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We all need pivots to win..yes or not? 13 replies

The System (Irony included) 1,175 replies

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The System II (Yes with irony)

  • #10,581
  • Nov 11, 2009 2:05am Nov 11, 2009 2:05am
Quoting jplo
My SL is at BE now, and l'm gonna let it be to see if it can go through the fuc%&%$$%% 1.50 area where it was rejected so many times....
with you on this one...

HR
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  • #10,582
  • Nov 11, 2009 2:07am Nov 11, 2009 2:07am
FX ... a theoritical question ... lets say you start the day with a runner ... once you lock in your profit do you stop for the day? I ask because I assume we are testing the market to find that runner and if we start with it then do we need to continue for the rest of the day?????
  • #10,583
  • Nov 11, 2009 2:10am Nov 11, 2009 2:10am
guys.. this is simple.. cut ur losses short and let ur winners run.. hehehehe..
the plan is all about this good old saying by our grandfathers..

I constantly look to trap the market with my orders and l welcome it to scape so i can chase it..
this mornign i had two orders on each side of the bracket.. short BB was a fakeout lost 10pips (cut the loser short.. ..G+ applied).. and now long BB and i will stay with it (let the winner run.. ..#1).. sounds like a solid plan..right?
my goof fellas.. I can not lose with this approach..

rinse and repeat hour in hour out, day in day out, week in week out, month in month out.. practise practise, repetition.. will creat habit and a winning attitude..

This is fun boyssssssssss..
  • #10,584
  • Nov 11, 2009 2:11am Nov 11, 2009 2:11am
Quoting DesertFX
Good Mrng Legends,

I am long from 1.4987. (FCR)

Entered at 95 -
$urvive, Pre$erve & RESPECT THE TEACHER
  • #10,585
  • Nov 11, 2009 2:14am Nov 11, 2009 2:14am
missed the train again.........,morning campers!
  • #10,586
  • Nov 11, 2009 2:16am Nov 11, 2009 2:16am
Quoting DesertFX
FX ... a theoritical question ... lets say you start the day with a runner ... once you lock in your profit do you stop for the day? I ask because I assume we are testing the market to find that runner and if we start with it then do we need to continue for the rest of the day?????
No i keep trading.. bcz you might get 3 runners in one day and for rest of the week none.. so i got to take most advantage of all runners in one week..
i stick to my hours.
now u see me take off here and there.. but if I got a live market in hand will never ever do that.. specially on my reall hungery days.

you +100/+150 days will make up and more for the small losing days or BEs.
so keep on pluging..
  • #10,587
  • Nov 11, 2009 2:24am Nov 11, 2009 2:24am
Quoting DesertFX
Playing #1 here ... I hope I can play this well.

If I learnt correctly I have nothing in the bag till I close it , wont be shy and take it back, I aint got it yet ... will let it ride and let price action guide me.
Moving stop to 1.5022
  • #10,588
  • Nov 11, 2009 2:26am Nov 11, 2009 2:26am
Quoting DesertFX
Moving stop to 1.5022
Ditto
$urvive, Pre$erve & RESPECT THE TEACHER
  • #10,589
  • Nov 11, 2009 2:26am Nov 11, 2009 2:26am
Quoting mac1956
Entered at 95 -
Macdaddy ) ... Buddy I am still a student in your class. I am sure the professor is human and not all entries are perfect.
  • #10,590
  • Nov 11, 2009 2:27am Nov 11, 2009 2:27am
Quoting DesertFX
Moving stop to 1.5022
stop loss @ 5019 just under last mini swing
  • #10,591
  • Nov 11, 2009 2:27am Nov 11, 2009 2:27am
Quoting fxachilies
No i keep trading.. bcz you might get 3 runners in one day and for rest of the week none.. so i got to take most advantage of all runners in one week..
i stick to my hours.
now u see me take off here and there.. but if I got a live market in hand will never ever do that.. specially on my reall hungery days.

you +100/+150 days will make up and more for the small losing days or BEs.
so keep on pluging..
Cheers FX. You are a pal.
  • #10,592
  • Nov 11, 2009 2:32am Nov 11, 2009 2:32am
Quoting DesertFX
Macdaddy ) ... Buddy I am still a student in your class. I am sure the professor is human and not all entries are perfect.
Might be a bit reckless to be a student in my class just yet Desert - I learn a lot from your consistently clear posts buddy -
$urvive, Pre$erve & RESPECT THE TEACHER
  • #10,593
  • Nov 11, 2009 2:38am Nov 11, 2009 2:38am
Quoting mac1956
Might be a bit reckless to be a student in my class just yet Desert - I learn a lot from your consistently clear posts buddy -
My dear friend many kind thanks ... that really means alot to me.
  • #10,594
  • Nov 11, 2009 2:49am Nov 11, 2009 2:49am
to quote fx...the runners make it all worth while...

HR
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  • #10,595
  • Nov 11, 2009 2:50am Nov 11, 2009 2:50am
Is this the first Hurdle?
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  • #10,596
  • Nov 11, 2009 2:51am Nov 11, 2009 2:51am
Quoting DesertFX
Is this the first Hurdle?
FX failure to break this hurdle level here do we take profit? or just let the market it stop us out.
  • #10,597
  • Nov 11, 2009 2:53am Nov 11, 2009 2:53am
Quoting FOURX
missed the train again.........,morning campers!

Fourx, No prediction here, but the probabailities say that with a burst like we have just had she will go upsides again so get ready to jump on the train when it does.
Survive and Preserve
  • #10,598
  • Nov 11, 2009 2:54am Nov 11, 2009 2:54am
Quoting DesertFX
FX failure to break this hurdle level here do we take profit? or just let the market it stop us out.
the balls in your court for #1 exit...
  • #10,599
  • Nov 11, 2009 2:56am Nov 11, 2009 2:56am
Quoting DesertFX
FX failure to break this hurdle level here do we take profit? or just let the market it stop us out.
You can play both DesertFx:

1/ you can apply #1 and get out on top if it doesn't break HH....
* keeping an entry option opened above it, it case it breaks later

2/ As far as you are in good profits, you can simply set your SL below the last FCR and let it be.. trailing it above each new FCR formed

It is totally up to you

Hope it helps
  • #10,600
  • Nov 11, 2009 2:57am Nov 11, 2009 2:57am
ok,so everyone who is long should intend to close if this mini range/bb is broke at 22...... i think thats correct, but who will reverse?
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