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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)

  • #10,701
  • Nov 11, 2009 1:11pm Nov 11, 2009 1:11pm
Quoting tptrading
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The smart move is to close the biachhhhhhhh and go to a nice dinner with your women/family and come back fresh the next day..
at this hour you got nothing but a dry NY session..
learn to reward yourselves guys.. even on daily basis.. a long ass chopp monstey for most of the day and coming up ahead deserves a good time afterward

just my humble opinion.. you are a master in your own term sir.
  • #10,702
  • Nov 11, 2009 1:17pm Nov 11, 2009 1:17pm
Paul,
stick around for a bit please i want to dicuss ur trades for today..

thanks..
  • #10,703
  • Nov 11, 2009 1:24pm Nov 11, 2009 1:24pm
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  • #10,704
  • Nov 11, 2009 1:27pm Nov 11, 2009 1:27pm
Quoting fxachilies
Paul,
stick around for a bit please i want to dicuss ur trades for today..

thanks..
I will be here.
Survive and Preserve
  • #10,705
  • Edited 1:50pm Nov 11, 2009 1:30pm | Edited 1:50pm
Quoting fxachilies
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Without prediction creeping coming in I thought this one would pull back a little and blow off to the upisde again quite easily - There was full momentum in the break - Thats why as we have said we shouldn`t get married to a trade - and look what happened - the reverse. Market tricks everyone right.
Survive and Preserve
  • #10,706
  • Nov 11, 2009 1:35pm Nov 11, 2009 1:35pm
My trades for the day - I'm controlling my urge to be in on everything and so only 4 trades that I felt good to push the button on today. Thanks for your great advice the other day Fx - I note everything set up by set up.
+70 day for me - that'll do nicely thank you.


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$urvive, Pre$erve & RESPECT THE TEACHER
  • #10,707
  • Nov 11, 2009 1:47pm Nov 11, 2009 1:47pm
Quoting PaulLangham
Here are my trades - just two but +70

I think tday sfhowed that there are various ways of playing the same style and market - some people like to get closer others stand back a bit. I have been too close recently , too many trades, too much slipagge and spread being paid and I am trying to really let my trades bake.

If you take trade 1 there was a higher low 1.5026 which was taken out where I would normally have closed - you all know how I play these, but I wanted to give more space and came out the next one down.

FX has frequently made the...
Hi Paul L.you had very good day and I think about the same way what you done today.It is very important right entry and then you have more options.From mine view eentry is important as exit otherwise it is going to overtrading.I tought about this the bloody whole week.You show that way today.Hm now just bake right entry)))).On other hand this method is for test market and try to get to surf on nice long wave.Like today morning done jplo when he entered into BB,so need just time and practise.......practise .
Happy trading rock familie.
  • #10,708
  • Nov 11, 2009 1:51pm Nov 11, 2009 1:51pm
Quoting mac1956
My trades for the day - I'm controlling my urge to be in on everything and so only 4 trades that I felt good to push the button on today. Thanks for your great advice the other day Fx - I note everything set up by set up.
+70 day for me - that'll do nicely thank you.


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Hey MAc

Superb trade number 1 - max play #1
Survive and Preserve
  • #10,709
  • Nov 11, 2009 1:52pm Nov 11, 2009 1:52pm
ok... so u skipped the question.. lol

i try another question..

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  • #10,710
  • Nov 11, 2009 1:59pm Nov 11, 2009 1:59pm
Quoting fxachilies
ok... so u skipped the question.. lol

i try another question..

http://cdn.forexfactory.com/images/attach/gif.gif
LOL

"Normally" yes - like we said if we hold long and it goes to the stars like this we can get the range/channel - I have been had once too many times by Mr Market closing on the first pull back only for price to shoot another 100. So I let the first break go and closed on the second - downside.

So today in this long with price behaving as it was - no short for me.

So today if I was not long already then yes I would take the trade, cos I take all FCR properly formed unless as explained already in a trade from the oppsoing side.

So tomorrow if price does not look like we are going range and price did not have such momentum to the upside, yes i will take it , as maybe we are simply coming stratight back down, just like you have seen me do on many occassions. Maybe I win maybe I lose - like we said who cares.

Q cos I still don`t get it - do you believe in the short ? LOL
Survive and Preserve
  • #10,711
  • Nov 11, 2009 2:24pm Nov 11, 2009 2:24pm
Quoting PaulLangham
LOL

"Normally" yes - like we said if we hold long and it goes to the stars like this we can get the range/channel - I have been had once too many times by Mr Market closing on the first pull back only for price to shoot another 100. So I let the first break go and closed on the second - downside.

So today in this long with price behaving as it was - no short for me.

So today if I was not long already then yes I would take the trade, cos I take all FCR properly formed unless as explained already in a trade from the oppsoing side....
you can hold your trade as long as u want unless there is a break of a solid fcr/BB.. if u hold through such occasions I like to see u do it live reall time trade and do it consistently with profitable results..

you cant belive in our setups but on other hand be so good or so lucky day in and day out to only pick out the runner in one shot..
if u did not get invlove atleast with three fakeouts prior to the bearish runner i can not accept that u got the runner on your first try.. if u did its not gonna be a consistent winner method..
to this day i can't still do that.. are u better than me and feb?
maybe u are maybe not.. its not the point..
but its not our plan that we practise in here..

what if the 5025 was a runner on its own? not playing #1 on the first bull run with reentery option inplace.. is that our plan?

I am only asking this questions bcz you support my preach of "sticking to the plan" thing.. yet I dont see u practise it..
this will creat confusion in the thread..

my brother u can trade however u like.. but in here we practise the plan.. your charts/trades must fit.. otherwise its good for another thread.

but if u can hold through 5025 after being in the profit for 50 and ignoring the solid BB/fcr breakout and not giving a hood to If and Then or expectacny or the plan.. I very much like to see it done before my eyes so i can learn how is done.

Thank you.
  • #10,712
  • Nov 11, 2009 2:47pm Nov 11, 2009 2:47pm
Quoting fxachilies
you can hold your trade as long as u want unless there is a break of a solid fcr/BB.. if u hold through such occasions I like to see u do it live reall time trade and do it consistently with profitable results..

you cant belive in our setups but on other hand be so good or so lucky day in and day out to only pick out the runner in one shot..
if u did not get invlove atleast with three fakeouts prior to the bearish runner i can not accept that u got the runner on your first try.. if u did its not gonna be a consistent winner method..
to this day...
exactly my thoughts for quite a while fx, i have not found any benefit from seeing Pauls trades being posted at the end of his day.

i can look at a chart myself at the end of the day and see exactly where would have been best to enter/exit.

it was febs refusal to show trades with hindsight
  • #10,713
  • Nov 11, 2009 3:06pm Nov 11, 2009 3:06pm
ok.. my trades for the day.. i show u guys how this day should have been played.. based on a solid structure that will work on a long run with consistent result..

trade1.. simple BB.. fakeout.. G+ applied for -10..

trade2.. BB.. sf.. #1 ply.. good for +42 pips out of 48piper potential.. if u missed the first time to play #1 or you were keen to keep it open for longer u got several other chances to ply it with triple top.. no reason to hold for much longer.. if u belive in the plan as ur winning ticket here..
I closed it for the max profit and put up reentery order.. i closed it bcz price (our only indicator) guided me so.. and I did not want miss out on the revesal opportunity... and definatly did not want to fuck up a 50 gain if reversal breakout would have countinued and I sit with BE at my hand instead of a 80+ possible gain and more.. an more impotantly feel deviated from my game plan..

trade3.. bb/fcr.. fakeout.. G+ good for -10.. i don't know about you but it looks like a setup that fits in our plan.. could have been a runner u knowwwwwwww.. if u don't think so then what are u doing in this thread and trading this style..

trade4.. -10 .. same story as above..

trade5.. bb.. fakeout.. G+ good for another -10.. I took it bcz it wanted to test the first direction of wallst open.. could have been a runner you knowwwwwwwwww..

Trade6.. bb.. sf.. #1.. good for +32.. could have played a #1 alittle better for extra 10 more.. but hey I am a human.. and it was late i wanted some pips and I had my gf on my ass to go to dinner on top of all..

all my trades done live in here and my journal mostly.. all my trade base on what i preach with 100% support and solid explenations behind it..

anyways.. days bottomline 2-4 for +34.. less than most of u but i do it consistently and capitalize on 95% of all runners within the plan..

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  • #10,714
  • Nov 11, 2009 3:15pm Nov 11, 2009 3:15pm
Quoting FOURX
exactly my thoughts for quite a while fx, i have not found any benefit from seeing Pauls trades being posted at the end of his day.

i can look at a chart myself at the end of the day and see exactly where would have been best to enter/exit.

it was febs refusal to show trades with hindsight
relax fourx.. don't jump the gun here..
PaulL is a very good trader and has fully grasped the concept in here and a great contributor in this thread.. he is my pal.. he is capable of holding those trades and do exactly as what he shows..
its just that u can not show different things in here.. if u preach text book stuff ur trade must show that way..
there have been days that I have done somethings differently but i dont bring it to the thread.. this will result in confusion and bring zillion pm's to my inbox with all kinds of questions..
  • #10,715
  • Nov 11, 2009 3:34pm Nov 11, 2009 3:34pm
Quoting fxachilies
you can hold your trade as long as u want unless there is a break of a solid fcr/BB.. if u hold through such occasions I like to see u do it live reall time trade and do it consistently with profitable results..

you cant belive in our setups but on other hand be so good or so lucky day in and day out to only pick out the runner in one shot..
if u did not get invlove atleast with three fakeouts prior to the bearish runner i can not accept that u got the runner on your first try.. if u did its not gonna be a consistent winner method..
to this day...

Hey Fx,

I think this is a great thread that`s why I am going to leave it you guys.

Have to say though a comment posted not long after yours was undeserved and does leave a funny taste in the mouth though, if you scan back there are plenty who welcomed my posts.

Good trading to all.
Survive and Preserve
  • #10,716
  • Nov 11, 2009 4:06pm Nov 11, 2009 4:06pm
Quoting PaulLangham
Hey Fx,

I think this is a great thread that`s why I am going to leave it you guys.

Have to say though a comment posted not long after yours was undeserved and does leave a funny taste in the mouth though, if you scan back there are plenty who welcomed my posts.

Good trading to all.
I used to get beat up everyday in here and still to this day sometimes.. so what.. so what if someone talks atta his ass.. does that should effect u so easy to leave your family? effect you enough to leave and so easy give up on helping others?.. leave your brothers that looked up to u behind?
be my guest.. its a free world brother..

my questioning of ur trades that i been noticing for the past sometime is right on the money and stricktly business.. and is for the sake of threads direction and guys in the developing process.. last thing u wanna do is to creat confusion... I have sat back and watched severall peopel questioning ur trades in different days and ur responds have not been solid or strcutural.. so then i get flooded with pms!!!! .. which is fine i can handel it... but at some point i got to bring it to ones atttention even for his own good..

your todays trade managment is a failure one in a long run in our frame of style.. sorry to be so blunt.. this is about money after all and cold trading.. last thing i wanna see is you lose money.. and I know deep down u second my observation of ur todays performance..

and.. a leader can not deviate from what he preaches and if he does or makes a mistake then he should just simply accept and admit so.. so he can still lead the next day..
I expected a different respond from you..
  • #10,717
  • Nov 11, 2009 4:20pm Nov 11, 2009 4:20pm
hey fx,

i am aware that Paul has bee an asset to this thread, i have benefited from his observations and am grateful to him for that.

i was only making the point that realtime posting is more beneficial
(feb did not believe in hindsight)

  • #10,718
  • Edited 4:29pm Nov 11, 2009 4:20pm | Edited 4:29pm
Fxachilies

Why did you not take the Break of the BB (sell) between Trade #4 and 5...

Looks like a valid entry according to YOUR rules.

Lufkindog
  • #10,719
  • Nov 11, 2009 4:32pm Nov 11, 2009 4:32pm
Quoting PaulLangham
Hey Fx,

I think this is a great thread that`s why I am going to leave it you guys.

Have to say though a comment posted not long after yours was undeserved and does leave a funny taste in the mouth though, if you scan back there are plenty who welcomed my posts.

Good trading to all.

Paul - I have found your charts very evry useful indeed - you have taught me to hang onto trades for longer and modelled a more level-headed temperament while the trades are live. It hasn't always gone your way either. You have posted charts that have revealed flaws also - and they are clear when they are posted. FOURX has a tendency to leap on people if he thinks they have made a mistake and his comments can come across as pretty barbed at times - now this is useful to me when it forces me to think and I have been glad of it - but in this case I think it is uncalled for and cynically unfair.

I hope you don't leave my friend. Your contribution is rich and valuable. I fully expect that you'll receive an apology for the offensive comment - it was as you say undeserved and leaves a funny taste in my mouth also. Families need trust, not sniping comments. There are two coaches here from whom difficult feedback is acceptable - Feb and Fx - they have the respect earned through the dedication to our progress that they show day in and day out. Anyone else in my humble opinion really needs to show respect to members or butt out.
$urvive, Pre$erve & RESPECT THE TEACHER
  • #10,720
  • Nov 11, 2009 4:42pm Nov 11, 2009 4:42pm
Quoting FOURX
hey fx,

i am aware that Paul has bee an asset to this thread, i have benefited from his observations and am grateful to him for that.

i was only making the point that realtime posting is more beneficial
(feb did not believe in hindsight)

You know FOURX, you often pour acid on people with your cynical posts when you consider they have fallen short and then pretend that you meant something else by it when Fx pulls you up about it. In my opinion you owe Paul a simple apology. You were out of order, pure and simple.
$urvive, Pre$erve & RESPECT THE TEACHER
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