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The System II (Yes with irony)

  • #11,041
  • Nov 17, 2009 11:32pm Nov 17, 2009 11:32pm
Oh! and good morning to you all, or for me its good afternoon here..... look forward to trading with all of you today..
  • #11,042
  • Edited Nov 18, 2009 12:09am Nov 17, 2009 11:55pm | Edited Nov 18, 2009 12:09am
good morning
1st trad out -7. it was a classic 123s for my and i play 2g+ instead of playing 2 and get out at BE
anyway i'm waiting now for the 4883 short FCR 2 2g+
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it's a huge gap tony, a huge gap.
  • #11,043
  • Nov 18, 2009 12:02am Nov 18, 2009 12:02am
Quoting gevellber02
good morning
1st trad out -7. it was a classic 123s for my and i play 2g+ instead of playing 2 and get out at BE
anyway i'm waiting now for the 4843 short FCR 2 2g+
hi,do you mean 4868??,it seems to be a short possibility @4868 what i see on my chart?
how about 4883?
Money is made by sitting, not trading. Jesse L. Livermore
  • #11,044
  • Nov 18, 2009 12:02am Nov 18, 2009 12:02am
I ve put order to go long at 1.4910.
You wont survive without preserving!!!
  • #11,045
  • Nov 18, 2009 12:05am Nov 18, 2009 12:05am
Quoting coronajazz
I ve put order to go long at 1.4910.
me too,@4909
Money is made by sitting, not trading. Jesse L. Livermore
  • #11,046
  • Nov 18, 2009 12:11am Nov 18, 2009 12:11am
Good morning
I am new here, wish to learn something diferent of you guys.
Iam also looking at 4884 and want to ask did it failed? coz we can have only double top or break for long so if it will be double top for short will it be valid signal?
"Even a million miles journey starts with one single step"
  • #11,047
  • Nov 18, 2009 12:13am Nov 18, 2009 12:13am
Quoting sam69
hi,do you mean 4868??,it seems to be a short possibility @4868 what i see on my chart?
how about 4883?
you are right my mistake. i meant 83
it's a huge gap tony, a huge gap.
  • #11,048
  • Nov 18, 2009 12:20am Nov 18, 2009 12:20am
my long at 4909 is already triggered,lets see,if not i think short at 4881..
Money is made by sitting, not trading. Jesse L. Livermore
  • #11,049
  • Nov 18, 2009 12:21am Nov 18, 2009 12:21am
Quoting janqie
Good morning
I am new here, wish to learn something diferent of you guys.
Iam also looking at 4884 and want to ask did it failed? coz we can have only double top or break for long so if it will be double top for short will it be valid signal?

Hi Mate - you have a bit of catching up to do - read the thread and you'll see how simple and effective this way of trading is. There are defences against getting suckered into a double top as we may have forming right now. But there is no short signal of any worth for us until about 881. To understand it there are too many small lessons to be taught in one post. Get reading bud - you're very welcome. 4734 will give you a guide and then take it from there. Terms you might want to understand are the basic 123 set up, FCR and #1, #2 and #2G+ defences, Fakeout and Semi-fakeout. Most of us trade EURUSD only for this site (although we trade other pairs we tend to post only this one on the thread) 5 minute chart. This is dynamite so any time you spend working with it to understand it is
profit for youin teh future.

Good luck brother.
$urvive, Pre$erve & RESPECT THE TEACHER
  • #11,050
  • Nov 18, 2009 12:24am Nov 18, 2009 12:24am
Quoting sam69
my long at 4909 is already triggered,lets see,if not i think short at 4881..

Hi Sam,

Just a personal comment , with repsect - you may have been a bit keen to get into the long giving it only 2 pips above the previous HH. 3 pips plus your spread will keep you out of the mess....remember it's the runners we want so a couple of pips isn't going to hurt you. Better to be out wishing you were in than in wishing you were out. hope it goes your way bud - I'm waiting for it too but no prediciton!
$urvive, Pre$erve & RESPECT THE TEACHER
  • #11,051
  • Nov 18, 2009 12:25am Nov 18, 2009 12:25am
Quoting sam69
my long at 4909 is already triggered,lets see,if not i think short at 4881..
your order should have been at 11/12 3 pips + spred above the HH
GOOD LUCK
it's a huge gap tony, a huge gap.
  • #11,052
  • Nov 18, 2009 12:29am Nov 18, 2009 12:29am
Quoting mac1956
Hi Sam,

Just a personal comment , with repsect - you may have been a bit keen to get into the long giving it only 2 pips above the previous HH. 3 pips plus your spread will keep you out of the mess....remember it's the runners we want so a couple of pips isn't going to hurt you. Better to be out wishing you were in than in wishing you were out. hope it goes your way bud - I'm waiting for it too but no prediciton!
oh ya,i was wondering because of spread,ok now i got it,many thanks!
Money is made by sitting, not trading. Jesse L. Livermore
  • #11,053
  • Nov 18, 2009 12:30am Nov 18, 2009 12:30am
Quoting sam69


oh ya,i was wondering because of spread,ok now i got it,many thanks!

Will save you mucho grief and leave you some money for your wife!!! Lol....Now she's going your way Bro - nice one!
$urvive, Pre$erve & RESPECT THE TEACHER
  • #11,054
  • Nov 18, 2009 12:32am Nov 18, 2009 12:32am
Quoting gevellber02
your order should have been at 11/12 3 pips + spred above the HH
GOOD LUCK
thank you for clarify,all these friendly advices from you guys,i feel like by my family
Money is made by sitting, not trading. Jesse L. Livermore
  • #11,055
  • Nov 18, 2009 12:34am Nov 18, 2009 12:34am
thank you for comments. going to read.will be back soon good luck on green pips guys!
"Even a million miles journey starts with one single step"
  • #11,056
  • Nov 18, 2009 12:35am Nov 18, 2009 12:35am
long 4912
it's a huge gap tony, a huge gap.
  • #11,057
  • Nov 18, 2009 12:35am Nov 18, 2009 12:35am
Quoting mac1956
Will save you mucho grief and leave you some money for your wife!!! Lol....Now she's going your way Bro - nice one!
...my wife would be happy!
Money is made by sitting, not trading. Jesse L. Livermore
  • #11,058
  • Edited 1:20am Nov 18, 2009 12:48am | Edited 1:20am
Quoting sam69
...my wife would be happy!

SO now we go from #2G+ defence to #1 - coool huh? The Great Feb and Fx at work - free gifts for life. Price acted funny at the HH after a tiny retrace - removed myself for +11...my take on the #1 play there. Ready to re-enter 933 or short at 894....gratitude to the gurus....kerching. Some might be holding through this fakeout - it might give another chance at the HH, but it might not...good luck if you are...I'm rooting for you!
$urvive, Pre$erve & RESPECT THE TEACHER
  • #11,059
  • Nov 18, 2009 12:59am Nov 18, 2009 12:59am
Quoting mac1956
SO now we go from #2G+ defence to #1 - coool huh? The Great Feb and Fx at work - free gifts for life.
Well coooool man!!! morning Mac
  • #11,060
  • Nov 18, 2009 1:09am Nov 18, 2009 1:09am
i was reading some posts,thank you mac1956 for your advice!
btw. i was too early out @4917 (+8pips)
Money is made by sitting, not trading. Jesse L. Livermore
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