The System II (Yes with irony) | Page 556 | Forex Factory

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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)

  • #11,101
  • Edited 3:12am Nov 18, 2009 2:52am | Edited 3:12am
Quoting coronajazz
A question!
Do you trade this followthrough at 1.4960 or pass it? I am asking because there is overhead pivot level from yesterday at 1.4970 which can block the move.

IMHO, bearing in mind I ain't no expert by any means, just a bit gobby - might possibly trade it...with caution - but after a consolidation pattern (bracket) it would be worth a shot using the #2G+. But I can hear Fx (boy I miss him on this thread, don't you???) letting you know that the Pivot information is irrelevant here - he'd probably remind you to just watch the PA, it's all there and the tools here are the means by which we make test entries until it runs - and RUN IT WILL, even through the Pivot points, the psychological levels, previous Highs/lows etc etc. We trade NAKED here bro' - although I keep my coat on when it's cold - like today - freezing off me bits!


Quote from Feb - beginning of the thread "I mean why people need trendlines and moving averages to know where the trend is?? I mean...can you see it??

just look at higher highs/lower lows.....train your naked eye to see that and you won't feel like a donkey with a heavy load no more. I promise"
$urvive, Pre$erve & RESPECT THE TEACHER
  • #11,102
  • Nov 18, 2009 3:10am Nov 18, 2009 3:10am
Quoting sam69
what do you think,we are hanging on a resistanse(monthly) at 4936 now,could it go north again after testing?,do we need to use such levels?
hay
i don't no nothing abut monthly resistanse
anything can happen at any time
in the sys 2 we use FCR as a point were the market can reverse
a break of the 4935 FCR could give as a reversal
hope it help
it's a huge gap tony, a huge gap.
  • #11,103
  • Nov 18, 2009 3:18am Nov 18, 2009 3:18am
Quoting gevellber02
hay
i don't no nothing abut monthly resistanse
anything can happen at any time
in the sys 2 we use FCR as a point were the market can reverse
a break of the 4935 FCR could give as a reversal
hope it help
ok,i must read this thread properly on weekend,till then playing on demo,thanks for reply!
Money is made by sitting, not trading. Jesse L. Livermore
  • #11,104
  • Nov 18, 2009 3:22am Nov 18, 2009 3:22am
Mac,
Stuff like this will lead me to the mountain through the fog!!
Thanks for your insight.

PS I miss him, but I know where to find him...

Quoting mac1956
IMHO, bearing in mind I ain't no expert by any means, just a bit gobby - might possibly trade it...with caution - but after a consolidation pattern (bracket) it would be worth a shot using the #2G+. But I can hear Fx (boy I miss him on this thread, don't you???) letting you know that the Pivot information is irrelevant here - he'd probably remind you to just watch the PA, it's all there and the tools here are the means by which we make test entries until it runs - and RUN IT WILL, even through the Pivot points, the psychological levels, previous...
I follow THE PLAN to Survive & Preserve..
  • #11,105
  • Nov 18, 2009 3:27am Nov 18, 2009 3:27am
Quoting mac1956
IMHO, bearing in mind I ain't no expert by any means, just a bit gobby - might possibly trade it...with caution - but after a consolidation pattern (bracket) it would be worth a shot using the #2G+. But I can hear Fx (boy I miss him on this thread, don't you???) letting you know that the Pivot information is irrelevant here - he'd probably remind you to just watch the PA, it's all there and the tools here are the means by which we make test entries until it runs - and RUN IT WILL, even through the Pivot points, the psychological levels, previous...

great reminder post here by grand trooper Sir.Macdaddy..

I am here my friend.. I miss u guys too.. i watch everything. I am proud of all of you.. how your are fighting and keeping it alive.. some glitches here and there but no problems.. we got some new guys in here and way to go to give them guideness and helping them out.. it say alot about this family..

I can't help it though.. lol
to our latest newbies.. corronajazz, sam, trading786, shodd.. there are couple of other guys too... take my advise..
read the first 50pages and then refer to post 4734 and follow the instruction from there.. then read page 649.. (the whole Plan introduction).. this will keep you current with the thread.. and read the whole thread atleast once while u are staying current with everybody..
do this in the order that i mentioned above and u be on your way to make money with us and be the next sucess story of this family.. take the one step out of time to heart.. ur success is my greates wish..
guys like Jplo, macdaddy, elizo, enox, highroller, gevellber and afew more are already sucessfull and taken this very course.. ask them they tell u.. and new guys like Iak and Kishuo are on there way with there winning attitude to soon join the rest of the gang..

take care..
  • #11,106
  • Nov 18, 2009 3:27am Nov 18, 2009 3:27am
long 4965 BB2g+
it's a huge gap tony, a huge gap.
  • #11,107
  • Nov 18, 2009 3:27am Nov 18, 2009 3:27am
yeeeeh,lets go! long at 4964
Money is made by sitting, not trading. Jesse L. Livermore
  • #11,108
  • Nov 18, 2009 3:28am Nov 18, 2009 3:28am
back in long 1.49701

will prob play 2G+ if goes tits up. have lowered my lot size now as got my daily target of pips.
  • #11,109
  • Nov 18, 2009 3:34am Nov 18, 2009 3:34am
The bulls are in da house!!!!


Welcome brother FX!!!
Peace
  • #11,110
  • Nov 18, 2009 3:35am Nov 18, 2009 3:35am
ohhhh I forgot to mention member Musanto..

C'mon.. what is a thread without a little humour and fun..

welcome back bro..
  • #11,111
  • Edited 3:49am Nov 18, 2009 3:36am | Edited 3:49am
Quoting fxachilies
Sir.Macdaddy..

I am here my friend.. I miss u guys too..

take care..

He is the man - we have him to thank for FCR's. 2G+ and a host of lessons that give us the freedom to make money from NOTHING - let them all commute and turn up to jobs they hate - you de man Fx!
$urvive, Pre$erve & RESPECT THE TEACHER
  • #11,112
  • Nov 18, 2009 3:37am Nov 18, 2009 3:37am
Quoting feb2865
The bulls are in da house!!!!


Welcome brother FX!!!
hi my friend,

just a humble observer now..
  • #11,113
  • Nov 18, 2009 3:39am Nov 18, 2009 3:39am
Quoting fxachilies
ohhhh I forgot to mention member Musanto..

C'mon.. what is a thread without a little humour and fun..

welcome back bro..
Welcome FX. come in, get comfy. cold beer on the bar for you mate
  • #11,114
  • Nov 18, 2009 3:42am Nov 18, 2009 3:42am
Attached Image
  • #11,115
  • Nov 18, 2009 3:47am Nov 18, 2009 3:47am
It ok, i made those yellow lines really bouncy! ......as long as the springs hold shld shoot for the moon........lol

l
Attached Image
  • #11,116
  • Nov 18, 2009 3:49am Nov 18, 2009 3:49am
springs holding! but strained....
  • #11,117
  • Nov 18, 2009 3:51am Nov 18, 2009 3:51am
Iak, Oanda , they are hard to keep straight....

Quoting iak
It ok, i made those yellow lines really bouncy! ......as long as the springs hold shld shoot for the moon........lol

lAttachment
Survive and Preserve
  • #11,118
  • Nov 18, 2009 3:55am Nov 18, 2009 3:55am
Quoting en0x
Iak, Oanda , they are hard to keep straight....
yeah, they a bugger. good broker so far though. do you know if oanda do chart alarms? wld be nice to rest my eyes every now and then before i go blind
  • #11,119
  • Nov 18, 2009 4:00am Nov 18, 2009 4:00am
I'm out -5
it's a huge gap tony, a huge gap.
  • #11,120
  • Nov 18, 2009 4:01am Nov 18, 2009 4:01am
i think this time i was right,out @4969/+5pips,are you still in guys?
Money is made by sitting, not trading. Jesse L. Livermore
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