another one
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The System II (Yes with irony)
I have been reading and eventually commenting some of your movements. I must say I am very happy and proud. Happy to see that this Family did not break into atoms when FX decided to depart. There was a little of disorder at the beginning, but it is the kind of disorder that you see initially in all groups (where is my canteen? Anybody seen my boots?) prior to a big hike. This disorder was a result of a big energy explosion. Enthusiastic people all around. Family working together.
And Proud precisely for this: nobody whinning but everybody moving....
Thanks for your nice words.....
- #11,216
- Edited 2:47am Nov 19, 2009 2:33am | Edited 2:47am
- | Membership Revoked | Joined Feb 2009 | 2,903 Posts
ok.. guys elizo put up a very good question.. i know this is on each and everyone of your minds..
sticking to the plan tells u to take a shot on the 73 fcr.. and it turn out to a nasty fakeout.. which is nothing new to us.. but the core of the question is, should we let go due to being in such bearish PA.. my honest answer is.. i guess u can use some discreation of your own here.. and i belive screen time and many trades under your belt will creat that intution for you.. will it be consisten?.. i am not sure.. but if decide to go with u intution in such scenarious then u must obey by that decision and be discipline enough to not get cut in the middle of the fire.. must let go if it had run for 50pips before giving u the chance to jump on the ride.. so u see it goes hand to hand.. if u don't take it you could missout, if you do take it then you get a fakeout and small loss..
i tell u this.. If PA is your only guide (to me is exactly that) then u must follow its foot step to be consistent.. the plan is based on following the footstep on PA and the positve results shows up in the long haul (ur monthly statemeant not your daily).
you wanna know what i do..
I am thick skin.. i follow the plan.. i makeout with the fakeout.. i never risk the chance of missing out on a opportunity (that just makes me sick to my stomach.. seriously).
i rather take my shot.. but i try to be super sharp on recognizing the position and to spot the sucker very early by paying wolfish attention to the PA's level line price reaction and survive with less damage.. i can't sit here on the hindsight and tell howmuch i would have lost on this particular fakeout (i was out to lunch) but i normally get out of these for under 10 pips..
I have designed the G+ defensive play just for this purpose bcz i knew i have deal with alot of testing and low hit ratio.. this allows me to keep the level of fearless beings that i am used too..
..
I hope its a good enouth answer.. but u can count on it that it is the most honest answer.
sorry for the late reply.. i was out to lunch and i am in the process of getting intouch with my underground guy to get me some Whisky, JW black lable.. lol.. (its hard to find in myside of the world)... oh yes its thursday night like ur saturday night and i am getting geared up for fxa style party.. lol..
sticking to the plan tells u to take a shot on the 73 fcr.. and it turn out to a nasty fakeout.. which is nothing new to us.. but the core of the question is, should we let go due to being in such bearish PA.. my honest answer is.. i guess u can use some discreation of your own here.. and i belive screen time and many trades under your belt will creat that intution for you.. will it be consisten?.. i am not sure.. but if decide to go with u intution in such scenarious then u must obey by that decision and be discipline enough to not get cut in the middle of the fire.. must let go if it had run for 50pips before giving u the chance to jump on the ride.. so u see it goes hand to hand.. if u don't take it you could missout, if you do take it then you get a fakeout and small loss..
i tell u this.. If PA is your only guide (to me is exactly that) then u must follow its foot step to be consistent.. the plan is based on following the footstep on PA and the positve results shows up in the long haul (ur monthly statemeant not your daily).
you wanna know what i do..
I am thick skin.. i follow the plan.. i makeout with the fakeout.. i never risk the chance of missing out on a opportunity (that just makes me sick to my stomach.. seriously).
i rather take my shot.. but i try to be super sharp on recognizing the position and to spot the sucker very early by paying wolfish attention to the PA's level line price reaction and survive with less damage.. i can't sit here on the hindsight and tell howmuch i would have lost on this particular fakeout (i was out to lunch) but i normally get out of these for under 10 pips..
I have designed the G+ defensive play just for this purpose bcz i knew i have deal with alot of testing and low hit ratio.. this allows me to keep the level of fearless beings that i am used too..
..I hope its a good enouth answer.. but u can count on it that it is the most honest answer.
sorry for the late reply.. i was out to lunch and i am in the process of getting intouch with my underground guy to get me some Whisky, JW black lable.. lol.. (its hard to find in myside of the world)... oh yes its thursday night like ur saturday night and i am getting geared up for fxa style party.. lol..
- #11,219
- Nov 19, 2009 2:52am Nov 19, 2009 2:52am
- | Joined Feb 2008 | Status: Zombie Trader | 1,406 Posts
Hi Musanto 
.
Welcome Captain Musanto
.Welcome Captain Musanto
Survive and Preserve
