The System II (Yes with irony)

Guys!

Do you have a final target in case a move like this goes straight in one direction. Like 80 pips or 100 pips or whatever?

SL move to 4835 +25

Stop to .4832...(new FCR, correct)?

sold @4805,anybody else?

late post but short from 1.4860 hard stop at 1.4835

out +40

Brothers!!!!!!!

Have to go shopping with my wife right now.....

Anyway - i am in big profit today fot this moment because of sticking with PLAN and catching two nice moves!!!!!! Yahoo!!!!!!!!!

Have a good day and good luck!!!!!!!!

Still holding...how are you guys currently reading PA? Looks like momentum starting to pick up again? Couple high closes/long wick candles forming..

out at +39 pips

I know we are not looking at 1h charts, but just took a glance. If it brakes bellow 1.4800 it is a black hole there, nothing to lean on.

New York open in 10 min tight stop at 1.4830

You can do the same zooming out on 5 minute charts.

Out +42, too many green bars n high closes for me, ciao.

second trade today stopped out,price hit just my entry order and went back

out at 1.4830

Hi Gentelmens,
I have finally made it infront of the screen, awake and well.. lol

just skipped through todays posts.. nice activity guys.
nice looking run down.. but looked like a bit of rough ride early on before the breakout..
dims trades are for most part correct and macdaddys comments are well appreciated.. the part he talks about G+ in post 11279.. its on the money guys.. u can not treat this like a robot and at the same time u got be discipline enough to play the correct G+ with not giving toomuch away.. its all about expectacy.. a bit of screen time experience and discreation play its role here aswell..
But.. check it out.. my man Dim stuck to his plan and came out ahead at end of the day... you know why.. bcz he maked out with da fakeout.. he welcomed losing.. bcz he belives now that runners will happen sooner or later.. and when it does he will comeout ahead by head and shoulder.. and he uses the defensive plays to the plan to keep his head aove the water so he can the next day next day afford to keep up the hunting for runners alive..

nice job everyone..

I guess you can. You know old habits... I was never too keen on indicators, but I always flerted with multiple timeframes and many pairs before I got to this thread. I think it will go away in time...I see the potential here.
Anyway Feb, I dont wanna bother you with PM`s so I will take this opportunity to thank you for what you put for us here. I am amazed... sincerely and truly amazed!

why were u triggered?

make sure u apply 3pis + spread..

I think FX has said it before in this thread that S and R is made to be broken and watch the recent prices action. If price breaks below 1.4800 then price wil create lots of FCR's to guide us

thanks for the reply,my broker has a fixed spread 2pips that's i have always 5 pips below/above recent low/high of 123/fcr/bb,price hit today exactly my order and went back,i'm trying to play #2/#2G+ depending on setups but i have still not fully understand therefore i'm going to read the thread/posts and doc and pdf files on weekend,i will demoing this stuff till i have understood the setups and devensive play rules,thank you again!