The System II (Yes with irony) | Page 574 | 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)

  • #11,461
  • Nov 23, 2009 8:21am Nov 23, 2009 8:21am
what an interesting array of enteries - I am in at 81 and now playing a #1 exit.
I make money anywhere in the world by taking orders
  • #11,462
  • Nov 23, 2009 8:21am Nov 23, 2009 8:21am
hey guys,

what is your BB-high? 4990 or 4983?
i took 4983...
Attached Image (click to enlarge)
Click to Enlarge Name: 2009-11-23_2219.png Size: 40 KB
Money is made by sitting, not trading. Jesse L. Livermore
  • #11,463
  • Nov 23, 2009 8:22am Nov 23, 2009 8:22am
moving stop to 1.4980
You wont survive without preserving!!!
  • #11,464
  • Nov 23, 2009 8:26am Nov 23, 2009 8:26am
Quoting coronajazz
moving stop to 1.4980
what was your thinking when you moved your stop?
I make money anywhere in the world by taking orders
  • #11,465
  • Nov 23, 2009 8:29am Nov 23, 2009 8:29am
was in at 95. now out -10. should have taken rest of day off after first trade!
  • #11,466
  • Nov 23, 2009 8:31am Nov 23, 2009 8:31am
US news in 30 minutes "existing home sales"
  • #11,467
  • Nov 23, 2009 8:31am Nov 23, 2009 8:31am
Quoting sam69
hey guys,

what is your BB-high? 4990 or 4983?
i took 4983...
BB at 1.4979x, entry is 79x +4 = 84 (x : pipete)
play #2 right now, oh, go pass HH
  • #11,468
  • Nov 23, 2009 8:34am Nov 23, 2009 8:34am
Quoting SedonaPipper
what was your thinking when you moved your stop?
A two candle low at 1.4983. Out with -3 anyway.
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You wont survive without preserving!!!
  • #11,469
  • Nov 23, 2009 8:37am Nov 23, 2009 8:37am
I am not advising this but may be worth thinking about. When i first started trading this way i cld never go a day without entering a trade or three that wasnt part of the plan. I think i may have found a personal solution. I am keeping tight money management but i have increased my lot size to a level that is just a little uncomfortable for me. guess what? im not fucking around anymore making daft trades!!
  • #11,470
  • Nov 23, 2009 8:39am Nov 23, 2009 8:39am
Quoting dim4ik42
Exactly!!!! I am in this long too!!!!
out +11 #1 play
  • #11,471
  • Nov 23, 2009 8:50am Nov 23, 2009 8:50am
Quoting dim4ik42
out +11 #1 play
Nice play dim4ik42. I ve taken the HH from earlier this morning as the high for the bracket. I had one ping (-14) and one pong (-3) today. Now waiting on the other side of the fence (long 1.5002 short 1.4979). I dont know if it is worthed though, Mr.Market is either dead or very very sick today.
You wont survive without preserving!!!
  • #11,472
  • Nov 23, 2009 8:53am Nov 23, 2009 8:53am
Quoting dim4ik42
out +11 #1 play
Out +9, don't want to trade news
  • #11,473
  • Nov 23, 2009 9:12am Nov 23, 2009 9:12am
this beast took my short order at 4978
Money is made by sitting, not trading. Jesse L. Livermore
  • #11,474
  • Nov 23, 2009 9:15am Nov 23, 2009 9:15am
Quoting sam69
this beast took my short order at 4978
Mine too. And yet another fakeout. But dont worry, it has to go somewhere eventually
You wont survive without preserving!!!
  • #11,475
  • Nov 23, 2009 9:17am Nov 23, 2009 9:17am
Quoting coronajazz
Mine too. And yet another fakeout. But dont worry, it has to go somewhere eventually
yep, me too. 49796
  • #11,476
  • Nov 23, 2009 9:23am Nov 23, 2009 9:23am
Excuse my ignorance here but cld someone fill me in here. If news is USD and is better than expected do expect price to go south?
  • #11,477
  • Nov 23, 2009 9:24am Nov 23, 2009 9:24am
Stopped out @ <10>
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  • #11,478
  • Nov 23, 2009 9:27am Nov 23, 2009 9:27am
Quoting iak
Excuse my ignorance here but cld someone fill me in here. If news is USD and is better than expected do expect price to go south?
logicaly yes,strong dollar means weak euro,means eu should go down,but i dont know anything about market behavior..
Money is made by sitting, not trading. Jesse L. Livermore
  • #11,479
  • Nov 23, 2009 9:28am Nov 23, 2009 9:28am
Quoting iak
Excuse my ignorance here but cld someone fill me in here. If news is USD and is better than expected do expect price to go south?
I think lately, good news for USA = bad news for the US dollar, so EUR should rise (based on risk apetite ), but do not rely on that too much. PA will lead you the way.
You wont survive without preserving!!!
  • #11,480
  • Nov 23, 2009 9:29am Nov 23, 2009 9:29am
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