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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)

  • #11,481
  • Nov 23, 2009 9:32am Nov 23, 2009 9:32am
out +2pips,too many candles with long wicks for me,waiting another setup...
Money is made by sitting, not trading. Jesse L. Livermore
  • #11,482
  • Nov 23, 2009 9:39am Nov 23, 2009 9:39am
Very, very rough day for me.... another 30-40 minutes here, and will close the shop for today...
  • #11,483
  • Nov 23, 2009 9:42am Nov 23, 2009 9:42am
Quoting coronajazz
Well,at least I am lucky with that (GMT+1 here). You know what they say. Forex trades in three sessions LONDON, LONDON AND LONDON .
I take that back. Whole session moved in 30 pips range. Unbelieveable!!!
You wont survive without preserving!!!
  • #11,484
  • Nov 23, 2009 9:42am Nov 23, 2009 9:42am
Quoting dim4ik42
Very, very rough day for me.... another 30-40 minutes here, and will close the shop for today...
Attached Image
  • #11,485
  • Nov 23, 2009 9:51am Nov 23, 2009 9:51am
Quoting iak
Attachment
Out of that at brakeeven!
You wont survive without preserving!!!
  • #11,486
  • Nov 23, 2009 10:10am Nov 23, 2009 10:10am
Attached Image (click to enlarge)
Click to Enlarge Name: bitch.png Size: 24 KB
  • #11,487
  • Nov 23, 2009 10:24am Nov 23, 2009 10:24am
maaan,we're sitting on the same level since 8 hours...
Money is made by sitting, not trading. Jesse L. Livermore
  • #11,488
  • Nov 23, 2009 10:51am Nov 23, 2009 10:51am
seems like i'm the only one in short @4965?
Money is made by sitting, not trading. Jesse L. Livermore
  • #11,489
  • Nov 23, 2009 10:56am Nov 23, 2009 10:56am
Quoting sam69
seems like i'm the only one in short @4965?

waiting for 49597 cuz need to rest me head. hope it goes well though
  • #11,490
  • Nov 23, 2009 11:05am Nov 23, 2009 11:05am
stopped out @4979
Money is made by sitting, not trading. Jesse L. Livermore
  • #11,491
  • Nov 23, 2009 11:21am Nov 23, 2009 11:21am
I have not had a chance to trade today and looking at the chart I am glad I was away
Dance with the market .. I have two left feet
  • #11,492
  • Nov 23, 2009 2:51pm Nov 23, 2009 2:51pm
Quoting mac1956

Something important hit me while I was thinking through the process of learning this philosophy this weekend - and I hope it is useful to other practitioners of this great approach.

[color=black][font=Verdana]We psychologists know that people generally feel more emotional activation (and for longer) about their losses than they do about their wins of equal or even greater...
Great post Mac.
  • #11,493
  • Nov 23, 2009 10:02pm Nov 23, 2009 10:02pm
Morning guys......, here 11.00 am
Let's trade again
  • #11,494
  • Nov 23, 2009 10:15pm Nov 23, 2009 10:15pm
Quoting Musanto
Morning guys......, here 11.00 am
Let's trade again
yeah,let us knock down this beast,it cost me 15 pips yesterday,it seems she just cant decide where she will go,crazy begin of week
btw. here 12.15am
Money is made by sitting, not trading. Jesse L. Livermore
  • #11,495
  • Nov 23, 2009 10:22pm Nov 23, 2009 10:22pm
Quoting sam69
yeah,let us knock down this beast,it cost me 15 pips yesterday,it seems she just cant decide where she will go,crazy begin of week
btw. here 12.15am
yesterday, got 19 pips from 4 trades
Market moved only 30 pips from open.
will testing long at 51, let's see
  • #11,496
  • Nov 23, 2009 10:26pm Nov 23, 2009 10:26pm
Quoting Musanto
yesterday, got 19 pips from 4 trades
Market moved only 30 pips from open.
will testing long at 51, let's see
yes,i'm in too at 51,whre is your sl,mine at 36(15pips)
Money is made by sitting, not trading. Jesse L. Livermore
  • #11,497
  • Nov 23, 2009 10:30pm Nov 23, 2009 10:30pm
Quoting sam69
yes,i'm in too at 51,whre is your sl,mine at 36(15pips)
My sl is a bit flexible if the trade hit, right now at 37.
  • #11,498
  • Nov 23, 2009 10:36pm Nov 23, 2009 10:36pm
Hi Musanto, where are you in the world? Its 3:30pm here in Sydney

Quoting Musanto
Morning guys......, here 11.00 am
Let's trade again
Survive and Preserve
  • #11,499
  • Nov 23, 2009 10:40pm Nov 23, 2009 10:40pm
i have a bad feeling,price just hit my order and went back,its always the same if the price not passes through the level line,is it also a chop monster that we had yesterday?
Money is made by sitting, not trading. Jesse L. Livermore
  • #11,500
  • Nov 23, 2009 10:41pm Nov 23, 2009 10:41pm
Quoting Musanto
My sl is a bit flexible if the trade hit, right now at 37.
move my position to 1.4954, sl the same at 37
to give a bracket breakout look
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