The System II (Yes with irony) | Page 579 | 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)

  • #11,561
  • Nov 24, 2009 2:16am Nov 24, 2009 2:16am
Quoting fxachilies
well done brother..
but.. sorry if i caused u to make less.. but check it out...

you vs the panicky guy..

the panicky guy most likley banked +35/+40 in this situation.. and his bottomline the end of the month will be a little above BE if he is really good at panicking alot.. lol

now you on other hand banked +21 in this situation by keeping all kinds of options open.. by this mentality, you bottomline at the end of the month will be fat if u stick to ur plan..

its true hard cold fact..
talk about being Abnormal... there u have it.....
thanks fx never a truer word spoken, & the more you practice the more you feel at ease with being in profit with a runner and resisting the urge to hit the panic button...
  • #11,562
  • Nov 24, 2009 2:16am Nov 24, 2009 2:16am
Quoting fxachilies
Mac.. you better at making money when you sleep.. lol ..

serious now.. thats a good plan and nice #1 exit..

I tell you what - you're right! If I'd been awake I would have bailed for a loss 2G+.

Sometimes leaving it alone ain't a bad idea!!!

I won't make a habit of that though. Very risky. Less speculation more a gamble.
Paid off this time - and nice start to Tuesday.

Thanks for all your lovely feedback man (and everyone else too) - makes such a difference.
$urvive, Pre$erve & RESPECT THE TEACHER
  • #11,563
  • Nov 24, 2009 2:19am Nov 24, 2009 2:19am
Attached Image
  • #11,564
  • Nov 24, 2009 2:24am Nov 24, 2009 2:24am
finally been kicked out with +8
  • #11,565
  • Nov 24, 2009 2:26am Nov 24, 2009 2:26am
Long 1.4916
You wont survive without preserving!!!
  • #11,566
  • Nov 24, 2009 2:28am Nov 24, 2009 2:28am
Long 4918 triggered fcr 1
Dance with the market .. I have two left feet
  • #11,567
  • Nov 24, 2009 2:32am Nov 24, 2009 2:32am
I am in too 4918
"Even a million miles journey starts with one single step"
  • #11,568
  • Nov 24, 2009 2:34am Nov 24, 2009 2:34am
Quoting janqie
I am in too 4918

Me 2 - makeout wid da fakeout
$urvive, Pre$erve & RESPECT THE TEACHER
  • #11,569
  • Nov 24, 2009 2:36am Nov 24, 2009 2:36am
Quoting mac1956
Me 2 - makeout wid da fakeout
yep
  • #11,570
  • Nov 24, 2009 2:39am Nov 24, 2009 2:39am
guys,please look at my chart,is it ok?
Attached Image
Money is made by sitting, not trading. Jesse L. Livermore
  • #11,571
  • Nov 24, 2009 2:41am Nov 24, 2009 2:41am
Quoting narberth
Long 4918 triggered fcr 1
out #2 - 15
Dance with the market .. I have two left feet
  • #11,572
  • Nov 24, 2009 2:42am Nov 24, 2009 2:42am
out -14
"Even a million miles journey starts with one single step"
  • #11,573
  • Nov 24, 2009 2:42am Nov 24, 2009 2:42am
Quoting sam69
guys,please look at my chart,is it ok?
I am playing exactly the same, but looking to get out now with minimum damage!
You wont survive without preserving!!!
  • #11,574
  • Nov 24, 2009 2:44am Nov 24, 2009 2:44am
Quoting sam69
guys,please look at my chart,is it ok?

Sam, looks OK to me. IMHO, and Fx will have better feedback than I do on teh matter) Your Sl might be a bit tight on the fcr and your entry may be a bit keen (+3 plus spread) especially with a deep retrace like this one.
$urvive, Pre$erve & RESPECT THE TEACHER
  • #11,575
  • Nov 24, 2009 2:45am Nov 24, 2009 2:45am
Quoting coronajazz
I am playing exactly the same, but looking to get out now with minimum damage!
corona,
we dont have to wait till sl hit?
Money is made by sitting, not trading. Jesse L. Livermore
  • #11,576
  • Nov 24, 2009 2:46am Nov 24, 2009 2:46am
Out with -6
You wont survive without preserving!!!
  • #11,577
  • Nov 24, 2009 2:48am Nov 24, 2009 2:48am
u see how i dont give in to the market... i cut all the bullshit feelings such as.. hope, wishe, pray, greed, fear.. all of them in one play... its like automatic..

I can afford to give away 5 of this in row and with one half ass runner be at breakeven or more.. so i keep my head above the water so i am around for the good days.. good trendish sessions when the loss play is a BE and the profitable plays are good for 30-40-50 minimum.. two runners in one day... preserve for 25... oh yaaaaaaaaaa.....

http://cdn.forexfactory.com/images/attach/gif.gif
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  • #11,578
  • Nov 24, 2009 2:51am Nov 24, 2009 2:51am
Quoting mac1956
Sam, looks OK to me. IMHO, and Fx will have better feedback than I do on teh matter) Your Sl might be a bit tight on the fcr and your entry may be a bit keen (+3 plus spread) especially with a deep retrace like this one.
thanks mac,my entry is at 17 wich is 5pips away from level line at 12,my spread (ibfx) is 2pips,so in this case i have my entry 3+spread and dim sayd to me in case of short we dont have to ad spread,do you mean sl should be 1/2pips below fcr?
Money is made by sitting, not trading. Jesse L. Livermore
  • #11,579
  • Nov 24, 2009 2:52am Nov 24, 2009 2:52am
out-4 #2
  • #11,580
  • Nov 24, 2009 2:53am Nov 24, 2009 2:53am
Few more bulls needed - let 'em run FREE - out BE and ready to go for the next one
$urvive, Pre$erve & RESPECT THE TEACHER
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