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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)

  • #11,661
  • Nov 24, 2009 7:07am Nov 24, 2009 7:07am
Quoting coronajazz
I played it exactly like this only got out with +19.

FX, ??? Your words here!!!

Ok Corona, i think i jsut tried to play it like you, just got out, protect the money! and will reenter if we break up.. howz that fx, come on guys im new to this but have been watching and reading alot!!! what do yo think?
  • #11,662
  • Nov 24, 2009 7:13am Nov 24, 2009 7:13am
Quoting Musanto
To see when the price try again,
imo, is to see the fcr like this.
it is now trying to go up again, not before.
yes i can see that now. moved too early. im sure i will get a feel for this. just a bit twitchy in this area at mo. when i give it room i lose loads. when i try and play it tighter i i find i have got out too early! i guess this is just the nature of the game and experience will get me there. thanks guys.
  • #11,663
  • Nov 24, 2009 7:15am Nov 24, 2009 7:15am
Short 1.4968. Lets see!!
You wont survive without preserving!!!
  • #11,664
  • Nov 24, 2009 7:17am Nov 24, 2009 7:17am
Quoting coronajazz
Short 1.4968. Lets see!!
with you there corona

Carefull at 1.30. red news coming for usd
  • #11,665
  • Nov 24, 2009 7:34am Nov 24, 2009 7:34am
Quoting Musanto
Dim, if you want to use #1 , I think it is a right step.
But what I don't get, why you choose #1 ?

For me I rather close my position half,
move my sl to BE + 1 and choose #2.
just my opinion

Oh-h-h-h!.... Can you please show this with picture at that current long trade??? For me to better understand...

thank you!
  • #11,666
  • Nov 24, 2009 7:34am Nov 24, 2009 7:34am
Out with -6 pips. Gotta go . See you all in 30 min.
You wont survive without preserving!!!
  • #11,667
  • Nov 24, 2009 7:35am Nov 24, 2009 7:35am
ok.. i got hung up on my own trades..
it looks like most of you preserved with #1 pretty nicely...
i got out my self on the 2nd bear candel... but u got another chance at the little 3rd red candel....

nice job guys... ur getting the hang of it
  • #11,668
  • Nov 24, 2009 7:37am Nov 24, 2009 7:37am
Quoting fxachilies
ok.. i got hung up on my own trades..
it looks like most of you preserved with #1 pretty nicely...
i got out my self on the 2nd bear candel... but u got another chance at the little 3rd red candel....

nice job guys... ur getting the hang of it
Thanks FX. #1 the hardest of the plays i wld say
  • #11,669
  • Nov 24, 2009 7:41am Nov 24, 2009 7:41am
YEs thanks!
  • #11,670
  • Nov 24, 2009 7:43am Nov 24, 2009 7:43am
out -6
  • #11,671
  • Nov 24, 2009 7:49am Nov 24, 2009 7:49am
Been out just got back found long from 1.4924 stopped out at 1.4968 +44 Now will try to get to grips with it again
Dance with the market .. I have two left feet
  • #11,672
  • Nov 24, 2009 7:49am Nov 24, 2009 7:49am
Quoting dim4ik42
Oh-h-h-h!.... Can you please show this with picture at that current long trade??? For me to better understand...

thank you!
I trade using oanda, for charting I use fx pro.
here is the alternate price to exit for #1 and #2
I myself for this trade don't use #1 or #2
closed half, moved sl to BE+x and let it ride or die

bro, ur English better than me also ur understanding,
I think u understand #1,#2 verywell

Attached Image (click to enlarge)
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  • #11,673
  • Nov 24, 2009 7:51am Nov 24, 2009 7:51am
Quoting fxachilies
ok.. i got hung up on my own trades..
it looks like most of you preserved with #1 pretty nicely...
i got out my self on the 2nd bear candel... but u got another chance at the little 3rd red candel....

nice job guys... ur getting the hang of it
My apologize,,,, but do you talk about that long trade at the end of London session?? And... can you Please, say me - how about my exit..... (I have a picture at post 11651... there with my exit)



Thanks!
  • #11,674
  • Nov 24, 2009 7:52am Nov 24, 2009 7:52am
I think Feb posts somewhere about catching the news anyone enter down at 4966
Dance with the market .. I have two left feet
  • #11,675
  • Nov 24, 2009 7:54am Nov 24, 2009 7:54am
Quoting Musanto
I trade using oanda, for charting I use fx pro.
here is the alternate price to exit for #1 and #2
I myself for this trade don't use #1 or #2
closed half, moved sl to BE+x and let it ride or die

bro, ur English better than me also ur understanding,
I think u understand #1,#2 verywell

Attachment
Thanks bro!!!!! Now it looks clear for me..... I understand your thoughts about this kind of exits! Thanks for picture....!!!!! And your english is well understandable!
  • #11,676
  • Edited 8:36am Nov 24, 2009 8:13am | Edited 8:36am
Long 1.4993 or short 1.4970 will close if not filled 30 min before news
Closed orders wait for news
Dance with the market .. I have two left feet
  • #11,677
  • Nov 24, 2009 8:21am Nov 24, 2009 8:21am
Quoting narberth
Long 1.4993 or short 1.4970 will close if not filled 30 min before news
ya,same points for me but orders not set because news!!! watch out guys!!!
Money is made by sitting, not trading. Jesse L. Livermore
  • #11,678
  • Nov 24, 2009 8:25am Nov 24, 2009 8:25am
I am short 1.4970. I have to trade the news. I am learning to trade this system so my position size is really small, hard stop (rarely got hit) only 0.3-0.5 % of my account. Got to learn what news to trade and what to avoid for when I increase position size!
You wont survive without preserving!!!
  • #11,679
  • Nov 24, 2009 8:52am Nov 24, 2009 8:52am
Out +18 with a reentry option bellow 1.4950. My broker`s gonna love me today guys.
You wont survive without preserving!!!
  • #11,680
  • Nov 24, 2009 9:12am Nov 24, 2009 9:12am
Nasty moves. Sure gonna avoid this one (Consumer confidence).

Where is everyone?
You wont survive without preserving!!!
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