The System II (Yes with irony) | Page 601 | 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)

  • #12,001
  • Dec 1, 2009 3:03am Dec 1, 2009 3:03am
Quoting janqie
Out +14 becouse of FEAR
"Even a million miles journey starts with one single step"
  • #12,002
  • Dec 1, 2009 3:06am Dec 1, 2009 3:06am
Quoting janqie
Now, next time you are afraid of... leaving money on the table? Remember what happened today... Use your missed pips as payment for private lessons: you and the market.

Come on, the day has just started.
  • #12,003
  • Dec 1, 2009 3:16am Dec 1, 2009 3:16am
guys i got to go to my cousins wedding today.. so I am done for the day.. i was fortunate to get +43 out of this alive market today, for only working half the day..

listen... u got a go market today.. it can't get better than this.. take max advantage so it will make up for shit days like yesterday..

you got elizo and Jplo to help you if u need help and u got rest of your brothers.

guys send ur wishes to macdaddy.. I think he is still resting due to his recent shoulder opration..
i hope ur doing well macdaddy.. get planty of rest buddy.


ok take care guys..
  • #12,004
  • Dec 1, 2009 3:17am Dec 1, 2009 3:17am
Fx

I am sorry. Maybe I am a pain in the... But on your reply to Dims post 11992, the place where he shows that FCR at 5042 for moving a stop there from the long trade, you reply that it is not a valid FCR. I too would move my stop there, especially after such a big gain as in this trade. Why would it need any more room?

Oh, hes gone. Jplo, elizo?

Sorry!
You wont survive without preserving!!!
  • #12,005
  • Dec 1, 2009 3:22am Dec 1, 2009 3:22am
Quoting elizo
Now, next time you are afraid of... leaving money on the table? Remember what happened today... Use your missed pips as payment for private lessons: you and the market.

Come on, the day has just started.
Thanks man youre right
"Even a million miles journey starts with one single step"
  • #12,006
  • Dec 1, 2009 3:23am Dec 1, 2009 3:23am
Quoting fxachilies
there is no fcr there.. its a hallucination of one..


this what got u to get into toomany extra trades yesterday..
so read my lastnight post to you again and again and again..

it looks to me now.... that I do not understand our entry set ups for now... no more understand...
... and no set ups at all...

i need something to do with this... I become may be crazy....
  • #12,007
  • Dec 1, 2009 3:44am Dec 1, 2009 3:44am
Quoting dim4ik42
it looks to me now.... that I do not understand our entry set ups for now... no more understand...
... and no set ups at all...

i need something to do with this... I become may be crazy....

Hi Dim,

That area looks to be like a retracement. Why do you classify as FCR?
  • #12,008
  • Dec 1, 2009 3:45am Dec 1, 2009 3:45am
I watching this FCR ... and have an order to go short at 1.5058.
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  • #12,009
  • Dec 1, 2009 3:46am Dec 1, 2009 3:46am
Quoting coronajazz
Fx

I am sorry. Maybe I am a pain in the... But on your reply to Dims post 11992, the place where he shows that FCR at 5042 for moving a stop there from the long trade, you reply that it is not a valid FCR. I too would move my stop there, especially after such a big gain as in this trade. Why would it need any more room?

Oh, hes gone. Jplo, elizo?

Sorry!
This is not an FCR but part of the retrace after the 1st swing and breakthru. We are still looking at it to develope, playing #1. Our point here is STILL the line that we have drawn to set our entry... remember, looking at it to test if it breaks that line back... it did not and exploded on the upside.

Hope it helps...
  • #12,010
  • Dec 1, 2009 3:47am Dec 1, 2009 3:47am
Quoting DesertFX
I watching this FCR ... and have an order to go short at 1.5058.
Just gone short ... FCR1 so playing #2.
  • #12,011
  • Dec 1, 2009 3:48am Dec 1, 2009 3:48am
Quoting dim4ik42
it looks to me now.... that I do not understand our entry set ups for now... no more understand...
... and no set ups at all...

i need something to do with this... I become may be crazy....
Dim, take a look at this link for clarifying yourself...

http://www.forexfactory.com/showpost...postcount=9726
  • #12,012
  • Dec 1, 2009 3:49am Dec 1, 2009 3:49am
Quoting DesertFX
Just gone short ... FCR1 so playing #2.
with you on this short @ 58...

  • #12,013
  • Dec 1, 2009 3:50am Dec 1, 2009 3:50am
short 58 also
  • #12,014
  • Dec 1, 2009 3:52am Dec 1, 2009 3:52am
We are all shorting this at 58
  • #12,015
  • Dec 1, 2009 3:55am Dec 1, 2009 3:55am
Quoting DesertFX
Just gone short ... FCR1 so playing #2.
Fakeout. Playing #2
  • #12,016
  • Dec 1, 2009 4:04am Dec 1, 2009 4:04am
hhhmmmm, stuck on the level line. i be back in a minute. just gunna go stamp on its fingers so it takes a fall
  • #12,017
  • Dec 1, 2009 4:04am Dec 1, 2009 4:04am
Quoting elizo
This is not an FCR but part of the retrace after the 1st swing and breakthru. We are still looking at it to develope, playing #1. Our point here is STILL the line that we have drawn to set our entry... remember, looking at it to test if it breaks that line back... it did not and exploded on the upside.

Hope it helps...
Thanks elizo!

I think I got it. But I will put it in my words here and please add just one your comment to see if I am on a right page.

So I am in a long trade and it shoots +25 pips for a semi fakeout. Then it starts to fall down slowly to +22, 20, 15, 12 and it stalls. Now this (+12) is not a fcr until the price goes back close to the peak (+25) giving me oportunity to play #1 (close it or let it go through whatever is in line with the expectancy). It is now, since I had my chance to play #1 (market went up to the peak level), that the low (at +12 pips) becomes a FCR, suitable for moving my stop to it or even reversing the trade.

Am I right?

Everybody is welcomed to put a comment here.
You wont survive without preserving!!!
  • #12,018
  • Dec 1, 2009 4:06am Dec 1, 2009 4:06am
me too
"Even a million miles journey starts with one single step"
  • #12,019
  • Dec 1, 2009 4:07am Dec 1, 2009 4:07am
Quoting janqie
Fakeout. Playing #2
me too
"Even a million miles journey starts with one single step"
  • #12,020
  • Dec 1, 2009 4:12am Dec 1, 2009 4:12am
to bail or not to bail! what are peoples thoughts?
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