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System 2 (AUD trading)

  • #521
  • Dec 2, 2009 8:14pm Dec 2, 2009 8:14pm
Quoting lastchance
Will participate in this thread if you will allow me. by the way, I was long at 1.9242, out at 9282. Tks
Welcome aboard mate. Can I ask why you went long at 42?
Leonardo Follower
  • #522
  • Dec 2, 2009 8:28pm Dec 2, 2009 8:28pm
Hi and welcome,

lets do it

Quoting lastchance
First time posting on this thread, but have followed it with great interest. Band of brothers is a favorite of mine also. The immense and atrocious situations these men were put through is unimaginable. I respect them wholeheartedly. War is the the worst side of mankind, but unfortunately sometimes necessary. Ennox, I have followed feb's thread from the beginning and read all of your post. I am in the same situation as you being on the east coast, going into work at 5:00am and off at 3:30pm. I cannot stay up 24 hrs a day and have no access to a...
Survive and Preserve
  • #523
  • Dec 2, 2009 8:56pm Dec 2, 2009 8:56pm
I have an order at 9299 for a long. Yes 9300 is a tough one to break but everything must break eventually...., will play a very hard #2g+ on the trade though.
Survive and Preserve
  • #524
  • Dec 2, 2009 9:14pm Dec 2, 2009 9:14pm
9300 is not breaking it seams.... hoo hum....

Quoting en0x
I have an order at 9299 for a long. Yes 9300 is a tough one to break but everything must break eventually...., will play a very hard #2g+ on the trade though.
Survive and Preserve
  • #525
  • Dec 2, 2009 9:19pm Dec 2, 2009 9:19pm
AUS/USD chart
Attached Image (click to enlarge)
Click to Enlarge Name: au1.gif Size: 26 KB
  • #526
  • Dec 2, 2009 9:19pm Dec 2, 2009 9:19pm
Ok this is what I hate price closed iside the level and then the next candle sits just at the level line - this time I closed for a -2 feel like I ripped myself of though with a possibility of a runner but the plan is the plan for a reason - I am trying to remember the last time price actually took off after it closed inside the level line. No where is the reenter 3 above the last candl high?
I make money anywhere in the world by taking orders
  • #527
  • Dec 2, 2009 9:48pm Dec 2, 2009 9:48pm
Quoting SedonaPipper
Ok this is what I hate price closed iside the level and then the next candle sits just at the level line - this time I closed for a -2 feel like I ripped myself of though with a possibility of a runner but the plan is the plan for a reason - I am trying to remember the last time price actually took off after it closed inside the level line. No where is the reenter 3 above the last candl high?
Hey Sedona,

On my chart the level line is at 9294, giving an entry price of 9299. The bar closed on the entry line after dipping only one pip below it. As FX points out to us, the market knows the level line, not where we enter. We should watch carefully as the price goes below the level line, and give it 3 pips room to move under this line.

Is that you saw on your chart?

cheers
testing the market
  • #528
  • Dec 2, 2009 10:15pm Dec 2, 2009 10:15pm
You did well, i didnt close it as wasnt at my desk. Important part of #2g+ is yo be there to trigger it


Quoting SedonaPipper
Ok this is what I hate price closed iside the level and then the next candle sits just at the level line - this time I closed for a -2 feel like I ripped myself of though with a possibility of a runner but the plan is the plan for a reason - I am trying to remember the last time price actually took off after it closed inside the level line. No where is the reenter 3 above the last candl high?
Survive and Preserve
  • #529
  • Dec 2, 2009 10:21pm Dec 2, 2009 10:21pm
Quoting John888
Hey Sedona,

On my chart the level line is at 9294, giving an entry price of 9299. The bar closed on the entry line after dipping only one pip below it. As FX points out to us, the market knows the level line, not where we enter. We should watch carefully as the price goes below the level line, and give it 3 pips room to move under this line.

Is that you saw on your chart?

cheers
Thanks for getting back to me

Sorry for the delay - wife had to see me at the moment I was going through my angst - and it couldn't wait - It could have been any time but the universe liked it to be at that time. - murphy's law. I am also not in this short trade -

my level line was 9296 - I took the higher high. Thank you for the 3 pip room, I usually give it room but it's nice to have a number for reference. The real question is the reentry part of the #2G - where do you reenter - new high or previous entry?
I make money anywhere in the world by taking orders
  • #530
  • Dec 2, 2009 11:24pm Dec 2, 2009 11:24pm
Anyways, closed this trade for -10
total today so far... 2 trades : +24 and -10

Running tally is well +14 but there is still an awefully large time left to trade

Quoting en0x
You did well, i didnt close it as wasnt at my desk. Important part of #2g+ is yo be there to trigger it
Survive and Preserve
  • #531
  • Dec 2, 2009 11:39pm Dec 2, 2009 11:39pm
Afternoon folks. Second trade for today - short @ 82
Leonardo Follower
  • #532
  • Dec 3, 2009 12:27am Dec 3, 2009 12:27am
Closed the short for a whopping -10...

Quoting shodd
Afternoon folks. Second trade for today - short @ 82
Survive and Preserve
  • #533
  • Dec 3, 2009 2:03am Dec 3, 2009 2:03am
I had a long in at 09296 ,. which triggered and hit TP of 21 while I was on the bus. Who says things arnt supposed to break
Quoting en0x
Closed the short for a whopping -10...
Survive and Preserve
  • #534
  • Dec 3, 2009 4:04pm Dec 3, 2009 4:04pm
price has been bumping at this level for 2 days lets see if it will break through today.
I make money anywhere in the world by taking orders
  • #535
  • Dec 3, 2009 4:54pm Dec 3, 2009 4:54pm
Morning my friends,

Remember tonight it NFP night, lets see if we can some cash before the big event

Paul, you gonna trade NFP tonight again mate?

Quoting SedonaPipper
price has been bumping at this level for 2 days lets see if it will break through today.
Survive and Preserve
  • #536
  • Dec 3, 2009 4:54pm Dec 3, 2009 4:54pm
Quoting SedonaPipper
price has been bumping at this level for 2 days lets see if it will break through today.
Good Morning All

Back early from my latest trip away. Looks like a nice 123 forming short
"Save your ass, then go for profit"
  • #537
  • Dec 3, 2009 4:57pm Dec 3, 2009 4:57pm
Quoting en0x

Paul, you gonna trade NFP tonight again mate?
Yes indeed !
"Save your ass, then go for profit"
  • #538
  • Dec 3, 2009 5:05pm Dec 3, 2009 5:05pm
Morning folks. Having platform issues this morning, so may not be trading today.
Leonardo Follower
  • #539
  • Dec 3, 2009 5:14pm Dec 3, 2009 5:14pm
you will be missed
I make money anywhere in the world by taking orders
  • #540
  • Dec 3, 2009 5:16pm Dec 3, 2009 5:16pm
Quoting Paul M
Looks like a nice 123 forming short
Make that a bracket
"Save your ass, then go for profit"
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