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The System II (Yes with irony)

  • #12,281
  • Dec 8, 2009 1:46am Dec 8, 2009 1:46am
Hi everybody,

I'm done with these whole 800 pages. I read this thread like some read a good novel: 3 days in a row. But it was worth it: there's so many valuable inputs here. That's awesome!

I threw away any of my indicators, EAs and others and I now follow Feb's principles and I really like it.

Thanks Feb, thank you all.
  • #12,282
  • Dec 8, 2009 1:54am Dec 8, 2009 1:54am
Same bro Out, -1
and
In short again at 11
  • #12,283
  • Dec 8, 2009 2:00am Dec 8, 2009 2:00am
There you go...
Attached Image (click to enlarge)
Click to Enlarge Name: continuation.gif Size: 27 KB
  • #12,284
  • Dec 8, 2009 2:04am Dec 8, 2009 2:04am
Elizo and Musanto!

I did something very similar to this, but I wonder how everyone else played it. I think that we did not play G+ properly, if we did we should of been in the original trade from 1.4817, because two things

1. The loss was not ever bigger than -9
2. It never broke up the candle that pierced back into the levelline.

Anyway reentered at 1.4810 and looking good so far.
You wont survive without preserving!!!
  • #12,285
  • Dec 8, 2009 2:10am Dec 8, 2009 2:10am
Hi all

newbie here, after open around 1.4820 moved stop to small fcr around 1.4832 , still in and playing #1

great thread

many thanks

Chris
  • #12,286
  • Dec 8, 2009 2:10am Dec 8, 2009 2:10am
Quoting coronajazz
Elizo and Musanto!

I did something very similar to this, but I wonder how everyone else played it. I think that we did not play G+ properly, if we did we should of been in the original trade from 1.4817, because two things

1. The loss was not ever bigger than -9
2. It never broke up the candle that pierced back into the levelline.

Anyway reentered at 1.4810 and looking good so far.
Corona,

#2G+ is designed to PROTECT you from adverse PA. Your loss may not even exist based on the way you play #2G+, it has not necessary to be -9 or more. As I mentioned, PA did not break on the downside and came back sharply above the line. This is about your tolerance, execution skills and so on, but you must asses whether to stay on the deal (based on what you select) or bail out with minor losses or BE. You say it never broke up the candle that pierced back into the levelline. That could be a must for you, but for me it was to stay alive, mentally strong and ready to shoot again. All this happened and now we are with a running trade alive and happy to be there, playing #1.
Hope I explained it properly. Let me know if you need more info.
  • #12,287
  • Dec 8, 2009 2:11am Dec 8, 2009 2:11am
well well well... nice market this week..

I hope u all did not miss this.. BB trade was a must and reenter was even a biger must trade..

nowwwwwwwww.. you are in scenario 3.. i would give this baby the reasonable time and room to manuver.. but will not settle for anything less than half or preferably 2/3 of the profit.. you do have a nice brearish go market.. but keep in mind that new session is inhand aswell..

coronajazz & elizo..
great observations.. G+ saves you more than it does harm to you, and your tollarance and matter of perference between giving away less than 5pips or give it to 15pips is entirely up to you but 15pips should be top..
but i tell u what will do u a big harm:
that is.. playing G+ without that reentery option..
like my buddy Macdaddy says: don't admire the G+ exit toomuch that end you up with losing a runner..


(guys my messanger is not working.. sometimes in my side of the world they decide for us when to use the messanger..)
  • #12,288
  • Dec 8, 2009 2:23am Dec 8, 2009 2:23am
my posts are still being moderated so not sure when this will appear

I hit the panic button after that big bounce from 1.4780 for +15 pips

thanks

Chris
  • #12,289
  • Dec 8, 2009 2:23am Dec 8, 2009 2:23am
Quoting coronajazz
Elizo and Musanto!

I did something very similar to this, but I wonder how everyone else played it. I think that we did not play G+ properly, if we did we should of been in the original trade from 1.4817, because two things

1. The loss was not ever bigger than -9
2. It never broke up the candle that pierced back into the levelline.

Anyway reentered at 1.4810 and looking good so far.
I'm not measure loss -9, as long as reentry point is clear,
I will seek the minimum loss I can ever get,
as long the price did not hit my stop loss

Attached Image (click to enlarge)
Click to Enlarge Name: des 8 1.gif Size: 11 KB


btw , stopped out at BE
oh my God we left 20 + pips on the table
  • #12,290
  • Dec 8, 2009 2:25am Dec 8, 2009 2:25am
Nasty turn. Stopped out BE.
You wont survive without preserving!!!
  • #12,291
  • Dec 8, 2009 2:38am Dec 8, 2009 2:38am
I hitched the ride from 1.4819 with original stop at 1.4845 and got stopped out at 1.4790, deploying 1M green bars aggressively to guide me.
  • #12,292
  • Dec 8, 2009 2:48am Dec 8, 2009 2:48am
nbvehrfr..

how did u do on this bearish ride?.. howmuch did u bank?

yep... lets hear it.. I am curious... bcz the rides are not always long lasting like yesterday.. so any game plan when market fuck with you?

I wonder if u banked 120pips out of 40pips ride.. lol..
ok.. just kidding..
  • #12,293
  • Dec 8, 2009 2:58am Dec 8, 2009 2:58am
special 4 fxachilies

+20pips
Attached Image


K.I.S.S.

Quoting fxachilies
nbvehrfr..

how did u do on this bearish ride?.. howmuch did u bank?

yep... lets hear it.. I am curious... bcz the rides are not always long lasting like yesterday.. so any game plan when market fuck with you?

I wonder if u banked 120pips out of 40pips ride.. lol..
ok.. just kidding..
  • #12,294
  • Edited 3:12am Dec 8, 2009 3:01am | Edited 3:12am
Quoting nbvehrfr
special 4 fxachilies

+20pips
My zigzag, my favourite,
ah.. not anymore,
this indicator missed many swing
been there done that many times,... shit

if ZigZag or fibo can give profit consistently
What in the world hold me to use it and shout loud to the member of this thread.
Why do you need to hit the wall ?
ah.. why I give a damn about you
  • #12,295
  • Dec 8, 2009 3:03am Dec 8, 2009 3:03am
Quoting nbvehrfr
special 4 fxachilies

+20pips
Attachment

K.I.S.S.
Only two things are infinite, the universe and human stupidity, and I'm not sure about the former.
Albert Einstein
  • #12,296
  • Dec 8, 2009 3:04am Dec 8, 2009 3:04am
You are messing with our leader... watch out

Read the whole thread! Then post something worthwhile.

Quoting nbvehrfr
special 4 fxachilies

+20pips
Attachment

K.I.S.S.
I follow THE PLAN to Survive & Preserve..
  • #12,297
  • Dec 8, 2009 3:05am Dec 8, 2009 3:05am
you think this trade is wrong? (by rules of first version of system II)?

please tell me why

Quoting elizo
Only two things are infinite, the universe and human stupidity, and I'm not sure about the former.
Albert Einstein
  • #12,298
  • Dec 8, 2009 3:07am Dec 8, 2009 3:07am
Quoting nbvehrfr
you think this trade is wrong? (by rules of first version of system II)?

please tell me why
Sorry, wrong question, wrong thread, wrong entity asking. Bye, bye.

Edit: please, don't feed the troll. Last time I do it, but as animals in the zoo, I love to see them jumping and twisting for a peanut.
  • #12,299
  • Dec 8, 2009 3:14am Dec 8, 2009 3:14am
Quoting nbvehrfr
special 4 fxachilies

+20pips
Attachment

K.I.S.S.
Good morning guys...

nbvehrfr....

You are so successful with your approach and "knowledge" , so make us a favor, and do not try to put any bad karma here.... start another different thread, if you are capable to keep it alive...
  • #12,300
  • Dec 8, 2009 3:15am Dec 8, 2009 3:15am
why are you so angry?
if rules of system on 800 pages is changed so that first 30 pages is not in context, may be it's time to start new thread with new system and new rules?
i think, i trade by rules of system II (described on first 30 pagess)
and trade successfully (but only two days, it is not a solid result)
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