The System II (Yes with irony) | Page 621 | Forex Factory

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The System (Irony included) 1,175 replies

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The System II (Yes with irony)

  • #12,401
  • Dec 9, 2009 3:10am Dec 9, 2009 3:10am
just wondering if more experienced people will treat this as bracket 1.4690 to 1.4750 or use fcrs inside with first at 1.4718ish short

thanks

Chris
  • #12,402
  • Dec 9, 2009 3:15am Dec 9, 2009 3:15am
unlucky corona, i am also down to half ammo and a bit uncertain where to have next shot
  • #12,403
  • Dec 9, 2009 3:15am Dec 9, 2009 3:15am
Quoting Stoffer
just wondering if more experienced people will treat this as bracket 1.4690 to 1.4750 or use fcrs inside with first at 1.4718ish short

thanks

Chris
Personally I am looking for a break above 4750 or below 4690 But i am definitly a beginner
Dance with the market .. I have two left feet
  • #12,404
  • Dec 9, 2009 3:17am Dec 9, 2009 3:17am
long at 4755
Dance with the market .. I have two left feet
  • #12,405
  • Dec 9, 2009 3:37am Dec 9, 2009 3:37am
narbeth

you still in ?
  • #12,406
  • Dec 9, 2009 4:21am Dec 9, 2009 4:21am
Quoting Stoffer
narbeth

you still in ?
missed this but yes I thought the push through to 1.4760 + was very strong so I decided I would hold on to max of -15 so still long from 1.4755
Dance with the market .. I have two left feet
  • #12,407
  • Dec 9, 2009 4:24am Dec 9, 2009 4:24am
nice trade narberth

well done
  • #12,408
  • Dec 9, 2009 4:36am Dec 9, 2009 4:36am
Quoting Stoffer
nice trade narberth

well done
not taken a profit yet .... but stop @ be
Dance with the market .. I have two left feet
  • #12,409
  • Dec 9, 2009 4:40am Dec 9, 2009 4:40am
Quoting tubguy
The ugly fractals must stay though, as I am to lazy to fix my fonts.LOL I Am using Linux.
Hi Tubguy, sorry this is a bit late but perhaps my experience may be of interest.

When I first began trading this way I too put fractal indicators on my chart. To start with it seemed like a good idea but there are problems:

  1. Not all HH/LL's conform to a nice fractal rule and as a result it's possible to miss a good signal.
  2. More importantly they became a crutch that kept me separate from the way the price was moving.

When I got rid of them I started thinking instead about the PA and became much closer to the way the market moved.

IMHO if you lose the indicators and just draw a couple lines as FX and the others do you will be a better trader for it.

Too tired to argue. Too old to care.
  • #12,410
  • Dec 9, 2009 4:52am Dec 9, 2009 4:52am
morning guys. going short if pa breaks 47632.

Have been taking a step back from thread for a few days to clear my head. looking like a few others shld do the same before the thread becomes damaged and we loose FX again. Xmas round the corner, lets get some good spirit back in here.

Feb, hope the scans go well for you.
FX, you a legend. these people come and go. dont waste your energy on them

  • #12,411
  • Dec 9, 2009 5:01am Dec 9, 2009 5:01am
Quoting iak
FX, you a legend. these people come and go. dont waste your energy on them
Agree
Dance with the market .. I have two left feet
  • #12,412
  • Edited 5:15am Dec 9, 2009 5:12am | Edited 5:15am
Quoting narberth
not taken a profit yet .... but stop @ be
stopped at be

flat now short order at 1.4745 cancelled as got to go afk
Dance with the market .. I have two left feet
  • #12,413
  • Dec 9, 2009 5:30am Dec 9, 2009 5:30am
Short order at 1.4746 filled. Lets see.

I am down two sets, and defending a matchball.

Stick to DA PLAN.
You wont survive without preserving!!!
  • #12,414
  • Dec 9, 2009 5:44am Dec 9, 2009 5:44am
Short order at 1.4740
Dance with the market .. I have two left feet
  • #12,415
  • Dec 9, 2009 5:50am Dec 9, 2009 5:50am
also short order 1.4740

last shot

if it fails will get some air and go cycling


good luck all


Chris
  • #12,416
  • Dec 9, 2009 5:56am Dec 9, 2009 5:56am
Out -4 .
You wont survive without preserving!!!
  • #12,417
  • Dec 9, 2009 5:57am Dec 9, 2009 5:57am
Orders placed long at 4762 short 4740 lets see ....
Dance with the market .. I have two left feet
  • #12,418
  • Dec 9, 2009 6:22am Dec 9, 2009 6:22am
SL to BE at 1.47591. 1st hurdle over with.
  • #12,419
  • Dec 9, 2009 6:26am Dec 9, 2009 6:26am
Quoting narberth
Orders placed long at 4762 short 4740 lets see ....
Computer crashed came back on to see 4740 short triggered hit panic button and out at BE aware I panicked but I have never had the computer crash on me when I had a trade open before I am now making sure I have all broker phone numbers etc
Dance with the market .. I have two left feet
  • #12,420
  • Dec 9, 2009 6:28am Dec 9, 2009 6:28am
Quoting narberth
Computer crashed came back on to see 4740 short triggered hit panic button and out at BE aware I panicked but I have never had the computer crash on me when I had a trade open before I am now making sure I have all broker phone numbers etc
I get that sometimes with my wireless connection. can be a nervous few minutes!! my biggest problem is my 2 yr old pressing the power button on the computer! much muffled swearing involved lol!
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