The System II (Yes with irony)

1st order set for a BB. Ready to play 2G+

Lets see where we go....

thank you fx and feb. you two are the best.

i hope that this is not RIP for system II and that we will do our best to keep the flame burning ...

Well you guys migth not take me serious, cause i´m zero active here, but nontheless i read your post´s everyday, and i love it is the first thing i do when i come home from work, i don´t trade this method cause i haven´t time to baby sit my trades and i believe in is profitability just that i have few hours to be in front of screen so i trade a little of my expirience combined with some gold left by FEB AND FX...
And is not the charts you guys post that opened my little eyes (don´t take ME wrong they are great for learning) its the mindset FX AND FEB teached here what the most attracted me...
THESE ARE THE MORE IMPORTANT FOR ME:
-Make LOSING part of the game(feb)
-We can not control the Market, we can not guess where the Market will be in the next hours, minutes or even seconds the only thing we can CONTROL IS RISK(feb)
- Just be a trader not a watcher...(Fx)

Wich goes in line with this little text that i saved:

Quote

Disliked

The first big difference between professional traders and those that aspire to be pros’ is mind-set. The pro knows that over a particular period of time he is going to generally make money. He has a positive mind set, and understands that his risk to not making his money comes, not from having losses, but from not taking trades.

I bilieve that´s why Fx stresses so much to take every single oportunity that the market give us.
So i feel sad when i see people disturbing this space tryng to make others feeling bad mainly because they are jealous of others sucess and can´t replicate that i guess...

So to sumarize thank you all, and hope you do fine in your journey and i will continue reading this thread everyday as usual if you don´t mind...better be silent than an ass(my english sucks).

You know when it rains really heavily, like today here in my hometown, and the upcoming water creates a pool where the road is not quite flat, or there is a hole on the road. You are walking on the sidewalk when suddenly a car passes by and drives through the pool and makes you all wet. You know this situation.
The driver of that car may belong to one of this three groups of people.

1. People who see that you are walking, notice the pool but continue to drive the same speed or even speed up with intention to do you harm for their own amusement.

2. People who see that you are walking by the road, and notices the pool so they slow down in order to not do you harm.

3. People who didnt notice the pool, and or you, and drives with the same speed, but after they saw what they did (unintentionaly), they feel sorry and guilty about what they did. Now, some of the people that belong to this group would stop and check if you are ok or if there is anyway that they can help you, but most of them will just continue down the road, well for the most part not because they dont wanna help, but because they do not know what group of people you belong to.

People! Everybody has to show some tolerance. The bright side is that most of the people belong to groups 2 and 3. They are ok. Stop pointing fingers at each other and deciding your and the thread`s future just because of one stupid comment made, most probably without any intention of hurting somebody. For to clasify someone a troll (group 1 person), they have to consistently prove that by posting insults or fueling the fire . I am not saying they do not exist but one comment,is not enough. Most probably the person is sorry but to proud to appologise etc. (Also do not force someone to publicly appologise that is soooooo wrong).
But when it is proven, the biggest insult to them is to ignore them. Just let them post whatever they want, and we post our trades, charts, trading discussion etc, and guess what, they will evaporate, because of a simple reason - there is no fuel for their fire.


Just think about this. Tolerance! Until its proven! After that - ignorance, they do not exist.

P.S Sorry about the spelling ,I have switched off the spell check on my browser. Seems like spelling errors are our hallmark here

Took a while but 1st order hit. BB @ 4744. Play 2G+

Lets see if it gets past the first hurdle

So much for waiting for the PA to do the talking. I closed early @ 47585 'cause I chickened out. Took the 14.5 and will try much harder next time.

I can see and hear fx saying 'wait for it to develop'

Next time

This is to Mr. Paul Laghmam. After a careful analysis, it came to my attention that the information handed over to me about Mr. Paul is definitely faulty. I publicly apologize Mr. Paul Laghmam of any accusation from my part.

I also understand the reasons Mr. Paul stop posting here. That will be kept in private.

Paul, if you ever watch this post, the doors of this thread are open. I made a mistake based on a faulty information. I assure you it won't happen again. The post I made on that matter has been reported for clean up.

Thanks.

My long will be at 1.4748

hey Thenew
Qualify a swing, other than taking every single opportunity, I think that's a better choice.

Here is a post by Paul and feb.
It is about range trading and entry.
I read again and again, may be can enlight you too
Feb word in bold
Paul word in beetwen ++++


can't quote all the word, better see the post urself
page #726, post 10880

set trades....

long 4722
short 4693

set to go for breakout of a bb ply 2g+

missed the last trade from the short at 4723, looks like we should of gone out of that one to preserve profits using a #1, then look for the reenter... out of the current BB

Brilliant post!!! Quite brilliant.

Just - !!!

Ok so according the master FX this last trade i missed would of been a senerio #1 on the Amazing description we had a few weeks ago on the #1 play.... It looks like the market slow down after a nice 20 or so pip run went into some consolidation just before the london sess coming up. so..... i would of taken profit on the botom of that braket, maximizing my profit and now i currently have my trades set outside the BB ...

No dishonour to Fx here at all - his feelings are his feelings - he is a special guy. They fell out for their own reasons, and had a closer relationship than is evident through the thread. Fx knows I have always held that Paul might be a decent person who has been misinterpreted and that I saw no evidence that he was in anyway abusing the knowledge in this thread.

This is right Feb and honourable what you have done here - you have done a good thing. Paul Langham is a decent guy, a trader of years of experience and who helped me as a newbie to this method by his example and kindness. He is successful already his way and anyone reading his posts in the past will benefit from his self-reflective approach to his trading. Despite his experience he posted his mistakes as well as his successes. I also know that he has helped people with their trading out of the generosity of his heart too - sharing his own style and experience. He and Fx together were a great combination. He is not one of the trolls and not a fog maker - he's a serious trader and a good teacher in his own rite.

Originally Posted by coronajazz http://cdn.forexfactory.com/images/buttons/viewpost.gif
You know when it rains really heavily, like today here in my hometown, and the upcoming water creates a pool where the road is not quite flat, or there is a hole on the road. You are walking on the sidewalk when suddenly a car passes by and drives through the pool and makes you all wet. You know this situation.
The driver of that car may belong to one of this three groups of people.

1. People who see that you are walking, notice the pool but continue to drive the same speed or even speed up with intention to do you harm for their own amusement.

2....




YEa that cool guys...

in 4722 long 2g+

well im out BE.. anyone think i should of stayed in? and set he Sl just below the level line

That's a good reminder post Musanto, thanks

still in + moved stop 1.4722

this is hardest part for me atm not bailing too early but allowing enough breathing space for trade to develop