The System II (Yes with irony) | Page 634 | 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)

  • #12,661
  • Dec 14, 2009 10:45am Dec 14, 2009 10:45am
Quoting feb2865
not recommended....the noise is some how different...
thank u for clearing this
  • #12,662
  • Dec 14, 2009 10:46am Dec 14, 2009 10:46am
Not the most exciting of days. However, it does make me realise that knowing when not to trade is just as important as knowing when to trade.
  • #12,663
  • Dec 14, 2009 4:39pm Dec 14, 2009 4:39pm
Quoting ready
Not the most exciting of days. However, it does make me realise that knowing when not to trade is just as important as knowing when to trade.

Really important point Ready.
$urvive, Pre$erve & RESPECT THE TEACHER
  • #12,664
  • Dec 15, 2009 1:21am Dec 15, 2009 1:21am
good morning all

will be having a shot today but not smack in the middle of this chop monster!
  • #12,665
  • Dec 15, 2009 1:37am Dec 15, 2009 1:37am
Good morning everyone!


I ll go short if it brakes bellow the low. Short order at 1.4628. My hard stop is going to be above 1.4650, and will play #2 (although it is a little bit wide, around 25 pips).
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You wont survive without preserving!!!
  • #12,666
  • Dec 15, 2009 1:48am Dec 15, 2009 1:48am
Shorted 1.4626
You wont survive without preserving!!!
  • #12,667
  • Dec 15, 2009 1:58am Dec 15, 2009 1:58am
good morning guys same short.lets se how it developes
"Even a million miles journey starts with one single step"
  • #12,668
  • Dec 15, 2009 2:17am Dec 15, 2009 2:17am
still in
"Even a million miles journey starts with one single step"
  • #12,669
  • Dec 15, 2009 2:23am Dec 15, 2009 2:23am
well done guys

still working on my discipline, woulda, coulda, shouda

i will never give up!
  • #12,670
  • Dec 15, 2009 2:34am Dec 15, 2009 2:34am
Locking in 45 pips now. And playing #1 if awarded.
You wont survive without preserving!!!
  • #12,671
  • Dec 15, 2009 2:48am Dec 15, 2009 2:48am
got out at 4561
  • #12,672
  • Dec 15, 2009 2:53am Dec 15, 2009 2:53am
For those of you who are still holding... well done! Now wait for a new test to the lows... if it acts funny, stalls or whatever, bank at maximum possible. No need to say that you must not allow the price to go further up than the first FCR formed.

Enjoy the juicy one!
  • #12,673
  • Dec 15, 2009 2:54am Dec 15, 2009 2:54am
i get ou healf lots and stay with the rest Break even. Nice Trade!

Regards
  • #12,674
  • Dec 15, 2009 3:02am Dec 15, 2009 3:02am
Quoting elizo
For those of you who are still holding... well done! Now wait for a new test to the lows... if it acts funny, stalls or whatever, bank at maximum possible. No need to say that you must not allow the price to go further up than the first FCR formed.

Enjoy the juicy one!
Thank you Elizo.

Your words are always real encouragement, especially In FX`s absence. Please repeat this sentence ALWAYS we are in such a move.
You wont survive without preserving!!!
  • #12,675
  • Dec 15, 2009 3:34am Dec 15, 2009 3:34am
Still in this trade. Stop moved to 1.4580 But I will get out if it closes above the new levelline.
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You wont survive without preserving!!!
  • #12,676
  • Dec 15, 2009 4:14am Dec 15, 2009 4:14am
Out of the short trade with +88 on the failure of the new low. Picture perfect #1 I think.
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You wont survive without preserving!!!
  • #12,677
  • Dec 15, 2009 4:18am Dec 15, 2009 4:18am
Quoting coronajazz
Still in this trade. Stop moved to 1.4580 But I will get out if it closes above the new levelline.
Outstanding, Corona. Now, keep playing that way and be even more demanding to PA to behave accordingly. You are in the SUPER-RUNNER territory and you must bank properly.

Again, the hard SL is just the last security cord. Unless a sudden spike happens, you should be able to asses what PA is doing and hold the trade or bank at maximum.

Well done.
  • #12,678
  • Dec 15, 2009 4:18am Dec 15, 2009 4:18am
Quoting coronajazz
Out of the short trade with +88 on the failure of the new low. Picture perfect #1 I think.
Perfect, yes indeed.
  • #12,679
  • Dec 15, 2009 4:30am Dec 15, 2009 4:30am
Quoting coronajazz
Out of the short trade with +88 on the failure of the new low. Picture perfect #1 I think.
Good managment Corona, very very good one....

Congrats to all who could take this cake... LOL
  • #12,680
  • Dec 15, 2009 4:43am Dec 15, 2009 4:43am
Thank you guys!

But I must say Mr.Market was generous in providing opportunities too. So much easier to manage a trade when he is in the mood.
You wont survive without preserving!!!
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