The System II (Yes with irony) | Page 649 | 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)

  • #12,961
  • Jan 7, 2010 4:00am Jan 7, 2010 4:00am
Quoting dim4ik42
Did test this death reversal with you too... Exit at the red-down-speed-train-candle.... G+... Yeah! The most sexy exit lol... although for the fcr 1 enter we have to apply #2 exit I did apply G+ here because of the speed down...

well done...

notice guys.. thats where traders expectancy skill comes in and makes the difference.. screen time and practise will sharpen up that skill for you.. there is no magic too it..
dimite, is a long member of our thread and a hard worker.. he is got plenty of trades under his belts.. and now he enjoys the results...

nice job brother Dimitre..

Ps) i am short by the way from below 58 area..
now, we call that what guys?... ohhhhhhhhhhh ya baby.. its our:

IF and THEN..

all about the plan nothing but the plan..
  • #12,962
  • Jan 7, 2010 4:00am Jan 7, 2010 4:00am
Just enter short at breakout. Let's see what'll happen...

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  • #12,963
  • Jan 7, 2010 4:07am Jan 7, 2010 4:07am
With you guys in the short below 58...

Got out of previous long with g+ exit....for -8...like the new word,"red-down-speed-train-candle!!

Quoting fxachilies
well done......
I follow THE PLAN to Survive & Preserve..
  • #12,964
  • Jan 7, 2010 4:08am Jan 7, 2010 4:08am
ok, here is that if and then play.. lets see what happens again..

i got to confess has not been very nice too us so far.. fakeout city.. and we are approaching the usuall low liquidity period of london session.. so if this one don't pan out.. i will give it a rest till hour before NY session..


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  • #12,965
  • Jan 7, 2010 4:12am Jan 7, 2010 4:12am
Quoting fmarcia
Just enter short at breakout. Let's see what'll happen...

Attachment
Highly agree of this trade, i have set my tp at 1.4295, we will see it hitted soon..
  • #12,966
  • Jan 7, 2010 4:21am Jan 7, 2010 4:21am
Quoting TipTop
Highly agree of this trade, i have set my tp at 1.4295, we will see it hitted soon..

quote: we will see it hitted soon..


wow.. not only a prediction but with a time scale on top of it..

we don't mind to hear about your inside information since you sound so certain..

lol.
  • #12,967
  • Jan 7, 2010 4:37am Jan 7, 2010 4:37am
Quoting fxachilies
well done......
Thanks for Your so warm words to me, brother!

So - your words tell me, that I am on the right path. I will keep it on!
  • #12,968
  • Jan 7, 2010 4:45am Jan 7, 2010 4:45am
Hi guys, coming back slowly from Holidays... but starting to come to see all the class mates around. Big party last night...

A little bit of hangover here... so I don't think I'll be very active, but I can see FX working as usual, helping people.

I'm going for another big bottle of water...
  • #12,969
  • Jan 7, 2010 5:02am Jan 7, 2010 5:02am
ok.. i froze this picture here.. watch the grey box..

if i get a bounce of the LL line.. i just leave the trade and see if it will really turn into a deep consolidation inside the bracket since is inside the 1st hurdel within 20-25 pips (scenario1 of offencive #1ply)..

now if it breaks the LL, i watch and see how strong is it.. if it WB & WR (weak break/resume) then i go ahead and bank around LL line if price is creeping back inside the bracket..


I hope it helps..
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  • #12,970
  • Jan 7, 2010 5:25am Jan 7, 2010 5:25am
u can either bank for about 10pips profit.. or u can bring ur sl to BE and just let it be..
but i am going to bank.. specially at this time of london session..

this has been a not so good session.. i went.. -9/-8/ +10 on this so -7 for the session.. not too bad considering the awfull dizzy PA..

ok.. i need to get away from the screen.. lol


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  • #12,971
  • Jan 7, 2010 6:26am Jan 7, 2010 6:26am
Very nasty day for now..... Price is willing to go nowhere.... Like Fxa says - fakeout city.

But - let's be more optimistic!

These kind of days - is the field for training our defensive plays!!!!

The more fakeouts we will have, the more close we will be to our runner!!!!!


Good trades to everybody!
  • #12,972
  • Jan 7, 2010 7:17am Jan 7, 2010 7:17am
Looks like a nice strong break for the US session tonight, trigger finger ready , news out in 15m



edit: out +7
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  • #12,973
  • Jan 7, 2010 8:14am Jan 7, 2010 8:14am
wait for trigger from classic 123 set up for long position from 1.4341
  • #12,974
  • Jan 7, 2010 8:24am Jan 7, 2010 8:24am
Quoting dim4ik42
wait for trigger from classic 123 set up for long position from 1.4341
I'm in,
long at 1.4343
Let's see
  • #12,975
  • Jan 7, 2010 8:37am Jan 7, 2010 8:37am
Quoting MasterElf1
So are these just plain lines you have dropped on your chart or are you using some EA or something?
Hi Masterelf1,no this isn't an EA,they are lines that you work yourself,but hey too magical for some people.
  • #12,976
  • Jan 7, 2010 8:45am Jan 7, 2010 8:45am
[quote=rtx;3346450]ALL IN ONE


Everyone who is interested in this thread, same like i was, will need to read some posts and instructions. Please allow me make it all in one in this post with clickable links.

1st ----------> read first 50 pages of this thread /recommended/

2nd ----------> After then, you should check post 11847
http://www.forexfactory.com/showpost...ostcount=11847

3rd ----------> Fxachilies advice is read this post 4734
http://www.forexfactory.com/showpost...postcount=4734

read this post, after reading ! you will be adviced read these posts, in this order ! ...

4th ----------> 123, one step out of time
http://www.forexfactory.com/showpost...postcount=4538

5th ----------> valuable advices from davidb
http://www.forexfactory.com/showpost...postcount=4613

6th ----------> Threads missions by Fxachilies
http://www.forexfactory.com/showpost...postcount=1324

7th ----------> expectancy bible by feb
http://www.forexfactory.com/showpost...&postcount=538

8th ----------> Success formula /Fxachilies/
http://www.forexfactory.com/showpost...postcount=4326

9th ----------> Fcr introduction /Fxachilies/
http://www.forexfactory.com/showpost...postcount=3420

10th ---------> #1&2 explanation /Fxachilies/
http://www.forexfactory.com/showpost...postcount=4219


Thanks so much rtx.Strikes me this is what everybody should refer to when looking at this strat.Many thanks again.
  • #12,977
  • Jan 7, 2010 8:51am Jan 7, 2010 8:51am
out -11
  • #12,978
  • Edited 10:06am Jan 7, 2010 9:03am | Edited 10:06am
Short now @1.43338. Not sure if it's a FCR though
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...
Edit: close at break even. Got a lot of work on my exits yet...
  • #12,979
  • Jan 7, 2010 9:13am Jan 7, 2010 9:13am
Quoting fxachilies
quote: we will see it hitted soon..


wow.. not only a prediction but with a time scale on top of it..

we don't mind to hear about your inside information since you sound so certain..

lol.
Just to have a little fun - I give TIPTOP an A for his prediction - all that was missing was a definition of a "little time."
I make money anywhere in the world by taking orders
  • #12,980
  • Jan 7, 2010 9:15am Jan 7, 2010 9:15am
Quoting podgy


Thanks so much rtx.Strikes me this is what everybody should refer to when looking at this strat.Many thanks again.

Youre welcome its updated now little bit, but anytime you and all of you would think there is something missing pm me and ill be glad add that there.
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