The System (Irony included)

Are we flying to the moon?

good idea.. but when you involved in a trade with emotion and psichology.. you lose. Trust me.

im getting better and better trading the h1 charts
this one is a short eurusd 1.4021
i wait for this candle to close then i trail the stoploss above the high 1.3975

Nice chanell, nice S/R lines, like in FX books

I've finished reading the System I and had made a compilation of the very important notes regarding this system from 1st page till the last. While reading I also practice with my real account, using Feb's method System I. By criticizing about my entry,SL and TP only then I can become better.

I learnt System II as well and it was too fast and too furious for me (5 min scalping) so I become so stressful because sitting in front of the computer for many hours.

At the same time, I feel this thread shoudn't be dying. I hope to contribute what the author had preached. Feb has passed the good karma so do I.

If I've made mistake, I sincerely thanks you for highlighting out.
I pledge will not peek into other system anymore. I've found a home here.

Hi
Can you please explain your entry?
The second bar did not break below the first bar.
Thanks.

the novice
"Can you please explain your entry?
The second bar did not break below the first bar.
Thanks. "
..................................................................................
Hello Novice,
I'll try to answer since this thread is rather quiet.
Please see this quote by Feb.
"let me explain
let's say the higher high the day before was broken. Most likely ( you will never hear me say "always" or "definitely") the market is looking to resume the trend. Let's say the high was taken @ 1.4450..well I will get down on 4 hour charts looking for 1.4430 or better to go long..."
Here is the single post by Feb
http://www.forexfactory.com/showpost...1&postcount=25
.................................................................................
1. Upon identify trend(down trend for EURUSD) and
2. see a V formation
3. Lower low the day before was broken, get down to one lower TF to short.
Probably MJ enter the trade.
Hope this is the explanation.

Hi Megara

My question arose because the bar next to the highest (the apex of the V) did not break the low of it.
I had the impression that the high and low should be broken, then go down lower TF to search for a better price.

Anyway, MJ has pm me his reply.

I have tried this method several times as it looked promising.
But got stopped out those few times.

Hope you have better luck.

Thanks.

Hello Novice
Me too got stop out initially. Bcs after days of waiting, some trades move against me and I hate it so much. But I read and practice System I and have faith in this method.

My patience has paid off.
Will post again.

Feb's advice: "Lick Your Wound and Start Preying"

Can you attach your picture. So we can share and discuss

They key for my success in life, generally speaking, lies in the process of doing things. This will sound complicated but if you think long and deep you’ll catch my drift. When I was a kid , there’s one forbidden phrase in my house “ I can’t do it” You have no idea how many slaps I got in my face because of that. Eventually I bite my tongue. I have to literally bleed in order for my father to help me out with any situation. Yes, I bled a couple of times doing stuff that I really don’t fell comfortable talking about. I brought this mentality to my professional and personal life.

Was my daddy a bad guy? No way!! I can’t thank him enough to show me this way…

On this, I learned the following:

Results are irrelevant…really, trust me it works that way. Here’s some food for your brain.

People play the lottery with the idea to pick the winning numbers…sounds logical right?

They cross the fingers “hoping” to get it right this time…” I wish I get the winning numbers” They talk about “the numbers” like if they are already made. Like if someone already decided what the numbers will be…wrong!!!…that’s up in the air.


Some traders too focused on catching the wave in x direction, like if that was already decided….”the market is long/short etc…….see, I really don’t care on what direction the market ***should**move. My only concern is ONLY to be there when the opportunity knocks…that IS the process….which is more relevant than the results….

The process of doing things will mold the results sooner or later. I can’t explain this in simple words because this is one instance in what you must do the walkin, I really can do it for you. But as long as you get stuck in the middle trying to get results AKA winners, you will be crippling the process of doing, which is where you need to put ALL your effort.

When I trade, I win every time, even if the outcome is negative…why???. The gap between the two(process and results) will grow closer and closer to the point that you will come ahead every month and trading will be…what’s the word????? Boring…

I am not intending to impose my beliefs or preach religion etc. I do believe in frequency, vibration, light, the law of attraction and interaction within the universe.. I believe humanity complicate things too much. It is simple, there’s no other way to put it.

I will probably sound arrogant but here I go: When I started trading I knew I was going to be successful. I told my mentor that I was gonna be succesful. He rolled his eyes but after a couple of years he realized I was right. Here’s what I did:

I didn’t wish to be the best. That wouldn’t be right. You don’t have to beg, you just simply have to go thru the process. I knew that my process would not be an easy one, but I saw the whole picture: Process and results. But as I began trading, focusing on results faded away and I submerge entirely in the process.


Everytime you “wish” for something, you’re simply begging. Nobody is gonna give ya something for nothing. So the effect will be a whole bunch of people (who are actually doing the process) stepping on your toes…and probably on your head if you’re on the floor.

I mastered the process. I learned valuable lessons via the process. Then I became successful.

In this game, whoever is numero uno won’t stay at the top for long. Very soon, they crash and burn. The idea is to stay at the middle, enough to make a living and save some cash.

My daily routine

My guide are my hands. Every morning (no exceptions) I close my eyes for a while, and I touch my hands gently looking to feel the softness. I get in contact with myself before anything. I drink a full glass of water as soon as I wake up – no exceptions. I meditate . Simple stuff. I don’t pray , I just look within myself.

Whenever I sit in front of the screen, I make sure is me in 100% because I know the task at hand will put me in the risk of a total drainage.

I will not tell you that it woks like I just discovered gold or something. I know it works magically for me. But it’s important for you to be 100% when you do something. If not you’ll be screwed most likely.

Trading is one of the most difficult jobs in the whole world. Put a lot of stress in your heart. But if you choose to get this business going, you must know, in top of everything that losing is not bad. Is like breathing to life. Take another perspective and embraced. Once you conquer the cookie monster, trading just become a walk in the park

This is most likely my last post(s) in this forum. Everything come to pass and my postings are not an exception. I sincerely thanks everyone who contributed to the thread(s). I sincerely hope for you all the best and I am honored to help so many people in this site.

I will stick around for a couple of days. just in case someone have a question. Then I’ll move on.

Who knows I might comeback one day.

Good Karma.

Thanks for the kind words - it was a true honor helping you guys out.

Jplo - my health is fine - better than ever.

Treasure the good things. Keep in mind that this game is not for everyone but you guys are already in the ring so there's no other way to go but up. Give the good fight and master the craft.

I'll be around until sunday May 2 2010.

My PM is flooded so please bear with me until I clear (and reply) some of the messages up - I promise I will keep them on a file here at my computer.

Man, you just keep coming through the ether with wisdom - depth and authenticity born of the hard road. I am doing my day job right now and loving every minute of it, but it means I trade now and then when I can. I met you less than a year ago, and that encounter has changed me, changed my life, changed my relationship to winning and losing. How few encounters can I say that about. It isn't about making money - I am good at that - it is however about the self I have had to encounter as I fought the demons that came thick and fast attached to my fear of loss and my greed for gain. You epitomise balance...the commitment to the journey for the sake of the journey, mastering the moment, embuing all of now with all of who you are, lending all of yourself to it. I get it - and feel this way more and more whatever I do and am conscious of when I lose touch with it. Now this sounds a bit pretentious when I read it back to myself. But I figure that you know what I mean Feb. You are a philosopher, and what you have given to the world I have fed off and grown gloriously fat - pleasantly rounded - and this has infected everything for the better. I thank you so much. Although I have been out of circulation on the thread and the BR, I feel the power of the family you made room for and poured yourself into daily - so much richer for it. I wish you well my dear man.

Hey mcaddy ! nice to hear from you.

I am humble I could help in your trading. Always happy to help. I see that you're on your job and lovin it. No problem with that. I hope for you nothing but the best and my love and blessing to you and your wife...

Feb,
Thank you.

It is really heartening to return to this thread after so long and see how it has progressed in the couple of years since I last posted. Feb has indeed provided you all with much wisdom and guidance but, more importantly, he has done it from a position of love. I echo the thanks already passed to him.

I have also dragged up an old ramble of mine that I'd wish people to consider regularly.

Kind regards and profitable trading,

O N D

feb, Thanks and take care.

As per request of some friends I have here, I am going to post possibly today answers about some issues, concerns and maybe I'll throw some tips here and there.

Stick around. I'll post this afternoon.

Good Karma..

Hi Feb,

Welcome back. Look forward to your invaluable posts again.

G'day Feb,
I'm so happy to see your comeback to this thread and ForexFactory,
how is your health? ... I hope you're recovering O.K.
Darek