The System II (Yes with irony) | Page 665 | 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)

  • #13,281
  • Jan 15, 2010 3:47am Jan 15, 2010 3:47am
now i moved my sl 1 pip below 10:45am candle, is this a correct interpretation of #2 ???
  • #13,282
  • Jan 15, 2010 3:49am Jan 15, 2010 3:49am
Quoting Bakuli
Hope you get better soon. Try my Irish wife's cure whenever I have a cold/flu - Mix about 10 cloves, 4 big heaps (teaspoon) of sugar, a double shot of whisky and some hot water in a mug. Drink it while hot and just wrap up well. Works for me each time (I think it's the whisky, lol).

Whisky was all u had to say.. lol.. I am popping the bottle..
thanks brother.
  • #13,283
  • Jan 15, 2010 3:49am Jan 15, 2010 3:49am
Quoting bubola
now i moved my sl 1 pip below 10:45am candle, is this a correct interpretation of #2 ???
This is part of G+ tactic I think.

Please anyone correct me if I am wrong.

And it is not 1 pip. At least 3 pips.
You wont survive without preserving!!!
  • #13,284
  • Jan 15, 2010 3:50am Jan 15, 2010 3:50am
Quoting elizo
Actually not. It's a 123s. What's the appropiate defence on this setup?
Ok thanks Elizo. I will go over the set-ups again later to get the names right. I am playing #2 with my long trade. Price is hovering around my trigger line now. Iwill just give it just a little while longer before I pull the trigger to close it if it doesn't break upwards with momentum.
  • #13,285
  • Jan 15, 2010 3:51am Jan 15, 2010 3:51am
Quoting coronajazz
This is part of G+ tactic I think.

Please anyone correct me if I am wrong.

And it is not 1 pip. At least 3 pips.
i haven't been able to find the post about G+ tactics yet
  • #13,286
  • Jan 15, 2010 3:52am Jan 15, 2010 3:52am
Quoting fxachilies
Whisky was all u had to say.. lol.. I am popping the bottle..
thanks brother.
Lol, single malt I presume.
  • #13,287
  • Jan 15, 2010 3:52am Jan 15, 2010 3:52am
SL still at 4399. Continue working #2. If it breaks the 1st hurdle will move the Sl to 4407

There we go....?
  • #13,288
  • Jan 15, 2010 3:54am Jan 15, 2010 3:54am
Quoting bubola
now i moved my sl 1 pip below 10:45am candle, is this a correct interpretation of #2 ???
not quite..

learn to be crafty and not us set sl toomuch.. watch the speed and rhythum of the price.. sl still should be below the other side of retrace.. around 98 like Jazz said.. we need a longer break away from the LV before thinking about moving sl closer or perhaps to 5 pips lower than LV... price needs some manuver time..
but.. overall this moveing like turtel.. lets see what happens..


lunch time for me.. be back in 30 min
  • #13,289
  • Jan 15, 2010 3:55am Jan 15, 2010 3:55am
Quoting bubola
i haven't been able to find the post about G+ tactics yet
Bubola

This is the introduction to G+. Enjoy.

http://www.forexfactory.com/showpost...postcount=9486

But there is much more than that. You must read the whole thread.
You wont survive without preserving!!!
  • #13,290
  • Jan 15, 2010 4:00am Jan 15, 2010 4:00am
Quoting fxachilies
not quite..

learn to be crafty and not us set sl toomuch.. watch the speed and rhythum of the price.. sl still should be below the other side of retrace.. around 98 like Jazz said.. we need a longer break away from the LV before thinking about moving sl closer or perhaps to 5 pips lower than LV... price needs some manuver time..
but.. overall this moveing like turtel.. lets see what happens..


lunch time for me.. be back in 30 min
point taken ty

Quoting coronajazz
Bubola

This is the introduction to G+. Enjoy.

http://www.forexfactory.com/showpost...postcount=9486

But there is much more than that. You must read the whole thread.
ty, i am reading it post by post, i'm @5760
  • #13,291
  • Jan 15, 2010 4:02am Jan 15, 2010 4:02am
Quoting coronajazz
Bubola

This is the introduction to G+. Enjoy.

http://www.forexfactory.com/showpost...postcount=9486

But there is much more than that. You must read the whole thread.

Thanks Jazz. I haven't come to that post yet as I am still reading from the start of thread. I had some inkling what it was from the recent posts since I joined the thread but had not come across the in depth explanation till now.


Anyway just closed my long for -5. As they say, wash and rinse. Now waiting for the next opportunity.
  • #13,292
  • Jan 15, 2010 4:04am Jan 15, 2010 4:04am
out at 4407 for -12
  • #13,293
  • Jan 15, 2010 4:07am Jan 15, 2010 4:07am
Quoting heronlake7
out at 4407 for -12
I closed @ -11. I didn't let the stop been triggered @4401. I didn't like that momentum against me.
  • #13,294
  • Jan 15, 2010 4:08am Jan 15, 2010 4:08am
now ss for FCR2, #2G+
  • #13,295
  • Jan 15, 2010 4:09am Jan 15, 2010 4:09am
Stopped out -20.
You wont survive without preserving!!!
  • #13,296
  • Jan 15, 2010 4:10am Jan 15, 2010 4:10am
Quoting bubola
now ss for FCR2, #2G+
Am in at 4399.
  • #13,297
  • Jan 15, 2010 4:15am Jan 15, 2010 4:15am
Playing defence #2 with this one. Please correct me if I am wrong.

Thanks,
B
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  • #13,298
  • Jan 15, 2010 4:23am Jan 15, 2010 4:23am
Quoting Bakuli
Playing defence #2 with this one. Please correct me if I am wrong.

Thanks,
B
i got in at break of higher FCR, as soon as i closed the long, so now i'm in a position of playing #1. hope it's correct!!!
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  • #13,299
  • Jan 15, 2010 4:26am Jan 15, 2010 4:26am
Trade analysis.
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  • #13,300
  • Jan 15, 2010 4:29am Jan 15, 2010 4:29am
Quoting bubola
i got in at break of higher FCR, as soon as i closed the long, so now i'm in a position of playing #1. hope it's correct!!!
Bubola,

I think you are correct and yes, imho, #1 play for your trade. With mine, because I was later, I had to use #2 which require more watching to see how the price is behaving to minimise loss or to allow it to breathe if it looks like breaking free.
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