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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)

  • #13,781
  • Jan 21, 2010 3:34am Jan 21, 2010 3:34am
Quoting K7420
lol I made newbie mistake
Opps, didn't see your last post when I posted my question. Anyway would still be nice to know your reason even though you admit it was a mistake. We all can learn from our mistakes.

Cheers buddy.
  • #13,782
  • Jan 21, 2010 3:34am Jan 21, 2010 3:34am
Quoting Bakuli
Hi K,
May I ask why you got out at BE just to understand the reasoning? Are you in off the 123D ? or much earlier like Bubola and Fmarcia?
I was in recent 123D. Sorry though I've been watching you guys long time but haven't traded with you guys. Now I'm ready to Bammmm with you guys. waiting for reentry.
Failure is the mother of success: learn from 'her'
  • #13,783
  • Jan 21, 2010 3:44am Jan 21, 2010 3:44am
guys, if my mother heard me right now, she'd have a fit!!! i'm swearing like a drunken sailor!!!
  • #13,784
  • Jan 21, 2010 3:47am Jan 21, 2010 3:47am
Quoting fmarcia
Yeah, it's not easy to see a counter-setup when you're in. I missed the train with the long you took so I was "free minded" to see this tiny bb.

Anyway, everybody's in the bus now
I usually am quite sharp with it ie setting up my orders as the set-ups appear. But I think I got carried away this morning with the battle at LV coral for the long side, lol! We live and learn from our mistakes to make ourselves better.
You and Bubola (and anyone else in early) are sitting pretty in driver's seat. Nice position to be in. LOL ! I just like to keep repeating it, what FXA said about getting in early and be in driver's seat, it gets engraved into my brain and I then act automatically whenever I see an early opportunity .

To FXA (& FEB for planting the seed here), your guidance has made a tremendous change in my trading. I know I still have a lot to learn but the main bits that I have picked up and relentlessly practiced so far over the past 2 weeks have brought me a lot of pips (not boasting here but feeling rather choked that I may have finally found the way of turning my fortune around, all thanks to some unselfish people like FEB and especially FXA for taking it forward to another level. My hat off to you guys).
  • #13,785
  • Jan 21, 2010 4:02am Jan 21, 2010 4:02am
Quoting K7420
I was in recent 123D. Sorry though I've been watching you guys long time but haven't traded with you guys. Now I'm ready to Bammmm with you guys. waiting for reentry.
Hi K,

You have come to the right place for serious trading in a very , happy relaxed atmosphere. We help each other here to stay on course.

By the way if you're thinking of re-entering into the current short trade, don't (friendly advise)! IMHO, I think it is very risky getting in now. In situations like this, just sit it out and look for FXA's Crazy REversals !!!.

Cheers,
B
  • #13,786
  • Jan 21, 2010 4:10am Jan 21, 2010 4:10am
Quoting Bakuli
Hi K,

You have come to the right place for serious trading in a very , happy relaxed atmosphere. We help each other here to stay on course.

By the way if you're thinking of re-entering into the current short trade, don't (friendly advise)! IMHO, I think it is very risky getting in now. In situations like this, just sit it out and look for FXA's Crazy REversals !!!.

Cheers,
B
Some call this "catching a falling knife". But here and now, I'm not sure it's a good advice. Don't forget: we never know and a valid setup is a valid setup.
  • #13,787
  • Jan 21, 2010 4:12am Jan 21, 2010 4:12am
here's what i'm thinking
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  • #13,788
  • Jan 21, 2010 4:12am Jan 21, 2010 4:12am
Hi my familia!

I took a shot at the BB that FOURX mentioned. Got out with -8. Then I got call from my friend from the capital, who was in my town, I had to go out with him for a coup of coffee and missed the 1-2-3 D train south. My plan for now is wait for either if these three things.

1. 1-2-3 and long
2. Nice loopy FCR for long.
3. bracket for long or short.

Happy trading everyone.
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You wont survive without preserving!!!
  • #13,789
  • Jan 21, 2010 4:15am Jan 21, 2010 4:15am
Quoting bubola
here's what i'm thinking
Thanks for sharing, bubola. It's good to see we've got the same plan
  • #13,790
  • Jan 21, 2010 4:20am Jan 21, 2010 4:20am
Quoting coronajazz
Hi my familia!

I took a shot at the BB that FOURX mentioned. Got out with -8. Then I got call from my friend from the capital, who was in my town, I had to go out with him for a coup of coffee and missed the 1-2-3 D train south. My plan for now is wait for either if these three things.

1. 1-2-3 and long
2. Nice loopy FCR for long.
3. bracket for long or short.

Happy trading everyone.
Totally agree with you there if I am waiting to get into the market.
  • #13,791
  • Jan 21, 2010 4:25am Jan 21, 2010 4:25am
Quoting fmarcia
Thanks for sharing, bubola. It's good to see we've got the same plan
let's hope we're right...fx told me the other day "we live and die by our decisions", which i translated into: "we can only give it our best shot..then it's play it again, sam"
  • #13,792
  • Jan 21, 2010 4:27am Jan 21, 2010 4:27am
Quoting bubola
here's what i'm thinking
Have moved my Stop to BE just above the fcr, same place as you. Though I have no locked in profit at this stage, I now have a risk free trade!
  • #13,793
  • Jan 21, 2010 4:34am Jan 21, 2010 4:34am
Cor ! It's so boring, I am about to fall asleep! Common Mr Market, get your ass down there now ! I am not asking you, I am telling you !
  • #13,794
  • Jan 21, 2010 4:38am Jan 21, 2010 4:38am
We have been sideways for just over an hour now. Good to have the forum here to help us stay focussed and stop our finger from being trigger happy!
  • #13,795
  • Jan 21, 2010 4:40am Jan 21, 2010 4:40am
i just saw that at 1pm rome time (GMT+1), trichet speaks ...must be alert...i got a feeling this is one of those "you have no business trading" times...but what if you're already in? personally, i'm following my plan as things develop
  • #13,796
  • Jan 21, 2010 4:40am Jan 21, 2010 4:40am
market must have heard me and starting to show signs of life !
  • #13,797
  • Jan 21, 2010 4:44am Jan 21, 2010 4:44am
Quoting bubola
i just saw that at 1pm rome time (GMT+1), trichet speaks ...must be alert...i got a feeling this is one of those "you have no business trading" times...but what if you're already in? personally, i'm following my plan as things develop
I'll stay in too but with my finger near the panic button!
  • #13,798
  • Jan 21, 2010 4:47am Jan 21, 2010 4:47am
Quoting Bakuli
market must have heard me and starting to show signs of life !
Yeah, bakuli. Keep on talking to it!
  • #13,799
  • Jan 21, 2010 4:48am Jan 21, 2010 4:48am
Taken the next hurdle. I will bail out if price moves back within the bracket.
  • #13,800
  • Edited 4:54am Jan 21, 2010 4:51am | Edited 4:54am
let's ride'em, cowboys...sl 3pips above 4074 fractal
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