The System II (Yes with irony) | Page 696 | 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)

  • #13,901
  • Jan 22, 2010 1:39am Jan 22, 2010 1:39am
Still in my 123D long trade @4145. Playing #2G
  • #13,902
  • Jan 22, 2010 1:41am Jan 22, 2010 1:41am
Out -12. Wash, rinse & repeat.
  • #13,903
  • Jan 22, 2010 1:43am Jan 22, 2010 1:43am
Quoting Bakuli
Still in my 123D long trade @4145. Playing #2G
123D? I think it was more a BB...

-6 for me here, reentry above current highs
  • #13,904
  • Jan 22, 2010 1:45am Jan 22, 2010 1:45am
Quoting elizo
123D? I think it was more a BB...

-6 for me here, reentry above current highs
Good morning everyone.

-8 for me on that trade.
You wont survive without preserving!!!
  • #13,905
  • Jan 22, 2010 1:56am Jan 22, 2010 1:56am
Good morning, everybody.

I read your trades on asian session. Good fights!

Hey, bakuli, so you never sleep! Are you human?

Enter long at the breakout at 4147 (123). Late at 4152.

Edit: out for -13.
  • #13,906
  • Jan 22, 2010 2:03am Jan 22, 2010 2:03am
Quoting fmarcia
Good morning, everybody.

Hey, bakuli, so you never sleep! Are you human?

I read your trades on asian session. Good fights!

Enter long at the breakout at 4147. Late at 4152.
I am an insomniac and I am a machine really, lol!!!!
  • #13,907
  • Jan 22, 2010 2:16am Jan 22, 2010 2:16am
gm guys, took a -11 on that 123s (that's how i played #2) when that bear candle came roaring down
  • #13,908
  • Jan 22, 2010 3:45am Jan 22, 2010 3:45am
hi guys,
i am bit busy workin on the website and else..

not much developing today.. PA is sort of flat.. we have had a stellar week so far excluding Monday..

this friday so far looks like its a early weekend for the big guns.. watch out for the chop.. its just a thought.. just some thing to keep in the back burner.. you know my motto.. this bitch can run at anytime anywher in the chart.. lol.. and price with the naked eye will lead you to it..

i will make the time today to put out a post about taking the pull with the news..

talk to you later..
  • #13,909
  • Jan 22, 2010 4:41am Jan 22, 2010 4:41am
New test long. New loser. -17. What a mess!
  • #13,910
  • Jan 22, 2010 4:49am Jan 22, 2010 4:49am
Quoting fmarcia
New test long. New loser. -17. What a mess!
I ve given up on the long`s after twice -8, but I have taken a -7 short, and now I am looking at the FCR for shorting.

It is a messy day though.
You wont survive without preserving!!!
  • #13,911
  • Jan 22, 2010 4:57am Jan 22, 2010 4:57am
Quoting coronajazz
I ve given up on the long`s after twice -8, but I have taken a -7 short, and now I am looking at the FCR for shorting.

It is a messy day though.
Hi coronajazz,

Now short at bb/fcr. I'll play with one #2G+. Like you, I guess?
  • #13,912
  • Jan 22, 2010 5:04am Jan 22, 2010 5:04am
Quoting fmarcia
Hi coronajazz,

Now short at bb/fcr. I'll play with one #2G+. Like you, I guess?
of course
You wont survive without preserving!!!
  • #13,913
  • Jan 22, 2010 5:22am Jan 22, 2010 5:22am
Had the same doubt on Bakuli timings

He probably is in the East or midwest of US like me. I am in Chicago

woke up at 5am

Question is what time is the action - we don't want to miss, have read some, did not understand - it said 1hr with London etc
  • #13,914
  • Jan 22, 2010 5:30am Jan 22, 2010 5:30am
I m short on this one at 1.4144.
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  • #13,915
  • Jan 22, 2010 5:40am Jan 22, 2010 5:40am
This short ride looks good so far, but stay alert, no true pullback so far. WHen it comes it could be nasty and deceiving.
You wont survive without preserving!!!
  • #13,916
  • Jan 22, 2010 5:41am Jan 22, 2010 5:41am
Quoting coronajazz
This short ride looks good so far, but stay alert, no true pullback so far. WHen it comes it could be nasty and deceiving.
bam in formation?
  • #13,917
  • Jan 22, 2010 5:47am Jan 22, 2010 5:47am
Hi Traders
I start to watch chart with out IND.. now . Is it FCR ? SELL @1.4147 OR 1.4142
(3 +spread)?

thanks for your guide
  • #13,918
  • Edited 6:08am Jan 22, 2010 5:56am | Edited 6:08am
Guys/gals,

This morning, I was long @4145 which I bailed out for -12 when I saw PA against my position. After watching for a while I decided to re-enter at the same price when I thought the market was going back up. ...now it was around that time I screwed up....the inevitable happened ! I fell asleep on the job. I just woke up to find that I have been taken out for a full 20 pips (2% of real account). Luckilly I always put a hard stop when I trade.
Lesson learnt, which FXA warned me about only the other day when he jokingly prescribed me 6 hours sleep nightly, is that one cannot trade when not well rested. So the cost to me was -20 pips and lost opportunities (should have been on that nice ride south now!!! )

Shame on me......
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  • #13,919
  • Jan 22, 2010 6:19am Jan 22, 2010 6:19am
Dammit. I was still wondering if it was an counter-fcr when the price bounced up so fast. Out for +4, when the price broke back the level below my entry.
  • #13,920
  • Jan 22, 2010 6:30am Jan 22, 2010 6:30am
Pleas dont ask why, as I dont have an answer, but I am still in the trade. But I am getting out above 1.4140 if it moves fast upwards.
You wont survive without preserving!!!
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