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We all need pivots to win..yes or not? 13 replies

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The System II (Yes with irony)

  • #14,101
  • Jan 25, 2010 6:20am Jan 25, 2010 6:20am
Quoting dim4ik42
short from 72...

like for me - there were WB and WR at top of chart...

so... will see..... May be I am totally wrong... Well - then i will pay for my mistake.
My sl was triggered about 30 minutes ago. I'm short since too.

Mr Market, may I ask you to bammm down, now?
  • #14,102
  • Jan 25, 2010 6:29am Jan 25, 2010 6:29am
After reading my revision notes, I decided to be more aggressive and moved my SL back to BE, risking all the pips I have won for that big runner. So guys, I am still in on the long side. Sorry we are in opposing sides now but hey! it doesn't matter just stick to whatever preference you decide suits you from the PLAN and we will all still end up with a healthy bottomline.

What really made me go for my preference of the Plan is what Fx said about having less in's and out's as one of the pros (pluses).

Anyway good luck ! May the best side wins ( the bulls or the bears ???)
  • #14,103
  • Jan 25, 2010 6:45am Jan 25, 2010 6:45am
Quoting Bakuli
After reading my revision notes, I decided to be more aggressive and moved my SL back to BE, risking all the pips I have won for that big runner....

Ok, Bakuli, good!...

But! What i did read in post of our brother FxAhilies is this:

c) it can break the fcr, and i will bank there without hesitation.. I never hold a trade that breaks a valid fcr, period.. (post #11758)

And.... I want to catch runner too... as you, as everyone in our great family.

But - at another side - I do not want to miss valid FCR, because as Fx said - this habit is like a cancer....

So - I want to catch runner and play#1 Scenario1 properly, but I am afraid to miss valid FCR....

I think - this troubles is because of lack of screen time....

Anyway - good luck!

You do everything great! Keep it going, man!
  • #14,104
  • Jan 25, 2010 6:46am Jan 25, 2010 6:46am
Stopped out at BE on this one... buaaaaaaaaaaa I left money on the table

Shorting this on the clear 123s... sooner or later you'll pay what I deserve.
  • #14,105
  • Jan 25, 2010 6:49am Jan 25, 2010 6:49am
Quoting dim4ik42

c) it can break the fcr, and i will bank there without hesitation.. I never hold a trade that breaks a valid fcr, period.. (post #11758)
The problem is that the FCR was not so clear... looked more like a hiccup.

Anyway, our mistake. Now we all agree.
  • #14,106
  • Jan 25, 2010 6:56am Jan 25, 2010 6:56am
Quoting dim4ik42
Ok, Bakuli, good!...

But! What i did read in post of our brother FxAhilies is this:

c) it can break the fcr, and i will bank there without hesitation.. I never hold a trade that breaks a valid fcr, period.. (post #11758)

And.... I want to catch runner too... as you, as everyone in our great family.

But - at another side - I do not want to miss valid FCR, because as Fx said - this habit is like a cancer....

So - I want to catch runner and play#1 Scenario1 properly, but I am afraid to miss valid FCR....

I think - this troubles is because...
Yeah, I read that too. For this trade (by the way, I am out at BE - got me by 1 bloody pip! lol!) I was weighing up the pros and cons. If I moved my SL in my usual manner, I would have got taken out at 4173 (so would have netted +14 from my long at 4159). So the cost to me is +14 pips which I think is bearable for that runner hunt. Of course I have missed out on the fcr trade from 4173 (result still unknown yet) which I normally would have taken too if I was using a trailing stop.

Anyways, I am happy with the trade decsion I made because I think in the long run it's going to serve me well. I am really going after the long tails and I don't mind taking lots of shots and leaving money on the table. I look at it as a "Savings Account" and that I will withdraw from it at a later date, once all the interest has accumulated, lol!

Good luck with your short! I like the "family" here. Makes trading not so lonely a business !
  • #14,107
  • Jan 25, 2010 6:59am Jan 25, 2010 6:59am
Quoting elizo
The problem is that the FCR was not so clear... looked more like a hiccup.

Anyway, our mistake. Now we all agree.

I did not say, that this one was mistake...

I just said - that it seems to me like a FCR.... but - I am still newbie... and need A LOT OF CRITIZISM!!!! I like to think about me so.

lol...

Thanks!
  • #14,108
  • Jan 25, 2010 7:15am Jan 25, 2010 7:15am
out with -8, sl 5 pips below level line.
hmm , just not my time, I'll repeat this again.
buuuuaaa
  • #14,109
  • Edited 7:57am Jan 25, 2010 7:27am | Edited 7:57am
Quoting Bakuli
Yeah, I read that too....

Please! I do not say something against you, against our runner-catching traditions...

I just learn as you and everyone here.... I do not want to be like a troll here.... lol...

and - like for that long trade was by scenario 2. Not +40-50.... but more than 30+...
Then retrace made a nice FCR.... - I just had to take it!

So - Good trading to you!
  • #14,110
  • Edited 7:38am Jan 25, 2010 7:33am | Edited 7:38am

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hi again ... i am newbie
this is my attitude ...
is it correct?
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  • #14,111
  • Jan 25, 2010 7:38am Jan 25, 2010 7:38am
Quoting dim4ik42
Please! I do not say something against you, against our runner-catching traditions...

I just lear as you and everyone here.... I do not want to be like a troll here.... lol...

and - like for - that long trade was by scenario 2. Not +40-50.... but more than 30+...
Then retrace made a nice FCR.... - I just had to take it!

So - Good trading to you!

Dim, just saw your post. It's all good man. I am not sure why you got that impression, lol! I am smiling as I type this, lol! Catch up later, I have to go out now. Back later. Good luck
  • #14,112
  • Jan 25, 2010 7:49am Jan 25, 2010 7:49am
Moved SL @ 4170
  • #14,113
  • Jan 25, 2010 7:57am Jan 25, 2010 7:57am
here's what i saw
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  • #14,114
  • Jan 25, 2010 7:58am Jan 25, 2010 7:58am
i was a little busy with some other stuff.. and just got a chance to take quick look at the recent post..

am i undrestanding correct that most of you missed the FCR at 4175 or exited quickly with no reentry.. or did not even take the 123 down the line and missed this clean runner?

if you did.. than.. what the hell are u here for..

i am running two forums (one is totaly driving me crazy.. not us here).. and still trading making money on this perfec market for us today.. it does not get any better than this guys..
  • #14,115
  • Jan 25, 2010 8:00am Jan 25, 2010 8:00am
Quoting bubola
here's what i saw
nice job miss B..

thats the way..
  • #14,116
  • Jan 25, 2010 8:09am Jan 25, 2010 8:09am
Well I was short but the price action was too slow for me to reenter after taking a loss -2 pip. Now I'm long at 55 I hope I won't get killed this time.
Failure is the mother of success: learn from 'her'
  • #14,117
  • Jan 25, 2010 8:23am Jan 25, 2010 8:23am
Quoting fxachilies
i am running two forums.

two forums? where is the other please?
  • #14,118
  • Jan 25, 2010 8:30am Jan 25, 2010 8:30am
wash rinse and repeat no problem mr market I will catch you later -12
Failure is the mother of success: learn from 'her'
  • #14,119
  • Jan 25, 2010 8:32am Jan 25, 2010 8:32am
Quoting K7420
Well I was short but the price action was too slow for me to reenter after taking a loss -2 pip. Now I'm long at 55 I hope I won't get killed this time.
long based on what?

there is not fcr no 123, you got N.Y open up your ass .. what is your rationalization..

why do i care!!!
  • #14,120
  • Jan 25, 2010 8:47am Jan 25, 2010 8:47am
Okay my mistake. waiting.....
Failure is the mother of success: learn from 'her'
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