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The System II (Yes with irony)

  • #14,141
  • Jan 25, 2010 11:50am Jan 25, 2010 11:50am
Quoting Bakuli
zzzzzzzzzzzz
Bakuli!

Is this you?

I see you sit on your hands, but, be careful man, you may accidently put some order with your nose!!!!
You wont survive without preserving!!!
  • #14,142
  • Jan 25, 2010 11:55am Jan 25, 2010 11:55am
[quote=coronajazz;3399050]Bakuli!

Is this you?

I see you sit on your hands, but, be careful man, you may accidently put some order with your nose!!!! [/quo




And it'd be right on the nose to catch that runner! Lol!
  • #14,143
  • Jan 25, 2010 12:03pm Jan 25, 2010 12:03pm
Bracket in bracket! I'm done for today. I'm going to enjoy my family.

3 trades: -9, +9, +20 and a lot of screen time!

See you tomorrow.
  • #14,144
  • Jan 25, 2010 12:14pm Jan 25, 2010 12:14pm
ok, brothers!!!!

20:12 here in Ukraine.

So - I have to go to my another family... lol

Will see tomorrow!

ps. - I know for sure - tomorrow will be the best trending day!
  • #14,145
  • Jan 25, 2010 1:10pm Jan 25, 2010 1:10pm
Quoting dim4ik42
ok, brothers!!!!

20:12 here in Ukraine.

So - I have to go to my another family... lol

Will see tomorrow!

ps. - I know for sure - tomorrow will be the best trending day!

See you tomorrow ! I just woke up from my cat nap, lol!
  • #14,146
  • Jan 25, 2010 1:12pm Jan 25, 2010 1:12pm
Quoting fmarcia
Bracket in bracket! I'm done for today. I'm going to enjoy my family.

3 trades: -9, +9, +20 and a lot of screen time!

See you tomorrow.

See you tomorrow. Nice trades !
  • #14,147
  • Jan 25, 2010 10:12pm Jan 25, 2010 10:12pm
Nice drop ! Bracket breakout.
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  • #14,148
  • Edited 10:55pm Jan 25, 2010 10:31pm | Edited 10:55pm
Risky Trade. A borderline fcr but I taken it as a reversal set-up.


edit - The fcr I mentioned above was just an hallucination ! It wasn't there because there should have been a more defined loop or V shape to it.
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  • #14,149
  • Jan 25, 2010 10:44pm Jan 25, 2010 10:44pm
Well that last trade didn't last too long. It wasn't a fcr after all ! Cost -10 pips to find out. Now back on to the short side., on a 123 continuation set up.
  • #14,150
  • Jan 25, 2010 11:07pm Jan 25, 2010 11:07pm
Real FCR and Imaginary one !
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  • #14,151
  • Jan 25, 2010 11:25pm Jan 25, 2010 11:25pm
This thread is capturing my interest..watching some good setups on the euro today. Talk about keep it simple. I cant seem to find explanation of the terms you use for some of your set ups..such as FCR. Could someone help me out with these terms pls?

thanks
All that matters is winning the week
  • #14,152
  • Edited Jan 26, 2010 12:25am Jan 25, 2010 11:34pm | Edited Jan 26, 2010 12:25am
Quoting lindsayf
This thread is capturing my interest..watching some good setups on the euro today. Talk about keep it simple. I cant seem to find explanation of the terms you use for some of your set ups..such as FCR. Could someone help me out with these terms pls?

thanks

You certainly won't find it in any books ! These terms were coined by our brother Fxachilies (The trading Plan here is all his work based on our mentor Feb's teachings) to describe the various set-ups we use and the defensive plays we use to manage our set-ups. FCR is the abbreviation for Fxachilies Crazy Reversals, BB = Bracket Breakout, 123D = 123 pattern with deep retracement, 123S = 123 pattern with short retracement, etc. Then we have defensive plays #1, #2G+, Scenarios 1,2,3. Lol! I can't explain it in detail here because you have to go through the whole thread. It is a must for everyone joining the "family" here. The link below I have provided will make the journey a bit easier to start with.

For all newbies (to the thread), please go to the link here :
http://www.forexfactory.com/showpost...ostcount=11847

It will be worth it, guaranteed!
  • #14,153
  • Jan 25, 2010 11:50pm Jan 25, 2010 11:50pm
Good morning Dim, Musanto & rest of the gang ! Happy hunting today. I started a bit earlier, lol ! Couldn't sleep so I watched the Asia session. Managed to catch the drop. Still in , after I had a little hiccup with the imaginary fcr (see my post, a page or two back). That cost me -10 and I had to wait for a re-entry with a 123 set-up lower down, so in real terms it cost me more than 10 pips for my mistake. Well, never mind , I call it tuition fee !
  • #14,154
  • Jan 25, 2010 11:57pm Jan 25, 2010 11:57pm
Thanks Bakuli...up to page 60 only about 880 to go.
All that matters is winning the week
  • #14,155
  • Jan 25, 2010 11:57pm Jan 25, 2010 11:57pm
Quoting Bakuli
Good morning Dim, Musanto & rest of the gang ! Happy hunting today. I started a bit earlier, lol ! Couldn't sleep so I watched the Asia session. Managed to catch the drop. Still in , after I had a little hiccup with the imaginary fcr (see my post, a page or two back). That cost me -10 and I had to wait for a re-entry with a 123 set-up lower down, so in real terms it cost me more than 10 pips for my mistake. Well, never mind , I call it tuition fee !
Morning Bakuli,
Yes I see it very nice trade.
I'm short gold with system II also, +60 pips, very wild animal.
  • #14,156
  • Jan 25, 2010 11:59pm Jan 25, 2010 11:59pm
Quoting Musanto
Morning Bakuli,
Yes I see it very nice trade.
I'm short gold with system II also, +60 pips, very wild animal.
That's great ! Well, you have a good tool there to tame that beast.
  • #14,157
  • Jan 26, 2010 12:20am Jan 26, 2010 12:20am
The market has been going sideways for the past hour.
Drop you %%%%%%%%% !!!
  • #14,158
  • Jan 26, 2010 12:30am Jan 26, 2010 12:30am
Quoting Bakuli
Good morning Dim, Musanto & rest of the gang ! Happy hunting today. I started a bit earlier, lol ! Couldn't sleep so I watched the Asia session. Managed to catch the drop. Still in , after I had a little hiccup with the imaginary fcr (see my post, a page or two back). That cost me -10 and I had to wait for a re-entry with a 123 set-up lower down, so in real terms it cost me more than 10 pips for my mistake. Well, never mind , I call it tuition fee !
Hi, Bakuli!!!!

Nice runner you did catch, friend!

Wow - and why did I go to bed yestarday????? I definitely had to work during Asian session (night in my time zone).

Congratulation!
  • #14,159
  • Jan 26, 2010 12:32am Jan 26, 2010 12:32am
I think we have a BB set-up shaping up nicely here.
  • #14,160
  • Jan 26, 2010 12:38am Jan 26, 2010 12:38am
Quoting dim4ik42
Hi, Bakuli!!!!

Nice runner you did catch, friend!

Wow - and why did I go to bed yestarday????? I definitely had to work during Asian session (night in my time zone).

Congratulation!
Thanks. It was night time for me too in my time zone but I am a bit of an insomniac ! Anyway even when I go to bed, I usually have my laptop on by by my side. Lol! Am I addicted to trading ?! Well, hell yes, lol! and I'm loving it.

Oh, oh, I can hear my alert going off, so the eu is finally starting to move down again. OK, better go check my chart. Talk later. (edit - lol! false alarm)
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