The System II (Yes with irony) | Page 715 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

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

The System (Irony included) 1,175 replies

Attachments: The System II (Yes with irony)
Exit Attachments

The System II (Yes with irony)

  • #14,281
  • Jan 26, 2010 4:28am Jan 26, 2010 4:28am
i'm out @ -9 reason: to me it was a WB/ and a weaker attempt back down. well, i payed twice the long, and once for the short, i'll have lunch and figure out my next move
  • #14,282
  • Jan 26, 2010 4:30am Jan 26, 2010 4:30am
Quoting kasrabehrad
thanx all

bubola : When i saw choppy , I went 1m to see break out there.you r right we trade in m5.
MUSaNTO:I change it :-)

ROYSTON :I wanna learn rules . like where should be entery, s/t or t/p exactly ?

tnx again all
have you read the designated post that i refered you too the other day..
my friend there are no short cuts there..

again.. post 11847 pg790.. take it from there..
your bible is page 649 and post 11758.. the plan.

do not press another button till you get this done.. i only tell you this bcz i like you..
  • #14,283
  • Jan 26, 2010 4:35am Jan 26, 2010 4:35am
Quoting narberth
I am reading the thread again and just read FX's post number #1324 on page 89 Quote:_

"I will give my infinte help to this great thread"

FX I think you have and are doing that. A very rare thing to see a promise kept in forums (No offence intended to anyone)

Thanks FX

I thank you in my humble way for your express of gratitude. it means alot, i can't hide it.

Thank you.
  • #14,284
  • Jan 26, 2010 4:39am Jan 26, 2010 4:39am
Out for -20. Hard stop loss triggered. Not enough place to play it #2. Wash, rince, repeat.
  • #14,285
  • Jan 26, 2010 4:42am Jan 26, 2010 4:42am
Hanging in there by the teeth. I changed my BB trade and went in with a 123D @4075. Going to allow my hard stop at 4090 take me out or the bastard might still drop. Was too late to close trade earlier on as my computer froze at the crucial moment!!! (something fishy going on, lol!) Maybe it may turn out lucky for me. Just got back on with my back-up computer.
  • #14,286
  • Jan 26, 2010 4:52am Jan 26, 2010 4:52am
Quoting Bakuli
Hanging in there by the teeth. I changed my BB trade and went in with a 123D @4075. Going to allow my hard stop at 4090 take me out or the bastard might still drop. Was too late to close trade earlier on as my computer froze at the crucial moment!!! (something fishy going on, lol!) Maybe it may turn out lucky for me. Just got back on with my back-up computer.
hey bak,

123D, should also be g+ exit
  • #14,287
  • Jan 26, 2010 4:55am Jan 26, 2010 4:55am
DEAR FXA...


I have red them and taken note ,pic ..I cant adjust myself yet..
I know why :-) .. I am used to do with ind and I am scalper too ,so aggressive you know :-) all i want ur help and patience .. i will read them again if my GF.. :-( -- I have many question ask you later

I like you all ,too..sorry 4 delay to reply

I forget it .. i am out +3
thnx agian
Attached Image (click to enlarge)
Click to Enlarge Name: 14.gif Size: 16 KB
  • #14,288
  • Jan 26, 2010 5:00am Jan 26, 2010 5:00am
Quoting FOURX
hey bak,

123D, should also be g+ exit
Yes but my comouter froze and mucked up my trade plan. So decided to just let it ride with my hard stop at -15.
  • #14,289
  • Jan 26, 2010 5:01am Jan 26, 2010 5:01am
Quoting kasrabehrad
DEAR FXA...


I have red them and taken note ,pic ..I cant adjust myself yet..
I know why :-) .. I am used to do with ind and I am scalper too ,so aggressive you know :-) all i want ur help and patience .. i will read them again if my GF.. :-( -- I have many question ask you later

I like you all ,too..sorry 4 delay to reply

I forget it .. i am out +3
thnx agian
ok buddy.. afew live play with me will make thing a bit clear as well.. but i want you and everyone else to really absorb post 11785.. it is your tickets to heaven.. (with this style of course)
  • #14,290
  • Jan 26, 2010 5:02am Jan 26, 2010 5:02am
Quoting Bakuli
Yes but my comouter froze and mucked up my trade plan. So decided to just let it ride with my hard stop at -15.
ok mate,i see.......

possible 123S set up for long at 91 , its nyo
  • #14,291
  • Jan 26, 2010 5:05am Jan 26, 2010 5:05am
Ok, now out for -15. Stopping for the day now. Am going out for lunch with friends. Trade well everybody and be safe.

Cheers,
B
  • #14,292
  • Jan 26, 2010 5:07am Jan 26, 2010 5:07am
Good day everyone!

I wasnt able to trade so far today, so this is my first trade , long 1.4091. I am cathing up with your posts.

Have a happy Us session everyone.
You wont survive without preserving!!!
  • #14,293
  • Jan 26, 2010 5:14am Jan 26, 2010 5:14am
For the record, I post here what I did (mt4 objects) and what I should have (in the way I understand the "system II extended" so far).

My mistakes:
. Bad recognition of the setup (BB instead of 123D),
. I entered at BB, way too late,
. I tried to play it #2 instead of #2G+ (123D).

Attached Image (click to enlarge)
Click to Enlarge Name: image1.gif Size: 30 KB


20 pips. Good. I will remember this one.
  • #14,294
  • Jan 26, 2010 5:17am Jan 26, 2010 5:17am
Out of the long -12.
Attached Image (click to enlarge)
Click to Enlarge Name: untitled.JPG Size: 168 KB
You wont survive without preserving!!!
  • #14,295
  • Jan 26, 2010 5:18am Jan 26, 2010 5:18am
guys,
i see you guys tring to trade all shots and i for one admire that.. but please also keep a open ear for other stuff that i say..

like.. if fcr getting to close to each other be alert that the marke is flat or choppy..
or.. when you see such dry up and are inside of Lonodn low liquidity time, do not force trade inside of the bracket.. sure it can run at anytime, i have said that millions of times.. but there are times that this thing is simply too flat, no momentum.. and you got be alittle more selective and not taking fcr's off little hiccups inside brackets or off the smaller of the two brackets.. and wait for a solid speed and momentum to be build up at some point and not blinly trade like a robot..

i hope you understand my saying here and not confuse it with being aggressive..

when market runs we all make ton of money and we know how to squeez every drop.. and when it does not run, we all lose.. but howmuch and how you lose is key.. you do not want to give away toomuch.. give back all your runner earned $$$.
if its not there do not force it toomuch.

thats all..
  • #14,296
  • Jan 26, 2010 5:20am Jan 26, 2010 5:20am
Guys .... I still see us in a BB .... 1.4068 / 1.4110 .... Why are you trading withing in the BB? It has been in formation since 6am (London time this mrng).

Am I correct FX?
  • #14,297
  • Jan 26, 2010 5:22am Jan 26, 2010 5:22am
Quoting fmarcia
For the record, I post here what I did (mt4 objects) and what I should have (in the way I understand the "system II extended" so far).

My mistakes:
. Bad recognition of the setup (BB instead of 123D),
. I entered at BB, way too late,
. I played it #2 instead of #2G+ (123D).

Attachment

20 pips. Good. I will remember this one.
here's the opinion of a newbee, so pls just take it as a different point of view. i did almost the same trade days ago, i.e. playing inside the bracket: fx pointed out to me, that the total width of the range was then around 30 pips (like today's). in this case we'd better off trying BB out of the brackets' extremes. he also said that if i really wanted to play inside the bracket, then fcr's . between the lines i read "if you're that stupid to play inside such a small range, then at least use fcr's near extremes". from that day, i do not set orders in between, but do my testing out of the brackets.

again, just my point of view.
  • #14,298
  • Jan 26, 2010 5:30am Jan 26, 2010 5:30am
The FCR`s too close to eachoter is a very valid remark, and I pay a lot of attention to that. I was playing on low risk high Reward ratio on that trade though.

1.THE FCR was nicely shaped.
2.Coming up from the bottom of the bracket
3.After a sharp drop in asian session.

This was my reasoning. I would take that kind of trade again. Any comments welcomed.

After that fakeout now I am looking only short for now 1.4065.
You wont survive without preserving!!!
  • #14,299
  • Jan 26, 2010 5:35am Jan 26, 2010 5:35am
Quoting bubola
here's the opinion of a newbee, so pls just take...
Quoting coronajazz
The FCR`s too close to eachoter is a very valid remark, and I pay a lot of attention to that. I was playing on low risk high Reward ratio on that trade though.

1.THE FCR was nicely shaped.
2.Coming up from the bottom of the bracket
3.After a sharp drop in asian session.

This was my reasoning. I would take that kind of trade again. Any comments welcomed.

After that fakeout now I am looking only short for now 1.4065.
Thanks for your inputs, bubola and coronajazz.

Reading your posts, I think now my only mistake was to not play it #2G+.
  • #14,300
  • Jan 26, 2010 5:43am Jan 26, 2010 5:43am
Quoting DesertFX
Guys .... I still see us in a BB .... 1.4068 / 1.4110 .... Why are you trading withing in the BB? It has been in formation since 6am (London time this mrng).

Am I correct FX?
Quoting FX Achilies
guys,
i see you guys tring to trade all shots and i for one admire that.. but please also keep a open ear for other stuff that i say..

like.. if fcr getting to close to each other be alert that the marke is flat or choppy..
or.. when you see such dry up and are inside of Lonodn low liquidity time, do not force trade inside of the bracket.. sure it can run at anytime, i have said that millions of times.. but there are times that this thing is simply too flat, no momentum.. and you got be alittle more selective and not taking fcr's off little hiccups inside brackets or off the smaller of the two brackets.. and wait for a solid speed and momentum to be build up at some point and not blinly trade like a robot..

i hope you understand my saying here and not confuse it with being aggressive..

when market runs we all make ton of money and we know how to squeez every drop.. and when it does not run, we all lose.. but howmuch and how you lose is key.. you do not want to give away toomuch.. give back all your runner earned $$$.
if its not there do not force it toomuch.

thats all..
I can't agree more with both of you... now it looks it's time for shooting...
6 traders viewing now