The System II (Yes with irony) | Page 736 | 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)

  • #14,701
  • Jan 28, 2010 9:17am Jan 28, 2010 9:17am
hi can someone please point the way for beginner with this strategy where to start? i would like to know the basics of this strategy and implement it in my trading. thank you! 980 pgs is a lot to read
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #14,702
  • Jan 28, 2010 9:19am Jan 28, 2010 9:19am
Quoting eaglestar
hi can someone please point the way for beginner with this strategy where to start? i would like to know the basics of this strategy and implement it in my trading. thank you! 980 pgs is a lot to read
read this carefully and follow instructions:
http://www.forexfactory.com/showpost...ostcount=11847
  • #14,703
  • Jan 28, 2010 9:23am Jan 28, 2010 9:23am
Quoting fxachilies
Everyone, I got a announcement to make..


I want page 1000 to be solely attributed to the one and only FEB the great. Our dear mentor and founder of our success... the man who taught us just more than trading and planted the seed of how to give back in this business/forums with genuine honesty and good karma. My dearest friend and mantra of my trading… sometimes there aren't just enough words. I love this man with all my heart.
[b][color=black][font=Verdana](I...
The Great man and very kind person, I find no words to say thanks to Feb ... our prayers are with you, be healthy and happy always, we solute you.
We also have great respect and love for my friend and my teacher The Great Fxachilies whose efforts will always be remembered and we cannot pay their rewards.
I cannt express my feelings in words.. just would say Thankyou both of you Great guys.
  • #14,704
  • Jan 28, 2010 9:23am Jan 28, 2010 9:23am
Quoting bubola
read this carefully and follow instructions:
http://www.forexfactory.com/showpost...ostcount=11847
ok cool man thanks. is there a hidden chat room somewhere about this? pm me if it is against the rules. i am interested.
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #14,705
  • Jan 28, 2010 9:32am Jan 28, 2010 9:32am
Quoting eaglestar
ok cool man thanks. is there a hidden chat room somewhere about this? pm me if it is against the rules. i am interested.
nothing hidden around here, just 5mn eur/usd chart, NO indicators whatsoever
  • #14,706
  • Jan 28, 2010 9:41am Jan 28, 2010 9:41am
Quoting bubola
nothing hidden around here, just 5mn eur/usd chart, NO indicators whatsoever
what are pips average a week/month and percent growth per week/month that you have and have seen, just to compare to other methods i have tried.
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #14,707
  • Jan 28, 2010 9:42am Jan 28, 2010 9:42am
Quoting eaglestar
ok cool man thanks. is there a hidden chat room somewhere about this? pm me if it is against the rules. i am interested.
As far as I know, it's all here out in the open! Everything is laid bare for all who are interested and who are willing to do the ants work of putting in the study, screentime and trading with a live account to develop the skill and intuition required for this style of trading. The set-ups are easy to recognise but it's the intuitive feel which one needs to dance with the market, using the defensive/offensive plays that will require much more time to develop. It appears hard initially but believe me, with practice , practice and more practice, it starts to get easier. There is a great family in here willing to help one another and anyone who comes here to seek help. This is also another aspect of our thread, that is the spreading of good karma. Our great mentor is a great believer in it, hence the existence of this thread.
  • #14,708
  • Jan 28, 2010 9:53am Jan 28, 2010 9:53am
SL moved to fcr and buy stop in place.
  • #14,709
  • Jan 28, 2010 9:55am Jan 28, 2010 9:55am
Anyone else still in and how are you managing your trades?
  • #14,710
  • Jan 28, 2010 9:58am Jan 28, 2010 9:58am
Quoting Bakuli
SL moved to fcr and buy stop in place.
I hold the same position, also Long entry ready above fcr
  • #14,711
  • Jan 28, 2010 10:01am Jan 28, 2010 10:01am
Quoting heronlake7
I hold the same position, also Long entry ready above fcr
Great, nice to have company, lol.
  • #14,712
  • Jan 28, 2010 10:03am Jan 28, 2010 10:03am
Guess who is still awake...addict!
Im short from break at 83...just close most of position for +22...losing a few jelly beans but I can't keep my eyes open anymore...

Quoting Bakuli
Anyone else still in and how are you managing your trades?
I follow THE PLAN to Survive & Preserve..
  • #14,713
  • Jan 28, 2010 10:06am Jan 28, 2010 10:06am
Quoting kishou
Guess who is still awake...addict!
Im short from break at 83...just close most of position for +22...losing a few jelly beans but I can't keep my eyes open anymore...
Lol! I have matchsticks holding propping up my eyelids! I was going to stop trading earlier during the day but the set-ups kept popping up today so haven't had time to call it a day. Have to capitalise on it when they come.
I managed to catch the early bus at 99.
  • #14,714
  • Jan 28, 2010 10:07am Jan 28, 2010 10:07am
closed 50% on failure to decidedly break LL
  • #14,715
  • Jan 28, 2010 10:09am Jan 28, 2010 10:09am
Quoting Bakuli
Anyone else still in and how are you managing your trades?
I was not in the room at the time of your first entry, so I am in much later at 3978. Accordingly my risk position is not so favourable as yours.. Because of this, I took off 1/3rd at 3955, and have a stop above the fcr as you do. But watching like a hawk. There have only been 2 good bull candles in this last bunch, so there may be more downside. But if there isn't, there isn't so I will take what the market gives me ....
  • #14,716
  • Jan 28, 2010 10:21am Jan 28, 2010 10:21am
Quoting Royston
I was not in the room at the time of your first entry, so I am in much later at 3978. Accordingly my risk position is not so favourable as yours.. Because of this, I took off 1/3rd at 3955, and have a stop above the fcr as you do. But watching like a hawk. There have only been 2 good bull candles in this last bunch, so there may be more downside. But if there isn't, there isn't so I will take what the market gives me ....
Yes I agree. I think there is still more downside but I don't want to repeat the same mistake I did during asia session. I was on a runner but I clouded my judgement with the #1 play because I "predicted" that it was going to fall further. I was presented with an fcr to the long side but consciously chose to ignore it because I was married to the short trade. The outcome was a BE trade, missing the opportunity to bank at fcr, as well as to take on the reverse trade. So now I try to keep it as simple as I can.
  • #14,717
  • Jan 28, 2010 10:23am Jan 28, 2010 10:23am
well folks, not a good day for me. missed the final short, on top of everything. i'm still fighting to find my way: in trying to catch this darn runner i'm getting married to my trades
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  • #14,718
  • Jan 28, 2010 10:40am Jan 28, 2010 10:40am
Quoting bubola
well folks, not a good day for me. missed the final short, on top of everything. i'm still fighting to find my way: in trying to catch this darn runner i'm getting married to my trades
No worries Bubola, we'll all get there as we keep plugging at it and keep on practicing. I have made lots of mistakes over the past few weeks but each mistake is like another step in the right direction as long as we learn from it. As we practice our plays each day, with the guidance of Fxa, we start to build up this thing call intuition !
  • #14,719
  • Jan 28, 2010 10:44am Jan 28, 2010 10:44am
Ok, we're ion on the long side off BB, #2G+
  • #14,720
  • Jan 28, 2010 10:45am Jan 28, 2010 10:45am
Quoting Bakuli
Ok, we're ion on the long side off BB, #2G+
Roger!
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