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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)

  • #15,201
  • May 5, 2010 12:45am May 5, 2010 12:45am
Waiting ...
I don't say anything more otherwise someone will not agree...
  • #15,202
  • May 5, 2010 1:12am May 5, 2010 1:12am
Quoting umbro
Waiting ...
I don't say anything more otherwise someone will not agree...
Took a short bit earlier, looking like its about to be stopped out soon, what ya mean someone will not agree umbro?
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  • #15,203
  • May 5, 2010 1:23am May 5, 2010 1:23am
Quoting skris
Took a short bit earlier, looking like its about to be stopped out soon, what ya mean someone will not agree umbro?
Ahahahha, No. I'm always joking just to make a more relaxed environment. I hate trading alone.
I make a lot of mistakes and when I make it, I always welcome any feedback. But here it's kinda boring. But who knows, right ? Let's see...
  • #15,204
  • May 5, 2010 1:36am May 5, 2010 1:36am
Short order is pending I'm expecting market is still bearish. long order might take us to fakeout land who knows, we will stick to the plan.
Failure is the mother of success: learn from 'her'
  • #15,205
  • Edited 1:50am May 5, 2010 1:47am | Edited 1:50am
Quoting umbro
okay I'm looking at the same. in my opinion it's from 7 hours we are in a continuation. What do you expect more ?
True the euro been hammered the last 24hr with the "euro crisis", but zoomed in on a 5m TF things a bit different. Only from my experience a continuation trade would be taking a trade in the same direction (40+ pips), without a decent pause (which has occurred now imo)

Edit: long just triggered by half a pip...fakeout land most likely
  • #15,206
  • May 5, 2010 1:59am May 5, 2010 1:59am
Okay. I think Feb is laughing watching at us. Feb, I hope you are enjoying this thing somewhere !
Yes, I don't know. PA doesn't know where to go ...
Agree with your considerations.
  • #15,207
  • May 5, 2010 2:02am May 5, 2010 2:02am
I have my long triggered but again I don't know.
  • #15,208
  • May 5, 2010 2:25am May 5, 2010 2:25am
Closed my position and see later... don't want to loose money here.
  • #15,209
  • May 5, 2010 2:42am May 5, 2010 2:42am
A new bracket is forming. What do you think guys ?
  • #15,210
  • May 5, 2010 2:53am May 5, 2010 2:53am
Give another try ? may be someone still long ?
I feel like a stupid talking to myself. In trading everything is possible if you make money. If I say stupid things tell me ok ? no hesitation.
  • #15,211
  • May 5, 2010 3:00am May 5, 2010 3:00am
Quoting umbro
Give another try ? may be someone still long ?
I feel like a stupid talking to myself. In trading everything is possible if you make money. If I say stupid things tell me ok ? no hesitation.
Price still certainly within a larger bracket for sure (looking from asian session), not a stellar day. I dumped my long for -8 as had to leave the house, wasn't a runner anyway though. +14 and -8 so far then for me so far. Goin to the gym now, will be back just before start of NY, will be taking my next tests then. Ciao.
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  • #15,212
  • May 5, 2010 3:13am May 5, 2010 3:13am
Quoting umbro
Give another try ? may be someone still long ?
I feel like a stupid talking to myself. In trading everything is possible if you make money. If I say stupid things tell me ok ? no hesitation.
Hello umbro,

I am a system II user, I do not participate as I do not trade E/U but rather E/J most of the time. May I suggest that you pay more attention to the 60 min chart as well ?
  • #15,213
  • May 5, 2010 3:22am May 5, 2010 3:22am
Quoting aiyahmarklah
Hello umbro,

I am a system II user, I do not participate as I do not trade E/U but rather E/J most of the time. May I suggest that you pay more attention to the 60 min chart as well ?
I'll take it as a suggestion, if you want you can PM me but as per Feb's guidelines this thread has been developed and evolved on a 5M timeframe. We watch the 5M.
Thanks
  • #15,214
  • May 5, 2010 3:36am May 5, 2010 3:36am
Quoting skris
Price still certainly within a larger bracket for sure (looking from asian session), not a stellar day. I dumped my long for -8 as had to leave the house, wasn't a runner anyway though. +14 and -8 so far then for me so far. Goin to the gym now, will be back just before start of NY, will be taking my next tests then. Ciao.
OK it's just my opinion. When I face this market, I follow the rules about my entries but if I smell PA is stalling I exit fast as a snake distributing whisky during the prohibition period...
  • #15,215
  • May 5, 2010 3:39am May 5, 2010 3:39am
Like now. Stay in alert...
  • #15,216
  • May 5, 2010 3:45am May 5, 2010 3:45am
Quoting umbro
I'll take it as a suggestion, if you want you can PM me but as per Feb's guidelines this thread has been developed and evolved on a 5M timeframe. We watch the 5M.
Thanks
Feb did mention that he keeps the 60 min chart as reference. As to how the thread evolved, I do not wish to comment.
  • #15,217
  • May 5, 2010 3:46am May 5, 2010 3:46am
mmhh...
  • #15,218
  • May 5, 2010 3:50am May 5, 2010 3:50am
Quoting aiyahmarklah
Feb did mention that he keeps the 60 min chart as reference. As to how the thread evolved, I do not wish to comment.
ok. Could you please quote the post where he mentioned that. It could be useful for everybody here. May be is something related to system III but again I could be wrong. I re-read this thread a lot of times (may be too many) but I don't remember.
  • #15,219
  • May 5, 2010 4:02am May 5, 2010 4:02am
+25 locked
  • #15,220
  • May 5, 2010 4:05am May 5, 2010 4:05am
Another thing I do here. May be someone doesn't agree. I lock my profits quickly. It's just me, ok ?
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