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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)

  • #15,341
  • Edited 3:48am Jun 17, 2010 3:45am | Edited 3:48am
I wanna make my personal compliments to those who trade this market recently. I took a 10 days off. How is going ?
  • #15,342
  • Jun 17, 2010 3:54am Jun 17, 2010 3:54am
I tell you what. I'm looking for a reversal because I was late. The news are coming later so ... I'll decide later what to if I'm engaged with her.
  • #15,343
  • Jun 23, 2010 12:14pm Jun 23, 2010 12:14pm
Seems like a while back there was a Skype room. Looks like Skype doesn't do public rooms like that any more. Is there a room any place where people discuss this method? If not message me on Skype (lopazopy) and I will start a room.

I just started learning fx, so I won't be able to help you. I'm demoing at the moment. I am in the central time zone and look at the EU during the NY open. If you're interested, get in touch with me....I'm looking for a trading buddy
  • #15,344
  • Jul 12, 2010 1:27am Jul 12, 2010 1:27am
Hi All,

Let's see what the market will do...
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  • #15,345
  • Jul 12, 2010 2:02am Jul 12, 2010 2:02am
out with +6pips because of expectancy...
Wash, rinse and repeat...
  • #15,346
  • Jul 12, 2010 2:23am Jul 12, 2010 2:23am
As Feb taught us, let's sit on our hands and wait for swing of 30-40 pips.
Let's wait for his PB, and see if price seems to resume its former high/low
IF all of this occur, THEN I'll pull the trigger with a limit order, in order to be the first in the bus...

After the order triggered, let's babysitte this trade according to expectancy, so to cover our ass.

Let's not forget that losing is part of our agenda, and there will always be an other bus to catch.

Whereever you are Feb, I wish you all the best
Take care
  • #15,347
  • Jul 12, 2010 2:28am Jul 12, 2010 2:28am
Quoting Rocker
As Feb taught us, let's sit on our hands and wait for swing of 30-40 pips.
Let's wait for his PB, and see if price seems to resume its former high/low
IF all of this occur, THEN I'll pull the trigger with a limit order, in order to be the first in the bus...

After the order triggered, let's babysitte this trade according to expectancy, so to cover our ass.

Let's not forget that losing is part of our agenda, and there will always be an other bus to catch.

Whereever you are Feb, I wish you all the best
Take...
Hi Rocker,

Did you pull ?
  • #15,348
  • Jul 12, 2010 2:33am Jul 12, 2010 2:33am
Hi Umbro,

I'm trading Feb's first set up : swing and pull-back and pull the trigger...
I'm not trading every breakout (FCR).

I only wait for a 30-40 pips swing AND ITS PB, and THEN I'll pull the trigger...

It might be long but I want to train myself with this naked chart method...

Cheers
  • #15,349
  • Jul 12, 2010 2:35am Jul 12, 2010 2:35am
EUR/USD and EUR/JPY are both developping their "first swing" in London session.
I'll wait for their PB, and dance with them

Cheers
  • #15,350
  • Jul 12, 2010 2:41am Jul 12, 2010 2:41am
Quoting Rocker
Hi Umbro,

I'm trading Feb's first set up : swing and pull-back and pull the trigger...
I'm not trading every breakout (FCR).

I only wait for a 30-40 pips swing AND ITS PB, and THEN I'll pull the trigger...

It might be long but I want to train myself with this naked chart method...

Cheers
Ok. Keep training yourself. That's the most important thing. Take your time but you need stamina. Expectancy is the other thing... but you already know..it seems to me. Read both the threads, you know and don't give up...keep posting.
  • #15,351
  • Jul 12, 2010 2:42am Jul 12, 2010 2:42am
Quoting Rocker
Hi Umbro,

I'm trading Feb's first set up : swing and pull-back and pull the trigger...
I'm not trading every breakout (FCR).

I only wait for a 30-40 pips swing AND ITS PB, and THEN I'll pull the trigger...

It might be long but I want to train myself with this naked chart method...

Cheers
ok
  • #15,352
  • Jul 12, 2010 2:48am Jul 12, 2010 2:48am
Quoting umbro
Ok. Keep training yourself. That's the most important thing. Take your time but you need stamina. Expectancy is the other thing... but you already know..it seems to me. Read both the threads, you know and don't give up...keep posting.
I've read all Feb's threads.
Actually, I've been trading this Feb's method since last week.
And I found it really good for me. It helped me a lot and gave me a better way to read the market.

And I decided to post all my trades here to keep Feb's thread alive...
  • #15,353
  • Jul 12, 2010 3:10am Jul 12, 2010 3:10am
Before I met your threads, I always felt the "need" to have an order triggered. I always need to be dancing with the market, even if most of time, I was actually the prey...So, I spent my time "hoping" and "hoping". My trades were never "under control". I wanted to chase the market and never got in mind that I could lose a trade.

Then, the "SYSTEM II" opened my eyes. It helped to enter the market when high probabilities occur, BUT IF however the market decide to go in the opposite way, THEN I'll cut my short loss and dance in the new direction, of course, waiting for another set up...

Thanks to you, I'm trading now with the flow, and not with the hope...
I knew all of this before reading SYSTEM II, but your simple words and teaching woke me up...

As you always said, "Good Karma"
  • #15,354
  • Jul 12, 2010 3:27am Jul 12, 2010 3:27am
The "first swing" (London session) (for both EUR/USD and EUR/JPY) are drawn...BUT their PB seem to be too large (more than 60%)

Maybe these swings are out of steam ?

No matter how, cause I'm trying to dance with the market.
If prices resume their former lows, I'll be alert to get a short (with cautious cause the PB were too large...)
But my eyes are heading to north direction now and wait for an up-swing and its PB...

Cheers
  • #15,355
  • Jul 12, 2010 3:36am Jul 12, 2010 3:36am
I hope not to annoy anybody, any reader because of my posts.

I just wanted to put down in words what is happening in my head. I just want to apply all Feb's priceless advices.

And would like to keep this thread alive.

Cheers
  • #15,356
  • Jul 12, 2010 3:56am Jul 12, 2010 3:56am
Short again... Let's see what happens
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  • #15,357
  • Jul 12, 2010 4:07am Jul 12, 2010 4:07am
Quoting Rocker
I hope not to annoy anybody, any reader because of my posts.

I just wanted to put down in words what is happening in my head. I just want to apply all Feb's priceless advices.

And would like to keep this thread alive.

Cheers
very nice you keep this great thread alive.

i wish you al the best and many pips
  • #15,358
  • Jul 12, 2010 4:50am Jul 12, 2010 4:50am
Join the debate ----

http://www.forexfactory.com/showpost...postcount=2122
Dance with the market .. I have two left feet
  • #15,359
  • Jul 12, 2010 5:03am Jul 12, 2010 5:03am
Quoting MJurban
very nice you keep this great thread alive.

i wish you al the best and many pips

TY...
I wish you all the best as well
  • #15,360
  • Jul 12, 2010 5:11am Jul 12, 2010 5:11am
Quoting narberth
Join the debate ----

http://www.forexfactory.com/showpost...postcount=2122

Hi Narbeth,

I'm not here to discuss if Feb's initial method is better than FCR method or not.

To say all the truth, I do think that FCR method is a great trading method and maybe I'll join Fxa one day because I do think every breakout may be the beginning of a runner.

But, for now, I wanted to keep this great thread alive because Feb has showed me a simple but good way to read the market.

Cheers
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