The System III (Oh no!) | Page 31 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Lusan Journal III 156 replies

Eas under construction III 24 replies

Azzity's Trading Journal III (Azzity's 3/30 Trading Method) 9 replies

forexnoob101's journal - part III 8 replies

Would you trade this system? New system #2. 10 replies

Attachments: The System III (Oh no!)
Exit Attachments

The System III (Oh no!)

  • #601
  • Aug 23, 2010 8:23am Aug 23, 2010 8:23am
Quoting arkan1976
Ok, I close in 2701, i´m very happy, thank you Dim !!

Is my best day trading in more time !
But - is your reward at least as much as your risk was in this trade???
I mean - did you get your 1:1 RR?
  • #602
  • Aug 23, 2010 8:24am Aug 23, 2010 8:24am
Quoting dim4ik42
But - is your reward at least as much as your risk was in this trade???
I mean - did you get your 1:1 RR?
Yes i get 8 pips and my stop was 6 pips.
  • #603
  • Aug 23, 2010 9:03am Aug 23, 2010 9:03am
Friends, interesting moment for go short ?

Attached Image (click to enlarge)
Click to Enlarge Name: trade.gif Size: 39 KB


personally i´ll open a short trade if this candle close bearish, RR now is 1:1.5
  • #604
  • Aug 23, 2010 9:06am Aug 23, 2010 9:06am
Quoting arkan1976
Friends, interesting moment for go short ?

Attachment

personally i´ll open a short trade if this candle close bearish, RR now is 1:1.5
Well... try it if it would work! We cannot know before if the trade will be loosing or profitable.... We have no choice but to try it every time when set-up comes...
  • #605
  • Aug 23, 2010 9:14am Aug 23, 2010 9:14am
too late ...
  • #606
  • Aug 23, 2010 9:36am Aug 23, 2010 9:36am
nice opportunity for long
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 14 KB
  • #607
  • Aug 23, 2010 9:55am Aug 23, 2010 9:55am
Quoting dim4ik42
nice opportunity for long

Well - this opportunity failed... Let's wait for another chance!

what I see now is this:
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 14 KB
  • #608
  • Aug 23, 2010 10:14am Aug 23, 2010 10:14am
hi dim, are thinking in short ?
  • #609
  • Aug 23, 2010 10:50am Aug 23, 2010 10:50am
Well.... I am short now... will see what it will give to me - profit or loss...
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 15 KB
  • #610
  • Aug 23, 2010 11:10am Aug 23, 2010 11:10am
Quoting dim4ik42
Well.... I am short now... will see what it will give to me - profit or loss...
My short got loss.... Wait for next opportunity...
  • #611
  • Aug 23, 2010 11:48am Aug 23, 2010 11:48am
sorry, bad luck ...

The problem that I see is how to know waht is the correct target ...
In the next picture, i´m going long, but i see 3 possible obstacles before the final objective...
The white lines.

Attached Image (click to enlarge)
Click to Enlarge Name: trade.gif Size: 83 KB
  • #612
  • Aug 23, 2010 1:29pm Aug 23, 2010 1:29pm
Quoting arkan1976
sorry, bad luck ...

The problem that I see is how to know waht is the correct target ...
In the next picture, i´m going long, but i see 3 possible obstacles before the final objective...
The white lines.

Attachment
As you can see - I took the same trade long too....

Regarding targets - I place almost the same as you.... but - i will look at the developing of the trade... May be I will move SL close to BE if price would go closer to the target... May be I will take profit earlier than the target if i see price reversal.... I would try to get out of this trade at least 1:1... or BE, or almost BE... I am not sure in this phase of the trade.... But - I have several scenarious in my head....
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 16 KB
  • #613
  • Aug 23, 2010 1:51pm Aug 23, 2010 1:51pm
Dim , I wanted to comented you one thing. If in less time frame has more noise, why don´t use 4 hours ? I know that is more slow, but you can use 4 o 5 pars.
  • #614
  • Aug 23, 2010 3:40pm Aug 23, 2010 3:40pm
Quoting arkan1976
Dim , I wanted to comented you one thing. If in less time frame has more noise, why don´t use 4 hours ? I know that is more slow, but you can use 4 o 5 pars.
if you remeber - trading is flexible.... My choise is 15 min TF.... I cannot wait too long to find my trades in 4 hr TF sometimes I do confirm my levels at 30 min TF. This is my choice. You can look at 4 hr TF... This would be your choice.... Trading is F L E X I B L E my friend.... You do choice what do you like!
  • #615
  • Aug 24, 2010 2:04am Aug 24, 2010 2:04am
Levels - how I see them now. I could be wrong... remember it
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 15 KB
  • #616
  • Aug 24, 2010 2:39am Aug 24, 2010 2:39am
my long trade
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 14 KB
  • #617
  • Aug 24, 2010 3:08am Aug 24, 2010 3:08am
Brothers and Sisters!

I want to share with you some pdf-book... I made it from posts of feb2865... Here are all the posts from System III thread, and - some additional advices from feb2865 which I did find on different forums in the internet....

I found those additional advices more than just useful for me. Hope - it would be useful for you too!!!
Attached File(s)
File Type: pdf The System III.pdf   878 KB | 1,128 downloads
  • #618
  • Aug 24, 2010 3:38am Aug 24, 2010 3:38am
Quoting dim4ik42
my long trade
I still have this long position.... it was near my SL already.... but.. I took a chance and not closed it.... now - it looks more better

My target is around 2653
  • #619
  • Aug 24, 2010 3:57am Aug 24, 2010 3:57am
Goog morning Dim, I wiss you luck with the trade, it seems good !

Thank you for the pdf.
  • #620
  • Aug 24, 2010 4:06am Aug 24, 2010 4:06am
Quoting dim4ik42
I still have this long position.... it was near my SL already.... but.. I took a chance and not closed it.... now - it looks more better

My target is around 2653
Ok! I did close my trade with the 1:1,3 RR

At least - in profit
9 traders viewing now