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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)

  • #15,581
  • Edited 3:49am Sep 9, 2010 3:37am | Edited 3:49am
Just Bailed out -10


Edit: should of stayed in, but didn't like speed it was coming back at me.
  • #15,582
  • Edited 4:19am Sep 9, 2010 3:51am | Edited 4:19am
SL moved to BE now that it has reached +20 from my entry at 2698. Let's hope this turns out into a run.

edit . Locked in +10. Still in full load
  • #15,583
  • Sep 9, 2010 4:12am Sep 9, 2010 4:12am
In, last minute, I canceled ,
and entry 123 type of the last swing at 1.2712
Just tp half at 1.2735,
still half more to go

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  • #15,584
  • Sep 9, 2010 4:48am Sep 9, 2010 4:48am
lv 2709 for sell.
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  • #15,585
  • Sep 9, 2010 4:55am Sep 9, 2010 4:55am
Quoting Bakuli
lv 2709 for sell.
I still holding it ,
You sacrificing a runner ?
  • #15,586
  • Sep 9, 2010 5:13am Sep 9, 2010 5:13am
Quoting Musanto
I still holding it ,
You sacrificing a runner ?
I am still in long from 98 full load. SL at 2708. The sell stop is just in case price decides to go south. Anyway I have to cancel my sell stop as I am about to leave for work.
Good luck for today.
  • #15,587
  • Sep 9, 2010 5:56am Sep 9, 2010 5:56am
Quoting Stoffer
Just Bailed out -10


Edit: should of stayed in, but didn't like speed it was coming back at me.
patient my friend.
may be you want to know why I was canceled my long,

The reason is,
I need the market to show it's hand in other direction.
See the downside is 70 + pips, so I wait for the upside swing.
I took a chance, it could swing and I missed the bus.
I don't care, I'll wait another trade if I missed.
  • #15,588
  • Edited 6:21am Sep 9, 2010 5:58am | Edited 6:21am
Quoting Bakuli
I am still in long from 98 full load. SL at 2708. The sell stop is just in case price decides to go south. Anyway I have to cancel my sell stop as I am about to leave for work.
Good luck for today.
smart,
yes, I'll leave the screen, doing something else.

Have a nice day
  • #15,589
  • Sep 9, 2010 12:33pm Sep 9, 2010 12:33pm
.................
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  • #15,590
  • Sep 10, 2010 2:30am Sep 10, 2010 2:30am
Quoting Maverick23
.................
Nice trades Maverick!
  • #15,591
  • Sep 10, 2010 2:37am Sep 10, 2010 2:37am
Good morning. Just wanted to post a chart of a set-up that I just missed due to waking up late by a few minutes!!! I tend to look for my set-ups from 8 am onwards (London open). This was a BB trade off lv 2692, so my entry would have been at 2697. I am disappointed I missed it but never mind there are plenty more to come, so don't go chasing after it!
Attached Image (click to enlarge)
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  • #15,592
  • Sep 10, 2010 2:56am Sep 10, 2010 2:56am
Quoting Bakuli
Good morning. Just wanted to post a chart of a set-up that I just missed due to waking up late by a few minutes!!! I tend to look for my set-ups from 8 am onwards (London open). This was a BB trade off lv 2692, so my entry would have been at 2697. I am disappointed I missed it but never mind there are plenty more to come, so don't go chasing after it!
Your level is a magic to me.,
how can it always right ?
I usually need to test fcr all over it to get it right,
before I found a swing entry.

I'm in the first fcr short, and manage to get out with -10 pips,
and in again for the 123 long,
still ride on, not much only 1/6 of total.
The other I shared taking profit at +20 , +30

here is the chart.
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  • #15,593
  • Edited 3:34am Sep 10, 2010 3:23am | Edited 3:34am
Quoting Musanto
Your level is a magic to me.,
how can it always right ?
I usually need to test fcr all over it to get it right,
before I found a swing entry.

I'm in the first fcr short, and manage to get out with -10 pips,
and in again for the 123 long,
still ride on, not much only 1/6 of total.
The other I shared taking profit at +20 , +30

here is the chart.
Attachment

Good morning Musanto,

Nice trades!

My levels are not magic but just basic system 2 set-ups. I do get a lot of fakeouts too but I find that if I stick to the same set-ups and keep trading them repeatedly, I end up with positive pips in the long run.
This morning's set-up was viewed as a bracket (or box) by me ie a period of consolidation (I have marked it on the attached chart). I would then normally have my buy and sell stops outside the box and wait for the breakout.

Bak
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  • #15,594
  • Sep 10, 2010 3:39am Sep 10, 2010 3:39am
Quoting Bakuli
Good morning Musanto,

Nice trades!

My levels are not magic but just basic system 2 set-ups. I do get a lot of fakeouts too but I find that if I stick to the same set-ups and keep trading them repeatedly, I end up with positive pips in the long run.
This morning's set-up was viewed as a bracket (or box) by me ie a period of consolidation (I have marked it on the attached chart). I would then normally have my buy and sell stops out the box and wait for the breakout.

Bak
Good morning Bakuli,
Thank you for the explanation,
I don't dare using system 2 without examine the swing.
  • #15,595
  • Sep 10, 2010 4:41am Sep 10, 2010 4:41am
Bakuli, Musanto and all who posted recently. I like to read your posts.
Thanks.
Now I'm looking at the box too.

Umbro
  • #15,596
  • Sep 10, 2010 5:01am Sep 10, 2010 5:01am
My current trade. Let's see...
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  • #15,597
  • Sep 10, 2010 5:16am Sep 10, 2010 5:16am
It's Friday. Slow volatility but it's raising. Let's see if I have a chance to pay tomorrow hangover with this trade.
  • #15,598
  • Edited 5:47am Sep 10, 2010 5:34am | Edited 5:47am
Quoting umbro
It's Friday. Slow volatility but it's raising. Let's see if I have a chance to pay tomorrow hangover with this trade.
Hi,
welcome back Umbro.
I go long on the last fcr.,
ready for reverse to short if swing low broke (blue line)
here is the chart,

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  • #15,599
  • Sep 10, 2010 6:10am Sep 10, 2010 6:10am
Out -9. Thanks, Musanto. I'm done for today. Good luck to you ! See you next week.
Umbro
  • #15,600
  • Sep 10, 2010 7:48am Sep 10, 2010 7:48am
Come back any time brother,
My long stopped out -12
Now short, let's see

here is the chart, this ain't zilion dallor trade
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