The System III (Oh no!) | Page 49 | Forex Factory

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The System III (Oh no!)

  • #961
  • Oct 13, 2010 4:18am Oct 13, 2010 4:18am
Bulls are pushing long and hard against 1400 wall. I hope they run out of gas LOL..
Peace
  • #962
  • Oct 13, 2010 4:19am Oct 13, 2010 4:19am
Short 3992.... looking at least to 3976.... my SL is about 4006
  • #963
  • Oct 13, 2010 5:08am Oct 13, 2010 5:08am
Death to the bulls!!!!!
Peace
  • #964
  • Oct 13, 2010 5:10am Oct 13, 2010 5:10am
Quoting dim4ik42
Short 3992.... looking at least to 3976.... my SL is about 4006
My target is hit.
  • #965
  • Oct 13, 2010 5:12am Oct 13, 2010 5:12am
Quoting dim4ik42
My target is hit.

Well.... two profitable trades for today.....

I think - may be to have a walk in the city????? lol...
  • #966
  • Oct 13, 2010 5:18am Oct 13, 2010 5:18am
Quoting feb2865
Death to the bulls!!!!!

Brother.... Please.... one comment from you if I can to ask....

Do you find my today's trades in the right path considerung the lelvels trading??? Or I am on the wrong path in whole?????

Just some words of wisdom form you....

What I try to arrive is at least 1:1 Risk-Reward ratio.... Of course if I see 1:2 Risk-Reward - it is even better... I try to not always to give the market to hit my SL.... I try to exit every time a little earlier than my SL. And - I take 1% of my account and devide it to 3-5 trades (how much time I have)..... If I reach my limit (1%) - I close my notebook.

If I did double my today's money - I am out too for the day.... at least what I do is - I still look at the market and like a paper trades...

so - that's it....



Thank you!
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  • #967
  • Oct 13, 2010 5:35am Oct 13, 2010 5:35am
Quoting dim4ik42
Brother.... Please.... one comment from you if I can to ask....

Do you find my today's trades in the right path considerung the lelvels trading???...
I think you're on the right path my friend. Yes the 2:1 ratio or more is what we try to achieve but not always you'll get it.
Peace
  • #968
  • Oct 13, 2010 5:37am Oct 13, 2010 5:37am
I close the trade. I was shooting for 55 but at this point I rather bank some profits and wait to see if we have any other level to play with.
Peace
  • #969
  • Oct 13, 2010 5:39am Oct 13, 2010 5:39am
Quoting feb2865
I think you're on the right path my friend. Yes the 2:1 ratio or more is what we try to achieve but not always you'll get it.

Oh! Thank you!!!!

Your answer will help me to trade with better confident in myself... and will give me more attitude!

This everithing is THANKS TO YOU!!!!! Without your help - I would not be here now....

God bless You, my friend, my brother!!!!!!
  • #970
  • Oct 13, 2010 7:29am Oct 13, 2010 7:29am
Hey Feb...

Thanks for your "system"... loving it...

Could you take a second to see whether you agree with my levels. Seems like they are all around the 00 and 50 levels

thanks in advance...

PS Amazed at how simple you have made this, have been struggling for more than a year going BE for a while, then Losing, then winning but this seems great...
@pawpaw1000 on Twitter
  • #971
  • Oct 13, 2010 7:30am Oct 13, 2010 7:30am
Picture I forgot to post!!!
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@pawpaw1000 on Twitter
  • #972
  • Oct 13, 2010 7:42am Oct 13, 2010 7:42am
Quoting pawpaw1000
Picture I forgot to post!!!
Yes, levels are correct..

You're trading true "price action"

Remember these levels not always hold, but they do very often..
Peace
  • #973
  • Oct 13, 2010 10:14am Oct 13, 2010 10:14am
Quoting feb2865
Yes, levels are correct..

You're trading true "price action"

Remember these levels not always hold, but they do very often..
Thanks mate... was doing almost the same prviously but didn't have my lines properly indicated and started trading out of frustration as I didn't really have enough time per day to trade off the m15 and m5... Think the m30 with pre-set orders if not there could work nicely.

With good MM and RR, it should work nicely
@pawpaw1000 on Twitter
  • #974
  • Oct 13, 2010 10:21am Oct 13, 2010 10:21am
Quoting pawpaw1000
Thanks mate... was doing almost the same prviously but didn't have my lines properly indicated and started trading out of frustration as I didn't really have enough time per day to trade off the m15 and m5... Think the m30 with pre-set orders if not there could work nicely.

With good MM and RR, it should work nicely
A big problem would be not pulling the trigger when you need to. In other words "trigger freeze".

Whenever you see a signal, you MUST take it. No time to think. Some people feel like a deer in the headlights. If you miss the bus, there will be some opportunity lost there = $$$$

Yes you can use pre-set orders - I'll do it all the time.
Peace
  • #975
  • Oct 13, 2010 11:36am Oct 13, 2010 11:36am
I have a long trade now... Hope the level 3950 will hold.... Why? lol... Just because I have a long trade lol.....

Hope also I did place SL oder properly....
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  • #976
  • Oct 13, 2010 11:43am Oct 13, 2010 11:43am
Quoting dim4ik42
I have a long trade now... Hope the level 3950 will hold.... Why? lol... Just because I have a long trade lol.....

Hope also I did place SL oder properly....

Ouch!.... SL hit...
  • #977
  • Oct 13, 2010 12:01pm Oct 13, 2010 12:01pm
unfortunately the logical point of the s/l would be 910.
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  • #978
  • Oct 13, 2010 12:13pm Oct 13, 2010 12:13pm
Another trade is taking....


I trade always with real money... So - this trade is with very little load... just in case. But - I would not like to miss this trade... even if with learning purpose...


I shoot for 1:1.... no more expectations.
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  • #979
  • Oct 13, 2010 11:29pm Oct 13, 2010 11:29pm
It seems bulls broke 1.4000.
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  • #980
  • Oct 14, 2010 1:11am Oct 14, 2010 1:11am
Quoting dim4ik42
Another trade is taking....


I trade always with real money... So - this trade is with very little load... just in case. But - I would not like to miss this trade... even if with learning purpose...


I shoot for 1:1.... no more expectations.
My target hit....
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