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The System III (Oh no!)

  • #1,201
  • Feb 25, 2011 7:09am Feb 25, 2011 7:09am
My current trade is going well... My SL is now near BE. Will look closely to where I can bank my profit... (at which area)....
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  • #1,202
  • Feb 25, 2011 7:29am Feb 25, 2011 7:29am
Quoting dim4ik42
My current trade is going well... My SL is now near BE. Will look closely to where I can bank my profit... (at which area)....
Take Profit is reached. One loss and one win today.
  • #1,203
  • Feb 28, 2011 9:35pm Feb 28, 2011 9:35pm
Decided to change my template.
Purple lines are weekly.
Green/red dots are daily plotted by fractal indicator.
Red - h4. The edge.
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  • #1,204
  • Feb 28, 2011 9:55pm Feb 28, 2011 9:55pm
Without calculation the accuracy of thees lines about 80% which means that in 4 times out of 5 price would show some action at the lines.
Thus below are the list of signals in no particular order.


1.Price bounced from the line. Better if it penetrates line by 25 pips and returns back.

2. Price touches the line and starts slowly retracing from forming V formation.

3. Sometimes price is forming range area exactly on the line. Probably better to leave this thing alone.
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  • #1,205
  • Mar 2, 2011 9:49am Mar 2, 2011 9:49am
Bounced from daily fractal.
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  • #1,206
  • Mar 16, 2011 3:11am Mar 16, 2011 3:11am
Hi guys;

can anyone be kind enough to post the System III pdf again as the one previously posted does not open and give a message that the file is corrupted and could not be fixed.

Thanks a lot in advance;

Seb
  • #1,207
  • Mar 16, 2011 7:36am Mar 16, 2011 7:36am
Quoting seboileroom
Hi guys;

can anyone be kind enough to post the System III pdf again as the one previously posted does not open and give a message that the file is corrupted and could not be fixed.

Thanks a lot in advance;

Seb
it's working for me, try this.
Attached File(s)
File Type: pdf The System III.pdf   878 KB | 1,555 downloads
A woman drove me to drink, and I forgot to thank her
  • #1,208
  • Mar 16, 2011 9:45am Mar 16, 2011 9:45am
Hi everyone,
Anybody have some news about feb here?
  • #1,209
  • Mar 16, 2011 12:13pm Mar 16, 2011 12:13pm
Quoting simpleguy
it's working for me, try this.
Hi simpleguy; your file is working, million thanks for your help.

See u around;

Seb
  • #1,210
  • Mar 22, 2011 2:35am Mar 22, 2011 2:35am
Morning, traders!

Here is my current short trade. I use 4239 area as a reference for my short trade, because it was an exhausting area yesterday for the market...

I want to post my trades here at this thread becuase I want to keep this thread alive! This is a true diamond among of many others threads...


Good luck to you!
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  • #1,211
  • Mar 22, 2011 3:25am Mar 22, 2011 3:25am
Quoting dim4ik42
Morning, traders!

Here is my current short trade. I use 4239 area as a reference for my short trade, because it was an exhausting area yesterday for the market...

I want to post my trades here at this thread becuase I want to keep this thread alive! This is a true diamond among of many others threads...


Good luck to you!
Bail out... not going to my side.
  • #1,212
  • Mar 22, 2011 6:09am Mar 22, 2011 6:09am
another trade short... possible bounce off 50-level.
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  • #1,213
  • Mar 22, 2011 7:57am Mar 22, 2011 7:57am
Quoting dim4ik42
another trade short... possible bounce off 50-level.

take profit hit...
  • #1,214
  • Mar 23, 2011 9:04am Mar 23, 2011 9:04am
Quote
Quoting dim4ik42
take profit hit...

Hi dim4ik42;

thanks for posting your trades and keeping this thread alive. This just so you know that your posts are being read and your trades monitored.

Seb
  • #1,215
  • Mar 30, 2011 2:43am Mar 30, 2011 2:43am
Hello traders!

Here is my current long trade.

Hope it will make some dough for me... lol

Good luck!



P.S. - remember feb's words - "The idea is for you guys to start looking at the market as it is...a big-ass auction where price is the only consideration invloved."
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  • #1,216
  • Mar 30, 2011 3:26am Mar 30, 2011 3:26am
Quoting dim4ik42
Hello traders!

Here is my current long trade.

Hope it will make some dough for me... lol

Good luck!



P.S. - remember feb's words - "The idea is for you guys to start looking at the market as it is...a big-ass auction where price is the only consideration invloved."

TP hit....
  • #1,217
  • Apr 25, 2011 8:49pm Apr 25, 2011 8:49pm
Hi there, I like this thread.

I trade off pivots, round numbers, and s&r mainly on the lower t/fs and have a desire to move up to the H4/dailys to save PC time.

Its taken me a long time to get this far but ive made a lot of progress this this year.

Its been hard to avoid indys as many have been thrown my way but ive always believed that "price action" off a naked chart is the future for me and what I want to do. Hell I enjoy it and want to master it.

I have seen an indy based PA method which works along the same lines, but im determined to trade without the indicators such is my want.

I have read through most of System 11 and this one and it suits my style. I have also see more opportunities arise, ie the breakout.

This now means that if

a) price fails/holds at the pivot or other key area I can trade off this

or

b) if a key level is breached I can take the breakout.

Ive attached couple of charts that show some interesting levels and how they, piviots in particular are obeyed.

Cheers

ST
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" Dont wait for your boat to come in ..... swim out and meet it"
  • #1,218
  • Edited 6:43am Nov 28, 2011 6:41am | Edited 6:43am
This is pretty much what I am looking for this morning 11/28/2011.
1.3350 area is holding - let's see what happens..
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Peace
  • #1,219
  • Nov 28, 2011 6:51am Nov 28, 2011 6:51am
New York session is coming. My favorite trade will be a breakout short with a small pullback on five minutes. Short has more room to go than long for sure...but hey, that's my biased opinion.
Peace
  • #1,220
  • Nov 28, 2011 7:14am Nov 28, 2011 7:14am
If I get short - I prefer anything below 1.3340 - probably 1.3335 -
Peace
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