Nice Rant.

System 2 (AUD trading)

what was your thinking when you moved your stop?

The System II (Yes with irony)

what an interesting array of enteries - I am in at 81 and now playing a #1 exit.

The System II (Yes with irony)

Answer to the question how to stick to the plan — It is not easy because the mind has developed its own mechanism for making decisions that one has to overcome in order to be successful at any endeavor that has risk associated with it. ...

The System II (Yes with irony)

I am out of here - have a meeting - good lessons tonight. Good job chris

System 2 (AUD trading)

Good point -

System 2 (AUD trading)

yep - good news for me was I didn't hesitate to exit when it formed

System 2 (AUD trading)

out at BE - reload - Chris the advantage of taking the first FCR gives you more room to breath

System 2 (AUD trading)

time to see if 9211 holds as support

System 2 (AUD trading)

Next hurdle

System 2 (AUD trading)

So am in with a long - see what happens - will be playing a G2 for my deense and a #1 for my offense

System 2 (AUD trading)

Maybe - nice strong candle forming shall see it it can keep its momentum

System 2 (AUD trading)

I am going to wait for the break of the upper bracket - may cost me a few pips but I like the more conservative play this early in the session.

System 2 (AUD trading)

now do I wait for the break of the other side - if it happens or take the fcr2 trade at 9190? 9 pips can be a lot on this pair -

System 2 (AUD trading)

so given what I said - my short is 9171 - only 5 pips difference and the market has time to figures itself out

System 2 (AUD trading)

relook at the chart - what I see is that the big drop happened after a low was established and then the retrace for a 123 entry

System 2 (AUD trading)

Chris — I am thinking about this - quite often it seems that price moves after the open and then does either a retrace or goes to the other end of the bracket. So I am thinking it may might be better if I don't take the first BB trade after ...

System 2 (AUD trading)

I will be able to trade with you for a couple of hours today.

System 2 (AUD trading)

thanks Iak - — Appreciate the better defined stop loss strategies.

The System II (Yes with irony)

2G+ or G+ or what ever you want to call it - is a defensive stop loss that preserves your capital and gives you control instead of having the market control you. It was introduced by the great and wonderful FX on a post a couple of weeks ago - Since ...

The System II (Yes with irony)