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david4u replied Sep 30, 2009moved SL to 4624 — moved my SL to 4624 a few pips bellow the L @ 4628 so my profit is locked now with +10 next hurdle 4644 any comments ? tks david4u
The System II (Yes with irony)
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david4u replied Sep 30, 2009Long 4614 — I am long from 4614 moved my hard SL from bellow 4597 to BE lets see how the retracement will develop and how price will deal with today's H @4644 Do u see any other place to move SL ? Lock profit with X pips ? (10 for example ) ...
The System II (Yes with irony)
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david4u replied Sep 30, 2009Short .....spread — Good morning FX I remember a post , I think by jplo explaning ... that for Long trades we add 3 (buffer) + 2 (spread) = 5 BUT for Short trades we add ONLY the 3 for the buffer w/o the spread Pls advice Regards David
The System II (Yes with irony)
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david4u replied Sep 28, 2009Short Runner 42 pips — Exited too early ? Any comments ? Would u wait for the 1st retracement to develop ? Tks david4u
The System II (Yes with irony)
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david4u replied Sep 28, 2009No indicators ... — Hi TAH Just a chart BUT without indicators Regards David
THV system, final edition
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david4u replied Sep 28, 2009explaining #2.. (Fakeout.. to survive) — Hi I have lot of confusion regarding this point .I know there are no rigid rules.I now it's more like an art .It's a personal preference. It depends also on risk tolerance , etc , etc ,. Let me explain ...
The System II (Yes with irony)
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david4u replied Sep 27, 2009Chat room — Sounds good , we can try it
Can be done easily with ICQ ...(I am not a computer expert) Charts on FF Regards David The System II (Yes with irony)
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david4u replied Sep 25, 2009why not ? — Some persons took this trade and some not . Would like to ask the people that did NOT enter this trade to explain why... We are in a trend continuation , followed by a bracket of almost 2 hours ... 30 min. before London opening (?) ...
The System II (Yes with irony)
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david4u replied Sep 25, 2009S/R Level 1.4666 — Just look how many times the price visited the 4666 level . At the beginning as a res. level , then support and lately res. again . Could have been used as a Reverse point ?
Tks DavidThe System II (Yes with irony)
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david4u replied Sep 24, 2009our job = catch runners — I have a q regarding this trade . Entry @ 1.4731 How to manage the trade ? 1. "normal" exit at the red dotted line after fcr did not hold . 2. as Moneda suggested (I think) @ point 2 , one bar after we saw that point ...
The System II (Yes with irony)
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david4u replied Sep 24, 2009my trades — 4 trades . Must work to improve my exits . +49.5 pips ....which is very good for me . On trade 3 , the runner , I have taken profits along the trade . FX , can you say a word about that ? (partial closing) I know it's not your way ...
The System II (Yes with irony)
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david4u replied Sep 24, 2009Long Only.... post 7009 — FX In your chart I see only a Buy stop order . So you are not looking for a Short even after a few hours of consolidation ? The pattern you drew does not have more chances to resolve in a bearish way ? Tks David
The System II (Yes with irony)
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david4u replied Sep 23, 2009fcr .... mini mini — FX may be you can try to explain why point 1 is a fcr while # is not ? And now ... is we have a BO of A you go LONG but in order to enter SHORT you would like to see a period of consolidation ? Tks David
The System II (Yes with irony)
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david4u replied Sep 23, 2009reverse — IF 4795 is actually the last FCR that means that we are supposed to close our short position and reverse into a LONG one ? OR too early , too aggressive Tks David
The System II (Yes with irony)
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david4u replied Sep 23, 2009last fcr 4795 ? — Is the last fcr 4795 ? Tks David
The System II (Yes with irony)
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david4u replied Sep 23, 2009S/R Level + LND — Good Morning FX Do you look at previous S/R levels ? for example Today's low @ 4784 ? Do you ever set this levels as possible targets ? London opening can be very risky... many times , reverses the trend. Do you tight your SL ...
The System II (Yes with irony)
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david4u replied Sep 21, 2009trade #2 , -25p — Placed a Buy Stop order 4 pips above the fcr @ 4670 . Could not play #2 as there was no retracement to the entry point. Out for SL of 25 pips . Any mistakes ? Should have chosen fcr #3 instes of #2 ? Can you see an early exit ...
The System II (Yes with irony)
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david4u replied Sep 21, 20092 Pending orders .... — The Sell Stop order should be bellow point 1 or it can be bellow point 2 ? The distance between the two is 11 pips ? Don't you think it's safer to wait till we see a BO of 4637 OR we need to be the 1st on the bus , ...
The System II (Yes with irony)
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david4u replied Sep 21, 2009trade 1 — Could not stay at home in the morning . Place a Sell Stop order in case price will break down the 1.4682 . Set a 25 SL & TP . Not very clever from my side as was not able to baby sitter it ... Was lucky to found +25 pips Any comments ...
The System II (Yes with irony)