Fxfan, Perhaps you can include a chart(s) to show us how you are incorporating Feb's sytems.... the say a picture is worth a thousand words...

The System III (Oh no!)

Good morning(est) Price action continues to dance within a 150 pip range... You have several options at hand....one of them is to wait for a breakout out of this consolidation. Whatever one decides to do, the key to all options is Risk Management. ...

The System III (Oh no!)

Good morning, My limit order @ 3525 was triggered during the Tokyo session only to be taken out at .3485... I don't like to trade blind but it was a low load and as long as I don't fall into the pray and hope trap.. no problem. Psychologically, ...

The System III (Oh no!)

Yes, of course.... ... In order to keep it simple, I will wait for a breakout and a confirmation before embarking on a long. Good luck

The System III (Oh no!)

Good morning to all, This is what I am looking at....keep in mind that this is a 3hr. timeframe(Oanda). As far as support/resistance the one that I am paying any attention to is the 1.3800 area. Today we are looking at some consolidation...price is ...

The System III (Oh no!)

Well I finished the week pretty much even..took some shots long that did not work out.... Feb my friend take care and be well. Don't forget where I live so pm or email with your progress. Thanks

The System III (Oh no!)

Hello, Woke up to this upswing on the eur/usd..... will wait for a possible pullback and a continuation beyond the 1.3400 area before going long.....or do we have a ping pong effect... the big IF and THEN is in place.

The System III (Oh no!)

Feb and others, Yep...you guys were right on...long around 3460 was chum money for the sharks.....at least my load was lighter than usual.. Let me get the blood stains off and repeat...

The System III (Oh no!)

Hello to all, Well...lost 50 on a buy @ 1.3346 my stoploss was @132.96..price rebounded @.3384 ..... Have another buy order above .3460... with a comfortable load and more breathing room.

The System III (Oh no!)

Feb, Thanks for the alert...simple and useful....

The System III (Oh no!)

Hello to all, Well out for about 50 ....saw some resistance and decided to exit ....maybe premature but....oh well, cant complain about it....always easier in retrospective.. I should have not looked at the noise in lower timeframes when exiting... ...

The System III (Oh no!)

Feb, Thanks for the heads up.... I have my stop loss below 134.50 .....we will see ....

The System III (Oh no!)

Feb, Yes, much more comfortable..enjoy the juice of the 5min but realistically speaking...I am better off trading longer timeframes. I am not willing to give so much of my life to a monitor.... I will play poker for the juice!

The System III (Oh no!)

Feb, Sitting on my hands is where Iam at although I am looking for a long around the 1.3500 area... we will see. As always Mucha Salud amigo

The System III (Oh no!)

Elizo, Thanks my friend, just getting back into the battle... hope you are doing well and getting some sleep!

The System III (Oh no!)

Feb, I hear you my friend.... this will give you more time for tostones, a cold one and other pleasurable things! tl Can I thank you one more time for all that you have helped me with my trading and outlook on life? Ok....THANKS!

The System III (Oh no!)

Feb, 4hr timeframe must feel like watching paint dry for you!.... But you know what? I am right there with you... I am going to give it a try too. My work and other issues seem to cry out for a less stressful approach. This will be a way to ...

The System III (Oh no!)

Hello to all, Closed my first short for 125+ my second for 90+ (see my chart). Now I can buy that cup of coffee and a McMuffin! This will give me some cushion for future losses. Best to all,

The System III (Oh no!)

tghf, My main focus is using support and resistance. I take chances based on what I see. Whether is a continuation of a swing, a bounce, a breakout out of consolidation or a new swing.... it makes no difference to me. I control and accept my losses ...

The System III (Oh no!)

Feb, It is I who welcome your generosity....glad to know that you are feeling better... Anyway, my initial short @ .3754 is now a free ride. My second trade @ .3720 may bite my arse but I am keeping a short leash on that one...it could drop like a ...

The System III (Oh no!)