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moneda replied Sep 8, 2009Fx, No problem bro, just trying to add a few morsels to the table....I double checked on the daily and the last time that price was above 1.4450 (+ -) was December 18th.

The System II (Yes with irony)
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moneda replied Sep 8, 2009Hello, A picture is worth a thousands words.
The System II (Yes with irony)
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moneda replied Sep 8, 2009En0x, Sorry, let me correct myself.. since December... Feb has mentioned in the past that it is not a bad idea to take a look at the big picture even if you are trading noise like we are. I would not consider this a major move... well actually it is ...
The System II (Yes with irony)
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moneda replied Sep 8, 2009Good morning to all, Hell of a nice ride folks!... this is what is all about
... catching the breakout of a long consolidation that started yesterday and riding the bus until it runs out of gas. When price takes off like this one does not ...The System II (Yes with irony)
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moneda replied Sep 7, 2009Hey Feb, What a day eh? How about taking the 1-2-3 setup at the start of the London open with a couple of chances to pick up between 15-20 pips before NY and watching reruns of that nice borinquen mamita
from CSI for the rest day of the day! ...The System II (Yes with irony)
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moneda replied Sep 7, 2009Fx, Bro, I have no bone to pick with your success nor the contribution you have made with the FCR... your are correct in many ways it is a mini 1-2-3... I don't subscribe to the notion that the 1-2-3 is inferior....just a different way to "skin the ...
The System II (Yes with irony)
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moneda replied Sep 7, 2009en0x, Maybe time to play ping pong(per Feb)...

The System II (Yes with irony)
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moneda replied Sep 7, 2009Fx, I don't know what is going on but this is my third attempt replying to your comments... I think that the program does not like my comments inside your quote...ok, here I go again..! the way i understand it is that your saying in this particular ...
The System II (Yes with irony)
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moneda replied Sep 7, 2009jplo, Hmmm.... ok, if you look prior to the spike, price broke a consolidation and dropped then reversed direction and broke through the previous high with the required speed and momentum... this all happened around the time of the London open so in ...
The System II (Yes with irony)
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moneda replied Sep 7, 2009Hola jplo, A comment if I may.... in this particular entry one can say by watching price action that you what you have is a new swing and perhaps the basic 1-2-3 (wait for the pullback and enter the continuation) would have been the way to go. ...
The System II (Yes with irony)
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moneda replied Sep 6, 2009Andrew and others, You may want to consider that for the most part Feb recommends that the best time for trading his approach is during the London and NY sessions. You will also find that that the first few hours of each session are usually the best ...
The System II (Yes with irony)
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moneda replied Sep 6, 2009I have just one question if I may and this concerns the exit . If you see my chart I have given two examples: the first is what I am doing, which is closing on hesitation during a significant pulback and then attempt to go higher, the second gives ...
The System II (Yes with irony)
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moneda replied Sep 4, 2009FX, Nice analogy.... however.... don't forget what happened to Adam and Eve!
seriously though....use your equity(money management correctly) so can survive the rotten apples. ThanksThe System II (Yes with irony)
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moneda replied Sep 4, 2009[quote=davidb;3023590]Guys, I’m not a great poster but today I’ve got toothache and it’s making me arsey so here goes......... Davidb, An excellent post.... please, let us not forget what our goals are here..... to make money, to learn, to help ...
The System II (Yes with irony)
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moneda replied Sep 3, 2009Hello to all, I keep seeing newcomers to this thread jumping right into the entrails of the chop monster!
... If, and that is a big IF you venture into this approach instead of waiting for the basic 1-2-3 taught by Feb2865, you need to be ...The System II (Yes with irony)
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moneda replied Sep 1, 2009Paul, You have the most clear and easy to interpret charts around! One question..... did you enter short after trade #6? the fcr @ 143.10 would have been a dandy . I know that your hard stop had been hit @ 143.14 and maybe your trigger finger was a ...
The System II (Yes with irony)
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moneda replied Sep 1, 2009Boys and girls, Fx could not have put it anybetter... Feb would be proud to have this man to carry the torch!
Make those three points your mantra: *IF and THEN..meaning, taking every shot..pulling the trigger..sand theory ...The System II (Yes with irony)
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moneda replied Sep 1, 2009[quote=fxachilies;3011043]ok I am back guys, Moneda, I played that short trade the same as andrew.. as it is the right thing to do.. i entered on the first opportunity fcr 4357.. exited at 4361 for -7.. then reentered at same fcr and due to me being ...
The System II (Yes with irony)
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moneda replied Sep 1, 2009Andrew, Great minds think alike!
Not sure if it would have the FX seal of approval but given that my spread is only .9 pips it may be worth a try with certain situations.The System II (Yes with irony)
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moneda replied Sep 1, 2009Good morning to all, Fx, I have a question regarding your fcr.... If you look at the chart you will see that we could have taken the fcr short @1.4354 and after the next three candles price stalled and formed a new fcr @ 1.4344 which coincides with ...
The System II (Yes with irony)