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moneda replied Aug 31, 2009Paul, I agree with you totally... I am glad to see that more people are sharing their perspectives and experiences. I am tickled to see the spirit of cooperation that exists in this thread... Good luck to all

The System II (Yes with irony)
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moneda replied Aug 31, 2009Fx, Just got back and read your enlightening posts... You are right we are on the same page and newbies need to read the whole thread in order to have the perspective that some of us have.... Keep on trucking my friend!

The System II (Yes with irony)
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moneda replied Aug 31, 2009Hello to all, Fx, I think that your fcr approach has proven to you and others that it works...I use it at times..... my point is that I think it is beneficial to this thread to show some contrast to the hypertrading that you use with the more basic ...
The System II (Yes with irony)
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moneda replied Aug 31, 2009Hello to all, The main up swing is between 1.4257 and 14300. Price has been ranging within these 43 pips since and the question that I ask myself is whether to wait for a clear breakout of the original swing or play the action between the high/low ...
The System II (Yes with irony)
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moneda replied Aug 28, 2009en0x, IMO, trying to figure out candle patterns on a 5min timeframe is very unreliable...dont forget your are trading noise...

The System II (Yes with irony)
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moneda replied Aug 28, 2009Fx, I fully second the above statement....please, we know fx, we know that he is a very good trader, we know that his contribution to this thread is priceless.... but
....you are not fx... Put you own brand/style on your trading... Good luck ...The System II (Yes with irony)
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moneda replied Aug 28, 2009Hello to all, No, I have not but I when I can get out of a losing trade and only loose a few pips or breakeven... for me that is almost just as sastifying as making a profit... it confirms that if I can control my loses..the rest will take care of ...
The System II (Yes with irony)
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moneda replied Aug 26, 2009enOx, We are all wired a little different here or there... figure out a way that helps you deal with the fear/greed you are confronting.. even if it means cutting your profits short at the beginning until your practice helps you build confidence in ...
The System II (Yes with irony)
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moneda replied Aug 26, 2009en0x, Be kind to yourself... u did pretty good.... u can always re-enter the continuation after the pullback or a new fcr. U can not get rid of emotions.... acknowledge them, take a deep breath and re evaluate the situation... Good luck.

The System II (Yes with irony)
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moneda replied Aug 26, 2009enOx, That is a minor fcr.... too close to the swing low @14307.... imo... a bit more risky. Good luck
The System II (Yes with irony)
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moneda replied Aug 25, 2009FX,
You liked that one eh?.... you must be a poker player! Maybe the market will show us its hands after the news. Good luck to allThe System II (Yes with irony)
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moneda replied Aug 25, 2009Good morning, Be patient guys....the river card is coming around 8am NY.

The System II (Yes with irony)
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moneda replied Aug 24, 2009Good morning, Something to think about..... when the fcr is that close to the LL of a bracket... maybe is better to wait for the breakout short instead. We will see

The System II (Yes with irony)
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moneda replied Aug 24, 2009Good morning to all, Guys, it does not get better than what you are witnessing through the eyes of FX!.... He points to the door but you still need to walk through it with your own legs! Ask lots of questions and practice, practice, ...
The System II (Yes with irony)
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moneda replied Aug 20, 2009Fx, Very nice explanation of support and resistance... I agree that it is not predicting... is more like a bigger picture of the question "IF and WHEN".

The System II (Yes with irony)
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moneda replied Aug 18, 2009un6oitil, I am going to give you the benefit of the doubt and assume you have not read this thread because otherwise you would not be suggesting the use of any indicators... Please if you think that you have a better way to trade .....Start your own ...
The System II (Yes with irony)
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moneda replied Aug 17, 2009Hello to all,

......patience....market will reveal its true intentions.....eventuallyThe System II (Yes with irony)
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moneda replied Aug 14, 2009en0x, Here is another picture...hope it helps...line will be your trigger(long)

The System II (Yes with irony)
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moneda replied Aug 14, 2009Hello to all, Today, atm... price action is a bit spikey...up and down but with a steady down movement atm... I have been nibbling 5 pips at a time just for fun.

The System II (Yes with irony)