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Bakuli replied Jan 29, 2010Hi Musanto, On your chart you wrongly marked out one of the two entries I highlighted to you. I have reposted the chart and have marked the 2 valid entries I pointed out to you as 1 & 2 For trade 1, 123 @ 3962, the maximum drawdown was -12, still ...
The System II (Yes with irony)
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Bakuli replied Jan 29, 2010I am still in from my original 72 short. Good luck with your current short. Seems to be going well in our direction now.
The System II (Yes with irony)
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Bakuli replied Jan 29, 2010So I am not mad after all when I mentioned to Bubola that I could see a V shape in the 3 candle setup,
.The System II (Yes with irony)
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Bakuli replied Jan 29, 2010I love Jelly babies.... Bubola and me entered at 72 off the very small bracket right at the top. I am still in the short trade because so far the LV for our trade is still holding out.
The System II (Yes with irony)
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Bakuli replied Jan 29, 2010I was just thinking what if you take off half position at 1:1 and leave the other half to hunt for runners? Say you use a hard stop of 15 pips. So once we have a break and we are 15+ pips ahead, close half position and let the other half run, with ...
The System II (Yes with irony)
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Bakuli replied Jan 29, 2010Oh dear Bubola. Don't let Mr Market do that to you. I am still in. What I normally do is move the SL to just above the LV line once I have a gain of 15+ pips. That way I immediately reduced my initial risk of 15 pips. So usually I will be risking ...
The System II (Yes with irony)
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Bakuli replied Jan 29, 2010Mr Market was trying to deceive us there to bail out our short. Did anyone bail out ?
The System II (Yes with irony)
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Bakuli replied Jan 29, 2010Some light reading to to kill the time...............enjoy ! The 5 minutes Management Course > Lesson 1 : > > A priest offered a Nun a lift. > > She got in and crossed her legs, forcing her gown to reveal a leg. > > The priest nearly had an ...
The System II (Yes with irony)
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Bakuli replied Jan 29, 2010Lol, I am in with you on that one. Didn't want to post it because I thought it was one of my hallucinated fcr. Don't ask me how but I can see a V shape even in a 3 bar group, lol! I am mad..lol!
The System II (Yes with irony)
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Bakuli replied Jan 29, 2010Hear! Hear! Good one Mac, that's the reality for most people, I would think so but not for the family here!

The System II (Yes with irony)
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Bakuli replied Jan 29, 2010Yes Dim, the move started during asia. I was actually awake then and was in a short trade before that fcr. My short was taken out at that fcr level but I didn't put in place the buy stop which I normally do. Never mind, can't catch them all!

The System II (Yes with irony)
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Bakuli replied Jan 29, 2010Gosh, it's so boring waiting for that fcr to get in. Can somebody post something interesting for us to read while we wait? Anything ? Please!

The System II (Yes with irony)
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Bakuli replied Jan 29, 2010Brother Fxa, looking forward to that. I am very interested to learn how to hold on to positions for long term.
The System II (Yes with irony)
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Bakuli replied Jan 29, 2010Thanks Bubola. That's helpful in my fight against hallucinated fcrs, lol.
The System II (Yes with irony)