Sorry — Ok guys, teachers... everybody. I failed you: out for +22 pips. Not an excuse, but this makes me be on green numbers for today and I must admit I did not like the behaviour failing to make new highs for the previous candles. I AM 75% ...

The System II (Yes with irony)

Ok, I am long on this one from 89... Price could have some hesitation or not... but you have to play #1 on this: Price retraces even to entry point or more, but then show the true colour. In my humble opinion, you are cashing just for +5 and ...

The System II (Yes with irony)

WHY?

The System II (Yes with irony)

Long as well from 89.5 ...

The System II (Yes with irony)

Ok, clarifying things is always great, especially when stated with a lot of respect. Now, back to business, which is why I am here: 2 little FCRs formed very next: one at 79, the other one at 73. I guess if we will catch the bearish bus it's better ...

The System II (Yes with irony)

Did you hold it, Paul? One question if I can... when it came back to around entry point how was your rationale there, if you remember?

The System II (Yes with irony)

Agreed. However, this was a top class one in my humble opinion, since retrace came back to the entry point and did it in a very nasty way. But you are right, again... stick to the plan, no fear to losses, IF...THEN and #1 & #2 dance...

The System II (Yes with irony)

There you go... so someone has to pay for the mistake. Now, seriously talking, the worst deal I have done this week by far. Chicken, chicken, chicken...

The System II (Yes with irony)

I am afraid it's too early, but my finger exited for +5... he did not see speed or rythm here but just hesitation and probably the formation of a broader bracket.

The System II (Yes with irony)

Long at 25 now.

The System II (Yes with irony)

Good moning all, unfortunately, I agree with you. You exited for -10 when your SL was, say, 8 pips away from that point? Being bracketed, the most typical thing is the pair to go to the upper boundary and then come back to test the new lows (playing ...

The System II (Yes with irony)

Spaniards rule!

The System II (Yes with irony)

Looking forward — I guess you guys are now looking to get long above 34 (+spread and +3 pips, obviously) but... would you resume shorts below current lows? Too risky IMO. Don't like to take that continuation bet unless we stall for a while on ...

The System II (Yes with irony)

Still in... moved my SL to 34 to lock up +20 pips and will probably enter long if this turns around Edit: grrrrrrrr stopped out at +20.6

The System II (Yes with irony)

A little of cold mind in the middle of the heat... — First of all, thanks FX, for your efforts. This is the most peaceful and funny way of trading I have ever seen. Riding the bear now, so comfortable awaiting for the retrace and playing #1. ...

The System II (Yes with irony)

The more it bounces on the highs at 70s, the more I consider that 55 bearish bus as a valid one...

The System II (Yes with irony)

Makes totally sense. Actually the reason why I posted this deal is exactly that one: to open the dialog about advantages and disadvantages of this. I agree that is not the best opportunity to test the waters. Thanks.

The System II (Yes with irony)

Czesc, Darek Out now, I could keep it a little bit more but this was the plan I drew for this trade so... sticking to it.

The System II (Yes with irony)

Thanks for your view, Moneda. Actually, I didn't like the way it was rejected as 73. I am out at +7.3 pips. Maybe the mistake has been to get out so quickly, but I stick to my plan: if it doesn't break the upper boundary, I will be out. I keep on ...

The System II (Yes with irony)

A different view... — For what it worths... Maybe I am too early here, but I am riding the bullish bus. I entered at 58 after breaking what a I call a mini FCR, but inside boundaries and after making a HL. My rationale is that market will go ...

The System II (Yes with irony)