How's your expectancy metre?

The System II (Yes with irony)

Post 3973 for # 1 +2 but it's pretty important to read the entire thread to get the subtleties - no substitute for it.

The System II (Yes with irony)

Much better than getting stuck inside a choppy bracket - BB exit it is...

The System II (Yes with irony)

Long at 14778

The System II (Yes with irony)

Price seems to be straddling the high of two days ago... 755 ish. Might test above 766 or below 743. Don't like the middle much. LOng order at 14779, short order at 14738

The System II (Yes with irony)

I have an order for short ar 741 off this latest fcr.

The System II (Yes with irony)

Did you trade it?

The System II (Yes with irony)

Have you heard of sleep? Lol

The System II (Yes with irony)

This thread went very quiet yesterday afternoon and stayed that way...spooky.

The System II (Yes with irony)

Too right - they are the only compensation. It's hard work this trading lark. I have so much respect for the pro's now who make money for teh banks - they earn every penny of their bonuses. The stress of working with millions must be unbearable.

The System II (Yes with irony)

London went well - NY went pear shaped.

The System II (Yes with irony)

Trades for today. Pleased with early trades and then 7 got me - whereas I'd been cautious when the price rebounded earlier, this gave me no time and never returned towards my entry point. Anyway +22.5 for the day, but like a bad round of golf...if ...

The System II (Yes with irony)

I believe... short at 14682 - think I got a bit too keen here - fcr not formed....bollocks! Out with +1 and setting up a good entry!

The System II (Yes with irony)

Take two - mine for the day so far - WAHOOO!!! Sl at BE - now I'm gonna let this pan out for a while ......I've taken the +19.5...that'll do for me...

The System II (Yes with irony)

I did something a bit stupid actually - I bailed for +2 and when the price came back I thought it might just have another go at the HH so I re-entered using the same fcr at the same price. When it failed I bailed again for a +2.

The System II (Yes with irony)

I did - 14705 and sat out the retracement - which was greater by far than 50%. Thankfully it gave me a chance to exit +4. Now long at 14729 and aware of the previous high at 14736. I'm gonna get out if it rebounds any further. Out +2 - don't like ...

The System II (Yes with irony)

You're right. I did notice it, but because it pulled back as far as it did I discounted it and waited for the next one. But actually it makes sense that it really reinforced it. More subtle tools in the toolkit. Thanks I appreciate your help.

The System II (Yes with irony)

Excellent thank you.

The System II (Yes with irony)

Forgive me for asking you to clarify - I think there are differences in the levels between charting programmes so here is my chart. I just want to make sure I have the best entry point for my own learning. I coloured the high that I think you took ...

The System II (Yes with irony)

Morning all from the UK - Fx been taking my name in vain already - lol - Andrew - how did you get in at 06? My order was at 10. Did you take the high (4702) after the first touch of that double bottom at 4692?

The System II (Yes with irony)