Good morning Dim, Musanto & rest of the gang ! Happy hunting today. I started a bit earlier, lol ! Couldn't sleep so I watched the Asia session. Managed to catch the drop. Still in , after I had a little hiccup with the imaginary fcr (see my post, a ...

The System II (Yes with irony)

You certainly won't find it in any books ! These terms were coined by our brother Fxachilies (The trading Plan here is all his work based on our mentor Feb's teachings) to describe the various set-ups we use and the defensive plays we use to ...

The System II (Yes with irony)

Real FCR and Imaginary one !

The System II (Yes with irony)

Well that last trade didn't last too long. It wasn't a fcr after all ! Cost -10 pips to find out. Now back on to the short side., on a 123 continuation set up.

The System II (Yes with irony)

Risky Trade. A borderline fcr but I taken it as a reversal set-up. edit - The fcr I mentioned above was just an hallucination ! It wasn't there because there should have been a more defined loop or V shape to it.

The System II (Yes with irony)

Nice drop ! Bracket breakout.

The System II (Yes with irony)

See you tomorrow. Nice trades !

The System II (Yes with irony)

See you tomorrow ! I just woke up from my cat nap, lol!

The System II (Yes with irony)

[quote=coronajazz;3399050]Bakuli! Is this you? I see you sit on your hands, but, be careful man, you may accidently put some order with your nose!!!! [/quo And it'd be right on the nose to catch that runner! Lol!

The System II (Yes with irony)

zzzzzzzzzzzz

The System II (Yes with irony)

With you there on the orders.

The System II (Yes with irony)

Am going to do an aggressive trade here, going in with a 123D @4133. Just waiting to see if it will get triggered. Edit. Lol! The set-up has disappeared once more, ping, pong, lol!. Ok, am going to follow Dim's example and wait for the BB trades, ...

The System II (Yes with irony)

Ouchhhh!!! Lol! Looks like our 123 has become more a BB.

The System II (Yes with irony)

Hi Gang, was away so miss some of the fun here! Now waiting to get into the market with a 123D at 4162. Any takers there? Edit - set-up no longer valid, market gone back down - a bit of ping pong going on at the moment. Ok, just watching to see what ...

The System II (Yes with irony)

Dim, just saw your post. It's all good man. I am not sure why you got that impression, lol! I am smiling as I type this, lol! Catch up later, I have to go out now. Back later. Good luck

The System II (Yes with irony)

Yeah, I read that too. For this trade (by the way, I am out at BE - got me by 1 bloody pip! lol!) I was weighing up the pros and cons. If I moved my SL in my usual manner, I would have got taken out at 4173 (so would have netted +14 from my long at ...

The System II (Yes with irony)

After reading my revision notes, I decided to be more aggressive and moved my SL back to BE, risking all the pips I have won for that big runner. So guys, I am still in on the long side. Sorry we are in opposing sides now but hey! it ...

The System II (Yes with irony)

Just did a bit of quick revision on my notes about #1 play . What it says is that it's all about preference. I have 2 choices here A) Preserve - Bank upon 1st HH/LL failure. or B) Go for a runner - set SL below level line and sit tight for more ...

The System II (Yes with irony)

Sorry about asking for feedback. Am now reading up on my revision notes for the Offensive/Preserving #1 Play.

The System II (Yes with irony)

Am parked there 3 pips below the FCR. I have been doing that all the time with the runners. Not sure too if I am too early to move the SL there ? Any feedback much appreciated.

The System II (Yes with irony)