Go on, get up there you %%%%%%%%%!!! We want a baaaaammmmmmmm! Edit...no baaammmmm! Trade stopped out for -8

The System II (Yes with irony)

Good morning, evening Fxa bro & gang ! All ready to rumble! Lol !

The System II (Yes with irony)

Trade 4, Fcr long @4130. Wathing LV like a hawk. Ready to close for minimum loss if market doesn't want to play.

Bakuli's Trading Journal

Trade 3 closed for -3. Reason - rejection of LL, price turning away from it. Now awaiting to see if fcr @ 4130 will be triggered. Otherwise, just sit on hands !

Bakuli's Trading Journal

Ahhh..I gave in too but with defensive play..to preserve and fight another battle for that elusive runner.

The System II (Yes with irony)

Closed for -3. Reason Rejection of LL.

The System II (Yes with irony)

Musanto, I see a fcr1 @ 27 (30). They seem to be bunching up - wonder if chop monster is around, lol.

The System II (Yes with irony)

Battle at LV starting to hot up now. This when it starts to play tricks on your mind. We just stay strong and apply defensive plays. OK, I better concentrate on the task at hand. Fight well!

The System II (Yes with irony)

Trade 2 closed for +14 when price took out my SL which was placed below the fcr @4121. Trade 3 fc short 4121 has obviously been triggered. Let the LV battle begin! My risk remains -20 at start of trade but hopefully will cut any fake-outs early ...

Bakuli's Trading Journal

Thanks for the feedback. It's all good to discuss, that way we learn from one another. What I have found working very well for me is, once the trade progresses to the point where they form a fcr and where I can lock in some profit, I would place my ...

The System II (Yes with irony)

In on short side off fcr. Previous trade losed +14

The System II (Yes with irony)

Congrats on your +16 but may I ask why you closed that trade early? I am still in because I am in the hunt for runners (it can happen any time and this could be the one, who knows?). I don't mind leaving some on the table hunting for the runners. ...

The System II (Yes with irony)

Trade 2 update. Moved SL to 4121, 3 pips below fcr @ 4124. 14 pips locked in and also risk free trade to hunt for runners.

Bakuli's Trading Journal

Moved SL to fcr @4121. 14 pips locked in and risk free trade to look for that runner.

The System II (Yes with irony)

Same here. Just waiting for a fcr to form, then will move SL 3 pips below it. In the meantime I am at BE too.

The System II (Yes with irony)

Trade report. Long re-entry at 4107 doing well at the moment. #1 in play.

Bakuli's Trading Journal

Trade 1 in progress. Took a fcr of 4088 but placed buy stop at 4092. Was shaken out , after 80 mins of battle for +3 pips. However re-entered at 4107 (Trade 2) when I saw a resumption of the initial breakout.

Bakuli's Trading Journal

Ok, that's great I have you for company. I was long from 4092 but after a heated battle I chickened out and closed for +3. However when I saw price bouncing back up again, I re-entered with a market order at 4107.

The System II (Yes with irony)

Above indie posted for a member by request. I personally don't use it for my trading which is based on System 2 by FEB, and following FXachillies' plan, which he developed from FEB's ideas/teachings.

Bakuli's Trading Journal

Get up there you %%%%%%%!!! Musanto, by the way I see a new fcr at 4088 (4091) now. Do you see the same?

The System II (Yes with irony)