sure dare. i did one it was a short at 1.3659 should have won but the erratic price movement must have stopped me out.

The System II (Yes with irony)

norwood.

The System II (Yes with irony)

looks too risky to me. im not putting in any other orders except that short for now.

The System II (Yes with irony)

mine is at 1.3659

The System II (Yes with irony)

hey dareXau we are from the same city

The System II (Yes with irony)

haven't started trading yet and i dont think i will as the last 2 days have taught me to recognize when to sit out. looks like this is one of those times.

The System II (Yes with irony)

thats true but i meant that if the conditions are like this for a while as they have been for the last 7.5 hours then chances are it probably wont get better. it might get better but the probability is against you. Just my opinion as i only have ...

The System II (Yes with irony)

I think its important to recognize choppy conditions and not trade them. Ive noticed since starting this method that over trading on choppy days can really kill your profits. Best to leash yourself from "needing" to trade and wait for nice trending ...

The System II (Yes with irony)

took another -7, if my 1.3569 sell stop fails i think ill wait and see if the yankees can bring some nicer price action when NY opens.

The System II (Yes with irony)

choppy day, -7 +5 -7

The System II (Yes with irony)

guys ive been keeping data of these trades, its only a weeks worth but it shows that the winning trades rarely retrace more than 7 pips and usually dont even retrace after the order is triggered so it pays to have tight stops i think. ie. move SLs ...

The System II (Yes with irony)

-7

The System II (Yes with irony)

im also waiting for that one, just hovering above it

The System II (Yes with irony)

trailing stop got hit at +3 pips, re entered sell stop 3 pips below retracement.

The System II (Yes with irony)

nah EURUSD I find it less erratic and more "predicable" sure GBP has larger swings which can give more pips but it also requires larger SL's. It also has a lower spread

The System II (Yes with irony)

broke the sell line, my expectancy is for a large drop like the one on wed. so no TP, just a 20 pip trailing SL.

The System II (Yes with irony)

already short on that one, i figure the rise was an irrational news based jump which should eventually be rectified by the "rational" market.

The System II (Yes with irony)

i think its cause of the NFP today, i have had some trouble today also, but i also have a 7pip SL and my TPs vary between 15 and 40 depending on the nearest pivot point so i can also sustain many losses .

The System II (Yes with irony)

any reason why some of you trade GU and EU at the same time? both have a reasonable correlation, aren't you just double exposing yourselves to the same price movement?

The System II (Yes with irony)

got out at break even too, looks like there is strong resistance based on the last candle's tail.

The System II (Yes with irony)