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Bakuli replied Jan 21, 2010The FCR offers the earliest and least risky entry. Majority of my trades are based off them and it has helped me alot. I keep it very simple and just keep testing it and I don't bother with news. I always have a hard stop in place whenever I enter a ...
The System II (Yes with irony)
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Bakuli replied Jan 21, 2010Thanks. Yes, that's the big secret !
Seriously, I really believe that we can "skin" the cat in many different ways with the same plan. I was a failing trader before I came across FXA's plan. What really changed for me is that I have applied the ...The System II (Yes with irony)
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Bakuli replied Jan 21, 2010We are usually on the same signals but I think maybe the news may have influenced decisions a bit. Need you to do that song for me now that you're flat. Thanks, B.
The System II (Yes with irony)
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Bakuli replied Jan 21, 2010The important thing is you stuck to your PLAN. The way I look at it is that the plan presented to us is flexible. We just have to find our own way of working it once we have spent the necessary screentime and experimenting with how we identify the ...
The System II (Yes with irony)
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Bakuli replied Jan 21, 2010Looks like an FCR being born! Going to set up my buy stop and move my SL there once the set-up is more in shape. wait & see. Just following my plan, how I have been trading the strategy the past 2 weeks. Any opinions ?
The System II (Yes with irony)
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Bakuli replied Jan 21, 2010I moved mine to 3 pips above the bracket, locking in +9 pips profit. I think the bracket should act as sufficient barrier for my trade. If it breaks then I am happy to be out of the trade. Let's see how it pans out.
The System II (Yes with irony)
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Bakuli replied Jan 21, 2010Personally, I would just follow the same trading plan once I am in a trade. I just trail it with the protective stops. at the fcr's or spots which I think is just away from the heat. I don't even check the news (call me foolish
) but trade purely ...The System II (Yes with irony)
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Bakuli replied Jan 21, 2010
market must have heard me and starting to show signs of life !The System II (Yes with irony)
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Bakuli replied Jan 21, 2010We have been sideways for just over an hour now. Good to have the forum here to help us stay focussed and stop our finger from being trigger happy!

The System II (Yes with irony)
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Bakuli replied Jan 21, 2010
Cor ! It's so boring, I am about to fall asleep! Common Mr Market, get your ass down there now ! I am not asking you, I am telling you !

The System II (Yes with irony)
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Bakuli replied Jan 21, 2010Have moved my Stop to BE just above the fcr, same place as you. Though I have no locked in profit at this stage, I now have a risk free trade!
The System II (Yes with irony)
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Bakuli replied Jan 21, 2010Totally agree with you there if I am waiting to get into the market.
The System II (Yes with irony)
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Bakuli replied Jan 21, 2010Hi K, You have come to the right place for serious trading in a very , happy relaxed atmosphere. We help each other here to stay on course. By the way if you're thinking of re-entering into the current short trade, don't (friendly advise)! IMHO, I ...
The System II (Yes with irony)
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Bakuli replied Jan 21, 2010I usually am quite sharp with it ie setting up my orders as the set-ups appear. But I think I got carried away this morning with the battle at LV coral for the long side, lol! We live and learn from our mistakes to make ourselves better. You and ...
The System II (Yes with irony)
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Bakuli replied Jan 21, 2010Opps, didn't see your last post when I posted my question. Anyway would still be nice to know your reason even though you admit it was a mistake. We all can learn from our mistakes. Cheers buddy.
The System II (Yes with irony)
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Bakuli replied Jan 21, 2010Hi K, May I ask why you got out at BE just to understand the reasoning? Are you in off the 123D ? or much earlier like Bubola and Fmarcia?
The System II (Yes with irony)
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Bakuli replied Jan 21, 2010Nice spot there, that's where I would have parked my SL had I got in earlier with you guys. I am in late so watching like a hawk but looks like it's going to give us a baaaammmmmmm soon.
The System II (Yes with irony)
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Bakuli replied Jan 21, 2010We're in with Bubola on the same bus now ! She is in driver's seat though. Come on drop you sweet little thing! We want a baaaammmmmmm please!
The System II (Yes with irony)