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Bakuli replied Jan 20, 2010Market tried to shake out the weak ones earlier. I have moved my SL to BE now to protect my position. Would like it to drop further before I start to trail it with the fcr's. I presume all those movements must have been as a result of news but to be ...
The System II (Yes with irony)
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Bakuli replied Jan 20, 2010Nice fcr trade there. In with you. Will write more later, watching the market like a hawk. Trade well my friend. Good to have you for company.
The System II (Yes with irony)
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Bakuli replied Jan 20, 2010Watching PA like a hawk at LV. Testing the LV now, full battle going on. Finger on the ready to bail out but will give this one a good fight. Mental stop is at 10 pips below the LV ie at 4106. Trying to emulate FXA here (see his live trade lesson , ...
The System II (Yes with irony)
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Bakuli replied Jan 20, 2010Short from 4175 taken out by trailing SL for +56 pips. Now in a Long trade - 4119 Bracket break. #2G
The System II (Yes with irony)
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Bakuli replied Jan 20, 2010Welcome Sjalas. Just came across your post and I can see it's your first one too. You've come to the right place to trade pure PA. I think you will find that nobody here trading the plan sets a TP. If you do, then you have totally misunderstood the ...
The System II (Yes with irony)
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Bakuli replied Jan 20, 2010Hi Gang, I am back ! Lol! I wasn't asleep but was away in London with some friends. Just got back to some juicy pips from my risk free position. Great to see everyone getting paid for their patience and sticking to the PLAN !
The System II (Yes with irony)
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Bakuli replied Jan 20, 2010Shaping up well. I've moved my stop to BE as I got to go take a shower (going out soon). Good luck everyone !
The System II (Yes with irony)
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Bakuli replied Jan 20, 2010Yes Jazz but be brave, lol! It is playing with our minds, trying to shake out the weak ones.
The System II (Yes with irony)
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Bakuli replied Jan 20, 2010Thanks Dim. This is what I learned from the family here. Has made a tremendous positive change to the way I trade, esp the defensive plays.
The System II (Yes with irony)
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Bakuli replied Jan 20, 2010Retraced to test breakout zone. Stay strong gang, don't let it deceive us. We have our defensive play to protect us.
The System II (Yes with irony)
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Bakuli replied Jan 20, 2010Shaping up well. If you're in, think " runner" ! If it doesn't turn out to be one, no worries, wash, rinse & repeat. Don't let the retrace deceive you easily. Am using defence #1 now.
The System II (Yes with irony)
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Bakuli replied Jan 20, 2010Just watching the battle at the LV now. Finger on the ready with #2G !
The System II (Yes with irony)
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Bakuli replied Jan 20, 2010OK in the other way instead, break to the downside.
The System II (Yes with irony)
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Bakuli replied Jan 20, 2010Setting up a risky fcr2 at 4195 (trading inside the bracket). Small loop, maybe some people won't consider it but I do trade them.
The System II (Yes with irony)
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Bakuli replied Jan 20, 2010Going for a 123D at 4174. #2G Edit - order cancelled. Set-up didn't materialise.
The System II (Yes with irony)