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The System II (Yes with irony)

Hi Spear, Welcome. I am with you on that one. Mr. Market doesn't want to play ball yet. I am still in but have moved my SL to minimise my risk. Playing #2G defence with this trade. Cheers, B

The System II (Yes with irony)

I think I better shut up and let the boss speak.

The System II (Yes with irony)

Don't like the PA. Moved SL to 4406 (5 pips above LV) to protect. risk reduced to 8 pips from initial 20. Now it can do what it wants.

The System II (Yes with irony)

Taken out for +2. Now reversed, on short from 4398 (bracket trade or fcr 1? )

The System II (Yes with irony)

At the risk of being shot, hung and quartered, I have attached an indicator to help you from getting square eyes (staring at the screen all the time) . Basically what it does is give off a sound alert when a certain level is touched. That ...

The System II (Yes with irony)

Trade update.

The System II (Yes with irony)

A risky ?FCR1 I took earlier. The battle is still on around the LV line. Have moved SL to 5 pips below to protect. Risking 8 pips now for this trade. Could this be the start of that elusive runner ? Who knows? If it's not, wash, rinse and repeat ! ...

The System II (Yes with irony)

Good morning all ! Hope all have been well rested and ready for the beast!

The System II (Yes with irony)

Good night ! (afternoon here in UK, lol). I am listening to FXA's advice. Will try not to peep at the laptop from my bed. Lol. catch you guys/gals later. Be safe,

The System II (Yes with irony)

Point taken. I have done most things but don't think I have tried nos 3 yet! Wonder if the wife will let me put the laptop by the bed side . On a serious note, I don't normally stay up all night and all morning. My body clock has gone up the creek ...

The System II (Yes with irony)

Well, out for -10. Looks like Mr.Market doesn't want to play ball today. Going to sit on my hands now. Trades from start of Asia session till now - (-5, +3,+15,-3,-9,-16,-11,and -10 = -36 . Overall, it's been a good learning experience, taking all ...

The System II (Yes with irony)

Bailing out if market goes back to 4870 for a -10.

The System II (Yes with irony)

Hi Ready, I think that long at 4380 is called a FCR1. It's a reversal set-up. Perhaps one of the seniors can give us feed-back here. Is it a 123D or FCR1 ? Anyway, whatever it is called, it's a valid set-up, lol! Are you still in ? B.

The System II (Yes with irony)

Jazz, are you still in ? I am still in, watching it very closely. My stop is just below the fractal at 4368 (4365)

The System II (Yes with irony)

may have a FCR1 at 4380 (4377). Buy stop set at 4380.

The System II (Yes with irony)

Thanks FXA, we needed that time out and reminder (kick in the butt!).

The System II (Yes with irony)

Thanks Jazz. Will keep that in mind. I was taken out of that short for -16, ouch !was slow on my defence on that one.

The System II (Yes with irony)

Actually I think it is a continuation set-up as I missed the (?) fcr1 at 4382 (- 3pips = 4379). That would have been a better entry but I missed it in the heat of the battle. Still a lot to learn.

The System II (Yes with irony)