Anyone noticed we have reached page 888. To the chinese, it's very lucky. Let hope it brings us pleanty of luck today ! Lol!

The System II (Yes with irony)

OK, thanks for the feed back. Really appreciate it. It's good to cut out the bad habits early while in training ! Thanks again.

The System II (Yes with irony)

FXA, I have moved my SL to 4397. Do you condider that too close to the heat of the battle ? That's how I have been managing my trades so far but would appreciate your feedback. thanks, B

The System II (Yes with irony)

Bubola, I think that did the trick. You have kicked the market into our direction. Lets see if it can pass the LL, as Jplo pointed out.

The System II (Yes with irony)

Trade update.

The System II (Yes with irony)

Yes, get that attitude in Bubola ! Lol !!!

The System II (Yes with irony)

Gracias Jplo. I have moved my stop to 10 pips above my entry level, so worst case scenario -10 for this trade while having the opportunity to get a runner.

The System II (Yes with irony)

Morning Jplo, I am in at 4399, 3 pips below fcr at 4402. Is it the same with you or are you actually in at 4402. Trying to make sure I am setting my orders right. Regards, B

The System II (Yes with irony)

Anyone else on this short trade ? If yes, would appreciate your rationale. What you did right or wrong. Best way for us all to learn.

The System II (Yes with irony)

Yes, I do understand that. I only just got back to the UK from the far east a few days ago and my body clock is upside down.

The System II (Yes with irony)

Bubola, Your trade is a good example of what FXA explained to us about getting in to catch the reversal early. I should have noticed that FCR but I am a bit slow this morning as I haven't been to sleep yet (been up most of the night watching Asia ...

The System II (Yes with irony)

Bubola, I think you are correct and yes, imho, #1 play for your trade. With mine, because I was later, I had to use #2 which require more watching to see how the price is behaving to minimise loss or to allow it to breathe if it looks like breaking ...

The System II (Yes with irony)

Trade analysis.

The System II (Yes with irony)

Playing defence #2 with this one. Please correct me if I am wrong. Thanks, B

The System II (Yes with irony)

Am in at 4399.

The System II (Yes with irony)

Thanks Jazz. I haven't come to that post yet as I am still reading from the start of thread. I had some inkling what it was from the recent posts since I joined the thread but had not come across the in depth explanation till now. Anyway just closed ...

The System II (Yes with irony)

Lol, single malt I presume.

The System II (Yes with irony)

Ok thanks Elizo. I will go over the set-ups again later to get the names right. I am playing #2 with my long trade. Price is hovering around my trigger line now. Iwill just give it just a little while longer before I pull the trigger to close it if ...

The System II (Yes with irony)

Hope you get better soon. Try my Irish wife's cure whenever I have a cold/flu - Mix about 10 cloves, 4 big heaps (teaspoon) of sugar, a double shot of whisky and some hot water in a mug. Drink it while hot and just wrap up well. Works for me each ...

The System II (Yes with irony)

Short from 4503 just closed at 4516 for -13. Have now switched to the long side at same level. Playing a mini fcr.

The System II (Yes with irony)