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- coronajazz replied Jan 21, 2010
Hi my familia! I took a shot at the BB that FOURX mentioned. Got out with -8. Then I got call from my friend from the capital, who was in my town, I had to go out with him for a coup of coffee and missed the 1-2-3 D train south. My plan for now is ...
The System II (Yes with irony)
- coronajazz replied Jan 20, 2010
Out of the short trade +32. The breakdown was not convincing, but I held on a little bit longer because the rejection was not convincing too, at least until that big bulish candle I got out at. +11 for the day , but I am telling you this the best ...
The System II (Yes with irony)
- coronajazz replied Jan 20, 2010
Yes, Yes Your generous help and patience last few days and especially your guidance on the first trade this morning ringed some bells inside my head Fx. I think I drove the boat in a slightly wrong direction. I am finetuning the course now.Thank you ...
The System II (Yes with irony)
- coronajazz replied Jan 20, 2010
Moving my stop now above the spikey high and sit tight for the news. Hope the PPI (for whatever that means), will blow this market south. And if not. Wash and rinse. P.S Just kidin` about the PPI, I know what it is (at least I think so), I just ...
The System II (Yes with irony)
- coronajazz replied Jan 20, 2010
If I trailed my stop like I would do some time ago, I would have been taken out on that spike two candles ago. But looking at the shape now, it hasnt really formed the way I would like it so to move my stop to it (a V like formation), and it didnt ...
The System II (Yes with irony)
- coronajazz replied Jan 20, 2010
Well BAMMM it is. I am not thinking about banking yet. But sure I am ligthing my cigar
It is a free ride from here on.The System II (Yes with irony)
- coronajazz replied Jan 20, 2010
Stop and reverse order set to 1.4974.
The System II (Yes with irony)
- coronajazz replied Jan 20, 2010
It is stalling now, around the level. Now remember what FX was teaching us this morning, about the next spring.
The System II (Yes with irony)
- coronajazz replied Jan 20, 2010
I am short. A few pips late though from 1.4170. Should of been 4173. It caught me with my pants down (had to go with a market order).
The System II (Yes with irony)
- coronajazz replied Jan 20, 2010
Paid for the short, paid for the long, now it pays to wait for a swing and go 1-2-3.
The System II (Yes with irony)
- coronajazz replied Jan 20, 2010
Fmarcia. I know about those theories, like the price may be exausted from the long run, but I just want to be a Forest Gump here and forget about all I ve learned so far. The direct move from the bottom may also mean that price just want to go ...
The System II (Yes with irony)
- coronajazz replied Jan 20, 2010
Long triggered now 1.4215. BB and G+ of course.
The System II (Yes with irony)
- coronajazz replied Jan 20, 2010
He he From your mouth to gods ears FX. Thanks. Now I welcome the market to give me some more practice material. Long order 1.4215 for the bracket. But alert for the other side too. Maybe 1.4170.
The System II (Yes with irony)
- coronajazz replied Jan 20, 2010
FX! Just one more question about the last trade. Besides the time, does this HL sequence after the entry gives you at least a little heads up, kind of a bias towards where the next spring is gonna be or we are totally neutral, until it happens.
The System II (Yes with irony)
- coronajazz replied Jan 20, 2010
WOW! Well I do not know for you folks. But this was one of the most valuable lessons I ve had. "The spring after price stall". This is a diamond.
The System II (Yes with irony)
- coronajazz replied Jan 20, 2010
Thank you FX. I will pay attention and not comment too much now (keep my mouth shut). I posted my post before I saw your live explanations.
The System II (Yes with irony)
- coronajazz replied Jan 20, 2010
I am still holding. Now I wouldnt let it pass too much above the turning point at 1.4188. But also want to get out if this, or the next candle doesnt break the low at 1.4175. Comments appreciated. I am a newbie.
The System II (Yes with irony)
- coronajazz replied Jan 20, 2010
My orders for this morning 1.4215 long 1.4180 short.
The System II (Yes with irony)
- coronajazz replied Jan 19, 2010
I would bet 160 pips that FXA is still in the short trade!!!

The System II (Yes with irony)