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- mac1956 replied Nov 20, 2009
Hi Dim, Yup I get your reasoning. There was a HH before that that was formed by four consecutive candles - for me that was a bit of a warning - an old high high which I read as a bracket to be honest even though there was no space between them - a ...
The System II (Yes with irony)
- mac1956 replied Nov 20, 2009
Nice words HR, but don't underestimate the power of your example... hindsight would ahve us all rich! Now we're looking gooooood....#1 fellas... someone let some bulls out - let's hope not enough
The System II (Yes with irony)
- mac1956 replied Nov 20, 2009
Hi DIm, THis feedback given with respect and firendship, and in no sense do I claim to be right - we're all pioneers on this path. Does every blue highlight represent a separate trade? If they are IMHO your trade 1 was inside a bracket and close to ...
The System II (Yes with irony)
- mac1956 replied Nov 20, 2009
GOOOOOOOOOOOOOOOOOOOD MORNING WORLD from the UK. Let's go for a run...

The System II (Yes with irony)
- mac1956 replied Nov 19, 2009
Keep reading brother - you'll get there - like you say it's all in the thread - every detail from start to finish.
The System II (Yes with irony)
- mac1956 replied Nov 19, 2009
Nice words - thanks - you are very fortunate to have got here only after a year. Let's all get rich together buddy and keep passing it on to others like Feb and Fx have done for us just like you say!

The System II (Yes with irony)
- mac1956 replied Nov 19, 2009
Looks good to me - maybe a bit early on the +34 exit - look a the #1 exit - post # 3031 from Fx and I have attempted an explanation on the previous post if that helps. Nice defensive play for -7.... I did exactly the same for the same loss - so I ...The System II (Yes with irony)
- mac1956 replied Nov 19, 2009
Pleasure. The point about #1, and Fx will correct me if I am off the mark here, is that once a trade has delivered between 10 and 20 pips of profit, the pullback is more often than not going to be a semi-fakeout - i.e. it will most times retrace ...
The System II (Yes with irony)
- mac1956 replied Nov 19, 2009
Hi Corona, You did well to get in and out at BE. It was pretty choppy this afternoon and the news session was a warzone - not for the feinthearted. You nearly played #1 in my opinion. You could have taken +7 on the trade and claimed a perfect #1 ...
The System II (Yes with irony)
- mac1956 replied Nov 19, 2009
News time folks - pays to be very careful
The System II (Yes with irony)
- mac1956 replied Nov 19, 2009
Always with respect brother - I'm out with +34....you beat me....this time....was a great ride! First trade of the day...now what next??????
The System II (Yes with irony)
- mac1956 replied Nov 19, 2009
Frist retrace is concrete - then watch what happens at the LL (in this instance) or HH before getting out. There's no shame in +40, but what happens if you get in the habit of doing that? Just my thought - no criticism at all - you banked a tidy ...
The System II (Yes with irony)
- mac1956 replied Nov 19, 2009
Oooooh what happened to stick to the plan? Nice to have the 40 though....
The System II (Yes with irony)
- mac1956 replied Nov 19, 2009
Hope all you new guyz are in this and holding - who's IN this Family trip?
The System II (Yes with irony)
- mac1956 replied Nov 19, 2009
MUsanto baby - you did the right thing - takes guts - the prodigal returns - I raise my coffee to your health and wealth. Look a BREAKOUT - we in a #1 situaaaation already
The System II (Yes with irony)
- mac1956 replied Nov 19, 2009
GOOD MORNING WORLD - LET'S GO FOR A RUN. Normal service seems to have resumed - this is better than CHRISTMAS and Santa has brought Fx down the chimney and he's back under the tree. "Hark the Herald Angel's Sing, Runners come and then ...
The System II (Yes with irony)