If I get short - I prefer anything below 1.3340 - probably 1.3335 -

The System III (Oh no!)

New York session is coming. My favorite trade will be a breakout short with a small pullback on five minutes. Short has more room to go than long for sure...but hey, that's my biased opinion.

The System III (Oh no!)

This is pretty much what I am looking for this morning 11/28/2011. 1.3350 area is holding - let's see what happens..

The System III (Oh no!)

Guys. By popular demand I am going to post trades on the system III thread. See you there!

Feb's Trading Journal

At the beginning of this journal, look on the first page post # 9 - I took that trades one was long and I took a big ass fractal down - total was around 3,500 pips in a matter of 3 months or so. Of course, that's a long term trade. I normally place ...

Feb's Trading Journal

Sam Fractals are, a graphical V- formation on the charts. Not necessarily they need to be formed at the levels. About trailing stops, if you go that route, always use an offset like I mentioned before, to avoid get caught in a double bottom/top. ...

Feb's Trading Journal

I see fractals in your trades - ala system I I wish I can tell you otherwise but trades were good. The market was looking for new lows and you got caught up in the middle. The fractal took 3 days to form. Unfortunately, that's how trading is. ...

Feb's Trading Journal

Clockwork. How are you buddy! I see you have a nice run with this thread. How has parenting treating you since what...3 years? man the time goes fast.

Silent Service Method

Yes, levels are everywhere. I know plenty of guys trading on daily charts. I have a girl(18 years old) making a killing there. Actually my daughter is trading on daily charts (simulated) because school and everything.

Feb's Trading Journal

Happy to help. I will do some seminars with camtasia and all that fancy stuff. I'll let you know when ready. The whole idea is to learn how to read the market. Once you get the hang of it, nothing will stop you.

Feb's Trading Journal

One more thing - avoid market orders at any cost - if you have no choice, don't miss the bus. But try to go stop-limit as much as possible. The good thing about market makers nowadays is that slippage is literally non-existent.

Feb's Trading Journal

Dim Alternatively, you can trade off 30 minutes but zoom in to 5 minutes to get a price discount (Sam brought an interesting idea I haven't touch in a long time but I normally do) But if you do this, your bracket must be placed at 30 minutes still. ...

Feb's Trading Journal

Sorry Sam, I repeat myself in the last post. hahahahaha the wine is coming out hahahahahaha comon' it's Friday.....

Feb's Trading Journal

5-10 pips in the direction of your trade in order to avoid a double top/bottom.

Feb's Trading Journal

The offset is to avoid a fakeout or a double bottom/top. This is how you make sure the market show it's true intentions. 5-10 pips in the direction of your trade.

Feb's Trading Journal

Market came back to the level....it happens.....this is where you need to make a call. This trade for me was a break-even trade. It's Friday so,liquidity is getting slim. After all I was profitable this week. That's the idea right? If you look at ...

Feb's Trading Journal

Fake-outs — Look at the charts - here's why you should go blind and trade plain breakouts...... wait for the market to show a hand - and play accordingly...

Feb's Trading Journal

Hey buddy My girlfriend is coming back from Madrid today. Next year I am going so stay in touch. Love to see you around. Maybe we can share some tapas, or some jamon Iberico hahahahaha....

Feb's Trading Journal

long@ 1.3242...let's see how it plays out....

Feb's Trading Journal

Here's some charts as 8:00 AM EST I got stopped last night - I know it was going to be a risky trade but I took it anyway - look at the charts - no much room to go for a long trade. But as long as you keep your risk on check it's ok.ALL TRADES ARE ...

Feb's Trading Journal