100 could be a good short but my take on the market is going to be stalled to 8:30 news...this is why I didn't take the short...

The System III (Oh no!)

Yes I am in EST...... I am on hold until 8:30 to see what's up.....Probably will take the other side of the news move.....maybe...I'll let you guys know.

The System III (Oh no!)

we're having a busy morning today. I advise all of you to use lighter load today just in case.

The System III (Oh no!)

A big problem would be not pulling the trigger when you need to. In other words "trigger freeze". Whenever you see a signal, you MUST take it. No time to think. Some people feel like a deer in the headlights. If you miss the bus, there will be some ...

The System III (Oh no!)

Yes, levels are correct.. You're trading true "price action" Remember these levels not always hold, but they do very often..

The System III (Oh no!)

I close the trade. I was shooting for 55 but at this point I rather bank some profits and wait to see if we have any other level to play with.

The System III (Oh no!)

I think you're on the right path my friend. Yes the 2:1 ratio or more is what we try to achieve but not always you'll get it.

The System III (Oh no!)

Death to the bulls!!!!!

The System III (Oh no!)

Bulls are pushing long and hard against 1400 wall. I hope they run out of gas LOL..

The System III (Oh no!)

A rocky morning so far - still short.

The System III (Oh no!)

A valid point..

The System III (Oh no!)

for the record I wanted to short @95 - this time Oanda charts got frozen. It was on my side I need to clean my disk more often LOL..

The System III (Oh no!)

I don't endorse system II anymore. I made a mistake to mix my scalping techniques with a medium-range trading. There's a post I made around Dec 2008 that I explain why I am pulling myself away from the thread. This is where the whole thread changed ...

The System III (Oh no!)

short@91 looking for 55

The System III (Oh no!)

actually I wanted to short @45 but I got in late. Whenever is a 00 or 50 level I use a 5 pips space for entry and cover..

The System III (Oh no!)

00 AND 50 were like magnets this morning...I got screwed earlier in 3800 but then it hold pretty well.....not bad but hey you lose some and win some more....

The System III (Oh no!)

target 05 reached...rocky morning for me pretty much. Still under for a small percentage but at least happy I could recover some of the lost profit. Let's see what happens next.

The System III (Oh no!)

short@41

The System III (Oh no!)

looking to short @50 if the market gets there..

The System III (Oh no!)

we have FMOC @ 2:00

The System III (Oh no!)