Thanks FX, hope the party was good. I think everyone did very well today , the European session wasn`t the easiets but we made some PM`s in the New York session. It was good fun, we had a laugh during a few moments

The System II (Yes with irony)

[quote=moneda;3091096]Paul, I took a shower and feel a bit re-energized so I wanted to comment on your trades... sort of a dialog...hopefully it will benefit both of us and the rest of the gang: Hi Moneda, As promised and now that it has all ...

The System II (Yes with irony)

Hi David I think I can answer, at the time I mentioned ithat price was already quite well up in terms of overnight trend and I always had it in my mind they would want to reverse it at some stage.Albeit , we were in a consolidation as you said. Also ...

The System II (Yes with irony)

Thanks for your comments, actually I will make everyone laugh now, I have had it said by more than one "employer" - what ever that is these days - that this is a sign of weakness(the soft texture that you speak of), lack of aggressivness for the ...

The System II (Yes with irony)

Hereare my trades for today Trade 1 - Played #2 -6 Glad I closed when I did. Trade 2 +1 Others may have closed on the hesitation in price Trade 3 - Well discussed already +32 This one didnt run more but always could have Trade 4 - +32 closed this ...

The System II (Yes with irony)

Ok u too - don`t forget the chart reading over the weekend !

The System II (Yes with irony)

OK thanks. Just out of interst you have marked up the chart but why didn`t you take the short off 89/90 area ? Othewise, the eventual close of the short where you made 24.5 has been discussed already.

The System II (Yes with irony)

Hi Elizo, Don`t beat yourself up ove the 28 + trade. if you had of reversed therewas another 28 and more off the 72 area just above. I think this all comes down to personal style - HOWEVER - read what FX has said about his bottomline and runners, he ...

The System II (Yes with irony)

Fx just came back in sounds like you havin a good time ...

The System II (Yes with irony)

Ok out on the mini miny mo, at 04 +32

The System II (Yes with irony)

OK no problems.

The System II (Yes with irony)

Well done I am holding, pips in the bag now

The System II (Yes with irony)

I dare not even write this,in case I get taken out and beaten up by Fx for going off thread , but there are a fw other ways which i will not mention to see that mini, using price, but we don't talk about them here - not indicators - price action ...

The System II (Yes with irony)

H Elizo, You have it in a nutshell. In fact yesterday was easier for me as no FCR was challenged, price never came against me until right at the end and I gave it one more then it took me out. Now I have never added the pips up as you have done, but ...

The System II (Yes with irony)

Maybe this is also just a personal thing but, price stalling or exhaustion are very iùmportant points. What i saw on the trade was 20 pip down candle and price having trouble to climb the wall of worry - this time it didn't break to the downside ...

The System II (Yes with irony)

Ok out at 58

The System II (Yes with irony)

Hi Moneda Price might even confirm this for us shortly, my stop at 58. It's a very valid argument you are making

The System II (Yes with irony)

Ok price needs to push lower now, then we see how it reacts at the bottom

The System II (Yes with irony)

Ok price needs to push lower now,

The System II (Yes with irony)

Looks like FCR at 55 but price pushing again for the down side. if it fails - maybe DB for example then I am out if, it breaks then I am still in. Stop at 58 FCR +3

The System II (Yes with irony)