Ok, I would say that is too close, that was my point, need to give it room as price will pull back, then try again for the low

The System II (Yes with irony)

Classi #1 will be when it stops pulling back and tries again for the low at 20/30 and then fails to break lower - maybe double bottom for example - and starts to turn up, you exit there if it fails. if it doesn't you get in the queue for the bank

The System II (Yes with irony)

Where did u enter ben ? There may be a pull back which takes you out at that level

The System II (Yes with irony)

Still holding !

The System II (Yes with irony)

what, how ? euh ?explain ? we never got anywhere near challenging your entry price of 73 if thats where u were ? Explain a bit for me brother ? I am trying to help you, yu should still be sitting short getting ready to 'go form a queue down at the ...

The System II (Yes with irony)

feline if you are at 73 stop should be BE+1 now; expect some sort of a pull back - and don't panic when it happens - even more important don't let Mr market take ur money

The System II (Yes with irony)

Hi Mac, OK - you came out because price just stalled presumably on that long ?

The System II (Yes with irony)

What 73 ? Looks like u r going to the bank shortly - remeber as Fx says though this is already the second part of the move...... u know what that means

The System II (Yes with irony)

Thought everyone was short no ? From 89

The System II (Yes with irony)

OK. See price ow at 74 and pushing to go lower, who knows what will happen, if he fails it's a perfect #1 and I close if he goes lower I stay on board.

The System II (Yes with irony)

feline maybe its a good idea to go through last weeks charts print them out and mark up where you see play #1 and plqy #2. Add you exit points and write on your charts why etc etc It's just repeat , repeat , repeat and of course if you do old charts ...

The System II (Yes with irony)

OK fine, but re my example price is now pushing to the downside again, to the 79 area , it it gets below the low fine maybe we have a runner if it fails, we thn look to lay the #1 exactly as the diagram, this wil be classic #1. Stop will be at BE ...

The System II (Yes with irony)

Hey feline if you are trading now take a look live this is breakout from 90 down to 75 and pull back to 88 just in front of entry point. Do yu have an idea of what you will be playing here ? And where the stop will be ? trying to help you here.

The System II (Yes with irony)

Hi feyline, Maybe I can help. Look at the play 1 and play 2 diagrams. Obviously not every play 1 or play 2 is the same. Important thing to remember is to decide which one you will play. As Fx said this morning there are no fixed pip delimiters which ...

The System II (Yes with irony)

Morning Moneda, you haven't missed very much so far.

The System II (Yes with irony)

With you again, JPLO I took +1 (For landlord ) on the Long. he needs to be paid remember LOL

The System II (Yes with irony)

Long from 92 - holding

The System II (Yes with irony)

u still long that one FX, nice trading man, ready for the upside blast of if it comes !

The System II (Yes with irony)

Yes Fx I would agree, doesn't matter whether its Pivot clusters over different time frames, FIb clusters or anything else, for that matter, that is all seconday stuff, the price shows us what we need to know, with the very clsoe nature of the FCR's. ...

The System II (Yes with irony)

Hi Guys I would like to make an observation about the FCR's getting closer and closer together within this consolidation period. I can't post charts from here but see the A,B,C consolidation example fx put up the other and his explanation of the ...

The System II (Yes with irony)