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feb2865 replied Mar 21, 2010I will always have the deepest respect and admiration when someone like Kenn can express himself so properly...my hats off to you brother!!! Listen guys, just to summarize things - on many occasions and if you read someone who posted on system 1 ...
The System III (Oh no!)
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feb2865 replied Mar 21, 2010Thanks a lot guys for your support!! It really makes me not only happy but more willing to help you out the best I can!!!!

The System III (Oh no!)
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feb2865 replied Mar 20, 2010I read your post three times and the only advice I could give is to switch to daily/ check your trades when Oanda clears...I believe is 10PM EST and trade levels accordingly. About trading on S/R levels, don't use an arbitrary number like 50 pips or ...
The System III (Oh no!)
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feb2865 replied Mar 19, 2010if the market keep that roll we could have a long play for Monday...still the bar is too short to tell.....the big guns are heading for the Hamptons!!! but maybe the punch clerks are ...well...punching orders for next week...I normally keep an eye ...
The System III (Oh no!)
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feb2865 replied Mar 19, 2010i am long, to find a better entry i switched to m5 chart, but maybee it is a bit to far, maybee m30 or h1 gives more room to the trade what do you think?[/QUOTE] Probably, but I will hold for a bit - It's Friday and I have a funny feeling the market ...
The System III (Oh no!)
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feb2865 replied Mar 19, 2010I am still clearing my orders via futures. I use Oanda or interbank for charting.
The System III (Oh no!)
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feb2865 replied Mar 19, 2010The market got to 3535 area. now I feel more at ease going long of course once the market show it's hands.... The trade could go over next week...
The System III (Oh no!)
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feb2865 replied Mar 19, 2010I would prefer to go long on the last arrow I have on the charts - that's a clear level in my opinion. You can still trade the breakout , no problem with that. Just make sure you have the foot on the brake...I would rather wait but that's my ...
The System III (Oh no!)
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feb2865 replied Mar 19, 2010it's 3:51 AM EST - ready for London Market. I can't see a clean-cut level - the last one formed about 8 hours ago. Althought I am favoring long I am still on hold. There's not a clear winner. The only levels I can find are not clear. Look at the ...
The System III (Oh no!)
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feb2865 replied Mar 18, 2010Thanks tubguy! - that's definitely a life saver....
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feb2865 replied Mar 18, 2010Scalping is a generic word. Some people say it's going heavy loaded looking for small moves...that's not right. Anyway, the only way you can be successful in this style of trading is looking at actual price like a DOM or something... I am officially ...
The System III (Oh no!)
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feb2865 replied Mar 18, 2010oh you have no idea brother but I tell you on me, healthwise, I can't handle the stress that comes with scalping no more!!! I just place my limits/stop etc and literally walk away from the screen....so hard but I guess I have no choice.. So far is ...
The System III (Oh no!)
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feb2865 replied Mar 18, 2010Yeah, I think I'm moving up a notch to 4hr chart.
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feb2865 replied Mar 18, 2010OK I see a lot of selling pressure against 3647 area - Still I'll be cautious into take that breakout. As you can see on the charts, the next level is pretty close. I would take the trade but with my foot on the brake just in case. Anyway the market ...
The System III (Oh no!)
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feb2865 replied Mar 18, 2010Here's a 4hr chart - pretty much straightforward. Nothing fancy, using the same market observation on support and resistance. I pick 4hr chart 'cause I been kinda busy this week, but so far it's working good. Trade was placed yesterday morning.
The System III (Oh no!)
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feb2865 replied Mar 17, 2010need to read my post even some of my older ones from system I and II. About logic, that's something you need to figure out. I put a blueprint for trading. Read the first posts on this thread and you will get the hang of the logic I use for trading. ...
The System III (Oh no!)
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feb2865 replied Mar 17, 2010welcome to the thread brother!!! Trying to escape from the scalping monster !!!! so far going good.... come back anytime and lay down your wisdom dear friend!!!!
The System III (Oh no!)
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feb2865 replied Mar 17, 2010I think due the nature of your work you should move to a higher timeframe...maybe 4hr or could be daily...I am personally looking at 4hr as an alternative.... My problem is more emotional than anything else. I need to be use to higher time frames as ...
The System III (Oh no!)
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feb2865 replied Mar 13, 20103)US session. If I am up by UK session I work both... 4) no the rest has been already answered in the thread and some of my older posts from other threads.
The System III (Oh no!)