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DareXau replied Aug 4, 2009e/u — ... I'm about to close the last trade, have enough of this ugly game today. I don't remember of such a tight range: top 1.44439 bottom 1.43672 makes 76.7 pip; if divided by 24, that's less then 3.2 pip per hour Exited on B/E
The System II (Yes with irony)
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DareXau replied Aug 4, 2009e/u — OK, ...back to trading, ... 00's again, this is fourth time, two winers, one break-even and this going ... well, so far
The System II (Yes with irony)
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DareXau replied Aug 4, 2009FOURX, you see my reply just above, there isn't much to add to it. Re: preaching a methodology, You simply mixing things together and I don't know why. On another hand I don't really care ... why or for what reason. I'm happy with this "system" as ...
The System II (Yes with irony)
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DareXau replied Aug 4, 2009FOURX — ... maybe if my win/loss ratio was other way around, than it's so far I probably would be more concern about pushing a panic button often, but ... it isn't So, negative 10 instead positive 20 ... once in blue moon are not gonna make me ...
The System II (Yes with irony)
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DareXau replied Aug 4, 2009-jo- — My previous post #3319 was directed to FOURX, but anyway the consistency of the entries is very important and mixing them has a misleading outcome, because if trade goes wrong you're not going to be able to asses the problem. For that ...
The System II (Yes with irony)
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DareXau replied Aug 4, 2009Yes, it's about expectancy, I've been reading this more then five times already ... it's good. That's why there is my question, because in this particular post is nothing to suggest about giving-up the trade prematurely; unless your understanding ...
The System II (Yes with irony)
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DareXau replied Aug 4, 2009Sorry -jo-, I don't understand, what made you to exit that early? The price was steadily making L/H & L/L, almost did touch the target; reversed now and reached entry level again, but for me there isn't anything to worry yet. If the adjusted ...
The System II (Yes with irony)
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DareXau replied Aug 4, 2009... 'cos I'm so b u s y trading today, by the way short just triggered
The System II (Yes with irony)
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DareXau replied Aug 4, 2009I'm with you on this one, long @1.4409 20/21 ... little change of the plan, going in brackets ...
The System II (Yes with irony)
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DareXau replied Aug 4, 2009Ha, ha, ... you smartass. Sorry that's my fault, I wasn't looking properly, just by reading text, I had a false impression about different timing.
The System II (Yes with irony)
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DareXau replied Aug 4, 2009Yes, we had entry at the same price, but my entry was much later on then yours. So, it's similar trades, but very different too. Well, going back to the question; this is scalping, so I expect a trade to finish whit-in one hour - London session or ...
The System II (Yes with irony)
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DareXau replied Aug 4, 2009I know, ... the problem is I've never done this when scalping, maybe always has to be that first time ... but the range is to narrow, ... maybe reduce a stop/target to 10/11 ...

The System II (Yes with irony)
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DareXau replied Aug 4, 2009... choppy monster indeed, in very narrow range as well ... TIME ... I reckon, that maybe a good idea is to take a break, wait for NY open and see what's going on than ... Trade closed on target, ... but new one ... not sure
The System II (Yes with irony)
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DareXau replied Aug 4, 2009... well, 00's or 000's are just a number, ... same as any other and the price has to move around them all the time. I don't think that market distinguish the difference between the numbers, it's only some traders, who are making kind of magic from ...
The System II (Yes with irony)
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DareXau replied Aug 4, 2009... did you exit already, eating big loss?
The System II (Yes with irony)
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DareXau replied Aug 4, 2009G'day to all, ... first trade, same as yours -jo- so far is not going well, but has room and time for improvement ...

The System II (Yes with irony)
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DareXau replied Aug 4, 2009G'day Feb, If you'll be around, I've got a question which relates more to longer time-frame so, I posted it in the old thread "The System (Irony included)" Thank you.
The System II (Yes with irony)
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DareXau replied Aug 4, 2009Mostly, I'm using a standard entry 20/21, but if swings are greater than average, ... my entry changes accordingly, the same as stop-loss and target. 300% ATR(24) or low of the pull-back, ... depends on the current price action and bloody expectancy. ...
The System II (Yes with irony)
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DareXau replied Aug 4, 2009Feb — G'day Feb, My question is about, how you dealing with a trade which is going in your favor and is almost to hit the initial target? As showing on the chart the entry happened more than a week ago and was a breakout from range channel to ...
The System (Irony included)