Depends on the time of the day...looks like the move was due followed by a change of direction. The time of the day is important. If you trade this setup close to 5:00 EST when the market is ready to sleep, chances are you will have a counter move ...

The System II (Yes with irony)

Piphitman I appreciate your efforts in showing your fib technique. A you have read we're using Fibonacci just to give us kinda of a head start of the continuation of the move, not to trade inside the fibs. I deeply respect your strategy but in the ...

The System II (Yes with irony)

I think my next trip is going to be Italy!!!!

The System II (Yes with irony)

I didn't read this post sky!! I love Italy...with passion. The food, the wine....the people....the women LOL I have many reasons to love Italy I guess I am kinda chicken to leave this country Actually I've been planning to go Italy on vacation this ...

The System II (Yes with irony)

If I am not mistaking, the swing was shouting long...what you're looking is a small hiccup. You stay put a and let the market decide...if it changes direction you will have the ability to spot it before anyone else. When that happens, place a limit ...

The System II (Yes with irony)

I definitely have a bag to tricks when it comes down to the markets. I started as a runner(clerk) on the pits back in 1981. So go figure...long story. If you guys stick around 'Ill show you some of them. One thing you won't hear form is beggin' for ...

The System II (Yes with irony)

I defintely enjoy helping others others Don' t hesitate to ask Skyline is an amazing programmer and also very experienced

The System II (Yes with irony)

awww thanks..... Anything to help, don't hesitate to ask

The System II (Yes with irony)

EUR/JPY is a cross...kinda wild 'n out...similar to sterling/yen in my opinion I suggest to lower your gear...go light loaded if you want to trade a swing like this. I believe there's a broker who let you trade in units....Oanda??? I don't have any ...

The System II (Yes with irony)

ah...don't worry about it man....It's cool.. Just don't quit. Take the next one. I believe it takes time to understand the simplicity of trading like this. Once you get it going, it's automatic....boring LOL yes always use limit orders...no matter ...

The System II (Yes with irony)

I agree 100%..probably won't suit your risk tolerance

The System II (Yes with irony)

the hardest part for us here on USA is to wake up early to be on the lookout on these kinda moves.....I mean you have decent swings on New york session. too

The System II (Yes with irony)

My trade was a hint from correlations. Kinda risky in my opinion. but here's a safer way to get that move..... using this strategy notice the arrows...possible entries....... shallow pullbacks...sweet I calculate ATR stops to keep me on the move...

The System II (Yes with irony)

it's worth it to get up early on expirations day

The System II (Yes with irony)

I might be wrong...maybe there's some juice for the down move...oh well... I am out

The System II (Yes with irony)

the futures are slow as well......looking for a quick scalp in ES...let's see what happens

The System II (Yes with irony)

I think we're going to have a very slow day. I believe the dumping it's due already. I am going to close my position. 203 ticks.

The System II (Yes with irony)

still short here

The System II (Yes with irony)

That's precisely what I like about it...no harm no foul

The System II (Yes with irony)

there you go...see? it's not complicated

The System II (Yes with irony)