I am closing out my short resting order That long candle doesn't make sense to me smells like we're getting the chop monster ahead

The System II (Yes with irony)

ouch!!!!! what was your target on that trade??

The System II (Yes with irony)

we had an uptrend form London session, then a cpi report which apparently shaked the market but not too much. I noticed a small failure around 9:00 AM EST and then a series of lower highs afterwards. Then we had a pullback which is somehow deep in ...

The System II (Yes with irony)

be careful with YM slippage is very common. Swings are kinda large sometimes and makes it difficult to place your risk. Last time I trade it, I had 4 points slippage with only 2 contracts. what broker are you using if you don't mind asking??

The System II (Yes with irony)

Yeah, many times a deep pullback makes the follow thru a weak one. I suggest then look to the short side just in case

The System II (Yes with irony)

is that an European contract?? excuse my ignorance what charts are you using???

The System II (Yes with irony)

good call

The System II (Yes with irony)

It might....might not The move has been underway . Could be a correction due, who knows. Be careful on what time of the day you're trading this setup. Periods like close to the end of New York session and the beginning of Asia session area somehow ...

The System II (Yes with irony)

Thanks for the indi, sky!! had this resting order since this morning filled at 1:32 PM EST Closed and 1:39 PM EST +21 ticks

The System II (Yes with irony)

Yeah I hear you.....but don't get discouraged...well I know you have experience and things like this happens. Actually I have some friends using chandelier stops like ATR stops for their trading. I have never use them but that might be a nice lil ...

The System II (Yes with irony)

I forgot to post my trade for yesterday I decided to trail the stop manually

The System II (Yes with irony)

in my opinion is better to stay put whenever news are coming out. Maybe you have a setup forming but the whole whiplash will screw it up for sure. I prefer for the smoke to clear before even look at the markets again

The System II (Yes with irony)

yes it is...

The System II (Yes with irony)

Thanks sky!! I will look into that

The System II (Yes with irony)

hey that's a good one..... I will definitely put it on the list thanks a lot Sky!!!! A side question for you Is that trailing stop ea send the orders to the server?? you said that it trails the stop 1 tick at a time..so it's adjustable?? I am ...

The System II (Yes with irony)

A side note I am using fibo's 'cause I think you could have a better view on pullbacks You can draw just plain horizontal lines and will be fine Don't make any hard and fast rules other than your money management. Don't patronize the 50% or 61% ...

The System II (Yes with irony)

Here's a possible trade for EUR/USD notice the distance between the pullback and the last low - around 29 pips If you're going to place the stop stop around the pullback, risk/reward will be unbalanced - in case you're shooting for 20 ticks There's ...

The System II (Yes with irony)

Het Skyline that's cool!!!! did you code something??? Sorry but I am totally naive on this stuff!! Looks really nice Glad I could help

The System II (Yes with irony)

well, I should stay put if I were you. This morning we have 2 anouncements

The System II (Yes with irony)

I think you have everything you need on 1 timeframe. I don't know about you guys but I can put a period separator on my charts in every hour/five minutes. If you can do this, it will make your life a lot easier.

The System II (Yes with irony)