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blueace replied Sep 10, 2008The price action for the day exceeded last weeks daily average.
the Set and Forget Pivot Net system
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blueace replied Sep 10, 2008That's the attitude I'm looking for! The trades meet the criteria so now only time will tell. Keep the risk in check and there's nothing to worry about.
the Set and Forget Pivot Net system
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blueace replied Sep 10, 2008lol...must be a texan thing. we just both posted the same info within seconds of each other. I spend too much time in front of this screen.

the Set and Forget Pivot Net system
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blueace replied Sep 10, 2008Looks like we have 4 valid pairs for setup tonight. GU GJ EJ UJ
the Set and Forget Pivot Net system
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blueace replied Sep 10, 2008Honestly the moving to BE is if you have the time. As you can see for those who didn't do anything except close their orders at 11 AM est they would have 1 win and 1 loss for the day. But you are correct it's not truly set and forget if you have to ...
the Set and Forget Pivot Net system
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blueace replied Sep 10, 2008Yes the halfway point was reached after the London close. That was when I moved to break even. If I have not been clear about this point previously I apologize. I did not reenter the trade the same trade was alive throughout the US trading day. The ...
the Set and Forget Pivot Net system
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blueace replied Sep 10, 2008Even though the trades are finished for the day I wanted to address your question Hoss. Yes thehenryfam you're right. Even with the BE in place I would have closed the trades and booked the pips and then looked forward to the next trades.
the Set and Forget Pivot Net system
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blueace replied Sep 10, 2008Ta da.
Again with today ending as it did it was a perfect example of how counting pips isn't my favorite way to rate success in a system. Overall today's results were -36.3 pips OR +.38%.the Set and Forget Pivot Net system
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blueace replied Sep 10, 2008lol...yes 'set and forget' is much easier said than done. We might get a bit of action before the close of the US market. The more used to this type of system you become the less compelled you'll be to watch every tick. However, I completely ...
the Set and Forget Pivot Net system
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blueace replied Sep 10, 2008Clever math you've got there. I know when I started trading I spent 50% of the time in that 5% club. Mainly because I didn't know what I was doing and I benefited from that. Then it seemed the more 'experience' or 'skill' I gained the more often I ...
Trading forex profitable is impossible!
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blueace replied Sep 10, 2008Yes, that is in fact what I do. I've only seen one of these trades last that long a handful of times though. The reason being is that while daily PPs make an impact on the day's trading old PPs tend to be forgotten pretty quickly.
the Set and Forget Pivot Net system
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blueace replied Sep 10, 2008come on hoss you know what happens when you assume.
I am in fact still in the trade. Trying to ignore it. The semi-volatility during the US only market hours in my opinion is more noise than anything. There seems to be a pretty significant amount ...the Set and Forget Pivot Net system
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blueace replied Sep 10, 2008today's example — The loss on the GJ was a great example of why I prefer percentages over counting pips. The pip loss was -114.6 but my percentage loss was still 1%. Granted having such a large SL makes my individual pip value that much ...
the Set and Forget Pivot Net system
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blueace replied Sep 10, 2008fosters thanks for joining the thread; I'm here to help. The trade signals are open until the entries are met. Sometimes the signals are open for 9 hours before an order is met others can happen within 15 minutes (happened last week, but is very ...
the Set and Forget Pivot Net system
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blueace replied Sep 10, 2008Since London just closed and if it makes it to the halfway point. 1.4012 area then yes I will put the stop at break even.
the Set and Forget Pivot Net system
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blueace replied Sep 10, 2008Great perspective and well said. I've found that it can only remain funny if I stay disciplined and keep my position sizes in check. The funniness seems to evaporate if you've bet the farm on a particular trade and it goes bad. I don't need that ...
the Set and Forget Pivot Net system
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blueace replied Sep 10, 2008yes it' movements like that that will drive you crazy if you're watching live. just makes me love forex at times. Hoss yea I got the EU open also. Hopefully it'll keep heading south.
the Set and Forget Pivot Net system
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blueace replied Sep 9, 2008happy to oblige — 9/10 EU LONG 1.42244 SL 1.41642 TP 1.43076 SHORT 1.40514 SL 1.41083 TP 1.39731 GU LONG 1.77135 SL 1.76515 TP 1.77995 SHORT 1.75263 SL 1.75904 TP 1.74372 GJ LONG 190.876 SL 189.618 TP 192.640 SHORT 187.307 SL 188.453 TP ...
the Set and Forget Pivot Net system
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blueace replied Sep 9, 2008heads up — Looks like we'll be trading 4 pairs for tonight. EU GU GJ UJ
the Set and Forget Pivot Net system