Trade what you see NOT what you expect | Page 53 | Forex Factory

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Why did you start trading and what do you expect from it? 19 replies

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Trade what you see NOT what you expect

  • #1,041
  • Mar 4, 2009 2:55pm Mar 4, 2009 2:55pm
Quoting Infinity
My daily 5ema is at 4180 atm...
Same here bro!
Just digging in the trenches like everyone else!
  • #1,042
  • Mar 4, 2009 2:56pm Mar 4, 2009 2:56pm
Quoting eohater
Mines still open to breathe atm. I probably should TP and wait for the close of the day, but I'm looking at 411x for final TP and don't want to be taken out by a spike.
HI EO


Need some advise please

I am still in my long from 1.4056 do I keep this open or take the profit I am reading that you are going short my 4 hr candle closes in 2 hrs an 5 mins

Cheers David
  • #1,043
  • Mar 4, 2009 2:57pm Mar 4, 2009 2:57pm
Quoting eohater
True in deed! Let's see if history repeats itself for us and drops her pants once we close.
I believe this is the only time when man is interested in old lady dropping pants.
  • #1,044
  • Mar 4, 2009 2:58pm Mar 4, 2009 2:58pm
Quoting eohater
True in deed! Let's see if history repeats itself for us and drops her pants once we close.
Is close in a few minutes? I don't normally trade at this time having to work late and so keeping astride of things
please DON'T copy my trades I am still learning
  • #1,045
  • Mar 4, 2009 2:58pm Mar 4, 2009 2:58pm
Quoting davids
HI EO


Need some advise please

I am still in my long from 1.4056 do I keep this open or take the profit I am reading that you are going short my 4 hr candle closes in 2 hrs an 5 mins

Cheers David
I'm already short. I can't tell you how to manage your trade. I will say, don't be afraid to TP and keep a portion open securing the rest. The day is going to close bullish, but today could just be a result of TIW, rising DOW and adjustment for the upcoming UK news. You have a very nice price on your longs.
Just digging in the trenches like everyone else!
  • #1,046
  • Mar 4, 2009 2:59pm Mar 4, 2009 2:59pm
Quoting ezmystic
Oh i meant the close of the 15m candle that it touched with. I'm on NY 4hr time
If I am trading off a channel on a certain tf.. I normally look for candles within the same timeframe to make decisions as regards that trade. Therefore, in this case, I would be looking mainly at the pa inside the channel on the h1.
Patience + Discipline - Greed = Success
  • #1,047
  • Mar 4, 2009 2:59pm Mar 4, 2009 2:59pm
Quoting Komissar
I believe this is the only time when man is interested in old lady dropping pants.
Old or young (of age or course) I'm not prejudice.
Just digging in the trenches like everyone else!
  • #1,048
  • Mar 4, 2009 3:01pm Mar 4, 2009 3:01pm
Quoting eohater
I'm already short. I can't tell you how to manage your trade. I will say, don't be afraid to TP and keep a portion open securing the rest. The day is going to close bullish, but today could just be a result of TIW, rising DOW and adjustment for the upcoming UK news. You have a very nice price on your longs.
Thanks Mate
  • #1,049
  • Mar 4, 2009 3:02pm Mar 4, 2009 3:02pm
GBP_USD Spot.png

Inverted hammer,also a Inside Bar,suggested a Bullish day today,i guess a Good close today,suggests more upside.......BUT we have intresr Rate and NFP to come,so trade with Caution

baz
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Click to Enlarge Name: GBP_USD Spot.png Size: 8 KB
  • #1,050
  • Mar 4, 2009 3:03pm Mar 4, 2009 3:03pm
NY h4 closed below 4172, top of the wick of the prior h4 candle.
Attached Image (click to enlarge)
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Just digging in the trenches like everyone else!
  • #1,051
  • Mar 4, 2009 3:03pm Mar 4, 2009 3:03pm
Wow! After that rally Dow dropped 100 points in around 30 min.
Scary!
  • #1,052
  • Mar 4, 2009 3:03pm Mar 4, 2009 3:03pm
Quoting Infinity
If I am trading off a channel on a certain tf.. I normally look for candles within the same timeframe to make decisions as regards that trade. Therefore, in this case, I would be looking mainly at the pa inside the channel on the h1.
oh ok thanks for that, I'm mixing TF's perhaps I shouldn't
please DON'T copy my trades I am still learning
  • #1,053
  • Mar 4, 2009 3:18pm Mar 4, 2009 3:18pm
Quoting ezmystic
oh ok thanks for that, I'm mixing TF's perhaps I shouldn't
Don't get me wrong, it is good to look at multiple timeframes... but you must know how to put it all in perspective..
Patience + Discipline - Greed = Success
  • #1,054
  • Mar 4, 2009 3:36pm Mar 4, 2009 3:36pm
Quoting Infinity
Don't get me wrong, it is good to look at multiple timeframes... but you must know how to put it all in perspective..
I have 15m 1hr 4hr and daily. open at same time, I will mix when need ,but maybe not with channels.
please DON'T copy my trades I am still learning
  • #1,055
  • Mar 4, 2009 3:37pm Mar 4, 2009 3:37pm
anyway going home for brief family time and then bed. see y'all later
please DON'T copy my trades I am still learning
  • #1,056
  • Mar 4, 2009 4:24pm Mar 4, 2009 4:24pm
Guys, I hope everyone made some positive pippage today. Not only that, but I hope everyone learned something. We'll fire it back up tomorrow during the US Session.

Trade well!
EO
Just digging in the trenches like everyone else!
  • #1,057
  • Mar 4, 2009 6:14pm Mar 4, 2009 6:14pm
Quoting ezmystic
hey Bud,

how long have been trading now? I remeber you said you'd got out of the services and didn't want to go back.

Also setting a point I know where I got to on this thread for ease.
2.5 years and still learning....:nerd:

HOLLA
  • #1,058
  • Edited 8:28pm Mar 4, 2009 8:09pm | Edited 8:28pm
Hi EO, heaps of thanks for all of your work on your thread. I have finally read it right thru to here & have taken heaps of notes & chart copies.
Has been great being able to follow along with my own eohater profile layout.
Im on ibfx & have the same h4 closes as Infinity's h4. Often I have the same channels etc as him from here & on the Cable update thread.

Thanks so much again EO and also thanks to those contributing with you to make this a really interesting & entertaining learning experience.
cheers.
Target 2 : Stoploss in the green
  • #1,059
  • Mar 5, 2009 6:52am Mar 5, 2009 6:52am
Any thoughts to add ???

Thanks Ken
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Good Trading To All ; Ken Lee
  • #1,060
  • Mar 5, 2009 7:08am Mar 5, 2009 7:08am
Any comments ?????

Thanks Ken
Attached Image (click to enlarge)
Click to Enlarge Name: Thursday gbp 4 hr...JPG Size: 174 KB
Good Trading To All ; Ken Lee
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