Trade what you see NOT what you expect | Page 89 | Forex Factory

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Trade what you see NOT what you expect

  • #1,761
  • Mar 12, 2009 10:11am Mar 12, 2009 10:11am
Quoting eohater
That's very sad news! To loose your money due to a bad investment is no reason to take your life. I'd expect, we'll probably be seeing more of this though as things get rougher.
a High Ranking Army Guy....served in Afghanistan ,Iraq .
i guess it may be due to shame.....cant say...but tragic nontheless

baz
  • #1,762
  • Mar 12, 2009 10:11am Mar 12, 2009 10:11am
Quoting eohater
We'll talk about this in more detail later then.

Everyone else, what's your vote? Do you want to see EU on longer time frame trades as well as active intraday cable trades?
EU would be good. I have been trading the EJ some for the last month.
  • #1,763
  • Mar 12, 2009 10:12am Mar 12, 2009 10:12am
I am interested in the e/u longer trades as well. All knowledge is good..
Good Trading To All ; Ken Lee
  • #1,764
  • Mar 12, 2009 10:13am Mar 12, 2009 10:13am
Quoting eohater
We'll talk about this in more detail later then.

Everyone else, what's your vote? Do you want to see EU on longer time frame trades as well as active intraday cable trades?
I'd love to see some longer term trades off of the 4H on EUR/USD, but recommend not to go into any other pairs, otherwise the focus of the thread will get diluted with lots of chart posts of different pairs, and there's plenty of threads like that.

So I vote for a GBP/USD trading thread with short/medium term trades as you've been doing up til now, and simply glance at the 1H/4H/Daily EUR/USD for some longer term trading. Too many pairs gets very confusing.
  • #1,765
  • Mar 12, 2009 10:13am Mar 12, 2009 10:13am
Good Stuff Ken,thanks

baz
  • #1,766
  • Mar 12, 2009 10:21am Mar 12, 2009 10:21am
Closed out my remaining longs at 3800... looking for a new seat now..
Patience + Discipline - Greed = Success
  • #1,767
  • Mar 12, 2009 10:22am Mar 12, 2009 10:22am
Quoting Infinity
Closed out my remaining longs at 3800... looking for a new seat now..
Good job bro! I'm waiting for 8m. I think our next seat is down with this close across the 15m 35/50.
Just digging in the trenches like everyone else!
  • #1,768
  • Mar 12, 2009 10:23am Mar 12, 2009 10:23am
My h4 is not closed yet but it looks prime a big upmove...
Patience + Discipline - Greed = Success
  • #1,769
  • Mar 12, 2009 10:23am Mar 12, 2009 10:23am
Quoting Infinity
Closed out my remaining longs at 3800... looking for a new seat now..
What price did you get in at?
Just digging in the trenches like everyone else!
  • #1,770
  • Mar 12, 2009 10:24am Mar 12, 2009 10:24am
Quoting eohater
What price did you get in at?
3747..
Patience + Discipline - Greed = Success
  • #1,771
  • Mar 12, 2009 10:25am Mar 12, 2009 10:25am
Quoting Infinity
My h4 is not closed yet but it looks prime a big upmove...
We're on the same h4 times again. I would agree, but would like to buy somewhere in the midde of the wick myself.
Just digging in the trenches like everyone else!
  • #1,772
  • Mar 12, 2009 10:26am Mar 12, 2009 10:26am
Quoting Infinity
3747..

Good job! You'll have to teach me how you can buy when price is going up like that sometime.
Just digging in the trenches like everyone else!
  • #1,773
  • Mar 12, 2009 10:26am Mar 12, 2009 10:26am
@fxlocal

No need to apologize bro... excellent chart!
Patience + Discipline - Greed = Success
  • #1,774
  • Mar 12, 2009 10:28am Mar 12, 2009 10:28am
Hey guys a monthly chart going back to late 1970s, worth a peak, apologies for the big chart
Attached Image (click to enlarge)
Click to Enlarge Name: Cable Monthly.jpg Size: 144 KB
Trading is 80% Emotional, 20% Technical
  • #1,775
  • Mar 12, 2009 10:29am Mar 12, 2009 10:29am
Quoting fx local
Hey guys a monthly chart going back to late 1970s, worth a peak, apologies for the big chart
No apologies needed bro! Good chart! We always need to keep our eye on the bigger picture.
Just digging in the trenches like everyone else!
  • #1,776
  • Mar 12, 2009 10:30am Mar 12, 2009 10:30am
Quoting eohater
We're on the same h4 times again. I would agree, but would like to buy somewhere in the midde of the wick myself.
3760?
  • #1,777
  • Mar 12, 2009 10:31am Mar 12, 2009 10:31am
Quoting fx local
Hey guys a monthly chart going back to late 1970s, worth a peak, apologies for the big chart
Now, seeing that chart just make me say if we get a monthly close below 3500, then we're headed down for another few thousand pips.
Just digging in the trenches like everyone else!
  • #1,778
  • Mar 12, 2009 10:33am Mar 12, 2009 10:33am
Quoting eohater
We're on the same h4 times again. I would agree, but would like to buy somewhere in the midde of the wick myself.
I'm hoping it goes back to 3750.... I see it can go back to even 3724 based on h4....


Quoting eohater
Good job! You'll have to teach me how you can buy when price is going up like that sometime.
You need no teaching bro.... Here's why I bought anyway...
Attached Image
Patience + Discipline - Greed = Success
  • #1,779
  • Mar 12, 2009 10:34am Mar 12, 2009 10:34am
Quoting Infinity
@fxlocal

No need to apologize bro... excellent chart!

shows that this pair has only gone sideways over that last 30 years, key now is to recognise when we have reached an extreme and trade a huge snap back,

15min for the singles is great thou, im finding the price action in cable very good for scalping, going to try and build up trading size slowly but surely...

nice trade there bro
Trading is 80% Emotional, 20% Technical
  • #1,780
  • Mar 12, 2009 10:34am Mar 12, 2009 10:34am
Quoting Komissar
3760?

Candle has to close before we can start trading off of it. Remember, the h4 candle is comprised of the smaller time frame candles. For example, it takes 4 h1 candles to make an h4 candle. Some believe it's the other way around, but I think their putting the horse in front of the cart that way. So, for those who don't like how we will go against the overall trend, now you can understand why we are willing to do it. PA will always lead the way and the upper time frames are comprised of the smaller ones.
Just digging in the trenches like everyone else!
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