Trade what you see NOT what you expect | Page 103 | Forex Factory

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Trade what you see NOT what you expect

  • #2,041
  • Mar 13, 2009 9:31am Mar 13, 2009 9:31am
On those TWEEZERS. do you take it when the price starts down or wait for close of red ???

Or just took it of the resistance at 4040
Good Trading To All ; Ken Lee
  • #2,042
  • Mar 13, 2009 9:32am Mar 13, 2009 9:32am
Quoting FOURX
EO, are you not shorting the wick on the 1hr?
The h1 is not closed yet... but if it closes like this.. I'm sure he will be considering it...
I see tweezers on m15 and a possible hanging man shaping up on h4 btw..
Patience + Discipline - Greed = Success
  • #2,043
  • Mar 13, 2009 9:32am Mar 13, 2009 9:32am
I'm out at 4020. There's always another bus.
Hi, my name is Barry and you can keep your doctor...
  • #2,044
  • Mar 13, 2009 9:34am Mar 13, 2009 9:34am
Quoting KENNETH lEE
On those TWEEZERS. do you take it when the price starts down or wait for close of red ???

Or just took it of the resistance at 4040
The reason I did'nt take the tweezer is because the candle closed above the 5/10ema on m15...
Patience + Discipline - Greed = Success
  • #2,045
  • Mar 13, 2009 9:34am Mar 13, 2009 9:34am
Quoting FOURX
EO, are you not shorting the wick on the 1hr?
I didn't, but should have. I was focused on 4040 as the area to break for the move to continue north. The wick was the area to short, but other areas will present themselves. I'm partially in my long position still, albeit 5 pips from being closed out. (EDIT THAT CLOSED OUT NOW). The break of 4040 would have been a nice run to 4150. It's still on the table, but right now, we can see how the prior PA comes into play. I've said it before and I'll say it again, prior PA always comes into play but it will eventually be broken. 30 quick pippers paid out on that prior PA and still going.
Just digging in the trenches like everyone else!
  • #2,046
  • Mar 13, 2009 9:35am Mar 13, 2009 9:35am
Quoting Infinity
The h1 is not closed yet... but if it closes like this.. I'm sure he will be considering it...
I see tweezers on m15 and a possible hanging man shaping up on h4 btw..
Same here bro!
Just digging in the trenches like everyone else!
  • #2,047
  • Mar 13, 2009 9:37am Mar 13, 2009 9:37am
I've posted the PDF as well to the opening of the thread. Revisions will be posted there as well.
Just digging in the trenches like everyone else!
  • #2,048
  • Mar 13, 2009 9:42am Mar 13, 2009 9:42am
If this closes above the 10 I think I'll get back in.
Hi, my name is Barry and you can keep your doctor...
  • #2,049
  • Mar 13, 2009 9:43am Mar 13, 2009 9:43am
Quoting cisco
If this closes above the 10 I think I'll get back in.
That's what I'm watching. She could fill the wick of the h1 candle rather quickly, blast out 4040, or vice versa..
Just digging in the trenches like everyone else!
  • #2,050
  • Mar 13, 2009 9:44am Mar 13, 2009 9:44am
Quoting cisco
If this closes above the 10 I think I'll get back in.

a 10 and a Pin = Long..... but I am

a bit below.. or equal .. darn ..
Good Trading To All ; Ken Lee
  • #2,051
  • Mar 13, 2009 9:46am Mar 13, 2009 9:46am
Quoting eohater
That's what I'm watching. She could fill the wick of the h1 candle rather quickly, blast out 4040, or vice versa..
Friday the 13th! Watch out for Freddie!
Hi, my name is Barry and you can keep your doctor...
  • #2,052
  • Mar 13, 2009 9:47am Mar 13, 2009 9:47am
Quoting KENNETH lEE
a 10 and a Pin = Long..... but I am

a bit below.. or equal .. darn ..
It's a mechanical trade! Don't be a chicken, don't be afraid.
Just digging in the trenches like everyone else!
  • #2,053
  • Mar 13, 2009 9:48am Mar 13, 2009 9:48am
Quoting cisco
Friday the 13th! Watch out for Freddie!
Just digging in the trenches like everyone else!
  • #2,054
  • Mar 13, 2009 9:48am Mar 13, 2009 9:48am
But the low didn't go below previous wick,,(Previous Action) might still work ???? I know I know....
Good Trading To All ; Ken Lee
  • #2,055
  • Mar 13, 2009 9:49am Mar 13, 2009 9:49am
Quoting cisco
Friday the 13th! Watch out for Freddie!
Holy shit! I didn't realise that until now......
Attached Image
Patience + Discipline - Greed = Success
  • #2,056
  • Mar 13, 2009 9:49am Mar 13, 2009 9:49am
The one hour candle is causing me to be cautious.
Hi, my name is Barry and you can keep your doctor...
  • #2,057
  • Mar 13, 2009 9:50am Mar 13, 2009 9:50am
Quoting Infinity
Holy shit! I didn't realise that until now......
Hi, my name is Barry and you can keep your doctor...
  • #2,058
  • Mar 13, 2009 9:51am Mar 13, 2009 9:51am
Quoting cisco
The one hour candle is causing me to be cautious.
the h1 and the h4 are making me shaky as well. I've closed mine out for +5 and now I'll wait til the h1 closes. If she was going to fill the wick of the h1. I believe she would have already done it by now.
Just digging in the trenches like everyone else!
  • #2,059
  • Mar 13, 2009 9:51am Mar 13, 2009 9:51am
Quoting KENNETH lEE
But the low didn't go below previous wick,,(Previous Action) might still work ???? I know I know....

I forgot to mention the close was right below the 10 ema
Good Trading To All ; Ken Lee
  • #2,060
  • Mar 13, 2009 9:52am Mar 13, 2009 9:52am
Quoting cisco
Friday the 13th! Watch out for Freddie!
Does anyone know the meaning behing Friday the 13th?
Just digging in the trenches like everyone else!
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