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Trade what you see NOT what you expect

  • #2,281
  • Mar 16, 2009 10:09am Mar 16, 2009 10:09am
Quoting ezmystic
took a long at 4078, but got nervous with the close that candle on 15m and closed out +3!!
Funny! I just went short at 4095 and closed at 4082.
Just digging in the trenches like everyone else!
  • #2,282
  • Mar 16, 2009 10:13am Mar 16, 2009 10:13am
Quoting eohater
Funny! I just went short at 4095 and closed at 4082.
Little bit of a battle here at 4100 area.
Hi, my name is Barry and you can keep your doctor...
  • #2,283
  • Mar 16, 2009 10:16am Mar 16, 2009 10:16am
Quoting cisco
Little bit of a battle here at 4100 area.
Yeah, now who's going to win? She's overbought, but if we continue with the downward movement, we could get a pin on the daily and that wouldn't be good for the pound, (EXCEPT FOR THOSE OF US WHO WOULD SHORT THE HELL OUTTA IT).
Just digging in the trenches like everyone else!
  • #2,284
  • Mar 16, 2009 10:17am Mar 16, 2009 10:17am
Quoting eohater
Yeah, now who's going to win? She's overbought, but if we continue with the downward movement, we could get a pin on the daily and that wouldn't be good for the pound, (EXCEPT FOR THOSE OF US WHO WOULD SHORT THE HELL OUTTA IT).
I'm all for getting on the winning side!
Hi, my name is Barry and you can keep your doctor...
  • #2,285
  • Mar 16, 2009 10:19am Mar 16, 2009 10:19am
4013 is 61.8 retracement, and pretty good support from tonight and Friday.
Also, 62ema is not far. Would it be nice to long it from that point - and sky's the limit!

BTW, Dow is still going up.
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  • #2,286
  • Mar 16, 2009 10:27am Mar 16, 2009 10:27am
Quoting cisco
Did anyone play the bounce off the 1hour 62 last night? I got in at 3912 and set a tp at 4150 before I went to bed. Worked out great!
Great job! I would have played it but I was looking like this at the time...
I got a nice short from 4200 this morning though.... I had to drop my son off to school and closed it for just 50 pips ...
Patience + Discipline - Greed = Success
  • #2,287
  • Mar 16, 2009 10:29am Mar 16, 2009 10:29am
Quoting Infinity
Great job! I would have played it but I was looking like this at the time...
I got a nice short from 4200 this morning though.... I had to drop my son off to school and closed it for just 50 pips ...
Welcome bro! PA is sucking today since US open.
Just digging in the trenches like everyone else!
  • #2,288
  • Mar 16, 2009 10:32am Mar 16, 2009 10:32am
Quoting eohater
If we don't, then hello 1h 50/62 here we come.
Hey bro!

I want it to get to this area so badly.... There is loads of support in this area...
Patience + Discipline - Greed = Success
  • #2,289
  • Mar 16, 2009 10:33am Mar 16, 2009 10:33am
Quoting Infinity
Hey bro!

I want it to get to this area so badly.... There is loads of support in this area...
That would be a great buying area, no doubt.
Just digging in the trenches like everyone else!
  • #2,290
  • Mar 16, 2009 10:35am Mar 16, 2009 10:35am
Quoting Infinity
Great job! I would have played it but I was looking like this at the time...
I got a nice short from 4200 this morning though.... I had to drop my son off to school and closed it for just 50 pips ...
Thanks bro. Great job yourself!
Hi, my name is Barry and you can keep your doctor...
  • #2,291
  • Mar 16, 2009 10:40am Mar 16, 2009 10:40am
I took a small short position from 4110. We'll see if we're going to finish this h4 bearish like she should.
Just digging in the trenches like everyone else!
  • #2,292
  • Mar 16, 2009 10:41am Mar 16, 2009 10:41am
Quoting eohater
I took a small short position from 4110. We'll see if we're going to finish this h4 bearish like she should.
same here short at 1.4110
  • #2,293
  • Mar 16, 2009 10:44am Mar 16, 2009 10:44am
Thanks for the answer earlier EO. I was waiting until 4120 to sell again, might not get there
  • #2,294
  • Mar 16, 2009 10:45am Mar 16, 2009 10:45am
Quoting Infinity
Hey bro!

I want it to get to this area so badly.... There is loads of support in this area...
hey bro, im with you on that one! was long 85 covered at for 23pips,

that support area is where i shall be holding my rocket launcher on shoulder!!
Trading is 80% Emotional, 20% Technical
  • #2,295
  • Mar 16, 2009 10:46am Mar 16, 2009 10:46am
Quoting fx local
hey bro, im with you on that one! was long 85 covered at for 23pips,

that support area is where i shall be holding my rocket launcher on shoulder!!
Damn! Looks like we're all be buying her ass there! Now, let's just get her price down there first.
Just digging in the trenches like everyone else!
  • #2,296
  • Mar 16, 2009 10:48am Mar 16, 2009 10:48am
Quoting Infinity
Great job! I would have played it but I was looking like this at the time...
I got a nice short from 4200 this morning though.... I had to drop my son off to school and closed it for just 50 pips ...
You must have had a long ass weekend to be in bed at 7pm bro!
Just digging in the trenches like everyone else!
  • #2,297
  • Mar 16, 2009 10:48am Mar 16, 2009 10:48am
Quoting eohater
I took a small short position from 4110. We'll see if we're going to finish this h4 bearish like she should.
Took 25 off, rest is now at +3.
Just digging in the trenches like everyone else!
  • #2,298
  • Mar 16, 2009 10:49am Mar 16, 2009 10:49am
Quoting ezz
same here short at 1.4110
moved Sl to +3
  • #2,299
  • Mar 16, 2009 10:50am Mar 16, 2009 10:50am
Buyers still at 407x area.
Just digging in the trenches like everyone else!
  • #2,300
  • Mar 16, 2009 10:53am Mar 16, 2009 10:53am
I know this isn't covered here but just FYI 1h RSI has a supporitve line going back to 9 March and we are on it now
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