Trade what you see NOT what you expect | Page 143 | Forex Factory

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

How soon after you put on a trade do you expect to be "in the money"? 28 replies

How do you see trading - Do you see it as a means to an end? 12 replies

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Trade What You See And Not What You Hope 0 replies

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Trade what you see NOT what you expect

  • #2,841
  • Mar 18, 2009 10:49am Mar 18, 2009 10:49am
Lunch time my friends for me! Cover your positions and TP on your journey. I'll be back in about an hour to see how we've faired out. Also, the weekly candle I posted earlier is something I'm keeping my eye on. Today is TIW, we might see the movement from the candle after we get thru today. I'll become a buyer down the wick of the candle and look at a possible hold position on it. If I do, I'll hold that position in my other account so I can still actively trade her, but I'll post more later as to what I'm seeing on that weekly along with a monthly chart.
Just digging in the trenches like everyone else!
  • #2,842
  • Mar 18, 2009 10:53am Mar 18, 2009 10:53am
Great trading today everyone. That 62 ema proved profitable again as usual. I was able to capture some of the down move earlier this morning as well and I am 120 pips richer today. Thanks EO and everyone. I have to take my father in law to some appointments now but will check back in during the Asian session.
  • #2,843
  • Mar 18, 2009 10:54am Mar 18, 2009 10:54am
Quoting eohater
Lunch time my friends for me!...

Hey Eo just catching up on your thread, Nice trading

I took the same short im still holding mine targeting 3740 but will see how it goes

Im looking for some buy and holds a bit further down too, have nice lunch
  • #2,844
  • Mar 18, 2009 10:55am Mar 18, 2009 10:55am
Quoting nyjetfan
EZO - I'd be happy to make any updates, edits or elaborations based on your feedback (and this offer is good for anyone else as well). I hope others are finding the PDF useful, as I can say the process and research putting it together was beneficial for my learning.
Can somebody re-post the PDF you're referring to or tell me the post number?

Thanks
  • #2,845
  • Edited 10:59am Mar 18, 2009 10:56am | Edited 10:59am
Quoting MarkyBoy
Can somebody re-post the PDF you're referring to or tell me the post number?

Thanks
We've put it at post #1 to make it easy to find, and also easy to ensure current version is available - here's a quick link:
http://www.forexfactory.com/showpost...81&postcount=1
  • #2,846
  • Mar 18, 2009 11:01am Mar 18, 2009 11:01am
Quoting nyjetfan
We've put it at post #1 to make it easy to find, and also easy to ensure current version is available - here's a quick link:
http://www.forexfactory.com/showpost...81&postcount=1

Thanks - I'm printing it out now - I had done something similar but yours is much better!!!

  • #2,847
  • Mar 18, 2009 11:06am Mar 18, 2009 11:06am
Quoting nyjetfan
EZO - I'd be happy to make any updates, edits or elaborations based on your feedback (and this offer is good for anyone else as well). I hope others are finding the PDF useful, as I can say the process and research putting it together was beneficial for my learning.
cheers ny, having it at hand has helped a lot. I am comfortable and have been practicing most of EO's technique, the new and more difficult one for me though is the 35-50 cross. I can see it works, just a question of not doing it at the wrong time (which your question earlier helped to answer).

Thanks EO, your help has been priceless (well it hasn't really, but you know what I mean ).
  • #2,848
  • Mar 18, 2009 11:53am Mar 18, 2009 11:53am
My short position @ 1.4004 stopped out +4....waiting for a new seat after news...
  • #2,849
  • Mar 18, 2009 12:12pm Mar 18, 2009 12:12pm
Hi All

Can anyone tell me if they see a potential bullish flag formation forming on the 1hr chart?

Regards

Mark
  • #2,850
  • Mar 18, 2009 12:27pm Mar 18, 2009 12:27pm
Quoting cisco
I read an article months ago before the election that said Obama intended to devalue the dollar. It's just a way for the gov't to pay the debt with cheaper dollars. Bad for everybody as far as I'm concerned. China will go ballistic!
Anyone seen this one? Rumors of Geithner resigning after about a month on the job.

http://www.businessinsider.com/henry...-begins-2009-3
  • #2,851
  • Mar 18, 2009 12:53pm Mar 18, 2009 12:53pm
Okay, I'm clocked back in. Ready to make some pips on this bitch.

Anybody up for making some money?
Hi, my name is Barry and you can keep your doctor...
  • #2,852
  • Mar 18, 2009 12:56pm Mar 18, 2009 12:56pm
Quoting cisco
Okay, I'm clocked back in. Ready to make some pips on this bitch.

Anybody up for making some money?
Settle down there cowboy, you got FOMC in 20 minutes, so you might want to entertain yourself for a bit...
  • #2,853
  • Mar 18, 2009 12:58pm Mar 18, 2009 12:58pm
Quoting nyjetfan
Settle down there cowboy, you got FOMC in 20 minutes, so you might want to entertain yourself for a bit...
That's what I'm talking about!!!!

I have been getting entertained...but she just left.
Hi, my name is Barry and you can keep your doctor...
  • #2,854
  • Mar 18, 2009 12:59pm Mar 18, 2009 12:59pm
here is a news link for adiuo if anyone interested.. They don't talk all the time.. So might be silent when you open it..

http://www.economicnews.ca/cepnews/p...Podcast/popout
Good Trading To All ; Ken Lee
  • #2,855
  • Mar 18, 2009 1:10pm Mar 18, 2009 1:10pm
Quoting cisco
That's what I'm talking about!!!!

I have been getting entertained...but she just left.
very quick and very witty
  • #2,856
  • Mar 18, 2009 1:11pm Mar 18, 2009 1:11pm
Quoting davids
very quick and very witty
That's what she said !!!!
Good Trading To All ; Ken Lee
  • #2,857
  • Mar 18, 2009 1:13pm Mar 18, 2009 1:13pm
OK, guys
Assume they will keep the same rate. Then what?
  • #2,858
  • Mar 18, 2009 1:14pm Mar 18, 2009 1:14pm
Quoting KENNETH lEE
That's what she said !!!!
  • #2,859
  • Mar 18, 2009 1:15pm Mar 18, 2009 1:15pm
Quoting KENNETH lEE
That's what she said !!!!
A cowboy's ride is over in 8 seconds.
Hi, my name is Barry and you can keep your doctor...
  • #2,860
  • Mar 18, 2009 1:16pm Mar 18, 2009 1:16pm
Quoting Komissar
OK, guys
Assume they will keep the same rate. Then what?
The statement is the important part today.. If any new ideas to sovle the issues at hand.. I will wait for the craziness to die down then ,, it is everyone skate time....
Good Trading To All ; Ken Lee
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