Trade what you see NOT what you expect | Page 147 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

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

how long do you expect to trade? 10 replies

Trade What You See And Not What You Hope 0 replies

Attachments: Trade what you see NOT what you expect
Exit Attachments

Trade what you see NOT what you expect

  • #2,921
  • Mar 18, 2009 2:41pm Mar 18, 2009 2:41pm
Quoting eohater
You might want to consider a 200sma on all your time frames as well. Overlay it and go back through your charts and let me know what you think.
yes Eoh....i have that as well...
thanks

baz
  • #2,922
  • Mar 18, 2009 2:41pm Mar 18, 2009 2:41pm
Quoting Turtle
Possible PB forming.....maybe back to the 1HR 50/62......


HOLLA
Your right, possible, but we don't want to chase it. We need to remember, today is TIW. Positions are being squared away right now.
Just digging in the trenches like everyone else!
  • #2,923
  • Mar 18, 2009 2:43pm Mar 18, 2009 2:43pm
Quoting baz
yes Eoh....i have that as well...
thanks

baz
Just digging in the trenches like everyone else!
  • #2,924
  • Mar 18, 2009 2:44pm Mar 18, 2009 2:44pm
Quoting eohater
You might want to consider a 200sma on all your time frames as well. Overlay it and go back through your charts and let me know what you think.
GBP_USD Spot.png
there you go Sir !!....its the blue one

baz
Attached Image (click to enlarge)
Click to Enlarge Name: GBP_USD Spot.png Size: 14 KB
  • #2,925
  • Mar 18, 2009 2:45pm Mar 18, 2009 2:45pm
Quoting eohater
Your right, possible, but we don't want to chase it. We need to remember, today is TIW. Positions are being squared away right now.
Yep, I'm on the sidelines, waiting for the setup to show itself, Might stay out until London.

HOLLA
  • #2,926
  • Mar 18, 2009 2:53pm Mar 18, 2009 2:53pm
Some time ago, someone posted a link to get dollar index feed....does anyone happen to have it?
  • #2,927
  • Mar 18, 2009 2:57pm Mar 18, 2009 2:57pm
Time for a test? Who took a position 15m ago? You should have! The 15m showed a nice bullish hammer. If you did, you should have pocketed 20 and kept the rest at +3 once this 15m candle closes.
Just digging in the trenches like everyone else!
  • #2,928
  • Mar 18, 2009 2:59pm Mar 18, 2009 2:59pm
Quoting eohater
Time for a test? Who took a position 15m ago? You should have! The 15m showed a nice bullish hammer. If you did, you should have pocketed 20 and kept the rest at +3 once this 15m candle closes.
man...you rock....
  • #2,929
  • Mar 18, 2009 3:00pm Mar 18, 2009 3:00pm
Quoting rt4x
man...you rock....
Just trading the charts. We can all do it!!
Attached Image (click to enlarge)
Click to Enlarge Name: chart.PNG Size: 46 KB
Just digging in the trenches like everyone else!
  • #2,930
  • Mar 18, 2009 3:02pm Mar 18, 2009 3:02pm
Quoting eohater
Just trading the charts. We can all do it!!

I want to grow up to be just like you....mind you..I am probably of age to be your mother !!!
  • #2,931
  • Mar 18, 2009 3:02pm Mar 18, 2009 3:02pm
Quoting eohater
Just trading the charts. We can all do it!!
BTW, everyone in other threads have been screaming short at the 424x price. Their sweating now, I've taken profit and covered and had maybe 3 pips draw down and that was my spread. I don't know about you guys, but I'd rather make my money fast instead of waiting. If I wanted to wait, I'd go open a CD or money market account.
Just digging in the trenches like everyone else!
  • #2,932
  • Mar 18, 2009 3:03pm Mar 18, 2009 3:03pm
Quoting eohater
Time for a test? Who took a position 15m ago? You should have! The 15m showed a nice bullish hammer. If you did, you should have pocketed 20 and kept the rest at +3 once this 15m candle closes.
Took a short from 4288 a couple of minutes ago, took some profit and locked at +2.

HOLLA
  • #2,933
  • Mar 18, 2009 3:03pm Mar 18, 2009 3:03pm
Quoting rt4x
I want to grow up to be just like you....mind you..I am probably of age to be your mother !!!
I'm still trying to figure out what I want to do when I grow up!
Just digging in the trenches like everyone else!
  • #2,934
  • Mar 18, 2009 3:04pm Mar 18, 2009 3:04pm
Quoting Turtle
Took a short from 4288 a couple of minutes ago, took some profit and locked at +2.

HOLLA

We're on opposite sides of the tracks bro! Not that yours or mine is a bad position. We're both green. What triggerred your short?
Just digging in the trenches like everyone else!
  • #2,935
  • Mar 18, 2009 3:05pm Mar 18, 2009 3:05pm
Quoting Turtle
Took a short from 4288 a couple of minutes ago, took some profit and locked at +2.

HOLLA
Turtle, you failed EO's quiz. Now go sit in the corner..

BTW - Did that attachment make it to Fayettenam yet?
  • #2,936
  • Mar 18, 2009 3:08pm Mar 18, 2009 3:08pm
I can't seem to say THANKS enough....this thread has been helping me to meet personal goal and more....today I am +205 pips and it is truly thanks to the clarity I have acquired using MA's and watching PA closely....I am on the sidelines now...drinking a strawberry margarita...and waiting for a nice seat after closing of day (not wanting to pay extra swap fees) !!!

Unless she SCREAMS at me to get into a trade
btw...I do trade a live account ...very conservately..usually .5 of standard lot
  • #2,937
  • Mar 18, 2009 3:08pm Mar 18, 2009 3:08pm
Quoting eohater
Time for a test? Who took a position 15m ago? You should have! The 15m showed a nice bullish hammer. If you did, you should have pocketed 20 and kept the rest at +3 once this 15m candle closes.
Unfortunately I saw it after the fact.. All this talk of shorting fogged my vision. LOL... But did see it before your post ,, maybe one day I Will take it before you ask..
Good Trading To All ; Ken Lee
  • #2,938
  • Mar 18, 2009 3:09pm Mar 18, 2009 3:09pm
WOW, just looked over at EU and it's nearing 1.35.
Just digging in the trenches like everyone else!
  • #2,939
  • Mar 18, 2009 3:10pm Mar 18, 2009 3:10pm
Quoting eohater
We're on opposite sides of the tracks bro! Not that yours or mine is a bad position. We're both green. What triggerred your short?
First thing you taught me is after a huge run when she hits a nice round number she will usually bounce for 25+ pips.

So I figured, end of the day, DOW is closed, it's Wednesday, nice round number coming up, 4 reasons to go short, why not.

I grab 17 and locked the rest.

HOLLA
  • #2,940
  • Mar 18, 2009 3:11pm Mar 18, 2009 3:11pm
Quoting rt4x
I can't seem to say THANKS enough....this thread has been helping me to meet personal goal and more....today I am +205 pips and it is truly thanks to the clarity I have acquired using MA's and watching PA closely....I am on the sidelines now...drinking a strawberry margarita...and waiting for a nice seat after closing of day (not wanting to pay extra swap fees) !!!

Unless she SCREAMS at me to get into a trade
btw...I do trade a live account ...very conservately..usually .5 of standard lot


I do hope you enjoy your margarita! You've earned it after a day full of pips like that. Now your starting to see how Infinity and I make the amount of pippage we do week in and week out. Don't get me wrong, we get our ass handed to us like anyone else, but not as often. Slowly you'll begin to add to your lot size. Take your time. There's no rush!!
Just digging in the trenches like everyone else!
4 traders viewing now