Trade what you see NOT what you expect | Page 159 | Forex Factory

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

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Trade what you see NOT what you expect

  • #3,161
  • Mar 19, 2009 2:10pm Mar 19, 2009 2:10pm
I received Steve Nison - Japanese Candlestick Charting Techniques second edition yesterday which I can highly recommend
  • #3,162
  • Mar 19, 2009 2:11pm Mar 19, 2009 2:11pm
Quoting eohater
You deserve the credit bro! I can only show you the light, you have to turn on the switch. It shows you have done that.

I'm working on a world tour. As long as I don't get lost/stuck/consumed in Amsterdam, I'll take you up on the beer!
Good I will look forward to seeing you
  • #3,163
  • Mar 19, 2009 2:12pm Mar 19, 2009 2:12pm
Quoting eohater
The short was a built up position. My original part at 4540, another part around 4500, more at 4575 and more again at 4590. My SL was at 4630. I've taken profit now at 4500, rest is at +3 which could get taken out with this next move up. I'm not ready to teach about building positions. When it's time, I'll let it out of the bag. I have to work on the ability to communicate this type of trade effectively.
No worries bro, I've gotta take the training wheels off before I consider a stunt trade like that...
  • #3,164
  • Mar 19, 2009 2:13pm Mar 19, 2009 2:13pm
Quoting nyjetfan
No worries bro, I've gotta take the training wheels off before I consider a stunt trade like that...
It is a stunt trade. No doubt about it. Like I said earlier. It was like putting my money in the bank waiting for interest to come.
Just digging in the trenches like everyone else!
  • #3,165
  • Mar 19, 2009 2:14pm Mar 19, 2009 2:14pm
Quoting cisco
I'd like to see 1.4170 to form a neckline on the h1. Then a run up to 1.4335 to form a right shoulder.

Yeah, I know. Trade what you can see!
Cisco, can you post a chart and show me what you see there?
Just digging in the trenches like everyone else!
  • #3,166
  • Mar 19, 2009 2:17pm Mar 19, 2009 2:17pm
Quoting eohater
Cisco, can you post a chart and show me what you see there?
Nope, not computer savvy enough. Sorry!
Hi, my name is Barry and you can keep your doctor...
  • #3,167
  • Mar 19, 2009 2:17pm Mar 19, 2009 2:17pm
Guys, I would like to make a sincere apology to anyone that followed my short this morning and took a loss. It was a good setup, but like I've said before, sometimes they just don't turn out right. This one did finally come together, but it took a long time and a higher draw down on the account than I prefer for you guys to experience. So again, my apologies!
Just digging in the trenches like everyone else!
  • #3,168
  • Mar 19, 2009 2:17pm Mar 19, 2009 2:17pm
Hi Eo

The last candle that close on the 15m was it not Pin?
  • #3,169
  • Mar 19, 2009 2:18pm Mar 19, 2009 2:18pm
Quoting davids
I received Steve Nison - Japanese Candlestick Charting Techniques second edition yesterday which I can highly recommend
HI Davids nice to see you too, sounds like youve had a fantastic week, Congrats

cheers for the book recomendation i was looking at buying a candlestick chart book myself i will check it out!
  • #3,170
  • Mar 19, 2009 2:21pm Mar 19, 2009 2:21pm
Quoting eohater
Guys, I would like to make a sincere apology to anyone that followed my short this morning and took a loss. It was a good setup, but like I've said before, sometimes they just don't turn out right. This one did finally come together, but it took a long time and a higher draw down on the account than I prefer for you guys to experience. So again, my apologies!
Geesh, if your trades aren't winning 100% of the time, then you're fired!

I had a pretty good mastery of losing money prior to coming to this thread..

Seriously bro, no worries. If you can't take one on the chin once in awhile, then this isn't the business for you.
  • #3,171
  • Mar 19, 2009 2:22pm Mar 19, 2009 2:22pm
Quoting PipLand
HI Davids nice to see you too, sounds like youve had a fantastic week, Congrats

cheers for the book recomendation i was looking at buying a candlestick chart book myself i will check it out!
Cheers Mate

I have decided that the more knowlegde I can get the better so spent about £200 at amazon this week

This is probable the only candlestick book you will ever need
  • #3,172
  • Mar 19, 2009 2:22pm Mar 19, 2009 2:22pm
Quoting davids
Hi Eo

The last candle that close on the 15m was it not Pin?
It was.
Just digging in the trenches like everyone else!
  • #3,173
  • Mar 19, 2009 2:23pm Mar 19, 2009 2:23pm
Quoting eohater
Guys, I would like to make a sincere apology to anyone that followed my short this morning and took a loss. It was a good setup, but like I've said before, sometimes they just don't turn out right. This one did finally come together, but it took a long time and a higher draw down on the account than I prefer for you guys to experience. So again, my apologies!
It was a great set up

and usually is a high percentage trade plus you beleived in it enough to take the trade yourself so dont think an apology is needed, especially considering the efforts youve gone to help everyone, learn your methods
Its never gonna pan out exactly 100% everytime
  • #3,174
  • Mar 19, 2009 2:23pm Mar 19, 2009 2:23pm
Quoting davids
Cheers Mate

I have decided that the more knowlegde I can get the better so spent about £200 at amazon this week

This is probable the only candlestick book you will ever need
There's a link in the thread and at the end of the pdf for a Nison candlestick pdf's. Best of all, it's free!
Just digging in the trenches like everyone else!
  • #3,175
  • Mar 19, 2009 2:24pm Mar 19, 2009 2:24pm
Quoting davids
Cheers Mate

I have decided that the more knowlegde I can get the better so spent about £200 at amazon this week

This is probable the only candlestick book you will ever need
That my friend is £200 very well spent.

I spent a lot more than that learning!! and it wasnt on books!!
  • #3,176
  • Mar 19, 2009 2:27pm Mar 19, 2009 2:27pm
Quoting eohater
There's a link in the thread and at the end of the pdf for a Nison candlestick pdf's. Best of all, it's free!
Here:

http://www.pdf-search-engine.com/steve-nison-pdf.html
Just digging in the trenches like everyone else!
  • #3,177
  • Mar 19, 2009 2:27pm Mar 19, 2009 2:27pm
Quoting eohater
There's a link in the thread and at the end of the pdf for a Nieson candlestick pdf's. Best of all, it's free!
Thanks I did see it and have got it it just nice to have a proper book that I don't have to print out.
  • #3,178
  • Mar 19, 2009 2:28pm Mar 19, 2009 2:28pm
Quoting eohater
There's a link in the thread and at the end of the pdf for a Nieson candlestick pdf's. Best of all, it's free!
I wonder how much is updated in the second edition, as the first appears to be available for free download in pdf format on the web. Don't ask me where - ask google
  • #3,179
  • Mar 19, 2009 2:28pm Mar 19, 2009 2:28pm
Quoting davids
Thanks I did see it and have got it it just nice to have a proper book that I don't have to print out.
Nothing wrong with that!
Just digging in the trenches like everyone else!
  • #3,180
  • Mar 19, 2009 2:29pm Mar 19, 2009 2:29pm
Quoting eohater
Here:

http://www.pdf-search-engine.com/steve-nison-pdf.html
cool cheers!!
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