Trade what you see NOT what you expect | Page 184 | Forex Factory

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Trade what you see NOT what you expect

  • #3,661
  • Mar 24, 2009 1:37am Mar 24, 2009 1:37am
Quoting ezmystic
lucky i was covered on that one
Well the next seat is just around the corner. Nice trade management getting covered on that one when you did!
  • #3,662
  • Mar 24, 2009 1:40am Mar 24, 2009 1:40am
i sold at 4669 as the 15m candle closed with essentially a flat top and just through the 35ema and well through the 50ema (not sure which order the emas have to be in honestly). I took half off at 4653 (5sma) and rest closed at b/e
  • #3,663
  • Mar 24, 2009 1:49am Mar 24, 2009 1:49am
All - Don't forget GBP CPI is due out in about 40 minutes and inflation report hearings start in an hour.
  • #3,664
  • Mar 24, 2009 2:31am Mar 24, 2009 2:31am
morning guys! good news for £ just released glad i swapped my short for a long!
  • #3,665
  • Mar 24, 2009 2:49am Mar 24, 2009 2:49am
Quoting ezodisy
i sold at 4669 as the 15m candle closed with essentially a flat top and just through the 35ema and well through the 50ema (not sure which order the emas have to be in honestly). I took half off at 4653 (5sma) and rest closed at b/e
nice one
please DON'T copy my trades I am still learning
  • #3,666
  • Mar 24, 2009 2:58am Mar 24, 2009 2:58am
Thanks ez, though I should have gone long as price found support around yesterday's high
  • #3,667
  • Mar 24, 2009 3:56am Mar 24, 2009 3:56am
Morning, folks
Took a small long at 15M pin. Didn't like it, closed +10.
Anybody is looking for short atm?
15M - 35/50 cross and reverse?
  • #3,668
  • Mar 24, 2009 3:58am Mar 24, 2009 3:58am
Quoting Komissar
Morning, folks
Took a small long at 15M pin. Didn't like it, closed +10.
Anybody is looking for short atm?
15M - 35/50 cross and reverse?
Good morning...i am waiting for 1H close...
  • #3,669
  • Mar 24, 2009 4:13am Mar 24, 2009 4:13am
Quoting Komissar
Morning, folks
Took a small long at 15M pin. Didn't like it, closed +10.
Anybody is looking for short atm?
15M - 35/50 cross and reverse?

I had to wait a liitle bit more!
  • #3,670
  • Mar 24, 2009 5:38am Mar 24, 2009 5:38am
drops a pin.
  • #3,671
  • Mar 24, 2009 5:50am Mar 24, 2009 5:50am
I've found that some of the techniques discussed on here work on high timeframes, and on a day like today where it's been relatively quiet and choppy, looking at the half hourly and the hourly can give clues as to where the market is going.

The pin bars are obvious, the tweezer top was good for some pips, and gave an indication that the bull movement was over.
Attached Image (click to enlarge)
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  • #3,672
  • Mar 24, 2009 5:51am Mar 24, 2009 5:51am
Shampoo time???????????
Hi, my name is Barry and you can keep your doctor...
  • #3,673
  • Mar 24, 2009 5:54am Mar 24, 2009 5:54am
As an aside, for anyone that wants to read a bit more about tweezer top/bottoms, take a look at the james16 price action thread. He refers to them as dhblc (double high bar lower close) and dlbhc (double low bar higher close).
  • #3,674
  • Mar 24, 2009 5:57am Mar 24, 2009 5:57am
Quoting cisco
Shampoo time???????????
I don't see it, can you post up a chart?
  • #3,675
  • Mar 24, 2009 6:00am Mar 24, 2009 6:00am
15 m chart. Kind of a busy chart, sorry.
Hi, my name is Barry and you can keep your doctor...
  • #3,676
  • Mar 24, 2009 6:01am Mar 24, 2009 6:01am
Here it is, I hope.
Attached Image
Hi, my name is Barry and you can keep your doctor...
  • #3,677
  • Mar 24, 2009 6:05am Mar 24, 2009 6:05am
Something I a seeing on the 15 min,,
Attached Image (click to enlarge)
Click to Enlarge Name: gbp 15.JPG Size: 220 KB
Good Trading To All ; Ken Lee
  • #3,678
  • Mar 24, 2009 6:18am Mar 24, 2009 6:18am
Good morning everyone!

I hope everyone has had a good session so far. Here's my update. Yesterday, after I placed my short order, I lost internet connection. I waited about an 1h and it never returned, my longs were still running, but my short was getting shittier. So, I called my broker to close my short for a loss. I never received internet connection until this morning. Upon getting up with my son, I entered a short position at 4745, I've taken some profit and covered the rest.

Moral of the story, if you don't have your broker on speed dial, do it now!

Now, let's make some money.
Just digging in the trenches like everyone else!
  • #3,679
  • Mar 24, 2009 6:22am Mar 24, 2009 6:22am
Quoting eohater
Good morning everyone!

I hope everyone has had a good session so far. Here's my update. Yesterday, after I placed my short order, I lost internet connection. I waited about an 1h and it never returned, my longs were still running, but my short was getting shittier. So, I called my broker to close my short for a loss. I never received internet connection until this morning. Upon getting up with my son, I entered a short position at 4745, I've taken some profit and covered the rest.

Moral of the story, if you don't have your broker on speed dial,...
Morning EO. Can you give us a quick run down on the reasons for going short at 4745?

Thanks
  • #3,680
  • Mar 24, 2009 6:23am Mar 24, 2009 6:23am
Right now we've had a retest of yesterday's highs. If she goes back up and closes above the 15m neckline I'm thinking long.
Hi, my name is Barry and you can keep your doctor...
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