Trade what you see NOT what you expect | Page 198 | Forex Factory

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Trade what you see NOT what you expect

  • #3,941
  • Mar 25, 2009 11:08am Mar 25, 2009 11:08am
Quoting rt4x
Please excuse my ignorance...when the pin builds like this (wick on top) but on a down, bearish trend...is this a bullish reversal pin or a bearish continuation pin..????
I was talking about a bearish pin .... but it did not close as I would have liked for a short... I still have some longs at 4550.. if I get stopped out..no problem...

We are still inside the channel and we closed higher than the previous h4 candle...
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Patience + Discipline - Greed = Success
  • #3,942
  • Mar 25, 2009 11:16am Mar 25, 2009 11:16am
Quoting Komissar
I would call it "inverted hummer".
Also, is there "inverted" H&S on 15M?
Nice spot there....

I also found the inverted "hummer"...
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Patience + Discipline - Greed = Success
  • #3,943
  • Mar 25, 2009 11:20am Mar 25, 2009 11:20am
Quoting Infinity
Nice spot there....

I also found the inverted "hummer"...
  • #3,944
  • Mar 25, 2009 11:20am Mar 25, 2009 11:20am
Quoting Infinity
Nice spot there....

I also found the inverted "hummer"...

Looooooooooooooooool , looking for Shampoo H$S too
Never sell @ lower upward channel unless breacked and vise versa .
  • #3,945
  • Mar 25, 2009 11:22am Mar 25, 2009 11:22am
Quoting Infinity
Nice spot there....

I also found the inverted "hummer"...
LOL!

100 SMA on daily chart @ 1.4515....
Trading is 80% Emotional, 20% Technical
  • #3,946
  • Mar 25, 2009 11:23am Mar 25, 2009 11:23am
Did anyone just reenter long in the 50's... I just added some more...
Patience + Discipline - Greed = Success
  • #3,947
  • Mar 25, 2009 11:26am Mar 25, 2009 11:26am
Quoting Infinity
Did anyone just reenter long in the 50's... I just added some more...
I was making a sandwich and came back in time to go long at 4558 off the trendline.
  • #3,948
  • Mar 25, 2009 11:26am Mar 25, 2009 11:26am
Quoting Infinity
Did anyone just reenter long in the 50's... I just added some more...
I set my stop at +2 now.. because if we break out of the channel, we could see 4400....I would buy there...
Patience + Discipline - Greed = Success
  • #3,949
  • Mar 25, 2009 11:27am Mar 25, 2009 11:27am
Quoting fx local
LOL!

100 SMA on daily chart @ 1.4515....
Mine is at 4646 atm...
Patience + Discipline - Greed = Success
  • #3,950
  • Mar 25, 2009 11:31am Mar 25, 2009 11:31am
Triple swap day could take us up to the highs later on...
Patience + Discipline - Greed = Success
  • #3,951
  • Mar 25, 2009 11:32am Mar 25, 2009 11:32am
And here is the pin at 15M. Let's see where it will bring GU.
  • #3,952
  • Mar 25, 2009 11:32am Mar 25, 2009 11:32am
Quoting Infinity
Did anyone just reenter long in the 50's... I just added some more...
Yep

Pin on 15min Eg should help this up if it plays out too
  • #3,953
  • Mar 25, 2009 11:32am Mar 25, 2009 11:32am
long 4563, covered
  • #3,954
  • Mar 25, 2009 11:41am Mar 25, 2009 11:41am
If we get a break down of these levels... I have daily 50ema and h4 50ema at 4400 and also previous support at this level as well. So 4400 should be a good area to long again if we get there...
Patience + Discipline - Greed = Success
  • #3,955
  • Mar 25, 2009 11:43am Mar 25, 2009 11:43am
There is a possible shampoo on h1 with the neckline being the base of the channel we are in.. so I think we will go down fast if this plays out.... in other words... take profit along the way and cover your positions...
Patience + Discipline - Greed = Success
  • #3,956
  • Mar 25, 2009 11:44am Mar 25, 2009 11:44am
Quoting Infinity
If we get a break down of these levels... I have daily 50ema and h4 50ema at 4400 and also previous support at this level as well. So 4400 should be a good area to long again if we get there...
I hope we stay here.
16 min more, and we could get a pin at 1H
  • #3,957
  • Mar 25, 2009 11:48am Mar 25, 2009 11:48am
Quoting Komissar
I hope we stay here.
16 min more, and we could get a pin at 1H
Yeah was looking at that too, would be nice. Its under pressure at the moment though!
  • #3,958
  • Mar 25, 2009 11:53am Mar 25, 2009 11:53am
Quoting PipLand
Yeah was looking at that too, would be nice. Its under pressure at the moment though!
ouch lol
  • #3,959
  • Mar 25, 2009 11:54am Mar 25, 2009 11:54am
I went long with EO, but i just closed out for a small loss, feels uncomfortable
  • #3,960
  • Mar 25, 2009 11:55am Mar 25, 2009 11:55am
Quoting BenScoobert
I went long with EO, but i just closed out for a small loss, feels uncomfortable
my Sl was below the trendline got hit too
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