Trade what you see NOT what you expect | Page 199 | Forex Factory

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Trade what you see NOT what you expect

  • #3,961
  • Mar 25, 2009 11:56am Mar 25, 2009 11:56am
Quoting Infinity
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...
That's exactly what I just did....close and reverse at 4572. Took profit on this run down, s/l @ +2.

Will see if another setup presents itself later. :nerd:

HOLLA
  • #3,962
  • Mar 25, 2009 12:01pm Mar 25, 2009 12:01pm
Quoting Turtle
That's exactly what I just did....close and reverse at 4572. Took profit on this run down, s/l @ +2.

Will see if another setup presents itself later. :nerd:

HOLLA
Great job bro! I got some profit off my last longs at 85 and got stopped out +2 on the rest along with my original 4550 position... It was a good ride though.. I got over 170 pips on it...

I am not in a position now... but will look again after lunch...
Patience + Discipline - Greed = Success
  • #3,963
  • Mar 25, 2009 12:02pm Mar 25, 2009 12:02pm
I see next support coming in between 4390 - 4450
Attached Image (click to enlarge)
Click to Enlarge Name: support.gif Size: 60 KB
  • #3,964
  • Mar 25, 2009 12:03pm Mar 25, 2009 12:03pm
Quoting Infinity
Mine is at 4646 atm...
ok bro cool, its bizzare that they can differ isnt it?

move to the highs wouldnt be a surprise in a whipsaw day like today!
Trading is 80% Emotional, 20% Technical
  • #3,965
  • Mar 25, 2009 12:05pm Mar 25, 2009 12:05pm
Quoting Infinity
Great job bro! I got some profit off my last longs at 85 and got stopped out +2 on the rest along with my original 4550 position... It was a good ride though.. I got over 170 pips on it...

I am not in a position now... but will look again after lunch...
Nice bro........

I'm off to lunch also.

HOLLA
  • #3,966
  • Mar 25, 2009 12:06pm Mar 25, 2009 12:06pm
Quoting fx local
ok bro cool, its bizzare that they can differ isnt it?

move to the highs wouldnt be a surprise in a whipsaw day like today!
Yeah bro... It depends on the close times for the calculation... I think we will still end the day higher... but that's just what I think atm, not what I see..
Patience + Discipline - Greed = Success
  • #3,967
  • Mar 25, 2009 12:06pm Mar 25, 2009 12:06pm
Back from lunch! I see my long is in the shitter. I've added to my position and SL is below 4500.
Just digging in the trenches like everyone else!
  • #3,968
  • Mar 25, 2009 12:07pm Mar 25, 2009 12:07pm
Quoting fx local
LOL!

100 SMA on daily chart @ 1.4515....
im in here @20s tight stop.....
Trading is 80% Emotional, 20% Technical
  • #3,969
  • Mar 25, 2009 12:08pm Mar 25, 2009 12:08pm
Quoting eohater
Back from lunch! I see my long is in the shitter. I've added to my position and SL is below 4500.
brave, you in for a full 6 units too?
  • #3,970
  • Mar 25, 2009 12:09pm Mar 25, 2009 12:09pm
Quoting BenScoobert
brave, you in for a full 6 units too?
I have 8 on this trade currently.
Just digging in the trenches like everyone else!
  • #3,971
  • Mar 25, 2009 12:09pm Mar 25, 2009 12:09pm
Quoting eohater
Back from lunch! I see my long is in the shitter. I've added to my position and SL is below 4500.
I'm just going out to lunch now bro! I opened a new position at 4520 with stop below 4500 as well..... ...
Patience + Discipline - Greed = Success
  • #3,972
  • Mar 25, 2009 12:10pm Mar 25, 2009 12:10pm
Quoting fx local
im in here @20s tight stop.....
Excellent job with that 4515..
Patience + Discipline - Greed = Success
  • #3,973
  • Mar 25, 2009 12:10pm Mar 25, 2009 12:10pm
Quoting Infinity
I'm just going out to lunch now bro! I opened a new position at 4520 with stop below 4500 as well..... ...
identical position bro
Trading is 80% Emotional, 20% Technical
  • #3,974
  • Mar 25, 2009 12:10pm Mar 25, 2009 12:10pm
Quoting Infinity
I'm just going out to lunch now bro! I opened a new position at 4520 with stop below 4500 as well..... ...
I would like to see us above 4600 when you get back bro! Enjoy your lunch!
Just digging in the trenches like everyone else!
  • #3,975
  • Mar 25, 2009 12:13pm Mar 25, 2009 12:13pm
hey guys, just wondering why you're taking longs here? My 1h chart shows broken support.....cheers
  • #3,976
  • Mar 25, 2009 12:15pm Mar 25, 2009 12:15pm
Quoting ezodisy
hey guys, just wondering why you're taking longs here? My 1h chart shows broken support.....cheers
My longs are based off the h4 time frame.
Just digging in the trenches like everyone else!
  • #3,977
  • Mar 25, 2009 12:17pm Mar 25, 2009 12:17pm
Quoting Infinity
Excellent job with that 4515..
thanks bro, locked in some... let the rest run.....
Trading is 80% Emotional, 20% Technical
  • #3,978
  • Mar 25, 2009 12:18pm Mar 25, 2009 12:18pm
Quoting eohater
My longs are based off the h4 time frame.
lol I still dont see it, but i will gladly sit out and admire your wisdom
  • #3,979
  • Mar 25, 2009 12:19pm Mar 25, 2009 12:19pm
A little bounce off yesterday's lows, plus TIW later.
Hi, my name is Barry and you can keep your doctor...
  • #3,980
  • Mar 25, 2009 12:20pm Mar 25, 2009 12:20pm
yeah I have to say that I don't see this move either. One thing I do see is that the 1h 5sma is way too far above price just now, that alone would make me look for a long
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