Trade what you see NOT what you expect | Page 237 | Forex Factory

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Trade what you see NOT what you expect

  • #4,721
  • Mar 29, 2009 10:18pm Mar 29, 2009 10:18pm
Quoting Infinity
I'm out until London, maybe even New York, but I am still short from 1.4295 and looking for 4155 I will be taking profit along the way and will not allow this to turn into a loser... Good luck with your trades.....
You got one hell of a good price bro!
Just digging in the trenches like everyone else!
  • #4,722
  • Mar 29, 2009 10:21pm Mar 29, 2009 10:21pm
Quoting Infinity
I see bro.....however, because of gaps and different close times, I don't normally read too much into those two h4 candles...
Thanks for the insight bro! Valuable information to know I believe. :nerd:
Just digging in the trenches like everyone else!
  • #4,723
  • Mar 29, 2009 10:22pm Mar 29, 2009 10:22pm
Quoting Infinity
I know what you are talking about too...

Have a good one....
- - - - - -
Just digging in the trenches like everyone else!
  • #4,724
  • Mar 29, 2009 10:31pm Mar 29, 2009 10:31pm
Quoting Infinity


I was looking at this tl as a possible target... but lower tf will determine how long I hold it...
I'm in strong agreement with the TP target. I see buyers at 413x to 398x.
Attached Image (click to enlarge)
Click to Enlarge Name: chart.PNG Size: 64 KB
Just digging in the trenches like everyone else!
  • #4,725
  • Mar 29, 2009 10:38pm Mar 29, 2009 10:38pm
Quoting eohater
Back guys, my shorts have hit 1 tp level of 4260, I still have shorts from 4284, they are covered. She's getting tight and could run either way at this point in my eyes.
TP on more of my position at 4240. I'll hold the rest covered and target the trendline on the h4 with them.
Just digging in the trenches like everyone else!
  • #4,726
  • Mar 30, 2009 2:22am Mar 30, 2009 2:22am
Morning all - ANyone find a seat yet this morning? Just took half a normal position long at 1.4141 (Long red candle with little/no wick) - its not making a convincing move north so I've just covered it as its definitely against the trend. (Although she can change in a heartbeat).

Ok, back on the sidelines waiting for a seat. Waiting to see how this current candle closes to see if another long is in order.
  • #4,727
  • Mar 30, 2009 2:29am Mar 30, 2009 2:29am
same NY, and same sentiment, not looking convincing just yet. Will see how the London open handles this. I took half off quite quickly and am letting the other half run with stop loss -25 under my opening. Low risk/high reward trade here, so no problem.
  • #4,728
  • Mar 30, 2009 2:35am Mar 30, 2009 2:35am
Quoting ezodisy
same NY, and same sentiment, not looking convincing just yet. Will see how the London open handles this. I took half off quite quickly and am letting the other half run with stop loss -25 under my opening. Low risk/high reward trade here, so no problem.
Well looks like I didn't give her enough breathing room. Oh well, will have to hop on the next one that comes along.
  • #4,729
  • Mar 30, 2009 2:39am Mar 30, 2009 2:39am
morning mate. I've cut at 4179 for a decent profit to start the week. It hit a resistance line on 15m. Will look to add again on a fall
  • #4,730
  • Mar 30, 2009 2:41am Mar 30, 2009 2:41am
Quoting ezodisy
morning mate. I've cut at 4179 for a decent profit to start the week. It hit a resistance line on 15m. Will look to add again on a fall
Very nice! So what's your take on the current 15m candle we have shaping up?
  • #4,731
  • Mar 30, 2009 2:42am Mar 30, 2009 2:42am
Quoting ezodisy
morning mate. I've cut at 4179 for a decent profit to start the week. It hit a resistance line on 15m. Will look to add again on a fall
My TP was hit at 4140.

Good job on your trade!
Just digging in the trenches like everyone else!
  • #4,732
  • Mar 30, 2009 2:43am Mar 30, 2009 2:43am
Quoting eohater
My TP was hit at 4140.

Good job on your trade!
Wow, you really do never sleep!
  • #4,733
  • Mar 30, 2009 2:45am Mar 30, 2009 2:45am
lol! morning EO.

NY unfortunately my charts have just frozen. Unbelievable....have to open backup software now
  • #4,734
  • Mar 30, 2009 2:45am Mar 30, 2009 2:45am
Did you shit the bed EO? 2:42am
  • #4,735
  • Mar 30, 2009 2:45am Mar 30, 2009 2:45am
Quoting nyjetfan
Wow, you really do never sleep!


I have an alarm set for 3:30, but I've been up for about 45m.
Just digging in the trenches like everyone else!
  • #4,736
  • Mar 30, 2009 2:46am Mar 30, 2009 2:46am
Morning guys. I see the strong support level here at 14140 but personally I am very reluctant to buy against what could be a very strong flight to safety again today. Looks like the £ and Eur may be in for a very weak day as equities are taking a serious smack after the GM developments have frightened the markets.Tell me when you close your longs and I will take the shorts as the reward is likely to be a bit more secure. I suspect all longs will be bounce rewards again.
Ride the Bulls bearback!
  • #4,737
  • Mar 30, 2009 2:47am Mar 30, 2009 2:47am
Quoting eohater


I have an alarm set for 3:30, but I've been up for about 45m.
I've been up about the same. Only difference is you probably have 50+ pips banked to my 1..

Just sitting on the sidelines now waiting to see a good entry signal. You looking at anything at this point EO?
  • #4,738
  • Mar 30, 2009 2:48am Mar 30, 2009 2:48am
Quoting BenScoobert
Did you shit the bed EO? 2:42am
No, but I'm back long again at 4140 atm. Not sure how long I'll hold this.
Just digging in the trenches like everyone else!
  • #4,739
  • Mar 30, 2009 2:50am Mar 30, 2009 2:50am
Quoting eohater
No, but I'm back long again at 4140 atm. Not sure how long I'll hold this.
So prior PA and support at 1.4140 I presume? What made you go against that last 15m candle which could be viewed as a pin or inverted hammer?
  • #4,740
  • Mar 30, 2009 2:51am Mar 30, 2009 2:51am
As much as I hate to say it, ive gone against you, a little short
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