Trade what you see NOT what you expect | Page 239 | Forex Factory

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Trade what you see NOT what you expect

  • #4,761
  • Mar 30, 2009 3:23am Mar 30, 2009 3:23am
http://www.forexfactory.com/nfs/cust...tar84386_2.gifnyjetfan http://www.forexfactory.com/images/s...ser_online.gif
FX Lackey
Member Since Oct 2008
237 Posts

http://www.forexfactory.com/images/icons/icon1.gif
So any insights into which way she'll break?

If I just wanted to watch something lie still I'd go have sex with my
wife...


Hey anyone want to buy a post ..
Good Trading To All ; Ken Lee
  • #4,762
  • Mar 30, 2009 3:24am Mar 30, 2009 3:24am
Quoting eohater
I didn't mean to scare you out, she could only be taking a breather atm.
You are wiser than me, it would be silly not to pay attention.
There will always be another trade :-)
  • #4,763
  • Mar 30, 2009 3:25am Mar 30, 2009 3:25am
Quoting Infinity
Excellent trading yourself bro! I took 20 pips off myself...It looks like it has potential though... H1 tweezer bottoms could be coming up as well.. but I am very tired....
So am I bro, I'm gonna cover my position in about 6m and go back to bed myself.
Just digging in the trenches like everyone else!
  • #4,764
  • Mar 30, 2009 3:27am Mar 30, 2009 3:27am
Quoting eohater
So am I bro, I'm gonna cover my position in about 6m and go back to bed myself.
That is my plan as well...
Patience + Discipline - Greed = Success
  • #4,765
  • Mar 30, 2009 3:27am Mar 30, 2009 3:27am
Quoting eohater
So am I bro, I'm gonna cover my position in about 6m and go back to bed myself.
Before you do - Can you call London and inform them their market is open?
  • #4,766
  • Mar 30, 2009 3:27am Mar 30, 2009 3:27am
Quoting KENNETH lEE
http://www.forexfactory.com/nfs/cust...tar84386_2.gifnyjetfan http://www.forexfactory.com/images/s...ser_online.gif
FX Lackey
Member Since Oct 2008
237 Posts

http://www.forexfactory.com/images/icons/icon1.gif
So any insights into which way she'll break?

If I just wanted to watch something lie still...
She probably says the same about him.
  • #4,767
  • Mar 30, 2009 3:28am Mar 30, 2009 3:28am
Quoting nyjetfan
Dariuske - Nice trade, just curious why you played that as an inverted hammer vs a pin?
i took it because it had a higher bottom, i had a h4 support line at 4135 and the 1m formed a doji
  • #4,768
  • Mar 30, 2009 3:28am Mar 30, 2009 3:28am
Quoting Infinity
Excellent trading yourself bro! I took 20 pips off myself...It looks like it has potential though... H1 tweezer bottoms could be coming up as well.. but I am very tired....
Could get a hammer on the h1 to go with those tweezers. Took 20 more, now I'm covering at +3.
Just digging in the trenches like everyone else!
  • #4,769
  • Mar 30, 2009 3:32am Mar 30, 2009 3:32am
I'm headed bzack to bed...see everyone in the US Session!
Just digging in the trenches like everyone else!
  • #4,770
  • Mar 30, 2009 3:32am Mar 30, 2009 3:32am
Quoting eohater
Could get a hammer on the h1 to go with those tweezers. Took 20 more, now I'm covering at +3.
That's right bro! I'm covered as well... back to bed for me...
Patience + Discipline - Greed = Success
  • #4,771
  • Mar 30, 2009 3:33am Mar 30, 2009 3:33am
Quoting eohater
I'm headed bzack to bed...see everyone in the US Session!
Patience + Discipline - Greed = Success
  • #4,772
  • Mar 30, 2009 3:33am Mar 30, 2009 3:33am
nyjetfan

i only speak of a pin bar when the candle has a long wick in the direction of the trend (upper wick if the market is going up, lower wick if the market is going doing)

here the wick was going against the trend
  • #4,773
  • Mar 30, 2009 3:33am Mar 30, 2009 3:33am
cya later infinity and eo
  • #4,774
  • Mar 30, 2009 3:34am Mar 30, 2009 3:34am
Quoting dariuske
nyjetfan

i only speak of a pin bar when the candle has a long wick in the direction of the trend (upper wick if the market is going up, lower wick if the market is going doing)

here the wick was going against the trend
Thanks for that information. Again, you definitely made the right call, just trying to understand more clearly when reading PA bars.

Thanks again!
  • #4,775
  • Mar 30, 2009 3:35am Mar 30, 2009 3:35am
No problem.

Yw!
  • #4,776
  • Mar 30, 2009 3:55am Mar 30, 2009 3:55am
Went short at 1480.

Touch of the 15min 21ema for the first time in a while.

Closed after 20 pips profit.
Attached Image (click to enlarge)
Click to Enlarge Name: 15m30032.gif Size: 38 KB
  • #4,777
  • Mar 30, 2009 3:58am Mar 30, 2009 3:58am
[quote=dariuske;2637127]Went short at 1480.
quote]

that would be 4180 ofcourse (not 1480)
  • #4,778
  • Mar 30, 2009 4:55am Mar 30, 2009 4:55am
Got in long at 4139 (after close of candle with long wick down to 411x). Currently up 25, have taken some off and covered the rest.
  • #4,779
  • Mar 30, 2009 4:57am Mar 30, 2009 4:57am
Anybody trade that pin bar?

I didn't because it took out the 4135 support line and was afraid it would drop until the next one (4090).
Seems i was wrong.
Maybe the fact that the candle closed above the support again, was a good sign.

No harm done. Waiting for the next one.
Attached Image (click to enlarge)
Click to Enlarge Name: 15m30033.gif Size: 38 KB
  • #4,780
  • Mar 30, 2009 4:59am Mar 30, 2009 4:59am
Quoting nyjetfan
Got in long at 4139 (after close of candle with long wick down to 411x). Currently up 25, have taken some off and covered the rest.

good call nyjetfan!
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