Trade what you see NOT what you expect | Page 248 | Forex Factory

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Trade what you see NOT what you expect

  • #4,941
  • Mar 31, 2009 2:10am Mar 31, 2009 2:10am
Quoting eohater
I hope you guys got in on this short. I just had two of my TP's hit on my position and have a small part sill open.
Already took some profit off and have some still marching south that are covered.

Slight fatfinger of my "cover" (ie stop loss) so I'm now out but profits are there.
  • #4,942
  • Mar 31, 2009 2:13am Mar 31, 2009 2:13am
Look at thos freakin buyers go!
Just digging in the trenches like everyone else!
  • #4,943
  • Mar 31, 2009 2:13am Mar 31, 2009 2:13am
EO - would you consider that a hanging man based on the look of the current 15m candle? I know we have 2 mins til close.
  • #4,944
  • Mar 31, 2009 2:16am Mar 31, 2009 2:16am
Quoting nyjetfan
EO - would you consider that a hanging man based on the look of the current 15m candle? I know we have 2 mins til close.
NO!!

To be a hangman, the prior candle needed to be a full body candle with small wick.
Just digging in the trenches like everyone else!
  • #4,945
  • Mar 31, 2009 2:17am Mar 31, 2009 2:17am
Quoting eohater
NO!!

To be a hangman, the prior candle needed to be a full body candle with small wick.
Oh well, back at the bus stop waiting for another seat.
  • #4,946
  • Mar 31, 2009 2:27am Mar 31, 2009 2:27am
So what's your current take on things EO? Kicking myself for not taking the short on open of current 15m candle, and then again for not taking a long from the 426x range as the support has been there. Any trades on the horizon or have you already ping ponged this thing 2-3 times bteween 4300 and 2465?
  • #4,947
  • Mar 31, 2009 2:31am Mar 31, 2009 2:31am
Quoting eohater
Look at thos freakin buyers go!

ahah yeah ive been buying dips since NY close took my last seat on that dip to 4260 region and saw her getting smacked right back down so i covered with some good pips asap so i didnt end up with my ()() on the chopping block lol
  • #4,948
  • Mar 31, 2009 2:47am Mar 31, 2009 2:47am
Quoting nyjetfan
So what's your current take on things EO? Kicking myself for not taking the short on open of current 15m candle, and then again for not taking a long from the 426x range as the support has been there. Any trades on the horizon or have you already ping ponged this thing 2-3 times bteween 4300 and 2465?
I am on the long side now from 4265, but I'm not sure how long I'll be here. I'll be taking some profit at 4285. I could see us getting a hangman on the h4 and h1, but we still have 15m left.
Just digging in the trenches like everyone else!
  • #4,949
  • Mar 31, 2009 2:48am Mar 31, 2009 2:48am
Quoting NwFXenthsist
ahah yeah ive been buying dips since NY close took my last seat on that dip to 4260 region and saw her getting smacked right back down so i covered with some good pips asap so i didnt end up with my ()() on the chopping block lol
Good job on the positive pips!
Just digging in the trenches like everyone else!
  • #4,950
  • Mar 31, 2009 2:49am Mar 31, 2009 2:49am
my h4 closed last hour and it looks something between a hangman and evening star...
  • #4,951
  • Mar 31, 2009 2:50am Mar 31, 2009 2:50am
Quoting eohater
I am on the long side now from 4265, but I'm not sure how long I'll be here. I'll be taking some profit at 4285. I could see us getting a hangman on the h4 and h1, but we still have 15m left.
I just closed this at +3. I wanted to see this get through the 15m 35. On the sides now. I might be done.
Just digging in the trenches like everyone else!
  • #4,952
  • Mar 31, 2009 3:01am Mar 31, 2009 3:01am
Quoting eohater
I am on the long side now from 4265, but I'm not sure how long I'll be here. I'll be taking some profit at 4285. I could see us getting a hangman on the h4 and h1, but we still have 15m left.
Morning all,

not really awake yet

my son didn't sleep well tonight

What made you buy there EO?
  • #4,953
  • Mar 31, 2009 3:05am Mar 31, 2009 3:05am
Quoting dariuske
Morning all,

not really awake yet

my son didn't sleep well tonight

What made you buy there EO?
Morning Dariuske,

EO may be gone for the morning, but if you look at the 15m chart you'll see prior PA around the 1.4265 range. Over the last 2-3 hours there are many times where the wicks of candles get down to that area (2455-4265) and then head back up, so as EO always says prior PA is always in play (until its taken out).

Hope this helps.
  • #4,954
  • Mar 31, 2009 3:09am Mar 31, 2009 3:09am
Quoting nyjetfan
Morning Dariuske,

EO may be gone for the morning, but if you look at the 15m chart you'll see prior PA around the 1.4265 range. Over the last 2-3 hours there are many times where the wicks of candles get down to that area (2455-4265) and then head back up, so as EO always says prior PA is always in play (until its taken out).

Hope this helps.

Thx nyjetfan. That makes sence.

Like i said. I'm not really awake yet!

And since I don't drink coffee, it probably takes me longer than others to get out of 'sleepy' mode.
  • #4,955
  • Mar 31, 2009 3:18am Mar 31, 2009 3:18am
Quoting dariuske
Morning all,

not really awake yet

my son didn't sleep well tonight

What made you buy there EO?
It was near the previous low and the buying interest shown.

I understand about your son not sleeping well, mine does it at times too and it wears my ass out. Hope he and you are ok!
Just digging in the trenches like everyone else!
  • #4,956
  • Mar 31, 2009 3:19am Mar 31, 2009 3:19am
Quoting nyjetfan
Morning Dariuske,

EO may be gone for the morning, but if you look at the 15m chart you'll see prior PA around the 1.4265 range. Over the last 2-3 hours there are many times where the wicks of candles get down to that area (2455-4265) and then head back up, so as EO always says prior PA is always in play (until its taken out).

Hope this helps.
Thanks for the response bro! Excellent explaination!

I'm off to grab some sleep before the US Session. I'm flat on all positions.

Trade well guys!
EO
Just digging in the trenches like everyone else!
  • #4,957
  • Mar 31, 2009 3:28am Mar 31, 2009 3:28am
Quoting ezodisy
my h4 closed last hour and it looks something between a hangman and evening star...
Hi Ezodisy. My charts ,H4, show a tweezer top w/in 2 pips. Also indication of reversal but look at daily - big time PB indicating some up movement ???

Art
  • #4,958
  • Mar 31, 2009 3:33am Mar 31, 2009 3:33am
Quoting eohater
I just closed this at +3.
Just to clarify, that's +3 pips? Or am I missing something? I always thought you shot for bigger goals than that.
  • #4,959
  • Mar 31, 2009 4:36am Mar 31, 2009 4:36am
Morning, fellows.
As I see 200ma on 15M is acting as a support for a while, but it's forwarded down.
Is it right to consider a downbreak of 200ma as a bias change?
  • #4,960
  • Mar 31, 2009 4:41am Mar 31, 2009 4:41am
Was just logging in to post that re 200 sma on 15m, also 20sma appears to be resistance ?

or maybe the 35sma now!
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