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Trade what you see NOT what you expect

  • #5,021
  • Mar 31, 2009 9:05am Mar 31, 2009 9:05am
Quoting Turtle
Got it....makes sense.

Thanks in advance

HOLLA
One other noteworthy item - (EO Please advise if this factored in at all) - the green candle prior to shorting (I believe) was a long full bodied candle that closed with almost zero top wick, which is one of many things that can be used/considered while looking for a reversal type position.
  • #5,022
  • Mar 31, 2009 9:09am Mar 31, 2009 9:09am
Quoting nyjetfan
One other noteworthy item - (EO Please advise if this factored in at all) - the green candle prior to shorting (I believe) was a long full bodied candle that closed with almost zero top wick, which is one of many things that can be used/considered while looking for a reversal type position.
Yes, you are correct, I didn't get in because was not sure of the closing above the wick. Now that I know....I'll be ready for the next time.

Great trade EO.....

Great point NYJ....


HOLLA
  • #5,023
  • Mar 31, 2009 9:15am Mar 31, 2009 9:15am
Thanks to ALL you guys for discussing your trades. What might not seem like much to you guys is getting soaked up by the masses!

Mike
Mike
  • #5,024
  • Mar 31, 2009 9:19am Mar 31, 2009 9:19am
You all rock in this thread BTW...I will share something that I know will make EO feel quite happy and satisfied....I mentioned to him before that I started trading live back in October with the goal of making some cash for a weight reduction surgery that our oldest son could really use.....I should tell you ALL that this month I have met my goal to pay for this surgery and in great part it has been accomplished with the help of unselfish contribution shared in this thread....I believe in God and I foremost THANK Him for this....but I must give due credit to this awesome thread.....THANKS again !!!
  • #5,025
  • Mar 31, 2009 9:21am Mar 31, 2009 9:21am
Quoting rt4x
You all rock in this thread BTW...I will share something that I know will make EO feel quite happy and satisfied....I mentioned to him before that I started trading live back in October with the goal of making some cash for a weight reduction surgery that our oldest son could really use.....I should tell you ALL that this month I have met my goal to pay for this surgery and in great part it has been accomplished with the help of unselfish contribution shared in this thread....I believe in God and I foremost THANK Him for this....but I must...
Awesome stuff! I hope the surgery goes well.
  • #5,026
  • Mar 31, 2009 9:23am Mar 31, 2009 9:23am
Quoting rt4x
You all rock in this thread BTW...I will share something that I know will make EO feel quite happy and satisfied....I mentioned to him before that I started trading live back in October with the goal of making some cash for a weight reduction surgery that our oldest son could really use.....I should tell you ALL that this month I have met my goal to pay for this surgery and in great part it has been accomplished with the help of unselfish contribution shared in this thread....I believe in God and I foremost THANK Him for this....but I must...
  • #5,027
  • Mar 31, 2009 9:23am Mar 31, 2009 9:23am
great news, I hope the surgery is a success
  • #5,028
  • Mar 31, 2009 9:26am Mar 31, 2009 9:26am
Thanks to All of you for your nice comments....and let's keep on bagging green ones !!!
  • #5,029
  • Mar 31, 2009 9:28am Mar 31, 2009 9:28am
Awesome rt . Take what eo and the guys give so unselfishly and pay it forward. Good stuff. Best of luck to your son.
Mike
  • #5,030
  • Mar 31, 2009 9:31am Mar 31, 2009 9:31am
Quoting rt4x
You all rock in this thread BTW...I will share something that I know will make EO feel quite happy and satisfied....I mentioned to him before that I started trading live back in October with the goal of making some cash for a weight reduction surgery that our oldest son could really use.....I should tell you ALL that this month I have met my goal to pay for this surgery and in great part it has been accomplished with the help of unselfish contribution shared in this thread....I believe in God and I foremost THANK Him for this....but I must...

Out freaking standing! This is awesome news! I've got goose bumps!
Just digging in the trenches like everyone else!
  • #5,031
  • Mar 31, 2009 9:32am Mar 31, 2009 9:32am
Quoting eohater
Out freaking standing! This is awesome news! I've got goose bumps!
ALL these cool icons are not enough to CELEBRATE huh?
  • #5,032
  • Mar 31, 2009 9:33am Mar 31, 2009 9:33am
I just took some more profit off at 4310 on my shorts. Keeping the rest at +3.
Just digging in the trenches like everyone else!
  • #5,033
  • Mar 31, 2009 9:35am Mar 31, 2009 9:35am
Where the hell is my brother today? He must be on the road.
Just digging in the trenches like everyone else!
  • #5,034
  • Mar 31, 2009 9:36am Mar 31, 2009 9:36am
Quoting eohater
I just took some more profit off at 4310 on my shorts. Keeping the rest at +3.
Just to clarify, you took the short at 4360 because of the exhausted candle with very little wick? I also have a trend line in that area.
  • #5,035
  • Mar 31, 2009 9:39am Mar 31, 2009 9:39am
Quoting PippiNole
Just to clarify, you took the short at 4360 because of the exhausted candle with very little wick? I also have a trend line in that area.
I was prompted to look for the short from the prior pin we got. I waited for the price to move up the wick of that pin, just so happens, the following candle did exhaust itself along with the pin to go short. SL was 25 over wick price.
Just digging in the trenches like everyone else!
  • #5,036
  • Mar 31, 2009 9:41am Mar 31, 2009 9:41am
Quoting eohater
I was prompted to look for the short from the prior pin we got. I waited for the price to move up the wick of that pin, just so happens, the following candle did exhaust itself along with the pin to go short. SL was 25 over wick price.
Thank you sir and I hope this explanation helps everyone.
  • #5,037
  • Mar 31, 2009 9:44am Mar 31, 2009 9:44am
Infinity is M.I.A. Is he still looking for Bob?
  • #5,038
  • Mar 31, 2009 9:46am Mar 31, 2009 9:46am
Quoting eohater
Where the hell is my brother today? He must be on the road.
Just got back.... no trades for me so far this US session.. been on the road the whole day... I hope you made 2 truck loads of pips so far...
Patience + Discipline - Greed = Success
  • #5,039
  • Mar 31, 2009 9:46am Mar 31, 2009 9:46am
Quoting PippiNole
Infinity is M.I.A. Is he still looking for Bob?
Do I SEE Infinity signed on...or is it my imagination !!!!
  • #5,040
  • Mar 31, 2009 9:47am Mar 31, 2009 9:47am
Quoting PippiNole
Infinity is M.I.A. Is he still looking for Bob?
http://tbn0.google.com/images?q=tbn:...marley_000.jpg
Patience + Discipline - Greed = Success
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