Trade what you see NOT what you expect | Page 265 | Forex Factory

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Trade what you see NOT what you expect

  • #5,281
  • Apr 1, 2009 5:14am Apr 1, 2009 5:14am
Quoting ezmystic
no i went long, EDIT not from the last candle tho, one about 4 back
I see where you took long, from green arrow.
I mentioned the next candle with red arrow.
But if you look at the left part of the chart, you will see same pattern in a circle.
I didn't short here because I missed it. Dumn!
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  • #5,282
  • Apr 1, 2009 5:15am Apr 1, 2009 5:15am
Quoting ezmystic
no i went long, EDIT not from the last candle tho, one about 4 back

Can we see a chart ?? If it is the candle I am thinking of looks short a shooting star...

Green arrow looks like a hangman but a lot of it's wick is below price , not so good. The red arrow is the shooting star a short signal but combined they look indecisve..
Good Trading To All ; Ken Lee
  • #5,283
  • Apr 1, 2009 5:19am Apr 1, 2009 5:19am
Hey all,

Would that be a hangman on the 1hr?

thanks
  • #5,284
  • Apr 1, 2009 5:26am Apr 1, 2009 5:26am
Quoting KENNETH lEE
Can we see a chart ?? If it is the candle I am thinking of looks short a shooting star...

Green arrow looks like a hangman but a lot of it's wick is below price , not so good. The red arrow is the shooting star a short signal but combined they look indecisve..
here...
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please DON'T copy my trades I am still learning
  • #5,285
  • Apr 1, 2009 5:47am Apr 1, 2009 5:47am
Quoting ezmystic
here...

Looks like you banked some pips with that one...
Good Trading To All ; Ken Lee
  • #5,286
  • Apr 1, 2009 7:28am Apr 1, 2009 7:28am
Quoting Turtle
She closed above that 4hr 50EMA......

With news coming up in 30 minutes, it's back to bed and will see what the US Session brings.

HOLLA
Yes... above the tl as well... seems we have an inverted shampoo in play now that could take us to near 4500 or higher... but we should retest the broken 50ema again ....

I hope everyone got good profit on the shorts from yesterday and was able to take profit and cover their positions before it turned...
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Patience + Discipline - Greed = Success
  • #5,287
  • Apr 1, 2009 7:41am Apr 1, 2009 7:41am
Quoting Infinity
Yes... above the tl as well... seems we have an inverted shampoo in play now that could take us to near 4500 or higher... but we should retest the broken 50ema again ....

I hope everyone got good profit on the shorts from yesterday and was able to take profit and cover their positions before it turned...
What about the last 4H and 1H that closed? Shouldn't that drive it down a bit?
  • #5,288
  • Apr 1, 2009 8:21am Apr 1, 2009 8:21am
Good Morning everyone!
Just digging in the trenches like everyone else!
  • #5,289
  • Apr 1, 2009 8:23am Apr 1, 2009 8:23am
Gday Captain. Got the troops ready?
Ride the Bulls bearback!
  • #5,290
  • Apr 1, 2009 8:24am Apr 1, 2009 8:24am
People are sure pissed off in London today. Tough day to be a banker!
  • #5,291
  • Apr 1, 2009 8:33am Apr 1, 2009 8:33am
Quoting eohater
Good Morning everyone!
Morning EO/All - I hope everyone has been bagging some good pips this week. I've been on the sidelines more than I'd like to be due to getting a new computer (As much as I hate to admit it - this MacBook Pro rocks). Been working through some of the "pains" of upgrading, moving data, setting up trading software and charts again, etc. Hoping to be back up and running by London tomorrow.

So in my absence, continue bagging lots of green pips.
  • #5,292
  • Apr 1, 2009 8:35am Apr 1, 2009 8:35am
whats going on everyone... Hey EO do you see us attacking 4275 level again today by any chance. thats the level im looking at right now to possibly get long depending on PA in that area? any thoughts
  • #5,293
  • Apr 1, 2009 8:38am Apr 1, 2009 8:38am
Looks like 1.4335 could be good resistance to me .... anymore opinions on that?
Please ask questions and share your experiences with us all!
  • #5,294
  • Apr 1, 2009 8:39am Apr 1, 2009 8:39am
Quoting alcando
Gday Captain. Got the troops ready?
They are ready to grab some pippage for sure!
Just digging in the trenches like everyone else!
  • #5,295
  • Apr 1, 2009 8:41am Apr 1, 2009 8:41am
Quoting NwFXenthsist
whats going on everyone... Hey EO do you see us attacking 4275 level again today by any chance. thats the level im looking at right now to possibly get long depending on PA in that area? any thoughts
I could see 4275 again today sure, but I'm watchnig the 4330 area very close as well.
Just digging in the trenches like everyone else!
  • #5,296
  • Apr 1, 2009 8:43am Apr 1, 2009 8:43am
I think there is a lot of resistance in this band. I have closed my shorts at 4345. Bounce baby. This data in 25min could be good too. it was good in the case of UK today and the New home sales forecast is good news if in line. Too much risk of a bounce. Next bus please.

Quoting bkg102665
Looks like 1.4335 could be good resistance to me .... anymore opinions on that?
Ride the Bulls bearback!
  • #5,297
  • Apr 1, 2009 8:45am Apr 1, 2009 8:45am
Quoting eohater
I could see 4275 again today sure, but I'm watching the 4330 area very close as well.
Morning......

1HR 62ema.........

HOLLA
  • #5,298
  • Apr 1, 2009 8:46am Apr 1, 2009 8:46am
Quoting eohater
They are ready to grab some pippage for sure!
Inspected and ready to move ,,SIR !!!!
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Good Trading To All ; Ken Lee
  • #5,299
  • Apr 1, 2009 8:47am Apr 1, 2009 8:47am
Quoting eohater
I could see 4275 again today sure, but I'm watchnig the 4330 area very close as well.

ok sweet im reluctant to short at this level, i missed nice one off of the high 15 min pin that shot up and the last thing i wanna do is enter in this middle area. thanks im gonna keep an eye on that level as well. im glad you mentioned it i was so focused on just looking at 4275 i didnt even look at that level
  • #5,300
  • Apr 1, 2009 8:52am Apr 1, 2009 8:52am
Quoting Turtle
Morning......

1HR 62ema.........

HOLLA
Bounce Up? Or cross it and down?
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