Trade what you see NOT what you expect | Page 296 | Forex Factory

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Trade what you see NOT what you expect

  • #5,901
  • Apr 2, 2009 11:03pm Apr 2, 2009 11:03pm
Quoting Infinity
Looks like a hanging man on the h1... I took some more profit on my longs at 30 again and still covered..
H4 closed as an inside bar and above the 5sma so that could mean continuation of uptrend...
Patience + Discipline - Greed = Success
  • #5,902
  • Apr 2, 2009 11:04pm Apr 2, 2009 11:04pm
Quoting Infinity
Looks like a hanging man on the h1... I took some more profit on my longs at 30 again and still covered..
Sure does! I lost internet at home, had to run to the office and grab my air card.

I'm taking profit on my long position and covering as well.
Just digging in the trenches like everyone else!
  • #5,903
  • Apr 2, 2009 11:08pm Apr 2, 2009 11:08pm
Quoting eohater
Sure does! I lost internet at home, had to run to the office and grab my air card.

I'm taking profit on my long position and covering as well.
I keep my usb wireless modem in my laptop case, it comes in very handy when on the road...

What do you make of the h4..?
Patience + Discipline - Greed = Success
  • #5,904
  • Edited 11:12pm Apr 2, 2009 11:09pm | Edited 11:12pm
Quoting Armpips
i downloaded it thanks and its great! i had a question. do you only play the bounces off the MAs? and what do you do when the candle breaks through the MAs? ie.(right now) 15m timeframe the candles arent really bouncing of but going straight through the MAs. where would u wait for a setup in this situation?!


thanks to your system, 1hr/62 i caught that bounce and rode it for +100pips! sucks it was in demo! lol

I don't only play the bounces. I play the candle patterns. Within the last 2 hours there was 1 candle pattern and another prior price action. The candle pattern was the long at 4705 and the prior price action was the short from 4735. Refer to your higher timeframes and notice what price is doing there. We just had a hangman close on the h1 which is a pattern for some more downward pressure. We have the prior pin on the h1 as well, but the h4 did close inside and indecisive. I can't tell you which trades to take, just the setups that are there.
Just digging in the trenches like everyone else!
  • #5,905
  • Apr 2, 2009 11:11pm Apr 2, 2009 11:11pm
Quoting eohater
I don't only play the bounces. I play the candle patterns. Within the last 2 hours there was 1 candle pattern and another prior price action. The candle pattern was the long at 4705 and the prior price action was the short from 4735. Refer to your higher timeframes and notice what price is doing there. We just had a hangman close on the h1 which is a pattern for some more downward pressure. We have the prior pin on the h1 as well, but the h4 did close inside and indecisive. I can tell you which trades to take, just the setups that are there....
I think you mean can't..........

Just don't want folks thinking this is a signal service.

HOLLA
  • #5,906
  • Apr 2, 2009 11:12pm Apr 2, 2009 11:12pm
Quoting Infinity
I keep my usb wireless modem in my laptop case, it comes in very handy when on the road...

What do you make of the h4..?
Indecisive on the last h4 in my eyes. She did close inside, but she did not take out the prior pin we had during the US Session. Close, but she didn't close over top of her and didn't take out the SL on it. She just finally took out the SL on the hangman from before the US Session opened in my eyes. I would say we're in for some more range trading, but she'll break one way or another. I'm surprised we didn't get a push on the high again.
Just digging in the trenches like everyone else!
  • #5,907
  • Apr 2, 2009 11:13pm Apr 2, 2009 11:13pm
Quoting Turtle
I think you mean can't..........

Just don't want folks thinking this is a signal service.

HOLLA
Thanks bro! Changed it.
Just digging in the trenches like everyone else!
  • #5,908
  • Apr 2, 2009 11:14pm Apr 2, 2009 11:14pm
Quoting Infinity
I keep my usb wireless modem in my laptop case, it comes in very handy when on the road...
After I got it, I just left it in the office. Won't do that anymore.
Just digging in the trenches like everyone else!
  • #5,909
  • Apr 2, 2009 11:16pm Apr 2, 2009 11:16pm
Quoting Infinity
Thanks bro! I'm human though...Eo is the machine...
No machine here bro! Just as human.
Just digging in the trenches like everyone else!
  • #5,910
  • Apr 2, 2009 11:16pm Apr 2, 2009 11:16pm
Quoting eohater
I don't only play the bounces. I play the candle patterns. Within the last 2 hours there was 1 candle pattern and another prior price action. The candle pattern was the long at 4705 and the prior price action was the short from 4735. Refer to your higher timeframes and notice what price is doing there. We just had a hangman close on the h1 which is a pattern for some more downward pressure. We have the prior pin on the h1 as well, but the h4 did close inside and indecisive. I can't tell you which trades to take, just the setups that are there.

wow thanks alot for clarifying eo! i see why u took those trades.i'm goin to read study and read and hopefully contribute as well! thanks again bro!
  • #5,911
  • Apr 2, 2009 11:17pm Apr 2, 2009 11:17pm
If price was to keep falling what targets would you be looking at to take profit, since the MA's are above on the 15M??? :nerd:

Would you just look to the 1hr 50/62 or are you looking at support points?

HOLLA
  • #5,912
  • Apr 2, 2009 11:17pm Apr 2, 2009 11:17pm
Quoting eohater
Indecisive on the last h4 in my eyes. She did close inside, but she did not take out the prior pin we had during the US Session. Close, but she didn't close over top of her and didn't take out the SL on it. She just finally took out the SL on the hangman from before the US Session opened in my eyes. I would say we're in for some more range trading, but she'll break one way or another. I'm surprised we didn't get a push on the high again.
Yeah..... indecision all round... we'll probably be bouncing between 4700 and 4730 for a while...

Will probably check back London session...
Patience + Discipline - Greed = Success
  • #5,913
  • Apr 2, 2009 11:20pm Apr 2, 2009 11:20pm
Quoting Infinity
Yeah..... indecision all round... we'll probably be bouncing between 4700 and 4730 for a while...

Will probably check back London session...
Cool bro! I'll be back on then as well.
Just digging in the trenches like everyone else!
  • #5,914
  • Apr 2, 2009 11:20pm Apr 2, 2009 11:20pm
Quoting Turtle
If price was to keep falling what targets to take profit would you be looking at, since the MA's are above on the 15M??? :nerd:

Would you just look to the 1hr 50/62 or are you looking a support points?

HOLLA
I look at both and would be taking profit along the way... so I would take some at 4670, 4650, 4600, 4550..
Patience + Discipline - Greed = Success
  • #5,915
  • Apr 2, 2009 11:21pm Apr 2, 2009 11:21pm
Quoting Infinity
I look at both and would be taking profit along the way... so I would take some at 4670, 4650, 4600, 4550..
Turtle, do these price targets sound familar?
Just digging in the trenches like everyone else!
  • #5,916
  • Apr 2, 2009 11:23pm Apr 2, 2009 11:23pm
Quoting eohater
Turtle, do these price targets sound familar?
Yep, same on the way up.

Got it...thanks!

HOLLA
  • #5,917
  • Apr 2, 2009 11:24pm Apr 2, 2009 11:24pm
Quoting eohater
Cool bro! I'll be back on then as well.
I'm going to get some shut eye now... I may not even wake up for London...

Take care......
Patience + Discipline - Greed = Success
  • #5,918
  • Apr 2, 2009 11:24pm Apr 2, 2009 11:24pm
Quoting Infinity
I look at both and would be taking profit along the way... so I would take some at 4670, 4650, 4600, 4550..
Thanks bro.....

HOLLA
  • #5,919
  • Apr 2, 2009 11:25pm Apr 2, 2009 11:25pm
Quoting Infinity
I'm going to get some shut eye now... I may not even wake up for London...

Take care......
You too bro!
Just digging in the trenches like everyone else!
  • #5,920
  • Apr 2, 2009 11:25pm Apr 2, 2009 11:25pm
Quoting Turtle
Yep, same on the way up.

Got it...thanks!

HOLLA
Damn close to my short targets we talked about on my way home tonight. Too funny!
Just digging in the trenches like everyone else!
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