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Trade what you see NOT what you expect

  • #6,001
  • Apr 3, 2009 10:08am Apr 3, 2009 10:08am
Quoting mbupp
Enter at that lowest support line up the wick, with a sl 35 above the wick?
On setup A
Mike
  • #6,002
  • Apr 3, 2009 10:10am Apr 3, 2009 10:10am
Quoting eohater
hmmm.....:nerd:

are you looking at setup A? If so, you might want to reconsider your answer.
Iwas looking at A....But wrong, I was hoping to recant before you saw it
Mike
  • #6,003
  • Apr 3, 2009 10:11am Apr 3, 2009 10:11am
Quoting daffy
You and EO are twins too, you explained the setup with the same words EO used earlier! Freaky!
Those are his words copied and pasted to the chart.. Just making things people can save to look over later and study..
Good Trading To All ; Ken Lee
  • #6,004
  • Apr 3, 2009 10:12am Apr 3, 2009 10:12am
Quoting mbupp
On setup A
OK, then I believe your answer is wrong. The correct answer is enter a long position on the following candle's opening with you SL below the lowest wick, 25-35, your choice your M:M. I can't help with that.

Sorry bro, if you meant enter long with a SL below the wick, then you have it right, but you said SL above the wick so I assumed you meant enter short.
Just digging in the trenches like everyone else!
  • #6,005
  • Apr 3, 2009 10:13am Apr 3, 2009 10:13am
Quoting KENNETH lEE
Those are his words copied and pasted to the chart.. Just making things people can save to look over later and study..
Thanks Ken Lee....for all the work you do!

HOLLA
  • #6,006
  • Apr 3, 2009 10:14am Apr 3, 2009 10:14am
Quoting Turtle
Thanks Ken Lee....for all the work you do!

HOLLA
Ken Lee!!
Just digging in the trenches like everyone else!
  • #6,007
  • Apr 3, 2009 10:14am Apr 3, 2009 10:14am
Quoting eohater
If your already short, then your doing excellent on the pin on the h1. Myself, I'm still long, if she moves up the wick, I'll take a short with SL on the other side of the wick.
Hey bro!

I just got a chance to post... I am out fully on my longs at 4835 at the failure to break 4850 on the last run... It's Friday and we may see some profit taking... I may be done trading for the day as I am very busy otherwise today... I will still pass through the thread when I can...

Great job with the trades....
Patience + Discipline - Greed = Success
  • #6,008
  • Apr 3, 2009 10:18am Apr 3, 2009 10:18am
Quoting Infinity
Hey bro!

I just got a chance to post... I am out fully on my longs at 4835 at the failure to break 4850 on the last run... It's Friday and we may see some profit taking... I may be done trading for the day as I am very busy otherwise today... I will still pass through the thread when I can...

Great job with the trades....
Good job bro! You've nailed some awesome prices lately! You still need to teach me that. You're always getting me by a couple pips.

I don't have much of a long position left myself, just going to let her run until the end of the day and close it out. I'm busy myself today at the office, just taking some time for the thread. We'll battle again next week bro! EXCELLENT JOB!!
Just digging in the trenches like everyone else!
  • #6,009
  • Apr 3, 2009 10:18am Apr 3, 2009 10:18am
Quoting eohater
OK, then I believe your answer is wrong. The correct answer is enter a long position on the following candle's opening with you SL below the lowest wick, 25-35, your choice your M:M. I can't help with that.

Sorry bro, if you meant enter long with a SL below the wick, then you have it right, but you said SL above the wick so I assumed you meant enter short.
As soon as I posted it i realized that would have been closer to a correct answer if that was a short set up, which it was not of course. But that would have been a good answer for set up B, right?

Without the trendline for entry, but enter on the wick.
Mike
  • #6,010
  • Apr 3, 2009 10:20am Apr 3, 2009 10:20am
Quoting eohater
How about B on the chart? Entry and SL?
I recommend you guys print these, save them, learn them, burn the images to your brain so that when you're asleep you dream of them. These setups require ZERO EMOTION. Just a mechanical movement of enter, SL, TP at your ma's and cover the position.
Just digging in the trenches like everyone else!
  • #6,011
  • Apr 3, 2009 10:20am Apr 3, 2009 10:20am
Quoting mbupp
As soon as I posted it i realized that would have been closer to a correct answer if that was a short set up, which it was not of course. But that would have been a good answer for set up B, right?
Just digging in the trenches like everyone else!
  • #6,012
  • Apr 3, 2009 10:21am Apr 3, 2009 10:21am
Quoting eohater
Good job bro! You've nailed some awesome prices lately! You still need to teach me that. You're always getting me by a couple pips.

I don't have much of a long position left myself, just going to let her run until the end of the day and close it out. I'm busy myself today at the office, just taking some time for the thread. We'll battle again next week bro! EXCELLENT JOB!!
Excellent job yourself bro!
You need no teaching on the entries bro!====>

Looking forward to next week already..
Patience + Discipline - Greed = Success
  • #6,013
  • Apr 3, 2009 10:23am Apr 3, 2009 10:23am
Quoting Infinity
Excellent job yourself bro!
You need no teaching on the entries bro!====>

Looking forward to next week already..
Enjoy your weekend bro!
Just digging in the trenches like everyone else!
  • #6,014
  • Apr 3, 2009 10:24am Apr 3, 2009 10:24am
Quoting eohater
I recommend you guys print these, save them, learn them, burn the images to your brain so that when you're asleep you dream of them. These setups require ZERO EMOTION. Just a mechanical movement of enter, SL, TP at your ma's and cover the position.
Thanks bro....heading to Office Depot to make more flashcards today.

HOLLA
  • #6,015
  • Apr 3, 2009 10:24am Apr 3, 2009 10:24am
Quoting eohater
Enjoy your weekend bro!
You do the same bro!
Patience + Discipline - Greed = Success
  • #6,016
  • Apr 3, 2009 10:26am Apr 3, 2009 10:26am
hey whats up everyone hope all is well and green pips are being had. i took a short a few mins ago on EU thats the only thing im holding right now. but ive got a wedding to go to tomorrow so i have to go shopping for some stuff which is gonna be fun lol everyone have a good weekend and ill catch yall next week for more battle.
  • #6,017
  • Apr 3, 2009 10:27am Apr 3, 2009 10:27am
Quoting Infinity
You do the same bro!
Enjoy your weekend Infinity...

Great eye on not be sold on the short bus last night.

HOLLA
  • #6,018
  • Apr 3, 2009 10:28am Apr 3, 2009 10:28am
Quoting NwFXenthsist
hey whats up everyone hope all is well and green pips are being had. i took a short a few mins ago on EU thats the only thing im holding right now. but ive got a wedding to go to tomorrow so i have to go shopping for some stuff which is gonna be fun lol everyone have a good weekend and ill catch yall next week for more battle.
Enjoy your weekend! Weddings are always fun!
Just digging in the trenches like everyone else!
  • #6,019
  • Apr 3, 2009 10:33am Apr 3, 2009 10:33am
Quoting eohater
I recommend you guys print these, save them, learn them, burn the images to your brain so that when you're asleep you dream of them. These setups require ZERO EMOTION. Just a mechanical movement of enter, SL, TP at your ma's and cover the position.
Thanks for the little quiz eo. That kind of stuff is awesome for me, and i would assume others also.
Mike
  • #6,020
  • Apr 3, 2009 10:34am Apr 3, 2009 10:34am
Will we try another short around the 4825-30 area?
Please ask questions and share your experiences with us all!
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