Trade what you see NOT what you expect | Page 311 | Forex Factory

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Trade what you see NOT what you expect

  • #6,201
  • Apr 6, 2009 9:29am Apr 6, 2009 9:29am
Quoting eohater
I'll be waiting for confirmation myself. We have the h1 62 below her at 4775. One option is long at 4800 and add at 4775..
The "1H 50/62 ma bounce off" setup does not require to wait till candle close. So, what kind of confirmation it could be?
If it cross 50, why would it stop on 62?
Thanks
  • #6,202
  • Apr 6, 2009 9:30am Apr 6, 2009 9:30am
Quoting eohater
I did! Thus why I have heavy fingers at time bro! I came out all positive, but it can spank you in the ass at times.
I nearly entered myself, but then I thought, wait, what would EO do, I know, he'd wait for the candle to close, and if it changed from a pin into an indecisive candle, he'd remind us this is why we wait for the candle to close before taking a position.
  • #6,203
  • Apr 6, 2009 9:31am Apr 6, 2009 9:31am
Quoting Infinity
I reentered at 06..
Ride 'em cowboy! I'll take the 02 seat with you!
Just digging in the trenches like everyone else!
  • #6,204
  • Apr 6, 2009 9:32am Apr 6, 2009 9:32am
Quoting daffy
I nearly entered myself, but then I thought, wait, what would EO do, I know, he'd wait for the candle to close, and if it changed from a pin into an indecisive candle, he'd remind us this is why we wait for the candle to close before taking a position.
Your right bro! But I have this heavy finger and sometimes I can't control it. Good job on the patience!
Just digging in the trenches like everyone else!
  • #6,205
  • Apr 6, 2009 9:33am Apr 6, 2009 9:33am
I had a really boring morning just scalping so my finger is a bit itchy I have to say. Long again 4805
  • #6,206
  • Apr 6, 2009 9:37am Apr 6, 2009 9:37am
Quoting Komissar
The "1H 50/62 ma bounce off" setup does not require to wait till candle close. So, what kind of confirmation it could be?
If it cross 50, why would it stop on 62?
Thanks
I want to see the 15m bottoming out. I'm in already so, there was no confirmation, just the the bounce. Might not get it though! As I type she's under 4800.
Just digging in the trenches like everyone else!
  • #6,207
  • Apr 6, 2009 9:40am Apr 6, 2009 9:40am
GBP_USD Spot.png

8 hr View...and than the FALL...
ok guysi have filled my boots for today....i think 1.4750 may be on the Cards today....but let the Candles light the way...as usual

baz
Attached Image (click to enlarge)
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  • #6,208
  • Apr 6, 2009 9:42am Apr 6, 2009 9:42am
fight fight fight

  • #6,209
  • Apr 6, 2009 9:47am Apr 6, 2009 9:47am
Quoting baz
GBP_USD Spot.png

8 hr View...and than the FALL...
ok guysi have filled my boots for today....i think 1.4750 may be on the Cards today....but let the Candles light the way...as usual

baz
I think that area is possible as well.. but 4780 is also a good support area...
Patience + Discipline - Greed = Success
  • #6,210
  • Apr 6, 2009 9:49am Apr 6, 2009 9:49am
I closed that 4805 long when wew hit the 15m 5sma there for +5. Will wait for confirmation
  • #6,211
  • Apr 6, 2009 9:51am Apr 6, 2009 9:51am
Quoting Infinity
I think that area is possible as well.. but 4780 is also a good support area...
Absoluteley Infinity.....its just a good location between those 2 pprice,wait for Candle formations around that Band....
ok guys have fun...i am going to have a Nap...done for today...i deserve it,and the Wife is out.....so all goodddddd !!!! no one to wake me up !!!

baz
  • #6,212
  • Apr 6, 2009 9:53am Apr 6, 2009 9:53am
Quoting baz
Absoluteley Infinity.....its just a good location between those 2 pprice,wait for Candle formations around that Band....
ok guys have fun...i am going to have a Nap...done for today...i deserve it,and the Wife is out.....so all goodddddd !!!! no one to wake me up !!!

baz
Have a good one Baz!
Patience + Discipline - Greed = Success
  • #6,213
  • Apr 6, 2009 9:58am Apr 6, 2009 9:58am
Hay EO...that aint the heavy finger

Thats the golden finger
  • #6,214
  • Apr 6, 2009 9:58am Apr 6, 2009 9:58am
Quoting baz
Absoluteley Infinity.....its just a good location between those 2 pprice,wait for Candle formations around that Band....
ok guys have fun...i am going to have a Nap...done for today...i deserve it,and the Wife is out.....so all goodddddd !!!! no one to wake me up !!!

baz
Enjoy the quiet time baz!
Just digging in the trenches like everyone else!
  • #6,215
  • Apr 6, 2009 10:02am Apr 6, 2009 10:02am
I am seeing it test the low again around 4780 and it may just fade off the rest of the day!

This down move has a little momentum left.

I caught her at 4875 and just now getting ready to close it!
  • #6,216
  • Apr 6, 2009 10:04am Apr 6, 2009 10:04am
Quoting Shilva
I am seeing it test the low again around 4780 and it may just fade off the rest of the day!

This down move has a little momentum left.

I caught her at 4875 and just now getting ready to close it!
Good thing i was typing instead of trading!
  • #6,217
  • Apr 6, 2009 10:04am Apr 6, 2009 10:04am
Quoting Shilva
I am seeing it test the low again around 4780 and it may just fade off the rest of the day!

This down move has a little momentum left.

I caught her at 4875 and just now getting ready to close it!
Good job on your short!
Just digging in the trenches like everyone else!
  • #6,218
  • Apr 6, 2009 10:08am Apr 6, 2009 10:08am
im here still in the short
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 9 KB
When life gives you lemons, make lemonade
  • #6,219
  • Apr 6, 2009 10:24am Apr 6, 2009 10:24am
I had longs at 4732 and 4745 both closed for profit. Waiting to see if we get a possible inverted hangman here. We're about 23.6% retracement of last week's move
  • #6,220
  • Apr 6, 2009 10:27am Apr 6, 2009 10:27am
EO if this closes like it is now would we have set up A from quiz Friday?
Please ask questions and share your experiences with us all!
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