Trade what you see NOT what you expect | Page 312 | Forex Factory

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Trade what you see NOT what you expect

  • #6,221
  • Apr 6, 2009 10:28am Apr 6, 2009 10:28am
Quoting bkg102665
EO if this closes like it is now would we have set up A from quiz Friday?
I think A was the inverted hangman. If it closes as an inverted hangman, the long will be the entry on next candle with SL below the wicks.
Just digging in the trenches like everyone else!
  • #6,222
  • Apr 6, 2009 10:31am Apr 6, 2009 10:31am
looks like a tweezer bottom to me.
  • #6,223
  • Apr 6, 2009 10:37am Apr 6, 2009 10:37am
I took another long at 4740, taken some off already. Previous 15m didn't close well but stil seemed worth a shot.
  • #6,224
  • Apr 6, 2009 10:38am Apr 6, 2009 10:38am
Quoting eohater
I think A was the inverted hangman. If it closes as an inverted hangman, the long will be the entry on next candle with SL below the wicks.
I'm long from 4740

hey eo can we have a quiz like that a couple times aweek if you have time please? It is really useful and keeps us on our toes

cheers mate
please DON'T copy my trades I am still learning
  • #6,225
  • Apr 6, 2009 10:39am Apr 6, 2009 10:39am
Quoting ezmystic
I'm long from 4740

hey eo can we have a quiz like that a couple times aweek if you have time please? It is really useful and keeps us on our toes

cheers mate
Sure bro! It also helps me from having a heavy trigger finger.
Just digging in the trenches like everyone else!
  • #6,226
  • Apr 6, 2009 10:43am Apr 6, 2009 10:43am
Quoting eohater
Sure bro! It also helps me from having a heavy trigger finger.
helps us all round then
please DON'T copy my trades I am still learning
  • #6,227
  • Apr 6, 2009 10:49am Apr 6, 2009 10:49am
guys, we might be back testing the breakout from last week. See the tl on my 4h
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Click to Enlarge Name: 4h.JPG Size: 179 KB
  • #6,228
  • Apr 6, 2009 11:27am Apr 6, 2009 11:27am
Hi all, just from work with a few hours to learn.

I looked at the charts this morning at 7am my time and said to the wife "i'm tempted to go short and go to work with a trailing stop"

another missed...........
  • #6,229
  • Apr 6, 2009 11:27am Apr 6, 2009 11:27am
Did everybody go long and then grow speechless or what......
Please ask questions and share your experiences with us all!
  • #6,230
  • Apr 6, 2009 11:29am Apr 6, 2009 11:29am
Quoting bkg102665
Did everybody go long and then grow speechless or what......
I'm sitting on cow manure on my position currently. It stinks!!
Just digging in the trenches like everyone else!
  • #6,231
  • Apr 6, 2009 11:33am Apr 6, 2009 11:33am
Quoting eohater
I'm sitting on cow manure on my position currently. It stinks!!
I take it in the EO spirit of things you went long at the 62.

Sorry if this was said earlier I'll catch up on the thread over the next hour or so.
  • #6,232
  • Apr 6, 2009 11:34am Apr 6, 2009 11:34am
Good morning Eo & everyone... Hope you all traded greens....
"Even A Thousand Mile Journey Begins with the First Step"
  • #6,233
  • Apr 6, 2009 11:42am Apr 6, 2009 11:42am
Quoting analizer
Good morning Eo & everyone... Hope you all traded greens....
Good morning!
Just digging in the trenches like everyone else!
  • #6,234
  • Apr 6, 2009 11:57am Apr 6, 2009 11:57am
Quoting bkg102665
Did everybody go long and then grow speechless or what......
I didn't go long, and it was because the EMAs were pointing steeply downwards, think 5 o'clock trade in the pdf. I've been caught out a couple of times with I've seen what appear to be textbook setups, and price has gone the other way, and I've come to the conclusion that if 5 o'clock trades are in play, view other setups with caution.

Take the inverted hammer at 5:15 GMT, looks a perfectly good setup to go long, however, it went further south. I'm still working it out, but it seems that if the wick touches the 5/10 EMA, then that's a rejection, and inverted hammers work best when the PA is some distance from the EMAs.
  • #6,235
  • Apr 6, 2009 12:00pm Apr 6, 2009 12:00pm
I am thinking the 21ema to hold as resistance!
  • #6,236
  • Apr 6, 2009 12:05pm Apr 6, 2009 12:05pm
1 hr Candle closes... look like a hammer candle, so maybe a reversal sign. Also, some support around 1.4684
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"Even A Thousand Mile Journey Begins with the First Step"
  • #6,237
  • Apr 6, 2009 12:08pm Apr 6, 2009 12:08pm
Hi everyone, still having trouble with posts being transferred to my e mail despite changing subscription details. have a support candle on my one hour chart closed at 6pm GMT, too
  • #6,238
  • Apr 6, 2009 12:56pm Apr 6, 2009 12:56pm
Back from lunch and I see I haven't been stopped out yet. Let's see if price can get back to the 15/ 50/35.
Just digging in the trenches like everyone else!
  • #6,239
  • Apr 6, 2009 12:59pm Apr 6, 2009 12:59pm
Quoting eohater
Back from lunch and I see I haven't been stopped out yet. Let's see if price can get back to the 15/ 50/35.

Hi, can I know what's the price for 15/50/35? Thanks.
First post.
  • #6,240
  • Apr 6, 2009 1:00pm Apr 6, 2009 1:00pm
Quoting bkg102665
Did everybody go long and then grow speechless or what......
I lost my internet connection a few hours ago.. My position is also in shit atm but I took it based on higher timeframes again so it may take a while to play out... This one may end up being a loser but I'll give it a bit more time...
Patience + Discipline - Greed = Success
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