Trade what you see NOT what you expect | Page 316 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Why did you start trading and what do you expect from it? 19 replies

How soon after you put on a trade do you expect to be "in the money"? 28 replies

How do you see trading - Do you see it as a means to an end? 12 replies

how long do you expect to trade? 10 replies

Trade What You See And Not What You Hope 0 replies

Attachments: Trade what you see NOT what you expect
Exit Attachments

Trade what you see NOT what you expect

  • #6,301
  • Apr 6, 2009 3:28pm Apr 6, 2009 3:28pm
Quoting baz
thanks Daffy
But i urge everone to get these charts......on the 4 hr GBPLFX....there was a beautiful PIN today.....and the result was a 200 pip drop

baz
gbp2.gif

there u go
Attached Image (click to enlarge)
Click to Enlarge Name: gbp2.gif Size: 34 KB
  • #6,302
  • Apr 6, 2009 3:29pm Apr 6, 2009 3:29pm
Quoting baz
thanks Daffy
But i urge everone to get these charts......on the 4 hr GBPLFX....there was a beautiful PIN today.....and the result was a 200 pip drop

baz
Agreed, I do find them useful, I just wish I had two screens so I could have the pairs I trade and the lfx charts visible at the same time. Good trade off the GBPLFX, I missed it, but there's plenty more trades out there.
  • #6,303
  • Apr 6, 2009 3:32pm Apr 6, 2009 3:32pm
Quoting ezodisy
how do you guys bring up those charts? I can't find them in my mt4. cheers
They are provided by liteforex.org, they have a customized mt4 platform that includes them. Once installed, they are initially hidden, but if you select 'view all' in the market watch pane, that should bring them up.
  • #6,304
  • Apr 6, 2009 3:33pm Apr 6, 2009 3:33pm
I'm outta here guys til later tonight. I have to go pick my son up from school and family time.

Trade well!
EO
Just digging in the trenches like everyone else!
  • #6,305
  • Apr 6, 2009 3:34pm Apr 6, 2009 3:34pm
Quoting eohater
I agree, we won't pass 4800 on the first test. Our lower charts support that she'll come back on the first touch.
That's right bro! I am still watching the daily and it seems it will close above this broken tl (red).... We still have an hour to go on the daily but I see higher low and higher high....
Attached Image (click to enlarge)
Click to Enlarge Name: day.gif Size: 28 KB
Patience + Discipline - Greed = Success
  • #6,306
  • Apr 6, 2009 3:34pm Apr 6, 2009 3:34pm
Quoting eohater
I'm outta here guys til later tonight. I have to go pick my son up from school and family time.

Trade well!
EO
Take it easy, EO, see you tomorrow!
  • #6,307
  • Apr 6, 2009 3:34pm Apr 6, 2009 3:34pm
Quoting eohater
I'm outta here guys til later tonight. I have to go pick my son up from school and family time.

Trade well!
EO
Take care bro!
Patience + Discipline - Greed = Success
  • #6,308
  • Apr 6, 2009 3:35pm Apr 6, 2009 3:35pm
Quoting Infinity
That's right bro! I am still watching the daily and it seems it will close above this broken tl (red).... We still have an hour to go on the daily but I see higher low and higher high....
That's what I see as well bro! This h1 needs to close above the h1 62ema in my eyes.
Just digging in the trenches like everyone else!
  • #6,309
  • Apr 6, 2009 3:37pm Apr 6, 2009 3:37pm
Quoting daffy
Agreed, I do find them useful, I just wish I had two screens so I could have the pairs I trade and the lfx charts visible at the same time. Good trade off the GBPLFX, I missed it, but there's plenty more trades out there.
yes Daffy...i too miss the Signals as the Focus is on the Trading chart...but for Dailies .....no excuse really...

baz
  • #6,310
  • Apr 6, 2009 3:38pm Apr 6, 2009 3:38pm
Quoting Infinity
That's right bro! I am still watching the daily and it seems it will close above this broken tl (red).... We still have an hour to go on the daily but I see higher low and higher high....
hmm, do you not think that looks like dark cloud cover on the daily?
  • #6,311
  • Apr 6, 2009 3:42pm Apr 6, 2009 3:42pm
Quoting daffy
They are provided by liteforex.org, they have a customized mt4 platform that includes them. Once installed, they are initially hidden, but if you select 'view all' in the market watch pane, that should bring them up.
here is a good explanation by PEACHES....a Fantastick Candlestick Trader at Hussins thread

http://www.forexfactory.com/showpost...postcount=5796

baz
  • #6,312
  • Apr 6, 2009 3:44pm Apr 6, 2009 3:44pm
Quoting daffy
They are provided by liteforex.org, they have a customized mt4 platform that includes them. Once installed, they are initially hidden, but if you select 'view all' in the market watch pane, that should bring them up.
Thanks!
  • #6,313
  • Apr 6, 2009 3:45pm Apr 6, 2009 3:45pm
Quoting daffy
hmm, do you not think that looks like dark cloud cover on the daily?
i see it as you....but will wait for London Session

baz
  • #6,314
  • Apr 6, 2009 4:31pm Apr 6, 2009 4:31pm
What is exactly GBPLFX index?, or how is it correlated with GBP/usd pair? Any information is wellcome
"Even A Thousand Mile Journey Begins with the First Step"
  • #6,315
  • Apr 6, 2009 4:49pm Apr 6, 2009 4:49pm
Quoting daffy
hmm, do you not think that looks like dark cloud cover on the daily?
A few clouds in the sky, but not overcast....

Here is my daily at the close...

closed above the trendline and above the 5sma...

Trade what YOU see though...this is what I see...
Attached Image (click to enlarge)
Click to Enlarge Name: day.gif Size: 34 KB
Patience + Discipline - Greed = Success
  • #6,316
  • Apr 6, 2009 5:21pm Apr 6, 2009 5:21pm
GBP_USD Spot.png

2 day chart completes in 40 min

baz
Attached Image (click to enlarge)
Click to Enlarge Name: GBP_USD Spot.png Size: 9 KB
  • #6,317
  • Apr 6, 2009 5:26pm Apr 6, 2009 5:26pm
gbp2.gif

GBPliteFX

baz
Attached Image (click to enlarge)
Click to Enlarge Name: gbp2.gif Size: 37 KB
  • #6,318
  • Apr 6, 2009 6:32pm Apr 6, 2009 6:32pm
I'm not that confident with the t/l that I'm placing on my charts so I would appreciate some input from you guys if thats ok.

I see a retest of the bounce on the 15m with a further drop with the 1hr pointing to a return to 144 area. with PA leading the way of course.

The big question is how far out am I??

Any and all input appreciated.

Thanks in advance.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: tue07 04 09 15m.jpg Size: 134 KB
Click to Enlarge Name: tue 07 04 09 2.jpg Size: 153 KB
Flyin' by the seat of my pants.......Talk to me Goose.
  • #6,319
  • Apr 6, 2009 7:03pm Apr 6, 2009 7:03pm
Seems my longs will be stopped out shortly.....
Patience + Discipline - Greed = Success
  • #6,320
  • Apr 6, 2009 8:30pm Apr 6, 2009 8:30pm
Quoting Infinity
Seems my longs will be stopped out shortly.....
I closed out my long trade for a 115 pip loss as I see this going down further...
Patience + Discipline - Greed = Success
8 traders viewing now