Trade what you see NOT what you expect | Page 325 | Forex Factory

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Trade what you see NOT what you expect

  • #6,481
  • Apr 7, 2009 3:13pm Apr 7, 2009 3:13pm
Quoting rt4x
Infinity..has your daily closed?....mine does not until later..
Yes it has...... looking to buy down the wick.... I think we will be seeing some upmovement in the next days... work with the lower tfs and pa though...
Attached Image (click to enlarge)
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Patience + Discipline - Greed = Success
  • #6,482
  • Apr 7, 2009 3:16pm Apr 7, 2009 3:16pm
well EoH has left the Super Glue lying around.......man this was a Boring few hours !!

baz
  • #6,483
  • Apr 7, 2009 3:16pm Apr 7, 2009 3:16pm
Quoting baz
well EoH has left the Super Glue lying around.......man this was a Boring few hours !!

baz
Hey Baz,

What's your take on the daily...?
Patience + Discipline - Greed = Success
  • #6,484
  • Apr 7, 2009 3:20pm Apr 7, 2009 3:20pm
Quoting Infinity
Hey Baz,

What's your take on the daily...?
mine closes in 40 min or so...
Infinity.....the weekly was A BULLISH BAR....bias remains BULLISH....but have a concern to Easter Trading....i may finish tommoroww..

baz
  • #6,485
  • Apr 7, 2009 3:24pm Apr 7, 2009 3:24pm
Quoting baz
mine closes in 40 min or so...
Infinity.....the weekly was A BULLISH BAR....bias remains BULLISH....but have a concern to Easter Trading....i may finish tommoroww..

baz
Uk will start winding down midday on thursday.....volume may drop off....but hell,we are dealing with cable !!

baz
  • #6,486
  • Apr 7, 2009 3:30pm Apr 7, 2009 3:30pm
Quoting baz
mine closes in 40 min or so...
Infinity.....the weekly was A BULLISH BAR....bias remains BULLISH....but have a concern to Easter Trading....i may finish tommoroww..

baz
I hear ya bro! I am concerned about the same thing... low volume... I definitely see upside as more likely based on the pa.. I already started buying this thing and looking for 4770 first.... will see what happens after that..... I see us retesting 4830 then 4950 in the next day or two...
Patience + Discipline - Greed = Success
  • #6,487
  • Apr 7, 2009 3:41pm Apr 7, 2009 3:41pm
Quoting Infinity
I hear ya bro! I am concerned about the same thing... low volume... I definitely see upside as more likely based on the pa.. I already started buying this thing and looking for 4770 first.... will see what happens after that..... I see us retesting 4830 then 4950 in the next day or two...
theres just one thing.....i wanted a 50%/61% fibo retrace......but had only a 38% fibo retrace of last major swing....this indicates strentgth or there is more downside B4 furter upside.......but let the Candles light the way !!

baz
  • #6,488
  • Apr 7, 2009 3:50pm Apr 7, 2009 3:50pm
Quoting baz
theres just one thing.....i wanted a 50%/61% fibo retrace......but had only a 38% fibo retrace of last major swing....this indicates strentgth or there is more downside B4 furter upside.......but let the Candles light the way !!

baz
Definitely bro! Pa will lead the way.... Please post your daily chart when it closes for me...
Patience + Discipline - Greed = Success
  • #6,489
  • Apr 7, 2009 4:01pm Apr 7, 2009 4:01pm
Quoting Infinity
Definitely bro! Pa will lead the way.... Please post your daily chart when it closes for me...
Infinity it closes in another hour......i forgot we had a CLOCKS go foreward,so it will be 1.00 am when new Day begins.....but i will post it for the present time....as i am going to Zzzzzz.....

baz
  • #6,490
  • Apr 7, 2009 4:03pm Apr 7, 2009 4:03pm
Quoting baz
Infinity it closes in another hour......i forgot we had a CLOCKS go foreward,so it will be 1.00 am when new Day begins.....but i will post it for the present time....as i am going to Zzzzzz.....

baz
No problem bro! I forgot you were in UK... It is 6pm here....
Patience + Discipline - Greed = Success
  • #6,491
  • Apr 7, 2009 4:05pm Apr 7, 2009 4:05pm
Quoting baz
Infinity it closes in another hour......i forgot we had a CLOCKS go foreward,so it will be 1.00 am when new Day begins.....but i will post it for the present time....as i am going to Zzzzzz.....

baz
GBP_USD Spot.png

as it stands......London open will Lead the Way i think.....unless Asain session Tests the Highs of today..

baz
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  • #6,492
  • Apr 7, 2009 4:08pm Apr 7, 2009 4:08pm
If Baz falls asleep, I will post one in 53 minutes.

HOLLA
  • #6,493
  • Apr 7, 2009 4:09pm Apr 7, 2009 4:09pm
GBP_USD Spot.png

the last 7 hrs or so.....i cant make a tail or head of the PREVIOUS 8Hr BAR...

baz
Attached Image (click to enlarge)
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  • #6,494
  • Apr 7, 2009 4:10pm Apr 7, 2009 4:10pm
Quoting Turtle
If Baz falls asleep, I will post one in 53 minutes.

HOLLA
thanks buddy....the night belongs to you Guys....make pips and trade Safe...

baz
  • #6,495
  • Apr 7, 2009 4:12pm Apr 7, 2009 4:12pm
Quoting baz
GBP_USD Spot.png

as it stands......London open will Lead the Way i think.....unless Asain session Tests the Highs of today..

baz
Quoting Turtle
If Baz falls asleep, I will post one in 53 minutes.

HOLLA
Thanks guys!
Patience + Discipline - Greed = Success
  • #6,496
  • Apr 7, 2009 4:17pm Apr 7, 2009 4:17pm
GBP_USD Spot.png

i will leave with this 4 hr.
1) BOUNCE at 38% fibo
2) BOUNCE of the 50 ema
3) Bullish Engulfing Pattern seen
4) WeeKly was a BULLISH ENGULFING

baz
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  • #6,497
  • Apr 7, 2009 4:23pm Apr 7, 2009 4:23pm
Quoting baz
GBP_USD Spot.png

i will leave with this 4 hr.
1) BOUNCE at 38% fibo
2) BOUNCE of the 50 ema
3) Bullish Engulfing Pattern seen
4) WeeKly was a BULLISH ENGULFING

baz
GBP_USD Spot.png
and the case against .....2 day formations....the last one was a PIN...

baz
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  • #6,498
  • Apr 7, 2009 5:02pm Apr 7, 2009 5:02pm
Daily Chart....hot off the press.

HOLLA
Attached Image
  • #6,499
  • Apr 7, 2009 6:54pm Apr 7, 2009 6:54pm
I just caught up on reading today's thread.

Just a reminder guys so we do not lose focus.

For every argument for price to move in one direction ....there is an equally strong argument for price to move in the opposite direction!

In this method of trading we try to react to what the market gives us without any preconceived bias. It is fast and furious inter-day trading on the 15m charts!

Just read EO's posts today....from start of NY session with price action around 4700. Beautiful stuff!
  • #6,500
  • Apr 7, 2009 7:41pm Apr 7, 2009 7:41pm
Quoting Infinity
I hear ya bro! I am concerned about the same thing... low volume... I definitely see upside as more likely based on the pa.. I already started buying this thing and looking for 4770 first.... will see what happens after that..... I see us retesting 4830 then 4950 in the next day or two...
I just got back to see my earlier long got stopped out +2 ...I bought again at the tl....
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Patience + Discipline - Greed = Success
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