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

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Trade what you see NOT what you expect

  • #7,881
  • Apr 15, 2009 10:32am Apr 15, 2009 10:32am
Quoting KENNETH lEE
If it closes inside that wick is that bearish or just more indecisiveness ? the candle alone looks bullish I think ..and still above the ma's
It depends.... if it closes as a hangman... I would be thinking short..... a hammer though would suggest a retest of the highs is on..
Patience + Discipline - Greed = Success
  • #7,882
  • Apr 15, 2009 10:50am Apr 15, 2009 10:50am
Quoting Infinity
It depends.... if it closes as a hangman... I would be thinking short..... a hammer though would suggest a retest of the highs is on..
Thanks for this explanation Infinty...it is comments like this that serve as AMAZING teaching to someone like me and maybe a few others

AWESOME !!!
  • #7,883
  • Apr 15, 2009 10:52am Apr 15, 2009 10:52am
price may have just overshot the 5000 level a little but i am thinking a bounce down off of the first touch.

Oil down....no inflation in the news report.

I am trying to find a nice price to grab a short! May not be till tonight. May be in the next few....
  • #7,884
  • Apr 15, 2009 10:57am Apr 15, 2009 10:57am
Quoting Shilva
price may have just overshot the 5000 level a little but i am thinking a bounce down off of the first touch.

Oil down....no inflation in the news report.

I am trying to find a nice price to grab a short! May not be till tonight. May be in the next few....
im not shorting cable unless i see a nice daily down trend developed then i can follow her but for now i dont think its safe to short...
just my humble opinion
When life gives you lemons, make lemonade
  • #7,885
  • Apr 15, 2009 11:00am Apr 15, 2009 11:00am
Just on a positive note...I believe in giving to others or sharing with others what has been given to me by grace....I had a group of people (mostly family members) that have been wanting to learn forex...so we are meeting on Tuesday nights 8-10 pm est. to share and talk about forex, starting from the basics of babypips.com....I have directed them to our thread (if I may call it "our"...that's how it feels) and they are loving it....maybe one of these tuesdays some of our senior members will post around that time some insight...they will be very appreciative and that would be really COOL
I know forex is not for everyone but hey, even my 19yr old that is going through surgery soon (you guys know the story) is ALL into it !!!
ps. my youngest (9 yr old) might become the youngest successful trader of ALL times using eo's and infinity's system here...he is fully loaded on his laptop with ma's on all his timeframes ....
  • #7,886
  • Apr 15, 2009 11:03am Apr 15, 2009 11:03am
Careful on those shorts, here's the USDLFX hourly, the last candle closes in 1 minute.

Notice two pins followed by two candles with small wicks and long bodies. For cable to go south, either the pound needs to be more bearish than the dollar, which it currently isn't, or the dollar needs to show some strength.
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  • #7,887
  • Apr 15, 2009 11:03am Apr 15, 2009 11:03am
Quoting rt4x
Just on a positive note...I believe in giving to others or sharing with others what has been given to me by grace....I had a group of people (mostly family members) that have been wanting to learn forex...so we are meeting on Tuesday nights 8-10 pm est. to share and talk about forex, starting from the basics of babypips.com....I have directed them to our thread (if I may call it "our"...that's how it feels) and they are loving it....maybe one of these tuesdays some of our senior members will post around that time some insight...they will be very...
Very cool!
  • #7,888
  • Apr 15, 2009 11:04am Apr 15, 2009 11:04am
Quoting micho
im not shorting cable unless i see a nice daily down trend developed then i can follow her but for now i dont think its safe to short...
just my humble opinion
thats what happens when u a 15m chart teader.......u way ahead of those 4h and daily and fib traders guys! Time they get in it is way to late for me and i am thinking it is time to reverse.

imho
  • #7,889
  • Apr 15, 2009 11:04am Apr 15, 2009 11:04am
good mornin/afternoon y'all

Heres my chart, i drew these lines about 22 hours ago, I wish id been home to trade today.

One other thing ive decided to do, im going back to a demo account and taking the trades i dont have the balls to do with my live based on eo logic and teaching, see how much better(or worse) i do than i have been because so far im down 9%
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  • #7,890
  • Apr 15, 2009 11:04am Apr 15, 2009 11:04am
Quoting rt4x
Just on a positive note...I believe in giving to others or sharing with others what has been given to me by grace....I had a group of people (mostly family members) that have been wanting to learn forex...so we are meeting on Tuesday nights 8-10 pm est. to share and talk about forex, starting from the basics of babypips.com....I have directed them to our thread (if I may call it "our"...that's how it feels) and they are loving it....maybe one of these tuesdays some of our senior members will post around that time some insight...they will be very...
That is awesome! And yes, you can call this our thread, because it is. I wish your family members great success in their venture!
Just digging in the trenches like everyone else!
  • #7,891
  • Apr 15, 2009 11:06am Apr 15, 2009 11:06am
Quoting rt4x
Just on a positive note...I believe in giving to others or sharing with others what has been given to me by grace....I had a group of people (mostly family members) that have been wanting to learn forex...so we are meeting on Tuesday nights 8-10 pm est. to share and talk about forex, starting from the basics of babypips.com....I have directed them to our thread (if I may call it "our"...that's how it feels) and they are loving it....maybe one of these tuesdays some of our senior members will post around that time some insight...they will be very...
That is so cool, I also got mine trading, but only when they can't go out in play. But at least it's a start.

They hate the waiting game, but will soon learn......this is what life is all about.

HOLLA
  • #7,892
  • Apr 15, 2009 11:06am Apr 15, 2009 11:06am
Quoting rt4x
Just on a positive note...I believe in giving to others or sharing with others what has been given to me by grace....I had a group of people (mostly family members) that have been wanting to learn forex...so we are meeting on Tuesday nights 8-10 pm est. to share and talk about forex, starting from the basics of babypips.com....I have directed them to our thread (if I may call it "our"...that's how it feels) and they are loving it....maybe one of these tuesdays some of our senior members will post around that time some insight...they will be very...
cool
When life gives you lemons, make lemonade
  • #7,893
  • Apr 15, 2009 11:10am Apr 15, 2009 11:10am
Quoting eohater
That is awesome! And yes, you can call this our thread, because it is. I wish your family members great success in their venture!
Between my own children and nieces, nephews, brother/sister in law and some non-related...we've had between 12-15 people the last two tuesdays..
  • #7,894
  • Apr 15, 2009 11:10am Apr 15, 2009 11:10am
Quoting Shilva
thats what happens when u a 15m chart teader.......u way ahead of those 4h and daily and fib traders guys! Time they get in it is way to late for me and i am thinking it is time to reverse.

imho
When life gives you lemons, make lemonade
  • #7,895
  • Apr 15, 2009 11:13am Apr 15, 2009 11:13am
Quoting rt4x
Just on a positive note...I believe in giving to others or sharing with others what has been given to me by grace....I had a group of people (mostly family members) that have been wanting to learn forex...so we are meeting on Tuesday nights 8-10 pm est. to share and talk about forex, starting from the basics of babypips.com....I have directed them to our thread (if I may call it "our"...that's how it feels) and they are loving it....maybe one of these tuesdays some of our senior members will post around that time some insight...they will be very...
Patience + Discipline - Greed = Success
  • #7,896
  • Apr 15, 2009 11:17am Apr 15, 2009 11:17am
It may be time for the EO/Infinity 1st annual Forex Masters Golf Championship.
  • #7,897
  • Apr 15, 2009 11:18am Apr 15, 2009 11:18am
Quoting PippiNole
It may be time for the EO/Infinity 1st annual Forex Masters Golf Championship.

My bags are packed.....where do we meet???

HOLLA
  • #7,898
  • Apr 15, 2009 11:22am Apr 15, 2009 11:22am
I am still in my long from 4830 and have no other positions atm... I don't see a short atm and I have moved my stop to +50...
Patience + Discipline - Greed = Success
  • #7,899
  • Apr 15, 2009 11:23am Apr 15, 2009 11:23am
Quoting PippiNole
It may be time for the EO/Infinity 1st annual Forex Masters Golf Championship.
I'm a footy (soccer) kind a guy...
Patience + Discipline - Greed = Success
  • #7,900
  • Apr 15, 2009 11:26am Apr 15, 2009 11:26am
Haven't you ever heard of the foot wedge?

That is what some people use when their ball ends up behind a tree. I may need your foot skills.
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