Trade what you see NOT what you expect | Page 412 | Forex Factory

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Trade what you see NOT what you expect

  • #8,221
  • Apr 16, 2009 2:33pm Apr 16, 2009 2:33pm
Quoting eohater
It could be! Same price as the h1 50 and h4 5 as well.
Well...I'm not crossing any body parts...but I'm short.
Hi, my name is Barry and you can keep your doctor...
  • #8,222
  • Apr 16, 2009 2:35pm Apr 16, 2009 2:35pm
A nice pin candle at 15 min on EUR/JPY
"Even A Thousand Mile Journey Begins with the First Step"
  • #8,223
  • Apr 16, 2009 2:36pm Apr 16, 2009 2:36pm
Quoting PipLand
Ive just closed my last long on EU, i find it strange that the rally in equities at the moment is having such a dulled down effect on EU and cable. Makes me wonder if there is any let up in the rallying we could see these pairs drop hard and fast
Hey Pipland et al,

I've been thinking the same thoughts in relation to cable, especially when one considers sterling's role as a supposed barometer of risk appetite.

With financial stocks leading this rally in equities, I would have expected cable to convincingly break 1.50 today, particularly after the bullish noises from JP Morgan.

Paul
  • #8,224
  • Apr 16, 2009 2:36pm Apr 16, 2009 2:36pm
Quoting eohater
Good job bro! I missed the fall from 5060, but I got 5000 to 4900 which was nice and some good short pippage during the US Session and some good long pippage as well. I just have long soldiers on the field marching now. I wouldn't mind seeing a hangingman on the daily for our Friday to be full of short green pips!
You are the man!
  • #8,225
  • Apr 16, 2009 2:45pm Apr 16, 2009 2:45pm
Quoting PippiNole
You are the man!
Just working in the trenches like everyone else bro!
Just digging in the trenches like everyone else!
  • #8,226
  • Apr 16, 2009 2:48pm Apr 16, 2009 2:48pm
Quoting eohater
Just working in the trenches like everyone else bro!
I thought that was you I saw in the fox hole.
  • #8,227
  • Apr 16, 2009 2:49pm Apr 16, 2009 2:49pm
Can someone tell me what the 4hr looks like on the mistress?
  • #8,228
  • Apr 16, 2009 2:50pm Apr 16, 2009 2:50pm
Quoting gammase1
Hey Pipland et al,

I've been thinking the same thoughts in relation to cable, especially when one considers sterling's role as a supposed barometer of risk appetite.

With financial stocks leading this rally in equities, I would have expected cable to convincingly break 1.50 today, particularly after the bullish noises from JP Morgan.

Paul
Here comes the Dow now! Party time lol
  • #8,229
  • Apr 16, 2009 2:53pm Apr 16, 2009 2:53pm
Quoting PippiNole
Can someone tell me what the 4hr looks like on the mistress?
Can you say hangman?? I'll post in 8m after it closes.
Just digging in the trenches like everyone else!
  • #8,230
  • Apr 16, 2009 2:54pm Apr 16, 2009 2:54pm
Quoting PipLand
Here comes the Dow now! Party time lol
Still in a state of disbelief on how far and fast this rally in equities has come. Been trading the long-side, but without any conviction in the past couple of weeks. Am staying away from cable until tomorrow, as I had a frustrating time with her today, all due to my impatience.
  • #8,231
  • Apr 16, 2009 2:55pm Apr 16, 2009 2:55pm
Quoting PippiNole
Can someone tell me what the 4hr looks like on the mistress?

Here you go, looks like short to me.
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Good Trading To All ; Ken Lee
  • #8,232
  • Apr 16, 2009 2:56pm Apr 16, 2009 2:56pm
Quoting gammase1
Still in a state of disbelief on how far and fast this rally in equities has come. Been trading the long-side, but without any conviction in the past couple of weeks. Am staying away from cable until tomorrow, as I had a frustrating time with her today, all due to my impatience.
Sorry about your bad day Paul! Shake it off and come back fresh tomorrow with more patience!!
Just digging in the trenches like everyone else!
  • #8,233
  • Apr 16, 2009 2:57pm Apr 16, 2009 2:57pm
Quoting eohater
Here's a thought for everyone then, hangman on the daily and we could see 4500




HOLLA
  • #8,234
  • Apr 16, 2009 2:57pm Apr 16, 2009 2:57pm
Quoting eohater
Can you say hangman?? I'll post in 8m after it closes.
Thanks, it is early but sounds good for my short. My 3hr was looking good. This damn 10 ema needs to lighten up.
  • #8,235
  • Apr 16, 2009 2:58pm Apr 16, 2009 2:58pm
Quoting eohater
Sorry about your bad day Paul! Shake it off and come back fresh tomorrow with more patience!!
Cheers EO. Glad to see you're doing well, and this thread going from strength to strength.

Paul
  • #8,236
  • Apr 16, 2009 2:59pm Apr 16, 2009 2:59pm
Quoting KENNETH lEE
Here you go, looks like short to me.
Thank you Ken! Now, I would go to my lower time frame charts to find my short entry. Short now off the h4 might take a while to play out. She might have some long life in her still. Patience to get a higher price with lower time frame pa will reduce the drawdown. This is what I was talking about earlier. All time frames have to be considered. We can get better entries than the h4 traders by having patience and following our PA on the lower time frames.
Just digging in the trenches like everyone else!
  • #8,237
  • Apr 16, 2009 2:59pm Apr 16, 2009 2:59pm
Quoting PippiNole
Thanks, it is early but sounds good for my short. My 3hr was looking good. This damn 10 ema needs to lighten up.
20 in the bank and +2.
  • #8,238
  • Apr 16, 2009 3:00pm Apr 16, 2009 3:00pm
Quoting KENNETH lEE
Here you go, looks like short to me.
Thank you kind sir.
  • #8,239
  • Apr 16, 2009 3:02pm Apr 16, 2009 3:02pm
Quoting eohater
Thank you Ken! Now, I would go to my lower time frame charts to find my short entry. Short now off the h4 might take a while to play out. She might have some long life in her still. Patience to get a higher price with lower time frame pa will reduce the drawdown. This is what I was talking about earlier. All time frames have to be considered. We can get better entries than the h4 traders by having patience and following our PA on the lower time frames.
For sure ,, A nice long pin on the 1 hr closed below the sma 50 , Now if it can break through the 35/50 15 min and get a retest. That would be nice.
Good Trading To All ; Ken Lee
  • #8,240
  • Apr 16, 2009 3:03pm Apr 16, 2009 3:03pm
Quoting gammase1
Still in a state of disbelief on how far and fast this rally in equities has come. Been trading the long-side, but without any conviction in the past couple of weeks. Am staying away from cable until tomorrow, as I had a frustrating time with her today, all due to my impatience.
I know what you mean its hard to believe the rallying when there isnt any clear signs of improvement. I expected ranging at best!

My dow daily suggests we might just be in a massive bear market rally!

looks good for cable shorts if we are!
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