Trade what you see NOT what you expect | Page 425 | Forex Factory

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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

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Trade What You See And Not What You Hope 0 replies

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Trade what you see NOT what you expect

  • #8,481
  • Apr 17, 2009 8:10am Apr 17, 2009 8:10am
Took a short on GU from 4826, lock in +20 and left a solider covered.

HOLLA
  • #8,482
  • Apr 17, 2009 8:10am Apr 17, 2009 8:10am
Quoting eohater
Did you get in on it bro? I added to my shorts on it.
Took 40 off at 4800.
Just digging in the trenches like everyone else!
  • #8,483
  • Apr 17, 2009 8:10am Apr 17, 2009 8:10am
Quoting cisco
Morning troops. Just got to my computer and saw a nice sell opp. Short 1.4835. Looking for 1.4770 as my first stop.
Good trade, I caught her a little bit lower, but green is good.

HOLLA
  • #8,484
  • Apr 17, 2009 8:11am Apr 17, 2009 8:11am
still no trade for me today
When life gives you lemons, make lemonade
  • #8,485
  • Apr 17, 2009 8:12am Apr 17, 2009 8:12am
Quoting eohater
Took 40 off at 4800.
What's up bro......


HOLLA
  • #8,486
  • Apr 17, 2009 8:12am Apr 17, 2009 8:12am
Quoting robgsxr
Good level, I had a auto sell order at 1.48384 which was triggered and now up 18 pips. Another success for me to see the set up and the level.

I feel things slowly coming together, since I have been following EO's thread with all the help coming from so many people.
I lost my way and almost gave up trading last year but feel some confidence coming back. not enough yet to go back to live trading but my account patiently waits for me.

Trading is becoming fun again
Just digging in the trenches like everyone else!
  • #8,487
  • Apr 17, 2009 8:12am Apr 17, 2009 8:12am
You guessed it Aprilia RS250 but Ihave an old ts 250 that waits in my barn. Maybe this year...
If you like this type of trading I think you will learn a lot here with EO and the guys.. They know trading and they do what they preach extremely well..


Quoting riggster
Ha ha Thanks mate, Brit champ enduros great for honing the mind!!

Think i have some natural scalping talent if thats possible.

Take it u ride tarmac
  • #8,488
  • Apr 17, 2009 8:13am Apr 17, 2009 8:13am
Quoting Turtle
Good trade, I caught her a little bit lower, but green is good.

HOLLA
Thanks. It's always fun to walk right into a trade without having to sit around waiting for an opp to occur. I'm not going to be online all day so I figured I better make hay while I can.
Hi, my name is Barry and you can keep your doctor...
  • #8,489
  • Apr 17, 2009 8:17am Apr 17, 2009 8:17am
Quoting cisco
Thanks. It's always fun to walk right into a trade without having to sit around waiting for an opp to occur. I'm not going to be online all day so I figured I better make hay while I can.
Good Job! Your right about walking into a trade right off the bat! It's a great feeling!
Just digging in the trenches like everyone else!
  • #8,490
  • Apr 17, 2009 8:26am Apr 17, 2009 8:26am
Quoting eohater
Good Job! Your right about walking into a trade right off the bat! It's a great feeling!
We might go back and retest the old trendline or even the neckline. I'll be looking to reload with more troops if we do.
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Hi, my name is Barry and you can keep your doctor...
  • #8,491
  • Edited 8:42am Apr 17, 2009 8:28am | Edited 8:42am
Quoting KENNETH lEE
The 5:00 O'clock Refers to the direction the 10 or 21 ma,s are pointing too.
This is all in the PDF file on Post #1 Really need to read through that...

Cheers Ken

Thanks for your answer Ken. Already I have read the PDF files and get yet somewhat confused by the set up number 5:
e) 15m-35-50MA spike through
The trade was really easy to take, the resistance and the major spike was through the 15m 35/50. If she spikes that hard through, even if she closes that high, she's going to come back down to atleast touch the 15m 35/50 before continuing her journey. A positive exit is about 90% in my eyes. I've not done the math, but it works.

I understand the set up number 2 and also applied it succesfully:
b) 15m-35-50MA cross and reverse:
When you see a close of 15m candle through the 35 and 50 with a short wick, trade a reversal on the opening of the next candle. In chart below green arrow points to candle that breaks through the MA’s and the red arrow points to candle you would go short on opening of.

But does e) set up means that if there is a huge cross of 35-50 MA, so you can trade oposite at the open of the next candle, and TP is around 35-50 MA??? (if its only a huge spike, how do you trade it on next candle, when mabe it had reverse all?)

Thanks for your contribution

Pd. Sorry you lost your misstres (mine also) trade oportunity (if Im not wrong your trading the 5 o`clock set up)... There is another one just in the path.
"Even A Thousand Mile Journey Begins with the First Step"
  • #8,492
  • Apr 17, 2009 8:29am Apr 17, 2009 8:29am
Quoting cisco
Thanks. It's always fun to walk right into a trade without having to sit around waiting for an opp to occur. I'm not going to be online all day so I figured I better make hay while I can.

You and me both...car is packed and ready to head to the beach.

HOLLA
  • #8,493
  • Apr 17, 2009 8:30am Apr 17, 2009 8:30am
Quoting robgsxr
You guessed it Aprilia RS250 but Ihave an old ts 250 that waits in my barn. Maybe this year...
If you like this type of trading I think you will learn a lot here with EO and the guys.. They know trading and they do what they preach extremely well..
Love 2T road bikes had a KR1S years back when they came out remember them??

As for trading yep just what i need so will hopefully be in touch more. Just gonna take it nice and slow.
I too have had bad ones last year, but i was clueless like the masses just throwing money away adding to fx liquidity
Good lessons learned and now i realize i have to sit down each day and work damed hard at this. And yes im starting to find it fun and rewarding when you spot a setup like earlier and someone acnkowledges it too...you know you are starting to make some progress.
  • #8,494
  • Apr 17, 2009 8:31am Apr 17, 2009 8:31am
Quoting Turtle
You and me both...car is packed and ready to head to the beach.

HOLLA
I hope you and the family have a great trip. Be safe and enjoy, the market will be here when you get back.
Hi, my name is Barry and you can keep your doctor...
  • #8,495
  • Apr 17, 2009 8:35am Apr 17, 2009 8:35am
Quoting Turtle
You and me both...car is packed and ready to head to the beach.

HOLLA
Have fun at the beach.

I am assisting my son on some mechanical work on the wifes M3. Not my idea of fun but there will be time for that on Sunday.
  • #8,496
  • Apr 17, 2009 8:39am Apr 17, 2009 8:39am
I gotta go guys, might be back later?
If not have a great weekend.

I just want to say this has perhaps been my most enjoyable week trading purely because of the learning I have received since this thread began and from all the ongoing contributions but I think mostly because of the spirit in which everyone posts.
I hope everything continues in this way for your thread EO-these really are a good group of guys.



Rob
  • #8,497
  • Apr 17, 2009 8:43am Apr 17, 2009 8:43am
Quoting Turtle
You and me both...car is packed and ready to head to the beach.

HOLLA

What Beach do you Viist.?
Good Trading To All ; Ken Lee
  • #8,498
  • Apr 17, 2009 8:44am Apr 17, 2009 8:44am
I know where you are coming from I really have been there. Hope you stay around and everyone can grow successful together.

KR's never had them but liked them a lot, would like to have one amongst the many others I would like to collect.... we will see what this year brings!!!

Good trading

Quoting riggster
Love 2T road bikes...
  • #8,499
  • Apr 17, 2009 8:45am Apr 17, 2009 8:45am
Quoting PippiNole
Have fun at the beach.

I am assisting my son on some mechanical work on the wifes M3. Not my idea of fun but there will be time for that on Sunday.
You have been saying that ever since I have known you ..LOL Wonder what will get in the way this weekend..
Big sale down at the local Walmart .
Good Trading To All ; Ken Lee
  • #8,500
  • Apr 17, 2009 8:45am Apr 17, 2009 8:45am
Quoting KENNETH lEE
What Beach do you Viist.?
Alright hitting the road to Myrtle Beach, SC.

Make some pips for me...enjoy your weekend and be ready to battle come Sunday.

HOLLA
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