Trade what you see NOT what you expect | Page 433 | Forex Factory

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Trade what you see NOT what you expect

  • #8,641
  • Apr 19, 2009 12:34pm Apr 19, 2009 12:34pm
Quoting cisco
I think what he's saying is, there was a shampoo that formed from November-Jan. It's played out now and price has worked it's way up past the original neckline.

If anything, we're in the middle of playing out an inverted shampoo on the daily.
What if were playing a shampoo on the daily with the left shoulder and head already formed? I'll post a chart.
Just digging in the trenches like everyone else!
  • #8,642
  • Apr 19, 2009 12:38pm Apr 19, 2009 12:38pm
Quoting eohater
What if were playing a shampoo on the daily with the left shoulder and head already formed? I'll post a chart.
Attached Image (click to enlarge)
Click to Enlarge Name: chart.PNG Size: 44 KB
Just digging in the trenches like everyone else!
  • #8,643
  • Apr 19, 2009 12:42pm Apr 19, 2009 12:42pm
Quoting eohater
Quite possibly.

Here's what I was talking about with the inverted shampoo.
Attached Image
Hi, my name is Barry and you can keep your doctor...
  • #8,644
  • Apr 19, 2009 12:44pm Apr 19, 2009 12:44pm
Quoting cisco
Quite possibly.

Here's what I was talking about with the inverted shampoo.
I see what your talking about now. Thanks for the chart!
Just digging in the trenches like everyone else!
  • #8,645
  • Apr 19, 2009 12:46pm Apr 19, 2009 12:46pm
Quoting cisco
Welcome to the forum macc.

Pay close attention to what's going on. On Mondays we have a written exam.
Just digging in the trenches like everyone else!
  • #8,646
  • Apr 19, 2009 12:46pm Apr 19, 2009 12:46pm
Quoting eohater
I see what your talking about now. Thanks for the chart!
de nada!
Hi, my name is Barry and you can keep your doctor...
  • #8,647
  • Apr 19, 2009 12:51pm Apr 19, 2009 12:51pm
h4
Attached Image (click to enlarge)
Click to Enlarge Name: chart.PNG Size: 62 KB
Just digging in the trenches like everyone else!
  • #8,648
  • Apr 19, 2009 12:56pm Apr 19, 2009 12:56pm
EO, both scenarios could play out on the daily. We could have a regular shampoo followed by a continuation of the inverted shampoo. As you say, price action will show us the way.

Then there's the H1 shampoo we're in the middle of that we both agreed could take us to 1.4580-1.4600.

It could prove to be an interesting week with some good moves in both directions.
Hi, my name is Barry and you can keep your doctor...
  • #8,649
  • Apr 19, 2009 12:58pm Apr 19, 2009 12:58pm
Quoting eohater
That shampoo shows on the H8 as well.

I'm just not convinced - lol.

Basically I'm bearish sterling and 1.5 is major resistance where prioce was rejected. I think it'll go to 46 then retrace back to 49 area.

Hope you don't mind another contribution to the HS debate.

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  • #8,650
  • Apr 19, 2009 1:02pm Apr 19, 2009 1:02pm
Quoting cisco
EO, both scenarios could play out on the daily. We could have a regular shampoo followed by a continuation of the inverted shampoo. As you say, price action will show us the way.

Then there's the H1 shampoo we're in the middle of that we both agreed could take us to 1.4580-1.4600.

It could prove to be an interesting week with some good moves in both directions.
Exactly! We'll take her long and short by letting the PA lead the way.
Just digging in the trenches like everyone else!
  • #8,651
  • Apr 19, 2009 1:03pm Apr 19, 2009 1:03pm
Quoting stewrigh
That shampoo shows on the H8 as well.

I'm just not convinced - lol.

Basically I'm bearish sterling and 1.5 is major resistance where prioce was rejected. I think it'll go to 46 then retrace back to 49 area.

Hope you don't mind another contribution to the HS debate.

Attachment
Opinions are always welcome. Ultimately, though, we're going to play it as we see it individually.
Hi, my name is Barry and you can keep your doctor...
  • #8,652
  • Apr 19, 2009 1:05pm Apr 19, 2009 1:05pm
Quoting stewrigh
That shampoo shows on the H8 as well.

I'm just not convinced - lol.

Basically I'm bearish sterling and 1.5 is major resistance where prioce was rejected. I think it'll go to 46 then retrace back to 49 area.

Hope you don't mind another contribution to the HS debate.
Thank you for your input! It's always appreciated.
Just digging in the trenches like everyone else!
  • #8,653
  • Apr 19, 2009 1:07pm Apr 19, 2009 1:07pm
Have a good afternoon, everyone. I'm going to go out and do battle with the lawnmower for awhile.
Hi, my name is Barry and you can keep your doctor...
  • #8,654
  • Apr 19, 2009 1:08pm Apr 19, 2009 1:08pm
h1
Attached Image (click to enlarge)
Click to Enlarge Name: chart.PNG Size: 51 KB
Just digging in the trenches like everyone else!
  • #8,655
  • Apr 19, 2009 1:09pm Apr 19, 2009 1:09pm
Quoting cisco
Have a good afternoon, everyone. I'm going to go out and do battle with the lawnmower for awhile.
Enjoy Cisco! I did my battle with the lawnmower yesterday.
Just digging in the trenches like everyone else!
  • #8,656
  • Apr 19, 2009 1:11pm Apr 19, 2009 1:11pm
I cant help myself, I know im not here to trade monday to wednesday, but i gotta read the thread, i cant resist.

We're going to spot the loch ness monster, so i guess ill be having a full day trading on thursday, see u then PPL.
  • #8,657
  • Apr 19, 2009 1:39pm Apr 19, 2009 1:39pm
Quoting eohater
EO....this is the same formation I was looking at earlier last week on the 4H that I asked you about?....if you mark the beginning of the left shoulder with a vertical line and take it down to the 4H...that is exactly what i see as well...
  • #8,658
  • Apr 19, 2009 2:29pm Apr 19, 2009 2:29pm
Hi, can somebody teach me what is MA at 1:00 and 5:00? I never heard about it.
Thanks.
  • #8,659
  • Apr 19, 2009 2:43pm Apr 19, 2009 2:43pm
Quoting HelenaY
Hi, can somebody teach me what is MA at 1:00 and 5:00? I never heard about it.
Thanks.
That is when the 15 min. 10 ema is pointing towards 1 oclock in an uptrend or 5 oclock in a down trend.
  • #8,660
  • Apr 19, 2009 2:46pm Apr 19, 2009 2:46pm
Hey Macc are you ready for the written test?
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