Trade what you see NOT what you expect | Page 447 | Forex Factory

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Trade what you see NOT what you expect

  • #8,921
  • Apr 20, 2009 7:29pm Apr 20, 2009 7:29pm
Quoting Turtle
Nope, I think lack of sleep is affecting my trading today.

I was sitting here amazed that I miss both moves....oh well.

I'm eating some dinner and then heading to bed. Trying to work out a trading schedule that allows me balance between personal time, family and trading.

HOLLA
You must keep things in balance especially when you have a family.
  • #8,922
  • Apr 20, 2009 7:40pm Apr 20, 2009 7:40pm
Quoting PippiNole
You must keep things in balance especially when you have a family.

Thanks bro.....

Heading to bed, catch ya'll later!

HOLLA
  • #8,923
  • Apr 20, 2009 8:09pm Apr 20, 2009 8:09pm
This is crazy but fun. 70 pips down and 60 pips up for the pip bank. I think I'm done for the night. See ya tomorrow.
  • #8,924
  • Apr 20, 2009 9:03pm Apr 20, 2009 9:03pm
Just closed the 1 hr EUR/JPY candle, an show us a nice pin...
Look like sellers are yet on the way for more time
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"Even A Thousand Mile Journey Begins with the First Step"
  • #8,925
  • Apr 21, 2009 12:04am Apr 21, 2009 12:04am
whats up fellas hope all is well, ive been dropping in here and there, see things are going well. anyway im getting back in the saddle with my trading full force. took a little break, seeing charts in your dreams cant be good haha. took a few longs earlier for some scalping action im trying to get long for a nice run on this thing tonight or tomorrow. i think the test of 4480 will provide a nice base "hopefully". depending on PA around the 4600 level will dictate where i take things. good luck trading everyone
  • #8,926
  • Apr 21, 2009 1:50am Apr 21, 2009 1:50am
well glad she never made it up because i wouldve been long, sitting back and watching till something else develops. shouldve taking the short off of the previous 1hr candle close of 0200 EST but just couldnt bring myself to pull the trigger
  • #8,927
  • Apr 21, 2009 3:59am Apr 21, 2009 3:59am
Good afternoon everyone
  • #8,928
  • Apr 21, 2009 4:07am Apr 21, 2009 4:07am
Short at 1.4584 with the hangman on the resistance
  • #8,929
  • Apr 21, 2009 4:34am Apr 21, 2009 4:34am
Hey Ken Lee how ya going, you in any trades at the moment. My short isnt going to well at the moment.
  • #8,930
  • Apr 21, 2009 4:56am Apr 21, 2009 4:56am
Quoting damo9893
Hey Ken Lee how ya going, you in any trades at the moment. My short isnt going to well at the moment.
I shorted it too at 4585. But I am out now - didn't like this kind of support around 4575.
  • #8,931
  • Apr 21, 2009 4:58am Apr 21, 2009 4:58am
[quote=damo9893;2683502]Hey Ken Lee how ya going, you in any trades at the moment. My short isnt going to well at the moment.[/quote

I took the mistress for 27 and closed heading to breakfast, wasn't the cleanest entry. Your entry could have been added to up that wick towards 600 would have helped your short. Still hard for me to add on to a position going the wrong way but with this strategy it works out that way. always save a little to do that and averages your entry. while I type your now in the green...
Good Trading To All ; Ken Lee
  • #8,932
  • Apr 21, 2009 5:00am Apr 21, 2009 5:00am
Quoting Komissar
I shorted it too at 4585. But I am out now - didn't like this kind of support around 4575.
Yer its been a bit of a pain in the ass, it cant decide which way it wants to go, i want it to go down to about 45 so i can get it covered, gonna take 20 off if it hits 60. I got my full army on it and wanna get a couple soldiers off asap.
  • #8,933
  • Apr 21, 2009 5:03am Apr 21, 2009 5:03am
[quote=KENNETH lEE;2683545]
Quoting damo9893
Hey Ken Lee how ya going, you in any trades at the moment. My short isnt going to well at the moment.[/quote

I took the mistress for 27 and closed heading to breakfast, wasn't the cleanest entry. Your entry could have been added to up that wick towards 600 would have helped your short. Still hard for me to add on to a position going the wrong way but with this strategy it works out that way. always save a little to do that and averages your entry. while I type your now in the green...
yer i bought initailly at 72 and added some more soldiers on its way up, thats how i got an averaged price of 84. I didnt think it was gonna go much higher . It could have been covered by now if i could have gotten in higher.
  • #8,934
  • Apr 21, 2009 5:07am Apr 21, 2009 5:07am
Fellows, what about this nice looking pin on 1H?
  • #8,935
  • Apr 21, 2009 5:13am Apr 21, 2009 5:13am
Quoting Komissar
Fellows, what about this nice looking pin on 1H?
The only thing I can see against it is that it is above the 10 sma line . Plus it can still play out ..
Good Trading To All ; Ken Lee
  • #8,936
  • Apr 21, 2009 5:13am Apr 21, 2009 5:13am
yeah that look nice but how about the more bullish 4H?
  • #8,937
  • Apr 21, 2009 5:19am Apr 21, 2009 5:19am
Quoting damo9893
Short at 1.4584 with the hangman on the resistance
Took 1 soldier off at +10 and covered, couldnt handle the tension

Now i cant lose any money
  • #8,938
  • Apr 21, 2009 5:23am Apr 21, 2009 5:23am
What a difference a good night of sleep does.

GU....saw that pin on the 1HR, but like Ken Lee states it was above the 10sma, plus on my 15M it was above the 10ema. And that 4HR sitting right below the 10 and 150.

Mistress almost has the same setup.

So I wait......

HOLLA
  • #8,939
  • Apr 21, 2009 5:30am Apr 21, 2009 5:30am
Quoting Turtle
What a difference a good night of sleep does.

GU....saw that pin on the 1HR, but like Ken Lee states it was above the 10sma, plus on my 15M it was above the 10ema. And that 4HR sitting right below the 10 and 150.

Mistress almost has the same setup.

So I wait......

HOLLA
It would be awesome if someone could elaborate on why you dont take trades when they are above the 10sma, still new to this and didnt know about this part.

Cheers Damo
  • #8,940
  • Apr 21, 2009 5:37am Apr 21, 2009 5:37am
Quoting damo9893
It would be awesome if someone could elaborate on why you dont take trades when they are above the 10sma, still new to this and didnt know about this part.

Cheers Damo
Damo.......

I wouldn't be looking for a short if the action is above the 1HR 10sma(yellow), longs are in play right now. But looking at my 4HR there is resistance at the 4600 level with the 10(purple) and 150(brown), plus she is above my 5(yellow). And on my 15M, she is above all MA's.

So right now she is caught in between for me and I need to look for a better setup.

Hope that helps

HOLLA
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