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Trade what you see NOT what you expect

  • #10,101
  • Apr 26, 2009 9:43pm Apr 26, 2009 9:43pm
hay sblank...good to see ya, been thinking short for a while myself but i could not wait.

i closed my long for a few when the 62ema held.

nice entry on your part....wish i would have grabbed it!

  • #10,102
  • Apr 26, 2009 9:54pm Apr 26, 2009 9:54pm
Quoting Shilva
hay sblank...good to see ya, been thinking short for a while myself but i could not wait.

i closed my long for a few when the 62ema held.

nice entry on your part....wish i would have grabbed it!

closed last short at even going to wait to see if 46 holds
  • #10,103
  • Apr 27, 2009 1:23am Apr 27, 2009 1:23am
Morning all. How's everyone?
  • #10,104
  • Apr 27, 2009 2:01am Apr 27, 2009 2:01am
Good morning Daffy.
  • #10,105
  • Apr 27, 2009 2:11am Apr 27, 2009 2:11am
Good morning macc.
  • #10,106
  • Apr 27, 2009 2:14am Apr 27, 2009 2:14am
Good morning Ken.
  • #10,107
  • Apr 27, 2009 2:16am Apr 27, 2009 2:16am
Good afternoon all
  • #10,108
  • Apr 27, 2009 2:19am Apr 27, 2009 2:19am
Quoting PippiNole
Good morning macc.
Morning Pippi, morning all. A little late into the office this morning. Looks like she's made a good run down. Hope you all grabbed some.
  • #10,109
  • Apr 27, 2009 2:26am Apr 27, 2009 2:26am
Quoting damo9893
Good afternoon all
Good day Damo.
  • #10,110
  • Apr 27, 2009 2:40am Apr 27, 2009 2:40am
morning all , and good night going back to bed can't seem to wake up.. took a couple of shorts of e/j for a bit..Trade Well Ken
Good Trading To All ; Ken Lee
  • #10,111
  • Apr 27, 2009 2:41am Apr 27, 2009 2:41am
Quoting Turtle
And why would that be Navin????

HOLLA
Im british and just bought a house i really dont want to fall into negative equity and see hard times....it aint looking like the recovery is happening this month..and i was thinking it may happen....the question is how low can this mofo go
  • #10,112
  • Apr 27, 2009 2:42am Apr 27, 2009 2:42am
Quoting Shilva
Don't worry Navin..... U guys are "to big to fail!"



U.S. will send $$$$$$$
yes but what if they all fall
  • #10,113
  • Apr 27, 2009 4:14am Apr 27, 2009 4:14am
There's talk that swine flu is causing some risk aversion, hence dollar buying.

Not sure why though, I've never heard of dollars being used as antibiotics before.
  • #10,114
  • Apr 27, 2009 5:33am Apr 27, 2009 5:33am
quiet today, where is everybody?
  • #10,115
  • Edited 6:33am Apr 27, 2009 5:52am | Edited 6:33am
Morning, everyone

For past 30 min I've been watching how she is climbing up from 4550 up to 4600. Did not have guts to long.
BUT
I am waiting her to get to 4615-20, so I can short her.

Suggestions?


Just realized. There was an obvious W formation on 15M. Definetely missed long from 4550.
Attached Image (click to enlarge)
Click to Enlarge Name: 15min.jpg Size: 83 KB
  • #10,116
  • Apr 27, 2009 6:13am Apr 27, 2009 6:13am
Hey guys, hows trading? been away for past month in Punjab, India zero contact with any trading news!! feels good to have a break, now back to the grind,

Daily chart: cable been consoldating recent gains over last few trading days, 1.4450 area seems good support area, failed to close below there on the last few attempts,

1hour looks like there maybe test of 50/62ema,

been scalping the 15min for a small winners this morning, now awaiting US players to see where we go...

happy trading

Trading is 80% Emotional, 20% Technical
  • #10,117
  • Apr 27, 2009 6:57am Apr 27, 2009 6:57am
Morning
  • #10,118
  • Apr 27, 2009 7:00am Apr 27, 2009 7:00am
Hi FX

welcome back
Holiday or business in India??

Like you I have been scalping this am, unlike you all losers.... Timing, timing, timing. Signals weren't so clear IMO so I am not being to hard on myself.
Any way this afternoon might be better

good trading



Quoting fx local
Hey guys, hows trading? been away for past month in Punjab, India zero contact with any trading news!! feels good to have a break, now back to the grind,

Daily chart: cable been consoldating recent gains over last few trading days, 1.4450 area seems good support area, failed to close below there on the last few attempts,

1hour looks like there maybe test of 50/62ema,

been scalping the 15min for a small winners this morning, now awaiting US players to see where we go...

happy trading

  • #10,119
  • Apr 27, 2009 7:12am Apr 27, 2009 7:12am
Quoting fx local
Hey guys, hows trading? been away for past month in Punjab, India zero contact with any trading news!! feels good to have a break, now back to the grind,

Daily chart: cable been consoldating recent gains over last few trading days, 1.4450 area seems good support area, failed to close below there on the last few attempts,

1hour looks like there maybe test of 50/62ema,

been scalping the 15min for a small winners this morning, now awaiting US players to see where we go...

happy trading

You lucky guy! It's always best to have a little break, then come back to trading: one feels a lot sharper and more focused. I see this cable ranging for a while yet, in the already formed range. It's difficult at this point to trade on a long term trend, so intraday and swing trades are best at this moment in time, potentially scalping off the range, and price reversal points.
Probability Professor
  • #10,120
  • Apr 27, 2009 7:12am Apr 27, 2009 7:12am
Anyone have any thoughts on wether the GBP is generally bullish or bearish. The weekly shows 2 distinct weeks of directly opposite candles I think. On the daily the the 100 sma and 35 sma supported the price this morning from going lower and the 4hr 200sma supported price for intraday. And finaly the 15min seems to be forming a triangle.
Does anyone have an opinion on wether we should look for long opportunities or shorts???? or might the triangle break give us some clues??????

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