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Trade what you see NOT what you expect

  • #10,181
  • Apr 27, 2009 1:26pm Apr 27, 2009 1:26pm
Quoting cisco
Last week was by far the worst trading week of my life. I couldn't pick the winner of a one horse race. By the time Friday rolled around I was ready to close my trading account and take up another hobby.
We have those time sometimes! Just have to keep our heads together and get back on the horse! Sorry you had a bad week! My week wasn't the best either last week. I failed to meet quota myself.
Just digging in the trenches like everyone else!
  • #10,182
  • Apr 27, 2009 1:28pm Apr 27, 2009 1:28pm
Wow! Looks like everybody was napping, and now is a wake-up time.

Any reason to short GU from 62ma?
  • #10,183
  • Apr 27, 2009 1:28pm Apr 27, 2009 1:28pm
Quoting eohater
I'm not telling your wife....
  • #10,184
  • Apr 27, 2009 1:31pm Apr 27, 2009 1:31pm
Quoting Komissar

Any reason to short GU from 62ma?
I'm looking at the H1 50 and the m15 200 as a shorting area...if it makes it that far.
Hi, my name is Barry and you can keep your doctor...
  • #10,185
  • Apr 27, 2009 1:32pm Apr 27, 2009 1:32pm
Quoting eohater
I'm not telling your wife....
Would his wife believe you "He's getting paid to see the mistress"
Good Trading To All ; Ken Lee
  • #10,186
  • Apr 27, 2009 1:33pm Apr 27, 2009 1:33pm
Hi guys, I am thinking of adding to my short if it gets back to the 21ema.

Anybody else seeing that?

I finally caught her just below 4700 after being stopped out twice today on short trades.
  • #10,187
  • Apr 27, 2009 1:33pm Apr 27, 2009 1:33pm
Quoting rt4x
Yes...exactly...and I know that mini ones play within the bigger ones....counsel, support and agreement are always GOOD...thanks !!!
she topped out right on your mini shampoo shoulder
  • #10,188
  • Apr 27, 2009 1:33pm Apr 27, 2009 1:33pm
Quoting KENNETH lEE
Would his wife believe you "He's getting paid to see the mistress"
Just digging in the trenches like everyone else!
  • #10,189
  • Apr 27, 2009 1:34pm Apr 27, 2009 1:34pm
Quoting cisco
I'm looking at the H1 50 and the m15 200 as a shorting area...if it makes it that far.
The irony is I was looking at this area in the morning. It got to that level and went through.

I missed it when it came back, and now the story repeats?
  • #10,190
  • Apr 27, 2009 1:36pm Apr 27, 2009 1:36pm
Quoting Komissar

I missed it when it came back, and now the story repeats?
A second chance?
Hi, my name is Barry and you can keep your doctor...
  • #10,191
  • Apr 27, 2009 1:37pm Apr 27, 2009 1:37pm
Quoting eohater
I didn't think it was that funny.
  • #10,192
  • Apr 27, 2009 1:43pm Apr 27, 2009 1:43pm
Quoting Shilva
Hi guys, I am thinking of adding to my short if it gets back to the 21ema.

Anybody else seeing that?

I finally caught her just below 4700 after being stopped out twice today on short trades.
That may turn out to be a good trade. We've got the m15 21 and a trendline together.
Attached Image
Hi, my name is Barry and you can keep your doctor...
  • #10,193
  • Apr 27, 2009 1:45pm Apr 27, 2009 1:45pm
Quoting BenScoobert
she topped out right on your mini shampoo shoulder
This has finished forming the head and now if it goes up to 1H 50/ 15min 200 @4642 would work perfect for the top formation of right shoulder then drop as low as 4500-4480 for this particular mini shampoo... just maybe
  • #10,194
  • Apr 27, 2009 1:47pm Apr 27, 2009 1:47pm
Quoting rt4x
This has finished forming the head and now if it goes up to 1H 50/ 15min 200 @4642 would work perfect for the top formation of right shoulder then drop as low as 4500-4480 for this particular mini shampoo... just maybe
I shorted at 4629 when i saw it match the other shoulder
  • #10,195
  • Apr 27, 2009 1:48pm Apr 27, 2009 1:48pm
Quoting BenScoobert
I shorted at 4629 when i saw it match the other shoulder
I'm on the sidelines still....might join you very shortly BEST WISHES !!!
  • #10,196
  • Apr 27, 2009 1:52pm Apr 27, 2009 1:52pm
Quoting rt4x
I'm on the sidelines still....might join you very shortly BEST WISHES !!!
hope you jumped on at that peak
  • #10,197
  • Apr 27, 2009 1:55pm Apr 27, 2009 1:55pm
Thanks for the responses, everyone.
  • #10,198
  • Apr 27, 2009 1:57pm Apr 27, 2009 1:57pm
Quoting daffy
Thanks for the responses, everyone.
do you plan to just trade GU during the asian session or USDJPY?
  • #10,199
  • Apr 27, 2009 2:00pm Apr 27, 2009 2:00pm
Quoting BenScoobert
hope you jumped on at that peak
I actually stepped out when she spiked...now I'm back and I will wait for close of hour...i think she will hang out at this price for a bit...to "round" shoulder... ....am i asking for too much here ??????

ps...15m closed above last wick...waiting for a possible touch of 1H 50sma...
  • #10,200
  • Apr 27, 2009 2:06pm Apr 27, 2009 2:06pm
Quoting BenScoobert
do you plan to just trade GU during the asian session or USDJPY?
I trade both GU and UJ, just depends where I see an opportunity.
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