Trade what you see NOT what you expect | Page 522 | Forex Factory

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Why did you start trading and what do you expect from it? 19 replies

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Trade what you see NOT what you expect

  • #10,421
  • Apr 29, 2009 9:55am Apr 29, 2009 9:55am
Quoting eohater
Outstanding bro!

Here's why I got in where I did.
There were a number of good reasons to jump in where you did. There was your trend line, Infinity's m15 50 and a testing of yesterday's highs.
Hi, my name is Barry and you can keep your doctor...
  • #10,422
  • Apr 29, 2009 9:56am Apr 29, 2009 9:56am
Quoting Infinity
That is why I took profit at 70.. I am not adding to this position atm... but I am not shorting yet either because we are well above the m15 10 and the 5 is still holding... That h4 close in an hour will be interesting.. either a hanging man or a hammer me thinks..
I'm not ready to go short yet either. I think I'm gonna follow suit and book some more profits here at 70 and keep the remainder at +25.
Just digging in the trenches like everyone else!
  • #10,423
  • Apr 29, 2009 9:57am Apr 29, 2009 9:57am
Have you guys been cheating today at all. She has been fun.
  • #10,424
  • Apr 29, 2009 9:58am Apr 29, 2009 9:58am
Quoting analizer
Im agree, Are we using the same broker??.. althought is now between 50 & 61.8 retracement lines... also I have a horizontal resistance around 1.4770 (4hr TF), so could go down now... Let see what charts & candles show us.
Right now since we're near the London fix and we're butting heads with resistance I'm looking for a reason to short.
Hi, my name is Barry and you can keep your doctor...
  • #10,425
  • Apr 29, 2009 9:59am Apr 29, 2009 9:59am
Quoting PippiNole
Have you guys been cheating today at all. She has been fun.
I am trying to be faithful...
Patience + Discipline - Greed = Success
  • #10,426
  • Apr 29, 2009 10:01am Apr 29, 2009 10:01am
Quoting Infinity
I am trying to be faithful...
The word trying leaves a little wiggle room.
  • #10,427
  • Apr 29, 2009 10:01am Apr 29, 2009 10:01am
Quoting PippiNole
Have you guys been cheating today at all. She has been fun.
My reverse and long from yesterday is still running bro. But she's looking like she's running outta steam. I'll consider the short after the h4 closes.
Just digging in the trenches like everyone else!
  • #10,428
  • Apr 29, 2009 10:04am Apr 29, 2009 10:04am
Quoting eohater
My reverse and long from yesterday is still running bro. But she's looking like she's running outta steam. I'll consider the short after the h4 closes.
No wonder she is running out of steam, carrying both of us.
  • #10,429
  • Apr 29, 2009 10:05am Apr 29, 2009 10:05am
Quoting PippiNole
The word trying leaves a little wiggle room.
====> ===>

Ok.... you got me.... I also traded the Euro for 100 pips from 3160...
Patience + Discipline - Greed = Success
  • #10,430
  • Apr 29, 2009 10:07am Apr 29, 2009 10:07am
Quoting Infinity
====> ===>

Ok.... you got me.... I also traded the Euro for 100 pips from 3160...
good stuff...this mofo is to slow
  • #10,431
  • Apr 29, 2009 10:09am Apr 29, 2009 10:09am
Quoting Infinity
====> ===>

Ok.... you got me.... I also traded the Euro for 100 pips from 3160...
  • #10,432
  • Apr 29, 2009 10:09am Apr 29, 2009 10:09am
Quoting nAVIN2007
good stuff...this mofo is to slow
She's just taking a breather now Nav... she's moved quite a bit since last night....
Patience + Discipline - Greed = Success
  • #10,433
  • Apr 29, 2009 10:09am Apr 29, 2009 10:09am
Quoting PippiNole
No wonder she is running out of steam, carrying both of us.
I booked over 200 this morning when I took the long on GU, and kept the rest at +200 as well. I have a tiny soldier left out there on her.
Just digging in the trenches like everyone else!
  • #10,434
  • Edited 10:12am Apr 29, 2009 10:10am | Edited 10:12am
It was my MT4 I used to simply reverse the fibs to get my 127% and 161.8% targets. I will try to attach todays GBP chart reaching the 161.8 within a whisker. here goes....

Based on todays little intraday rally and retrace to 1.42826 the extensions give further targets of 1.485 and 1.492 ish. I am not advisig these so please don't take as signals this use of fibs just might be helpful to someone.

Quoting robgsxr
komissar
this is the exact reason I like being in this thread. A simple and to some members an obvious mistake and yet nothing but genuine help and honourable acceptance of that help. This is why I believe that everyone in this thread will succeed together.

I continue to applaud you all

Something else I want to say I cannot remember all details but on one platform I used to use.....I needed to draw the fibs in the way you did originally to show the 1.27 and 1.68 fib extensions. These numbers many will know often provide good targets...
Attached Image (click to enlarge)
Click to Enlarge Name: fib extensions.gif Size: 32 KB
  • #10,435
  • Apr 29, 2009 10:12am Apr 29, 2009 10:12am
Quoting Infinity
====> ===>

Ok.... you got me.... I also traded the Euro for 100 pips from 3160...
I'm not telling anyone! Nice trade btw!
Just digging in the trenches like everyone else!
  • #10,436
  • Apr 29, 2009 10:16am Apr 29, 2009 10:16am
Quoting eohater
I'm not telling anyone! Nice trade btw!
===>

Great job yourself bro!
Patience + Discipline - Greed = Success
  • #10,437
  • Apr 29, 2009 10:22am Apr 29, 2009 10:22am
Quoting baz
Hi Guys
i think one of the Guys in here asked regards to seeing the price of" X " number of Hours aggregated together,and to show it as 1 candle bar...
This may be of intrest...

http://www.forexfactory.com/showpost...08&postcount=1

regards

baz
Hi Baz, it was me that was asking abou it.

Thanks for the link, I'll check it out when I get home.
  • #10,438
  • Apr 29, 2009 10:22am Apr 29, 2009 10:22am
Quoting cisco
Right now since we're near the London fix and we're butting heads with resistance I'm looking for a reason to short.
We're nearing your fib number!
Just digging in the trenches like everyone else!
  • #10,439
  • Apr 29, 2009 10:25am Apr 29, 2009 10:25am
Quoting eohater
We're nearing your fib number!
Yeah, it'll be interesting to see if the pros agree with the analysis.
Hi, my name is Barry and you can keep your doctor...
  • #10,440
  • Apr 29, 2009 10:34am Apr 29, 2009 10:34am
Quoting eohater
I booked over 200 this morning when I took the long on GU, and kept the rest at +200 as well. I have a tiny soldier left out there on her.
The mistress is a strong one.
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