Trade what you see NOT what you expect | Page 549 | Forex Factory

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Trade what you see NOT what you expect

  • #10,961
  • May 4, 2009 7:07am May 4, 2009 7:07am
What a slow market.
Hi, my name is Barry and you can keep your doctor...
  • #10,962
  • May 4, 2009 7:26am May 4, 2009 7:26am
Is anybody long?

I'm waiting to see if we make it to 1.482x area. That would be a 618 retrace of Friday's price range. It might not make it, but I'm hoping.
Hi, my name is Barry and you can keep your doctor...
  • #10,963
  • May 4, 2009 7:30am May 4, 2009 7:30am
Quoting cisco
Is anybody long?

I'm waiting to see if we make it to 1.482x area. That would be a 618 retrace of Friday's price range. It might not make it, but I'm hoping.
I say its difficult to call today uk bank hol and all.

I staying out until a decent setup appears.
  • #10,964
  • May 4, 2009 7:32am May 4, 2009 7:32am
Quoting cisco
Is anybody long?

I'm waiting to see if we make it to 1.482x area. That would be a 618 retrace of Friday's price range. It might not make it, but I'm hoping.
Morning, everyone.
4845 is 50% retracement from Friday, and for past couple hours it's showing pretty strong support.
BUT
We've got two hangmen on 15M. I hope they can push it down.
  • #10,965
  • May 4, 2009 7:58am May 4, 2009 7:58am
Good morning mates:

An overview at a bigger 1 day TF.
- A possible head and shoulders pattern
- Also a resistance around 4978 tested four times since middle january & still function
Attached Image (click to enlarge)
Click to Enlarge Name: 04-05-2009 07-47-37 a.m..jpg Size: 172 KB
"Even A Thousand Mile Journey Begins with the First Step"
  • #10,966
  • May 4, 2009 8:16am May 4, 2009 8:16am
I am seeing that H&S on the daily also!
Attached Image (click to enlarge)
Click to Enlarge Name: may409.JPG Size: 139 KB
  • #10,967
  • May 4, 2009 8:25am May 4, 2009 8:25am
We may well see a H&S, but right now the H4 and H1 are bullish.
Hi, my name is Barry and you can keep your doctor...
  • #10,968
  • Edited 8:54am May 4, 2009 8:36am | Edited 8:54am
Quoting analizer
Good morning mates:

An overview at a bigger 1 day TF.
- A possible head and shoulders pattern
- Also a resistance around 4978 tested four times since middle january & still function
im looking for a confirmation on the 1hr....then the neckline to break then i will play that scenero..good spot
diverence there also.....if that fails 1.51 area on the cards

based on weekly i see 1.51..risky trade but i think i have good odds
Attached Image (click to enlarge)
Click to Enlarge Name: usdchf.gif Size: 29 KB
  • #10,969
  • May 4, 2009 8:55am May 4, 2009 8:55am
Good morning....

Did anyone buy near the h1 62ema...?
Patience + Discipline - Greed = Success
  • #10,970
  • May 4, 2009 8:56am May 4, 2009 8:56am
Quoting Infinity
Good morning....

Did anyone buy near the h1 62ema...?
Yes!
  • #10,971
  • May 4, 2009 8:59am May 4, 2009 8:59am
Quoting Infinity
Good morning....

Did anyone buy near the h1 62ema...?
tried too but got stopped out
  • #10,972
  • May 4, 2009 9:02am May 4, 2009 9:02am
Quoting nAVIN2007
tried too but got stopped out
Me Too...Then hesitated to re-enter..
  • #10,973
  • May 4, 2009 9:04am May 4, 2009 9:04am
Quoting eohater
[/center]

Jigsaw, it's nice to see you....
Agreed especially with the stuff I put in bold.

Thanks for the welcome eo (Or as you say around here. . . Brother ! )

Yeah the markets have been kind, but because of my "poor university student" status I, however, am not exactly marching an army of soldiers up and down the charts if you get me .

Thanks for the welcome.

Quoting Infinity
Good morning....

Did anyone buy near the h1 62ema...?


Currently long with around a 22 pip SL.

DAMN JUST EXPLODED UPWARD over on my other screen as I type this,

Heres the (now old) chart lol .
Attached Image (click to enlarge)
Click to Enlarge Name: 62emachart.png Size: 17 KB
  • #10,974
  • May 4, 2009 9:04am May 4, 2009 9:04am
Quoting nAVIN2007
tried too but got stopped out
Your stop should have been below 4826 Nav...
Patience + Discipline - Greed = Success
  • #10,975
  • May 4, 2009 9:05am May 4, 2009 9:05am
Quoting riggster
Me Too...Then hesitated to re-enter..
market has a habit of shaking me off!! its crazy but im learning how to play with this biatch!
4hr gave me encouragement (was very strong, pin on weekly playing out!)
Attached Image (click to enlarge)
Click to Enlarge Name: trade.gif Size: 26 KB
  • #10,976
  • May 4, 2009 9:06am May 4, 2009 9:06am
Quoting Infinity
Your stop should have been below 4826 Nav...
yes bro ...greed and trying to keep losses small and wins large
  • #10,977
  • May 4, 2009 9:09am May 4, 2009 9:09am
Quoting nAVIN2007
yes bro ...greed and trying to keep losses small and wins large
A fine strategy

Hope your trading is going well for you lately Nav

Next time !

EDIT - I just got stopped out of it below the .4950.
  • #10,978
  • May 4, 2009 9:10am May 4, 2009 9:10am
Quoting Jigsaw
Agreed especially with the stuff I put in bold.

Thanks for the welcome eo (Or as you say around here. . . Brother ! )

Yeah the markets have been kind, but because of my "poor university student" status I, however, am not exactly marching an army of soldiers up and down the charts if you get me .

Thanks for the welcome.





Currently long with around a 22 pip SL.

DAMN JUST EXPLODED UPWARD over on my other screen as I type this,

Heres the (now old) chart lol .
yo jig,
was yur fantastic analysis of 62ema..its incredible huh?
  • #10,979
  • May 4, 2009 9:10am May 4, 2009 9:10am
Quoting Infinity
Your stop should have been below 4826 Nav...
Hi infinity, do you have a set sl rule for the 62 bounce?
  • #10,980
  • May 4, 2009 9:12am May 4, 2009 9:12am
Quoting PippiNole
Yes!
Excellent!
Quoting Jigsaw


Currently long with around a 22 pip SL.

DAMN JUST EXPLODED UPWARD over on my other screen as I type this,

Heres the (now old) chart lol .
Good job!

I went long myself at 4850 and 4842 I had stop below 4826 I just took some profit at 4950 and covered... The pa was pretty clear on h1 and m15...
Patience + Discipline - Greed = Success
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