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Trade what you see NOT what you expect

  • #10,981
  • May 4, 2009 9:13am May 4, 2009 9:13am
Quoting Jigsaw
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.
last month was great bro....its j16 for me all the way, today isnt going fantastic but thats just because im trying to incorporate trendline with j16 style of trading

im finding trendlines to be very troublesome to say the least
  • #10,982
  • May 4, 2009 9:13am May 4, 2009 9:13am
Hey Infinity or anyone else, are you cheating today? The mistress has been fun also.
  • #10,983
  • May 4, 2009 9:14am May 4, 2009 9:14am
Quoting Infinity
Excellent!

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...
good job bro!
  • #10,984
  • May 4, 2009 9:22am May 4, 2009 9:22am
Quoting Infinity
Excellent!

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...
Nice !

I thought the .4950 would have acted as resistance and support, im stopped out of everything now but hey, I wont complain

Hope it goes to the moon

Quoting nAVIN2007
yo jig,
.its incredible huh?
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  • #10,985
  • May 4, 2009 9:27am May 4, 2009 9:27am
Quoting riggster
Hi infinity, do you have a set sl rule for the 62 bounce?
No... I watch the pa around it.... also watch prior pa to determine support/resistance...
Attached Image
Patience + Discipline - Greed = Success
  • #10,986
  • May 4, 2009 9:29am May 4, 2009 9:29am
Quoting PippiNole
Hey Infinity or anyone else, are you cheating today? The mistress has been fun also.
I getting some good stuff from gu... not cheating...yet...
Patience + Discipline - Greed = Success
  • #10,987
  • May 4, 2009 9:31am May 4, 2009 9:31am
Quoting Jigsaw
Nice !

I thought the .4950 would have acted as resistance and support, im stopped out of everything now but hey, I wont complain

Hope it goes to the moon



this is what im seeing...also high of week broken...so it has possiblities
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  • #10,988
  • May 4, 2009 9:31am May 4, 2009 9:31am
Quoting nAVIN2007
last month was great bro....its j16 for me all the way, today isnt going fantastic but thats just because im trying to incorporate trendline with j16 style of trading

im finding trendlines to be very troublesome to say the least
Glad to hear it bro,

Cant beat the J16, I found trendlines horrible to trade as well, so now I rarely use them unless they are DEAD obvious. I just couldnt find a way to "narrow them down" and I always ended up drawing so many that "price was certain to find support or resistance SOMEWHERE" just because I had so many lines on my charts lol.

I simplified my trading down to just horizontal lines now, and it's working good. Gotta brush up on the other setups in this thread though , adding a few EMA + Price action setups looks to be profitable.


Quoting Infinity
No... I watch the pa around it.... also watch prior pa to determine support/resistance...
Quality analysis. Good job on the stop loss placement there.


This thread is just a better Cable Update thread, its just like the Cable Update, without the idiots

Jig
  • #10,989
  • May 4, 2009 9:32am May 4, 2009 9:32am
Quoting Infinity
No... I watch the pa around it.... also watch prior pa to determine support/resistance...
Ok thanks mate, im sure the more i play this set up the more i will learn about how she works..
Waited patiently for her but sl at 840

Cheers man.
  • #10,990
  • May 4, 2009 9:37am May 4, 2009 9:37am
Quoting Jigsaw
Nice !

I thought the .4950 would have acted as resistance and support, im stopped out of everything now but hey, I wont complain

Hope it goes to the moon



Good job bro! profit is profit.... I took a good chunk of profit at that price too but I still have some soldiers marching and covered...would love to see 5050
Patience + Discipline - Greed = Success
  • #10,991
  • May 4, 2009 9:39am May 4, 2009 9:39am
Quoting Jigsaw
Glad to hear it bro,



Quality analysis. Good job on the stop loss placement there.


This thread is just a better Cable Update thread, its just like the Cable Update, without the idiots

Jig
thanks bro!..
keep up the good work!!

(this was so not the place to go long..i think this is the difference demo can make, u dont quite feel the pain of the losses)
  • #10,992
  • May 4, 2009 9:39am May 4, 2009 9:39am
Okay guys I'm off to celebrate my birthday with a small vault load of pips in the bank. I'll check back later. Good Pippin everyone!
  • #10,993
  • May 4, 2009 9:41am May 4, 2009 9:41am
Quoting PippiNole
Okay guys I'm off to celebrate my birthday with a small vault load of pips in the bank. I'll check back later. Good Pippin everyone!
Happy b,day dude...dont drink all ye pips
  • #10,994
  • May 4, 2009 9:45am May 4, 2009 9:45am
Quoting Infinity
Good morning....

Did anyone buy near the h1 62ema...?
Good morning....long @ 1.4848....tp +50....and was out to work on my other job (fixing a rental house)....BEST WISHES/GREEN PIPS TO ALL today..
  • #10,995
  • May 4, 2009 9:46am May 4, 2009 9:46am
Quoting PippiNole
Okay guys I'm off to celebrate my birthday with a small vault load of pips in the bank. I'll check back later. Good Pippin everyone!
Congratulations
"Even A Thousand Mile Journey Begins with the First Step"
  • #10,996
  • May 4, 2009 9:46am May 4, 2009 9:46am
Quoting PippiNole
Okay guys I'm off to celebrate my birthday with a small vault load of pips in the bank. I'll check back later. Good Pippin everyone!
enjoy yur birthday bro!!..
  • #10,997
  • May 4, 2009 9:51am May 4, 2009 9:51am
Quoting Infinity
Good morning....

Did anyone buy near the h1 62ema...?
I was long at 4850 closed a bit early pocket some at +70 some at +80, didn't dare to hold a bit longer could make +120 pips
Many happy pips returned ...
  • #10,998
  • Edited 10:31am May 4, 2009 9:56am | Edited 10:31am
Is anyone spotting a possible inverted shampoo on the 1H (head just finished forming)....if it plays out it would send us to 1.5080-1.5100...any thoughts?

Sorry...I think it is better seen on the 15min....

ps.....for the shoulder to build we would see it go down to 4900-4920 area and back up again....but WHO KNOWS !!!!
  • #10,999
  • May 4, 2009 9:57am May 4, 2009 9:57am
Is it a possible scenario?
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  • #11,000
  • May 4, 2009 10:13am May 4, 2009 10:13am
I believe we're about due for a major retracement.
Hi, my name is Barry and you can keep your doctor...
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