Trade what you see NOT what you expect | Page 554 | 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 And Not What You Hope 0 replies

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Trade what you see NOT what you expect

  • #11,061
  • May 4, 2009 5:08pm May 4, 2009 5:08pm
fxmexican

i remember you. you used to post under the nickname "codemuncher"
and you were banned
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #11,062
  • May 4, 2009 6:34pm May 4, 2009 6:34pm
Quoting cisco
Hell of a job, congrats...

Would you mind sharing why you decided to close most of your trade at 5045? I'm always trying to learn more.
Thanks! I was always looking for 5050.. That's where I expected some sellers to be as it was previously a major area...It also lines up the the daily tl that we have been retesting and failing to break over the past weeks..I really thought it would hit 5050 but I heard a little voice in my head telling me to take profit at 45...
Patience + Discipline - Greed = Success
  • #11,063
  • May 4, 2009 7:12pm May 4, 2009 7:12pm
Morning all I am short from 1.5032
  • #11,064
  • May 4, 2009 7:13pm May 4, 2009 7:13pm
Quoting Infinity
Thanks! I was always looking for 5050.. That's where I expected some sellers to be as it was previously a major area...It also lines up the the daily tl that we have been retesting and failing to break over the past weeks..I really thought it would hit 5050 but I heard a little voice in my head telling me to take profit at 45...
Nice call infinity
  • #11,065
  • May 4, 2009 11:25pm May 4, 2009 11:25pm
Quoting FXMexican
Time to exit part of position because semafor appeared.

Attachment
What's a semafor?
  • #11,066
  • May 4, 2009 11:51pm May 4, 2009 11:51pm
Quoting daffy
What's a semafor?
It is a INDICATOR,BUT it REPAINTS ........

baz
  • #11,067
  • May 4, 2009 11:56pm May 4, 2009 11:56pm
Quoting baz
It is a INDICATOR,BUT it REPAINTS ........

baz
ah, so I sub the word indicator for semafor, would that be about right? or is it the name of the indicator?
  • #11,068
  • May 5, 2009 12:00am May 5, 2009 12:00am
Quoting daffy
ah, so I sub the word indicator for semafor, would that be about right? or is it the name of the indicator?
Its the name of the Indicator
Here is another TRADER using it,BE WARNED...it REPAINTS a LOT...

http://www.forexfactory.com/showthread.php?t=166658

baz
  • #11,069
  • May 5, 2009 12:05am May 5, 2009 12:05am
Quoting baz
Its the name of the Indicator
Here is another TRADER using it,BE WARNED...it REPAINTS a LOT...

http://www.forexfactory.com/showthread.php?t=166658

baz
Thank baz. I was mostly interested in knowing what it was, more than using it.
  • #11,070
  • May 5, 2009 12:07am May 5, 2009 12:07am
Quoting daffy
Thank baz. I was mostly interested in knowing what it was, more than using it.
No Problem .YOu have the best method here regards INTRADAY trading,as shared by EOH and Infinity....

baz
  • #11,071
  • May 5, 2009 12:24am May 5, 2009 12:24am
sill in from yesterday..
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  • #11,072
  • May 5, 2009 12:43am May 5, 2009 12:43am
Quoting Infinity
I closed out majority of my long postion at 5045. The small remainder is set at + 140
Outstanding trading bro!
Just digging in the trenches like everyone else!
  • #11,073
  • May 5, 2009 12:59am May 5, 2009 12:59am
Quoting eohater
Outstanding trading bro!
ditto
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  • #11,074
  • May 5, 2009 1:00am May 5, 2009 1:00am
Quoting nAVIN2007
sill in from yesterday..
Hello.
Great call.
Question, on the daily, do you think PA is forming the head or would it need to go north of 5050? Thanks
  • #11,075
  • May 5, 2009 1:03am May 5, 2009 1:03am
Quoting nAVIN2007
sill in from yesterday..
I'm still marching north with you right now bro. I haven't had the opportunity to intraday trade her today, otherwise, I would have went short at 5060 which is near the shorting area I called out during the end of the US Session. I can still see this going higher, but I still see 5070-512x as a hard area for the bulls to break through right now.

Good job on being long as well!
Just digging in the trenches like everyone else!
  • #11,076
  • Edited 1:17am May 5, 2009 1:05am | Edited 1:17am
Quoting t1259sw
Hello.
Great call.
Question, on the daily, do you think PA is forming the head or would it need to go north of 5050? Thanks
thanks man!

that support level that i have (post previous) if that break..im out of this long..anything can happen but i still favor long.....dailly is bullish, weekly as well.....and its a bout time a descent retrace on monthly occurr...but anything can and will happen its all speculation bro

sorry i didnt really answer yur question......u have to take into account larger time frames but on dailly the right shoulder is larger than the left...it should be less, that would confirm that the trend is weakening....hope that makes sense
  • #11,077
  • May 5, 2009 1:08am May 5, 2009 1:08am
Quoting eohater
I'm still marching north with you right now bro. I haven't had the opportunity to intraday trade her today, otherwise, I would have went short at 5060 which is near the shorting area I called out during the end of the US Session. I can still see this going higher, but I still see 5070-512x as a hard area for the bulls to break through right now.

Good job on being long as well!
thanks bro ...i agree we in the thread to help each other out and if thats happening then its all good...many pips to us!
  • #11,078
  • May 5, 2009 1:13am May 5, 2009 1:13am
I am waiting for now, a bit confused, it almost at last month's high, but it is above 61.8% of up trend channel. It might go very far up north to reach the resistance of the channel 53xx or might fall back down when reach about last month's high 5070.

No trade for me ATM.
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Many happy pips returned ...
  • #11,079
  • May 5, 2009 1:36am May 5, 2009 1:36am
[quote=eohater;2713506]I'm still marching north with you right now bro. I haven't had the opportunity to intraday trade her today.

Nice to meet u here Eo. I enjoy with the trade since knowing way
Trade What You See
GELORE
  • #11,080
  • May 5, 2009 1:49am May 5, 2009 1:49am
Good Afternoon all, hows everyone going?
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