Trade what you see NOT what you expect | Page 622 | Forex Factory

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Trade what you see NOT what you expect

  • #12,421
  • May 14, 2009 3:21pm May 14, 2009 3:21pm
My 4HR......

Closing under my trendline and the weekly opening price. But like Infinity said, the time of the day stinks.

That's why I keep wanting to learn....to get the system down, please apply your thoughts bro...

HOLLA
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  • #12,422
  • May 14, 2009 3:23pm May 14, 2009 3:23pm
Quoting Turtle
My 4HR......

Closing under my trendline and the weekly opening price. But like Infinity said, the time of the day stinks.

That's why I keep wanting to learn....to get the system down, please apply your thoughts bro...

HOLLA
yes the acive sessions gives you a chance to make a trade and exit ....

baz
  • #12,423
  • May 14, 2009 3:23pm May 14, 2009 3:23pm
Quoting baz
the US traders have hit the Bars and cafes Now.....so will be quite until asian open....whenever that is....as i can never figure it out.!!!

baz
I am sure you were only joking but here is a present for you
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File Type: zip forex_market_hours_monitor_v2.12.zip   466 KB | 317 downloads
  • #12,424
  • May 14, 2009 3:25pm May 14, 2009 3:25pm
Quoting baz
yes the acive sessions gives you a chance to make a trade and exit ....

baz
Thanks Baz, that's why I have been in demo in the afternoons so I can practice.

HOLLA
  • #12,425
  • May 14, 2009 3:26pm May 14, 2009 3:26pm
Quoting davids
I am sure you were only joking but here is a present for you
yes...as both of us are normally sleeping thru it....

thanks for the time zones Davids anyway
  • #12,426
  • May 14, 2009 3:26pm May 14, 2009 3:26pm
Quoting davids
EO

I see that trade from 1.5242 is struggling just a bit
It's the volume bro! I'm not worried. I'm covered at +2 and I'm leaving it alone. I might get stopped out, but I'll look again in 2hs to 3hs for a new seat if I'm closed out. I'm targeting 519 for my next TP since I've already booked some profit on the move.
Just digging in the trenches like everyone else!
  • #12,427
  • May 14, 2009 3:28pm May 14, 2009 3:28pm
[quote=baz;2735327]yes...as both of us are normally sleeping thru it....

thanks for the time zones Davids anyway[/quo

No worries bro
  • #12,428
  • May 14, 2009 3:28pm May 14, 2009 3:28pm
Quoting Turtle
Thanks Baz, that's why I have been in demo in the afternoons so I can practice.

HOLLA
The way i see the Methods presented here,the most success will come if you get on the right side of the market after News release......

baz
  • #12,429
  • May 14, 2009 3:29pm May 14, 2009 3:29pm
Enjoy your evening people I am out here see you tomorrow

Trade Safe
  • #12,430
  • May 14, 2009 3:37pm May 14, 2009 3:37pm
Quoting eohater
Thanks for sharing Ez! Their system of trading is similar to ours if you will but totally different. I don't know if you use their 4xMadeEasy software, but what do you think the lines are on their charts? Their nothing more than ma's with the cross and angle and aligator mouth and the whole bit. But your right, they do not show anything about PA. PA is show in the candles my friend. The ma's are only a piece of the puzzle.
Yep, that is the software I use. You sound familiar with it. When compared to the custom information available on a candle chart with tools, it is not match. But then, there is always a market for those types of people who do not wish to know (or cannot comprehend) anything more than the most simplistic data and programs... An ass for every seat, as it were.

Quick question: you mentioned price level at 516x as a possible reversal area for a long... looking at my charts, I do see the two support areas of price for it, and I also see that the 62 ema could play a part in that reversal level as well.... but I'm curious, what did you use to base that forecast on?
  • #12,431
  • May 14, 2009 5:03pm May 14, 2009 5:03pm
Quoting Turtle
Hitting the 61.8 of the move.....

HOLLA
Fibs?....cool!
Hi, my name is Barry and you can keep your doctor...
  • #12,432
  • May 14, 2009 6:04pm May 14, 2009 6:04pm
What's up gang.

So what do have on the agenda tonight???

HOLLA
  • #12,433
  • May 14, 2009 6:07pm May 14, 2009 6:07pm
Quoting Turtle
What's up gang.

So what do have on the agenda tonight???

HOLLA
E/J looking short off the 1hr pin and 61.8 fib I don't feel it will go far though.. seems really strong for up.

But we will see and just follow along

plus it is on the upside of all the ma's
Good Trading To All ; Ken Lee
  • #12,434
  • May 14, 2009 6:11pm May 14, 2009 6:11pm
Quoting KENNETH lEE
E/J looking short off the 1hr pin and 61.8 fib I don't feel it will go far though.. seems really strong for up.

But we will see and just follow along

plus it is on the upside of all the ma's
Yeah, it's seems volume was pretty low today, wonder if this would cause a break out or will traders hold positions over the weekend.

HOLLA
  • #12,435
  • May 14, 2009 6:13pm May 14, 2009 6:13pm
Quoting Turtle
Yeah, it's seems volume was pretty low today, wonder if this would cause a break out or will traders hold positions over the weekend.

HOLLA

We have a bit of news tomorrow maybe that will lead the way.
Good Trading To All ; Ken Lee
  • #12,436
  • May 14, 2009 6:16pm May 14, 2009 6:16pm
Quoting KENNETH lEE
We have a bit of news tomorrow maybe that will lead the way.

I'm just waiting for the signal........

HOLLA
  • #12,437
  • May 14, 2009 7:29pm May 14, 2009 7:29pm
Moving like a snail tonight....

Nobody wants to be the first to pull the trigger.

HOLLA
  • #12,438
  • May 14, 2009 7:33pm May 14, 2009 7:33pm
Quoting Turtle
Moving like a snail tonight....

Nobody wants to be the first to pull the trigger.

HOLLA

Maybe everyone in Japan called in sick... If it doesn't do something soon I might just have to get a little extra sleep. There was a long off the 21 on the e/j I didn't take it I did get a little short off that 1 hr. very little though..
Good Trading To All ; Ken Lee
  • #12,439
  • May 14, 2009 7:36pm May 14, 2009 7:36pm
Quoting KENNETH lEE
Maybe everyone in Japan called in sick... If it doesn't do something soon I might just have to get a little extra sleep. There was a long off the 21 on the e/j I didn't take it I did get a little short off that 1 hr. very little though..
I know the feeling, I'm been watching sports, but if something happens I can at least see which direction we are heading for a possible setup in the US session.

HOLLA
  • #12,440
  • May 14, 2009 7:40pm May 14, 2009 7:40pm
You all have a good evening .. Take care... Ken
Good Trading To All ; Ken Lee
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