Trade what you see NOT what you expect | Page 626 | Forex Factory

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Trade what you see NOT what you expect

  • #12,501
  • May 15, 2009 8:46am May 15, 2009 8:46am
We could possibly form a pin on the H1. Just have to wait and see.
  • #12,502
  • May 15, 2009 8:48am May 15, 2009 8:48am
Quoting eohater
New shorts on EJ from the 35/50 cross and reverse need to be careful.
Ok, took in account, SL at +5
"Even A Thousand Mile Journey Begins with the First Step"
  • #12,503
  • May 15, 2009 8:48am May 15, 2009 8:48am
Quoting eohater
I have a crystal ball! I called the 516x area for a long, which I did take, because of the prior days opening price wast 5155. I didn't call it lower because yesterdays daily candle was a bullish candle. Also, I just booked 100 pips on that move and the rest is now at +25.
Excellent call bro!
Patience + Discipline - Greed = Success
  • #12,504
  • May 15, 2009 8:50am May 15, 2009 8:50am
SL hitted with +5 ... not to much, but greens are greens
"Even A Thousand Mile Journey Begins with the First Step"
  • #12,505
  • May 15, 2009 8:51am May 15, 2009 8:51am
Quoting eohater
New shorts on EJ from the 35/50 cross and reverse need to be careful.
EO, any chance of a quick explanation as to why you were cautious on shorting EJ on that cross?
  • #12,506
  • May 15, 2009 8:51am May 15, 2009 8:51am
Quoting ezodisy
Hussin will give you a whole new understanding of candles well beyond hammers and pins. It's an amazing force and addition to your tradin but takes a good deal of time to incorporate. Also he focuses largely on LFX so you might need to add the Liteforex programme to your trading (I find it helpful on larger time frames, anything beyond 1h, mainly daily though). It's worth the effort. Hopefully he returns soon because he's dearly missed!
Very well put! Hussin is truely as master in the art of candles and their meaning. Everyone needs to remember he trades higher time frames. I recommend everyone to take the time to read his thread. Don't be afraid to ask questions, just don't grab ass on his thread please. This is my wish!
Just digging in the trenches like everyone else!
  • #12,507
  • May 15, 2009 8:56am May 15, 2009 8:56am
Quoting daffy
EO, any chance of a quick explanation as to why you were cautious on shorting EJ on that cross?
Bro, I'm short from the top of the mountain on EJ. I posted a week before we got the price what price I was looking for to short and I hope many of you took it. If so, you would be up almost 500 pips and could have closed for 600 at 128.7.

The short on the cross and reverse was a good setup to take, but we have to remember our higher time frames. He h1 is extremely bullish. It's been showing buying interest for the last 4hours. The last h4 closed out extremely bearish with a small wick and a new low. Buyers were waiting for that close to send it back north.
Just digging in the trenches like everyone else!
  • #12,508
  • May 15, 2009 8:57am May 15, 2009 8:57am
Quoting Infinity
Excellent call bro!
Thanks bro!

You slammin the pippage today? I bet you took the long at 5150 didn't you?
Just digging in the trenches like everyone else!
  • #12,509
  • May 15, 2009 8:59am May 15, 2009 8:59am
Quoting eohater
Thanks bro!

You slammin the pippage today? I bet you took the long at 5150 didn't you?
To the pip bro!
Patience + Discipline - Greed = Success
  • #12,510
  • May 15, 2009 9:00am May 15, 2009 9:00am
Quoting eohater
Bro, I'm short from the top of the mountain on EJ....
Gotcha, thanks!
  • #12,511
  • May 15, 2009 9:00am May 15, 2009 9:00am
Quoting analizer
SL hitted with +5 ... not to much, but greens are greens
Your right, green is green. Now, on the 35/50 cross and reverse, you want to get on the other side of the 35 ASAP, preferrably during your entry candle and close down there. Book some profit and cover the rest. Notice the buyers just kept buying when she hit the 35? Also, look at the steep trendline from the bottom on the 15m chart. She's holding true to that as well. I'm not intraday trading her right now because of my swing position that is going to probably turn into a position trade depending upon how our daily closes with EJ..
Just digging in the trenches like everyone else!
  • #12,512
  • May 15, 2009 9:02am May 15, 2009 9:02am
Quoting Infinity
To the pip bro!
Excellent job bro! Most excellent!
Just digging in the trenches like everyone else!
  • #12,513
  • May 15, 2009 9:08am May 15, 2009 9:08am
Gentlemen good morning. I had stepped away from the charts for a few but I see some major green pippage has been acquired. I had a nice little ride with the mistress last night. The Mrs. joined in for a little while also.
  • #12,514
  • May 15, 2009 9:11am May 15, 2009 9:11am
Quoting eohater
Excellent job bro! Most excellent!
Thanks bro! I already closed out most of it at 5275... I am looking to add maybe at the m15 50s..
Patience + Discipline - Greed = Success
  • #12,515
  • May 15, 2009 9:12am May 15, 2009 9:12am
Good job to all who have been making pips.

I'm just waiting for my setup. :nerd:

HOLLA
  • #12,516
  • May 15, 2009 9:13am May 15, 2009 9:13am
Quoting eohater
Your right, green is green. Now, on the 35/50 cross and reverse, you want to get on the other side of the 35 ASAP, preferrably during your entry candle and close down there. Book some profit and cover the rest. Notice the buyers just kept buying when she hit the 35? Also, look at the steep trendline from the bottom on the 15m chart. She's holding true to that as well. I'm not intraday trading her right now because of my swing position that is going to probably turn into a position trade depending upon how our daily closes with EJ..
Thanks for your advice bro ... I took again the train based on 50 rebound.. but this time 50 SMA serve for movile resistance (as EO outlined, 50 SMA can be useful)... and also 61.8 rebound as initial SL, now a winner trade anyway with SL +15
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"Even A Thousand Mile Journey Begins with the First Step"
  • #12,517
  • May 15, 2009 9:16am May 15, 2009 9:16am
Quoting analizer
Thanks for your advice bro ... I took again the train based on 50 rebound.. but this time 50 SMA serve for movile resistance (as EO outlined, 50 SMA can be useful)... and also 61.8 rebound as initial SL, now a winner trade anyway with SL +15
Good trade we are on the same train.
  • #12,518
  • May 15, 2009 9:20am May 15, 2009 9:20am
Quoting Infinity
Thanks bro! I already closed out most of it at 5275... I am looking to add maybe at the m15 50s..
Good job! I took most off myself at 5260. I'm watching the upper trendline on the 15m to possible add myself.
Just digging in the trenches like everyone else!
  • #12,519
  • May 15, 2009 9:21am May 15, 2009 9:21am
Quoting PippiNole
Gentlemen good morning. I had stepped away from the charts for a few but I see some major green pippage has been acquired. I had a nice little ride with the mistress last night. The Mrs. joined in for a little while also.
Morning bro! Great job as usual!
Quoting Turtle
Good job to all who have been making pips.

I'm just waiting for my setup. :nerd:

HOLLA
Morning bro! I'll just be looking for another 1h 40m.... anything after that, I'm not interested....
Patience + Discipline - Greed = Success
  • #12,520
  • May 15, 2009 9:25am May 15, 2009 9:25am
I added to mine at 5130.
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Just digging in the trenches like everyone else!
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