Trade what you see NOT what you expect | Page 639 | Forex Factory

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Trade what you see NOT what you expect

  • #12,761
  • May 19, 2009 8:15pm May 19, 2009 8:15pm
Quoting Turtle
Which chart?????

HOLLA
Sorry I need to re-word that statement. On the 15 min EJ chart when price came down through the ma's the next candle retested the ma's and then the trade carried on down for 60 pips. Potential entry at 130.95.
  • #12,762
  • May 19, 2009 8:17pm May 19, 2009 8:17pm
Quoting Turtle
Which chart?????

HOLLA
this one
Attached Image (click to enlarge)
Click to Enlarge Name: 1a Misc EJ.JPG Size: 103 KB
Good Trading To All ; Ken Lee
  • #12,763
  • May 19, 2009 8:20pm May 19, 2009 8:20pm
I took a long at 130.40. Look at the candles to the left on the 1hr.
  • #12,764
  • May 19, 2009 8:21pm May 19, 2009 8:21pm
Quoting PippiNole
Sorry I need to re-word that statement. On the 15 min EJ chart when price came down through the ma's the next candle retested the ma's and then the trade carried on down for 60 pips. Potential entry at 130.95.
No problem, I noticed it after Ken's post. Those the ones I have been looking for since only using the 35/50 trade.

Went long on EJ @ 130.47 see if the mistress will go back and re-test.

HOLLA
  • #12,765
  • May 19, 2009 8:22pm May 19, 2009 8:22pm
20 pips and covered.
  • #12,766
  • May 19, 2009 8:24pm May 19, 2009 8:24pm
Quoting Turtle
No problem, I noticed it after Ken's post. Those the ones I have been looking for since only using the 35/50 trade.

Went long on EJ @ 130.47 see if the mistress will go back and re-test.

HOLLA
Took 2/3 off at +19 and covered.

HOLLA
  • #12,767
  • May 19, 2009 8:25pm May 19, 2009 8:25pm
Quoting Turtle
No problem, I noticed it after Ken's post. Those the ones I have been looking for since only using the 35/50 trade.

Went long on EJ @ 130.47 see if the mistress will go back and re-test.

HOLLA
your cable trade is doing well....
Good Trading To All ; Ken Lee
  • #12,768
  • May 19, 2009 8:29pm May 19, 2009 8:29pm
Quoting Turtle
Took 2/3 off at +19 and covered.

HOLLA
Good job!
  • #12,769
  • May 19, 2009 8:29pm May 19, 2009 8:29pm
Quoting KENNETH lEE
your cable trade is doing well....
Actaully I have took profit and covered and she got me on the spike down.

My goal during demo time is to work on better entries so that once I cover, I won't get stopped out. :nerd:

HOLLA
  • #12,770
  • May 19, 2009 8:32pm May 19, 2009 8:32pm
Quoting PippiNole
Good job!
You too...

Missed my entry point, wanted to get in around 130.38, this is where I heard EO say that sometimes he gets in when price is within 10 pips of EMA.

HOLLA
  • #12,771
  • May 19, 2009 8:34pm May 19, 2009 8:34pm
Well guys and gals have a good evening I have ahd a couple of decent trades I will leave with that.. See you all in the AM..
Good Trading To All ; Ken Lee
  • #12,772
  • May 19, 2009 8:37pm May 19, 2009 8:37pm
Quoting Turtle
You too...

Missed my entry point, wanted to get in around 130.38, this is where I heard EO say that sometimes he gets in when price is within 10 pips of EMA.

HOLLA
I was watching PA on the 15 min and also the candles to the left on the 1hr with the long wicks in the 130.40-130.50 area.
  • #12,773
  • May 19, 2009 8:37pm May 19, 2009 8:37pm
Took a short on GU @ 5491....:nerd:

EJ took me out.

HOLLA
  • #12,774
  • May 19, 2009 8:38pm May 19, 2009 8:38pm
Quoting KENNETH lEE
Well guys and gals have a good evening I have ahd a couple of decent trades I will leave with that.. See you all in the AM..
Catch ya in the US session.

Watching this last trade. :nerd:

HOLLA
  • #12,775
  • May 19, 2009 8:39pm May 19, 2009 8:39pm
Quoting KENNETH lEE
Well guys and gals have a good evening I have ahd a couple of decent trades I will leave with that.. See you all in the AM..
Have a good night. I'm not far from calling it a night myself.
  • #12,776
  • May 19, 2009 8:42pm May 19, 2009 8:42pm
Ken thanks for posting that EJ chart.
  • #12,777
  • May 19, 2009 8:45pm May 19, 2009 8:45pm
Quoting Turtle
Took a short on GU @ 5491....:nerd:

EJ took me out.

HOLLA
Took profit and covered.....:nerd:

Catch ya'll later.

HOLLA
  • #12,778
  • May 19, 2009 8:48pm May 19, 2009 8:48pm
Quoting Turtle
Took profit and covered.....:nerd:

Catch ya'll later.

HOLLA
See ya tomorrow.
  • #12,779
  • May 20, 2009 6:47am May 20, 2009 6:47am
Morning, fellows

Did anybody catch this spike?

Unfortunately, I missed it for couple min.
But it was the solid long on 15M:
First, hammer. And second, 35/50 cross/reverse.

OK, let's wait for another setup.
  • #12,780
  • May 20, 2009 7:09am May 20, 2009 7:09am
Quoting Komissar
Morning, fellows

Did anybody catch this spike?

Unfortunately, I missed it for couple min.
But it was the solid long on 15M:
First, hammer. And second, 35/50 cross/reverse.

OK, let's wait for another setup.
I missed it also but it would have been a good trade..
Attached Image (click to enlarge)
Click to Enlarge Name: 1b Misc GBP.JPG Size: 82 KB
Good Trading To All ; Ken Lee
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