Trade what you see NOT what you expect | Page 645 | Forex Factory

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Trade what you see NOT what you expect

  • #12,881
  • May 20, 2009 5:28pm May 20, 2009 5:28pm
Quoting Infinity
When you guys get a chance, please post your daily 200sma values.
Mine is at 5580 as I type.

bizarrely mine is at 1.5038??

check out the chart,
Attached Image (click to enlarge)
Click to Enlarge Name: 200 sma daily chart.GIF Size: 32 KB
Trading is 80% Emotional, 20% Technical
  • #12,882
  • May 20, 2009 5:35pm May 20, 2009 5:35pm
Quoting fx local
bizarrely mine is at 1.5038??

check out the chart,
Mine is at 1.5038
  • #12,883
  • May 20, 2009 6:03pm May 20, 2009 6:03pm
1.5050

FxPro
"If it bleeds ... we can kill it"
  • #12,884
  • May 20, 2009 6:17pm May 20, 2009 6:17pm
Quoting fx local
solid 4 hour close on last candle on cable not looking great for any sellers out there, 1.60 in next few days seems a absolute certainty at this rate!! could well squeeze to 1.65..... lets see...

Euro looking more interesting on 4hour thou, anyone notice the big pin??
i see more strength in the euro in the up trend, cable might still have big retracements down
When life gives you lemons, make lemonade
  • #12,885
  • May 20, 2009 6:26pm May 20, 2009 6:26pm
Anybody ever seen a candle formation like this?????

Looks like the double wednesday formation
Attached Image (click to enlarge)
Click to Enlarge Name: may2009.JPG Size: 105 KB
  • #12,886
  • May 20, 2009 6:40pm May 20, 2009 6:40pm
eur/jpy news 6 MIN
Good Trading To All ; Ken Lee
  • #12,887
  • May 20, 2009 6:55pm May 20, 2009 6:55pm
Well that was a lot of nothing so far.. Pippin you short from the 50 ema?

I took a short from the retest off the 5 ema but closed pre news. now flat.
Good Trading To All ; Ken Lee
  • #12,888
  • May 20, 2009 7:04pm May 20, 2009 7:04pm
Quoting KENNETH lEE
Well that was a lot of nothing so far.. Pippin you short from the 50 ema?

I took a short from the retest off the 5 ema but closed pre news. now flat.
How did you know? I took off 50 and I'm +2. I think I'm going to make it an early night but will watch this for a little while.
  • #12,889
  • May 20, 2009 7:07pm May 20, 2009 7:07pm
That news was bad for the Yen but it hasn't caused much of a reaction either way.
  • #12,890
  • May 20, 2009 7:11pm May 20, 2009 7:11pm
Took some more off at 130.00.
  • #12,891
  • May 20, 2009 7:18pm May 20, 2009 7:18pm
Quoting PippiNole
Took some more off at 130.00.
I closed at 130.00 also I re-entered 130.38 off the 5 ema.. Great job.. Yea I saw the 50 ema a bit late and the next entry was the 5 ema retest, I would have left soldier running here but only entered with 2 instead of 3 ..oops... But next time ..
Attached Image (click to enlarge)
Click to Enlarge Name: Pound is hanging in there.jpg Size: 75 KB
Good Trading To All ; Ken Lee
  • #12,892
  • May 20, 2009 7:19pm May 20, 2009 7:19pm
The 129.80/130.00 area may be tough to crack.
  • #12,893
  • May 20, 2009 7:23pm May 20, 2009 7:23pm
Quoting KENNETH lEE
I closed at 130.00 also I re-entered 130.38 off the 5 ema.. Great job.. Yea I saw the 50 ema a bit late and the next entry was the 5 ema retest, I would have left soldier running here but only entered with 2 instead of 3 ..oops... But next time ..
Who is the jumper?
  • #12,894
  • May 20, 2009 7:23pm May 20, 2009 7:23pm
Yes it has been the bottom a few times in the past...
Good Trading To All ; Ken Lee
  • #12,895
  • May 20, 2009 7:26pm May 20, 2009 7:26pm
Quoting PippiNole
Who is the jumper?

I jump all the time Just land on my face.. lol

http://www.ondisruption.com/photos/u..._parachute.jpg

Darn where's me chute !!!!!
Good Trading To All ; Ken Lee
  • #12,896
  • May 20, 2009 7:37pm May 20, 2009 7:37pm
I will catch you later guys. I am going to watch a bit of TV then bed..Trade well Ken
Good Trading To All ; Ken Lee
  • #12,897
  • May 20, 2009 7:39pm May 20, 2009 7:39pm
Quoting KENNETH lEE
I will catch you later guys. I am going to watch a bit of TV then bed..Trade well Ken
See ya tomorrow.
  • #12,898
  • May 21, 2009 3:26am May 21, 2009 3:26am
s and p gives UK negative outlook from stable affirms credit rating,

caused this fall now in cable
Trading is 80% Emotional, 20% Technical
  • #12,899
  • May 21, 2009 3:30am May 21, 2009 3:30am
am i seeing right 200 pip fall on 15 minute candle
  • #12,900
  • May 21, 2009 3:31am May 21, 2009 3:31am
Quoting micho
i see more strength in the euro in the up trend, cable might still have big retracements down
When life gives you lemons, make lemonade
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