Trade what you see NOT what you expect | Page 661 | Forex Factory

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Trade what you see NOT what you expect

  • #13,201
  • May 25, 2009 5:47pm May 25, 2009 5:47pm
Quoting PippiNole
Ok cool. I took a quick 12 pips on this EJ short and now I'm flat on EJ and 1 north bound on GU. Going to bed shortly so I will see you in the A.M.
I took that short also but only took about half that.. closed at the 5 ema...
Good Trading To All ; Ken Lee
  • #13,202
  • Edited 6:09pm May 25, 2009 5:54pm | Edited 6:09pm
Quoting KENNETH lEE
I took that short also but only took about half that.. closed at the 5 ema...
How are you, Ken?
Are you going to long GU and/or EJ? 35/50 cross reverse?

Never mind. They went too deep.

And now there is a hammer forming on GU 15M. Long?
  • #13,203
  • May 25, 2009 6:12pm May 25, 2009 6:12pm
Quoting Komissar
How are you, Ken?
Are you going to long GU and/or EJ? 35/50 cross reverse?

Never mind. They went too deep.

And now there is a hammer forming on GU 15M. Long?
I am short off the retest of the support/resistance of the E/J 65 area. But don't feel real good about it. That quick move could just be a bit of news.. but we will see.
Good Trading To All ; Ken Lee
  • #13,204
  • May 25, 2009 6:16pm May 25, 2009 6:16pm
should have waited for the 5 ema touch in hindsight, I took 12 . and closed looked to form a inverted hangman.

Then continues down !!!! oh well ..
Good Trading To All ; Ken Lee
  • #13,205
  • May 25, 2009 6:17pm May 25, 2009 6:17pm
Quoting KENNETH lEE
I am short off the retest of the support/resistance of the E/J 65 area. But don't feel real good about it. That quick move could just be a bit of news.. but we will see.
Actually, I went long from 132.52. Grabbed quick 10 and out.
But you probably locked it already.

Market is too thin. I'll wait till morning.

Thin market I referred to GU.
For EJ pin at 20:30 is a driver, but I was too late for it.
  • #13,206
  • May 25, 2009 6:19pm May 25, 2009 6:19pm
Quoting Komissar
Actually, I went long from 132.52. Grabbed quick 10 and out.
But you probably locked it already.

Market is too thin. I'll wait till morning.
I guess the trade of the evening would have been the short. which i was in but closed ...see you in the am... take care ken..
Good Trading To All ; Ken Lee
  • #13,207
  • May 25, 2009 11:30pm May 25, 2009 11:30pm
Quoting micho
i've been adjusting targets all night long
now target is 1.5934... we still can see new high and 1.5955 but for now i close in 1.5934 when we reach it
finally 2 days waiting
When life gives you lemons, make lemonade
  • #13,208
  • May 26, 2009 12:57am May 26, 2009 12:57am
Quoting micho
finally 2 days waiting
Very good Micho I don't hink I could have been that patient.. Heck I know I couldn't .. Well Done I woke up to late, back to bed for me.. see you later...
Good Trading To All ; Ken Lee
  • #13,209
  • May 26, 2009 1:14am May 26, 2009 1:14am
Quoting KENNETH lEE
Very good Micho I don't hink I could have been that patient.. Heck I know I couldn't .. Well Done I woke up to late, back to bed for me.. see you later...
lol
When life gives you lemons, make lemonade
  • #13,210
  • May 26, 2009 1:18am May 26, 2009 1:18am
u know the streak is still going 25 positive or null trades in a row
total +539
When life gives you lemons, make lemonade
  • #13,211
  • May 26, 2009 4:56am May 26, 2009 4:56am
Quoting micho
u know the streak is still going 25 positive or null trades in a row
total +539
Way to go Micho!

GM
  • #13,212
  • May 26, 2009 6:24am May 26, 2009 6:24am
Quoting Shilva
Way to go Micho!

GM
thanks man

i wait to see if i take a long on cable
When life gives you lemons, make lemonade
  • #13,213
  • May 26, 2009 6:42am May 26, 2009 6:42am
Quoting micho
thanks man

i wait to see if i take a long on cable
ah man it went up quickly
When life gives you lemons, make lemonade
  • #13,214
  • May 26, 2009 6:50am May 26, 2009 6:50am
news in 10 min.
Good Trading To All ; Ken Lee
  • #13,215
  • May 26, 2009 6:53am May 26, 2009 6:53am
Quoting KENNETH lEE
news in 10 min.
I don't like when news interfer with good setup.

Consider forming hangman on 1H and pointed down TL on 15M,
short would be good.
Attached Image (click to enlarge)
Click to Enlarge Name: 15min.jpg Size: 59 KB
  • #13,216
  • May 26, 2009 6:55am May 26, 2009 6:55am
Quoting Komissar
I don't like when news interfer with good setup.

Consider forming hangman on 1H and pointed down TL on 15M,
short would be good.
well i dont look at news. usually the trends/prices are in indecision or finished when news is about to come

like now up trend on hourly have already touched the target now we can go either ways on news
When life gives you lemons, make lemonade
  • #13,217
  • May 26, 2009 6:56am May 26, 2009 6:56am
Quoting Komissar
I don't like when news interfer with good setup.

Consider forming hangman on 1H and pointed down TL on 15M,
short would be good.

I agree I was short E/J off the 35 SMA but took profit and flat now.
Good Trading To All ; Ken Lee
  • #13,218
  • May 26, 2009 6:58am May 26, 2009 6:58am
Quoting KENNETH lEE
I agree I was short E/J off the 35 SMA but took profit and flat now.
And I was long on EJ from flat bottom. Took profit and flat atm.
  • #13,219
  • May 26, 2009 6:59am May 26, 2009 6:59am
Quoting KENNETH lEE
I agree I was short E/J off the 35 SMA but took profit and flat now.
now we can go either ways
When life gives you lemons, make lemonade
  • #13,220
  • May 26, 2009 7:01am May 26, 2009 7:01am
Quoting Komissar
And I was long on EJ from flat bottom. Took profit and flat atm.

I had been long but off the 4 hr hangman retest of the 50 ema and no new low. stop below the 4 hr hangman less than 10 pips.
Good Trading To All ; Ken Lee
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