Trade what you see NOT what you expect | Page 667 | Forex Factory

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Why did you start trading and what do you expect from it? 19 replies

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Trade What You See And Not What You Hope 0 replies

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Trade what you see NOT what you expect

  • #13,321
  • May 27, 2009 10:07am May 27, 2009 10:07am
Quoting Turtle
Went long GU @ 1.6005, took profit and covered, let's see how far she flies.

HOLLA
She didn't fly far....s/l hit. I'm done for the day.

Demo time........:nerd:

HOLLA
  • #13,322
  • May 27, 2009 10:12am May 27, 2009 10:12am
im locked and loaded, hope it breaks up.... lets see, BE at worst
Trading is 80% Emotional, 20% Technical
  • #13,323
  • May 27, 2009 10:13am May 27, 2009 10:13am
Quoting Turtle
Went long GU @ 1.6005, took profit and covered, let's see how far she flies.

HOLLA
Same here, long from 6007, grabbed 20 and covered.

SL hit. She just touched it, and went up again.
And I know why - this si a punishment for morning cheating with Mistress.

As Seventh Commandments says "No adultery".
  • #13,324
  • May 27, 2009 10:16am May 27, 2009 10:16am
Quoting fx local
im locked and loaded, hope it breaks up.... lets see, BE at worst
Great job! I got in at the touch of the m15.50ema... was a quick scalp for 40 pips though
Patience + Discipline - Greed = Success
  • #13,325
  • May 27, 2009 10:18am May 27, 2009 10:18am
Quoting Komissar
Same here, long from 6007, grabbed 20 and covered.

SL hit. Next setup, please
Great job bro.......

HOLLA
  • #13,326
  • May 27, 2009 10:19am May 27, 2009 10:19am
We may have a dblhc coming up on h4...
Patience + Discipline - Greed = Success
  • #13,327
  • May 27, 2009 10:20am May 27, 2009 10:20am
Quoting Infinity
Great job! I got in at the touch of the m15.50ema... was a quick scalp for 40 pips though
Nice job bro.....

Getting more practice in for candles touching/closing.....near/on MA's. :nerd:

HOLLA
  • #13,328
  • May 27, 2009 10:21am May 27, 2009 10:21am
Quoting Turtle
Nice job bro.....

Getting more practice in for candles touching/closing.....near/on MA's. :nerd:

HOLLA
Thanks bro! How's the demoing going?
Patience + Discipline - Greed = Success
  • #13,329
  • May 27, 2009 10:24am May 27, 2009 10:24am
London cloases in 6 min.
What will "London fix" mean today?

Also, it's Wednesday.
  • #13,330
  • May 27, 2009 10:25am May 27, 2009 10:25am
Quoting Infinity
We may have a dblhc coming up on h4...
This is what I am referring to here... It could take us higher in the coming hours once we stay above 5950. Also, if we close above the wick of the previous candle.. that would be a bonus!
Attached Image
Patience + Discipline - Greed = Success
  • #13,331
  • May 27, 2009 10:27am May 27, 2009 10:27am
Quoting Komissar
London cloases in 6 min.
What will "London fix" mean today?

Also, it's Wednesday.
I thought today was Tuesday you know....
Hangover from the long weekend I guess...
Patience + Discipline - Greed = Success
  • #13,332
  • May 27, 2009 10:29am May 27, 2009 10:29am
Anybody thinking short??

Looks like it's having an awful hard time breaking higher but 4h looks bullish on that dblhc, and that big up candle and the long wick candle next to it looks bullish to me also....or is that a reversal pattern?

Still flat here!
  • #13,333
  • May 27, 2009 10:32am May 27, 2009 10:32am
Today "Existing home sasles" was better then forecast. And market reacted pretty calm.
Remember, when "Pending Home sales" was relased, and it was better then expected, market was histerical. It's rocketed to the sky, talking heads on TV were talking that recession is over, etc.

Looks like market works in opposite direction of this forum.
They trade what they expect, not what they see.

Just my two cents.
  • #13,334
  • May 27, 2009 10:33am May 27, 2009 10:33am
Quoting Infinity
Thanks bro! How's the demoing going?
It's going good...some up and downs...but overall it's helping me to pull the trigger in my live trading when I see the setup. :nerd:

Sticking to the 35/50 setup and only waiting for those trades to show up.

HOLLA
  • #13,335
  • May 27, 2009 10:34am May 27, 2009 10:34am
Quoting Shilva
Anybody thinking short??

Looks like it's having an awful hard time breaking higher but 4h looks bullish on that dblhc, and that big up candle and the long wick candle next to it looks bullish to me also....or is that a reversal pattern?

Still flat here!
I don't see a short yet..:nerd:
Patience + Discipline - Greed = Success
  • #13,336
  • May 27, 2009 10:35am May 27, 2009 10:35am
Quoting Turtle
It's going good...some up and downs...but overall it's helping me to pull the trigger in my live trading when I see the setup. :nerd:

Sticking to the 35/50 setup and only waiting for those trades to show up.

HOLLA
Nothing wrong with that bro! Good job!
Patience + Discipline - Greed = Success
  • #13,337
  • May 27, 2009 10:38am May 27, 2009 10:38am
Quoting Infinity
I thought today was Tuesday you know....
Hangover from the long weekend I guess...
You have good stuff over there, on your island.

I like Appleton Estate rum
  • #13,338
  • May 27, 2009 10:40am May 27, 2009 10:40am
Quoting Komissar
You have good stuff over there, on your island.

I like Appleton Estate rum
Thanks! I like it too..
Patience + Discipline - Greed = Success
  • #13,339
  • May 27, 2009 10:42am May 27, 2009 10:42am
Pips are rollin' fx local!! Good job! I missed this one as I was only looking for a scalp...
Patience + Discipline - Greed = Success
  • #13,340
  • May 27, 2009 10:46am May 27, 2009 10:46am
Quoting Infinity
Pips are rollin' fx local!! Good job! I missed this one as I was only looking for a scalp...
thanks!!

yep covered some got some more running, all about the timing,

lets see if it squeezes more...
Trading is 80% Emotional, 20% Technical
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