Trade what you see NOT what you expect | Page 674 | 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 NOT what you expect

  • #13,461
  • May 28, 2009 3:48am May 28, 2009 3:48am
Quoting manize
I see.

I did scalp just only in the unsure trend. Within a couple day we can see continue go to the sky or retrace down ( there is a bearish pin bar on the daily candle ).
well scalping is dangerous bro... if you win 100 times and lose once you might lose it all with scalping
When life gives you lemons, make lemonade
  • #13,462
  • May 28, 2009 3:56am May 28, 2009 3:56am
Quoting micho
well scalping is dangerous bro... if you win 100 times and lose once you might lose it all with scalping
Right !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #13,463
  • May 28, 2009 4:24am May 28, 2009 4:24am
Fellows, I have a general question about BE.
When partial profit is taken, what BE are you using?
I am using BE+2.
The reason I am asking is because very often my SL is hit by 1 pip touch.
Like now Long from 5943, took 20, and locked BE+2 = 5945, and price dropped to 5944, and then UP again.
It pissed me off everytime when I can see lost opportunity.
  • #13,464
  • May 28, 2009 4:29am May 28, 2009 4:29am
Quoting Komissar
Fellows, I have a general question about BE.
When partial profit is taken, what BE are you using?
I am using BE+2.
The reason I am asking is because very often my SL is hit by 1 pip touch.
Like now Long from 5943, took 20, and locked BE+2 = 5945, and price dropped to 5944, and then UP again.
It pissed me off everytime when I can see lost opportunity.
well that is because you are lucky, there is no rule which BE to use...
i use BE+0 sometimes
When life gives you lemons, make lemonade
  • #13,465
  • May 28, 2009 5:46am May 28, 2009 5:46am
Quoting Komissar
Fellows, I have a general question about BE.
When partial profit is taken, what BE are you using?
I am using BE+2.
The reason I am asking is because very often my SL is hit by 1 pip touch.
Like now Long from 5943, took 20, and locked BE+2 = 5945, and price dropped to 5944, and then UP again.
It pissed me off everytime when I can see lost opportunity.

The reason I believe EO uses +2 is he figures it pays his spread and commission. The setting of the stops is a personal choice. if your not happy with +2 use a BE. Also as price moves further they move the stop up also.
Good Trading To All ; Ken Lee
  • #13,466
  • May 28, 2009 5:57am May 28, 2009 5:57am
US news came out positive, but it looks like risk aversion does not apply anymore.
Long from 35/50 cross/reverse? Or dollar will be stronger now?
  • #13,467
  • May 28, 2009 6:09am May 28, 2009 6:09am
Quoting Komissar
US news came out positive, but it looks like risk aversion does not apply anymore.
Long from 35/50 cross/reverse? Or dollar will be stronger now?
Bro, a cross of the 35sma and 50 ema is what we are looking for.

The candle you are talking about opened under the 50 ema so didnt cross it before it closed, so its a no go.
  • #13,468
  • May 28, 2009 6:12am May 28, 2009 6:12am
Quoting riggster
Bro, a cross of the 35sma and 50 ema is what we are looking for.

The candle you are talking about opened under the 50 ema so didnt cross it before it closed, so its a no go.
You are right. For some reason I had 50 SMA on my chart.
Fixed it.

And for now small shampoo on GU played. I wish I saw it before.
Attached Image (click to enlarge)
Click to Enlarge Name: 15min.jpg Size: 74 KB
  • #13,469
  • May 28, 2009 6:14am May 28, 2009 6:14am
Quoting micho
well scalping is dangerous bro... if you win 100 times and lose once you might lose it all with scalping
Micho, for the last time.

Please don't come into the thread and tell people how they should trade, based on what I have read since you got on this morning. It seems to be all I hear from you.

Everybody has different styles and to tell folks how to trade is not for this thread.

HOLLA
  • #13,470
  • May 28, 2009 6:15am May 28, 2009 6:15am
Quoting Komissar
You are right. For some reason I had 50 SMA on my chart.
Fixed it.
Cool ! Its worth keeping the 50 Sma too for another floating S & R

Just colour them up and remember which is which.
  • #13,471
  • May 28, 2009 6:18am May 28, 2009 6:18am
Quoting Turtle
Micho, for the last time.

Please don't come into the thread and tell people how they should trade, based on what I have read since you got on this morning. It seems to be all I hear from you.

Everybody has different styles and to tell folks how to trade is not for this thread.

HOLLA
I agree, no offence Micho but would be better if you flowed with the thread and not tried to stamp your opinions all over it. Cheers
  • #13,472
  • May 28, 2009 6:19am May 28, 2009 6:19am
I hope you guys have taken advantage of the Mistress.
  • #13,473
  • May 28, 2009 6:28am May 28, 2009 6:28am
No sure about this 35/50 with massive candle....any thoughts?
  • #13,474
  • May 28, 2009 6:31am May 28, 2009 6:31am
Good morning friends
Hope our trades goes the same way that Barza yesterday
Cable looks like bearish on daily, but confirmation required.
Attached Image
"Even A Thousand Mile Journey Begins with the First Step"
  • #13,475
  • May 28, 2009 6:35am May 28, 2009 6:35am
Quoting riggster
No sure about this 35/50 with massive candle....any thoughts?
On the sides...news in 25 minutes, plus the DOW just opened, if I'm shorting I want it higher.

HOLLA
  • #13,476
  • May 28, 2009 6:36am May 28, 2009 6:36am
Quoting PippiNole
I hope you guys have taken advantage of the Mistress.
I know you did PippiNole...


HOLLA
  • #13,477
  • May 28, 2009 6:38am May 28, 2009 6:38am
Quoting Turtle
Micho, for the last time.

Please don't come into the thread and tell people how they should trade, based on what I have read since you got on this morning. It seems to be all I hear from you.

Everybody has different styles and to tell folks how to trade is not for this thread.

HOLLA
that was my opinion, i dont have a gun into his head to force him. also, scalping is dangerous, that is not just my opinion its a fact. are you mad at me cause i say my opinion?
When life gives you lemons, make lemonade
  • #13,478
  • May 28, 2009 6:41am May 28, 2009 6:41am
look we can make a deal, if i recommend a trade or say something and then it happened to be wrong then you can sue me
but as far as what i say is happening then you cant sue me

agree?
When life gives you lemons, make lemonade
  • #13,479
  • May 28, 2009 6:41am May 28, 2009 6:41am
Quoting Turtle
Micho, for the last time.

Please don't come into the thread and tell people how they should trade, based on what I have read since you got on this morning. It seems to be all I hear from you.

Everybody has different styles and to tell folks how to trade is not for this thread.

HOLLA
Trading is 80% Emotional, 20% Technical
  • #13,480
  • May 28, 2009 6:43am May 28, 2009 6:43am
Quoting micho
that was my opinion, i dont have a gun into his head to force him. also, scalping is dangerous, that is not just my opinion its a fact. are you mad at me cause i say my opinion?

Like we have said from the beginning....please keep comments in line with what the thread is talking about.

Most of the thread is scalping, whether it be for 10 pips or 200 pips.

But to come in hear and say not to scalp, when that's what the majority of the thread does is not cool.

If you feel like stating your opinions then just start your on thread.

But in this thread, please keep your thoughts/opinions to the what is taught.

HOLLA
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