Trade what you see NOT what you expect | Page 676 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

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

How soon after you put on a trade do you expect to be "in the money"? 28 replies

How do you see trading - Do you see it as a means to an end? 12 replies

how long do you expect to trade? 10 replies

Trade What You See And Not What You Hope 0 replies

Attachments: Trade what you see NOT what you expect
Exit Attachments

Trade what you see NOT what you expect

  • #13,501
  • May 28, 2009 9:06am May 28, 2009 9:06am
Quoting micho
eooooooo hi

Hey Micho! Hope all is well with you! I've seen you've had a nice streak of winning trades and that's always nice to hear of others success. I believe Turtle has a valid point in his posts as well. For example, yesterday you were telling an individual to not go long and he had better close it out quickly. The ironic thing is, I went long about the same time as he did and made 90 pips with only a 1 pip draw down on the move. I understand where you coming from, and scalping without a clue can be very dangerous and costly to one's account, but entering a trade with a controlled entry, SL and TP targets, is far from scalping. This is not to say that I have not closed trades out for +1 and reversed and even -35 and reversed. Some trades setups will yield a little and others will yield a whole bunch. Like now, I'm short from 5965, I've taken 20 and covered on the rest. I can see this going to 579x today and possibly lower. I can also see it going higher as well and I'll trade it however she moves.

Trade well bro!
EO
Just digging in the trenches like everyone else!
  • #13,502
  • May 28, 2009 9:06am May 28, 2009 9:06am
I've had enough for one day...catch ya'll later.

HOLLA
  • #13,503
  • May 28, 2009 9:09am May 28, 2009 9:09am
Quoting Infinity
Why your last post? No need to be offended or even defend yourself... You are a cool guy and I consider you a good trader as well.... All I am saying is that, you should not discourage another person from trading their chosen style, what works some may not work for others...


Like we say here "dejen que las aguas vuelvan al rio" (lets the water return to the river)

And now Lets make pips (That is for we are here, not???)...
"Even A Thousand Mile Journey Begins with the First Step"
  • #13,504
  • May 28, 2009 9:10am May 28, 2009 9:10am
Quoting Infinity
Why your last post? No need to be offended or even defend yourself... You are a cool guy and I consider you a good trader as well.... All I am saying is that, you should not discourage another person from trading their chosen style, what works some may not work for others...
I agree exactly!
Just digging in the trenches like everyone else!
  • #13,505
  • May 28, 2009 9:11am May 28, 2009 9:11am
Quoting eohater
Hey Micho! Hope all is well with you! I've seen you've had a nice streak of winning trades and that's always nice to hear of others success. I believe Turtle has a valid point in his posts as well. For example, yesterday you were telling an individual to not go long and he had better close it out quickly. The ironic thing is, I went long about the same time as he did and made 90 pips with only a 1 pip draw down on the move. I understand where you coming from, and scalping without a clue can be very dangerous and costly to one's account, but entering...
I hear that bro! I've been long and short this thing since yesterday...
Patience + Discipline - Greed = Success
  • #13,506
  • May 28, 2009 9:13am May 28, 2009 9:13am
Quoting Infinity
I hear that bro! I've been long and short this thing since yesterday...
And that's how we roll bro! It's great to make over 300 pips in 1 day when the range has only been 150. Like today for example, I've booked over 80 pips of profit on her and she's only 25 pips below the open.
Just digging in the trenches like everyone else!
  • #13,507
  • May 28, 2009 9:18am May 28, 2009 9:18am
Quoting eohater
And that's how we roll bro! It's great to make over 300 pips in 1 day when the range has only been 150. Like today for example, I've booked over 80 pips of profit on her and she's only 25 pips below the open.
Good job bro! I had a 20 pip loss earlier and then got over 150 in total after that... I agree with your 57xx area but I am not holding on to anything right now...just scalping away......... it can go either way... also... I see we have not had a h1 close below 5900 this session...
Patience + Discipline - Greed = Success
  • #13,508
  • May 28, 2009 9:24am May 28, 2009 9:24am
Quoting Infinity
Good job bro! I had a 20 pip loss earlier and then got over 150 in total after that... I agree with your 57xx area but I am not holding on to anything right now...just scalping away......... it can go either way... also... I see we have not had a h1 close below 5900 this session...
hey guys, been "scalping" long short myself, feel bit dizzy thou after drowning sorrows from yday barca result!! they throughly deserved it..
Trading is 80% Emotional, 20% Technical
  • #13,509
  • May 28, 2009 9:25am May 28, 2009 9:25am
Quoting Infinity
Good job bro! I had a 20 pip loss earlier and then got over 150 in total after that... I agree with your 57xx area but I am not holding on to anything right now...just scalping away......... it can go either way... also... I see we have not had a h1 close below 5900 this session...
The h1 not closing below 5900 has been a concern for me as well, but we've got buyers still wanting to buy this and not accept the turn. Once the acceptance kicks in, we will be to 57xx area like a rocket ship. Not to get everyone's hopes up, but I can also see 55xx on the table as well, but for now, we'll trade her however she moves and ride the wave in either direction.
Just digging in the trenches like everyone else!
  • #13,510
  • May 28, 2009 9:27am May 28, 2009 9:27am
cable had a good run of late, charts indicate price action slowing to the upside, month end - position squaring may occur also today/tomorrow, consoldation

scalping the bid/offer is very fruitfull if u have direct market assess via TT where u have price ladder showing all bids/offers, pit traders have done it for years
Trading is 80% Emotional, 20% Technical
  • #13,511
  • May 28, 2009 9:33am May 28, 2009 9:33am
Quoting eohater
The h1 not closing below 5900 has been a concern for me as well, but we've got buyers still wanting to buy this and not accept the turn. Once the acceptance kicks in, we will be to 57xx area like a rocket ship. Not to get everyone's hopes up, but I can also see 55xx on the table as well, but for now, we'll trade her however she moves and ride the wave in either direction.
I agree wholeheartedly bro!
Patience + Discipline - Greed = Success
  • #13,512
  • May 28, 2009 9:34am May 28, 2009 9:34am
Quoting fx local
hey guys, been "scalping" long short myself, feel bit dizzy thou after drowning sorrows from yday barca result!! they throughly deserved it..
Good job bro! Sorry your team lost, but as you said, Barca deserved it! It was like watching arsenal!!! The beautiful game at it's best! I'm glad Titi got his medal too!
Patience + Discipline - Greed = Success
  • #13,513
  • May 28, 2009 9:39am May 28, 2009 9:39am
It's too early to ask, but anyway.
If 50% will hold, and the hangman will form - short?
Attached Image (click to enlarge)
Click to Enlarge Name: 15min.jpg Size: 71 KB
  • #13,514
  • May 28, 2009 9:39am May 28, 2009 9:39am
Quoting Infinity
Good job bro! Sorry your team lost, but as you said, Barca deserved it! It was like watching arsenal!!! The beautiful game at it's best! I'm glad Titi got his medal too!
they looked like they from different planet altogther, xavi iniesta are sick!!

if this 15980 breaks up then could well see squeeze higher past 1.600 briefly, do expect cable to close near the open thou.... all about playing the range at mo, hope u brought near 15910-20, hestitated and missed it myself
Trading is 80% Emotional, 20% Technical
  • #13,515
  • May 28, 2009 9:46am May 28, 2009 9:46am
I'm short again from 5965.
Just digging in the trenches like everyone else!
  • #13,516
  • May 28, 2009 10:02am May 28, 2009 10:02am
Quoting eohater
I'm short again from 5965.
I'm not liking this position the best right now, but my SL is at 5990, now we'll see what happens.
Just digging in the trenches like everyone else!
  • #13,517
  • May 28, 2009 10:04am May 28, 2009 10:04am
Quoting eohater
I'm not liking this position the best right now, but my SL is at 5990, now we'll see what happens.

couple of wicks on 2 hour chart to note, hammer formation also
Trading is 80% Emotional, 20% Technical
  • #13,518
  • May 28, 2009 10:06am May 28, 2009 10:06am
Quoting eohater
I'm not liking this position the best right now, but my SL is at 5990, now we'll see what happens.

break above that then we could see 16045 resistance area
Trading is 80% Emotional, 20% Technical
  • #13,519
  • May 28, 2009 10:07am May 28, 2009 10:07am
nice trendline resistance on 4hour euro chart also now...

break higher????
Trading is 80% Emotional, 20% Technical
  • #13,520
  • May 28, 2009 10:07am May 28, 2009 10:07am
Quoting fx local
break above that then we could see 16045 resistance area
My sentiments exactly!
Just digging in the trenches like everyone else!
4 traders viewing now