Trade what you see NOT what you expect | Page 704 | Forex Factory

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Trade what you see NOT what you expect

  • #14,061
  • Jun 3, 2009 7:51am Jun 3, 2009 7:51am
Did anyone else take the short?
  • #14,062
  • Jun 3, 2009 7:54am Jun 3, 2009 7:54am
Quoting PippiNole
Did anyone else take the short?
Yup, been playing it short all day, see next support near 16400-6390
Trading is 80% Emotional, 20% Technical
  • #14,063
  • Jun 3, 2009 7:56am Jun 3, 2009 7:56am
Quoting PippiNole
Did anyone else take the short?
got it at the 10 ema
Keep It Simple Stupid
  • #14,064
  • Jun 3, 2009 7:57am Jun 3, 2009 7:57am
I like a crowded bus. I'm short the Mistress also.
  • #14,065
  • Jun 3, 2009 7:57am Jun 3, 2009 7:57am
Heads up on the 1H 62.
  • #14,066
  • Jun 3, 2009 7:57am Jun 3, 2009 7:57am
1hr 62 coming up.
  • #14,067
  • Jun 3, 2009 8:07am Jun 3, 2009 8:07am
Strong support @ 460
  • #14,068
  • Jun 3, 2009 8:33am Jun 3, 2009 8:33am
We got old Bernanke speaking in 27mins.
  • #14,069
  • Jun 3, 2009 8:43am Jun 3, 2009 8:43am
The Mistress made a nice retest of the 1hr. 62.
  • #14,070
  • Jun 3, 2009 8:49am Jun 3, 2009 8:49am
I'm printing money almost as fast as Bernanke.
  • #14,071
  • Jun 3, 2009 8:51am Jun 3, 2009 8:51am
Quoting fx local
Yup, been playing it short all day, see next support near 16400-6390
if and when this breaks down, next see a move to 6320....
Trading is 80% Emotional, 20% Technical
  • #14,072
  • Jun 3, 2009 8:54am Jun 3, 2009 8:54am
Quoting cisco
Just read an article saying long GBP and EU longs were expected to unwind later this week. Inflows of foreign capital are beginning to pour into U.S. funds.
Has it started?
Hi, my name is Barry and you can keep your doctor...
  • #14,073
  • Jun 3, 2009 8:56am Jun 3, 2009 8:56am
Quoting fx local
if and when this breaks down, next see a move to 6320....
I'm looking at 1.6290.
Attached Image
Hi, my name is Barry and you can keep your doctor...
  • #14,074
  • Jun 3, 2009 8:56am Jun 3, 2009 8:56am
Quoting cisco
Has it started?
Yup
Trading is 80% Emotional, 20% Technical
  • #14,075
  • Jun 3, 2009 9:09am Jun 3, 2009 9:09am
Got nailed for 45 from the 1h 62.

Hesitated taking profit and covering when i had the chance.

  • #14,076
  • Jun 3, 2009 9:19am Jun 3, 2009 9:19am
Quoting riggster
Got nailed for 45 from the 1h 62.

Hesitated taking profit and covering when i had the chance.

think there is more potential to go south again from here?
Keep It Simple Stupid
  • #14,077
  • Jun 3, 2009 9:20am Jun 3, 2009 9:20am
How are you doing, fellows?

Question: Did anybody long GU from 6380+ ?
If yes, what did trigger that trade?

I'll appreciate any help.
  • #14,078
  • Jun 3, 2009 9:22am Jun 3, 2009 9:22am
Quoting riggster
Got nailed for 45 from the 1h 62.

Hesitated taking profit and covering when i had the chance.

Sorry for your loss. Maybe it was too close to news time.
Hi, my name is Barry and you can keep your doctor...
  • #14,079
  • Jun 3, 2009 9:23am Jun 3, 2009 9:23am
Quoting Komissar
How are you doing, fellows?

Question: Did anybody long GU from 6380+ ?
If yes, what did trigger that trade?

I'll appreciate any help.
I did, but I only have 1 soldier left. The triger was the h1 hammer we got on the 02 June at 5am est. It was near the opening price of that h1 which was 6479.
Just digging in the trenches like everyone else!
  • #14,080
  • Jun 3, 2009 9:29am Jun 3, 2009 9:29am
Quoting eohater
I did, but I only have 1 soldier left. The triger was the h1 hammer we got on the 02 June at 5am est. It was near the opening price of that h1 which was 6479.
Thanks, EO
Let me re-phrase it.
Even the trend was pointed down, you assumed that 6379 will hold as support, and took the risk with long.
And you consider that todays drop didn't override yesterdays PA, right?
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