Trade what you see NOT what you expect | Page 706 | Forex Factory

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Trade what you see NOT what you expect

  • #14,101
  • Jun 3, 2009 9:53am Jun 3, 2009 9:53am
Quoting cisco
Hourly is shaping up bullish. Plus, we might get a double bottom on the m15.
Were on the same page bro!
Just digging in the trenches like everyone else!
  • #14,102
  • Jun 3, 2009 9:54am Jun 3, 2009 9:54am
Quoting eohater
My only drawback to considering a long at the turn of the h1 is that that current h1 did take out the wick of the prior h1. That is my only hesitation. If I should take that long, I will let you know. My SL will be tight to the wick price though. Also, don't forget to drop down to the 15m chart for your entry signal. Might not be a long at the turn of the h1, but maybe after we're into it from the wick price. Notice how buyers are holding her at 638x area. Their about to give up the ghost though I believe.
And more thanks again!
Piece by piece I begin to understand PA trading.
All 5 setups described in PDF are good additions to PA.
  • #14,103
  • Jun 3, 2009 9:55am Jun 3, 2009 9:55am
Quoting eohater
Were on the same page bro!
Hi, my name is Barry and you can keep your doctor...
  • #14,104
  • Jun 3, 2009 9:56am Jun 3, 2009 9:56am
Quoting cisco
I will walk away from the long at the turn should we take out the 6376 area on my feed (even if it's only 1 pip). It's right at 6379 right now for me.
Just digging in the trenches like everyone else!
  • #14,105
  • Jun 3, 2009 9:57am Jun 3, 2009 9:57am
Quoting eohater
My only drawback to considering a long at the turn of the h1 is that that current h1 did take out the wick of the prior h1. That is my only hesitation. If I should take that long, I will let you know. My SL will be tight to the wick price though. Also, don't forget to drop down to the 15m chart for your entry signal. Might not be a long at the turn of the h1, but maybe after we're into it from the wick price. Notice how buyers are holding her at 638x area. Their about to give up the ghost though I believe.
I appreciate this to eo... all great help to understanding PA Cheers.
  • #14,106
  • Jun 3, 2009 10:01am Jun 3, 2009 10:01am
I'm long from 6387. Careful on this against the grain move guys!
Just digging in the trenches like everyone else!
  • #14,107
  • Jun 3, 2009 10:05am Jun 3, 2009 10:05am
Quoting eohater
I'm long from 6387. Careful on this against the grain move guys!
I bought down the wick at 81.
Hi, my name is Barry and you can keep your doctor...
  • #14,108
  • Jun 3, 2009 10:06am Jun 3, 2009 10:06am
Quoting eohater
I'm long from 6387. Careful on this against the grain move guys!
Now, if this trade works out and the current 15m candle does not take out 6376 and you were hesitant on getting in. Just breathe and wait. The next 15m candle will give you an entry around 6380 area for a seat. The key is to watch this current 15m candle and how it closes. Like it is now as an inverted hangman would be good, then you can get in on the next 15m candle around the 6380 area. Once we get this 15m candle closed, I'll provide more insight.
Just digging in the trenches like everyone else!
  • #14,109
  • Jun 3, 2009 10:08am Jun 3, 2009 10:08am
Quoting cisco
I bought down the wick at 81.
Nice brother! I'm not crossing my nut sack on this one though. I don't need the pain on a Wednesday. It'll either work out or I'll have a loss. Either way, I don't care.
Just digging in the trenches like everyone else!
  • #14,110
  • Jun 3, 2009 10:09am Jun 3, 2009 10:09am
Quoting eohater
Nice brother! I'm not crossing my nut sack on this one though. I don't need the pain on a Wednesday. It'll either work out or I'll have a loss. Either way, I don't care.
  • #14,111
  • Jun 3, 2009 10:09am Jun 3, 2009 10:09am
Quoting eohater
I'm not crossing my nut sack
I hear that!
Hi, my name is Barry and you can keep your doctor...
  • #14,112
  • Jun 3, 2009 10:10am Jun 3, 2009 10:10am
EO,whats your tight stop?

THANKS
  • #14,113
  • Jun 3, 2009 10:14am Jun 3, 2009 10:14am
Quoting FOURX
EO,whats your tight stop?

THANKS
6365 is my stop on this and she's going to get it. She took out 6376, shit trade. Buyers were already spent on the first go around down here.
Just digging in the trenches like everyone else!
  • #14,114
  • Jun 3, 2009 10:15am Jun 3, 2009 10:15am
Quoting eohater
6365 is my stop on this and she's going to get it. She took out 6376, shit trade. Buyers were already spent on the first go around down here.
And she's outta there. I've already pointed out where the next level of buyers are waiting.
Just digging in the trenches like everyone else!
  • #14,115
  • Jun 3, 2009 10:15am Jun 3, 2009 10:15am
got 6354 and 6323 as next targets on downside latter should provide support
Trading is 80% Emotional, 20% Technical
  • #14,116
  • Jun 3, 2009 10:17am Jun 3, 2009 10:17am
Quoting fx local
got 6354 and 6323 as next targets on downside
Yep! I think 6354 will come rather quickly with few buyers, but the 6323 area will produce some major buying interest I believe.
Just digging in the trenches like everyone else!
  • #14,117
  • Jun 3, 2009 10:17am Jun 3, 2009 10:17am
My sphincter doesn't like this action.
Hi, my name is Barry and you can keep your doctor...
  • #14,118
  • Jun 3, 2009 10:18am Jun 3, 2009 10:18am
I'm going for a walk with Bob for a minute. Be right back.
Just digging in the trenches like everyone else!
  • #14,119
  • Jun 3, 2009 10:19am Jun 3, 2009 10:19am
Quoting cisco
My sphincter doesn't like this action.
Now you know why I'm going to talk with Bob for a minute.
Just digging in the trenches like everyone else!
  • #14,120
  • Jun 3, 2009 10:19am Jun 3, 2009 10:19am
Quoting eohater
Yep! I think 6354 will come rather quickly with few buyers, but the 6323 area will produce some major buying interest I believe.
ill be one of them!! for first time today
Trading is 80% Emotional, 20% Technical
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