Trade what you see NOT what you expect | Page 724 | 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

  • #14,461
  • Jun 5, 2009 2:36am Jun 5, 2009 2:36am
Quoting daffy
BBC News have just said Alistair Darling is keeping his job as chancellor - very much a case of keep your friends close, and your (potential) enemies closer.
Here's a bit more about this story

CABLE: Rate enjoying some buoyancy as rumours swirl (on the back of a BBC comment) that Chancellor Darling will remain in his post. A report overnight suggested that if PM Brown replaced him with Ed Ball, it could possibly prompt increased government spending and may put the UK AAA rating at risk. Cable trades around $1.6072 after touching a recovery high around $1.6085.
  • #14,462
  • Jun 5, 2009 3:11am Jun 5, 2009 3:11am
I cheated on the Mrs and the Mistress and did something I haven't done in a while and took a trade on EU. She was a temptress.
  • #14,463
  • Jun 5, 2009 3:15am Jun 5, 2009 3:15am
Quoting PippiNole
I cheated on the Mrs and the Mistress and did something I haven't done in a while and took a trade on EU. She was a temptress.

Now your gettin into Gangbang territory
  • #14,464
  • Jun 5, 2009 3:16am Jun 5, 2009 3:16am
Quoting riggster
Now your gettin into Gangbang territory
  • #14,465
  • Jun 5, 2009 3:17am Jun 5, 2009 3:17am
Cable news in 13 minutes.
  • #14,466
  • Jun 5, 2009 5:02am Jun 5, 2009 5:02am
trendline resistance on 1 hour chart, smaller one on 15min also,

staying short below that trendline, cut and reverse above it for targets of 6243,6341, 6433 - bit off but a spike up the the latter level would be a good area to short again,

have non farms, expect it to be no surprise, nevertheless its friday so always cautious......
Attached Image
Trading is 80% Emotional, 20% Technical
  • #14,467
  • Jun 5, 2009 6:28am Jun 5, 2009 6:28am
Took 3 positions from 16036. after the first touch of the t/l and doji candle, they weren't covered when I had to go out so closed them all out . . .to early.

sphynkter..
Attached Image (click to enlarge)
Click to Enlarge Name: Spot FX GBP_USD (03-JUN-09).png Size: 18 KB
Flyin' by the seat of my pants.......Talk to me Goose.
  • #14,468
  • Jun 5, 2009 6:55am Jun 5, 2009 6:55am
Morning, folks

We can see 2 controversial signals:

- Bullish Engulfing on 4H
and
- Downward channel on 1H.
Attached Image (click to enlarge)
Click to Enlarge Name: 15min.jpg Size: 134 KB
  • #14,469
  • Jun 5, 2009 7:20am Jun 5, 2009 7:20am
Hi Guys,

Im drooling at bit at the mo looking at this weekly pin.

Looking back there's not been many as tasty as this.

Seriously considering a long term trade off it.

Can anyone advise me on this? Davids i know you've been getting into some longer term trades...maybe you have some thoughts?

Id be grateful for any input.
  • #14,470
  • Jun 5, 2009 7:27am Jun 5, 2009 7:27am
Quoting riggster
Hi Guys,

Im drooling at bit at the mo looking at this weekly pin.

Looking back there's not been many as tasty as this.

Seriously considering a long term trade off it.

Can anyone advise me on this? Davids i know you've been getting into some longer term trades...maybe you have some thoughts?

Id be grateful for any input.
snap man!
just not sure its the right thing to do on a friday?
Keep It Simple Stupid
  • #14,471
  • Jun 5, 2009 7:29am Jun 5, 2009 7:29am
Quoting Alastair
snap man!
just not sure its the right thing to do on a friday?
No mate agree, im looking maybe next week.

Also appreiciate now is not a good time for anyone to respond.

So in your own time gentlemen. Cheers
  • #14,472
  • Jun 5, 2009 7:36am Jun 5, 2009 7:36am
Wow I am loving this.
  • #14,473
  • Jun 5, 2009 7:40am Jun 5, 2009 7:40am
Quoting PippiNole
Wow I am loving this.
I take it you got a hold of that 62 bounce Pippi (after probably having ridden her up there from the break through and retrace of the MA's in the first place)
  • #14,474
  • Jun 5, 2009 7:43am Jun 5, 2009 7:43am
i hate my life...long from 137.30 closed at 137.44 before nfp came out to play it safe and this is what happens
  • #14,475
  • Jun 5, 2009 7:43am Jun 5, 2009 7:43am
Quoting macc
I take it you got a hold of that 62 bounce Pippi (after probably having ridden her up there from the break through and retrace of the MA's in the first place)
(not to mention any cheating you may have been doing at the same time)
  • #14,476
  • Jun 5, 2009 7:45am Jun 5, 2009 7:45am
Quoting macc
I take it you got a hold of that 62 bounce Pippi (after probably having ridden her up there from the break through and retrace of the MA's in the first place)
I was in EJ long off the 50 ema at 137.24 and exited at 139.10.
  • #14,477
  • Jun 5, 2009 7:46am Jun 5, 2009 7:46am
I have to run out for a bit, see ya later.
  • #14,478
  • Jun 5, 2009 7:48am Jun 5, 2009 7:48am
Quoting PippiNole
I was in EJ long off the 50 ema at 137.24 and exited at 139.10.
I was contemplating that position as well but I went all out on gu last night at 6025...stop at 5990 tp 6225 (h1 50/62) ... woke up to some nice pippage...
Patience + Discipline - Greed = Success
  • #14,479
  • Jun 5, 2009 7:54am Jun 5, 2009 7:54am
Holy shit! I'm glad my trade was closed out!... what a selloff!
Patience + Discipline - Greed = Success
  • #14,480
  • Jun 5, 2009 7:54am Jun 5, 2009 7:54am
short from 16238 resistance as per my 1hour posted earlier just killing it now!!!!

bang off the 200sma 15min also
Trading is 80% Emotional, 20% Technical
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