Trade what you see NOT what you expect | Page 725 | Forex Factory

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Trade what you see NOT what you expect

  • #14,481
  • Jun 5, 2009 7:55am Jun 5, 2009 7:55am
Lovely bounce off the 1hr down TL!
  • #14,482
  • Jun 5, 2009 7:57am Jun 5, 2009 7:57am
Quoting fx local
short from 16238 resistance as per my 1hour posted earlier just killing it now!!!!

bang off the 200sma 15min also
Excellent stuff bro! I went the other way.... but I didn't reverse...
Patience + Discipline - Greed = Success
  • #14,483
  • Jun 5, 2009 8:05am Jun 5, 2009 8:05am
Good morning friends
Just awake to see that amazing cable movement.. Hope you all make greens
"Even A Thousand Mile Journey Begins with the First Step"
  • #14,484
  • Jun 5, 2009 8:05am Jun 5, 2009 8:05am
Quoting Infinity
Excellent stuff bro! I went the other way.... but I didn't reverse...
thanks bro, that move from non farm was a crapshoot, seen it reverse like that many times off figure, covered half of fairly big postion for 200 pips

the rest on +100 stop
Trading is 80% Emotional, 20% Technical
  • #14,485
  • Jun 5, 2009 8:09am Jun 5, 2009 8:09am
Quoting fx local
thanks bro, that move from non farm was a crapshoot, seen it reverse like that many times off figure, covered half of fairly big postion for 200 pips

the rest on +100 stop
Excellent job!
Patience + Discipline - Greed = Success
  • #14,486
  • Jun 5, 2009 8:17am Jun 5, 2009 8:17am
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.
Not at the moment I want see where the daily closes
  • #14,487
  • Jun 5, 2009 8:23am Jun 5, 2009 8:23am
anyone push the sell on the euro - that was the one, especially with the shampoo on the 1/4 hour chart

something to note dollar index has reversed initial move 5 of the last payroll releases..... hence the sell off
Trading is 80% Emotional, 20% Technical
  • #14,488
  • Jun 5, 2009 8:33am Jun 5, 2009 8:33am
Quoting fx local
anyone push the sell on the euro - that was the one, especially with the shampoo on the 1/4 hour chart

something to note dollar index has reversed initial move 5 of the last payroll releases..... hence the sell off
Seems to be a lot of that kind of PA after news releases where it shoots off in one direction then reverses back in line with the previous action during the day ..
  • #14,489
  • Jun 5, 2009 8:37am Jun 5, 2009 8:37am
Quoting dode
Seems to be a lot of that kind of PA after news releases where it shoots off in one direction then reverses back in line with the previous action during the day ..
alwyas best to trade opposite side of these big releases,


if cable break this support here 16000, can see 1.5930 area as next target
Trading is 80% Emotional, 20% Technical
  • #14,490
  • Jun 5, 2009 8:46am Jun 5, 2009 8:46am
Quoting manize
Maybe worthy, I share my latest strategy to trade GU. Everyday I plot the DP level, used to plan the S/R. And is working well.

See the chart below. Look how well it works to forecast the trend in a significant amount ! Today I wait for it moves up to 1.6176 ( DP day 2) - 1.6209 ( DP day 6) to short, but I may reconsider depend on what PA I'll see ! Let see !
It works perfectly ! My Tp 1.5940 !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #14,491
  • Jun 5, 2009 9:01am Jun 5, 2009 9:01am
Quoting fx local
alwyas best to trade opposite side of these big releases,


if cable break this support here 16000, can see 1.5930 area as next target
That's my next TP level. Good job bro!
Just digging in the trenches like everyone else!
  • #14,492
  • Jun 5, 2009 9:06am Jun 5, 2009 9:06am
Quoting davids
Not at the moment I want see where the daily closes
For sure, ill be looking at all i can in the meantime.
  • #14,493
  • Jun 5, 2009 9:08am Jun 5, 2009 9:08am
Quoting eohater
That's my next TP level. Good job bro!
been a good week, finally coming together!!

thanks trailing my stop now @150 + on balance of my position, will cover by next of day whatever happen,

weekly close around here would be bearish for next week, isee 1.5500 area quite realistic target for next week should this correction continue...

no doubt you caught good share of that move bro
Trading is 80% Emotional, 20% Technical
  • #14,494
  • Jun 5, 2009 9:09am Jun 5, 2009 9:09am
Good morning to ALL,
EO had asked me about my son (the surgery guy) so I will share with all of you that it has been a wonderful success and has already lost about 40 lbs. of weight in such a short time (60-70 more to go)... I have been very busy out of forex but still try to keep up with this wonderful thread.
Kids are out of school and I am driving to Florida as I write this to vacation there and in the country of Panama...will be back to take my share of GREEN pips in July.

QUESTION: I am considering opening an account with Dukascopy...anyone have any experience with them? I am trying a demo now because I am used to the MT4 platform and they have their own. Please....any advise????

BEST WISHES TO ALL OF YOU and enjoy your summer !!!
  • #14,495
  • Jun 5, 2009 9:10am Jun 5, 2009 9:10am
Quoting fx local
short from 16238 resistance as per my 1hour posted earlier just killing it now!!!!

bang off the 200sma 15min also
I rode from DP ( 1.6209 ). But got nerve 1st when draw up untill 1.6240 ! Congratz bro !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #14,496
  • Jun 5, 2009 9:11am Jun 5, 2009 9:11am
Quoting fx local
been a good week, finally coming together!!

thanks trailing my stop now @150 + on balance of my position, will cover by next of day whatever happen,

weekly close around here would be bearish for next week, isee 1.5500 area quite realistic target for next week should this correction continue...

no doubt you caught good share of that move bro
I got pretty lucky bro! I went short at 6172 with SL at 6250 and she came within 5 pips of closing me out. I've booked 125 on the move and I have 2 soldiers going towards 5930 and watch this 5890 .

I'm glad things are coming together for you bro! Keep up the hard work.
Just digging in the trenches like everyone else!
  • #14,497
  • Jun 5, 2009 9:15am Jun 5, 2009 9:15am
Quoting rt4x
Good morning to ALL,
EO had asked me about my son (the surgery guy) so I will share with all of you that it has been a wonderful success and has already lost about 40 lbs. of weight in such a short time (60-70 more to go)... I have been very busy out of forex but still try to keep up with this wonderful thread.
Kids are out of school and I am driving to Florida as I write this to vacation there and in the country of Panama...will be back to take my share of GREEN pips in July.

QUESTION: I am considering opening an account with Dukascopy...anyone...
OUTSTANDING news! Thank you for the update! Enjoy your vacation, the pips will be here waiting for you when you get back. I don't know anything about Dukascopy, just do your homework on them before unloading a large deposit into an account.
Just digging in the trenches like everyone else!
  • #14,498
  • Jun 5, 2009 9:15am Jun 5, 2009 9:15am
Wow missed out on some pips but had a nice breakfast with the wife. I see you guys have been scoring some nice green pips.
  • #14,499
  • Jun 5, 2009 9:18am Jun 5, 2009 9:18am
Quoting PippiNole
Wow missed out on some pips but had a nice breakfast with the wife. I see you guys have been scoring some nice green pips.
Tell the wife, since you missed out on another gangbang, she owes you HS.
Just digging in the trenches like everyone else!
  • #14,500
  • Jun 5, 2009 9:20am Jun 5, 2009 9:20am
Quoting rt4x
Good morning to ALL,
EO had asked me about my son (the surgery guy) so I will share with all of you that it has been a wonderful success and has already lost about 40 lbs. of weight in such a short time (60-70 more to go)... I have been very busy out of forex but still try to keep up with this wonderful thread.
Kids are out of school and I am driving to Florida as I write this to vacation there and in the country of Panama...will be back to take my share of GREEN pips in July.

QUESTION: I am considering opening an account with Dukascopy...anyone...
Congratulations, sure your son will feel better soon. Enjoy your non recover value: FAMILY TIME..... For sure FX will wait you...
"Even A Thousand Mile Journey Begins with the First Step"
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