Trade what you see NOT what you expect | Page 739 | Forex Factory

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Trade what you see NOT what you expect

  • #14,761
  • Jun 8, 2009 11:57am Jun 8, 2009 11:57am
Quoting eohater
Thanks for the channel eye on the h1. I'm thinking lower overall as well, I definately do not want the daily to close in the 60xx's Buyers will be coming out of the woodwork.
I think buyers are already on the field.
It went up from 5804 to 6034 this morning, while all markets were down.
It looks like risk aversion now applies to the pound.
  • #14,762
  • Jun 8, 2009 11:57am Jun 8, 2009 11:57am
Quoting Infinity
Took some profit... remember that we are above all the crucial ma's at the moment... so approach with caution...

I have just been scalping both pairs . Touch to touch off ma's. learning to have a ma insight for most entries. To go for a LONG TERM short I would prefer to break and retest. E/J has had some nice confriming ma's on all time frames. Thanks for the heads up ..
Good Trading To All ; Ken Lee
  • #14,763
  • Jun 8, 2009 12:00pm Jun 8, 2009 12:00pm
I was stopped out just now at +2... I see this going up to 6050...
Patience + Discipline - Greed = Success
  • #14,764
  • Jun 8, 2009 12:03pm Jun 8, 2009 12:03pm
Quoting Infinity
I was stopped out just now at +2... I see this going up to 6050...
That is where I have a 1hr. 62 on my Oanda charts.
  • #14,765
  • Jun 8, 2009 12:04pm Jun 8, 2009 12:04pm
the 6030 area was support turned to resistance end of last week if i remember correctly..

6060 is looking nice for a short if we hit it!
  • #14,766
  • Jun 8, 2009 12:04pm Jun 8, 2009 12:04pm
Quoting PippiNole
That is where I have a 1hr. 62 on my Oanda charts.
6055 on mine..
Good Trading To All ; Ken Lee
  • #14,767
  • Jun 8, 2009 12:06pm Jun 8, 2009 12:06pm
Lunch time for me....
Patience + Discipline - Greed = Success
  • #14,768
  • Jun 8, 2009 12:09pm Jun 8, 2009 12:09pm
Quoting eohater
The h1 62 is at 6060, but your h1 50 and 15m 200 is in line at 603x

i got it. i have to open both my eyes
Never sell @ lower upward channel unless breacked and vise versa .
  • #14,769
  • Jun 8, 2009 12:23pm Jun 8, 2009 12:23pm
Quoting Infinity
Lunch time for me....
how can you so close to the 62?
  • #14,770
  • Jun 8, 2009 12:25pm Jun 8, 2009 12:25pm
i can see 6073 good point to short
Never sell @ lower upward channel unless breacked and vise versa .
  • #14,771
  • Jun 8, 2009 12:26pm Jun 8, 2009 12:26pm
Quoting WedWed
i can see 6073 good point to short
6060 im in already
  • #14,772
  • Jun 8, 2009 12:30pm Jun 8, 2009 12:30pm
Quoting BenScoobert
how can you so close to the 62?
I had my lunch to go ... Took a short myself at 6062... stop above 6100 for now...
Patience + Discipline - Greed = Success
  • #14,773
  • Jun 8, 2009 12:32pm Jun 8, 2009 12:32pm
Quoting Infinity
I had my lunch to go ... Took a short myself at 6062... stop above 6100 for now...
I put my sl at BE, if we go above ill look for a different entry...........just triggered :-(
  • #14,774
  • Jun 8, 2009 12:36pm Jun 8, 2009 12:36pm
Quoting BenScoobert
I put my sl at BE, if we go above ill look for a different entry...........just triggered :-(
if this h1 closes convincingly above the 62ema... I'm out...
Patience + Discipline - Greed = Success
  • #14,775
  • Jun 8, 2009 12:36pm Jun 8, 2009 12:36pm
Quoting BenScoobert
6060 im in already

Great.. i am in station 6073 if i dont find the train.. it fine
Never sell @ lower upward channel unless breacked and vise versa .
  • #14,776
  • Jun 8, 2009 12:38pm Jun 8, 2009 12:38pm
Quoting Infinity
if this h1 closes convincingly above the 62ema... I'm out...
look at the h4 50MA 1.6100, i think i may add to a short there
  • #14,777
  • Jun 8, 2009 12:39pm Jun 8, 2009 12:39pm
Quoting BenScoobert
I put my sl at BE, if we go above ill look for a different entry...........just triggered :-(

r u going to jump again @ 6073
Never sell @ lower upward channel unless breacked and vise versa .
  • #14,778
  • Jun 8, 2009 12:40pm Jun 8, 2009 12:40pm
Quoting WedWed
r u going to jump again @ 6073
I got back in a little higher than before

dont assume i know what im doing though
  • #14,779
  • Jun 8, 2009 12:41pm Jun 8, 2009 12:41pm
Quoting BenScoobert
I got back in a little higher than before

dont assume i know what im doing though

Never sell @ lower upward channel unless breacked and vise versa .
  • #14,780
  • Jun 8, 2009 12:42pm Jun 8, 2009 12:42pm
Closed all but one long and I'm short at 6065 with a tight stop.
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