Trade what you see NOT what you expect | Page 748 | Forex Factory

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Trade what you see NOT what you expect

  • #14,941
  • Jun 9, 2009 11:24pm Jun 9, 2009 11:24pm
Quoting eohater
That's where I came from. I use to only trade the h4 candles. Once you can understand how to read your daily, h4, h1 candles, the 15m for entry and management become easier.

I'm starting to understand that concept now. :nerd:

HOLLA
  • #14,942
  • Jun 9, 2009 11:27pm Jun 9, 2009 11:27pm
Lots of news tomorrow...will start looking for a new entry! :nerd:

Catch ya in the US session...

HOLLA
  • #14,943
  • Jun 10, 2009 12:19am Jun 10, 2009 12:19am
Quoting Turtle
Lots of news tomorrow...will start looking for a new entry! :nerd:

Catch ya in the US session...

HOLLA
see you around mate..and dont go dopping those mafian shit,2day..rainy day ...HOLLA
Imanuel Parsifal
  • #14,944
  • Jun 10, 2009 12:50am Jun 10, 2009 12:50am
Quoting eohater
That's a nice R:R trade. I know it's 8:30pm for you now, so I understand that your evening is winding down. If you can get back to the charts in 4-5 hours, you might get a nice clean entry. 6375 might not get hit or it might.
triggered
  • #14,945
  • Jun 10, 2009 12:59am Jun 10, 2009 12:59am
Quoting BenScoobert
triggered

Don't you love it when a plan comes together..
Good Trading To All ; Ken Lee
  • #14,946
  • Jun 10, 2009 2:11am Jun 10, 2009 2:11am
is this now a good place to enter long off the 21 EMA??
Bit of a decision to make here!
Keep It Simple Stupid
  • #14,947
  • Jun 10, 2009 2:22am Jun 10, 2009 2:22am
Quoting Alastair
is this now a good place to enter long off the 21 EMA??
Bit of a decision to make here!
Would have been , same on E/J As far as a long term trade.Not sure.
Good Trading To All ; Ken Lee
  • #14,948
  • Jun 10, 2009 2:27am Jun 10, 2009 2:27am
Quoting KENNETH lEE
Would have been , same on E/J As far as a long term trade.Not sure.

The 4 hr chart is at a S/R area and the 61.8% fib level. So we COULD turn here but might wait on the news in a hour.
Good Trading To All ; Ken Lee
  • #14,949
  • Jun 10, 2009 2:30am Jun 10, 2009 2:30am
Quoting KENNETH lEE
The 4 hr chart is at a S/R area and the 61.8% fib level. So we COULD turn here but might wait on the news in a hour.
CHART 4 HR.
Attached Image (click to enlarge)
Click to Enlarge Name: misc GBP Chart.JPG Size: 98 KB
Good Trading To All ; Ken Lee
  • #14,950
  • Jun 10, 2009 2:31am Jun 10, 2009 2:31am
Test daily pivot day -4. Short 1.6400. SL + 8 pips !
Attached Image (click to enlarge)
Click to Enlarge Name: 100609.gif Size: 67 KB
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #14,951
  • Jun 10, 2009 3:00am Jun 10, 2009 3:00am
Quoting Alastair
is this now a good place to enter long off the 21 EMA??
Bit of a decision to make here!
closed for +40. makes me feel better about my loss yesterday.
Keep It Simple Stupid
  • #14,952
  • Jun 10, 2009 3:18am Jun 10, 2009 3:18am
Quoting Alastair
closed for +40. makes me feel better about my loss yesterday.

Way to go , Gald to hear it..
Good Trading To All ; Ken Lee
  • #14,953
  • Jun 10, 2009 3:25am Jun 10, 2009 3:25am
news in 4 min
Good Trading To All ; Ken Lee
  • #14,954
  • Jun 10, 2009 5:00am Jun 10, 2009 5:00am
Hold at M15/50-62 ema. Down to DP today 1.6218 ?
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #14,955
  • Jun 10, 2009 6:53am Jun 10, 2009 6:53am
anyone feel the urge to long off the 10/21 EMA?
Keep It Simple Stupid
  • #14,956
  • Jun 10, 2009 7:05am Jun 10, 2009 7:05am
Quoting Alastair
anyone feel the urge to long off the 10/21 EMA?
yeah!!i feel like blowing my acc...hahha..lol..papa aint raise no quita...HOLLA
Imanuel Parsifal
  • #14,957
  • Jun 10, 2009 7:09am Jun 10, 2009 7:09am
Quoting Alastair
anyone feel the urge to long off the 10/21 EMA?
I did already but took 10 got out news in 20 .. I don't trade during news. My broker isn't good for news.
Good Trading To All ; Ken Lee
  • #14,958
  • Jun 10, 2009 7:24am Jun 10, 2009 7:24am
I sure wanted to jump on that 21 ema on both pairs.. But I didn't with the news comiing out. Both worth about 20 right out the gate.
Good Trading To All ; Ken Lee
  • #14,959
  • Jun 10, 2009 7:57am Jun 10, 2009 7:57am
35 sma trade on E/J was a pretty safe bet.. I took the gbp also but didn't like that it had closed below 400.. flat now
Attached Image (click to enlarge)
Click to Enlarge Name: Misc EJ Chart.JPG Size: 138 KB
Good Trading To All ; Ken Lee
  • #14,960
  • Jun 10, 2009 8:30am Jun 10, 2009 8:30am
Quoting cisco
I think you'll see 1.6375...maybe more.

It wouldn't surprise me to see 1.6433 tested again.
I hope the longs didn't bail out too early.
Hi, my name is Barry and you can keep your doctor...
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