Trade what you see NOT what you expect | Page 801 | Forex Factory

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Trade what you see NOT what you expect

  • #16,001
  • Jun 18, 2009 9:36am Jun 18, 2009 9:36am
hey guys what does dblhc stand for?
  • #16,002
  • Jun 18, 2009 9:36am Jun 18, 2009 9:36am
Quoting PippiNole
I'm still long with you but my judgement may be off for the rest of the day after seeing the 4 hr chart.
After seeing those bottoms on the h4... which man wouldn't be long...

Patience + Discipline - Greed = Success
  • #16,003
  • Jun 18, 2009 9:36am Jun 18, 2009 9:36am
Quoting Infinity
I didn't take the short, I am still long mainly because of what I see on h4...

Hello Infinity I agree I think longs are a better beat right now, nice 4H chart you posted btw
  • #16,004
  • Jun 18, 2009 9:36am Jun 18, 2009 9:36am
Quoting davids
Hello Mate

How things.
Things are good just waiting for her to bust these 1HR/4HR trendlines.

HOLLA
  • #16,005
  • Jun 18, 2009 9:37am Jun 18, 2009 9:37am
Quoting ezodisy
hey guys what does dblhc stand for?
double bar low higher close....
Patience + Discipline - Greed = Success
  • #16,006
  • Jun 18, 2009 9:42am Jun 18, 2009 9:42am
Quoting Infinity
double bar low higher close....
I have a question...I was taught that the 2nd bar has to close higher that the previous bar high???

Or are you just going by the close of the 2nd bar? :nerd:

HOLLA
  • #16,007
  • Jun 18, 2009 9:44am Jun 18, 2009 9:44am
see the ping pong on the M5 chart
  • #16,008
  • Jun 18, 2009 9:44am Jun 18, 2009 9:44am
My 4H candle closes in 1 hour 15 mins I will post it when it closes
  • #16,009
  • Jun 18, 2009 9:45am Jun 18, 2009 9:45am
Quoting Infinity
After seeing those bottoms on the h4... which man wouldn't be long...

  • #16,010
  • Jun 18, 2009 9:45am Jun 18, 2009 9:45am
Quoting Turtle
I have a question...I was taught that the 2nd bar has to close higher that the previous bar high???

Or are you just going by the close of the 2nd bar? :nerd:

HOLLA
I've heard people say that but from my experience, it doesn't... I go off the close of the second bar..

Here are two examples from our recent h4 of both dblhc and dbhlc...(double bar low higher close and double bar high lower close)..
Attached Image
Patience + Discipline - Greed = Success
  • #16,011
  • Jun 18, 2009 9:45am Jun 18, 2009 9:45am
Quoting BenScoobert
see the ping pong on the M5 chart
Hi Ben

Hows the train driver training going, which company are you with.

Cheers
David
  • #16,012
  • Jun 18, 2009 9:48am Jun 18, 2009 9:48am
Quoting Infinity
I've heard people say that but from my experience, it doesn't... I go off the close of the second bar..

Here are two examples from our recent h4 of both dblhc and dbhlc...(double bar low higher close and double bar high lower close)..
Here is the one from yesterday...

Just like any other pattern in forex, it is not 100% guaranteed but it is very reliable...
Attached Image
Patience + Discipline - Greed = Success
  • #16,013
  • Jun 18, 2009 9:48am Jun 18, 2009 9:48am
Quoting davids
Hi Ben

Hows the train driver training going, which company are you with.

Cheers
David
Good thanks, driving in passenger service from Monday with a minder, for about 15 weeks.
Probably best to go by car for a while :-)

Northern Rail at Leeds
  • #16,014
  • Jun 18, 2009 9:49am Jun 18, 2009 9:49am
Quoting Infinity
I've heard people say that but from my experience, it doesn't... I go off the close of the second bar..

Here are two examples from our recent h4 of both dblhc and dbhlc...(double bar low higher close and double bar high lower close)..
It does make sense, considering the title has the word "close" at the end of it, not the word "high/low".

Thanks for the chart example, printed and added to my notes. :nerd:

HOLLA
  • #16,015
  • Jun 18, 2009 9:50am Jun 18, 2009 9:50am
Quoting Turtle
It does make sense, considering the title has the word "close" at the end of it, not the word "high/low".

Thanks for the chart example, printed and added to my notes. :nerd:

HOLLA
You're welcome brother!
Patience + Discipline - Greed = Success
  • #16,016
  • Jun 18, 2009 9:51am Jun 18, 2009 9:51am
Quoting Infinity
Here is the one from yesterday...

Just like any other pattern in forex, it is not 100% guaranteed but it is very reliable...
Thaks bro, and now she starts heading higher north again.

HOLLA
  • #16,017
  • Jun 18, 2009 9:52am Jun 18, 2009 9:52am
Quoting Turtle
Thaks bro, and now she starts heading higher north again.

HOLLA
It's the power of the pattern bro...
Patience + Discipline - Greed = Success
  • #16,018
  • Jun 18, 2009 9:53am Jun 18, 2009 9:53am
Quoting BenScoobert
Good thanks, driving in passenger service from Monday with a minder, for about 15 weeks.
Probably best to go by car for a while :-)

Northern Rail at Leeds
Thats excellent news.
Good Luck to you Mate
  • #16,019
  • Jun 18, 2009 9:54am Jun 18, 2009 9:54am
Quoting Infinity
Here is the one from yesterday...

Just like any other pattern in forex, it is not 100% guaranteed but it is very reliable...

Excellent charts bro I have added to my notes
  • #16,020
  • Jun 18, 2009 9:55am Jun 18, 2009 9:55am
Ok... from here now... anything can happen... I took some more profit on my long at 92 and moved the remainder to +100.. 92 was the high of the previous h4 bar and we need to close above the h1 tl I posted in order to continue moving up...
Patience + Discipline - Greed = Success
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