Trade what you see NOT what you expect | Page 822 | Forex Factory

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Trade what you see NOT what you expect

  • #16,421
  • Jun 23, 2009 8:54am Jun 23, 2009 8:54am
Quoting Shilva
I bought the dip when the first 4h candle of the euro session closed bullish.

entered at 6285...took 20, 40 and 72

flat now waiting on NY session to decide...lot of stuff going on on 4h...ma's and tl's

Way to go .....
Good Trading To All ; Ken Lee
  • #16,422
  • Jun 23, 2009 9:27am Jun 23, 2009 9:27am
6300 is putting up a good fight.
Hi, my name is Barry and you can keep your doctor...
  • #16,423
  • Jun 23, 2009 9:32am Jun 23, 2009 9:32am
nice top formation on 1hour chart, at the 62ema

did anyone short?? ifailed to do so but covered my longs....
Trading is 80% Emotional, 20% Technical
  • #16,424
  • Jun 23, 2009 9:35am Jun 23, 2009 9:35am
Quoting fx local
nice top formation on 1hour chart, at the 62ema

did anyone short?? ifailed to do so but covered my longs....
Yes, I'm short on GU and EJ.
  • #16,425
  • Jun 23, 2009 9:48am Jun 23, 2009 9:48am
anyone notice a H&S on the 1hr?
Forex Trading Advisors
  • #16,426
  • Jun 23, 2009 9:52am Jun 23, 2009 9:52am
Quoting F.T.A
anyone notice a H&S on the 1hr?
nope cant see it :nerd:
Trading is 80% Emotional, 20% Technical
  • #16,427
  • Jun 23, 2009 9:58am Jun 23, 2009 9:58am
Quoting fx local
nope cant see it :nerd:

See it now?
Attached Image (click to enlarge)
Click to Enlarge Name: H&S.JPG Size: 117 KB
Forex Trading Advisors
  • #16,428
  • Jun 23, 2009 10:00am Jun 23, 2009 10:00am
Quoting F.T.A
See it now?
thats not a H+S rest assured
Trading is 80% Emotional, 20% Technical
  • #16,429
  • Jun 23, 2009 10:01am Jun 23, 2009 10:01am
Quoting fx local
thats not a H+S rest assured

Its not a geometric H&S, thats all
Forex Trading Advisors
  • #16,430
  • Jun 23, 2009 10:04am Jun 23, 2009 10:04am
Quoting F.T.A
Its not a geometric H&S, thats all
yeah whatever, it aint a H+S
Trading is 80% Emotional, 20% Technical
  • #16,431
  • Jun 23, 2009 10:07am Jun 23, 2009 10:07am
Quoting F.T.A
See it now?

Right shoulder seems a bit to low yet..
Good Trading To All ; Ken Lee
  • #16,432
  • Jun 23, 2009 10:10am Jun 23, 2009 10:10am
Quoting KENNETH lEE
Right shoulder seems a bit to low yet..

Now this is a better answer, thanks.

The guy above is just rude.
Forex Trading Advisors
  • #16,433
  • Jun 23, 2009 10:14am Jun 23, 2009 10:14am
Hey guys lets not split hairs over whether this is a H&S or not. The trade was the short off the 62 ema. It gave you 5 opportunities on the 15 min chart and 3 opportunities on the 1 hr. chart.
  • #16,434
  • Jun 23, 2009 10:18am Jun 23, 2009 10:18am
Quoting PippiNole
Hey guys lets not split hairs over whether this is a H&S or not. The trade was the short off the 62 ema. It gave you 5 opportunities on the 15 min chart and 3 opportunities on the 1 hr. chart.

I want to know how you took all 8.. i took 2 off the 62 ema and just closed a long off the 35 re-test.

And had taken a long off the 61.8 fib level.around 1.6270 area
Good Trading To All ; Ken Lee
  • #16,435
  • Jun 23, 2009 10:20am Jun 23, 2009 10:20am
Darn Missed the E/J 62 ema touch...
Good Trading To All ; Ken Lee
  • #16,436
  • Jun 23, 2009 10:23am Jun 23, 2009 10:23am
Quoting KENNETH lEE
I want to know how you took all 8.. i took 2 off the 62 ema and just closed a long off the 35 re-test.

And had taken a long off the 61.8 fib level.around 1.6270 area
I had to get back in once but with positive pips already in the bank. I still have a short but did make some nice pips off the 35/50 long and have one of those left also.

EJ gave me 100 on this short. They both went down together again.
  • #16,437
  • Jun 23, 2009 10:23am Jun 23, 2009 10:23am
Quoting analizer
I took a short trade at 1.6361 with tight SL (+1 now) based on 1hr TF 62 MA & 50fibo rebound, also 15min 248 MA rebound.
Closed 3/4 at 1.6290 (15m 35MA), let one soldier on the way ....
"Even A Thousand Mile Journey Begins with the First Step"
  • #16,438
  • Jun 23, 2009 10:26am Jun 23, 2009 10:26am
Quoting analizer
Closed 3/4 at 1.6290 (15m 35MA), let one soldier on the way ....
Very nice!
  • #16,439
  • Jun 23, 2009 10:26am Jun 23, 2009 10:26am
clear H+S pattern forming on geppy daily chart if any1 interested!!!
Trading is 80% Emotional, 20% Technical
  • #16,440
  • Jun 23, 2009 10:26am Jun 23, 2009 10:26am
Quoting KENNETH lEE
I want to know how you took all 8.. i took 2 off the 62 ema and just closed a long off the 35 re-test.

And had taken a long off the 61.8 fib level.around 1.6270 area
Good trading Ken

Pippi's keyboard skills are that slow I'm amazed he can take one trade, never mind 8 (sorry Pippi - I'm only jealous)
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