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Trade what you see NOT what you expect

  • #16,981
  • Jul 2, 2009 8:47am Jul 2, 2009 8:47am
Quoting cisco
This current shampoo has the potential to put us in the 6100 neighborhood. It might be a winding road, though.
My next tp on my short position is at 6275. The h4 candle that closes in 2h 15m will determine if I close my short position out or not.
Just digging in the trenches like everyone else!
  • #16,982
  • Jul 2, 2009 8:49am Jul 2, 2009 8:49am
Quoting eohater
Good morning everyone! I hope everyone has had a nice ride on the short bus. I don't think we're done going down.
Good morning Sir.... The short bus is still rolling....... the shampoo is still in play and my target for that is around 628x... after that, its the conditioner....
Patience + Discipline - Greed = Success
  • #16,983
  • Jul 2, 2009 8:50am Jul 2, 2009 8:50am
Quoting eohater
My next tp on my short position is at 6275. The h4 candle that closes in 2h 15m will determine if I close my short position out or not.
loooly.... we're seeing the same thing bro!
Patience + Discipline - Greed = Success
  • #16,984
  • Jul 2, 2009 8:51am Jul 2, 2009 8:51am
Quoting Infinity
loooly.... we're seeing the same thing bro!
Twins bro! Glad we're on the same page today!
Just digging in the trenches like everyone else!
  • #16,985
  • Jul 2, 2009 8:54am Jul 2, 2009 8:54am
I'm thinking of taking a nibble long at 6325.
Hi, my name is Barry and you can keep your doctor...
  • #16,986
  • Jul 2, 2009 8:54am Jul 2, 2009 8:54am
Quoting eohater
Twins bro! Glad we're on the same page today!
Yeah bro.... once we clear the dblhc on h4... it should be smooth sailing..
Patience + Discipline - Greed = Success
  • #16,987
  • Jul 2, 2009 8:55am Jul 2, 2009 8:55am
Quoting Infinity
Yeah bro.... once we clear the dblhc on h4... it should be smooth sailing..
That's our only obstacle I believe as well! Let's smash her well! BTW, I'm from 6510
Just digging in the trenches like everyone else!
  • #16,988
  • Jul 2, 2009 8:56am Jul 2, 2009 8:56am
Quoting cisco
I'm thinking of taking a nibble long at 6325.
I may try one at 627x-8x..
Patience + Discipline - Greed = Success
  • #16,989
  • Jul 2, 2009 8:58am Jul 2, 2009 8:58am
Quoting cisco
I'm thinking of taking a nibble long at 6325.
I can see that, but we take out the dblhc on the h4 price, we'll see 627x rather quick. I'll be considering one there as well.
Just digging in the trenches like everyone else!
  • #16,990
  • Jul 2, 2009 8:59am Jul 2, 2009 8:59am
Quoting eohater
That's our only obstacle I believe as well! Let's smash her well! BTW, I'm from 6510
excellent price bro... I was in from 6498... took profit at 6350... added again at 6420 took profit again at 6350..
Patience + Discipline - Greed = Success
  • #16,991
  • Jul 2, 2009 9:03am Jul 2, 2009 9:03am
factory orders numbers are good... may form a temp bottom here...
Patience + Discipline - Greed = Success
  • #16,992
  • Jul 2, 2009 9:07am Jul 2, 2009 9:07am
Quoting Infinity
excellent price bro... I was in from 6498... took profit at 6350... added again at 6420 took profit again at 6350..
Nice brother! I loaded up yesterday when I got back from lunch on her and she never went back. Honestly, I was expecting price to take me out last night during the Asian Session. Got back in though before London open and booked some profit and kept her moving south.
Just digging in the trenches like everyone else!
  • #16,993
  • Jul 2, 2009 9:08am Jul 2, 2009 9:08am
Quoting Infinity
factory orders numbers are good... may form a temp bottom here...
maybe not.....lool
Patience + Discipline - Greed = Success
  • #16,994
  • Jul 2, 2009 9:13am Jul 2, 2009 9:13am
Quoting eohater
Nice brother! I loaded up yesterday when I got back from lunch on her and she never went back. Honestly, I was expecting price to take me out last night during the Asian Session. Got back in though before London open and booked some profit and kept her moving south.
Excellent job bro!.... Our dblhc has been breached... now we need to close below it in the next two hours...
Patience + Discipline - Greed = Success
  • #16,995
  • Jul 2, 2009 9:13am Jul 2, 2009 9:13am
Quoting Infinity
maybe not.....lool
Just digging in the trenches like everyone else!
  • #16,996
  • Jul 2, 2009 9:15am Jul 2, 2009 9:15am
Quoting Infinity
Excellent job bro!.... Our dblhc has been breached... now we need to close below it in the next two hours...
Hell yeah! As others know, and as well Cisco, buyers are here, but will they tire and give it back to the sellers? Next two hours will determine that.
Just digging in the trenches like everyone else!
  • #16,997
  • Jul 2, 2009 9:21am Jul 2, 2009 9:21am
Quoting eohater
Hell yeah! As others know, and as well Cisco, buyers are here, but will they tire and give it back to the sellers? Next two hours will determine that.
I think there is every indication that this is going to go up, as you say we will have to wait to see
  • #16,998
  • Jul 2, 2009 9:24am Jul 2, 2009 9:24am
Dow volumes are very light, holiday week, etc. I don't know if forex volume is light or not, but it seems rather subdued to me.
Hi, my name is Barry and you can keep your doctor...
  • #16,999
  • Jul 2, 2009 9:24am Jul 2, 2009 9:24am
Hey guys I am enjoying the short ride on Mrs. from 6518 and added back after the news at 6377. I'm also short the Mistress from 136.61. It was a pretty good night.
  • #17,000
  • Jul 2, 2009 9:32am Jul 2, 2009 9:32am
Quoting davids
I think there is every indication that this is going to go up, as you say we will have to wait to see
Now is the time to go long for sure vs entering short, but I'm sticking with my short position for the time being. As we always say, we pick entries with a controlled risk. We know where our SL should be from here on a long.
Just digging in the trenches like everyone else!
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