Trade what you see NOT what you expect | Page 871 | Forex Factory

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Trade what you see NOT what you expect

  • #17,401
  • Jul 6, 2009 3:57pm Jul 6, 2009 3:57pm
abandoned baby potential anyone?

EDIT: abandoned baby, a 50ma cross, retraced 100% of the big drop 14 hours ago

im selling without the 62 touch
  • #17,402
  • Jul 6, 2009 5:00pm Jul 6, 2009 5:00pm
Seeya guys.

Another 14 hours of screen tme is enough for today.

good trading
  • #17,403
  • Jul 6, 2009 7:43pm Jul 6, 2009 7:43pm
early asian........entered short at 6290........ up 18 at the moment
  • #17,404
  • Jul 6, 2009 7:54pm Jul 6, 2009 7:54pm
Quoting Shilva
early asian........entered short at 6290........ up 18 at the moment
Good job bro!
Just digging in the trenches like everyone else!
  • #17,405
  • Jul 6, 2009 8:01pm Jul 6, 2009 8:01pm
Quoting Shilva
early asian........entered short at 6290........ up 18 at the moment
just took 25 more
  • #17,406
  • Jul 7, 2009 12:59am Jul 7, 2009 12:59am
hi dear all
hi dear EO
  • #17,407
  • Jul 7, 2009 1:00am Jul 7, 2009 1:00am
Quoting hussin naiji
hi dear all
hi dear EO
hi 1.60 for GBPUSD
  • #17,408
  • Jul 7, 2009 1:17am Jul 7, 2009 1:17am
whats up Al. how you doing?
Keep It Simple Stupid
  • #17,409
  • Jul 7, 2009 1:28am Jul 7, 2009 1:28am
Hi Alastair

Lekker man. Shorted the 6am hangman at 6280 and smiling at the usual fall. Keen to see if this daily pin plays out but I like Hussin's view in his thread as echoed here.

Howz Joburg? Koud hey??

Quoting Alastair
whats up Al. how you doing?
Ride the Bulls bearback!
  • #17,410
  • Jul 7, 2009 1:36am Jul 7, 2009 1:36am
not used to this weather man! but its an excuse for some OB's!!
also shorted, got in at 6268, made 50 and got out.
all the best bro!
Keep It Simple Stupid
  • #17,411
  • Jul 7, 2009 4:41am Jul 7, 2009 4:41am
Morning EO. Your prediction became reality this morning as they so often do. Could I ask:

1 How did the 4 hr give you this information
2 Why did you chose 615x as the expected drop before reversing back up and not some other price?

I hope you don't mind to shed some light.

Rob

Quoting eohater
Turn of the h4, might bring sellers back to 615x area for more buyers.
  • #17,412
  • Jul 7, 2009 6:05am Jul 7, 2009 6:05am
this morning didnt go as i thought it would after the D1 close EO mentioned
  • #17,413
  • Jul 7, 2009 6:17am Jul 7, 2009 6:17am
Quoting Shilva
just took 25 more
I have the worst luck.....was short at 6290 early asian, up 40 and locked in 3, called it a night......stopped out by 4 right before she dropped 150!

GM all!
  • #17,414
  • Jul 7, 2009 6:20am Jul 7, 2009 6:20am
Hope everyone had an enjoyable weekend.

Long from 6185, took profit @+20 and +50 and covered.

Everyone trade safe out there today.

HOLLA
  • #17,415
  • Jul 7, 2009 6:50am Jul 7, 2009 6:50am
Quoting Isty
EO Let me ask you where did you put SL on your last short at 6290..I am in the same trade and my SL is at 6310, but I am afraid it is too tight...I put my TP at 6225 around those H1 dbhlc candles...
how did that play out for you? did you loosen the sl?
  • #17,416
  • Jul 7, 2009 7:05am Jul 7, 2009 7:05am
Quoting BenScoobert
how did that play out for you? did you loosen the sl?
Hello,

It was perfect as you said i put my SL at 6334 and during the night i did not touch it. Took my TP, and went long at 6185 right after that M15 nice hammer..I closed my longs at the last M15 candle by the 200 MA...so far I am happy
  • #17,417
  • Jul 7, 2009 7:09am Jul 7, 2009 7:09am
Quoting Shilva
I have the worst luck.....was short at 6290 early asian, up 40 and locked in 3, called it a night......stopped out by 4 right before she dropped 150!

GM all!
Sorry about that....next will work perfectly!!!
  • #17,418
  • Jul 7, 2009 7:22am Jul 7, 2009 7:22am
Man that sux! Sorry. Maybe after this option expiry at 16240 due for the next H1 close is out of the way, we can see some decent movement again.

I dont really pay too much attention to gartley patterns but there is a possibility of 2 bearish gartleys playing out which may take us to higher if it does. A m15 gartley to the 6270 level is on the cards and also a larger one on the h1 takes us to the 16330 area for a big fall. Watching with interest to see if it plays out but scalping the tennis PA for some, none, and some more.

She keeps getting a smack on her bottom so I struggle to trade the longs and hold but the only thing weaker than the £ this morning has been the $.



Quoting Shilva
I have the worst luck.....was short at 6290 early asian, up 40 and locked in 3, called it a night......stopped out by 4 right before she dropped 150!

GM all!
Ride the Bulls bearback!
  • #17,419
  • Jul 7, 2009 7:27am Jul 7, 2009 7:27am
Quoting alcando
Man that sux! Sorry. Maybe after this option expiry at 16240 due for the next H1 close is out of the way, we can see some decent movement again.

I dont really pay too much attention to gartley patterns but there is a possibility of 2 bearish gartleys playing out which may take us to higher if it does. A m15 gartley to the 6270 level is on the cards and also a larger one on the h1 takes us to the 16330 area for a big fall. Watching with interest to see if it plays out but scalping the tennis PA for some, none, and some more.

She keeps getting...
hi Al, how is yur indicator working? I am to much of an ID10T to get it to work on my platform. not using MetaTrader here.
  • #17,420
  • Jul 7, 2009 7:31am Jul 7, 2009 7:31am
I dont have an indicator for it. But just noticed the pattern forming on M15 and H1 so did the math. Either way it is a bearish picture ultimately but we may still head for the target levels especially if a bank is supporting the 6240 area to not lose an option expiry.

Quoting Shilva
hi Al, how is yur indicator working? I am to much of an ID10T to get it to work on my platform. not using MetaTrader here.
Ride the Bulls bearback!
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