Trade what you see NOT what you expect | Page 933 | Forex Factory

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Trade what you see NOT what you expect

  • #18,641
  • Jul 14, 2009 9:39am Jul 14, 2009 9:39am
Quoting davids
Whats the distance of your stop from your order in pips
my SL is at 6270 5pips below the hammer
  • #18,642
  • Jul 14, 2009 9:39am Jul 14, 2009 9:39am
Quoting eohater
I'm starting to question my long position.
I agree looking a little bearish right now but its early days
  • #18,643
  • Jul 14, 2009 9:41am Jul 14, 2009 9:41am
Quoting Isty
my SL is at 6270 5pips below the hammer
just stopped out....30 pips minus...
  • #18,644
  • Jul 14, 2009 9:41am Jul 14, 2009 9:41am
Quoting Isty
my SL is at 6270 5pips below the hammer
Sorry this does not mean anything to me as I have no idea where your order is at
  • #18,645
  • Jul 14, 2009 9:43am Jul 14, 2009 9:43am
Quoting Infinity
Nice chart! That scenario is quite possible... I will be a buyer down there if we get there...
Thanx Infinity...i just wished that it would not happen...
  • #18,646
  • Jul 14, 2009 9:45am Jul 14, 2009 9:45am
My original entry was 6232... I've taken 100 pips profit on it already but the stop is set at +15.. I think this is just a retracement but let's see..
Patience + Discipline - Greed = Success
  • #18,647
  • Jul 14, 2009 9:45am Jul 14, 2009 9:45am
Quoting davids
Sorry this does not mean anything to me as I have no idea where your order is at
Sorry for the confusion...I went long at 6300 and stopped out at 6270
  • #18,648
  • Jul 14, 2009 9:46am Jul 14, 2009 9:46am
Quoting Infinity
My original entry was 6232... I've taken 100 pips profit on it already but the stop is set at +15.. I think this is just a retracement but let's see..

what will convince you that it is not a retracement?
Forex Trading Advisors
  • #18,649
  • Jul 14, 2009 9:48am Jul 14, 2009 9:48am
Quoting F.T.A
what will convince you that it is not a retracement?
If we close below the tl the Itsy posted and the h4 10/50ema in a little over an hour..
Patience + Discipline - Greed = Success
  • #18,650
  • Jul 14, 2009 9:49am Jul 14, 2009 9:49am
Quoting Infinity
If we close below the tl the Itsy posted and the h4 10/50ema in a little over an hour..
sounds good, thanks.
Forex Trading Advisors
  • #18,651
  • Jul 14, 2009 9:57am Jul 14, 2009 9:57am
I sometimes wonder if news is just found to connect to an event ???

 

  1. this just posted on fxcm daily

  2.  

    1. 14 Jul 15:50:25 EQUITIES: Weakness in the technology sector weighing on prices and in turn forcing some fresh selling of currencies against the USD and Yen.

who knows what to believe?

  • #18,652
  • Jul 14, 2009 10:01am Jul 14, 2009 10:01am
I am sure Pippi took this .


strong bounce off the eur/jpy 200 ma and daily pivot atround 129.42

lets see what materialises
  • #18,653
  • Jul 14, 2009 10:03am Jul 14, 2009 10:03am
Quoting robgsxr
I am sure Pippi took this .


strong bounce off the eur/jpy 200 ma and daily pivot atround 129.42

lets see what materialises
Yep and I also took a long on GU at 6260.
  • #18,654
  • Jul 14, 2009 10:06am Jul 14, 2009 10:06am
I am a little slower than you still 1.6270

Lets see if it can replace my losses on the original long that was stopped out
  • #18,655
  • Jul 14, 2009 10:06am Jul 14, 2009 10:06am
My M15 ma's started to pointing south,and the last H1 close below the 10, so it is supporting shorts...I may try some short by the 10 ma on M15
  • #18,656
  • Jul 14, 2009 10:07am Jul 14, 2009 10:07am
Quoting PippiNole
Yep and I also took a long on GU at 6260.
Pip. can see the e/y, but why g/u at1.6260?
  • #18,657
  • Jul 14, 2009 10:09am Jul 14, 2009 10:09am
Quoting FOURX
Pip. can see the e/y, but why g/u at1.6260?

maybe cuz of the lower low, which means a lower high must be made, but it should be a short term trade.
Forex Trading Advisors
  • #18,658
  • Jul 14, 2009 10:11am Jul 14, 2009 10:11am
Quoting PippiNole
Yep and I also took a long on GU at 6260.
Good job bro! You picked a cherry there! With the m15 hammer and the following bullish candle, we should touch 6276 and continue upwards. Let's see how this turns out.
Just digging in the trenches like everyone else!
  • #18,659
  • Jul 14, 2009 10:12am Jul 14, 2009 10:12am
Quoting F.T.A
maybe cuz of the lower low, which means a lower high must be made, but it should be a short term trade.
hes gone long FTA
  • #18,660
  • Jul 14, 2009 10:15am Jul 14, 2009 10:15am
Quoting eohater
Good job bro! You picked a cherry there! With the m15 hammer and the following bullish candle, we should touch 6276 and continue upwards. Let's see how this turns out.
EO. pip must have entered before the hammer had completed, that is whyi've asked for his basis for entry
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