Trade what you see NOT what you expect | Page 954 | Forex Factory

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Why did you start trading and what do you expect from it? 19 replies

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Trade What You See And Not What You Hope 0 replies

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Trade what you see NOT what you expect

  • #19,061
  • Jul 16, 2009 11:05am Jul 16, 2009 11:05am
Capitalism is for the people. What better way for the people to participate in the dream then to own Energy, Health-care and Banking. Put these companies on a Civil Service pay scale and give the profits back to the people.

Call me a communist pig....I don't care. As long as the people can vote the gov has to listen or we will fire them like we did the last bunch!

Get the Guns!
  • #19,062
  • Jul 16, 2009 11:05am Jul 16, 2009 11:05am
So my H4 closed as my previous post now I am wondering if the trading world sees it as bearish and hence will look for short opportunities.....

I hope you don't mind my questions I am just trying to sharpen another tool in the arsenal



Quoting eohater
Crunch time guys! We have 30m left on the h4. She's standing like a tall pin right now, but that could all change in 30m. Remember, it just the prior h4 was a dblhc, so will this h4 complete a bullish move or stay as a pin. Let's see what she gives us in 30m.
  • #19,063
  • Jul 16, 2009 11:08am Jul 16, 2009 11:08am
Quoting eohater
Post it if you would. Thank you!
4h closed one hour ago (4pm London time).
Attached Image (click to enlarge)
Click to Enlarge Name: 4h.JPG Size: 161 KB
'The past will always show us the future'
  • #19,064
  • Jul 16, 2009 11:09am Jul 16, 2009 11:09am
Quoting KENNETH lEE
The different levels of education on those topics is so great that a sane conversation is rarely achievable.
well said.

thanks eohater (and everyone else) for your effort. I've been wanting to learn more about using ma, so stumbled in here. great stuff.

I have one question.... what's squirrel beer?
  • #19,065
  • Jul 16, 2009 11:11am Jul 16, 2009 11:11am
Whoops this overlapped with my last post...

So a pin is the definition I posted of a shooting star....

Just one more thing do you refer to a candle as a pin whether it is at the top or bottom of a move, just as long as it is " Long upper wick, no body and a small lower wick"



Quoting eohater
My h4 just closed, at the time I made the comment, it was shaping up as a pin and that's exactly how it closed. Long upper wick, no body and a small lower wick. This supports shorting her back down.
  • #19,066
  • Jul 16, 2009 11:13am Jul 16, 2009 11:13am
Quoting robgsxr
Whoops this overlapped with my last post...

So a pin is the definition I posted of a shooting star....

Just one more thing do you refer to a candle as a pin whether it is at the top or bottom of a move, just as long as it is " Long upper wick, no body and a small lower wick"
I think the technical of a pin is the wick should be 2 to 2.5 times the length of the body and on one side if egual sides it is a spinning top or a doji if NO body..
Good Trading To All ; Ken Lee
  • #19,067
  • Jul 16, 2009 11:20am Jul 16, 2009 11:20am
Thanks for the extra clarity Ken.

my final question is whether the shooting star and the inverted hammer can both be called "pins" for short.



Quoting KENNETH lEE
I think the technical of a pin is the wick should be 2 to 2.5 times the length of the body and on one side if egual sides it is a spinning top or a doji if NO body..
  • #19,068
  • Jul 16, 2009 11:21am Jul 16, 2009 11:21am
Quoting KENNETH lEE
I think the technical of a pin is the wick should be 2 to 2.5 times the length of the body and on one side if equal sides it is a spinning top or a doji if NO body..
If the pin doesn't have a small wick opposite the long wick it is still a pin but might not have the strength of the hangman or shooting star the small wick tells us that price did try to move in the opposite direction and then continued and pulled back .. without a small wick price is just trying to continue and being held back and hasn't even tried to turn yet...MY FEW. !!!
Good Trading To All ; Ken Lee
  • #19,069
  • Jul 16, 2009 11:22am Jul 16, 2009 11:22am
Here's some humor for the lazy ass day were having. If anyone is offended, I will remove at once:

Inserted Video
Just digging in the trenches like everyone else!
  • #19,070
  • Jul 16, 2009 11:26am Jul 16, 2009 11:26am






Quoting eohater
Here's some humor for the lazy ass day were having. If anyone is offended, I will remove at once:

http://www.youtube.com/watch?v=WhwbxEfy7fg
  • #19,071
  • Jul 16, 2009 11:27am Jul 16, 2009 11:27am
Quoting eohater
Here's some humor for the lazy ass day were having. If anyone is offended, I will remove at once:

http://www.youtube.com/watch?v=WhwbxEfy7fg
I am highly offended.
  • #19,072
  • Jul 16, 2009 11:28am Jul 16, 2009 11:28am
Let me digest





Quoting KENNETH lEE
If the pin doesn't have a small wick opposite the long wick it is still a pin but might not have the strength of the hangman or shooting star the small wick tells us that price did try to move in the opposite direction and then continued and pulled back .. without a small wick price is just trying to continue and being held back and hasn't even tried to turn yet...MY FEW. !!!
  • #19,073
  • Jul 16, 2009 11:28am Jul 16, 2009 11:28am
Quoting PippiNole
I am highly offended.
I'm still not giving you a fuckin whopper!
Just digging in the trenches like everyone else!
  • #19,074
  • Jul 16, 2009 11:30am Jul 16, 2009 11:30am
Quoting robgsxr
Thanks for the extra clarity Ken.

my final question is whether the shooting star and the inverted hammer can both be called "pins" for short.
I would add that an inverted hammer must come after a downward movement (of decent length), there is no inverted hammer at market tops -- that's a shooting star (with small body and long northern wick).
'The past will always show us the future'
  • #19,075
  • Jul 16, 2009 11:30am Jul 16, 2009 11:30am
Quoting eohater
I'm still not giving you a fuckin whopper!
Damn a brother could starve to death around here.
  • #19,076
  • Jul 16, 2009 11:32am Jul 16, 2009 11:32am
Thanks Terje

Quoting terje
I would add that an inverted hammer must come after a downward movement (of decent length), there is no inverted hammer at market tops -- that's a shooting star (with small body and long northern wick).
  • #19,077
  • Jul 16, 2009 11:40am Jul 16, 2009 11:40am
I always find this brings a smile but I am sure by now everyone must have seen it...

Let me know EO if I should erase the link

Inserted Video



Quoting eohater
Here's some humor for the lazy ass day were having. If anyone is offended, I will remove at once:

http://www.youtube.com/watch?v=WhwbxEfy7fg
  • #19,078
  • Jul 16, 2009 11:41am Jul 16, 2009 11:41am
just for the sake of information, this website divides candles using the header at the top. The major ones are worth learning for market turns.

http://www.candlesticker.com/Default.asp
'The past will always show us the future'
  • #19,079
  • Jul 16, 2009 11:43am Jul 16, 2009 11:43am
Thanks again

I have book marked it...

Quoting terje
just for the sake of information, this website divides candles using the header at the top. The major ones are worth learning for market turns.

http://www.candlesticker.com/Default.asp
  • #19,080
  • Jul 16, 2009 12:23pm Jul 16, 2009 12:23pm
I think this guy had a little to much Appleton.

Inserted Video
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