Trade what you see NOT what you expect | Page 965 | Forex Factory

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Trade what you see NOT what you expect

  • #19,281
  • Jul 17, 2009 3:09pm Jul 17, 2009 3:09pm
Quoting davids
THe dow is up 22 points in the last 15 minutes
I have been watching that latelly also with the low volumes the darn price follows the dow if the price drops the dow has dropped. I need a better dow feed I have a ticker tape it only refeshes every minute. I wonder which leads. The dow or the Forex ?
Good Trading To All ; Ken Lee
  • #19,282
  • Jul 17, 2009 3:11pm Jul 17, 2009 3:11pm
Quoting KENNETH lEE
I have been watching that latelly also with the low volumes the darn price follows the dow if the price drops the dow has dropped. I need a better dow feed I have a ticker tape it only refeshes every minute. I wonder which leads. The dow or the Forex ?

You make a good point you can get the dow and the dollar index from
http://www.forexltd.co.uk/
  • #19,283
  • Jul 17, 2009 3:12pm Jul 17, 2009 3:12pm
Quoting davids
You make a good point you can get the dow and the dollar index from
http://www.forexltd.co.uk/

Thanks a lot I will look into it...
Good Trading To All ; Ken Lee
  • #19,284
  • Jul 17, 2009 3:16pm Jul 17, 2009 3:16pm
Quoting davids
Sorry I just saw your post went to lie down have a headache I will send you some info later this weekend,

Have a good one

cheers David
No problem bro......

HOLLA
  • #19,285
  • Jul 17, 2009 3:17pm Jul 17, 2009 3:17pm
Quoting KENNETH lEE
i didn't see that big push up coming, Guess I will be trading for free next week making that back up. Who the heck buys that much this time of day on a friday ?? Oh well if it was easy
And then they sold off........

HOLLA
  • #19,286
  • Jul 17, 2009 3:19pm Jul 17, 2009 3:19pm
Quoting KENNETH lEE
I have been watching that latelly also with the low volumes the darn price follows the dow if the price drops the dow has dropped. I need a better dow feed I have a ticker tape it only refeshes every minute. I wonder which leads. The dow or the Forex ?
I must day I know very little about the dow the chap who trades the dow and knows how it works is Alcando
  • #19,287
  • Jul 17, 2009 3:19pm Jul 17, 2009 3:19pm
Quoting Infinity
Been a great day and week brother! I'll post some charts over the weekend as well ... Right now... we know what time it is....

Enjoy your weekend bro!

IT'S HAPPY HOUR........

HOLLA
  • #19,288
  • Jul 17, 2009 3:21pm Jul 17, 2009 3:21pm
Quoting Turtle
And then they sold off........

HOLLA

Thankfully I held on and waited for the turn.. But with a little more patience I could have made a profit instead of my -4.. But I am happy getting happier by the drink..

Hope your doing well Brother.. What type of schooling you taking ?
Good Trading To All ; Ken Lee
  • #19,289
  • Jul 17, 2009 3:23pm Jul 17, 2009 3:23pm
Quoting davids
I must day I know very little about the dow the chap who trades the dow and knows how it works is Alcando

Me and Pippin were chating the other day and every pip almost matched what was happening with the dow. It is strange must be those stock brokers now trading forex.
Good Trading To All ; Ken Lee
  • #19,290
  • Jul 17, 2009 3:27pm Jul 17, 2009 3:27pm
Wow, somebody roped those bulls at 3pm, moved my s/l from 6453 to 6403 and will let it ride over the weekend.

Looking short until 6am edt on Monday wanting to see if 6290 gets taken out, if she heads north and takes me out, I will wait for a pullback and ride it long.

Need to see her break that 6380 long spot for the push north.

HOLLA
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  • #19,291
  • Edited 3:50pm Jul 17, 2009 3:33pm | Edited 3:50pm
Still up and down in the range, but overall riding that trendline long.

6180ish is where that trendline sits, which would bring up 59xx pretty fast.

Northbound she has to break those levels that we have seen for since June.

My broker just closed @ 6331 and 4098 for EU

HOLLA
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  • #19,292
  • Jul 17, 2009 3:34pm Jul 17, 2009 3:34pm
Quoting Turtle
Wow, somebody roped those bulls at 3pm, moved my s/l from 6453 to 6403 and will let it ride over the weekend.

Looking short until 6am edt on Monday wanting to see if 6290 gets taken out, if she heads north and takes me out, I will wait for a pullback and ride it long.

Need to see her break that 6380 long spot for the push north.

HOLLA
Hello Mate

I have left my long in place all nice and secure lets see what Monday brings, we are at opposites sides may the best pip win
  • #19,293
  • Jul 17, 2009 3:38pm Jul 17, 2009 3:38pm
Waiting for her to break my trendline......

Which way will she go.....

HOLLA
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  • #19,294
  • Jul 17, 2009 3:38pm Jul 17, 2009 3:38pm
Ok Guys I am need of alcohol and food in that order, see you all on Monday. Have a great weekend
  • #19,295
  • Jul 17, 2009 3:44pm Jul 17, 2009 3:44pm
Two trading weeks left, I need to see a close over that 200sma @ 6550ish to head north

Break over 67xx, I see 7400 where the 150sma is sitting.

Break below 5600 and I'm looking to 5000.

But as we all know...."Anything Can Happen". So look both ways.

HOLLA
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  • #19,296
  • Jul 17, 2009 3:46pm Jul 17, 2009 3:46pm
Quoting Turtle
Two trading weeks left, I need to see a close over that 200sma @ 6550ish to head north

Break over 67xx, I see 7400 where the 150sma is sitting.

Break below 5600 and I'm looking to 5000.

But as we all know...."Anything Can Happen". So look both ways.

HOLLA
Thanks for your charts and views...
Good Trading To All ; Ken Lee
  • #19,297
  • Jul 17, 2009 3:49pm Jul 17, 2009 3:49pm
Any EJ traders out there, especially PippiNole, please chime in.

Waiting for the break of the TL either way, also do I see an IB......

Thoughts.......

Okay, I posted my quota of charts for the week.......Now it's time to drink that beer and have a discussion with Bob.

HOLLA
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  • #19,298
  • Jul 17, 2009 3:51pm Jul 17, 2009 3:51pm
Quoting davids
Hello Mate

I have left my long in place all nice and secure lets see what Monday brings, we are at opposites sides may the best pip win
That's what I say bro.........

We both pips have locked in the pocket, whoever wins the other will wait for the pullback and then join in the party...

HOLLA
  • #19,299
  • Jul 17, 2009 3:52pm Jul 17, 2009 3:52pm
Quoting davids
Ok Guys I am need of alcohol and food in that order, see you all on Monday. Have a great weekend
Catch you later bro.....

Enjoy.....

HOLLA
  • #19,300
  • Jul 17, 2009 3:53pm Jul 17, 2009 3:53pm
Quoting KENNETH lEE
Thanks for your charts and views...
No problem bro.....

And thanks for your flashcards.

HOLLA
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