Trade what you see NOT what you expect | Page 971 | 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 NOT what you expect

  • #19,401
  • Jul 20, 2009 10:55am Jul 20, 2009 10:55am
I hate to say this, but we close the h4 above the 6487, then 653x and maybe even 655x will be in our future I believe.
Just digging in the trenches like everyone else!
  • #19,402
  • Jul 20, 2009 10:57am Jul 20, 2009 10:57am
Price is in an absolute battle right now!
Just digging in the trenches like everyone else!
  • #19,403
  • Jul 20, 2009 10:57am Jul 20, 2009 10:57am
Quoting Isty
Thanx for the explanation...
Anytime!
Just digging in the trenches like everyone else!
  • #19,404
  • Jul 20, 2009 11:02am Jul 20, 2009 11:02am
Quoting eohater
Price is in an absolute battle right now!
Not engulfing and neither hangingman...
  • #19,405
  • Jul 20, 2009 11:03am Jul 20, 2009 11:03am
My longs are covered, my shorts are covered. TP targets are set. I'm outta here for a while guys, I have more work to get done before the wife gets back. (Honey Due surprise list = HS )

Keep your trades well guys, I'll check in this afternoon and later on.
Just digging in the trenches like everyone else!
  • #19,406
  • Jul 20, 2009 11:10am Jul 20, 2009 11:10am
Quoting eohater
My longs are covered, my shorts are covered. TP targets are set. I'm outta here for a while guys, I have more work to get done before the wife gets back. (Honey Due surprise list = HS )

Keep your trades well guys, I'll check in this afternoon and later on.
Have a good one bro!
Patience + Discipline - Greed = Success
  • #19,407
  • Jul 20, 2009 11:12am Jul 20, 2009 11:12am
Quoting Infinity
my longs would hate that...
Hi Infinity,

you mentioned and EO as well that you trade on two accounts...One is short and the other long...How do you do that? I mean on one account you use the higher time frame predictions and on the other one try to hedge it on a lower TF??
  • #19,408
  • Jul 20, 2009 11:30am Jul 20, 2009 11:30am
Quoting Isty
Hi Infinity,

you mentioned and EO as well that you trade on two accounts...One is short and the other long...How do you do that? I mean on one account you use the higher time frame predictions and on the other one try to hedge it on a lower TF??
Hey Isty,

Not necessarily, but sometimes it works out like that.... I have multiple accounts for different purposes.. I don't hedge, but depending on the entry that I have, I may go long in one account for whatever reason and after securing profit and protecting the position, I see an opportunity in the opposite direction that I may take in another account...

The main purpose for having different accounts for me however, is as you stated, higher timeframe trades and lower timeframe trades...
Patience + Discipline - Greed = Success
  • #19,409
  • Jul 20, 2009 11:55am Jul 20, 2009 11:55am
Quoting Infinity
Hey Isty,

Not necessarily, but sometimes it works out like that.... I have multiple accounts for different purposes.. I don't hedge, but depending on the entry that I have, I may go long in one account for whatever reason and after securing profit and protecting the position, I see an opportunity in the opposite direction that I may take in another account...

The main purpose for having different accounts for me however, is as you stated, higher timeframe trades and lower timeframe trades...
Sorry, I was away for a while..Now it is clear now..Thanx
  • #19,410
  • Jul 20, 2009 12:02pm Jul 20, 2009 12:02pm
For everyone's viewing....this 4h just closed 1min ago
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  • #19,411
  • Jul 20, 2009 12:04pm Jul 20, 2009 12:04pm
Good afternoon all
  • #19,412
  • Jul 20, 2009 12:16pm Jul 20, 2009 12:16pm
Quoting davids
Good afternoon all
Good afternoon David...
Patience + Discipline - Greed = Success
  • #19,413
  • Jul 20, 2009 12:21pm Jul 20, 2009 12:21pm
Quoting davids
Good afternoon all
Hi David,
How are u doing?
  • #19,414
  • Jul 20, 2009 12:22pm Jul 20, 2009 12:22pm
Quoting rt4x
For everyone's viewing....this 4h just closed 1min ago
thanx
  • #19,415
  • Edited 2:21pm Jul 20, 2009 12:23pm | Edited 2:21pm
Quoting Infinity
Good afternoon David...
How are you mate

I still have 3 longs in play 2 of them from Friday, in my second account I am 2258 pips up on a USDNOK short

I use the whole account as the as the margin can get hectic as the spread is 75 but on average you get about 1300 a trade
  • #19,416
  • Jul 20, 2009 12:24pm Jul 20, 2009 12:24pm
Quoting Isty
Hi David,
How are u doing?
Not bad bro how you doing
  • #19,417
  • Jul 20, 2009 12:28pm Jul 20, 2009 12:28pm
It a pity that EU coulld not close past R2 at 1.4231 today as that would really have helped the longs, bloomberg this morning said if EU broke 1.42 they see it going to 1.45, needs to be taken with apinch of salt as they often get it wrong
  • #19,418
  • Jul 20, 2009 12:48pm Jul 20, 2009 12:48pm
Quoting davids
Not bad bro how you doing
I am all right, trading well today...
  • #19,419
  • Jul 20, 2009 12:55pm Jul 20, 2009 12:55pm
Quoting Isty
I am all right, trading well today...
excellent bro
  • #19,420
  • Jul 20, 2009 1:13pm Jul 20, 2009 1:13pm
I'm taking profit on most of my longs here at 34... did not like the hanging man on h1... still have small amount running with stop at +20
Patience + Discipline - Greed = Success
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