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Trade what you see NOT what you expect

  • #19,461
  • Jul 21, 2009 3:57am Jul 21, 2009 3:57am
hello Ben,

How are u mate?

Still not trading manually?,
  • #19,462
  • Jul 21, 2009 4:22am Jul 21, 2009 4:22am
on demo i am, adding vsa to my arsenal, its interesting

been working for the last 6 days so not had much time, got 3 off now

how are you doing with this method?
  • #19,463
  • Jul 21, 2009 4:35am Jul 21, 2009 4:35am
Quoting BenScoobert
on demo i am, adding vsa to my arsenal, its interesting

been working for the last 6 days so not had much time, got 3 off now

how are you doing with this method?
I am getting better, but still make a lots of mistakes...Planning to open an other account, on one of them to go shorts and the other one for longs...I could run my positions longer this way..I would appretiate all the others opinion about that, and warnings and good advice as well...I am still trading only GU till i get profitable..we will see
  • #19,464
  • Jul 21, 2009 4:44am Jul 21, 2009 4:44am
Quoting Isty
I am getting better, but still make a lots of mistakes...Planning to open an other account, on one of them to go shorts and the other one for longs...I could run my positions longer this way..I would appretiate all the others opinion about that, and warnings and good advice as well...I am still trading only GU till i get profitable..we will see
open a UK account, no restrictions like USA

this indicator looks interesting for this method of trading
http://www.forexfactory.com/showpost...91&postcount=4
  • #19,465
  • Jul 21, 2009 4:53am Jul 21, 2009 4:53am
Quoting BenScoobert
open a UK account, no restrictions like USA

this indicator looks interesting for this method of trading
http://www.forexfactory.com/showpost...91&postcount=4
which one do you reccomend?
  • #19,466
  • Jul 21, 2009 5:17am Jul 21, 2009 5:17am
Quoting BenScoobert
open a UK account, no restrictions like USA

this indicator looks interesting for this method of trading
http://www.forexfactory.com/showpost...91&postcount=4
what restrictions you refering to?
Keep It Simple Stupid
  • #19,467
  • Jul 21, 2009 7:10am Jul 21, 2009 7:10am
My last candle is a nice pin on my H4 chart
  • #19,468
  • Jul 21, 2009 7:13am Jul 21, 2009 7:13am
Quoting Isty
My last candle is a nice pin on my H4 chart
can you post it please? We've been falling all morning so a "pin" isn't possible (do you mean a hammer?).
'The past will always show us the future'
  • #19,469
  • Jul 21, 2009 7:14am Jul 21, 2009 7:14am
Quoting eohater
Hey bro! Just to let you know, I've taken another short from 6550, I still have my long position open as well, covered green. Not necessarily looking for a run to 6260 from here, but I believe we will pullback. SL on my shorts are at 6570.

I'll be back on later on.

Be well!
  • #19,470
  • Jul 21, 2009 7:16am Jul 21, 2009 7:16am
Quoting terje
can you post it please? We've been falling all morning so a "pin" isn't possible (do you mean a hammer?).
yes hammer...
Attached Image (click to enlarge)
Click to Enlarge Name: gbp.png Size: 217 KB
  • #19,471
  • Jul 21, 2009 7:17am Jul 21, 2009 7:17am
Thanks for that. We bounced (or nearly did, depending on your company charts) off a trendline from 13 July low. My working 4h has another 3 hours left but 1h was a bullish engulfing, though still below 62ema
'The past will always show us the future'
  • #19,472
  • Jul 21, 2009 7:26am Jul 21, 2009 7:26am
Quoting terje
Thanks for that. We bounced (or nearly did, depending on your company charts) off a trendline from 13 July low. My working 4h has another 3 hours left but 1h was a bullish engulfing, though still below 62ema
Yes it was a bullish engulfing and on my H1 the 50/62 on each other at 6443, if we could close above that it could be a run up
  • #19,473
  • Jul 21, 2009 7:29am Jul 21, 2009 7:29am
Quoting Isty
Yes it was a bullish engulfing and on my H1 the 50/62 on each other at 6443, if we could close above that it could be a run up
I have another 4h chart which closes in 35m and will post it when completed.
'The past will always show us the future'
  • #19,474
  • Jul 21, 2009 7:31am Jul 21, 2009 7:31am
Quoting terje
I have another 4h chart which closes in 35m and will post it when completed.
that would be great..thanx
  • #19,475
  • Jul 21, 2009 7:45am Jul 21, 2009 7:45am
this 6460-70 area was touched many times..might be a strong resistance now??? what do u think guys?
Attached Image (click to enlarge)
Click to Enlarge Name: gbp.png Size: 204 KB
  • #19,476
  • Jul 21, 2009 7:49am Jul 21, 2009 7:49am
Quoting Isty
this 6460-70 area was touched many times..might be a strong resistance now??? what do u think guys?
im sure hoping that is the case!
Keep It Simple Stupid
  • #19,477
  • Jul 21, 2009 7:53am Jul 21, 2009 7:53am
Quoting Alastair
im sure hoping that is the case!
Me too, i closed my long and went short when this M15candle started ( M15 35/50 area + hammer+ 61,8% retracement)..But i pull my SL to Be as soon as possible..worried about that H4 hammer
  • #19,478
  • Jul 21, 2009 8:00am Jul 21, 2009 8:00am
h4 candle just closed.
Attached Image (click to enlarge)
Click to Enlarge Name: 4h.JPG Size: 122 KB
'The past will always show us the future'
  • #19,479
  • Jul 21, 2009 8:02am Jul 21, 2009 8:02am
Quoting terje
h4 candle just closed.
It looks very bullish for me....Lets see what our Masters say???
  • #19,480
  • Jul 21, 2009 8:11am Jul 21, 2009 8:11am
Quoting Isty
It looks very bullish for me....Lets see what our Masters say???
The Masters in the city of London and elsewhere have spoken
'The past will always show us the future'
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