Trade what you see NOT what you expect | Page 979 | Forex Factory

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Trade what you see NOT what you expect

  • #19,561
  • Jul 22, 2009 8:51am Jul 22, 2009 8:51am
Quoting eohater
I wanted 6359 for a long entry and missed it, I saw it for a second, set my order and it didn't come back. I'm still holding my shorts that I started at 6550, we might still see further movement south.
Now that I'm looking a little closer at my daily, don't everyone shoot me, but what about 617x as a possiblity and maybe even 609x. Today could set the tone for those to be achieved.
Just digging in the trenches like everyone else!
  • #19,562
  • Jul 22, 2009 8:52am Jul 22, 2009 8:52am
Good Afternoon All

I have been busy with my other business for the last few days, how is everybody doing, I took a long on GU this morning for 105 and have just closed a short, flat now
  • #19,563
  • Jul 22, 2009 8:56am Jul 22, 2009 8:56am
Quoting eohater
At 4yrs old, I'd say he brings in over 100 pips per week for me.
That's a good return....
Patience + Discipline - Greed = Success
  • #19,564
  • Jul 22, 2009 8:56am Jul 22, 2009 8:56am
Quoting davids
Good Afternoon All

I have been busy with my other business for the last few days, how is everybody doing, I took a long on GU this morning for 105 and have just closed a short, flat now
Good job David!
Just digging in the trenches like everyone else!
  • #19,565
  • Jul 22, 2009 8:57am Jul 22, 2009 8:57am
Quoting Infinity
That's a good return....
If you only knew bro!
Just digging in the trenches like everyone else!
  • #19,566
  • Jul 22, 2009 8:58am Jul 22, 2009 8:58am
Quoting davids
Good Afternoon All

I have been busy with my other business for the last few days, how is everybody doing, I took a long on GU this morning for 105 and have just closed a short, flat now
Excellent stuff bro!
Patience + Discipline - Greed = Success
  • #19,567
  • Jul 22, 2009 8:59am Jul 22, 2009 8:59am
Quoting eohater
If you only knew bro!


My long wants a close above the h1 10ema in 2 mins...
Patience + Discipline - Greed = Success
  • #19,568
  • Jul 22, 2009 9:00am Jul 22, 2009 9:00am
Quoting Infinity


My long wants a close above the h1 10ema in 2 mins...
You just got it bro! Good job on your long position. My SL on my remaining shorts is at 6470 now which is still green.
Just digging in the trenches like everyone else!
  • #19,569
  • Jul 22, 2009 9:00am Jul 22, 2009 9:00am
I bought after the 15m harami, 374. Took off at 50ema.

This 1h pattern is one of my favourite ones (depending on 1h close just now). I have highlighted it on last week's chart, we had 3 of them. It essentially consists of 2 (or so) large up candles, a large down one following, then a doji, spinning top or hammer, and price then continues up in the direction of the original 2. In my experience it is highly reliable, though with the broken trendline above around 430 it might not work entirely as planned...Patterns circled on chart below.
Attached Image (click to enlarge)
Click to Enlarge Name: pattern.JPG Size: 161 KB
'The past will always show us the future'
  • #19,570
  • Jul 22, 2009 9:01am Jul 22, 2009 9:01am
Quoting Infinity
Excellent stuff bro!
Cheers Mate

Not all good news I had a sizable loss on GJ yesterday opened a long and she ran away and hit my stop in about 40 seconds

Getting it back though

How you doing?
  • #19,571
  • Jul 22, 2009 9:01am Jul 22, 2009 9:01am
Quoting Infinity


My long wants a close above the h1 10ema in 2 mins...
didn't get what it wanted... but its not complaining...
Patience + Discipline - Greed = Success
  • #19,572
  • Jul 22, 2009 9:03am Jul 22, 2009 9:03am
Quoting davids
Cheers Mate

Not all good news I had a sizable loss on GJ yesterday opened a long and she ran away and hit my stop in about 40 seconds

Getting it back though

How you doing?
Doing great bro.... just taking what I see on this chick...
Patience + Discipline - Greed = Success
  • #19,573
  • Jul 22, 2009 9:04am Jul 22, 2009 9:04am
Quoting Infinity
Doing great bro.... just taking what I see on this chick...
Have you been faithful
  • #19,574
  • Jul 22, 2009 9:05am Jul 22, 2009 9:05am
Quoting eohater
You just got it bro! Good job on your long position. My SL on my remaining shorts is at 6470 now which is still green.
Thanks bro! Good job yourself on those shorts... Excellent stuff...
Patience + Discipline - Greed = Success
  • #19,575
  • Jul 22, 2009 9:05am Jul 22, 2009 9:05am
Quoting davids
Have you been faithful
Patience + Discipline - Greed = Success
  • #19,576
  • Jul 22, 2009 9:11am Jul 22, 2009 9:11am
Gu looks like she is going to be going up for a bit not sure how much as I think we could still go lower today
  • #19,577
  • Jul 22, 2009 9:14am Jul 22, 2009 9:14am
Quoting davids
Gu looks like she is going to be going up for a bit not sure how much as I think we could still go lower today
I believe she's just building some value for the US traders to be able to short her. Once concern are the lat 2 h4 closings. Higher lows and higher highs on them. This h4 candle should make a statement in regards to the prior h4's closed. I can see 6300 in our cards possibly today though, but this h4 has to take out the prior h4. We have a bearish engulfing day candle in the works as well.
Just digging in the trenches like everyone else!
  • #19,578
  • Jul 22, 2009 9:20am Jul 22, 2009 9:20am
Quoting eohater
I believe she's just building some value for the US traders to be able to short her. Once concern are the lat 2 h4 closings. Higher lows and higher highs on them. This h4 candle should make a statement in regards to the prior h4's closed. I can see 6300 in our cards possibly today though, but this h4 has to take out the prior h4. We have a bearish engulfing day candle in the works as well.

I agree with this
  • #19,579
  • Jul 22, 2009 9:20am Jul 22, 2009 9:20am
Quoting eohater
I believe she's just building some value for the US traders to be able to short her.
I believe you will be right. The pattern I posted a little while ago--which I'm sorry is outside the scope of this thread really--has its opposite on my 4h to confirm a continuation down, though 40m until my 4h closes.
'The past will always show us the future'
  • #19,580
  • Jul 22, 2009 9:30am Jul 22, 2009 9:30am
We could end up with something like this too though...as eo stated.. next h4 will tell the story... A notable difference though is that a lower low has been made on the daily...
Attached Image (click to enlarge)
Click to Enlarge Name: dat.gif Size: 30 KB
Patience + Discipline - Greed = Success
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