Trade what you see NOT what you expect | Page 1027 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

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

How soon after you put on a trade do you expect to be "in the money"? 28 replies

How do you see trading - Do you see it as a means to an end? 12 replies

how long do you expect to trade? 10 replies

Trade What You See And Not What You Hope 0 replies

Attachments: Trade what you see NOT what you expect
Exit Attachments

Trade what you see NOT what you expect

  • #20,521
  • Jul 31, 2009 6:31am Jul 31, 2009 6:31am
Quoting Turveyd
I heard this is a thread, where people trade smart without TRYING to pick exact tops and bottoms and joining the trend.


So this must be the people making money thread, hope you don't mind if I sign up

GU and EJ uptrend kinda, very flat Longs only people!!
Welcome to the thread!
Just digging in the trenches like everyone else!
  • #20,522
  • Jul 31, 2009 6:39am Jul 31, 2009 6:39am
Quoting eohater
Welcome to the thread!
Good morning EO,

Could you have a look the chart i posted, please? The way i was thinking was right or do you see something diffrent? Seems 657x is a hard resistance to break, but if we break we could see that 6635 ( my R2 on daily)
  • #20,523
  • Jul 31, 2009 6:39am Jul 31, 2009 6:39am
Quoting Isty
I really need that my friend...I booked some profit at 6570
Thanks!!
You got a nice entry on your long and you booked profit at a key level. You did the right thing by moving your SL to BE as well. Your entry long was at the right point of the confirmation of the break out of the range we experienced all damn day yesterday in the US Session. Now, we've go a whole new range that needs to be broken for your long to continue north. 6577-6536 We break these and confirm, then we will continue in that direction. I personally am short from 6570, I've booked some profit, my SL on the remaning position is at 6589. My stop might be a little tight, but I'm not f'ing around with anything today. End of month, end of week. I had a loss last night when I went short at 6521, I booked some at 6511 but the rest of my position got closed out at 6535. I've already made the loss up since when I got in long and started playing some gump with her during London.

Good job again! Get your worksheet out and due your levels and be ready for possible fireworks!
Just digging in the trenches like everyone else!
  • #20,524
  • Jul 31, 2009 6:43am Jul 31, 2009 6:43am
Quoting Isty
Good morning EO,

Could you have a look the chart i posted, please? The way i was thinking was right or do you see something diffrent? Seems 657x is a hard resistance to break, but if we break we could see that 6635 ( my R2 on daily)
6635 for you, I see more of just 662x-664x, so your 6635 falls right in line! My h4 closes in 18m and looks like we're going to get some tweezers with a possible inverted hammer.

Here comes a bounce in 2m.
Just digging in the trenches like everyone else!
  • #20,525
  • Jul 31, 2009 6:46am Jul 31, 2009 6:46am
Quoting terje
may be a slow morning what with the huge gdp news at 1.30 today
Do you know how I feel about news?
Just digging in the trenches like everyone else!
  • #20,526
  • Jul 31, 2009 6:48am Jul 31, 2009 6:48am
I added to my longs at 6538. Told you here comes a bounce. My longs are from the bottom, so my SL is green.
Just digging in the trenches like everyone else!
  • #20,527
  • Jul 31, 2009 6:49am Jul 31, 2009 6:49am
Quoting eohater
You got a nice entry on your long and you booked profit at a key level. You did the right thing by moving your SL to BE as well. Your entry long was at the right point of the confirmation of the break out of the range we experienced all damn day yesterday in the US Session. Now, we've go a whole new range that needs to be broken for your long to continue north. 6577-6536 We break these and confirm, then we will continue in that direction. I personally am short from 6570, I've booked some profit, my SL on the remaning position is at 6589. My stop...
Thanks EO,

Sorry about your loss bro...We might have a hammer on H4 closing in 14 min...If we get it i will look for short at the top of this range...should we break it south i will wait for that confirmation M15 candle as well...Anyway it is friday so everything is possible...
  • #20,528
  • Jul 31, 2009 6:54am Jul 31, 2009 6:54am
Quoting Isty
Thanks EO,

Sorry about your loss bro...We might have a hammer on H4 closing in 14 min...If we get it i will look for short at the top of this range...should we break it south i will wait for that confirmation M15 candle as well...Anyway it is friday so everything is possible...
No worries about the loss bro! It's part of trading. I entered the trade without emotion and knowing my willingness for loss. Here's something key as well. Just cause I had the loss, I still got back in the saddle and made it right back. Too many traders freeze and don't keep on trading when they have a loss. You can't stop. If the trade goes against you, so be it, get in a new trade in the right direction. It broke the high yesterday, took me out, but I ended up getting in on a long at 6540 and started playing gump with her 30 up and down 3-4 times adds up.
Just digging in the trenches like everyone else!
  • #20,529
  • Jul 31, 2009 6:56am Jul 31, 2009 6:56am
Good morning my brothers from another mother.

I hope all is well with everyone and you are banking some major pips.

Now is it 5 oclock yet.
  • #20,530
  • Jul 31, 2009 6:56am Jul 31, 2009 6:56am
Yummy!! DBHLC on the h4 coming up in 5m!
Just digging in the trenches like everyone else!
  • #20,531
  • Jul 31, 2009 6:57am Jul 31, 2009 6:57am
Quoting PippiNole
Good morning my brothers from another mother.

I hope all is well with everyone and you are banking some major pips.

Now is it 5 oclock yet.
Good morning bro!

It's not 5 oclock here yet, but it's almost Bob oclock!
Just digging in the trenches like everyone else!
  • #20,532
  • Jul 31, 2009 7:02am Jul 31, 2009 7:02am
Quoting eohater
No worries about the loss bro! It's part of trading. I entered the trade without emotion and knowing my willingness for loss. Here's something key as well. Just cause I had the loss, I still got back in the saddle and made it right back. Too many traders freeze and don't keep on trading when they have a loss. You can't stop. If the trade goes against you, so be it, get in a new trade in the right direction. It broke the high yesterday, took me out, but I ended up getting in on a long at 6540 and started playing gump with her 30 up and down 3-4 times...
I just stopped out from my longs at BE...but i jumped long again with a tight SL hoping a pull back...With this H4 close my 6635 target i think is cancelled..
  • #20,533
  • Jul 31, 2009 7:02am Jul 31, 2009 7:02am
Quoting eohater
Good morning bro!

It's not 5 oclock here yet, but it's almost Bob oclock!


Speaking of Bob where is his twin?
  • #20,534
  • Jul 31, 2009 7:04am Jul 31, 2009 7:04am
Quoting PippiNole
Good morning my brothers from another mother.

I hope all is well with everyone and you are banking some major pips.

Now is it 5 oclock yet.
Good Morning Pippi,

it is 2pm here in Hungary...
  • #20,535
  • Jul 31, 2009 7:04am Jul 31, 2009 7:04am
Quoting PippiNole


Speaking of Bob where is his twin?
Probably still in bed!
Just digging in the trenches like everyone else!
  • #20,536
  • Jul 31, 2009 7:06am Jul 31, 2009 7:06am
Quoting Isty
I just stopped out from my longs at BE...but i jumped long again with a tight SL hoping a pull back...With this H4 close my 6635 target i think is cancelled..
I think it's voided out as well. I can see a possiblity of 6560 though for you.
Just digging in the trenches like everyone else!
  • #20,537
  • Jul 31, 2009 7:08am Jul 31, 2009 7:08am
[quote=eohater;2919462]No worries about the loss bro! It's part of trading. I entered the trade without emotion and knowing my willingness for loss. Here's something key as well. Just cause I had the loss, I still got back in the saddle and made it right back. Too many traders freeze and don't keep on trading when they have a loss. You can't stop. If the trade goes against you, so be it, get in a new trade in the right direction. It broke the high yesterday, took me out, but I ended up getting in on a long at 6540 and started playing gump with her 30 up and down 3-4 times adds up.[/quote]


Sweet! I love me some Gump!

Your other point is very important and needs to be read over and over again. If a trade goes bad so be it look for the next seat.
  • #20,538
  • Jul 31, 2009 7:10am Jul 31, 2009 7:10am
Quoting Isty
Good Morning Pippi,

it is 2pm here in Hungary...
Good morning Isty. I see we were on the same bus earlier.

Wow you are only 3 hours from beer oclock.
  • #20,539
  • Jul 31, 2009 7:11am Jul 31, 2009 7:11am
Quoting PippiNole
Sweet! I love me some Gump!

Your other point is very important and needs to be read over and over again. If a trade goes bad so be it look for the next seat.
It's so true bro! Trading is not personal and people make it personal because they don't want to lose money. Well guess what, you can't trade and not lose money. But if you don't trade, you can't make it either. Kinda double edged sword, so swallow your pride and get your ass up on the horse and ride.
Just digging in the trenches like everyone else!
  • #20,540
  • Jul 31, 2009 7:11am Jul 31, 2009 7:11am
Quoting eohater
I think it's voided out as well. I can see a possiblity of 6560 though for you.
on my M15 chart we broke and close below 6536..if our current M15 candle can not close back to the range, would you go short at the opening of the next candle??
89 traders viewing now