Trade what you see NOT what you expect | Page 1032 | Forex Factory

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Trade what you see NOT what you expect

  • #20,621
  • Jul 31, 2009 10:24am Jul 31, 2009 10:24am
Quoting Turtle
What's up bro....

She is buck wild today....

HOLLA

Quoting eohater
Hey bro! Good to see you! You've got the best seat in the house! CASH!
Hey guys, I have a very busy day today outside of trading so I decided not to trade apart from a few scalps earlier.. Today is the final day of the month and week so I am expecting anything. Based on the daily, the next level I am seeing is 666x and if that goes, 674x.. it could also drop at anytime which wouldn't surprise me really.... Todays close will be interesting either way..
Patience + Discipline - Greed = Success
  • #20,622
  • Jul 31, 2009 10:24am Jul 31, 2009 10:24am
huge dollar sell off is in fact driving this train (euro's having a drink in the caboose )
'The past will always show us the future'
  • #20,623
  • Jul 31, 2009 10:24am Jul 31, 2009 10:24am
Quoting Isty
Me too bro,

short at 6620 and 6625 targeting 6580
SL is at 6661... if it takes me out i give it up for today
  • #20,624
  • Jul 31, 2009 10:31am Jul 31, 2009 10:31am
Quoting Isty
SL is at 6661... if it takes me out i give it up for today
i might be stupid but i could not stand of not going short again at 6680
  • #20,625
  • Jul 31, 2009 10:32am Jul 31, 2009 10:32am
Quoting Infinity
Hey guys, I have a very busy day today outside of trading so I decided not to trade apart from a few scalps earlier.. Today is the final day of the month and week so I am expecting anything. Based on the daily, the next level I am seeing is 666x and if that goes, 674x.. it could also drop at anytime which wouldn't surprise me really.... Todays close will be interesting either way..
I hear ya bro, she could drop her draws at any moment.

And the DOW is not moving.

Going to take a nap and catch ya'll later.

HOLLA
  • #20,626
  • Jul 31, 2009 10:33am Jul 31, 2009 10:33am
short 16682
  • #20,627
  • Jul 31, 2009 10:34am Jul 31, 2009 10:34am
Quoting Isty
i might be stupid but i could not stand of not going short again at 6680
I got 82, but my stops are only 20 pips!
Just digging in the trenches like everyone else!
  • #20,628
  • Jul 31, 2009 10:35am Jul 31, 2009 10:35am
Quoting eohater
I got 82, but my stops are only 20 pips!
Same price Bro stop moved to BE +1
  • #20,629
  • Jul 31, 2009 10:36am Jul 31, 2009 10:36am
Quoting eohater
I got 82, but my stops are only 20 pips!
good r/r bro!
Patience + Discipline - Greed = Success
  • #20,630
  • Jul 31, 2009 10:37am Jul 31, 2009 10:37am
Quoting eohater
I got 82, but my stops are only 20 pips!
I placed my SL at 6701, what do you expect for a target?
  • #20,631
  • Jul 31, 2009 10:37am Jul 31, 2009 10:37am
Quoting Isty
I placed my SL at 6701, what do you expect for a target?
1.63 would be nice
  • #20,632
  • Jul 31, 2009 10:40am Jul 31, 2009 10:40am
Quoting davids
1.63 would be nice
that would be more than nice I think i will book half at 6600 if we see that..SL at BE
  • #20,633
  • Jul 31, 2009 10:40am Jul 31, 2009 10:40am
Quoting Isty
I placed my SL at 6701, what do you expect for a target?
Take partial profit and cover your trade... you can always reenter if price retests the top and holds...
Patience + Discipline - Greed = Success
  • #20,634
  • Jul 31, 2009 10:41am Jul 31, 2009 10:41am
just wondering, why short at 680? What resistance do you guys see?
'The past will always show us the future'
  • #20,635
  • Jul 31, 2009 10:44am Jul 31, 2009 10:44am
Quoting Isty
I placed my SL at 6701, what do you expect for a target?
no expectation, just booking profit and covering. I grabbed 30, covered. I'll reenter based upon the turn of the h4. Looks like the h4 might give us a shorting opportunity.
Just digging in the trenches like everyone else!
  • #20,636
  • Jul 31, 2009 10:44am Jul 31, 2009 10:44am
Quoting Infinity
Take partial profit and cover your trade... you can always reenter if price retests the top and holds...
EXACTLY!!!!
Just digging in the trenches like everyone else!
  • #20,637
  • Jul 31, 2009 10:45am Jul 31, 2009 10:45am
Quoting Infinity
Take partial profit and cover your trade... you can always reenter if price retests the top and holds...
Thanks Infinity,

I cover my ass for sure after a day like this..
  • #20,638
  • Jul 31, 2009 10:46am Jul 31, 2009 10:46am
hanging man on m15 looks good for shorts... If we pass 84 though.... 6740 could arrive quickly...
Patience + Discipline - Greed = Success
  • #20,639
  • Jul 31, 2009 10:49am Jul 31, 2009 10:49am
Quoting Infinity
hanging man on m15 looks good for shorts... If we pass 84 though.... 6740 could arrive quickly...
Agree bro!
Just digging in the trenches like everyone else!
  • #20,640
  • Jul 31, 2009 10:50am Jul 31, 2009 10:50am
Just a bit of info..

The dollar extends its fall as the euro and other higher-yielding currencies benefit from resilient stocks and the stronger Chicago PMI. At the same time, worrisome signs in Q2 GDP is underscoring calls for a different safe haven than the dollar. That is boosting the yen and Swiss franc, say analysts. All of this action is being exaggerated Friday by end-of month flows around the 11 a.m. fixing time - a key reference point for exchange rates, when businesses increasingly choose to execute their deals. Late Fri morning in NY

I know everyone knows this but here it is in black and white.
Good Trading To All ; Ken Lee
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