Trade what you see NOT what you expect | Page 1042 | Forex Factory

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Trade what you see NOT what you expect

  • #20,821
  • Aug 3, 2009 8:16am Aug 3, 2009 8:16am
Tried a low risk short at 60.. 10 pip stop..
Patience + Discipline - Greed = Success
  • #20,822
  • Aug 3, 2009 8:20am Aug 3, 2009 8:20am
Quoting Infinity
Tried a low risk short at 60.. 10 pip stop..
I'm on board also at 6859. Maybe we can get our 10 pips.
  • #20,823
  • Aug 3, 2009 8:24am Aug 3, 2009 8:24am
Quoting PippiNole
Good morning traders. I hope you all caught some of the nice run up.
Yep.... once the hanging man was invalidated on the monthly with the new high.. I waited for the pullback on the h1... I think if we clear 6920.. we could see near 7500 this month... but it's also possible that we could fall big from this 6800-7000 area so let the pa be our guide...
Patience + Discipline - Greed = Success
  • #20,824
  • Aug 3, 2009 8:25am Aug 3, 2009 8:25am
Quoting Isty
Hi Guys again,

I just got back home. I am just studying my chart about ranging..Can we say that as a rule that if we break our last range and the next candle close back on the range on M15, we will go to see the other side of the range ,even will break that? It happened today, i think on friday on our H1 chart as well. What is your thought about that?


Bye the way, Ken and Pippi nice posts...Thanks


You are welcome I hope it helps.
  • #20,825
  • Aug 3, 2009 8:25am Aug 3, 2009 8:25am
Quoting PippiNole
I'm on board also at 6859. Maybe we can get our 10 pips.
already got mine......looking for much more than that though... I think 678x is in sight if this h1 pin holds it...
Patience + Discipline - Greed = Success
  • #20,826
  • Aug 3, 2009 8:33am Aug 3, 2009 8:33am
Quoting Infinity
already got mine......looking for much more than that though... I think 678x is in sight if this h1 pin holds it...
I did too. We are some good scalpers.

Now go down some more please.
  • #20,827
  • Aug 3, 2009 8:42am Aug 3, 2009 8:42am
I tried a short at 136.36 with a tight stop on the Mistress.
  • #20,828
  • Aug 3, 2009 8:50am Aug 3, 2009 8:50am
Quoting Infinity
Great price bro! I was long last night from 6700 with stop at 6650 and tp at 6820.. I'm looking for a new seat now...
Good morning bro! Great job on your long! I'm still long from the 6700, booked most at 6860 though. Since we've been stalling there, I went short in my other account. Prior to the long, I was short into 6725.

Let's have another great month bro!
Just digging in the trenches like everyone else!
  • #20,829
  • Aug 3, 2009 8:51am Aug 3, 2009 8:51am
Quoting PippiNole
I tried a short at 136.36 with a tight stop on the Mistress.
Outstanding bro! I still have a PO at 136.50 on her ass.
Just digging in the trenches like everyone else!
  • #20,830
  • Aug 3, 2009 8:55am Aug 3, 2009 8:55am
Quoting eohater
Outstanding bro! I still have a PO at 136.50 on her ass.
I see a nice day trade at the 136.50 price level. I have patience though, either I'll get a seat or I won't. I've had a good opening so far. 3 for 3.
Just digging in the trenches like everyone else!
  • #20,831
  • Aug 3, 2009 8:56am Aug 3, 2009 8:56am
Quoting eohater
Outstanding bro! I still have a PO at 136.50 on her ass.
Thanks, I was looking for the .40-.50 area. I have taken 30 off and moved my stop to BE. If she comes back against me I'll find the next seat.
  • #20,832
  • Aug 3, 2009 8:59am Aug 3, 2009 8:59am
Quoting eohater
Good morning bro! Great job on your long! I'm still long from the 6700, booked most at 6860 though. Since we've been stalling there, I went short in my other account. Prior to the long, I was short into 6725.

Let's have another great month bro!
Patience + Discipline - Greed = Success
  • #20,833
  • Aug 3, 2009 8:59am Aug 3, 2009 8:59am
Quoting PippiNole
Thanks, I was looking for the .40-.50 area. I have taken 30 off and moved my stop to BE. If she comes back against me I'll find the next seat.
You might have found the golden seat bro! She might come back in the next session, we'll see once we get through the fireworks of this session. I'd like to see 674x with my GU shorts, maybe that's asking a little much though. I've covered at BE, so let the hounds run!
Just digging in the trenches like everyone else!
  • #20,834
  • Aug 3, 2009 9:00am Aug 3, 2009 9:00am
Does anyone have a topside target on GU should we break the 6880 area? I can see 692x, not sure about 7000 today, there will be a shitload of sellers there just from the sheer psychological number. I'll be one as well!
Just digging in the trenches like everyone else!
  • #20,835
  • Aug 3, 2009 9:15am Aug 3, 2009 9:15am
Quoting eohater
Does anyone have a topside target on GU should we break the 6880 area? I can see 692x, not sure about 7000 today, there will be a shitload of sellers there just from the sheer psychological number. I'll be one as well!
I can see the number you are talking about but it is tough to see much more because we haven't been in this territory for quite some time.
  • #20,836
  • Aug 3, 2009 9:16am Aug 3, 2009 9:16am
Quoting PippiNole
I can see the number you are talking about but it is tough to see much more because we haven't been in this territory for quite some time.
That's the problem I'm having as well. I got long at 6894.
Just digging in the trenches like everyone else!
  • #20,837
  • Aug 3, 2009 9:20am Aug 3, 2009 9:20am
Quoting eohater
That's the problem I'm having as well. I got long at 6894.
Hi EO,

Did you place a PO above 6880, or went short mannually?
  • #20,838
  • Aug 3, 2009 9:21am Aug 3, 2009 9:21am
Quoting Isty
Hi EO,

Did you place a PO above 6880, or went short mannually?
sorry, went long manually at 6894?
  • #20,839
  • Aug 3, 2009 9:24am Aug 3, 2009 9:24am
Quoting Isty
Hi EO,

Did you place a PO above 6880, or went short mannually?
Manually! When we closed over the 6881, I entered the position. I'm not good at these types of trades, I've booked 10 and I'm ready to close it. Once this m15 candle closes, I will cover the position at BE.
Just digging in the trenches like everyone else!
  • #20,840
  • Aug 3, 2009 9:25am Aug 3, 2009 9:25am
My remaining shorts got stopped out +2... got 30+ pips on it before it turned...back on the long train...
Patience + Discipline - Greed = Success
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