Trade what you see NOT what you expect | Page 1064 | Forex Factory

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Trade what you see NOT what you expect

  • #21,261
  • Aug 6, 2009 1:13am Aug 6, 2009 1:13am
Quoting davids
Nice one
The best part of that position, the only draw down was the spread!

It was a cross of the m15 35/50 and reverse trade.
Just digging in the trenches like everyone else!
  • #21,262
  • Aug 6, 2009 1:18am Aug 6, 2009 1:18am
Quoting eohater
The best part of that position, the only draw down was the spread!

It was a cross of the m15 35/50 and reverse trade.
That is cool those 35/50 trades can be very good,
  • #21,263
  • Aug 6, 2009 1:18am Aug 6, 2009 1:18am
Quoting eohater
Good morning Dirrall! I hope your have a good start to your day!
Thanks EO.

I'm still just watching and learning at the moment. I'm finding your system fascinating. So much to learn and such a small brain.

I've had lots of help from Pippi and Macc so it's getting easier to understand.

Good luck Davids with your full time trading. Thats the goal for me also.
  • #21,264
  • Aug 6, 2009 1:18am Aug 6, 2009 1:18am
Quoting Dirrall
Thanks EO.

I'm still just watching and learning at the moment. I'm finding your system fascinating. So much to learn and such a small brain.

I've had lots of help from Pippi and Macc so it's getting easier to understand.

Good luck Davids with your full time trading. Thats the goal for me also.

Thanks Mate
  • #21,265
  • Aug 6, 2009 1:21am Aug 6, 2009 1:21am
Quoting davids
That is cool those 35/50 trades can be very good,
It's such a simple setup. Just like now, we might see price drive up, but we're going to see a sellers around 7025 and prior PA supports the sellers there as well.
Just digging in the trenches like everyone else!
  • #21,266
  • Aug 6, 2009 1:26am Aug 6, 2009 1:26am
Quoting Dirrall
Thanks EO.

I'm still just watching and learning at the moment. I'm finding your system fascinating. So much to learn and such a small brain.

I've had lots of help from Pippi and Macc so it's getting easier to understand.

Good luck Davids with your full time trading. Thats the goal for me also.
Our system is unique! Find the setups that work best for you, it might be the 35/50 cross and reverse order on the following candle, or set a PO 20-30 pips higher than the closed candle for a reverse order keeping your SL 35-40 pips higher than the price of the candle that closed through the m15 35/50. Maybe it taking positions only off of h1 pins/hammers, or DBHLC/DBLHC candles. There are so many setups it can become mind boggling. Just take your time and find which ones work for you and your personality. Always look left, always know your HTF S/R and find your PA on the m15 with the h1 supporting your position as well.
Just digging in the trenches like everyone else!
  • #21,267
  • Aug 6, 2009 1:37am Aug 6, 2009 1:37am
looks like some sellers took the last pin?!

tdeu
  • #21,268
  • Aug 6, 2009 1:39am Aug 6, 2009 1:39am
Quoting tdeu
looks like some sellers took the last pin?!

tdeu
Did you? You could of gotten in around 7010.
Just digging in the trenches like everyone else!
  • #21,269
  • Aug 6, 2009 1:40am Aug 6, 2009 1:40am
Quoting tdeu
looks like some sellers took the last pin?!

tdeu
Well if you can't beat'em, join'em - sell it hard.

Full disclosure: I'm all for that as I took that last pin as well..
  • #21,270
  • Aug 6, 2009 1:42am Aug 6, 2009 1:42am
Quoting nyjetfan
Well if you can't beat'em, join'em - sell it hard.

Full disclosure: I'm all for that as I took that last pin as well..
Good job! Fill that government motors truck full of pips!
Just digging in the trenches like everyone else!
  • #21,271
  • Aug 6, 2009 1:47am Aug 6, 2009 1:47am
Hey Everyone...
Ghost Rider - WWTBMD?
  • #21,272
  • Aug 6, 2009 1:47am Aug 6, 2009 1:47am
was to hesitant but wait (pray) for it to be taken out ;-)
less risk around 7020-30

tdeu
  • #21,273
  • Aug 6, 2009 1:53am Aug 6, 2009 1:53am
Quoting tdeu
was to hesitant but wait (pray) for it to be taken out ;-)
less risk around 7020-30

tdeu
Tdeu - No worries, the next setup is only a few minutes away.. And always remember, its better to miss a trade than to miss your capital.

One thing I do recommend is keeping a trade journal handy and note trades such as this one where you saw a setup, but didn't take it, and then you can watch the results and see what comes of it. It will just give you additional confidence in the different setups by having a record of which ones gave you what type of results. I always mark up my charts for trades I took, trades I saw but didn't take, and also trades I didn't see until after the fact, as it helps me "train my eye" to be able to spot them from a mile away.

Best of luck with your trading.
  • #21,274
  • Aug 6, 2009 1:57am Aug 6, 2009 1:57am
Good morning everyone. I hope everybody is bagging the pips. I'm currently short GU at .7008 and EJ at 137.18.
  • #21,275
  • Aug 6, 2009 1:58am Aug 6, 2009 1:58am
For anyone who watches the mistress, keep an eye on this hourly close coming up.

I've heard that PippiNole (resident mistress expert) might be a bit late due to flat tires on his goverment motors vehicles - apparently he exceeded the pip carrying capacity again..
  • #21,276
  • Aug 6, 2009 2:00am Aug 6, 2009 2:00am
hey guys,

what do you think of buying the 200 ma and that up sloping TL?
tdeu
  • #21,277
  • Aug 6, 2009 2:01am Aug 6, 2009 2:01am
Quoting nyjetfan
For anyone who watches the mistress, keep an eye on this hourly close coming up.

I've heard that PippiNole (resident mistress expert) might be a bit late due to flat tires on his goverment motors vehicles - apparently he exceeded the pip carrying capacity again..
No expert here.

I may have to trade that clunker in.
  • #21,278
  • Aug 6, 2009 2:06am Aug 6, 2009 2:06am
Quoting PippiNole
No expert here.

I may have to trade that clunker in.
Morning everyone.. hey pippin gonna have to move that trendline on E/J to the top of the darn wicks...
Good Trading To All ; Ken Lee
  • #21,279
  • Aug 6, 2009 2:07am Aug 6, 2009 2:07am
Quoting PippiNole
No expert here.

I may have to trade that clunker in.
Sure....LOL

I have a nice 4 wheel drive with a cap and tool boxes fully loaded for ya. Could use to sell it to help fund my account...
Ghost Rider - WWTBMD?
  • #21,280
  • Aug 6, 2009 2:07am Aug 6, 2009 2:07am
Quoting PippiNole
No expert here.

I may have to trade that clunker in.
Clunker? Word on the street is you have a fleet of pip haulers..
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