Trade what you see NOT what you expect | Page 1074 | Forex Factory

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Trade what you see NOT what you expect

  • #21,461
  • Aug 6, 2009 12:19pm Aug 6, 2009 12:19pm
Quoting djambazov84
I am also waiting for a bottom today but I`m waiting for some sort of climactic selling before that that will stick out like a sore thumb. I think that this h4 bar that just started will break the low of the 9am to 1pm h4 bar and will land @ 1.6750-45. volume so far has not demonstrated any climactic action so far every time price tries to rise on the M5 it is met with equally aggresive selling
from I see, but what do i know
I was actually favoring the 6675ish (support, 200ma) area but I'm wondering if it will get there. I thought it might before lunch but now, I'm not so sure. So I'm in doubt and I'll stay out till something obvious sticks out she tips her hand.
Ghost Rider - WWTBMD?
  • #21,462
  • Aug 6, 2009 12:19pm Aug 6, 2009 12:19pm
Quoting Isty
Good observation! It came true...
Thanks, but as I've said before, it's all about the details. Even 1 pip can make a difference as we all saw.
Just digging in the trenches like everyone else!
  • #21,463
  • Aug 6, 2009 12:20pm Aug 6, 2009 12:20pm
Quoting eohater
I wonder if that was a clear enough trade call? Maybe I need to post my order entry to show I'm not a fraud!

  • #21,464
  • Aug 6, 2009 12:21pm Aug 6, 2009 12:21pm
Quoting eohater
I wonder if that was a clear enough trade call? Maybe I need to post my order entry to show I'm not a fraud!

Only for those who aren't here to see your logic and explanations leading "up to" a trade....
Ghost Rider - WWTBMD?
  • #21,465
  • Aug 6, 2009 12:22pm Aug 6, 2009 12:22pm
Quoting albchr
Only for those who aren't here to see your logic and explanations leading "up to" a trade....
Stew was in here when I typed that smart ass comment. Nice of him to drop by don't you think?
Just digging in the trenches like everyone else!
  • #21,466
  • Aug 6, 2009 12:25pm Aug 6, 2009 12:25pm
AmeriTrini, my eagle eye in the sky looking beyond. Now that we're more than likely going to get a nice bearish close on our daily (new low and all), do you see a possiblity of a run back to 6900 before continuing to fall? I'm seeing it as a possiblity, but not enough to make me close my shorts out.
Just digging in the trenches like everyone else!
  • #21,467
  • Aug 6, 2009 12:26pm Aug 6, 2009 12:26pm
Quoting eohater
I think you have a very fair look on the market!

I appreciate that very much means a lot to me.
Here is a H4 line chart. I like to look at it because it shows very clearly the smoothed price movement and what price level seemed to be an important support/resistance. I am looking at 1.6640. Take a look both peaks are almost equal to the pip there. It also aligns with the 62 H4 SMA and the 38fib from the whole daily upmove from 1.5983. Just has a high probability taste in my eyes
Attached Image (click to enlarge)
Click to Enlarge Name: gu.jpg Size: 105 KB
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #21,468
  • Aug 6, 2009 12:26pm Aug 6, 2009 12:26pm
Quoting eohater
Stew was in here when I typed that smart ass comment. Nice of him to drop by don't you think?
I told you I saw him here and I told you I knew what his mission was. Anyone, and I mean ANYONE who would dare trade short in his precious "up trend" is a fool, or a fraud...LOL
Ghost Rider - WWTBMD?
  • #21,469
  • Aug 6, 2009 12:28pm Aug 6, 2009 12:28pm
Quoting eohater
Stew was in here when I typed that smart ass comment. Nice of him to drop by don't you think?

No ,, It isn't .. I have no patience for people like that.. I rread all that this am.. Stupid stuff. Life is to short.. Your better than that and as the great guiy you sre always seem to take the middle road if not the high one ( Depends if Bob's around )

Damn you made a trade call ? Was it a Zinger ???

Ps I saw it.... As always thanks for all your efforts and guidance...

Here is a salute for you.
http://www.silviapecota.com/media/1A_Salute/Salute.jpg
Good Trading To All ; Ken Lee
  • #21,470
  • Aug 6, 2009 12:29pm Aug 6, 2009 12:29pm
Quoting eohater
I wonder if that was a clear enough trade call? Maybe I need to post my order entry to show I'm not a fraud!
No need to post anything to backup your words, your words are enough......simply because they make sense!!!!

  • #21,471
  • Aug 6, 2009 12:30pm Aug 6, 2009 12:30pm
Quoting albchr
I told you I saw him here and I told you I knew what his mission was. Anyone, and I mean ANYONE who would dare trade short in his precious "up trend" is a fool, or a fraud...LOL
I kinda got a case of the ass over it today at lunch while talking with my girls (my employees are women). So to come back and see him in here, just threw gasoline on the fire. I wish him the best!
Just digging in the trenches like everyone else!
  • #21,472
  • Aug 6, 2009 12:31pm Aug 6, 2009 12:31pm
Go Baby go .. Give me back what you borrowed earlier. You know you can't keep it..
Good Trading To All ; Ken Lee
  • #21,473
  • Aug 6, 2009 12:32pm Aug 6, 2009 12:32pm
Quoting KENNETH lEE
No ,, It isn't .. I have no patience for people like that.. I rread all that this am.. Stupid stuff. Life is to short.. Your better than that and as the great guiy you sre always seem to take the middle road if not the high one ( Depends if Bob's around )

Damn you made a trade call ? Was it a Zinger ???

Ps I saw it.... As always thanks for all your efforts and guidance...

Here is a salute for you.
http://www.silviapecota.com/media/1A_Salute/Salute.jpg
==>
Hi, my name is Barry and you can keep your doctor...
  • #21,474
  • Aug 6, 2009 12:33pm Aug 6, 2009 12:33pm
Quoting KENNETH lEE
No ,, It isn't .. I have no patience for people like that.. I rread all that this am.. Stupid stuff. Life is to short.. Your better than that and as the great guiy you sre always seem to take the middle road if not the high one ( Depends if Bob's around )

Damn you made a trade call ? Was it a Zinger ???

Ps I saw it.... As always thanks for all your efforts and guidance...

Here is a salute for you.
Thank you Ken! It was all crap and I don't know why he choose to pick on me.

PS Bob and I like the salute from the ladies!

BTW: I've booked 11 on my position long and SL has been moved to 6755. The loss will not wipe out my gains. It'll be a wash.
Just digging in the trenches like everyone else!
  • #21,475
  • Aug 6, 2009 12:33pm Aug 6, 2009 12:33pm
Quoting AmeriTrini
No need to post anything to backup your words, your words are enough......simply because they make sense!!!!

Thanks bro!
Just digging in the trenches like everyone else!
  • #21,476
  • Aug 6, 2009 12:33pm Aug 6, 2009 12:33pm
Quoting eohater
I kinda got a case of the ass over it today at lunch while talking with my girls (my employees are women). So to come back and see him in here, just threw gasoline on the fire. I wish him the best!
I could tell it got you a bit. That's why I posted over here too.

Nice FREAKING salute KEN!!!
Ghost Rider - WWTBMD?
  • #21,477
  • Aug 6, 2009 12:35pm Aug 6, 2009 12:35pm
Quoting albchr
I told you I saw him here and I told you I knew what his mission was. Anyone, and I mean ANYONE who would dare trade short in his precious "up trend" is a fool, or a fraud...LOL
The trend is my friend, the trend is East over down peaks and up valleys!
Just digging in the trenches like everyone else!
  • #21,478
  • Aug 6, 2009 12:36pm Aug 6, 2009 12:36pm
Quoting deboooo2005
I'm out till now waiting 4 hour candle to close after 36 mins from now ... if its open below 1.6740 ... it will test 1 hour support between 1.6695 to 1.6684 ... if it hold i'll long there .. but if doesnt hold 1.649X .. but cable try to reverse
Looks good. Where would the T/P on the long be?
  • #21,479
  • Aug 6, 2009 12:36pm Aug 6, 2009 12:36pm
Quoting eohater
Thank you Ken! It was all crap and I don't know why he choose to pick on me.

PS Bob and I like the salute from the ladies!

BTW: I've booked 11 on my position long and SL has been moved to 6755. The loss will not wipe out my gains. It'll be a wash.

I should have coverd at 10 but did not I will close for a small loss if need be.. But I am visualizing a break of the 10 EMA.. Now all together be the ball>>>> and Bounce high really high..
Good Trading To All ; Ken Lee
  • #21,480
  • Aug 6, 2009 12:37pm Aug 6, 2009 12:37pm
Now, whoever might have taken the same long as me, realize, yes we've booked 11 pips and our only draw down was the spread. 11 pips will not make you rich, but if you put 11 pips together 10-20 times. You can do the math. Watch your h1 and the m15 21. The m15 21 will have sellers ready to go again.
Just digging in the trenches like everyone else!
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