Trade what you see NOT what you expect | Page 1099 | Forex Factory

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Trade what you see NOT what you expect

  • #21,961
  • Aug 10, 2009 10:31am Aug 10, 2009 10:31am
Quoting eohater
I agree, I actually see 672x as our area for target on our long positions. I'd rather price hold here instead of going to 646x-7x first.
Same here..
Patience + Discipline - Greed = Success
  • #21,962
  • Aug 10, 2009 10:31am Aug 10, 2009 10:31am
Quoting Infinity
Quite possible bro! Buyers are weak so far... Where's Pippi and Cisco? They need to put a few lots on her...
Cisco is probably feeding the horses and Pippi is probably in the pool drinking his Crown.
Just digging in the trenches like everyone else!
  • #21,963
  • Aug 10, 2009 10:32am Aug 10, 2009 10:32am
last m15 close still not good for our longs...
Patience + Discipline - Greed = Success
  • #21,964
  • Aug 10, 2009 10:34am Aug 10, 2009 10:34am
Quoting Infinity
last m15 close still not good for our longs...
Nope! We shouldn't have taken them bro! But we have because of what we see and there's nothing wrong with that. There was reason behind our positions.

Now, all those US traders headed off to lunch can start squaring their positions anytime.
Just digging in the trenches like everyone else!
  • #21,965
  • Aug 10, 2009 10:38am Aug 10, 2009 10:38am
Speaking of lunch, I'm going to go grab some. My SL and TP points are set. Be back in about 1h.
Just digging in the trenches like everyone else!
  • #21,966
  • Aug 10, 2009 10:39am Aug 10, 2009 10:39am
Quoting eohater
Nope! We shouldn't have taken them bro! But we have because of what we see and there's nothing wrong with that. There was reason behind our positions.

Now, all those US traders headed off to lunch can start squaring their positions anytime.
That's right bro! I took this trade mainly based on higher tfs so I expect it to take longer to play out... but I also know where my line is drawn to take the loss if it crosses..
Patience + Discipline - Greed = Success
  • #21,967
  • Aug 10, 2009 10:40am Aug 10, 2009 10:40am
Quoting eohater
Speaking of lunch, I'm going to go grab some. My SL and TP points are set. Be back in about 1h.
I'm going to grab something myself bro! Have a good one...
Patience + Discipline - Greed = Success
  • #21,968
  • Aug 10, 2009 10:42am Aug 10, 2009 10:42am
Quoting Infinity
That's right bro! I took this trade mainly based on higher tfs so I expect it to take longer to play out... but I also know where my line is drawn to take the loss if it crosses..
We'll get out of this one just fine I believe. Then we'll revisit this area again today during the US Session to get in at better prices with bigger positions. I've only got 1/2 my normal position size on it because of entering off the HTF's. No worries here bro!

See you in about an hour.
Just digging in the trenches like everyone else!
  • #21,969
  • Aug 10, 2009 10:50am Aug 10, 2009 10:50am
Quoting Infinity
Quite possible bro! Buyers are weak so far... Where's Pippi and Cisco? They need to put a few lots on her...
I'm here, bro. Been running errands all morning long with more to do this afternoon, so it doesn't look like I'll be doing any investing today. There's always tomorrow.

Right now my backbone feels like it's rubbing my belly button so I think I'll grab some lunch before I head back out.

Nice to see you back in the saddle. This place just isn't the same without you.
Hi, my name is Barry and you can keep your doctor...
  • #21,970
  • Aug 10, 2009 11:17am Aug 10, 2009 11:17am
Quoting AmeriTrini
My View:

I favour long positions at the moment, looking for a current retest of the previous highs. If we fail at previous highs, then, lower we go. It's as simple as that. Previous lows must be takenout for me to alter.

My view has been altered.........lol. short term bearish now....but....overall, bullish.
  • #21,971
  • Aug 10, 2009 11:23am Aug 10, 2009 11:23am
hi guys ! Do you have 35EMA or SMA on your chart at 15Min TF?

Thank`s
  • #21,972
  • Aug 10, 2009 11:46am Aug 10, 2009 11:46am
Back from lunch and she came within 5 pips of my SL on my long position. Wish I could have see the mid 645x's to add to my position.
Just digging in the trenches like everyone else!
  • #21,973
  • Aug 10, 2009 11:47am Aug 10, 2009 11:47am
Quoting InDjaLV
hi guys ! Do you have 35EMA or SMA on your chart at 15Min TF?

Thank`s
It's a 35sma
Just digging in the trenches like everyone else!
  • #21,974
  • Aug 10, 2009 11:54am Aug 10, 2009 11:54am
Quoting Infinity
Quite possible bro! Buyers are weak so far... Where's Pippi and Cisco? They need to put a few lots on her...
Great to see you back!

I have been taking care of some online business this morning so I haven't checked in on you guys.

I have been short since 6714 and added back once at 6636. I'm currently long at 6453 off a trend line I have on a 3hr chart. I have been spanking the Mistress from the top and played her long a couple of times also.
  • #21,975
  • Aug 10, 2009 11:55am Aug 10, 2009 11:55am
Good afternoon EO and everyone. I hope you guys have been spanking the ladies.
  • #21,976
  • Aug 10, 2009 11:58am Aug 10, 2009 11:58am
Quoting PippiNole
Good afternoon EO and everyone. I hope you guys have been spanking the ladies.
I added shorts at the 6636 area this morning to my short position I carried over the weekend, but I've had one loss on a long position on the Mrs. and upside down on another long position I have as well. So, no, I've not been spanking her at all today, probably the other way around.
Just digging in the trenches like everyone else!
  • #21,977
  • Aug 10, 2009 12:02pm Aug 10, 2009 12:02pm
Here is the 3hr chart.

Attached Image (click to enlarge)
Click to Enlarge Name: 81009.JPG Size: 106 KB
  • #21,978
  • Aug 10, 2009 12:08pm Aug 10, 2009 12:08pm
Quoting eohater
I added shorts at the 6636 area this morning to my short position I carried over the weekend, but I've had one loss on a long position on the Mrs. and upside down on another long position I have as well. So, no, I've not been spanking her at all today, probably the other way around.
Sorry to here that bro.

I took a small 10 pip loss on a long at the 6500 area.

I have 20 pips in the bank on this long and I'm at BE. If she comes back I'll find another seat.
  • #21,979
  • Aug 10, 2009 12:11pm Aug 10, 2009 12:11pm
EO,

On this down move (GU).... and looking for a turning
point for a long entry or S/L with an existing long do
these MA's found on the higher TF charts factor into the
trade setup?

4HR 200sma 1.6463
Daily
35sma 1.6463
50sma 1.6454

thanks,

Dr. D.
  • #21,980
  • Aug 10, 2009 12:15pm Aug 10, 2009 12:15pm
Quoting fourxtrader
EO,

On this down move (GU).... and looking for a turning
point for a long entry or S/L with an existing long do
these MA's found on the higher TF charts factor into the
trade setup?

4HR 200sma 1.6463
[i][color=#0000ff]Daily...
Yes completely! The HTF ma's are what I use to determine my SL's. I place them on the other side of the ma's.
Just digging in the trenches like everyone else!
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