Trade what you see NOT what you expect | Page 1113 | Forex Factory

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Trade what you see NOT what you expect

  • #22,241
  • Aug 12, 2009 2:19am Aug 12, 2009 2:19am
300 pips down off the 1hr 62 on the Mistress since yesterday.
  • #22,242
  • Aug 12, 2009 2:21am Aug 12, 2009 2:21am
I'm on the short train, however I'm aware of the trendline below, will it break? Time will tell. My first tp is 1.6350 , let's see how it plays out.
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  • #22,243
  • Aug 12, 2009 2:22am Aug 12, 2009 2:22am
Quoting eohater
I'm a buyer right here myself. Long from 6435, I'm early though from how things developed after my order was filled.
Hey bro! That's where I closed my remaining shorts from 6407.. I went long at 35 as well but my stop was 7 pips.... I went short again at 35 after we closed below 30 on h1.. 6350 looks to be on..
Patience + Discipline - Greed = Success
  • #22,244
  • Aug 12, 2009 2:25am Aug 12, 2009 2:25am
Quoting GodfreyH
I'm on the short train, however I'm aware of the trendline below, will it break? Time will tell. My first tp is 1.6350 , let's see how it plays out.
Nice chart! I was about to mention that trendline as well.. I took 40 pips and covered the short +2... I wanted to long at that tl.... but decided against it...
Patience + Discipline - Greed = Success
  • #22,245
  • Aug 12, 2009 2:25am Aug 12, 2009 2:25am
Quoting GodfreyH
I'm on the short train, however I'm aware of the trendline below, will it break? Time will tell. My first tp is 1.6350 , let's see how it plays out.
Excellent Godfrey! My short position is targeting much lower than 6350, I have 6150 in my sights.
Just digging in the trenches like everyone else!
  • #22,246
  • Aug 12, 2009 2:26am Aug 12, 2009 2:26am
Quoting albchr
Yeah, an interesting little spike down there...lol

Long at 6405 SL at 6375
Booked 1/2 at +10 rest covered BE
Ghost Rider - WWTBMD?
  • #22,247
  • Aug 12, 2009 2:27am Aug 12, 2009 2:27am
Quoting Infinity
Hey bro! That's where I closed my remaining shorts from 6407.. I went long at 35 as well but my stop was 7 pips.... I went short again at 35 after we closed below 30 on h1.. 6350 looks to be on..
I just got out of my position bro at +2. I added at 6400.
Just digging in the trenches like everyone else!
  • #22,248
  • Aug 12, 2009 2:28am Aug 12, 2009 2:28am
Quoting Infinity
Hey bro! That's where I closed my remaining shorts from 6407.. I went long at 35 as well but my stop was 7 pips.... I went short again at 35 after we closed below 30 on h1.. 6350 looks to be on..
BTW, anyone reading this, take note on how Infinity did his trade. He took the loss, then reversed because we did break the h1 range after we broke the m15 range.

Excellent freaking trading brother!
Just digging in the trenches like everyone else!
  • #22,249
  • Aug 12, 2009 2:29am Aug 12, 2009 2:29am
Quoting eohater
I just got out of my position bro at +2. I added at 6400.
Great job bro! Did you get on the short train?
Patience + Discipline - Greed = Success
  • #22,250
  • Aug 12, 2009 2:30am Aug 12, 2009 2:30am
Quoting Infinity
Nice chart! I was about to mention that trendline as well.. I took 40 pips and covered the short +2... I wanted to long at that tl.... but decided against it...
Yes... I'll cover as well. , just in case... lol
  • #22,251
  • Aug 12, 2009 2:30am Aug 12, 2009 2:30am
Quoting albchr
Booked 1/2 at +10 rest covered BE
Good job! If we close our h4 in 30m under 6430, we will see 6350 and maybe more in my eyes, that'll be 3 tf ranges we will have broken.
Just digging in the trenches like everyone else!
  • #22,252
  • Aug 12, 2009 2:32am Aug 12, 2009 2:32am
Quoting eohater
BTW, anyone reading this, take note on how Infinity did his trade. He took the loss, then reversed because we did break the h1 range after we broke the m15 range.

Excellent freaking trading brother!
Thanks bro!... seems we have a possible reversal on m15.. lets see if 6430 holds her again..
Patience + Discipline - Greed = Success
  • #22,253
  • Aug 12, 2009 2:33am Aug 12, 2009 2:33am
Quoting Infinity
Great job bro! Did you get on the short train?
I have 3 soldiers left from my shorts from last week that I added to at 6636 this week. I'm marching them as far as I can and the turn of this h4 will determine if I book some more profit on them or leave them to continue on.
Just digging in the trenches like everyone else!
  • #22,254
  • Aug 12, 2009 2:33am Aug 12, 2009 2:33am
Quoting Infinity
Hey bro! That's where I closed my remaining shorts from 6407.. I went long at 35 as well but my stop was 7 pips.... I went short again at 35 after we closed below 30 on h1.. 6350 looks to be on..
Nice trading.
  • #22,255
  • Aug 12, 2009 2:33am Aug 12, 2009 2:33am
Quoting eohater
Excellent Godfrey! My short position is targeting much lower than 6350, I have 6150 in my sights.
, I need to learn to stick with a trade like that.
  • #22,256
  • Aug 12, 2009 2:34am Aug 12, 2009 2:34am
Quoting eohater
Good job! If we close our h4 in 30m under 6430, we will see 6350 and maybe more in my eyes, that'll be 3 tf ranges we will have broken.
Agreed. I put a 15 pip trailer on her because I have doubts about closing above 6430. So I'm +10 now on the second half. I'll hop the south train if that's the case.
Ghost Rider - WWTBMD?
  • #22,257
  • Aug 12, 2009 2:36am Aug 12, 2009 2:36am
Quoting GodfreyH
Yes... I'll cover as well. , just in case... lol
Nothing wrong with that.. My remaining short was just stopped out by the way... my stop was actually set at +5, not +2.... I guess I'm tired...
Patience + Discipline - Greed = Success
  • #22,258
  • Aug 12, 2009 2:36am Aug 12, 2009 2:36am
Quoting Infinity
Thanks bro!... seems we have a possible reversal on m15.. lets see if 6430 holds her again..
This m15 working candle will tell I believe. If the 5 holds, back down we'll go. 6443 is what we also want to see hold her from the closed prices of the h1's prior where you got in long yesterday morning at 6435.
Just digging in the trenches like everyone else!
  • #22,259
  • Aug 12, 2009 2:38am Aug 12, 2009 2:38am
Quoting eohater
I have 3 soldiers left from my shorts from last week that I added to at 6636 this week. I'm marching them as far as I can and the turn of this h4 will determine if I book some more profit on them or leave them to continue on.
Excellent stuff bro!....
Patience + Discipline - Greed = Success
  • #22,260
  • Aug 12, 2009 2:39am Aug 12, 2009 2:39am
Quoting PippiNole
Nice trading.
Thanks Pippi..
Patience + Discipline - Greed = Success
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