Trade what you see NOT what you expect | Page 1128 | Forex Factory

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Why did you start trading and what do you expect from it? 19 replies

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Trade what you see NOT what you expect

  • #22,541
  • Aug 13, 2009 8:42am Aug 13, 2009 8:42am
[quote=PippiNole;2952652]
Quoting Komissar

Brother I agree with you whole heartedly. I was talking to a healthcare recruiter for one of the largest hospital companies in the country(over 200 hospitals) yesterday. This person told me they typically have about 500 open positions at this time of year but they only have 57. Even the hospitals are piling work on the employees they currently have and not hiring.

That is why they are showing profits no better increase of sales just less overhead. Plus making full time jobs to parttime to cut benefits which lowers cost.. The smoke and mirrors will fall away and the fool behind the curtain will be exposed..

Australia showed actual job gains last month because they hired twice as many partime employess than they laid of fulltime .. You have to hire 2 people to cover the same time 1 fulltime does. simple math.. It is funny we can see all this. You know the experts know it too. But they want everyone to have that fuzzy good feeling..

Just keep trading and be independent of all these crap statistics.
Good Trading To All ; Ken Lee
  • #22,542
  • Aug 13, 2009 8:48am Aug 13, 2009 8:48am
Good morning everyone! My ass is dragging today! Concert wore my ass out! I see we've made a nice run north. My long position was mostly closed out at 6620, I have 1 soldier left and my SL on my shorts is at 6700. Let's see who wins!
Just digging in the trenches like everyone else!
  • #22,543
  • Aug 13, 2009 9:04am Aug 13, 2009 9:04am
Factory froze on me! I'm long at 6566.
Just digging in the trenches like everyone else!
  • #22,544
  • Aug 13, 2009 9:05am Aug 13, 2009 9:05am
Quoting eohater
Factory froze on me! I'm long at 6566.
25 booked so far
Just digging in the trenches like everyone else!
  • #22,545
  • Aug 13, 2009 9:10am Aug 13, 2009 9:10am
I'm covering my position right now. We've stalled on going back up. I think it's starting to sink in to the US that we're still in a shitload of trouble.
Just digging in the trenches like everyone else!
  • #22,546
  • Aug 13, 2009 9:16am Aug 13, 2009 9:16am
Quoting eohater
Factory froze on me! I'm long at 6566.
Please tell me I'm not the only one who took this long position? It's the simple m15 35 cross and reverse order. The 50's are sitting right below the 35 supporting the order. I know there were atleast 3 of us who took it.
Just digging in the trenches like everyone else!
  • #22,547
  • Aug 13, 2009 9:16am Aug 13, 2009 9:16am
Quoting eohater
I'm covering my position right now. We've stalled on going back up. I think it's starting to sink in to the US that we're still in a shitload of trouble.
Good morning EO & mates
Since a long time, Im back in this trading house... Hope all is good for you
I booked 30 on misstres right now
"Even A Thousand Mile Journey Begins with the First Step"
  • #22,548
  • Aug 13, 2009 9:18am Aug 13, 2009 9:18am
Quoting eohater
Please tell me I'm not the only one who took this long position? It's the simple m15 35 cross and reverse order. The 50's are sitting right below the 35 supporting the order. I know there were atleast 3 of us who took it.

I was going to ask if this was your setup but
I was looking for a 'shorter wick' on the 15m.

Dr. D.
  • #22,549
  • Aug 13, 2009 9:19am Aug 13, 2009 9:19am
I took it, this is my first trade since joining this thread a few days ago. Moved stop loss to break even. Im hoping it hits 6600 for a possible short....
jeff
Quoting eohater
Please tell me I'm not the only one who took this long position? It's the simple m15 35 cross and reverse order. The 50's are sitting right below the 35 supporting the order. I know there were atleast 3 of us who took it.
  • #22,550
  • Aug 13, 2009 9:21am Aug 13, 2009 9:21am
Quoting eohater
Please tell me I'm not the only one who took this long position? It's the simple m15 35 cross and reverse order. The 50's are sitting right below the 35 supporting the order. I know there were atleast 3 of us who took it.
Brother look to the back of the bus.

Making some nice pips on the other bus too.
  • #22,551
  • Aug 13, 2009 9:21am Aug 13, 2009 9:21am
Quoting fourxtrader
I was going to ask if this was your setup but
I was looking for a 'shorter wick' on the 15m.

Dr. D.
I can understand the hesitation. Here's an advanced way to trade it, set a PO near the price of the wick of the candle that closed through the 35. That's how I got my entry. Your SL is still 35 from the closed price though.
Just digging in the trenches like everyone else!
  • #22,552
  • Aug 13, 2009 9:23am Aug 13, 2009 9:23am
Quoting jeffmelvin
I took it, this is my first trade since joining this thread a few days ago. Moved stop loss to break even. Im hoping it hits 6600 for a possible short....
jeff
Outstanding! First trade from my thread and you're already green with at most an 8 pip draw down!
Just digging in the trenches like everyone else!
  • #22,553
  • Aug 13, 2009 9:24am Aug 13, 2009 9:24am
Quoting PippiNole
Brother look to the back of the bus.

Making some nice pips on the other bus too.
Brother, I figured you were already long on her ass from way down below!

I'll go put an eye on the mistress and see if she's willing to share today.
Just digging in the trenches like everyone else!
  • #22,554
  • Aug 13, 2009 9:24am Aug 13, 2009 9:24am
Quoting eohater
I can understand the hesitation. Here's an advanced way to trade it, set a PO near the price of the wick of the candle that closed through the 35. That's how I got my entry. Your SL is still 35 from the closed price though.
Thanks EO,

Your running commentary is invaluable
and always appreciated.

Dr. D.

  • #22,555
  • Aug 13, 2009 9:26am Aug 13, 2009 9:26am
Quoting fourxtrader
Thanks EO,

Your running commentary is invaluable
and always appreciated.

Dr. D.
Thank you! I can't post charts, trade and narrate all at the same time though! I wish I could.
Just digging in the trenches like everyone else!
  • #22,556
  • Aug 13, 2009 9:27am Aug 13, 2009 9:27am
Quoting eohater
Please tell me I'm not the only one who took this long position? It's the simple m15 35 cross and reverse order. The 50's are sitting right below the 35 supporting the order. I know there were atleast 3 of us who took it.
Who's the third person?...
Patience + Discipline - Greed = Success
  • #22,557
  • Aug 13, 2009 9:29am Aug 13, 2009 9:29am
I was in at 6567. but screwed up moving my stop up too early.

Still..... got in and banked 25 pips on half the position....which is the first time I have achieved this so very happy..




Quoting eohater
Please tell me I'm not the only one who took this long position? It's the simple m15 35 cross and reverse order. The 50's are sitting right below the 35 supporting the order. I know there were atleast 3 of us who took it.
  • #22,558
  • Aug 13, 2009 9:29am Aug 13, 2009 9:29am
Quoting Infinity
Who's the third person?...
Just digging in the trenches like everyone else!
  • #22,559
  • Aug 13, 2009 9:31am Aug 13, 2009 9:31am
Quoting Infinity
Who's the third person?...
The collective group of 'mushheads'
soaking it all in and eagerly learning.

Dr. D.
  • #22,560
  • Aug 13, 2009 9:35am Aug 13, 2009 9:35am
She's pausing! Breath everyone and figure out your next TP. I have 6615 and 6630. Position is covered now at +3.
Just digging in the trenches like everyone else!
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