Trade what you see NOT what you expect | Page 1133 | Forex Factory

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Trade what you see NOT what you expect

  • #22,641
  • Aug 13, 2009 11:58am Aug 13, 2009 11:58am
Quoting Isty
Hi Guys,

Did we go below 1 pip the H1 tweezers on your chart?
In mine i went below it...
I think I must be the only person who didn't get those tweezers. But yeah it went 1 pip below what I guess everybody else had as tweezers
'The past will always show us the future'
  • #22,642
  • Aug 13, 2009 12:00pm Aug 13, 2009 12:00pm
Quoting Isty
Hi Guys,

Did we go below 1 pip the H1 tweezers on your chart?
In mine i went below it...
Went right to it on mine. The h1 tweezers have 6563 and 6564 as their respective prices and my feed went right to 6563. This will be the last round of buyers off those tweezers. Next time price visits here, it will invalidate them. Keep your eye on the h1 50/62 though. I don't want to hear that someone went short at 6550 and they don't understand why they got their clock cleaned or endure a long draw down.

Off to lunch now.
Just digging in the trenches like everyone else!
  • #22,643
  • Aug 13, 2009 12:02pm Aug 13, 2009 12:02pm
Quoting terje
I think I must be the only person who didn't get those tweezers. But yeah it went 1 pip below what I guess everybody else had as tweezers
Thanks

My chart is correct than...This tweezers bottom are on the yesterday's high. We might bounce from here, but because that 1 pip i still wait for the H1 ema62 touch if it comes
  • #22,644
  • Aug 13, 2009 12:09pm Aug 13, 2009 12:09pm
Quoting eohater
Went right to it on mine. The h1 tweezers have 6563 and 6564 as their respective prices and my feed went right to 6563. This will be the last round of buyers off those tweezers. Next time price visits here, it will invalidate them. Keep your eye on the h1 50/62 though. I don't want to hear that someone went short at 6550 and they don't understand why they got their clock cleaned or endure a long draw down.

Off to lunch now.
Definately! It is not the price for shorts...I just closed my shorts, but was not convinced to go long yet.. .Might be at the H1 62/50 if we see that

Enjoy your lunch EO, I have some dinner soon
  • #22,645
  • Aug 13, 2009 12:17pm Aug 13, 2009 12:17pm
ej, M15 some volume near 136...
Trade with the momentum
  • #22,646
  • Aug 13, 2009 12:39pm Aug 13, 2009 12:39pm
My long on the second 15m 35-50 cross
is still playing out and in the green.
It didn't quite drop to hit my stop.

Demo only on this higher risk trade.

Forever learning.

Dr. D
  • #22,647
  • Aug 13, 2009 1:05pm Aug 13, 2009 1:05pm
Quoting fourxtrader
My long on the second 15m 35-50 cross
is still playing out and in the green.
It didn't quite drop to hit my stop.

Demo only on this higher risk trade.

Forever learning.

Dr. D

STOPPED OUT @ 5 PIP LOSS.
Should have taken some profit when it
was up 10+.

Dr. D.
  • #22,648
  • Aug 13, 2009 1:13pm Aug 13, 2009 1:13pm
Back from lunch!

I hope everyone got a short position. Unfortunately, my PO did not get filled.
Just digging in the trenches like everyone else!
  • #22,649
  • Aug 13, 2009 1:13pm Aug 13, 2009 1:13pm
GU "1h 62ema bounce" 1.6541 next in play.

Dr. D.
Attached Image (click to enlarge)
Click to Enlarge Name: gu 62 ema 1.6541.gif Size: 22 KB
  • #22,650
  • Aug 13, 2009 1:18pm Aug 13, 2009 1:18pm
Quoting fourxtrader
GU "1h 62ema bounce" 1.6541 next in play.

Dr. D.
I'm eyeballing the h1 50, it's in line with the m15 200. We break this range on the bottom, I think we can see the m15 200 rather quickly. It has to break this range it's in right now though, but our h4 is bearish and the last h1 didn't have enough power to continue the movement north.
Just digging in the trenches like everyone else!
  • #22,651
  • Aug 13, 2009 1:19pm Aug 13, 2009 1:19pm
Quoting sailor68
ej, H4 what i see, if we draw one horizontal line at the area of psych levels 136, we can see that this line hold some candles, bounce or break.....im short already but let we see the reaction on this support.
right now on ej just close my short position at 135.67 +110 pips i didn't wait for some exit candle pattern, but just because of the weekly support area...
Trade with the momentum
  • #22,652
  • Edited 1:34pm Aug 13, 2009 1:24pm | Edited 1:34pm
Quoting eohater
Back from lunch!

I hope everyone got a short position. Unfortunately, my PO did not get filled.
Would that be the following?: (taken from the EO pdf manual pg 6)


c) "5-o’clock somewhere" bounce
When the MA’s are all lined up and pointing steeply up or steeply down (ie if it were the hand of a clock it would be pointing at the 1 or the 5 on the clock face), trade bounces off the 5/10MAs in direction of the trend/MA’s.
  • #22,653
  • Aug 13, 2009 1:27pm Aug 13, 2009 1:27pm
Looks like we battling GU uptrend on 15min lets see how it plays out, perhaps break of trend line and short on a pullback to that line will play out.
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Click to Enlarge Name: guuptrend.jpg Size: 95 KB
  • #22,654
  • Aug 13, 2009 1:34pm Aug 13, 2009 1:34pm
Quoting fourxtrader
Would that be the following?:


c) "5-o’clock somewhere" bounce
When the MA’s are all lined up and pointing steeply up or steeply down (ie if it were the hand of a clock it would be pointing at the 1 or the 5 on the clock face), trade bounces off the 5/10MAs in direction of the trend/MA’s.
It doesn't really fall in that catagory for me, but I can see what your saying. What the 1 and 5 are referring to are on the m15 when she is trending and people don't know what the trend is and when to get it. Right now on the m15, all ma's are flat and going east which supports this range we're currently in. When she breaks the range, then you will see the ma's starting to point.
Just digging in the trenches like everyone else!
  • #22,655
  • Aug 13, 2009 1:41pm Aug 13, 2009 1:41pm
I love my home here guys!

No pissing, yelling, name calling or any of that garbage that goes on in another thread we all know about.

Thank you!
Just digging in the trenches like everyone else!
  • #22,656
  • Aug 13, 2009 1:43pm Aug 13, 2009 1:43pm
Alright, now let's look at the market. Our bearish h4 is loosing power. She's having problems with getting past the tweezer bottoms. We still have an hour and 15m for the h4 to finish it's tone, but we look at our m15 and see that she's done nothing more than ranged and went east. Money to have been made for sure, but no direction has been set.
Just digging in the trenches like everyone else!
  • #22,657
  • Aug 13, 2009 1:45pm Aug 13, 2009 1:45pm
Quoting eohater
I love my home here guys!

No pissing, yelling, name calling or any of that garbage that goes on in another thread we all know about.

Thank you!
What the ____ are you talking about you bleeping bleep.
  • #22,658
  • Aug 13, 2009 1:47pm Aug 13, 2009 1:47pm
proper gentlements thread

trying short at 73 with stop at 93 - totaly based on hunch
  • #22,659
  • Aug 13, 2009 1:47pm Aug 13, 2009 1:47pm
Quoting PippiNole
What the ____ are you talking about you bleeping bleep.
Just digging in the trenches like everyone else!
  • #22,660
  • Aug 13, 2009 1:48pm Aug 13, 2009 1:48pm
Quoting eohater
I love my home here guys!

No pissing, yelling, name calling or any of that garbage that goes on in another thread we all know about.

Thank you!
Kendered spiritis and like minds!
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