Trade what you see NOT what you expect | Page 1157 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

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

How soon after you put on a trade do you expect to be "in the money"? 28 replies

How do you see trading - Do you see it as a means to an end? 12 replies

how long do you expect to trade? 10 replies

Trade What You See And Not What You Hope 0 replies

Attachments: Trade what you see NOT what you expect
Exit Attachments

Trade what you see NOT what you expect

  • #23,121
  • Aug 18, 2009 9:25am Aug 18, 2009 9:25am
Quoting davids
Its rock and roll time here bro still long gu from 1.6287 and also long GY from 154.053 added a new GU at 1.6423
Just digging in the trenches like everyone else!
  • #23,122
  • Aug 18, 2009 9:28am Aug 18, 2009 9:28am
I am hesitant of long positions atm..............
  • #23,123
  • Aug 18, 2009 9:28am Aug 18, 2009 9:28am
We might get a test of 648x, but she's still looking bullish across the board right now. If the 648x holds, then we'll go back to the 653x and try and push higher.
Just digging in the trenches like everyone else!
  • #23,124
  • Aug 18, 2009 9:29am Aug 18, 2009 9:29am
Quoting AmeriTrini
I am hesitant of long positions atm..............
Oh hell yeah! I couldn't buy at this price personally either, but if we do test the 648x area, m15 5, and it holds, then we'll continue back northward.
Just digging in the trenches like everyone else!
  • #23,125
  • Aug 18, 2009 9:33am Aug 18, 2009 9:33am
I tried a short at 1.6475 and you see how well that worked out for me but would like to see a test at 1.6480 and maybe go long with the right setup
Please ask questions and share your experiences with us all!
  • #23,126
  • Aug 18, 2009 9:34am Aug 18, 2009 9:34am
For the class 101: (with such statements)

Please share the S/R level or MA's or Fibs or other reasons that
are your target points.

"1.6480 looks like good resistance on my charts.
If we break 1.6480/90 then I would be looking at 1.6530 as potential target."

"Next stop 653x, we clear there, then we're going to 662x"

"We might get a test of 648x, but she's still looking bullish across the board right now. If the 648x holds, then we'll go back to the 653x and try and push higher."

Much appreciated,

Dr. D.
  • #23,127
  • Aug 18, 2009 9:34am Aug 18, 2009 9:34am
Quoting eohater
Oh hell yeah! I couldn't buy at this price personally either, but if we do test the 648x area, m15 5, and it holds, then we'll continue back northward.
I am with u on that one bro.....might be 6500 to support
  • #23,128
  • Aug 18, 2009 9:35am Aug 18, 2009 9:35am
Currently short at 6490... SL at 6560
Ghost Rider - WWTBMD?
  • #23,129
  • Aug 18, 2009 9:37am Aug 18, 2009 9:37am
Quoting albchr
Currently short at 6490... SL at 6560
We might get some tweezers here on the m15, which will bring us back down to your area possibly.
Just digging in the trenches like everyone else!
  • #23,130
  • Aug 18, 2009 9:41am Aug 18, 2009 9:41am
Quoting eohater
We might get some tweezers here on the m15, which will bring us back down to your area possibly.
Maybe, just pushed another 3 pips higher though.
Ghost Rider - WWTBMD?
  • #23,131
  • Aug 18, 2009 9:45am Aug 18, 2009 9:45am
Quoting fourxtrader
For the class 101: (with such statements)

Please share the S/R level or MA's or Fibs or other reasons that
are your target points.

"1.6480 looks like good resistance on my charts.
If we break 1.6480/90 then I would be looking at 1.6530 as potential target."

"Next stop 653x, we clear there, then we're going to 662x"

"We might get a test of 648x, but she's still looking bullish across the board right now. If the 648x holds, then we'll go back to the 653x...
Phew! I have a hard time explaining this. I just look at the charts and I see them. Here's an h4 chart and what I'm seeing. I have a hard time verbalizing what I see when it comes to these levels. I hope the picture is enough
Attached Image (click to enlarge)
Click to Enlarge Name: chart.PNG Size: 76 KB
Just digging in the trenches like everyone else!
  • #23,132
  • Aug 18, 2009 9:46am Aug 18, 2009 9:46am
Quoting cisco
We might be going back up. Price came right down to this old TL.
This guy's a friggin' genius...
Hi, my name is Barry and you can keep your doctor...
  • #23,133
  • Aug 18, 2009 9:49am Aug 18, 2009 9:49am
Quoting albchr
Maybe, just pushed another 3 pips higher though.
Invalidated the tweezers. You entered your position with a purpose and SL, don't let anything on here change your direction. If your seeing something that everyone else is missing in the big picture, then stay with you position. You position is not an intraday position though, more of a daily position.
Just digging in the trenches like everyone else!
  • #23,134
  • Aug 18, 2009 9:49am Aug 18, 2009 9:49am
Quoting cisco
This guy's a friggin' genius...
Just digging in the trenches like everyone else!
  • #23,135
  • Aug 18, 2009 9:52am Aug 18, 2009 9:52am
Quoting eohater
Invalidated the tweezers. You entered your position with a purpose and SL, don't let anything on here change your direction. If your seeing something that everyone else is missing in the big picture, then stay with you position. You position is not an intraday position though, more of a daily position.
I think I traded what I "expected" and not what I was seeing. I'll hold it and except the loss if need be. Already dropped 70 pips this morning though so...
Ghost Rider - WWTBMD?
  • #23,136
  • Aug 18, 2009 9:52am Aug 18, 2009 9:52am
Quoting eohater
Invalidated the tweezers. You entered your position with a purpose and SL, don't let anything on here change your direction. If your seeing something that everyone else is missing in the big picture, then stay with you position. You position is not an intraday position though, more of a daily position.
On the downside would you agree that 1.6480/1.6565 are potential targets based on PA
Please ask questions and share your experiences with us all!
  • #23,137
  • Aug 18, 2009 9:53am Aug 18, 2009 9:53am
Quoting cisco
This guy's a friggin' genius...
  • #23,138
  • Aug 18, 2009 9:56am Aug 18, 2009 9:56am
Quoting albchr
I think I traded what I "expected" and not what I was seeing. I'll hold it and except the loss if need be. Already dropped 70 pips this morning though so...
Hey Alb,

Hows it going, used to see you in the J16 thread, this seems like a great thread for PA also, I like the focus on one pair (mainly). Really getting a feel for a pair must add a big boost to choosing good setups.
I hear and I forget. I see and I remember. I do and I understand.
  • #23,139
  • Aug 18, 2009 10:00am Aug 18, 2009 10:00am
Quoting eohater
Phew! I have a hard time explaining this. I just look at the charts and I see them. Here's an h4 chart and what I'm seeing. I have a hard time verbalizing what I see when it comes to these levels. I hope the picture is enough
I can understand if this is not a good time
to be showing charts and instructing while
busy in a trade or avoiding being impailed by
a dredded tweezer top.

I'm short from 1.6535....

why? because someone said so....but,
my why's will improve with time... LOL.

Actually from my broker's running commentary
they said: "the knee jerk move in the cable found
resistance at the 200 hr sma (?) 1.6535 and we
would not rule out a move back towards the 100 h
sma at 1.6479."

Dr. D.
  • #23,140
  • Aug 18, 2009 10:01am Aug 18, 2009 10:01am
Quoting bkg102665
On the downside would you agree that 1.6480/1.6565 are potential targets based on PA
I would agree on 6480, but the 6565 is above us yes?
Just digging in the trenches like everyone else!
5 traders viewing now