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Trade what you see NOT what you expect

  • #24,081
  • Aug 25, 2009 8:59am Aug 25, 2009 8:59am
Quoting robgsxr
Because we're still in a range on both pairs????

could you elaborate?
Here's the best elaboration for you that I can provide. All pairs range, whether that range is 1000 pips or only 10 pips. It's just a big range to me. No matter what time frame I look at, it's all just a range. You see, I have no conviction on direction at any point in time.
Just digging in the trenches like everyone else!
  • #24,082
  • Edited 9:06am Aug 25, 2009 9:05am | Edited 9:06am
Excellent... that is perhaps the most enlightening statement I may have heard in forex trading.




Quoting eohater
Here's the best elaboration for you that I can provide. All pairs range, whether that range is 1000 pips or only 10 pips. It's just a big range to me. No matter what time frame I look at, it's all just a range. You see, I have no conviction on direction at any point in time.
  • #24,083
  • Aug 25, 2009 9:07am Aug 25, 2009 9:07am
Quoting robgsxr
Excellent... that is perhaps the most enlightrning statement I may have heard in forex trading.

Everybody bashes Infinity and myself for our willingness to go against the population, but in reality, the only direction that is true is East.
Just digging in the trenches like everyone else!
  • #24,084
  • Aug 25, 2009 9:10am Aug 25, 2009 9:10am
Quoting 4fun
Sure does put 25 in the sachel rest at b/e plus 1
She's coming to get you I believe. Good job on your positive pippage! Did you book anymore on our massive spike? I almost had 2 TP hit on my long position, one at 135.50 was hit, the other at 136 was just missed.
Just digging in the trenches like everyone else!
  • #24,085
  • Aug 25, 2009 9:14am Aug 25, 2009 9:14am
Quoting eohater
Did anyone get in long on the mistress off the m15 10? Same goes for the Mrs.!
I'm just SO sick right now EO. Too tight a stop cost me 20 this morning on this position below.


Originally Posted by albchr http://cloud.forexfactory.com/images...s/viewpost.gif
Taking another stab at the mistress.

Long 134.70 off the 1H/200 and 1H support at 134.61. Sl at 134.50.
(.2) standard.
Ghost Rider - WWTBMD?
  • #24,086
  • Aug 25, 2009 9:15am Aug 25, 2009 9:15am
I am sure you are not surprised at the bashing.

Envy can lead to all sorts of strange opinions, rarely based on truth or fact and often closes off the mind to possibilities




Quoting eohater
Everybody bashes Infinity and myself for our willingness to go against the population, but in reality, the only direction that is true is East.
  • #24,087
  • Aug 25, 2009 9:16am Aug 25, 2009 9:16am
Quoting eohater
You in a position or flat currently?
Sorry had to go out a for a bit so did not see your post I was long from 1.6366

flat right now
  • #24,088
  • Aug 25, 2009 9:20am Aug 25, 2009 9:20am
Quoting davids
Sorry had to go out a for a bit so did not see your post I was long from 1.6366

flat right now
Nice entry you had there! I'm sure you booked some nice pippage on the move like myself. I was long from 6362 on GU. I've jumped short at 6396 and booked 20 and covered now.
Just digging in the trenches like everyone else!
  • #24,089
  • Aug 25, 2009 9:21am Aug 25, 2009 9:21am
Quoting albchr
I'm just SO sick right now EO. Too tight a stop cost me 20 this morning on this position below.


Originally Posted by albchr http://cloud.forexfactory.com/images...s/viewpost.gif
Taking another stab at the mistress.

Long 134.70 off the 1H/200 and 1H support at 134.61. Sl at 134.50.
(.2) standard.
Sorry brother! Did you get back in long? Did you get in short? Are you flat?
Just digging in the trenches like everyone else!
  • #24,090
  • Aug 25, 2009 9:23am Aug 25, 2009 9:23am
Quoting eohater
Nice entry you had there! I'm sure you booked some nice pippage on the move like myself. I was long from 6362 on GU. I've jumped short at 6396 and booked 20 and covered now.
nice Bro looks like she is going back up again
  • #24,091
  • Aug 25, 2009 9:24am Aug 25, 2009 9:24am
Quoting robgsxr
I am sure you are not surprised at the bashing.

Envy can lead to all sorts of strange opinions, rarely based on truth or fact and often closes off the mind to possibilities

People can bash all they like, just no here in my thread! Too many people get a conviction that price is going to only this direction without looking both ways. Too many people talk about, you have to trade with the trend, the trend is your friend, yadda yadda yadda. Now, don't get me wrong, when she moves to a trending state, like after the morning breakout, then yes, you need to go with the flow, but be ready for her to turn around and move back up again. She's living and breathing and she exhales and inhales as such.
Just digging in the trenches like everyone else!
  • #24,092
  • Aug 25, 2009 9:24am Aug 25, 2009 9:24am
I have been trading from a higher tf 1hr and up and in reviewing my trades I saw a glaring fault in having a bias. I would place a trade it would go to where my tp was set leave pa to go the other direction yet I wouldnt make the trade. Combination of being happy with what I got and not wanting to trade against my bias.

This is one of the main reasons I am here, you guys dont give a damn which way north or south just ride the wave. I have only traded forex for 1 year and have concluded going with the flow is the best way to capture pips, having no bias and the ability and confidence to turn on a dime by watching pa is the fastest way to grow an account.

Got out of e/j @135.69
  • #24,093
  • Aug 25, 2009 9:26am Aug 25, 2009 9:26am
Quoting davids
nice Bro looks like she is going back up again
She could very well go back up! My h1 is bearish atm, so I'm not ready to pull a long out of my hat just yet. The working m15 is acting like she's going to give us a hammer, but she still has 5m to complete it's formation.
Just digging in the trenches like everyone else!
  • #24,094
  • Aug 25, 2009 9:27am Aug 25, 2009 9:27am
Quoting 4fun
I have been trading from a higher tf 1hr and up and in reviewing my trades I saw a glaring fault in having a bias. I would place a trade it would go to where my tp was set leave pa to go the other direction yet I wouldnt make the trade. Combination of being happy with what I got and not wanting to trade against my bias.

This is one of the main reasons I am here, you guys dont give a damn which way north or south just ride the wave. I have only traded forex for 1 year and have concluded going with the flow is the best way to capture pips, having...
Good job on your long on EJ.

Welcome to the free world!
Just digging in the trenches like everyone else!
  • #24,095
  • Aug 25, 2009 9:28am Aug 25, 2009 9:28am
Quoting eohater
Sorry brother! Did you get back in long? Did you get in short? Are you flat?
Flat & confused atm....lol
Ghost Rider - WWTBMD?
  • #24,096
  • Aug 25, 2009 9:28am Aug 25, 2009 9:28am
Does anyone think we can see 628x today?
Just digging in the trenches like everyone else!
  • #24,097
  • Aug 25, 2009 9:31am Aug 25, 2009 9:31am
Quoting eohater
Does anyone think we can see 628x today?
I believe anything can happen!!
Attached Image (click to enlarge)
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  • #24,098
  • Aug 25, 2009 9:33am Aug 25, 2009 9:33am
man thiss is like an exact repeat of yesterday.
'The past will always show us the future'
  • #24,099
  • Aug 25, 2009 9:38am Aug 25, 2009 9:38am
Looks like the 21 caught e/j left without me
  • #24,100
  • Aug 25, 2009 9:41am Aug 25, 2009 9:41am
Not experienced enough to say

My broker FXCM quoted 1.627 target since this morning and I generally use their estimates as lines in the sand

It does seem that the 636xx area is a strong demand however.


Quoting eohater
Does anyone think we can see 628x today?
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