Trade what you see NOT what you expect | Page 1215 | Forex Factory

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Trade what you see NOT what you expect

  • #24,281
  • Aug 26, 2009 12:32pm Aug 26, 2009 12:32pm
Quoting albchr
Small short from 6232. Closed 1/3 at +12 and moved SL to +2
Good job! Now your working it for what she's worth!
Just digging in the trenches like everyone else!
  • #24,282
  • Aug 26, 2009 12:32pm Aug 26, 2009 12:32pm
Quoting KENNETH lEE



LOL...if I ever get the guts to do that with a full lot Ken, I'll be making some money then. I probably should have because this one off the 1H and 15m candles was pretty obvious that it would be in profit rather quickly. But I always get a bit a nervous right after lunch time. No telling what those boys might do when they get back with full bellys...
Ghost Rider - WWTBMD?
  • #24,283
  • Aug 26, 2009 12:32pm Aug 26, 2009 12:32pm
Quoting fourxtrader
Most Americans are simply too stupid to see this.


After watching interviews of Obama voters as they exited polling places I've become a supporter of giving a written test to voters before they're allowed to vote, much like the testing of immigrants trying to become citizens. I'm convinced that 90% of them couldn't pass the citizenship test.

Hell...90% may be a low figure!

I recall standing in a line before the last election and hearing a minority group of Obama supporters who were absolutely convinced they wouldn't have to make a house or car payment if Obama was elected. They were sure the gov't would do it for them. Before it's all said and done, they may end up being right.
Hi, my name is Barry and you can keep your doctor...
  • #24,284
  • Aug 26, 2009 12:36pm Aug 26, 2009 12:36pm
Quoting albchr
Small short from 6232. Closed 1/3 at +12 and moved SL to +2
SL hit...lol
Ghost Rider - WWTBMD?
  • #24,285
  • Aug 26, 2009 12:37pm Aug 26, 2009 12:37pm
Quoting albchr
LOL...if I ever get the guts to do that with a full lot Ken, I'll be making some money then. I probably should have because this one off the 1H and 15m candles was pretty obvious that it would be in profit rather quickly. But I always get a bit a nervous right after lunch time. No telling what those boys might do when they get back with full bellys...

Baby steps don't rush it you will when it feels right, Just remember that setup and if 9 out of 10 work then you gain the confidence..
Good Trading To All ; Ken Lee
  • #24,286
  • Aug 26, 2009 12:39pm Aug 26, 2009 12:39pm
Quoting KENNETH lEE
Baby steps don't rush it you will when it feels right, Just remember that setup and if 9 out of 10 work then you gain the confidence..
Ghost Rider - WWTBMD?
  • #24,287
  • Aug 26, 2009 12:39pm Aug 26, 2009 12:39pm
E/J did not make it down as low again , Why did I not take the long.. Who's got the stick..

would have been a nice 20 pipper pretty good for a day like today.. I am sure those that took the short from the tops aren't complianing at all though..

One day Toto..
Good Trading To All ; Ken Lee
  • #24,288
  • Aug 26, 2009 12:41pm Aug 26, 2009 12:41pm
Seems like e/j trying to put in a bottom around yesterdays low but i dont trust it atm?
  • #24,289
  • Aug 26, 2009 12:50pm Aug 26, 2009 12:50pm
Back from lunch and didn't see no long legged mackdaddy.
  • #24,290
  • Aug 26, 2009 12:52pm Aug 26, 2009 12:52pm
I just read an interesting article about an energy trader at CITI. His name is Andrew Hall. Apparently he's pretty good at his job because his trades have entitled him to make a $100 million bonus.

Now there's a controversy over whether he'll get his bonus since CITI received federally funded bailout money.

I say pay the guy if that's the way his contract is structured.
Hi, my name is Barry and you can keep your doctor...
  • #24,291
  • Aug 26, 2009 12:53pm Aug 26, 2009 12:53pm
Quoting PippiNole
Back from lunch and didn't see no long legged mackdaddy.
That's a good thing in my book.
Hi, my name is Barry and you can keep your doctor...
  • #24,292
  • Aug 26, 2009 12:54pm Aug 26, 2009 12:54pm
Quoting cisco
I just read an interesting article about an energy trader at CITI. His name is Andrew Hall. Apparently he's pretty good at his job because his trades have entitled him to make a $100 million bonus.

Now there's a controversy over whether he'll get his bonus since CITI received federally funded bailout money.

I say pay the guy if that's the way his contract is structured.

EO must have taught him how to trade.
  • #24,293
  • Aug 26, 2009 1:00pm Aug 26, 2009 1:00pm
EO did you Gump EJ again? I missed it.
  • #24,294
  • Aug 26, 2009 1:00pm Aug 26, 2009 1:00pm
Quoting PippiNole
EO must have taught him how to trade.
No brother! He's made a killing in the oil market. I had never traded oil before in my life until it got same damn cheap I couldn't afford not to buy. I'm glad I did! It's paid me well and my remaining positions will probably get passed onto my grandchildren.
Just digging in the trenches like everyone else!
  • #24,295
  • Aug 26, 2009 1:01pm Aug 26, 2009 1:01pm
good afternoon all. Hey, I've been on this thread a few weeks, but cant seem to find what "DBLHC" means....
jeff

Quoting eohater
DBLHC it is! Price is staying above the m15 5.
  • #24,296
  • Aug 26, 2009 1:02pm Aug 26, 2009 1:02pm
Quoting PippiNole
EO did you Gump EJ again? I missed it.
I did! Sorry your missed it! Just took most off at 134.33.
Just digging in the trenches like everyone else!
  • #24,297
  • Aug 26, 2009 1:03pm Aug 26, 2009 1:03pm
Quoting eohater
No brother! He's made a killing in the oil market. I had never traded oil before in my life until it got same damn cheap I couldn't afford not to buy. I'm glad I did! It's paid me well and my remaining positions will probably get passed onto my grandchildren.
I've never traded that market but I thought oil was traded on a futures contract that had an expiration date. If it has an expiry date how can you continue to hold it so far into the future?
Hi, my name is Barry and you can keep your doctor...
  • #24,298
  • Aug 26, 2009 1:03pm Aug 26, 2009 1:03pm
Quoting jeffmelvin
good afternoon all. Hey, I've been on this thread a few weeks, but cant seem to find what "DBLHC" means....
jeff
Double Low High Close

Let me know if you would like a chart.
Just digging in the trenches like everyone else!
  • #24,299
  • Aug 26, 2009 1:04pm Aug 26, 2009 1:04pm
Quoting eohater
No brother! He's made a killing in the oil market. I had never traded oil before in my life until it got same damn cheap I couldn't afford not to buy. I'm glad I did! It's paid me well and my remaining positions will probably get passed onto my grandchildren.
Can I be an adopted grandchild?
  • #24,300
  • Aug 26, 2009 1:04pm Aug 26, 2009 1:04pm
Hi guys.

I'm a newbe here,

I'm confused about the direction of the gu at the moment.

my 4hr charts shows a big hammer,but i know you guys mentioned that you still expect that it should go lower.

Could someone please tell,what should one do at the momment,regarding the 4hr chart hammer pin.

Thanks in advance.
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