Trade what you see NOT what you expect | Page 1258 | Forex Factory

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Trade what you see NOT what you expect

  • #25,141
  • Sep 2, 2009 1:50am Sep 2, 2009 1:50am
Quoting nAVIN2007
morning folks!
Nav...
Ghost Rider - WWTBMD?
  • #25,142
  • Sep 2, 2009 2:11am Sep 2, 2009 2:11am
Quoting albchr
Nav...
that double bottom is a bit worrying hey...whats yur view on it bro?
  • #25,143
  • Sep 2, 2009 2:12am Sep 2, 2009 2:12am
Quoting albchr
Nav...
Guys I'm sorry i broke the 10 pip rule! just tp on short 32 pips
  • #25,144
  • Sep 2, 2009 2:16am Sep 2, 2009 2:16am
Quoting nAVIN2007
that double bottom is a bit worrying hey...whats yur view on it bro?
I'm still in southbound mode myself overall. Yesterday closed outside my daily channel and ltl so that reinforces my feelings on it. I'm thinking at this point we might get a bit of a retrace to the 6200/20 perhaps 65 area max and then down we go.

I'm expecting some craziness with todays news though.
Ghost Rider - WWTBMD?
  • #25,145
  • Sep 2, 2009 2:17am Sep 2, 2009 2:17am
Quoting lazyboy
Guys I'm sorry i broke the 10 pip rule! just tp on short 32 pips
Well that's 32 strokes with a wet noodle for you then....

Good Job!
Ghost Rider - WWTBMD?
  • #25,146
  • Edited 2:33am Sep 2, 2009 2:20am | Edited 2:33am
Quoting albchr
I'm still in southbound mode myself overall. Yesterday closed outside my daily channel and ltl so that reinforces my feelings on it. I'm thinking at this point we might get a bit of a retrace to the 6200/20 perhaps 65 area max and then down we go.

I'm expecting some craziness with todays news though.
the news is expected to good for dollar i think..
  • #25,147
  • Sep 2, 2009 2:22am Sep 2, 2009 2:22am
Quoting albchr
Well that's 32 strokes with a wet noodle for you then....

Good Job!
  • #25,148
  • Sep 2, 2009 2:35am Sep 2, 2009 2:35am
Some shorting signals But it was at London open. But as we now know it worked out. Price action Trading
Attached Image (click to enlarge)
Click to Enlarge Name: misc GBP Chart a.JPG Size: 161 KB
Good Trading To All ; Ken Lee
  • #25,149
  • Sep 2, 2009 2:36am Sep 2, 2009 2:36am
Quoting nAVIN2007
the nes is expected to good for dollar i think..
I honestly have no idea brother. I know nothing about what effects the news has other than price can jump around pretty crazy during it. Heck, I've only had almost a year to learn technicals...LOL Funny Mentals would take many years to learn I'd imagine. So when it comes to news I have some basic rules I stick to.

1) If I'm in a trade and locked in green I pay no attention.
2) If I'm in a trade and not in green I "may" jump out before my SL gets hit.
3) If I'm not in a trade, I'll wait for the dust to settle before getting in one.
Ghost Rider - WWTBMD?
  • #25,150
  • Sep 2, 2009 2:40am Sep 2, 2009 2:40am
Quoting albchr
I honestly have no idea brother. I know nothing about what effects the news has other than price can jump around pretty crazy during it. Heck, I've only had almost a year to learn technicals...LOL Funny Mentals would take many years to learn I'd imagine. So when it comes to news I have some basic rules I stick to.

1) If I'm in a trade and locked in green I pay no attention.
2) If I'm in a trade and not in green I "may" jump out before my SL gets hit.
3) If I'm not in a trade, I'll wait for the dust to settle before getting in one.

Good rules...
Good Trading To All ; Ken Lee
  • #25,151
  • Sep 2, 2009 2:40am Sep 2, 2009 2:40am
Quoting KENNETH lEE
Some shorting signals But it was at London open. But as we now know it worked out. Price action Trading
exactly what i did Ken, beginners luck
  • #25,152
  • Sep 2, 2009 2:43am Sep 2, 2009 2:43am
catch you later guys,

Good trading to you all.
  • #25,153
  • Sep 2, 2009 3:16am Sep 2, 2009 3:16am
Quoting KENNETH lEE
Good rules...
Thanks Ken. They've kept me out of trouble for the most part. Actually, your prior post reminded me of another one too.

4) for the most part, I don't enter a trade within the first 30 minutes to an hour of London open.

I've seen (and been caught in) some crazy spikes happening around then...LOL
Ghost Rider - WWTBMD?
  • #25,154
  • Sep 2, 2009 3:21am Sep 2, 2009 3:21am
Nice looking 15m pin on the mistress.... A little heavy on the top wick though.
Ghost Rider - WWTBMD?
  • #25,155
  • Sep 2, 2009 5:42am Sep 2, 2009 5:42am
Morning, fellows

GU is still inside the channel.

I wish I was here to catch this bounce off lower TL in the morning.
Attached Image (click to enlarge)
Click to Enlarge Name: 4hrs.jpg Size: 104 KB
  • #25,156
  • Sep 2, 2009 6:25am Sep 2, 2009 6:25am
If anyone took a short off the m15 pin, book some profit and get it covered. We can still see 626x-627x today.
Just digging in the trenches like everyone else!
  • #25,157
  • Sep 2, 2009 6:26am Sep 2, 2009 6:26am
I've been up for 40min and I've booked over 40pips. Not bad for not even finishing my first cup of coffee!
Just digging in the trenches like everyone else!
  • #25,158
  • Sep 2, 2009 6:28am Sep 2, 2009 6:28am
Quoting eohater
If anyone took a short off the m15 pin, book some profit and get it covered. We can still see 626x-627x today.
BTW, if we clear 626x627x, next stop will be 632x.
Just digging in the trenches like everyone else!
  • #25,159
  • Sep 2, 2009 6:35am Sep 2, 2009 6:35am
Morning all

Just got closed out for 98.5 pips on my last 10th of a lot from the bottom

The possible targ of 1.626xx would that be the h4 support turned resistance
from the 28th and yesterday????

I won't jump back in long now at this price, just waiting for the top and reverse signal (listen to me sounding like some sort of pro )




Quoting eohater
I've been up for 40min and I've booked over 40pips. Not bad for not even finishing my first cup of coffee!
  • #25,160
  • Sep 2, 2009 6:39am Sep 2, 2009 6:39am
Long on the london break out????? I added there


Quoting eohater
I've been up for 40min and I've booked over 40pips. Not bad for not even finishing my first cup of coffee!
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