Trade what you see NOT what you expect | Page 1270 | Forex Factory

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Trade what you see NOT what you expect

  • #25,381
  • Sep 3, 2009 1:13pm Sep 3, 2009 1:13pm
Quoting cisco
The daily 50, H 10 and the m15 35 are all about the same price. Might be a good target.
Good call
  • #25,382
  • Edited 3:35pm Sep 3, 2009 2:13pm | Edited 3:35pm
Take a look at this it has to happen for a turn always it can not turn without this happening. Also look at the news spike on the right see were it stopped and fell. again and again.. These things happen just look for them add to your knowledge as you go.

If you saw these and went long your in pretty good shape to fail. So look for the candles that are turning first let price lead the way.
Attached Image (click to enlarge)
Click to Enlarge Name: Misc EJ Chart a.jpg Size: 178 KB
Good Trading To All ; Ken Lee
  • #25,383
  • Sep 3, 2009 7:08pm Sep 3, 2009 7:08pm
GM all,

Today my first trade, gj 15 min, hammer area day pivot, closed after 10 pips....quick and easy when we follow the rules of this thread....(also same trade on ej)
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Trade with the momentum
  • #25,384
  • Sep 3, 2009 7:37pm Sep 3, 2009 7:37pm
what a great thread been following it for about 9mths now and learning alot! i hope one day i can be as acc. with my trades as you guys.
  • #25,385
  • Sep 3, 2009 11:10pm Sep 3, 2009 11:10pm
Quoting 1pip wonder
what a great thread been following it for about 9mths now and learning alot! i hope one day i can be as acc. with my trades as you guys.
Welcome to the thread.
  • #25,386
  • Sep 3, 2009 11:15pm Sep 3, 2009 11:15pm
morning folks
  • #25,387
  • Sep 3, 2009 11:23pm Sep 3, 2009 11:23pm
Details can make a difference
Attached Image (click to enlarge)
Click to Enlarge Name: misc GBP Chart.JPG Size: 113 KB
Good Trading To All ; Ken Lee
  • #25,388
  • Sep 3, 2009 11:27pm Sep 3, 2009 11:27pm
Is that a DBHLC on the H1 of GBP/USD?
  • #25,389
  • Sep 3, 2009 11:28pm Sep 3, 2009 11:28pm
Quoting KENNETH lEE
Details can make a difference

This doesn't say anything about how far down it will go but it will go down SOME.. Sometimes you might geta series of doji's or spinning tops , But the wicks move down from the top. It is a guide to help you..
Good Trading To All ; Ken Lee
  • #25,390
  • Sep 3, 2009 11:30pm Sep 3, 2009 11:30pm
Quoting blindman
Is that a DBHLC on the H1 of GBP/USD?
Well it looks like we could see one, but remember that we still have about 30 minutes left in that active candle, so what you see right now might be very different than what you see at the close of the candle.
  • #25,391
  • Sep 3, 2009 11:41pm Sep 3, 2009 11:41pm
My second trade for today, i saw that Gj is in a channel between 151.50 et 150.80, i short gj at 151.37 (SL 151.50) just after a shooting star on M5 (don't know if we can call it a shooting star, because have a little wick), but i took it for 20 pips ( cut half position at 10 pips and out at 20 pips).
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Trade with the momentum
  • #25,392
  • Sep 3, 2009 11:56pm Sep 3, 2009 11:56pm
Quoting KENNETH lEE
Details can make a difference
Hi Kenneth,

like you said details can make a difference, i didn't see it, also last week i have a look at all your chart (that you sent me), very interesting and useful, thanks again.
Trade with the momentum
  • #25,393
  • Sep 4, 2009 3:42am Sep 4, 2009 3:42am
  •  refugee
  • | Joined Aug 2009 | Status: Be patient, cautious, & skeptical. | 50 Posts
Good Morning to all! Anyone riding this channel atm?
  • #25,394
  • Sep 4, 2009 3:56am Sep 4, 2009 3:56am
I'm going to give my 2cents. I played on the mistress earlier for some nice pippage, but flat across the board now. I know I always say the news is noise, but today's news is more than noise and it's Friday. I would recommend you only take solid setups and be careful of the noise coming out in 1h 30m.
Just digging in the trenches like everyone else!
  • #25,395
  • Sep 4, 2009 4:06am Sep 4, 2009 4:06am
Quoting eohater
I'm going to give my 2cents. I played on the mistress earlier for some nice pippage, but flat across the board now. I know I always say the news is noise, but today's news is more than noise and it's Friday. I would recommend you only take solid setups and be careful of the noise coming out in 1h 30m.
Totally agree with that EO and took some nice trades this morning on the EJ too
  • #25,396
  • Sep 4, 2009 4:08am Sep 4, 2009 4:08am
Quoting luckylady
Totally agree with that EO and took some nice trades this morning on the EJ too
Good job!

Another positive week?
Just digging in the trenches like everyone else!
  • #25,397
  • Sep 4, 2009 4:12am Sep 4, 2009 4:12am
Quoting eohater
Good job!

Another positive week?
Whats a much bigger word than positive...can't think of one, but thats what it was From Monday to today, up 82% 4% risk per trade. Losing trades? didn't have any
  • #25,398
  • Sep 4, 2009 4:14am Sep 4, 2009 4:14am
Heavy sellers sitting in the area of 644x and 649x.
Just digging in the trenches like everyone else!
  • #25,399
  • Sep 4, 2009 4:15am Sep 4, 2009 4:15am
Just want to add though, although really really pleased I'm not going to get over confident, each week is different I know, but its Friday, I don't have to trade anymore today and I'm feeling like dancing round the room, so today is for celebrating. Thanks to everyone on this thread.
  • #25,400
  • Sep 4, 2009 4:15am Sep 4, 2009 4:15am
Quoting luckylady
Whats a much bigger word than positive...can't think of one, but thats what it was From Monday to today, up 82% 4% risk per trade. Losing trades? didn't have any
Outfreaking standing! Great job!
Just digging in the trenches like everyone else!
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