Trade what you see NOT what you expect | Page 1281 | Forex Factory

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Trade what you see NOT what you expect

  • #25,601
  • Sep 8, 2009 11:16pm Sep 8, 2009 11:16pm
For the record i'm lurking on this thread because of Ken Lee. I have been reading his posts for a long time from BP and other places and he is one of the voices out there that I trust. I appreciate his common sense approach to trading and the effort he puts into helping others.

Now this is not to say that there are other quality folks on this thread cause they are....but I'm here cause i've been cyberstalking Ken. :-)
  • #25,602
  • Sep 9, 2009 2:03am Sep 9, 2009 2:03am
Quoting sandpipper
For the record i'm lurking on this thread because of Ken Lee. I have been reading his posts for a long time from BP and other places and he is one of the voices out there that I trust. I appreciate his common sense approach to trading and the effort he puts into helping others.

Now this is not to say that there are other quality folks on this thread cause they are....but I'm here cause i've been cyberstalking Ken. :-)
Aren't you a follower of MP6140?
  • #25,603
  • Sep 9, 2009 3:00am Sep 9, 2009 3:00am
Hey Tim if it makes you feel any better Im here coz of Ken too

looks like the wife is dropping this morning. she found resistance at 6481. To the left there are 4 bar lows that are forming resistance there. hopefully she will continue to drop. my target is the H162ema @ 6440
  • #25,604
  • Sep 9, 2009 3:03am Sep 9, 2009 3:03am
also want to add that the last h4 was a beob
daily is starting to look lik a dblhlc but obviously the day is young
  • #25,605
  • Sep 9, 2009 3:37am Sep 9, 2009 3:37am
http://img199.imageshack.us/img199/2426/77141726.gif


shaping up to be a pb on the h1
bottom of channel/trendline bounce
62ema bounce

if soo then ill be long targeting 6550ish???
  • #25,606
  • Sep 9, 2009 3:46am Sep 9, 2009 3:46am
Quoting johnnykanoo

shaping up to be a pb on the h1
bottom of channel/trendline bounce
62ema bounce

if soo then ill be long targeting 6550ish???
it's quite possible. we've just bounced perfectly off the 50% retracement of yesterday.
'The past will always show us the future'
  • #25,607
  • Sep 9, 2009 4:02am Sep 9, 2009 4:02am
Hey John

Just clicked on your chart and a popup advert filled my screen, not sure if you are aware of this.
I always get a little nervous openeing links that send pop ups through......

I went long at 4703 and closed half and covered already......Its looking a little hesitant but we'll see


shaping up to be a pb on the h1
bottom of channel/trendline bounce
62ema bounce

if soo then ill be long targeting 6550ish???[/quote]
  • #25,608
  • Sep 9, 2009 4:04am Sep 9, 2009 4:04am
Morning all
  • #25,609
  • Sep 9, 2009 4:11am Sep 9, 2009 4:11am
Hi Ken nice to see this post.....

No need to apologize on my behalf. As always, I will say I welcome your posts and hope to see many more.



Quoting KENNETH lEE
I would like to apologize to everyone especially Cisco , His comments were accurate and his concerns valid. I had no right to say what I did in regards to his comments. If anything I should have done so privately.

I hope all is forgiven between us , So Sorry Cisco .. Ken...
  • #25,610
  • Sep 9, 2009 4:16am Sep 9, 2009 4:16am
rob sorry about that i used imageshack. next time i will try tinypic. I never meant to spam you
  • #25,611
  • Sep 9, 2009 4:19am Sep 9, 2009 4:19am
Quoting johnnykanoo
rob sorry about that i used imageshack. next time i will try tinypic. I never meant to spam you
you know you can attach charts directly, just click the Manage Attachments button.
'The past will always show us the future'
  • #25,612
  • Sep 9, 2009 4:29am Sep 9, 2009 4:29am
Quote
you know you can attach charts directly, just click the Manage Attachments button.

yea i will have to try that. i just like them to be bigger than a thumbnail.
  • #25,613
  • Sep 9, 2009 4:42am Sep 9, 2009 4:42am
No Probs

If it happens again try to make sure it's a cute girl or maybe some little kittens to brighten up my day

Terje is right, it seems most on here use the manage attachments which when posted viewers can just click and enlarge..

Any way whatever works best for you


Quoting johnnykanoo
rob sorry about that i used imageshack. next time i will try tinypic. I never meant to spam you
  • #25,614
  • Sep 9, 2009 4:49am Sep 9, 2009 4:49am
What I see on my 1h is the possible bull flag John pointed out and bullish divergence conditions on stochs (at 50% retracement). One can draw an inchoate trendline up on the 15m chart too for a possible long entry if price comes back down a bit.
'The past will always show us the future'
  • #25,615
  • Sep 9, 2009 4:51am Sep 9, 2009 4:51am
Hi Infinity

I had planned my trade for a long in the same area and then saw this post.. It just gave me extra confidence to trade the trade and it went as well as expected with less psychological stress....
This is the kind of help you and the other experienced guys bring and I for one cannot thank you all enough


Quoting Infinity
I'm thinking...maybe pullback to 6450 then possibly a test of 674x..... not in a straight line though...
  • #25,616
  • Sep 9, 2009 4:55am Sep 9, 2009 4:55am
If it happens again try to make sure it's a cute girl or maybe some little kittens to brighten up my day

hows that better???
Attached Image
  • #25,617
  • Sep 9, 2009 5:00am Sep 9, 2009 5:00am
This first bounce off the 15 min TL looks confident . I added



Quoting terje
What I see on my 1h is the possible bull flag John pointed out and bullish divergence conditions on stochs (at 50% retracement). One can draw an inchoate trendline up on the 15m chart too for a possible long entry if price comes back down a bit.
  • #25,618
  • Sep 9, 2009 5:01am Sep 9, 2009 5:01am
Quoting robgsxr
This first bounce off the 15 min TL looks confident . I added
well done but it didn't hit mine, just the 15m 10. Damn being greedy for 5-10 pips
'The past will always show us the future'
  • #25,619
  • Sep 9, 2009 5:12am Sep 9, 2009 5:12am
That's a bummer....
Incidentally the candle kissed within a pip off a 382 fib from yesterdays up move at 1.64882 ask price... easy to see after the event hey

There will be more opportunities...




Quoting terje
well done but it didn't hit mine, just the 15m 10. Damn being greedy for 5-10 pips
  • #25,620
  • Sep 9, 2009 5:16am Sep 9, 2009 5:16am
I will put that in my reference library with all my other useful images

Whoops the wife just sat down next to me... we better stick to kittens next time


Quoting johnnykanoo
If it happens again try to make sure it's a cute girl or maybe some little kittens to brighten up my day

hows that better???
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