Trade what you see NOT what you expect | Page 1288 | Forex Factory

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Trade what you see NOT what you expect

  • #25,741
  • Sep 10, 2009 5:26am Sep 10, 2009 5:26am
the mistress is still dropping but she hit some decent resistance at 133.75 still the 1h62 for resistance the h4 150 so i will hold but if she goes much lower i will cut my losses
  • #25,742
  • Sep 10, 2009 5:29am Sep 10, 2009 5:29am
Quoting johnnykanoo
the mistress is still dropping but she hit some decent resistance at 133.75 still the 1h62 for resistance the h4 150 so i will hold but if she goes much lower i will cut my losses

Just wondering where you took your long at what price ?
Good Trading To All ; Ken Lee
  • #25,743
  • Sep 10, 2009 5:38am Sep 10, 2009 5:38am
133.95 the close of the h1 candle even thoughit was all wick i took the bounce.
  • #25,744
  • Sep 10, 2009 5:40am Sep 10, 2009 5:40am
i may have shorted the pound a little early her nearest good resistance seems to be 6660. i think i am guilty of trading what i expected
  • #25,745
  • Sep 10, 2009 5:44am Sep 10, 2009 5:44am
Quoting johnnykanoo
i may have shorted the pound a little early her nearest good resistance seems to be 6660. i think i am guilty of trading what i expected
I can see why you and EO took the short. I think top end resistance here is about 666. Following that a jump to 700 possibly. I woke up too late and missed the long at 489
'The past will always show us the future'
  • #25,746
  • Sep 10, 2009 5:51am Sep 10, 2009 5:51am
Quote
I woke up too late and missed the long at 489
her explosion up was due to the official bank rate decision amongst other news releases that is another reason i am convinced her move may be exhausted.
  • #25,747
  • Sep 10, 2009 6:08am Sep 10, 2009 6:08am
Hello all,

I've got 1.668x as a nice turning point for the Mrs..

This is the 62% fib retracement area of the move down from the 6th Aug on a daily chart.
  • #25,748
  • Sep 10, 2009 6:15am Sep 10, 2009 6:15am
i killed my mistress trade
  • #25,749
  • Sep 10, 2009 6:19am Sep 10, 2009 6:19am
Good Morning Afternoon All
  • #25,750
  • Sep 10, 2009 6:24am Sep 10, 2009 6:24am
My daily pivot R2 is @ 6669
  • #25,751
  • Sep 10, 2009 6:32am Sep 10, 2009 6:32am
g/u is starting to behave now
  • #25,752
  • Sep 10, 2009 6:48am Sep 10, 2009 6:48am
Quoting davids
Good Morning Afternoon All
Morning, Afternoon for you!
Just digging in the trenches like everyone else!
  • #25,753
  • Sep 10, 2009 6:48am Sep 10, 2009 6:48am
Quoting rt4x
My daily pivot R2 is @ 6669
Did you get in short at 6660?
Just digging in the trenches like everyone else!
  • #25,754
  • Sep 10, 2009 7:00am Sep 10, 2009 7:00am
I went short at 6640, wanted to make sure first. I hit my target of 30 pips (personal target) then went long off the 1hr 5ma, just closed that for 30 pips!! giddee up!! good start.
jeff
Quoting eohater
Did you get in short at 6660?
  • #25,755
  • Sep 10, 2009 7:01am Sep 10, 2009 7:01am
Quoting jeffmelvin
I went short at 6640, wanted to make sure first. I hit my target of 30 pips (personal target) then went long off the 1hr 5ma, just closed that for 30 pips!! giddee up!! good start.
jeff
Good Job!
Just digging in the trenches like everyone else!
  • #25,756
  • Sep 10, 2009 7:22am Sep 10, 2009 7:22am
i would say with the tweezers and the bounce of the 15m21 this is a good long opp.

I need to open a second account coz i am trying to let my short mature but i would have liked to long this.

I have ibfx and they allow you to open multiple accounts so you can long and short if you want to.

yep im definatly going to do that
  • #25,757
  • Sep 10, 2009 7:44am Sep 10, 2009 7:44am
I took a long on the Mistress at 133.40 based on this TL.

Attached Image (click to enlarge)
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  • #25,758
  • Sep 10, 2009 7:45am Sep 10, 2009 7:45am
I took a long on her 3 times .... But gave up on her on the last one and didn't hold any

My support line is a little higher than yours 133.26 it was close enough to count plus your trend line ..

Plus the 50 ema on the 4hr right in that area..
Good Trading To All ; Ken Lee
  • #25,759
  • Sep 10, 2009 7:48am Sep 10, 2009 7:48am
Quoting johnnykanoo
i would say with the tweezers and the bounce of the 15m21 this is a good long opp.

I need to open a second account coz i am trying to let my short mature but i would have liked to long this.

I have ibfx and they allow you to open multiple accounts so you can long and short if you want to.

yep im definatly going to do that
I happily use fxcm uk and you can go both ways in the same account. I'm sure you know this already .... just sayin.
  • #25,760
  • Sep 10, 2009 7:51am Sep 10, 2009 7:51am
Quoting KENNETH lEE
I took a long on her 3 times .... But gave up on her on the last one and didn't hold any

My support line is a little higher than yours 133.26 it was close enough to count plus your trend line ..

Plus the 50 ema on the 4hr right in that area..
I took one earlier and got 20 and was stopped at BE but got back in. I got 20 again and I'm BE again.
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