Trade what you see NOT what you expect | Page 1304 | Forex Factory

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Why did you start trading and what do you expect from it? 19 replies

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Trade What You See And Not What You Hope 0 replies

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Trade what you see NOT what you expect

  • #26,061
  • Sep 15, 2009 2:55am Sep 15, 2009 2:55am
Gbp/Usd wil go down further in next few days. I was short this pair tonight and last night.
Never Trade without a defined risk, never, never, never.
  • #26,062
  • Sep 15, 2009 2:58am Sep 15, 2009 2:58am
bounced off 61% fib (twice)
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Click to Enlarge Name: g-u 60m.JPG Size: 130 KB
Never Trade without a defined risk, never, never, never.
  • #26,063
  • Sep 15, 2009 3:19am Sep 15, 2009 3:19am
Quoting FxGladiator
Gbp/Usd wil go down further in next few days. I was short this pair tonight and last night.
It might happen or not, NO ONE can predict the future.

But you can allways hope
  • #26,064
  • Sep 15, 2009 3:36am Sep 15, 2009 3:36am
that was a great move. We're at the 61.8 area of last week, 480.
'The past will always show us the future'
  • #26,065
  • Sep 15, 2009 4:02am Sep 15, 2009 4:02am
my 4h just closed, underneath 50ema (black line)
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'The past will always show us the future'
  • #26,066
  • Sep 15, 2009 5:29am Sep 15, 2009 5:29am
  •  refugee
  • | Joined Aug 2009 | Status: Be patient, cautious, & skeptical. | 50 Posts
Quoting terje
that was a great move. We're at the 61.8 area of last week, 480.
no kidding, what a nice sight to wake up and see. Closed half at 150 pips and we all will see where this goes from here.
  • #26,067
  • Sep 15, 2009 6:30am Sep 15, 2009 6:30am
Good morning everyone! I hope everyone got a nice piece of the fall! I know I did and still in it short. I'm not sure how much I'll be around today, I'm busy with the office and other BS.

Trade well guys!
EO
Just digging in the trenches like everyone else!
  • #26,068
  • Sep 15, 2009 7:28am Sep 15, 2009 7:28am
Quoting eohater
Good morning everyone! I hope everyone got a nice piece of the fall! I know I did and still in it short. I'm not sure how much I'll be around today, I'm busy with the office and other BS.

Trade well guys!
EO
I went long at 6420. We might see a further fall, but at this point I'm locked in profit.
Hi, my name is Barry and you can keep your doctor...
  • #26,069
  • Sep 15, 2009 8:05am Sep 15, 2009 8:05am
sterling is getting hammered
'The past will always show us the future'
  • #26,070
  • Sep 15, 2009 9:50am Sep 15, 2009 9:50am
1 year ago today Lehman went out of business. 1000 pips day was fairly common on the volatility that was going on.

That afternoon there were a couple 400 pip moves and it was suspected it was Lehman closing accounts. What a difference 1 year makes.

It is like watching paint dry today.

Guess that will be the "back in the day" stories.
  • #26,071
  • Sep 15, 2009 11:13am Sep 15, 2009 11:13am
Quoting Shilva
1 year ago today Lehman went out of business. 1000 pips day was fairly common on the volatility that was going on.

That afternoon there were a couple 400 pip moves and it was suspected it was Lehman closing accounts. What a difference 1 year makes.

It is like watching paint dry today.

Guess that will be the "back in the day" stories.
Soon as i posted that and gave up for the day she moves 100 pips. Caught me with my back turned...... blew right through my stops on my shorts from 6470 area at the start of NY session. Good thing i had taken most of the profits off!
  • #26,072
  • Sep 15, 2009 11:26am Sep 15, 2009 11:26am
Inserted Video



Went long 1.6433 open of the 1hr candle came home to find tp hit cool. Last day of dove hunting here got 13 in 2hrs time for lunch dove and chop suey anyone?
  • #26,073
  • Sep 15, 2009 11:35am Sep 15, 2009 11:35am
Oh B.Y.O.B

Inserted Video
  • #26,074
  • Sep 15, 2009 11:47am Sep 15, 2009 11:47am
I missed that trade off 6400 area cause it would of been the 3rd time today i tried to turn her......goes to show u need to trade the signals cause u never know which one will pay off.

I did grab the short at 6500 on the 4h 5sma and 50ema, 1h 200sma and 15m 50sma. That will teach her to try to get away!

Hay 4Fun....nice shooting!
  • #26,075
  • Sep 15, 2009 11:46pm Sep 15, 2009 11:46pm
Could someone comment on whether this 7.30 (UK time) candle is a tradable dbhlc as there is about 3 pips difference between the highs of the candles that are producing the pattern.thanks
  • #26,076
  • Sep 16, 2009 12:24am Sep 16, 2009 12:24am
Morning all

This hit a chord with me Shilva. I did the same thing, attempted to find a reversal three times on the way down and failed to get in on the fourth

Lets see what today brings. 16 pips up on the 15min 35/50 cross this morning..
Today's plan: hold onto the green pips.

-------------------------------------

Quoting Shilva
I missed that trade off 6400 area cause it would of been the 3rd time today i tried to turn her......goes to show u need to trade the signals cause u never know which one will pay off.

I did grab the short at 6500 on the 4h 5sma and 50ema, 1h 200sma and 15m 50sma. That will teach her to try to get away!

Hay 4Fun....nice shooting!
  • #26,077
  • Sep 16, 2009 2:32am Sep 16, 2009 2:32am
Anyone get on board the Mistress short this morning? I took her at 133.56 on the 1H double top. Booked some and SL is now at 132.88.

I sold off too much of my position too fast but still, all green and one soldier left running....

Also have a short at 4705 on EU but she's just hovering right now.

Been waiting and looking to short the Mrs. off the 1H/62/50 at 6530ish
Ghost Rider - WWTBMD?
  • #26,078
  • Sep 16, 2009 4:41am Sep 16, 2009 4:41am
Quoting robgsxr
Morning all

This hit a chord with me Shilva. I did the same thing, attempted to find a reversal three times on the way down and failed to get in on the fourth

Lets see what today brings. 16 pips up on the 15min 35/50 cross this morning..
Today's plan: hold onto the green pips.

-------------------------------------
Yeah bro, that is the beauty of eo's trading.....focus, pull the trigger, get a good entry, take profits and cover. If it is not time for a reversal yet let it stop u out and then repeat the process. Never give up!

I picked up 30 or 40 trying to turn her before she was ready.

Trust the signals and take the trades. No losses! It's soooooo simple, don't make it harder then it is.
  • #26,079
  • Sep 16, 2009 5:37am Sep 16, 2009 5:37am
Quoting albchr
Anyone get on board the Mistress short this morning? I took her at 133.56 on the 1H double top. Booked some and SL is now at 132.88.

I sold off too much of my position too fast but still, all green and one soldier left running....

Also have a short at 4705 on EU but she's just hovering right now.

Been waiting and looking to short the Mrs. off the 1H/62/50 at 6530ish

  • #26,080
  • Sep 16, 2009 6:14am Sep 16, 2009 6:14am
Like how price came back to test the big round number
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