Trade what you see NOT what you expect | Page 1329 | 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 NOT what you expect

  • #26,561
  • Oct 9, 2009 8:13am Oct 9, 2009 8:13am
Quoting MCFly
Hello eo,

I hope the questions don't mind you.

When you say you leave your position open for arround 35-40 pips does it mean you leave the full position open?

If you get a hammer in the end of a downtrend and you enter long do you close the trade when one of the future candles closes below the lower wick of the hammer or do you wait till your SL is hit?
On my SL, yes, I leave my full position open. As to taking profit, I use my ma's for my TP parameters and get covered quickly.

Questions don't bother me!
Just digging in the trenches like everyone else!
  • #26,562
  • Oct 9, 2009 8:13am Oct 9, 2009 8:13am
Good morning everyone, I hope we are all pip happy today.
Please ask questions and share your experiences with us all!
  • #26,563
  • Oct 9, 2009 8:15am Oct 9, 2009 8:15am
That last 4 hour pin sure tricked me but maybe it will play out later.
Please ask questions and share your experiences with us all!
  • #26,564
  • Oct 9, 2009 8:18am Oct 9, 2009 8:18am
Quoting bkg102665
Good morning everyone, I hope we are all pip happy today.
Hello,

today was the first day I had only positive trades. Therefore I'm pip happy .
Hope everyone else had a good day too.

Wish you a great weekend.

p.s. nice dog
  • #26,565
  • Oct 9, 2009 8:20am Oct 9, 2009 8:20am
I have a support line at 1.5915 on the 1 hour and a trend line on the 4 hour that we seem to be bounving on so maybe we will head back up soon.The last 1 hour close looked like a dblhc to me although the last candle did drop a little lower but maybe it will play out for a nice long.
Please ask questions and share your experiences with us all!
  • #26,566
  • Oct 9, 2009 8:22am Oct 9, 2009 8:22am
Quoting MCFly
Hello,

today was the first day I had only positive trades. Therefore I'm pip happy .
Hope everyone else had a good day too.

Wish you a great weekend.

p.s. nice dog
Thank you and he was a great dog, just a little hard headed like his owner lol!!
Please ask questions and share your experiences with us all!
  • #26,567
  • Oct 9, 2009 8:33am Oct 9, 2009 8:33am
I would really like to see 1.6000 again today!!
Please ask questions and share your experiences with us all!
  • #26,568
  • Oct 9, 2009 8:41am Oct 9, 2009 8:41am
Quoting bkg102665
Thank you and he was a great dog, just a little hard headed like his owner lol!!
This is sad to hear. Attached a video for you

http://www.youtube.com/watch?v=ZCYaw5tGYAs
  • #26,569
  • Oct 9, 2009 8:42am Oct 9, 2009 8:42am
Quoting eohater
HI EO,

I am just happy to see you back on the thread. I think you scared everyone here, because nobody knew what had happenned to you.
I thought you were on vacations, but at the end i was worried about something bad happenned. Thanks God you are back and everything is all right. If you do not mind i talked about your thread and brilliant trading strategies to some hungarian traders, hoping that they will take adventage of that, just as i did. Thanks, and trade well everyone!
  • #26,570
  • Oct 9, 2009 8:42am Oct 9, 2009 8:42am
Quoting bkg102665
I would really like to see 1.6000 again today!!
It doesn't look good. She is breaking my 1hr trendline atm.
  • #26,571
  • Oct 9, 2009 8:46am Oct 9, 2009 8:46am
Quoting eohater
There are some days that we've filled up pages with BS.
EO
I plead guilty as charged and place myself at your mercy, squire!
Hi, my name is Barry and you can keep your doctor...
  • #26,572
  • Oct 9, 2009 8:51am Oct 9, 2009 8:51am
Quoting Isty
HI EO,

I am just happy to see you back on the thread. I think you scared everyone here, because nobody knew what had happenned to you.
I thought you were on vacations, but at the end i was worried about something bad happenned. Thanks God you are back and everything is all right. If you do not mind i talked about your thread and brilliant trading strategies to some hungarian traders, hoping that they will take adventage of that, just as i did. Thanks, and trade well everyone!
I'm glad you've recommended this thread! I hope your friends find it useful!
Just digging in the trenches like everyone else!
  • #26,573
  • Oct 9, 2009 8:52am Oct 9, 2009 8:52am
Quoting cisco
I plead guilty as charged and place myself at your mercy, squire!
I'm just as guilty!

Good to see you bro!
Just digging in the trenches like everyone else!
  • #26,574
  • Oct 9, 2009 8:56am Oct 9, 2009 8:56am
somebody sitting in short right now. ?
  • #26,575
  • Oct 9, 2009 8:57am Oct 9, 2009 8:57am
Quoting MCFly
It doesn't look good. She is breaking my 1hr trendline atm.
Buyers on GU in the 158.8x area!
Just digging in the trenches like everyone else!
  • #26,576
  • Oct 9, 2009 8:59am Oct 9, 2009 8:59am
Quoting InDjaLV
somebody sitting in short right now. ?
Just digging in the trenches like everyone else!
  • #26,577
  • Oct 9, 2009 9:09am Oct 9, 2009 9:09am
OK ok ok close my short... +40 pips in bank..

P.S. FOMC Member Kohn Speaks ..


Great weekend to everyone... Iam out..


keep fishing ...
  • #26,578
  • Oct 9, 2009 4:54pm Oct 9, 2009 4:54pm
Quoting eohater
Welcome to the thread! The core of this method of trading has not changed! Read your PDF, you'll be able to skim through most of the posts on the thread once you've gone through the PDF. There are some days that we've filled up pages with BS. The technical parameters of the system are the same. Day in and day out, this is how I trade.

Trade well!
EO
G'day EO,

Just wanted to thank you for the warm welcome, and also a great big fat 'thank you sir!' to Kenneth Lee, who has been kind enough to point me in the right direction with some fantastic resources.

IMO, a thread full of helpful members with good cheer and banter can be more profitable than a thread with a shonky moderator who couldn't care less, even if the thread holds the best setup ever. Looks like I found a nice little roost here!

Hope everyone is having a great weekend, and I look forward to getting my head around your system.

PPP.
How do you make a small fortune in Forex? Start with a large one!
  • #26,579
  • Oct 10, 2009 9:24am Oct 10, 2009 9:24am
Take a look at this if you had issues Friday ..The question is Why ????

We have to gain the trust But even if you don't if you entered at the show spots as close to the ma's as possible hardlly any risk stop the other side of the next ma.. So really tight.
Attached Image (click to enlarge)
Click to Enlarge Name: G1 power of MA's.jpg Size: 359 KB
Good Trading To All ; Ken Lee
  • #26,580
  • Oct 10, 2009 12:46pm Oct 10, 2009 12:46pm
Chart for the hanging Man entry
Attached Image (click to enlarge)
Click to Enlarge Name: 14a Hangman Entry.JPG Size: 317 KB
Good Trading To All ; Ken Lee
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