Trade what you see NOT what you expect | Page 1354 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

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

How soon after you put on a trade do you expect to be "in the money"? 28 replies

How do you see trading - Do you see it as a means to an end? 12 replies

how long do you expect to trade? 10 replies

Trade What You See And Not What You Hope 0 replies

Attachments: Trade what you see NOT what you expect
Exit Attachments

Trade what you see NOT what you expect

  • #27,061
  • Nov 4, 2009 6:29pm Nov 4, 2009 6:29pm
Hey everyone....

Been a while since I treated myself to being here. I see EO is back (missed ya bud) and Ken is busy enlightening the crowd as usual!!

Just wanted to stop in and say hi. Things have been a bit hectic but starting to settle down again so I'll be lurking as usual in the background again....

Congrats Luckylady!!! It's SO cool to see you kicking it into high gear!
Ghost Rider - WWTBMD?
  • #27,062
  • Nov 4, 2009 7:38pm Nov 4, 2009 7:38pm
Took the bounce of the 21 on the EJ @134.79. Turning out to be a very good trade.
Cap
  • #27,063
  • Nov 4, 2009 7:46pm Nov 4, 2009 7:46pm
Quoting The Captain
Took the bounce of the 21 on the EJ @134.79. Turning out to be a very good trade.

Great, look for more of those they are very plentiful and can be the only trades you have to take to make some nice pips...
Good Trading To All ; Ken Lee
  • #27,064
  • Nov 4, 2009 8:14pm Nov 4, 2009 8:14pm
Quoting KENNETH lEE
Great, look for more of those they are very plentiful and can be the only trades you have to take to make some nice pips...

Thanks Ken. Us beginners owe it to guys like you who dedicate so much time helping others. Keep up the great work.
Cap
  • #27,065
  • Nov 4, 2009 8:42pm Nov 4, 2009 8:42pm
Quoting 4fun
Post 27041 showing the day chart looks to be resistance 1.6485 area and most definitely @ 1.6593 if price continues up. I still say were caught in the white water chop.
Luckylady that was an friggin AWESOME morning!!

Having a good day, McFly you weren't alone on that morning breakout. Luckylady said it Patience, its such a big part of this sport. One can rebound so fast with patience. That day chart has been on scope dead-on this week and today I went with the flow didnt try to turn price in no-man's land but where I could SEE it wanted to turn. PATIENCE!!

Was even able to get some blood on my Benelli this afternoon NICE
  • #27,066
  • Nov 4, 2009 9:32pm Nov 4, 2009 9:32pm
Quoting KENNETH lEE
Not to be pushy but the pdf is on the first page and has all the mas right in the front of it for all time frames. But on my charts I post the 15 min. I have the 5,10,21,and 50 ema. then the 35 and 200 sma Eo also has the 50 sma. I also have a refence line to show me that I am getting close to the 62 Ema 1 Hr line . It is the dotted line on mycharts and the value 248 ema. But that is not part of the startegy .. But you really need to read the pdf at least once and 2 or 3 times would be better as there is a lot of information in there.

Good Trading...
sorry ken. pls dont get me wrong. i had gone through the pages. just want to explain myself. as i had said, the 10 and 21 are the same as what i had. but the rest look different from mine. furthermore, eo only had 10, 21 ema and 35, 50 sma. that was why i asked what parameters you used. now at least i know you have 50 sma instead of ema. thanks for all the hard work you have put in.
  • #27,067
  • Nov 5, 2009 1:48am Nov 5, 2009 1:48am
Quoting francish
sorry ken. pls dont get me wrong. i had gone through the pages. just want to explain myself. as i had said, the 10 and 21 are the same as what i had. but the rest look different from mine. furthermore, eo only had 10, 21 ema and 35, 50 sma. that was why i asked what parameters you used. now at least i know you have 50 sma instead of ema. thanks for all the hard work you have put in.

I am sorry I give up, I don't mind helping anyone, But you can't even read my post to you correctlly, Maybe languae barier or My lack of writing ability.. But your not getting it..

Sorry Ken

Plus EO has more than that by the way..
Good Trading To All ; Ken Lee
  • #27,068
  • Nov 5, 2009 3:35am Nov 5, 2009 3:35am
for a full 3 minutes....fantastic, you really deserve this success

What more can be said.....

Congrats once again

Rob




Quoting luckylady
This post is to say a big thank you to Ken, EO and all the others on this thread....
  • #27,069
  • Nov 5, 2009 6:44am Nov 5, 2009 6:44am
I'm short from 6625, this m15 pin is going to give us the power to go back down. SL is at 6660, targeting the ma's on the m15 for tp and will cover once I'm +20
Just digging in the trenches like everyone else!
  • #27,070
  • Nov 5, 2009 6:51am Nov 5, 2009 6:51am
Quoting eohater
I'm short from 6625, this m15 pin is going to give us the power to go back down. SL is at 6660, targeting the ma's on the m15 for tp and will cover once I'm +20
Booked 20, SL moved to 6645
Just digging in the trenches like everyone else!
  • #27,071
  • Nov 5, 2009 7:26am Nov 5, 2009 7:26am
Hey Eo did you book some profit at the 5ema before the news?

I guess I missed that last post.
  • #27,072
  • Nov 5, 2009 7:42am Nov 5, 2009 7:42am
Quick question for you Ken. BTW thanks for all the wonderful posts of examples and explanations they are really helping me.

Which line is the PPA? I was thinking it is the lower one but I'm not 100% positive.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd_m15_110309.gif Size: 20 KB
  • #27,073
  • Nov 5, 2009 7:47am Nov 5, 2009 7:47am
At the moment I have the PPA line at 1.6616 because nothing else has managed to close above it yet, I also have another one at 1.6596 because that is the lowest of this move that its got to twice, thats on my charts anyway.
  • #27,074
  • Nov 5, 2009 7:51am Nov 5, 2009 7:51am
Quoting luckylady
At the moment I have the PPA line at 1.6616 because nothing else has managed to close above it yet, I also have another one at 1.6596 because that is the lowest of this move that its got to twice, thats on my charts anyway.
Just until I post
  • #27,075
  • Nov 5, 2009 8:04am Nov 5, 2009 8:04am
Like how price came back and touched the round number
  • #27,076
  • Nov 5, 2009 8:25am Nov 5, 2009 8:25am
Quoting eohater
I'm short from 6625, this m15 pin is going to give us the power to go back down. SL is at 6660, targeting the ma's on the m15 for tp and will cover once I'm +20
I hope some people got some good pippage on this trade. I'm covered now at +2. More profit has been booked, next TP of 6540 then 6520. I'll be looking to add to my long around 651x.
Just digging in the trenches like everyone else!
  • #27,077
  • Nov 5, 2009 8:26am Nov 5, 2009 8:26am
Quoting eohater
I hope some people got some good pippage on this trade. I'm covered now at +2. More profit has been booked, next TP of 6540 then 6520. I'll be looking to add to my long around 651x.
Yes thanks EO, following on closely behind
  • #27,078
  • Nov 5, 2009 8:28am Nov 5, 2009 8:28am
One question if you don't mind. How did you know the pin would have enough behind it to push it down, I looked at it but looking at the other TF's I probably wouldn't have gone for it if you hadn't posted.
  • #27,079
  • Nov 5, 2009 8:28am Nov 5, 2009 8:28am
Quoting eohater
I hope some people got some good pippage on this trade. I'm covered now at +2. More profit has been booked, next TP of 6540 then 6520. I'll be looking to add to my long around 651x.
Yes thanks Eo, I saw your post but I was late so I waited for it to close below 600 then entered on the touch backhttp://cdn.forexfactory.com/images/icons/icon14.gif
  • #27,080
  • Nov 5, 2009 8:42am Nov 5, 2009 8:42am
Quoting luckylady
One question if you don't mind. How did you know the pin would have enough behind it to push it down, I looked at it but looking at the other TF's I probably wouldn't have gone for it if you hadn't posted.
I didn't know if the pin would have enough behind it. I entered my trade prior to the pin forming from an H4 price level. I'm glad it did work out though. She gave enough opportunities for others to get in on it by having patience for price to move up the wick.

Glad you got on board! I'm sure you've booked some nice pippage!
Just digging in the trenches like everyone else!
7 traders viewing now