Trade what you see NOT what you expect | Page 1370 | Forex Factory

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Trade what you see NOT what you expect

  • #27,381
  • Nov 25, 2009 3:27am Nov 25, 2009 3:27am
EJ...now thats what I call a bounce off the 1hr 62
  • #27,382
  • Nov 25, 2009 3:50am Nov 25, 2009 3:50am
Quoting luckylady
EJ...now thats what I call a bounce off the 1hr 62

Glad someone got it ... Arggggh ...

and the long off the 35 on the gbp this morning to early for me.
Good Trading To All ; Ken Lee
  • #27,383
  • Nov 25, 2009 9:59am Nov 25, 2009 9:59am
Good morning guys. I hope you're all raking in the pips.

I just had the pleasure of having breakfast with Pippi and his beautiful wife. They stopped along the interstate to meet up with me while they were on their way to a family gathering. They're truly good people and I thoroughly enjoyed their company.

I hope all of you have a great Thanksgiving day tomorrow.

As for me, I've got to go and sample some of Mrs. Robinson's pie. She's truly got great pie!!
Hi, my name is Barry and you can keep your doctor...
  • #27,384
  • Nov 25, 2009 11:15am Nov 25, 2009 11:15am
Hello all,

can somebody explain me why this trade doesn't worked out? When the candle reached it's low I was 10 pips in front what was to early to adjust the sl to break even. After my entry candle closed the price went against me and stopped me out.
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  • #27,385
  • Nov 25, 2009 11:47am Nov 25, 2009 11:47am
Quoting cisco
Good morning guys. I hope you're all raking in the pips.

I just had the pleasure of having breakfast with Pippi and his beautiful wife. They stopped along the interstate to meet up with me while they were on their way to a family gathering. They're truly good people and I thoroughly enjoyed their company.

I hope all of you have a great Thanksgiving day tomorrow.

As for me, I've got to go and sample some of Mrs. Robinson's pie. She's truly got great pie!!

Nice to see your still kickung around and enjoying your "PIE". Just wondering how many pips Pippin gave you for that comment..

Hope you have a great Thanksgiving.. Ken
Good Trading To All ; Ken Lee
  • #27,386
  • Nov 25, 2009 11:55am Nov 25, 2009 11:55am
Someone else may have other ideas, but I saw that trade and didn't take it because glancing at the last closed 1hr candle, it looked quite bullish and I'm a coward
I've put the arrow on the chart underneath the last closed candle before that trade.
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  • #27,387
  • Nov 25, 2009 11:56am Nov 25, 2009 11:56am
Quoting MCFly
Hello all,

can somebody explain me why this trade doesn't worked out? When the candle reached it's low I was 10 pips in front what was to early to adjust the sl to break even. After my entry candle closed the price went against me and stopped me out.

Here is my take on it.. Ken

I actually was in that with you but entered off the 35/50 ma's took 2/3 off at 15 then set stops and tp went to store came back and was stopped too..
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Good Trading To All ; Ken Lee
  • #27,388
  • Nov 25, 2009 1:01pm Nov 25, 2009 1:01pm
Hope all the americans have a great Thanksgiving and the rest of you be carefull trading tomorow very risky.

http://savage69.com/dbd/assets/DancingTurkey.gif
Good Trading To All ; Ken Lee
  • #27,389
  • Nov 25, 2009 1:06pm Nov 25, 2009 1:06pm
Quoting KENNETH lEE
Nice to see your still kickung around and enjoying your "PIE". Just wondering how many pips Pippin gave you for that comment..

Hope you have a great Thanksgiving.. Ken
Actually...Pippi did pay me. He bought my breakfast.

Yeah, Mrs. Robinson's 'pie' is great! She supplies the pie and I supply the cream topping. She loves my topping, it's an old family recipe that I inherited. A mutually beneficial arrangement if there ever was one.

Happy Thanksgiving!
Hi, my name is Barry and you can keep your doctor...
  • #27,390
  • Nov 25, 2009 2:56pm Nov 25, 2009 2:56pm
I just wanted to wish every one a HAPPY THANKSGIVING!!
Please ask questions and share your experiences with us all!
  • #27,391
  • Nov 25, 2009 11:41pm Nov 25, 2009 11:41pm
Nice 1HR 62 long trade on the GU just now - also a retest of the 1.6641 level.
  • #27,392
  • Nov 26, 2009 12:52am Nov 26, 2009 12:52am
You live in the right time zone latelly Taylor.. Moves been happening earlier and earlier... Gret going Ken
Good Trading To All ; Ken Lee
  • #27,393
  • Nov 26, 2009 1:48am Nov 26, 2009 1:48am
anyone else get the short off the 35/50 retest ,, if you notice these are just like 35/50 trades but price turns a bit to early.. but is a retrace of the former swing .. Nice 100 pipper .. I took the trade but being the scalper I am... No comment, actually got in 3 times on this same trade LOL
Good Trading To All ; Ken Lee
  • #27,394
  • Nov 26, 2009 2:44am Nov 26, 2009 2:44am
Quoting bkg102665
I just wanted to wish every one a HAPPY THANKSGIVING!!
Me too
  • #27,395
  • Nov 26, 2009 3:14am Nov 26, 2009 3:14am
Quoting KENNETH lEE
You live in the right time zone latelly Taylor.. Moves been happening earlier and earlier... Gret going Ken
Yep, bang on Ken - been bloody great lately in the asian-early europe session...some big moves thats for sure!

Only problem is I seem to be the only one in here during the Asian session...so its a little quiet round then.

Hope you guys have a good Thanksgiving
Cheers
  • #27,396
  • Nov 26, 2009 3:30am Nov 26, 2009 3:30am
Yes the thread never was very busy during the evening US hours. Pretty quite during the US session now as well . If it wasn't for a few posters. But it is all good. It is sharing learning thread. But thanks for posting your observations and any comment s..

Ken
Good Trading To All ; Ken Lee
  • #27,397
  • Nov 26, 2009 5:19am Nov 26, 2009 5:19am
Hi Ken,

Would you still trade the 5 o'clock setups (selling 5/10/21EMA) after the 1hr PIN from 9GMT?

Got some nice pips too from the 62EMA this morning but didn't manage to reverse at 35SMA - just took partial profit.

Couldn't get on the steep down move - no 5EMA pullback :-(.

Cheers

Thomas
  • #27,398
  • Nov 26, 2009 5:27am Nov 26, 2009 5:27am
Hi all have been reading learning and systemizing based on this thread

so to all the posters thanks alot this game is starting to become fun

Down in NZ so get to trade asia and london in a nice time zone the us is a bit harder as all the good stuff happens around 3 am

Managed to grab a lot of the move at the euro open but had to force myself to walk away from the screen and let the move happen
been guilty of cutting out way to early http://cdn.forexfactory.com/images/icons/icon7.gif
  • #27,399
  • Nov 26, 2009 6:26am Nov 26, 2009 6:26am
Quoting tdeu
Hi Ken,

Would you still trade the 5 o'clock setups (selling 5/10/21EMA) after the 1hr PIN from 9GMT?

Got some nice pips too from the 62EMA this morning but didn't manage to reverse at 35SMA - just took partial profit.

Couldn't get on the steep down move - no 5EMA pullback :-(.

Cheers

Thomas
Yes i would if they present themselves you have to compare the 1 hr candle to the 15 min to see exactly how it was formed, when the move up to the 35/50 trade is what formed it then if you add that to the next one hr they nullify each other and make a short signal.

It would have bben hard to reneter this drop but. if you look closelly you will see price stall at major MA areas and S/R the low of yesterday as wellthese are testing those areas . I believe the doward movement is even greater when it doesn't move past and back up as that shows no buyers just sellers waiting to see if any mess up their trade . after a moment or 15 min in some cases other sellers join in or they add to there position pushing it lower. It is a gamble to enter on these arreas . But on a smaller time chart a small retest did happen. If you think about doing it .. just use small psotiton to begin with and tight stops..

I see a retest of the 62 ema break and the low of yesterday and 1.6551 support area.

Godd Trading ken
Good Trading To All ; Ken Lee
  • #27,400
  • Nov 26, 2009 6:28am Nov 26, 2009 6:28am
Quoting frenz
Hi all have been reading learning and systemizing based on this thread

so to all the posters thanks alot this game is starting to become fun

Down in NZ so get to trade asia and london in a nice time zone the us is a bit harder as all the good stuff happens around 3 am

Managed to grab a lot of the move at the euro open but had to force myself to walk away from the screen and let the move happen
been guilty of cutting out way to early http://cdn.forexfactory.com/images/icons/icon7.gif

I understand that. Some of my best trades happen when I get in and have computer issues.. Then log back on to see great gains..

Welcome to the thread and hope you continue to make posts. Everyone learns from each other ..

Trade Happy Ken
Good Trading To All ; Ken Lee
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