Trade what you see NOT what you expect | Page 1382 | Forex Factory

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Trade what you see NOT what you expect

  • #27,621
  • Dec 7, 2009 12:53pm Dec 7, 2009 12:53pm
argh...

hopped on the 1hr 62 train @ 6485... moved to +3 and had to attend to my kiddo... only to get stopped out while i was gone...

better luck next time, +3 is greater than +0 i guess.
  • #27,622
  • Dec 7, 2009 12:55pm Dec 7, 2009 12:55pm
Going to lunch and the pub its raining here only happens a few times a year just another solid reason to drink lol!! Trade smart everyone going to set my alarm for the London open that 1.4881 on e/u going to need a running start
  • #27,623
  • Dec 7, 2009 1:06pm Dec 7, 2009 1:06pm
Quoting 4fun
Going to lunch and the pub its raining here only happens a few times a year just another solid reason to drink lol!! Trade smart everyone going to set my alarm for the London open that 1.4881 on e/u going to need a running start
I like your style.....have fun
  • #27,624
  • Dec 7, 2009 1:32pm Dec 7, 2009 1:32pm
won't open for me

Quoting luckylady
I can't delete the other one, so I will just upload this one here. See how this one is. Its a pity I can't just upload the pdf but its too big for that type of file at 2.8Mb the limit is around 2mb.
"The person who knows that enough is enough, will always have enough". .
  • #27,625
  • Dec 7, 2009 5:39pm Dec 7, 2009 5:39pm
Can't open it eiher. Luckylady, can u post it not zipped?

Great thread.
  • #27,626
  • Dec 7, 2009 7:04pm Dec 7, 2009 7:04pm
Hi Ken,

Would you have shorted the 5EMA touch here? Or would you've waited for the 10EMA because of the Pin and the higher low? There was a slight slowdown in price while approaching the 5EMA.

Sorry for bothering.

In hindsight it was good to target the low as it gave way.

Cheers

Thomas


Quoting KENNETH lEE
Might help. Main thing is to cover trades. it could turn up from this area there is a S/R line here also, You have to take everything into consideration. When taking the and 10 and even the 21 ema trades I still think we could just be consolidating and a breakout on down caould happen. But I wouldn't give all my profits away. It can and does bounce off almost every ma at times before breaking. But if you continue to take the shorts we should be in the trade the right way when it does.
Attached Image (click to enlarge)
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  • #27,627
  • Dec 7, 2009 8:11pm Dec 7, 2009 8:11pm
Quoting tdeu
Hi Ken,

Would you have shorted the 5EMA touch here? Or would you've waited for the 10EMA because of the Pin and the higher low? There was a slight slowdown in price while approaching the 5EMA.

Sorry for bothering.

In hindsight it was good to target the low as it gave way.

Cheers

Thomas
That is what can turn into gump trading and can last for a few trades. I would take both but you have to understand they are scalp trades small gains. But you can see they do break.. But if you happen to have closed it don't worry with a area holding like this it is almost a certainty that we will see a retest of that support. So just be calm and wait for the entry. If you do you will see you gave away very few pips. But if you jump in right on the break the retest can stop you out..
Good Trading To All ; Ken Lee
  • #27,628
  • Dec 7, 2009 11:33pm Dec 7, 2009 11:33pm
Quoting perez
Can't open it eiher. Luckylady, can u post it not zipped?

Great thread.
I can't post it unzipped, its too big for FF to take it like that unfortunately. Anyone that is having a problem unzipping it, pm me with your email address and I will send it that way.
  • #27,629
  • Dec 8, 2009 2:29am Dec 8, 2009 2:29am
At this point I see a lower high, lower low
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Click to Enlarge Name: day chart.gif Size: 17 KB
  • #27,630
  • Dec 8, 2009 3:01am Dec 8, 2009 3:01am
Dont know if I can ever get used to this awful hour to wake up, start seeing things
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  • #27,631
  • Dec 8, 2009 3:21am Dec 8, 2009 3:21am
Quoting 4fun
Dont know if I can ever get used to this awful hour to wake up, start seeing things


ok, since this morning GU/GJ play very good, i short GU on the break of MA35 /50, add short on the touch of MA 10, GJ same on the touch of MA 10 and 21.

Gj my support are 143.90

For Gu i have some support at 63.55 and my target is the area 62.60-62.80....let we see the candle also the news, but my positions are safe....
Trade with the momentum
  • #27,632
  • Dec 8, 2009 3:27am Dec 8, 2009 3:27am
Morning all

Hi 4 fun that is very distracting and I must ask you to remove it...sometime in 2010 or 2011 maybe....LOL
certainly woke me up



Quoting 4fun
Dont know if I can ever get used to this awful hour to wake up, start seeing things
  • #27,633
  • Dec 8, 2009 3:34am Dec 8, 2009 3:34am
Quoting sailor68


ok, since this morning GU/GJ play very good, i short GU on the break of MA35 /50, add short on the touch of MA 10, GJ same on the touch of MA 10 and 21.

Gj my support are 143.90

For Gu i have some support at 63.55 and my target is the area 62.60-62.80....let we see the candle also the news, but my positions are safe....
Hey nice going I show g/j @143.84 g/u 4hr @1.6272http://cdn.forexfactory.com/images/icons/icon14.gif
  • #27,634
  • Dec 8, 2009 3:40am Dec 8, 2009 3:40am
The temptress trying that running start for 1.4881
  • #27,635
  • Dec 8, 2009 3:53am Dec 8, 2009 3:53am
Quoting 4fun
The temptress trying that running start for 1.4881
i have resistance area 4890, also 1H 62ema not so far......
Trade with the momentum
  • #27,636
  • Dec 8, 2009 3:53am Dec 8, 2009 3:53am
I shorted e/u 35/50 croos will look to reverse and buy 1.4831
  • #27,637
  • Dec 8, 2009 4:03am Dec 8, 2009 4:03am
Quoting 4fun
I shorted e/u 35/50 croos will look to reverse and buy 1.4831
Shit that turned quick in at the open 1.4844
  • #27,638
  • Dec 8, 2009 4:09am Dec 8, 2009 4:09am
Quoting 4fun
Shit that turned quick in at the open 1.4844
i didn't take this one not easy to play this reverse, now im waiting for a possible short near 4890 or ema 62
Trade with the momentum
  • #27,639
  • Dec 8, 2009 4:17am Dec 8, 2009 4:17am
Quoting sailor68
i didn't take this one not easy to play this reverse, now im waiting for a possible short near 4890 or ema 62
Lots of work for 15pips so far lol!!
  • #27,640
  • Dec 8, 2009 4:25am Dec 8, 2009 4:25am
Quoting 4fun
Lots of work for 15pips so far lol!!
But nice work also,now i just close my short on gj, maybe im looking for long just before NY sessions, in case if some sellers want to book some profit....
Trade with the momentum
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