Trade what you see NOT what you expect | Page 1397 | 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

  • #27,921
  • Dec 17, 2009 2:53pm Dec 17, 2009 2:53pm
Quoting davids
I have been trading GY more and more the last 2 weeks and the pippage on her is amazing
So have I. I was pretty nervous about it after what everybody says about it, but this way of trading seems to suit it really well.
  • #27,922
  • Dec 17, 2009 2:55pm Dec 17, 2009 2:55pm
Quoting luckylady
So have I. I was pretty nervous about it after what everybody says about it, but this way of trading seems to suit it really well.
Yes it is amazing the trick is the trade her off solid s and r and you cannot go wrong
  • #27,923
  • Dec 17, 2009 2:58pm Dec 17, 2009 2:58pm
I would like to see GU get up around the 1H 62 only because I am long but it will give me a great price if we go to 1.58
  • #27,924
  • Dec 17, 2009 3:00pm Dec 17, 2009 3:00pm
Quoting davids
I would like to see GU get up around the 1H 62 only because I am long but it will give me a great price if we go to 1.58
I think we can see the h1 62/50 after we get out of the US Session. That would definately be a place I'll be looking to add to my shorts.
Just digging in the trenches like everyone else!
  • #27,925
  • Dec 17, 2009 3:03pm Dec 17, 2009 3:03pm
Quoting eohater
I think we can see the h1 62/50 after we get out of the US Session. That would definately be a place I'll be looking to add to my shorts.
Thanks Mate

We are riding up this trendline on the 1H
Attached Image (click to enlarge)
Click to Enlarge Name: gu 1h.gif Size: 38 KB
  • #27,926
  • Dec 17, 2009 3:09pm Dec 17, 2009 3:09pm
we need to get past 6166 and 6184
  • #27,927
  • Dec 17, 2009 3:11pm Dec 17, 2009 3:11pm
I have 2 charts these days one that looks like this and one with the ma's keeps it cleaner
  • #27,928
  • Dec 17, 2009 3:23pm Dec 17, 2009 3:23pm
EO check this out

Inserted Video
  • #27,929
  • Dec 17, 2009 3:30pm Dec 17, 2009 3:30pm
Quoting davids
EO check this out

http://www.youtube.com/watch?v=noUXoivR2uE

are the two of you drummers?
  • #27,930
  • Dec 17, 2009 3:32pm Dec 17, 2009 3:32pm
Quoting dakrusha
are the two of you drummers?
no Eo just appreciates a good bit of rock, something to trade to
  • #27,931
  • Dec 17, 2009 4:20pm Dec 17, 2009 4:20pm
Quoting Shilva
Just got back to green pips......great call EO on that 7030 area!
  • #27,932
  • Dec 17, 2009 5:06pm Dec 17, 2009 5:06pm
Quoting luckylady
I agree, its always a problem I had, seeing one thing that says its going down and another that its going up I was beginning to wish I knew nothing again

What I've found though after going over and over what seems like millions of charts, is that even though there might be a strong reversal candle usually the MA bounce will work anyway if you only think of it as grabbing a small amount of pips. They almost always work for at least 10....
Awesome help. Thanks LL!
Cap
  • #27,933
  • Dec 17, 2009 5:59pm Dec 17, 2009 5:59pm
Quoting perez
Pippi, what do you mean by flat candle?
All three candles closing flat with no upper wick in the uptrend tells me that buyers may have exhausted their efforts. They were able to push price up just a little more which formed the shooting star mentioned by Ken. I waited for price to be pushed up a little more before I shorted. I wouldn't necessarily recommend waiting but sometimes I get a feel for the flat candle trades.
  • #27,934
  • Dec 17, 2009 6:46pm Dec 17, 2009 6:46pm
Quoting The Captain
Good job. No sign of any of the seniors today.. Maybe Pippi is still looking for that power button on his computer

No I never turned it off after I got the neighbors 10 year old to turn it on for me!
  • #27,935
  • Dec 18, 2009 12:06am Dec 18, 2009 12:06am
Quoting Shilva


Thanks bro!
Just digging in the trenches like everyone else!
  • #27,936
  • Dec 18, 2009 12:22am Dec 18, 2009 12:22am
Hi,

The high (1.62197) of the 4hr bar from 00:00 GMT today was just below the low (1.62209) of the 4hr bar from 8:00GMT of the 15th.

Would this have been a PA trade from the touch of that PA line?

Cheers

Thomas
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 16 KB
  • #27,937
  • Dec 18, 2009 1:04am Dec 18, 2009 1:04am
man i just hit the lottery.
i turned on my charts for the first time all day and saw a great short coming off of my 20 EMA, grabbed 30 pips in less than 10 mins.. GOD i love it when that happens.
  • #27,938
  • Dec 18, 2009 2:37am Dec 18, 2009 2:37am
after a long evening of trades i'm up 97.4 pips not bad for just a couple hours.
i'm off to bed now. i b tired.
  • #27,939
  • Dec 18, 2009 3:19am Dec 18, 2009 3:19am
Hello all,

what do you think about E/J? The 4 hr chart looks bullish for me. The 15 min seems to be exhausted but when the 15 min will bounce from the 200 sma it's time to go long?
  • #27,940
  • Dec 18, 2009 5:40am Dec 18, 2009 5:40am
Quoting PippiNole
All three candles closing flat with no upper wick in the uptrend tells me that buyers may have exhausted their efforts. They were able to push price up just a little more which formed the shooting star mentioned by Ken.

Thank you Pippi. Now see it. http://cdn.forexfactory.com/images/icons/icon3.gif

Anyone took shorts off the MA200 bounce on GU?
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