Trade what you see NOT what you expect

Just noticed it is a bank hoiday in Japan no wonder no move yet LOL see everyone tomorrow.

Glad I slept through the night didnt miss

E/u 1hr 62ema touch round number overhead

Nice pin through the 200 on the 15m also e/u

Sure like to see this 15m close below 1.4279 then take out s/r 1.4266 and then a new bottom come on Santa make it happen!!

That 15m candle not closing below the 200 also made the 1hr go from a bearish spinner to a bullish one was important.

Too choppy for me today. I give up. Time to decorate some tree.

Merry Xmas to all of you guys.

I shorted the temptress at 1.4300 the 1hr starting to look good off the 62 have to clear 1.4266

Lol she came back and got me

Have some last minute stuff to do today going to call it a year as forex goes.

MERRY CHRISTMAS & HAPPY NEW YEAR TO ALL

Looking foward to next year with all that I've learned from this thread, thanks to everyone especially the seniors.

This threads new worktruck!!

Merry Xmas and a happy new year for everybody. My wish is that we will never get a trade transaction tax.

everythings coming to a grinding halt merry xmas and happy ny

everybody

Remember this from last year.

Number 1 goal as a trader......be able to move the market 400 pips on christmas day.......in both directions!

Are we there yet Eo.

Hi Ken ,

For taking 5&1 0 clock trades ,do you recommend 62 ema and 200 SMA also to be in the same direction as that of the other MAs . Or jus the lower MAs starting from 50 to 5 need to be in 1 direction?

Yes the 5/10 or 21 ema need to be pointing towards 1 for uptrend and 5 for a downtrend. the porpuse of those entries is for when you may miss the start of a new trend the first 1 or 5 oclock trade can be the retest of the break of the 35/50 area. also look for some PPA to help make these trades a bit more easy to take a lot of times the pullback will be in the area of a previus turn or something.. see example chart. That 1 oclock trade also had a flat close on the red candle more confirmation.

i am playing a bounce off the 200sma on the daily........6026

got in long late but flashing green

sipping on a bailey's and chatting with bob.........everything looks so clear....at 2am in the morning

#322 (permalink) http://forums.babypips.com/images/buttons/report.gif
http://forums.babypips.com/images/st...n/post_old.gif Today, 02:29 AM
Jack B PIP http://forums.babypips.com/images/st...er_offline.gif
Senior Member


Join Date: Apr 2009
Location: Winston-Salem NC
Posts: 111


http://forums.babypips.com/images/icons/icon1.gif
Quote:
Originally Posted by jaggu86 http://forums.babypips.com/images/buttons/viewpost.gif
Hi Ken ,

For taking 5&1 0 clock trades ,do you recommend 62 ema and 200 SMA also to be in the same direction as that of the other MAs . Or jus the lower MAs starting from 50 to 5 need to be in 1 direction?

Here is a picture of 2 - 5 oclock trades I took this evening
One off the 5ma and one off the 10ma. Higher green arrows were my entries and the next lower green arrow was my exit.
Hope this helps
Thanks
Jack

I would like to wish everyone a Happy Holiday Season. Everyone take this time to reflect and take stock in your lifes. remember wealth isn't only about how much money we have it is more about how we live our lifes and treat each other. I am attaching a story I have posted before it was originally posted on Baby Pips a year or two ago. By someone else.

Everyone Have a Great Time and Be Safe Ken

http://images-0.redbubble.net/img/ar...nset-beach.jpg

Two strangers go jogging every evening and they always stop at a park bench and chat before the jog back home. They idely chat about sports, and food, local news and have been doing so for a few months.

One day the first man say, "It's is a good day. I have my wife, my kids, I love my job, and my health is good due to all this running. I believe I am truly happy."

"You're right," says the second man, "They sky is blue, the weather is warm, and the jog was a good one. It truly is a good day."

The next day on the park bench, the first man seemed angry.
"What's the matter?" asked his jogging buddy.

"I made a bad business deal, and lost my entire life saving's. Now I am stuck where I am and I have no where to go." the man grumbledd

The second man looked at him, stood up and said "Follow me." Then he turned and trotted away. The first mat looked at him for a moment, then followed his jogging buddy.

Roughly 15 minutes later they arrived under a small bridge and stopped.

The first main said "Here we are." Trying to catch his breath

"Where is here?" The second replied.

The first man thought for a moment then said, "Yesterday you told me how happy you were to have your health, your family, a good job and your wife. Today you are bitterly angry because you lost some money. Two months ago I had the same things that make you happy, then I lost some money in a bad business deal. I got angry and stayed angry. My wife and I fought all the time and she finally divorced me, took my house and the kids. During the divorce I started drinking and it effected my work so I lost my job. Then I started drinking more and poisoned myself with alcohol, and was sent to the hospital." He stopped and looked into the second eyes for a long moment, then began again.
"Where we are, my friend, is where I have been living for the last couple of months. After I was released from the hospital I had no home, no job and no money, and I lost my health to top it all off. I decided then that I would start over, and get each one back with time, starting with my health. So I started jogging and I met you. Now I have my health and and a friend. All I have to do now is get a land this job I have been interviewing for and get my life back in order."

The second man stood stock still while listening to his new friend, apparently in shock. "Is there anything I can do to help?" He asked with worry in his eyes.

"You already have, now I am trying to help you. Do not end up like me. Your loss has nothing to do with the things you told me you loved yesterday, so do not let the emotion ruin your life. Start over, don't look at what was, but look to what will be."

The second man nodded, "Thank you my friend, I will do that. I think I will head home now. Is there anything I can do for you?"

"Nope, You go home, to the things you love."

"Thank you." The first man embraced his friend, then set off with speed to his home.

The second man sat down and looked around. It had seemed forever since he had first come here. "All because I thought money was everything." he thought.

Then he got up and started jogging again. After a few minutes he glanced back. He glanced back to what used to be his home, the rock bottom of his life. He smiled, and started walking slowly, enjoying the air and the rest of the evening, back to his home. Back to his wife and kids, and away from the home he had under the bridge two years before.

A very merry Christmas to you too Ken. Thanks for your great contribution to the thread in 2009. I hope 2010 brings you all the success that your hard work deserves.

A big thanks too of course to EO for this great thread. PippiNole pointed me in this direction back in March and my trading has been on the up ever since (thanks again Pippi).

A merry Christmas and a happy New Year to all. Here's to a green 2010

Macc

Hope everyone is blessed and enjoys the holiday season.

Catch ya next year.

HOLLA