Trade what you see NOT what you expect | Page 1412 | Forex Factory

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Trade what you see NOT what you expect

  • #28,221
  • Jan 6, 2010 9:59am Jan 6, 2010 9:59am
Quoting Komissar
Morning, EO
Thanks for good hints.

Question about 1H. It may close as inverted hammer too. In this case the closing number could be in 5960s area - buyer/seller buttleground.
Should we trust buying signal - inverted hammer?
Thanks
The h1 is looking to close as a bullish engulfing h1 with a dblhc. The h4 closing now supports longs as well.
Just digging in the trenches like everyone else!
  • #28,222
  • Jan 6, 2010 9:59am Jan 6, 2010 9:59am
Quoting eohater
Look closer at your h4. It's not a hammer. A hammer has not upper wick. It's close to a pin though. However, if it closes under the prior h4 wick, I'm staying on the southbound bus.
Now it's a hammer
  • #28,223
  • Jan 6, 2010 10:01am Jan 6, 2010 10:01am
Still hanging on but I believe it's tow rope time...
Ghost Rider - WWTBMD?
  • #28,224
  • Jan 6, 2010 10:02am Jan 6, 2010 10:02am
Buyers will be ready to pounce at 5980 area, the h4 that just closed is similar to a hammer, but still has a top wick. IF you buy at this price, keep SL below 5975
Just digging in the trenches like everyone else!
  • #28,225
  • Jan 6, 2010 10:03am Jan 6, 2010 10:03am
Quoting MCFly
Now it's a hammer
Still has a top wick, it is a bullish candle though similar to a hammer. North she goes!
Just digging in the trenches like everyone else!
  • #28,226
  • Jan 6, 2010 10:04am Jan 6, 2010 10:04am
Don't forget about EJ and the price levels I mentioned there. She's knocking on 133.4x now
Just digging in the trenches like everyone else!
  • #28,227
  • Jan 6, 2010 10:06am Jan 6, 2010 10:06am
Quoting eohater
Buyers will be ready to pounce at 5980 area, the h4 that just closed is similar to a hammer, but still has a top wick. IF you buy at this price, keep SL below 5975
You are right.

p.s. I missed the bus. I hope for a retest.
  • #28,228
  • Jan 6, 2010 10:07am Jan 6, 2010 10:07am
Quoting MCFly
You are right.

p.s. I missed the bus. Hope for a retest.
So did I, but jumped in at 6008
Just digging in the trenches like everyone else!
  • #28,229
  • Jan 6, 2010 10:07am Jan 6, 2010 10:07am
Quoting eohater
Still has a top wick, it is a bullish candle though similar to a hammer. North she goes!

long at 5995. Short SL hit at 6004....

Happy New Year! LOL....
Ghost Rider - WWTBMD?
  • #28,230
  • Jan 6, 2010 10:08am Jan 6, 2010 10:08am
Got the long as well.. Wicked! Now time to play the 1hr 62??
Cap
  • #28,231
  • Jan 6, 2010 10:09am Jan 6, 2010 10:09am
Missed the gondola left flat enjoying the hell out of this stuff though!
  • #28,232
  • Jan 6, 2010 10:09am Jan 6, 2010 10:09am
Arghhh that hurts but congratulations to everybody who went long.
  • #28,233
  • Jan 6, 2010 10:11am Jan 6, 2010 10:11am
Quoting The Captain
Got the long as well.. Wicked! Now time to play the 1hr 62??
I'm watching the M15/200 for a partial and cover. Then the 1H 62 next. Might have missed it as it got close...LOL
Ghost Rider - WWTBMD?
  • #28,234
  • Jan 6, 2010 10:11am Jan 6, 2010 10:11am
Went long at 16009, and bailed and reversed at 24 just shy of 1hr62 tight stop
There is no top. There are always further heights to reach. Jascha Heifetz
  • #28,235
  • Jan 6, 2010 10:13am Jan 6, 2010 10:13am
Quoting albchr
I'm watching the M15/200 for a partial and cover. Then the 1H 62 next. Might have missed it as it got close...LOL
OK.... Partial taken at 6030 the rest covered at BE

Looking for 6050ish
Ghost Rider - WWTBMD?
  • #28,236
  • Jan 6, 2010 10:15am Jan 6, 2010 10:15am
Have a great day everyone off to work, whats silly is I made more doing this than I am going to get at work today.
  • #28,237
  • Jan 6, 2010 10:15am Jan 6, 2010 10:15am
Quoting Trader131
Went long at 16009, and bailed and reversed at 24 just shy of 1hr62 tight stop
Why did you bail? Because of the h1 62? Your h1 is bullish! Your h4 is bullish supporting longs. Let PA at this point guide your reversal.
Just digging in the trenches like everyone else!
  • #28,238
  • Jan 6, 2010 10:17am Jan 6, 2010 10:17am
Quoting 4fun
Have a great day everyone off to work, whats silly is I made more doing this than I am going to get at work today.
Have fun.
  • #28,239
  • Jan 6, 2010 10:17am Jan 6, 2010 10:17am
Quoting eohater
Why did you bail? Because of the h1 62? Your h1 is bullish! Your h4 is bullish supporting longs. Let PA at this point guide your reversal.
Damn!
Cap
  • #28,240
  • Jan 6, 2010 10:19am Jan 6, 2010 10:19am
Remember the EJ levels of 133.4x and 133.8x.

On EU, 441x is a level I have my eyes on, have since yesterday

Let PA lead the way guys.
Just digging in the trenches like everyone else!
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