Trade what you see NOT what you expect | Page 1454 | Forex Factory

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Trade what you see NOT what you expect

  • #29,061
  • Jan 14, 2010 10:17am Jan 14, 2010 10:17am
Quoting albchr
I moved mine there JUST in time...LOL

Had I left it at 75 it would have been hit to the pip....

Still like the trade though. The YEN jumped but stopped dead at resistance. EUR still "creeping" up
Let's see if it was a good decision
  • #29,062
  • Jan 14, 2010 10:17am Jan 14, 2010 10:17am
Quoting The Captain
Well hopefully you're wrong! haha..Thanks though.. I'll give this one a big stop loss and see how it plays out. Sorry to hear about your friends child. I wish you all the best in your search.
Wouldn't be the first time...

And thanks all. We'll find her!

Mcfly, I didn't like that last 15M close under all the MA's....
Ghost Rider - WWTBMD?
  • #29,063
  • Jan 14, 2010 10:21am Jan 14, 2010 10:21am
Quoting albchr

Mcfly, I didn't like that last 15M close under all the MA's....
Yes that's not a good sign.
  • #29,064
  • Jan 14, 2010 10:26am Jan 14, 2010 10:26am
A simple TA on GU. The gold UTL is Daily. The gold LTL is 4H. The red horizontal is 6330. A break is coming but which way?

I should add that USDX is tanking atm
Attached Image (click to enlarge)
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Ghost Rider - WWTBMD?
  • #29,065
  • Jan 14, 2010 10:30am Jan 14, 2010 10:30am
Quoting MCFly
Yes that's not a good sign.
Maybe a breath here? Yen and Eur starting to move our way...LOL

CRAZY DAY!
Ghost Rider - WWTBMD?
  • #29,066
  • Jan 14, 2010 10:31am Jan 14, 2010 10:31am
We have a hammer and IB now but the hammer closed below the 5 ema.
  • #29,067
  • Jan 14, 2010 10:35am Jan 14, 2010 10:35am
Quoting MCFly
We have a hammer and IB now but the hammer closed below the 5 ema.
Yeah, I'm not liking this actually. Flat top on the last 15M? I'll give it one more bar or my SL to see.
Ghost Rider - WWTBMD?
  • #29,068
  • Jan 14, 2010 10:36am Jan 14, 2010 10:36am
You dudes have bigger balls than me for taking this EJ trade I may jump in after the next few candles close
Cap
  • #29,069
  • Jan 14, 2010 10:39am Jan 14, 2010 10:39am
Quoting albchr
Yeah, I'm not liking this actually. Flat top on the last 15M? I'll give it one more bar or my SL to see.
I would love to see a close above 132,00
  • #29,070
  • Jan 14, 2010 10:40am Jan 14, 2010 10:40am
Quoting The Captain
You dudes have bigger balls than me for taking this EJ trade I may jump in after the next few candles close
Bigger balls or less brain
  • #29,071
  • Jan 14, 2010 10:43am Jan 14, 2010 10:43am
Quoting MCFly
Bigger balls or less brain
BOTH...and that's a BAD combination....
Ghost Rider - WWTBMD?
  • #29,072
  • Jan 14, 2010 10:45am Jan 14, 2010 10:45am
Quoting MCFly
I would love to see a close above 132,00
Geezzz....OK...ONE more bar....LOL
Ghost Rider - WWTBMD?
  • #29,073
  • Jan 14, 2010 10:46am Jan 14, 2010 10:46am
Quoting albchr
Geezzz....OK...ONE more bar....LOL
lol
  • #29,074
  • Jan 14, 2010 10:49am Jan 14, 2010 10:49am
Quoting The Captain
Well hopefully you're wrong! haha..Thanks though.. I'll give this one a big stop loss and see how it plays out.
Ummm...whatta you think now bro?
Ghost Rider - WWTBMD?
  • #29,075
  • Jan 14, 2010 10:52am Jan 14, 2010 10:52am
Quoting albchr
Ummm...whatta you think now bro?
I need a miracle.
Cap
  • #29,076
  • Jan 14, 2010 10:55am Jan 14, 2010 10:55am
Quoting The Captain
I need a miracle.
Nope, you need the dollar to stop tanking. Oh yeah, that's the same thing.
Ghost Rider - WWTBMD?
  • #29,077
  • Jan 14, 2010 10:56am Jan 14, 2010 10:56am
The mistress is trapped in a mean triangle. I should have taken the chance to exit with -2
  • #29,078
  • Jan 14, 2010 11:05am Jan 14, 2010 11:05am
new to this thread.

was this a correct entry off the pinbar back toward the 15m trend?

was it also a 5 oclock somewhere trade when the 5/10ema's broke out of the tight ma's toward 1?

does EO us trendlines with this method?

Appreciate your help. Thank you.

Steve

PS: wish me luck as I just shorted Gu at close of nice 15m pinbar.
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  • #29,079
  • Jan 14, 2010 11:08am Jan 14, 2010 11:08am
Quoting MCFly
The mistress is trapped in a mean triangle. I should have taken the chance to exit with -2
The EUR is still creeping up "slowly" but the YEN is just sitting against resistance atm. I'll hold as long as we "sit" here but I'm watching closely.

By the 15M MA's...we should cut and run...LOL
Ghost Rider - WWTBMD?
  • #29,080
  • Jan 14, 2010 11:10am Jan 14, 2010 11:10am
Quoting stevewide
new to this thread.

was this a correct entry off the pinbar back toward the 15m trend?

was it also a 5 oclock somewhere trade when the 5/10ema's broke out of the tight ma's toward 1?

does EO us trendlines with this method?

Appreciate your help. Thank you.

Steve

PS: wish me luck as I just shorted Gu at close of nice 15m pinbar.
I think that is an ok trade but I would have a sl around 6355
Please ask questions and share your experiences with us all!
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