Trade what you see NOT what you expect | Page 1492 | Forex Factory

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Trade what you see NOT what you expect

  • #29,821
  • Jan 21, 2010 7:39am Jan 21, 2010 7:39am
Quoting robgsxr
Morning Chris
So is eveyone making lots of pips? Was a great night through Asian and UK sessions. I was away since yesterday afternoon and I just got back in.
Ghost Rider - WWTBMD?
  • #29,822
  • Jan 21, 2010 7:39am Jan 21, 2010 7:39am
Quoting PippiNole
Time to go get another nap.
Poor ole feller, those meds from the nursing home just kick his ass!
Hi, my name is Barry and you can keep your doctor...
  • #29,823
  • Jan 21, 2010 7:43am Jan 21, 2010 7:43am
Quoting PippiNole
He didn't, that's not sex!
Why else would u want to be President?
  • #29,824
  • Jan 21, 2010 8:06am Jan 21, 2010 8:06am
Quoting albchr
So is eveyone making lots of pips? Was a great night through Asian and UK sessions. I was away since yesterday afternoon and I just got back in.
You make profits after the bad beginning of the week?
  • #29,825
  • Jan 21, 2010 8:07am Jan 21, 2010 8:07am
Not so good. Breakeven day yesterday and this morning so far also.

I was thinking the GU and EJ would drop from this recent retrace but they are both looking stubborn enough to climb up some more.

Once again patience is the key

Quoting albchr
So is eveyone making lots of pips? Was a great night through Asian and UK sessions. I was away since yesterday afternoon and I just got back in.
  • #29,826
  • Jan 21, 2010 8:21am Jan 21, 2010 8:21am
129 on e/j is hoding atm I am looking at 129. 70 especially if it closes above 1hr 50 its edgeing by the 4hr 10 could be a nice buy at this level.
  • #29,827
  • Jan 21, 2010 8:21am Jan 21, 2010 8:21am
Quoting MCFly
You make profits after the bad beginning of the week?
So far I've made back a little more than half what I lost "this" week. Still need to get back what I coughed up last though..

I will but obviously it won't be this week...LOL If I can finish the week at BE for "this" week, I'll be happy enough.
Ghost Rider - WWTBMD?
  • #29,828
  • Jan 21, 2010 8:22am Jan 21, 2010 8:22am
Morning Everyone,

Set my alarm to wake up for London but forgot to turn it on..
Cap
  • #29,829
  • Jan 21, 2010 8:24am Jan 21, 2010 8:24am
Quoting 4fun
129 on e/j is hoding atm I am looking at 129. 70 especially if it closes above 1hr 50 its edgeing by the 4hr 10 could be a nice buy at this level.
I'm watching this myself. I'd like to see a 4H close above 129.30. To me, this would help confirm a rise. Currently working on the third hour now for me...
Ghost Rider - WWTBMD?
  • #29,830
  • Jan 21, 2010 8:24am Jan 21, 2010 8:24am
Possible 35/50 cross coming up.
Cap
  • #29,831
  • Jan 21, 2010 8:24am Jan 21, 2010 8:24am
Is this now a 35/50 trade GU ?
  • #29,832
  • Jan 21, 2010 8:29am Jan 21, 2010 8:29am
Quoting robgsxr
Not so good. Breakeven day yesterday and this morning so far also.

I was thinking the GU and EJ would drop from this recent retrace but they are both looking stubborn enough to climb up some more.

Once again patience is the key
Quit trying to out think price, Let it tell you when a retracement or any other movement is going to stop. Take some profit and leave the rest to run and move your sl to b/e or a reasonable area. Often times you can tell what's happening just by looking at where the higher time frame S/R is in relation to the current price.

I'm not trying to pick on you. I think there a lot of others in the same boat.
Hi, my name is Barry and you can keep your doctor...
  • #29,833
  • Jan 21, 2010 8:30am Jan 21, 2010 8:30am
Quoting logic38
Is this now a 35/50 trade GU ?
You have to wait till the close of the candle.
  • #29,834
  • Jan 21, 2010 8:31am Jan 21, 2010 8:31am
Quoting albchr
I'm watching this myself. I'd like to see a 4H close above 129.30. To me, this would help confirm a rise. Currently working on the third hour now for me...
Yes I like this level I have a long at 129.06, who knows come a couple days from now this price could be a steal. Theres no strentgh in the yen but this tanking euro doesnt help lol!!
  • #29,835
  • Jan 21, 2010 8:33am Jan 21, 2010 8:33am
Quoting cisco
Quit trying to out think price, Let it tell you when a retracement or any other movement is going to stop. Take some profit and leave the rest to run and move your sl to b/e or a reasonable area. Often times you can tell what's happening just by looking at where the higher time frame S/R is in relation to the current price.

I'm not trying to pick on you. I think there a lot of others in the same boat.
Sometimes a good butt whipping from a master is useful
" When the ship starts to sink, don't just pray. JUMP "
  • #29,836
  • Jan 21, 2010 8:34am Jan 21, 2010 8:34am
I hear ya Cisco.

Thanks for the wake up




Quoting cisco
Quit trying to out think price, Let it tell you when a retracement or any other movement is going to stop. Take some profit and leave the rest to run and move your sl to b/e or a reasonable area. Often times you can tell what's happening just by looking at where the higher time frame S/R is in relation to the current price.

I'm not trying to pick on you. I think there a lot of others in the same boat.
  • #29,837
  • Jan 21, 2010 8:35am Jan 21, 2010 8:35am
Quoting Gladis Night
Sometimes a good butt whipping from a master is useful
Are you into whipping?
Hi, my name is Barry and you can keep your doctor...
  • #29,838
  • Jan 21, 2010 8:35am Jan 21, 2010 8:35am
Quoting Gladis Night
Sometimes a good butt whipping from a master is useful
Doent give him any ideas he's creative enough
  • #29,839
  • Jan 21, 2010 8:36am Jan 21, 2010 8:36am
Quoting 4fun
Yes I like this level I have a long at 129.06, who knows come a couple days from now this price could be a steal. Theres no strentgh in the yen but this tanking euro doesnt help lol!!
I thought about going long at 129.13 but I have a resistance line at 129.21 and the 200 sma was also near that level. I wasn't brave enough to go long
  • #29,840
  • Jan 21, 2010 8:37am Jan 21, 2010 8:37am
Quoting 4fun
Doent give him any ideas he's creative enough
Who, me?
Hi, my name is Barry and you can keep your doctor...
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