Trade what you see NOT what you expect | Page 1500 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Why did you start trading and what do you expect from it? 19 replies

How soon after you put on a trade do you expect to be "in the money"? 28 replies

How do you see trading - Do you see it as a means to an end? 12 replies

how long do you expect to trade? 10 replies

Trade What You See And Not What You Hope 0 replies

Attachments: Trade what you see NOT what you expect
Exit Attachments

Trade what you see NOT what you expect

  • #29,981
  • Jan 21, 2010 2:04pm Jan 21, 2010 2:04pm
hi guys...

just a little question for u. I am new and still i am not sure i understood where and how u evaluate your BE (which i suppose means break even). Could u please give me a quick explanation?

thanks guys in advance

Dario
I don't want a job, i want money!
  • #29,982
  • Edited 2:38pm Jan 21, 2010 2:22pm | Edited 2:38pm
I took a chance on the mistress at 127.22. I do not like the time of day but lets see what happens. s/l 126.95 and t/p 138.00......it does not hurt to think big even if you are small minded like me
Please ask questions and share your experiences with us all!
  • #29,983
  • Jan 21, 2010 3:06pm Jan 21, 2010 3:06pm
Quoting PippiNole
Would you have any interest in attending a forex seminar on a Caribbean island that would be held by EO and myself?
Wow that was easier than I thought Now you wouldn't be teasing us girls would you Gladis, what do you say
  • #29,984
  • Jan 21, 2010 3:24pm Jan 21, 2010 3:24pm
Quoting dario1002
hi guys...

just a little question for u. I am new and still i am not sure i understood where and how u evaluate your BE (which i suppose means break even). Could u please give me a quick explanation?

thanks guys in advance

Dario
Welcome to the thread Dario! BE does mean Break Even. As to when we set out SL to BE is one's personal choice. I myself, will usually get my SL to BE after 30m or 2 m15 candles since my entry and manage the move from there. Don't get me wrong, there are times I'll set it to BE within 15m. It's all based upon how price is reacting to the PA and the ma's. I wish I could give you a better explaination, but it's an art and one's own personal risk appetite.

Trade well!
EO
Just digging in the trenches like everyone else!
  • #29,985
  • Jan 21, 2010 3:34pm Jan 21, 2010 3:34pm
Quoting luckylady
Now you wouldn't be teasing us girls would you Gladis, what do you say
I could definitely be wrong here but I'm of the opinion that even if every single penny of this seminar was paid for... Gladis wouldn't attend.
Hi, my name is Barry and you can keep your doctor...
  • #29,986
  • Jan 21, 2010 3:47pm Jan 21, 2010 3:47pm
Congrats for Page 2000!
Cap
  • #29,987
  • Jan 21, 2010 4:10pm Jan 21, 2010 4:10pm
man...i wish i had kept that Short i had from 21 and 20, they played out nicely
  • #29,988
  • Edited 4:32pm Jan 21, 2010 4:31pm | Edited 4:32pm
I think this is the most important rule when trading. This is what i practice and along with a good system it really does produce good profits. I have attached a statement to show how using a simple method and avoiding "second guessing" the markets and just trading whart you see will provide you with a good living.

8)
Attached File(s)
File Type: zip 21.01.10.zip   11 KB | 323 downloads
  • #29,989
  • Jan 21, 2010 4:53pm Jan 21, 2010 4:53pm
Hey,

I've read the PDF's on post 1 a few times, and I've been doing a bit of demo trading testing/practice for this system.

I think I'm just confused about PPA and PA:
- Does PPA effectively just equal the Support/Resistance/Channel lines? ie. what levels we have seen action of price previously? (I'm just trying to clarify)
- Is PA effectively just candlestick patterns showing how the market is currently thinking/acting? Or is PA more than that? Would PA also include a change in the rate that price is moving ie. seeing price slow down it's climb at a certain level?


Broader Goal of this System:
-Is the broader goal of this system to use Support Resistance lines of high time frames to determine likely turning points (or breaks). (PPA)
-Then use candlesticks on the higher timeframes to confirm the turn/break. (PA)
- Then use the 15m timeframe to determine entry and exit? (PA)
  • #29,990
  • Jan 21, 2010 5:16pm Jan 21, 2010 5:16pm
Is it just me or have there been a few people in here today trying to promote a few different trading systems......
Please ask questions and share your experiences with us all!
  • #29,991
  • Jan 21, 2010 5:29pm Jan 21, 2010 5:29pm
Quoting bkg102665
I took a chance on the mistress at 127.22. I do not like the time of day but lets see what happens. s/l 126.95 and t/p 138.00......it does not hurt to think big even if you are small minded like me
So much for thinking big, got out +3
Please ask questions and share your experiences with us all!
  • #29,992
  • Jan 21, 2010 7:35pm Jan 21, 2010 7:35pm
Quoting cisco
I could definitely be wrong here but I'm of the opinion that even if every single penny of this seminar was paid for... Gladis wouldn't attend.
some one needs to chaparon LL
" When the ship starts to sink, don't just pray. JUMP "
  • #29,993
  • Jan 21, 2010 7:38pm Jan 21, 2010 7:38pm
Quoting luckylady
Wow that was easier than I thought Now you wouldn't be teasing us girls would you Gladis, what do you say
Why, what were you expecting from a professional person like me?
  • #29,994
  • Edited 10:34pm Jan 21, 2010 9:49pm | Edited 10:34pm
Quoting luckylady
Wow that was easier than I thought Now you wouldn't be teasing us girls would you Gladis, what do you say
I am sure these lovely guys wouldn't tease us, They are hourable gentlemen surely . Same as I am sure that they really do want to discuss trading in such a delightful setting
" When the ship starts to sink, don't just pray. JUMP "
  • #29,995
  • Jan 21, 2010 10:17pm Jan 21, 2010 10:17pm
good evening folks, i see ive missed some more mayhem... hopefully i can get caught up though, lol.
  • #29,996
  • Jan 21, 2010 10:29pm Jan 21, 2010 10:29pm
Good evening Snow. i hope you are well today
" When the ship starts to sink, don't just pray. JUMP "
  • #29,997
  • Jan 21, 2010 10:32pm Jan 21, 2010 10:32pm
Quoting Gladis Night
Good evening Snow. i hope you are well today
how well i am depends upon my pip raids this evening, lol
  • #29,998
  • Jan 21, 2010 10:37pm Jan 21, 2010 10:37pm
Quoting Snowmeizer
how well i am depends upon my pip raids this evening, lol
heres to happy pip raiding then
" When the ship starts to sink, don't just pray. JUMP "
  • #29,999
  • Jan 21, 2010 11:02pm Jan 21, 2010 11:02pm
Evening everyone. I may stay up and trade the Asian session tonight. Gladis, shouldn't a girl like yourself be in bed?

And that is quite the close Snow.. almost right on 127.00
Cap
  • #30,000
  • Jan 21, 2010 11:07pm Jan 21, 2010 11:07pm
morning all
I see there is a touch of the 200sma on my gu 4hr and daily
3 traders viewing now