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Trade what you see NOT what you expect

  • #30,041
  • Jan 22, 2010 7:02am Jan 22, 2010 7:02am
Quoting sailor68
Nice luckylady i didn't take this one,but i just close 3 position on dragon +15 + 160 +180, also close one position on GU +115.

Nice Friday
Thanks sailor I have taken other trades as well, but sometimes I find it very difficult posting and trading at the same time. Congratulations on the pip count
  • #30,042
  • Edited 7:37am Jan 22, 2010 7:05am | Edited 7:37am
I was just wondering what time of day are you guys and gals getting in your most profittable trades? It seems to be around 6am GMT to me but just wondering.
Please ask questions and share your experiences with us all!
  • #30,043
  • Jan 22, 2010 7:08am Jan 22, 2010 7:08am
Quoting luckylady
Thanks sailor I have taken other trades as well, but sometimes I find it very difficult posting and trading at the same time. Congratulations on the pip count
Yes sure, now week end start for me, i will stop trading now, i will have a review of my trade this week end, i get green pips but i have to work on my different entries, because some was not very good...we learn everyday
Nice trading to all see you on monday
Trade with the momentum
  • #30,044
  • Jan 22, 2010 7:10am Jan 22, 2010 7:10am
Quoting bkg102665
I was just wondering what time of day are you guys and gals getting in your most profittable trades? It seems to be around 3am GMT to me but just wondering.
I usually find its around 6am GMT when price really starts moving. Whenever I have tried to trade earlier than that nothing happens, but it does seem from looking at the charts that things seem to be starting earlier. I won't though, getting up at 5am is early enough for me
  • #30,045
  • Jan 22, 2010 7:24am Jan 22, 2010 7:24am
Hi,
How did everyone handle the 7:30 am GMT 62ema touch on G/U? Didnt go well for me, but if someone had a decent SL, would have made plenty pips after a while.
Anyway, I came across this method this week and am trying to follow it. May I ask what is the 'dragonfly' trade and the 'aha' trade? I see references to them but haven't seen an explanation yet. Of course, I am slowly making my way through this huge thread, and I'm sure its contained within. But would appreciate an explanation nonetheless.
  • #30,046
  • Jan 22, 2010 7:39am Jan 22, 2010 7:39am
Quoting luckylady
I usually find its around 6am GMT when price really starts moving. Whenever I have tried to trade earlier than that nothing happens, but it does seem from looking at the charts that things seem to be starting earlier. I won't though, getting up at 5am is early enough for me
I actually meant 6-8 GMT
Please ask questions and share your experiences with us all!
  • #30,047
  • Jan 22, 2010 7:42am Jan 22, 2010 7:42am
Quoting bkg102665
I actually meant 6-8 GMT
Then yes, I agree with you
  • #30,048
  • Jan 22, 2010 7:48am Jan 22, 2010 7:48am
Anyone taking that last 15M pin on EJ? Tempting....
Ghost Rider - WWTBMD?
  • #30,049
  • Jan 22, 2010 7:56am Jan 22, 2010 7:56am
Quoting albchr
Anyone taking that last 15M pin on EJ? Tempting....
I did @ 127.30
Ghost Rider - WWTBMD?
  • #30,050
  • Jan 22, 2010 7:57am Jan 22, 2010 7:57am
Quoting albchr
Anyone taking that last 15M pin on EJ? Tempting....
Just took it !
  • #30,051
  • Jan 22, 2010 8:04am Jan 22, 2010 8:04am
Just picked up a nice +25 on eur/usd based off what the 4hr was telling me and closed it at the 15m 200ma
Please ask questions and share your experiences with us all!
  • #30,052
  • Jan 22, 2010 8:05am Jan 22, 2010 8:05am
Quoting albchr
I did @ 127.30
Hi,

I have a daily s&r line at 127.00
  • #30,053
  • Jan 22, 2010 8:05am Jan 22, 2010 8:05am
Good morning/afternoon again!

I love making pips while I sleep!
  • #30,054
  • Jan 22, 2010 8:07am Jan 22, 2010 8:07am
Quoting PippiNole
Good morning/afternoon again!

I love making pips while I sleep!
Good morning
Please ask questions and share your experiences with us all!
  • #30,055
  • Jan 22, 2010 8:09am Jan 22, 2010 8:09am
Quoting PippiNole
Good morning/afternoon again!

I love making pips while I sleep!
Hi Pippi,

how much pips do you have earned?
  • #30,056
  • Jan 22, 2010 8:19am Jan 22, 2010 8:19am
Quoting MCFly
Hi Pippi,

how much pips do you have earned?
While I was sleeping about 170.
  • #30,057
  • Jan 22, 2010 8:26am Jan 22, 2010 8:26am
Quoting PippiNole
While I was sleeping about 170.
Great job. Do you had a tp or did you let your sl trail?
  • #30,058
  • Jan 22, 2010 8:27am Jan 22, 2010 8:27am
Quoting MCFly
Great job. Do you had a tp or did you let your sl trail?
TP
  • #30,059
  • Jan 22, 2010 8:46am Jan 22, 2010 8:46am
Hi Pippi,

Can you share with us, where did you have TP and why did you put it there?
(I'm still holding short from 10.30 GMT pin at 1h 62 EMA)
Thanks!
  • #30,060
  • Jan 22, 2010 9:02am Jan 22, 2010 9:02am
Quoting Attraction
Hi Pippi,

Can you share with us, where did you have TP and why did you put it there?
(I'm still holding short from 10.30 GMT pin at 1h 62 EMA)
Thanks!
Sure, my first TP was yesterdays low on GU. I was also short EJ from 127.98 after the IB. I had a TP set at 127.05. If you observe EJ for some time you will see that she respects the big numbers (00 and 50) quite frequently. I like to set TP's within 5-10 pips of those if I'm not real sure where price may go.
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