Trade what you see NOT what you expect | Page 1522 | Forex Factory

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

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Trade what you see NOT what you expect

  • #30,421
  • Jan 27, 2010 2:59am Jan 27, 2010 2:59am
Quoting albchr
Yeah, we blond bikers do have our strokes of genius at times don't we sweetie.
for sure you do. I just wish you had been on 8 hours ago to remind me then LOL
" When the ship starts to sink, don't just pray. JUMP "
  • #30,422
  • Jan 27, 2010 3:10am Jan 27, 2010 3:10am
Quoting albchr
Well, I haven't finished my first cup of coffee yet but I just had to take this shot on the Mrs. to test the waters.

Short @ 6221 SL @ 6245
I'm with you @ 6218.
  • #30,423
  • Jan 27, 2010 3:16am Jan 27, 2010 3:16am
Quoting perez
I'm with you @ 6218.
Good Morning Perez

Just curious here, what made you take that trade?

My reasons were this ... http://www.forexfactory.com/showpost...&postcount=626
Ghost Rider - WWTBMD?
  • #30,424
  • Jan 27, 2010 3:20am Jan 27, 2010 3:20am
Quoting Gladis Night
for sure you do. I just wish you had been on 8 hours ago to remind me then LOL
LOL... Fresh ground and brewed every morning.

It's a MUST for me... LOL
Ghost Rider - WWTBMD?
  • #30,425
  • Jan 27, 2010 3:26am Jan 27, 2010 3:26am
Quoting albchr
LOL... Fresh ground and brewed every morning.

It's a MUST for me... LOL
LOL, a bikers kick start
" When the ship starts to sink, don't just pray. JUMP "
  • #30,426
  • Jan 27, 2010 3:33am Jan 27, 2010 3:33am
Quoting albchr
Just curious here, what made you take that trade?

My reasons were this ... http://www.forexfactory.com/showpost...&postcount=626
On daily the GU is making an inverted flag, which IMO should brake downwards. With a southbound bias I looked for shorting opportunity. MA62 and MA200 didn't play out so I jumped on the bounce off MA50 on daily (having a pin on M15 after a flat candle close).

I think we'll have to wait till 1H candle closes to see if we're right.

The GJ is clearer ATM, but I am too scared of the spread and volatility of the dragon.
  • #30,427
  • Jan 27, 2010 3:45am Jan 27, 2010 3:45am
Quoting perez
On daily the GU is making an inverted flag, which IMO should brake downwards. With a southbound bias I looked for shorting opportunity. MA62 and MA200 didn't play out so I jumped on the bounce off MA50 on daily (having a pin on M15 after a flat candle close).

I think we'll have to wait till 1H candle closes to see if we're right.

The GJ is clearer ATM, but I am too scared of the spread and volatility of the dragon.
Excellent!!

I agree, I just posted in my thread I believe this has a chance but it's not ready "just" yet and it may push even higher.

The USDEX is Sooooo close to crashing through support and the pound through resistance ATM. If that happens, I'm out...LOL
Ghost Rider - WWTBMD?
  • #30,428
  • Jan 27, 2010 3:46am Jan 27, 2010 3:46am
Quoting Gladis Night
LOL, a bikers kick start
I just a sharp blond!!
Ghost Rider - WWTBMD?
  • #30,429
  • Jan 27, 2010 4:14am Jan 27, 2010 4:14am
The 1H closed bullish, so we have to wait for another opportunity.

As You said: "it's not ready "just" yet".
  • #30,430
  • Jan 27, 2010 4:42am Jan 27, 2010 4:42am
what about the IB on M15 at S/R 1.6235?

signal to short?

tdeu
  • #30,431
  • Jan 27, 2010 4:48am Jan 27, 2010 4:48am
Quoting tdeu
what about the IB on M15 at S/R 1.6235?

signal to short?

tdeu

On a run up like this, for me personally I'd like to see a 15M close below at least the 5 MA's but better if the 5/10 MA's first. We are at a pretty strong S/R level here at 6230. It can break either way.

That being said, I have a few other reasons why I'm already short at 6221.

Just MHO
Ghost Rider - WWTBMD?
  • #30,432
  • Edited 5:03am Jan 27, 2010 5:01am | Edited 5:03am
Quoting tdeu
what about the IB on M15 at S/R 1.6235?

signal to short?

tdeu
I agree with Chris in that a strong move like this requires a little extra caution when going against the grain. I too like candle closes below the 5/10, however, I'm short based off the IB/DBHLC/Tweezers you mention.

I had daily s/r at 16244 so when the IB formed with touches on that level (the two 15 minute candles of the IB combined to form a long upper wick) I waited for a retrace up the wick for a short entry at 16237.

My nerve isn't the best when counter trend trading like this so I always cover quickly. If she comes back to get me then I just have to wait for another shot.

Macc
  • #30,433
  • Jan 27, 2010 5:51am Jan 27, 2010 5:51am
Good day all. Also took the Mrs. Short. On my way into work for a bit so hopefully she treats us well. Talk to everyone later.
Cap
  • #30,434
  • Jan 27, 2010 7:03am Jan 27, 2010 7:03am
I've enough green pips for today . Take care guys.
  • #30,435
  • Jan 27, 2010 7:09am Jan 27, 2010 7:09am
Good work Perez

Take care

Quoting perez
I've enough green pips for today . Take care guys.
  • #30,436
  • Jan 27, 2010 7:28am Jan 27, 2010 7:28am
Nice green pips everyone. I did not take the trade on the GU but took a similar one on the GJ. Waited for price to close below the 5/10 also watched for PA on the h1 and got in @145.20 and walked away with +62 pips. Just a little bit more and I meet my goal for the day.

Good Pippin everyone,
Ahsan
  • #30,437
  • Jan 27, 2010 8:16am Jan 27, 2010 8:16am
Mornin all! hope all is green!
  • #30,438
  • Jan 27, 2010 8:23am Jan 27, 2010 8:23am
Last 1hr showed long and my 4hr that just closed shows short, short PO at 1.6195 s/l 1.6230 and t/p at 1.6115
Please ask questions and share your experiences with us all!
  • #30,439
  • Jan 27, 2010 8:24am Jan 27, 2010 8:24am
Good morning dak
" When the ship starts to sink, don't just pray. JUMP "
  • #30,440
  • Jan 27, 2010 8:30am Jan 27, 2010 8:30am
WOOT! way to start my day with a quick in and out.. um trade that is.
grabbed 3 trades at +12... SWEET! my daily goal is almost met.. actually my weekly goal is met but who's counting
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