Trade what you see NOT what you expect | Page 1536 | Forex Factory

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Trade what you see NOT what you expect

  • #30,701
  • Feb 1, 2010 10:43am Feb 1, 2010 10:43am
Quoting bkg102665
anyone thinking short here after my 4hr close 45 min ago

I took a short @ 1.3909
I'm short from that top m15 pin
Cap
  • #30,702
  • Feb 1, 2010 10:53am Feb 1, 2010 10:53am
Quoting The Captain
I'm short from that top m15 pin
Nice entry, I looked over at the 4hr chart a little late but figured since it had moved up the wick of my last 4hr close I would give it a shot

I wish it would run back down and close 1.3893 so it would continue down.If not the 1hr close coming up may show a reversal.
Please ask questions and share your experiences with us all!
  • #30,703
  • Feb 1, 2010 11:00am Feb 1, 2010 11:00am
Quoting bkg102665
Nice entry, I looked over at the 4hr chart a little late but figured since it had moved up the wick of my last 4hr close I would give it a shot

I wish it would run back down and close 1.3893 so it would continue down.If not the 1hr close coming up may show a reversal.
Very true, I don't like that 1hr that is closing. Although my 4 hour is about to close bearish.
Cap
  • #30,704
  • Feb 1, 2010 11:03am Feb 1, 2010 11:03am
I got out with a few because of the 1hr close and will maybe wait for a better entry of the 4hr
Please ask questions and share your experiences with us all!
  • #30,705
  • Feb 1, 2010 11:18am Feb 1, 2010 11:18am
Quoting bkg102665
anyone thinking short here after my 4hr close 45 min ago

I took a short @ 1.3909
Good Afternoon everyone!

I took this as well, although my entry was earlier and higher @1.3923 based on bounce around the 50/62 MAs on H1. There was a nice pin and then the next candle failed to break the high. Got out with +25.

Ahsan
  • #30,706
  • Feb 1, 2010 11:24am Feb 1, 2010 11:24am
What do you Ladies and Gents make of this on the USD/JPY? =]

http://img403.imageshack.us/img403/4957/usdjpypin.gif
  • #30,707
  • Feb 1, 2010 11:30am Feb 1, 2010 11:30am
Quoting Ahsanfx
What do you Ladies and Gents make of this on the USD/JPY? =]

http://img403.imageshack.us/img403/4957/usdjpypin.gif
I'd say pretty good chance of a retrace to the trendline. But USD/JPY isn't a pair that is really traded on this thread.
Cap
  • #30,708
  • Feb 1, 2010 11:33am Feb 1, 2010 11:33am
Quoting The Captain
I'd say pretty good chance of a retrace to the trendline. But USD/JPY isn't a pair that is really traded on this thread.
Thanks, yeah I figured it was not. The spreads are getting real nice and low on forex.com so i thought I might try out a few other pairs and see how I fair with them.
  • #30,709
  • Feb 1, 2010 11:45am Feb 1, 2010 11:45am
i don't know how about u guys.. but it's been a while since i don't really see anything goin on....
I don't want a job, i want money!
  • #30,710
  • Feb 1, 2010 12:16pm Feb 1, 2010 12:16pm
Short again on eur/usd based of this trendline
Attached Image (click to enlarge)
Click to Enlarge Name: eur 1hr.gif Size: 22 KB
Please ask questions and share your experiences with us all!
  • #30,711
  • Feb 2, 2010 3:41am Feb 2, 2010 3:41am
good morning guys

is anybody going to try this 35/50 on cable??
I don't want a job, i want money!
  • #30,712
  • Feb 2, 2010 3:55am Feb 2, 2010 3:55am
Quoting dario1002
good morning guys

is anybody going to try this 35/50 on cable??
I missed that one, but I hope someone got it
  • #30,713
  • Feb 2, 2010 4:01am Feb 2, 2010 4:01am
Quoting luckylady
I missed that one, but I hope someone got it
damn... i was waiting for it as well.... and electricity went off (here is rather bad weather)!!!!
I don't want a job, i want money!
  • #30,714
  • Feb 2, 2010 4:03am Feb 2, 2010 4:03am
Quoting dario1002
damn... i was waiting for it as well.... and electricity went off (here is rather bad weather)!!!!
Probably better for the electricity to go off before you placed the order, than just after without time to set your stoploss
  • #30,715
  • Feb 2, 2010 4:10am Feb 2, 2010 4:10am
Quoting luckylady
Probably better for the electricity to go off before you placed the order, than just after without time to set your stoploss

well... u are right.. but as far as i saw, the 35/50 is working rather often...and now who knows how long we have to wait for another one, especially nice and easy like this last one!

back to the topic... still not sure where are we going today. As for what i see.. we are very slowly going up, and then very quickly going down.
I don't want a job, i want money!
  • #30,716
  • Feb 2, 2010 4:27am Feb 2, 2010 4:27am
Quoting dario1002
well... u are right.. but as far as i saw, the 35/50 is working rather often...and now who knows how long we have to wait for another one, especially nice and easy like this last one!

back to the topic... still not sure where are we going today. As for what i see.. we are very slowly going up, and then very quickly going down.
We don't really need to know. Study the 15min chart and while its ranging like this, look at the candle patterns, you can trade those alone and make money today Each time the price has either gone up or down there has been a signal first. Either a 35/50 cross (a few times) or candle patterns on the 15min or 1hr. As long as you're not holding on for 100 pips and cover yourself quickly there are a lot of pips to be had, just need quick reactions and practise.
  • #30,717
  • Feb 2, 2010 4:28am Feb 2, 2010 4:28am
Good Morning all

Its not one I often see and take but today I did and still holding some in case of a drop back to 1.585x
Price is currently finding support at the asia session low so lets wait and see..



Quoting dario1002
well... u are right.. but as far as i saw, the 35/50 is working rather often...and now who knows how long we have to wait for another one, especially nice and easy like this last one!

back to the topic... still not sure where are we going today. As for what i see.. we are very slowly going up, and then very quickly going down.
  • #30,718
  • Feb 2, 2010 4:28am Feb 2, 2010 4:28am
Quoting bkg102665
Short again on eur/usd based of this trendline
Nice trade off that trendline that TL has paid off very well lately.
  • #30,719
  • Feb 2, 2010 4:29am Feb 2, 2010 4:29am
Its not often I can say I did. but today I did


Quoting luckylady
I missed that one, but I hope someone got it
  • #30,720
  • Feb 2, 2010 4:31am Feb 2, 2010 4:31am
Quoting robgsxr
Its not often I can say I did. but today I did
Good trade
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