Trade what you see NOT what you expect | Page 1539 | Forex Factory

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Trade what you see NOT what you expect

  • #30,761
  • Feb 2, 2010 5:40am Feb 2, 2010 5:40am
Quoting tdeu
there was a 5 o'clock entry on EJ 15min supporting shorts

tdeu
Its not a 5 0'clock entry until all the ma's are pointing down and in order, as its a retracement entry.
  • #30,762
  • Feb 2, 2010 5:41am Feb 2, 2010 5:41am
Quoting luckylady
Its not a 5 0'clock entry until all the ma's are pointing down and in order, as its a retracement entry.
Beat me to it LL. And morning to you too Gladis. Everything is good, I hope the same for you.
Cap
  • #30,763
  • Feb 2, 2010 5:41am Feb 2, 2010 5:41am
potential 35/50 coming up on GU

would this be a valid setup

nice if the candle would close around 5925
PA line from Asian range - I think

tdeu
  • #30,764
  • Feb 2, 2010 5:48am Feb 2, 2010 5:48am
I was just pouring another cup of coffee and was thinking,"Everyone here has like their own forex business but it's almost like we are all in this together.It is totally amazing to me how everyone here wants everyone to be successful and the amount of help everybody is willing to give to make that happen.That is very rare in todays society and just awesome!!"
Please ask questions and share your experiences with us all!
  • #30,765
  • Feb 2, 2010 5:56am Feb 2, 2010 5:56am
Quoting bkg102665
I was just pouring another cup of coffee and was thinking,"Everyone here has like their own forex business but it's almost like we are all in this together.It is totally amazing to me how everyone here wants everyone to be successful and the amount of help everybody is willing to give to make that happen.That is very rare in todays society and just awesome!!"
I think it is helpful to "work" in a friendly environment like this, stress levels can be reduced. Our little community here would not even constitute a pimple on the great forex butt if we all traded 6 figure accounts, so we are not in any kind of competition with each other. Long may we be friends
" When the ship starts to sink, don't just pray. JUMP "
  • #30,766
  • Feb 2, 2010 6:15am Feb 2, 2010 6:15am
did everybody take the 35/50?

nice trade so far

we even close above the 200MA on M15

but still in Asian range

Quoting tdeu
potential 35/50 coming up on GU

would this be a valid setup

nice if the candle would close around 5925
PA line from Asian range - I think

tdeu
  • #30,767
  • Feb 2, 2010 6:22am Feb 2, 2010 6:22am
just tried to take the bounce from the MA200 and got stopped out.....
I don't want a job, i want money!
  • #30,768
  • Feb 2, 2010 6:26am Feb 2, 2010 6:26am
Quoting dario1002
just tried to take the bounce from the MA200 and got stopped out.....
Next time, let the candle close then take the opposite trade. You would have been able to book 10 and get covered.
Just digging in the trenches like everyone else!
  • #30,769
  • Feb 2, 2010 6:26am Feb 2, 2010 6:26am
Quoting dario1002
just tried to take the bounce from the MA200 and got stopped out.....
Dario, show us where you took the trade to have got stopped out.
  • #30,770
  • Feb 2, 2010 6:27am Feb 2, 2010 6:27am
Oops good morning EO
  • #30,771
  • Feb 2, 2010 6:27am Feb 2, 2010 6:27am
Good morning EO. I hope you are well today
" When the ship starts to sink, don't just pray. JUMP "
  • #30,772
  • Feb 2, 2010 6:28am Feb 2, 2010 6:28am
Quoting Gladis Night
Good morning EO. I hope you are well today
Good afternoon to you! All is well on my end, I hope the same for you!
Just digging in the trenches like everyone else!
  • #30,773
  • Feb 2, 2010 6:29am Feb 2, 2010 6:29am
Quoting eohater
Good afternoon to you! All is well on my end, I hope the same for you!
indeed yes. thank you
" When the ship starts to sink, don't just pray. JUMP "
  • #30,774
  • Feb 2, 2010 6:30am Feb 2, 2010 6:30am
I don't know how to post charts here...

anyway... i did exactly the mistake that EO just pointed out... i didn't wait for the bull candle to finish, and made an early entry.
Plus, i didn't take again the chance to go again short when the upper candle finished. 2 mistakes in couple of seconds, and almost all my morning pips were set on fire.

Oh well... we are here to learn
I don't want a job, i want money!
  • #30,775
  • Feb 2, 2010 6:30am Feb 2, 2010 6:30am
Quoting eohater
Next time, let the candle close then take the opposite trade. You would have been able to book 10 and get covered.
BTW Dario, I took the short at 5960 myself and booked 10 and covered at BE.
Just digging in the trenches like everyone else!
  • #30,776
  • Feb 2, 2010 6:32am Feb 2, 2010 6:32am
Quoting luckylady
Oops good morning EO
Good afternoon!
Just digging in the trenches like everyone else!
  • #30,777
  • Feb 2, 2010 6:36am Feb 2, 2010 6:36am
Quoting eohater
BTW Dario, I took the short at 5960 myself and booked 10 and covered at BE.
i entered at 5954 and was stopped out at 5964 (maybe even too short SL), while the max was 5970
I don't want a job, i want money!
  • #30,778
  • Feb 2, 2010 6:40am Feb 2, 2010 6:40am
Quoting dario1002
i entered at 5954 and was stopped out at 5964 (maybe even too short SL), while the max was 5970
Your entry was a little premature. My m15 200sma was priced at 5960 (ask price). My SL was 5980, over Asian's high.

You'll get it. Make sure your SMA is set to the closed price, whether you use bid/ask, it doesn't matter, just be sure to account for your spread.
Just digging in the trenches like everyone else!
  • #30,779
  • Feb 2, 2010 6:40am Feb 2, 2010 6:40am
Quoting dario1002
i entered at 5954 and was stopped out at 5964 (maybe even too short SL), while the max was 5970
always make sure the ladies are ready before entering, otherwise you will get slapped
" When the ship starts to sink, don't just pray. JUMP "
  • #30,780
  • Feb 2, 2010 6:43am Feb 2, 2010 6:43am
Quoting Gladis Night
always make sure the ladies are ready before entering, otherwise you will get slapped
EXACTLY!
Just digging in the trenches like everyone else!
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