Trade what you see NOT what you expect | Page 1545 | Forex Factory

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Trade what you see NOT what you expect

  • #30,881
  • Feb 3, 2010 5:26am Feb 3, 2010 5:26am
Quoting Gladis Night
Good morning EO. i hope you are well today
TIRED! I'm running on 1h 30m worth of sleep. My son just got me up and took my 1st drink of coffee. How are you today? Snagging the pips? Did you short it with me at 6060 earlier today?
Just digging in the trenches like everyone else!
  • #30,882
  • Feb 3, 2010 5:26am Feb 3, 2010 5:26am
good morning

my 4hr (gmt) looks pretty bearish

would you close if the 15min pin breaks

Quoting eohater
Good morning everyone! I hope everyone got the GU bounce just now at 5990. I was able to get it. Remember the m15 wedge from yesterday? If you've extended the bottom of the wedge, you will see we just closed over the bottom trendline of the wedge with the h1 62 and a hammer on the m15 to boot.
  • #30,883
  • Feb 3, 2010 5:30am Feb 3, 2010 5:30am
Quoting tdeu
good morning

my 4hr (gmt) looks pretty bearish

would you close if the 15min pin breaks
My SL is positive. This was a reload on my long position from just before the close of the US Session at 5969, I drove that position north for good pippage, so my add on is in positive territory. If it was a new position, yes, I would accept the loss and move on to my next position. Your h4 closes in 30m right? I wouldn't mind price moving back up to 603x so I can reload on my short position as well.
Just digging in the trenches like everyone else!
  • #30,884
  • Feb 3, 2010 5:30am Feb 3, 2010 5:30am
Morning EO, you are up bright and early this morn

I am in hoping for a return to 1.61 to start the drop again. Maybe wishful thinking .

Need to see a climb first though and at the moment the price seems to be glued at .5997

Quoting eohater
Good morning everyone! I hope everyone got the GU bounce just now at 5990. I was able to get it. Remember the m15 wedge from yesterday? If you've extended the bottom of the wedge, you will see we just closed over the bottom trendline of the wedge with the h1 62 and a hammer on the m15 to boot.
  • #30,885
  • Feb 3, 2010 5:34am Feb 3, 2010 5:34am
Quoting robgsxr
Morning EO, you are up bright and early this morn

I am in hoping for a return to 1.61 to start the drop again. Maybe wishful thinking .

Need to see a climb first though and at the moment the price seems to be glued at .5997
I have a long position from earlier this week that is targeting 611x, will it get there? I don't know, it's not that big of a position anymore and right off of this weeks low. The charge to 1.61 and turn would confirm the breakout south on the daily, which I will be throwing the kitchen sink at south.
Just digging in the trenches like everyone else!
  • #30,886
  • Feb 3, 2010 5:38am Feb 3, 2010 5:38am
Afternoon / Morning All
  • #30,887
  • Feb 3, 2010 5:39am Feb 3, 2010 5:39am
I read it the same.

I think I am slowly starting to see the wood through the trees

Time for a celebratory coffee

Quoting eohater
I have a long position from earlier this week that is targeting 611x, will it get there? I don't know, it's not that big of a position anymore and right off of this weeks low. The charge to 1.61 and turn would confirm the breakout south on the daily, which I will be throwing the kitchen sink at south.
  • #30,888
  • Feb 3, 2010 5:41am Feb 3, 2010 5:41am
Quoting davids
Afternoon / Morning All
Good afternoon/morning david. i hope you are well
" When the ship starts to sink, don't just pray. JUMP "
  • #30,889
  • Feb 3, 2010 5:43am Feb 3, 2010 5:43am
My take on where we are - If 5968 fails to hold we are going south in a hurry
  • #30,890
  • Feb 3, 2010 5:44am Feb 3, 2010 5:44am
Quoting Gladis Night
Good afternoon/morning david. i hope you are well

Morning Gladis _ I hope you are killing the pips
  • #30,891
  • Feb 3, 2010 5:44am Feb 3, 2010 5:44am
Quoting eohater
TIRED! I'm running on 1h 30m worth of sleep. My son just got me up and took my 1st drink of coffee. How are you today? Snagging the pips? Did you short it with me at 6060 earlier today?
Good Morning EO,

What made you go short @ 6060?
“You adapt, evolve, compete or die.”
  • #30,892
  • Feb 3, 2010 5:46am Feb 3, 2010 5:46am
Quoting davids
Afternoon / Morning All
Afternoon brother! Well, you've still got 15m before it's afternoon, but close enough.

You doing well?
Just digging in the trenches like everyone else!
  • #30,893
  • Feb 3, 2010 5:50am Feb 3, 2010 5:50am
Quoting eohater
Afternoon brother! Well, you've still got 15m before it's afternoon, but close enough.

You doing well?
Yes but we might have guests from down under

Not bad brother I was hoping we would get higher up for a sell, or lower for a buy

You having a good week mate
  • #30,894
  • Feb 3, 2010 5:52am Feb 3, 2010 5:52am
Quoting davids
Yes but we might have guests from down under

Not bad brother I was hoping we would get higher up for a sell, or lower for a buy

You having a good week mate
Outstanding week brother! I'm on a mission this week and today will be key for the goal to be reached.

I understand about wanting it higher up for a sell, I took it short at 6060 but was looking for 611x.
Just digging in the trenches like everyone else!
  • #30,895
  • Feb 3, 2010 5:56am Feb 3, 2010 5:56am
Hi David

I hadn't considered that far ahead,

I will watch the area as we approach and break.

Quoting davids
My take on where we are - If 5968 fails to hold we are going south in a hurry
  • #30,896
  • Feb 3, 2010 6:00am Feb 3, 2010 6:00am
Quoting eohater
Outstanding week brother! I'm on a mission this week and today will be key for the goal to be reached.

I understand about wanting it higher up for a sell, I took it short at 6060 but was looking for 611x.
  • #30,897
  • Feb 3, 2010 6:01am Feb 3, 2010 6:01am
Quoting robgsxr
Hi David

I hadn't considered that far ahead,

I will watch the area as we approach and break.
This is what I am looking at Rob ( My chart without the MA's)
Attached Image (click to enlarge)
Click to Enlarge Name: gu 1h.gif Size: 31 KB
  • #30,898
  • Feb 3, 2010 6:10am Feb 3, 2010 6:10am
Quoting davids
My take on where we are - If 5968 fails to hold we are going south in a hurry
David, do you notice how your 5968 price is just past the 35 pips of the close price of the candle that closed through the m15 35?
Just digging in the trenches like everyone else!
  • #30,899
  • Feb 3, 2010 6:10am Feb 3, 2010 6:10am
long 5974
  • #30,900
  • Feb 3, 2010 6:11am Feb 3, 2010 6:11am
Good morning guys

how do u think... does the GBP/GPY looks like 35/50?? considering that on my chart the upward movement starts right on the 50 MA??
I don't want a job, i want money!
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