Trade what you see NOT what you expect | Page 1553 | Forex Factory

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Trade what you see NOT what you expect

  • #31,041
  • Feb 4, 2010 6:50am Feb 4, 2010 6:50am
in hidsight there was enough room for a straight sell of the open until the 21/5 comes into play
  • #31,042
  • Feb 4, 2010 6:54am Feb 4, 2010 6:54am
Quoting Gladis Night
Good morning tdeu and logic. i hope you are both well today

Hi Gladis myself I am Great its just my trades today,that are not so good I have been long twice on the mistress, only to be stoped out.
hows your trades?
  • #31,043
  • Edited 7:08am Feb 4, 2010 6:55am | Edited 7:08am
I'm short off the 62 SMA at 5874 SL 5886. I'm thinkin TP at 5837.
  • #31,044
  • Feb 4, 2010 7:07am Feb 4, 2010 7:07am
Mrs

looks like we're retracing the last 1hr candle
question is how far before crank in a long

support 5843 is at 50% retrace of 1hr candle

or do we retrace to PA line at 5835?

1hr and 4hr support longs - am I rigth?

tdeu
  • #31,045
  • Feb 4, 2010 7:08am Feb 4, 2010 7:08am
There has been a lot of noise today but managed to bank a few pips
" When the ship starts to sink, don't just pray. JUMP "
  • #31,046
  • Feb 4, 2010 7:16am Feb 4, 2010 7:16am
Quoting Gladis Night
There has been a lot of noise today but managed to bank a few pips

Nice one Gladis
  • #31,047
  • Feb 4, 2010 7:20am Feb 4, 2010 7:20am
took a couple of 5 o'clock trades on Mrs and Miss this morning
before the noise
nice
  • #31,048
  • Feb 4, 2010 7:24am Feb 4, 2010 7:24am
Quoting tdeu
took a couple of 5 o'clock trades on Mrs and Miss this morning
before the noise
nice
well done
" When the ship starts to sink, don't just pray. JUMP "
  • #31,049
  • Feb 4, 2010 7:41am Feb 4, 2010 7:41am
Good morning everyone!! Getting started a little late today, I had to take my son to school.
Please ask questions and share your experiences with us all!
  • #31,050
  • Feb 4, 2010 7:43am Feb 4, 2010 7:43am
Quoting tdeu
took a couple of 5 o'clock trades on Mrs and Miss this morning
before the noise
nice
Great stuff
  • #31,051
  • Feb 4, 2010 7:43am Feb 4, 2010 7:43am
Good morning bkg
" When the ship starts to sink, don't just pray. JUMP "
  • #31,052
  • Feb 4, 2010 8:04am Feb 4, 2010 8:04am
hey all..short night sleep now i'm back. hope all is green!
  • #31,053
  • Feb 4, 2010 8:10am Feb 4, 2010 8:10am
mrs
long at 76 retrace of 1hr engulfing?
  • #31,054
  • Feb 4, 2010 8:18am Feb 4, 2010 8:18am
welcome back Tim. hope you are rested
" When the ship starts to sink, don't just pray. JUMP "
  • #31,055
  • Feb 4, 2010 8:46am Feb 4, 2010 8:46am
Quoting zeep
I'm short off the 62 SMA at 5874 SL 5886. I'm thinkin TP at 5837.
Hello Zeep, do you use the 62sma on the 15m?
  • #31,056
  • Edited 9:12am Feb 4, 2010 8:56am | Edited 9:12am
Quoting luckylady
Hello Zeep, do you use the 62sma on the 15m?
I did this time. I'm gathering from your question that this isn't wise. I was only going to stay in for a short while. I got out with a few pips. I'm new to trading and have a lot to learn.
  • #31,057
  • Feb 4, 2010 9:26am Feb 4, 2010 9:26am
Quoting zeep
I did this time. I'm gathering from your question that this isn't wise. I was only going to stay in for a short while. I got out with a few pips. I'm new to trading and have a lot to learn.
Its just that its not one of the ma's in this system (of course you're free to use whatever you want ) just didn't want any newbies to get confused. In this system we use the 62ema on the hourly thats why there might be confusion. It worked so thats the main thing
  • #31,058
  • Feb 4, 2010 9:33am Feb 4, 2010 9:33am
Quoting luckylady
Its just that its not one of the ma's in this system (of course you're free to use whatever you want ) just didn't want any newbies to get confused. In this system we use the 62ema on the hourly thats why there might be confusion. It worked so thats the main thing
I see your point. Thanks very much.
  • #31,059
  • Feb 4, 2010 9:42am Feb 4, 2010 9:42am
Quoting zeep
I did this time. I'm gathering from your question that this isn't wise. I was only going to stay in for a short while. I got out with a few pips. I'm new to trading and have a lot to learn.
Put 248SMA on your 15M chart. It helps a lot.
  • #31,060
  • Feb 4, 2010 9:44am Feb 4, 2010 9:44am
As the 1hr 62ema is so powerful, i do reference it on the 15 min (248 ma)
" When the ship starts to sink, don't just pray. JUMP "
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