Trade what you see NOT what you expect | Page 1559 | 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

  • #31,161
  • Feb 5, 2010 1:33am Feb 5, 2010 1:33am
Quoting Gladis Night
i am good thanks, looking forward to some really interesting times to come this year
Pippi and I were just talking about this year! Oh, it's gonna be freaking insane!
Just digging in the trenches like everyone else!
  • #31,162
  • Feb 5, 2010 1:35am Feb 5, 2010 1:35am
Quoting luckylady
Thank you my Lady!
Just digging in the trenches like everyone else!
  • #31,163
  • Feb 5, 2010 1:35am Feb 5, 2010 1:35am
Quoting eohater
Pippi and I were just talking about this year! Oh, it's gonna be freaking insane!
It feels like 2008, EO! Bring it on!

cheers, Paul
  • #31,164
  • Feb 5, 2010 1:40am Feb 5, 2010 1:40am
Quoting poundforex
I said in 2008 that Oil would be under $100 last year, and some thought I was bonkers, and I still think that oil is still overspeculated, there is so much of the stuff left in the ground, and I'm pretty sure that by the time it does eventually run out we will have plenty of alternatives.
There's no doubt that oil is overspeculated and over valued!

There's plenty to go around well beyond the life of this planet. Our govt's and media want us to live in fear of it though.
Just digging in the trenches like everyone else!
  • #31,165
  • Feb 5, 2010 1:40am Feb 5, 2010 1:40am
Quoting eohater
Pippi and I were just talking about this year! Oh, it's gonna be freaking insane!
when things get insane the loonies take over. Are you ready ?
" When the ship starts to sink, don't just pray. JUMP "
  • #31,166
  • Feb 5, 2010 1:44am Feb 5, 2010 1:44am
hey everybody! hope all is well here.
I just exited a short trade and i'm REALLY sorry i did!
  • #31,167
  • Feb 5, 2010 1:45am Feb 5, 2010 1:45am
Good MAE Tim
" When the ship starts to sink, don't just pray. JUMP "
  • #31,168
  • Feb 5, 2010 1:46am Feb 5, 2010 1:46am
Quoting eohater
There's no doubt that oil is overspeculated and over valued!

There's plenty to go around well beyond the life of this planet. Our govt's and media want us to live in fear of it though.
that's part of the whole "al gore green earth" thing and the war in iraq. Iraq has the largest natural gas supply in the world in it's soil and the second largest oil supply (or the other way around).

the US getting it would REALLY ruin AG's day....oh and of course the polar caps would melt and the bears would die and the bees would no longer produce anything!....sorrry....so sorry...somebody take this soap box away please!
  • #31,169
  • Feb 5, 2010 1:49am Feb 5, 2010 1:49am
Quoting Gladis Night
Good MAE Tim
YO YO YO GN!!! how you be?
  • #31,170
  • Feb 5, 2010 1:49am Feb 5, 2010 1:49am
Quoting dakrusha
hey everybody! hope all is well here.
I just exited a short trade and i'm REALLY sorry i did!
Hey Dak! Always another trade! Don't you have 2 accounts yet? If not, go set one up. That way you can cover one and go the opposite in another. Even if I'm good on one position long and up nicely, it doesn't prevent me from jumping in front of her at key S/R to grab some nice pipperonis.
Just digging in the trenches like everyone else!
  • #31,171
  • Feb 5, 2010 1:53am Feb 5, 2010 1:53am
Quoting eohater
Hey Dak! Always another trade! Don't you have 2 accounts yet? If not, go set one up. That way you can cover one and go the opposite in another. Even if I'm good on one position long and up nicely, it doesn't prevent me from jumping in front of her at key S/R to grab some nice pipperonis.
i'm still building this account to something respectable. i will be doing a second account ASAP though. FXCM has had many technical issues that i want to be away from when a good trade opens.

OH...BTW. Not sure who knows or who cares, BUT, FXCM has a UK division that is not affected by the FIFO rules OR the new proposed 1:10 leverage.

just an FYI.
  • #31,172
  • Feb 5, 2010 1:55am Feb 5, 2010 1:55am
Sure.

I actually use two separate charts. The one that I have posted here I use a 24 SMA, a 34SMA, a 89 Smoothed, a 144 EMA and a 169 EMA.

The 144 EMA and 169 EMA act as the tunnel. prices like to pivot around it, bounce off it, etc. The 34 and 24 SMA work as the shorter trends. I like to see the 24 and 34 cross for continued trends and I to use them as entry points as well when they line up by fib lines.

The 89 smoothed is also a trend signal. Above the tunnel, down trend. Below the tunnel, up trend.

I do work mostly off price action, fibs and candlestick patterns but the MA's are extra confidence builders to enter/stay in a trade.

I trade by the rule:

All methods will work SOME of the time
Some methods will work MOST of the time
NO methods will work ALL of the time

Thus It is good to have more than one method in place.

C.

Quoting eohater
Attitude! Attitude! Attitude! (In case no one understands, life is all about your attitude and perception)

Do you mind sharing what ma's you have on your daily?
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  • #31,173
  • Feb 5, 2010 1:56am Feb 5, 2010 1:56am
Quoting Ctic
Sure.

I actually use two separate charts. The one that I have posted here I use a 24 SMA, a 34SMA, a 89 Smoothed, a 144 EMA and a 169 EMA.

The 144 EMA and 169 EMA act as the tunnel. prices like to pivot around it, bounce off it, etc. The 34 and 24 SMA work as the shorter trends. I like to see the 24 and 34 cross for continued trends and I to use them as entry points as well when they line up by fib lines.

The 89 smoothed is also a trend signal. Above the tunnel, down trend. Below the tunnel, up trend.

I do work mostly off price action,...
Thank you for sharing! I love my ma's and will probably find yours just as useful.

If you don't have a 200sma on all of your charts, I would recommend it. Obviously I recommend all of my ma's, but some people see the charts as spaghetti at that point.
Just digging in the trenches like everyone else!
  • #31,174
  • Feb 5, 2010 1:56am Feb 5, 2010 1:56am
Quoting Gladis Night
Good morning Ctic
Good morning luckylady
I hope you are both well today
Good Morning Gladis.

I am outstanding and you?

C.
  • #31,175
  • Feb 5, 2010 1:59am Feb 5, 2010 1:59am
Quoting Ctic
Good Morning Gladis.

I am outstanding and you?

C.
Thats great to hear, i am good ( sometimes )
" When the ship starts to sink, don't just pray. JUMP "
  • #31,176
  • Feb 5, 2010 1:59am Feb 5, 2010 1:59am
Good morning guys!
I don't want a job, i want money!
  • #31,177
  • Feb 5, 2010 1:59am Feb 5, 2010 1:59am
WOW!! i am SO blown away by the PA going on right now! FREAKISH!
  • #31,178
  • Feb 5, 2010 2:00am Feb 5, 2010 2:00am
Quoting dario1002
Good morning guys!
Good morning dario. I hope you are well today
" When the ship starts to sink, don't just pray. JUMP "
  • #31,179
  • Feb 5, 2010 2:03am Feb 5, 2010 2:03am
Quoting Gladis Night
Thats great to hear, i am good ( sometimes )
hmmm....something tells me you're "good" all the time!
  • #31,180
  • Feb 5, 2010 2:08am Feb 5, 2010 2:08am
Quoting eohater
Thank you for sharing! I love my ma's and will probably find yours just as useful.

If you don't have a 200sma on all of your charts, I would recommend it. Obviously I recommend all of my ma's, but some people see the charts as spaghetti at that point.
I used to use the 200sma but took it off a long time ago for some reason I don't remember. I just put it back on and I see how it does fit in again, so I will leave it. Here is my other MA chart, compression chart.
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