Trade what you see NOT what you expect | Page 1570 | Forex Factory

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Trade what you see NOT what you expect

  • #31,381
  • Feb 9, 2010 8:46am Feb 9, 2010 8:46am
yah ...erased all my profits on the 62 ema trade..luckily i had covered to BE
  • #31,382
  • Feb 9, 2010 8:57am Feb 9, 2010 8:57am
Good Morning Everyone!
I hope you all had a Green Day!!!

I thought I would post up my charts for some visual learning. The best way to learn is by actually watching and understanding the charts as you can only read so much about something. So here are charts for EURUSD, EURJPY and GBPUSD with highlighted possible entries at trendline retraces or s/r line bounces. Questions/Comments/Words of Wisdom are welcome!

GBPUSD
http://img704.imageshack.us/img704/5913/gbpusdfeb9.gif

EURUSD
http://img28.imageshack.us/img28/8364/eurusdfeb9.gif

EURJPY
http://img28.imageshack.us/img28/3852/eurjpyfeb9.gif

Happy Trading,
-Ahsan
  • #31,383
  • Feb 9, 2010 9:21am Feb 9, 2010 9:21am
these extreme swings are starting to take their toll no me...take that back...they already HAVE taken their toll on me
  • #31,384
  • Feb 9, 2010 9:46am Feb 9, 2010 9:46am
ahhhhhhhhh that's crazy. Made my fastest 60 pips ever with a E/J short. The trade last 10-20 sec.
  • #31,385
  • Feb 9, 2010 9:46am Feb 9, 2010 9:46am
anyone selling at the 15min 35/50 cross?
  • #31,386
  • Feb 9, 2010 9:51am Feb 9, 2010 9:51am
Quoting MCFly
ahhhhhhhhh that's crazy. Made my fastest 60 pips ever with a E/J short. The trade last 10-20 sec.
haha awesome! I had the same trade, but only for 50 pips. Don't you just love it! Amazing trade set ups today.
  • #31,387
  • Feb 9, 2010 9:52am Feb 9, 2010 9:52am
apparently my connection to fxcm took a #2.
  • #31,388
  • Feb 9, 2010 9:54am Feb 9, 2010 9:54am
McFly, would you please tell us at what point you went short?
  • #31,389
  • Feb 9, 2010 10:06am Feb 9, 2010 10:06am
Quoting mary4x
McFly, would you please tell us at what point you went short?
Okay here is a brief explaination why I think it was a good idea to take the trade:

- 15 min shooting star which rejected to cross the 124.20
- the next candle went above 124.00 and came back down
- the 4 hr candle bounced from the 50 ema
- E/J was in the 50er fibo area of the last big downtrend
- no news event and from my point of view it was time for a retracement
  • #31,390
  • Edited 10:41am Feb 9, 2010 10:30am | Edited 10:41am
Is there anyone here who can make an MT4 alert or indicator to go off when a candle crosses the 35ma and closes? I am not that good with making alerts.
Please ask questions and share your experiences with us all!
  • #31,391
  • Feb 9, 2010 10:43am Feb 9, 2010 10:43am
Quoting bkg102665
Is there anyone here who can make an MT4 alert or indicator to go off when a candle crosses the 35ma and closes? I am not that good with making alerts.
I can't but I know someone that can I'll ask them for you, do you need it to make a noise, pop up or both.
  • #31,392
  • Feb 9, 2010 10:44am Feb 9, 2010 10:44am
Quoting luckylady
I can't but I know someone that can I'll ask them for you, do you need it to make a noise, pop up or both.
a loud noise that says "Get in now stupid" would be great...lol
Please ask questions and share your experiences with us all!
  • #31,393
  • Feb 9, 2010 10:49am Feb 9, 2010 10:49am
Quoting bkg102665
a loud noise that says "Get in now stupid" would be great...lol
I'll see what I can do
  • #31,394
  • Feb 9, 2010 10:50am Feb 9, 2010 10:50am
Quoting bkg102665
Is there anyone here who can make an MT4 alert or indicator to go off when a candle crosses the 35ma and closes? I am not that good with making alerts.
Actually, I've got something a little better in the works being programmed for us. But, for the time being, if someone has the ability to do a simple alert for BKG, that would be great.
Just digging in the trenches like everyone else!
  • #31,395
  • Feb 9, 2010 10:55am Feb 9, 2010 10:55am
Quoting eohater
Actually, I've got something a little better in the works being programmed for us. But, for the time being, if someone has the ability to do a simple alert for BKG, that would be great.
oooohhh intriguing
  • #31,396
  • Feb 9, 2010 10:55am Feb 9, 2010 10:55am
Good morning EO,

How big can the difference be between the two candles?

Quoting tdeu
hi,

I have EO's def of a dbhlc and dblhc. What is the max difference between both candles you'd still consider it dbhlc or dblhc?

the one from 8gmt today had 10 pips difference on my feed.

tdeu
  • #31,397
  • Feb 9, 2010 11:01am Feb 9, 2010 11:01am
Quoting eohater
Actually, I've got something a little better in the works being programmed for us. But, for the time being, if someone has the ability to do a simple alert for BKG, that would be great.
Thanks bro, are you just waking up from superbowl party...lol
Please ask questions and share your experiences with us all!
  • #31,398
  • Feb 9, 2010 11:03am Feb 9, 2010 11:03am
Quoting bkg102665
Thanks bro, are you just waking up from superbowl party...lol
Brother, I have spanked the ladies for the past couple of days and they LIKE IT!

It's been insane!

Superbowl was totally pissed me off. My Colts got their ass handed to them. Not that they didn't play well, they did, but the Saints coach had bigger stones. I guess, since I'm in Indiana and Drew Brees graduated from Purdue, that I should still feel good, but I don't. Now we wait for next year.
Just digging in the trenches like everyone else!
  • #31,399
  • Feb 9, 2010 11:04am Feb 9, 2010 11:04am
Quoting luckylady
oooohhh intriguing
I'm not a fan of automated trading, but I couldn't pass up seeing if this will payout. Once the EA is complete with backtesting, it'll be released.

I'm excited!!
Just digging in the trenches like everyone else!
  • #31,400
  • Feb 9, 2010 11:05am Feb 9, 2010 11:05am
Quoting tdeu
Good morning EO,

How big can the difference be between the two candles?
Please post me a chart showing the candles.

Thank you!
Just digging in the trenches like everyone else!
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