Trade what you see NOT what you expect | Page 1588 | 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 And Not What You Hope 0 replies

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Trade what you see NOT what you expect

  • #31,741
  • Feb 18, 2010 8:33am Feb 18, 2010 8:33am
Quoting Gladis Night
LOL never said I understood it
nice!
Cap
  • #31,742
  • Feb 18, 2010 8:35am Feb 18, 2010 8:35am
Quoting The Captain
nice!
I got lost at " FORWARD "
" When the ship starts to sink, don't just pray. JUMP "
  • #31,743
  • Feb 18, 2010 8:45am Feb 18, 2010 8:45am
Quoting Gladis Night
I got lost at " FORWARD "
Haha come on. I know you are smarter than you make yourself out to be.
Cap
  • #31,744
  • Feb 18, 2010 8:52am Feb 18, 2010 8:52am
Quoting The Captain
Haha come on. I know you are smarter than you make yourself out to be.
actually I fell asleep LOL
" When the ship starts to sink, don't just pray. JUMP "
  • #31,745
  • Feb 18, 2010 1:32pm Feb 18, 2010 1:32pm
what just happened? 40+ pips in SECONDDS!!
  • #31,746
  • Feb 18, 2010 1:36pm Feb 18, 2010 1:36pm
Can someone tell me what the hell just happened!!!I knew the last 4hr close was showing short but this is crazy!!
Please ask questions and share your experiences with us all!
  • #31,747
  • Feb 18, 2010 1:39pm Feb 18, 2010 1:39pm
Quoting bkg102665
Can someone tell me what the hell just happened!!!I knew the last 4hr close was showing short but this is crazy!!
Is this all because Dell missed their estimate....man!!
Please ask questions and share your experiences with us all!
  • #31,748
  • Feb 18, 2010 1:41pm Feb 18, 2010 1:41pm
Quoting bkg102665
Is this all because Dell missed their estimate....man!!
GOD DAM FED RAISED DISCOUNT RATE BY .25% TO .75%....

FCUK i hate the FED!
  • #31,749
  • Feb 18, 2010 1:52pm Feb 18, 2010 1:52pm
USD just blew through support.
Attached Image (click to enlarge)
Click to Enlarge Name: usd.gif Size: 30 KB
  • #31,750
  • Feb 18, 2010 2:50pm Feb 18, 2010 2:50pm
wow what a drop, just wish i would of been short instead of long on it. i thought that it would hold up at 1.5553. do you think the next stop is 1.5344?
  • #31,751
  • Feb 18, 2010 3:02pm Feb 18, 2010 3:02pm
Quoting 1pip wonder
wow what a drop, just wish i would of been short instead of long on it. i thought that it would hold up at 1.5553. do you think the next stop is 1.5344?
We could be at 1.5300 and below very easy by tomorrow this time.I have a support at 1.5345 on my 4hr but do not know if that will even hold her tomorrow.It is crazy Friday coming up so who knows.
Please ask questions and share your experiences with us all!
  • #31,752
  • Feb 18, 2010 3:14pm Feb 18, 2010 3:14pm
Quoting 1pip wonder
wow what a drop, just wish i would of been short instead of long on it. i thought that it would hold up at 1.5553. do you think the next stop is 1.5344?
it can be tough to trade during times like this since this is solely based on news. it may have ended up there anyway over the next day or so, but since it's news all S/R are void. Unless you have a trade that is open in the direction of the movement, it's best to stay out for a while...just my two cents.
we should be good for a long back up to 55xx
  • #31,753
  • Feb 18, 2010 3:38pm Feb 18, 2010 3:38pm
since i'm impatient i took 22 pips on that.
VERY NICE!! woot !!!!!!
  • #31,754
  • Feb 18, 2010 3:57pm Feb 18, 2010 3:57pm
Quoting dakrusha
it can be tough to trade during times like this since this is solely based on news. it may have ended up there anyway over the next day or so, but since it's news all S/R are void. Unless you have a trade that is open in the direction of the movement, it's best to stay out for a while...just my two cents.
we should be good for a long back up to 55xx
FREAKIN WOW!!! maybe not!
glad i took my 22!
  • #31,755
  • Feb 18, 2010 4:06pm Feb 18, 2010 4:06pm
Quoting dakrusha
it can be tough to trade during times like this since this is solely based on news. it may have ended up there anyway over the next day or so, but since it's news all S/R are void. Unless you have a trade that is open in the direction of the movement, it's best to stay out for a while...just my two cents.
we should be good for a long back up to 55xx
I make it a habit not to trade the news. From time to time I am in it, but I like normal markets. Just my opinion.
  • #31,756
  • Feb 18, 2010 4:18pm Feb 18, 2010 4:18pm
Quoting Ctic
I make it a habit not to trade the news. From time to time I am in it, but I like normal markets. Just my opinion.
i agree. I steer clear of news all together. when i entered i thought that perhaps the news cycle had wound down. I wasn't paying attention to the time and saw after i exited (thankfully) that tokyo was opening.

this was one of those blind sided news events though. nobody saw it coming...except those bastard FEDS!! ARGH!!!!
  • #31,757
  • Feb 18, 2010 7:24pm Feb 18, 2010 7:24pm
Dear all friends of this thread:
Recently my trading is not good. I tried to trade 1h62ema and 15m 35/50ma, but I failed a few times. I know it is not 100% sucess. But I still want to increase the percentage of sucess. So can anybody give some sugggestions on how to confirm it will work or not? thanks a lot.
Dancing with Candlesticks
  • #31,758
  • Feb 18, 2010 8:09pm Feb 18, 2010 8:09pm
Quoting dakrusha
i agree. I steer clear of news all together. when i entered i thought that perhaps the news cycle had wound down. I wasn't paying attention to the time and saw after i exited (thankfully) that tokyo was opening.

this was one of those blind sided news events though. nobody saw it coming...except those bastard FEDS!! ARGH!!!!
Yep, it's tax season. They are looking to screw everyone right now. lol.
  • #31,759
  • Feb 18, 2010 8:25pm Feb 18, 2010 8:25pm
Quoting iForex
Dear all friends of this thread:
Recently my trading is not good. I tried to trade 1h62ema and 15m 35/50ma, but I failed a few times. I know it is not 100% sucess. But I still want to increase the percentage of sucess. So can anybody give some sugggestions on how to confirm it will work or not? thanks a lot.
to be honest "I THINK" this market has been pretty difficult to trade. my sys runs on a 5M chart and it's been very out of character. i've had to modify my entries and exits quite a bit.

the news event from this afternoon is a perfect example. the FED released an unexpected news event and GU dropped over 200 pips in three hours. That defeats ANY system because nobody could have expected that.

I know this doesn't help your trading specifically, however, i hope you can grasp two things here.

1) It's of the utmost important to stay flexible and with that money management is key.
2) Every system, in all its perfections has times when it just won't work and that money management is key. (yes i sadi that twice)

Sometimes this game isn't about making money, it's about NOT losing it which is why money management is key.

peace
dak
  • #31,760
  • Feb 18, 2010 8:26pm Feb 18, 2010 8:26pm
Quoting Ctic
Yep, it's tax season. They are looking to screw everyone right now. lol.
OH they do NOT need tax season to need a reason to screw us. They are doing a great job at that anyways!
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