Trade what you see NOT what you expect | Page 1597 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Why did you start trading and what do you expect from it? 19 replies

How soon after you put on a trade do you expect to be "in the money"? 28 replies

How do you see trading - Do you see it as a means to an end? 12 replies

how long do you expect to trade? 10 replies

Trade What You See And Not What You Hope 0 replies

Attachments: Trade what you see NOT what you expect
Exit Attachments

Trade what you see NOT what you expect

  • #31,921
  • Feb 23, 2010 11:47am Feb 23, 2010 11:47am
Quoting MarcVUM
they got bought out by td ameritrade so that's where my charts are coming from? would it be of any use to change the time zone on my computer?
I do not think that will change when your 4hr closes but if I am wrong someone else please speak up
Please ask questions and share your experiences with us all!
  • #31,922
  • Feb 23, 2010 11:50am Feb 23, 2010 11:50am
Quoting bkg102665
I do not think that will change when your 4hr closes but if I am wrong someone else please speak up

thanks. i saw the touch of the 62ema on the 1hr... caught that but i also have a trendline from the low @ 6:45am to the next higher low @10:30am... I see it hitting that line again and looking for a bounce higher right now.
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #31,923
  • Feb 23, 2010 11:56am Feb 23, 2010 11:56am
Quoting MarcVUM
thanks. i saw the touch of the 62ema on the 1hr... caught that but i also have a trendline from the low @ 6:45am to the next higher low @10:30am... I see it hitting that line again and looking for a bounce higher right now.
mine never touched the 62 but it did touch the 50ma
Please ask questions and share your experiences with us all!
  • #31,924
  • Feb 23, 2010 12:02pm Feb 23, 2010 12:02pm
Quoting bkg102665
mine never touched the 62 but it did touch the 50ma
your right, sorry. it was the 50.

i'm getting my bounce now on the 15min

thanks for your help
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #31,925
  • Feb 23, 2010 12:36pm Feb 23, 2010 12:36pm
Back from my lunch break. I'm long on EJ at 75 playing the IB on the m15 with tweezer bottoms. Looking to see if she can put in a triple bottom here with this m15 candle.
Just digging in the trenches like everyone else!
  • #31,926
  • Feb 23, 2010 12:40pm Feb 23, 2010 12:40pm
Hi guys and girls,

how do you enter such MA bounce trades like the last one

1hr 50SMA and 15min 200SMA at 17:00 GMT

does it make sense to let the bounce happen and enter, when the working candle changes colour (in this case from green to red)

cheers

tdeu
  • #31,927
  • Feb 23, 2010 12:43pm Feb 23, 2010 12:43pm
Quoting eohater
Back from my lunch break. I'm long on EJ at 75 playing the IB on the m15 with tweezer bottoms. Looking to see if she can put in a triple bottom here with this m15 candle.
Good afternoon guys, a triple bottom ? where do you see the first and second bottom ?
  • #31,928
  • Feb 23, 2010 12:43pm Feb 23, 2010 12:43pm
Quoting tdeu
Hi guys and girls,

how do you enter such MA bounce trades like the last one

1hr 50SMA and 15min 200SMA at 17:00 GMT

does it make sense to let the bounce happen and enter, when the working candle changes colour (in this case from green to red)

cheers

tdeu
When I'm playing the bounce, I just set the PO for the price of the ma and let the market pull me in. Bounces are not trades where we wait for candle formation. It's simply a position of price without PA. We want to see PA support the position of course after we're in the trade. Keep SL tight, around 20 and you'll be fine.
Just digging in the trenches like everyone else!
  • #31,929
  • Feb 23, 2010 12:45pm Feb 23, 2010 12:45pm
Quoting eohater
Back from my lunch break. I'm long on EJ at 75 playing the IB on the m15 with tweezer bottoms. Looking to see if she can put in a triple bottom here with this m15 candle.
tweezers/ib is not paying off. SL might get hit.
Just digging in the trenches like everyone else!
  • #31,930
  • Feb 23, 2010 12:45pm Feb 23, 2010 12:45pm
Quoting eohater
tweezers/ib is not paying off. SL might get hit.
Added at 59, SL at 45.
Just digging in the trenches like everyone else!
  • #31,931
  • Feb 23, 2010 12:50pm Feb 23, 2010 12:50pm
Quoting mlambole
Good afternoon guys, a triple bottom ? where do you see the first and second bottom ?
On the m15, I was hoping for the tweezers with the IB to be a bottom of her fall. She is OB on being sold, but momentum is in her favor atm. Pippi and I were talking this morning about 122.1x being a hold and I told him I could see 121.5x as the next stop. I'm not willing to add to my shorts on EJ at this price, but I'm willing to take a long on her. I'm looking for her to range out for the rest of the US Session. Just trying to find the bottom of the range atm.
Just digging in the trenches like everyone else!
  • #31,932
  • Feb 23, 2010 4:56pm Feb 23, 2010 4:56pm
Quoting The Captain
Good trade! I mentioned this level yesterday as well and was waiting for it with drool running down my chin! But I was hoping she was going to wait
until the U.S session to get there.. Missed it!
Oh man, my order did not get triggered @5580...missed out by 4 pips

For all those who played it out
It's a dirty job but someone's gotta do it!
  • #31,933
  • Feb 24, 2010 12:03am Feb 24, 2010 12:03am
anybody looking at this? i'm seeing the opp for a great short at the 4H 20 EMA and S/R level...looking good to me.

Anybody elses thoughts?
Attached Image (click to enlarge)
Click to Enlarge Name: 4h_sr.gif Size: 14 KB
  • #31,934
  • Feb 24, 2010 12:15am Feb 24, 2010 12:15am
Quoting dakrusha
anybody looking at this? i'm seeing the opp for a great short at the 4H 20 EMA and S/R level...looking good to me.

Anybody elses thoughts?

I see what you are looking at. I have a resistance at 548x and the 20ema is pretty close to that right now. Are you looking to do a PO and let it pull you into the trade or are you thinking of a confirmation candle?
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #31,935
  • Feb 24, 2010 4:44am Feb 24, 2010 4:44am
Good Morning Gladis

Seems we're the only two in here atm this morning. I hope you are well sweetie.
Ghost Rider - WWTBMD?
  • #31,936
  • Feb 24, 2010 4:53am Feb 24, 2010 4:53am
Good morning Chris. i hope you are well today
" When the ship starts to sink, don't just pray. JUMP "
  • #31,937
  • Feb 24, 2010 4:55am Feb 24, 2010 4:55am
When its quiet i like to learn new stuff
" When the ship starts to sink, don't just pray. JUMP "
  • #31,938
  • Feb 24, 2010 4:58am Feb 24, 2010 4:58am
Quoting Gladis Night
When its quiet i like to learn new stuff
Well do tell. What new stuff have you learned?
Ghost Rider - WWTBMD?
  • #31,939
  • Feb 24, 2010 5:02am Feb 24, 2010 5:02am
I am looking into the guppy mma system, its pretty
" When the ship starts to sink, don't just pray. JUMP "
  • #31,940
  • Feb 24, 2010 5:03am Feb 24, 2010 5:03am
Quoting Gladis Night
I am looking into the guppy mma system, its pretty
guppy mma? Never heard of that one..
Ghost Rider - WWTBMD?
45 traders viewing now