Trade what you see NOT what you expect | Page 1613 | Forex Factory

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Trade what you see NOT what you expect

  • #32,241
  • Mar 2, 2010 8:13am Mar 2, 2010 8:13am
Quoting zeep
Good morning everyone. I finally had a decent trade yesterday, short off the 1.5000 area for about 60 pips. I currently have a PO for a short at 1.5000 S/L 1.5016 targeting 1.4940. Any thoughts?
Good morning zeep. i hope you are well today. congratulations on yesterdays trade
" When the ship starts to sink, don't just pray. JUMP "
  • #32,242
  • Mar 2, 2010 8:19am Mar 2, 2010 8:19am
Good morning all, really been slow in here last few days.
Please ask questions and share your experiences with us all!
  • #32,243
  • Mar 2, 2010 8:21am Mar 2, 2010 8:21am
Good morning bkg. Trading has been good tho
" When the ship starts to sink, don't just pray. JUMP "
  • #32,244
  • Mar 2, 2010 9:38am Mar 2, 2010 9:38am
Hello MARY4X!!!! I caught you!!
Please ask questions and share your experiences with us all!
  • #32,245
  • Edited 10:22am Mar 2, 2010 9:49am | Edited 10:22am
That wasn't me.
  • #32,246
  • Mar 2, 2010 8:04pm Mar 2, 2010 8:04pm
Hear that?
Attached Image
Cap
  • #32,247
  • Mar 2, 2010 8:33pm Mar 2, 2010 8:33pm
Quoting The Captain
Hear that?
It is quite in here but still have my eye on 1.5115 to 1.5160 for a short
Please ask questions and share your experiences with us all!
  • #32,248
  • Mar 2, 2010 8:58pm Mar 2, 2010 8:58pm
new to here.weird why so quiet here after so huge posts.this stuff does not work anymore?
  • #32,249
  • Mar 2, 2010 11:57pm Mar 2, 2010 11:57pm
Quoting bkg102665
It is quite in here but still have my eye on 1.5115 to 1.5160 for a short

I'm lookin and not sure what you have at 5115. I don't see anything there.
I'm thinkin more like 5215 towards the 1H 200SMA.
thoughts?
  • #32,250
  • Mar 3, 2010 12:45am Mar 3, 2010 12:45am
Quoting dakrusha
I'm lookin and not sure what you have at 5115. I don't see anything there.
I'm thinkin more like 5215 towards the 1H 200SMA.
thoughts?
Morning Dak & BKG.

Just to throw mine into the mix regarding levels for possible shorts.
After the 15070 we've already had a pull back from my next was 15150 followed by 15232. For the "fibbers" amongst us there's a 50% around 15180. As you say Dak, there's the 1H 200sma, though my charts have it higher up around 15280.
As is often repeated here. Lets watch for PA to show the way.

PS. I do see a minor area at 15118 where BKG makes reference to

Macc
  • #32,251
  • Mar 3, 2010 1:04am Mar 3, 2010 1:04am
Good morning macc. I hope you are well today
" When the ship starts to sink, don't just pray. JUMP "
  • #32,252
  • Mar 3, 2010 1:10am Mar 3, 2010 1:10am
Quoting macc
Morning Dak & BKG.

Just to throw mine into the mix regarding levels for possible shorts.
After the 15070 we've already had a pull back from my next was 15150 followed by 15232. For the "fibbers" amongst us there's a 50% around 15180. As you say Dak, there's the 1H 200sma, though my charts have it higher up around 15280.
As is often repeated here. Lets watch for PA to show the way.

PS. I do see a minor area at 15118 where BKG makes reference to

Macc
Yes it quite in here because most of us are looking where to short at the next level of resistance. But I keep asking myself one question which I feel i need to clearify it right now. Is it that this system does not have a away to long to that level before taking the short or what? It seems everybody is waiting for short at about 100+ pips ahead. Just curious
THE DIFFERENCE BETWEEN GOOD AND EXCELLENT IS ATTENTION TO DETAILS.
  • #32,253
  • Mar 3, 2010 1:15am Mar 3, 2010 1:15am
Hello fellows of the pips ! I'm Michael from Paris, France. I'm 29 and I've been trading for almost a year now, mainly GU and EU. I'm new here, I just wanted to say hello and introduce myself as I'll be around from time to time to share with the community. Thank you all for your nice thoughts and inputs, I wish you all an awesome day !
Hello.
  • #32,254
  • Mar 3, 2010 1:18am Mar 3, 2010 1:18am
Quoting Gladis Night
Good morning macc. I hope you are well today
Morning Gladis. All's good here. Hope the same goes for you
  • #32,255
  • Mar 3, 2010 1:34am Mar 3, 2010 1:34am
Quoting ejiexe
Yes it quite in here because most of us are looking where to short at the next level of resistance. But I keep asking myself one question which I feel i need to clearify it right now. Is it that this system does not have a away to long to that level before taking the short or what? It seems everybody is waiting for short at about 100+ pips ahead. Just curious
Morning Ejiexe.

Speaking only for myself but my post was just to contribute on potential levels higher up where my attention would be drawn should price get there.

In my opinion there's no "system" here as such, more a method of understanding price action and the areas where it bares more relevance. In that respect, the method applies to movements big or small, long or short.

Ideally, you could have been long from the 14950 area leading into the move up during Asia. I had 15070 as a possible area of interest but, to be honest, my method of marking support/resistance only had that as a weaker level with a possible pull-back/retrace rather than an area where price would turn and resume the move down.

Price has moved back down through the 35/50 ma's on the 15m, and I have a 4h which closes in 30 minutes to assess matters further. I have an up sloping trendline around the 14950 area which will get my interest if she gets there.

Macc
  • #32,256
  • Mar 3, 2010 1:35am Mar 3, 2010 1:35am
Quoting emene
Hello fellows of the pips ! I'm Michael from Paris, France. I'm 29 and I've been trading for almost a year now, mainly GU and EU. I'm new here, I just wanted to say hello and introduce myself as I'll be around from time to time to share with the community. Thank you all for your nice thoughts and inputs, I wish you all an awesome day !
Morning Emene. Welcome to the thread

Macc
  • #32,257
  • Mar 3, 2010 1:37am Mar 3, 2010 1:37am
Quoting ejiexe
Yes it quite in here because most of us are looking where to short at the next level of resistance. But I keep asking myself one question which I feel i need to clearify it right now. Is it that this system does not have a away to long to that level before taking the short or what? It seems everybody is waiting for short at about 100+ pips ahead. Just curious
If you are really asking this question, you need to go back and re-read this thread from post #1.
Just digging in the trenches like everyone else!
  • #32,258
  • Mar 3, 2010 1:38am Mar 3, 2010 1:38am
Quoting emene
Hello fellows of the pips ! I'm Michael from Paris, France. I'm 29 and I've been trading for almost a year now, mainly GU and EU. I'm new here, I just wanted to say hello and introduce myself as I'll be around from time to time to share with the community. Thank you all for your nice thoughts and inputs, I wish you all an awesome day !
Good morning emene. Welcome
" When the ship starts to sink, don't just pray. JUMP "
  • #32,259
  • Mar 3, 2010 1:39am Mar 3, 2010 1:39am
Good morning EO. I hope you are well today
" When the ship starts to sink, don't just pray. JUMP "
  • #32,260
  • Mar 3, 2010 1:43am Mar 3, 2010 1:43am
Quoting Gladis Night
Good morning EO. I hope you are well today
Good morning Gladis, Macc et al! Welcome to the thread Emene!

Just living the dream with fresh ink in my printing press! You?
Just digging in the trenches like everyone else!
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