Trade what you see NOT what you expect | Page 1638 | Forex Factory

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Trade what you see NOT what you expect

  • #32,741
  • Mar 11, 2010 9:01am Mar 11, 2010 9:01am
Hello every one.

Interesting title (of the thread) you have here.

Have been lurking around but did't came in here before. I'll try to drop in more often.
.
  • #32,742
  • Mar 11, 2010 9:04am Mar 11, 2010 9:04am
hello nasir and welcome
" When the ship starts to sink, don't just pray. JUMP "
  • #32,743
  • Mar 11, 2010 9:05am Mar 11, 2010 9:05am
Quoting occamsrazors
Hi All. I've been lurking in this thread for a week or so, slowly absorbing the PDF and older posts, and figured it was time to say hello. Thanks to EOhater and everyone who kept the thread alive so I could stumble across it!

I came across the following comment by EOhater on one of Macc's posts and figured I better make sure I understand the 35 pip zone concept.



Could someone please have a look at the chart below to see if I have got the concept of the 35 pip zone below the last candle to close across the 35 EMA correct. The blue ellipse...

That is some 1st post! You deserve to win with that sort of detail.
  • #32,744
  • Mar 11, 2010 9:06am Mar 11, 2010 9:06am
I've been taking note of the thread for a while now. Of course my interest was sparked from the original ideal behind the trading style but the regular writers seem a good bunch and so have kept me captivated.

It can be difficult to follow and I wondered if anyone had thought of posting each of their trades live? I note some do say 'did you catch xxx' after the event but that doesn't say much for the system/trading method in reality.
  • #32,745
  • Mar 11, 2010 9:10am Mar 11, 2010 9:10am
Quoting Gladis Night
hello nasir and welcome
Hey thanks Gladis.

Are you really a Blonde?

Don't call yourself dumb, cause You don't have a less chance of success at this business then anyone else.

Just keep it simple like every thing else in your life.
.
  • #32,746
  • Mar 11, 2010 9:12am Mar 11, 2010 9:12am
So every one that believes in Trade what you see NOT what you expect.

This is something worth reading if you have't yet.

http://www.forexfactory.com/showpost...00&postcount=1
.
  • #32,747
  • Mar 11, 2010 9:13am Mar 11, 2010 9:13am
Quoting jwUK
I've been taking note of the thread for a while now. Of course my interest was sparked from the original ideal behind the trading style but the regular writers seem a good bunch and so have kept me captivated.

It can be difficult to follow and I wondered if anyone had thought of posting each of their trades live? I note some do say 'did you catch xxx' after the event but that doesn't say much for the system/trading method in reality.
Hello and not sure what you mean by live posting but I can tell you this trading system does work!! I am long from1.4990 which is the 1hr 62ma, PA from yesterday and earlier today, it was a 35/50 cross trade, and if you use fibs it was the 61 fib from todays move up. I promise there are traders in here much better than me but I am willing to bet just about everyone took that trade and is now locked in profit with a no loss trade in play. Can we get a show of hands from those that took the trade....
Please ask questions and share your experiences with us all!
  • #32,748
  • Mar 11, 2010 9:19am Mar 11, 2010 9:19am
Quoting nasir.khan
Hey thanks Gladis.

Are you really a Blonde?

Don't call yourself dumb, cause You don't have a less chance of success at this business then anyone else.

Just keep it simple like every thing else in your life.
.
hi nasir
yes lol
" When the ship starts to sink, don't just pray. JUMP "
  • #32,749
  • Mar 11, 2010 9:21am Mar 11, 2010 9:21am
if I raise my hands I'll drop my pips
" When the ship starts to sink, don't just pray. JUMP "
  • #32,750
  • Mar 11, 2010 9:26am Mar 11, 2010 9:26am
Quoting bkg102665
Hello and not sure what you mean by live posting but I can tell you this trading system does work!! I am long from1.4990 which is the 1hr 62ma, PA from yesterday and earlier today, it was a 35/50 cross trade, and if you use fibs it was the 61 fib from todays move up. I promise there are traders in here much better than me but I am willing to bet just about everyone took that trade and is now locked in profit with a no loss trade in play. Can we get a show of hands from those that took the trade....
I was already convinced the system works, I don't think the thread would be as popular as it is (although the banter is amusing).

By live, I mean, after each trade post a message to say;
Gone long on GbpUsd @1.xxxx stop @xxxxx target xxxxx
and update
Moved stop to xxxxx, target now xxxxx etc etc.

Good work with the trade you mentioned, the best feeling to have profit locked in.

It would make an interesting journal and the beginners would see confirmation of what they SHOULD have spotted on the charts.
  • #32,751
  • Mar 11, 2010 9:28am Mar 11, 2010 9:28am
Quoting bkg102665
Hello and not sure what you mean by live posting but I can tell you this trading system does work!! I am long from1.4990 which is the 1hr 62ma, PA from yesterday and earlier today, it was a 35/50 cross trade, and if you use fibs it was the 61 fib from todays move up. I promise there are traders in here much better than me but I am willing to bet just about everyone took that trade and is now locked in profit with a no loss trade in play. Can we get a show of hands from those that took the trade....
Nice bkg. I was actually away from my charts on the first visit to the 62 but she kindly gave me another chance. She must be in a good mood.

Macc
  • #32,752
  • Mar 11, 2010 9:30am Mar 11, 2010 9:30am
Quoting Gladis Night
if I raise my hands I'll drop my pips
Go get 'em Gladis
  • #32,753
  • Mar 11, 2010 9:30am Mar 11, 2010 9:30am
Hi I've been lurking for a while and decided to take the plunge and ask some questions...I need lots of help. Referring to the trade off of the one hour 62 EMA...I see that one. I'm not sure about the cross of the 35/50...is it the 50 ema or 50 sma(I'm looking at the 15 min chart). Also...where can I find info about the 35 pip zone...couldn't find it in EO's PDF on 1st page... and lastly...not to wear out my welcome...I saw where Captain was going to post a FAQ a while back...but I could not find it. Thanks!!
  • #32,754
  • Mar 11, 2010 9:34am Mar 11, 2010 9:34am
Quoting macc
Go get 'em Gladis
No,

If she did,

she'll end up dropping more.
  • #32,755
  • Mar 11, 2010 9:36am Mar 11, 2010 9:36am
Oh I forgot to mention...I'm a 'Carolina Girl' too!
  • #32,756
  • Mar 11, 2010 9:41am Mar 11, 2010 9:41am
Quoting nasir.khan
No,

If she did,

she'll end up dropping more.
She'll have tipped the first lot in her pip truck so she's got two free hands to grab some more
  • #32,757
  • Mar 11, 2010 9:46am Mar 11, 2010 9:46am
Quoting UgoPips
Hi I've been lurking for a while and decided to take the plunge and ask some questions...I need lots of help. Referring to the trade off of the one hour 62 EMA...I see that one. I'm not sure about the cross of the 35/50...is it the 50 ema or 50 sma(I'm looking at the 15 min chart). Also...where can I find info about the 35 pip zone...couldn't find it in EO's PDF on 1st page... and lastly...not to wear out my welcome...I saw where Captain was going to post a FAQ a while back...but I could not find it. Thanks!!
Hi and welcome Ugo
" When the ship starts to sink, don't just pray. JUMP "
  • #32,758
  • Mar 11, 2010 9:47am Mar 11, 2010 9:47am
Quoting macc
Nice bkg. I was actually away from my charts on the first visit to the 62 but she kindly gave me another chance. She must be in a good mood.

Macc
Hi macc, gladis, bk,...

nice long trade. Do you think she can break through the 5050-5070 area? When yes what's the next TP? 5130?
  • #32,759
  • Mar 11, 2010 9:49am Mar 11, 2010 9:49am
Hello MCFly. I hope you are well today
" When the ship starts to sink, don't just pray. JUMP "
  • #32,760
  • Mar 11, 2010 9:49am Mar 11, 2010 9:49am
Quoting UgoPips
Hi I've been lurking for a while and decided to take the plunge and ask some questions...I need lots of help. Referring to the trade off of the one hour 62 EMA...I see that one. I'm not sure about the cross of the 35/50...is it the 50 ema or 50 sma(I'm looking at the 15 min chart). Also...where can I find info about the 35 pip zone...couldn't find it in EO's PDF on 1st page... and lastly...not to wear out my welcome...I saw where Captain was going to post a FAQ a while back...but I could not find it. Thanks!!
Hi Ugo and welcome to the thread.

The 35/50 cross and reverse trade refers to the 50 "E" ma.

The 35 pip zone is referenced in an intraday worksheet EO kindly provided.

If you click on the paperclip icon in the top right hand corner of the thread (with the number 2,786 next to it) it opens up a new window listing all the attachments on the thread. In the top left hand corner of the new window you can click on "(hide images)" which shortens the list of attachments to only documents. Scroll down the list and you'll see EO's intraday worksheet and Captain's FAQ sheet.

Macc
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