Trade what you see NOT what you expect | Page 1650 | 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 NOT what you expect

  • #32,981
  • Mar 17, 2010 7:06am Mar 17, 2010 7:06am
Quoting leemonk
lol..... not really.

How many of your billions did you have at that point?
No billions here! I wish someday.
Just digging in the trenches like everyone else!
  • #32,982
  • Mar 17, 2010 7:07am Mar 17, 2010 7:07am
Okay.... thanks for the explanation.

Previously I commented that I thought we were looking at a drop.

However now I 'think' I am seeing a wedge on the hour? which would suggest a breakout Northwards!


What do you all think?

Am I stretching it a little far?
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  • #32,983
  • Mar 17, 2010 7:11am Mar 17, 2010 7:11am
Watch the red descending trendline, I was referring to the blue one earlier about being on top. You can also see the range defined..
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Just digging in the trenches like everyone else!
  • #32,984
  • Mar 17, 2010 7:14am Mar 17, 2010 7:14am
EO,

If you have the time (and inclination) can I please ask you to explain your range to me.

My view is that there is obvious movement outside of what you have defined so I really dont understand why you chosen the areas you have.

ps... Please excuse my bombardment of questions. Its just good to have you on at the same time!

Cheers

Lee
  • #32,985
  • Mar 17, 2010 7:15am Mar 17, 2010 7:15am
Quoting eohater
If your not already short, then it has to close below the range. Otherwsie, longs are still in play. For how long, I'm not sure. She's also on top of the m15 descending trendline from the top if you have one drawn on the wicks.
I've been watching like this. Although my range is a tad different at 5315/5360
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Ghost Rider - WWTBMD?
  • #32,986
  • Mar 17, 2010 7:24am Mar 17, 2010 7:24am
30 viewers?

I think the word is out that EO is here!
  • #32,987
  • Mar 17, 2010 7:49am Mar 17, 2010 7:49am
Quoting leemonk
EO,

If you have the time (and inclination) can I please ask you to explain your range to me.

My view is that there is obvious movement outside of what you have defined so I really dont understand why you chosen the areas you have.

ps... Please excuse my bombardment of questions. Its just good to have you on at the same time!

Cheers

Lee
If you notice how price moves, it consolidates, breaks out, consolidates, breaks out. 99.9% of the time, she consolidates going into the US Session. This consolidation creates a range. This range can adjust as you see it continued to adjust down with a lower price. It's tricky to get it right, but with some practice and an eye on the PA, you'll get it. Remember, the ma's as well. They help in the definition of the range as well.
Just digging in the trenches like everyone else!
  • #32,988
  • Mar 17, 2010 7:50am Mar 17, 2010 7:50am
Good Afternoon Everybody
  • #32,989
  • Mar 17, 2010 7:55am Mar 17, 2010 7:55am
Quoting davids
Good Afternoon Everybody
Good to see you David! I hope the markets have treated you good! If not, time to put your foot in her ass!
Just digging in the trenches like everyone else!
  • #32,990
  • Mar 17, 2010 7:57am Mar 17, 2010 7:57am
Ideally, we want to close below 5315 in 4m to continue south for the next hour. She closed below our morning range, has gone back up and tested it (don't ever be surprised if she tested the closed price of candles of the range vs. the wick price). Now, we need her to continue her show to us and pull her skirt up and show some leg. (No offense to the women traders, I just like a nice pair of legs)
Just digging in the trenches like everyone else!
  • #32,991
  • Mar 17, 2010 7:57am Mar 17, 2010 7:57am
Quoting eohater
Good to see you David! I hope the markets have treated you good! If not, time to put your foot in her ass!
LOL, Good to see you too mate I have made loads of pips this week, longs on GU and GY have been the ticket the last 2 days
  • #32,992
  • Mar 17, 2010 7:59am Mar 17, 2010 7:59am
Quoting eohater
Ideally, we want to close below 5315 in 4m to continue south for the next hour. She closed below our morning range, has gone back up and tested it (don't ever be surprised if she tested the closed price of candles of the range vs. the wick price). Now, we need her to continue her show to us and pull her skirt up and show some leg. (No offense to the women traders, I just like a nice pair of legs)
Yes I am very partial to a nice pair of legs too
  • #32,993
  • Mar 17, 2010 8:03am Mar 17, 2010 8:03am
Hi EO...great to be on line with you. I took the trade when GBP closed below its morning range on the 15M. When would you suggest getting out as SL...if it closes back up in the range...above the 10 MA or breaks the trendline?
  • #32,994
  • Mar 17, 2010 8:06am Mar 17, 2010 8:06am
Quoting eohater
Ideally, we want to close below 5315 in 4m to continue south for the next hour. She closed below our morning range, has gone back up and tested it (don't ever be surprised if she tested the closed price of candles of the range vs. the wick price). Now, we need her to continue her show to us and pull her skirt up and show some leg. (No offense to the women traders, I just like a nice pair of legs)

Wrapped around your waist or ears?
  • #32,995
  • Mar 17, 2010 8:07am Mar 17, 2010 8:07am
Quoting PippiNole
Wrapped around your waist or ears?
Either way is fine with me, as long as their smooth shaven!
Just digging in the trenches like everyone else!
  • #32,996
  • Mar 17, 2010 8:10am Mar 17, 2010 8:10am
For those where remember the EJ cross of the m15 35 and the 124.29 price, well, she's back!!
Just digging in the trenches like everyone else!
  • #32,997
  • Mar 17, 2010 8:10am Mar 17, 2010 8:10am
Quoting eohater
Either way is fine with me, as long as their smooth shaven!
Stubbles are bad!
  • #32,998
  • Mar 17, 2010 8:12am Mar 17, 2010 8:12am
Quoting PippiNole
Stubbles are bad!
Yep! They don't want to feel stubbles on our face, so why should we on their legs? I feel it's always good if both parties have a nice shave!! It's even better when you shave together!
Just digging in the trenches like everyone else!
  • #32,999
  • Mar 17, 2010 8:17am Mar 17, 2010 8:17am
And people wonder why I'm frustrated. Over 30 people in the thread, and no one is talking about trading. I like to joke around and have fun, but I also like to talk about WTF is going on in the market.
Just digging in the trenches like everyone else!
  • #33,000
  • Mar 17, 2010 8:20am Mar 17, 2010 8:20am
Quoting eohater
And people wonder why I'm frustrated. Over 30 people in the thread, and no one is talking about trading. I like to joke around and have fun, but I also like to talk about WTF is going on in the market.
Hi...I posted...but since I'm new...I'm delayed...could you go up and look at my post...its about 5 up from the bottom right now...thanks!!!
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