Trade what you see NOT what you expect | Page 1651 | 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

  • #33,001
  • Mar 17, 2010 10:22am Mar 17, 2010 10:22am
Quoting UgoPips
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!!!
Just noticed...they made me a real member...so I won't be delayed anymore!!
  • #33,002
  • Mar 17, 2010 10:22am Mar 17, 2010 10:22am
A new range bottom perhaps? 5300
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Ghost Rider - WWTBMD?
  • #33,003
  • Mar 17, 2010 10:24am Mar 17, 2010 10:24am
Hi Eo...nice stuff this am...just caught up!
  • #33,004
  • Mar 17, 2010 10:27am Mar 17, 2010 10:27am
Flag? Or its too long to be a flag anymore?
Channel down?
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  • #33,005
  • Mar 17, 2010 10:27am Mar 17, 2010 10:27am
Quoting UgoPips
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?
Keep your SL above the red descending trendline I posted earlier. Book yourself some pippers and follow the move down. Remember the areas I mentioned where buyers would be sitting. For now, keep your SL moving with your position.
Just digging in the trenches like everyone else!
  • #33,006
  • Mar 17, 2010 10:28am Mar 17, 2010 10:28am
Quoting Komissar
Flag? Or its too long to be a flag anymore?
Channel down?
Descending channel Komissar!
Just digging in the trenches like everyone else!
  • #33,007
  • Mar 17, 2010 10:29am Mar 17, 2010 10:29am
Quoting eohater
Keep your SL above the red descending trendline I posted earlier. Book yourself some pippers and follow the move down. Remember the areas I mentioned where buyers would be sitting. For now, keep your SL moving with your position.
OK...thanks!!!
  • #33,008
  • Mar 17, 2010 10:30am Mar 17, 2010 10:30am
If anyone took the breakout trade south around 5315, you should have some pippers booked and your SL should get moved to BE. Let's see a deeper price!
Just digging in the trenches like everyone else!
  • #33,009
  • Mar 17, 2010 10:35am Mar 17, 2010 10:35am
526x is a good TP area along with 521x. Watch your PA for a reversal in the lower 521x area.
Just digging in the trenches like everyone else!
  • #33,010
  • Mar 17, 2010 10:37am Mar 17, 2010 10:37am
I hope everyone enjoyed the easy pippers today! I'm out of here for now.

Trade well!
EO
Just digging in the trenches like everyone else!
  • #33,011
  • Mar 17, 2010 10:40am Mar 17, 2010 10:40am
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.




Me too, and I love it when all 3 ladies go down at the same time!
  • #33,012
  • Mar 17, 2010 10:40am Mar 17, 2010 10:40am
How quick do you move your BE?

I took two shorts. One that then retracted to the 10 and then I got in again at the 10.

I have taken 50% profit on both and move SL to better than BE. BUt I am just wondering when its ideal to move and then how often.

Is it wise to leave at BE so that a retrace doesnt kill a closer SL so that you have made 50%

Or

Should you follow it down with moving SL's?

Lee
  • #33,013
  • Mar 17, 2010 11:25am Mar 17, 2010 11:25am
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 EO, I always keep an eye on this thread, but sadly, dont contribute too much. Thats not because I dont want to, but I still consider myself a noob in this game, and I always follow the principle of "keep your mouth shut unless you got something really important to say". I want to thank you for your contributions so far, and it would be great if you keep popping back into this thread frequently. There's always something to learn from your posts.
Cheers,
KC
  • #33,014
  • Mar 17, 2010 11:29am Mar 17, 2010 11:29am
"I always follow the principle of "keep your mouth shut unless you got something really important to say."

Me too, kc.
  • #33,015
  • Mar 17, 2010 11:36am Mar 17, 2010 11:36am
If, and I am not saying it will, this candle closed as a hammer just below the 200ma, could this be considered a strong reversal or does the fact that it closed below the 200ma mean that its likely to drop?

Regards

Lee
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  • #33,016
  • Mar 17, 2010 11:44am Mar 17, 2010 11:44am
Quoting mary4x
"I always follow the principle of "keep your mouth shut unless you got something really important to say."

Me too, kc.
Hello Mary!!
Please ask questions and share your experiences with us all!
  • #33,017
  • Mar 17, 2010 11:51am Mar 17, 2010 11:51am
Quoting leemonk
If, and I am not saying it will, this candle closed as a hammer just below the 200ma, could this be considered a strong reversal or does the fact that it closed below the 200ma mean that its likely to drop?

Regards

Lee
I would be cautious here because it also just closed below the low of today!
Please ask questions and share your experiences with us all!
  • #33,018
  • Mar 17, 2010 12:03pm Mar 17, 2010 12:03pm
'Morning bkg and all. (It's 10:02 a.m. here in sunny San Diego.)
  • #33,019
  • Mar 17, 2010 1:24pm Mar 17, 2010 1:24pm
Anyone still around?

I am looking for the following action to take place:

GU = Some 35 Xover action.
EJ = DBLHC (thought it doesnt look like it will close higher)
EU = Some 35 Xover action.

Anyone in agreement or disagree's?

Lee




*EDIT* Ha.... I think they all heard me and all three of them pulled back to ensure they didnt do what I thought they would.
  • #33,020
  • Mar 17, 2010 1:29pm Mar 17, 2010 1:29pm
Quoting leemonk
Anyone still around?

I am looking for the following action to take place:

GU = Some 35 Xover action.
EJ = DBLHC (thought it doesnt look like it will close higher)
EU = Some 35 Xover action.

Anyone in agreement or disagree's?

Lee
It is possible we just have to wait and see, be patient my brother
Please ask questions and share your experiences with us all!
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