Trade what you see NOT what you expect | Page 1666 | Forex Factory

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Trade what you see NOT what you expect

  • #33,301
  • Mar 26, 2010 10:17am Mar 26, 2010 10:17am
I'm short at 4903 now.
  • #33,302
  • Mar 26, 2010 10:59am Mar 26, 2010 10:59am
Good Morning EO and All,

I have a question about the famous one pip.

When do you consider a range broken? Very often price closes by the pip on the range boundaries. Sometimes coming out of the range and sometimes on the way back inside the range.

Is the range considered broken on one hand and price back into the range on the other hand?

The same happens with PA lines - like a close at the end of the wick of a candle.

tdeu
  • #33,303
  • Mar 26, 2010 5:50pm Mar 26, 2010 5:50pm
Quoting PippiNole
Something to think about for The Mistress for next week. This is my daily chart.

Attachment
I hope some of you made note of this chart and were able to bank some green pippage this week!
  • #33,304
  • Mar 26, 2010 7:53pm Mar 26, 2010 7:53pm
Hey Pippi,

I am sorry to say that I don't trade that pair so I missed it.

May I ask why you beleived it was going to do what it did?

Regards

Lee
  • #33,305
  • Mar 26, 2010 9:30pm Mar 26, 2010 9:30pm
Quoting leemonk
Hey Pippi,

I am sorry to say that I don't trade that pair so I missed it.

May I ask why you beleived it was going to do what it did?

Regards

Lee
Because the force is strong in me!
  • #33,306
  • Mar 27, 2010 8:25am Mar 27, 2010 8:25am
Quoting PippiNole
Because the force is strong in me!
Just take your prune juice, then the force will subside and you'll feel better.
Hi, my name is Barry and you can keep your doctor...
  • #33,307
  • Mar 27, 2010 1:09pm Mar 27, 2010 1:09pm
A thought for the upcoming week on The Temptress based on the daily chart. We had support in the 344x area broken this week and it looks like we are almost at a retest of that area. PA may show a short possibilty in the 344x-5x area which would also keep us below the descending TL. As always let PA show the way!


Attached Image (click to enlarge)
Click to Enlarge Name: EU daily.jpg Size: 100 KB
  • #33,308
  • Mar 27, 2010 1:21pm Mar 27, 2010 1:21pm
Quoting cisco
Just take your prune juice, then the force will subside and you'll feel better.
Will prune juice counteract my vitamin V?
  • #33,309
  • Mar 27, 2010 5:07pm Mar 27, 2010 5:07pm
Quoting PippiNole
Will prune juice counteract my vitamin V?
I heard that all Cisco's trading $ were going to truck loads of Vitamin V so he just bought the recipe and set up a little manufacturing operation in Mrs. Robinson's basement!
Cap
  • #33,310
  • Mar 28, 2010 6:19am Mar 28, 2010 6:19am
Quoting PippiNole
Because the force is strong in me!


This may have had something to do with my thought process!

http://www.babypips.com/forexpedia/I..._and_Shoulders
  • #33,311
  • Mar 28, 2010 10:26am Mar 28, 2010 10:26am
Quoting PippiNole
This may have had something to do with my thought process!

http://www.babypips.com/forexpedia/I..._and_Shoulders

Good spot Sir!

I am suitably ashamed that I missed that one, especially given the bloody ZigZag you had drawn
  • #33,312
  • Mar 28, 2010 10:29am Mar 28, 2010 10:29am
EO or anyone else for that matter.

Can I please check that I have the MA's correctly setup.

I am toying with a single chart with the MA's tailored to appear in the relveant timescale tabs, but I noticed the descriptions of the MA's in the PDF attachment are conflicting.

My confusion comes mainly in relation to the 5 & 10 MA.

One page states that they are of a certain type (EMA or SMA) however, when you then look at the third page (the one that gives the colours) the E's and S's switch about a little.

Can someone please shed some light on this for me.

Regards

Lee


ps..... Is there a way for me to reverse engineer (wrong term, but you'll get my drift) my gains to establish how many pips I made?

On friday I made 22% on my account balance (demo) and was staking 0.5 per trade. I started with something like £2800 and ended around £3500 something. However, I dont know how many pips that was.
  • #33,313
  • Mar 28, 2010 10:45am Mar 28, 2010 10:45am
Quoting PippiNole
Will prune juice counteract my vitamin V?
I don't really know. I've never seen the need for Vitamin V so I'm not sure if they'd interact except you may need to step away from your lovemaking if the prune juice kicked in.

How embarrassing would that be?
Hi, my name is Barry and you can keep your doctor...
  • #33,314
  • Mar 28, 2010 10:49am Mar 28, 2010 10:49am
Quoting The Captain
I heard that all Cisco's trading $ were going to truck loads of Vitamin V so he just bought the recipe and set up a little manufacturing operation in Mrs. Robinson's basement!
If you'd ever experience a woman like Mrs. R you'd understand that Vitamin V isn't needed. I believe she could get a corpse to come to attention!
Hi, my name is Barry and you can keep your doctor...
  • #33,315
  • Mar 29, 2010 4:04am Mar 29, 2010 4:04am
Quoting PippiNole
I hope some of you made note of this chart and were able to bank some green pippage this week!
PippiNole,

Based on the rules of the H&S. Are you targeting a 550(ish) pip move?

I know you will follow PA, but is this where you think it might go?

It looks as though it might bring us to a meeting point of the 4hr 200sma

Regards

Lee
  • #33,316
  • Mar 29, 2010 4:40am Mar 29, 2010 4:40am
Hey,

Could this also be considered a H&S? or am I pushing the limits to far?

The upper, downwards trendline forms the neckline.

Lee

**EDIT**

I have written the text for the left (looking at the chart) shoulder in the wrong position. But I think you'll understand.
Attached Image (click to enlarge)
Click to Enlarge Name: example.jpg Size: 70 KB
  • #33,317
  • Mar 29, 2010 4:47am Mar 29, 2010 4:47am
The above H&S (if it is one) seems to be also supported by another on the 4hr.

Though, I am unsure of the right shoulder placement.

Any thoughts anyone?

Lee
Attached Image (click to enlarge)
Click to Enlarge Name: example.jpg Size: 82 KB
  • #33,318
  • Mar 29, 2010 5:19am Mar 29, 2010 5:19am
Been doing a little homework and I have to offer my apologies.

It seems the charts I have posted, even if they can be considered H&S are certainly poor examples.

I'll leave them up unless EO wants them removed.

Lee
  • #33,319
  • Mar 30, 2010 4:33am Mar 30, 2010 4:33am
Quoting leemonk
Been doing a little homework and I have to offer my apologies.

It seems the charts I have posted, even if they can be considered H&S are certainly poor examples.

I'll leave them up unless EO wants them removed.

Lee
No apology needed Lee, all learning is good. We can learn just as much from "poor" examples
" When the ship starts to sink, don't just pray. JUMP "
  • #33,320
  • Mar 30, 2010 9:48am Mar 30, 2010 9:48am
Hi all - v quiet here recently - hope all are well
Sleeping boys catch no fish
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