Trade what you see NOT what you expect | Page 1679 | Forex Factory

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Trade what you see NOT what you expect

  • #33,561
  • Edited 12:21pm May 28, 2010 12:08pm | Edited 12:21pm
Quoting leemonk
I missed it but it was an impressive move.

I think the baby was crying at the time!

How goes it Turtle?

Going good bro, back in school for the summer.

Great timing on that downgrade of Spain from Fitch. YOU GOTTA BE KIDDING ME....on a Friday afternoon before a 3 day weekend.

I know one thing for sure, will be looking for a re-entry next week. Time to party!!

HOLLA
  • #33,562
  • May 30, 2010 11:20am May 30, 2010 11:20am
All that glitters is not gold!! Well this past week was not good for the 35/35 trade. I lost about 60 but I will get'em back this week. I hope you guys and gals are doing well and trading great!!
Please ask questions and share your experiences with us all!
  • #33,563
  • May 30, 2010 6:28pm May 30, 2010 6:28pm
Quoting ejiexe
35 + 35 Trade
There were two 35+35 trade on GU on the 11/05/2010 at 12:30 GMT(Short) and 16:45 GMT (Long). I decided to take it the way bkg102665 usually take it. i.e 50 pips TP (if there are no major MA or S/R on the way before the 50 pips tp is reached) and 30 sl. The short entry did'nt work out. Though the support was at 1.4708 and my TP was at 1.4712 which is above the support. The price turned about 1.4719 (7pips) to TP and went to hit my sl while the long entry hit the 50 pips tp. Though, I was on the system but I decided not...
That is exactly the way I traded it and after those two trades you would have been +20 for the day.That is not great but it is positive and I can not sit and watch the computer anymore. I do believe my trading has gotten better since I have become more familiar where price is in relation to the 35ma. I hope all is going well for you!!
Please ask questions and share your experiences with us all!
  • #33,564
  • Jun 1, 2010 4:12pm Jun 1, 2010 4:12pm
Quoting bkg102665
All that glitters is not gold!! Well this past week was not good for the 35/35 trade. I lost about 60 but I will get'em back this week. I hope you guys and gals are doing well and trading great!!
That's the way of the markets - nothing is a given!

But you have your edge and the right mindset to take the loss and as EO says 'next setup....'

Reclaim the 60 and bag some more
It's a dirty job but someone's gotta do it!
  • #33,565
  • Jun 3, 2010 4:09pm Jun 3, 2010 4:09pm
Quoting bkg102665
That is exactly the way I traded it and after those two trades you would have been +20 for the day.That is not great but it is positive and I can not sit and watch the computer anymore. I do believe my trading has gotten better since I have become more familiar where price is in relation to the 35ma. I hope all is going well for you!!
Thanks for the insight. Things has really improved well for me. Though, this week is not too good as so much of ups and down.

But overall the 35+35 is good. Price revolves round it.

How is the 35+35 indicator? Have you findout how it can send text to ur mobile phone when there 35 cross?
THE DIFFERENCE BETWEEN GOOD AND EXCELLENT IS ATTENTION TO DETAILS.
  • #33,566
  • Jun 6, 2010 3:32pm Jun 6, 2010 3:32pm
Not too much to report, the euro got a b/o of the daily and 4hr descending triangle and finally got a close below that 50 fib support and stopped dead on the month chart 200sma. Some s/r just below then open field to the 61.8 fib. If it does retrace that b/o area is obvious point of interest.

Seems some sort of bank intervention is inevitable, making for an interesting summer. Hope everyone is doing well.
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  • #33,567
  • Jun 8, 2010 8:07am Jun 8, 2010 8:07am
This 15m chart left nice pa 35 50 ma's of the 1hr tl.The 1hr just closed under the tl stopped on my days open. Ive taken some off and leaving it a freetrade see what happens?
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  • #33,568
  • Jun 8, 2010 9:51pm Jun 8, 2010 9:51pm
hey .. where's eo? & the rest of the gang?
Thank You
  • #33,569
  • Jun 9, 2010 2:58am Jun 9, 2010 2:58am
Quoting wormboy
hey .. where's eo? & the rest of the gang?
well, i'm afraid this thread is pretty much dead. unfortunately.
  • #33,570
  • Jun 9, 2010 3:37pm Jun 9, 2010 3:37pm
Quoting AnonYmos
well, i'm afraid this thread is pretty much dead. unfortunately.
I am just practicing this

Wow, hope someone will be back here
  • #33,571
  • Jun 9, 2010 7:12pm Jun 9, 2010 7:12pm
Quoting wormboy
hey .. where's eo? & the rest of the gang?

Word has it that Cisco grabbed um on some sort of north american pubcrawl in the magic bus with a shangri-la rear license plate. According to Dog the bounty hunter the bus has been parked illegally in front of Adelita's down in TJ for the last 72hrs probably never leave if Cisco has his way. LOL!!!!

Lookin for this to touch the 200 and overhead resistance, supports holding atm. This could also build a right shoulder.
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  • #33,572
  • Jun 10, 2010 8:15pm Jun 10, 2010 8:15pm
Hey guys and gals, short at 1.4720 touch of 200ma on the 4hr and I have a s/r line at 1.47230 so let's see what happens here.S/L at 1.4775 and t/p at 1.4610 based off 1hr chart. The 35/35 has worked well for me this week but had to try this 200ma touch.I hope eveyone is well and trading great!!
Please ask questions and share your experiences with us all!
  • #33,573
  • Jun 10, 2010 8:18pm Jun 10, 2010 8:18pm
Quoting AnonYmos
well, i'm afraid this thread is pretty much dead. unfortunately.
This thread will never die.We have to learn to trade our way based off what others have showed us. Thanks EO and everyone for all your help and support!!
Please ask questions and share your experiences with us all!
  • #33,574
  • Jun 11, 2010 2:17am Jun 11, 2010 2:17am
Quoting bkg102665
Hey guys and gals, short at 1.4720 touch of 200ma on the 4hr and I have a s/r line at 1.47230 so let's see what happens here.S/L at 1.4775 and t/p at 1.4610 based off 1hr chart. The 35/35 has worked well for me this week but had to try this 200ma touch.I hope eveyone is well and trading great!!

Hey

i have been testing your 35+35 indi and i realized that it works much better combined with the " o' clock ". sometimes it goes to touch the 5 or 10 EMA especially when they are about 20-40 pips far from price. So just to tell u how i have been doing lately, as soon as i get the signal from the indi i push the trigger with half position... and put another PO at least halfway between the price close and the EMAs. Then i put a S/L 30 pips away from the average price of my 2 orders and TP 50 pips away from the frst order. It worked well and it allows me to take even more extreme PA without getting my S/L right before going in my favour.

Well... i hope i made myself clear

have good trade guys
I don't want a job, i want money!
  • #33,575
  • Jun 11, 2010 5:55am Jun 11, 2010 5:55am
Quoting dario1002
Hey

i have been testing your 35+35 indi and i realized that it works much better combined with the " o' clock ". sometimes it goes to touch the 5 or 10 EMA especially when they are about 20-40 pips far from price. So just to tell u how i have been doing lately, as soon as i get the signal from the indi i push the trigger with half position... and put another PO at least halfway between the price close and the EMAs. Then i put a S/L 30 pips away from the average price of my 2 orders and TP 50 pips away from the frst order. It worked well and...
Whatever works for you bro, glad to hear it has helped you.Knowing where the 35ma and the 35 pip zone is has helped me alot.I hope everyone has a great weekend.I will be in Grands Rapids Minn. next week so not sure how much trading I will get in but I will be watching!!
Please ask questions and share your experiences with us all!
  • #33,576
  • Jun 11, 2010 7:56am Jun 11, 2010 7:56am
I have a brother in who works in Grand Rapids

I however am about as far as you can get from there and still be in MN.
  • #33,577
  • Jun 11, 2010 8:47am Jun 11, 2010 8:47am
Quoting bkg102665
Hey guys and gals, short at 1.4720 touch of 200ma on the 4hr and I have a s/r line at 1.47230 so let's see what happens here.S/L at 1.4775 and t/p at 1.4610 based off 1hr chart. The 35/35 has worked well for me this week but had to try this 200ma touch.I hope eveyone is well and trading great!!
That trade played out nicely, I set my s/l and t/p before I went to bed lastnight, woke up this morning with some nice pips.
  • #33,578
  • Jun 12, 2010 10:50am Jun 12, 2010 10:50am
Quoting bkg102665
Hey guys and gals, short at 1.4720 touch of 200ma on the 4hr and I have a s/r line at 1.47230 so let's see what happens here.S/L at 1.4775 and t/p at 1.4610 based off 1hr chart. The 35/35 has worked well for me this week but had to try this 200ma touch.I hope eveyone is well and trading great!!
Very nice trade! Goes to show that there is plenty of life in this thread if people are willing to put in the time to read through it and then put in to practice what has already been taught many times over.

Great job bkg!!!!
  • #33,579
  • Jun 14, 2010 4:15pm Jun 14, 2010 4:15pm
Quoting 4fun
Word has it that Cisco grabbed um on some sort of north american pubcrawl in the magic bus with a shangri-la rear license plate. According to Dog the bounty hunter the bus has been parked illegally in front of Adelita's down in TJ for the last 72hrs probably never leave if Cisco has his way. LOL!!!!

That ride looks like it came straight from an old Cheech and Chong movie! Sweeeeeeeeeet!
Hi, my name is Barry and you can keep your doctor...
  • #33,580
  • Jun 17, 2010 12:29pm Jun 17, 2010 12:29pm
great thread !! subscribing to it
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