Trade what you see NOT what you expect | Page 1686 | Forex Factory

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Why did you start trading and what do you expect from it? 19 replies

How soon after you put on a trade do you expect to be "in the money"? 28 replies

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Trade What You See And Not What You Hope 0 replies

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Trade what you see NOT what you expect

  • #33,701
  • Sep 14, 2010 9:03am Sep 14, 2010 9:03am
Hey BKG102665,
I saw that you said you are the mod for a live trading room. Are you still running the room and is it something we can join in on. I would love to be part of a live trading room if you don't mind.
-Sid
  • #33,702
  • Sep 16, 2010 4:34pm Sep 16, 2010 4:34pm
it made me laugh! I have a similar kind of photo and everyone wondered whether she (Sarah) was in the toilet! very funny and cute

cheers

Imran
  • #33,703
  • Sep 22, 2010 12:48pm Sep 22, 2010 12:48pm
It I make anymore pips this month, I'm going to go shopping for real estate on the Forgotten Coast! Any daughters Pippi?
Cap
  • #33,704
  • Oct 4, 2010 12:22pm Oct 4, 2010 12:22pm
Just bringing this thread back up to near the top, its well worth reading from the start and I would hate to see it disappear so newer traders don't get to see it so easily.
  • #33,705
  • Oct 4, 2010 5:56pm Oct 4, 2010 5:56pm
Hi all,

Ya as lucky lady said lets keep this thread alive..the day since I found this thread my trading has improved a lot..let the new people get the advantage as well...if we dun post it will always hide among the numerous threads. If EO is not around thts not a prblm..he has done his part..the rest of the seniors please post some of the trades...cisco,pippinole,captain,mcfly,bkg,4fun,macc,turtle,luckylady,gladis and all others.please
post some f ur trades...and lets have fun here like old time...trading is so boring when done alone..y not hav some chit chat in between
  • #33,706
  • Oct 4, 2010 6:04pm Oct 4, 2010 6:04pm
Took this trade in the early US session...entered at 5860 SL @ 5875 took half out @ 5830 ..closed remaining most of the portion when it came down again to 5820 a small portion still running to 62 ema
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  • #33,707
  • Oct 6, 2010 1:44am Oct 6, 2010 1:44am
Ok I will even be so kind as to give you a trade before hand. People over-complicate this method all of the time. Mostly by spending all day looking at the 15 minute charts.. which don't tell you shit except some entry info. It is stressed time and time again to watch the higher time frames and all the posts I see are people taking entries from a 15 minute. So here is how easy this method really is. No MA's just a naked chart for show.

With this strong of a trend up, it isn't going to reverse on a dime. Will it drop 100+ pips to the lower trendline? I'm not sure, but you can bet I will be on board if it does. These are the kind of trades you'll never catch from just looking at a 15 minute.
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Cap
  • #33,708
  • Oct 6, 2010 2:40am Oct 6, 2010 2:40am
Quoting The Captain
Ok I will even be so kind as to give you a trade before hand....

Very Well Spotted Captain.. i was looking at it as well... but the uptrend is still very strong! i will be looking for short selling with a good PA under 3820, otherwise... will be very careful with shorts.
by the way.. it's a shame that this thread is "dead"... it's been a year now and now i feel i could have started to give some contribution to it.
I don't want a job, i want money!
  • #33,709
  • Oct 6, 2010 2:58am Oct 6, 2010 2:58am
Quoting dario1002
Very Well Spotted Captain.. i was looking at it as well... but the uptrend is still very strong! i will be looking for short selling with a good PA under 3820, otherwise... will be very careful with shorts.
by the way.. it's a shame that this thread is "dead"... it's been a year now and now i feel i could have started to give some contribution to it.
I agree that the trend is your friend.. But who spends 24 hours a day with their friends?

In the meantime here is some trading inspiration.

Inserted Video



In one scene you can see Gladis and myself rocking it on the dance floor.
Cap
  • #33,710
  • Oct 6, 2010 3:11am Oct 6, 2010 3:11am
Quoting The Captain
I agree that the trend is your friend.. But who spends 24 hours a day with their friends?

In the meantime here is some trading inspiration.

http://www.youtube.com/watch?v=SgM3r8xKfGE


In one scene you can see Gladis and myself rocking it on the dance floor.

Depend on who is your friend... with some friends wouldn't mind spend 3 or 4 days in close contact
I don't want a job, i want money!
  • #33,711
  • Oct 6, 2010 3:32am Oct 6, 2010 3:32am
Quoting The Captain
Ok I will even be so kind as to give you a trade before hand....
Hi guys! Nice to see some posts here for sure

Here is my 4h. To me we're still channeling up, resistance at .3840 is also broken atm so see if it will act as support.

Could you explain why you put that tl on daily there? That first touch is what throws me off a bit seeing as its still a downtrend at that point and its a lower high, why would you consider that to be a valid point to draw a tl from?
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  • #33,712
  • Oct 6, 2010 3:49am Oct 6, 2010 3:49am
Quoting Storeball
Hi guys! Nice to see some posts here for sure

Here is my 4h. To me we're still channeling up, resistance at .3840 is also broken atm so see if it will act as support.

Could you explain why you put that tl on daily there? That first touch is what throws me off a bit seeing as its still a downtrend at that point and its a lower high, why would you consider that to be a valid point to draw a tl from?
Just trading what I see.. Sellers were obviously there so I must not have been the only one who had it drawn!
Cap
  • #33,713
  • Oct 6, 2010 3:02pm Oct 6, 2010 3:02pm
wow ..great to see some activity back again in this thread...this week has been gud for me ..met my weekly target of 500 pips by wednesday(i knw its small compared to other great traders here)..as captain said looking at the HTFS is really important .. I didn really went against trend today ..saw that oppurtunity on EU but was secptic because of the strong uptrend..but i caught nice move up form 3825 and closed out for 100 pips ..): Waadda week...thnx EO
  • #33,714
  • Oct 7, 2010 3:16am Oct 7, 2010 3:16am
Quoting dario1002
Depend on who is your friend... with some friends wouldn't mind spend 3 or 4 days in close contact
Very true... But with some you wake up and are glad it was only a 1 night commitment!
Cap
  • #33,715
  • Oct 7, 2010 3:57am Oct 7, 2010 3:57am
Quoting The Captain
Very true... But with some you wake up and are glad it was only a 1 night commitment!

Some other times u wake up and u think u should give up drinking

by the way.. yesterday u posted your view on EU... here is mine (i posted it on Azim's page)

http://www.forexfactory.com/showthre...29#post4079729
I don't want a job, i want money!
  • #33,716
  • Oct 11, 2010 11:05am Oct 11, 2010 11:05am
Quoting fx_magic
Hi all,

Ya as lucky lady said lets keep this thread alive..the day since I found this thread my trading has improved a lot..let the new people get the advantage as well...if we dun post it will always hide among the numerous threads. If EO is not around thts not a prblm..he has done his part..the rest of the seniors please post some of the trades...cisco,pippinole,captain,mcfly,bkg,4fun,macc,turtle,luckylady,gladis and all others.please
post some f ur trades...and lets have fun here like old time...trading is so boring when done alone..y not hav...

Looks like great thread with such helpful members. Am a newbie here. have been trading the dance for sometime now and saw this thread mentioned in there. So just checked in. Read through the documents. While i can understand all other trades, i cant get the "15m-35-50MA spike through". Not to be critical, but just to help newbies like me, I found the description in pdf confusing ( maybe because EOhater CAN just "see" it. He says "The trade was really easy to take"). To make matters worse for me no entry and exit marked in the chart. Sorry about asking questions before reading entire thread. Would be great if someone will be kind enough to explain it. Thanks again for this superb thread- and please ignore if i am being a nuisance or plain stupid. Will certainly read entire thread and figure it out i guess.
Making money is easy- Just dont take losing trades
  • #33,717
  • Oct 11, 2010 11:41am Oct 11, 2010 11:41am
Quoting Survivor
Looks like...

HI survivor... sadly here there aren't many people posting anymore. Anyway.. the 35-50 trade, according to EO's method is rather easy. When price crosses BOTH MA's and close on the other side of the MA's (which means basically... 15m candle open above both ma's and close below both ma's and vice-versa), u take a "counter trade" (if the candle is bullish, u go short - if the candle is bearish, u go long). This kind of trade should be taken with rathr thigh S/L above the max of the candle (if bullish) and vice versa. The TP should be the very closest MA (of course always take partial profit and cover at BE).
The real question in this trade is.... HOW FAR PRICE SHOULD CLOSE ABOVE/BELOW THE MA'S? that is really up to u... the rule of thumb should be that the CLOSE of the price is no less than 15 pips from MA.

Hope it helped.. i am not senior in this thread.. so maybe when the other guys will come they will for sure give u a better explanation

Good luck!
I don't want a job, i want money!
  • #33,718
  • Oct 11, 2010 11:44pm Oct 11, 2010 11:44pm
Its Hourly Chart with 62H EMA white in colour
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Making money is easy- Just dont take losing trades
  • #33,719
  • Edited 1:51am Oct 12, 2010 1:41am | Edited 1:51am
Quoting Survivor
Its Hourly Chart with 62H EMA white in colour
Nice catch man! Notice you also got resistance there which adds confluence. I got in a little later on the 15min 5ema.
  • #33,720
  • Oct 12, 2010 2:43am Oct 12, 2010 2:43am
Hi guys
Looks nice thread , Hope u don't mind to ask
What do u see on E/U ?
Current PA1.3835
I already have a plan but want to know how u guys see this pairs. So let's discuss or view if anyone interested
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