Trade what you see NOT what you expect | Page 1697 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

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

How do you see trading - Do you see it as a means to an end? 12 replies

how long do you expect to trade? 10 replies

Trade What You See And Not What You Hope 0 replies

Attachments: Trade what you see NOT what you expect
Exit Attachments

Trade what you see NOT what you expect

  • #33,921
  • Mar 24, 2011 12:08pm Mar 24, 2011 12:08pm
Quoting The Captain
....... Remember, nobody has anything to prove to each other, or any reputation to uphold. .....
So I encourage everyone to not be afraid to post trades as they are happening, as the learning potential is far greater!
You R The MAN !!!
  • #33,922
  • Mar 24, 2011 12:35pm Mar 24, 2011 12:35pm
Quoting The Captain
Thanks....
Definitely Agree with you there buddy! Excellent Post!

Here is a GU long I am in currently. Pin off support and round number.

http://img156.imageshack.us/img156/1564/gulong1.gif
  • #33,923
  • Mar 24, 2011 12:42pm Mar 24, 2011 12:42pm
Quoting Ahsanfx
Definitely Agree with you there buddy! Excellent Post!

Here is a GU long I am in currently. Pin off support and round number.

http://img156.imageshack.us/img156/1564/gulong1.gif
+10 and I am out. +30 pips for the day is enough for me. I hope you all have a wonderful trading day! Goodluck and happy Pipping!
  • #33,924
  • Mar 24, 2011 3:29pm Mar 24, 2011 3:29pm
Quoting Turtle
Good numbers BKG, especially that long from 6180 area, got a 4hr 100SMA sitting at around 6190ish area. Would be first touch since last Friday, let's see how she rolls.....

HOLLA

Didn't take that trade, woke up around 6am this morning and saw it sitting a bit under that 4hr 100sma, but had to leave for school. So I passed.

Guess it wasn't supposed to be. Oh well, like EO saids, there will be another bus coming.

Let's see what Friday brings....always seems to be a wild one on Friday's.

HOLLA
  • #33,925
  • Mar 24, 2011 3:45pm Mar 24, 2011 3:45pm
Could someone please give me a quick refresher on posting charts....it's been AWHILE!!!

HOLLA
  • #33,926
  • Mar 24, 2011 4:03pm Mar 24, 2011 4:03pm
Quoting Turtle
Could someone please give me a quick refresher on posting charts....it's been AWHILE!!!

HOLLA
...and while you're at it, could someone please refresh my old, tired gray matter on how to give vouches. I've been trying for months to give a couple of vouches and I'm just not smart enough to remember how.
Hi, my name is Barry and you can keep your doctor...
  • #33,927
  • Mar 24, 2011 4:27pm Mar 24, 2011 4:27pm
Quoting cisco
...and while you're at it, could someone please refresh my old, tired gray matter on how to give vouches. I've been trying for months to give a couple of vouches and I'm just not smart enough to remember how.
Click their name......

Click Vouch for________

Your Done.....

HOLLA
  • #33,928
  • Mar 24, 2011 4:38pm Mar 24, 2011 4:38pm
Quoting Turtle
Click their name......

Click Vouch for________

Your Done.....

HOLLA
Hi Turtle, how's it hangin' bro?

I can't get the "vouch for" to come up. I've done it many times in the past but I now seem to have lost my ability to vouch. Maybe I've been banned and nobody told me.
Hi, my name is Barry and you can keep your doctor...
  • #33,929
  • Mar 24, 2011 4:39pm Mar 24, 2011 4:39pm
Okay, brother is looking forward to a good night sleep. It's been's a long week.

See chart below.........lots of traffic down low. So I'm going to be back around 0500est and see what the 4hr setup shows.

Would love to see a close above that 4HR 100 SMA (green line). Now that could be a nice long on a Friday.

Let's see what happens......

HOLLA
Attached Image
  • #33,930
  • Mar 24, 2011 4:43pm Mar 24, 2011 4:43pm
Quoting cisco
Hi Turtle, how's it hangin' bro?

I can't get the "vouch for" to come up. I've done it many times in the past but I now seem to have lost my ability to vouch. Maybe I've been banned and nobody told me.

Man, your crazy ass....what's up bro????

Well at least you can get in the thread and post.

Going to school, April/May are coming up, lots of studying. Getting things straight so I can trade 4HR charts. That's about all a brother got time for. :nerd:

How you been doing???

HOLLA
  • #33,931
  • Mar 24, 2011 5:44pm Mar 24, 2011 5:44pm
Quoting Turtle

How you been doing???

HOLLA
Well...I hate these adult diapers I wear, my drooling is out of control, my hemorrhoids are on fire, my pants are torn, my tits are sore and...oh yeah, this Alzheimer's thing is a bitch. Other than that I'm doing ok.
Hi, my name is Barry and you can keep your doctor...
  • #33,932
  • Mar 24, 2011 5:48pm Mar 24, 2011 5:48pm
Quoting cisco
Well...I hate these adult diapers I wear, my drooling is out of control, my hemorrhoids are on fire, my pants are torn, my tits are sore and...oh yeah, this Alzheimer's thing is a bitch. Other than that I'm doing ok.
I'm sure Mrs. R is ok with a little extra drool! How is she doing anyway?
Cap
  • #33,933
  • Mar 24, 2011 6:16pm Mar 24, 2011 6:16pm
Quoting The Captain
I'm sure Mrs. R is ok with a little extra drool! How is she doing anyway?
To my great consternation, Mr. and Mrs. R have relocated to another state. Broke my heart...she only lived a few doors down.

On the brighter side, I'm holding auditions for her replacement (as if that were possible). I'm slowly whittling the field down to the top 10. I'll probably make a decision around Memorial Day if all goes well. I'm slowing down and I'm only able to try 2-3 a day. No sense in rushing anyway, it's an important decision!
Hi, my name is Barry and you can keep your doctor...
  • #33,934
  • Edited 7:38pm Mar 24, 2011 7:12pm | Edited 7:38pm
Quoting cisco
To my great consternation, Mr. and Mrs. R have relocated to another state. Broke my heart...she only lived a few doors down.

On the brighter side, I'm holding auditions for her replacement (as if that were possible). I'm slowly whittling the field down to the top 10. I'll probably make a decision around Memorial Day if all goes well. I'm slowing down and I'm only able to try 2-3 a day. No sense in rushing anyway, it's an important decision!
So is Vitamin V covered under ObamaCare?

Here is a long Temptress trade I just entered. We got a nice DBLHCish candle that closed through the m15 50's. I then waited for a pullback into the 50's where I pulled the trigger at 4166 This small pullback into the 50's happens often, and allows me to use a very tight stop right below the 50's (9 pips in this case). I'm targeting 4200.

Edit: My charts looks different than most as I do not use the smaller MA's. EO has given us the tools and we need to find what works for us. The MA's I use are 50SMA 50EMA, 200SMA 200EMA, and 365SMA 365 EMA on every chart, and then the 1 hour 62EMA.
Attached Image (click to enlarge)
Click to Enlarge Name: eu.png Size: 36 KB
Cap
  • #33,935
  • Mar 24, 2011 7:44pm Mar 24, 2011 7:44pm
Quoting The Captain
So is Vitamin V covered under ObamaCare?

Here is a long Temptress trade I just entered. We got a nice DBLHCish candle that closed through the m15 50's. I then waited for a pullback into the 50's where I pulled the trigger at 4166 This small pullback into the 50's happens often, and allows me to use a very tight stop right below the 50's (9 pips in this case). I'm targeting 4200.

Edit: My charts looks different than most as I do not use the smaller MA's. EO has given us the tools and we need to find what works for us. The MA's I use are...

I also like the setup too but 35sma is very close by and acting as a resistance there so I decided to wait
THE DIFFERENCE BETWEEN GOOD AND EXCELLENT IS ATTENTION TO DETAILS.
  • #33,936
  • Mar 24, 2011 8:04pm Mar 24, 2011 8:04pm
Quoting ejiexe
I also like the setup too but 35sma is very close by and acting as a resistance there so I decided to wait
Price is also below 10ma on 1hr combined with the candle pattern on 1hr. Price also failed to break 35sma on m15 at the close of 1hr so I short at 1.4175 and sl is1.4184.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu.gif Size: 15 KB
Click to Enlarge Name: eu2.gif Size: 18 KB
THE DIFFERENCE BETWEEN GOOD AND EXCELLENT IS ATTENTION TO DETAILS.
  • #33,937
  • Mar 24, 2011 8:16pm Mar 24, 2011 8:16pm
Quoting ejiexe
Price is also below 10ma on 1hr combined with the candle pattern on 1hr. Price also failed to break 35sma on m15 at the close of 1hr so I short at 1.4175 and sl is1.4184.
Ok, be careful though, Euro is very bullish as of late and I'd be careful shorting here. We don't have any confirmed PA for a short yet.
Cap
  • #33,938
  • Mar 25, 2011 3:06am Mar 25, 2011 3:06am
Just a heads up for an area I'm watching on GU.

In a downtrend on higher TFs. The blue line is at the 50 fib, some nice ppa and two pivots in that area. That's what i'm usually looking for, ppa as a driver but additional reasons to enter.

Entry would be at or around the blue line and against the current momentum. I often watch price action on M1 though and sometimes like to forgive a few pips in favour of some indication on M1 that it's stalling or turning.

These trades often start out as scalps, anticipating the bounce and I let the way price moves off the lvel determine whether i'll hold for longer or not or maybe take half and wait and see on the rest.

Obviously price may not even make it up there but just an example of how I trade.
Attached Image (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 141 KB
  • #33,939
  • Mar 25, 2011 3:07am Mar 25, 2011 3:07am
Is this a good 35/50 cross close flat at the top of the range and PPA? entry is at 1.6128 with 35 pips as usual

Edit: close part @ 20pips and move to cost
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 17 KB
THE DIFFERENCE BETWEEN GOOD AND EXCELLENT IS ATTENTION TO DETAILS.
  • #33,940
  • Mar 25, 2011 3:22am Mar 25, 2011 3:22am
Another 35/50 cross there. All these PA are happening at 50ma on daily which is acting as S/R
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.gif Size: 21 KB
THE DIFFERENCE BETWEEN GOOD AND EXCELLENT IS ATTENTION TO DETAILS.
6 traders viewing now