Trade what you see NOT what you expect | Page 1727 | Forex Factory

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Trade what you see NOT what you expect

  • #34,521
  • Nov 9, 2011 8:42pm Nov 9, 2011 8:42pm
Hello Ladies and Gents! How is everyone doing?
  • #34,522
  • Nov 11, 2011 8:01am Nov 11, 2011 8:01am
this place has been dead ? where are all the pioneers ? eohater ?
  • #34,523
  • Nov 11, 2011 8:35am Nov 11, 2011 8:35am
I am still around but trading a little different system. I hope everyone is doing well and I hope you have a great holiday season!
Please ask questions and share your experiences with us all!
  • #34,524
  • Nov 15, 2011 1:20am Nov 15, 2011 1:20am
Does anyone still trade those setups or have you all moved on?
  • #34,525
  • Nov 15, 2011 2:34am Nov 15, 2011 2:34am
Quoting 1pipperhour
Does anyone still trade those setups or have you all moved on?
Read the thread and not just the PDF and you'll find a whole world of great trading setups. A great number of these are just price action setups based on tried and tested methodologies and will always work if you learn to trade them in the right areas.

Some of the other setups such as 35/50 cross and reverse and 62ema touch trades may need more testing from you to see if they are still effective.

I certainly still use many principles that I learnt in this thread in my trading
  • #34,526
  • Nov 15, 2011 7:33am Nov 15, 2011 7:33am
Quoting Trotty
Read the thread and not just the PDF and you'll find a whole world of great trading setups. A great number of these are just price action setups based on tried and tested methodologies and will always work if you learn to trade them in the right areas.

Some of the other setups such as 35/50 cross and reverse and 62ema touch trades may need more testing from you to see if they are still effective.

I certainly still use many principles that I learnt in this thread in my trading
Thanks. I've read it a bit but was just wondering if anyone is still purely using eohaters setups as thread seems to be dead.

There is something in here that coincides with my trading also.
  • #34,527
  • Nov 15, 2011 8:05am Nov 15, 2011 8:05am
Quoting 1pipperhour
Thanks. I've read it a bit but was just wondering if anyone is still purely using eohaters setups as thread seems to be dead.

There is something in here that coincides with my trading also.
I think most traders find they're own way eventually. Either a combination of things they've picked up from all over the place or their own totally unique approach. I don't there are many people trading purely EO's way any longer but I reckon very many are still using his setups in their trading.
  • #34,528
  • Nov 17, 2011 2:10pm Nov 17, 2011 2:10pm
Someone a little further back asked if EOhater's setups still work. Judge for yourself on these charts over the last day or so. The orange ma is the 200sma which EOhater has on every chart and the red dotted line is the 15min equivalent of the 1hr 62ma. Take the trend from the higher timeframes and wait for the bounce I wonder how many pips pippinole got out of these.
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  • #34,529
  • Nov 18, 2011 1:05am Nov 18, 2011 1:05am
Quoting ohammond
the red dotted line is the 15min equivalent of the 1hr 62ma.
Thanks. What is the value of that MA?
  • #34,530
  • Nov 18, 2011 1:11am Nov 18, 2011 1:11am
Quoting 1pipperhour
Thanks. What is the value of that MA?
Its the 248 ema on the 15m.
  • #34,531
  • Nov 20, 2011 11:03am Nov 20, 2011 11:03am
Quoting ohammond
Someone a little further back asked if EOhater's setups still work. Judge for yourself on these charts over the last day or so. The orange ma is the 200sma which EOhater has on every chart and the red dotted line is the 15min equivalent of the 1hr 62ma. Take the trend from the higher timeframes and wait for the bounce I wonder how many pips pippinole got out of these.
I believe I made a pip or 2 but only in demo of course!
  • #34,532
  • Nov 20, 2011 11:19am Nov 20, 2011 11:19am
Quoting PippiNole
I believe I made a pip or 2 but only in demo of course!
Haha! Add a couple more zeros to the pip or 2, and that's what PippiNole made.
  • #34,533
  • Nov 22, 2011 3:28am Nov 22, 2011 3:28am
have read about this legendary thread being mentioned in various other threads. will try this out in demo once i fully understand this.
  • #34,534
  • Nov 22, 2011 3:49am Nov 22, 2011 3:49am
Quoting markgrejaldo
have read about this legendary thread being mentioned in various other threads. will try this out in demo once i fully understand this.
That could take you about half a decade.

The best advice is to be found repeated throughout the thread. Find one setup that you like, that you get, that you can see easily. Practice that one setup and learn all the nuances that it holds. You need to understand when best to use it and best to be very cautious. That might take you a year in itself, depending on how much time you have on your hands. Only then should you think about adding another and then another.

I promise you, this will lead to a faster and less frsutrating track to success than trying to learn it all. I know it sounds weird but learning less will bring bigger profits sooner (or just profits sooner, rather than losses).

You'll find the same advice throughout the thread. Good luck.
  • #34,535
  • Nov 22, 2011 6:59am Nov 22, 2011 6:59am
Quoting Trotty
That could take you about half a decade.

The best advice is to be found repeated throughout the thread. Find one setup that you like, that you get, that you can see easily. Practice that one setup and learn all the nuances that it holds. You need to understand when best to use it and best to be very cautious. That might take you a year in itself, depending on how much time you have on your hands. Only then should you think about adding another and then another.

I promise you, this will lead to a faster and less frsutrating track to success than...
aaah, yes, i see where you are coming from. even learning is to be compounded. lol.

i would have liked it more if this thread were as alive as it once was, but i figure i have everything that i need here. discussions they were in the past, but i think they will still hold today.

thanks for the kind advice, trotty. i really really appreciate it.
  • #34,536
  • Nov 23, 2011 1:42am Nov 23, 2011 1:42am
Quoting markgrejaldo
aaah, yes, i see where you are coming from. even learning is to be compounded. lol.

i would have liked it more if this thread were as alive as it once was, but i figure i have everything that i need here. discussions they were in the past, but i think they will still hold today.

thanks for the kind advice, trotty. i really really appreciate it.
No problem mate. I found this thread when it wa starting to dwindle as well but as you rightly say, everything you need is here.

Get your hands on some historic chart data (your platform may go back far enough already) and have the right day's historic data available when reading through the thread. This helps enormously as it enables you to see what they were looking at when discussing setups, entries and exits. It will make it more "live" than just reading through it.
  • #34,537
  • Nov 23, 2011 2:38am Nov 23, 2011 2:38am
Quoting Trotty
No problem mate. I found this thread when it wa starting to dwindle as well but as you rightly say, everything you need is here.

Get your hands on some historic chart data (your platform may go back far enough already) and have the right day's historic data available when reading through the thread. This helps enormously as it enables you to see what they were looking at when discussing setups, entries and exits. It will make it more "live" than just reading through it.
All righty, i'll do that.

i'm currently scalping using TWYS in my live oanda account. i started last night, my account is now up around 1.6% for around 4-5 hours worth of work. but i find i'm nervous when i open a trade since i'm not that confident with this system yet, and i end up pulling the trigger too soon. giving myself a quick +3 profit more or less (i could have had more), sometimes also 3 or more pip loss.

i have also chosen supply and demand trading to come along with this. i hope this may also help me out in my decisions.

thank you for the tips, trotty. happy trading to you today
  • #34,538
  • Nov 23, 2011 2:55am Nov 23, 2011 2:55am
Quoting markgrejaldo
All righty, i'll do that.

i'm currently scalping using TWYS in my live oanda account. i started last night, my account is now up around 1.6% for around 4-5 hours worth of work. but i find i'm nervous when i open a trade since i'm not that confident with this system yet, and i end up pulling the trigger too soon. giving myself a quick +3 profit more or less (i could have had more), sometimes also 3 or more pip loss.

i have also chosen supply and demand trading to come along with this. i hope this may also help me out in my decisions.

thank you...
Thanks man, you too.

BTW, I can totally sympathise with the feeling of nerves when you are opening new trades up. I had that all the time during the early days but you have pinpointed the exact reason for them already. It's that lack of comfort in the overall positive expectancy of your trading approach that makes you always question whether you've done the right thing and whether you stand a better than average chance of it winning out.

You'll get past that, everyone does at some point if they start performing well but you must keep your risk very low in the meantime until you are opening positions with total calmness. Only then should you think about upping your risk.

Good luck and enjoy the thread, there is gold in them 2000 odd pages
  • #34,539
  • Nov 23, 2011 3:21pm Nov 23, 2011 3:21pm
Quoting PippiNole
I believe I made a pip or 2 but only in demo of course!
Of course!
Hi, my name is Barry and you can keep your doctor...
  • #34,540
  • Nov 23, 2011 11:08pm Nov 23, 2011 11:08pm
I hear ya screamin.....

HOLLA


Quoting PippiNole
I believe I made a pip or 2 but only in demo of course!
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