Trade what you see NOT what you expect | Page 1757 | Forex Factory

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Trade what you see NOT what you expect

  • #35,121
  • Mar 23, 2012 6:17am Mar 23, 2012 6:17am
Stopped out on cable -16pips. Difficult day today
There is no top. There are always further heights to reach. Jascha Heifetz
  • #35,122
  • Mar 23, 2012 6:19am Mar 23, 2012 6:19am
Quoting Trotty
Morning Turtle.

As the UK government would say, "we're all in this together"
Morning Trotty

Yes we are in it together.

HOLLA
  • #35,123
  • Mar 23, 2012 6:30am Mar 23, 2012 6:30am
Quoting Turtle
Morning Trotty

Yes we are in it together.

HOLLA
By it, I thnk we mean the shit
  • #35,124
  • Mar 23, 2012 6:32am Mar 23, 2012 6:32am
Quoting Trader131
Stopped out on cable -16pips. Difficult day today

Hard luck bud. I think the markets have been generally difficult this week, lots of parabolic moves and chop, you've done well to have a good week, i'm set for a very average one indeed.
  • #35,125
  • Mar 23, 2012 6:52am Mar 23, 2012 6:52am
Quoting Trotty
Hard luck bud. I think the markets have been generally difficult this week, lots of parabolic moves and chop, you've done well to have a good week, i'm set for a very average one indeed.
I'll second that.....choppy week.

Closed longs, didn't like price action.

HOLLA
  • #35,126
  • Mar 23, 2012 6:53am Mar 23, 2012 6:53am
Quoting Turtle
I'll second that.....choppy week.

Closed longs, didn't like price action.

HOLLA
Mine are done too
  • #35,127
  • Mar 23, 2012 7:05am Mar 23, 2012 7:05am
Yes, not good today. I've still got half a long position on- it turns out bailing at 63 wasn't so bad after all! I may add half back in soon- we're nearly back to where we started this morning without any bull push on the way down. Straight up and straight down. Tough trading conditions
There is no top. There are always further heights to reach. Jascha Heifetz
  • #35,128
  • Mar 23, 2012 7:09am Mar 23, 2012 7:09am
From forexlive: EURUSD

The 159 pip trading range for the week (high reached today) is the 3rd lowest weeks trading range going back to December 2007

Should be busting out like a rocket next week.

HOLLA
  • #35,129
  • Mar 23, 2012 7:16am Mar 23, 2012 7:16am
Quoting Turtle
From forexlive:

The 159 pip trading range for the week (high reached today) is the 3rd lowest weeks trading range going back to December 2007

Should be busting out like a rocket next week.

HOLLA
Interesting, let's hope so. Re-entered at 26 on euro
There is no top. There are always further heights to reach. Jascha Heifetz
  • #35,130
  • Mar 23, 2012 7:23am Mar 23, 2012 7:23am
Quoting Trader131
Interesting, let's hope so. Re-entered at 26 on euro

In at 28.......

It's like we are sitting next to each other....

Better support with 200 4HR and 100 1HR MA, plus some TL's

HOLLA
  • #35,131
  • Mar 23, 2012 7:28am Mar 23, 2012 7:28am
Not taking any chances today, with this price action. Closing half that order at 41 for a 15 pips
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd15min.gif Size: 18 KB
There is no top. There are always further heights to reach. Jascha Heifetz
  • #35,132
  • Mar 23, 2012 7:29am Mar 23, 2012 7:29am
Nice one, snap!
There is no top. There are always further heights to reach. Jascha Heifetz
  • #35,133
  • Mar 23, 2012 7:32am Mar 23, 2012 7:32am
Quoting Trader131
Not taking any chances today, with this price action. Closing half that order at 41 for a 15 pips
Took some profit, left a runner.

Nice trade 131...

HOLLA
  • #35,134
  • Mar 23, 2012 7:33am Mar 23, 2012 7:33am
I know it's a long way off, but the hourly chart is starting to look more promising- even if it falls off a bit from here, we may end with a tweezer bottom
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd1hr.gif Size: 25 KB
There is no top. There are always further heights to reach. Jascha Heifetz
  • #35,135
  • Mar 23, 2012 7:36am Mar 23, 2012 7:36am
Quoting Turtle
Took some profit, left a runner.

Nice trade 131...

HOLLA
You too, Turtle, good trading! This one might work out better
There is no top. There are always further heights to reach. Jascha Heifetz
  • #35,136
  • Mar 23, 2012 7:40am Mar 23, 2012 7:40am
It's clear on this chart that the momentum candles are definately from the bulls
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd15min.gif Size: 18 KB
There is no top. There are always further heights to reach. Jascha Heifetz
  • #35,137
  • Mar 23, 2012 8:13am Mar 23, 2012 8:13am
Don't forget US news in 50 mins.

HOLLA
  • #35,138
  • Mar 23, 2012 8:36am Mar 23, 2012 8:36am
Taken a long on here on EU. 10 pip stop. Targeting the highs.
  • #35,139
  • Mar 23, 2012 8:41am Mar 23, 2012 8:41am
Quoting Turtle
Took some profit, left a runner.

Nice trade 131...

HOLLA
Stopped out at BE....

Oh well, will wait for this news before consdiering a position.

HOLLA
  • #35,140
  • Mar 23, 2012 8:50am Mar 23, 2012 8:50am
I'm still in, SL under tweezers, but I'm thinking of closing soon, what with news soon, my stops likely to get hit anyway
There is no top. There are always further heights to reach. Jascha Heifetz
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