Trade what you see NOT what you expect | Page 1772 | 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

  • #35,421
  • Apr 12, 2012 2:55am Apr 12, 2012 2:55am
Quoting Turtle
WAZZZUUUUPPP?????

Just got in the door from doing Karaoke, one guy sang "Baby Got Back" and had the whole crowd dancing tonight....
Hey Turtle!

Reminds me of this:

Inserted Video
  • #35,422
  • Apr 12, 2012 3:00am Apr 12, 2012 3:00am
Quoting Trotty
Hey Turtle!

Remind me of this:

http://www.youtube.com/watch?v=Vqiw-Kqtlr0

HELL YEAH.......

Now that a party.....

HOLLA
  • #35,423
  • Apr 12, 2012 3:15am Apr 12, 2012 3:15am
Euro 1hr coiling up like a spring. 1hr 62 ema (orange) + 50 ma's and trendline = confluence for another quick bounce
Attached Image (click to enlarge)
Click to Enlarge Name: euro1hr.gif Size: 23 KB
There is no top. There are always further heights to reach. Jascha Heifetz
  • #35,424
  • Apr 12, 2012 3:16am Apr 12, 2012 3:16am
Quoting Trader131
Euro 1hr coiling up like a spring. 1hr 62 ema (orange) + 50 ma's and trendline = confluence for another quick bounce
I know, it's getting beat up on both ends....

HOLLA
  • #35,425
  • Apr 12, 2012 6:57am Apr 12, 2012 6:57am
Nice move in dollar relate pairs. I've closed out most of my long at 13170 as I'm off on hols tomorrow to Cornwall for a week, but left 1/4 on with SL below last low on 15min at +15 now. I took two entries- the first grreen arrow was a ma bounce/trendline play, and the 2nd was after the 1hr inverted hammer and then doji formed
Attached Image (click to enlarge)
Click to Enlarge Name: euro1hr.gif Size: 23 KB
There is no top. There are always further heights to reach. Jascha Heifetz
  • #35,426
  • Apr 12, 2012 7:01am Apr 12, 2012 7:01am
Quoting Trader131
Euro 1hr coiling up like a spring. 1hr 62 ema (orange) + 50 ma's and trendline = confluence for another quick bounce
Your wish has come true......

After a couple of losses, I got it right this time.....

Brother has to work on my patience...

Got long @ 1.3127........took some profit @ 1.3170..........looking to drop some off @1.3200.

S/L is at break even, because if she happens to come back through we are back to 1.3100 again.

Let's see how she rolls.....

HOLLA
  • #35,427
  • Apr 12, 2012 7:02am Apr 12, 2012 7:02am
Quoting Trader131
Nice move in dollar relate pairs. I've closed out most of my long at 13170 as I'm off on hols tomorrow to Cornwall for a week, but left 1/4 on with SL below last low on 15min at +15 now. I took two entries- the first grreen arrow was a ma bounce/trendline play, and the 2nd was after the 1hr inverted hammer and then doji formed
1.3170......that sounds familiar........nice trade.

HOLLA
  • #35,428
  • Apr 12, 2012 7:04am Apr 12, 2012 7:04am
Nice one, Turtle. We both took profit to the pip at 70! It's encouraging for me to be seeing things the way you do.
There is no top. There are always further heights to reach. Jascha Heifetz
  • #35,429
  • Apr 12, 2012 7:08am Apr 12, 2012 7:08am
Quoting Trader131
Nice one, Turtle. We both took profit to the pip at 70! It's encouraging for me to be seeing things the way you do.
I'm glad that we are all starting to see it together....

I think it's pretty cool, when that happens.

HOLLA
  • #35,430
  • Apr 12, 2012 7:33am Apr 12, 2012 7:33am
Absolutely, I always was impressed by how close Eo and Infinity's trades were, and can see just how precise you can become at entries and exits. After all- we're all looking at the same charts (more or less!)

Trendlines and channels are a very important part of this method that is not really shown in the PDF. Get them right and you can really nail those entries and exits
There is no top. There are always further heights to reach. Jascha Heifetz
  • #35,431
  • Apr 12, 2012 7:39am Apr 12, 2012 7:39am
Quoting Trader131
Absolutely, I always was impressed by how close Eo and Infinity's trades were, and can see just how precise you can become at entries and exits. After all- we're all looking at the same charts (more or less!)

Trendlines and channels are a very important part of this method that is not really shown in the PDF. Get them right and you can really nail those entries and exits
I like fib's and MA's....

Like you said, we are all looking at the same charts.

HOLLA
  • #35,432
  • Apr 12, 2012 9:08am Apr 12, 2012 9:08am
Quoting Trader131
Absolutely, I always was impressed by how close Eo and Infinity's trades were, and can see just how precise you can become at entries and exits. After all- we're all looking at the same charts (more or less!)

Trendlines and channels are a very important part of this method that is not really shown in the PDF. Get them right and you can really nail those entries and exits


I spent a year or more ignoring trendlines and especially ignoring channels. God what a classic fool I was. I just lost all confidence in them, primarily because I didn't really know how to draw them with any degree of accuracy. I now understand how critical they are and how they are quite evidentally respected by the big institutions.

Great trading again earlier. Enjoy Cornwall. We spent 5 days there last September, we do try and make a point of going every few years. It truly is one of the most beutiful places on planet earth...just a shame about all the tourists everywhere
  • #35,433
  • Apr 12, 2012 11:32am Apr 12, 2012 11:32am
Quoting Trotty


I spent a year or more ignoring trendlines and especially ignoring channels. God what a classic fool I was. I just lost all confidence in them, primarily because I didn't really know how to draw them with any degree of accuracy. I now understand how critical they are and how they are quite evidentally respected by the big institutions.

Great trading again earlier. Enjoy Cornwall. We spent 5 days there last September, we do try and make a point of going every few years. It truly is one of the most beutiful places on planet earth...just a shame...

Thanks- yes, I love Cornwall too- I used to go to St Ives as a child in the 70's, before it became all trendy and it is truly magical- if you can escape the crowds though...In August it's packed and hell.
There is no top. There are always further heights to reach. Jascha Heifetz
  • #35,434
  • Apr 12, 2012 12:22pm Apr 12, 2012 12:22pm
Ok, closing the last part of my long up here ahead of resistance for 96 pips. Off on hols now- might take the laptop and check in sometime. Have a great trading week next week guys!
Attached Image (click to enlarge)
Click to Enlarge Name: euro1hr.gif Size: 21 KB
There is no top. There are always further heights to reach. Jascha Heifetz
  • #35,435
  • Apr 21, 2012 11:17pm Apr 21, 2012 11:17pm
I have to ask...what happend to this thread? Not many months ago there used to be lots of replies every day, setups, charts and so on.

Now it seems dead...is this another holy grail turned garbage? Where are all the succesful traders that used to roam here? Did they make it so big they never have to come back? What about their pupils? Nobody left here?



PS: I am really looking for a genuine reply...
  • #35,436
  • Apr 22, 2012 2:01pm Apr 22, 2012 2:01pm
Quoting Razvan
I have to ask...what happend to this thread? Not many months ago there used to be lots of replies every day, setups, charts and so on.

Now it seems dead...is this another holy grail turned garbage? Where are all the succesful traders that used to roam here? Did they make it so big they never have to come back? What about their pupils? Nobody left here?



PS: I am really looking for a genuine reply...

This is a wonderful thread but new trader has to be very careful because there are discretion to some of the setup in relation to the larger time frame. There are different setup discussed in this thread but you have to give regard to larger time frame. I mean you have to know the rhythm of market so that you can take the setup. With this method, you have to enter as a scalper and stay in as a long trader.

Unfortunately, people who are posting here regularly may be making pips but they are not trading the original method.
THE DIFFERENCE BETWEEN GOOD AND EXCELLENT IS ATTENTION TO DETAILS.
  • #35,437
  • Apr 22, 2012 3:51pm Apr 22, 2012 3:51pm
Hello all, back from an enjoyable wet and windy holiday in Cornwall. I tried Rick Stein's fish and chips which were lovely, but pricey, and there was great beer (Trotty- you'd approve!) at the Blisland Inn.

Nothings wrong with this thread. Some of the original posters still check in occasionally, but I just think that as with most things in life, people move on. I can't comment on their current success, but having read the whole thread I don't doubt it.

Ejiexe, I don't think EO's method has been lost recently. People have always come into this thread and posted charts that weren't strictly EO's method- look at Baz for instance, but they all contributed to the altruistic nature of the thread.
There is no top. There are always further heights to reach. Jascha Heifetz
  • #35,438
  • Apr 23, 2012 2:14am Apr 23, 2012 2:14am
Quoting Trader131
Hello all, back from an enjoyable wet and windy holiday in Cornwall. I tried Rick Stein's fish and chips which were lovely, but pricey, and there was great beer (Trotty- you'd approve!) at the Blisland Inn.

Nothings wrong with this thread. Some of the original posters still check in occasionally, but I just think that as with most things in life, people move on. I can't comment on their current success, but having read the whole thread I don't doubt it.

Ejiexe, I don't think EO's method has been lost recently. People have always come into this...
Welcome back 131

Glad you had a good time, the rain is just par-for-the-course down there! Some lovely ale coming out of the county these days. The ubiquitous Doom Bar and Tribute are both excellent pints (esp Tribute) and I had a seasonal beer last time I was there, Sharp's Honey Gold - excellent it was!

As for this thread, I know that the original crew took a lot of their discussion away from the thread due to having to spend too much time telling newbies what was already well documented in the PDF and in the thread. Lazy people wanting their hands holding. That near enough killed the thread because the people we were all learning from left in unison.

I honestly think people should view this thread less as a clear strategy and system and much more like a guide on how to trade the markets. You could remove all the moving averages and just follow the price action entries using channels and do well for yourself. What makes it hard for people is the sheer number of different entries that they took, that can be very overwhelming and if you tried to follow suit whilst getting on your feet, I could envisage some massive frustrations. Taking one setup at a time and being the master of that one setup before moving on to the next is definitely the best way forward (guilty of not doing that but wish I had).



On another note, happy St.George's day to all Englishmen [IMG]file:///C:/Users/Neil/AppData/Local/Temp/msohtml1/01/clip_image001.gif[/IMG]
  • #35,439
  • Apr 23, 2012 2:57am Apr 23, 2012 2:57am
Did anyone else take this or waiting for lower prices?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu 1h.gif Size: 20 KB
Click to Enlarge Name: gu 15m.gif Size: 24 KB
  • #35,440
  • Apr 23, 2012 7:18am Apr 23, 2012 7:18am
Quoting Trotty
Welcome back 131

Glad you had a good time, the rain is just par-for-the-course down there! Some lovely ale coming out of the county these days. The ubiquitous Doom Bar and Tribute are both excellent pints (esp Tribute) and I had a seasonal beer last time I was there, Sharp's Honey Gold - excellent it was!

As for this thread, I know that the original crew took a lot of their discussion away from the thread due to having to spend too much time telling newbies what was already well documented in the PDF and in the thread. Lazy people wanting...
Thanks for the welcome, Trotty! Yes, those cornish beers are something else. I love doombar and HSD (Hicks Special Draught)- I don't know, it must be the pure water or something, but they're amazing.

"I honestly think people should view this thread less as a clear strategy and system and much more like a guide on how to trade the markets"

Absolutely- there is nothing worse than getting bogged down with semantics.

1pipperhour I've been out this morning, but see it was a valid trade on cable- I hope you covered and took some off at the figure, as it hasn't been much of a bounce.
There is no top. There are always further heights to reach. Jascha Heifetz
3 traders viewing now