Trade what you see NOT what you expect | Page 1775 | Forex Factory

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Trade what you see NOT what you expect

  • #35,481
  • Apr 24, 2012 7:54am Apr 24, 2012 7:54am
Could have added back in there if you were fast enough!
There is no top. There are always further heights to reach. Jascha Heifetz
  • #35,482
  • Apr 24, 2012 7:54am Apr 24, 2012 7:54am
Quoting Trader131
Could have added back in there if you were fast enough!
exacly what I was thinking, but I'm not Billy the Kid yet lol
  • #35,483
  • Apr 24, 2012 7:55am Apr 24, 2012 7:55am
you might want to take some more profit here if you want
There is no top. There are always further heights to reach. Jascha Heifetz
  • #35,484
  • Apr 24, 2012 7:55am Apr 24, 2012 7:55am
or just relax and keep lowering your stop
There is no top. There are always further heights to reach. Jascha Heifetz
  • #35,485
  • Apr 24, 2012 7:56am Apr 24, 2012 7:56am
Quoting Trader131
or just relax and keep lowering your stop
Yeah, just trailing my SL atm, what's ur ultimate TP?
  • #35,486
  • Apr 24, 2012 7:56am Apr 24, 2012 7:56am
Just remember this is countertrend, so we need to take profits like billy the kid!
There is no top. There are always further heights to reach. Jascha Heifetz
  • #35,487
  • Apr 24, 2012 7:57am Apr 24, 2012 7:57am
Quoting ForexForce
Yeah, just trailing my SL atm, what's ur ultimate TP?
whatever the market gives me..
There is no top. There are always further heights to reach. Jascha Heifetz
  • #35,488
  • Apr 24, 2012 7:58am Apr 24, 2012 7:58am
Quoting Trader131
whatever the market gives me..
Thanks, looks like 15min is shaping a hammer, close and reverse? what do u think?
  • #35,489
  • Apr 24, 2012 8:00am Apr 24, 2012 8:00am
Quoting ForexForce
Thanks, looks like 15min is shaping a hammer, close and reverse? what do u think?
nevermind, hammer denied
  • #35,490
  • Apr 24, 2012 8:01am Apr 24, 2012 8:01am
Quoting ForexForce
Thanks, looks like 15min is shaping a hammer, close and reverse? what do u think?
!5min closed lower in the last few seconds, so we're still good, but I might take another 1/4 off soon before us open
There is no top. There are always further heights to reach. Jascha Heifetz
  • #35,491
  • Apr 24, 2012 8:07am Apr 24, 2012 8:07am
I want to see the white line resistance hold which ties up with the 15min 5 and 10 ma's (dotted white and yellow lines on my chart). So if we get a candle close above say 41/42, then they're not holding and I'm out of here
Attached Image (click to enlarge)
Click to Enlarge Name: cable15min.gif Size: 20 KB
There is no top. There are always further heights to reach. Jascha Heifetz
  • #35,492
  • Apr 24, 2012 8:10am Apr 24, 2012 8:10am
that's me out +4 on the rest. Will watch PA for another entry
There is no top. There are always further heights to reach. Jascha Heifetz
  • #35,493
  • Apr 24, 2012 8:33am Apr 24, 2012 8:33am
nice job tradezone1
  • #35,494
  • Apr 24, 2012 8:46am Apr 24, 2012 8:46am
Here's one from hindsighttraders.com It's obvious after the event!
I might have taken it if I hadn't been posting so much! Never mind there'll be more tomorrow
Attached Image (click to enlarge)
Click to Enlarge Name: euro15min.gif Size: 21 KB
There is no top. There are always further heights to reach. Jascha Heifetz
  • #35,495
  • Apr 24, 2012 8:49am Apr 24, 2012 8:49am
I did take cable short after that last 15min close with high volume though...
There is no top. There are always further heights to reach. Jascha Heifetz
  • #35,496
  • Apr 24, 2012 8:50am Apr 24, 2012 8:50am
Taking half off here..
Attached Image (click to enlarge)
Click to Enlarge Name: cable15min.gif Size: 21 KB
There is no top. There are always further heights to reach. Jascha Heifetz
  • #35,497
  • Apr 24, 2012 8:56am Apr 24, 2012 8:56am
reasons for taking it- 15 min failed to close above the lower wedge line on very high volume, whilst eurusd had shot up to potential resistance at 1.32, so looked likely to fall back and as cable had not had the strength of euro in it's rise and faltered at the lower trendline- it's logical that it should fall more when euro turns and the rug is pulled from under it
There is no top. There are always further heights to reach. Jascha Heifetz
  • #35,498
  • Apr 24, 2012 8:58am Apr 24, 2012 8:58am
taking some more off here as we are still in a very dollar weak market and news soon
Attached Image (click to enlarge)
Click to Enlarge Name: cable15min.gif Size: 21 KB
There is no top. There are always further heights to reach. Jascha Heifetz
  • #35,499
  • Apr 24, 2012 9:00am Apr 24, 2012 9:00am
trouble posting, but SL to BE (47) now pre news
There is no top. There are always further heights to reach. Jascha Heifetz
  • #35,500
  • Apr 24, 2012 9:25am Apr 24, 2012 9:25am
Quoting Trader131
trouble posting, but SL to BE (47) now pre news
missed the re-entry, waiting for PA to show me some entry
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