Trade what you see NOT what you expect | Page 1777 | Forex Factory

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Why did you start trading and what do you expect from it? 19 replies

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Trade what you see NOT what you expect

  • #35,521
  • Apr 25, 2012 4:37am Apr 25, 2012 4:37am
Quoting Trotty
Thanks buddy, you have vouching rights

If you get the chance, have a look through Kodziro's old posts and charts if you haven't already. He's a very adept and experienced trader with some very smart and clever approaches to trading the market (all still with the spirit of this thread at the core). I learnt a lot from him.
Hey Trotty, I've been wanting to vouch for you for ages. Talking to you and posting on here has really helped my trading. By the way, I tried out the forextester 2 last weekend by the way- just the demo version at the moment, so it only gives you about half an hour of testing, but thought it was great.

Shorting half a position on cable, to allow for a larger SL at the figure/ 15min 5ma as i type.

I will check out Kodziro's posts as I haven't read anything by him yet, and Kodziro, please feel welcome to post in here, even if your method isn't the same- it would be great to see you in here.
There is no top. There are always further heights to reach. Jascha Heifetz
  • #35,522
  • Apr 25, 2012 4:50am Apr 25, 2012 4:50am
Moved SL to BE which is now behind the 15min 5 ma as if I'm stopped, she could pop up a bit.
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
  • #35,523
  • Apr 25, 2012 4:55am Apr 25, 2012 4:55am
Quoting Trader131
Hey Trotty, I've been wanting to vouch for you for ages. Talking to you and posting on here has really helped my trading. By the way, I tried out the forextester 2 last weekend by the way- just the demo version at the moment, so it only gives you about half an hour of testing, but thought it was great.

Shorting half a position on cable, to allow for a larger SL at the figure/ 15min 5ma as i type.

I will check out Kodziro's posts as I haven't read anything by him yet, and Kodziro, please feel welcome to post in here, even if your method isn't...
Likewise mate and really great to hear you've had a look at FT. It isn't perfect but it's a long way towards it. I spent a while comparing the data against my Alpari charts from the last couple of years and it's pretty damned accurate. I just wish it had some reputable tick data to test with as well.

Sometime I just sit there of an evening and press the space bar over and over (to move it on a candle) whilst the mrs watches TV. Not necessarily trading the tester but just trying to see if I can spot new patterns and predict when I think a reversal will take place etc. Really helps.

Would be great if Kodziro would get stuck into the thread, I do see him poking his head in every so often.
  • #35,524
  • Apr 25, 2012 5:00am Apr 25, 2012 5:00am
The 15min 5 ma held and now I'm taking some off (15pips) near the previous lows
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
  • #35,525
  • Apr 25, 2012 5:09am Apr 25, 2012 5:09am
Quoting Trader131
The 15min 5 ma held and now I'm taking some off (15pips) near the previous lows
Edit:Stopped at BE
There is no top. There are always further heights to reach. Jascha Heifetz
  • #35,526
  • Apr 25, 2012 7:12am Apr 25, 2012 7:12am
Long euro off trendline v tight SL (6 pips!) at 94
Attached Image (click to enlarge)
Click to Enlarge Name: euro15min.gif Size: 26 KB
There is no top. There are always further heights to reach. Jascha Heifetz
  • #35,527
  • Apr 25, 2012 7:25am Apr 25, 2012 7:25am
Oh bugger, we've news in 5mins! Closing out for +5
Attached Image (click to enlarge)
Click to Enlarge Name: euro15min.gif Size: 26 KB
There is no top. There are always further heights to reach. Jascha Heifetz
  • #35,528
  • Apr 25, 2012 7:49am Apr 25, 2012 7:49am
Sold cable
There is no top. There are always further heights to reach. Jascha Heifetz
  • #35,529
  • Edited 8:23am Apr 25, 2012 8:03am | Edited 8:23am
Sorry didn't have time to explain my entry then. I entered as price bounced off the 15min 50ema (blue line) and crossed back through the 1hr 62ema (dashed orange line). Taking 1st profits here for 12 pips at line and lowering Sl to above wick. so pretty much net BE if im stopped

Edit: Stopped out. Too much dollar weakness at the moment for shorts
Attached Image (click to enlarge)
Click to Enlarge Name: cable15min1.gif Size: 20 KB
There is no top. There are always further heights to reach. Jascha Heifetz
  • #35,530
  • Apr 25, 2012 8:28am Apr 25, 2012 8:28am
Hey guys, good to see you doing well 131 hope you enjoyed your holiday. Been quiet with me, will see what tonight's news brings hopefully it will open up a strong direction for us to ride.
  • #35,531
  • Apr 25, 2012 8:44am Apr 25, 2012 8:44am
Hello Lazyboy, good to see you back here! 15min charts are looking a bit like a hamster's cardiograph. So volatile, only good for scalps at the moment, but hopefully like you say after FOMC we may get some true direction
There is no top. There are always further heights to reach. Jascha Heifetz
  • #35,532
  • Apr 25, 2012 9:03am Apr 25, 2012 9:03am
Shorted cable again at 37, moving v. fast 10 pip SL, will take quick profits again
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
  • #35,533
  • Apr 25, 2012 9:05am Apr 25, 2012 9:05am
Reasons: gapfill and solid resistance here at 39 +Daily pivot on my feed.
There is no top. There are always further heights to reach. Jascha Heifetz
  • #35,534
  • Apr 25, 2012 9:07am Apr 25, 2012 9:07am
1st TP here at 23 (14pips)
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
  • #35,535
  • Apr 25, 2012 9:09am Apr 25, 2012 9:09am
Sl moved to -8 (above last high)
There is no top. There are always further heights to reach. Jascha Heifetz
  • #35,536
  • Apr 25, 2012 9:52am Apr 25, 2012 9:52am
Just back from school run, and taking another 1/4 off here at 14 for 23 pips ahead of support and trendline. SL on remainder to +5
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
  • #35,537
  • Apr 25, 2012 10:33am Apr 25, 2012 10:33am
Quoting Trader131
Just back from school run, and taking another 1/4 off here at 14 for 23 pips ahead of support and trendline. SL on remainder to +5
Super stuff fella. Oddly, I had no gap on my feed.
  • #35,538
  • Apr 25, 2012 10:49am Apr 25, 2012 10:49am
Thanks Trotty, I was stopped out on that last part +5. Glad i tightened my stop though. Today's market is a smash and grab!
There is no top. There are always further heights to reach. Jascha Heifetz
  • #35,539
  • Apr 26, 2012 1:10am Apr 26, 2012 1:10am
Morning all. Well the FOMC didnt really give us any meaningful direction. I'm working today but was hoping to be able to get some longer term trades started, but haven't seen anything worthwhile.
There is no top. There are always further heights to reach. Jascha Heifetz
  • #35,540
  • Apr 26, 2012 4:03am Apr 26, 2012 4:03am
I'm holding half an eu long but looks like the 2nd half could get stopped soon.
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