Trade what you see NOT what you expect | Page 1796 | 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

  • #35,901
  • Jun 1, 2012 5:12am Jun 1, 2012 5:12am
Quoting Trader131
Did take a scalp long at these levels , although it does feel like stepping in front of a train... Screenshot 15min Entry below
Balls of steel!
  • #35,902
  • Jun 1, 2012 5:14am Jun 1, 2012 5:14am
Quoting Trader131
Grabbed a quick 20pips and I'm only leaving 1/4 on SL at BE now. Not giving it back !
It's funny though, those mini tweezer bottoms after a long run are actually surprisingly reliable at giving pips. Been testing around those a lot on the sim and they are good but really tough to take.
  • #35,903
  • Jun 1, 2012 5:28am Jun 1, 2012 5:28am
Quoting Trotty
It's funny though, those mini tweezer bottoms after a long run are actually surprisingly reliable at giving pips. Been testing around those a lot on the sim and they are good but really tough to take.
Yes, I nearly entered after the inverted hangman, but when the pin crossed and closed above support that was enough for a decent scalp. I nearly closed the last portion after that last bear candle, but will leave it on as it's low risk now and Euro looks to be finding short term support here above 1.23
There is no top. There are always further heights to reach. Jascha Heifetz
  • #35,904
  • Jun 1, 2012 5:32am Jun 1, 2012 5:32am
Quoting Trader131
Yes, I nearly entered after the inverted hangman, but when the pin crossed and closed above support that was enough for a decent scalp. I nearly closed the last portion after that last bear candle, but will leave it on as it's low risk now and Euro looks to be finding short term support here above 1.23
Aha, so you actually entered two candles later than I thought!

Nice work man.
  • #35,905
  • Jun 1, 2012 5:34am Jun 1, 2012 5:34am
Chart
Attached Image (click to enlarge)
Click to Enlarge Name: cable15min.gif Size: 19 KB
There is no top. There are always further heights to reach. Jascha Heifetz
  • #35,906
  • Jun 1, 2012 5:37am Jun 1, 2012 5:37am
Quoting Trotty
Aha, so you actually entered two candles later than I thought!

Nice work man.
Yes, not quite so ballsy! We were at weekly and daily support, and had stalled. My entry was directly on the open of the candle after the pin taken pretty much at the same time as the screenshot I posted earlier
There is no top. There are always further heights to reach. Jascha Heifetz
  • #35,907
  • Jun 1, 2012 5:57am Jun 1, 2012 5:57am
Closing out last part here at resistance +40 pips. If we didn't have NFP coming up I would hold and my stop up, but I'm sure I'll get whipsawed out with news
Attached Image (click to enlarge)
Click to Enlarge Name: cable15min.gif Size: 19 KB
There is no top. There are always further heights to reach. Jascha Heifetz
  • #35,908
  • Jun 1, 2012 10:15am Jun 1, 2012 10:15am
Well after NFP it looks like a change of direction is happening. Bears couldn't take it down. I tried an entry off the 35sma after the long bear candle closed flat against it and it had made a decent retrace. Taken 1/2 off at +20 and SL to -5
Attached Image(s) (click to enlarge)
Click to Enlarge Name: cable15min.gif Size: 21 KB
Click to Enlarge Name: cable15min1st tp.gif Size: 21 KB
There is no top. There are always further heights to reach. Jascha Heifetz
  • #35,909
  • Jun 1, 2012 11:07am Jun 1, 2012 11:07am
Another 1/4 banked here +50
Attached Image (click to enlarge)
Click to Enlarge Name: cable15min2nd tp.gif Size: 21 KB
There is no top. There are always further heights to reach. Jascha Heifetz
  • #35,910
  • Jun 1, 2012 11:48am Jun 1, 2012 11:48am
Am outta here for two weeks and a trading day folks. Happy trading!
  • #35,911
  • Jun 1, 2012 11:50am Jun 1, 2012 11:50am
Anywhere nice, Trotty?
There is no top. There are always further heights to reach. Jascha Heifetz
  • #35,912
  • Jun 1, 2012 1:02pm Jun 1, 2012 1:02pm
Have a good weekend guys, and a good holiday Trotty. Nice long 131..Have fun carrying around those steel balls of yours!

Cheers
Cap
  • #35,913
  • Jun 1, 2012 1:24pm Jun 1, 2012 1:24pm
Quoting The Captain
Have a good weekend guys, and a good holiday Trotty. Nice long 131..Have fun carrying around those steel balls of yours!

Cheers
Haha, Captain. I'm getting a wheelbarrow for when I go down to the shops... Enjoy the weekend everyone. Have a great time away, Trotty.

Leaving the last part of my long on with SL at BE. With luck we might get a gap up over the weekend
There is no top. There are always further heights to reach. Jascha Heifetz
  • #35,914
  • Jun 2, 2012 4:59am Jun 2, 2012 4:59am
Could you link up your trade explorer with your journal please ? Thanks. :-)
  • #35,915
  • Jun 2, 2012 5:34am Jun 2, 2012 5:34am
I'm sorry but:

A) I am not a signal service. That is not the reason I post charts here. I'm still learning here, and just looking for potential areas for trades and taking the setups as they come along. I'm not trying to prove anything, not claiming to be some big shot trader. I'm just here to learn, find decent setups and discuss them with the good people on here

B) It's not possible with my broker anyway...
There is no top. There are always further heights to reach. Jascha Heifetz
  • #35,916
  • Jun 2, 2012 6:28pm Jun 2, 2012 6:28pm
Quoting The Captain
How about that EU trade: +1,000 pips.. no big deal!

Started paying attention when price got around the Monthly 100MA.

Enjoy your two weeks and a trading day Trotty.

Great trading 131.

HOLLA
  • #35,917
  • Jun 3, 2012 10:31pm Jun 3, 2012 10:31pm
Ive been all over FF trying just about every Trading system i could get my hands on, I landed on this and nothing really has come close to changing me as a trader as much as this system has, Its the only system ive been profitable with, i wish the thread would come back to life
  • #35,918
  • Jun 3, 2012 11:20pm Jun 3, 2012 11:20pm
Quoting SteeP7
... i wish the thread would come back to life

That makes 2 of us, at least there are a few traders still hanging around. It looks like there is enough info in the thread and pdf's to support the method though. I have only been trading this for a couple of weeks but thus far the results are encouraging. Only time will tell if it will stay that way.
  • #35,919
  • Jun 3, 2012 11:26pm Jun 3, 2012 11:26pm
yeah ive been backtesting the crap out of it on the simulator and in my live account too, made 45% in may, something i noticed that trader uses that i also found useful is adding the volume to the indicators, usually pins with high volume seem to be a stronger signal
  • #35,920
  • Jun 4, 2012 2:03am Jun 4, 2012 2:03am
Good morning all, and welcome to the thread steep and rgrace. You're right about this thread- it's a shame the original crew no longer post, but everything you need is within these pages. It's a lot of reading and a lot of screentime... and that's just the easy bit! But I really believe that if you stick at it and are disciplined in your trades then there's nothing to match it. Steep, yes I like to have the volume on my LTF charts (15min and the odd cheeky look at a 1 min), but it's not necessary for this method, and I don't want to overcomplicate things. I really only look at it if something jumps out at me. Please feel free to post charts/ideas you have.
There is no top. There are always further heights to reach. Jascha Heifetz
3 traders viewing now