Trade what you see NOT what you expect | Page 1825 | 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

  • #36,481
  • Jul 2, 2012 7:34am Jul 2, 2012 7:34am
just got on that 62 hr ema
Attached Image (click to enlarge)
Click to Enlarge Name: 62 ema.gif Size: 35 KB
  • #36,482
  • Jul 2, 2012 7:39am Jul 2, 2012 7:39am
Nice entry Dharma- textbook stuff! Hope you covered some at the previous lows. I've just entered long on euro and cable after 15min euro closed on the monthly pivot and 15min 200sma and cable closed on the 15min 50sma
There is no top. There are always further heights to reach. Jascha Heifetz
  • #36,483
  • Jul 2, 2012 7:39am Jul 2, 2012 7:39am
Pulled half at 28 (+12) and stop to B/E.

Attached Image
  • #36,484
  • Jul 2, 2012 7:43am Jul 2, 2012 7:43am
nice job dharma i gotta start getting on the auzzie, all ive been trading is eu.

and looks like we got in at the same place trader. may the pips rain upon us all
  • #36,485
  • Jul 2, 2012 7:46am Jul 2, 2012 7:46am
Stopped out on the AU...
  • #36,486
  • Jul 2, 2012 7:51am Jul 2, 2012 7:51am
Covering half cable at resistance +26 pips and half euro at15min 10ma +15pips
Attached Image(s) (click to enlarge)
Click to Enlarge Name: cable15min1st tp.gif Size: 21 KB
Click to Enlarge Name: eur15min1st tp.gif Size: 20 KB
There is no top. There are always further heights to reach. Jascha Heifetz
  • #36,487
  • Jul 2, 2012 7:51am Jul 2, 2012 7:51am
yeah i was thinking about buying it when u posted the graph
  • #36,488
  • Jul 2, 2012 7:52am Jul 2, 2012 7:52am
Quoting SteeP7
nice job dharma i gotta start getting on the auzzie, all ive been trading is eu.

and looks like we got in at the same place trader. may the pips rain upon us all
I like watching both the AU and EU and I also watch the GU. They are very correlated so I've found that often one of the pairs is showing much cleaner PA on any given day. Also, the movement of the other pairs offers hints as to the general direction.
  • #36,489
  • Jul 2, 2012 7:52am Jul 2, 2012 7:52am
i only got 9 pip from eu =/
  • #36,490
  • Jul 2, 2012 7:52am Jul 2, 2012 7:52am
Nice one, Steep- don't forget to get covered though!
There is no top. There are always further heights to reach. Jascha Heifetz
  • #36,491
  • Jul 2, 2012 7:54am Jul 2, 2012 7:54am
Quoting DharmaTrader
I like watching both the AU and EU and I also watch the GU. They are very correlated so I've found that often one of the pairs is showing much cleaner PA on any given day. Also, the movement of the other pairs offers hints as to the general direction.
yeah ive started watching all 3 recently since ive been in the forums i think it does help watching all 3, i just feel more comfortable with trading the eu
  • #36,492
  • Jul 2, 2012 7:55am Jul 2, 2012 7:55am
I've moved my stop on the new cable trade to -4, as that DBLHC is a nice landmark! And BE on Euro, so stress free now.
There is no top. There are always further heights to reach. Jascha Heifetz
  • #36,493
  • Jul 2, 2012 7:58am Jul 2, 2012 7:58am
Quoting SteeP7
yeah ive started watching all 3 recently since ive been in the forums i think it does help watching all 3, i just feel more comfortable with trading the eu
You'll find when you watch all three, that sometimes one or two give better PA and are at better locations for your trade direction ie the right side of strong ma's like the 1hr62, so it gives you the chance to hopefully take the best setup. I know Pippi trades EJ as well- I have it on my chart, but find at the moment I've got enough opportunities with these three
There is no top. There are always further heights to reach. Jascha Heifetz
  • #36,494
  • Jul 2, 2012 7:59am Jul 2, 2012 7:59am
Quoting Trader131
I've moved my stop on the new cable trade to -4, as that DBLHC is a nice landmark! And BE on Euro, so stress free now.
Nice trades bro. I was watching that EU 200SMA but was holding off since I had the AU short going. Look like it was good for a quick bounce at least.

What made you pull the trigger on the cable long? It closed below the 50/35 and you must have entered right on the open of the following candle...
  • #36,495
  • Jul 2, 2012 8:00am Jul 2, 2012 8:00am
that 15min pin on Aussie was a good long up to your TL Dharma. I didn't take it as I was too busy with my other trades
There is no top. There are always further heights to reach. Jascha Heifetz
  • #36,496
  • Jul 2, 2012 8:02am Jul 2, 2012 8:02am
Quoting DharmaTrader
Nice trades bro. I was watching that EU 200SMA but was holding off since I had the AU short going. Look like it was good for a quick bounce at least.

What made you pull the trigger on the cable long? It closed below the 50/35 and you must have entered right on the open of the following candle...
Yes- it was a kind of 35/50 reverse that closed on the 50 sma and the 70 level (look left on 15min chart to see why) enough conluence for a bounce I thought
There is no top. There are always further heights to reach. Jascha Heifetz
  • #36,497
  • Jul 2, 2012 8:07am Jul 2, 2012 8:07am
Quoting Trader131
You'll find when you watch all three, that sometimes one or two give better PA and are at better locations for your trade direction ie the right side of strong ma's like the 1hr62, so it gives you the chance to hopefully take the best setup. I know Pippi trades EJ as well- I have it on my chart, but find at the moment I've got enough opportunities with these three
i guess ill have to step out of my comfort zone start taking positions on the others
  • #36,498
  • Jul 2, 2012 8:07am Jul 2, 2012 8:07am
The Euro trade was very similar. We had a near flat close on the 200sma (1hr 50) at the 70 level which was also previous support on the 1hr chart.
There is no top. There are always further heights to reach. Jascha Heifetz
  • #36,499
  • Jul 2, 2012 8:07am Jul 2, 2012 8:07am
if price hits blue zone ill be looking to short
Attached Image (click to enlarge)
Click to Enlarge Name: eu short area.gif Size: 35 KB
  • #36,500
  • Jul 2, 2012 8:08am Jul 2, 2012 8:08am
Quoting SteeP7
i guess ill have to step out of my comfort zone start taking positions on the others
It's no big deal- PA at the right location works on just about everything!
There is no top. There are always further heights to reach. Jascha Heifetz
23 traders viewing now