Trade what you see NOT what you expect | Page 1835 | Forex Factory

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Trade what you see NOT what you expect

  • #36,681
  • Sep 21, 2012 1:33am Sep 21, 2012 1:33am
Time for breakfast!
There is no top. There are always further heights to reach. Jascha Heifetz
  • #36,682
  • Sep 21, 2012 2:33am Sep 21, 2012 2:33am
Nice drop just happened, so taking another 1/4 off here +41pips
Attached Image (click to enlarge)
Click to Enlarge Name: eur15min2.gif Size: 21 KB
There is no top. There are always further heights to reach. Jascha Heifetz
  • #36,683
  • Sep 21, 2012 3:35am Sep 21, 2012 3:35am
Closed out the rest of the euro short +35 pips as we seem to be finding support here, and because I also went long on cable after the inverted hangman on 15 min Jpr's trade in reverse- not good to be short euro and long cable at the same time. I've just locked in 18 pips on cable here
Attached Image (click to enlarge)
Click to Enlarge Name: cable15min1st tp.gif Size: 20 KB
There is no top. There are always further heights to reach. Jascha Heifetz
  • #36,684
  • Sep 21, 2012 3:43am Sep 21, 2012 3:43am
Taking another 1/4 off this very long green candle cable up here +52pips
Attached Image (click to enlarge)
Click to Enlarge Name: cable15min2ndtp.gif Size: 19 KB
There is no top. There are always further heights to reach. Jascha Heifetz
  • #36,685
  • Sep 21, 2012 3:49am Sep 21, 2012 3:49am
Cable daily chart- we're right at the double top now- valid short territory. I'm covered, with Sl +8, so happy to sit it out and wait
Attached Image (click to enlarge)
Click to Enlarge Name: cabledaily.gif Size: 35 KB
There is no top. There are always further heights to reach. Jascha Heifetz
  • #36,686
  • Sep 21, 2012 4:08am Sep 21, 2012 4:08am
Took another bit off cable +65pips. just 1/8th left on and SL up to +20 as it could fall back from here and I hate giving anything back! I'd rather get another entry lower if I can
Attached Image (click to enlarge)
Click to Enlarge Name: cable15min2ndtp (2).gif Size: 16 KB
There is no top. There are always further heights to reach. Jascha Heifetz
  • #36,687
  • Sep 21, 2012 4:59am Sep 21, 2012 4:59am
Sweet 131....

Just woke up to see my longs looking pretty good, lock them in at b/e. Time to exercise.

HOLLA
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  • #36,688
  • Sep 21, 2012 5:03am Sep 21, 2012 5:03am
Hey Turtle, good to see you! Nice trades, looking good
There is no top. There are always further heights to reach. Jascha Heifetz
  • #36,689
  • Sep 21, 2012 5:08am Sep 21, 2012 5:08am
Re-entering cable at 72, with just a half position, SL 15pips, as I've made today's quota and don't want to get greedy.
Attached Image (click to enlarge)
Click to Enlarge Name: cable15min2.gif Size: 18 KB
There is no top. There are always further heights to reach. Jascha Heifetz
  • #36,690
  • Sep 21, 2012 6:05am Sep 21, 2012 6:05am
Man this is slow! Gone long on euro at 13005 as we had a flat candle close on the 15min 21 ma and support (previous untested highs)
Attached Image (click to enlarge)
Click to Enlarge Name: eur15min.gif Size: 22 KB
There is no top. There are always further heights to reach. Jascha Heifetz
  • #36,691
  • Sep 21, 2012 6:07am Sep 21, 2012 6:07am
Flat close on 1hr 62ma as well
There is no top. There are always further heights to reach. Jascha Heifetz
  • #36,692
  • Sep 21, 2012 6:14am Sep 21, 2012 6:14am
Quoting Trader131
Re-entering cable at 72, with just a half position, SL 15pips, as I've made today's quota and don't want to get greedy.

I hear ya bro.

Good to see you also.

That's why I move to B/E. Quota made for the week, don't want to ruin the weekend.

HOLLA
  • #36,693
  • Sep 21, 2012 6:22am Sep 21, 2012 6:22am
Ah, stopped out euro -7pips, and cable too only half positions though. Lesson learned, not to push it.
There is no top. There are always further heights to reach. Jascha Heifetz
  • #36,694
  • Sep 21, 2012 6:31am Sep 21, 2012 6:31am
That's enough trading for me today not liking the price action. In the bad old days I would try and revenge trade to get back those last two losses, but I'm still up nicely on the day, so will refrain. If I were trading now, I'd probably go long here after that 35/50 cross
Attached Image (click to enlarge)
Click to Enlarge Name: eur15min.gif Size: 23 KB
There is no top. There are always further heights to reach. Jascha Heifetz
  • #36,695
  • Sep 21, 2012 6:33am Sep 21, 2012 6:33am
EU stopped out.....

CLosed AU for 50 pips.......

No reason to mess around anymore today, market seems thin and it's Friday....

Live to fight another day...time to start the weekend.....

HOLLA
  • #36,696
  • Sep 21, 2012 6:33am Sep 21, 2012 6:33am
but in view of that last trade it's better to stay out when things don't smell right!
There is no top. There are always further heights to reach. Jascha Heifetz
  • #36,697
  • Sep 21, 2012 6:34am Sep 21, 2012 6:34am
Quoting Turtle
EU stopped out.....

CLosed AU for 50 pips.......

No reason to mess around anymore today, market seems thin and it's Friday....

Live to fight another day...time to start the weekend.....

HOLLA
Yes, good advice!
There is no top. There are always further heights to reach. Jascha Heifetz
  • #36,698
  • Sep 21, 2012 6:34am Sep 21, 2012 6:34am
Quoting Trader131
That's enough trading for me today not liking the price action. In the bad old days I would try and "revenge" trade to get back those last two losses, but I'm still up nicely on the day, so will refrain. If I were trading now, I'd probably go long here after that 35/50 cross
We are on the same page my brother........

HOLLA
  • #36,699
  • Sep 21, 2012 6:36am Sep 21, 2012 6:36am
Quoting Trader131
but in view of that last trade it's better to stay out when things don't smell right!

Yeah 40 pips down in 30 mins......

Usually it takes on average about 20-30 pips per hour.

HOLLA
  • #36,700
  • Sep 21, 2012 6:38am Sep 21, 2012 6:38am
I'm still interested to see if this 35/50 works. I'm not in it, but it closed at a nice demand level, so "should" work out
There is no top. There are always further heights to reach. Jascha Heifetz
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