Let me see if I can guess where you took your 2nd cable long... Big red candle failed to close below the bottom of the hammer/pin. Next bar started heading higher. image

Trade what you see NOT what you expect

Yeah, AU was looking stronger when I entered but the EU really popped. I was thinking about entering the EU on the retracement to around the 50 area but didn't pull the trigger. Perhaps I'm thinking a little too much... As you said the ...

Trade what you see NOT what you expect

Closed out at +4. Unable to get above the 50EMA on the 4H and not liking all the wicks on the 15M. May look to reenter on a retracement. image

Trade what you see NOT what you expect

AU long here at 45. image

Trade what you see NOT what you expect

Since I accidentally exited, I should have added that 1/2 back in on the retrace and rode it to the bottom. Oh well, there's another bus coming right around the corner.

Trade what you see NOT what you expect

Went to take off another 1/4 here but accidentally closed out the remaining 1/2 so I'm out for 29 full pips. image

Trade what you see NOT what you expect

Took short on the GU on retrace back to the 15M 10EMA after break of low. Covered at +17 at 50. S/L to B/E +1. Will most likely close out at the London close in 30 min depending on PA at that time. image image

Trade what you see NOT what you expect

Thanks for the comments on my trade guys. As always, learning something more everyday. Before reviewing the thread this morning the first thing I saw was that reverse hangman on the EU and I said, I'll bet 131 took that and grabbed a bunch of ...

Trade what you see NOT what you expect

The 1H 50/62 were right there as well as the 15M 200SMA. There was also a previous S/R area at 40. I wasn't looking at the 1M but the 5M wasn't going below the previous 15M bar low and looked like it was starting to form what would be a DBLHC. I ...

Trade what you see NOT what you expect

Well, closed that position much too early it seems... Green pips so I'm not complaining. image

Trade what you see NOT what you expect

Fed Fun — Took an EU long here at 46. Closed at 58 and 76... image image

Trade what you see NOT what you expect

131, Just curious whether your stop was filled at your intended price or whether you had a lot of slippage with that spike? I'm guessing it will be pretty quite until the Fed statement later on...

Trade what you see NOT what you expect

Covering Summary From PDF — I thought that I would copy and post the section on covering from the PDF again here based on the discussion that we were having earlier. Lots of good stuff in here if you haven't read it recently. Covering Our @$$ ...

Trade what you see NOT what you expect

The market usually quiets down between the London close and about 1h before the NY close. I'm spending some time going through the PDFs and continuing through the thread. Finding the "best" way to trade is definitely key and, as you say, it's a ...

Trade what you see NOT what you expect

Yeah. I spotted that after the fact but definitely a nice entry point right at previous resistance turned support. You are trading like a pro dude. Keep up the good work!

Trade what you see NOT what you expect

US500 just broke a major top with that 1H close so things are definitely looking bullish there as well.

Trade what you see NOT what you expect

Would you consider shorting the wick of this 15M candle at this level? image

Trade what you see NOT what you expect

Nice trading again today 131! I saw this and again hesitated and didn't take it. Like you said, I think that I just need to take these trades which look good with a reasonable stop level and doing that will increase my confidence. The thing is, I ...

Trade what you see NOT what you expect

Comments Please — Any comments on the following would be appreciated. I watched this trade form on the AU but didn't take it. Was this an obvious trade or do you see reasons to hesitate. My feeling is that I saw the trade and thought that it ...

Trade what you see NOT what you expect

Counter Trend — 131, Just looking back at today's action and seeing that you nailed another counter trend entry point. I also noticed that your exit would have been the ideal spot to reverse your position and that move proved to be worth 90 ...

Trade what you see NOT what you expect