dirty 30 pip retrace... stop hit on shorts from mid 220's entry...
need to get ready for work... later...
need to get ready for work... later...
The Really Useless System 25 replies
Bloomberg: VIX Indicator useless for forecasting the direction of equity prices 0 replies
The Really Really Boring Forex System 97 replies
DislikedLast TA session of the year with NY. Yearly/Quarterly/Monthly/Weekly and Daily rolls in play. Most of the time (if not always) we should have the yearly close range defined by today, leaving just air and newbies for the actual calendar close (Monday) but this time fiscal cliff is leaving everything wide open. Last chance to avoid going over the cliff this Sunday/Monday which will make the markets act like a pinball machine. Window dressing also "expires" leaving the bids half naked in equities.
All markets except gold in...Ignored
Dislikedthanks for your view sisi!
Thinking about the case where parties want to play hardball to the extreme eg agreement comes in after market hours.
Todays close at or below your 1398 or my 1387 and opening next week at 1440 or above.
Just a feeling, but considering longs before close if it happens....Ignored
DislikedBased just on experience I have the same feeling too. However, I wont play it right on the close today. It is Yearly/and below close with very thin markets in a very long weekend with a massive uncertainty in play ...not for my taste but I definitively see your trade.
The main (and is massive) risk is a no deal confirmation with loud shouts and soap opera during the weekend that would make (very very possible in that scenario) the ES gap 20 or more points down on the open on Monday...My account and most traders around don't have the stomach or...Ignored
Dislikedyes it's risky, but in the case, market fears should be fully discounted at the close which makes it less risky....
ah well, we'll seeIgnored
2. Threads
General Nominations coming in next post ... any suggestion, nomination, etc etc etc etc is more than welcome....
sisse
2. Threads
General
sisse
DislikedLast TA session of the year with NY. Yearly/Quarterly/Monthly/Weekly and Daily rolls in play. Most of the time (if not always) we should have the yearly close range defined by today, leaving just air and newbies for the actual calendar close (Monday) but this time fiscal cliff is leaving everything wide open. Last chance to avoid going over the cliff this Sunday/Monday which will make the markets act like a pinball machine. Window dressing also "expires" leaving the bids half naked in equities.
All markets except gold in...Ignored
DislikedRUT awards 2012 and the nominees for the threads category are:
2. Threads
General
[list][*]Worst Thread Of The Year:[list=1][*]Planetary Cycles Trading (EUR/USD): A collage of esoteric concepts with a bit of astrology and very "unique" geometric elements ...provides a few good laughs but it gets scary when you realize that some of the posters are actually been serious about it.
A quick quote from the thread ... just brilliant.[*][u][b]Technical...Ignored
2. Threads 2
sisse
Disliked[*]EURUSD: The never ending thread that always find a second air when is fading ... The world can be ending, Wall Street collapsing, the FED announcing QE while Greece is abandoning the euro, market moving 1000 pips up and down in 2 minutes...it doesn't matter, this thread will continue with pages and pages of completely unrelated info at exactly the same time is happening until some newbie will interrupt the non sense and announce with pride a 5 pip winner with a 1 pip stop .... Definitively a fix asset in FF.Ignored
Disliked[*]Best Thread Of The Year in Trading Systems:
The contest in this category was declared void given that most of the threads reviews didn't cut the minimum level to be judge. This is broker's and fortune's tellers paradise in FF. Most threads are a cross between PlayStation meet Nickelodeon thread names and introductions with encyclopedic size "rules", indicators, exceptions and bastardization of MT4 indicators that in some cases make look Wikipidia index very small. Most of threads are textbooks examples...Ignored
DislikedInteresting stuff- RUT awards. Thanx for support, be sure I will keep doing the analysis with pinpointing good entries, exits etc.
Everyone with a good attitude are welcome, and I will always strive to help each everyone of you. Mutual understanding is the synergy that works like a charm.
HAPPY HOLIDAYS AND HAPPY NEW YEAR TO EVERYONE IN THE THREAD!
T
P.S. Need to add 1 more thing. The reason the thread doesnt have so many interactions is probably due to the fact that I keep posting entries and exits along with intraday charts so...Ignored