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The Really Useless Thread

  • #152,861
  • Jul 7, 2017 12:09pm Jul 7, 2017 12:09pm
Quoting ws121
{quote} L rolled about 10 pips below, does indicate anything to you such as "a weak sign"? or it doesn't matter since it's marked below, even a tick below? or maybe it's not that simple to be defined?
its a big ship.. st may have needed 1409.. its done that. now lets see how ny rolls. st 1321 has a small target.. w/o a new high. some possible help is to get and close below 1403 on a 5 min chart. then 1387 and so on. 1333 may not be so easy..
those who can, do. those who cant, talk about those who can
  • #152,862
  • Jul 7, 2017 12:16pm Jul 7, 2017 12:16pm
For me, today closed below 1400 would be good for short!
Under 1380 would be nicer !
  • #152,863
  • Jul 7, 2017 12:23pm Jul 7, 2017 12:23pm
Quoting Angelina
For me, today closed below 1400 would be good for short! Under 1380 would be nicer !
that's what she said
those who can, do. those who cant, talk about those who can
  • #152,864
  • Jul 7, 2017 12:31pm Jul 7, 2017 12:31pm
Quoting gatorinla
{quote} its a big ship.. st may have needed 1409.. its done that. now lets see how ny rolls. st 1321 has a small target.. w/o a new high. some possible help is to get and close below 1403 on a 5 min chart. then 1387 and so on. 1333 may not be so easy..
so far 1403 is still holding it on the bull side of 5min.. not so good for me
those who can, do. those who cant, talk about those who can
  • #152,865
  • Jul 7, 2017 12:43pm Jul 7, 2017 12:43pm
Quoting gatorinla
{quote} so far 1403 is still holding it on the bull side of 5min.. not so good for me
They may push it up to close the week up. EG and Ej at highs making it harder to bid the Eu up. I'm watching...
  • #152,866
  • Edited 3:57pm Jul 7, 2017 2:38pm | Edited 3:57pm
Quoting gatorinla
{quote} so far 1403 is still holding it on the bull side of 5min.. not so good for me
Lets see how NY close! Hope that it will be closed below at least 1407(the last 4h candle scared me but remember 1407 is R now also)
I dont think that it will give a big gap up next week! Could be a gap down. Stay in and stick with our chances then!
Still watching it closely until NY end. It could drop in the last h little down under 1400 then hihi
Same trend but GU dropped down nicely !
  • #152,867
  • Jul 7, 2017 7:21pm Jul 7, 2017 7:21pm
Quoting Angelina
{quote} Lets see how NY close! Hope that it will be closed below at least 1407(the last 4h candle scared me but remember 1407 is R now also) I dont think that it will give a big gap up next week! Could be a gap down. Stay in and stick with our chances then! Still watching it closely until NY end. It could drop in the last h little down under 1400 then hihi Same trend but GU dropped down nicely !
looks like a 1395 close. red day, red week. maybe a crack in bulls armor, we will see.
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those who can, do. those who cant, talk about those who can
  • #152,868
  • Edited 6:09pm Jul 8, 2017 5:39pm | Edited 6:09pm
Quoting gatorinla
{quote} looks like a 1395 close. red day, red week. maybe a crack in bulls armor, we will see. {image}
I think the weekly candle ended was just a break from the bull!
It gave the bottom tail longer than the top tail and one more thing is the previous candle was a full bullish one.
That made my mind think that it is just a break, a pull back for retrace of the bull and the bull trend will continuous going higher to 15xx-17xx then drop.
I will watch closely the this weekly bottom at 1312 and the previous one at 1171.
If it breaks those level, I will keep this trade for months(but I think it will go higher to create a nice reversal weekly candle as couple of previous one).
One more think, the previous monthly candle was ended with full bullish one also. It did not look like a reversal one yet. Sometimes, I know we do not need a nicely doji bearish candle to think about a reversal but the overall picture of the 3 previous monthly candle did not look like this month candle will give a LL than the previous month!
Might be this month will be ended with a doji bearish candle one! But I want to see it pop up higher than 1445 then come back close below 1417!
I also know that it will face with a strong R around 15xx-17xx there !
But this is just my personal idea!
How do you think about it buddy?
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  • #152,869
  • Jul 9, 2017 6:26am Jul 9, 2017 6:26am
Quoting Angelina
{quote} I think the weekly candle ended was just a break from the bull! It gave the bottom tail longer than the top tail and one more thing is the previous candle was a full bullish one. That made my mind think that it is just a break, a pull back for retrace of the bull and the bull trend will continuous going higher to 15xx-17xx then drop. I will watch closely the this weekly bottom at 1312 and the previous one at 1171. If it breaks those level, I will keep this trade for months(but I think it will go higher to create a nice reversal weekly candle...
i dont know. i played it thinking 1459 was going to be hit. but decided last week to take my shot at 1436. because pa didnt seem enough to get there last week. new week coming today. chart wise, its in my entry window..
Attached Image (click to enlarge)
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those who can, do. those who cant, talk about those who can
  • #152,870
  • Jul 9, 2017 7:22pm Jul 9, 2017 7:22pm
Quoting gatorinla
{quote} yeah.. i got a little one 129.75... .. but i do see a possible 130.48 ... 129.64 i know u were looking for..
Got in at 130.88 fri sl 100 lets see if it works out
  • #152,871
  • Jul 9, 2017 11:21pm Jul 9, 2017 11:21pm
thinking not much will happen bear wise till a close below 1386...it will probably will act supportive until. personally still short over last week's minor crack. hopefully i chose the right place as Resistance, and we tap 1.089x or 0.93xx
those who can, do. those who cant, talk about those who can
  • #152,872
  • Edited 3:08am Jul 10, 2017 12:12am | Edited 3:08am
Quoting gatorinla
thinking not much will happen bear wise till a close below 1386...it will probably will act supportive until. personally still short over last week's minor crack. hopefully i chose the right place as Resistance, and we tap 1.089x or 0.93xx
Sorry, Ive been talking too much, confused ppl sumtimes
Just trade what the chart said then!
I am still holding my short too.



Hit SL. It seems to retest 1445 again. If it breaks 1445, I might short again just right below 1613 for 09xx
  • #152,873
  • Jul 10, 2017 6:19am Jul 10, 2017 6:19am
Quoting gatorinla
thinking not much will happen bear wise till a close below 1386...it will probably will act supportive until. personally still short over last week's minor crack. hopefully i chose the right place as Resistance, and we tap 1.089x or 0.93xx
maybe London will give -1386 today.. so far that 1409/17 held
those who can, do. those who cant, talk about those who can
  • #152,874
  • Edited 6:36am Jul 10, 2017 6:24am | Edited 6:36am
Quoting Angelina
{quote} Sorry, Ive been talking too much, confused ppl sumtimes Just trade what the chart said then! I am still holding my short too. Hit SL. It seems to retest 1445 again. If it breaks 1445, I might short again just right below 1613 for 09xx
https://www.forexfactory.com/showthr...1#post10063311

if not 1321 is the first small target with a 1.089x attraction. https://www.forexfactory.com/showthr...3#post10064553 the larger target is below 1.0..(0.93xx) u can think of 1.089x as a half candle 2017 (1/2 yr) retrace. so even larger bulls are waiting for a large retrace since 1.03xx. 1100 pips w/o a retrace so far..
those who can, do. those who cant, talk about those who can
  • #152,875
  • Jul 10, 2017 6:41am Jul 10, 2017 6:41am
0.93xx
Inserted Video
those who can, do. those who cant, talk about those who can
  • #152,876
  • Jul 10, 2017 8:36am Jul 10, 2017 8:36am
Quoting gatorinla
{quote} https://www.forexfactory.com/showthr...1#post10063311 if not 1321 is the first small target with a 1.089x attraction. https://www.forexfactory.com/showthr...3#post10064553 the larger target is below 1.0..(0.93xx) u can think of 1.089x as a half candle 2017 (1/2 yr) retrace. so even larger bulls are waiting for a large retrace since 1.03xx. 1100 pips w/o a retrace so far..
I set my SL at 1417 and it hit during London session
I will try to jump at a retrace again if it breaks 1380!
  • #152,877
  • Jul 10, 2017 10:45am Jul 10, 2017 10:45am
Quoting gatorinla
{quote} maybe London will give -1386 today.. so far that 1409/17 held
not today..
those who can, do. those who cant, talk about those who can
  • #152,878
  • Jul 10, 2017 10:54am Jul 10, 2017 10:54am
Quoting Angelina
{quote} I set my SL at 1417 and it hit during London session I will try to jump at a retrace again if it breaks 1380!
that 1386 to me would need a breech and probably a day close below to pass the next test.. next week the bar moves.. still bullish.. atm i call that close today above last weeks 1386.. it closed 1388 as far as i am concerned. i cant call that bearish although it tried.. its just Monday, things can change.. 1408/1417 is still very important to me close wise.. closing below 1417 as far as the week goes wasnt so bullish in the med tf of week,,, other than that, month & up is bullish, at least till it not.. and when its not it will turn starting on smaller tf.. i am still short for the same reasons stated the past few weeks.. london rolled 1388, above 1386. so it may test R.. and i may be wrong about my short.. here is a bullish ones shot above 1386.. to close to R w/o a retrace for me..
those who can, do. those who cant, talk about those who can
  • #152,879
  • Jul 10, 2017 10:57am Jul 10, 2017 10:57am
Hi Gator I know you're mostly technical and probably fundamentals are less important in your trading approach, but is there anything fundamental in the horizon to suggest that 0.93xx is a potential target? Or is it purely from a technical point of view and would fundamentals follow in your view?

E.g. Would you suggest the dollar index to start rising again under the influence of rate hikes? The euro to collapse in view of possible Greece issues?
  • #152,880
  • Jul 10, 2017 5:51pm Jul 10, 2017 5:51pm
Quoting ExForX
Hi Gator I know you're mostly technical and probably fundamentals are less important in your trading approach, but is there anything fundamental in the horizon to suggest that 0.93xx is a potential target? Or is it purely from a technical point of view and would fundamentals follow in your view? E.g. Would you suggest the dollar index to start rising again under the influence of rate hikes? The euro to collapse in view of possible Greece issues?
i think usd will rise b4 94.64 to 101.52... tech wise is subjective too.. even fundi guys disagree on cause and effect or the amount of influence. so saying fundi wise it will do blank, is not necessarily true.
those who can, do. those who cant, talk about those who can
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