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The Really Useless Thread

  • #153,161
  • Jul 31, 2017 7:33am Jul 31, 2017 7:33am
Quoting gatorinla
{quote} month's end..
They've left whole thing for NY I guess... watching...
  • #153,162
  • Jul 31, 2017 7:43am Jul 31, 2017 7:43am
Quoting gatorinla
{quote} it dont matter what i think. its not giving evidence of pulling back. it did miss 1.2 and even higher on the way down. its not giving any sign of dropping.. i am just trading against the hour atm not closing 1755+last h, because its the beginning of the week and the end of July..
Hi Gator,
Could you please elaborate on "it did miss 1.2 and even higher on the way down"?
you mentioned this many times in your posts. Does that weekly gap on the way down give the level any significance/insignificance? And why so?
  • #153,163
  • Jul 31, 2017 8:14am Jul 31, 2017 8:14am
Quoting gatorinla
{quote} well, i can scratch that.. the last h closed above 1755. i am still short due to 1755 is so close to high.. and its the end of july. it looks bullish. but 1/2 of 1400 pips is 700, its larger than a hh.
Just got back
I am waiting for a break the channel to confirm the short!
It could rally up to 18xx but I think it will be ranging until NFC
You got perfect short entry!
I'd like to short around 1857(50) or 1877(161.8)
Still bullish looking but short is better idea than long in the next couple week I think!
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  • #153,164
  • Jul 31, 2017 2:37pm Jul 31, 2017 2:37pm
Quoting gatorinla
{quote} i thought i could cock block bulls enough to get 1708 st against 1755 (so i would just lower stops if it went my way). . and just maybe have a footing to 1650/42 with month's end and nfp.. (than just watch and move stop lower if those 700 started to gain theory)
tried to post this 30 min ago, but FF was down. b.e. hit... a possible long on a 1713 retrace may develop. still strong bull looking.. st 1902+ ish may be sought. but buying here at high is not my thing. maybe 1713 ish will look better. its above the 1755 (week close support/r).. with some possible 1784/85 support. using 1902 may put 1839 as a 1/4 point.. some resistance may be at 1839 and 1846...
those who can, do. those who cant, talk about those who can
  • #153,165
  • Jul 31, 2017 2:50pm Jul 31, 2017 2:50pm
Quoting ws121
{quote} Hi Gator, Could you please elaborate on "it did miss 1.2 and even higher on the way down"? you mentioned this many times in your posts. Does that weekly gap on the way down give the level any significance/insignificance? And why so?
1.2178 .. and even 1.418x... not much to say. the drop a few years back broke a low w/o retracing a minimal normal amount since.
on the 1.418x one, 1891 is a level.
those who can, do. those who cant, talk about those who can
  • #153,166
  • Jul 31, 2017 3:08pm Jul 31, 2017 3:08pm
Quoting gatorinla
{quote} 1.2178 .. and even 1.418x... not much to say. the drop a few years back broke a low w/o retracing a minimal normal amount since. on the 1.418x one, 1891 is a level.
testing near 1839/46 atm.. if it drops it may give a entry b4 reaching 1902.. if so, entry may be 1713/1649
those who can, do. those who cant, talk about those who can
  • #153,167
  • Jul 31, 2017 6:25pm Jul 31, 2017 6:25pm
Quoting gatorinla
{quote} tried to post this 30 min ago, but FF was down. b.e. hit... a possible long on a 1713 retrace may develop. still strong bull looking.. st 1902+ ish may be sought. but buying here at high is not my thing. maybe 1713 ish will look better. its above the 1755 (week close support/r).. with some possible 1784/85 support. using 1902 may put 1839 as a 1/4 point.. some resistance may be at 1839 and 1846...
this would be the last quarter b4 1902. this would be a st pa. so u have to give it some chance. but its still counter. using it gives a lower entry for 1902 at or below the 1713, til 1649. with some past support at 1650.. but its bullish, so it may not be pretty. its free to wait for a possible lower chance at 1713/1650
those who can, do. those who cant, talk about those who can
  • #153,168
  • Jul 31, 2017 6:45pm Jul 31, 2017 6:45pm
Quoting gatorinla
{quote} testing near 1839/46 atm.. if it drops it may give a entry b4 reaching 1902.. if so, entry may be 1713/1649
1784 is now probably a major area now for Larger closes. ny rolled with HH in that 1839/46 area. 1784 and 1755 being above 1713, dont make it easy.
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those who can, do. those who cant, talk about those who can
  • #153,169
  • Edited 12:47am Aug 1, 2017 12:01am | Edited 12:47am
Quoting Angelina
{quote} Just got back I am waiting for a break the channel to confirm the short! It could rally up to 18xx but I think it will be ranging until NFC You got perfect short entry! I'd like to short around 1857(50) or 1877(161.8) Still bullish looking but short is better idea than long in the next couple week I think! {image}
Pending short just below 1884(27)) and long just above 1750(25)
  • #153,170
  • Aug 1, 2017 8:35am Aug 1, 2017 8:35am
Quoting Angelina
{quote} Pending short just below 1884(27)) and long just above 1750(25)
i got one pending at 1840, missed that little 1832 spike hours ago. using 1840 against the 1846+2 as stop. i do think 1825/26 is getting a visit. and 1825 ish may be a strong s/r later. since its under it atm, i have it as R. also 1841. 1825 strength unknown atm.. but later it may harden.. 1825 untested atm...
those who can, do. those who cant, talk about those who can
  • #153,171
  • Aug 1, 2017 8:54am Aug 1, 2017 8:54am
Quoting Angelina
{quote} Pending short just below 1884(27)) and long just above 1750(25)
on the month charts since 2001. they will show some stall 17xx/185x ish area.
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those who can, do. those who cant, talk about those who can
  • #153,172
  • Aug 1, 2017 9:08am Aug 1, 2017 9:08am
Quoting gatorinla
{quote} i got one pending at 1840, missed that little 1832 spike hours ago. using 1840 against the 1846+2 as stop. i do think 1825/26 is getting a visit. and 1825 ish may be a strong s/r later. since its under it atm, i have it as R. also 1841. 1825 strength unknown atm.. but later it may harden.. 1825 untested atm...
took it manual. s 1833. i need the closes to start below 1825 or i will get stopped out..
those who can, do. those who cant, talk about those who can
  • #153,173
  • Aug 1, 2017 9:14am Aug 1, 2017 9:14am
Quoting gatorinla
{quote} took it manual. s 1833. i need the closes to start below 1825 or i will get stopped out..
only got to 1838.x. (it missed the pending 1840). still in s/o danger. but with closes below 1825 that should reduce. i wanted my trade to be above 1826, in case it went my way. it would help my stop being above 1826
Attached Image
those who can, do. those who cant, talk about those who can
  • #153,174
  • Aug 1, 2017 9:27am Aug 1, 2017 9:27am
Quoting gatorinla
{quote} took in manual. s 1833. i need the closes to start below 1825 or i will get stopped out..
Yeah Gator,
I got it at 1832. I set Sl at 1849, just in case a 20-30 pips spike(I think my broker offers me wider spreads then yours so I set it 1 pip higher) .
I think it will visit at least 1785 or even 1750 area before another leg up or go further down!
Waiting for 1h close, if below 1815, I think we are good to hold, otherwise, wait for it hits SL then.
Overall trend is still bullish !!!
Attached Image
  • #153,175
  • Aug 1, 2017 9:39am Aug 1, 2017 9:39am
Quoting Angelina
{quote} Yeah Gator, I got it at 1832. I set Sl at 1849, just in case a 20-30 pips spike(I think my broker offers me wider spreads then yours so I set it 1 pip higher) . I think it will visit at least 1785 or even 1750 area before another leg up or go further down! Waiting for 1h close, if below 1815, I think we are good to hold, otherwise, wait for it hits SL then. Overall trend is still bullish !!! {image}
if london rolls below 1825 i will hold. above 1826 and it may test 1841. in 50 min. i had thought it would be a long wick in my favor if i was right. dono atm
those who can, do. those who cant, talk about those who can
  • #153,176
  • Edited 9:57am Aug 1, 2017 9:46am | Edited 9:57am
Quoting gatorinla
{quote} on the month charts since 2001. they will show some stall 17xx/185x ish area. {image}
Gator, looks like 1h closes below 1815, looking good for this trade so far!

On the monthly chart, the normal retrace support now should move to 11xx area.
But I think 1845 is not top yet for for up side. We still have HH and need double top or monthly doji candle or something like that!
How do you think?
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  • #153,177
  • Aug 1, 2017 9:48am Aug 1, 2017 9:48am
its approaching 1784/85,, a possible support.of some type.. strength unknown ... i got my wick on 3h..
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those who can, do. those who cant, talk about those who can
  • #153,178
  • Aug 1, 2017 9:51am Aug 1, 2017 9:51am
Quoting gatorinla
its approaching 1789,, a possible support.of some type.. strength unknown ... i got my wick on 3h.. {image}
1784 is normal support for the rise from 1722 to 1845, hope that we will see a break below 1751 or 1722 is even better before London open
I think it is time to move SL to B.E
  • #153,179
  • Aug 1, 2017 9:54am Aug 1, 2017 9:54am
Quoting gatorinla
{quote} tried to post this 30 min ago, but FF was down. b.e. hit... a possible long on a 1713 retrace may develop. still strong bull looking.. st 1902+ ish may be sought. but buying here at high is not my thing. maybe 1713 ish will look better. its above the 1755 (week close support/r).. with some possible 1784/85 support. using 1902 may put 1839 as a 1/4 point.. some resistance may be at 1839 and 1846...
dead in its tracks atm...1784/85
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those who can, do. those who cant, talk about those who can
  • #153,180
  • Aug 1, 2017 9:56am Aug 1, 2017 9:56am
Quoting Angelina
{quote} 1784 is normal support for the rise from 1722 to 1845, hope that we will see a break below 1751 or 1722 is even better before London open I think it is time to move SL to B.E
its L weeks close.
those who can, do. those who cant, talk about those who can
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