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The Really Useless Thread

  • #153,721
  • Aug 14, 2017 1:34pm Aug 14, 2017 1:34pm
Quoting Angelina
{quote} My dad has big loss in the pass and he quit Forex I took over and I am ok now but my Parents does not trust Forex so they force me get something for backup! Another 4 years not that bad, will be done soon !
its easy to have a big loss. i have lost millions.. fortunately persistence or stupidity endures. b.e. is a life savor.. leave your ego behind in trading..
those who can, do. those who cant, talk about those who can
  • #153,722
  • Aug 14, 2017 1:38pm Aug 14, 2017 1:38pm
getting through the 60ties may be rough.. probably better than the 1860ties were for the nation.
Inserted Video
those who can, do. those who cant, talk about those who can
  • #153,723
  • Aug 14, 2017 1:45pm Aug 14, 2017 1:45pm
Quoting gatorinla
{quote} its easy to have a big loss. i have lost millions.. fortunately persistence or stupidity endures. b.e. is a life savor.. leave your ego behind in trading..
wow... I did not know that. Is this your first time saying that " you have lost millions"?
I think you've already made more than what you have lost before, right Gator?


Thank you anyway!
  • #153,724
  • Aug 14, 2017 1:53pm Aug 14, 2017 1:53pm
Quoting Angelina
{quote} wow... I did not know that. Is this your first time saying that " you have lost millions"? I think you've already made more than what you have lost before, right Gator? Thank you anyway!
it comes back... its like losing weight.. i know a lady who lost 100 pounds last year. she lost 5 pounds, then gained 6, then lost 6 , and gained back 5. and so forth.. the losses add up to 100 that year. but between some gains.. the trick is to finish the game ahead.
those who can, do. those who cant, talk about those who can
  • #153,725
  • Aug 14, 2017 1:57pm Aug 14, 2017 1:57pm
Quoting gatorinla
{quote} it comes back... its like losing weight.. i know a lady who lost 100 pounds last year. she lost 5 pounds, then gained 6, then lost 6 , and gained back 5. and so forth.. the losses add up to 100 that year. but between some gains.. the trick is to finish the game ahead.
The trick is "cut the loss before its getting worse"?
Not sure just guessing lol
  • #153,726
  • Aug 14, 2017 1:58pm Aug 14, 2017 1:58pm
Quoting Angelina
{quote} wow... I did not know that. Is this your first time saying that " you have lost millions"? I think you've already made more than what you have lost before, right Gator? Thank you anyway!
if it can get above 1793, u may get the entry of a wick at 1806
those who can, do. those who cant, talk about those who can
  • #153,727
  • Aug 14, 2017 2:00pm Aug 14, 2017 2:00pm
Quoting Angelina
{quote} The trick is "cut the loss before it gets worse"? Not sure just guessing lol
i try to put my entry near my stop loss.. if that makes sense. an example was 1848 last week
those who can, do. those who cant, talk about those who can
  • #153,728
  • Edited 2:17pm Aug 14, 2017 2:06pm | Edited 2:17pm
Quoting gatorinla
{quote} i try to put my entry near my stop loss.. if that makes sense. an example was 1848 last week
got the trick now
Yeah, if that spike gives up 2 more pips, you would set your SL at BE just couple mins after that lol
will look to see if it can pass 1797 again or not!
Asian opening or pre L open could help with spike sometimes!

I see this guy trade with out SL sometimes he got DD around 40-50% omg
  • #153,729
  • Aug 14, 2017 2:43pm Aug 14, 2017 2:43pm
Quoting Angelina
{quote} got the trick now Yeah, if that spike gives up 2 more pips, you would set your SL at BE just couple mins after that lol will look to see if it can pass 1797 again or not! Asian opening or pre L open could help with spike sometimes! I see this guy trade with out SL sometimes he got DD around 40-50% omg
the compounding on a smaller stop is astronomical... traders have to admit to themselves they are wrong. if one does this before taking the trade it will eliminate heartache somewhat. my trade is pending at X.. my s/l is X+a.. i often place a trade near Xa +2. Xa is usually a known SorR spot. i dont need 100 pips to tell me my trade is wrong for whatever reason
those who can, do. those who cant, talk about those who can
  • #153,730
  • Aug 14, 2017 2:48pm Aug 14, 2017 2:48pm
Quoting gatorinla
{quote} the compounding on a smaller stop is astronomical...
do you ever change lot size or always use the same position size?
  • #153,731
  • Aug 14, 2017 3:45pm Aug 14, 2017 3:45pm
Quoting kasper
{quote} do you ever change lot size or always use the same position size?
I think whenever he says long or short with small size which means half of normal size(not at best entry that he wants or he can add up another better price for another half). He usually use the same lot size if he just say long or short lol!
That is what I thought, I could be wrong lol, wait for his answer then! He is off now I guess !
  • #153,732
  • Aug 14, 2017 4:33pm Aug 14, 2017 4:33pm
Quoting kasper
{quote} do you ever change lot size or always use the same position size?
different.. i trade %.. a 5 pip s/l trade is much larger size than one with a 20 pip s/l in a example. 4x as much
those who can, do. those who cant, talk about those who can
  • #153,733
  • Aug 14, 2017 4:36pm Aug 14, 2017 4:36pm
tues day pp at 1804.. not far off 1806..ny eu closed at that same 1778 as London near to the pipet. both are lower than Friday close. and the 12 hour. i favor selling weak bounces, use caution on shorts near 176x till, ( i dont know that answer, i will remain short) because 1728 and 1545 are lower. it does have bounce potential 175x/176x.. hopefully we can get a week close sub 1752 or 1735
those who can, do. those who cant, talk about those who can
  • #153,734
  • Aug 14, 2017 5:13pm Aug 14, 2017 5:13pm
new day at 1778.. we got 82 pips pf potential adr. pp at 1804. take away 82 pip from it and we may see 172x..area. that fits 1728 attraction.. lower if 1784 held.
1860 the other way..
those who can, do. those who cant, talk about those who can
  • #153,735
  • Aug 14, 2017 5:36pm Aug 14, 2017 5:36pm
Quoting gatorinla
new day at 1778.. we got 82 pips pf potential adr. pp at 1804. take away 82 pip from it and we may see 172x..area. that fits 1728 attraction.. lower if 1784 held. 1860 the other way..
Hi,
I see the DPP at 1795 at dailyfx.com
Is that right?

https://www.dailyfx.com/pivot-points
  • #153,736
  • Aug 14, 2017 5:58pm Aug 14, 2017 5:58pm
Quoting Angelina
{quote} Hi, I see the DPP at 1795 at dailyfx.com Is that right? https://www.dailyfx.com/pivot-points
I have DPP at 1796
Beware of Draghi
  • #153,737
  • Aug 14, 2017 5:59pm Aug 14, 2017 5:59pm
Quoting Paolob
{quote} I have DPP at 1796
http://www.actionforex.com/markets/p...i-pivot-points
Beware of Draghi
  • #153,738
  • Aug 14, 2017 6:05pm Aug 14, 2017 6:05pm
Quoting Angelina
{quote} Hi, I see the DPP at 1795 at dailyfx.com Is that right? https://www.dailyfx.com/pivot-points
i see that.. sometimes those are wrong. u can check here... u can input your own info..http://www.pivotpointcalculator.com/

another sight,, http://www.livecharts.co.uk/Members/...rex_pivots.php
those who can, do. those who cant, talk about those who can
  • #153,739
  • Aug 14, 2017 6:25pm Aug 14, 2017 6:25pm
Quoting Angelina
{quote} Hi, I see the DPP at 1795 at dailyfx.com Is that right? https://www.dailyfx.com/pivot-points
think it can do 1795 in the next 2 hours?
those who can, do. those who cant, talk about those who can
  • #153,740
  • Aug 14, 2017 6:56pm Aug 14, 2017 6:56pm
Quoting gatorinla
{quote} if it ended up rolling a London close -1752, it probably would make 1728.. the mid number on the 12 h today and Friday L roll is 1779.5. its below that 1784 number. a close below 1784 is probably a sign. maybe a long/short setup using its close side. also 1767 may attract it.. it too is below 1784. this week bulls dont want Friday to close -1752. even a London day roll -1752 would look bearish
slowly but surely. its close to that 1763/55 supportish area. it may take a few tries. 15 min suggest 1783 b4 1747.. very st.. but dont count on it into 1763..
possible scalp entry s 1783 with 1784 R to help it
those who can, do. those who cant, talk about those who can
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