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The Really Useless Thread

  • #153,841
  • Edited 9:47am Aug 16, 2017 9:17am | Edited 9:47am
normal at 1763 now
Might retest the bottom 168ish again, dont know if it breaks down further or not, 1720/25 would be R now

Previous 1h candle was closed at 1695 with long tail, just worry that it might retest 172ish before retest the bottom!
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  • #153,842
  • Aug 16, 2017 9:41am Aug 16, 2017 9:41am
Quoting BlueCirrus
{quote} Think it might go up to your 1.1728 level before heading south...That's the UM of the early London sell-off leg... Edit: Looks like 1.1720 is all it could muster....
1724/28 is not prior to 1680/70. Its retrace after. Looking at that level again.
  • #153,843
  • Aug 16, 2017 9:45am Aug 16, 2017 9:45am
Sit out for shorts after FOMC...
  • #153,844
  • Aug 16, 2017 9:45am Aug 16, 2017 9:45am
Pending short at 1.760 sleep at 88. Only count in on a touch on that if fomc blows it up there this afternoon
  • #153,845
  • Aug 16, 2017 10:38am Aug 16, 2017 10:38am
I think FOMC either bring this pairs to 1666, 162ish/3ish or 175ish/176ish

The downside more favor, but short around 175ish/6ish is not bad either lol
  • #153,846
  • Aug 16, 2017 10:40am Aug 16, 2017 10:40am
closed lower.. .. still bearish.. Fomc statement could press it higher b4.. i dont know.. i am pulling the restrictions and moving my tp to 1547.5.. i dont plan on longing 1665 atm.. closed that pending.. my tp was missed earlier and my stop was missed.
those who can, do. those who cant, talk about those who can
  • #153,847
  • Aug 16, 2017 10:42am Aug 16, 2017 10:42am
1705 may become R.. that Lm is at 1706 to help. i moved my s/l to 1720. i also placed a pending short at 1766 again
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those who can, do. those who cant, talk about those who can
  • #153,848
  • Edited 11:01am Aug 16, 2017 10:48am | Edited 11:01am
Quoting gatorinla
1705 may become R.. that Lm is at 1706 to help. i moved my s/l to 1720. i also placed a pending short at 1766 again
Is it now at 1763 Gator?
We just got the new low there at 1680
You got 3 consec winning trades, more than 200 pips already I think, super !!!

  • #153,849
  • Aug 16, 2017 11:06am Aug 16, 2017 11:06am
Quoting gatorinla
1705 may become R.. that Lm is at 1706 to help. i moved my s/l to 1720. i also placed a pending short at 1766 again {image}
"If" this little m5 swing low holds, then equal upswings on the m5 is at....1.1728x.
Don't know if that August 4th low at 1728 is significant at this time, but it keeps coming up on my swing measurements.....
Might not mean a thing.....
  • #153,850
  • Aug 16, 2017 11:12am Aug 16, 2017 11:12am
gotta run.. i closed mine just now at 1697. std and i cant monitor charts .. i have a pending 1766... average weekly range is 167 pip.. 1680+167 is 1848. last Fridays high..its hit the average weekly range.
those who can, do. those who cant, talk about those who can
  • #153,851
  • Aug 16, 2017 11:19am Aug 16, 2017 11:19am
C-Ya Gator.....Nothing open or pending here until after FOMC....
  • #153,852
  • Aug 16, 2017 12:38pm Aug 16, 2017 12:38pm
1.17 35 now 13:35 ... seems we are headed towards 1.17 66 . . . .

  • #153,853
  • Aug 16, 2017 12:44pm Aug 16, 2017 12:44pm
yeah except now with how close we are to it pre fomc...bearish fomc could blow the roof off 66 area..
  • #153,854
  • Aug 16, 2017 1:21pm Aug 16, 2017 1:21pm
1.17 767 ...Looks bullish now... I won't attempt shorting. I ll try to buy.
  • #153,855
  • Aug 16, 2017 1:22pm Aug 16, 2017 1:22pm
catching the ass end of release.. R 1778 1784 1793. if it manages to get below 1732 this week, its probably no longer bullish. support now 1771 1755/52.. 1705. atm bears have the closes in their court. that could change.. if so u may get a long near 1732 or any of those supports when dust settles.
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those who can, do. those who cant, talk about those who can
  • #153,856
  • Aug 16, 2017 1:23pm Aug 16, 2017 1:23pm
Quoting F.g
1.17 767 ...Looks bullish now... I won't attempt shorting. I ll try to buy.
where are you trying to buy though? id expect some retracement from this movement to the 37 area
  • #153,857
  • Aug 16, 2017 1:26pm Aug 16, 2017 1:26pm
Quoting gatorinla
catching the ass end of release.. R 1778 1784 1793. if it manages to get below 1732 this week, its probably no longer bullish. support now 1771 1755/52.. 1705. atm bears have the closes in their court. that could change.. if so u may get a long near 1732 or any of those supports when dust settles. {image}
Gator, we have 1.1795x as the mid of the entire move down from 1.1909 and it's projected as the first target (150%).
Remember that UM I mentioned a couple of days ago at 1.1855 - now have it as the extended target (225)....
  • #153,858
  • Aug 16, 2017 1:27pm Aug 16, 2017 1:27pm
Quoting F.g
1.17 767 ...Looks bullish now... I won't attempt shorting. I ll try to buy.
i am short
those who can, do. those who cant, talk about those who can
  • #153,859
  • Aug 16, 2017 1:31pm Aug 16, 2017 1:31pm
Quoting gatorinla
{quote} i am short
Where did you set the SL
Beware of Draghi
  • #153,860
  • Aug 16, 2017 1:31pm Aug 16, 2017 1:31pm
Quoting gatorinla
{quote} i am short
Hope it works out.......Might consider shorting 1.1796 to 1.1801 for a retrace to 1.1720......
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