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The Really Useless Thread

  • #154,141
  • Aug 21, 2017 10:14pm Aug 21, 2017 10:14pm
Quoting gatorinla
. st has a dt.. a HH could set up 1842 (i cant long here, not meant as a recommendation to long here. it hasn't developed or made a hh...its meant for a short entry.. ).. i have R at 1826.x and 1841.. possible to squeeze a short in at 1842. with a tiny stop..

void this,, st made a LL canceling this
those who can, do. those who cant, talk about those who can
  • #154,142
  • Aug 21, 2017 10:16pm Aug 21, 2017 10:16pm
st may give a last short chance 1814/26
those who can, do. those who cant, talk about those who can
  • #154,143
  • Aug 21, 2017 11:45pm Aug 21, 2017 11:45pm
Quoting gatorinla
{quote} new day, a new adr to come.. adr over 10 weeks is 86 pips. it has gone to 96 pip average the last 3 weeks. it stopped about 97 pips monday. 1 adr can put it at 1920 or 1730 or somewhere between. the beauty of support and Resistance, the adr can help stops and tp. targets..
like this one
https://charts.mql5.com/15/948/eurus...g-point-of.png
don't predict direction, but dance with flow of water
  • #154,144
  • Aug 22, 2017 12:21am Aug 22, 2017 12:21am
yesterdays buyers are around that blue box, I am sure some buying happens there, probably back to that upper blue line

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1.png Size: 9 KB
  • #154,145
  • Aug 22, 2017 2:20am Aug 22, 2017 2:20am
Quoting gatorinla
st may give a last short chance 1814/26
target for this was 1786.. however 1779 has a great chance.. Rail road tracks 1734ish... atm between 1784 and 1793 description given yest
those who can, do. those who cant, talk about those who can
  • #154,146
  • Aug 22, 2017 2:26am Aug 22, 2017 2:26am
Quoting priceaction1
{quote} like this one {image}
is it a meta one?
those who can, do. those who cant, talk about those who can
  • #154,147
  • Aug 22, 2017 2:37am Aug 22, 2017 2:37am
Quoting gatorinla
{quote} target for this was 1786.. however 1779 has a great chance.. Rail road tracks 1734ish... atm between 1784 and 1793 description given yest
Hi Gator,
Final target is 1734 or should we book some around 178ish?
I see 1743 is normal
  • #154,148
  • Aug 22, 2017 2:47am Aug 22, 2017 2:47am
Quoting Angelina
{quote} Hi Gator, Final target is 1734 or should we book some around 178ish? I see 1743 is normal
its not a target.. its where London closed Friday. i am just speculating the world thought DT was losing it Friday. losing another cabinet member wasn't a sign of stability. the speech made him look somewhat sane again.
the week closed lower for both London and NY
those who can, do. those who cant, talk about those who can
  • #154,149
  • Aug 22, 2017 2:52am Aug 22, 2017 2:52am
Quoting gatorinla
{quote} its not a target.. its where London closed Friday. i am just speculating the world thought DT was losing it Friday. losing another cabinet member wasn't a sign of stability. the speech made him look somewhat sane again. the week closed lower for both London and NY
oh ok.
I think 177ish will give some retrace there!
1745 is 50 normal could give some retrace also.
But if it breaks daily closed below 1732, bear is still in control.
  • #154,150
  • Aug 22, 2017 2:56am Aug 22, 2017 2:56am
Quoting Angelina
{quote} oh ok. I think 177ish will give some retrace there! 1745 is 50 normal could be bounced and retest 1826 or make a HH to 184ish, not sure But if it breaks daily closed below 1732, bears is in control.
targeting -1545 still here..
those who can, do. those who cant, talk about those who can
  • #154,151
  • Aug 22, 2017 2:58am Aug 22, 2017 2:58am
Quoting gatorinla
{quote} targeting -1545 still here..
ur target was spot on. 1825 thats where it stopped. i dont think it will fall in a straight line though
  • #154,152
  • Aug 22, 2017 3:01am Aug 22, 2017 3:01am
unable to take 1784 last h, it did close below 1793... 1779 is a norm..
Attached Image
those who can, do. those who cant, talk about those who can
  • #154,153
  • Aug 22, 2017 3:04am Aug 22, 2017 3:04am
Quoting giveachance
{quote} ur target was spot on. 1825 thats where it stopped. i dont think it will fall in a straight line though
it will fall in a straight line if the target at -1545 is real.. i mean if adr is 95 pips.. and its not getting above 1826... those 95 pips are straight down,, and if so.. why not just close London below 1734 or 1705?
those who can, do. those who cant, talk about those who can
  • #154,154
  • Aug 22, 2017 3:12am Aug 22, 2017 3:12am
Quoting gatorinla
{quote} target for this was 1786.. however 1779 has a great chance.. Rail road tracks 1734ish... atm between 1784 and 1793 description given yest
here is your normal retrace. if i wanting to long, this would be the minimal place i would have waited for most times. just like this was minimal on this tf.. the same may be true with a 800 pip run on a larger one. ..
those who can, do. those who cant, talk about those who can
  • #154,155
  • Aug 22, 2017 3:15am Aug 22, 2017 3:15am
no buyers, should be bear day now
  • #154,156
  • Aug 22, 2017 3:15am Aug 22, 2017 3:15am
Quoting gatorinla
{quote} it will fall in a straight line if the target at -1545 is real.. i mean if adr is 95 pips.. and its not getting above 1826... those 95 pips are straight down,, and if so.. why not just close London below 1734 or 1705?
1764 and below would be enough to break its back. if it does hold 1764 rebound to 1806 is risked
  • #154,157
  • Aug 22, 2017 3:17am Aug 22, 2017 3:17am
Quoting juhanimi
no buyers, should be bear day now
this pair will surprise you day in and day out. don't expect a sudden turnaround of fortunes.
  • #154,158
  • Aug 22, 2017 3:17am Aug 22, 2017 3:17am
the beauty of closing near a good s/r. is the adr tells you your tp (if you chose to take it).. the close being on the s/r side gives you a close s/l... or the risk to reward. it gives one a good opportunity to set a b.e. also..
those who can, do. those who cant, talk about those who can
  • #154,159
  • Aug 22, 2017 3:21am Aug 22, 2017 3:21am
Quoting giveachance
{quote} 1764 and below would be enough to break its back. if it does hold 1764 rebound to 1806 is risked
definitely some ding and swing. but b4 that 24 h period closes, the average range happens most often.. sometimes less, sometimes more.. what happens between is not part of using the 24 h average. its noise to this method..
those who can, do. those who cant, talk about those who can
  • #154,160
  • Aug 22, 2017 3:25am Aug 22, 2017 3:25am
some support 1748/60

1748 being week L pp

1734 being week close and about 93 pips of adr.. best chance for bounce 1734... but a L close below would weaken or stop the bounce.. even more bearish below 1705 with L close -1705
those who can, do. those who cant, talk about those who can
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