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The Really Useless Thread

  • #154,521
  • Sep 1, 2017 7:00am Sep 1, 2017 7:00am
Quoting Boulder
{quote} will cover my shorts at 1825, yesterday low in a day or two..
be careful if it closes 1875 or higher in 1.5 h
those who can, do. those who cant, talk about those who can
  • #154,522
  • Sep 1, 2017 7:02am Sep 1, 2017 7:02am
dragis and NFP bad numbers erased..
those who can, do. those who cant, talk about those who can
  • #154,523
  • Sep 1, 2017 7:03am Sep 1, 2017 7:03am
Quoting gatorinla
{quote} i bought
Hi Gator are you still long?
  • #154,524
  • Edited 11:35am Sep 1, 2017 7:10am | Edited 11:35am
Quoting gatorinla
{quote} be careful if it closes 1875 or higher in 1.5 h
according to cot report this week.. hedge funds started to accumulate $$.. . I just closed half shorts in 1850s.. the rest will be in1825s... not afraid of being shorts....
  • #154,525
  • Sep 1, 2017 7:11am Sep 1, 2017 7:11am
Quoting pips-scout
{quote} Hi Gator are you still long?
yes. but looking to close if L doesn't roll 1875+
those who can, do. those who cant, talk about those who can
  • #154,526
  • Sep 1, 2017 7:16am Sep 1, 2017 7:16am
Quoting Boulder
{quote} according to cot report this week.. hedge funds start accumulated $$.. . I just closed half shorts in 1850s.. the rest will be in1825s... not afraid of being shorts....
good trade..
those who can, do. those who cant, talk about those who can
  • #154,527
  • Sep 1, 2017 9:37am Sep 1, 2017 9:37am
I think it is bearish now, could drop in the last couple hours!
most small tf charts are saying that but 4h chart has many S just around 176ish-182ish, bears need to break those levels either today or next week then bears will take full control!
But 1661 is strong S on daily tf!
Keep eyes at that level then
1878 atm

I should catch that spike and wait for 1h closes
  • #154,528
  • Sep 1, 2017 12:27pm Sep 1, 2017 12:27pm
Quoting Angelina
I think it is bearish now, could drop in the last couple hours! most small tf charts are saying that but 4h chart has many S just around 176ish-182ish, bears need to break those levels either today or next week then bears will take full control! But 1661 is strong S on daily tf! Keep eyes at that level then 1878 atm I should catch that spike and wait for 1h closes
i kept 1/2 my trade open.. this one is peculiar.. a HH, a H month close. In a bullish trend. Yet the week didnt hold or the day. what bothers me, is. the bulls didnt hold Dragis speech or a worse than expected NFP. i look to buy the dips.. u could say 1865 was a norm. its just that after, it didnt close above 1875.. hopefully NY will..
those who can, do. those who cant, talk about those who can
  • #154,529
  • Sep 1, 2017 12:49pm Sep 1, 2017 12:49pm
Quoting gatorinla
{quote} i kept 1/2 my trade open.. this one is peculiar.. a HH, a H month close. In a bullish trend. Yet the week didnt hold or the day. what bothers me, is. the bulls didnt hold Dragis speech or a worse than expected NFP. i look to buy the dips.. u could say 1865 was a norm. its just that after, it didnt close above 1875.. hopefully NY will..
Its failed to hold Dragis speech level! That is what I was thinking Gator
News came out worse than expected but it still pull back lower, conclusion is the market wants a reversal, turn to bearish!

Remember that in March, when the market wants to go up, we got the rate hike but its spiked up almost 100 pips and completed 150 pips for that day!
I think bears is not easy to take full control right away, we have many S from 177ish to 186ish.

std
catch you later, have a great weekend !!!
  • #154,530
  • Sep 1, 2017 4:11pm Sep 1, 2017 4:11pm
Quoting Boulder
{quote} ECB doesn't want EU higher, comments one after another when approaching 1.20..... plus institutions start buying $ this week per COT report....
Mind to check if there is any website that published COT report?
  • #154,531
  • Sep 1, 2017 4:30pm Sep 1, 2017 4:30pm
Quoting goldgirl
{quote} Mind to check if there is any website that published COT report?
https://www.barchart.com/futures/com...al-charts/E6*0

but remember by the time its released, its already a bit out of date, but still can useful
Its all just one persons opinion
  • #154,532
  • Sep 1, 2017 9:15pm Sep 1, 2017 9:15pm
Quoting goldgirl
{quote} Mind to check if there is any website that published COT report?
you can find U.S. DOLLAR INDEX - ICE FUTURES U.S. (U.S. DOLLAR INDEX X $1000)

under the website

http://www.cftc.gov/dea/futures/financial_lf.htm
  • #154,533
  • Sep 1, 2017 9:27pm Sep 1, 2017 9:27pm
on daily chart we have evening star formation. ref https://www.forexfactory.com/showthr...3#post10241903
she retest 1.1980 area too. https://www.forexfactory.com/showthr...6#post10242026
I have bearish bias.
Attached Image (click to enlarge)
Click to Enlarge Name: 8877.png Size: 49 KB
don't predict direction, but dance with flow of water
  • #154,534
  • Sep 1, 2017 9:36pm Sep 1, 2017 9:36pm
1.1680 and 1.1450 areas of interest.

https://charts.mql5.com/16/45/eurusd...g-point-of.png
don't predict direction, but dance with flow of water
  • #154,535
  • Sep 2, 2017 1:20am Sep 2, 2017 1:20am
Quoting axecap
{quote} https://www.barchart.com/futures/com...al-charts/E6*0 but remember by the time its released, its already a bit out of date, but still can useful
Thanks. I had checked tat out already. It is pretty accurate on a higher timeframe like one week. But in a week, the pips range could be at a 200-400 hundreds. Positions need to be very small to play. Unless u have subscribed and get a daily report.
  • #154,536
  • Sep 2, 2017 1:28am Sep 2, 2017 1:28am
Quoting Boulder
{quote} you can find U.S. DOLLAR INDEX - ICE FUTURES U.S. (U.S. DOLLAR INDEX X $1000) under the website http://www.cftc.gov/dea/futures/financial_lf.htm
I note that asset managers are mainly long Euro last week. This is at relatively quite high level. Would it mean bearish Euro next week?
  • #154,537
  • Sep 2, 2017 2:54am Sep 2, 2017 2:54am
Quoting goldgirl
{quote} Mind to check if there is any website that published COT report?
Futures daily sentiment is better, COT is usefull but for long term.
COT: The precious data ignored
  • #154,538
  • Sep 3, 2017 1:56am Sep 3, 2017 1:56am
Quoting kuroro001
{quote} Futures daily sentiment is better, COT is usefull but for long term.
Yeah.. Should you trade near term time frame, I think need to look at H4 revolution.
  • #154,539
  • Sep 3, 2017 2:07am Sep 3, 2017 2:07am
NFP was supposed to be positive ,why market begins with opposite of what is expected,the market is very cruel? USDCHF started short ,anyone has any thing to add to this?
  • #154,540
  • Sep 3, 2017 8:45am Sep 3, 2017 8:45am
Quoting Angelina
{quote} Its failed to hold Dragis speech level! That is what I was thinking Gator News came out worse than expected but it still pull back lower, conclusion is the market wants a reversal, turn to bearish! Remember that in March, when the market wants to go up, we got the rate hike but its spiked up almost 100 pips and completed 150 pips for that day! I think bears is not easy to take full control right away, we have many S from 177ish to 186ish. std catch you later, have a great weekend !!!
Ny didnt hold either.. lots of conflict in charts now. week and day are showing it may retrace. the inability to hold 1901 177x are normally a rejection, in the bullish view, its a HH and a higher monthly close. its reached the 1865 mid since high. it did miss 1744 b4 1993.. i dont know where its going. i can see it rejected 1901 and those 187x levels on close.

on the other hand bears dipped below 1826, then were unable to close below (day/week). this too may be a rejection. i dont know for sure. if 1826 was rejected, then it may go higher (thats the trend). i just dont like that 1901 and 187x were rejected on a week close. im still hold a open pending 1.2166 short. still long for 1.2166. definitely not comfortable with those closes -187x.
those who can, do. those who cant, talk about those who can
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