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The Really Useless Thread

  • #154,601
  • Sep 5, 2017 7:16pm Sep 5, 2017 7:16pm
finally got a 1h close above 1920
those who can, do. those who cant, talk about those who can
  • #154,602
  • Sep 5, 2017 10:39pm Sep 5, 2017 10:39pm
although above the month at 1901.. the 12h closed below the last L day 1916.. it did close above the NFP level
those who can, do. those who cant, talk about those who can
  • #154,603
  • Sep 6, 2017 8:02am Sep 6, 2017 8:02am
https://www.forexfactory.com/attachm...1&d=1504653874 hour to go. after news, pa is probably not bearish closing L day 1916+
those who can, do. those who cant, talk about those who can
  • #154,604
  • Sep 6, 2017 9:03am Sep 6, 2017 9:03am
Quoting gatorinla
https://www.forexfactory.com/attachm...1&d=1504653874 hour to go. after news, pa is probably not bearish closing L day 1916+
it touched 1916.. lets c if it holds now,
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 18 KB
those who can, do. those who cant, talk about those who can
  • #154,605
  • Sep 6, 2017 9:20am Sep 6, 2017 9:20am
i closed my long.. getting back below 1923 often means a drop
those who can, do. those who cant, talk about those who can
  • #154,606
  • Sep 6, 2017 9:25am Sep 6, 2017 9:25am
Quoting gatorinla
i closed my long.. getting back below 1923 often means a drop
maybe a bounce to 1928 b4 190x.. out for now with big news tomorrow.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 16 KB
those who can, do. those who cant, talk about those who can
  • #154,607
  • Sep 6, 2017 9:47am Sep 6, 2017 9:47am
1 min.. after almost a week of stalking this long.. i closed ... 1923 scared me as a possible capitulation drop. i took a small short 1934x.. all my closes are still bullish..
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 14 KB
those who can, do. those who cant, talk about those who can
  • #154,608
  • Sep 6, 2017 10:12am Sep 6, 2017 10:12am
Quoting gatorinla
1 min.. after almost a week of stalking this long.. i closed ... 1923 scared me as a possible capitulation drop. i took a small short 1934x.. all my closes are still bullish.. {image}
Where is your stop at?
Beware of Draghi
  • #154,609
  • Sep 6, 2017 10:15am Sep 6, 2017 10:15am
Quoting gatorinla
1 min.. after almost a week of stalking this long.. i closed ... 1923 scared me as a possible capitulation drop. i took a small short 1934x.. all my closes are still bullish.. {image}
also shorted at 1940s, will TP 1930 ,, close all for tomorrow,,
  • #154,610
  • Sep 6, 2017 10:19am Sep 6, 2017 10:19am
Quoting gatorinla
1 min.. after almost a week of stalking this long.. i closed ... 1923 scared me as a possible capitulation drop. i took a small short 1934x.. all my closes are still bullish.. {image}
Will you enter long @ 1.1901 ?
  • #154,611
  • Sep 6, 2017 10:31am Sep 6, 2017 10:31am
Quoting gatorinla
1 min.. after almost a week of stalking this long.. i closed ... 1923 scared me as a possible capitulation drop. i took a small short 1934x.. all my closes are still bullish.. {image}
closed -10... L close looks to be higher. i didnt wait for it to close. just in case b4 tomorrow's big news day. i placed pending longs below 1901 support.. 1875 and 1869. i saw something concerning 1923. it didnt work out.. closes are bullish across the board. the usdx may be bottoming. i still have a pending short 1.2166
those who can, do. those who cant, talk about those who can
  • #154,612
  • Sep 6, 2017 11:21am Sep 6, 2017 11:21am
Quoting Boulder
{quote} also shorted at 1940s, will TP 1930 ,, close all for tomorrow,,
all out at 1930.. sit out for tomorrow..
  • #154,613
  • Sep 6, 2017 8:00pm Sep 6, 2017 8:00pm
Quoting gatorinla
{quote} closed -10... L close looks to be higher. i didnt wait for it to close. just in case b4 tomorrow's big news day. i placed pending longs below 1901 support.. 1875 and 1869. i saw something concerning 1923. it didnt work out.. closes are bullish across the board. the usdx may be bottoming. i still have a pending short 1.2166
1923 still bothers me.. still out.. changing my pending longs to 1864+1... some support 1863ish...all my closes are indicating bullish...
those who can, do. those who cant, talk about those who can
  • #154,614
  • Sep 6, 2017 8:57pm Sep 6, 2017 8:57pm
Quoting gatorinla
{quote} 1923 still bothers me.. still out.. changing my pending longs to 1864+1... some support 1863ish...all my closes are indicating bullish...
Can you explain what you see @1923 ?
  • #154,615
  • Sep 6, 2017 9:47pm Sep 6, 2017 9:47pm
Quoting mseaz9
{quote} Can you explain what you see @1923 ?
after news release it dipped back below that h open 1923. the next 30min (or 1h on London tf} closed below 1923. that lead me to acknowledge it was a negative response. it was held up by the second rung to 2166, (1908)and other things like 1920/1901 ect. 1920 did a similar thing. the pair dipping below 1923 isnt a sign of strength to me. the closes are bullish.. but we didnt hit a adr in days.. i do expect 1.2166 norm to be hit. that 1923 situation has me less confident in a bullish run to 1.2166 w/o a dip b4.. so i closed my long when this occurred. it makes me more cautious to long atm. even with the closes being bullish. the first rung for 1.2166 is 1863.. i got a valid little bear probably lying targeting 1864.

had the london month close (1901} been above 1923.. i am pretty confident it would of had a wtf type drop. i still dont rule a delayed one out b4 tomorrow's news events or during one, with just a little positive usd news. usdx is testing support.
those who can, do. those who cant, talk about those who can
  • #154,616
  • Sep 6, 2017 10:58pm Sep 6, 2017 10:58pm
Quoting gatorinla
{quote} after news release it dipped back below that h open 1923. the next 30min (or 1h on London tf} closed below 1923. that lead me to acknowledge it was a negative response. it was held up by the second rung to 2166, (1908)and other things like 1920/1901 ect. 1920 did a similar thing. the pair dipping below 1923 isnt a sign of strength to me. the closes are bullish.. but we didnt hit a adr in days.. i do expect 1.2166 norm to be hit. that 1923 situation has me less confident in a bullish run to 1.2166 w/o a dip b4.. so i closed my long when this...
Thanx for the reply...

Well I got 1 @ 1867 .I dunno if you look at trend lines..but I use to trade a lot of trend line breaks near round number (entry around X.XX15) and the hourly up trend could break ST and more often then not it would hit X.XX67 and test break point then fall further of resume uptrend. I kept the short open from 1.1941 till now its done exactly what I observed in the past ... (Today)Rejection below XX56 , XX48 , XX36 ,XX28 . So here's hoping we get a drop to 1.186X .
  • #154,617
  • Sep 7, 2017 4:54am Sep 7, 2017 4:54am
possible gartley.

Attached Image (click to enlarge)
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  • #154,618
  • Sep 7, 2017 6:22am Sep 7, 2017 6:22am
Quoting gatorinla
{quote} after news release it dipped back below that h open 1923. the next 30min (or 1h on London tf} closed below 1923. that lead me to acknowledge it was a negative response. it was held up by the second rung to 2166, (1908)and other things like 1920/1901 ect. 1920 did a similar thing. the pair dipping below 1923 isnt a sign of strength to me. the closes are bullish.. but we didnt hit a adr in days.. i do expect 1.2166 norm to be hit. that 1923 situation has me less confident in a bullish run to 1.2166 w/o a dip b4.. so i closed my long when this...
i didnt get an entry... rungs to 2166 look like this atm. i missed the dip to enter. what its doing now was my plan up until what happened with 1923 yesterday. 1994 is the st mid point to 2166. long term 1891 is the last rung b4 2166. monday the plan was to tp 1994 and maybe sell to retrace 1908 to buy again. 1908 has some backing for support at 1901. on monday 1994 would have been used with adr as a exhaustion move. today that's different. adr here has more room above 1994. not much, but some.. adr has been null this week.. today can add the last few days missed adr.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 31 KB
those who can, do. those who cant, talk about those who can
  • #154,619
  • Sep 7, 2017 6:46am Sep 7, 2017 6:46am
old plan was like this. using the adr for help. to push it back down to about 1908 again, b4 up. using 1901 as support to help coax a bounce
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 30 KB
those who can, do. those who cant, talk about those who can
  • #154,620
  • Sep 7, 2017 7:18am Sep 7, 2017 7:18am
Will try short gu @ 3158
I posted the long term reason before.
reason is its a decision point to be tested.

Attached Image (click to enlarge)
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zooming out to 4h chart we see the same happened before in this tf.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 33 KB
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