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The Really Useless Thread

  • #156,741
  • Nov 10, 2017 10:19am Nov 10, 2017 10:19am
Quoting gatorinla
{quote} watch 1656
What other fib levels are using plugging in outside the majors?
  • #156,742
  • Nov 10, 2017 10:20am Nov 10, 2017 10:20am
Quoting Boulder
{quote} Gator, are you planning any trades?
been long since 1565.. 1610 and 1623.. looking to see if it closes 1656 atm.. maybe in the last 10 min after 1649/50 touch
those who can, do. those who cant, talk about those who can
  • #156,743
  • Nov 10, 2017 10:22am Nov 10, 2017 10:22am
looks like it will close week + 1608.. bull side.. not sure about 1656 atm.. 8 min 2 go.
those who can, do. those who cant, talk about those who can
  • #156,744
  • Nov 10, 2017 10:24am Nov 10, 2017 10:24am
Quoting gatorinla
{quote} been long since 1565.. 1610 and 1623.. looking to see if it closes 1656 atm.. maybe in the last 10 min after 1649/50 touch
Gator, you are a iron-man.... not get shaken off by the noises..
  • #156,745
  • Edited 10:46am Nov 10, 2017 10:36am | Edited 10:46am
Quoting gatorinla
{quote} been long since 1565.. 1610 and 1623.. looking to see if it closes 1656 atm.. maybe in the last 10 min after 1649/50 touch
closed at 1660, not bearish in my book.. getting closer to that 1689 mid point of 2164/1215.. dar could bring 1693 still today, week war 1726.. still a chance to long on a pullback .. 1608/21 mabe some support later. i cant say, dont know.. to me its time to buy pullbacks.

yest 1638, 12 h 1646, not sure what level will launch it.. i lean to the fuse is lit for a bounce.. still have 1689 and 170x as unknown strength R.. with 1880 as normal as well as 2164.. also have 1215 as normal.. between 1215 and 2164 is 1689..
those who can, do. those who cant, talk about those who can
  • #156,746
  • Nov 10, 2017 10:52am Nov 10, 2017 10:52am
Quoting Boulder
{quote} Gator, you are a iron-man.... not get shaken off by the noises..
last week closed higher. i needed the days to close higher.. i just held portions since it started closing above 1581. then 1608 and 1638.. now 1556.. later 1560..
those who can, do. those who cant, talk about those who can
  • #156,747
  • Nov 10, 2017 10:59am Nov 10, 2017 10:59am
std.. later.. if nothing changes. not expecting more than a shallow pullback ( i may be wrong) because 1689 and 1705 may provide resistance .. if i am right a shallow pullback should lead to a hh.. to challenge 1689 and or 1705 area. continuing may bring 1880..

closing the week above 1656 is to me is like closing a few weeks back below 1705.. many times a strong move to follow.
those who can, do. those who cant, talk about those who can
  • #156,748
  • Nov 10, 2017 11:05am Nov 10, 2017 11:05am
Quoting gatorinla
std.. later.. if nothing changes. not expecting more than a shallow pullback ( i may be wrong) because 1689 and 1705 may provide resistance .. if i am right a shallow pullback should lead to a hh.. to challenge 1689 and or 1705 area. continuing may bring 1880.. closing the week above 1656 is to me like closing a few weeks back below 1705.. many times a strong move to follow.
Thanks Gator for the info.. I have more confidence keeping my longs.. will continue to buy the pullbacks if the price not closes below 1633 on the hour by my system .
  • #156,749
  • Nov 10, 2017 12:30pm Nov 10, 2017 12:30pm
Next week possible scenario
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A good trader follows his rules, but great trader knows when to break them
  • #156,750
  • Nov 10, 2017 1:06pm Nov 10, 2017 1:06pm
Quoting ill_be_back
Next week possible scenario {image}
15/1h/4h charts are bullish !
It is bullish to daily chart R !
Pretty much same view here !
  • #156,751
  • Edited 2:06pm Nov 10, 2017 1:09pm | Edited 2:06pm
Quoting Boulder
long 1652..
I have to say I can never be Gator... I don't have that kind of strength.. I chickened out at 1662...+10 . . all cash.. plan to continue making money next week.. ..wish you all have a great weekend..

Inserted Video
  • #156,752
  • Nov 10, 2017 3:33pm Nov 10, 2017 3:33pm
Quoting ill_be_back
Next week possible scenario {image}
During the last hours I finished an intensive analysis for the upcoming days.

I have two scenarios and yours is simliar to my No.1 and so one of them.
If it wins it could really lead us to Gatorīs 1880, if not 19xx. If not more, who can say that.

But donīt forget, this is not a gentle lift up.
Donīt think you can only buy and come back in three weeks and have 400 pips in the sack.
You would miss a lot of downtrend opportunities and would miss always buying lower during the different stages
And last but nor least, PA could always do something else that we do not expect. Otherwise we would all be millionaires in 4 weeks!!!
So always stay flexible and be ready to throw your opinions over board immediately if it turns out that you are completely wrong.

The second scenario is down in two bigger waves to 14xx.
This would be the way to 38.2 % Fibo and although this would be more natural I give it a smaller opportunity beacuse of the latest candle movements.
  • #156,753
  • Nov 10, 2017 4:19pm Nov 10, 2017 4:19pm
i got a 1659 close.. no surprise to see a 1660 gap.. hell even a lower one.. the week/ day closed higher on NY and London closes.

looks like baby steps till it passes 1689 and 1705 with a close. i see it as bullish, but it has to pass and close 1705 for traction. still could see 1621 again or 1615 again.. this weeks close is also above 1625.. 1625 is the same as 1826 was months back. both are month closes. 1625 is the lowest monthly close since 20xx.. today the week closed above. that makes mpp at 1701 more likely
those who can, do. those who cant, talk about those who can
  • #156,754
  • Nov 11, 2017 8:45am Nov 11, 2017 8:45am
can someone link me a Fibo Retracement indicator that shows the price to the pip at the levels major levels rather than only the levels? tired of manual entering them
  • #156,755
  • Nov 11, 2017 9:44am Nov 11, 2017 9:44am
Quoting Venomousssss
can someone link me a Fibo Retracement indicator that shows the price to the pip at the levels major levels rather than only the levels? tired of manual entering them
did you check in market? there are some free ones.. here is the link
https://www.mql5.com/en/market/mt4?F...o+Retracement+
  • #156,756
  • Nov 11, 2017 1:00pm Nov 11, 2017 1:00pm
found one thanks!
  • #156,757
  • Nov 11, 2017 1:02pm Nov 11, 2017 1:02pm
Gator, another interesting look..so many things to play with
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  • #156,758
  • Nov 11, 2017 2:21pm Nov 11, 2017 2:21pm
Quoting Venomousssss
Gator, another interesting look..so many things to play with {image}
Great!!!

So we could even go to 19 which I found by other methods ( not that I think we will) without violating the downtrend on a larger timeframe
BTW what value has 144.0 and 161.8?

And you know what I found out?
We will probably go higher on a monthly!!! (Muuuuch Muuuuch later )
Even more larger timeframe.
First we have to go deeper to 14 or 12 after the rise that will probably realize through the next days and weeks.
  • #156,759
  • Nov 12, 2017 5:29am Nov 12, 2017 5:29am
Quoting Venomousssss
Gator, another interesting look..so many things to play with {image}
so does october 13..wasnt it a friday the 13th? i wonder if it could reach 93.63 or eu 1880 monday the 13th..
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those who can, do. those who cant, talk about those who can
  • #156,760
  • Nov 12, 2017 6:01am Nov 12, 2017 6:01am
Quoting Boulder
{quote} Thanks Gator for the info.. I have more confidence keeping my longs.. will continue to buy the pullbacks if the price not closes below 1633 on the hour by my system .
the best i can do is go by the closes. i cant dispute it hasnt got above 1689 or 1705 yet, or if it will.

the usd did close last q below the lowest close in this cluster. if u go by the 50% rule. usd can drop further. the eu can go higher beyond the 2164 mark. 1880 is not much in the larger picture. lets keep watching the closes. they take a lot of bias out of it.

fundi wise the shrinking of the feds balance sheet should boost u.s. interest rates. it should force the usd to gain power. or at least that the accepted consensus by most experts. the closes need to align. the closes are the reality w/o much opinion. proof in the pudding w/o excuses. one can see the last few months have edged up on usd. i dont know if thats a new trend, or if the Q closing lower is a continuation of the trend, possibly making the usd have further room to drop. .

one can c the usd broke a double bottom, the Q followed sept with a Lower Q close. that broken floor is now acting as R on usd. that R on the usd is years old. the R the eu is encountering is much younger and smaller tf wise.
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those who can, do. those who cant, talk about those who can
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