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The Really Useless Thread

  • #156,761
  • Nov 12, 2017 6:17am Nov 12, 2017 6:17am
I also see last Friday, 10Y went up 2.4..it didn't help Dollar either... I don't think the institution is ready to jump in dollar long yet... more fall maybe coming... Of course I have to look COT report this week on Monday to find out..... tax reform may help dollar.. we all know how difficult that is to pass through..so Euro has time and room to go up..
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  • #156,762
  • Nov 12, 2017 7:17pm Nov 12, 2017 7:17pm
Long some @1647 from this drop...currently uptrend stop 1634 at hour close....two Rs ahead 1675, 1690..
  • #156,763
  • Nov 12, 2017 10:57pm Nov 12, 2017 10:57pm
Very bullish Euro this week I see
rat
  • #156,764
  • Nov 12, 2017 11:17pm Nov 12, 2017 11:17pm
not sure if 1.1693 has been played or not, but I guess I'll try leaning on it next time up, revised my next good R to 1.1763 now....
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Look Sharp/Trade Tight
  • #156,765
  • Nov 12, 2017 11:59pm Nov 12, 2017 11:59pm
Quoting PayTheLimit
not sure if 1.1693 has been played or not, but I guess I'll try leaning on it next time up, revised my next good R to 1.1763 now.... {image}
1705/1717 could also offer some good R.
  • #156,766
  • Nov 13, 2017 12:02am Nov 13, 2017 12:02am
Quoting Venomousssss
{quote} 1705/1717 could also offer some good R.
agree, as well as 1729/32...but I cant trade them all...
Look Sharp/Trade Tight
  • #156,767
  • Nov 13, 2017 12:42am Nov 13, 2017 12:42am
Pending BUY
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A good trader follows his rules, but great trader knows when to break them
  • #156,768
  • Nov 13, 2017 12:59am Nov 13, 2017 12:59am
Quoting ill_be_back
Pending BUY {image}
strange entry for a buy
rat
  • #156,769
  • Nov 13, 2017 1:42am Nov 13, 2017 1:42am
@1.1610 area
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don't predict direction, but dance with flow of water
  • #156,770
  • Nov 13, 2017 1:59am Nov 13, 2017 1:59am
see some small S's at 1628 and 1603
Look Sharp/Trade Tight
  • #156,771
  • Nov 13, 2017 3:45am Nov 13, 2017 3:45am
Downtrend was triggered 2 hours ago after it closed below 1641. At 4am est., down trend stop 1668 at hour close
  • #156,772
  • Nov 13, 2017 4:05am Nov 13, 2017 4:05am
Quoting Boulder
Downtrend was triggered 2 hours ago after it closed below 1641. At 4am est., down trend stop 1668 at hour close
Excuse my stupidity....but the "Trends" starts and stops in couple of hours and has a range of 20 pips...Are you saying that within a day we can have several up and down trends....???
Whatever happened to price gyration in a longer term trends.....
But now i know that Trend is not my friend ....because there is a bend at the end of every few hours...
  • #156,773
  • Nov 13, 2017 4:16am Nov 13, 2017 4:16am
Quoting NMZee
{quote} Excuse my stupidity....but the "Trends" starts and stops in couple of hours and has a range of 20 pips...Are you saying that within a day we can have several up and down trends....??? Whatever happened to price gyration in a longer term trends..... But now i know that Trend is not my friend ....because there is a bend at the end of every few hours...
No, my system is based on hour close.. the last up trend last 49 hours....so this down trend may last some time , a day or two ....this is what I use for my short term scalp trading.. which is more right than wrong .. I seldom hold positions over a day..... you can use the info as reference .. or disregard it.... hope my info is helpful...

If bears can hold 1668 at hour close, the downtrend will continue..
  • #156,774
  • Nov 13, 2017 5:14am Nov 13, 2017 5:14am
Quoting PayTheLimit
see some small S's at 1628 and 1603
1628 looks decent...for a quick flip perhaps...
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Look Sharp/Trade Tight
  • #156,775
  • Nov 13, 2017 5:52am Nov 13, 2017 5:52am
Difficult PA Movement today. Only 8 pips so far.
Hope that NY will bring more clarity
  • #156,776
  • Edited 6:23am Nov 13, 2017 5:56am | Edited 6:23am
Quoting CandleStar
Difficult PA Movement today. Only 8 pips so far. Hope that NY will bring more clarity
took short here at 1650...will add more if 1668 holds .... no news. prob not much action today...hope London fix will give some excitement....

added 57.. pending 60, 65, if we can get there.
  • #156,777
  • Nov 13, 2017 6:03am Nov 13, 2017 6:03am
I still favor longs into 1696-1698 before pullback. Could be terribly wrong though
  • #156,778
  • Nov 13, 2017 6:29am Nov 13, 2017 6:29am
keep an eye on S&Ps and the yen....just a feeling...
Look Sharp/Trade Tight
  • #156,779
  • Nov 13, 2017 6:39am Nov 13, 2017 6:39am
here's one for Gator....

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Look Sharp/Trade Tight
  • #156,780
  • Nov 13, 2017 6:40am Nov 13, 2017 6:40am
Quoting PayTheLimit
keep an eye on S&Ps and the yen....just a feeling...
yep.. Kuroda speaks in two hours..will impact Yen..
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