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The Really Useless Thread

  • #156,861
  • Nov 13, 2017 11:35pm Nov 13, 2017 11:35pm
Quoting ill_be_back
{quote} Maybe, Lets see {image}
Triggered
A good trader follows his rules, but great trader knows when to break them
  • #156,862
  • Edited Nov 14, 2017 12:00am Nov 13, 2017 11:35pm | Edited Nov 14, 2017 12:00am
sold at 93, risking 5 ....just cause..

also keeping an eye on 113.82/4 in UJ....and 3050 in cable..
Look Sharp/Trade Tight
  • #156,863
  • Edited Nov 14, 2017 12:24am Nov 13, 2017 11:59pm | Edited Nov 14, 2017 12:24am
yes, I was wrong. she moves upside. I am/was short.
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don't predict direction, but dance with flow of water
  • #156,864
  • Nov 14, 2017 12:05am Nov 14, 2017 12:05am
Quoting PayTheLimit
sold at 93, risking 5 ....just cause.. also keeping an eye on 113.82/4 in UJ....and 3050 in cable..
Prolly come DOWN to DOL
A good trader follows his rules, but great trader knows when to break them
  • #156,865
  • Nov 14, 2017 12:14am Nov 14, 2017 12:14am
Quoting ill_be_back
{quote} Prolly come DOWN to DOL
lets see, its a sneaky thing to do, make a HH on the 4hr, but its not terribly convincing at the moment, I also sold some UJ at 84 to hedge myself, now I can lose on both...
Look Sharp/Trade Tight
  • #156,866
  • Nov 14, 2017 12:21am Nov 14, 2017 12:21am
here is the expected DT......we see....
trading is simple but is simple is not easy.
  • #156,867
  • Nov 14, 2017 12:22am Nov 14, 2017 12:22am
well that settled it, -5 for me, next up 1.1729/31
Look Sharp/Trade Tight
  • #156,868
  • Nov 14, 2017 12:54am Nov 14, 2017 12:54am
Quoting ZenNy
here is the expected DT......we see....
Bears not interested here....and neither myself....done for the day.
trading is simple but is simple is not easy.
  • #156,869
  • Nov 14, 2017 12:56am Nov 14, 2017 12:56am
Short @ 1.1704
The best thing that can happen to you is to find out where you're wrong.
  • #156,870
  • Nov 14, 2017 12:58am Nov 14, 2017 12:58am
took a closer look, and I prefer 1.1763ish as a place to short...
Look Sharp/Trade Tight
  • #156,871
  • Nov 14, 2017 1:20am Nov 14, 2017 1:20am
that double bottom bull flag at Frankie open was the best trade in my view....shorting this strength seemed not such a good idea for myself......maybe a double top with a strong reversal could have done for me but 1.17 was calling.........now prices are in some sort of rising wedge which at least might indicates some pause for the time being.....

I have notices a few speeches coming later on.......maybe the algos will be smoking the pipe's peace until then.....
trading is simple but is simple is not easy.
  • #156,872
  • Nov 14, 2017 2:21am Nov 14, 2017 2:21am
ship has sailed on 1618 for now, but its a damn good S....as for the upcoming R's, I'm passing on them, nothing super sexy after I look at them for the 10th time, plus I've hitched my star to the yen for now...
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Look Sharp/Trade Tight
  • #156,873
  • Nov 14, 2017 2:34am Nov 14, 2017 2:34am
Quoting PayTheLimit
ship has sailed on 1618 for now, but its a damn good S....as for the upcoming R's, I'm passing on them, nothing super sexy after I look at them for the 10th time, plus I've hitched my star to the yen for now... {image}
there is R @ 1724 broken as S the 23/10.......

But PA leading to it does not seem weakening......
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trading is simple but is simple is not easy.
  • #156,874
  • Nov 14, 2017 2:40am Nov 14, 2017 2:40am
Quoting ZenNy
{quote} there is R @ 1724 broken as S the 23/10....... But PA leading to it does not seem weakening...... {image} {image}

agree, it looks strong, but sometimes that's the best time to sell, you get good R/R, if I had a spot I was keen on, I would lay some cheese down....but one doesn't jump out right now...plus I mad my donation at 93 earlier
Look Sharp/Trade Tight
  • #156,875
  • Nov 14, 2017 2:43am Nov 14, 2017 2:43am
Spuz finding some R at the close of that big outside bar now...
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Look Sharp/Trade Tight
  • #156,876
  • Nov 14, 2017 3:08am Nov 14, 2017 3:08am
Quoting PayTheLimit
{quote} agree, it looks strong, but sometimes that's the best time to sell, you get good R/R, if I had a spot I was keen on, I would lay some cheese down....but one doesn't jump out right now...plus I mad my donation at 93 earlier
sure......but in my humble opinion is best to fade those spikes at the extreme of a range or of a weak channel.........

this lady has been building up gently in the last 5 days as she did not wanted to be noticed........Bulls had enough sell orders in the market to start buying upwards since the LL of the 7/11......

......"yesterday she went lower to finish higher"....

Only my perception.....

Of course many ways to skin both bears and bulls......
trading is simple but is simple is not easy.
  • #156,877
  • Nov 14, 2017 3:23am Nov 14, 2017 3:23am
It proved again, my trading system was right. I should follow my trading system,.. not have traded against it..
At 6am est. the uptrend has been running for 22 hours, currently uptrend stop 1.1653 at hour close.. bulls still have time on their side
  • #156,878
  • Nov 14, 2017 3:50am Nov 14, 2017 3:50am
Made 40 pips with a buy earlier this.
From now on I am in selling mode on significant edges
  • #156,879
  • Nov 14, 2017 3:52am Nov 14, 2017 3:52am
Quoting gatorinla
i took 1/4 position short 1667,, tp above 1614, stop 1674.7 +1.5..
stopped out this short., eu bullish like closes suggested. it passed 1689 and 1705 area w/o hesitation. if u want to long, a possible new shot 1689/95 area may be worth a look. the high at 1727 atm is near the daily range of 70 pips at 1730 area. close up here and that norm at 1880 is much easier than it was at 157x
those who can, do. those who cant, talk about those who can
  • #156,880
  • Nov 14, 2017 3:53am Nov 14, 2017 3:53am
This is short squeeze, at 1730 high, we have reached daily ADR . Coming up US inflation data in 1.5 hour, if US data is bad, we will see this goes to 1750..
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