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The Really Useless Thread

  • #1,301
  • Aug 23, 2011 9:18am Aug 23, 2011 9:18am
Quoting PayTheLimit
see how these look..
yeah. your smaller chart was better. and it actually makes sense now. stil needs work, but good start.
  • #1,302
  • Aug 23, 2011 9:19am Aug 23, 2011 9:19am
Quoting darimik
yeah. your smaller chart was better. and it actually makes sense now. stil needs work, but good start.
which one this..
Attached Image (click to enlarge)
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Look Sharp/Trade Tight
  • #1,303
  • Aug 23, 2011 9:21am Aug 23, 2011 9:21am
Quoting PayTheLimit
which one this..
dont know..

but you tell me which one is this

Quoting PayTheLimit
62 on em.....
  • #1,304
  • Aug 23, 2011 9:22am Aug 23, 2011 9:22am
I guess 4348 is a stretch. its one of the ones that line up on this one

Attached Image
  • #1,305
  • Aug 23, 2011 9:23am Aug 23, 2011 9:23am
Quoting darimik
dont know..

but you tell me which one is this
...how the hell should on know...62 is a weekly....
Look Sharp/Trade Tight
  • #1,306
  • Aug 23, 2011 9:24am Aug 23, 2011 9:24am
ok 43665-ish holds...Id say 4540+....it goes and....abyss?
  • #1,307
  • Aug 23, 2011 9:25am Aug 23, 2011 9:25am
Quoting PayTheLimit
...how the hell should on know...62 is a weekly....
lets see how well that chart works out then we will see what type of drinks I need to get..
  • #1,308
  • Aug 23, 2011 9:25am Aug 23, 2011 9:25am
Quoting needpips
ok 43665-ish holds...Id say 4540+....it goes and....abyss?
it might just be a test/stop run down there..
Look Sharp/Trade Tight
  • #1,309
  • Aug 23, 2011 9:26am Aug 23, 2011 9:26am
Quoting darimik
lets see how well that chart works out then we will see what type of drinks I need to get..
deal...
Look Sharp/Trade Tight
  • #1,310
  • Aug 23, 2011 9:27am Aug 23, 2011 9:27am
90's holding so far.
  • #1,311
  • Aug 23, 2011 9:27am Aug 23, 2011 9:27am
Quoting darimik
I guess 4348 is a stretch. its one of the ones that line up on this one

Attachment
its alsothe 61.8% fib for the entire move from 42575-45
  • #1,312
  • Aug 23, 2011 9:27am Aug 23, 2011 9:27am
Quoting needpips
ok 43665-ish holds...Id say 4540+....it goes and....abyss?

We need to build up momentum first. We moved 120 pips, took it right back the where London started, now price needs to coil for it to give you the next move. Wait for a confirmed pattern to form here and trade either the range while it is being taken out or wait for the breakout. Don't go making the noobie mistake of trying to get in after a 100+ pip runner.

Look how I traded of that 91, that one took 2 hours to materialise and turn into a 90 pip trade (390 pip scaled in). Chasing each and every pip will never pay of in the long run, find your good setups, be patient and stick to your guns.

Right now we are trying to form something from 75-02-ish, let it form, rarely do we get a "wet cat bounce of an electric fence" reversal.

Have a plan and trade the plan.
  • #1,313
  • Aug 23, 2011 9:31am Aug 23, 2011 9:31am
As I was typing the above, we are back at 02 again. Let it play out and you'd be surprised what finding 2-3 100 pip runners a day on eu alone will do to your bottomline...... getting 800-1,000 pips a week unscaled on eu is not a farfetched goal to strive for, you will only get there if you focus on the bigger picture.
  • #1,314
  • Aug 23, 2011 9:32am Aug 23, 2011 9:32am
Im waiting for sure...


Quoting cloggie
We need to build up momentum first. We moved 120 pips, took it right back the where London started, now price needs to coil for it to give you the next move. Wait for a confirmed pattern to form here and trade either the range while it is being taken out or wait for the breakout. Don't go making the noobie mistake of trying to get in after a 100+ pip runner.

Look how I traded of that 91, that one took 2 hours to materialise and turn into a 90 pip trade (390 pip scaled in). Chasing each and every pip will never pay of in the long run, find your...
  • #1,315
  • Aug 23, 2011 9:35am Aug 23, 2011 9:35am
Quoting cloggie

Right now we are trying to form something from 75-02-ish, let it form.

Patience kids, patience.
  • #1,316
  • Aug 23, 2011 9:36am Aug 23, 2011 9:36am
Just got up, no coffee yet, so the world is still somewhat a blur. But it's easy to catch up on this thread!

So the Richmond numbers came way south of consensus, and the stock market rallies because they're in "bad news is good news because bad news will prod Poppa to act" mode. Both the sell side and buy side are so policy addicted that the decoupling from reality is nearly absolute.

And that trend started with this charlatan: Greenspan, who apparently poor mouths the EUR and on the basis of his always-sage opinion it spooks. At least it's printing some reasonable, albeit still somewhat low, ATR.

Darimik, looks like you've been crunching some numbers. Let's talk about them later.
  • #1,317
  • Aug 23, 2011 9:37am Aug 23, 2011 9:37am
Quoting cloggie
Patience kids, patience.
What's that?
  • #1,318
  • Aug 23, 2011 9:41am Aug 23, 2011 9:41am
dow's on the up. cheap money, yeeeyyy. We're all good.
  • #1,319
  • Edited 9:53am Aug 23, 2011 9:41am | Edited 9:53am
Quoting OldQuant
Just got up, no coffee yet, so the world is still somewhat a blur. But it's easy to catch up on this thread!

So the Richmond numbers came way south of consensus, and the stock market rallies because they're in "bad news is good news because bad news will prod Poppa to act" mode. Both the sell side and buy side are so policy addicted that the decoupling from reality is nearly absolute.

And that trend started with this charlatan: Greenspan, who apparently poor mouths the EUR and on the basis of his always-sage opinion it spooks. At least...
yeah.. look at this,

http://www.forexfactory.com/showthre...78#post4893478

and then I filtered out some numbers. seems like a good start.. I need your help a bit on the manipulation of the data.

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  • #1,320
  • Aug 23, 2011 9:50am Aug 23, 2011 9:50am
took a muppet short to 93.
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