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The Really Useless Thread

  • #6,541
  • Sep 1, 2011 2:39am Sep 1, 2011 2:39am
Let's get this thread back to trading at least. 4282 has still not been decided yet either way. I am taking some cheeky longs here as scalps and see if they materialise into something. Lower TF's warrant some scalps, the higher ones have not given me any longs yet. Stops tight. BE reasonably quickly.

As I have pointed out each and every day this week, we are in the mid morning lull, this is either continuation or reversal time.
  • #6,542
  • Sep 1, 2011 2:40am Sep 1, 2011 2:40am
Quoting chazzle
feck , take it long instead at 267 for 287 not 247
right , paid for breakfast - woulda taken 5 hours yesterday . see ya'll in a bit
  • #6,543
  • Sep 1, 2011 2:42am Sep 1, 2011 2:42am
I sold them out fuck it...think I'll call it a day..
Look Sharp/Trade Tight
  • #6,544
  • Sep 1, 2011 2:45am Sep 1, 2011 2:45am
Quoting cloggie
Let's get this thread back to trading at least. 4282 has still not been decided yet either way. I am taking some cheeky longs here as scalps and see if they materialise into something. Lower TF's warrant some scalps, the higher ones have not given me any longs yet. Stops tight. BE reasonably quickly.

As I have pointed out each and every day this week, we are in the mid morning lull, this is either continuation or reversal time.
depending how the hourly closes and where, might be trying to put a short term bottom in, there are some key levels down here, I had them bought well, but took the pips...
Look Sharp/Trade Tight
  • #6,545
  • Sep 1, 2011 2:47am Sep 1, 2011 2:47am
one to note on the way back up now is 4301/2..which is the close on the big bear bar, as well as the monthly mid..
Look Sharp/Trade Tight
  • #6,546
  • Sep 1, 2011 2:47am Sep 1, 2011 2:47am
Quoting PayTheLimit
depending how the hourly closes and where, might be trying to put a short term bottom in, there are some key levels down here, I had them bought well, but took the pips...

I scalped a few on the earlier overshoot, may add a bit at a time here all depending on the 30/H1, taking it a few pips at a time here till NFP
  • #6,547
  • Sep 1, 2011 2:49am Sep 1, 2011 2:49am
chart...
Attached Image (click to enlarge)
Click to Enlarge Name: chart3.gif Size: 17 KB
Look Sharp/Trade Tight
  • #6,548
  • Sep 1, 2011 2:50am Sep 1, 2011 2:50am
Trying a long @ 1.4287

Attached Image
Don't be a hero. Don't have an ego. Always question yourself
  • #6,549
  • Sep 1, 2011 2:51am Sep 1, 2011 2:51am
the low was also a test of a mid level off the 12month chart...so a couple different things lining up in this vicinity...
Attached Image (click to enlarge)
Click to Enlarge Name: chart3.gif Size: 12 KB
Look Sharp/Trade Tight
  • #6,550
  • Sep 1, 2011 2:52am Sep 1, 2011 2:52am
Quoting PayTheLimit
the low was also a test of a mid level off the 12month chart...so a couple different things lining up in this vicinity...

Yup.
  • #6,551
  • Sep 1, 2011 2:56am Sep 1, 2011 2:56am
Quoting cloggie
Yup.
well looks like a decent close if your long, now the question is where to...

above 4301/2, would be 4328/31 for me...what are you looking at? 4342?
Look Sharp/Trade Tight
  • #6,552
  • Sep 1, 2011 2:57am Sep 1, 2011 2:57am
Quoting PayTheLimit
well looks like a decent close if your long, now the question is where to...

above 4301/2, would be 4328/31 for me...what are you looking at? 4342?

IF all this materialises, quite a bit needs to happen here though, 4342 and 4402 again, just taking it 15-20 pips at a time, she is still struggling with 4282. Right now it is still a counter trade/scalp.
  • #6,553
  • Sep 1, 2011 3:00am Sep 1, 2011 3:00am
Quoting PayTheLimit
took some longs against 4262ish, that 2005/08 number, for a flip, will be watching 4272 on the hour, which is the lower lip of the monthly mofu...didnt buy them as smartly as I could of, oh well...risk the lows..
Nice bro.

Cleared most of shorts here too before the daily S 1.425x but didn't get filled with the limit in my last position by a couple of ticks (damm I hate when it happens) so micromanaging and trailing with H1 .... Not in a hurry to long yet, but is moving fast so lunch at desk it seems.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #6,554
  • Sep 1, 2011 3:01am Sep 1, 2011 3:01am
Quoting cloggie
IF all this materialises, quite a bit needs to happen here though, 4342 and 4402 again, just taking it 15-20 pips at a time, she is still struggling with 4282. Right now it is still a counter trade/scalp.
right I spoke a little too soon on the close, didnt see the time remaining, still got 81/82 and 72, so thats something, would have been nice to have a little more wick on that candle I guess...at any rate, good luck bro, I'm headed to lunch, check ya later...
Look Sharp/Trade Tight
  • #6,555
  • Sep 1, 2011 3:02am Sep 1, 2011 3:02am
Quoting sisse
Nice bro.

Cleared most of shorts here too before the daily S 1.425x but didn't get filled with the limit in my last position by a couple of ticks (damm I hate when it happens) so micromanaging and trailing with H1 .... Not in a hurry to long yet, but is moving fast so lunch at desk it seems.

sisse
good luck bro, hope you get your price, talk later, PTL..
Look Sharp/Trade Tight
  • #6,556
  • Sep 1, 2011 3:03am Sep 1, 2011 3:03am
Quoting PayTheLimit
right I spoke a little too soon on the close, didnt see the time remaining, still got 81/82 and 72, so thats something, would have been nice to have a little more wick on that candle I guess...at any rate, good luck bro, I'm headed to lunch, check ya later...

My scalp is at 4268 and 4275, just waiting to see how 4282 gets decided before I do anything more here.
  • #6,557
  • Sep 1, 2011 3:06am Sep 1, 2011 3:06am
ps on the simple chart...81 held on the test, and the last hours close of 82, current swing low sure adds some importance to that level in my view...back later...
Attached Image (click to enlarge)
Click to Enlarge Name: chart3.gif Size: 21 KB
Look Sharp/Trade Tight
  • #6,558
  • Sep 1, 2011 3:16am Sep 1, 2011 3:16am
Magnetising the new SLs here...
  • #6,559
  • Sep 1, 2011 3:24am Sep 1, 2011 3:24am
Quoting cloggie
My scalp is at 4268 and 4275, just waiting to see how 4282 gets decided before I do anything more here.

Covered, 82 decided for now. Time for some lunch.
  • #6,560
  • Sep 1, 2011 3:30am Sep 1, 2011 3:30am
Quoting USD-Bear
Trying a long @ 1.4287

Attachment
damn, stopped @ 1.4274
Don't be a hero. Don't have an ego. Always question yourself
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