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The Really Useless Thread

  • #10,481
  • Sep 9, 2011 2:03am Sep 9, 2011 2:03am
Quoting kenfen69
Well...my "all in" days are long gone!

Yeah...I guess it works well for me. Hit it hard...cash some quick...break even on the rest if it turns, but hopefully it runs. Few more partials along the way....totals at the end of the day seem to say it works for me.

Most important thing is I'm very comfortable with it these days. Not full on scalping. Hit-pull some-and run...that's my game, I suppose.
yea i wouldn't call it scalping really I guess, especially by true definition

so you go in and then scale out on the position letting some run and if not cut out at BE? do you have a calculated thing for the scaling or you're just going by PA at the s/r levels?
  • #10,482
  • Sep 9, 2011 2:05am Sep 9, 2011 2:05am
break out...
  • #10,483
  • Sep 9, 2011 2:12am Sep 9, 2011 2:12am
Quoting pkimnyc
break out...
bastards.....
  • #10,484
  • Sep 9, 2011 2:12am Sep 9, 2011 2:12am
Quoting Monroe
so you go in and then scale out on the position letting some run and if not cut out at BE? do you have a calculated thing for the scaling or you're just going by PA at the s/r levels?
Yeah...I have my own funky little program. I can set up to 6 predetermined TP levels...and what percentage to close at each of those. More often than not, on the EU pair, I just use three levels...11, 16, 21...so I basically walk with 10, 15 and 20 after spread. 20% comes out at +10...30% at +15, 30% at +20. Final 20% floats. That would be a very general setup, but it is really fast for me to change that...either pips, or percentage. I have loads of presets and it literally takes one click to change.

Can also do manual partial closes, too...or close the whole trade...or all trades with one click. What else? Can assign different profiles to every trade, too...so they don't all have to follow the same pip/% scheme.

Ultimately, I guess THAT is my "edge" so to speak.
  • #10,485
  • Sep 9, 2011 2:14am Sep 9, 2011 2:14am
Quoting pkimnyc
break out...
Quoting pkimnyc
bastards.....
Fak!

See...now who says this place is all bad? If I wasn't typing, I probably would have longed!

Bastards is right. Fakie on each open there!
  • #10,486
  • Sep 9, 2011 2:16am Sep 9, 2011 2:16am
Quoting kenfen69
Fak!

See...now who says this place is all bad? If I wasn't typing, I probably would have longed!

Bastards is right. Fakie on each open there!
i did.... flipped the trade now.
  • #10,487
  • Sep 9, 2011 2:16am Sep 9, 2011 2:16am
Quoting kenfen69
Yeah...I have my own funky little program. I can set up to 6 predetermined TP levels...and what percentage to close at each of those. More often than not, on the EU pair, I just use three levels...11, 16, 21...so I basically walk with 10, 15 and 20 after spread. 20% comes out at +10...30% at +15, 30% at +20. Final 30% floats. That would be a very general setup, but it is really fast for me to change that...either pips, or percentage. I have loads of presets and literally takes one click to change.

Can also do manual partial closes, too...or...
nice... I like the idea of it..
  • #10,488
  • Sep 9, 2011 2:22am Sep 9, 2011 2:22am
Quoting Monroe
nice... I like the idea of it..
I have some stuff I meant to post up for people to mess around with, but didn't ever get around to it once the thread took off. Just a spreadsheet for tweaking pip values and percentages. Handy for tweaking different pairs. 10, 15, 20 wouldn't work well across the board. A heavily tweaked indy I've cooked up, too. Just sets a lot of levels that I follow automatically at the first new tick of a day. Rarely see it on charts I post.

Will try and do it this weekend.
  • #10,489
  • Sep 9, 2011 2:22am Sep 9, 2011 2:22am
Quoting pkimnyc
i did.... flipped the trade now.
Nice!

Must have made it all back then!
  • #10,490
  • Sep 9, 2011 2:30am Sep 9, 2011 2:30am
Quoting kenfen69
I have some stuff I meant to post up for people to mess around with, but didn't ever get around to it once the thread took off. Just a spreadsheet for tweaking pip values and percentages. Handy for tweaking different pairs. 10, 15, 20 wouldn't work well across the board. A heavily tweaked indy I've cooked up, too. Just sets a lot of levels that I follow automatically at the first new tick of a day. Rarely see it on charts I post.

Will try and do it this weekend.
cool, yea makes sense.
  • #10,491
  • Sep 9, 2011 2:31am Sep 9, 2011 2:31am
Quoting cloggie
P, 1875 in sight here.

Piters will be happy, got gold at 1875
  • #10,492
  • Sep 9, 2011 2:32am Sep 9, 2011 2:32am
Quoting kenfen69
Nice!

Must have made it all back then!
  • #10,493
  • Sep 9, 2011 2:32am Sep 9, 2011 2:32am
Quoting cloggie
EU wants 3858 here. As PTL always says, we are stretching.

Phatphuckphanda is still long, a no brainer.

I am happy, I got mine. Well, almost out by 2 pips.
  • #10,494
  • Sep 9, 2011 2:39am Sep 9, 2011 2:39am
caught 3870, does she have legs?
Don't have an ego. Always question yourself and your ability.
  • #10,495
  • Sep 9, 2011 2:39am Sep 9, 2011 2:39am
Quoting cloggie
I am happy, I got mine. Well, almost out by 2 pips.
Feckin MT4...lower one got filled in Dukascopy...don't know how it missed here...bastards!

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  • #10,496
  • Sep 9, 2011 2:50am Sep 9, 2011 2:50am
1.0600 may be worth a shot
Don't have an ego. Always question yourself and your ability.
  • #10,497
  • Sep 9, 2011 2:51am Sep 9, 2011 2:51am
Quoting RamsesII
1.0600 may be worth a shot
Bit of a TL there, alright.

Looking like decision time on a few pairs.
  • #10,498
  • Sep 9, 2011 3:02am Sep 9, 2011 3:02am
Quoting kenfen69
Bit of a TL there, alright.

Looking like decision time on a few pairs.
no love at 06
Don't have an ego. Always question yourself and your ability.
  • #10,499
  • Sep 9, 2011 3:02am Sep 9, 2011 3:02am
Not feeling the love. Going to call it a night.

Catch you in a few...GL...

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  • #10,500
  • Sep 9, 2011 3:03am Sep 9, 2011 3:03am
Quoting RamsesII
no love at 06
Hahahaha...

Whats with the love? Both typed it at the same time.

Must be late...going to go hug the pillow.

Nice trades tonight, mate. Catch you later.
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