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The Really Useless Thread

  • #11,021
  • Sep 9, 2011 8:33pm Sep 9, 2011 8:33pm
Quoting needpips
Ill admit being wrong....but the fikkin air is literally standing up on my neck .... I think a lot of shorts are about to be cooked.... I C 2 realities....a 100-150 pip retrace, then lower to retrace....or we dont look back and 1.55 is on us....I know....I know.....just got that feeling
All we need is the activation of QE3... and we do the same ol song and dance again.
  • #11,022
  • Sep 9, 2011 8:34pm Sep 9, 2011 8:34pm
Quoting pkimnyc
Haha....
Some NYC girlfriends of mine, pk.

They're at 23rd & 6th. They like Daddies! You in?

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  • #11,023
  • Sep 9, 2011 8:38pm Sep 9, 2011 8:38pm
Quoting kenfen69
Some NYC girlfriends of mine, pk.

They're at 23rd & 6th. They like Daddies! You in?

Attachment
All the way......
  • #11,024
  • Sep 9, 2011 8:38pm Sep 9, 2011 8:38pm
Quoting kenfen69
Some NYC girlfriends of mine, pk.

They're at 23rd & 6th. They like Daddies! You in?

Attachment
R-U-N......Ha...thats whats she said....
  • #11,025
  • Sep 9, 2011 8:43pm Sep 9, 2011 8:43pm
Quoting pkimnyc
All the way......
Always a . w i l d . night!

They'll have you home in time for the kiddies to jump on your bed...they're good like that!
  • #11,026
  • Sep 9, 2011 8:51pm Sep 9, 2011 8:51pm
Quoting Venice
Absolutely! It's time to take the next step!...

Been watching trades a bit too much at work lately too... going to get myself in trouble if I'm not careful
I'm excited for you, brother! I remember that stage where I said to myself...I think I'm good enough at this to give it the respect it deserves...and lets find out for real.

I know you're already rock solid...and definitely making your way, but the more of the markets you expose yourself to, the better your odds of finding exactly where your place is. You've come from a direction that I think is the reverse of how a lot of people flow. They start out on lower TFs...and wind up on wider ones. Maybe I'm wrong on that, but that has been my experience with people over the years....

Lost my thought there...what I'm saying is...having started out wide, I really think your going to come into some of the lower TFs with a very broad understanding of the forces at play...fakeouts...breakouts etc. Maybe you won't do it forever, but whatever time you do put in will hugely benefit you back out wide as well.

Go for it!!!
  • #11,027
  • Sep 9, 2011 9:02pm Sep 9, 2011 9:02pm
Quoting RamsesII
trying to trade like ken...
Hehe...

That's pretty solid, mate! That is nearly a textbook example of what I like to do...except I like to drop a few more in...a la cloggie...if I see it going my way. Or other times I scale in...blind...which some people don't like, but, hey...I do OK at it, so I'm fine with it. My money, I'll do what I like.

Here is the same period Aussie chart with my trades...except M1 not 30Sec...and I'll show a little of what I was looking for. Reads easiest if you start far left and follow along like the chart would paint live.

Attached Image (click to enlarge)
Click to Enlarge Name: 1minAU2.png Size: 87 KB

Attached Image


Lost my train of thought while marking up the chart...first time I've really done one. Not so bad...takes a while, but not too bad. Oh yeah...was also drinking beer...yakking...and admiring ladies.

Will edit this post if I remember in the next few hours...or create a new one with a better example of my entries and exits. Just wanted to put this one up because Ramses posted his. Somewhat interesting comparison.
  • #11,028
  • Sep 9, 2011 9:03pm Sep 9, 2011 9:03pm
Quoting kenfen69
I'm excited for you, brother! I remember that stage where I said to myself...I think I'm good enough at this to give it the respect it deserves...and lets find out for real.

I know you're already rock solid...and definitely making your way, but the more of the markets you expose yourself to, the better your odds of finding exactly where your place is. You've come from a direction that I think is the reverse of how a lot of people flow. They start out on lower TFs...and wind up on wider ones. Maybe I'm wrong on that, but that has been my experience...
I agree with this brother. I also started on higher tf, but the real beauty is with lower tf when it comes to breakouts and faker bastards.
  • #11,029
  • Sep 9, 2011 9:13pm Sep 9, 2011 9:13pm
Quoting kenfen69
Hehe...

That's pretty solid, mate! That is nearly a textbook example of what I like to do...except I like to drop a few more in...a la cloggie...if I see it going my way. Or other times I scale in...blind...which some people don't like, but, hey...I do OK at it, so I'm fine with it. My money, I'll do what I like.

Here is the same period Aussie chart with my trades...except M1 not 30Sec...and I'll show a little of what I was looking for. Reads easiest if you start far left and follow along like the chart would paint live.

Attachment
Attachment

Lost...
Good to see another SD and volume trader! Don't worry I like to scale as well
  • #11,030
  • Sep 9, 2011 9:30pm Sep 9, 2011 9:30pm
Quoting pkimnyc
I agree with this brother. I also started on higher tf, but the real beauty is with lower tf when it comes to breakouts and faker bastards.
In my experience, this is what I have noticed...

Those coming from higher TFs have a very broad overview of market structure. They understand the importance of patience...and if they didn't have Money Management down completely, they would be back at their 9 to 5 job long ago. In reverse...

Those that started on lower TFs often learn lessons the hard way. Don't see the bigger picture. Constantly feel the need to be "in" the market...and really struggle to grasp MM...hence blowouts...or really nasty capital losses. Back to 9 to 5?

Anyway...one arsehole's casual observations...

Venice will shred it up...no matter what the TF set.
  • #11,031
  • Sep 9, 2011 9:34pm Sep 9, 2011 9:34pm
Quoting frankkn
Good to see another SD and volume trader! Don't worry I like to scale as well
Alright brother!

In and out, too? I'm not getting sexy with you...don't worry...I'm harmless.

But...do you scale in and out as well?

Nice to meet you, my friend. Certainly seen you about and always mean to try and cross paths a little more. Glad it just occurred. Hope to see you again soon

All the best, mate.
  • #11,032
  • Sep 9, 2011 9:42pm Sep 9, 2011 9:42pm
Quoting frankkn
Good to see another SD and volume trader! Don't worry I like to scale as well
Also...may I say...

If your avatar isn't my favorite on FF...its definitely top 3!
  • #11,033
  • Sep 9, 2011 9:55pm Sep 9, 2011 9:55pm
Quoting pkimnyc
I agree with this brother. I also started on higher tf, but the real beauty is with lower tf when it comes to breakouts and faker bastards.
Yep. I've been practicing with the 10m chart... pretty much everything has traded just like the bigger TF's... Biggest focus for me right now is try and stick with the intermediate trend and be more aware of the new highs and lows being created.

Starting off a a Supply/Demand trader has put me more into a counter trend style... and I've noticed the pips tend to come so much easier when you are with the trend, in time and execution.

Do a pretty decent job at picking tops and bottoms too... you can always tell, because when you enter the area, there is a really annoying fight that takes place for quite a bit of time, especially on the higher time frames. To me, it seems better served to let price turn, then jump in on the next wave.
  • #11,034
  • Sep 9, 2011 9:58pm Sep 9, 2011 9:58pm
Quoting Venice
To me, it seems better served to let price turn, then jump in on the next wave.
  • #11,035
  • Sep 9, 2011 10:07pm Sep 9, 2011 10:07pm
Quoting pkimnyc
See... I can say things that make me sound like I know what I'm talking about... sometimes. lol!

Cheers mate...

Have a good weekend!
  • #11,036
  • Sep 9, 2011 10:42pm Sep 9, 2011 10:42pm
Hitting the boozer...

Last time I was there, this happened...

Check out buddy on the right??? Way to mingle, geezer!!!

Attached Image


Sorry to those with spectacles, but... fak you four-eyes!
  • #11,037
  • Sep 9, 2011 11:47pm Sep 9, 2011 11:47pm
hello.....
  • #11,038
  • Sep 10, 2011 7:13am Sep 10, 2011 7:13am
yakkkkkkkk...LMAO....been there....got the shitty t-shirt....

Quoting kenfen69
Hitting the boozer...

Last time I was there, this happened...

Check out buddy on the right??? Way to mingle, geezer!!!

Attachment

Sorry to those with spectacles, but... fak you four-eyes!
  • #11,039
  • Sep 10, 2011 7:46am Sep 10, 2011 7:46am
Quoting kenfen69
In my experience, this is what I have noticed...

Those coming from higher TFs have a very broad overview of market structure. They understand the importance of patience...and if they didn't have Money Management down completely, they would be back at their 9 to 5 job long ago. In reverse...

Those that started on lower TFs often learn lessons the hard way. Don't see the bigger picture. Constantly feel the need to be "in" the market...and really struggle to grasp MM...hence blowouts...or really nasty capital losses. Back to 9 to 5?

Anyway...one...
Analysis on higher TF and entry lower TF
that what i try to do "Less stress and less time to trade"
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  • #11,040
  • Sep 10, 2011 8:47am Sep 10, 2011 8:47am
Quoting kenfen69
Hitting the boozer...

Last time I was there, this happened...

Check out buddy on the right??? Way to mingle, geezer!!!

Attachment

Sorry to those with spectacles, but... fak you four-eyes!
she's hot...
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