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The Really Useless Thread

  • #13,681
  • Sep 16, 2011 8:13am Sep 16, 2011 8:13am
Quoting Larseg
I took it on the pullback , last for this week...

not playing crap friday
...

.. but between 1813-21, I would quit the pos..... you know.. it's friday
The best thing that can happen to you is to find out where you're wrong.
  • #13,682
  • Sep 16, 2011 8:16am Sep 16, 2011 8:16am
Quoting Driver55
...
Nice looking hammer in hourly regardless.
  • #13,683
  • Sep 16, 2011 8:20am Sep 16, 2011 8:20am
Quote
Portugal’s central bank on Friday said that Madeira island, a small autonomous region, under-reported €1.1 billion ($1.53 billion) in debt in recent years, a development that will put further pressure on the country to meet deficit targets under its massive international bailout.Bank of Portugal said an evaluation of Madeira’s accounts showed it failed to report €1.1 billion in debt from 2008 to 2010. The impact this will have on the public deficit is 0.3% of the gross domestic product, it added.

I was watching EU fall from 820 to 752 and constantly searching for the reason why. But was not able find anything (Dow,IFR,4Cast,Fxlive).

Than Fxlive reported this story at 12.43 GMT.

Than i started scrolling down on my RANsquawk and found out that this piece was out at 11.06 GMT but still it took EU 20 mins to start the fall.

anyways i am gonna spend more time on RANsquawk from now on.
.
  • #13,684
  • Sep 16, 2011 8:27am Sep 16, 2011 8:27am
Quoting needpips
starter SH98
out at +10...got distracted....reload sh at 3805 TSL
  • #13,685
  • Sep 16, 2011 8:37am Sep 16, 2011 8:37am
Quoting needpips
..reload sh at 3805 TSL
Careful, look at es/DOW. I am back in BTFD mode.

UoM in 15
  • #13,686
  • Sep 16, 2011 8:41am Sep 16, 2011 8:41am
Quoting cloggie
Careful, look at es/DOW. I am back in BTFD mode.

UoM in 15
strong out of the gate for sure...3820 is my cutoff....givin a little space
  • #13,687
  • Sep 16, 2011 8:42am Sep 16, 2011 8:42am
Quoting needpips
strong out of the gate for sure...3820 is my cutoff....givin a little space

No prob, keep 'm tight. On the higher TF's we are trying to turn the corner here.
  • #13,688
  • Sep 16, 2011 8:43am Sep 16, 2011 8:43am
Quoting cloggie
Careful, look at es/DOW. I am back in BTFD mode.

UoM in 15
it kinda feels like its building a a good SH opp...gonna nurse it here
  • #13,689
  • Sep 16, 2011 8:46am Sep 16, 2011 8:46am
Quoting needpips
it kinda feels like its building a a good SH opp...gonna nurse it here
Look on your hourly and see where that last one got rejected.
  • #13,690
  • Sep 16, 2011 8:50am Sep 16, 2011 8:50am
Quoting cloggie
Look on your hourly and see where that last one got rejected.
228...

I added 3 pips for the spread....gonna C what happens
  • #13,691
  • Sep 16, 2011 8:51am Sep 16, 2011 8:51am
Quoting needpips
228...

I added 3 pips for the spread....gonna C what happens

Wrong end.
  • #13,692
  • Sep 16, 2011 8:53am Sep 16, 2011 8:53am
Quoting gatorinla
im going to long.. at 3777 area.. and look for 3827 then 3858... sl will be below 3771.. that's if i didn't already miss this trade.
lost 9 pips.. 3827 was never touched.. it went to 3826.x
a missing the domino.
atm we are just below that missing domino after making a lower low. since we are below 3827.. im look for a reversal formation.. if we then get a low below 3752.. then look for 3681 r 3692 min
those who can, do. those who cant, talk about those who can
  • #13,693
  • Sep 16, 2011 8:54am Sep 16, 2011 8:54am
800 candle 1.37531
  • #13,694
  • Sep 16, 2011 8:59am Sep 16, 2011 8:59am
Quoting gatorinla
lost 9 pips.. 3827 was never touched.. it went to 3826.x
a missing the domino.
atm we are just below that missing domino after making a lower low. since we are below 3827.. im look for a reversal formation.. if we then get a low below 3752.. then look for 3681 r 3692 min
that didn't take long.. it didn't cost me a thing either
those who can, do. those who cant, talk about those who can
  • #13,695
  • Sep 16, 2011 9:01am Sep 16, 2011 9:01am
Quoting gatorinla
that didn't take long.. it didn't cost me a thing either
I got S/o ...no biggs...got my other entries...gonna let em develop
  • #13,696
  • Sep 16, 2011 9:02am Sep 16, 2011 9:02am
Quoting gatorinla
that didn't take long.. it didn't cost me a thing either
looking for the same in the 41 area.
those who can, do. those who cant, talk about those who can
  • #13,697
  • Sep 16, 2011 9:03am Sep 16, 2011 9:03am
Out for 65 tits. Have a good weekend, bastard.
  • #13,698
  • Sep 16, 2011 9:05am Sep 16, 2011 9:05am
Quoting cloggie
Look on your hourly and see where that last one got rejected.
  • #13,699
  • Sep 16, 2011 9:11am Sep 16, 2011 9:11am
Quoting needpips
I got S/o ...no biggs...got my other entries...gonna let em develop

Plenty of us gave you the hints, uncorrelated Gold, es/DOW risk on, EU equities coming of the low, lower TL rejection on the hourly.

All was lined up, you need to keep an eye on the bigger picture, by all means use your lower TF's for the entries, but always respect the bigger picture.
  • #13,700
  • Sep 16, 2011 9:12am Sep 16, 2011 9:12am
Quoting pkimnyc

We were looking at exactly the same thing. Gave plenty of hints....
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