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The Really Useless Thread

  • #20,801
  • Oct 3, 2011 4:57am Oct 3, 2011 4:57am
Quoting Larseg
Where is the gap CLOSERS!!!!!
is it true?

is it just a myth?

is it random??
  • #20,802
  • Oct 3, 2011 5:01am Oct 3, 2011 5:01am
Quoting Larseg
Where is the gap CLOSERS!!!!!
lol, looks like someone wants to keep the gap open..lol..
Look Sharp/Trade Tight
  • #20,803
  • Oct 3, 2011 5:02am Oct 3, 2011 5:02am
"M"
  • #20,804
  • Oct 3, 2011 5:04am Oct 3, 2011 5:04am
Quoting Larseg
Where is the gap CLOSERS!!!!!
Enjoying the ride up...the gap in play (and the one to pay attention) is in stock markets my 2 cents ...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #20,805
  • Oct 3, 2011 5:07am Oct 3, 2011 5:07am
Quoting Larseg
is it true?

is it just a myth?

is it random??
statistically each gap will be closed at some point, anyway its random imho ^^
Hero calls followed by margin calls...
  • #20,806
  • Oct 3, 2011 5:11am Oct 3, 2011 5:11am
Quoting fxjawn
"M"
Too much watching 15 M chart...

Take a look at 1 hr.... there could be a "v" in the making...
Markets are not Random, they are designed!
  • #20,807
  • Oct 3, 2011 5:13am Oct 3, 2011 5:13am
e/u, so far this morning...

Inserted Video


pulled a few out, bbl...

edit- yellow metal testing top of channel..
  • #20,808
  • Oct 3, 2011 5:26am Oct 3, 2011 5:26am
What should I do now?..This is one of the reason why I hate hedging..

It funny $$ amount for sell position is decreasing slowly.

Reversing with higher lots $$ increases a lot faster.
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Markets are not Random, they are designed!
  • #20,809
  • Oct 3, 2011 5:31am Oct 3, 2011 5:31am
Quoting Raza
What should I do now?..This is one of the reason why I hate hedging..

It funny $$ amount for sell position is decreasing slowly.

Reversing with higher lots $$ increases a lot faster.
34 grand, is that an average day for you raza?

looking to take the long portion of the hedge off at some stage i take it, or is that a dumb question? i hear talk of options barriers 3300, 3275 and 3250 btw, source is reuters...
  • #20,810
  • Oct 3, 2011 5:35am Oct 3, 2011 5:35am
Quoting FibbinArchie
34 grand, is that an average day for you raza?
No fak No....Its at 37K right now...I mostly take 10 lots...30-50 PIPS if scalping when the swing comes along I take as much as 300 -1000 pips.

I have 2 separate accounts. One for swing one for scalp..

1.3379 -88..I may take the hedge off...may cry about it tommorow when its back at 1.3689...
Markets are not Random, they are designed!
  • #20,811
  • Oct 3, 2011 5:38am Oct 3, 2011 5:38am
Quoting Raza
No fak No....Its at 37K right now...I mostly take 10 lots...30-50 PIPS if scalping when the swing comes along I take as much as 300 -1000 pips.

I have 2 separate accounts. One for swing one for scalp..
fair play, you're inspiring me to work on compounding my account...

btw, nice move with the hedge, it buys you thinking time..

edit- if it was me, i'd be on my way to the airport by now...
  • #20,812
  • Oct 3, 2011 5:42am Oct 3, 2011 5:42am
Quoting FibbinArchie
fair play, you're inspiring me to work on compounding my account...
Dont do it unless you know the precise turning points... for swing or scalp...I do it cause I know my risk that is 1 pip and 10 pips in most cases..

Entry is important to break even if wrong....who cares about the profits...Take them whenever you like.

Going for a CIGI...hope it breaks 1.3379..
Markets are not Random, they are designed!
  • #20,813
  • Oct 3, 2011 5:46am Oct 3, 2011 5:46am
Quoting Raza
Dont do it unless you know the precise turning points... for swing or scalp...I do it cause I know my risk that is 1 pip and 10 pips in most cases..

Entry is important to break even if wrong....who cares about the profits...Take them whenever you like.
understood, my patience on entries is improving drastically, not charging in like the cavalry anymore (touch wood) and it's starting to show in my bottom line, although I don't want to speak to soon, as I've been here before and facked it up, hopefully I've learned from previous mistakes...
  • #20,814
  • Oct 3, 2011 5:55am Oct 3, 2011 5:55am
trying to fill ye olde gap?
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  • #20,815
  • Oct 3, 2011 5:56am Oct 3, 2011 5:56am
Quoting FibbinArchie
understood, my patience on entries is improving drastically, not charging in like the cavalry anymore (touch wood) and it's starting to show in my bottom line, although I don't want to speak to soon, as I've been here before and facked it up, hopefully I've learned from previous mistakes...
This game requires patience some times a lot of it...One should not trade

every 5,minutes or even every Hour..
Markets are not Random, they are designed!
  • #20,816
  • Oct 3, 2011 6:00am Oct 3, 2011 6:00am
Quoting Raza
This game requires patience some times a lot of it...One should not trade

every 5,minutes or even every Hour..
yeah, sometimes the signal level just stands out, other times it's kind of, sort of, better to trade with a clear probability edge present...
  • #20,817
  • Oct 3, 2011 6:14am Oct 3, 2011 6:14am
Quoting gatorinla
3337 can bring 3350 and 50 3375..... be careful with L over 37
3375 can bring 3414,,,
if no 3337.........3308 st.. 3337 may be protected st
edit: S
dont know what it will do. but now looking to short 3430/37 area with a reason if one appears there.
those who can, do. those who cant, talk about those who can
  • #20,818
  • Oct 3, 2011 6:23am Oct 3, 2011 6:23am
Quoting FibbinArchie
yeah, sometimes the signal level just stands out, other times it's kind of, sort of, better to trade with a clear probability edge present...
This is why fibs are needed and an understanding of it from wave pospective... fib relation..and one of your favorite indicator other than MAs and EAs.


Here is One way to do it...To see if this long rally from 0% was the end of Third wave or the END of wave C .. FIB will tell the level this wave UP will reach ..respect or break.

Levels are precise...but thats one of the things you will see over and over again in all Tfs all currencies.Some time you have to get very creative with charts.
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Markets are not Random, they are designed!
  • #20,819
  • Oct 3, 2011 6:25am Oct 3, 2011 6:25am
Quoting PayTheLimit
...was looking for a retest of fridays low/close..
did nothing, guess I could have shorted that candle with the wick, but passed..
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Look Sharp/Trade Tight
  • #20,820
  • Oct 3, 2011 6:28am Oct 3, 2011 6:28am
Decent opening in European stocks but diluted on a couple of intraday bumps stopping the gap to be filled leaving the Euro in a small choppy range all morning.

Flat across markets and lunch time .... nothing to do here until NY.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
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