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The Really Useless Thread

  • #26,961
  • Edited 2:02pm Oct 19, 2011 1:51pm | Edited 2:02pm
Quoting Venice
Quick long at 41, looking for 3763
Done... quick means quick. hah

Probably going to be much more profitable taking a short off of that level, but missed it.
  • #26,962
  • Oct 19, 2011 1:56pm Oct 19, 2011 1:56pm

quick short at 65 looking for 41
Quoting Venice
Quick long at 41, looking for 3763
  • #26,963
  • Oct 19, 2011 1:59pm Oct 19, 2011 1:59pm
ok partial out out at 45 quick 20 is good rest at BE
Quoting hkkhanus

quick short at 65 looking for 41
  • #26,964
  • Oct 19, 2011 2:00pm Oct 19, 2011 2:00pm
Quoting USD-Bear
?, WPP where I have it on H4 appr. 1.3719

Attachment
I see. Well the price support is at 1,374x (buyers in H4 and daily). A clean swept means that they will be under water and all stops taken below that level....so sure they maybe some new buyers in that 1.3719 waiting for buy at that pivot but the old ones will be gone by then....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #26,965
  • Oct 19, 2011 2:02pm Oct 19, 2011 2:02pm
closed all
Quoting hkkhanus
ok partial out out at 45 quick 20 is good rest at BE
  • #26,966
  • Oct 19, 2011 2:02pm Oct 19, 2011 2:02pm
Quoting hkkhanus
ok partial out out at 45 quick 20 is good rest at BE
..
Attached Image
  • #26,967
  • Oct 19, 2011 2:04pm Oct 19, 2011 2:04pm
Stair step trading, so bloody fantastic.
  • #26,968
  • Oct 19, 2011 2:07pm Oct 19, 2011 2:07pm
copper only 20 cents off the low after todays break...
Attached Image (click to enlarge)
Click to Enlarge Name: chart1.gif Size: 16 KB
Look Sharp/Trade Tight
  • #26,969
  • Oct 19, 2011 2:12pm Oct 19, 2011 2:12pm
Quoting sisse
I see. Well the price support is at 1,374x (buyers in H4 and daily). A clean swept means that they will be under water and all stops taken below that level....so sure they maybe some new buyers in that 1.3719 waiting for buy at that pivot but the old ones will be gone by then....

sisse
right, thanks for explaining, WPP's usually very strong in my analyses though.
Indeed 1.374x shows it's importance now, but think it will fail to support at next attack.
Don't be a hero. Don't have an ego. Always question yourself
  • #26,970
  • Oct 19, 2011 2:12pm Oct 19, 2011 2:12pm
going down or up?
Quoting Venice
Stair step trading, so bloody fantastic.
  • #26,971
  • Oct 19, 2011 2:12pm Oct 19, 2011 2:12pm
This is what i'm hoping for to play out on the 8Hr.. Forgive the shitty drawing and big green bar at end to show north.. I ran out of space
Attached Image (click to enlarge)
Click to Enlarge Name: 8hr.jpg Size: 110 KB
Disclaimer: Check your 1m charts
  • #26,972
  • Oct 19, 2011 2:13pm Oct 19, 2011 2:13pm
Quoting Venice
Stair step trading, so bloody fantastic.
Are you using a stair step chart or a Kagi Chart?

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #26,973
  • Oct 19, 2011 2:17pm Oct 19, 2011 2:17pm
Quoting PayTheLimit
copper only 20 cents off the low after todays break...
So did you play? Don't have time to read back.
  • #26,974
  • Oct 19, 2011 2:17pm Oct 19, 2011 2:17pm
st only.. if we get to 3769 now. i may look for 3802/5 to s... im bearish but watching for what a bounce indicates. lower h is needed. a new high can be as low as 3765... using a tl
those who can, do. those who cant, talk about those who can
  • #26,975
  • Oct 19, 2011 2:17pm Oct 19, 2011 2:17pm
you bastard, you are going to make me wait now to short this fecker aint ya?
Quoting pipper
This is what i'm hoping for to play out on the 8Hr.. Forgive the shitty drawing and big green bar at end to show north.. I ran out of space
  • #26,976
  • Oct 19, 2011 2:19pm Oct 19, 2011 2:19pm
Quoting OldQuant
So did you play? Don't have time to read back.
sold a few this morning, covered, a little on the early side...
Look Sharp/Trade Tight
  • #26,977
  • Oct 19, 2011 2:20pm Oct 19, 2011 2:20pm
Quoting sisse
Are you using a stair step chart or a Kagi Chart?

sisse
I actually just pulled that word out from my head. Didn't know it was an actual thing.

Was just watching the HH/HL/LH/LL, sell retest of a broken low.

I've just always referred to it as stair stepping since the highs and lows tend to form stairs when drawing lines straight across from the swing highs/lows.
  • #26,978
  • Oct 19, 2011 2:24pm Oct 19, 2011 2:24pm
Quoting Venice
I actually just pulled that word out from my head. Didn't know it was an actual thing.

Was just watching the HH/HL/LH/LL, sell retest of a broken low.

I've just always referred to it as stair stepping since the highs and lows tend to form stairs when drawing lines straight across from the swing highs/lows.
i believe drop (or rally), followed by flat consolidation, followed by drop, etc. is commonly referred to as stair stepping pa...
  • #26,979
  • Oct 19, 2011 2:25pm Oct 19, 2011 2:25pm
lol. I hate waiting for those pips

Quoting hkkhanus
you bastard, you are going to make me wait now to short this fecker aint ya?
Disclaimer: Check your 1m charts
  • #26,980
  • Oct 19, 2011 2:26pm Oct 19, 2011 2:26pm
Quoting Venice
Stair step trading, so bloody fantastic.
c 3800?
those who can, do. those who cant, talk about those who can
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