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The Really Useless Thread

  • #28,301
  • Oct 21, 2011 2:52pm Oct 21, 2011 2:52pm
+20 will do me too

Quoting pipper
Climbing up the tl (15min)

Watch out for the move north (1min)
Disclaimer: Check your 1m charts
  • #28,302
  • Oct 21, 2011 2:52pm Oct 21, 2011 2:52pm
wanna s at 86.9.. but too late.
those who can, do. those who cant, talk about those who can
  • #28,303
  • Oct 21, 2011 2:54pm Oct 21, 2011 2:54pm
Have a good weekend all. May get gap up Sunday if knob-heads in Euro come up with something
Disclaimer: Check your 1m charts
  • #28,304
  • Oct 21, 2011 3:53pm Oct 21, 2011 3:53pm
wanted to put a sh entry at 3940, but just not gonna chance it this weekend...1.40 then [1.42-ish will be a backtest of the daily LTL] I think it goes there
  • #28,305
  • Oct 21, 2011 4:38pm Oct 21, 2011 4:38pm
Quoting needpips
wanted to put a sh entry at 3940, but just not gonna chance it this weekend...1.40 then [1.42-ish will be a backtest of the daily LTL] I think it goes there
i got a mimic descending tl at 3899.. i just noticed it.. the one above is at 4110 the one below 3635 areas.. pa suggested 4075,, but usdx has a support to beat.. ????????????????????????????? later
those who can, do. those who cant, talk about those who can
  • #28,306
  • Oct 21, 2011 8:41pm Oct 21, 2011 8:41pm
bs wave... i can also make this shit whatever i want. lol
Attached Image (click to enlarge)
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  • #28,307
  • Edited Oct 22, 2011 12:09am Oct 21, 2011 11:47pm | Edited Oct 22, 2011 12:09am
Quoting pkimnyc
bs wave... i can also make this shit whatever i want. lol
looks bullish to me.. but in may be just because Greece optimism.. breaching the db you have and i will change suits.. since it has a db a head fake to bottom is possible and it will still be bullish even more so r/r wise till the bottom is breached. there will be many accounts lost in this grinder. atm the best r/r is south. even if its bullish.. you don't long the top because of drawdown. you wait for a bounce before you long. a high is a high by definition. stops above the high, then at b.e. is good r/r for a s. if we are in a range. we have a hL but 3914 is still the high.. until its not. using the usdx..as a bottom the eu may go to 3934/60 (guestiment). but this may not happen if the euro strengthens against all the usdx basket currencies. its possible for the usdx to bottom at the last low..while the eu goes higher. or even lower and the usdx still can hit the same support. the usdx is only 18 pips away from the last low (sept. 15) as the pairs equalize 3914 area or 3899 may be the new top. don't get me wrong pa said the eu will go to 4077.. but it has to break support to do that on the usdx.. and resistance on the eu. so we should have violent bounces. in these bounce s/r can be breached and change direction.. if the eu didn't manage to get a HH and makes a LL .. this particular one is one of the best places i c for reversal.. even if we do get a hh.. the usdx has to break that support. both have to agree.
those who can, do. those who cant, talk about those who can
  • #28,308
  • Oct 22, 2011 2:42am Oct 22, 2011 2:42am
Quoting gatorinla
looks bullish to me.. but in may be just because Greece optimism.. breaching the db you have and i will change suits.. since it has a db a head fake to bottom is possible and it will still be bullish even more so r/r wise till the bottom is breached. there will be many accounts lost in this grinder. atm the best r/r is south. even if its bullish.. you don't long the top because of drawdown. you wait for a bounce before you long. a high is a high by definition. stops above the high, then at b.e. is good r/r for a s. if we are in a range. we have...
100% agree and thats why i closed my last longs from 3843 even though I was in green. We are getting very close to the highs and if we reverse, o boy. I am eagerly waiting for that.
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #28,309
  • Edited 9:48am Oct 22, 2011 3:53am | Edited 9:48am
Quoting pkimnyc
bs wave... i can also make this shit whatever i want. lol
yeah , some pudendal waves going on here .once started must do or die for the time, 4048 not even 3936 broken yet !! there are rooms for down also . so whatsover , wave 5th of 3rd or 3rd for big reversal up or possible big failure at or before 3913 as real punishment for the euro craziness . try the hard .
fontu

Not a long term trader or able follow higher tf while day trading ,still check the weekly old chart for next 9 months market intentions & recheck time time as a reference if adhere with it or the weekly to me at present.

http://www.forexfactory.com/showthre...58#post5063158
Attached Image(s) (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #28,310
  • Oct 22, 2011 10:36am Oct 22, 2011 10:36am
peek at the last month closed candle. its not bullish in the least.. a bounce to the open with any weakness in the next 19 days can easily put us back to that open in just a few days. last y close was about 3388.. we breached it. a bounce after breach is normal.. we bounced w/o getting to previous years close last year, if i recall correctly.. just above w bounced. its why a scalp. and sometimes hold them.. i have an imaginary line at 3899.. before this i was sure 3934/37 (at least st for a few hundred) was a good top area. now pa says higher.. we will c..
those who can, do. those who cant, talk about those who can
  • #28,311
  • Oct 22, 2011 11:25am Oct 22, 2011 11:25am
Quoting gatorinla
looks bullish to me.. but in may be just because Greece optimism.. breaching the db you have and i will change suits.. since it has a db a head fake to bottom is possible and it will still be bullish even more so r/r wise till the bottom is breached. there will be many accounts lost in this grinder. atm the best r/r is south. even if its bullish.. you don't long the top because of drawdown. you wait for a bounce before you long. a high is a high by definition. stops above the high, then at b.e. is good r/r for a s. if we are in a range. we have...
i'm ready.

whichever the case may be.... shorter tf often times give out very nice opportunities.
Attached Image(s) (click to enlarge)
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  • #28,312
  • Oct 22, 2011 3:12pm Oct 22, 2011 3:12pm
Quoting kill56
dammmm
All your fault.... You bastard...
  • #28,313
  • Oct 22, 2011 8:48pm Oct 22, 2011 8:48pm
Lots of gloriously bullish stuff comin out of this weekends meeting

Eu sees 4155 this week???
  • #28,314
  • Oct 22, 2011 9:58pm Oct 22, 2011 9:58pm
Quoting Wulfgar
Lots of gloriously bullish stuff comin out of this weekends meeting
if the burning building is not visibly falling down or exploding, then sure its perfectly safe to go inside
"If The Fool persists in his Folly he will become wise." - William Blake
  • #28,315
  • Oct 22, 2011 10:10pm Oct 22, 2011 10:10pm
Quoting Wulfgar
Lots of gloriously bullish stuff comin out of this weekends meeting

Eu sees 4155 this week???
bs....

bullish stuff?
bull shit?
  • #28,316
  • Oct 23, 2011 12:27am Oct 23, 2011 12:27am
Quoting The Fool
if the burning building is not visibly falling down or exploding, then sure its perfectly safe to go inside
Very true & so go inside to test how safe it is now or soon. break 3913/39 for bullish /bullshit scam confirmation from their summits & happy with before the rest not visible before start in the scene. Lots of sign of life before the end.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #28,317
  • Oct 23, 2011 12:41am Oct 23, 2011 12:41am
Quoting Wulfgar
Lots of gloriously bullish stuff comin out of this weekends meeting

Eu sees 4155 this week???
means u better get ur short finger ready lol
  • #28,318
  • Edited 1:23am Oct 23, 2011 12:46am | Edited 1:23am
its bullish till its not.. but to blindly follow it, is a fools game.. there will be big bounces. both ways. to re check a s/r is normal..st here w/o the media bs ..the r/r is better in one direction.. like is said i had a pending in the mid 30ties for 2 weeks now. i cancelled it, because pa said on the last bounce 3976/77.. but i have a minic tl at 3999.. its descending.. so its possible that we are at the high. the week closed bullish but the month closed bearish bearish, after breaking last years close on a daily. .. so all shorter term looks bullish.. but the lt is giving a different signal.. bulls need a hh.. its a ponzi scheme.. you have to keep getting buyers to continue. if the scale goes the other way.. it starts for that ponzi scheme direction.. then it all starts over again.
for the eu to get to 3976/77.. the usdx will get below the red support line.. but just below it is a L mofu.. a great place to reverse. in this 78 pip area.. or at any time now..it don't mean we will reverse. but if all are bullish.. i would rather bet against all. the r/r is better. if i had to be one way.. it would be s at 3899 i would lose a few or make a lot more
Attached Image (click to enlarge)
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those who can, do. those who cant, talk about those who can
  • #28,319
  • Oct 23, 2011 1:38am Oct 23, 2011 1:38am
mofu ahead of the leg from 4939/3145...any way to slice it, we are coming to a big area, still think, depending on PA next week, or two, the rest of the year will prolly be decided...
Attached Image (click to enlarge)
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Look Sharp/Trade Tight
  • #28,320
  • Oct 23, 2011 1:46am Oct 23, 2011 1:46am
orange is the up leg from 2873 to 4939, and purple the down leg from above..
Attached Image (click to enlarge)
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Look Sharp/Trade Tight
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