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The Really Useless Thread

  • #33,901
  • Nov 16, 2011 6:32am Nov 16, 2011 6:32am
Quoting USD-Bear
nice, waiting how 99.70 area behaves

USOil M15:
Attachment
nice good luck brother i know your doing well with oil
  • #33,902
  • Nov 16, 2011 6:34am Nov 16, 2011 6:34am
3517 is the mid of the big down bar...
Look Sharp/Trade Tight
  • #33,903
  • Nov 16, 2011 6:36am Nov 16, 2011 6:36am
Quoting PayTheLimit
you bastards..
I hear ya bro - f*** this PA
  • #33,904
  • Nov 16, 2011 6:39am Nov 16, 2011 6:39am
Quoting chazzle
I hear ya bro - f*** this PA

its very clear from where im sitting
  • #33,905
  • Nov 16, 2011 6:41am Nov 16, 2011 6:41am
Quoting Larseg
its very clear from where im sitting
the 5min you bastard...
Look Sharp/Trade Tight
  • #33,906
  • Nov 16, 2011 6:41am Nov 16, 2011 6:41am
Here is the promised chart (sorry for the poor quality).

1.3495 is THE level to watch today, imho
Attached Image (click to enlarge)
Click to Enlarge Name: 16-11-2011 - EURUSD Channel Long.jpg Size: 165 KB
Getting it right is NOT as important as not getting it wrong.
  • #33,907
  • Nov 16, 2011 6:44am Nov 16, 2011 6:44am
Quoting fxjawn
i have my uk account open now so ill be able to dabble in oil along with you and some metals as well
how'd you swing that? - i thought they were'nt letting usa peeps in...?
"If The Fool persists in his Folly he will become wise." - William Blake
  • #33,908
  • Nov 16, 2011 6:45am Nov 16, 2011 6:45am
Quoting fxswing
Here is the promised chart (sorry for the poor quality).

1.3495 is THE level to watch today, imho
you're too polite, only bastards here
Don't be a hero. Don't have an ego. Always question yourself
  • #33,909
  • Nov 16, 2011 6:45am Nov 16, 2011 6:45am
Quoting USD-Bear
you're too polite, only bastards here
truth..
Look Sharp/Trade Tight
  • #33,910
  • Nov 16, 2011 6:46am Nov 16, 2011 6:46am
Quoting USD-Bear
you're too polite, only bastards here
Ok, I'm taking note

Bastards only, no MOFO's ?
Getting it right is NOT as important as not getting it wrong.
  • #33,911
  • Nov 16, 2011 6:47am Nov 16, 2011 6:47am
Quoting fxswing
Here is the promised chart (sorry for the poor quality).

1.3495 is THE level to watch today, imho

could you explain a bit further, I see we have been back and forth against 95, in what capacity are you watching that level, hourly, daily close? thanks, PTL...
Look Sharp/Trade Tight
  • #33,912
  • Nov 16, 2011 6:48am Nov 16, 2011 6:48am
Quoting chazzle
I hear ya bro - f*** this PA
indeed, just got a few back off that last mid/test...jags, force me to scalp a few...hate it..
Look Sharp/Trade Tight
  • #33,913
  • Nov 16, 2011 6:51am Nov 16, 2011 6:51am
Quoting PayTheLimit
could you explain a bit further, I see we have been back and forth against 95, in what capacity are you watching that level, hourly, daily close? thanks, PTL...
This is yesterday's low.
Take the 3 last days and 1.3495 is the lowest point for that period, once breached you have what is called a 3DB (3days break), and this point become important, because market will either start to make new 3 days lows, or if it can't will reverse and try to make new 3 days highs...

So far if buyers can't push above 1.3495 and stay above it, the sellers will continue and push for new 3 days lows.

Not sure if it's clear...
Getting it right is NOT as important as not getting it wrong.
  • #33,914
  • Nov 16, 2011 6:53am Nov 16, 2011 6:53am
Quoting fxswing
This is yesterday's low.
Take the 3 last days and 1.3495 is the lowest point for that period, once breached you have what is called a 3DB (3days break), and this point become important, because market will either start to make new 3 days lows, or if it can't will reverse and try to make new 3 days highs...

So far if buyers can't push above 1.3495 and stay above it, the sellers will continue and push for new 3 days lows.

Not sure if it's clear...
Pretty clear, one question, when you say stay above it then, do you speak of the buyers closing above it on the close then?
Look Sharp/Trade Tight
  • #33,915
  • Nov 16, 2011 6:55am Nov 16, 2011 6:55am
Quoting PayTheLimit
Pretty clear, one question, when you say stay above it then, do you speak of the buyers closing above it on the close then?
Yep, by the close of the day, you're right.
Getting it right is NOT as important as not getting it wrong.
  • #33,916
  • Nov 16, 2011 7:00am Nov 16, 2011 7:00am
Quoting fxswing
Yep, by the close of the day, you're right.
understood...and welcome to the thread you bastard...
Look Sharp/Trade Tight
  • #33,917
  • Nov 16, 2011 7:03am Nov 16, 2011 7:03am
Quoting PayTheLimit
understood...and welcome to the thread you bastard...
Getting it right is NOT as important as not getting it wrong.
  • #33,918
  • Nov 16, 2011 7:08am Nov 16, 2011 7:08am
took another chance at a long here at 88...last trade of the day, thats for damn sure...
Look Sharp/Trade Tight
  • #33,919
  • Nov 16, 2011 7:11am Nov 16, 2011 7:11am
risk em to 60, offer 3560...
Look Sharp/Trade Tight
  • #33,920
  • Nov 16, 2011 7:15am Nov 16, 2011 7:15am
Quoting PayTheLimit
understood...and welcome to the thread you bastard...
oh and pay no attention to fxjawn he talks to himself alot...

bbl, gl, PTL...
Look Sharp/Trade Tight
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