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The Really Useless Thread

  • #33,981
  • Nov 16, 2011 10:56am Nov 16, 2011 10:56am
Quoting fxjawn
lol hi bro... i was giving u shit last night to make u talk to me but u would not

u just came online to be all sassy about bein bullish then when u logged off the ecb crashed the rally lol
Ya I lawnged the EU from 3435 at the Frankie open based soley on the faggotry of the ECB... Yay... Then I went tew bed


How did u do last night?
  • #33,982
  • Nov 16, 2011 10:58am Nov 16, 2011 10:58am
Quoting fxjawn
thats just some facts i have retained from reading about it...

the stuff i learned on the rig was about how they get it out of the ground and from what formations and why.. which is also very interesting...
Ya u told me abt sum of that... Glorious stuff
  • #33,983
  • Nov 16, 2011 11:02am Nov 16, 2011 11:02am
Quoting Wulfgar
Ya I lawnged the EU from 3435 at the Frankie open based soley on the faggotry of the ECB... Yay... Then I went tew bed


How did u do last night?
shitty....

took a couple of dumb trades then got caught on that ecb spike down...

almost got it all back now
  • #33,984
  • Nov 16, 2011 11:06am Nov 16, 2011 11:06am
Quoting Wulfgar
Ya I lawnged the EU from 3435 at the Frankie open based soley on the faggotry of the ECB... Yay... Then I went tew bed


How did u do last night?
im not cool like that...i suck now the market does not just launch off my entries why didnt u take 3431 u shudda taken 3431
  • #33,985
  • Nov 16, 2011 11:09am Nov 16, 2011 11:09am
Quoting fxjawn
shitty....

took a couple of dumb trades then got caught on that ecb spike down...

almost got it all back now
Well got it back which is what matters... U have always been moar resilient than me when it comes to battling back after drawdowns...

We will prolly see alot more crazy bond based ECB shit before the years end... The ECB is gonna be very busy bouying Europe by themselves...


So much for them not wanting to be a lender of last resort
  • #33,986
  • Nov 16, 2011 11:14am Nov 16, 2011 11:14am
Quoting Wulfgar
Well got it back which is what matters... U have always been moar resilient than me when it comes to battling back after drawdowns...

We will prolly see alot more crazy bond based ECB shit before the years end... The ECB is gonna be very busy bouying Europe by themselves...


So much for them not wanting to be a lender of last resort
yea breaking even is not acceptable though...

i hate being happy for not loosing it seems rediculous.. like the market allowed me to make it another day without taking my money... fuck that...

ill never be happy about losses or breaking even

gotta be profitable or there is no point to this its just a hobby..

anyways you can have looking days but need to end the week in profit
  • #33,987
  • Nov 16, 2011 11:15am Nov 16, 2011 11:15am
Quoting fxjawn
yea breaking even is not acceptable though...

i hate being happy for not loosing it seems rediculous.. like the market allowed me to make it another day without taking my money... fuck that...

ill never be happy about losses or breaking even

gotta be profitable or there is no point to this its just a hobby..

anyways you can have looking days but need to end the week in profit
Thats why you got to keep the r/r tight man. If your wrong, be wrong, and wait for the next setup.
  • #33,988
  • Nov 16, 2011 11:18am Nov 16, 2011 11:18am
Quoting Venice
Thats why you got to keep the r/r tight man. If your wrong, be wrong, and wait for the next setup.
yep r:r is key bc at key levels you can keep your risk tight so you dont get stopped and then the market goes in your way after going a few pips past your stop
  • #33,989
  • Nov 16, 2011 11:19am Nov 16, 2011 11:19am
Quoting Wulfgar
Well got it back which is what matters... U have always been moar resilient than me when it comes to battling back after drawdowns...

We will prolly see alot more crazy bond based ECB shit before the years end... The ECB is gonna be very busy bouying Europe by themselves...


So much for them not wanting to be a lender of last resort
e banks closed.
e banks need to raise capitol as depositors leave. they sell assets
so the e banks don't sell off assets to u.s. banks/investors, when closed. less need to convert usd to euros after e close... so less euro demand. shall we dance?
those who can, do. those who cant, talk about those who can
  • #33,990
  • Nov 16, 2011 11:20am Nov 16, 2011 11:20am
Quoting fxjawn
yep r:r is key bc at key levels you can keep your risk tight so you dont get stopped and then the market goes in your way after going a few pips past your stop
lol, I actually don't use stops, but closes. A close under x level means I am wrong, close it out. Be done with it. Volatility can be maddening at times.
  • #33,991
  • Nov 16, 2011 11:23am Nov 16, 2011 11:23am
Quoting Venice
lol, I actually don't use stops, but closes. A close under x level means I am wrong, close it out. Be done with it. Volatility can be maddening at times.
nor do i .... i hate stops... ill put em at BE if im gonna be away for hours or someting bc there is no since in turning a winner into a looser

i know what u mean sometimes i just have a bad day though its wired
  • #33,992
  • Nov 16, 2011 11:23am Nov 16, 2011 11:23am
Quoting fxjawn
yep r:r is key bc at key levels you can keep your risk tight so you dont get stopped and then the market goes in your way after going a few pips past your stop
easily corrected. place your entry where you want your stops. not a damn thing wrong with missing a trade.
those who can, do. those who cant, talk about those who can
  • #33,993
  • Nov 16, 2011 11:25am Nov 16, 2011 11:25am
Quoting fxjawn
yea breaking even is not acceptable though...

i hate being happy for not loosing it seems rediculous.. like the market allowed me to make it another day without taking my money... fuck that...

ill never be happy about losses or breaking even

gotta be profitable or there is no point to this its just a hobby..

anyways you can have looking days but need to end the week in profit
Ya it's the endgame they matters... Depending on the TF u r working with

That's why I don't like daytrading right now... Ups and downs are too frustrating... I can sit in longer term positions and build em
While not getting caught up in whipsaw BS and ultimately add 50-100+% to my accnt in 6-9 months per trade
  • #33,994
  • Nov 16, 2011 11:29am Nov 16, 2011 11:29am
Quoting gatorinla
e banks closed.
e banks need to raise capitol as depositors leave. they sell assets
so the e banks don't sell off assets to u.s. banks/investors, when closed. less need to convert usd to euros after e close... so less euro demand. shall we dance?
My sentiments exactly

Unless we get some
Serious Bot action
  • #33,995
  • Nov 16, 2011 11:34am Nov 16, 2011 11:34am
Quoting Venice
lol, I actually don't use stops, but closes. A close under x level means I am wrong, close it out. Be done with it. Volatility can be maddening at times.
I like closes too... But I always use hard stops... Even if they are stupidly far away... Many of my reasons for exiting trades are event risk based too... As are many reasons for entering

I.e. If I got a reason to be in I'm in.... If that reason changes I'm out...
  • #33,996
  • Nov 16, 2011 11:36am Nov 16, 2011 11:36am
Quoting Venice
And, 5m is starting to freakeshly look like a H&S. boo. lol.

In demand zone on 15m. Let's see where she goes.
BE+1, time of day and all... not really interesting in risking much here... will be a turd or a new swing trade.

GL all.
  • #33,997
  • Nov 16, 2011 11:36am Nov 16, 2011 11:36am
Quoting Wulfgar
I like closes too... But I always use hard stops... Even if they are stupidly far away... Many of my reasons for exiting trades are event risk based too... As are many reasons for entering

I.e. If I got a reason to be in I'm in.... If that reason changes I'm out...
like you would buy tyson stock bc you love chicken?
  • #33,998
  • Nov 16, 2011 11:40am Nov 16, 2011 11:40am
Quoting Wulfgar
My sentiments exactly

Unless we get some
Serious Bot action
hit 3458 and launch this bitch.. i had st 3576.. even 3580/xx 3607... but we didn't get there. u.s. stocks/s&p do better w/o e crap. it may not make 3535 this time. it would be no surprise to me. if it gets slapped down
those who can, do. those who cant, talk about those who can
  • #33,999
  • Nov 16, 2011 11:49am Nov 16, 2011 11:49am
just got back to my platform and charts.. lets see what I missed..
  • #34,000
  • Nov 16, 2011 11:51am Nov 16, 2011 11:51am
Quoting gatorinla
oil hit 102.02 i have 102.02 as 161 %.. also an old level at 102.17.......... so it may be toppy... toppy oil is usually reflected on commodity pairs and the euro/usd
will it or not?
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those who can, do. those who cant, talk about those who can
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