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The Really Useless Thread

  • #34,081
  • Nov 16, 2011 6:55pm Nov 16, 2011 6:55pm
Quoting gatorinla
we have a db in the smaller tf.. and now have gone back to the last b/o area. back to the new bottom will form a new smaller hump. a formation common before a big move b/o. sometimes it makes 2 humps. worth paying attention to.
on a bigger tf.. today's move may be a second little hump on the 4h.. a b/o on the bigger tf should produce 3150 area
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those who can, do. those who cant, talk about those who can
  • #34,082
  • Nov 16, 2011 7:09pm Nov 16, 2011 7:09pm
day chart.
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those who can, do. those who cant, talk about those who can
  • #34,083
  • Nov 16, 2011 7:32pm Nov 16, 2011 7:32pm
do r die 55 may bring 89
those who can, do. those who cant, talk about those who can
  • #34,084
  • Nov 16, 2011 7:41pm Nov 16, 2011 7:41pm
Quoting Larseg
Its funny,

Same as telling people before they buy alcohol that its dangerous... Wouldn't get much reaction I reckon...

However, I dont look at these times as bad r:r or crappy times, in fact the more volatile the easier my job is...

From a non-trader prospective I reckon it looks very good though, as in; I would love to start trading with oanda cause they seem so honest good...
Exactly what I was thinking. I was impressed with their communication to their customers on this respect.

However, as you stated, as long as you play with the proper r/r, it really doesn't matter; volatile or not.
  • #34,085
  • Nov 16, 2011 7:46pm Nov 16, 2011 7:46pm
Everyone be sure to load up on EU before the Spanish and french Bond auction tonight... The ECB doesn't like to disappoint.... My account is loving Draghi... Although I think he is a goldmanite piece of shit

*yawn*
  • #34,086
  • Nov 16, 2011 7:51pm Nov 16, 2011 7:51pm
Quoting Wulfgar
Everyone be sure to load up on EU before the Spanish and french Bond auction tonight... The ECB doesn't like to disappoint.... My account is loving Draghi... Although I think he is a goldmanite piece of shit

*yawn*
It's amazing what 10 pips will do. That close that I was referencing last night on swissy, closed above, and completely switched my view point around.
  • #34,087
  • Nov 16, 2011 8:01pm Nov 16, 2011 8:01pm
Quoting Venice
It's amazing what 10 pips will do. That close that I was referencing last night on swissy, closed above, and completely switched my view point around.
That 9150 was a monster pivotal area for guys like us who trade larger moves... Similar to the 3480 on the EU IMHO..

If this week can close on the swissy convincingly above the 9314... I'm going to add another agressive leg long...

FA and PA are lining up well for a sustained large upmove in the UsdCHF... It isn't extremely often global macro order flow events line up like this... With patience and good R:R a potential position like this can really make a traders year..
  • #34,088
  • Nov 16, 2011 8:06pm Nov 16, 2011 8:06pm
Long 3450...TSL....Looking for 3480-ish
  • #34,089
  • Nov 16, 2011 8:38pm Nov 16, 2011 8:38pm
Quoting needpips
Long 3450...TSL....Looking for 3480-ish
closed it for 20+....fuggidaboutdit......
  • #34,090
  • Nov 16, 2011 9:03pm Nov 16, 2011 9:03pm
This video is completely relevant:

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  • #34,091
  • Nov 16, 2011 9:37pm Nov 16, 2011 9:37pm
looking to s 3492 area.. pa indicates 3489 min
its possible to go to 3690 and be within the tl... the mid is 3555 (today's high)... the 1/4 is 3492 got a fib at 3495..
atm we are stuck at the mid of a lower channel.. i have 3 crows on the daily candle prier. suggesting lower. today's pa indicates the levels already posted #34072. getting above 3555 would invalidate them.
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those who can, do. those who cant, talk about those who can
  • #34,092
  • Nov 16, 2011 9:41pm Nov 16, 2011 9:41pm
looks long and strong all around, daily bottom?
Don't have an ego. Always question yourself and your ability.
  • #34,093
  • Nov 16, 2011 10:08pm Nov 16, 2011 10:08pm
Tonight I would like to have the ECB come in about 0730GMT and begin buying buttloads of beatdown eurozone sovereign bonds so I will be long e/u about then. Around 0930GMT, about 100 pips later, I'd like whozits to talk shit about the euro and the markets will be like a dachsund choking on a chicken bone, so it will be time to go short. If I don't fall asleep it will be acceptable if it does that cyclically until I have made too much money.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #34,094
  • Nov 16, 2011 10:33pm Nov 16, 2011 10:33pm
Quoting The Fool
Tonight I would like to have the ECB come in about 0730GMT and begin buying buttloads of beatdown eurozone sovereign bonds so I will be long e/u about then. Around 0930GMT, about 100 pips later, I'd like whozits to talk shit about the euro and the markets will be like a dachsund choking on a chicken bone, so it will be time to go short. If I don't fall asleep it will be acceptable if it does that cyclically until I have made too much money.
sounds good bro
  • #34,095
  • Edited 10:49pm Nov 16, 2011 10:37pm | Edited 10:49pm
Quoting gatorinla
looking to s 3492 area.. pa indicates 3489 min
its possible to go to 3690 and be within the tl... the mid is 3555 (today's high)... the 1/4 is 3492 got a fib at 3495..
atm we are stuck at the mid of a lower channel.. i have 3 crows on the daily candle prier. suggesting lower. today's pa indicates the levels already posted #34072. getting above 3555 would invalidate them.
looks like my levels were off.. so i stretched the chart... to get a closer view. 3489 or 92/95 are using a different method.
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those who can, do. those who cant, talk about those who can
  • #34,096
  • Nov 16, 2011 10:39pm Nov 16, 2011 10:39pm
morning..
Look Sharp/Trade Tight
  • #34,097
  • Nov 16, 2011 10:52pm Nov 16, 2011 10:52pm
3492..yesterdays mid..
Look Sharp/Trade Tight
  • #34,098
  • Nov 16, 2011 10:54pm Nov 16, 2011 10:54pm
last weeks low, again, bastards have turned it into swiss cheese...
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Look Sharp/Trade Tight
  • #34,099
  • Nov 16, 2011 11:01pm Nov 16, 2011 11:01pm
Quoting PayTheLimit
morning..
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  • #34,100
  • Nov 16, 2011 11:05pm Nov 16, 2011 11:05pm
Quoting fxjawn
http://www.youtube.com/watch?v=7V1-eIDha5Q
nice, used to watch reruns, set in Chicago...
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Look Sharp/Trade Tight
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