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The Really Useless Thread

  • #36,061
  • Nov 25, 2011 6:16am Nov 25, 2011 6:16am
now it sounds like a line in a porn movie

Quoting wannaberich
fucker is HARD, right?

can wait till we get on top of it
dreams do come true.
  • #36,062
  • Nov 25, 2011 6:18am Nov 25, 2011 6:18am
damn it 57 give it up..
Look Sharp/Trade Tight
  • #36,063
  • Nov 25, 2011 6:22am Nov 25, 2011 6:22am
Quoting chazzle
Could you possibly expand on that one , Sisse?
Sure Chazzle.

As you know, everything is about perspective and timing in trading. In the case of the euro, H4 charts are not magical or anything different but they have a very unique "property".

They can be aligned with sessions open and close and even more interesting they align with most of reports (not with news out of the blue obviously) meaning they are "aligned" when most of the real moves happen.

Despite of what direction are you trading, if you manage to align your trigger around this H4 times you could improve a lot your timing in terms of drawdowns and minimize your losses if you are wrong in direction and also in term of the potential good moves in a straight line if you are correct in your direction.

In simple words, let say for example that you wanted to long the euro a few minutes ago (as PTL mentioned). If you just fade the lows or close for example of the H4 bar that just closed (I guess you know how to fade or take a break in a level) or wait for your trigger (whatever it is) only after that rejection I can guarantee that you will have a dramatic impact in your timing.

In conclusion, this is about timing and IT WONT change anything if you don't know what you doing or if you are WRONG in your direction analysis. Also important to keep in mind is the TF so it will work only for the real intraday moves from M30 to H4 moves, below it will be useless as most of TA.

I hope it helps.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #36,064
  • Nov 25, 2011 6:24am Nov 25, 2011 6:24am
Quoting PayTheLimit
damn it 57 give it up..
lol...bastards arent they
  • #36,065
  • Nov 25, 2011 6:25am Nov 25, 2011 6:25am
Quoting darimik
lol...bastards arent they
big time..
Look Sharp/Trade Tight
  • #36,066
  • Nov 25, 2011 6:27am Nov 25, 2011 6:27am
I would have slept in.. had to wake up early today
  • #36,067
  • Nov 25, 2011 6:32am Nov 25, 2011 6:32am
im moving to vegas to play poker and trade part time... sounds like a good plan
  • #36,068
  • Nov 25, 2011 6:32am Nov 25, 2011 6:32am
ok, no more games, long from 3237ish, stops at 24ish, 3257 is giving it trouble, bears protecting a HH this hour, if we head south again, and close below 41, could be another leg down, no need to be a hero late friday...
Look Sharp/Trade Tight
  • #36,069
  • Nov 25, 2011 6:37am Nov 25, 2011 6:37am
Quoting PayTheLimit
ok, no more games, long from 3237ish, stops at 24ish, 3257 is giving it trouble, bears protecting a HH this hour, if we head south again, and close below 41, could be another leg down, no need to be a hero late friday...
Damn dustbin lines
Attached Image (click to enlarge)
Click to Enlarge Name: eu m5.gif Size: 21 KB
  • #36,070
  • Nov 25, 2011 6:40am Nov 25, 2011 6:40am
Quoting PayTheLimit
ok, no more games, long from 3237ish, stops at 24ish, 3257 is giving it trouble, bears protecting a HH this hour, if we head south again, and close below 41, could be another leg down, no need to be a hero late friday...
GL bro. We are in a different "time zone" again ....That tick below 1,323x opened trendy day in my books to sub 1.320x. If ES holds at the current levels for the opening range, there is a nice double play to the short side on the making. Not and easy trigger on the euro (still time) but a very clear one on the ES.... We;ll see

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #36,071
  • Nov 25, 2011 6:41am Nov 25, 2011 6:41am
Quoting AllyB
Damn dustbin lines
nice, what indicator is the histogram?
Look Sharp/Trade Tight
  • #36,072
  • Nov 25, 2011 6:42am Nov 25, 2011 6:42am
yours and Glens method.

great work.

wish i could "dustbin" like that...


Quoting AllyB
Damn dustbin lines
dreams do come true.
  • #36,073
  • Nov 25, 2011 6:46am Nov 25, 2011 6:46am
am finally getting the no supplies i was looking for so one good looking bull candle (bullish engulfing woould be perfect) on the 5m is all it takes for me to long.

in fact, i just got it so i am long a round of mascatel.

Quoting sisse
GL bro. We are in a different "time zone" again ....That tick below 1,323x opened trendy day in my books to sub 1.320x. If ES holds at the current levels for the opening range, there is a nice double play to the short side on the making. Not and easy trigger on the euro (still time) but a very clear one on the ES.... We;ll see

sisse
dreams do come true.
  • #36,074
  • Nov 25, 2011 6:50am Nov 25, 2011 6:50am
Quoting PayTheLimit
nice, what indicator is the histogram?
it called 1-retracement finder 1 ... put both on a M1 chart and when they agree that is the trend changing. It's handy when you get trending like now but I have gotten away from the M1 chart so don't really use it that much now. Actually I just like the way it looks with my red and blue forexfreedom balls
  • #36,075
  • Nov 25, 2011 6:52am Nov 25, 2011 6:52am
Quoting wannaberich
yours and Glens method.

great work.

wish i could "dustbin" like that...
ah, it's a piece of cake
  • #36,076
  • Nov 25, 2011 6:53am Nov 25, 2011 6:53am
closed that oil short early damit
  • #36,077
  • Nov 25, 2011 6:54am Nov 25, 2011 6:54am
Quoting AllyB
with my red and blue forexfreedom balls

Look Sharp/Trade Tight
  • #36,078
  • Nov 25, 2011 6:55am Nov 25, 2011 6:55am
don't make fun of us poor people... everything is easy for the ones who know how to.



Quoting AllyB
ah, it's a piece of cake
dreams do come true.
  • #36,079
  • Nov 25, 2011 6:56am Nov 25, 2011 6:56am
long cable at 75 looking for 70 to hold sl 60
Attached Image
  • #36,080
  • Nov 25, 2011 6:56am Nov 25, 2011 6:56am
Quoting wannaberich
am finally getting the no supplies i was looking for so one good looking bull candle (bullish engulfing woould be perfect) on the 5m is all it takes for me to long.

in fact, i just got it so i am long a round of mascatel.
don't think so bro. All bulls are cleaned in all TF even weekly so it will take something else to convince to fresh buy on Friday. US coming in a couple of minutes and trendy day for at least +100 more ticks down looks a done deal...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
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