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The Really Useless Thread

  • #44,301
  • Jan 1, 2012 7:50am Jan 1, 2012 7:50am
Quoting USD-Bear
wishing all bastards a happy, healthy and prosperous new year !
And to you, Bear...thanks brother!
  • #44,302
  • Jan 1, 2012 8:06am Jan 1, 2012 8:06am
Quoting kenfen69
Fly my pretties!
PM asking why the entries.

EURCAD was first...

Attached Image (click to enlarge)
Click to Enlarge Name: 5minEC.PNG Size: 21 KB


-Was watching USDCAD...it started north...implying CAD weakness.
-Clear M5 double bottom formed on this pair (yellow circle).
-M5 TL started to form (blue line).
-One last test of it (blue circle).
-In on candle with red arrow pointing at it.

EURAUD...

Attached Image (click to enlarge)
Click to Enlarge Name: 5minEA.PNG Size: 20 KB


-Five touches around the same resistance (yellow circles).
-M5 TL started to form (blue line).
-One last test toward it (blue circle).
-EURCAD was flying.
-In on candle with red arrow pointing at it.
  • #44,303
  • Jan 1, 2012 8:21am Jan 1, 2012 8:21am
Quoting kenfen69
PM asking why the entries.

EURCAD was first...

Attachment

-Was watching USDCAD...it started north...implying CAD weakness.
-Clear M5 double bottom formed on this pair (yellow circle).
-M5 TL started to form (blue line).
-One last test of it (blue circle).
-In on candle with red arrow pointing at it.

EURAUD...

Attachment

-Five touches around the same resistance (yellow circles).
-M5 TL started to form (blue line).
-One last test toward it (blue circle).
-EURCAD was flying.
-In on candle with red arrow pointing at it....
what was your confirmation (if any) for the u/c entry? e.g. break and close above prior candle high?

happy new year btw...
  • #44,304
  • Jan 1, 2012 8:43am Jan 1, 2012 8:43am
Quoting kenfen69
PM asking why the entries.

EURCAD was first...

Attachment

-Was watching USDCAD...it started north...implying CAD weakness.
-Clear M5 double bottom formed on this pair (yellow circle).
-M5 TL started to form (blue line).
-One last test of it (blue circle).
-In on candle with red arrow pointing at it.

EURAUD...

Attachment


-Five touches around the same resistance (yellow circles).
-M5 TL started to form (blue line).
-One last test toward it (blue circle).
-EURCAD was flying.
-In on candle with red...
Shit... That was a beautiful setup... :o
  • #44,305
  • Jan 1, 2012 8:44am Jan 1, 2012 8:44am
Quoting FibbinArchie
what was your confirmation (if any) for the u/c entry? e.g. break and close above prior candle high?

happy new year btw...
Oi Arch...Happy New Year, brother!

I assume you mean the EURCAD trade? This one was kind of going off a "finger on the pulse" kind of thing. Was tracking USDCAD pretty close...saw CAD weakening. EU did one final spike south and then stabilized. The double bottom and rising ECAD TL was enough to have my finger on the trigger. USDCAD survived one last M5 pullback, too. In...took a chance that the CAD weakness would continue. Was going to risk the lows of the double bottom...and enter another as close to that as possible.

I'm only on a netbook...still use Remote Desktop Connection back to my main rig, but is tough to watch many charts simultaneously right now. In hindsight, the smarter trade would have been short CADJPY...as the USD was also slightly losing ground to the Yen. But...

Don't know if I would have played that one anyway. Not really a fan of getting short on the Yen at these levels.
  • #44,306
  • Jan 1, 2012 8:47am Jan 1, 2012 8:47am
Quoting pkimnyc
Shit... That was a beautiful setup... :o




Not too bad, brother! The EC was sweet...virtually zero DD. EA had a few pips DD...nothing serious, though...single digits anyway.

Now I just need those levels to hold till the open or I'll look a right chump!
  • #44,307
  • Jan 1, 2012 8:55am Jan 1, 2012 8:55am
Quoting kenfen69




Not too bad, brother! The EC was sweet...virtually zero DD. EA had a few pips DD...nothing serious, though...single digits anyway.

Now I just need those levels to hold till the open or I'll look a right chump!
Yea brother. Especially ec. That washell of a setup. Congrats bro.
  • #44,308
  • Jan 1, 2012 8:57am Jan 1, 2012 8:57am
Quoting pkimnyc
Yea brother. Especially ec. That washell of a setup. Congrats bro.
Cheers brotha!

Got your charts open? ECad still above 32xx?
  • #44,309
  • Jan 1, 2012 9:03am Jan 1, 2012 9:03am
Quoting kenfen69
Cheers brotha!

Got your charts open? ECad still above 32xx?
Price is right where we closed.
  • #44,310
  • Jan 1, 2012 9:14am Jan 1, 2012 9:14am
Quoting pkimnyc
Price is right where we closed.
Noice!

How's the game? Good graphics?
  • #44,311
  • Jan 1, 2012 9:18am Jan 1, 2012 9:18am
Quoting kenfen69
Noice!

How's the game? Good graphics?
Bro, this game is sick. Just Like precious version, much more open end. Totally cool. Kick ass graphics.
  • #44,312
  • Jan 1, 2012 9:21am Jan 1, 2012 9:21am
Quoting kenfen69
Oi Arch...Happy New Year, brother!

I assume you mean the EURCAD trade? This one was kind of going off a "finger on the pulse" kind of thing. Was tracking USDCAD pretty close...saw CAD weakening. EU did one final spike south and then stabilized. The double bottom and rising ECAD TL was enough to have my finger on the trigger. USDCAD survived one last M5 pullback, too. In...took a chance that the CAD weakness would continue. Was going to risk the lows of the double bottom...and enter another as close to that as possible.

I'm only on a netbook...still...
yeah i did, still drunk from last night, drinking to excess not good...

ok, yeah your entries are intuitive based like mine, just thought you may have some kind of mechanical trigger...
  • #44,313
  • Jan 1, 2012 9:27am Jan 1, 2012 9:27am
Quoting FibbinArchie
yeah i did, still drunk from last night, drinking to excess not good...

ok, yeah your entries are intuitive based like mine, just thought you may have some kind of mechanical trigger...
Damn... That was a beauty...
  • #44,314
  • Jan 1, 2012 9:38am Jan 1, 2012 9:38am
Quoting Magix
FWIW, MST Zone here...

Finally...

Happy New Years ya Bastards!!!
Same to you mag.
  • #44,315
  • Jan 1, 2012 9:41am Jan 1, 2012 9:41am
Quoting FibbinArchie
yeah i did, still drunk from last night, drinking to excess not good...
Roger that...and ditto that! Or is it the fresh supply of cheap (price, not quality) Czech beer entering my blood stream?

Way too much schnitzel, too! How can something so bad for you taste so damn good!? Going to need a serious detox when I get home. Waaaaaay too much fun has been had. Feeling good, though. Having a ball. Is there such a thing as drinking for the right reasons? Certainly seems to hurt less than just drinking for the sake of it.

Quoting FibbinArchie
ok, yeah your entries are intuitive based like mine, just thought you may have some kind of mechanical trigger...
Yeah...I've never had a purely mechanical entry. I would have coded it a long time ago! I rarely enter a trade these days based off one chart...well...one instrument, I mean. I always use a few TFs...so never really enter off one chart.

But using several instruments...for coding...it is a little more complex to setup, but actually DOES become a little more mechanical when several pairs are involved. It reduces the "instinct" factor by a few percent, I think...which is music to the ears of a "robot."

Getting closer...one day!
  • #44,316
  • Jan 1, 2012 9:42am Jan 1, 2012 9:42am
Quoting pkimnyc
Bro, this game is sick. Just Like precious version, much more open end. Totally cool. Kick ass graphics.
Fakking A, mate! Delighted you got one you're into...great escape!
  • #44,317
  • Jan 1, 2012 9:44am Jan 1, 2012 9:44am
Quoting pkimnyc
Same to you mag.
Nice to see that bastard! Good skin!
  • #44,318
  • Jan 1, 2012 10:15am Jan 1, 2012 10:15am
http://townhall.com/tipsheet/helenwh...ance_down_to_5
  • #44,319
  • Jan 1, 2012 10:16am Jan 1, 2012 10:16am
http://www.discoverywines.com/images...ey-12-year.jpg
  • #44,320
  • Jan 1, 2012 10:19am Jan 1, 2012 10:19am
Quoting Venice
http://www.discoverywines.com/images...ey-12-year.jpg

Snifter or two of that, and you'll hate . n o t h i n g!
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