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The Really Useless Thread

  • #48,521
  • Jan 19, 2012 3:00am Jan 19, 2012 3:00am
the LO mid, 2863...free of charge..
Look Sharp/Trade Tight
  • #48,522
  • Jan 19, 2012 3:01am Jan 19, 2012 3:01am
Showtime!
" Never let the past hold the future to ransom "
  • #48,523
  • Jan 19, 2012 3:01am Jan 19, 2012 3:01am
Quoting PayTheLimit
the LO mid, 2863...free of charge..
2 thumbs up bro. Very well done with that trade.... Everything else above 1.289x this week will be a nice freeby...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #48,524
  • Jan 19, 2012 3:04am Jan 19, 2012 3:04am
Quoting sisse
2 thumbs up bro. Very well done with that trade.... Everything else above 1.289x this week will be a nice freeby...

sisse
thanks mate, but I'm not out of the woods yet, playing for 2985 (todays free chicken level), still a ways off...we did get a good push thru 2857, now lets see if its the real deal...
Look Sharp/Trade Tight
  • #48,525
  • Jan 19, 2012 3:15am Jan 19, 2012 3:15am
Quoting PayTheLimit
the LO mid, 2863...free of charge..
wonder if that will hold them now, would be a nice springboard...
Look Sharp/Trade Tight
  • #48,526
  • Jan 19, 2012 3:15am Jan 19, 2012 3:15am
Quoting PayTheLimit
thanks mate, but I'm not out of the woods yet, playing for 2985 (todays free chicken level), still a ways off...we did get a good push thru 2857, now lets see if its the real deal...

range of daily lows between 2890/2910 to get through

pa is not too convincing right now
" Never let the past hold the future to ransom "
  • #48,527
  • Jan 19, 2012 3:17am Jan 19, 2012 3:17am
Quoting PayTheLimit
thanks mate, but I'm not out of the woods yet, playing for 2985 (todays free chicken level), still a ways off...we did get a good push thru 2857, now lets see if its the real deal...
Not sure if we can get that far this week. Rejection of weekly highs in play in a downtrend in that TF...In any case GL

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #48,528
  • Jan 19, 2012 3:18am Jan 19, 2012 3:18am
Quoting Gleneagles
range of daily lows between 2890/2910 to get through

pa is not too convincing right now
sure, I'm using 2895 in that vicinity, its a mid from an hourly bar that shit its pants on the 5th of Jan...
Look Sharp/Trade Tight
  • #48,529
  • Jan 19, 2012 3:48am Jan 19, 2012 3:48am
using 2958 as last years close here...
Look Sharp/Trade Tight
  • #48,530
  • Jan 19, 2012 4:00am Jan 19, 2012 4:00am
2886, last hours mid...
Look Sharp/Trade Tight
  • #48,531
  • Jan 19, 2012 4:02am Jan 19, 2012 4:02am
Changing over to dustbin mode now

Price may range for awhile

+40 +21
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" Never let the past hold the future to ransom "
  • #48,532
  • Jan 19, 2012 4:04am Jan 19, 2012 4:04am
Quoting Gleneagles
Changing over to dustbin mode now

Price may range for awhile

+40 +21
nice bro..
Look Sharp/Trade Tight
  • #48,533
  • Jan 19, 2012 4:10am Jan 19, 2012 4:10am
Quoting PayTheLimit
nice bro..
I am buying...if I can hit a few dustbins we can eat as well
" Never let the past hold the future to ransom "
  • #48,534
  • Jan 19, 2012 4:12am Jan 19, 2012 4:12am
Quoting Gleneagles
I am buying...if I can hit a few dustbins we can eat as well
well I was going to buy, but lets not argue...
Look Sharp/Trade Tight
  • #48,535
  • Jan 19, 2012 4:16am Jan 19, 2012 4:16am
Quoting PayTheLimit
well I was going to buy, but lets not argue...
tomorrow is also good ...
" Never let the past hold the future to ransom "
  • #48,536
  • Jan 19, 2012 4:18am Jan 19, 2012 4:18am
Quoting Gleneagles
tomorrow is also good ...
lol, done...
Look Sharp/Trade Tight
  • #48,537
  • Jan 19, 2012 4:50am Jan 19, 2012 4:50am
Taking a break till NY
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" Never let the past hold the future to ransom "
  • #48,538
  • Jan 19, 2012 5:37am Jan 19, 2012 5:37am
Quoting Chicky
I apologize for limited (useful) contribution on this thread. Trying to make-up.

I think we are now in a selling zone but on a break this could also turn into a trend reveral from down to up. Don't know about others, but as a policy, I try to take chance on trend contiuation until a trend reveral is confirmed.
I think, the timing right now isn't the best. We are just bumping against the lower part of a mofu I have from 1.291285 to 1.294792 with the mid being 1.29304! Upper daily channel ahead with the usual thrust-through is what I expect... and there is a TL right below 1.2930 coming from H4 chart (last two tops) that can hinder the current advance, but I don't think, it will turn it NOW, because the divergence from daily/weekly chart is still in play. I will wait for now.

Charts might be a bit cluttered, but you are the master of the art, so...
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  • #48,539
  • Jan 19, 2012 5:51am Jan 19, 2012 5:51am
Quoting Mr Hatch

Charts might be a bit cluttered, but you are the master of the art, so...
Hatch, how ya been..say in your third chart you use 26.2 for a level, whats the math behind that? I cant figure it...
Look Sharp/Trade Tight
  • #48,540
  • Jan 19, 2012 5:54am Jan 19, 2012 5:54am
Quoting PayTheLimit
Hatch, how ya been..say in your third chart you use 26.2 for a level, whats the math behind that? I cant figure it...
It's getting better, can sit for around 3-4 hrs. a day atm. Pretty convenient giving current pas-structure.

Here's the whole move. The trick is to look and decide which levels in a counter-move are used as support and resistance, that's just all about it.
Much easier on bigger tf, but eventually one day... ^^
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