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The Really Useless Thread

  • #51,841
  • Jan 30, 2012 10:58am Jan 30, 2012 10:58am
tried scalping. didn't adapt. ended up thinking "could have taken more out of that one". no good for scalping. in fact one of my biggest ghost is still banking my trades.

but i do see u do good.

Quoting chazzle
got an h4 swing close 58 ( thursday ) and mid from friday high / today low 55 - seems reasonable ... if you're a holder -
dreams do come true.
  • #51,842
  • Jan 30, 2012 11:10am Jan 30, 2012 11:10am
Quoting wannaberich
tried scalping. didn't adapt. ended up thinking "could have taken more out of that one".
- yup . Avoids other situations which mess with your head though ... diffrent strokes and all that
  • #51,843
  • Jan 30, 2012 11:11am Jan 30, 2012 11:11am
Quoting wannaberich
tried scalping. didn't adapt. ended up thinking "could have taken more out of that one". no good for scalping. in fact one of my biggest ghost is still banking my trades.

but i do see u do good.

there is a time for short term trades, a time for middle term trades and a time for longer trades...

but when...
  • #51,844
  • Jan 30, 2012 11:15am Jan 30, 2012 11:15am
that was helpful, L...

i remember trying to find some sort of tool (indi or otherwise) to identify ranging from trending markets (oscilators for the first, MA for the second, for instance). didn't pursue it long enough though...

Quoting Larseg
there is a time for short term trades, a time for middle term trades and a time for longer trades...

but when...
dreams do come true.
  • #51,845
  • Jan 30, 2012 11:37am Jan 30, 2012 11:37am
u bastards are too quiet today...

heading home

take care
dreams do come true.
  • #51,846
  • Jan 30, 2012 11:48am Jan 30, 2012 11:48am
fuck i should have stayed up for ny... i covered last night and missed out on sum pips
  • #51,847
  • Jan 30, 2012 11:52am Jan 30, 2012 11:52am
Quoting fxjawn
fuck i should have stayed up for ny... i covered last night and missed out on sum pips
I stole ur trade and covered at 3100

I owe u innout now
  • #51,848
  • Jan 30, 2012 11:55am Jan 30, 2012 11:55am
Quoting Wulfgar
I stole ur trade and covered at 3100

I owe u innout now
lol awesome... sorry we missed out on 25 pips

i put to cover at 3100 just to ensure it got hit with it being a big num
  • #51,849
  • Jan 30, 2012 12:07pm Jan 30, 2012 12:07pm
Should start moving soon. Maybe around the rumor time..
  • #51,850
  • Jan 30, 2012 12:11pm Jan 30, 2012 12:11pm
Quoting wannaberich
that was helpful, L...

i remember trying to find some sort of tool (indi or otherwise) to identify ranging from trending markets (oscilators for the first, MA for the second, for instance). didn't pursue it long enough though...
It is very helpful when you get it, but then you dont need it...

The problem with indicators and stuff like that is that its trying to predict the future, which isnt possible = the price is made up of too many different traders and will always differ just enough for most to fail.

But trading with the trend or not consistently is 1/3 things which is necessary for survival...

not bigger screens and so forth, I can make more money on an iPhone than most people here in FF... Not because I am awesome but because I understand the maths and I play with all the 3 variables...
  • #51,851
  • Jan 30, 2012 12:17pm Jan 30, 2012 12:17pm
It was a sweet setup... I wanted it from 3220 but I just didn't get back to my seat in time

And the 3100 was a solid tp... I left a bit on... Just in case we get a bomb out of Europe
  • #51,852
  • Jan 30, 2012 12:21pm Jan 30, 2012 12:21pm
I love how the EU floats up on no news out of the summit...

Hopium running high?
  • #51,853
  • Jan 30, 2012 12:25pm Jan 30, 2012 12:25pm
Quoting Wulfgar
I love how the EU floats up on no news out of the summit...

Hopium running high?
Naw, when at the bottom of the range, move up. When at the top of the range move down.
  • #51,854
  • Jan 30, 2012 12:26pm Jan 30, 2012 12:26pm
I ended up scalping for one pip long and one pip short. WTF am I doing????
  • #51,855
  • Jan 30, 2012 12:28pm Jan 30, 2012 12:28pm
Quoting Larseg
It is very helpful when you get it, but then you dont need it...

The problem with indicators and stuff like that is that its trying to predict the future, which isnt possible = the price is made up of too many different traders and will always differ just enough for most to fail.

But trading with the trend or not consistently is 1/3 things which is necessary for survival...

not bigger screens and so forth, I can make more money on an iPhone than most people here in FF... Not because I am awesome but because I understand the maths and I...
HH/HL OR LH/LL. Price trends every single day.

Price does not consistently make HH and LL in a row, unless it's doing one of those weird reverse symmetrical triangle thingies. Which are rare. And screwy anyways.

Sometimes it will make, let's say a HH then a LL, but then a follow through with a new HL. (hint: sell here).

I like trading to be simple.
  • #51,856
  • Jan 30, 2012 12:33pm Jan 30, 2012 12:33pm
For those that like to read....

http://consilium.europa.eu/uedocs/cm.../ec/127599.pdf
I don't trust any move - when you have profit...take it.
  • #51,857
  • Jan 30, 2012 12:35pm Jan 30, 2012 12:35pm
For those that like to watch and listen...

http://video.consilium.europa.eu/
I don't trust any move - when you have profit...take it.
  • #51,858
  • Jan 30, 2012 12:35pm Jan 30, 2012 12:35pm
I'm slowly starting to switch my bias to short...
  • #51,859
  • Jan 30, 2012 12:39pm Jan 30, 2012 12:39pm
Quoting attila
I'm slowly starting to switch my bias to short...
3129 must be really important to somebody. heh.

Yep. Short bias without a breach of that number.
  • #51,860
  • Jan 30, 2012 12:41pm Jan 30, 2012 12:41pm
Quoting Venice
3129 must be really important to somebody. heh.
Not really that. It's just that the ranges are starting accumulating at the bottom. It's becoming heavy..
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