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The Really Useless Thread

  • #56,301
  • Feb 10, 2012 7:56am Feb 10, 2012 7:56am
still holding...
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  • #56,302
  • Feb 10, 2012 7:56am Feb 10, 2012 7:56am
Quoting fxjawn
i cant tell u bc im mysterious
lol, talking to yourself now eh?
Look Sharp/Trade Tight
  • #56,303
  • Feb 10, 2012 7:58am Feb 10, 2012 7:58am
Quoting PayTheLimit
lol, talking to yourself now eh?


bro they did not use snake oil on him
  • #56,304
  • Feb 10, 2012 8:00am Feb 10, 2012 8:00am
Closing short for +100.

Does this mean we can continue our uptrend next week now that we are back in demand?? :wahh:
  • #56,305
  • Feb 10, 2012 8:02am Feb 10, 2012 8:02am
cloud cuckoo land...

(Reuters) - Greece's largest police union has threatened to issue arrest warrants for officials from the country's European Union and International Monetary Fund lenders for demanding deeply unpopular austerity measures.
  • #56,306
  • Feb 10, 2012 8:04am Feb 10, 2012 8:04am
Quoting FibbinArchie
cloud cuckoo land...

(Reuters) - Greece's largest police union has threatened to issue arrest warrants for officials from the country's European Union and International Monetary Fund lenders for demanding deeply unpopular austerity measures.
cooooooooooooooooooooooool
  • #56,307
  • Feb 10, 2012 8:04am Feb 10, 2012 8:04am
Quoting PayTheLimit
3179, really a number for next week, lets see if it gets some respect..
73 close with some wick, might be enough for that leg, prolly would need a HL for an hour, or a higher close on this hour, in any event will check on that bastard later, good luck, PTL..
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Look Sharp/Trade Tight
  • #56,308
  • Feb 10, 2012 8:07am Feb 10, 2012 8:07am
Quoting Venice
Closing short for +100.

Does this mean we can continue our uptrend next week now that we are back in demand?? :wahh:
This could be pretty much it.. A bit early to say though.... Eh, it's a good turning point is what I'm saying...
  • #56,309
  • Feb 10, 2012 8:08am Feb 10, 2012 8:08am
Quoting attila
This could be pretty much it.. A bit early to say though..
What a shitty few weeks. lol
  • #56,310
  • Feb 10, 2012 8:10am Feb 10, 2012 8:10am
Quoting Venice
What a shitty few weeks. lol
The market ranges most of the time, so scalping the range is a must. Otherwise, I'm not sure how one can make it. You sit and wait for the move and then it happens when you're out... And back to the range for another week..
  • #56,311
  • Feb 10, 2012 8:12am Feb 10, 2012 8:12am
BTW, I've never seen so many candles and candle formation failing.. They don't mean anything to me, anyway..
  • #56,312
  • Feb 10, 2012 8:17am Feb 10, 2012 8:17am
30m
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  • #56,313
  • Feb 10, 2012 8:28am Feb 10, 2012 8:28am
weekly PA.
need close above 1.32
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  • #56,314
  • Feb 10, 2012 8:31am Feb 10, 2012 8:31am
US equity markets open

EU may go for stops below 3150, H4 demand there as well
  • #56,315
  • Feb 10, 2012 8:33am Feb 10, 2012 8:33am
this is A plan not THE plan.

with a 5m close above 85 i will buy the pullback. my number is 3243. no way we gonna get there so i guess down unless news send it else where. 1h fork turned down. still stoch 1h pretty bottomed so i will buy, if conditions occur, what i expect to be the pullback north to short prolly monday.

let's c.
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dreams do come true.
  • #56,316
  • Feb 10, 2012 8:34am Feb 10, 2012 8:34am
i went to bed. the low is the exact mid from the old 2918 chart.. the high is the mofu of the mirror image. the pair don't forget where it wanted to go. we are beyond atr already. the mid and atr stretched. but the week may want below 3157 close. 3153.9 is the old 2918 mid.
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those who can, do. those who cant, talk about those who can
  • #56,317
  • Feb 10, 2012 8:45am Feb 10, 2012 8:45am
Quoting attila
The market ranges most of the time, so scalping the range is a must. Otherwise, I'm not sure how one can make it. You sit and wait for the move and then it happens when you're out... And back to the range for another week..
True. But, it has been abnormally rangey as of late. Usually the range lasts 2-3 days, not weeks. It's just not the environment for swinging right now. So I have been playing the range. It's still usually good for 100 pips each trade both ways. But I'm ready for some set and forget plays again.
  • #56,318
  • Feb 10, 2012 8:50am Feb 10, 2012 8:50am
buying mode on.
dreams do come true.
  • #56,319
  • Edited 9:01am Feb 10, 2012 8:51am | Edited 9:01am
Quoting gatorinla
out.. tp hit.. we may not.. but we do usually pullback after some slip..
i closed apple.. it did go up a few bucks more after. but since it hit 490.x target, it is usually maxed out. so after some slipagge it usually will pull back. its kinda far fetched atm. but the mid to that leg is 388.25. we sometimes pullback that far after a b/o or a target is reached. the s/p has risen mainly because of apples coattails. apple is about 15% of the entire s/p value. ( i think 15%, spank me if wrong. ) apple is a bad mofu.. 388 would be a high % pullback. that may be a lot to ask.. but 1/2 is not.. 3/4 of the original leg..405.37/406.82. (could be a buy area)
those who can, do. those who cant, talk about those who can
  • #56,320
  • Feb 10, 2012 8:51am Feb 10, 2012 8:51am
Quoting Venice
True. But, it has been abnormally rangey as of late. Usually the range lasts 2-3 days, not weeks. It's just not the environment for swinging right now. So I have been playing the range. It's still usually good for 100 pips each trade both ways. But I'm ready for some set and forget plays again.
I'm OK with that. What bothers me are the candles failing. It's more than 50% I think. They don't mean jack..
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