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The Really Useless Thread

  • #56,341
  • Feb 10, 2012 9:25am Feb 10, 2012 9:25am
Quoting wannaberich
is ur bottom well oiled? me wanna eat that ass

yap got some extra in case

london closing lets see
  • #56,342
  • Feb 10, 2012 9:25am Feb 10, 2012 9:25am
Quoting gatorinla
sure you can. we all do.. the trick is being right..
and timely..
Look Sharp/Trade Tight
  • #56,343
  • Feb 10, 2012 9:26am Feb 10, 2012 9:26am
Quoting fxjawn
yes , my personal abuse seems to amuse your so i wanted you to have a glorious day
well its hilarious dude...
Look Sharp/Trade Tight
  • #56,344
  • Feb 10, 2012 9:27am Feb 10, 2012 9:27am
Another thing, candles by itself doesn't tell you strength of the reversal. If its got no juice then it fails.
  • #56,345
  • Feb 10, 2012 9:28am Feb 10, 2012 9:28am
Quoting gatorinla
sure you can. we all do.. the trick is being right..
Yes... but, before I know I lock my trade in to BE or better, I have set my bets... and I do not know what it's going to do. I only know that when I have seen this pattern before it has behaved a specific way more than it doesn't.

Prediction implies knowing before it happens. We do not.

It's just semantics at this point though...
  • #56,346
  • Feb 10, 2012 9:29am Feb 10, 2012 9:29am
Quoting PayTheLimit
well its hilarious dude...
lol thanks and yes im a shitty trader...

i need to be put down like a washed up race horse with a bummed knee
  • #56,347
  • Feb 10, 2012 9:30am Feb 10, 2012 9:30am
Quoting fxjawn
lol thanks and yes im a shitty trader...

i need to be put down like a washed up race horse with a bummed knee

dude, you cant shred them everyday..
Look Sharp/Trade Tight
  • #56,348
  • Feb 10, 2012 9:33am Feb 10, 2012 9:33am
Quoting PayTheLimit
and timely..
yep.. cause being right is fine if you can handle the draw down. being right with 100 pip draw down is a bitch if you don't have that draw-down in your mm figured.
those who can, do. those who cant, talk about those who can
  • #56,349
  • Feb 10, 2012 9:35am Feb 10, 2012 9:35am
so true...

Quoting gatorinla
yep.. cause being right is fine if you can handle the draw down. being right with 100 pip draw down is a bitch if you don't have that draw-down in your mm figured.
dreams do come true.
  • #56,350
  • Feb 10, 2012 9:35am Feb 10, 2012 9:35am
I've got a HL on the 15m. Let's see.
  • #56,351
  • Feb 10, 2012 9:36am Feb 10, 2012 9:36am
Quoting gatorinla
yep.. cause being right is fine if you can handle the draw down. being right with 100 pip draw down is a bitch if you don't have that draw-down in your mm figured.
I consider this wrong. But it's just my style. As soon as the current low is broken i'm done. I'll buy/sell lower/higher. Not a big deal. Unless, it's a weekly play. 100 pips isn't out of the question without breaking the low. Never done one though. Daily chart I hate when I have to risk more than 30 pips.
  • #56,352
  • Feb 10, 2012 9:38am Feb 10, 2012 9:38am
Quoting gatorinla
yep.. cause being right is fine if you can handle the draw down. being right with 100 pip draw down is a bitch if you don't have that draw-down in your mm figured.
thats rule no, 1
  • #56,353
  • Feb 10, 2012 9:39am Feb 10, 2012 9:39am
I'd rather take a loss then sit in draw down hoping for a turn around. I dealt with that for my first few years of trading. I'm over that.
  • #56,354
  • Feb 10, 2012 9:42am Feb 10, 2012 9:42am
Bought 3182...
  • #56,355
  • Feb 10, 2012 9:43am Feb 10, 2012 9:43am
Quoting Venice
I'd rather take a loss then sit in draw down hoping for a turn around. I dealt with that for my first few years of trading. I'm over that.
rule no , 2
  • #56,356
  • Feb 10, 2012 9:43am Feb 10, 2012 9:43am
Quoting attila
Well it seems like if not reverse, at least stop as I said a little while ago... Why? I can't exactly say... It's just what came up after I merged all the info I had available at the time.... And that was after 2 strong m30 bear bars...There's no rule...
I don't really know why we stop at some point. Who knows Wtf those bastards are upto? Candles are not an exact science bro. Just take it as is.
  • #56,357
  • Feb 10, 2012 9:43am Feb 10, 2012 9:43am
Quoting Venice
I consider this wrong. But it's just my style. As soon as the current low is broken i'm done. I'll buy/sell lower/higher. Not a big deal. Unless, it's a weekly play. 100 pips isn't out of the question without breaking the low. Never done one though. Daily chart I hate when I have to risk more than 30 pips.
One rule I'm applying lately, and yes I may have a lot of losers but overall I end up ahead, is one step further... I put in a trade, and if it not goes into profit immediately I kill it. I want that spread go to zero right away...
  • #56,358
  • Feb 10, 2012 9:45am Feb 10, 2012 9:45am
long
  • #56,359
  • Feb 10, 2012 9:46am Feb 10, 2012 9:46am
Quoting attila
One rule I'm applying lately, and yes I may have a lot of losers but overall I end up ahead, is one step further... I put in a trade, and if it not goes into profit immediately I kill it. I want that spread go to zero right away...
Yep. Ever since I started doing the break of the low thing. My accuracy dropped from around 90-95% down to 60-70%. But, the losses are minimal. I have an equity line that is continually making HH's and HL's. Thats fine by me, as long as it keeps trending upwards
  • #56,360
  • Feb 10, 2012 9:48am Feb 10, 2012 9:48am
...dick? u called?
Quoting fxjawn
long
dreams do come true.
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