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The Really Useless Thread

  • #61,921
  • Mar 2, 2012 6:14pm Mar 2, 2012 6:14pm
Quoting hkkhanus
USDCHF since sept? what target you looking at bro?
btw wulf ,, where is my other dumbass brotha jon?

I love my brothers... everyone on here and biologically ... def Jon

Im lookin at 1.15-1.2 on the UCHF positions... 2 year time frame.... positions from 8647/ 8935/9060 right now

lookin to add at the 9320 and 9467

parity is min before I lock anything in
  • #61,922
  • Mar 2, 2012 6:15pm Mar 2, 2012 6:15pm
Quoting fxjawn
bastards
hey brother... sorry i havent been on skype.. im at moms housesitting her dog wile they are in New orleans... its Mom's Bday today(u should facebook her, she misses you)
  • #61,923
  • Mar 2, 2012 6:29pm Mar 2, 2012 6:29pm
Quoting Wulfgar
its Mom's Bday today(u should facebook her, she misses you)
she mention me at all?
Don't have an ego. Always question yourself and your ability.
  • #61,924
  • Mar 2, 2012 6:33pm Mar 2, 2012 6:33pm
Quoting RamsesII
she mention me at all?
Are u the illigitamate son she has kept secret all these years?
  • #61,925
  • Mar 2, 2012 6:41pm Mar 2, 2012 6:41pm
I hope I win the 108 million tonight in the lotto

Then I won't need to keep pissin away money in forex...
  • #61,926
  • Mar 2, 2012 8:41pm Mar 2, 2012 8:41pm
Quoting Wulfgar
I hope I win the 108 million tonight in the lotto

Then I won't need to keep pissin away money in forex...
Great thing about forex is that it is scalable. You can piss away millions just as fast as you can piss away thousands.
Kill the ego, or it will kill the mission.
  • #61,927
  • Mar 2, 2012 8:56pm Mar 2, 2012 8:56pm
G M

Looking my lost friends desperately,Pinky Mysterious Samurai
any information about him,please kindly let me know


Thanks
Love yo Swettie horny Lube expert Kill
If there was easy money lying around,no one would be forcing it into your
  • #61,928
  • Mar 2, 2012 9:02pm Mar 2, 2012 9:02pm
Quoting FXMindset
G M

Looking my lost friends desperately,Pinky Mysterious Samurai
any information about him,please kindly let me know


Thanks
Love yo Swettie horny Lube expert Kill
Her personal biodata attached
http://www.forexfactory.com/pkimnyc
If there was easy money lying around,no one would be forcing it into your
  • #61,929
  • Mar 2, 2012 9:06pm Mar 2, 2012 9:06pm
oh dear
  • #61,930
  • Mar 2, 2012 10:29pm Mar 2, 2012 10:29pm
hello?
  • #61,931
  • Mar 3, 2012 1:59am Mar 3, 2012 1:59am
  • #61,932
  • Mar 3, 2012 11:16am Mar 3, 2012 11:16am
This was my view last Saturday. It pretty much played as described... I'll write my overall view for next week today or tomorrow.. Quick heads up, it seems to be pretty much done with this retrace.. but I need to look at it in a little more detail to figure out the levels..

Quoting attila
Staring at the chart... Maybe I should be doing something else. Like getting a life...

Either way, it seems to me we reached a top, or an intermediate one at least. So I'll start giving shorts their time of day. It's not just going to drop from here. They spent a lot of money to bring us all the way up.

Point is, it will consolidate... I think somewhere between 3460-70 and 3400 for a couple of days. I will be paying attention if the ranges will start descending towards 3340-3320 but in the first phase they should stay above 3380-90.

3340-20...
  • #61,933
  • Mar 3, 2012 1:07pm Mar 3, 2012 1:07pm
had to close out my long position for a loss last night, so purely based on that i bet the fucker gaps up tomorrow, conversely had i held the position open over the weekend it would most definitely gap down..

seriously, there's still plenty of room in the bull channel for a further dip south, before long term pa turns my bias bearish...
  • #61,934
  • Mar 3, 2012 1:18pm Mar 3, 2012 1:18pm
nothing new but

6:18 PM To no one's surprise, Moody's is downgrading Greece's debt to C, sending it further into junk territory. The agency cites Greece's recent debt swap deal, which requires private bondholders to take a 70% haircut. Fitch downgraded Greece to C last week
  • #61,935
  • Mar 3, 2012 1:19pm Mar 3, 2012 1:19pm
Quoting FibbinArchie
had to close out my long position for a loss last night, so purely based on that i bet the fucker gaps up tomorrow, conversely had i held the position open over the weekend it would most definitely gap down..

seriously, there's still plenty of room in the bull channel for a further dip south, before long term pa turns my bias bearish...
safe than sorry bro no regrets
  • #61,936
  • Mar 3, 2012 1:24pm Mar 3, 2012 1:24pm
Quoting kill56
nothing new but

6:18 PM To no one's surprise, Moody's is downgrading Greece's debt to C, sending it further into junk territory. The agency cites Greece's recent debt swap deal, which requires private bondholders to take a 70% haircut. Fitch downgraded Greece to C last week
o lord he we go with ...."see i told u the eu is crap" loololol
  • #61,937
  • Mar 3, 2012 1:35pm Mar 3, 2012 1:35pm
more shitt at the yard, porn
  • #61,938
  • Edited 2:58pm Mar 3, 2012 1:38pm | Edited 2:58pm
Quoting fxjawn
o lord he we go with ...."see i told u the eu is crap" loololol
bro greece here to stay for long time and who knows what next

Germany will be so happy with 12000 eur more export
  • #61,939
  • Edited 3:07pm Mar 3, 2012 2:39pm | Edited 3:07pm
Quoting kill56
safe than sorry bro no regrets
yeah absolutely bro...

regret not cutting the bastard at just short of break even tho' had about 4 or 5 chances to do so..
  • #61,940
  • Mar 3, 2012 5:51pm Mar 3, 2012 5:51pm
read with me thanks to igor


1.) All ECN systems are "asynchronous" and require a certain amount of buffering, or "space/time" to avoid order collisions we refer to as "ships colliding in the night", where the cancel or handling of an SL/TP can result in a reject and fill at the same time an instant close is issued, resulting in double orders or an "out trade". The normal handling of this "space" in the process is conducted per Metaquotes on the Freeze / SL constant which the EA author can interrogate at any time to know the standard distance the server is configured for.



2) Historically brokers have handled this with "static" Freeze zones of between 3 and 6 Pips, plus "Invisible delays", meaning once the market was within that distance of the target side, the trade becomes committed to a "Point of no return" where the fill is considered "imminent", unless the market should turn back. The brokerage delays the order until the cancel SL/TP is completed, then fills the trader with slip from that delay, (possibly skimming the slip as well). More and more, ECN brokers have been adopting the infamous "magic dealer" plugin which radically whips the freeze and sl zones dynamically, (unfairly), without updating the related Freeze / SL constants, each time the market goes into volatility. This, we consider to be a violation of No Dealer STP commitment ATC refuses to impose on our system, most often used to "Skim" slippage to the broker, as well as avoiding the "ships colliding in the night".



3.) The nature of ECN trading exposes a dynamic spread. ECN trading existed well before the days of dealer buffered, fixed spread, retail operations. In recent years, FXCM developed a "Hit-and-miss" round robin process of requesting committed quotes with every order, then issuing to the best confirmed, but then receiving back "too late to fill", moving to next best bank, etc., etc. This creates a delay of fill for orders near the current market and for some banks can vacuum off available liquidity at that level. The delay means that a trader may "FEEL" or program his EA, to escape an SL by a couple of Pips, if time has gone by. Unfortunately, the traders SL / TP is a "Commitment", whereby the act to "revoke" that commitment just as it's likely to fill, can be compared to the broker using a dealer to make it look like volume is gone, when it is not. The broker prepares to convert the SL/TP to market based on "Timeliness" with their banks. When the spirit of a commitment to order becomes "plastic" then the trader is behaving the same way a broker would, engaged in "stop hunting", e.g. "I'm going to put a stop "here" to make you THINK that's my target, but then I'll close by market and "stick the broker" with the sl/tp fill after the fact". In essence, this is like a "Cheat" where we commit to an order, but then unfairly revoke it at the last minute. Market orders ARE a commitment to fill, (at whatever the price might end up AFTER delay to successfully cancel the SL/TP FIRST!!!! ) ATC also does not pull that stunt on traders. We simply tell you, 1 pip on all order setups, 2 pips on the sl/tp against a market close.



Can 2 pips be considered extreme? Not in forex. We've seen Freeze/SL zones as high as 12 Pips and time-in-market requirements as high as 15 minutes. We see two pip spread expansions dynamically in these networks all the time. Even if these come by way of the broker changing the mark-up on he spread at the last minute, he's entitled under law, to set his price for the apples he's selling on the street, so long as the bid and ask both changed the same amount. It is the nature of an unregulated system which falls under a certain amount of voluntary regulation per each country, such as the US now requiring 50:1, QUITE unfairly, in my opinion, literally risking to put the US back a full decade in our pursuits to catch up to European success in Forex.



I'm sorry this restriction is an imposition for some, however I will not impose invisible delays or pull a hidden dealer stunt on our traders, before honestly telling them, if you're going to play fake on SL/TP targets, widen your targets by two Pips and you'll have no problem.


Friendly regards...iGoR
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