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The Really Useless Thread

  • #63,621
  • Mar 13, 2012 10:03am Mar 13, 2012 10:03am
Quoting attila
my h4 still has one hour to go..
hehe Why I love how subjective the markets are...

Still holding the bear bias... but we could be in for much higher retrace now.
  • #63,622
  • Mar 13, 2012 10:04am Mar 13, 2012 10:04am
Quoting Venice
hehe Why I love how subjective the markets are...
It's all messed up with the time change..

I'm long... and short.. just to make sure...
  • #63,623
  • Mar 13, 2012 10:05am Mar 13, 2012 10:05am
Quoting attila
It's all messed up with the time change..
My broker is currently showing 4:00 PM. I think that GMT+1? I think normally they operate off of GMT+2
  • #63,624
  • Mar 13, 2012 10:08am Mar 13, 2012 10:08am
Quoting Venice
My broker is currently showing 4:00 PM. I think that GMT+1? I think normally they operate off of GMT+2
I don't know man... I'm confused as is.. If it goes up, I go long, if it goes down I go short.. Trying to keep at least that one straight..
  • #63,625
  • Mar 13, 2012 10:12am Mar 13, 2012 10:12am
Quoting attila
I don't know man... I'm confused as is.. If it goes up, I go long, if it goes down I go short..
Yep...

I like that new indicator I made (Dragons Path). 15m and up it is extremely accurate in terms of bias. Even the 5m isn't too bad but of course more whipsaws. Ranges are awesome...
  • #63,626
  • Mar 13, 2012 10:12am Mar 13, 2012 10:12am
Quoting Venice
Yep...

I like that new indicator I made (Dragons Path). 15m and up it is extremely accurate in terms of bias. Even the 5m isn't too bad but of course more whipsaws. Ranges are awesome...
Did you see my reply post yesterday?
  • #63,627
  • Mar 13, 2012 10:13am Mar 13, 2012 10:13am
Quoting attila
Did you see my reply post yesterday?
Yep. With the betting the farm and what not... love it

Something similar will be derived from this. Range bias up, At the bottom of the range, and order flow switches from bear to bull. All in
  • #63,628
  • Mar 13, 2012 10:16am Mar 13, 2012 10:16am
Quoting Venice
Yep. With the betting the farm and what not... love it

Something similar will be derived from this. Range bias up, At the bottom of the range, and order flow switches from bear to bull. All in
Right... That code is not something new. It's actually getting a bunch of already existing indicators (cci, rsi, and some others) with different values and tie them all together.. I can give you the code if you want. I'm too lazy to port it over to mt4. It's just a huge number of conditions in an and or sequence..
  • #63,629
  • Mar 13, 2012 10:19am Mar 13, 2012 10:19am
this could be a great short. not gonna take it though. have 3 already...
dreams do come true.
  • #63,630
  • Mar 13, 2012 10:21am Mar 13, 2012 10:21am
Quoting wannaberich
this could be a great short. not gonna take it though. have 3 already...
Possible.. but so far I read that as a rejection at the low.. We'll see..Closed my long though..
  • #63,631
  • Mar 13, 2012 10:23am Mar 13, 2012 10:23am
Let's see what it does at 70 if it does go down. the way i see that's at least a nice 20 pips... but with FOMC and everything...
Quoting attila
Possible.. but so far I read that as a rejection at the low.. We'll see..Closed my long though..
dreams do come true.
  • #63,632
  • Mar 13, 2012 10:23am Mar 13, 2012 10:23am
Quoting needpips
may see 1.31 first? My stop for my 1.3060 long is 1.304....GLTA

1.31 TP achieved....Book closed...lets C what this afternoon produces
  • #63,633
  • Mar 13, 2012 10:25am Mar 13, 2012 10:25am
Quoting wannaberich
this could be a great short. not gonna take it though. have 3 already...
I closed out my shorts because of the H4 rejection, but still bear bias. Will be looking to add more shorts once we establish a range shift again (15m best).
  • #63,634
  • Mar 13, 2012 10:25am Mar 13, 2012 10:25am
i didn't have 78 when V mentioned it but it starts to pop up in my charts...
dreams do come true.
  • #63,635
  • Mar 13, 2012 10:26am Mar 13, 2012 10:26am
Quoting wannaberich
Let's see what it does at 70 if it does go down. the way i see that's at least a nice 20 pips... but with FOMC and everything...
There is a little h4 rsi bullish divergence. Not something to trade on with the fed coming up..
  • #63,636
  • Mar 13, 2012 10:32am Mar 13, 2012 10:32am
The worst part is ... is that the Daily is looking like it's trying to reject 3096... again.

Doing this expands the range, but doesn't change the bias.
  • #63,637
  • Mar 13, 2012 10:34am Mar 13, 2012 10:34am
took a s on that m15..
  • #63,638
  • Mar 13, 2012 10:38am Mar 13, 2012 10:38am
maybe... maybe it was just the mid bounce of the big daily up move from 1.262 to 1.348... as PTL would tell us mids as more often then not respected. even if they are to be taken later...

Quoting Venice
The worst part is ... is that the Daily is looking like it's trying to reject 3096... again.
dreams do come true.
  • #63,639
  • Mar 13, 2012 10:45am Mar 13, 2012 10:45am
Quoting attila
took a s on that m15..
-8
  • #63,640
  • Mar 13, 2012 10:46am Mar 13, 2012 10:46am
Quoting attila
Are these things decoupled atm?
Yeap ...debt risk mess plus recession put everything inversely proportional, now seem to be a decoupling ...started with gold a couple week ago with BB..

Let see how it pans out...new playing field on sight...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
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