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The Really Useless Thread

  • #64,061
  • Mar 14, 2012 10:37am Mar 14, 2012 10:37am
Quoting PhAnTi'
sisse, how r u doin?
fine bro...Long time no see. I hope job and trading are going good...

No plans for new positions across the board just sitting and waiting for the TA resolution ...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #64,062
  • Mar 14, 2012 10:42am Mar 14, 2012 10:42am
Quoting sisse
fine bro...Long time no see. I hope job and trading are going good...

No plans for new positions across the board just sitting and waiting for the TA resolution ...

sisse
nothing wrong with hanging around

everything ok....finally spring arrives in Germany...yepah !
Hero calls followed by margin calls...
  • #64,063
  • Mar 14, 2012 10:43am Mar 14, 2012 10:43am
Quoting sisse
fine bro...Long time no see. I hope job and trading are going good...

No plans for new positions across the board just sitting and waiting for the TA resolution ...

sisse
nothing to trade bro , only gold and now we are in $10 range
  • #64,064
  • Mar 14, 2012 10:45am Mar 14, 2012 10:45am
Quoting kill56
nothing to trade bro , only gold and now we are in $10 range
yip

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Hero calls followed by margin calls...
  • #64,065
  • Mar 14, 2012 10:51am Mar 14, 2012 10:51am
Quoting kill56
nothing to trade bro , only gold and now we are in $10 range
Well nothing new to trade ... old positions are all still open....In any case,.1599.xx looks unavoidable, only a "miracle" will stop it from testing. Only weekly close above 1665x will delayed but it will be too late to jump in next week if today close hold below.... I hope you are riding gold from above....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #64,066
  • Mar 14, 2012 10:54am Mar 14, 2012 10:54am
Quoting Venice
She got me for -20. hah.
Reversed and went short... Closing 50% for 45.

This is why MM is so freaken important in this world. It's so much easier to take your loss and flip flop then to sit and pray for your order to come back.
  • #64,067
  • Mar 14, 2012 10:55am Mar 14, 2012 10:55am
2962 (area) is probably a bad muther. it could be a good long. till its closed below. half the leg is 3234.. this would not void 2902..if it went here before 2902.. its possible to hit 2902 then bounce back to 3234 area and still be in the norm.. it gets tricky here.. a bounce to 3289 area before 2902, would not spoil the 2902 target either. as you can see a bounce to the red #s are in 2 scenarios.
those who can, do. those who cant, talk about those who can
  • #64,068
  • Mar 14, 2012 11:05am Mar 14, 2012 11:05am
Quoting Venice
Reversed and went short... Closing 50% for 45.

This is why MM is so freaken important in this world. It's so much easier to take your loss and flip flop then to sit and pray for your order to come back.
Indeed...Agree except for the second part ....Except for very very exceptional cases (unexpected NFP overshoot or mega externality earthquakes, 9/11,etc) I personally put "flip flop" in the emotional side of trading ...not for my taste or in my trading plan...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #64,069
  • Mar 14, 2012 11:09am Mar 14, 2012 11:09am
Quoting gatorinla
2962 (area) is probably a bad muther. it could be a good long. till its closed below. half the leg is 3234.. this would not void 2902..if it went here before 2902.. its possible to hit 2902 then bounce back to 3234 area and still be in the norm.. it gets tricky here.. a bounce to 3289 area before 2902, would not spoil the 2902 target either. as you can see a bounce to the red #s are in 2 scenarios.
might try a bit higher 1.300x looks nice if USDOLLAR tops out

USDOLLAR D1:
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Don't be a hero. Don't have an ego. Always question yourself
  • #64,070
  • Mar 14, 2012 11:16am Mar 14, 2012 11:16am
Quoting USD-Bear
might try a bit higher 1.300x looks nice if USDOLLAR tops out

USDOLLAR D1:
Attachment
2902 is a 80% high probability target. 2962 don't give a fuck about day week or month charts. so a bounce is likley .... 2962 probably don't care about 2902 either. the mid is 3004 the um is 3010.4 Lm 2997.2
those who can, do. those who cant, talk about those who can
  • #64,071
  • Mar 14, 2012 11:20am Mar 14, 2012 11:20am
Quoting gatorinla
2902 is a 80% high probability target. 2962 don't give a fuck about day week or month charts. so a bounce is likley .... 2962 probably don't care about 2902 either. the mid is 3004 the um is 3010.4 Lm 2997.2
thanks gator, I'll take the mid at first sign of rejection
Don't be a hero. Don't have an ego. Always question yourself
  • #64,072
  • Mar 14, 2012 11:27am Mar 14, 2012 11:27am
Quoting sisse
Indeed...Agree except for the second part ....Except for very very exceptional cases (unexpected NFP overshoot or mega externality earthquakes, 9/11,etc) I personally put "flip flop" in the emotional side of trading ...not for my taste or in my trading plan...

sisse

I should clarify. When I say flip flop, my system showed a continuation of shorts, and it was the end of the bulls. So whether I was in a trade or not, I had a signal to short. I seen the range drop.

Holding a backwards position on a short signal is just suicide.
  • #64,073
  • Mar 14, 2012 11:32am Mar 14, 2012 11:32am
Quoting sisse
Well nothing new to trade ... old positions are all still open....In any case,.1599.xx looks unavoidable, only a "miracle" will stop it from testing. Only weekly close above 1665x will delayed but it will be too late to jump in next week if today close hold below.... I hope you are riding gold from above....

sisse

trying bro
  • #64,074
  • Mar 14, 2012 11:33am Mar 14, 2012 11:33am
heard chino is defending 3000 barrier, frickin useless day, made 20 lost 40, made 20... i think my r:r is wrong...
  • #64,075
  • Mar 14, 2012 11:36am Mar 14, 2012 11:36am
Quoting FibbinArchie
heard chino is defending 3000 barrier, frickin useless day, made 20 lost 40, made 20... i think my r:r is wrong...
Yeah, pretty il day for me right now as well. I'm up maybe 20-30 pips.

That loss I closed out a little bit too early. I should have recovered at least 10 of it but oh well.

Edit: Looking to see if 3027 can be taken to move the range up.
  • #64,076
  • Mar 14, 2012 11:40am Mar 14, 2012 11:40am
Quoting Venice
Yeah, pretty il day for me right now as well. I'm up maybe 20-30 pips.

That loss I closed out a little bit too early. I should have recovered at least 10 of it but oh well.

Edit: Looking to see if 3027 can be taken to move the range up.
doing better than me, i'm up less than a pip for about 6 hrs work, lol... i guess that's what you get for trying to swing trade a whippy market...

contrary to your good self, i'm looking to re-enter short, dunno where and when, but targeting 297x...
  • #64,077
  • Mar 14, 2012 11:44am Mar 14, 2012 11:44am
23.6 retrace of intraday high to low, so far...
  • #64,078
  • Mar 14, 2012 11:45am Mar 14, 2012 11:45am
Quoting FibbinArchie
doing better than me, i'm up less than a pip for about 6 hrs work, lol... i guess that's what you get for trying to swing trade a whippy market...

contrary to your good self, i'm looking to re-enter short, dunno where and when, but targeting 297x...
I have found the 15m is amazing for entering swing trades. Let it make the first move (push range down after going up; or push range up after going down).

Most 15m plays, if you get them at the initial range push last a few hours to a few days.

Edit: P.S. Yes, 5m doesn't seem like it's going to have much power. I just got my close above... but 15m and more importantly, 1h are still bear and 1h just established a new lower range. So upwards will be scalps only.
  • #64,079
  • Mar 14, 2012 11:51am Mar 14, 2012 11:51am
was using 3038 all day, not sure if its got any sass left in it though..
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Look Sharp/Trade Tight
  • #64,080
  • Mar 14, 2012 11:58am Mar 14, 2012 11:58am
Quoting Venice
I should clarify. When I say flip flop, my system showed a continuation of shorts, and it was the end of the bulls. So whether I was in a trade or not, I had a signal to short. I seen the range drop.

Holding a backwards position on a short signal is just suicide.
Sure ...that's what I thought ...Very bumpy move down this week, 1 down in minutes and 3/4 back straight away ...1.304x is going to hold H4 ...making things a mess intraday ...let see

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