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The Really Useless Thread

  • #64,381
  • Mar 15, 2012 8:42am Mar 15, 2012 8:42am
Quoting FXMastermind
...first 5 minutes of overlap and we got like mediocre volume and 4 pip move?

NY is under attack of some angry dolphins or what?

after triple top + bearish hourly closes + employment data + TIC we could FINALLY realize what the course is though.

I mean is this bull bull or only profit taking? Looking @ volume, definitely doesnīt look like a convincing bull as such to me so far.
Finally some fast money flows into the right direction...
Quant Hedge Fund CEO
  • #64,382
  • Mar 15, 2012 8:44am Mar 15, 2012 8:44am
Quoting FXMastermind
...first 5 minutes of overlap and we got like mediocre volume and 4 pip move?
hehe... is it going to ping-pong between 68 and the ema200 on M5 to further narrow the range to end the day with .5-pip-candles?
  • #64,383
  • Mar 15, 2012 8:44am Mar 15, 2012 8:44am
Quoting wannaberich
sure man.

been to prague once with my wife (she got that as a prize from here company). all expenses paid. we were to some really fine places there. one of the best weeks i can remember. i can tell u that those vacations changed my mind about city vacations as i always prefer going to the beach or snow.

pitty that vacations in europe cost so much....

anyway just tell me when ur coming here. i'll be glad to help. no bullshit.

i was born in Oporto, home of the port wine (had a small glass yesterday evening, curiously) but i now live i the...
What a prize, that certianly wasnīt for a 1st place I am glad you liked it here and you are always welcome to come again, be my guest...

I hate cold though so thatīs one of the main reason to move after living here for a few centuries...Great stuff, we are agreed! We might even come this summer to check a few places so if you jump aboard, even better, the more the merrier...
Quant Hedge Fund CEO
  • #64,384
  • Mar 15, 2012 8:45am Mar 15, 2012 8:45am
Might be a good place to long here
Disclaimer: Check your 1m charts
  • #64,385
  • Mar 15, 2012 8:45am Mar 15, 2012 8:45am
Quoting attila
My guess is, when everybody's long..
  • #64,386
  • Mar 15, 2012 8:46am Mar 15, 2012 8:46am
Quoting needpips
Still holdin my 1.3035 long....We may not see 1.298 until we see 1.315
admire your patience, would be hard for me to let it go 35 pips against me, good luck
Don't be a hero. Don't have an ego. Always question yourself
  • #64,387
  • Mar 15, 2012 8:46am Mar 15, 2012 8:46am
the whole fucking world is against me

Quoting pipper
Might be a good place to long here
dreams do come true.
  • #64,388
  • Mar 15, 2012 8:47am Mar 15, 2012 8:47am
Nice range we have here... m15. I have us going for the 4th test of the bottom. 3 on the top
  • #64,389
  • Mar 15, 2012 8:48am Mar 15, 2012 8:48am
Quoting USD-Bear
admire your patience, would be hard for me to let it go 35 pips against me, good luck
Not much risk IMO....2980 was the major capitulation point IMO....Id say if no drop then a pop or gring to 1.3150 range?
  • #64,390
  • Mar 15, 2012 8:48am Mar 15, 2012 8:48am
Quoting Mr Hatch
hehe... is it going to ping-pong between 68 and the ema200 on M5 to further narrow the range to end the day with .5-pip-candles?


You mean - usual NY session ?
Quant Hedge Fund CEO
  • #64,391
  • Mar 15, 2012 8:51am Mar 15, 2012 8:51am
Quoting FXMastermind


You mean - usual NY session ?
yeap... it's kind of hard for me, I've been raised by the trends. this pa is a strain... and the bad thing is, it only takes a single bit of noisy action to the downside to take me out, as soon as I lift my butt from the chair.
  • #64,392
  • Mar 15, 2012 8:52am Mar 15, 2012 8:52am
Quoting Mr Hatch
yeap... it's kind of hard for me, I've been raised by the trends. this pa is a strain... and the bad thing is, it only takes a single bit of noisy action to the downside to take me out, as soon as I lift my butt from the chair.
Same for me hatchy. I sit on my hands while the range plays out.
  • #64,393
  • Mar 15, 2012 8:53am Mar 15, 2012 8:53am
Quoting wannaberich
the whole fucking world is against me
Stay cool, it is not

Me thinks bulls had their chance but they missed it, I am looking rather south now. Waiting for this hourly candle to close...

We can pretty much end in some kind of stupid range today cause bulls doesnīt seem to have power to penetrate 80/90 properly and bears are not exactly pushing towards that mighty 3000 either...

...thatīs what weīve got since morning btw
Quant Hedge Fund CEO
  • #64,394
  • Mar 15, 2012 8:53am Mar 15, 2012 8:53am
Quoting pipper
Might be a good place to long here
yep ... still holding from asia
  • #64,395
  • Mar 15, 2012 8:53am Mar 15, 2012 8:53am
we could have chosen any EU city. we chose prague. and we were happy we did.

Quoting FXMastermind
What a prize, that certianly wasnīt for a 1st place I am glad you liked it here and you are always welcome to come again, be my guest...

I hate cold though so thatīs one of the main reason to move after living here for a few centuries...Great stuff, we are agreed! We might even come this summer to check a few places so if you jump aboard, even better, the more the merrier...
dreams do come true.
  • #64,396
  • Mar 15, 2012 8:54am Mar 15, 2012 8:54am
Quoting needpips
Not much risk IMO....2980 was the major capitulation point IMO....Id say if no drop then a pop or gring to 1.3150 range?
for me everything is much risk in fx whatever I do at whatever level, still waiting to get it to an acceptable level at 1.3000 - 13010
Don't be a hero. Don't have an ego. Always question yourself
  • #64,397
  • Mar 15, 2012 8:55am Mar 15, 2012 8:55am
Quoting Venice
Same for me hatchy. I sit on my hands while the range plays out.
Well, if you can recognize what is what in time (thatīs the real art...), then you can make money easily in both...I donīt mind playing range, in many aspects itīs easier and if itīs not too tight, it offer very nice RRs...
Quant Hedge Fund CEO
  • #64,398
  • Mar 15, 2012 8:56am Mar 15, 2012 8:56am
Quoting FXMastermind
Well, if you can recognize what is what in time (thatīs the real art...), then you can make money easily in both...I donīt mind playing range, in many aspects itīs easier and if itīs not too tight, it offer very nice RRs...
Agreed mate. I definitely need to add it to my arsenal... and the risk is clear as daylight. I just have yet to come up with a way to identify the start of the range.
  • #64,399
  • Mar 15, 2012 8:56am Mar 15, 2012 8:56am
i'm kinda bullish. Depends on 1.3043 holding now. Have a new H4 starting in 3mins so we'll see i guess

Quoting wannaberich
the whole fucking world is against me
Attached Image
Disclaimer: Check your 1m charts
  • #64,400
  • Mar 15, 2012 8:58am Mar 15, 2012 8:58am
Quoting needpips
Not much risk IMO....2980 was the major capitulation point IMO....Id say if no drop then a pop or gring to 1.3150 range?
Looking at h4 it was actually a little higher at 3110 area..
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