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The Really Useless Thread

  • #64,421
  • Mar 15, 2012 7:42am Mar 15, 2012 7:42am
Quoting PayTheLimit
you would think, but why is it talking so long...
there she blows
  • #64,422
  • Mar 15, 2012 7:44am Mar 15, 2012 7:44am
Quoting PayTheLimit
you would think, but why is it talking so long...

this woman takes 5 dates apparently
  • #64,423
  • Mar 15, 2012 7:45am Mar 15, 2012 7:45am
Quoting Venice
Thanks mang. Will try and digest this.
Look for sessions (excluding spikes, and turn in prices) that have a gap between them.. That's the indication that being the move taking us out of the current unit..That's how I know to hold my trade when we are approaching the unit edges.. If it wonders around and the sessions overlap, we'll stay there for a little longer..
  • #64,424
  • Mar 15, 2012 7:46am Mar 15, 2012 7:46am
Quoting fxjawn
there she blows
I have a minor level at 3078, then 3118/21..still sitting on my hands..
Look Sharp/Trade Tight
  • #64,425
  • Mar 15, 2012 7:47am Mar 15, 2012 7:47am
Quoting attila
m30 looks like an ascending triangle.
It seems to have played out.
  • #64,426
  • Mar 15, 2012 7:47am Mar 15, 2012 7:47am
Watchout for positive risk news on the wires. Strong ECB comments on the "end of the crisis" ...stocks about to crack highs one more time. Euro testing key 1.308x for the rest of the week...in mixed environment for the pair. Strength via dollar but also euro strength via less risk ...

GL all managing positions or about to enter new ones...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #64,427
  • Mar 15, 2012 7:48am Mar 15, 2012 7:48am
Quoting FXMastermind
pretty much, turd earned me 128 pips since morning.
That's some congratulations right there, your messing with the micro lots?
I usually take 100 pip a week and then i'm done, maybe only taking the very good ones afterwards. Making much more money in a long run.
  • #64,428
  • Mar 15, 2012 7:48am Mar 15, 2012 7:48am
Quoting attila
It seems to have played out.

Yep. Buy on the retest of the breakout.
  • #64,429
  • Mar 15, 2012 7:48am Mar 15, 2012 7:48am
H1 says Long till 1.32?
  • #64,430
  • Mar 15, 2012 7:49am Mar 15, 2012 7:49am
s 80, but only betting one nut on it...
Quant Hedge Fund CEO
  • #64,431
  • Mar 15, 2012 7:50am Mar 15, 2012 7:50am
Quoting Venice
Yep. Buy on the retest of the breakout.
I usually buy the thrust into the resistance. I'm already long..
  • #64,432
  • Mar 15, 2012 7:51am Mar 15, 2012 7:51am
Quoting attila
I usually buy the thrust into the resistance. I'm already long..
Ah right on. Breakout plays scare me.
  • #64,433
  • Mar 15, 2012 7:55am Mar 15, 2012 7:55am
Quoting Venice
Ah right on. Breakout plays scare me.
Yes they are risky but if you notice it's going at it and enter early, you have time to squeak out if it's being faded at resistance. If it goes through you're good to go. I'm 20 pips up atm so it doesn't matter what it's doing..
  • #64,434
  • Mar 15, 2012 8:00am Mar 15, 2012 8:00am
Quoting FXMastermind
s 80, but only betting one nut on it...
and took 10 from this quick fade. 138.

Not risking this is just a test of a former top. Channel + R respected though so I might reload if we retest and fail.
Quant Hedge Fund CEO
  • #64,435
  • Mar 15, 2012 8:00am Mar 15, 2012 8:00am
short 3071, risk 3094, play for 2982..
Look Sharp/Trade Tight
  • #64,436
  • Mar 15, 2012 8:01am Mar 15, 2012 8:01am
Also if you look at m30 there was a HL at 3013, then a trust up that took the previous high, then some consolidation in an ascending triangle. It was pretty clear what they were doing unless this is a stop hunt and if that's true, it doesn't matter anyway..
  • #64,437
  • Mar 15, 2012 8:01am Mar 15, 2012 8:01am
3063, last hours mid..
Look Sharp/Trade Tight
  • #64,438
  • Mar 15, 2012 8:02am Mar 15, 2012 8:02am
Quoting FXMastermind
and took 10 from this quick fade. 138.

Not risking this is just a test of a former top. Channel + R respected though so I might reload if we retest and fail.
You are just cutting the markets to pieces. Make her bleed!
  • #64,439
  • Mar 15, 2012 8:02am Mar 15, 2012 8:02am
Quoting PayTheLimit
short 3071, risk 3094, play for 2982..
thatīs my boy!






*secretly opens a long position*

Quant Hedge Fund CEO
  • #64,440
  • Mar 15, 2012 8:04am Mar 15, 2012 8:04am
Quoting Venice
You are just cutting the markets to pieces. Make her bleed!
thanks dude

...this fade was actually pretty easy, cheap 10 pips min., probably more but not going to risk it.
Quant Hedge Fund CEO
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