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The Really Useless Thread

  • #69,501
  • Mar 30, 2012 8:32am Mar 30, 2012 8:32am
Quoting PayTheLimit
players choice, eh, Clambill...
what up hombre, and yes.. i chose wrong
Don't have an ego. Always question yourself and your ability.
  • #69,502
  • Mar 30, 2012 8:34am Mar 30, 2012 8:34am
Quoting RamsesII
what up hombre, and yes.. i chose wrong
sorry to hear that bro, how you been, you was MIA for a while?
Look Sharp/Trade Tight
  • #69,503
  • Mar 30, 2012 8:36am Mar 30, 2012 8:36am
mid 30's remain tough..keeps the highs on tap I suspect, but alas, my eyes are starting to tire of these charts..
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Look Sharp/Trade Tight
  • #69,504
  • Mar 30, 2012 8:37am Mar 30, 2012 8:37am
Quoting chazzle
selling mini rallies toward 320
scratch that idea , i think the sellers getting tired
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  • #69,505
  • Mar 30, 2012 8:37am Mar 30, 2012 8:37am
maybe 1.347 today before..
Daily,Hourly and USDX
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If there was easy money lying around,no one would be forcing it into your
  • #69,506
  • Mar 30, 2012 8:37am Mar 30, 2012 8:37am
Quoting FXMastermind
Golden rule is NEVER EVER risk more than 2% of your account on a single trade.
Cheers, FXM
The problem with these statements is ................ it's very personal.
If that 2% rule was a golden rule for everyone ... I would have quit FX 5 years ago I think. And many times more every year since then.
Sometimes I risk more, sometimes I won't risk more than 1% or a half %. It all depends on the circumstances.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #69,507
  • Mar 30, 2012 8:40am Mar 30, 2012 8:40am
Quoting darimik
your e-penis increases once you hit that thousand pip mark.
Especially when you enter the trade off of the 1 minute
  • #69,508
  • Mar 30, 2012 8:40am Mar 30, 2012 8:40am
Quoting KillerWhale
The problem with these statements is ................ it's very personal.
If that 2% rule was a golden rule for everyone ... I would have quit FX 5 years ago I think. And many times more every year since then.
Sometimes I risk more, sometimes I won't risk more than 1% or a half %. It all depends on the circumstances.
thats true... i risk 5-12.5% when i trade

hell i just got stopped out tonight on my EURAUD trade tonight and shitcanned 12.5%


but im cool with it.... i can handle it and my gains outpace my losses...
  • #69,509
  • Mar 30, 2012 8:41am Mar 30, 2012 8:41am
Quoting PayTheLimit
sorry to hear that bro, how you been, you was MIA for a while?
good good, i trade in phases, profitable vs. unprofitable so that usually determines if i'm here or not
Don't have an ego. Always question yourself and your ability.
  • #69,510
  • Mar 30, 2012 8:42am Mar 30, 2012 8:42am
Quoting RamsesII
good good, i trade in phases, profitable vs. unprofitable so that usually determines if i'm here or not
well good to see ya back, stick around a while this time bro, talk later..
Look Sharp/Trade Tight
  • #69,511
  • Mar 30, 2012 8:43am Mar 30, 2012 8:43am
Quoting Venice
Especially when you enter the trade off of the 1 minute
Trades were based on monthly.
  • #69,512
  • Mar 30, 2012 8:43am Mar 30, 2012 8:43am
Quoting Wulfgar
thats true... i risk 5-12.5% when i trade

hell i just got stopped out tonight on my EURAUD trade tonight and shitcanned 12.5%


but im cool with it.... i can handle it and my gains outpace my losses...
That's what I mean, as long as you can handle it, it's perfectly okay.

New voice message: Why are you calling me? If I need you, I'll call you!
  • #69,513
  • Mar 30, 2012 8:44am Mar 30, 2012 8:44am
Needs fresh air again, and ice, back later, gl, PTL..
Look Sharp/Trade Tight
  • #69,514
  • Mar 30, 2012 8:46am Mar 30, 2012 8:46am
Quoting PayTheLimit
Needs fresh air again, and ice, back later, gl, PTL..
Maybe all you need is a shot, and ice like you said
New voice message: Why are you calling me? If I need you, I'll call you!
  • #69,515
  • Mar 30, 2012 8:48am Mar 30, 2012 8:48am
Jesus, what are these faggets doing... It's just sad when you can't even pull trades off on the 5m.
  • #69,516
  • Mar 30, 2012 8:52am Mar 30, 2012 8:52am
Quoting Venice
Jesus, what are these faggets doing... It's just sad when you can't even pull trades off on the 5m.
The mover was Asia today. Let's see if they go in that cycle next week.
  • #69,517
  • Mar 30, 2012 8:53am Mar 30, 2012 8:53am
Quoting pkimnyc
The mover was Asia today. Let's see if they go in that cycle next week.
Yep, that was freaky deaky... not sure what was going on there. Was there any rumor/reason to that? I grabbed about 30 pips of the upmove from a trade I entered late US session, but that thing was just straigth up.
  • #69,518
  • Mar 30, 2012 9:08am Mar 30, 2012 9:08am
as a trader, I have to go buy some lottery tickets at a gas station right now. Probability of winning is 1 in 176 million, however based on this I have an edge , as expected value is higher than the cost of the ticket.

and I need to buy a few other things.
  • #69,519
  • Edited 9:22am Mar 30, 2012 9:10am | Edited 9:22am
Quoting FXMastermind
Very nice observation, mate, my respect.

I have to find some time for research of cycles myself, I think they hide a great potential...
There is a vertical one also, 92 pips give or take. If you put that grid on, 32 bars horizontal, and 92 pips vertical from that last 1.30 low, you'll see something interesting..

One of the reasons I won't short here..

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  • #69,520
  • Mar 30, 2012 9:22am Mar 30, 2012 9:22am
Quoting attila
There is a vertical one also, 92 pips give or take. If you put that grid on, 32 bars horizontal, and 92 pips vertical from that last 1.30 low, you'll see something interesting..

Attachment
Diamond box trading... love it

Edit: Not to mention, H4 is screaming long all the way. Just gotta clear the supply.
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