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The Really Useless Thread

  • #73,801
  • Apr 11, 2012 3:02pm Apr 11, 2012 3:02pm
Same chart H4 PK. I have 1.316x breached, 1.32x in sight. 1.3060 breached, lower (looks flaggy alright)
Attached Image (click to enlarge)
Click to Enlarge Name: euh4.gif Size: 28 KB
Disclaimer: Check your 1m charts
  • #73,802
  • Apr 11, 2012 3:10pm Apr 11, 2012 3:10pm
Quoting Piters
GOLD and $SPX are not in LOVE today.. totally disconnected..

but what is COOL, is that SPX close with a bullish divergence.. expecting a confirmation and eventually some BOUNCE..

As of GOLD.. it is on very strong level, [that level I pointed yesterday] and same here I am expecting some bounce [drop]..

Posted earlier today, I already closed my positions in Gold.. and now taking some small swings.. up and down intraday 15-30min [TF]

cheers.
Posted yesterday.. [pink] yesterday close with bullish divergence, today [yellow].. in choppy market it is quite bearish..
DIV's are powerful tool..

[Chart]
Attached Image (click to enlarge)
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  • #73,803
  • Apr 11, 2012 3:16pm Apr 11, 2012 3:16pm
similar to EUR today.. watch that mom [15m]

[Chart]

BTW.. KEN, Gold closed at doji today.. "bastard's element"

[Chart]
Attached Image (click to enlarge)
Click to Enlarge Name: EUR 12.4.png Size: 63 KB
  • #73,804
  • Apr 11, 2012 3:17pm Apr 11, 2012 3:17pm
nice charts Piters. Good going on Gold too mate

Quoting Piters
Posted yesterday.. [pink] yesterday close with bullish divergence, today [yellow].. in choppy market it is quite bearish..
DIV's are powerful tool..

[Chart]
Disclaimer: Check your 1m charts
  • #73,805
  • Apr 11, 2012 3:19pm Apr 11, 2012 3:19pm
Quoting Piters
similar to EUR today.. watch that mom [15m]

[Chart]

BTW.. KEN, Gold closed at doji today.. "bastard's element"

[Chart]
I don't do divergences, but is that a bullish or bearish? Which dictates the direction? The price or the indicator?
  • #73,806
  • Apr 11, 2012 3:23pm Apr 11, 2012 3:23pm
Quoting pipper
nice charts Piters. Good going on Gold too mate
yeah mate.. GOLD surprisingly in very tight range today.. a bit of "bastard element" is going on.. but well .. that's life...

to the top side we may revisit 1720, to the short side next test at 1651. Interesting day indeed.. the reason I am still at the battleStation..
  • #73,807
  • Apr 11, 2012 3:25pm Apr 11, 2012 3:25pm
Have a look at Babypips V on divergences. very powerful tool

http://www.babypips.com/school/high-...g-divergences/

Quoting Venice
I don't do divergences, but is that a bullish or bearish? Which dictates the direction? The price or the indicator?
Disclaimer: Check your 1m charts
  • #73,808
  • Apr 11, 2012 3:27pm Apr 11, 2012 3:27pm
Quoting Venice
I don't do divergences, but is that a bullish or bearish? Which dictates the direction? The price or the indicator?
both.. and works with any momentum indicator [momentum, ROC, CCI, RSI, Stoch] as well as MACD

[google] regular and hidden divergences,
http://www.trading-naked.com/Divergence.htm

http://i625.photobucket.com/albums/t...ence_Guide.jpg
  • #73,809
  • Apr 11, 2012 3:27pm Apr 11, 2012 3:27pm
the bastards are definitely not making it easy mate


Quoting Piters
yeah mate.. GOLD surprisingly in very tight range today.. a bit of "bastard element" is going on.. but well .. that's life...

to the top side we may revisit 1720, to the short side next test at 1651. Interesting day indeed.. the reason I am still at the battleStation..
Disclaimer: Check your 1m charts
  • #73,810
  • Apr 11, 2012 3:32pm Apr 11, 2012 3:32pm
Quoting Piters
BTW.. KEN, Gold closed at doji today.. "bastard's element"
Bastards about, mate! Not even one M15 close under DTEMA yesterday...

Attached Image (click to enlarge)
Click to Enlarge Name: 15.PNG Size: 38 KB


Pop and drop...or full on short squeeze?

  • #73,811
  • Apr 11, 2012 3:39pm Apr 11, 2012 3:39pm
Quoting kenfen69
Bastards about, mate! Not even one M15 close under DTEMA yesterday...

Attachment

Pop and drop...or full on short squeeze?

yeah mate, brings some memories from 2008 on that GY waiting for 48h in 30-40p range before the last DROP..

just saying... juuust sayingg !!! .......
  • #73,812
  • Apr 11, 2012 3:41pm Apr 11, 2012 3:41pm
ok mate..

it is my turn to walk the dog.. [not having any, but I'll buy one .. just for your sake]



c'ya in few hours
  • #73,813
  • Apr 11, 2012 3:44pm Apr 11, 2012 3:44pm
Quoting Piters
ok mate..

it is my turn to walk the dog.. [not having any, but I'll buy one .. just for your sake]



c'ya in few hours


Cool, mate!

Just realized ice hockey playoffs start tonight...I lost a day. Beeeeeeeeeer run...back in a bit.
  • #73,814
  • Apr 11, 2012 3:49pm Apr 11, 2012 3:49pm
Quoting pipper
Have a look at Babypips V on divergences. very powerful tool

http://www.babypips.com/school/high-...g-divergences/
does it have lube with it
  • #73,815
  • Apr 11, 2012 3:52pm Apr 11, 2012 3:52pm
Quoting Piters
ok mate..

it is my turn to walk the dog.. [not having any, but I'll buy one .. just for your sake]



c'ya in few hours

hey bro just walk the dam dog dont go next door
  • #73,816
  • Apr 11, 2012 4:01pm Apr 11, 2012 4:01pm
Gotta have the lube Killer

Quoting kill56
does it have lube with it
Disclaimer: Check your 1m charts
  • #73,817
  • Apr 11, 2012 4:01pm Apr 11, 2012 4:01pm
Quoting Venice
I don't do divergences, but is that a bullish or bearish? Which dictates the direction? The price or the indicator?
I think you should look into it. I like the hidden ones as they also give you a target.
  • #73,818
  • Apr 11, 2012 4:08pm Apr 11, 2012 4:08pm
Quoting kill56
hey bro just walk the dam dog dont go next door
naah.. checking online for Buy-a-dog.com

mate.. on serious note,, GOLD..

today with a doji at close and with tight range 7 USD or so.. and with a very weak volume.. as my friend malcolm would say.. IT IS A NO DEMAND bar..

but looking back with 5days bearish divergence, and facing a daily resistance as UTL and with retacement between 66 - 75%.

well, in my books it is a bearish setup on Daily;.. NOW,

the question is.. why is still in the range and not drops. ??
well.. a million $$$ questions.. someone has an agenda..

Bastards.. ))))))))

i need to walk the dog.. ..definitely.. ROFL..
  • #73,819
  • Apr 11, 2012 4:15pm Apr 11, 2012 4:15pm
Quoting gatorinla
its trying.

we did get a smaller tf bear indicated to target 3031.... with 3030 protected.. a long there with tight stop seems fine.. a breach of 3030 will cancel 3190 most of the time. small tf lie a lot
no valid bear cross yet.. still waiting for 3190 min and a reason
Attached Image (click to enlarge)
Click to Enlarge Name: uschf.PNG Size: 30 KB
those who can, do. those who cant, talk about those who can
  • #73,820
  • Apr 11, 2012 4:22pm Apr 11, 2012 4:22pm
Quoting gatorinla
no valid bear cross yet.. still waiting for 3190 min and a reason
3192 is a nice area to try with a stop above 3240 for sub 1.3 .. my plan anyway
Don't have an ego. Always question yourself and your ability.
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