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The Really Useless Thread

  • #78,721
  • Apr 19, 2012 11:31am Apr 19, 2012 11:31am
Quoting gatorinla
looks like the right decision now. if the gu current high holds, and we now make a new low today. then we should target 5939 min.. that distance x 1.5 is the area i would like to look for to long.. 5896 5906 area with a weakening signal of some type. (meaning that bear is getting weak)

if we do make a lower low. i will wait for a bounce. then possibly short at 6043 area. but only after the low is broke..

atm if a candle says you can short from the current high. and you do, and we make a LL . then 5939 is a reasonable target.

i wouldn't look...
i forgot.. im bullish in this trade. we broke 6063 so that did it for me.. the current high is the mofu for 6164.8. even if bullish, dont buy near the top, its plain old stupid more times then not.. a mofu will bend you over more times then not here. i will post chart in a few. e close atm so we may go down some
those who can, do. those who cant, talk about those who can
  • #78,722
  • Apr 19, 2012 12:00pm Apr 19, 2012 12:00pm
We're back at POC. Neutral day, just like yesterday..No shit.

I would not go chase 50 pips trades right now..

Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 41 KB
  • #78,723
  • Apr 19, 2012 12:17pm Apr 19, 2012 12:17pm
Quoting attila
We're back at POC. Neutral day, just like yesterday..No shit.

I would not go chase 50 pips trades right now..

Attachment
wtf does that chart mean?
  • #78,724
  • Apr 19, 2012 12:20pm Apr 19, 2012 12:20pm
Quoting gatorinla
i forgot.. im bullish in this trade. we broke 6063 so that did it for me.. the current high is the mofu for 6164.8. even if bullish, dont buy near the top, its plain old stupid more times then not.. a mofu will bend you over more times then not here. i will post chart in a few. e close atm so we may go down some
5933 another
Attached Image (click to enlarge)
Click to Enlarge Name: uschf.PNG Size: 29 KB
those who can, do. those who cant, talk about those who can
  • #78,725
  • Apr 19, 2012 12:22pm Apr 19, 2012 12:22pm
Quoting needpips
wtf does that chart mean?
Market Profile. Point of control(POC). The most traded pip today. It's where the market found balance. It was there all along since this morning... It went down, tested some low and now it's back to where the value for today is.. like a yo yo. High probability will hang around here for a while..
  • #78,726
  • Apr 19, 2012 12:28pm Apr 19, 2012 12:28pm
You can't have manslaughter without laughter!
  • #78,727
  • Apr 19, 2012 12:34pm Apr 19, 2012 12:34pm
Quoting gatorinla
5933 another
you have anything on EUR/GBP, looks like we are testing a multi year mid, I wonder if this might shed a clue...
Attached Image (click to enlarge)
Click to Enlarge Name: chart.gif Size: 16 KB
Look Sharp/Trade Tight
  • #78,728
  • Apr 19, 2012 12:38pm Apr 19, 2012 12:38pm
Quoting Venice
You can't have manslaughter without laughter!
Agreed!Even I dunno what are you talking about buddy But It Sound a Nice Quote!
If there was easy money lying around,no one would be forcing it into your
  • #78,729
  • Apr 19, 2012 12:39pm Apr 19, 2012 12:39pm
Quoting FXMindset
Agreed!Even I dunno what are you talking about buddy But It Sound a Nice Quote!
http://www.tshirt-bazaar.com/store/l...t-laughter.gif
  • #78,730
  • Apr 19, 2012 1:00pm Apr 19, 2012 1:00pm
Quoting PayTheLimit
you have anything on EUR/GBP, looks like we are testing a multi year mid, I wonder if this might shed a clue...
  • #78,731
  • Apr 19, 2012 1:34pm Apr 19, 2012 1:34pm
trying a sneaky long @ 1.3123
Disclaimer: Check your 1m charts
  • #78,732
  • Apr 19, 2012 1:39pm Apr 19, 2012 1:39pm
Quoting pipper
trying a sneaky long @ 1.3123
good luck i took half my position off and letting the rest ride here ...

so got some profit locked in lookin for another run at 50 ..lets see...

its a free ride
  • #78,733
  • Apr 19, 2012 1:40pm Apr 19, 2012 1:40pm
Quoting gatorinla
apple 600+ atm.. still looking to buy at 456 area.
apple dropping on rumor of decline in i-phone sales. shit always happens
those who can, do. those who cant, talk about those who can
  • #78,734
  • Apr 19, 2012 1:43pm Apr 19, 2012 1:43pm
nice jon. just back from slave hole |work - hopefully take another cut at 50

Quoting fxjawn
good luck i took half my position off and letting the rest ride here ...

so got some profit locked in lookin for another run at 50 ..lets see...

its a free ride
Disclaimer: Check your 1m charts
  • #78,735
  • Apr 19, 2012 1:45pm Apr 19, 2012 1:45pm
like the way Dow dropped and EU stayed steady too
Disclaimer: Check your 1m charts
  • #78,736
  • Apr 19, 2012 1:48pm Apr 19, 2012 1:48pm
Quoting USD-Bear
trying another short GU @ 1.6054 (same as previous) stop @ 1.6075

GU M15:
Attachment
out +2
Don't be a hero. Don't have an ego. Always question yourself
  • #78,737
  • Apr 19, 2012 1:53pm Apr 19, 2012 1:53pm
Quoting PayTheLimit
you have anything on EUR/GBP, looks like we are testing a multi year mid, I wonder if this might shed a clue...
not out of the norm to go to 7740.. depending if it breaks the low to the left and how. a target could be set. its just in general we normally retrace regardless of the size of the move. month chart
Attached Image (click to enlarge)
Click to Enlarge Name: uschf.PNG Size: 33 KB
those who can, do. those who cant, talk about those who can
  • #78,738
  • Apr 19, 2012 1:58pm Apr 19, 2012 1:58pm
Quoting gatorinla
apple dropping on rumor of decline in i-phone sales. shit always happens

Correction i-SHIT
  • #78,739
  • Apr 19, 2012 1:59pm Apr 19, 2012 1:59pm
Apple is the "market".... Im SH EU unless we eclipse 1.3165
  • #78,740
  • Apr 19, 2012 2:01pm Apr 19, 2012 2:01pm
also, 1.3171 is the 1440 EMA on H1
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