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The Really Useless Thread

  • #90,861
  • May 23, 2012 10:16am May 23, 2012 10:16am
Quoting FibbinArchie
good call on the options levels... notice how the buyers evaporated into thin air right on the cut...

well covered all of last night's losses, and even booked some profit, but still looking for a position long entry...
thanks dude, yea watch the PA when the barrier is approached... this wasn't giving very strong defense, it usually will not hold up under strong pressure like this.

If sentiment was not this strong and the barrier was actually expiring some point in the very near future like today or tomorrow, you'd see a bit stronger defense of the level but this is pretty much throwing good money after bad here...
  • #90,862
  • May 23, 2012 10:18am May 23, 2012 10:18am
Quoting AllyB
well hi back at ya Archie ... are you having fun yet
no in all seriousness ally, i've been staring at charts and newsfeeds for about 24hrs now with only quick cigarette breaks in the garden, (lovely weather we're having btw)... but it's actually been gruelling hard work..
  • #90,863
  • May 23, 2012 10:19am May 23, 2012 10:19am
Quoting Monroe
thanks dude, yea watch the PA when the barrier is approached... this wasn't giving very strong defense, it usually will not hold up under strong pressure like this.

If sentiment was not this strong and the barrier was actually expiring some point in the very near future like today or tomorrow, you'd see a bit stronger defense of the level but this is pretty much throwing good money after bad here...
didn't 2600 barrier expire at the cut? it was well defended first thing...

notice also the tug of war that took place around 2650...
  • #90,864
  • May 23, 2012 10:22am May 23, 2012 10:22am
e close in 5.. out and flat. trying for a sell higher.. maybe 2642
those who can, do. those who cant, talk about those who can
  • #90,865
  • May 23, 2012 10:23am May 23, 2012 10:23am
Quoting FibbinArchie
didn't 2600 barrier expire at the cut? it was well defended first thing...
London defended 1.260x on the open today but it got hammered before expiration in NY....

In any case, all done today ...now lets the no man land party begin with twitter from Brussels. It such great weather that I am tempted to close all and sit in bar with a beer outside and track the news on the phone...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #90,866
  • May 23, 2012 10:24am May 23, 2012 10:24am
Quoting gatorinla
e close in 5.. out and flat.
on the look out for news out of this eu summit..
  • #90,867
  • May 23, 2012 10:24am May 23, 2012 10:24am
Quoting pkimnyc
I'll be off couple hrs. I'll send you the setup I was looking at. Should have just left it open. Lol.
sounds good brother... and yes the shit obviously happens to me to...
bastards!
  • #90,868
  • May 23, 2012 10:25am May 23, 2012 10:25am
Quoting sisse
London defended 1.260x on the open today but it got hammered before expiration in NY....

In any case, all done today ...now lets the no man land party begin with twitter from Brussels. It such great weather that I am tempted to close all and sit in bar with a beer outside and track the news on the phone...

sisse
spiffing idea... are you in london btw?

also, i thought expiration was @ 3pm london, 10am new york.. is that not the case?
  • #90,869
  • May 23, 2012 10:26am May 23, 2012 10:26am
Quoting FibbinArchie
no in all seriousness ally, i've been staring at charts and newsfeeds for about 24hrs now with quick cigarette breaks in the garden, (lovely weather we're having btw)... but it's actually been gruelling hard work..
sounds like the typical day for you my friend as a forex trader Pro.

you think you got it rough ... 2574 is the very last line of s/r on my H4 ass chart!!! i got no lower targets!!!! I mean CRAP what is a queen to do now
  • #90,870
  • May 23, 2012 10:26am May 23, 2012 10:26am
Quoting FibbinArchie
spiffing idea... are you in london btw?
Yeap. Fck the bastards I am out to track the news outside ...GL all trading the rest of the day.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #90,871
  • May 23, 2012 10:27am May 23, 2012 10:27am
Quoting FibbinArchie
didn't 2600 barrier expire at the cut? it was well defended first thing...

notice also the tug of war that took place around 2650...
no that was just a vanilla option at 2600 for the NY cut, the barrier's aren't expiring today, well i guess they did, but i would call it... terminated.... lol


more below....
  • #90,872
  • May 23, 2012 10:29am May 23, 2012 10:29am
Quoting AllyB
sounds like the typical day for you my friend as a forex trader Pro.

you think you got it rough ... 2574 is the very last line of s/r on my H4 ass chart!!! i got no lower targets!!!! I mean CRAP what is a queen to do now
crown not so crooked anymore...
  • #90,873
  • May 23, 2012 10:31am May 23, 2012 10:31am
Quoting fxjawn
crown not so crooked anymore...
i am just gonna turn it upside down. that shoulod work
  • #90,874
  • May 23, 2012 10:31am May 23, 2012 10:31am
Quoting AllyB
sounds like the typical day for you my friend as a forex trader Pro.

you think you got it rough ... 2574 is the very last line of s/r on my H4 ass chart!!! i got no lower targets!!!! I mean CRAP what is a queen to do now
there's loads ally, pivots, fib extensions.. super long term fibs, etc. etc..

it didn't help that i was playing catch up for most of the day.. not so much fun trying to recoup losses than generating new profits...
  • #90,875
  • May 23, 2012 10:32am May 23, 2012 10:32am
Quoting gatorinla
don't have a clue if it will happen or when.. 2575 was a high % trade. it failed when 53 was broken.. but the pair has memory.. it will probably be back.. but it has something else indicated atm.. i dont know if it will get to 2833.. but i do know the reward and risk is better for me to long in or under the pink box.. and to void it with a LL
bastard
those who can, do. those who cant, talk about those who can
  • #90,876
  • May 23, 2012 10:33am May 23, 2012 10:33am
Quoting AllyB
hey eagle eye ... how did you make out with this?

hi ally

stopped out +4 on leftover long

sold on the SL 2527 edit 2627

trading with fish & chips money because of issues with ISP

how are things your end?
" Never let the past hold the future to ransom "
  • #90,877
  • May 23, 2012 10:33am May 23, 2012 10:33am
Quoting Monroe
no that was just a vanilla option at 2600 for the NY cut, the barrier's aren't expiring today, well i guess they did, but i would call it... terminated.... lol


more below....
k, gotcha... yep the barrier got whooped upside it's head...

look forward to reading your info..
  • #90,878
  • May 23, 2012 10:35am May 23, 2012 10:35am
Quoting gatorinla
bastard
may yet be starting to price in a disorderly grexit..
  • #90,879
  • May 23, 2012 10:36am May 23, 2012 10:36am
Quoting AllyB
i am just gonna turn it upside down. that shoulod work
lol great idea lol

thats why i posted earlier i had to break out the monthy and look for old stops lol...

btw 2535 is my lower target... its around the 200ema on the monthy... good spot for today
  • #90,880
  • May 23, 2012 10:37am May 23, 2012 10:37am
Quoting FibbinArchie
there's loads ally, pivots, fib extensions.. super long term fibs, etc. etc..

it didn't help that i was playing catch up for most of the day.. not so much fun trying to recoup losses than generating new profits...

all those are well and good arch but my ass chart was nothing but "those" levels that you just don't question, keep forever and have made me more pips than dustbins

it's gonna be rough but onward thru the fog now
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