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The Really Useless Thread

  • #95,721
  • Jun 9, 2012 11:18pm Jun 9, 2012 11:18pm
Quoting fxjawn
hi bro
morning bro..
first coffee @2 pm 4me
  • #95,722
  • Jun 9, 2012 11:23pm Jun 9, 2012 11:23pm
Quoting Piters
morning bro..
first coffee @2 pm 4me
looking forward to the week...
  • #95,723
  • Jun 9, 2012 11:25pm Jun 9, 2012 11:25pm
Quoting Piters
morning bro..
first coffee @2 pm 4me
lol u sound like me....

been up studying all weekend
  • #95,724
  • Jun 9, 2012 11:35pm Jun 9, 2012 11:35pm
Quoting fxjawn
  • #95,725
  • Jun 9, 2012 11:35pm Jun 9, 2012 11:35pm
Quoting fxjawn
lol u sound like me....

been up studying all weekend
https://encrypted-tbn3.google.com/im...1fIa4w9cav7B1w
  • #95,726
  • Jun 10, 2012 1:59am Jun 10, 2012 1:59am
euro is spiking higher.. atm at 2539.. if it does break 2625 it wil probably go to 2962 min.. after breaking its not out the norm to retrace back to Fridays low. the best R/R for shorts is near 2624 w/o going much past 2625.. 2625 is protected. but with the Spanish bank bailout deal. all should be bullish up till 2624 area. after this attempt is make or break. a break here puts st fundies and techs in the same direction pointing north.. its not a break till broken.. some dummy closed his long for 30 pips.
those who can, do. those who cant, talk about those who can
  • #95,727
  • Jun 10, 2012 3:21am Jun 10, 2012 3:21am
im looking for a move to 2540-50 which would form a massive HS on the 1 hr to to make for a brutal move down

i am totally flat from friday so lets see how it plays out... so break and close above 2550 would make this null ... lets just see...

as of now i am gonna look to short in that area , if it blasts through it then i will re evaluate
  • #95,728
  • Jun 10, 2012 5:18am Jun 10, 2012 5:18am
Quoting pkimnyc
now you know why jon went long on that aussie. he didn't just go long because he felt like it. 100 pips on initial entry, 60 pips on second. he knew exactly what he was looking at.
I never doubted his trading skill, mate But in this case, without rumors about weekend spanish aid request and Obamas speech in the late afternoon, it could easily end the other way round...Thatīs why I said good luck, we are trading in environment where a single fart can spoil your trade and as he was fading the major trend, the risk was even higher...just saying
Quant Hedge Fund CEO
  • #95,729
  • Jun 10, 2012 5:27am Jun 10, 2012 5:27am
I am officially sorry that I interrupted your pinky series of funny pictures and coocoo nonsense with a boring trading related post

To cleanse myself from this awful sin, I will whip myself with my cat-o'-nine-tails or perhaps I might let Mr. Slave do it for me...

Yours sincerely, FXM
Quant Hedge Fund CEO
  • #95,730
  • Jun 10, 2012 5:31am Jun 10, 2012 5:31am
Quoting gatorinla
euro is spiking higher.. atm at 2539.. if it does break 2625 it wil probably go to 2962 min.. after breaking its not out the norm to retrace back to Fridays low. the best R/R for shorts is near 2624 w/o going much past 2625.. 2625 is protected. but with the Spanish bank bailout deal. all should be bullish up till 2624 area. after this attempt is make or break. a break here puts st fundies and techs in the same direction pointing north.. its not a break till broken.. some dummy closed his long for 30 pips.
Yeah? I know a bigger dummy who closed his long @2435 for 18 pips...

...idiot

...you canīt believe anyone these days, if PM of a country says "we wonīt request bailout until we receive audit on banks due in two weeks" and they do it next weekend, there is something rotten in the state of Spain...
Quant Hedge Fund CEO
  • #95,731
  • Jun 10, 2012 5:49am Jun 10, 2012 5:49am
Quoting FXMastermind
I never doubted his trading skill, mate But in this case, without rumors about weekend spanish aid request and Obamas speech in the late afternoon, it could easily end the other way round...Thatīs why I said good luck, we are trading in environment where a single fart can spoil your trade and as he was fading the major trend, the risk was even higher...just saying
actually the risk was alot lower on that trade than selling late london into the low hoping for continuation....

a single fart can ruin anyones trade any time any place so thats just the chance we all take (i know you know this)

MY entry and stop was placed in such a way that if we were to receive a fart my stop was just off the wicks so i was not risking much to receive great reward. so if it did far we then i get stopped for a bit and i would take another long and say thank you for the lower entry.

anyway without giving away any of my system. the trade was a highly calculated play in line with the flow of money. Very far from a guess (i know u did not say it was a guess) it did not matter what the overall trend was. all ill say is the key to the trade is that it was inline with the flow of money so with that said the risk to reward is through the roof. depending on where your entry is... it could have been riskint 10 pips to make 90 or risking 20 pips to make 60 just depending on where your entries and tp is (im just making random examples here to prove the point)

At those levels overall market sentiment for the week or day does not matter. news does not matter ( a fart might throw some spikes yes but it will not change the end result)

that was simply an example of a LOW risk counter trend trade in line with the flow of money. i simply took the trade as the sentiment and intraday trend were changing... not after everyone and their brother confirmed it...

not being a dick just defending my view here bc it was very far from a risky 50/50 trade that could have gone either way that i just had the balls to step in front of and it just happend to work out... far from it

Frankly the more ppl that disagree with what im talking about the better...
  • #95,732
  • Jun 10, 2012 5:53am Jun 10, 2012 5:53am
Quoting FXMastermind
I am officially sorry that I interrupted your pinky series of funny pictures and coocoo nonsense with a boring trading related post

To cleanse myself from this awful sin, I will whip myself with my cat-o'-nine-tails or perhaps I might let Mr. Slave do it for me...

Yours sincerely, FXM
mate both of u have a pink botts and good traders we are having fun thats it , and u did good last week so keep the pink bott up
  • #95,733
  • Jun 10, 2012 5:57am Jun 10, 2012 5:57am
Quoting fxjawn
actually the risk was alot lower on that trade than selling late london into the low hoping for continuation....

a single fart can ruin anyones trade any time any place so thats just the chance we all take (i know you know this)

MY entry and stop was placed in such a way that if we were to receive a fart my stop was just off the wicks so i was not risking much to receive great reward. so if it did far we then i get stopped for a bit and i would take another long and say thank you for the lower entry.

anyway without giving away any of my system....
WTF a pink dock too dammmmmmmmmm
  • #95,734
  • Jun 10, 2012 6:07am Jun 10, 2012 6:07am
Quoting fxjawn
actually the risk was alot lower on that trade than selling late london into the low hoping for continuation....

a single fart can ruin anyones trade any time any place so thats just the chance we all take (i know you know this)

MY entry and stop was placed in such a way that if we were to receive a fart my stop was just off the wicks so i was not risking much to receive great reward. so if it did far we then i get stopped for a bit and i would take another long and say thank you for the lower entry.

anyway without giving away any of my...
and your name is cloogie ??

[sorry for j/k mate].. but, a superb trade...
  • #95,735
  • Jun 10, 2012 6:11am Jun 10, 2012 6:11am
Quoting Piters
and your name is cloogie ??

[sorry for j/k mate].. but, a superb trade...
ur not gonna try to but it in my bottom are u?

thanks bro
  • #95,736
  • Jun 10, 2012 6:15am Jun 10, 2012 6:15am
Quoting fxjawn
ur not gonna try to but it in my bottom are u?

thanks bro
nop mate... I like that guy.. [no homo]
  • #95,737
  • Jun 10, 2012 6:19am Jun 10, 2012 6:19am
Quoting Piters
nop mate... I like that guy.. [no homo]


ok sleepy time.. see u at asia bro
  • #95,738
  • Jun 10, 2012 10:24am Jun 10, 2012 10:24am
Quoting fxjawn
actually the risk was alot lower on that trade than selling late london into the low hoping for continuation....

a single fart can ruin anyones trade any time any place so thats just the chance we all take (i know you know this)

MY entry and stop was placed in such a way that if we were to receive a fart my stop was just off the wicks so i was not risking much to receive great reward. so if it did far we then i get stopped for a bit and i would take another long and say thank you for the lower entry.

anyway without giving away any of my system....
seemed like a lucky guess to me bro.... just sayin...
  • #95,739
  • Jun 10, 2012 10:33am Jun 10, 2012 10:33am
Here's the question of the week... Should the Government protect people from themselves?

http://www.bloomberg.com/news/2012-0...an-expert.html
  • #95,740
  • Jun 10, 2012 10:40am Jun 10, 2012 10:40am
Quoting Wulfgar
seemed like a lucky guess to me bro.... just sayin...
oh really?

maybe you should deleter your other post then lol
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