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The Really Useless Thread

  • #96,401
  • Jun 12, 2012 9:05am Jun 12, 2012 9:05am
Quoting pkimnyc
Bastards are out to get my stops...
not me..

i trade my gold only..
  • #96,402
  • Jun 12, 2012 9:06am Jun 12, 2012 9:06am
Quoting Piters
not me..

i trade my gold only..
Omg... Bro, what is this? Stop hunt day?

I see 3x stop hunts at the top...
  • #96,403
  • Jun 12, 2012 9:11am Jun 12, 2012 9:11am
Fitch downgraded 18 Spanish Banks about 10m ago
" Never let the past hold the future to ransom "
  • #96,404
  • Jun 12, 2012 9:12am Jun 12, 2012 9:12am
Quoting AllyB
are we there yet?

Scalping a few pips but going to pull the plug any minute now
" Never let the past hold the future to ransom "
  • #96,405
  • Jun 12, 2012 9:13am Jun 12, 2012 9:13am
Quoting Gleneagles
Fitch downgraded 18 Spanish Banks about 10m ago
Bastards wanted to drag the price down since London. Bastards were dicking around taking out sls.
  • #96,406
  • Jun 12, 2012 9:15am Jun 12, 2012 9:15am
Quoting pkimnyc
Omg... Bro, what is this? Stop hunt day?

I see 3x stop hunts at the top...
there are "days" when PA is messy, and if you cant find other instrument to trade.. go and play with your family.. You know.. it is all about your Free choice.. that is what we do and why we DO..

I saw EUR, yesterday, Gold too.. hitting that Hourly TL.. If you look at 1h chart yuo'll see what I am looking..

EUR too.. Spanish Yields are going above 6.70, Italian above 6.0 very risky area.. and many PPL are scared.. moving assets around.. With that Compression, expect some interevenion very soon mate..

cheers
  • #96,407
  • Jun 12, 2012 9:17am Jun 12, 2012 9:17am
1.2628 seems a monthly offer for going short again. I'm curious about it to wrongfoot myself.
  • #96,408
  • Jun 12, 2012 9:20am Jun 12, 2012 9:20am
i could have longed in the purple box yesterday, but my stop would of been 25 pips.. so i would have to reduce my trade size. the same trade with a 6 pip stop can be worth 4x as much. with the same amount of risk. and 4x the reward potential. with a st target at 2816... about 280 pip.. no fundis.. just chart... sl takes care of fundis.

it just got to 2444 i hope i didn't miss the train.. wanting 2435/36 ish
those who can, do. those who cant, talk about those who can
  • #96,409
  • Jun 12, 2012 9:21am Jun 12, 2012 9:21am
Quoting Forexcube
1.2628 seems a monthly offer for going short again. I'm curious about it to wrongfoot myself.
We ain't going back there today.
  • #96,410
  • Jun 12, 2012 9:22am Jun 12, 2012 9:22am
Quoting pkimnyc
Bastards wanted to drag the price down since London. Bastards were dicking around taking out sls.

No trend , no direction.....just a mess

Looks like the last move could be worth a few

Only problem is at this stage you feel like walking away from another potentially rubbish trade
" Never let the past hold the future to ransom "
  • #96,411
  • Jun 12, 2012 9:28am Jun 12, 2012 9:28am
Quoting Gleneagles
No trend , no direction.....just a mess

Looks like the last move could be worth a few

Only problem is at this stage you feel like walking away from another potentially rubbish trade
Take a look at 1hr chart.
  • #96,412
  • Jun 12, 2012 9:31am Jun 12, 2012 9:31am
I try to set a PO Long at 1.2412. Maybe the next H1 candle could triggered it if the market would hold its energy of vola. I don't know!
  • #96,413
  • Jun 12, 2012 9:31am Jun 12, 2012 9:31am
Quoting Gleneagles
No trend , no direction.....just a mess

Looks like the last move could be worth a few

Only problem is at this stage you feel like walking away from another potentially rubbish trade
looks great to r/r me.. i get in, and loose 7 or 8. or make 200 plus.
those who can, do. those who cant, talk about those who can
  • #96,414
  • Jun 12, 2012 9:32am Jun 12, 2012 9:32am
Quoting pkimnyc
Take a look at 1hr chart.

If you can trim of the wicks , nice steady downmove
" Never let the past hold the future to ransom "
  • #96,415
  • Jun 12, 2012 9:33am Jun 12, 2012 9:33am
Quoting Forexcube
I try to set a PO Long at 1.2412. Maybe the next H1 candle could triggered it if the market would hold its energy of vola. I don't know!
other then a b/o scalp retrace.. i cant long after 2431
those who can, do. those who cant, talk about those who can
  • #96,416
  • Jun 12, 2012 9:36am Jun 12, 2012 9:36am
Quoting gatorinla
looks great to r/r me.. i get in, and loose 7 or 8. or make 200 plus.

agree....if you can get a fill close to the low you can roll the dice with a small stop

around 30/35
" Never let the past hold the future to ransom "
  • #96,417
  • Jun 12, 2012 9:39am Jun 12, 2012 9:39am
look at e/c and wait *rubbing hands*
  • #96,418
  • Jun 12, 2012 9:40am Jun 12, 2012 9:40am
Quoting Gleneagles
Scalping a few pips but going to pull the plug any minute now
i haven't opened a trade yet.
  • #96,419
  • Jun 12, 2012 9:41am Jun 12, 2012 9:41am
Quoting Gleneagles
agree....if you can get a fill close to the low you can roll the dice with a small stop

around 30/35
a little more to it then that. but it could be a boring way to make money. i could of already longed.. my setup says i could have.. im just looking for a better price with all the bearishness on the euro.
those who can, do. those who cant, talk about those who can
  • #96,420
  • Jun 12, 2012 9:42am Jun 12, 2012 9:42am
I bet on the weekly current red candle will get a new green overhang and will close in High Wave at last.
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