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The Really Useless Thread

  • #99,401
  • Jul 1, 2012 2:14am Jul 1, 2012 2:14am
14 hours till the casino opens.

Gone 3am here...better get some sleep.

Fine charts, PTfuckinL. Enjoy your day...catch you tomorrow.
  • #99,402
  • Jul 1, 2012 2:17am Jul 1, 2012 2:17am
Quoting kenfen69
Again...have certainly noticed that just using the roll...even beyond two days. But that isn't surprising given what it is...and the market has a memory...blah, blah, blah. Will do the two days for sure. Seems the perfect period to generate potential extension targets from.
Yea, the two day combo accomplishes a host of things. Firstly, it gives you a set of numbers that already have been battle tested the previous day, so any hits, or respect could be noted. Secondly, it sets up zones or confluence with the top day numbers. Finaly, if the top day set, is tight due to a small range, many times the two days back set will still allow you to still get some action. I tried using three days, but it was too much. I also tried using weekly/monthly numbers, but I didnt see much value over more traditional levels..
Look Sharp/Trade Tight
  • #99,403
  • Jul 1, 2012 2:17am Jul 1, 2012 2:17am
Quoting kenfen69
14 hours till the casino opens.

Gone 3am here...better get some sleep.

Fine charts, PTfuckinL. Enjoy your day...catch you tomorrow.
you too bro, catch ya later..
Look Sharp/Trade Tight
  • #99,404
  • Jul 1, 2012 2:23am Jul 1, 2012 2:23am
Quoting PayTheLimit
Yea, the two day combo accomplishes a host of things. Firstly, it gives you a set of numbers that already have been battle tested the previous day, so any hits, or respect could be noted. Secondly, it sets up zones or confluence with the top day numbers. Finaly, if the top day set, is tight due to a small range, many times the two days back set will still allow you to still get some action. I tried using three days, but it was too much. I also tried using weekly/monthly numbers, but I didnt see much value over more traditional levels..
Although you often claim to...pull your numbers out of your ass ()...I can tell you've put a lot of time in on this (or time to arrive at it). The two days seems perfect for the reasons you state above...particularly for intra-day plays. The only reason I could see going any further than that would be in a tight consolidation range that lasts longer than two days. But even still...using 250's and 350's...I think it would be pretty rare that you wouldn't have some targets up.
  • #99,405
  • Jul 1, 2012 2:24am Jul 1, 2012 2:24am
Quoting PayTheLimit
you too bro, catch ya later..
Cheers brother.

I'm out.
  • #99,406
  • Jul 1, 2012 2:49am Jul 1, 2012 2:49am
Quoting kenfen69
Cheers brother.

I'm out.
later
  • #99,407
  • Jul 1, 2012 3:11am Jul 1, 2012 3:11am
Hi everyone, it's a pleasure to be part of this thread, i am not new at this game, i wish everyone could profit, but when you begin to understand how it really works, you realize that unfortunately it is not possible. I don't know your vision about market, I don't know if you can see what I can, but if one day your eyes open, i can assure that it will never close again. You'll understand what the greatest masters found and left hidden in between the lines. This may sound crazy, yes I know, but the results will prove you, divine grace rewards those who deserve. I'll try to help as much as possible.

Best regards,
Pico.
  • #99,408
  • Jul 1, 2012 3:22am Jul 1, 2012 3:22am
Quoting pico_zeh
hi everyone, it's a pleasure to be part of this thread, i am not new at this game, i wish everyone could profit, but when you begin to understand how it really works, you realize that unfortunately it is not possible. I don't know your vision about market, i don't know if you can see what i can, but if one day your eyes open, i can assure that it will never close again. You'll understand what the greatest masters found and left hidden in between the lines. This may sound crazy, yes i know, but the results will prove you, divine grace rewards...
where do i sign up? How much is it?

kidding. nice to meet you
  • #99,409
  • Jul 1, 2012 3:27am Jul 1, 2012 3:27am
Quoting darimik
where do i sign up? How much is it?

kidding. nice to meet you
Dear darimik,

My objective is not offer any paid service, but insightful words for those who are ready to absorb...

Best regards,
Pico.
  • #99,410
  • Jul 1, 2012 3:40am Jul 1, 2012 3:40am
Quoting pico_zeh
Dear darimik,

My objective is not offer any paid service, but insightful words for those who are ready to absorb...

Best regards,
Pico.
I was kidding.

yours ultra faithfully,

darimik
  • #99,411
  • Jul 1, 2012 4:11am Jul 1, 2012 4:11am
For the start, i would like you to answer this question: What factor do you believe is more important for the market? My answer is time, i will elaborate after i have your feedback...

Best regards,
Pico.
  • #99,412
  • Jul 1, 2012 4:26am Jul 1, 2012 4:26am
Quoting pico_zeh
For the start, i would like you to answer this question: What factor do you believe is more important for the market? My answer is time, i will elaborate after i have your feedback...

Best regards,
Pico.
welcome to the whore crazy joint pico

then u are a swinger , plz inlight us
  • #99,413
  • Jul 1, 2012 4:49am Jul 1, 2012 4:49am
Quoting pico_zeh
For the start, i would like you to answer this question: What factor do you believe is more important for the market? My answer is time, i will elaborate after i have your feedback...

Best regards,
Pico.
OK. Time can be a factor - setups before big market open, sure. Price preparing itself for news spikes, sure.

But really, it doesn't matter to me when the setups occur - PRICE will show the way
  • #99,414
  • Jul 1, 2012 4:53am Jul 1, 2012 4:53am
Quoting kill56
welcome to the whore crazy joint pico

then u are a swinger , plz inlight us
Dear kill56,

Thanks for the kindly welcome. About the trading style, it's depends on market, sometimes the best to do is trade only intra-session, sometimes you can hold 2-3 days, and sometimes you accumulate for a month or more...

Best regards,
Pico.
  • #99,415
  • Jul 1, 2012 5:31am Jul 1, 2012 5:31am
Quoting kill56
welcome to the whore crazy joint pico

then u are a swinger , plz inlight us
pico....... what kill really wants to see.....and, you're from Brazil, right?

http://media-cache-ec1.pinterest.com...7SmAJyLc_f.jpg
  • #99,416
  • Jul 1, 2012 5:35am Jul 1, 2012 5:35am
Quoting Ifmyante
OK. Time can be a factor - setups before big market open, sure. Price preparing itself for news spikes, sure.

But really, it doesn't matter to me when the setups occur - PRICE will show the way
Dear Ifmyante,

It doesn't matter to you until the day you are capable to predict, and the trading will become easier as you never thought. I liked the phrase in your nickname, but to achieve simplicity we need the complexity...

Best regards,
Pico.
  • #99,417
  • Jul 1, 2012 5:41am Jul 1, 2012 5:41am
Most "experts" are bearish for EU at the moment. (see fxstreet.com)

I'm not sure, we might take advantage of bullish momentum but as I see it, it will stop at 1.293x.
Maybe we won't get there but in longer term I'm also bearish and shoot for retest of 1.241x and lower.

For now, I'm just curious if we can take a short @ 1.2740 with a reasonable chance of success.
I will try it with a decent sl.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #99,418
  • Jul 1, 2012 5:43am Jul 1, 2012 5:43am
Quoting roro53
pico....... what kill really wants to see.....and, you're from Brazil, right?

http://media-cache-ec1.pinterest.com...7SmAJyLc_f.jpg
Dear roro53,

It what make this thread the best!
Yes, i am from Brazil.

Best regards,
Pico.
  • #99,419
  • Jul 1, 2012 5:54am Jul 1, 2012 5:54am
Quoting KillerWhale
Most "experts" are bearish for EU at the moment. (see fxstreet.com)

I'm not sure, we might take advantage of bullish momentum but as I see it, it will stop at 1.293x.
Maybe we won't get there but in longer term I'm also bearish and shoot for retest of 1.241x and lower.

For now, I'm just curious if we can take a short @ 1.2740 with a reasonable chance of success.
I will try it with a decent sl.
Forgot the chart

Daily EU:
Attached Image (click to enlarge)
Click to Enlarge Name: eu daily 07-01-12.jpg Size: 232 KB
New voice message: Why are you calling me? If I need you, I'll call you!
  • #99,420
  • Jul 1, 2012 6:06am Jul 1, 2012 6:06am
Quoting KillerWhale
Most "experts" are bearish for EU at the moment. (see fxstreet.com)

I'm not sure, we might take advantage of bullish momentum but as I see it, it will stop at 1.293x.
Maybe we won't get there but in longer term I'm also bearish and shoot for retest of 1.241x and lower.

For now, I'm just curious if we can take a short @ 1.2740 with a reasonable chance of success.
I will try it with a decent sl.
Dear KillerWhale,

Please don't go long this way, just wait for a better opportunity. Remember that month is only beginning, and volatility might prevail. Wait for the month/week begin move to have an idea about their intentions...

Best regards,
Pico.
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