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The Really Useless Thread

  • #99,741
  • Jul 2, 2012 5:27pm Jul 2, 2012 5:27pm
Quoting kill56
that is market gap trading

i do keep an eye on all the 3 markets asia london and the US , close and open even highs and lows , most of the time it does close the gap btween them thats if u wanna call it a gap call it shitt but it does work
Yep yep...

Little different than what I was saying specifically there, killer...but agree with you completely on the session tracking. Definitely something everyone should really keep an eye on. Order flow on a per session basis...can help explain some WTFakkery moments.

As long as its Pink...call it what you like! Gap will do nicely.
  • #99,742
  • Jul 2, 2012 5:32pm Jul 2, 2012 5:32pm
Quoting sisse
Well, here is a random example with the London close the last few days...

Keep in mind that I am referring to the notion of a closing/opening range and no way it means a "trading system". I know you are smart to not take it out of context but they are some other that may not...
Cool cool. So what I mention here is essentially the same thing, but I was doing it on an M30 chart...

Quoting kenfen69
Last week I was dropping a line at 4:30 AND 5:00pm London close...and treating the band as a mofu!

I need to take a look again, because it was interesting.
I certainly see the use of it...particularly for intra-day bias for shorter term traders...like myself, for the most part.

Nice one sisse...thanks for explaining it with a chart.
  • #99,743
  • Jul 2, 2012 5:36pm Jul 2, 2012 5:36pm
Quoting kenfen69
Cool cool. So what I mention here is essentially the same thing, but I was doing it on an M30 chart...

I certainly see the use of it...particularly for intra-day bias for shorter term traders...like myself, for the most part.
Sure useful for everyday intrday crumbs but you may get, better bang for the buck (not as good as the opening range but the same) when you are betting on a fade or break in a decent move H4 or above in those areas as they will guarantee you minimum drawdown and ride the move with the London (or NY or whatever) boys depending on the time of the day and/or area...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #99,744
  • Jul 2, 2012 5:37pm Jul 2, 2012 5:37pm
Quoting kenfen69
Yep yep...

Little different than what I was saying specifically there, killer...but agree with you completely on the session tracking. Definitely something everyone should really keep an eye on. Order flow on a per session basis...can help explain some WTFakkery moments.

As long as its Pink...call it what you like! Gap will do nicely.
  • #99,745
  • Jul 2, 2012 5:40pm Jul 2, 2012 5:40pm
Quoting kenfen69
Yep yep...

Little different than what I was saying specifically there, killer...but agree with you completely on the session tracking. Definitely something everyone should really keep an eye on. Order flow on a per session basis...can help explain some WTFakkery moments.

As long as its Pink...call it what you like! Gap will do nicely.
of course bro. that's when the bar starts...
  • #99,746
  • Jul 2, 2012 5:42pm Jul 2, 2012 5:42pm
Got all I need for today so nothing to see here...gl all trading overnight ...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #99,747
  • Jul 2, 2012 5:44pm Jul 2, 2012 5:44pm
50% /1.2573 (2012.06.20-26 )& 38.2%/1.2584 (2012.06.20-2012.06.29)
Starting from this range
I take 2 x Long 1.2585 > 1.2613 & 1.2625
...& 5 x Short 1.2585 > 1.2534 & 1.2516 & 1.2493 & 1.2485 & 1.2465
...and will take a look 12 hours later or so.

EU, H1, 2012 July 03
Attached Image (click to enlarge)
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  • #99,748
  • Jul 2, 2012 5:45pm Jul 2, 2012 5:45pm
Quoting pkimnyc
nothing to do fak it
Attached Image
  • #99,749
  • Jul 2, 2012 5:47pm Jul 2, 2012 5:47pm
Quoting kill56
nothing to do fak it
you bastard...
  • #99,750
  • Jul 2, 2012 5:47pm Jul 2, 2012 5:47pm
Quoting kill56
nothing to do fak it
What is she...6?
  • #99,751
  • Jul 2, 2012 5:47pm Jul 2, 2012 5:47pm
Quoting sisse
Got all I need for today so nothing to see here...gl all trading overnight ...

sisse

enjoy green ones
  • #99,752
  • Jul 2, 2012 5:49pm Jul 2, 2012 5:49pm
Quoting kenfen69
What is she...6?
doh....
  • #99,753
  • Jul 2, 2012 5:52pm Jul 2, 2012 5:52pm
Quoting sisse
Sure useful for everyday intrday crumbs but you may get, better bang for the buck (not as good as the opening range but the same) when you are betting on a fade or break in a decent move H4 or above in those areas as they will guarantee you minimum drawdown and ride the move with the London (or NY or whatever) boys depending on the time of the day and/or area...

sisse
Sure...that's what I did yesterday. Sold failed attempt of holding above (London's) Friday's close. Still in that trade, so...as many crumbs as were on offer for the day...I've missed very few.
  • #99,754
  • Jul 2, 2012 5:53pm Jul 2, 2012 5:53pm
Quoting sisse
Got all I need for today so nothing to see here...gl all trading overnight ...

sisse


Have a good night, mate.
  • #99,755
  • Jul 2, 2012 5:54pm Jul 2, 2012 5:54pm
Quoting kenfen69
Sure...that's what I did yesterday. Sold failed attempt of holding above (London's) Friday's close. Still in that trade, so...as many crumbs as were on offer for the day...I've missed very few.
but.... that was the bread yesterday. :o
  • #99,756
  • Jul 2, 2012 5:57pm Jul 2, 2012 5:57pm
Quoting pkimnyc
but.... that was the bread yesterday. :o
Sassmouth?

Can't quite tell. Something happened my sass-O-meter!
  • #99,757
  • Jul 2, 2012 5:58pm Jul 2, 2012 5:58pm
Quoting kenfen69
Sassmouth?

Can't quite tell. Something happened my sass-O-meter!
no worries bro. may be 2% sass...
  • #99,758
  • Jul 2, 2012 6:00pm Jul 2, 2012 6:00pm
Quoting pkimnyc
no worries bro. may be 2% sass...
Ok, Ok...I didn't want to have to start a paragraph with...

Listen 5 pips...

etc, etc, etc.

  • #99,759
  • Jul 2, 2012 6:01pm Jul 2, 2012 6:01pm
Quoting kenfen69
Ok, Ok...I didn't want to have to start a paragraph with...

Listen 5 pips...

etc, etc, etc.

<-- no mo...
  • #99,760
  • Jul 2, 2012 6:03pm Jul 2, 2012 6:03pm
Quoting pkimnyc
<-- no mo...
You sure? Those cheeks are pretty flushed!
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