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The Really Useless Thread

  • #100,761
  • Jul 9, 2012 7:50am Jul 9, 2012 7:50am
Quoting gatorinla
bulls need 2318 now.. if we do it then look ejected. a long scalp near 2290 (no lower) has a decent shot for 2353. st only.. knowing bigger #s are before there. i would b.e. early.
we didnt break 2318.. we didnt break 2290 atm... so neither are valid yet. after break you want to be closer to the opposite # going in break direction. with s/o just above below the opposite side.
those who can, do. those who cant, talk about those who can
  • #100,762
  • Jul 9, 2012 7:52am Jul 9, 2012 7:52am
Quoting kill56
whats 2208 in u books

i see hatchy have 2205 below the mofo
2210/11 was there last night.. close enough.. just waiting.. for a break..
those who can, do. those who cant, talk about those who can
  • #100,763
  • Jul 9, 2012 7:54am Jul 9, 2012 7:54am
2290 just broke.. a s near 2317 is a good r/r short if we bounce back. 2304 is midish
those who can, do. those who cant, talk about those who can
  • #100,764
  • Jul 9, 2012 7:56am Jul 9, 2012 7:56am
Quoting gatorinla
in my bigger world 2328.5 is my mid.. subtract the difference from 2766/67 and 2328.5 from 2328.5 and thats the bigger lm..
it doesn't look too good on my platform, too close to 2008-#s and 2008-chart.
  • #100,765
  • Jul 9, 2012 7:57am Jul 9, 2012 7:57am
Quoting gatorinla
break 2290 now and she will need more wheaties to go higher.. maybe she will gain some mometum after she goes below 2290 to 2263 min. not in stone just yet, but 2263 is a start toward the bear dive.. dont know if we got a net there or not. we made a slightly hh on the 15m. but we closed her lower.. not a definative move for bears there since bulls have to go lower to get mometum. it just" whose driving the bus st atm" bears would go lower.. but so would bulls. if 2290 is solid then we should see a bounce near/at...
?
those who can, do. those who cant, talk about those who can
  • #100,766
  • Jul 9, 2012 7:59am Jul 9, 2012 7:59am
Quoting Mr Hatch
it doesn't look too good on my platform, too close to 2008-#s and 2008-chart.
i am bearish..i just want a higher place to enter. that little bear spike is so close.. but on my platform its.02 pips lower
those who can, do. those who cant, talk about those who can
  • #100,767
  • Jul 9, 2012 8:02am Jul 9, 2012 8:02am
Quoting gatorinla
i am bearish..i just want a higher place to enter. that little bear spike is so close.. but on my platform its.02 pips lower
black and white. lower is lower.
those who can, do. those who cant, talk about those who can
  • #100,768
  • Jul 9, 2012 8:10am Jul 9, 2012 8:10am
63 should be the min.. at 56ish the baby bulls may counter .. with a 120 bounce.. speculation is to set up a bounce depending on support for the st original at 2372.. just speculation.. the bears are here st mt and lt .... bounces are bears allowing mometum for their own use to go lower after.
those who can, do. those who cant, talk about those who can
  • #100,769
  • Jul 9, 2012 8:20am Jul 9, 2012 8:20am
after 2263 lets c if 2256 catches us.. bulls earlier had a less then averge want for 2372 ish.. lots of things to stop it. if before 2263 we go up to 2317 a sell there should be a good r/r one with a s/l just a few pips + spread. after 2318 or 2262 its void.
those who can, do. those who cant, talk about those who can
  • #100,770
  • Jul 9, 2012 9:49am Jul 9, 2012 9:49am
Gosh, glad I decided to get a good night's sleep last night instead of trading. This market needs a kick in the pants!
check out my blog: forexmademillionaire dot com
  • #100,771
  • Jul 9, 2012 10:09am Jul 9, 2012 10:09am
s 2310, 8 pip stop... for 2263 min target
those who can, do. those who cant, talk about those who can
  • #100,772
  • Jul 9, 2012 10:13am Jul 9, 2012 10:13am
Quoting gatorinla
break 2290 now and she will need more wheaties to go higher.. maybe she will gain some mometum after she goes below 2290 to 2263 min. not in stone just yet, but 2263 is a start toward the bear dive.. dont know if we got a net there or not. we made a slightly hh on the 15m. but we closed her lower.. not a definative move for bears there since bulls have to go lower to get mometum. it just" whose driving the bus st atm" bears would go lower.. but so would bulls. if 2290 is solid then we should see a bounce near/at to 2354 min
right or wrong, the reason
those who can, do. those who cant, talk about those who can
  • #100,773
  • Jul 9, 2012 10:37am Jul 9, 2012 10:37am
Quoting Geppy
Gosh, glad I decided to get a good night's sleep last night instead of trading. This market needs a kick in the pants!
i want to short.. just higher
those who can, do. those who cant, talk about those who can
  • #100,774
  • Jul 9, 2012 10:53am Jul 9, 2012 10:53am
Dear All,

On friday, NFP was not good for the USD, but they dropped EURO and GBP as risk aversion - USD gaining. We know very well that during last and first week of month the volatility increases, because this time they want to earn more and also handle derivative markets - options and futures. There is no point in thinking that just because EURO made a new year low, it will have to drop more. It's part of their strategy to buy and discourage traders to buy along with them. Sooner their intentions will be revealed and we can confirm who are the buyers and maybe learn something...

Best regards,
Pico.

ps: I posted it on EURUSD thread but someone deleted... ???
  • #100,775
  • Jul 9, 2012 10:59am Jul 9, 2012 10:59am
Quoting gatorinla
i want to short.. just higher
Yeah, I'm still just holding mine from last week so not much for me to do but wait...
check out my blog: forexmademillionaire dot com
  • #100,776
  • Jul 9, 2012 11:16am Jul 9, 2012 11:16am
And I wondered, where he was while we dropped... bs.
  • #100,777
  • Jul 9, 2012 11:22am Jul 9, 2012 11:22am
Quoting pico_zeh
Dear All,

On friday, NFP was not good for the USD, but they dropped EURO and GBP as risk aversion - USD gaining. We know very well that during last and first week of month the volatility increases, because this time they want to earn more and also handle derivative markets - options and futures. There is no point in thinking that just because EURO made a new year low, it will have to drop more. It's part of their strategy to buy and discourage traders to buy along with them. Sooner their intentions will be revealed and we can confirm...
Where do you see offers and where do you see bids then ? Is it time to buy to the offer and sell to the bid ???

maybe 2350 80 2410 60 ?
"Millionaires don't use astrology, billionaires do"
  • #100,778
  • Jul 9, 2012 11:35am Jul 9, 2012 11:35am
s/o my s
those who can, do. those who cant, talk about those who can
  • #100,779
  • Jul 9, 2012 11:38am Jul 9, 2012 11:38am
Quoting OrionsWay
Where do you see offers and where do you see bids then ? Is it time to buy to the offer and sell to the bid ???
Dear OrionsWay,

Thanks for the question, if i understood, you are asking for levels, right? Levels are difficult to estimate because they depend on volume, traders pending and open positions. And such information are not disclosure for us, but the players knows very well all this information because banks keep them informed. What i try is to read their intentions indirectly to derive their possible moves, and knowing their timing we don't need to worry about levels, we just need to wait for the right time. One think we need to understand is that if all traders start to buy, there is no point for the players to rise the market, so they will need to hold or do some downward stop hunt before start to rise. The market is very dynamic, so we need some strategy like hedge to also earn when they do this kind of extended moves before the intentional...

Best regards,
Pico.
  • #100,780
  • Jul 9, 2012 2:21pm Jul 9, 2012 2:21pm
Quoting fxjawn
Dear Chazzle,

taking the profit here... tired of watching paint dry lol...+10, +23...

warm reguards,

jon
Dear Jon ,

congratulations on your trade

how are you doing with GJ? I took a scalp on it today , very seldom trade the pair - I did a long from pullback into the wick-mid h4 on the recent pin , and back in a few hours later at the same level after a pullback to the swing low close of the aforementioned candle following a bullish outside bar. May add more at the real-body mid/channel bottom

... and it might go up in my face

yours ,

Charles
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