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The Really Useless Thread

  • #102,561
  • Jul 18, 2012 8:36am Jul 18, 2012 8:36am
Quoting sisse
Why Gator? you got a v nice entry ....I know is still the same shiese range but bears coming with some strength after the micro bull trap on the roll 1.228x so the break is still on the table or at least the test of lows....

In any case, I see didn't miss much this morning so let see if we can make the break on my last session this week.

sisse
it may be wrong.. but even if we do break yest low.. its norm to bounce back to 2244 Mid before we hit target.. many times we do it before the break/o point.. the um is 2251x.. these are where to start to look for weakness in the bounce. its better then entering a fresh trade as soon as we break the low. we more then not bounce at some point after b/o before preceding.
example.. 2136 is the target, we went near it. we bounced to 2283+... but we didn't hit the void # @ 2333. the closer to the void # has the better r/r.. its why i wanted to s 2328.5 since its close and a 2008 level..
those who can, do. those who cant, talk about those who can
  • #102,562
  • Jul 18, 2012 8:40am Jul 18, 2012 8:40am
Quoting kenfen69
Good good. Goldilocks?
no eu last night short side... i posted the trade for u

now long eu, gu and gbp/jpy...

watching it close though so i dont get retraced on but it looks strong
  • #102,563
  • Jul 18, 2012 8:42am Jul 18, 2012 8:42am
I've just gone flat the lot (except EA). Canceled ALL pending orders. I smell "bastard" and just want to reassess without bias. Giving nothing back.
  • #102,564
  • Jul 18, 2012 8:44am Jul 18, 2012 8:44am
Quoting Driver55
It's a bit articulated reason , but I believe that the Bund has arrived (my shortlevel was 145.44 ). If this view will be correct, we should also see rise the dax and therefore I don't believe that EURUSD ... will drop .
i closed my eu with the same thought. gold near/@ mid should also cause a bounce. but gold bounce in the 1587 1589.5 area should be watched for weakness. up to void at 1599... target 1557 min
those who can, do. those who cant, talk about those who can
  • #102,565
  • Jul 18, 2012 8:45am Jul 18, 2012 8:45am
Added a couple more shorts just above 1.2260

The retracement stalled out at the 61.8% fib of this most recent down move.

Can we actually get some momentum to the downside? This weekly range has been pitiful!
check out my blog: forexmademillionaire dot com
  • #102,566
  • Jul 18, 2012 8:45am Jul 18, 2012 8:45am
Quoting gatorinla
i closed my eu with the same thought. gold near/@ mid should also cause a bounce. but gold bounce in the 1587 1589.5 area should be watched for weakness. up to void at 1599
Would love another crack at it up there.
  • #102,567
  • Jul 18, 2012 8:46am Jul 18, 2012 8:46am
Quoting kenfen69
Hi Tsar!

Great to see you posting, my friend. Would love to see you around some more...you're one of the good ones!
Thanks very much for the Compliments and Welcome the best that I have heard from you
The third after kill Bro & Vincy Bro...


I really appreciate
Always looking the GREAT, never left GOOD Point...
  • #102,568
  • Jul 18, 2012 8:52am Jul 18, 2012 8:52am
Haven't touched it myself, Ken and not sure you're still in it, bad damn is that AUD resilient.

I see some pretty solid bearish divergence building on the 1H though... looking interesting.
check out my blog: forexmademillionaire dot com
  • #102,569
  • Jul 18, 2012 8:53am Jul 18, 2012 8:53am
well guys ... see you next time
The best thing that can happen to you is to find out where you're wrong.
  • #102,570
  • Jul 18, 2012 8:53am Jul 18, 2012 8:53am
Quoting Tsar
Thanks very much for the Compliments and Welcome the best that I have heard from you
The third after kill Bro & Vincy Bro...


I really appreciate
Feeling is mutual, mate. Welcome!

I'm checking out your All TF MM indicator...very nice work!
  • #102,571
  • Jul 18, 2012 8:54am Jul 18, 2012 8:54am
Quoting Driver55
well guys ... see you next time
All the very best to you, Driver. Stay well.

  • #102,572
  • Jul 18, 2012 8:56am Jul 18, 2012 8:56am
i could have already made a new entry to s the euro and be in the green.. these bounces are what screws most traders.. they hold the bounce then close the top of it. or they change direction and then the pair continues the move opposite. if we trade the edge its so much better. i am not in.. was hoping for a little higher... and we are close to London close. but the better s is in this bounce.
those who can, do. those who cant, talk about those who can
  • #102,573
  • Jul 18, 2012 8:56am Jul 18, 2012 8:56am
benny madoff in 5 min.
  • #102,574
  • Jul 18, 2012 8:57am Jul 18, 2012 8:57am
Quoting kenfen69
Would love another crack at it up there.
its the edge..
those who can, do. those who cant, talk about those who can
  • #102,575
  • Jul 18, 2012 8:57am Jul 18, 2012 8:57am
Quoting Geppy
Haven't touched it myself, Ken and not sure you're still in it, bad damn is that AUD resilient.

I see some pretty solid bearish divergence building on the 1H though... looking interesting.
Just closed shop on it, mate. Looking awfully perky...

Attached Image (click to enlarge)
Click to Enlarge Name: 30min.PNG Size: 46 KB


I am long on it against the Euro, though. Approaching +200 on the top one...

Attached Image (click to enlarge)
Click to Enlarge Name: 1H_AU.PNG Size: 37 KB


Only pair I am left in at the moment.
  • #102,576
  • Jul 18, 2012 8:58am Jul 18, 2012 8:58am
Quoting Driver55
well guys ... see you next time
later
those who can, do. those who cant, talk about those who can
  • #102,577
  • Jul 18, 2012 8:59am Jul 18, 2012 8:59am
Quoting gatorinla
its the edge..
Indeed. Played it several times of late. Nice $30/5 runs off of it. Tough going broke with a few of those.
  • #102,578
  • Jul 18, 2012 9:00am Jul 18, 2012 9:00am
2245 short scalp
looking for investors . pm me
  • #102,579
  • Jul 18, 2012 9:01am Jul 18, 2012 9:01am
Quoting kenfen69
Would love another crack at it up there.
i say void the target at 1599.. but on a bigger chart 1599.34 is a R,, so one could still be s.. a little higher.
those who can, do. those who cant, talk about those who can
  • #102,580
  • Jul 18, 2012 9:01am Jul 18, 2012 9:01am
Quoting Geppy
Haven't touched it myself, Ken and not sure you're still in it, bad damn is that AUD resilient.

I see some pretty solid bearish divergence building on the 1H though... looking interesting.
The stops tripped above 1.0330. Thought that was going to be explosive when it happened. Up to Ben now.
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