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The Really Useless Thread

  • #105,181
  • Jul 31, 2012 5:41am Jul 31, 2012 5:41am
Quoting gatorinla
if London opens below 2273. more times then not the day will lean eu bearish
now lets see if we make sub 2250 now, this close, 20 more m
those who can, do. those who cant, talk about those who can
  • #105,182
  • Jul 31, 2012 5:47am Jul 31, 2012 5:47am
Quoting gatorinla
now lets see if we make sub 2250 now, this close, 20 more m
my mistake.. its the following h.. 1400 on mine. 1h 15m
those who can, do. those who cant, talk about those who can
  • #105,183
  • Jul 31, 2012 6:21am Jul 31, 2012 6:21am
2268 is a s/r
those who can, do. those who cant, talk about those who can
  • #105,184
  • Edited 6:40am Jul 31, 2012 6:22am | Edited 6:40am
I pass the time a little with scalping, maybe more EU Long around 1.2275 (H1 shooting star contra M5 bullish flag). Prices seems more struggling around H4 EMA100 with a slight upward momentum & trade the overlapping H4 candles at M5.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD, M5, 2012 July 31.jpg Size: 87 KB
Click to Enlarge Name: EURUSD, H1, 2012 July 31.jpg Size: 74 KB
Click to Enlarge Name: EURUSD, H4, 2012 July 31.jpg Size: 72 KB
  • #105,185
  • Jul 31, 2012 6:58am Jul 31, 2012 6:58am
EU M1 Scalping
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD, M1, 2012 July 31.jpg Size: 109 KB
  • #105,186
  • Jul 31, 2012 7:04am Jul 31, 2012 7:04am
Quoting gatorinla
my mistake.. its the following h.. 1400 on mine. 1h 15m
didnt get it.. it would of made more likely, a lower move. the majors were bearish. last h close below 2250 would of made it a stronger indication.
those who can, do. those who cant, talk about those who can
  • #105,187
  • Jul 31, 2012 7:09am Jul 31, 2012 7:09am
...I try to trade also the overlapping M30 candles by absence of momentum.
  • #105,188
  • Jul 31, 2012 7:14am Jul 31, 2012 7:14am
EU M1 Scalping, +2.3% within the overlapping M30...(#105188) by absence of momentum.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD, M1, 2012 July 31.jpg Size: 132 KB
Click to Enlarge Name: EURUSD, M30, 2012 July 31.jpg Size: 72 KB
  • #105,189
  • Jul 31, 2012 7:23am Jul 31, 2012 7:23am
maybe it's 2285 time to trade some downs just now...
  • #105,190
  • Edited 7:38am Jul 31, 2012 7:26am | Edited 7:38am
Short 2293, m30 candles seems long enough...& could shaping out a H1 bearish divergence.
PO Short @ 2295, @ 2301
  • #105,191
  • Jul 31, 2012 7:47am Jul 31, 2012 7:47am
Quoting Forexcube
Short 2293, m30 candles seems long enough...& could shaping out a H1 bearish divergence.
PO Short @ 2295, @ 2301
Sold at 1.2310. Trying to decide how long to hold this.
  • #105,192
  • Jul 31, 2012 7:54am Jul 31, 2012 7:54am
Quoting Piters
no shorts before 1.23 imho

However, closing my 3 accounts, taking my pips, end of the month.. and nasty week ahead [news, rumors]...
c'ya later guys..

[Charts]
After closing today my positions in asia and early London session I Opened new scalps.. This is FUN.. we crossed 1.2300 level, good enough to open the north gate..

cya guys later..

[Chart]
Attached Image (click to enlarge)
Click to Enlarge Name: eur trade41.JPG Size: 208 KB
  • #105,193
  • Jul 31, 2012 7:55am Jul 31, 2012 7:55am
Quoting Forexcube
EURUSD, H1, 2012 July 30
EURUSD, M30, 2012 July 30
Long again @ 1.2256 (3x)
#105045

Exit @ 1.2314, +58
  • #105,194
  • Jul 31, 2012 7:58am Jul 31, 2012 7:58am
my original number 2319 spot been hit...by pending orders been filled...1/3 closing
Attached Image(s) (click to enlarge)
Click to Enlarge Name: rr.jpg Size: 80 KB
Click to Enlarge Name: 20.jpg Size: 73 KB
  • #105,195
  • Edited 9:16am Jul 31, 2012 8:00am | Edited 9:16am
Quoting C5fx
Sold at 1.2310. Trying to decide how long to hold this.
#105192

EU Scalping? ...could be one investments strategy if you're tough enough.
Other traders might decline the venture.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD, M1, 2012 July 31.jpg Size: 82 KB
  • #105,196
  • Jul 31, 2012 8:08am Jul 31, 2012 8:08am
Quoting Forexcube
Short 2293, m30 candles seems long enough...& could shaping out a H1 bearish divergence.
PO Short @ 2295, @ 2301
#105191

EURUSD, H1, 2012 July 31
...conditions are complied
...& could be pulverized if German DAX will climb to 7000 (actual 6822)...but today?
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD, H1, 2012 July 31.jpg Size: 83 KB
  • #105,197
  • Jul 31, 2012 8:15am Jul 31, 2012 8:15am
Quoting Forexcube
#105191

EURUSD, H1, 2012 July 31
...conditions are complied
I've noticed bearish divergence between usdx and e/u as well.

We could be forming an hourly head and shoulders. 1.2310 seems to be a fairly strong resistance level looking back on the 4h charts. If this wasn't such a news heavy week I would just hold this without even thinking about it.

The fact that the whole rally happened because Draghi spouted a little bit of bullshit about how they would do anything, but haven't done anything, and will be slow to do anything just makes me think that we'll give it back, as that's what this pair has done every time this type of situation has happened over the last couple of months.

Up ~40 pips on my short. Going to move my stop to BE+1 and go to bed!
  • #105,198
  • Jul 31, 2012 8:19am Jul 31, 2012 8:19am
over 3x 40 pips closed
Attached Image (click to enlarge)
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  • #105,199
  • Jul 31, 2012 8:21am Jul 31, 2012 8:21am
Quoting Forexcube
Short 2293, m30 candles seems long enough...& could shaping out a H1 bearish divergence.
PO Short @ 2295, @ 2301
#105191

Exit @ 1.2273, +20, +22, +28
  • #105,200
  • Jul 31, 2012 8:24am Jul 31, 2012 8:24am
today 12.5% , daily target 0.5-1%, > 11.5% warchest.
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