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The Really Useless Thread

  • #107,701
  • Aug 20, 2012 4:00pm Aug 20, 2012 4:00pm
Quoting kenfen69
Not a lot, geezer.

Few partials out of EA shorts. Have opened nothing new. A little flag present, to be sure. Wouldn't mind seeing those stochs turn over and taking a run at the bottom. Short swaps assist with the patience.
Nicely done. I didn't day trade today but my TP was barely missed. I was too aggressive with it and didn't account for the spread enough. Will keep holding this one.

My swaps pay 1 pip. What about yours it seems like a lot more?

And hello to everyone else, I am a new poster to this thread.

Hope everyone had green pips today. Personally on Mondays, I use half the leverage as the rest of the week.

E/A H4 chart
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Be hopeful in a winning position, and fearful in a losing position.
  • #107,702
  • Aug 20, 2012 4:00pm Aug 20, 2012 4:00pm
Quoting kenfen69
Playing it? Will spreads get nasty for a bit fairly sharpish?
could say that

back under the line + good spread = maybe
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  • #107,703
  • Aug 20, 2012 4:02pm Aug 20, 2012 4:02pm
Quoting fxjawn
well if u will notice... its a pic of carpet samples... lol

no sass in me at all was just saying hi
And a pig just flew past my window...AND I just got a tweet that hell has officially frozen over.
  • #107,704
  • Aug 20, 2012 4:06pm Aug 20, 2012 4:06pm
Quoting chazzle
could say that

back under the line + good spread = maybe
So your giving it the hairy eyeball!

At least Dukas' widening is short lived...AND 12 on G/N isn't THAT bad for "widened." I've seen some brokers where that is nearly normal on that pair. Bastards!
  • #107,705
  • Aug 20, 2012 4:08pm Aug 20, 2012 4:08pm
Attached Image
  • #107,706
  • Aug 20, 2012 4:12pm Aug 20, 2012 4:12pm
Quoting Rag2RichesFX
Nicely done. I didn't day trade today but my TP was barely missed. I was too aggressive with it and didn't account for the spread enough. Will keep holding this one.

My swaps pay 1 pip. What about yours it seems like a lot more?

And hello to everyone else, I am a new poster to this thread.

Hope everyone had green pips today. Personally on Mondays, I use half the leverage as the rest of the week.

E/A H4 chart
Welcome, welcome.

My brokers just do swaps on the difference between interest rates of the two pairs. I've never heard of one doing it on a "pip" value. I think that may just be coincidental that it seems to work out as 1 pip.

The last time I posted my swaps was on a Wednesday into Thursday roll. That is the day that they give you 3x swaps to make up for the weekend days, so it may have seemed a lot...which is good!

I don't know why they do it that way. You would think they would just give you your swaps every 24 hours. Seems silly to me that to get the swaps from the weekend you have to hold until Wed/Thurs. Just my opinion.
  • #107,707
  • Aug 20, 2012 4:13pm Aug 20, 2012 4:13pm
Quoting fxjawn
well if u will notice... its a pic of carpet samples... lol

no sass in me at all was just saying hi
depends on pronunciation... could even be an insult... or sassiness.
  • #107,708
  • Aug 20, 2012 4:13pm Aug 20, 2012 4:13pm
Quoting chazzle


Now we're talking! Could have been a sweet scalp up until then!
  • #107,709
  • Aug 20, 2012 4:15pm Aug 20, 2012 4:15pm
Quoting Mr Hatch
depends on pronunciation... could even be an insult... or sassiness.


And with that fecklord...I consider it sass until proven sincere.
  • #107,710
  • Aug 20, 2012 4:28pm Aug 20, 2012 4:28pm
Happy Birthday Useless Thread!

Attached Image


Quick year!

8,500,000 views and nearly 110,000 Useless replies!
  • #107,711
  • Aug 20, 2012 4:32pm Aug 20, 2012 4:32pm
Quoting kenfen69
Happy Birthday Useless Thread!

Attachment

Quick year!

8,500,000 views and nearly 110,000 Useless replies!
very quick, it feels like a few months
Congrats ken!
Don't be a hero. Don't have an ego. Always question yourself
  • #107,712
  • Aug 20, 2012 4:35pm Aug 20, 2012 4:35pm
Quoting fxjawn
hi ken
hi mate.. new kitchen tiles ???

reno ??
  • #107,713
  • Aug 20, 2012 4:37pm Aug 20, 2012 4:37pm
Quoting kenfen69
Happy Birthday Useless Thread!

Attachment

Quick year!

8,500,000 views and nearly 110,000 Useless replies!
congrat.. mate..
  • #107,714
  • Aug 20, 2012 4:47pm Aug 20, 2012 4:47pm
Quoting kenfen69
Welcome, welcome.

My brokers just do swaps on the difference between interest rates of the two pairs. I've never heard of one doing it on a "pip" value. I think that may just be coincidental that it seems to work out as 1 pip.

The last time I posted my swaps was on a Wednesday into Thursday roll. That is the day that they give you 3x swaps to make up for the weekend days, so it may have seemed a lot...which is good!

I don't know why they do it that way. You would think they would just give you your swaps every 24 hours. Seems silly...
Yeah I agree, that is strange.

You are right it's not a fixed pip value. I was just using a pip value to approximate how much I get paid from the swap. Its more like 0.95 not exactly 1 pip.

Holding a EURAUD short for 1 year would give a little less than 365 pips in swaps I think (assuming no changes in int. rates).



Anyway if this 1856 fails I will next short 1915/25 and heavy 2115/25 if we get there.

Thanks for the welcome, offline for now

Dog is whining for a walk
Be hopeful in a winning position, and fearful in a losing position.
  • #107,715
  • Aug 20, 2012 4:49pm Aug 20, 2012 4:49pm
Quoting USD-Bear
very quick, it feels like a few months
Congrats ken!
Quoting Piters
congrat.. mate..
Cheers fellas...but congrats go to everyone that makes it their local!

Plenty of people with 1000+ posts...

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Has been fun. Plenty of gems within, too. A few low points along the way, but hopefully things will turn around when the summer has done its thing.

Many pips to all!
  • #107,716
  • Aug 20, 2012 4:53pm Aug 20, 2012 4:53pm
Quoting kenfen69
Cheers fellas...but congrats go to everyone that makes it their local!

Plenty of people with 1000+ posts...

Attachment

Has been fun. Plenty of gems within, too. A few low points along the way, but hopefully things will turn around when the summer has done its thing.

Many pips to all!
ok?

soo.. where the party is? any cakes? bbq? pink ladies ???

  • #107,717
  • Aug 20, 2012 4:56pm Aug 20, 2012 4:56pm
Quoting Rag2RichesFX
Yeah I agree, that is strange. But I guess it kind of makes it a self fulfilling prophecy to short on Wednesday into Thursday.
Its funny how often that plays out if you look back at Wednesday into Thursday on EA. I didn't do an in depth analysis of it, but it certainly happens more often than not.

Quoting Rag2RichesFX
Anyway if this 1856 fails I will next short 1915/25 and heavy 2115/25 if we get there.
Same same. Will continue to short for another few levels yet. Always easy enough to get out of them on retraces. Also looking to build longs...for the long term. Unless the Euro ceases to exist, I'm pretty sure we'll swing back to some middle ground at some point.

Quoting Rag2RichesFX
Dog is whining for a walk
Oh, I know that song. Enjoy!
  • #107,718
  • Aug 20, 2012 4:57pm Aug 20, 2012 4:57pm
Quoting kenfen69
Cheers fellas...but congrats go to everyone that makes it their local!

Plenty of people with 1000+ posts...

Attachment

Has been fun. Plenty of gems within, too. A few low points along the way, but hopefully things will turn around when the summer has done its thing.

Many pips to all!
are u diein? seems like a farewell letter
  • #107,719
  • Aug 20, 2012 4:58pm Aug 20, 2012 4:58pm
Quoting Piters
ok?

soo.. where the party is? any cakes? bbq? pink ladies ???

I blame killer, that bastard!!!

He was supposed to bring all of it. Then Ramadan ends...and he must be out eating, drinking and shagging all of our supplies!
  • #107,720
  • Aug 20, 2012 5:00pm Aug 20, 2012 5:00pm
happy birthday useless bastards.
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