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The Really Useless Thread

  • #108,521
  • Aug 25, 2012 8:15am Aug 25, 2012 8:15am
I just popped open EA for the first time, since I seen you guys chatting about it quite a bit. I think it was sisse(??) talking about how nice and smooth it was moving. Man, absolutely.

I'll be jumping on board for longs on the return of price to a min of 1.1946. A Break below 1.1899 will start the trend in an opposite direction for a while. Also, 1.1835 is a missed retest. She'll be back for it at some point in time.

PS. My spread on this thing is 10.4 right now. Is that normal for this pair?
  • #108,522
  • Aug 25, 2012 8:50am Aug 25, 2012 8:50am
Quoting KillerWhale
Gator, what's your view on EA?
Much appreciated!
i closed mine for near 300 pips.. in hind sight stupid. but 1936 was my target. on the way to 1936 it indicated 2093.4 (on the chart). we usually retrace after hitting a target at some point like 1934 to the previous mid 1688 (not always but often). .. i shorted but was s/o.. i was going to long bear weakness near mid 1688. but we did not get there... we haven't hit 2093.4 yet. i usually dont s to the mid. but i did with a tight stop. going to 1688 before 2093 would of been the norm. and it still may do it... the mid for 2093 is 1726.
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those who can, do. those who cant, talk about those who can
  • #108,523
  • Aug 25, 2012 9:05am Aug 25, 2012 9:05am
Euro back to 2370 next week? Eh... why not.
  • #108,524
  • Aug 25, 2012 11:08am Aug 25, 2012 11:08am
Quoting Venice
Euro back to 2370 next week? Eh... why not.
YOYOYO V mannnnnn
  • #108,525
  • Aug 25, 2012 11:09am Aug 25, 2012 11:09am
Hello fellows

I just made this thread in platform tech, maybe some useless bastard can help point me in the right direction

http://www.forexfactory.com/showthre...02#post5958602

Quote
Hi guys,

I don't know anything about coding, but would really like to learn how to automate a portion of my trading.

I trade supply and demand zones, and am interested in finding an automated way to enter in shaded zones that I draw.

For example my break and butter is identifying zones on the H4 and finding price action entries on the M5. I'm open minded in experimenting with some sort of automated entry like perhaps a stochastic trigger with defined money management like position sizing, stop placement, and moving the stop to breakeven....
  • #108,526
  • Aug 25, 2012 12:45pm Aug 25, 2012 12:45pm
Quoting Rolland
YOYOYO V mannnnnn
What's up fella? How's that job treating you?
  • #108,527
  • Aug 25, 2012 1:07pm Aug 25, 2012 1:07pm
Quoting Venice
What's up fella? How's that job treating you?
Stressful ten hour shifts with no lunch are no fun, but I've managed to get a spot presenting in the bi-weekly strategy call. I get two slides to open the presentation, the first is upcoming events and how they fit into expectations and sentiment, and the second is a daily chart of DIA with SD zones. The audience is portfolio managers and branch FAs/brokers, as well as potential investors.

But my day to day work isn't in that division and it's hard to keep up because I'm spread thin all over the place.

I hate my job, and living in Ohio. The presentation stuff might help me with my resume but honestly my gut tells me that I need to get west ASAP, I'd really like to move to CO and set up a quiet investment management place in the mountains.

How is Ohio treating you man? Did you catch the Bengals or the Browns bumbling around this week? How your dance with Johnnylawman turn out?
  • #108,528
  • Aug 25, 2012 1:23pm Aug 25, 2012 1:23pm
Quoting Rolland
Stressful ten hour shifts with no lunch are no fun, but I've managed to get a spot presenting in the bi-weekly strategy call. I get two slides to open the presentation, the first is upcoming events and how they fit into expectations and sentiment, and the second is a daily chart of DIA with SD zones. The audience is portfolio managers and branch FAs/brokers, as well as potential investors.

But my day to day work isn't in that division and it's hard to keep up because I'm spread thin all over the place.

I hate my job, and living in Ohio....
Ah man. Sounds like a mess. At least it's building the resume though. I am ready for a switch up myself in living arrangements. Ohio has been bland for quite some time... I either need to start up my studies at the University or get over it and move on. I'm not a big football fan, so I haven't caught any of the games yet. As for the lawman, continuance... continuance... continuance. My laywer has an actual defense built for me, and I completely lucked out with a loop hole. Waiting till court date in October. I have a good chance of getting just a speeding ticket, but if not.. but if found guilty, I have a feeling the judge is going to throw the book at me since I didn't take the "first offense" plea bargain and he will be annoyed for even trying to fight it.
  • #108,529
  • Aug 25, 2012 7:18pm Aug 25, 2012 7:18pm
Quoting gatorinla
i closed mine for near 300 pips.. in hind sight stupid. but 1936 was my target. on the way to 1936 it indicated 2093.4 (on the chart). we usually retrace after hitting a target at some point like 1934 to the previous mid 1688 (not always but often). .. i shorted but was s/o.. i was going to long bear weakness near mid 1688. but we did not get there... we haven't hit 2093.4 yet. i usually dont s to the mid. but i did with a tight stop. going to 1688 before 2093 would of been the norm. and it still may do it... the mid for 2093 is 1726.
Thanks G-man, I plan on staying short with stops above 1.21, I was curious about your target.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #108,530
  • Aug 25, 2012 8:44pm Aug 25, 2012 8:44pm
Anyway, I'm planning to go short on Aud/Usd.

Finally last Friday the ascending trend line broke into little pieces.
And what's even more important, support @ 1.0412 could be history now. We had 4 hr close below, the support was tested from below and rejected.
Since it was a strong support, now it is a strong resistance.

Fundamentally it is in line with technicals, with China's growth slowing down at record pace, commodities could tank.

Next stop for Aud/Usd is probably 1.0176.
But once we get it moving, it could easily go way below that.

Here is the 4 hr chart:
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New voice message: Why are you calling me? If I need you, I'll call you!
  • #108,531
  • Aug 25, 2012 8:47pm Aug 25, 2012 8:47pm
Quoting gatorinla
cheer up man. there is always next week. build up your funds early in the week and lose them Friday. a trend is a trend.
OK.. I will try next week.. not this one
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  • #108,532
  • Aug 25, 2012 8:47pm Aug 25, 2012 8:47pm
Quoting KillerWhale
Anyway, I'm planning to go short on Aud/Usd.

Finally last Friday the ascending trend line broke into little pieces.
And what's even more important, support @ 1.0412 could be history now. We had 4 hr close below, the support was tested from below and rejected.
Since it was a strong support, now it is a strong resistance.

Fundamentally it is in line with technicals, with China's growth slowing down at record pace, commodities could tank.

Next stop for Aud/Usd is probably 1.0176.
But once we get it moving, it could easily go way below...
And the daily chart
Attached Image (click to enlarge)
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New voice message: Why are you calling me? If I need you, I'll call you!
  • #108,533
  • Aug 25, 2012 8:51pm Aug 25, 2012 8:51pm
Inserted Video
  • #108,534
  • Aug 25, 2012 8:57pm Aug 25, 2012 8:57pm
Just got back from watching the bourne legacy. Couldnt keep my eyes open. Whar a snoozer
  • #108,535
  • Aug 25, 2012 9:00pm Aug 25, 2012 9:00pm
Quoting Venice
Just got back from watching the bourne legacy. Couldnt keep my eyes open. Whar a snoozer
any good?
  • #108,536
  • Aug 25, 2012 9:25pm Aug 25, 2012 9:25pm
Quoting FibbinArchie
any good?
It wasnt bad, but not really good. Little action, repeating basically the same story.
  • #108,537
  • Aug 25, 2012 9:57pm Aug 25, 2012 9:57pm
Quoting KillerWhale
And the daily chart
but this is my trend line .
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A chart helps those who can read it.
  • #108,538
  • Aug 25, 2012 10:17pm Aug 25, 2012 10:17pm
Quoting geniusztc
but this is my trend line .
Of course you can make every trend line fit to your liking, fact is that horizontal support is broken and already retested and rejected.
And the fundamentals don't really ask for a flying high Aud.

But hey, anything can happen, we will see soon enough.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #108,539
  • Aug 25, 2012 11:50pm Aug 25, 2012 11:50pm
Quoting KillerWhale
Of course you can make every trend line fit to your liking, fact is that horizontal support is broken and already retested and rejected.
And the fundamentals don't really ask for a flying high Aud.

But hey, anything can happen, we will see soon enough.
you are right ,there is no sure thing .break or not ,then we will have choice .
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A chart helps those who can read it.
  • #108,540
  • Aug 26, 2012 12:09am Aug 26, 2012 12:09am
Quoting KillerWhale
Of course you can make every trend line fit to your liking, fact is that horizontal support is broken and already retested and rejected.
And the fundamentals don't really ask for a flying high Aud.

But hey, anything can happen, we will see soon enough.
Lumpy-comfortable.

Stay genius...

genius

:nerd:
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