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The Really Useless Thread

  • #109,301
  • Aug 31, 2012 7:07am Aug 31, 2012 7:07am
Quoting Venice
Nice to wake up too. some things just don't change in these idiotic markets do they.
It was a feast of comments, semi announcements, a few almost certainties more than rumors, and the eurocrats from Brussels as expected coming back from Holiday announcing everything you can imaging from Banking Union to the Holy Grail ....and now we have the real deal with BB...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #109,302
  • Aug 31, 2012 7:11am Aug 31, 2012 7:11am
2609 done, ea on it's way to 2209... that sucker.
  • #109,303
  • Aug 31, 2012 7:21am Aug 31, 2012 7:21am
Quoting sisse
....and now we have the real deal with BB...

sisse
all flat now, no matter what.
  • #109,304
  • Aug 31, 2012 7:29am Aug 31, 2012 7:29am
Quoting Mr Hatch
2609 done, ea on it's way to 2209... that sucker.
Gator must be getting ready now .... I only see the run of stops as expected but no further momentum as it coming intraday from the lows. All clean for BB and lots of air in between now while to the top side, plenty of overhead Resistance.

Very wide Monthly roll area still open which is very unusual at least in my experience. 1.236x is the key level to track for the close (and believe it or nor is still open for today) and after the last move 1.267x is the other area for the roll.

Juice of the move gone (damn London ) before the news. For today, only fades available on profit taking in equities while in the euro is too late to jump in and is starting to cross the line to gambling for a top if it get too far from 1.258x ...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #109,305
  • Aug 31, 2012 7:34am Aug 31, 2012 7:34am
Quoting sisse
Gator must be getting ready now .... I only see the run of stops as expected but no further momentum as it coming intraday from the lows. All clean for BB and lots of air in between now while to the top side, plenty of overhead Resistance.

Very wide Monthly roll area still open which is very unusual at least in my experience. 1.236x is the key level to track for the close (and believe it or nor is still open for today) and after the last move 1.267x is the other area for the roll.

Juice of the move gone (damn London ) before the news....
Aye. My 4h closes in half an hour. Let's see what we get here. All this drama and we are still in daily/weekly supply. Barely moved upwards overall. Obviously that triangle I threw up yesterday has broken to the north. Continuation...
  • #109,306
  • Aug 31, 2012 7:46am Aug 31, 2012 7:46am
last chart for this month, depending on bb now for the long wick rejection and downtrend for a fortnight.

btw: ptl will be back soon, so we can start considering to consider.
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  • #109,307
  • Aug 31, 2012 8:06am Aug 31, 2012 8:06am
Ah, one more... let me do it once.
Without emotion or a single market order.

Heading for the weekend now, reading quite a lot.

Shoe. (often heard German pronunciation of 'cu')
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  • #109,308
  • Aug 31, 2012 8:11am Aug 31, 2012 8:11am
resistance zone now。
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A chart helps those who can read it.
  • #109,309
  • Aug 31, 2012 8:11am Aug 31, 2012 8:11am
morning all

daily chart
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  • #109,310
  • Aug 31, 2012 8:25am Aug 31, 2012 8:25am
Quoting AllyB
morning all

daily chart
Agree with that chart. That 1,267x area with weekly/monthly trendline and Q/M/W horizontal Resistance is key under any perspective....although playing that area with daily (I believe you don't swing trade?) will be a bit too much for by taste ...

In any case GL. BB coming for the last move of the month...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #109,311
  • Aug 31, 2012 8:28am Aug 31, 2012 8:28am
Quoting Mr Hatch
Ah, one more... let me do it once.
Without emotion or a single market order.

Heading for the weekend now, reading quite a lot.

Shoe. (often heard German pronunciation of 'cu')
Good stuff their hatchy. Keep it up.
  • #109,312
  • Aug 31, 2012 8:36am Aug 31, 2012 8:36am
Quoting sisse
Agree with that chart. That 1,267x area with weekly/monthly trendline and Q/M/W horizontal Resistance is key under any perspective....although playing that area with daily (I believe you don't swing trade?) will be a bit too much for by taste ...

In any case GL. BB coming for the last move of the month...

sisse
i don't seem to have the patience to swing trade so i don't usually. i mainly use the higher TF charts to select my levels

come on BB let's get this done!
  • #109,313
  • Aug 31, 2012 8:37am Aug 31, 2012 8:37am
Quoting Mr Hatch
Ah, one more... let me do it once.
Without emotion or a single market order.

Heading for the weekend now, reading quite a lot.

Shoe. (often heard German pronunciation of 'cu')
just once
  • #109,314
  • Aug 31, 2012 8:47am Aug 31, 2012 8:47am
Quoting AllyB
i don't seem to have the patience to swing trade so i don't usually. i mainly use the higher TF charts to select my levels

come on BB let's get this done!
start with smaaaallllll positions that make half of one dustbin-trade to get confidence and enhance your patience. you fetch your levels from the higher timeframes anyway.

or open an account with 100$ for just that and multiply it multiple times by risking 0.01%.
  • #109,315
  • Aug 31, 2012 8:54am Aug 31, 2012 8:54am
Quoting Mr Hatch
start with smaaaallllll positions that make half of one dustbin-trade to get confidence and enhance your patience. you fetch your levels from the higher timeframes anyway.

or open an account with 100$ for just that and multiply it multiple times by risking 0.01%.
Another piece of advice is to just step away from the computer. It is not going to do any good driving yourself insane watching price tick up and down. Place your bets and step away. Most h4 waves take around 1-3 days, so mise well let her do her thing.
  • #109,316
  • Aug 31, 2012 8:57am Aug 31, 2012 8:57am
Quoting Mr Hatch
start with smaaaallllll positions that make half of one dustbin-trade to get confidence and enhance your patience. you fetch your levels from the higher timeframes anyway.

or open an account with 100$ for just that and multiply it multiple times by risking 0.01%.
that is what i need to do ... not wanting to mess with my dustbin account is a big factor. the other big factor is i am like a mother hen when i have a trade up ... hard to set TP & SL and walk away

thanks hatch
  • #109,317
  • Aug 31, 2012 8:58am Aug 31, 2012 8:58am
Quoting Venice
Another piece of advice is to just step away from the computer. It is not going to do any good driving yourself insane watching price tick up and down. Place your bets and step away. Most h4 waves take around 1-3 days, so mise well let her do her thing.
see post above which i was typing as you posted this
  • #109,318
  • Aug 31, 2012 9:00am Aug 31, 2012 9:00am
I bought bed sheets. They are too big..
  • #109,319
  • Aug 31, 2012 9:01am Aug 31, 2012 9:01am
I havent traded all summer.. Cant wait to get back crack/forexheads.
  • #109,320
  • Aug 31, 2012 9:01am Aug 31, 2012 9:01am
Quoting AllyB
that is what i need to do ... not wanting to mess with my dustbin account is a big factor. the other big factor is i am like a mother hen when i have a trade up ... hard to set TP & SL and walk away

thanks hatch
scratch that and better become their pimp... change of attitude that way works wonders.

anyway, you are not alone with that... talk about it here and let's discuss your levels, then set and forget for a while.
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