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The Really Useless Thread

  • #110,161
  • Sep 7, 2012 9:25pm Sep 7, 2012 9:25pm
Quoting kenfen69
Massive joke...heavy on the gobshite (me)!

Rock strong...rawk steady, Mr Piters!

Coffee, beer, wodka...whatever it is right now...enjoy!
thanks mate..

for now Iam going to visit that Pillow Valley again..

otherwise I may endup in Vegas for a hungover #4

  • #110,162
  • Sep 8, 2012 12:05am Sep 8, 2012 12:05am
Quoting FibbinArchie
so what happens if they actually do fire up the printing presses this month, back to 1.5000 by the end of Q2 2013? where's Skyzer??
they save the euro by printing. it goes up as its believed to be saved. it goes down if that belief fumbles. the reality of printing is for some reason pressed toward the usd more then the euro. the printing the ecb will will do is somehow lost is translation. you cant get milk from a bull. but in the attempt the bull will enjoy the attention. at some point the farmer will realize this. and the tug of war will return.. dont know what will happen at 2837ish.. expecting a bounce there. and if news is still euro positive a bounce.. hopefully at 2502 ish.. but that's not likely unless the chf has touched another 100 pips lower and the gbp 100 pips higher.. posted target levels earlier. that would complete the 600+ pips on the chf..
those who can, do. those who cant, talk about those who can
  • #110,163
  • Sep 8, 2012 12:22am Sep 8, 2012 12:22am
kinda funny i get credit for a stop over a dozen pips. oh well shit happens. i guess i should read more..na.. not worth the time..
those who can, do. those who cant, talk about those who can
  • #110,164
  • Edited 4:44am Sep 8, 2012 4:23am | Edited 4:44am
Quoting gatorinla
kinda funny i get credit for a stop over a dozen pips. oh well shit happens. i guess i should read more..na.. not worth the time..
wtf... that was a good shout, good for a 90 pip retrace, and would've kept the trade alive for a break even exit...

if the trader didn't take the opportunity to get out at break even then there's not much one can do about it, you can't very well go round to their house or office and hold a gun to their head...

i think the moral of the story is to avoid answering noob questions like the plague...
  • #110,165
  • Sep 8, 2012 5:13am Sep 8, 2012 5:13am
looking ahead to next week, economic data schedule looks pretty sparse till wednesday when we have the german court ruling on the bundesbank / ecb thing, then on thursday we have more noises out of the fed...

monday, tuesday could be good for retrace / range play territory, but watch out for the rumour mill, lots of scope for significant structural changes in the fundamental landscape over the coming weeks...

tech levels in fibre, after a 10 second glance at the chart, i'm watching for reactions in the 283x area on the upside and 264x area on the downside...
  • #110,166
  • Sep 8, 2012 5:17am Sep 8, 2012 5:17am
Hi guys,

anyone remembers this post from July? That was a nice one Gator. We are above that number, but anyway, hats of to you sir. When we were down there, I saw 1,2405 as max, and here we go.

See, people are watching you .

T

Quoting gatorinla
i would not be shocked to see a run near 2624.
"I know one thing, that I know nothing." Sokrates
  • #110,167
  • Sep 8, 2012 5:55am Sep 8, 2012 5:55am
Much of recent PA between swing closes DEC and FEB - big ass V yesterday spans the whole range ...
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  • #110,168
  • Sep 8, 2012 7:19am Sep 8, 2012 7:19am
rule no. 69

a. stop loss or lose it

b. dont blame any body for u loss its u boott

c. never change u SL stick with levels u have

d. use a good money management the less the risk the better
  • #110,169
  • Sep 8, 2012 7:22am Sep 8, 2012 7:22am
Quoting gatorinla
kinda funny i get credit for a stop over a dozen pips. oh well shit happens. i guess i should read more..na.. not worth the time..
  • #110,170
  • Sep 8, 2012 8:46am Sep 8, 2012 8:46am
Quoting kill56
rule no. 69

a. stop loss or lose it

b. dont blame any body for u loss its u boott

c. never change u SL stick with levels u have

d. use a good money management the less the risk the better
it's a bit of a pain closing for a loss and having to make it back, but it's a heck of a lot less painful than losing a big percentage of your trading capital, or even worse getting margin called...

ironically enough, the first thing you need to learn to become profitable in this game is how to control the size of your losses...
  • #110,171
  • Sep 8, 2012 8:55am Sep 8, 2012 8:55am
Quoting FibbinArchie
it's a bit of a pain closing for a loss and having to make it back, but it's a heck of a lot less painful than losing a big percentage of your trading capital, or even worse getting margin called...

ironically enough, the first thing you need to learn to become profitable in this game is how to control the size of your losses...
Yep. I took a -40 pip hit on Friday on the Aussie trying out some shorts. It was a daily play though... a lot of people would freak out about that... but... a win on the daily chart is usually around the tune of 200-500 pips per wave. More than ample r/r to play from. I don't know why so many people have such a hard time with this concept. This is a numbers game through and through. You don't even need to be right more than 50% of the time to be profitable... it's just... nice when you are.
  • #110,172
  • Edited 10:40am Sep 8, 2012 10:28am | Edited 10:40am
using the chf T at 9330. 100 pips lower from here. the eu can got higher. but there should be R in the 2837/40 area. i don't know how much if any. i have others higher and a bigger one at 2962.. 2962 and the gbp target for 6164 are both 150 pips higher. if at 2837 area we do fall some. there may be an out for some s and a place to enter L if that's a preference. if the chf and the gbp had reached target, then a retrace is normal more times then not. if the gbp reaches 6164 and the eu is near/@ 2962.. i have a s bias. and hope to get a signal for a s to hold. Im a whore and above 2962 with closes i may change bias. the closes +- 2962 are important. 6164 on the gbp is a none symmetric target.. yearly r3.5 is 6153.. slightly below 6163.
i would never be surprised here with a wick touching 2962 and that same day closing below 2837...
those who can, do. those who cant, talk about those who can
  • #110,173
  • Sep 8, 2012 11:42am Sep 8, 2012 11:42am
its not just me. keep s/l handy
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those who can, do. those who cant, talk about those who can
  • #110,174
  • Edited 12:02pm Sep 8, 2012 11:49am | Edited 12:02pm
Quoting Tom_D_Trader
Hi guys,

anyone remembers this post from July? That was a nice one Gator. We are above that number, but anyway, hats of to you sir. When we were down there, I saw 1,2405 as max, and here we go.

See, people are watching you .

T

there are other ones posted earlier.. just for record.. not a D*** S****** Contest...
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  • #110,175
  • Sep 8, 2012 11:50am Sep 8, 2012 11:50am
oil is near 4 bucks. even as demand drops. oil is near recent high.
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those who can, do. those who cant, talk about those who can
  • #110,176
  • Sep 8, 2012 11:54am Sep 8, 2012 11:54am
Quoting Piters
there are other ones posted earlier.. just for record.. not a D*** S****** Contest...
were you always a prick? or just practicing to be the best, made you one? get over it man. if you weren't breast fed its not my fault.
those who can, do. those who cant, talk about those who can
  • #110,177
  • Sep 8, 2012 11:59am Sep 8, 2012 11:59am
Quoting gatorinla
were you always a prick? or just practicing to be the best, made you one? get over it man. if you weren't breast fed its not my fault.
yes I am..

just pointing on MY earlier posts mate..
no harm.. sorry if you are so sensitive..

I promise I'll leave you alone.. no mentioning your name from now on...

  • #110,178
  • Sep 8, 2012 12:14pm Sep 8, 2012 12:14pm
looks like i did not miss anything in the look at me look at me shit show...
  • #110,179
  • Sep 8, 2012 12:17pm Sep 8, 2012 12:17pm
Quoting fxjawn
looks like i did not miss anything in the look at me look at me shit show...
.........
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  • #110,180
  • Sep 8, 2012 12:19pm Sep 8, 2012 12:19pm
Quoting Piters
yes I am..

just pointing on MY earlier posts mate..
no harm.. sorry if you are so sensitive..

I promise I'll leave you alone.. no mentioning your name from now on...

i wanted to compliment you on your practice endurance. practice makes perfect and you are near perfection in that endeavor. good luck. i was just curios if this move was going to continue in your analysis. i was looking at 2720/48 area with a focus on 37/40. as a r area. toward 2962 ish seems better.. but 2837/40 is here first.
those who can, do. those who cant, talk about those who can
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