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The Really Useless Thread

  • #112,101
  • Sep 18, 2012 10:57am Sep 18, 2012 10:57am
Quoting PayTheLimit
its an interesting level...
in reality 2444 is probably a mid.. if the gbp had crossed the high you were looking at, i would have to change my perspective. i see it as the condom wearing risk.. a back stop.. a safety net.. even if it did cross.. we usually retrace not long after .. to a place like we have as a target.. before continuing the b/o more times then not
those who can, do. those who cant, talk about those who can
  • #112,102
  • Sep 18, 2012 11:11am Sep 18, 2012 11:11am
Quoting gatorinla
in reality 2444 is probably a mid.. if the gbp had crossed the high you were looking at, i would have to change my perspective. i see it as the condom wearing risk.. a back stop.. a safety net.. even if it did cross.. we usually retrace not long after .. to a place like we have as a target.. before continuing the b/o more times then not
well 6300 is this years high, so we prolly are not going to waltz right though it, this years mid is 5768, which is about 10 pips south of your target, and has seen plenty of action this year...
Attached Image (click to enlarge)
Click to Enlarge Name: chart 1.gif Size: 20 KB
Look Sharp/Trade Tight
  • #112,103
  • Sep 18, 2012 11:16am Sep 18, 2012 11:16am
Quoting PayTheLimit
well 6300 is this years high, so we prolly are not going to waltz right though it, this years mid is 5768, which is about 10 pips south of your target, and has seen plenty of action this year...
before we get there. we will probably get a indication of break or not.. 4 h close in 45 min.. these moves like the last 7 weeks are small in the bigger picture.. gbp had indicated 1.49 last year. that is still valid. we are in the b/o bounce that happens in all tf..
those who can, do. those who cant, talk about those who can
  • #112,104
  • Sep 18, 2012 11:33am Sep 18, 2012 11:33am
Quoting gatorinla
before we get there. we will probably get a indication of break or not.. 4 h close in 45 min.. these moves like the last 7 weeks are small in the bigger picture.. gbp had indicated 1.49 last year. that is still valid. we are in the b/o bounce that happens in all tf..
sure, I mean whats the all time low, 1.02 or something, dont have it on my chart..


I found a low of 1.0460 in 1985, but for some reason I think its traded lower..
Look Sharp/Trade Tight
  • #112,105
  • Sep 18, 2012 11:46am Sep 18, 2012 11:46am
Quoting PayTheLimit
well 6300 is this years high, so we prolly are not going to waltz right though it, this years mid is 5768, which is about 10 pips south of your target, and has seen plenty of action this year...
here are 3 bull b/o with qe and dragi walking on water. the pink ones happen.. here is proof they do.. and here is where most fail.. they play the b/o.... and on this one they made money (if they took profit). above the pink one.. is a few blue boxes.. these happen more times then not.. even with qe and dragi it happened 2 times compared to the pink 1 time. lets call the pink, the porch.. and the blue the pickup.. the pickup would have missed the pink box. and traded the 2 blue ones. the point is on any tf.. after a b/o more times then not.. we retrace not long after the b/o... the pink/blue box at the top shows a break below that retrace, and a st directional change after

i missed marking the middle blue box pullback.. its easy to see.. a long after with those pullback levels as a s/l is good r/r ... the stops are small comparable to reward in trend direction..
Attached Image (click to enlarge)
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those who can, do. those who cant, talk about those who can
  • #112,106
  • Sep 18, 2012 12:01pm Sep 18, 2012 12:01pm
h closed below 3043.9 level
those who can, do. those who cant, talk about those who can
  • #112,107
  • Sep 18, 2012 12:07pm Sep 18, 2012 12:07pm
Quoting gatorinla
here are 3 bull b/o with qe and dragi walking on water. the pink ones happen.. here is proof they do.. and here is where most fail.. they play the b/o.... and on this one they made money (if they took profit). above the pink one.. is a few blue boxes.. these happen more times then not.. even with qe and dragi it happened 2 times compared to the pink 1 time. lets call the pink, the porch.. and the blue the pickup.. the pickup would have missed the pink box. and traded the 2 blue ones. the point is on any tf.. after a b/o more times then not.. we...
yea, playing the retrace definately has the best r:r...
Look Sharp/Trade Tight
  • #112,108
  • Sep 18, 2012 12:09pm Sep 18, 2012 12:09pm
s/p ?
Attached Image
those who can, do. those who cant, talk about those who can
  • #112,109
  • Sep 18, 2012 12:11pm Sep 18, 2012 12:11pm
The Aussie is trading like a sack of bricks.
  • #112,110
  • Sep 18, 2012 12:13pm Sep 18, 2012 12:13pm
Quoting PayTheLimit
yea, playing the retrace definately has the best r:r...
playing the trend that way is rewarding. so what if your not in the pink ones.. you dont know they are going to be pink.. so the risk overall is not as good as waiting.
those who can, do. those who cant, talk about those who can
  • #112,111
  • Sep 18, 2012 12:21pm Sep 18, 2012 12:21pm
Quoting gatorinla
playing the trend that way is rewarding. so what if your not in the pink ones.. you dont know they are going to be pink.. so the risk overall is not as good as waiting.
Inserted Video
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  • #112,112
  • Sep 18, 2012 12:34pm Sep 18, 2012 12:34pm
Quoting PayTheLimit
yea, playing the retrace definately has the best r:r...
gbp// no bear b/o yet. since pink b/o.. pink is incomplete.. after b/o 2x min if in trend is norm..
Attached Image (click to enlarge)
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those who can, do. those who cant, talk about those who can
  • #112,113
  • Sep 18, 2012 12:40pm Sep 18, 2012 12:40pm
Quoting gatorinla
gbp// no bear b/o yet. since pink b/o.. pink is incomplete.. after b/o 2x min if in trend is norm..
yea, looks like I'll have to settle for an inside day...
Attached Image
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  • #112,114
  • Sep 18, 2012 12:51pm Sep 18, 2012 12:51pm
Quoting gatorinla
gbp// no bear b/o yet. since pink b/o.. pink is incomplete.. after b/o 2x min if in trend is norm..

we need a close below the ema200 on daily and we did visit the 6260's ,
if we close below it then east is open , not 6308 insight

the bitch looks like a safe haven
  • #112,115
  • Sep 18, 2012 1:10pm Sep 18, 2012 1:10pm
3031 long. target 3200
looking for investors . pm me
  • #112,116
  • Sep 18, 2012 1:14pm Sep 18, 2012 1:14pm
Quoting kbmoonshinex
3031 long. target 3200

dammmmmmmmmmmmm

might be wrong but 2990's is next thats after 3024
  • #112,117
  • Sep 18, 2012 1:19pm Sep 18, 2012 1:19pm
Quoting kill56
dammmmmmmmmmmmm

might be wrong but 2990's is next thats after 3024
ty. i risk 8 pips .

EDIT. stop loss moved 3028. so 3 pips risk
looking for investors . pm me
  • #112,118
  • Sep 18, 2012 1:28pm Sep 18, 2012 1:28pm
Quoting kbmoonshinex
ty. I risk 8 pips :d.

Edit. Stop loss moved 3028. So 3 pips risk
8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8

= 384
  • #112,119
  • Sep 18, 2012 1:29pm Sep 18, 2012 1:29pm
Quoting darimik
8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8+8

= 384
yeah but. . -8 -8 -8 +56 +127 -8 -8 = positive
looking for investors . pm me
  • #112,120
  • Sep 18, 2012 1:33pm Sep 18, 2012 1:33pm
Quoting kbmoonshinex
yeah but. . -8 -8 -8 +56 +127 -8 -8 = positive
yes. its 143.

now

99x99. quick
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