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The Really Useless Thread

  • #114,001
  • Sep 26, 2012 10:39am Sep 26, 2012 10:39am
Quoting Chicky
Its just preparing for London close........ at 1.2850
cheers for the pm chicky...
  • #114,002
  • Sep 26, 2012 10:44am Sep 26, 2012 10:44am
Quoting FibbinArchie
what does it take to get fibre to move, a football riot? this is some slow pa today...
Slow but predictable, Arch. Can't ask for more
check out my blog: forexmademillionaire dot com
  • #114,003
  • Sep 26, 2012 10:44am Sep 26, 2012 10:44am
Quoting Geppy
I updated my post with a little more info...

Patience is key. I've found that the more patience I have, the more money I make and the less stressful everything is. It takes time and practice, but it's the best tool a trader can have in my opinion.

I'm watching mostly the 4h and will use the 1h for entry provided the time comes for it.
You got it mate. Trading Daily is where things came in for me to really learn patience. On the Daily chart, I don't like to risk > 40 pips, so I let it come to me. I'm right in the zone to risk about 25 'ish right now, so it's why I am starting to look to pin point on the 15m.

With that being said, i'm a little unsure what to make of the cluster right above us. According to my system, that actually switched the Daily bias back to a bearish trend. Kinda weak though. So right now it is not clear to me, which is rare for the Daily. Regardless, there should be some room for a bounce to retest the cluster at least.
  • #114,004
  • Sep 26, 2012 10:47am Sep 26, 2012 10:47am
Quoting Geppy
Slow but predictable, Arch. Can't ask for more
yeah true geppy, that fake news spike was a pretty easy fade...

looking for a rejection around 2815 to go long for a retrace, if and when...
  • #114,005
  • Sep 26, 2012 10:49am Sep 26, 2012 10:49am
Quoting PayTheLimit
took a small flyer risking less than 10..

stopped out near the lows..

might take another crack..
Look Sharp/Trade Tight
  • #114,006
  • Sep 26, 2012 10:52am Sep 26, 2012 10:52am
Quoting PayTheLimit
stopped out near the lows..

might take another crack..
fibre?

just a little cautious that it could be setting up for a slow grind lower through ny pm...

failed to get back above 60 so far...

wonder if the spanish protesters have finished their dinner yet, getting ready to head out... also, is there a strike in greece tomorrow or something?
  • #114,007
  • Sep 26, 2012 10:53am Sep 26, 2012 10:53am
Quoting FibbinArchie
fibre?
yea, and/or maybe the aussie..
Look Sharp/Trade Tight
  • #114,008
  • Sep 26, 2012 10:58am Sep 26, 2012 10:58am
Quoting PayTheLimit
yea, and/or maybe the aussie..
stronger bounce on aussie atm... didn't south australia get downgraded last night?
  • #114,009
  • Sep 26, 2012 11:00am Sep 26, 2012 11:00am
Apart from scalps no betting against USD from me, maybe until G's 1.2444 for EU

USDOLLAR D1:
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Don't be a hero. Don't have an ego. Always question yourself
  • #114,010
  • Sep 26, 2012 11:02am Sep 26, 2012 11:02am
Quoting PayTheLimit
yea, and/or maybe the aussie..
long both..
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Look Sharp/Trade Tight
  • #114,011
  • Sep 26, 2012 11:03am Sep 26, 2012 11:03am
Quoting FibbinArchie
stronger bounce on aussie atm... didn't south australia get downgraded last night?
yea, they did...one notch I think..
Look Sharp/Trade Tight
  • #114,012
  • Sep 26, 2012 11:05am Sep 26, 2012 11:05am
london has left the building...

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  • #114,013
  • Sep 26, 2012 11:06am Sep 26, 2012 11:06am
Quoting PayTheLimit
yea, they did...one notch I think..
prolly forgotten about already then...
  • #114,014
  • Sep 26, 2012 11:08am Sep 26, 2012 11:08am
Stops to BE on the Aussie long, not messing around with this one too much. Currently sitting +12, will let her go, and see if she is a dud or not. Try again later if so... Stop is right where price will retest, unfortunately. So this is either momtenum race or stop out. More than likely, stop out.
  • #114,015
  • Sep 26, 2012 11:18am Sep 26, 2012 11:18am
2865 is the close of that long wicked candle this morning, suspect a close above here is needed for any type of significant move up..
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Look Sharp/Trade Tight
  • #114,016
  • Sep 26, 2012 11:20am Sep 26, 2012 11:20am
Quoting PayTheLimit
2865 is the close of that long wicked candle this morning, suspect a close above here is needed for any type of significant move up..
Yep, and I would much prefer 2874, from the H1.
  • #114,017
  • Sep 26, 2012 11:23am Sep 26, 2012 11:23am
Quoting Venice
Yep, and I would much prefer 2874, from the H1.
sure, I see that one too..
Look Sharp/Trade Tight
  • #114,018
  • Sep 26, 2012 11:24am Sep 26, 2012 11:24am
Quoting FibbinArchie
london has left the building...
yep , they ponced off

http://www.thedailymash.co.uk/news/s...tent&task=view
  • #114,019
  • Sep 26, 2012 11:27am Sep 26, 2012 11:27am
Quoting chazzle
yep , they ponced off

http://www.thedailymash.co.uk/news/s...tent&task=view
lol, you fucking idiots, lol...
Look Sharp/Trade Tight
  • #114,020
  • Sep 26, 2012 11:28am Sep 26, 2012 11:28am
bbl..
Look Sharp/Trade Tight
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