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The Really Useless Thread

  • #114,361
  • Sep 27, 2012 11:04am Sep 27, 2012 11:04am
Quoting gatorinla
a thousand mile journey starts with one step. first the dam leaks.
what's your basic take on spanish budget info? moving up with a bit of momentum atm...
  • #114,362
  • Sep 27, 2012 11:06am Sep 27, 2012 11:06am
s 2890
those who can, do. those who cant, talk about those who can
  • #114,363
  • Sep 27, 2012 11:06am Sep 27, 2012 11:06am
Quoting FibbinArchie
what's your basic take on spanish budget info? moving up with a bit of momentum atm...
Ugg, i'm getting so sick and tired of the BS out of there. How the markets are not completely numb to it by now is beyond me.
  • #114,364
  • Sep 27, 2012 11:08am Sep 27, 2012 11:08am
Quoting FibbinArchie
what's your basic take on spanish budget info? moving up with a bit of momentum atm...
i don't know how to add news to a chart.
those who can, do. those who cant, talk about those who can
  • #114,365
  • Sep 27, 2012 11:08am Sep 27, 2012 11:08am
Quoting gatorinla
s 2890
I'm trying to snag 1.2895... soooo close.
check out my blog: forexmademillionaire dot com
  • #114,366
  • Sep 27, 2012 11:10am Sep 27, 2012 11:10am
i dunno guys, you're brave fading strong momentum like that.. 2825 was an important level also..
  • #114,367
  • Sep 27, 2012 11:11am Sep 27, 2012 11:11am
Quoting Geppy
I'm trying to snag 1.2895... soooo close.
Yahtzee!
check out my blog: forexmademillionaire dot com
  • #114,368
  • Sep 27, 2012 11:11am Sep 27, 2012 11:11am
Quoting gatorinla
i don't know how to add news to a chart.
i missed it, don't even know what's been said about poss bailout...
  • #114,369
  • Sep 27, 2012 11:12am Sep 27, 2012 11:12am
looks strong.
Attached Image
those who can, do. those who cant, talk about those who can
  • #114,370
  • Sep 27, 2012 11:14am Sep 27, 2012 11:14am
added short GU (last one) @ 1.6225 risking 1.6250

GU H1:
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Don't be a hero. Don't have an ego. Always question yourself
  • #114,371
  • Sep 27, 2012 11:15am Sep 27, 2012 11:15am
Even the H4 looks like a spikey cluster feck.
  • #114,372
  • Sep 27, 2012 11:16am Sep 27, 2012 11:16am
Quoting FibbinArchie
i dunno guys, you're brave fading strong momentum like that.. 2825 was an important level also..
The trend is still down and hasn't been violated. It's a pretty good R:R here in my opinion, especially the way PA has acted over the last 18 hours or so.

This doesn't have the feel of base forming here. It feels much more like consolidation before another leg lower, much like we saw while trying to break 1.2900 earlier this week.

We'll see, I've been wrong plenty before
check out my blog: forexmademillionaire dot com
  • #114,373
  • Sep 27, 2012 11:19am Sep 27, 2012 11:19am
Quoting Geppy
The trend is still down and hasn't been violated. It's a pretty good R:R here in my opinion, especially the way PA has acted over the last 18 hours or so.

This doesn't have the feel of base forming here. It feels much more like consolidation before another leg lower, much like we saw while trying to break 1.2900 earlier this week.

We'll see, I've been wrong plenty before
well so long as it's all under control, still a little ways to go till tl res, and 2912 is one of my levels, tokyo high the night of the riots...

but lets see, i've been wrong plenty of times too...
  • #114,374
  • Sep 27, 2012 11:21am Sep 27, 2012 11:21am
don't forget folks, week, month and quarter end liquidity flows tomorrow..
  • #114,375
  • Sep 27, 2012 11:26am Sep 27, 2012 11:26am
Quoting FibbinArchie
well so long as it's all under control, still a little ways to go till tl res, and 2912 is one of my levels, tokyo high the night of the riots...

but lets see, i've been wrong plenty of times too...
Yep, I was hoping for 1.2920 overnight last night, but it didn't come close. Maybe I'm jumping the gun on this now because of it, but my TPs are generally quite large.
check out my blog: forexmademillionaire dot com
  • #114,376
  • Sep 27, 2012 11:28am Sep 27, 2012 11:28am
closed mine on the drop.. -3...s/p broke R
those who can, do. those who cant, talk about those who can
  • #114,377
  • Sep 27, 2012 11:31am Sep 27, 2012 11:31am
broke
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those who can, do. those who cant, talk about those who can
  • #114,378
  • Sep 27, 2012 11:35am Sep 27, 2012 11:35am
Quoting Geppy
Yep, I was hoping for 1.2920 overnight last night, but it didn't come close. Maybe I'm jumping the gun on this now because of it, but my TPs are generally quite large.
yeah i know you know what you're doing, i'm sure recent profits can comfortably accommodate a bit of a draw down on these shorts...
  • #114,379
  • Sep 27, 2012 11:38am Sep 27, 2012 11:38am
TL only thing left.
200 & 1000 SMA's in chart.
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  • #114,380
  • Sep 27, 2012 11:45am Sep 27, 2012 11:45am
Quoting FibbinArchie
yeah i know you know what you're doing, i'm sure recent profits can comfortably accommodate a bit of a draw down on these shorts...
I don't really consider recent profits as proxy for allowing more or less drawdown. However, my R/R is still very reasonable and I'm not veering from my trade style.

We'll see how it plays out. I'd really like to pick up a little more EA, but bounces there are tough to grab.
check out my blog: forexmademillionaire dot com
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