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The Really Useless Thread

  • #114,381
  • Sep 27, 2012 9:46am Sep 27, 2012 9:46am
Closed short 2964 earlier @ 2864 +100


dustbins +48 today
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" Never let the past hold the future to ransom "
  • #114,382
  • Sep 27, 2012 9:48am Sep 27, 2012 9:48am
tomorrow is Friday.. the break has me looking at 2955.. still have some older ones running.. will close them if we get above 297x/298x.. the s/p is the one i worry about.
those who can, do. those who cant, talk about those who can
  • #114,383
  • Sep 27, 2012 9:51am Sep 27, 2012 9:51am
will 2888 offer support now? or 70
those who can, do. those who cant, talk about those who can
  • #114,384
  • Sep 27, 2012 9:53am Sep 27, 2012 9:53am
i posted level before, but not like this..
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  • #114,385
  • Sep 27, 2012 9:55am Sep 27, 2012 9:55am
Quoting Mr Hatch
ny is getting on my nerves.
qft
  • #114,386
  • Sep 27, 2012 9:55am Sep 27, 2012 9:55am
dat short skirt, dayum...

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  • #114,387
  • Sep 27, 2012 9:56am Sep 27, 2012 9:56am
Quoting Mr Hatch
qft
sup hatches...
  • #114,388
  • Sep 27, 2012 9:57am Sep 27, 2012 9:57am
Quoting gatorinla
tomorrow is Friday.. the break has me looking at 2955.. still have some older ones running.. will close them if we get above 297x/298x.. the s/p is the one i worry about.
I just don't see a confirmed "break" of anything.

All I see is a failed attempt to break through 1.2900 thus far. At a minimum, I'd need to see an hourly close above that level. Until then, this is simple support turned resistance and is pretty textbook as far as I'm concerned.

An hourly break and close above 1.2900 will raise my eyebrows, while the same for 1.2920 will send me packing.
check out my blog: forexmademillionaire dot com
  • #114,389
  • Sep 27, 2012 9:59am Sep 27, 2012 9:59am
Quoting Gleneagles
Closed short 2964 earlier @ 2864 +100


dustbins +48 today
dustbin chart
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" Never let the past hold the future to ransom "
  • #114,390
  • Sep 27, 2012 10:01am Sep 27, 2012 10:01am
Quoting FibbinArchie
sup hatches...
as soon as a candle starts smelling my tp, price turns. sharply.
  • #114,391
  • Sep 27, 2012 10:02am Sep 27, 2012 10:02am
Quoting Mr Hatch
as soon as a candle starts smelling my tp, price turns. sharply.
i usually put mine about 10 closer from where i think it can reasonably go to...
  • #114,392
  • Sep 27, 2012 10:03am Sep 27, 2012 10:03am
Quoting Geppy
I just don't see a confirmed "break" of anything.

All I see is a failed attempt to break through 1.2900 thus far. At a minimum, I'd need to see an hourly close above that level. Until then, this is simple support turned resistance and is pretty textbook as far as I'm concerned.

An hourly break and close above 1.2900 will raise my eyebrows, while the same for 1.2920 will send me packing.
And even a break of this doesn't mean it's bulls turns yet. 2950 is a valid bear area as well.
  • #114,393
  • Sep 27, 2012 10:05am Sep 27, 2012 10:05am
Quoting FibbinArchie
i usually put mine about 10 closer from where i think it can reasonably go to...
I ALWAYS do that... works pretty well.
check out my blog: forexmademillionaire dot com
  • #114,394
  • Sep 27, 2012 10:06am Sep 27, 2012 10:06am
Quoting Venice
And even a break of this doesn't mean it's bulls turns yet. 2950 is a valid bear area as well.
Indeed. 1.2920 is just my "wait and see" point.
check out my blog: forexmademillionaire dot com
  • #114,395
  • Sep 27, 2012 10:07am Sep 27, 2012 10:07am
Quoting Geppy
I ALWAYS do that... works pretty well.
nothing worse than waking up to find that price went within a few pips and then reversed... done that many times as well...
  • #114,396
  • Sep 27, 2012 10:09am Sep 27, 2012 10:09am
some more TL's.
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  • #114,397
  • Sep 27, 2012 10:10am Sep 27, 2012 10:10am
Quoting FibbinArchie
nothing worse than waking up to find that price went within a few pips and then reversed... done that many times as well...
Then it comes back and takes out your SL.. haha. The market is a big meanie head.
  • #114,398
  • Sep 27, 2012 10:14am Sep 27, 2012 10:14am
Quoting Venice
Then it comes back and takes out your SL.. haha. The market is a big meanie head.
lol yeah, but i never leave an open position until i've taken the risk off by either scaling out or moving stops to b/e...
  • #114,399
  • Sep 27, 2012 10:17am Sep 27, 2012 10:17am
Quoting longshot_nl
some more TL's.
why my trendy line not been touched yet? everyone else's seems to have...
  • #114,400
  • Sep 27, 2012 10:17am Sep 27, 2012 10:17am
rrrrandom...

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