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The Really Useless Thread

  • #114,381
  • Sep 27, 2012 11:46am Sep 27, 2012 11:46am
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 11:48am Sep 27, 2012 11:48am
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 11:51am Sep 27, 2012 11:51am
will 2888 offer support now? or 70
those who can, do. those who cant, talk about those who can
  • #114,384
  • Sep 27, 2012 11:53am Sep 27, 2012 11:53am
i posted level before, but not like this..
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  • #114,385
  • Sep 27, 2012 11:55am Sep 27, 2012 11:55am
Quoting Mr Hatch
ny is getting on my nerves.
qft
  • #114,386
  • Sep 27, 2012 11:55am Sep 27, 2012 11:55am
dat short skirt, dayum...

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  • #114,387
  • Sep 27, 2012 11:56am Sep 27, 2012 11:56am
Quoting Mr Hatch
qft
sup hatches...
  • #114,388
  • Sep 27, 2012 11:57am Sep 27, 2012 11:57am
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 11:59am Sep 27, 2012 11:59am
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 12:01pm Sep 27, 2012 12:01pm
Quoting FibbinArchie
sup hatches...
as soon as a candle starts smelling my tp, price turns. sharply.
  • #114,391
  • Sep 27, 2012 12:02pm Sep 27, 2012 12:02pm
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 12:03pm Sep 27, 2012 12:03pm
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 12:05pm Sep 27, 2012 12:05pm
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 12:06pm Sep 27, 2012 12:06pm
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 12:07pm Sep 27, 2012 12:07pm
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 12:09pm Sep 27, 2012 12:09pm
some more TL's.
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  • #114,397
  • Sep 27, 2012 12:10pm Sep 27, 2012 12:10pm
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 12:14pm Sep 27, 2012 12:14pm
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 12:17pm Sep 27, 2012 12:17pm
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 12:17pm Sep 27, 2012 12:17pm
rrrrandom...

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