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The Really Useless Thread

  • #118,661
  • Oct 19, 2012 5:26am Oct 19, 2012 5:26am
How are you mate?.... What is your EW reading at these levels?

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #118,662
  • Oct 19, 2012 5:27am Oct 19, 2012 5:27am
Quoting infinitus
EW wise 2990 is the key to much more bearishness
sure. i am on board. it just will not be in a straight line.. 2432 + shitload
those who can, do. those who cant, talk about those who can
  • #118,663
  • Oct 19, 2012 5:45am Oct 19, 2012 5:45am
Quoting sisse
How are you mate?.... What is your EW reading at these levels?

sisse
Hi Sisse,

all is fine. Hope you are fine as well :-)


well, only movement below 2990 will end the short term bullish case.

We may be now in a wave 4 down. Wave 5 up may end somewhere between 3150-3180.

But I am even able to count the move up as finished - and Google yesterday could have been a game changer regarding social mood (Risk off)

we are now at base channel support

The blue 1 down on the picture may be, in bullish case a red XX. In this case we may run up a bit more (towards the mentioned 3150-3180)

But when it is like on the picture, than there is no need for a new high


Would favor right now a move towards 3020-3030, then a retracement towards 3062, in case of higher then 3092
Attached Image (click to enlarge)
Click to Enlarge Name: Chart_EUR_USD_12 Hours_snapshot.jpg Size: 188 KB
  • #118,664
  • Oct 19, 2012 5:49am Oct 19, 2012 5:49am
Quoting infinitus
Hi Sisse,

all is fine. Hope you are fine as well :-)


well, only movement below 2990 will end the short term bullish case.

We may be now in a wave 4 down. Wave 5 up may end somewhere between 3150-3180.

But I am even able to count the move up as finished - and Google yesterday could have been a game changer regarding social mood (Risk off)

we are now at base channel support

The blue 1 down on the picture may be, in bullish case a red XX. In this case we may run up a bit more (towards the mentioned 3150-3180)

But when...


short term bullish count
Attached Image (click to enlarge)
Click to Enlarge Name: Chart_EUR_USD_12 Hours_snapshot.jpg Size: 183 KB
  • #118,665
  • Oct 19, 2012 6:02am Oct 19, 2012 6:02am
Quoting infinitus
short term bullish count
Thanks.

I would add China disappointing GDP to the Google game changer.

On the TA, very much agree with the view. Levels are slightly different (1.272x / 1.264x [key] and 1.243x [partially open as long as 1.272x hold weekly] but the same view.

Only difference is I don't have closed yet the top and a test 1.327x still marginally open as long as weekly roll hold 1.306x (breaching right now with h4 but we need NY to make the final decision) that can make a bit messy that wave 5 and the count after in your charts (just because in my case that range is on the weekly more than the daily and there is still some ticks left to complete the range ...)/

However, I am definitively tracking the same picture but given priority to the the Weekly / and now M roll play first for the swing down but I won't be trigger shy on a break down on daily as per your chart either....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #118,666
  • Oct 19, 2012 6:12am Oct 19, 2012 6:12am
Quoting sisse
Thanks.

I would add China disappointing GDP to the Google game changer.

On the TA, very much agree with the view. Levels are slightly different (1.272x / 1.264x [key] and 1.243x [partially open as long as 1.272x hold weekly] but the same view.

Only difference is I don't have closed yet the top and a test 1.327x still marginally open as long as weekly roll hold 1.306x (breaching right now with h4 but we need NY to make the final decision) that can make a bit messy that wave 5 and the count after in your charts (just because in my case...

2990 was shorter term, should have stated


completely agree with 272x


have 2695 as weekly Murrey Math pivot

break of 2451 on weekly gives way to at least 2207, put probably to new lows
  • #118,667
  • Oct 19, 2012 6:14am Oct 19, 2012 6:14am
h closed on the bull side of the last close. had it closed above 3056 i would have closed my s. if i was day trading... the close in 2h if above i would definitely be thinking N bounce.
w/o these because we usually bounce before places like posted earlier 3015/35.. this would be opposite of candle indications except the last close.
those who can, do. those who cant, talk about those who can
  • #118,668
  • Oct 19, 2012 6:19am Oct 19, 2012 6:19am
Quoting infinitus
EW wise 2990 is the key to much more bearishness
Yup... Agreed with you.

Found Dark Cloud Candle Signal in Daily Chart, Bro.
If Price 1.2990 will Broken, got Downward to LOWEST Price 1.2836
Always looking the GREAT, never left GOOD Point...
  • #118,669
  • Oct 19, 2012 6:20am Oct 19, 2012 6:20am
Quoting gatorinla
h closed on the bull side of the last close. had it closed above 3056 i would have closed my s. if i was day trading... the close in 2h if above i would definitely be thinking N bounce.
w/o these because we usually bounce before places like posted earlier 3015/35.. this would be opposite of candle indications except the last close.
i prefer to see 3090 to enter short targeting 2990
  • #118,670
  • Oct 19, 2012 6:29am Oct 19, 2012 6:29am
Quoting julia2011
i prefer to see 3090 to enter short targeting 2990
lots of hidden bulls.. study double tops... if we reached the high at 3172... to the right of it.... 2 almost = highs happen often.. before lower happens. never always... but very often.. so back to 3040 area is not a pipe dream..
those who can, do. those who cant, talk about those who can
  • #118,671
  • Oct 19, 2012 6:35am Oct 19, 2012 6:35am
Quoting gatorinla
lots of hidden bulls.. study double tops... if we reached the high at 3172... to the right of it.... 2 almost = highs happen often.. before lower happens. never always... but very often.. so back to 3040 area is not a pipe dream..
Wise Word and Good Advice, Bro.

ADD... Make Analyze byself for Trade.
Always looking the GREAT, never left GOOD Point...
  • #118,672
  • Oct 19, 2012 6:41am Oct 19, 2012 6:41am
Quoting Tsar

ADD... Make Analyze byself for Trade.
These my Reason, I never given my Estimation again 'Every Week' where Price will be going... LONG TIME ago.
Always looking the GREAT, never left GOOD Point...
  • #118,673
  • Oct 19, 2012 6:44am Oct 19, 2012 6:44am
Quoting chazzle
i see 038 holding it for now - that week close
so far so good - see if she holds
Attached Image (click to enlarge)
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  • #118,674
  • Oct 19, 2012 6:45am Oct 19, 2012 6:45am
Quoting julia2011
i prefer to see 3090 to enter short targeting 2990
.
Attached Image (click to enlarge)
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those who can, do. those who cant, talk about those who can
  • #118,675
  • Oct 19, 2012 6:50am Oct 19, 2012 6:50am
Quoting gatorinla
.
  • #118,676
  • Oct 19, 2012 6:52am Oct 19, 2012 6:52am
Quoting Tsar
These my Reason, I never given my Estimation again 'Every Week' where Price will be going... LONG TIME ago.
if we close above 3056 in 1h 10 min... i will scalp a long with 3110 or higher target. as long as we are not much higher then 3056
those who can, do. those who cant, talk about those who can
  • #118,677
  • Oct 19, 2012 7:01am Oct 19, 2012 7:01am
? moving tp to 2768+spread.
Attached Image (click to enlarge)
Click to Enlarge Name: usdx cam.PNG Size: 34 KB
those who can, do. those who cant, talk about those who can
  • #118,678
  • Oct 19, 2012 7:05am Oct 19, 2012 7:05am
Quoting gatorinla
if we close above 3056 in 1h 10 min... i will scalp a long with 3110 or higher target. as long as we are not much higher then 3056
I like Conform with Daily Candle Close first, Bro.
Attached Image (click to enlarge)
Click to Enlarge Name: 2012-10-19_EU in Daily Chart.png Size: 29 KB
Always looking the GREAT, never left GOOD Point...
  • #118,679
  • Oct 19, 2012 7:10am Oct 19, 2012 7:10am
Quoting Gleneagles
Looking to buy 3047-3064 area

below 3035 will spoil my fun
pulling the plug for the day before i am tempted to sell 3035 level

it is Friday ....

lousy +22 pips for the day but it will pay for a few beers
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_16 Oct. 19 14.06.jpg Size: 78 KB
" Never let the past hold the future to ransom "
  • #118,680
  • Oct 19, 2012 7:10am Oct 19, 2012 7:10am
Quoting chazzle
so far so good - see if she holds
screw it - the 10 pip crowd got their 10 - i should have been one of them - not looking so hot on 3rd touch - out - waiting for next set-up
Attached Image (click to enlarge)
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