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The Really Useless Thread

  • #125,201
  • Nov 29, 2012 8:04pm Nov 29, 2012 8:04pm
Quoting Big1red9
I don't know her as well as you.
Meant to say: don't you think the section in the red box looks familiar?

Attached Image (click to enlarge)
Click to Enlarge Name: 1D.PNG Size: 433 KB


Was wondering where I may have seen it recently. Then WHAMO...it hit me...

http://www.forexfactory.com/attachme...1&d=1354224366




Similar-ish, no? Any TF chart all looks the same! H1...10 Point Bars...same shiz!
  • #125,202
  • Nov 29, 2012 8:05pm Nov 29, 2012 8:05pm
Quoting kenfen69
AU now gunning for the lows. Don't know if they'll smash and continue, though.
There's the smash. But will they continue? Asia loves a stop run then back in range.

If this continues...its ON!
  • #125,203
  • Nov 29, 2012 8:08pm Nov 29, 2012 8:08pm
Quoting kenfen69
Meant to say: don't you think the section in the red box looks familiar?

Attachment

Was wondering where I may have seen it recently. Then WHAMO...it hit me...

http://www.forexfactory.com/attachme...1&d=1354224366




Similar-ish, no? Any TF chart all looks the same! H1...10 Point Bars...same shiz!
I had not considered using it on lower TF... but yeah... its where the rubber-band gets loaded up?
  • #125,204
  • Nov 29, 2012 8:09pm Nov 29, 2012 8:09pm
Quoting Big1red9
I hedged it just as it pop its head above congestion. Locked profits.
Unless it goes substantially above 1.3000, I plan to close my hedges where I opened them....giving up the long profit to allow me to eat, sleep and remove some stress of having to "Be there" when it hits.
  • #125,205
  • Nov 29, 2012 8:10pm Nov 29, 2012 8:10pm
Quoting Big1red9
I had not considered using it on lower TF... but yeah... its where the rubber-band gets loaded up?
Lets look for it up there... more clear on range bars
  • #125,206
  • Nov 29, 2012 8:11pm Nov 29, 2012 8:11pm
Quoting Big1red9
Lets look for it up there... more clear on range bars
Nope... more clear on time bars
  • #125,207
  • Nov 29, 2012 8:11pm Nov 29, 2012 8:11pm
Quoting Big1red9
I had not considered using it on lower TF... but yeah... its where the rubber-band gets loaded up?
Indeed...stretched to its limit.

Exactly what the focus of my email is going to be using ADR along with another thing I use. Any TF.

Think we'll crank something interesting out.
  • #125,208
  • Nov 29, 2012 8:13pm Nov 29, 2012 8:13pm
Quoting Big1red9
Lets look for it up there... more clear on range bars
Wait for 1.3020 and it will be plenty clear...even on an abacus!

What a jackass...sorry!

  • #125,209
  • Nov 29, 2012 8:14pm Nov 29, 2012 8:14pm
little spike for top side stops on e/u??

Inserted Video
  • #125,210
  • Nov 29, 2012 8:14pm Nov 29, 2012 8:14pm
and EJ 107.23
will add some more at 56 ish SL just above 72

EDIT: 107.40 , not 56 and SL just above it

Quoting hkkhanus
GJ
Short 132.29
  • #125,211
  • Nov 29, 2012 8:18pm Nov 29, 2012 8:18pm
Quoting FibbinArchie
little spike for top side stops on e/u??

http://www.youtube.com/watch?v=VZ2HcRl4wSk
Could certainly do, but...

I see this level as a biggie (3020). I would say there are plenty of Buy stops just above, too. What happens if they spike it to hit their Sell orders, but bigger bastards' Buy stops over power them? Well...

They get stopped out and run people over soon after, I guess. But interesting area these are...I find, anyway.

Did that make any sense?
  • #125,212
  • Nov 29, 2012 8:21pm Nov 29, 2012 8:21pm
Quoting kenfen69
Wait for 1.3020 and it will be plenty clear...even on an abacus!

What a jackass...sorry!

lol
  • #125,213
  • Nov 29, 2012 8:22pm Nov 29, 2012 8:22pm
Quoting kenfen69
Could certainly do, but...

I see this level as a biggie (3020). I would say there are plenty of Buy stops just above, too. What happens if they spike it to hit their Sell orders, but bigger bastards' Buy stops over power them? Well...

They get stopped out and run people over soon after, I guess. But interesting area these are...I find, anyway.

Did that make any sense?
Point is...

Bastards will be fine, but small retailers looking to lay down large on a short there could feel it, because Buy stops could really hurt as it gaps up 15-30 pips in a few ticks. Throw in slippage and poor execution...could be a doozey. I make my bread and butter from these sorts of entries, but sometimes I sit them out because of the above. I'm flat, and not looking to play until Monday, but that level is one I would approach cautiously. I'm a junkie...so I'd play it...but probably with reduced lots.
  • #125,214
  • Nov 29, 2012 8:23pm Nov 29, 2012 8:23pm
Quoting kenfen69
Indeed...stretched to its limit.

Exactly what the focus of my email is going to be using ADR along with another thing I use. Any TF.

Think we'll crank something interesting out.
or maybe dynamic 15 min, hour and 4 hour ranges both ave and non
  • #125,215
  • Nov 29, 2012 8:25pm Nov 29, 2012 8:25pm
Quoting kenfen69
Point is...

Bastards will be fine, but small retailers looking to lay down large on a short there could feel it, because Buy stops could really hurt as it gaps up 15-30 pips in a few ticks. Throw in slippage and poor execution...could be a doozey. I make my bread and butter from these sorts of entries, but sometimes I sit them out because of the above. I'm flat, and not looking to play until Monday, but that level is one I would approach cautiously. I'm a junkie...so I'd play it...but probably with reduced lots.
Can be prepared from the top down... they could go after the longer term upper tl
  • #125,216
  • Nov 29, 2012 8:25pm Nov 29, 2012 8:25pm
Quoting kenfen69
Could certainly do, but...

I see this level as a biggie (3020). I would say there are plenty of Buy stops just above, too. What happens if they spike it to hit their Sell orders, but bigger bastards' Buy stops over power them? Well...

They get stopped out and run people over soon after, I guess. But interesting area these are...I find, anyway.

Did that make any sense?
yeah of course, but it's why you need patience even when scalping and being familiar with m1 momentum helps... took 5 shorting the 00...
  • #125,217
  • Nov 29, 2012 8:26pm Nov 29, 2012 8:26pm
Quoting Big1red9
lol


At least you didn't give me one of these:

Those are either absolutely hilarious...or absolutely horrific!
  • #125,218
  • Nov 29, 2012 8:33pm Nov 29, 2012 8:33pm
Quoting kenfen69


At least you didn't give me one of these:

Those are either absolutely hilarious...or absolutely horrific!
lol... heading offline for awhile take care
  • #125,219
  • Nov 29, 2012 8:33pm Nov 29, 2012 8:33pm
Quoting Big1red9
Can be prepared from the top down... they could go after the longer term upper tl
Quoting FibbinArchie
yeah of course, but it's why you need patience even when scalping and being familiar with m1 momentum helps... took 5 shorting the 00...
Absolutely...on both counts!

Sorry...that wasn't really intended for us "big-shot" seasoned pros!

Can serve as a reminder...or food for thought, for whomever...but I get a lot of PM's from people asking about PO's and where I put them. Beyond key zones for stop runs is usually where I'm placing. 3020ish...not so much...for the reasons just mentioned.

Didn't mean to speak below, or above anybody's level of forex comprehension. A thought comes into me head, and its either going out the mouth, or out my fingers. On me own tonight, and the dog is sick of listening so: Useless thread...useless info!
  • #125,220
  • Nov 29, 2012 8:34pm Nov 29, 2012 8:34pm
Quoting Big1red9
lol... heading offline for awhile take care
Catch you later, mate.
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