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The Really Useless Thread

  • #127,461
  • Dec 14, 2012 6:54am Dec 14, 2012 6:54am
Quoting Mr Hatch
Farewell, good-bye and amen

A month earlier than I originally intended, 10 months before the 'real' deadline, I officially declare: "The journey has ended."

I just ordered complete withdrawal from my two trading accounts at Oanda and Ducascopy.

The plain and simple reason that lead to this decision is a mistake I made at the end of Q1 2012. A mistake that cost me a lot of what I worked for, such a lot that I was unable to erase that loss in the whole course of 2012. In the future, I wouldn't be able to trade with proper money-management...
sorry bro, we did enjoy having u among us and we will miss u pink bott , best of luck hatchy
  • #127,462
  • Dec 14, 2012 7:03am Dec 14, 2012 7:03am
Quoting sisse
... Dollar will lead the move this time. We may not even wait for NY if stops are tripped on the top side in the euro. There is a nuclear reactor up there...lots of air if it blew.

In any case, we need some fresh faces around, some already closed the shop for the year and the other abandoned ship this month for better company in the endless thread .....

sisse

hey bro


we need some action dont care if it nuclear blast,

i am really sorry to see some ppl leaving the thread cuz of a loss , the rest should bring their pink botts back here , i am sure we will have some good ppl coming to join the bastards club
  • #127,463
  • Dec 14, 2012 7:05am Dec 14, 2012 7:05am
Quoting Mr Hatch
Farewell, good-bye and amen

A month earlier than I originally intended, 10 months before the 'real' deadline, I officially declare: "The journey has ended."

I just ordered complete withdrawal from my two trading accounts at Oanda and Ducascopy.

The plain and simple reason that lead to this decision is a mistake I made at the end of Q1 2012. A mistake that cost me a lot of what I worked for, such a lot that I was unable to erase that loss in the whole course of 2012. In the future, I wouldn't be able to trade with proper...
All the Best Mr Hatch
If there was easy money lying around,no one would be forcing it into your
  • #127,464
  • Dec 14, 2012 7:09am Dec 14, 2012 7:09am
Quoting Mr Hatch
Farewell, good-bye and amen

A month earlier than I originally intended, 10 months before the 'real' deadline, I officially declare: "The journey has ended."

I just ordered complete withdrawal from my two trading accounts at Oanda and Ducascopy.

The plain and simple reason that lead to this decision is a mistake I made at the end of Q1 2012. A mistake that cost me a lot of what I worked for, such a lot that I was unable to erase that loss in the whole course of 2012. In the future, I wouldn't be able to trade with proper money-management...
Hatch,
Very sorry to read about your decision, all the best to you! Your views and humor will be missed here and I am sad to see you go.

I had to learn early on that every single mistake can grow out of proportion and deliver a lethal blow regardless. No matter how often one gets it right, a single irresponsibility can wipe out all success. This seems to me the most important and least forgiving rule I experienced and with that in mind -like a sword above my head -I walk. I wish this had struck you earlier because you certainly have the toolset for a successful trader.

...never say never
  • #127,465
  • Dec 14, 2012 7:21am Dec 14, 2012 7:21am
Quoting sisse
There is a massive DNT there in the euro guarantee (PTL also mentioned I think). In my readings a miserable 1 tick will kill not only the option but all the stops above. So no break no shake but a daily/weekly break will make the rest of the year a lot easier ...we'll see this afternoon ...

sisse
sisse, I am a bit lost. double no touch? are you referring to the 1.31388 from oct2012. and the nuclear explosion (or puff of air) and open sky mean there is a lot of bullish potential?

it seems you were shorting 1.3089 the other day, was that in hope for a retrace before new momentum was gained?


for me the key chart at moment in terms up upside is the weekly with bullish TK cross (ichimoku), support from 266 and broken descending TL. next Levels there are around 1.34 and 1.42

support in D1 and H4 comes from Kijun Sen (50%fib of last 26 candles) at 1.30 and 1.288
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  • #127,466
  • Dec 14, 2012 7:42am Dec 14, 2012 7:42am
Quoting 2046
sisse, I am a bit lost. double no touch? are you referring to the 1.31388 from oct2012. and the nuclear explosion (or puff of air) and open sky mean there is a lot of bullish potential?

it seems you were shorting 1.3089 the other day, was that in hope for a retrace before new momentum was gained?

for me the key chart at moment in terms up upside is the weekly with bullish TK cross (ichimoku), support from 266 and broken descending TL. next Levels there are around 1.34 and 1.42

support in D1 and H4 comes from Kijun Sen (50%fib of last 26...
DNT yes, @1.315x. Yes lots of air above, there aren't any more bears holding shorts above. Yes shorted 1.308x just playing ecb but just crumbs. Last chart update for your reference below, from here you can follow the backlinks in the quote to track back this Q outlook since October 1st...

Quoting sisse
Now we need ......
I got 1.334x not 1.34xx on the break and it will unlock in charts 1.359x. I don't have anything at 1.42 (locked or unlocked) yet. Only level I am tracking for the roll is 1.297x and I don't have anything open at 1.288x. 1.300x just air before support.

Sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #127,467
  • Dec 14, 2012 7:51am Dec 14, 2012 7:51am
If 1h close under 3060 then bearish retrace started.
  • #127,468
  • Dec 14, 2012 7:54am Dec 14, 2012 7:54am
Quoting sisse
DNT yes, @1.315x. Yes lots of air above, there aren't any more bears holding shorts above. Yes shorted 1.308x just playing ecb but just crumbs. Last chart update for your reference below, from here you can follow the backlinks in the quote to track back this Q outlook since October 1st...



I got 1.334x not 1.34xx on the break and it will unlock in charts 1.359x. I don't have anything at 1.42 (locked or unlocked) yet. Only level I am tracking for the roll is 1.297x and I don't have anything open at 1.288x. 1.300x just air before support.

Sisse...
Thanks for clarifying. btw I should have cleared most levels in my chart, they don't correspond to the weekly TF

the 1.348 is the high from Feb2012 and below I'd have 1.338 - anyway this could be a long way away
  • #127,469
  • Dec 14, 2012 8:09am Dec 14, 2012 8:09am
Quoting USD-Bear
sisse is scaring the hell out of me, placed stops on AU shorts @ 1.0555 (BE) on both.
Collected + 40 on my EU short
good boy
looking for investors . pm me
  • #127,470
  • Dec 14, 2012 8:14am Dec 14, 2012 8:14am
ok, ill let it go.... 1.32xx still over 2k in profit...

have a great week-end, christmas and new years bastards...

january next...
  • #127,471
  • Dec 14, 2012 8:16am Dec 14, 2012 8:16am
st levels on USDOLLAR

USDOLLAR M15:
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Don't be a hero. Don't have an ego. Always question yourself
  • #127,472
  • Dec 14, 2012 9:41am Dec 14, 2012 9:41am
Quoting Larseg
ok, ill let it go.... 1.32xx still over 2k in profit...

have a great week-end, christmas and new years bastards...

january next...
nice bro.
looking for investors . pm me
  • #127,473
  • Dec 14, 2012 11:12am Dec 14, 2012 11:12am
As expected dollar in full control of the move. Euro literally ticks away to breach highs. Option expired and only stops on high now. No break no shake. Without London and with US almost gone for weekend, day and week are over at the top of this hour.

Nothing to see or do in the euro and waiting for the rolls across the board to load, reload, close and trail stops ...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #127,474
  • Dec 14, 2012 2:19pm Dec 14, 2012 2:19pm
Quoting Mr Hatch
Farewell, good-bye and amen

Good luck Mr. Hatch. Very sorry to see you go. The thread and we willl be poorer for it.
  • #127,475
  • Dec 14, 2012 2:26pm Dec 14, 2012 2:26pm
[quote=cohiba pips;6293968]
Quoting gatorinla

Haven't seen the news yet but surely it's just a protection envoy
for now
those who can, do. those who cant, talk about those who can
  • #127,476
  • Dec 14, 2012 2:29pm Dec 14, 2012 2:29pm
Quoting Mr Hatch
Farewell, good-bye and amen

A month earlier than I originally intended, 10 months before the 'real' deadline, I officially declare: "The journey has ended."

I just ordered complete withdrawal from my two trading accounts at Oanda and Ducascopy.

The plain and simple reason that lead to this decision is a mistake I made at the end of Q1 2012. A mistake that cost me a lot of what I worked for, such a lot that I was unable to erase that loss in the whole course of 2012. In the future, I wouldn't be able to trade with proper money-management...
shit.. good luck
those who can, do. those who cant, talk about those who can
  • #127,477
  • Edited 4:50pm Dec 14, 2012 4:25pm | Edited 4:50pm
Damn it mr Hatch.. I'm really sorry to hear that, but I do understand. Just don't be a stranger. All the best to you.

And NO Mr. Hatch, you did not fail. You put up an awesome fight. Don't ever say you failed.

Quoting Mr Hatch
Farewell, good-bye and amen

A month earlier than I originally intended, 10 months before the 'real' deadline, I officially declare: "The journey has ended."

I just ordered complete withdrawal from my two trading accounts at Oanda and Ducascopy.

The plain and simple reason that lead to this decision is a mistake I made at the end of Q1 2012. A mistake that cost me a lot of what I worked for, such a lot that I was unable to erase that loss in the whole course of 2012. In the future, I wouldn't be able to trade with proper money-management...
  • #127,478
  • Dec 14, 2012 4:48pm Dec 14, 2012 4:48pm
Quoting Mr Hatch
Farewell, good-bye and amen

A month earlier than I originally intended, 10 months before the 'real' deadline, I officially declare: "The journey has ended."

I just ordered complete withdrawal from my two trading accounts at Oanda and Ducascopy.

The plain and simple reason that lead to this decision is a mistake I made at the end of Q1 2012. A mistake that cost me a lot of what I worked for, such a lot that I was unable to erase that loss in the whole course of 2012. In the future, I wouldn't be able to trade with proper...


Hi Hatch,

I am utterly shocked about your decision, because I feel exactly the same way Sisse described already.

maybe you just use the time over the holidays to overthink your abrupt end of this endeavor. When you talked about your mistake in Q1 of 2012 it reminded me of two situations I was in in the past last years, where I made faults which were heavily related to my never ending stubbornness and greed. Last time is around 2 years ago, and I questioned heavily my approach, my dedication, my ability. But how so often in life one tries again and again, trying to avoid the flaws. And I am more than happy not to throw in the towel.

Maybe you wished to hard. Wishing to hard leads to pressing to hard (hope someone understands me). OK, for me it is easy in the end, because I have my dayjob which brings inn all the money I really need and some more. So Forex trading is, was, and will ever be only additional income for me.

But never in my live I have something done with such a dedication (besides skiing and mountaineering) as in Forex trading. And since we have exchanged many mails in the past I know, that you are pretty dedicated to it, too.

Maybe rework your money management, your expectations, your goals. Maybe give it the ten month you already was willing to give.

When you will go, it leaves a place empty here.


But however you decide - it was very nice to got to know you.


Kindest regards,


Markus
  • #127,479
  • Dec 14, 2012 5:02pm Dec 14, 2012 5:02pm
EW estimation of end of upmove

Quoting infinitus
so let us now look inside of the last wave green 5


we are in red wave 5 of green wave 5

ideally targets for this wave red 5 of green 5 are:

3199, 3210, 3231 and 3250


so we have here rather good confluences at 3194/3199 and 3213/3210


OK, long way so far. Let us finally look inside of wave red 5

we are now in wave blue 4 of the red 5

when we estimate, that this wave 4 will run down into resistance at around 3133, then wave blue 5 will ideally end

at 3190, 3194, 3203, 3210



again we have confluences at 3194/3199/ 3203/3210, with the strongest 3194 and 3210


So let us see what will happen.

Read for full understanding the preceding posts of above cited post
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  • #127,480
  • Dec 15, 2012 3:57am Dec 15, 2012 3:57am
Quoting Mr Hatch
Farewell, good-bye and amen

A month earlier than I originally intended, 10 months before the 'real' deadline, I officially declare: "The journey has ended."

I just ordered complete withdrawal from my two trading accounts at Oanda and Ducascopy.

The plain and simple reason that lead to this decision is a mistake I made at the end of Q1 2012. A mistake that cost me a lot of what I worked for, such a lot that I was unable to erase that loss in the whole course of 2012. In the future, I wouldn't be able to trade with proper money-management...
hey hatches, really sorry to hear this brother...

why not go back to work and just trade part time? markets will still be hear when you change your mind...
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