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The Really Useless Thread

  • #134,741
  • May 7, 2015 5:13am May 7, 2015 5:13am
Quoting MissPips
{quote} These green lines are the weekly mids. {image}
MissPips, which indi is it that you use that provides the text, including spread? Thanks.
  • #134,742
  • Edited 5:29am May 7, 2015 5:17am | Edited 5:29am
Quoting Pharm0r
{quote} I think i just went cross-eyed. Haha, I can't follow so many at once. I'm an idiot waiting for it to rain. When I have a close or a touch I can go from there. "areas" of s & d just confuse me and clutter my charts. For example on your charts, 1.13691 and the red line we are at now (above the black 13325) is what my eyes are immediately drawn to, because of the exact touches. Often, after an exact touch one can trade the direction with the stop being a pip or 10 above the touch, perhaps a close needed instead. I understand what you are saying...
For me the lines by themselves don't mean anything, except where there's clusters I pay attention. I don't use exact touches to enter. I wait for a pattern to form at a line (like a DT,DB or engulfing or other pattern I recognize, and then I try to get a tap back close to the mid of the bar that formed the pattern.) Re the too early, too close, yeah you're probably right. But if I see a place near an edge where I can get 15 or 20 and risk only 7 or 8 and set part to b/e, I'm happy with a trade like that even if the b/e part gets stopped out.

Oh, I forgot, that red line and the aqua, those are the US and London opening ranges. They aren't S/R for me unless they are inside one of my own areas. I just use them as a reference for what the London and US traders are thinking/were thinking in this area in the past.
  • #134,743
  • May 7, 2015 5:21am May 7, 2015 5:21am
Quoting sisse
{quote} ....Very light calendar until NFP. For the euro all cards in the table, roll play and better fading highs [a shout to Rockerzeus from the conversation ystd] (1.138x) was the simple play for the opening range. Mini chop zone (1.138x / and the never ending this year 1.127x) in the making until tomorrow NFP...
...and thats it. They made it easier to trade for NFP. Right on time for NY. Clearing one and only intraday target a couple of ticks above 1.127x. Nothing to see until the London fix.

Failure to take 1.127x will put the euro to sleep inside of the chop zone until NFP....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #134,744
  • May 7, 2015 5:26am May 7, 2015 5:26am
Quoting rehorst
{quote} MissPips, which indi is it that you use that provides the text, including spread? Thanks.
It's one I wrote myself. It's based on Dean Malone's ADR calculator, which he sells. He was kind enough
to explain the math behind his in his lectures, and I wanted more features than his had so
I just wrote one based on what he explained. I usually give away all my indies, but I don't feel right posting
this one in a public forum because since he was kind enough to explain how his worked and I don't feel he should suffer for it.
  • #134,745
  • May 7, 2015 5:27am May 7, 2015 5:27am
Quoting Mr. Scott
{quote} {image}
Nice call to you both

Take us lower please. Much much lower. 200 pips or so should do it. thanks in advance
  • #134,746
  • May 7, 2015 5:41am May 7, 2015 5:41am
Check out that daily double bottom on CAD! Bizarre
  • #134,747
  • May 7, 2015 5:49am May 7, 2015 5:49am
Quoting PayTheLimit
...and 1.1222 for euro longs...
thinking that 1.1200 might be a better spot..
Look Sharp/Trade Tight
  • #134,748
  • May 7, 2015 6:18am May 7, 2015 6:18am
Quoting sisse
{quote} GL all but macro moves in the making.... sisse
Quoting Likerty
{quote} 1.0920's 1.1080 1.1390's 1.1470's 1.21xx
Jeeez, sisse - you getting emotional
I'm still playing Gold longs and UJ shorts...
Agree on 117x as being key for gold.

Thing is that 1.1390's is very pivotal for Euro on its way towards 1.21, and as it made here in almost parabolic manner - a breather here is to be expected.. So as E/U goes - so far this theme of major correction against USD looks technically beautiful. But gold and yen struggle makes me wonder..
69
  • #134,749
  • May 7, 2015 7:31am May 7, 2015 7:31am
Quoting sisse
{quote} ...and thats it. They made it easier to trade for NFP. Right on time for NY. Clearing one and only intraday target a couple of ticks above 1.127x. Nothing to see until the London fix. Failure to take 1.127x will put the euro to sleep inside of the chop zone until NFP.... sisse
the man, hope u did get some love from the top , NFP will make the path clear

i see all the sookers are here lets have some fun back soon

i see misspips is the queen of the house now

GL all loop well for the NFP
  • #134,750
  • May 7, 2015 7:42am May 7, 2015 7:42am
Quoting kill56
{quote} the man, hope u did get some love from the top , NFP will make the path clear i see all the sookers are here lets have some fun back soon i see misspips is the queen of the house now GL all loop well for the NFP
Hey cuz, good to see you, like always...
  • #134,751
  • May 7, 2015 7:50am May 7, 2015 7:50am
Shit. That's a big oversight on my part. 1/4 retrace still valid....daily closed and opened 1 pip under

Probably get another chance tomorrow

Full of oversights this week. Someone kick me in the nuts so I'll pay attention.
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  • #134,752
  • May 7, 2015 8:02am May 7, 2015 8:02am
Quoting Likerty
{quote} {quote} Jeeez, sisse - you getting emotional I'm still playing Gold longs and UJ shorts... Agree on 117x as being key for gold. Thing is that 1.1390's is very pivotal for Euro on its way towards 1.21, and as it made here in almost parabolic manner - a breather here is to be expected.. So as E/U goes - so far this theme of major correction against USD looks technically beautiful. But gold and yen struggle...
Je je je.... We'll talk at the end of the summer to evaluate how did it pan out...sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #134,753
  • May 7, 2015 8:07am May 7, 2015 8:07am
Quoting Pharm0r
Shit. That's a big oversight on my part. 1/4 retrace still valid....daily closed and opened 1 pip under Probably get another chance tomorrow Full of oversights this week. Someone kick me in the nuts so I'll pay attention. {image}
I made the exact same mistake with mine. Failed to pay attention to the four hour closes. Practice makes perfect I guess...
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  • #134,754
  • May 7, 2015 8:12am May 7, 2015 8:12am
Quoting sisse
{quote} Je je je.... We'll talk at the end of the summer to evaluate how did it pan out...sisse
Go Sisse go!!!
Hehehe...ok, I know you hate cheerleaders. I will shut up now.
  • #134,755
  • May 7, 2015 8:42am May 7, 2015 8:42am
Quoting MissPips
{quote} I made the exact same mistake with mine. Failed to pay attention to the four hour closes. Practice makes perfect I guess... {image}
You'd think with two sets of eyes on it we'd have gotten it right. I'm blaming you though Ms. Economist lady!

oh well- at least we failed together. misery loves company!
  • #134,756
  • May 7, 2015 8:51am May 7, 2015 8:51am
Quoting Pharm0r
{quote} You'd think with two sets of eyes on it we'd have gotten it right. I'm blaming you though Ms. Economist lady! oh well- at least we failed together. misery loves company!
You'd think. But I saw the close above on the hourly and said to myself, well I can't short it again here because of that. And just plain forgot to check the four hour chart.
(Of course you're blaming me - men have been blaming women ever since Adam and Eve.... Which ought to convince you that I'm a she and not a he....)
  • #134,757
  • Edited 9:31am May 7, 2015 9:13am | Edited 9:31am
Quoting MissPips
{quote} You'd think. But I saw the close above on the hourly and said to myself, well I can't short it again here because of that. And just plain forgot to check the four hour chart. (Of course you're blaming me - men have been blaming women ever since Adam and Eve.... Which ought to convince you that I'm a she and not a he....)
We men never really did get a good apology for that one....now we all have to wear clothes. Worst thing to ever happen to man-kind.

and for the record I have no idea what you are- nor do I have a reason not to believe you. IMO your dangly-parts don't make a difference here
  • #134,758
  • May 7, 2015 9:33am May 7, 2015 9:33am
Quoting Pharm0r
{quote} option #2 please. The news tomorrow should be muted b/c of FOMC. Tuesday is/was pump day.
Quoting hoom
{quote} {quote} Bull move didn't fade the way I expected ... thus we have two options : - another set of bad us numbers for the extension to 1.145x [exhaution leg] - retreat from the highs & consolidate around 1.122x/1.128x waiting for NFP H4 {image} hoom.
positionning pre NFP ... bastards may have triggered a nice swing to attack 1.1000 ... I'll be patient with my short this time ...GL

hoom.
Get Rich or Die Tryin
  • #134,759
  • May 7, 2015 9:48am May 7, 2015 9:48am
Quoting hoom
{quote} {quote} positionning pre NFP ... bastards may have triggered a nice swing to attack 1.1000 ... I'll be patient with my short this time ...GL hoom.
I surely hope so
  • #134,760
  • May 7, 2015 8:32pm May 7, 2015 8:32pm
1209 is a big fucking number- one of the biggest.

I've got it showing on 3 fibs now. The all time, and the most recent swing as a LM. Do you guys believe in coincidence?
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