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The Really Useless Thread

  • #135,161
  • May 20, 2015 1:02pm May 20, 2015 1:02pm
Done... slightly dovish comments confirming NO hikes in June (no news) but nothing new in general. Inline in play...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #135,162
  • May 20, 2015 1:12pm May 20, 2015 1:12pm
Quoting sisse
Done... slightly dovish comments confirming NO hikes in June (no news) but nothing new in general. Inline in play... sisse
Thank you for your continued efforts! Great analysis, I'm always happy to see the possibilities a couple of minutes before an event, that's very useful. Thanks again.
  • #135,163
  • May 20, 2015 1:19pm May 20, 2015 1:19pm
Quoting sisse
Done... slightly dovish comments confirming NO hikes in June (no news) but nothing new in general. Inline in play... sisse
IMO June was not going to be on anyway, so I would say that the announcement merely confirmed that, but, if anything, was neutral - hawkish otherwise. Just my opinion.....
  • #135,164
  • May 20, 2015 1:22pm May 20, 2015 1:22pm
Quoting Collector
{quote} IMO June was not going to be on anyway, so I would say that the announcement merely confirmed that, but, if anything, was neutral - hawkish otherwise. Just my opinion.....
yeah pretty much nothing new... the slightly hawkish comments were subdue because this is from the last meeting so the last round of awful numbers was not out yet...so basically that will cancel out that part...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #135,165
  • May 20, 2015 1:23pm May 20, 2015 1:23pm
Quoting sisse
Done... slightly dovish comments confirming NO hikes in June (no news) but nothing new in general. Inline in play... sisse
Thank you sir for your support to all of us.
Could it be they're gonna take it up
Quoting sisse
to 1.122x running soft and weak short hands stops at 1.112x.
without out taking out the weak short hand stops?
  • #135,166
  • May 20, 2015 1:50pm May 20, 2015 1:50pm
Quoting sisse
{quote} yeah pretty much nothing new... the slightly hawkish comments were subdue because this is from the last meeting so the last round of awful numbers was not out yet...so basically that will cancel out that part... sisse
Not able to break support, 1070/60. This is a clue I guess.
Intraday only.
  • #135,167
  • May 20, 2015 1:52pm May 20, 2015 1:52pm
EurUsd - Hourly and Weekly Time Frame:
Attached Image (click to enlarge)
Click to Enlarge Name: H1_W_TF.png Size: 19 KB
f(z)=z2+c
  • #135,168
  • May 20, 2015 1:55pm May 20, 2015 1:55pm
Quoting hathor
http://imageshack.website/e/Liw9-SSw3.jpgEurUsd - Hourly and Weekly Time Frame: {image}
What are you showing exactly?
  • #135,169
  • May 20, 2015 2:10pm May 20, 2015 2:10pm
Quoting JamesBr
{quote} What are you showing exactly?
Interesting the nearly same structure on the two different TFs.
What happens on the small, can happen on the big.
f(z)=z2+c
  • #135,170
  • May 20, 2015 2:12pm May 20, 2015 2:12pm
Quoting hathor
EurUsd - Hourly and Weekly Time Frame: {image}
You are quite perceptive with your posts and you talk TA showing that you not only you are not new in the business but you have dig very dip studying it.

I checked your backpost but I can't find a pattern on what is your trading style. You seem to have a mix between wave structure and S/R and suddenly there is a collage of technical indicators in between your posts. Can I ask what is your style and you general TF for trading?

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #135,171
  • Edited 2:33pm May 20, 2015 2:17pm | Edited 2:33pm
Quoting sisse
{quote} You are quite perceptive with your posts and you talk TA showing that you not only you are not new in the business but you have dig very dip studying it. I checked your backpost but I can't find a pattern on what is your trading style. You seem to have a mix between wave structure and S/R and suddenly there is a collage of technical indicators in between your posts. Can I ask what is your style and you general TF for trading? sisse
Well, first of all thank you for your kind words!
Cutting to the chase:
First started trading on M1 (only scalp) and was learning the language of the charts absolutely visually and autodidact way.
Than got into technical trading, learned patterns while started to learn (I was forced to it because of Dealing Desk execution ) trading on mid TFs.
After that started to build charts by indicators (f.e. moving average chart).
Nowadays I'm fine tuning a signal system and learning to be patient in higher TFs.
My trading pattern looks chaotic maybe, but actually I use the 3 method in the same time (pure technical, 'built' chart, signal) and look for coincidences.
Therefore the time frame is quite mixed either.

P.S.
Pardon me, but what do you mean under 'TA' exactly?
f(z)=z2+c
  • #135,172
  • May 20, 2015 2:40pm May 20, 2015 2:40pm
Technical Analysis most probably.
  • #135,173
  • May 20, 2015 2:42pm May 20, 2015 2:42pm
Quoting ExForX
Technical Analysis most probably.
Sounds reasonable ("faceplant").
Thanks!
f(z)=z2+c
  • #135,174
  • May 20, 2015 2:44pm May 20, 2015 2:44pm
Quoting hathor
{quote} Well, first of all thank you for your kind words! Cutting to the chase: First started trading ...Therefore the time frame is quite mixed either. P.S. Pardon me, but what do you mean under 'TA' exactly?
Got it. Its just to know for future discussions where are you coming from.

TA = Technical Analysis as you clearly described it ...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #135,175
  • Edited 3:20pm May 20, 2015 3:00pm | Edited 3:20pm
... a non event FOMC , same position ...euro is in no man's land around these levels as it lost the major 1.122x to keep bulls in the front run early this week ...those who took swing from 1.146x could shift into taking profit otherwise 1.1000 is still intact and a tick lower would open 1.098x in a quick test as the extension for this leg down ... 1.106x containing the down move ... thus it suggests many jumped in ....I don't like crowded trains , but the blurry position of FED might put us into a soft Buy mode till early June FOMC ...ECB could clear the final map for this week and probably for the end of month ...1.127x is the biggest hurdle in the way up as usual ... if allowed , euro could start another extended correction beyond 1.15xx handle ...

Virtually no change in Fed probabilities after Minutes
Attached Image


hoom.
Get Rich or Die Tryin
  • #135,176
  • May 20, 2015 11:33pm May 20, 2015 11:33pm
Quoting sisse
{quote} Got it. Its just to know for future discussions where are you coming from. TA = Technical Analysis as you clearly described it ... sisse
...So..
The Chonchy
  • #135,177
  • May 21, 2015 2:03am May 21, 2015 2:03am
looking for a way out, hoping London would bring sth to the table..
[H4 Chart]
Attached Image
  • #135,178
  • May 21, 2015 2:06am May 21, 2015 2:06am
Quoting OfWolfAndMan
looking for a way out, hoping London would bring sth to the table.. [H4 Chart] {image}
Are you short or long?
  • #135,179
  • May 21, 2015 2:44am May 21, 2015 2:44am
Quoting Shunyi
{quote} Are you short or long?
placed a small long (scalp size) on the pullback on micro level. further trades depending on strong closes above of below mofu zone
  • #135,180
  • May 21, 2015 2:50am May 21, 2015 2:50am
Quoting OfWolfAndMan
{quote} placed a small long (scalp size) on the pullback on micro level. further trades depending on strong closes above of below mofu zone
closed for +40. I wish to place the pair on hold for further trades, Patience is still hardwork for me
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