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The Really Useless Thread

  • #135,461
  • Jun 4, 2015 1:45pm Jun 4, 2015 1:45pm
Quoting Tom_D_Trader
{quote} Hi Bear, please can I have update of your chart? Am just reloading EU longs + GU, gold,... +UJ shorts . Your analysis could come in handy. Thx, Tom
here you go

USDOLLAR D1:
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Don't be a hero. Don't have an ego. Always question yourself
  • #135,462
  • Jun 4, 2015 2:02pm Jun 4, 2015 2:02pm
Quoting USD-Bear
{quote} here you go USDOLLAR D1: {image}
Thanks a lot man. Though I was hoping PA closed below that dotted line . Now the entry aint looking as good as a while ago, as Oil aint bouncing as I have thought...so could continue move down. Also UJ running for retest. Gotta watch charts.
Thx, T
"I know one thing, that I know nothing." Sokrates
  • #135,463
  • Jun 4, 2015 2:13pm Jun 4, 2015 2:13pm
I'll come back to invigorate the thread don't worry!
rat
  • #135,464
  • Jun 4, 2015 2:41pm Jun 4, 2015 2:41pm
Quoting Tom_D_Trader
{quote} Thanks a lot man. Though I was hoping PA closed below that dotted line . Now the entry aint looking as good as a while ago, as Oil aint bouncing as I have thought...so could continue move down. Also UJ running for retest. Gotta watch charts. Thx, T
been trading long USD (short EU) betting on USD support, but must say lately the levels are a bit difficult to play. atm the 12.150 region might (probably will) get me in long EU's
Don't be a hero. Don't have an ego. Always question yourself
  • #135,465
  • Jun 4, 2015 3:06pm Jun 4, 2015 3:06pm
Quoting USD-Bear
{quote} been trading long USD (short EU) betting on USD support, but must say lately the levels are a bit difficult to play. atm the 12.150 region might (probably will) get me in long EU's
Well I have deleveraged yesterday pre data, since than flat (was scalping a bit and lost 100 bucks actually). Am long term pretty much bullish on EU..now running for breaking tops up to 1,158. Below supports 1,121 (firsts level of stops 1,12095..may twink 85).. Below perf entry 1,114 with stops 1,103... But we may not go there . Dunno, am fow focusing SaP, Gold and Oil to catch USD bear early. Oil and SaP +- on Support but with momentum down and Gold already bouncing from low of range (bought it). So the move could be starting, and should EU break 1,136 (partials) think we are going up up.

edit: Yeh, and while writing SaP already moving up.. now just the rest of charts
"I know one thing, that I know nothing." Sokrates
  • #135,466
  • Jun 4, 2015 8:01pm Jun 4, 2015 8:01pm
Quoting build11
{quote} Hope your wrong my friend . Although sissa was a big part of this thread, there are some great traders here . Quality fa and ta analysis and discussions . Just spent 1hr at the e/u thread and wound up with a headache wading thru all the bs. Maybe the regulars here wont put up with it and keep hanging around . regards
Yeah hope you are right.
  • #135,467
  • Jun 5, 2015 6:45am Jun 5, 2015 6:45am
Maybe we should give something to her/him and not always just ask.
Than s/he might see some reason to come back sometimes.
Sisse was the body and we were the leeches. Can be frustrating in my opinion.

Well let's get back to the board:

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Attached Image (click to enlarge)
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As usual, time will tell.
f(z)=z2+c
  • #135,468
  • Jun 5, 2015 8:04am Jun 5, 2015 8:04am
Hot damn, blew thru 3 of my s/d levels like they werent even there .
If we can get a 50% retracement , might try a little short there . 1.1175
regards
Peace
  • #135,469
  • Jun 5, 2015 8:26am Jun 5, 2015 8:26am
It looks like a perfect retest of the 1.08195-1.13798 move.
The move was stopped (temporary?) by the 1.10400-700 levels, which was the target of AB=CD from the bottom, but price moved over like it was never there. Should act as support.
People are happy to add to their shorts and already feel the profit in their pocket.
Are they right?
f(z)=z2+c
  • #135,470
  • Jun 5, 2015 8:27am Jun 5, 2015 8:27am
Quoting USD-Bear
{quote} been trading long USD (short EU) betting on USD support, but must say lately the levels are a bit difficult to play. atm the 12.150 region might (probably will) get me in long EU's
on its way....
USDOLLAR D1:
Attached Image (click to enlarge)
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Don't be a hero. Don't have an ego. Always question yourself
  • #135,471
  • Edited 9:14am Jun 5, 2015 8:45am | Edited 9:14am
FF Positions Out of Service...
I can imagine how PC's mouse buttons are glowing due to heavy pushing/clicking.

By the way finished AB=CD from top.
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f(z)=z2+c
  • #135,472
  • Jun 5, 2015 9:17am Jun 5, 2015 9:17am
M30 - 3 push....should have see this, but was greedy:
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f(z)=z2+c
  • #135,473
  • Jun 5, 2015 9:41am Jun 5, 2015 9:41am
Near the end of my trading day so no trade. I will not hold a trade thru the weekend .
Everyone have a great weekend !!
Peace
  • #135,474
  • Jun 5, 2015 10:36am Jun 5, 2015 10:36am
Quoting hathor
It looks like a perfect retest of the 1.08195-1.13798 move. The move was stopped (temporary?) by the 1.10400-700 levels, which was the target of AB=CD from the bottom, but price moved over like it was never there. Should act as support. People are happy to add to their shorts and already feel the profit in their pocket. Are they right?
Well, I still have this one (posted here http://www.forexfactory.com/showthre...96#post8300096). Price overshot my conjectured 'c' ( I think because of the rout in bunds and the rumor of a Greek deal, but I still think that was the target because that's where it sold off again after the over shoot.)

That would still make the D target and the fib target at about the bottom weekly trendline, which makes more sense to me. The bears want that, and it makes more sense to me that the bulls would rather start an attempt to take out 1465 from down there than right up by a monthy and weekly trendline. If this area (the wide range we are in now) is the start of a major swing up (for example if the Fed postpones rate hikes again into 2016), it just seems to me like bulls haven't had enough opportunity to load up at the lows yet, which makes me think they wouldn't mind going back down there once more as long as the bottom trendline doesn't get broken with a higher tf close. Green trendlines are weekly, brown ones are monthly.
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  • #135,475
  • Jun 8, 2015 1:53am Jun 8, 2015 1:53am
Quoting sisse
FF becoming unberable again. Too many spammers and trolls rolling free again.... Sisse is having enough and getting ready for a extended leave... I am slowly withdrawing from posting intraday& market related info and I will only follow up on the pending open conversations on the major upcoming hike/fed and with the REAL honest traders via pm. GL all trading the major movers and shakers coming with the ECB / NFP / FED combo. sisse PS: .... For those multiple usernames and fake cheerleders, feel free to keep spaming/scamming ...the floor is all yours....
Sisse don't go!!!!!!
I am done with my exams. Now back to the market. Good luck to all!!
  • #135,476
  • Jun 8, 2015 7:55am Jun 8, 2015 7:55am
Quoting hathor
M30 - 3 push....should have see this, but was greedy: {image}
2nd of June and Today's structure match:
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f(z)=z2+c
  • #135,477
  • Jun 8, 2015 12:36pm Jun 8, 2015 12:36pm
Quoting hathor
It looks like a perfect retest of the 1.08195-1.13798 move. The move was stopped (temporary?) by the 1.10400-700 levels, which was the target of AB=CD from the bottom, but price moved over like it was never there. Should act as support. People are happy to add to their shorts and already feel the profit in their pocket. Are they right?
Edit:
"perfect RETRACE of the 1.08195-1.13798 move"
f(z)=z2+c
  • #135,478
  • Jun 8, 2015 8:43pm Jun 8, 2015 8:43pm
this thread is very informative. I have learn a lot about the emotional aspect of traders rather than their insights about forex. I believe sisse has had a terrible setback in his trade as he hoped for eurusa to go up to 1.4xx hence bowed out totally. eurusa will be hovering around 1.4xxx this week as a fair value while awaiting for interest rates news and knee jerk reaction pertaining greece.

Trade well and keep your emotion healthy by not blaming about others.
  • #135,479
  • Jun 9, 2015 7:42am Jun 9, 2015 7:42am
Quoting hathor
{quote} Edit: "perfect RETRACE of the 1.08195-1.13798 move"
GM hathor
I know you like the ab=cd patterns so thought I would post this
I have 3 different cd legs terminating at 1.122x level which is also a s/d level for me
With the right pa might have to try a long there Sorry no chart , I don't use mt
regards

ps 15 min and 5 min tf
Peace
  • #135,480
  • Jun 9, 2015 8:05am Jun 9, 2015 8:05am
Quoting build11
{quote} GM hathor I know you like the ab=cd patterns so thought I would post this I have 3 different cd legs terminating at 1.122x level which is also a s/d level for me With the right pa might have to try a long there Sorry no chart , I don't use mt regards ps 15 min and 5 min tf
Hit my level , Got the bounce but didn't like pa there. lets see if we can get a retest
Peace
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