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The Really Useless Thread

  • #135,541
  • Jun 16, 2015 5:17am Jun 16, 2015 5:17am
Quoting hathor
{quote} Maybe you are right... But that levels are the bears target and reaching that would make them win, but as far as I can see...market wants to trap/absorb as many short as it can...before The move.
I have bear target as 1.0882 (conservative) and 1.0656 (orthodox mofu).
  • #135,542
  • Jun 16, 2015 5:17am Jun 16, 2015 5:17am
Quoting MissPips
{quote} Maybe. (Greece is the wild card.) But it would be a damn shame to make a new high without collecting the stops below 1175-50 first
Hmm..the structure can help your idea.
Time (and rumors from Greece) will tell.
Attached Image (click to enlarge)
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f(z)=z2+c
  • #135,543
  • Jun 16, 2015 5:24am Jun 16, 2015 5:24am
Quoting MissPips
{quote} I have bear target as 1.0882 (conservative) and 1.0656 (orthodox mofu).
I like your targets Miss. Got 1,088 as weekly overshoot. Hoping no lower, as I would very possibly burn. But watching 1,145 weekly test first and should we break... 1,158+ 1,1755 overshoot. Then I drink whiskey for a month till we correct to 1,1 min.
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"I know one thing, that I know nothing." Sokrates
  • #135,544
  • Jun 16, 2015 5:34am Jun 16, 2015 5:34am
Quoting MissPips
{quote} I have bear target as1.0882 (conservative) and 1.0656 (orthodox mofu).
March - EurUsd - H4 - Triangle fail:
Attached Image (click to enlarge)
Click to Enlarge Name: 2015_03_EurUsd_H4.png Size: 23 KB


June -EurUsd - H4 - Happens again?
Attached Image (click to enlarge)
Click to Enlarge Name: 2015_06_EurUsd_H4.png Size: 29 KB
f(z)=z2+c
  • #135,545
  • Jun 16, 2015 5:38am Jun 16, 2015 5:38am
Quoting MissPips
{quote} I have bear target as 1.0882 (conservative) and 1.0656 (orthodox mofu).
Remember?

Quoting hathor
{quote} ...was ruminating about the third test of that trendline and i realized both of our view can be valid, its just the matter of time if you know what i mean. Edit: At about 2015.06.14-16. the ascending trendline will rise above the 2015.04.21/31. double bottom (1.06660 - Lucifer )
f(z)=z2+c
  • #135,546
  • Edited 6:13am Jun 16, 2015 6:02am | Edited 6:13am
Quoting hathor
{quote} Remember? {quote}
Sure do Have this now for weekly, hourly
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  • #135,547
  • Jun 16, 2015 7:02am Jun 16, 2015 7:02am
Quoting MissPips
{quote} Sure do Have this now for weekly, hourly {image} {image}
H t/l broke. ST target should be 1200. 1205ish to be on safe side
  • #135,548
  • Jun 16, 2015 7:32am Jun 16, 2015 7:32am
Quoting MissPips
{quote} H t/l broke. ST target should be 1200. 1205ish to be on safe side
1.12050 to the pipette...
f(z)=z2+c
  • #135,549
  • Jun 16, 2015 7:35am Jun 16, 2015 7:35am
bears showed their hand for a LL in the hourly around 0400 est

Charts are at home, ill post once I get there

single candle mofu cross followed by the touch at the mid. 1281 still offers a short with only a few pip risk

I already pulled 3/4 of my shorts posted earlier this morning right before news.
  • #135,550
  • Jun 16, 2015 7:36am Jun 16, 2015 7:36am
Quoting hathor
{quote} 1.12050 to the pipette...
Thankyou Cloggie, whereever you are....
  • #135,551
  • Jun 16, 2015 7:43am Jun 16, 2015 7:43am
Quoting MissPips
{quote} Thankyou Cloggie, whereever you are....
Heard about a lot about Cloggie...such a big loss that giants are leaving the forum from time to time.

Edit:
I mean knowledge and not money.
f(z)=z2+c
  • #135,552
  • Jun 16, 2015 7:47am Jun 16, 2015 7:47am
Quoting hathor
{quote} Heard about a lot about Cloggie...such a big loss that giants are leaving the forum from time to time. Edit: I mean knowledge and not money.
Yeah, still a few good ones around though, luckily since most people aren't lucky enough to find personal mentors.
  • #135,553
  • Jun 16, 2015 7:54am Jun 16, 2015 7:54am
Meh. He was kind of an asshole.

One of the greats though
  • #135,554
  • Jun 16, 2015 7:55am Jun 16, 2015 7:55am
st bulls holding their norms, above 1213 atm
  • #135,555
  • Jun 16, 2015 7:56am Jun 16, 2015 7:56am
Quoting MissPips
{quote} Yeah, still a few good ones around though, luckily since most people aren't lucky enough to find personal mentors.
Exactly...I've been rejected several time (Mentor didn't have enough time/ or I didn't have enough money)...so had to do it my way.
If I had a mentor, than probably would do one mistake only once to learn from it...
Forex is the land of the wolves, and Homo homini Lupus est.
f(z)=z2+c
  • #135,556
  • Jun 16, 2015 7:57am Jun 16, 2015 7:57am
Quoting Pharm0r
bears showed their hand for a LL in the hourly around 0400 est Charts are at home, ill post once I get there single candle mofu cross followed by the touch at the mid. 1281 still offers a short with only a few pip risk I already pulled 3/4 of my shorts posted earlier this morning right before news.
Whats the target? I dont see 1281
  • #135,557
  • Jun 16, 2015 8:00am Jun 16, 2015 8:00am
Quoting OfWolfAndMan
{quote} Whats the target? I dont see 1281
Give me a few hours and I'll post the chart I have, its off one of the most recent legs- saw it this morning on the way out the door and took the trades. mid would be close to 1267
  • #135,558
  • Jun 16, 2015 8:20am Jun 16, 2015 8:20am
Quoting Pharm0r
Meh. He was kind of an asshole. One of the greats though
Underneath which he had a good heart. He devoted a lot of time to teaching people in this forum, even if some of
his methods were reminiscent of Professor Snape.
  • #135,559
  • Jun 16, 2015 8:23am Jun 16, 2015 8:23am
Quoting MissPips
{quote} Underneath which he had a good heart. He devoted a lot of time to teaching people in this forum, even if some of his methods were reminiscent of Professor Snape.
What a good analogy

I wouldn't mind if he came back.
  • #135,560
  • Edited 8:58am Jun 16, 2015 8:46am | Edited 8:58am
Quoting Tom_D_Trader
{quote} . Will reload if you eat em {image}
Burp. (The devil made me do it.)

Edit: (My advice: try to wait for below 1146 to do it. This pattern I referred earlier on the H1 and H4 charts is useful in determining what is NOT the last lower low or higher high, and most time it works.)
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