The Really Useless Thread

BUY please. Guess that puts me on two sides at once between iterations though.

-> No touch (till M close) | 1.130x or 1.110x | max r:r -=> 3:1

-> LMT BUY 1.120x -> TP1 => 1.140x | STP => 1.115x | max r:r -=> 4:1

Second call .... where are the bears?

@Imairch1 SCALE IN = ADD/Reload/top-up to a WINNING POSITION

sisse

I would go with NO touch

Given the recent US data, which was inline, and the markets response (news flow leg only)has me in a quandary unless OIL is the DRIVER here. However, GDP data will be the main driver tomorrow. I need to wait to see how US session responds today and LONDON closes. Am I allowed to wait that long sisse?

And, just like chester, don't really know on this one! Here are my thoughts:

1. Scale in or scale out is the real question. I am already in a SHORT from .129X and TP hit at .123X and looking for TP2 at .109X. Why would I go counter my trade if OUTLOOK is SELL short term?

Doesn't scaling in or out mean moving my stop? Perhaps, I don't understand these terms well......

-----In SELL OUTLOOK you SELL from EXTREME and MIDDLE. We are in SHORT TERM OUTLOOK of SELL but MIDTERM OUTLOOK is still NEUTRAL

2. However, PRICE Has already moved 600 pips and possibly correction in play.

I am uncertain on this one...........will respond later..........

-> No touch (till M close) | 1.130x or 1.110x | max r:r -=> 3:1

selling at the lows is a big nope for most here even though an entry with a 1:4 rr has nothing to do with selling at these lvls and we have expectations to print a better GDP number .

I don't want to make comments about biases until we wrap up. Given the concerns and lack of sellers.

Let me 'sweeten' the pot with a fresh offer for selling:

-> LMT SELL 1.120x -> TP1 => 1.100x 1.095x | STP => 1.125x | max r:r -=> 5:1

++++Final CALL until the opening range is complete ... come on ...jump in !!!`++++++

sisse

-> LMT SELL 1.120x -> TP1 => 1.100x 1.095x | STP => 1.125x | max r:r -=> 5:1

Since I am already in a winning position and my original STOP is at .135X and knowing the OUTLOOK. I believe I would re-load here as .124X has shown to be strong R and with data today inline, it favors a better GDP # printing tomorrow.

I would rather SELL in the MIDDLE of this range from .161X to .112X around .135X; but, the level is not in play now. We are at the bottom of range; however, though a correction is normal there is more at at PLAY here with RMT on with FED and Smart Money not being trapped on wrong side. We saw how a weak NFP #'s didn't drive EU higher....just my thoughts.....

well i go for the short let see if it survive
regards

-> LMT SELL 1.120x -> TP1 => 1.100x 1.095x | STP => 1.125x | max r:r -=> 5:1

No touch for me - Neutral

sisse... ill bite... can't lurk forever lol.... put me in at short

actually took my short already before i replied but if you could throw me in if not too late since price moved a lil

Hello sissie,
I will go long please tp 1.1400

I'm scaling in as well! Going for the sell.

i will sell it again..

1st Call price @ 1.121x -> 4 Longs || 2nd Call price @ 1.120x -> 4 Neutrals || 3er Call price 1.119x - > 6 Sells ...coincidence or maybe some are getting too close to the charts ....

In any case ... GL all in the iteration and especially for those trading live !!!...updates, wrapping up, questions, etc later ....

++++ TABLE CLOSED ++++

-> LMT BUY 1.120x -> TP1 => 1.140x | STP => 1.115x | max r:r -=> 4:1

Pixie666

goosebone

workingforex

NMZee

-> No touch (till M close) | 1.130x or 1.110x | max r:r -=> 3:1

chester123

hoom

Vorex

eborn

-> LMT SELL 1.120x -> TP1 => 1.100x 1.095x | STP => 1.125x | max r:r -=> 5:1

IMARICH1

mayafx

k.k

roobii

ExForX

chronical

sisse

sisse,

You may think I am to close to my charts (maybe I am); but, your calls were prior to OPENING of NY session and I wanted to see how NY was going to respond. I would have preferred to wait until after the first 30 minutes to decide.

My choice was based on OUTLOOK and expectations. Since we are in SELL OUTLOOK Short term, I went with the path of least resistance though I was concerned of a pullback of this 600 pip move. Just some thoughts.....