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The Really Useless Thread

  • #141,581
  • Jun 28, 2016 6:54pm Jun 28, 2016 6:54pm
sisse, the tp2 on neutral. Doesn't look right.
  • #141,582
  • Jun 28, 2016 7:51pm Jun 28, 2016 7:51pm
eurusd is here
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  • #141,583
  • Jun 28, 2016 9:02pm Jun 28, 2016 9:02pm
I'll take:

-> LMT SELL 1.108x -> TP1 => 1.098x | TP2 => 1.085x | | TP3 => 1.075x | STP => 1.118x | max r:r -=> (+)4:1*
  • #141,584
  • Edited 10:39pm Jun 28, 2016 9:45pm | Edited 10:39pm
sisse,

This is a tuff exercise as you are prompting us to take a position now? Why, not wait until the close for the WEEK? This is what I am waiting for. But, you are saying to take a position. Ufff...as you do.......

I am thinking NEUTRAL and SELL. We are in SELL OUTLOOK so a short from .117X is the BEST trade position but you give us .108X for Sell Uffff. The NEUTRAL shows price hovering at .08XX till noon at NFP. ???? Why, would it hover there? If it breaks, .097X its gonna go to .073X so Neutral cant work for me. But, its possible price will hover around .098X till the weekly close In Neutral call as this is what I am looking for but not thinking it will hover around .088X. However, SELL is not in the position I would be in. Sigh.....

I do know in SELL OUTLOOK you sell from INSIDE OUT. We are inside....If we were in BUY or Neutral Outlook we would not be buying here!

I am looking at playing the panic card and since .108X is close to the inside and .106x is my FLIP, I will choose SELL -> LMT SELL 1.108x -> TP1 => 1.098x | TP2 => 1.085x | | TP3 => 1.075x | STP => 1.118x | max r:r -=> (+)4:1*

We are trending now....markets are stablizing and aligning so this intermediate stop and is allowing Longs to unload and for the trend to continue.

Put me in at a SELL
  • #141,585
  • Jun 28, 2016 11:11pm Jun 28, 2016 11:11pm
Quoting IMARICH1
sisse, This is a tuff exercise as you are prompting us to take a position now? Why, not wait until the close for the WEEK? This is what I am waiting for. But, you are saying to take a position. Ufff...as you do....... I am thinking NEUTRAL and SELL. We are in SELL OUTLOOK so a short from .117X is the BEST trade position but you give us .108X for Sell Uffff. The NEUTRAL shows price hovering at .08XX till noon at NFP. ???? Why, would it hover there? If it breaks, .097X its gonna go to .073X so Neutral cant work for me. But, its possible price will...
Relax, it's just an exercise. Use it as an tool to add to your toolbox going forward. You always sound anxious. Sisse provides everything you need. Read into his language a little more deeper and you'll find the path.
  • #141,586
  • Jun 29, 2016 1:26am Jun 29, 2016 1:26am
Uff, too late. I'm still holding on to my sell outlook. After listening to all the people with 'power' and the internal discussions in my country, nobody wants to be first to drop the ball. This thing will go south fast because of all the indecisions.
  • #141,587
  • Jun 29, 2016 2:20am Jun 29, 2016 2:20am
EU BACKLASH: Brexit TSUNAMI expected as 34 referendums set to rock union

WOW - Naive, maybe - but also RIGHT. Heard a rumour today that the British Empire is accepting applications to join again LOL

http://www.express.co.uk/news/world/...ly-netherlands
  • #141,588
  • Jun 29, 2016 2:42am Jun 29, 2016 2:42am
If the table is still open I will bet on

-> No touch 1.118x / 1.098x (till W close)-> TP2 => No touch 1.1280 | 1.088x (till noon NFP) max r:r -=> (+)4:1*

  • #141,589
  • Jun 29, 2016 2:56am Jun 29, 2016 2:56am
Quoting IMARICH1
Vorex, Yes, it was a bad position and twice it retraced back to 1.400X and every time I felt it was going to break thru and did not. Learned more than you know on this. I was absolutely wrong to watch price go that far away from my position; but, I was leveraged fairly well. It doesn't excuse it being a bad trade, bad Risk Management and poor decision making. However, I did not see the BREMAIN sending GU much past 1.52XX as EXHAUSTION. OUTLOOK in GU in SHORT, MID and LONG TERM is SELL so this gave me the confidence to hold. Again, I am transparent...

When you shorted, GU was already going down for more than 3 weeks, it was approaching exhaustion so a better trade was to trade from outside to in (buy), the same with the Brexit when it reached 1.50x, it reached exhaustion level and a better trade is to trade from outside to in (sell).

It's always a good idea to wait for retrace before shorting, shorting at the bottom might work once or twice but in the long run it's not good r/r.
That's how I see it.
  • #141,590
  • Jun 29, 2016 3:36am Jun 29, 2016 3:36am
If the table is still open,

-> LMT BUY 1.108x -> TP1a and TP1b => 1.118x (double) | TP2 => 1.131x | TP3 => 1.141x | STP => 1.0980 | max r:r -=> (+)5:1*

  • #141,591
  • Edited 4:14pm Jun 29, 2016 3:48am | Edited 4:14pm
Table closing in a a few minutes. Last ticket available to jump in ...

sisse

IN

++++Currently Euro is trading 1.107x++++

""Knee jerk reaction or a trend change""


-> LMT BUY 1.108x -> TP1 => 1.118x | TP2 => 1.131x | TP3 => 1.141x | STP => 1.0980 | max r:r -=> (+)4:1*

manosk

suntan

Vorex


-> No touch 1.118x / 1.098x (till W close)-> TP2 => No touch 1.1280 | 1.088x (till noon NFP) max r:r -=> (+)4:1*

Fadhl

Pixie666

PipJet

Ghandi

glassblower


-> LMT SELL 1.108x -> TP1 => 1.098x | TP2 => 1.085x | | TP3 => 1.075x | STP => 1.118x | max r:r -=> (+)4:1*

PAStalker

pmmebids

Earleone

CommercialB

goosebone

chester123

Decima

Replicant

ptoftangency

IMARICH1

hoom

eborn

gazpacho

primejarvis



Pending conversations? PM for a chat...I am mainly in OTM now
  • #141,592
  • Jun 29, 2016 3:56am Jun 29, 2016 3:56am
LMT SELL 1.108x
  • #141,593
  • Jun 29, 2016 3:58am Jun 29, 2016 3:58am
Quoting sisse
Table closing in a a few minutes. Last ticket available to jump in ... sisse IN ++++Currently Euro is trading 1.107x++++ ""Knee jerk reaction or a trend change"" -> LMT BUY 1.108x -> TP1 => 1.118x | TP2 => 1.131x | TP3 => 1.141x | STP => 1.0980 | max r:r -=> (+)4:1* manosk suntan Vorex -> No touch 1.118x / 1.098x...
Sell please
Re-Incarnated
  • #141,594
  • Jun 29, 2016 4:04am Jun 29, 2016 4:04am
-> LMT SELL 1.108x
  • #141,595
  • Jun 29, 2016 4:04am Jun 29, 2016 4:04am
Short.
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  • #141,596
  • Edited 4:16pm Jun 29, 2016 4:05am | Edited 4:16pm
European opening morning completed. UK officially out for the first time in 40 years of a major meeting in Europe and things still rather gloomy and uncertainty with UK politicians fleecing each other in internal politics.

More importantly, 'Choose your poison time for those not already in or looking for entries in European Equities" Not much to see until talking heads shake the wires later from Brussels...until then nothing new with same levels, same trades, same all....

sisse

Thanks all GL all trading live. Table closed.

======Table Closed Iteration 14 ======

++++Currently Euro is trading 1.107x++++

"Knee jerk reaction or a trend change"


-> LMT BUY 1.108x -> TP1 => 1.118x | TP2 => 1.131x | TP3 => 1.141x | STP => 1.0980 | max r:r -=> (+)4:1*

manosk

suntan

Vorex (double TP1)


-> No touch 1.118x / 1.098x (till W close)-> TP2 => No touch 1.1280 | 1.088x (till noon NFP) max r:r -=> (+)4:1*

Fadhl

Pixie666

PipJet

Ghandi

glassblower


-> LMT SELL 1.108x -> TP1 => 1.098x | TP2 => 1.085x | | TP3 => 1.075x | STP => 1.118x | max r:r -=> (+)4:1*

PAStalker

pmmebids

Earleone

CommercialB

goosebone

chester123

Decima

Replicant

ptoftangency

IMARICH1

hoom

eborn

gazpacho

primejarvis

fxtrader18

realfan

Grinsakh

workingforex


Pending conversations? PM for a chat...I am mainly in OTM now
  • #141,597
  • Jun 29, 2016 4:11am Jun 29, 2016 4:11am
Quoting sisse
European opening morning completed. UK officially out for the first time in 40 years of a major meeting in Europe and things still rather gloomy and uncertainty with UK politicians fleecing each other in internal politics. More importantly, 'Choose your poison time for those not already in or looking for entries in European Equities" Not much to see until talking heads shake the wires later from Brussels...until then nothing new with same levels, same trades, same all.... sisse Thanks all GL all trading live. Table closed. ======Table Closed Iteration...
Where is your name? Now it's the time to write it.
  • #141,598
  • Jun 29, 2016 4:15am Jun 29, 2016 4:15am
im short
as picture shows, since yesterday morning, hope it will get me in=)
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  • #141,599
  • Jun 29, 2016 4:45am Jun 29, 2016 4:45am
Quoting sisse
Table closing in a a few minutes. Last ticket available to jump in ... sisse IN ++++Currently Euro is trading 1.107x++++ ""Knee jerk reaction or a trend change"" -> LMT BUY 1.108x -> TP1 => 1.118x | TP2 => 1.131x | TP3 => 1.141x | STP => 1.0980 | max r:r -=> (+)4:1* manosk suntan Vorex -> No touch 1.118x / 1.098x (till W close)-> TP2 => No touch 1.1280 | 1.088x (till noon NFP) max r:r -=> (+)4:1* Fadhl...
-> LMT SELL 1.108x -> TP1 => 1.098x | TP2 => 1.085x | | TP3 => 1.075x | STP => 1.118x | max r:r -=> (+)4:1*

Please
  • #141,600
  • Jun 29, 2016 6:41am Jun 29, 2016 6:41am
Quoting gammase1
{quote} I, too, felt ashamed watching Farage's sickingly gloating performance. I was happy that the tone of his campaign was so heavily criticised by Guy Verhofstadt. As we approach some serious negotiations with the remaining countries of the EU, it is imperative to limit ill-feeling and retain as much goodwill as is possible.
Was it you that posted this tool?

Currently says 95% chance of rate hike in July.....

http://www.cmegroup.com/trading/inte...n-to-fomc.html
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