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The Really Useless Thread

  • #146,001
  • Dec 5, 2016 6:12pm Dec 5, 2016 6:12pm
Quoting Goldflake
Open challenge to all senior members here.. Euro bulls are very serious..should reach at least 1.09/1.0950. 1.05 and below is out of scope till fed. I'm aiming for 1.1030 in coming days.
Yeah we all got the numbers , if bulls as you assume are very serious , then I challenge you like this , bear is in full control unless we get a W/M close above 1.085x and if it does [not expected] , count me in as a perma bull till euro reaches 1.2xxx , yes you read it right ...thats +1200 pips in the other direction .

edit: I don't think that you have any idea about the folks around here to even challenge them .but that's me taking the flag from you if it is any chance to make you reconsider throwing such comments .
Get Rich or Die Tryin
  • #146,002
  • Dec 5, 2016 6:19pm Dec 5, 2016 6:19pm
Quoting hoom
{quote} Yeah we all got the numbers , if bulls as you assume are very serious , then I challenge you like this , bear is in full control unless we get a W/M close above 1.085x and if it does [not expected] , count me in as a perma bull till euro reaches 1.2xxx , yes you read it right ...thats +1200 pips in the other direction . edit: I don't think that you have any idea about the folks around here to even challenge them .but that's me taking the flag from you if it is any chance to make you reconsider throwing such comments .
let's talk after the fact..
When Scalpers win, I lose and Vice varsa...
  • #146,003
  • Dec 5, 2016 6:27pm Dec 5, 2016 6:27pm
Quoting Goldflake
Open challenge to all senior members here.. Euro bulls are very serious..should reach at least 1.09/1.0950. 1.05 and below is out of scope till fed. I'm aiming for 1.1030 in coming days.
I'm not a senior member (of anything thank christ) so its naturally way over my head why you would pick 1.0950 as your "at least" target
  • #146,004
  • Dec 5, 2016 6:32pm Dec 5, 2016 6:32pm
Quoting goosebone
{quote} I'm not a senior member (of anything thank christ) so its naturally way over my head why you would pick 1.0950 as your "at least" target
Because senior member predictions are going wrong here recently..

Don't ask me why this target etc.. it's just according to my strategy.
When Scalpers win, I lose and Vice varsa...
  • #146,005
  • Dec 5, 2016 6:34pm Dec 5, 2016 6:34pm
Quoting Goldflake
{quote} Because senior member predictions are going wrong here recently.. Don't ask me why this target etc.. it's just according to my strategy.
Not asking. Let's talk after the fact.
  • #146,006
  • Dec 5, 2016 6:46pm Dec 5, 2016 6:46pm
Quoting goosebone
{quote} Not asking. Let's talk after the fact.
Just a random lurker from the long buried EURUSD thread trageting Sisse as it appears. A simple look at his posts history explains it all .
and also he likes emoticones ...
Get Rich or Die Tryin
  • #146,007
  • Dec 5, 2016 8:08pm Dec 5, 2016 8:08pm
Quoting sisse
... In your opinion which of the following statements do you think have higher odds? Euro will be trading the 1.02xx handle for Dec FED; or Euro will be trading the 1.10xx handle for Dec FED sisse
...not easy to be right
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"If The Fool persists in his Folly he will become wise." - William Blake
  • #146,008
  • Dec 5, 2016 9:13pm Dec 5, 2016 9:13pm
Dec '15 FOMC was 12/16 - E/U ranged ~260 pips down from 12/14 to 12/17, $1.1060 to $1.080, and then ranged about $1.08-$1.09 for the next month+....will this season be any different?
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"If The Fool persists in his Folly he will become wise." - William Blake
  • #146,009
  • Dec 5, 2016 9:41pm Dec 5, 2016 9:41pm
I also have a short position I took yesterday in 160 pips loss.. I promise i put a stop loss but when i checked today evening it is not there and my position is in 160 pips loss. I have taken a long at the current level now after closing the loosing position because it's still acting very strong. I am not convinced yet the squeeze is over. please be careful with your shorts...

Quoting IMARICH1
I guess both. I can't understand how we had a 300 pip squeeze from the bulls even in a short term swing within the midterm swing. Doesn't make sense. How do you know squeeze is over? I don't. I have confidence in you but not in me and that's why I hate my trading FA. That's what makes me ignorant as I have no confidence it's over. NaTURAL Stop should be about 100 pips and I would have stil been stopped out. What makes you sure? I mean who is to say .076x isn't Bull territory for another run up of 200 pips to my infamous .097x? Very frustratiting...
  • #146,010
  • Dec 6, 2016 1:19am Dec 6, 2016 1:19am
Quoting Xxavier
I also have a short position I took yesterday in 160 pips loss.. I promise i put a stop loss but when i checked today evening it is not there and my position is in 160 pips loss. I have taken a long at the current level now after closing the loosing position because it's still acting very strong. I am not convinced yet the squeeze is over. please be careful with your shorts... {quote}
Nice gun, is it new? You got many bullets?
  • #146,011
  • Dec 6, 2016 2:10am Dec 6, 2016 2:10am
Quoting Goldflake
{quote} Because senior member predictions are going wrong here recently.. Don't ask me why this target etc.. it's just according to my strategy.
as long as Im here no senior member ever said they are always right. and honestly, your contribution of random lvls with argument "dont ask my why, its my strategy" is the most totally useless lvl of participation, which basically has a value that equalls to those random trolls, who once in a while appear here :*
  • #146,012
  • Dec 6, 2016 2:13am Dec 6, 2016 2:13am
http://www.forbes.com/sites/nathanva.../#57eee981459d

'If President-Elect Trump follows through on the policy he presented during the campaign as his agenda, such an economic and financial crash will arrive much much sooner."

i.e., like Black Monday, '87
"If The Fool persists in his Folly he will become wise." - William Blake
  • #146,013
  • Dec 6, 2016 2:16am Dec 6, 2016 2:16am
Quoting IMARICH1
Lol. Thanks Pharm0r. Just frustrated I lost a lot of gains thinking I had traded this well. No Christmas this yr for kids. Lol. Just kidding. I am thinking .0835 gets a look but prob shouldn't hold out for that. sisse said stops are naked. Meaning for the .0800 handle or below? And, I loved Guns and Roses. Made a lot of students mad in my dorm when I jammed out to it and Sweet Child of Mine!
Imarich look at it from this way: at least you had gains in the first place. That's already a big plus. Of course it's frustrating to lose them, but it's the path to growth that matters. Always look for the positive points - no one else will do it for you. Only by looking at the positives, you'll be able to balance the negative feelings of losing out from time to time (can't avoid that, ever). Only balanced feelings will allow you to grow. I bet in the beginning there were more losing positions than winning. By partaking in Sisse's challenges, you know how to identify quality trades with adequate risk/reward, you take it and you start getting things right. Doesn't mean you'll always be spot on with the entry / exit, but at least you rode the bus in the correct direction. You fell asleep on the bus and now ended up at your starting point... still no big deal, you didn't end up in another country!

Now gather your strength - you know you have it in you, you proved it to all of us. Get your sell / buy stops ready and let the price come to you (read alexander elder - ideal christmas gift "to self").
  • #146,014
  • Dec 6, 2016 2:27am Dec 6, 2016 2:27am
Quoting janpec1000
EU nearly completing flip target in single session, not unusual as its symetrical to current volatility. The laging one is GU, which has currently set path to break current highs in todays/tomorrow session (no larger macros to follow that view however). DE30 on watch list next few sessions for possible upward leg completion and opening of extended move.
GU highs cleared as expected altough nothing to show yet weak clearout, dollar likely to set another leg down on mid term.
  • #146,015
  • Dec 6, 2016 2:36am Dec 6, 2016 2:36am
Quoting The Fool
." i.e., like Black Monday, '87

high of the day for the VIX was 152.48 on monday, and 172.79 the following morning.....VXO actually, back then it was all about the OEX...
Look Sharp/Trade Tight
  • #146,016
  • Dec 6, 2016 4:07am Dec 6, 2016 4:07am
Quoting chester123
{quote} as long as Im here no senior member ever said they are always right. and honestly, your contribution of random lvls with argument "dont ask my why, its my strategy" is the most totally useless lvl of participation, which basically has a value that equalls to those random trolls, who once in a while appear here :*
people start speaking as if they are in some real useless thread without any clear explanation ... but they dont understand that the name of the thread is only uselss rest if some1 start reading around 1000 pages ... he/she will automatically gets embarrassed and was wrong .... throwing such an argument and pointing one of the best guy in the community is totally unethical in this industry .....

anyways back to trading loaded some bullets again yesterday ... hope we get clear break of the low of 2015 .... if i am right we will get it ....
Re-Incarnated
  • #146,017
  • Dec 6, 2016 4:39am Dec 6, 2016 4:39am
Quoting chester123
{quote} as long as Im here no senior member ever said they are always right. and honestly, your contribution of random lvls with argument "dont ask my why, its my strategy" is the most totally useless lvl of participation, which basically has a value that equalls to those random trolls, who once in a while appear here :*
I have a lot respect for you especially in this thread. Just posting why bulls and why random level...
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When Scalpers win, I lose and Vice varsa...
  • #146,018
  • Dec 6, 2016 4:55am Dec 6, 2016 4:55am
Quoting Goldflake
{quote} I have a lot respect for you especially in this thread. Just posting why bulls and why random level...{image}{image}
Very nice charts. So your view is that we will see these target levels (1,10/11) before FED?
  • #146,019
  • Dec 6, 2016 5:07am Dec 6, 2016 5:07am
This squeese is a long awaited retreacement for bulls. I have my strong doubts it will manange to take out the 1.082 - 1.085 handle that is just above the fib 61.8 last leg.
If it spike to the fib 50 retracement it will be ideal for bears to load up. No FA for this retracement just squeeze and it is a retracement for now Not a reversal.

It helps to zoom out a little bit sometimes to see where the levels are.
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Trading in the shadow of SM
  • #146,020
  • Dec 6, 2016 5:11am Dec 6, 2016 5:11am
Quoting Earleone
This squeese is a long awaited retreacement for bulls. I have my strong doubts it will manange to take out the 1.082 - 1.085 handle that is just above the fib 61.8 last leg. If it spike to the fib 50 retracement it will be ideal for bears to load up. No FA for this retracement just squeeze and it is a retracement for now Not a reversal. It helps to zoom out a little bit sometimes to see where the levels are. {image}
i really dont see any reason going to touch 1.08xxx range .......
Re-Incarnated
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