The Really Useless Thread

5D.

5C

5C

5B. Direct Short 1.063x -> TP1 1.049x -> STP 1.068xx -> +/- R:R 1:3

Q5: Choose your poison time... 5 minutes left.

+++ Opening final extra iteration for the FED ++++

"Mirror and Shadows. Playing with the big boys"

5A. Direct Long 1.063x -> TP1 1.076x -> STP 1.058x -> +/-R:R 1:3

5B. Direct Short 1.063x -> TP1 1.049x -> STP 1.068xx -> +/- R:R 1:3

Rundoslav

goosebone

Pixie666

primejarvis

5C. ZigZag Long 1.063x -> TP1 1.076x -> STP 1.058x -> REVERSO 1.076x -> TP2 1.049x -> STP2 1.081x Min +/-R:R 1:6

gazpacho

Xemat

chronical

IMARICH1

mayafx

ptoftangency

priceaction1

5D. ZigZag Short 1.063x -> TP1 1.049x -> STP 1.069x -> REVERSO 1.049x -> TP2 1.07 -> STP2 1.044x Min +/-R:R 1:6

ashenv

Earleone

Grinsakh

Ouch, before the fact I choose

5D. ZigZag Short 1.063x -> TP1 1.049x -> STP 1.069x -> REVERSO 1.049x -> TP2 1.07 -> STP2 1.081x Min +/-R:R 1:6

Will play a little bit different live I think.

5D doesn't make sense to me. Is this correct? How do you reverse after going short and go even farther short?
EDIT: Mis-read the numbers on 5D. Makes sense but i am still going with 5C as OUTLOOK has NOT changed

I am playing a zig zag up and then down. 5c is the closest but not the right train of thought for me on how it is set up

5D

5b

I had 5C
seems you missed it

5B

5C

5C for me

THANKS ALL TABLE CLOSED.

Read and reread the title of the iteration ... GL all trading live...

+++ Opening final extra iteration for the FED ++++

"Mirror and Shadows. Playing with the big boys"

5A. Direct Long 1.063x -> TP1 1.076x -> STP 1.058x -> +/-R:R 1:3

5B. Direct Short 1.063x -> TP1 1.049x -> STP 1.068xx -> +/- R:R 1:3

Rundoslav

goosebone

Pixie666

primejarvis

5C. ZigZag Long 1.063x -> TP1 1.076x -> STP 1.058x -> REVERSO 1.076x -> TP2 1.049x -> STP2 1.081x Min +/-R:R 1:6

gazpacho

Xemat

chronical

IMARICH1

mayafx

ptoftangency

priceaction1

kayaker

nutts

5D. ZigZag Short 1.063x -> TP1 1.049x -> STP 1.069x -> REVERSO 1.049x -> TP2 1.07 -> STP2 1.044x Min +/-R:R 1:6

ashenv

Earleone

Grinsakh

I wish the zigzag didn't include a reverso as the chance to lose the bottom in a momentum play is there, but its the same trade as the direct with a +10 pip stop

So 5B for me in regards to the iteration.....this is in confluence with my other choice as well for a direct play

ppppssssstttttt plug me in boss

5b and i like the entry of 1.076xx on 5 c

missed by 1 min really
oh well

In my case it has to be 5D.

He he he ... Train left the station buddy ...

Now I can edit my post to be correct no matter the outcome

shit, guess I'll have to flag your post

Here we go for the FED.

Expecting inline with expectations in all fronts. Tracking extremely closely inflation data. Today we will mark the end of the FED initial normalisation process. Long overdue but we will be finally here.

Flow come in 3. Headline hike, macro numebrs and details.

All micro and short term levels RAISED for both the knee jerk reaction on the headline and the rest.

On the TA expecting 1.087x to be finally decided today one way or the other. Bulls come with the upper hand with plenty of air at these levels. Wide zigzag in play for 1.063x to the v. highs of the 1.08xx handle with a softer FED in inflation and outlooks triggering a quick leg in Dollar just below 100.xx to mark the low of the year. Anything else (overshoot and extreme hawkish not expected) is a one way non stop ticket to the moon in Dollar 105.xx and the respective exhaustion legs in the pairs.

For those still managing positions short is fill or kill on the headline and play the reverso. For those long nothing to see but clear all with new Fed outlooks.

GL aLL...we'll talk later with the outlook updates.

sisse