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The Really Useless Thread

  • #151,101
  • May 10, 2017 12:50pm May 10, 2017 12:50pm
Quoting gatorinla
{quote} week .. it's going to one or the other.. i will post a little one next. the little one has a dt atm. so i am using it as the R. .. i was using it and the exhaustion to figure if it could drop. before b4 129 rise. if it turned out to be a dt... then the 400 pip drop isn't far off. {image}
i was using this little one to help set me up..
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those who can, do. those who cant, talk about those who can
  • #151,102
  • May 10, 2017 12:59pm May 10, 2017 12:59pm
Very decent day across the board with highlights coming form Oil as widely expected since Monday. All markets on track so not much to see or update. On the FX board, Sterling* will be in control from the roll till the BOE.

On the rest of the board all markers in synch. Only non market related news coming from the US political side. Scary and still surprising news giving that we they are coming from the US, the US keep moving and looking closer by the day to a third world banana republic dictatorship.

Never thought I will say or see this but DT has more things in common with Chaves/Maduro in Venezuela than with a real US Republican Leader...

As they said, if you keep playing with fire ....you will get burnt sooner or later....nothing market moving but rather another nail in the coffin of confidence for the MT and LT.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #151,103
  • May 10, 2017 1:02pm May 10, 2017 1:02pm
Quoting USD-Bear
{quote} timing sucks lately, will admit defeat @ 7400
I plan to have a limit sell at 7444.
  • #151,104
  • May 10, 2017 1:11pm May 10, 2017 1:11pm
Quoting gatorinla
{quote} i was using this little one to help set me up.. {image}
Gator, what does bears need b4 111.12 in UJ. Any thoughts?. Hopefully a tweet but more logically..☺
  • #151,105
  • May 10, 2017 1:20pm May 10, 2017 1:20pm
Quoting Fadhl
{quote} I plan to have a limit sell at 7444.
near ATH as argument?
Don't be a hero. Don't have an ego. Always question yourself
  • #151,106
  • Edited 1:51pm May 10, 2017 1:27pm | Edited 1:51pm
Quoting gatorinla
{quote} tp hit.. 1/2 profit risked, being used for short now..
Gator!!!! What a beauty You are a wizard ty. Shorted at 124.170 . Hopefully bulls stop right here
It's always part of a bigger plan
  • #151,107
  • May 10, 2017 1:31pm May 10, 2017 1:31pm
Quoting USD-Bear
{quote} near ATH as argument?
Yeah! Also, it meets the top of my fork tool and inline with Sisse advice (i.e., shift from sterling to equities because of inflation).
Would be a surprise if BOE raises interest tomorrow or gives a strong sign for a near future? Tomorrow I doubt because of election.
  • #151,108
  • May 10, 2017 1:36pm May 10, 2017 1:36pm
Quoting sisse
Very decent day across the board with highlights coming form Oil as widely expected since Monday. All markets on track so not much to see or update. On the FX board, Sterling* will be in control from the roll till the BOE. On the rest of the board all markers in synch. Only non market related news coming from the US political side. Scary and still surprising news giving that we they are coming from the US, the US keep moving and looking closer by the day to a third world banana republic dictatorship. Never thought I will say or see this but DT has...
I guess the one part of yesterday's news that is market related is the possibility that investigations move out of congressional committee as a result. This would free up an otherwise backed up congressional docket to move into taxes and budget perhaps. These guys don't work very much so anything thats cleared from their sporatic ADD workspace expediates everything else. Otherwise a market yawn.
  • #151,109
  • May 10, 2017 2:08pm May 10, 2017 2:08pm
Do you have a ST map of oil that you can post when you get a chance please? With the news of OPEC extending the cut into next year i am seeing it creeping up to 53 level in the next month or so???

Quoting sisse
Very decent day across the board with highlights coming form Oil as widely expected since Monday. All markets on track so not much to see or update. On the FX board, Sterling* will be in control from the roll till the BOE. On the rest of the board all markers in synch. Only non market related news coming from the US political side. Scary and still surprising news giving that we they are coming from the US, the US keep moving and looking closer by the day to a third world banana republic dictatorship. Never thought I will say or see this but DT has...
  • #151,110
  • May 10, 2017 2:26pm May 10, 2017 2:26pm
Quoting sisse
Very decent day across the board with highlights coming form Oil as widely expected since Monday. All markets on track so not much to see or update. On the FX board, Sterling* will be in control from the roll till the BOE. On the rest of the board all markers in synch. Only non market related news coming from the US political side. Scary and still surprising news giving that we they are coming from the US, the US keep moving and looking closer by the day to a third world banana republic dictatorship. Never thought I will say or see this but DT has...
Chavez/Maduro?? Really?
  • #151,111
  • May 10, 2017 2:49pm May 10, 2017 2:49pm
Quoting Rainman22
{quote} Chavez/Maduro?? Really?
Yes I do see similarities myself......
What the hell is the guy on top of the truck intending on doing?
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used to be undecided but nowadays can't make my mind up
  • #151,112
  • May 10, 2017 2:57pm May 10, 2017 2:57pm
Meanwhile in the UK, we do things on a much smaller scale
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used to be undecided but nowadays can't make my mind up
  • #151,113
  • May 10, 2017 3:31pm May 10, 2017 3:31pm
Quoting sisse
Very decent day across the board with highlights coming form Oil as widely expected since Monday. All markets on track so not much to see or update. On the FX board, Sterling* will be in control from the roll till the BOE. sisse
Sisse, what action /direction do you expect from BOE point of view with regard to GU?
  • #151,114
  • Edited 4:10pm May 10, 2017 3:35pm | Edited 4:10pm
Still no break or low close on this daily island at 1.0865.
  • #151,115
  • May 10, 2017 3:52pm May 10, 2017 3:52pm
Quoting gatorinla
{quote} i was using this little one to help set me up.. {image}
Thanks
are you willing to risk 40 pips here with SL at the top at 124.53?
  • #151,116
  • May 10, 2017 4:04pm May 10, 2017 4:04pm
some eu R 0895 probable. strength unknown atm.. thinking 0877/78 will be tested.. st.. but i can't forget it missed 1.1115 or 1.1316.. still waiting on usdx 101.52. playing small setups between.. still ready to s eu 1.1115/1.1316 or higher.. and still waiting to long it at or above usdx 101.52... 0895 could be important either side.. L and NY did close below today.. but the week was above...
those who can, do. those who cant, talk about those who can
  • #151,117
  • May 10, 2017 4:21pm May 10, 2017 4:21pm
...and we are rolling with a slightly bullish daily close in the Euro but nothing out of the ordinary across the board. Not much to see or do till the BOE with same levels, same trades, same all...

sisse

Quoting Rainman22
{quote} Chavez/Maduro?? Really?
You are right Erdogan in Turkey looks closer ...Supreme Court, FBI, next is hijacking the FED, who is next ...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #151,118
  • May 10, 2017 5:27pm May 10, 2017 5:27pm
Quoting gatorinla
some eu R 0895 probable. strength unknown atm.. thinking 0877/78 will be tested.. st.. but i can't forget it missed 1.1115 or 1.1316.. still waiting on usdx 101.52. playing small setups between.. still ready to s eu 1.1115/1.1316 or higher.. and still waiting to long it at or above usdx 101.52... 0895 could be important either side.. L and NY did close below today.. but the week was above...
Have you kept your eurjpy short?
It's always part of a bigger plan
  • #151,119
  • May 10, 2017 6:14pm May 10, 2017 6:14pm
Quoting Mickster
{quote} Have you kept your eurjpy short?
yeah but will close if that dt is broken.. i will add below dt a little..124.53, i am not biased yet. i am just playing for the reward of 400. atm it just a higher risk trade versus a decent reward. near 124.53, but below is the better r/r. but it's still a higher risk. but risking 5 or less for 400 can be rewarding. much better than it was at 100 earlier today
those who can, do. those who cant, talk about those who can
  • #151,120
  • May 10, 2017 6:17pm May 10, 2017 6:17pm
Quoting jaxx80
{quote} Thanks are you willing to risk 40 pips here with SL at the top at 124.53?
i did already.. but i have a much smaller trade than i would of had at 124.50. (risking 40 pips to me is the same as risking 5 pips as for as a loss goes $ wise).. i keep risk mostly the same %. my risk on most trades is always equal. the reward goes up with a larger move. i say mostly because sometimes i risk less usually 1/4 to 2%. depending on confidence at the particular time. if i scalp a trade to an entry to the opposite direction.. i many times add a larger trade using the scalp profit to risk a larger trade.
those who can, do. those who cant, talk about those who can
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