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The Really Useless Thread

  • #157,481
  • Apr 3, 2019 7:30am Apr 3, 2019 7:30am
Quoting kenfen69
{quote} Nice chart in the post you quoted. Replicant has a good head on the shoulders. Interesting to see where he/she's at, a little over a month later now. Well quoted, goosebone. Knowledge to follow.
I'm surprised to see the reach over 2878.5. Overshoot of this level could be 291 like Replicant has on that chart as max pullback. I expected a turn at similar lines lower in and around 280. His 291 is the last AA here at 2917.50. It's crunch time now for mid term/ long term bears. Apologies for crappy mobile screenshot chart here. Might be hard to see.
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  • #157,482
  • Apr 3, 2019 7:33am Apr 3, 2019 7:33am
Quoting kenfen69
Knowledge to follow.
I mean from Replicant, when they break down where they're at now.

Damn sexy charts, Replicant!
  • #157,483
  • Apr 3, 2019 7:35am Apr 3, 2019 7:35am
I have been viewing that Week chart in this Wyckoff frame of reference. With price now at last point(s) of supply reaching high to resistance lines. It only makes sense if you believe we are in a massive distribution range. To break through here and to all time highs sends that theory the way of the buffalo.
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  • #157,484
  • Apr 3, 2019 7:40am Apr 3, 2019 7:40am
Quoting kenfen69
{quote} I mean from Replicant, when they break down where they're at now. Damn sexy charts, Replicant!
I heard he makes a mean buche de noel too.
  • #157,485
  • Apr 3, 2019 10:55pm Apr 3, 2019 10:55pm
Quoting kenfen69
{quote} I actually just drink it black now, unless I'm somewhere I have a bit of time. Found this quick... not sure has she greeted you before? Anyway... Coffee? {image} Say... seen jonathon? Wolf? Hatches? Kill? Archie? <--- he must be an Amazon millionaire by now.

I'd love a cup brother, with a little crème, I cut the sugar out a while back.....

Nope, haven't seen anyone from the old crew in a coons age, they all fell off the face of the earth....good times we used to have in here, that's for damn sure...
Look Sharp/Trade Tight
  • #157,486
  • Apr 3, 2019 11:10pm Apr 3, 2019 11:10pm
Quoting kenfen69
{quote} I can put you in touch, you beautiful creature. Been to Chi town at all? SUCH a great goddamn city!
Drop me a line...I'm here for a for an hour near/before Frankie opens, that's it, new summer schedule...look as some charts, put some trades on, or not...and I'm done with em….been pushing the less is more mantra for ever, starting to implement it more successfully with each attempt....
Look Sharp/Trade Tight
  • #157,487
  • Apr 5, 2019 11:01am Apr 5, 2019 11:01am
Quoting kenfen69
{quote} Keep reading them. Full education there. Try and track him down live. Watch his quarterly and annual ends. Frighteningly accurate.
Recently i found that's (2010 sisse's post) still not completely his Tech Anlys basic method.
wish me pips
  • #157,488
  • Apr 6, 2019 6:25pm Apr 6, 2019 6:25pm
Quoting Tiyok
{quote} Recently i found that's (2010 sisse's post) still not completely his Tech Anlys basic method.
A while ago I extracted some of Sisse's posts that I consider very educational and important to Google drive.

https://drive.google.com/drive/folde...kE3S05DdjRETW8

I consider Sisse a great analyst and teacher and really do miss him.
  • #157,489
  • Apr 7, 2019 2:23am Apr 7, 2019 2:23am
Quoting yg10
{quote} A while ago I extracted some of Sisse's posts that I consider very educational and important to Google drive. https://drive.google.com/drive/folde...kE3S05DdjRETW8 I consider Sisse a great analyst and teacher and really do miss him.
The gdrive file, it isn't yet his completely basic method. Try pm sisse or paolob for chatgroup invitation.
wish me pips
  • #157,490
  • Apr 9, 2019 2:54pm Apr 9, 2019 2:54pm
Quoting goosebone
{quote} I'm surprised to see the reach over 2878.5. Overshoot of this level could be 291 like Replicant has on that chart as max pullback.
2878.50 is still a thing.
Don't mean a swing if it ain't got that thing. (Doo wop)
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  • #157,491
  • Apr 12, 2019 7:35am Apr 12, 2019 7:35am
ES Crunchtime @Replicant. Incoming 2917.50.
  • #157,492
  • Edited 3:16pm Apr 12, 2019 7:53am | Edited 3:16pm
Quoting kenfen69
{quote} I can put you in touch, you beautiful creature. Been to Chi town at all? SUCH a great goddamn city!
Id heard a rumor you popped your head back above water glad you're well and kicking.

Looks like you found sisse and crew. Ill pop back in otm soon, have to get a new invite as my last email went kaput. If soemone would be so kind to shoot me a new one, the one on the site doesnt work.

Gator is here in "the swamp" thread. He's always been the most resilient forexfactory poster. Hes been looking for you.

Hatch is alive and well, doesnt come around these parts
  • #157,493
  • Apr 13, 2019 8:25am Apr 13, 2019 8:25am
Quoting goosebone
ES Crunchtime @Replicant. Incoming 2917.50.
Yup :-)

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Bulls managed to trigger the reversal up and cleared 286x and 291x. Reversal up has shifted ST range to the upside, with 279x the new flip and 262x the new ST bottom. I have nothing new for the MT.

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29xx probably going to make some headlines and dreams (3K).
Let's see how US stocks can handle US & WW slowdown at these levels with fed rates at 2.50%, US-China deal priced in but still not delivered and Trump eager to start new trade war with EU.

Loaded here (PUT 2800 September + CFD). 262x by late Q2 / Q3 looks very telegraphed to me. Let's see !
  • #157,494
  • Apr 13, 2019 10:17am Apr 13, 2019 10:17am
On a side note, USDJPY looks very well aligned with ES (risk on/risk off), nearing its MT top.
112.4x looks like the magic area in this TF (last broken SH + last break down point + fib 78.6)

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D1 leaves more margin though : bulls breaking up 112.1x will unlock 112.9x/113.1x imo
But it might be only a wick in W1 then.

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  • #157,495
  • Apr 13, 2019 10:25am Apr 13, 2019 10:25am
on EURUSD I have nothing new
(except I have developped an allergy to any Brexit news)

Quoting Replicant
Map I have in EURUSD : 1.112x (ST Bottom) <== 1.118x <== 1.122x (intraday only) <== 1.128x (FA Level) <==> 1.131x (Flip) ==> 1.136x (intraday only) ==> 1.142x (ST Top) breaking up 1.151x unlocks as high 1.1650
Map was completely uncovered with last FED & ECB flows

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  • #157,496
  • Edited 11:10am Apr 13, 2019 10:33am | Edited 11:10am
Big picture in DXY is a no brainer. We might have some tremendous fun if ES crashes ahead of US presidential campaign. Some tremendous twitter account might heat, fighting the FED. There is still that 98.70 pending though.

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  • #157,497
  • Apr 13, 2019 10:36am Apr 13, 2019 10:36am
Quoting Replicant
{quote} Aggressive entry is a flop. Waiting for a rejection now. {image}
It's crunching time for CAC as well

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  • #157,498
  • Apr 13, 2019 10:54am Apr 13, 2019 10:54am
Last updates I have :

In TSLA

Quoting Replicant
{quote} and TSLA hammered on the resistance. It's at a support right now but looks soft, next ones I have are 274 (main bear target, PT expected) and 260/263 a strong bull support. {image}
263 cleared and completely uncovered as strong support

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and in MIL:JUVE

Quoting Replicant
{quote} JUVE managed to get through (against a surprisingly weak Atletico) Gap up was hammered though : price is capped by last october reversal down (all locked above 57.xx) Back to square one now (1.42xx) I still think their current economic model and outlook are poor and that they will struggle marketing wise {image}
Big big flop for my map

It looks like some hands think Juventus FC are going to win UCL (hmm hmm)

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Thanks for the kind words kenfen , I had arrived very late here, before OTM started, and then came back, so I didn't have the chance to know you. I am more in MT swings now, always happy to pop in your place from time to time :-). All the best !
  • #157,499
  • Apr 14, 2019 7:42am Apr 14, 2019 7:42am
Quoting Replicant
{quote} US-China deal priced in but still not delivered and Trump eager to start new trade war with EU.
I think this should be the next point of friction for sure. Autos, Agriculture peppered with a rehash of Trump v the Paris accord, all against the backdrop of Euro elections. Much spin to come. Only thing you can be sure of is that agreements won't be as quick or easy as many in Europe are hoping. Could only rattle a little, but if DT is true to form and displays his dealmaking "art", could get get hairier than that in terms of market reaction.
  • #157,500
  • Apr 15, 2019 6:02am Apr 15, 2019 6:02am
Quoting goosebone
{quote} I think this should be the next point of friction for sure. Autos, Agriculture peppered with a rehash of Trump v the Paris accord, all against the backdrop of Euro elections. Much spin to come. Only thing you can be sure of is that agreements won't be as quick or easy as many in Europe are hoping. Could only rattle a little, but if DT is true to form and displays his dealmaking "art", could get get hairier than that in terms of market reaction.
He sounds like he thinks last autumn sell-off and the slowdown are 100% monetary policy driven, and not at all related to his trade policy. It seems he didn't get the lesson, that makes him more likely to pull the trigger again (and current levels in ES might even encourage/mislead him).

Anyway I think it would be only a catalyst, we should not need that for the next leg down (growth peak behind, fiscal stimulus behind, rates at their highest).
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