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The Really Useless Thread

  • #1,241
  • Aug 23, 2011 8:14am Aug 23, 2011 8:14am
Quoting sisse
No, not yet until later this week but stock market are inches from collapsing so that should be enough signal...

sisse
Of course. Cheap money to fuel the bubble, keep the sheeps happy. Damn...
  • #1,242
  • Aug 23, 2011 8:15am Aug 23, 2011 8:15am
Quoting sisse
No, not yet until later this week but stock market are inches from collapsing so that should be enough signal...

sisse

Hold on, all the startraders on the eu thread have been buying it all week because of QE3, you reckon they are all wrong? Can't be, I feel so deflated now, kind of like a lead balloon.....
  • #1,243
  • Aug 23, 2011 8:15am Aug 23, 2011 8:15am
Quoting attila
Yeah, it looks like a pie dropped on the pavement from the 11th floor. Can't stand NY either..
Yep..leave the mkt in NY and come back for Asia. Seems like I give back my profits once the mkt opens. Took me a while to grasp that though.lol Now I pretty much stick to it. And I rarely trade fridays. Sunday thru thurs is good for me.
  • #1,244
  • Aug 23, 2011 8:17am Aug 23, 2011 8:17am
Quoting cloggie
Hold on, all the startraders on the eu thread have been buying it all week because of QE3, you reckon they are all wrong? Can't be, I feel so deflated now, kind of like a lead balloon.....
lol... don't worry the majority there will change sides way too late and often to ride a FA move.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #1,245
  • Aug 23, 2011 8:24am Aug 23, 2011 8:24am
Quoting sisse
lol... don't worry the majority there will change sides way too late and often to ride a FA move.

sisse
one of the reasons traders fail.. up top there.. failure to react to information.

the thing is, even traders at top firms do that..
  • #1,246
  • Aug 23, 2011 8:25am Aug 23, 2011 8:25am
well the spike low and yesterdays high mofu being tested again, if the bulls lose it here, they might just shit themselves...
Look Sharp/Trade Tight
  • #1,247
  • Aug 23, 2011 8:25am Aug 23, 2011 8:25am
Look Sharp/Trade Tight
  • #1,248
  • Aug 23, 2011 8:27am Aug 23, 2011 8:27am
4415 is big according to this.. not necessarily big, but its risky..

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  • #1,249
  • Aug 23, 2011 8:27am Aug 23, 2011 8:27am
Quoting ukdaytrader
The 15m chart has some pretty heavy bullish HD and IF we are in retrace mode the 382 fibo sits at 48. The 50 @ 32 and the 618 @ 16.

I realise there's a bullish 4hr ABC pattern already in play, but that would be unaffected if we drop to 4316....
OK, got there. Closed shorts.
Now looking for a long......
  • #1,250
  • Aug 23, 2011 8:28am Aug 23, 2011 8:28am
Quoting cloggie
Mine is still only a feeler at 91, may add around 70 (below yesterdays 75) or so if we get there, then I am eyeballing 50-ish and 60-ish, gonna play it safe here for now.

Going to plan, up 60 pips.

Quoting cloggie
4402, if it gets that far.


Time for lunch, plan is coming together, orders in place.
Will we get there?
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  • #1,251
  • Aug 23, 2011 8:29am Aug 23, 2011 8:29am
Quoting darimik
4415 is big according to this.. not necessarily big, but its risky..

Attachment
mini can of worms area...
Attached Image (click to enlarge)
Click to Enlarge Name: chart3.gif Size: 15 KB
Look Sharp/Trade Tight
  • #1,252
  • Aug 23, 2011 8:30am Aug 23, 2011 8:30am
Quoting cloggie
Going to plan, up 60 pips.



Will we get there?
maybe....maybe not....Y im flat
  • #1,253
  • Aug 23, 2011 8:30am Aug 23, 2011 8:30am
Quoting PayTheLimit
mini can of worms area...
of course we prefer just a bit lower...
  • #1,254
  • Aug 23, 2011 8:31am Aug 23, 2011 8:31am
paid 16 on half of em..
Look Sharp/Trade Tight
  • #1,255
  • Aug 23, 2011 8:32am Aug 23, 2011 8:32am
One more dip, then i'll be a buyer...

Edit: In @ 13.
  • #1,256
  • Aug 23, 2011 8:32am Aug 23, 2011 8:32am
Quoting PayTheLimit
paid 16 on half of em..
you got any bigger chart ? I kinda want to check your levels with the excel chart.. it will be on the list of things to talk about
  • #1,257
  • Aug 23, 2011 8:33am Aug 23, 2011 8:33am
Quoting darimik
of course we prefer just a bit lower...
sure, on the hour, and it could turn into a house of cards, covered half though, just in case...4360 on the rest now...
Look Sharp/Trade Tight
  • #1,258
  • Aug 23, 2011 8:34am Aug 23, 2011 8:34am
hey cloggie... check ur account bro i think it might be up... i dunno
  • #1,259
  • Aug 23, 2011 8:34am Aug 23, 2011 8:34am
Quoting PayTheLimit
sure, on the hour, and it could turn into a house of cards, covered half though, just in case...4360 on the rest now...
4350... for the happy dance. really want to see a reaction there..
  • #1,260
  • Aug 23, 2011 8:34am Aug 23, 2011 8:34am
Quoting darimik
you got any bigger chart ? I kinda want to check your levels with the excel chart.. it will be on the list of things to talk about

which one you wanna see..

weekly, monthly, yearly, 2005?
Look Sharp/Trade Tight
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