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The Really Useless Thread

  • #1,321
  • Aug 23, 2011 9:53am Aug 23, 2011 9:53am
Quoting cloggie
Wait for a confirmed pattern to form here and trade either the range while it is being taken out or wait for the breakout. Don't go making the noobie mistake of trying to get in after a 100+ pip runner.
Range trading is my specialty. I have a hard time holding onto a trade past a level.

Generally it goes sell the top, buy the bottom, close the bottom. If close below bottom, sell on retest or bounce. I have no problem reentering a trade, so to speak if it wants to continue.
  • #1,322
  • Aug 23, 2011 9:54am Aug 23, 2011 9:54am
Quoting cloggie

Right now we are trying to form something from 75-02-ish, let it form, rarely do we get a "wet cat bounce of an electric fence" reversal.

Have a plan and trade the plan.
Agree. looking for the same. TA faith look sealed for the euro in intraday charts and daily is only a matter of breaking the monthly roll.

BTW, Cloggie, Greece triggering debt momentum in no time (CDS, Spreads, 10, 5 and 2Yr) in default mode. Nothing new on that front but enough to trigger the much needed FA momentum down before the FED soup opera later.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #1,323
  • Aug 23, 2011 9:56am Aug 23, 2011 9:56am
Quoting attila
took a muppet short to 93.
outty
  • #1,324
  • Aug 23, 2011 9:56am Aug 23, 2011 9:56am
Quoting darimik
yeah.. look at this,

then I filtered out some numbers. seems like a good start.. I need your help a bit on the manipulation of the data.
Let's talk by PM. This thread is staying so cleanly trading oriented that I'd hate to fill it up with analytic discussion, however interesting or important, particularly if there are charts involved.

Probably this afternoon.
  • #1,325
  • Aug 23, 2011 9:57am Aug 23, 2011 9:57am
Quoting attila
outty
Along with, although looking for 4385.
  • #1,326
  • Aug 23, 2011 9:57am Aug 23, 2011 9:57am
Quoting OldQuant
Let's talk by PM. This thread is staying so cleanly trading oriented that I'd hate to fill it up with analytic discussion, however interesting or important, particularly if there are charts involved.

Probably this afternoon.
I think it is quite welcome, actually.
  • #1,327
  • Aug 23, 2011 9:58am Aug 23, 2011 9:58am
Quoting sisse
Agree. looking for the same. TA faith look sealed for the euro in intraday charts and daily is only a matter of breaking the monthly roll.

BTW, Cloggie, Greece triggering debt momentum in no time (CDS, Spreads, 10, 5 and 2Yr) in default mode. Nothing new on that front but enough to trigger the much needed FA momentum down before the FED soup opera later.

sisse

Greek 10 at 17.4 right now, the market will start paying attention again over 18
  • #1,328
  • Aug 23, 2011 10:03am Aug 23, 2011 10:03am
PTL.. still got your 4411 ?
  • #1,329
  • Aug 23, 2011 10:03am Aug 23, 2011 10:03am
still looking for 62, sold the hell out of the bounce against 15, stops now just above last hours high...
Attached Image (click to enlarge)
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Look Sharp/Trade Tight
  • #1,330
  • Aug 23, 2011 10:04am Aug 23, 2011 10:04am
Quoting cloggie
Greek 10 at 17.4 right now, the market will start paying attention again over 18
Sure but check CDS and spreads. 10 and 5 are already 30% up since august and they have been "trailing" (if you can say that) by a day the CDS the last few days.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #1,331
  • Aug 23, 2011 10:04am Aug 23, 2011 10:04am
Quoting Venice
I think it is quite welcome, actually.
Fair enough, V, but probably still a later afternoon/early evening alternative to, say, videos, when everyone is bored.

BTW, not to badmouth, but yesterday the E/U thread hit a new interim low: videos of some Romanian (I think) pop star, followed by a cat video. Looks increasingly like rattyo is becoming the driving force on the thread now.

Are stalwarts like Magix and Mr. Hatch still posting as per normal? And where is gator?
  • #1,332
  • Aug 23, 2011 10:05am Aug 23, 2011 10:05am
Quoting darimik
PTL.. still got your 4411 ?
yea, and I added, buy 85 is a bastard..
Look Sharp/Trade Tight
  • #1,333
  • Aug 23, 2011 10:06am Aug 23, 2011 10:06am
It's still working on 90, or cloggie's 02. I favor longs above, but I'm not in yet.
  • #1,334
  • Aug 23, 2011 10:06am Aug 23, 2011 10:06am
Quoting OldQuant
Fair enough, V, but probably still a later afternoon/early evening alternative to, say, videos, when everyone is bored.

BTW, not to badmouth, but yesterday the E/U thread hit a new interim low: videos of some Romanian (I think) pop star, followed by a cat video. Looks increasingly like rattyo is becoming the driving force on the thread now.

Are stalwarts like Magix and Mr. Hatch still posting as per normal? And where is gator?
the gator is on vaca...
Look Sharp/Trade Tight
  • #1,335
  • Aug 23, 2011 10:08am Aug 23, 2011 10:08am
Quoting OldQuant
Fair enough, V, but probably still a later afternoon/early evening alternative to, say, videos, when everyone is bored.

BTW, not to badmouth, but yesterday the E/U thread hit a new interim low: videos of some Romanian (I think) pop star, followed by a cat video. Looks increasingly like rattyo is becoming the driving force on the thread now.

Are stalwarts like Magix and Mr. Hatch still posting as per normal? And where is gator?
lol ....I saw it. Gator is probably getting ready for th bear market ....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #1,336
  • Aug 23, 2011 10:08am Aug 23, 2011 10:08am
Quoting attila
outty
that was a good one
  • #1,337
  • Aug 23, 2011 10:08am Aug 23, 2011 10:08am
Quoting OldQuant
Fair enough, V, but probably still a later afternoon/early evening alternative to, say, videos, when everyone is bored.

BTW, not to badmouth, but yesterday the E/U thread hit a new interim low: videos of some Romanian (I think) pop star, followed by a cat video. Looks increasingly like rattyo is becoming the driving force on the thread now.

Are stalwarts like Magix and Mr. Hatch still posting as per normal? And where is gator?
Gator is on vacation, and Magix generally doesn't show up until around Asia.

I would also agree that my poor brain became rather dumbfounded yesterday from lurking in the euro thread.

I have removed my subscription to all currency specific threads at this point in time. Between what you mentioned, and the Russian guy who was trading a million dollar account of other peoples money, leveraging at 50+ lots for a 25 pip target... pretty sure that was the last straw for me... lol
  • #1,338
  • Aug 23, 2011 10:08am Aug 23, 2011 10:08am
Quoting PayTheLimit
the gator is on vaca...
I wonder if gator will stay there or come over. My bet is he'll stay there, through good and bad...
  • #1,339
  • Aug 23, 2011 10:09am Aug 23, 2011 10:09am
that bastard 85 is also the close of the big down bar..hate you 85..
Attached Image (click to enlarge)
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Look Sharp/Trade Tight
  • #1,340
  • Aug 23, 2011 10:10am Aug 23, 2011 10:10am
Quoting cloggie

Right now we are trying to form something from 75-02-ish, let it form.
Nothing new then.......
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