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The Really Useless Thread

  • #2,121
  • Aug 24, 2011 5:20am Aug 24, 2011 5:20am
Quoting PayTheLimit
full house of bastards we have here...
Feels like something is going to implode. Possible?
  • #2,122
  • Aug 24, 2011 5:21am Aug 24, 2011 5:21am
Quoting ukdaytrader
Looking at 48, 22, then 14.



Topside may not be done, but expecting a test of 4525 is a tad presumptuous imo.

We'll know soon enough....
Was thinking its possible to dip to 42ish
  • #2,123
  • Aug 24, 2011 5:24am Aug 24, 2011 5:24am
[quote=kenfen69;4897240 Couple shorts on again here[/QUOTE]

Cool - 24hrs ago was the unwinding of LO bull run - same could happen again - if we crash through 450 I might join you on a pullback toward that level - would be good if the DP was there also but it aint , it's at 429 , ho hum
  • #2,124
  • Aug 24, 2011 5:25am Aug 24, 2011 5:25am
Quoting PipChick
Was thinking its possible to dip to 42ish
It's a long shot at this stage, but the 5m TF has the potential to form a bullish ABC pattern if we retrace some more. Would then give further ammunition for a test of the top.
There's an existing bearish RD which hasn't played out yet either. Eyeing 24-35 or thereabouts for a possible long..

No crystal ball, so let's see....
  • #2,125
  • Aug 24, 2011 5:26am Aug 24, 2011 5:26am
4578.8 is the 2010 high...
Look Sharp/Trade Tight
  • #2,126
  • Aug 24, 2011 5:27am Aug 24, 2011 5:27am
We got something in the making on the 5....


Not quite sure what it is but I think I have seen it before somewhere......
  • #2,127
  • Aug 24, 2011 5:29am Aug 24, 2011 5:29am
Quoting kenfen69
.
Attachment
the thing [parody] is, 4150 is not out of the wood, but the million question is "TIMING"


@pipchick, check your weekly gann

[Charts]
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 24-08-2011 8-26-13 PM.png Size: 129 KB
Click to Enlarge Name: 24-08-2011 8-25-15 PM.png Size: 158 KB
  • #2,128
  • Aug 24, 2011 5:29am Aug 24, 2011 5:29am
Quoting ukdaytrader
It's a long shot at this stage, but the 5m TF has the potential to form a bullish ABC pattern if we retrace some more. Would then give further ammunition for a test of the top.
There's an existing bearish RD which hasn't played out yet either. Eyeing 24-35 or thereabouts for a possible long..

No crystal ball, so let's see....
Makes perfect sense.
  • #2,129
  • Aug 24, 2011 5:30am Aug 24, 2011 5:30am
Quoting chazzle
Cool - 24hrs ago was the unwinding of LO bull run - same could happen again - if we crash through 450 I might join you on a pullback toward that level - would be good if the DP was there also but it aint , it's at 429 , ho hum
Definitely worth noting. Same things seem to be repeating a lot lately. Two days of shite German news...price spikes, quick south...shoots north. Even if the bastards want to go north...who doesn't like a pullback?
  • #2,130
  • Aug 24, 2011 5:31am Aug 24, 2011 5:31am
Quoting cloggie
We got something in the making on the 5....


Not quite sure what it is but I think I have seen it before somewhere......
hehehe
  • #2,131
  • Aug 24, 2011 5:31am Aug 24, 2011 5:31am
Quoting cloggie
We got something in the making on the 5....


Not quite sure what it is but I think I have seen it before somewhere......
exactly the same time as yesterday, just 20pips lower ?

  • #2,132
  • Aug 24, 2011 5:31am Aug 24, 2011 5:31am
Piters - You think the Gann will flip or hold.?
  • #2,133
  • Aug 24, 2011 5:34am Aug 24, 2011 5:34am
Closed my sucker short for +19.



5m bearish divergence also played out.

Now in wait and see mode. Further retrace to 35 or 24 or 13 or a concerted push to 45.
  • #2,134
  • Aug 24, 2011 5:42am Aug 24, 2011 5:42am
Quoting ukdaytrader
Piters - You think the Gann will flip or hold.?
at best we close at the line.. :d just for a fun..

but seriously mate..

no idea.. [honest].. Im just looking at the different harmonics.. and yes we are still in holiday range.. maybe we see some movement tomorrow, [apparently some options barriers are gone yesterday.. new are here, but range goes again from 4200-4600
  • #2,135
  • Aug 24, 2011 5:45am Aug 24, 2011 5:45am
Quoting Piters
at best we close at the line.. :d just for a fun..

but seriously mate..

no idea.. [honest].. Im just looking at the different harmonics.. and yes we are still in holiday range.. maybe we see some movement tomorrow, [apparently some options barriers are gone yesterday.. new are here, but seams the range goes again from 4200-4600
Thanks, I had read about a dnt from 42-46 and if that's true, it could be a slow/choppy month.
Great to see you involved in a thread.
  • #2,136
  • Aug 24, 2011 5:46am Aug 24, 2011 5:46am
Quoting ukdaytrader
...if that's true, it could be a slow/choppy month.
Not again!
  • #2,137
  • Aug 24, 2011 5:46am Aug 24, 2011 5:46am
Quoting ukdaytrader
Closed my sucker short for +19.



5m bearish divergence also played out.

Now in wait and see mode. Further retrace to 35 or 24 or 13 or a concerted push to 45.
m15 looks like its trying to form a bull flag.
  • #2,138
  • Aug 24, 2011 5:50am Aug 24, 2011 5:50am
Quoting PipChick
m15 looks like its trying to form a bull flag.
Yep. 25-30 would be a great trigger for a possible new long I think.
  • #2,139
  • Aug 24, 2011 5:57am Aug 24, 2011 5:57am
May not get any lower than 43 or 38.
A h1 close below 38 and I would be skiddish.
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  • #2,140
  • Aug 24, 2011 5:59am Aug 24, 2011 5:59am
any talk of 4480 barriers?
Look Sharp/Trade Tight
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