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The Really Useless Thread

  • #3,121
  • Aug 25, 2011 9:55am Aug 25, 2011 9:55am
Quoting cloggie
Finally 4342, did we actually break out of this shitty range here???

Ok got 4342 here. Let's see what she has in store for us now.
  • #3,122
  • Aug 25, 2011 9:56am Aug 25, 2011 9:56am
Quoting Venice
It's amazing watching this, is everyone just loading the fawking boat with shorts or what?? lol
capitulation, forced liquidation, i suspect...
  • #3,123
  • Aug 25, 2011 9:57am Aug 25, 2011 9:57am
Quoting needpips
Soon the pool of buyers will outstrip the sellers.....I think the whip back North is gonna be ferocious.....
Be careful, though. This spring was wound pretty tight for a lotta days.
  • #3,124
  • Aug 25, 2011 9:58am Aug 25, 2011 9:58am
Quoting needpips
Soon the pool of buyers will outstrip the sellers.....I think the whip back North is gonna be ferocious.....
watch out for sucker moves...
  • #3,125
  • Aug 25, 2011 9:58am Aug 25, 2011 9:58am
Quoting OldQuant
Be careful, though. This spring was wound pretty tight for a lotta days.
eyes wide open.....Im a simple dude....buyers sellers....thousands of years
  • #3,126
  • Aug 25, 2011 10:00am Aug 25, 2011 10:00am
Quoting FibbinArchie
capitulation, forced liquidation, i suspect...
Yeah, wonder if the same from that range we had been building over the last few days...

Clear the stops, let people jump back in then, squeeze 'em? heh... market is a cruel bastad at times.

My '56 level is still in play... could have been slip on the 4h (usually lends up to 20-30 pips).

But... I'm to to do anything right now. lol... '56 gives it back to 4417...

But, can't say things have been working out too perfect so far today.
  • #3,127
  • Aug 25, 2011 10:02am Aug 25, 2011 10:02am
Quoting Venice
Yeah, wonder if the same from that range we had been building over the last few days...

Clear the stops, let people jump back in then, squeeze 'em? heh... market is a cruel bastad at times.
nature of the beast..
  • #3,128
  • Aug 25, 2011 10:03am Aug 25, 2011 10:03am
Quoting Venice
Yeah, wonder if the same from that range we had been building over the last few days...

Clear the stops, let people jump back in then, squeeze 'em? heh... market is a cruel bastad at times.
She always tries to create maximum damage. Like a psycho mistress calling your home... LOL
  • #3,129
  • Aug 25, 2011 10:03am Aug 25, 2011 10:03am
Ok momentum is mixed lets see what is next
  • #3,130
  • Aug 25, 2011 10:04am Aug 25, 2011 10:04am
Don't get carried away. It has bounced off from this geenish line. Wait until it breaks it and remains below. Pa may reamin near this line for some time. This is a buying zone. But if bears beat this zone, it will be trend reversal.
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The Thief of Wall Street
  • #3,131
  • Aug 25, 2011 10:04am Aug 25, 2011 10:04am
Quoting attila
She always tries to create maximum damage. Like a psycho mistress calling your home... LOL
Worst part is, she makes US supply the whips and chains...
  • #3,132
  • Aug 25, 2011 10:04am Aug 25, 2011 10:04am
atr done, 20 pip pb so far..

edit: and 23.6 fr of down leg..
  • #3,133
  • Aug 25, 2011 10:05am Aug 25, 2011 10:05am
those jackasses close on the lip of my predictive box, would have rather closed below or above...still the hour closed below both yest/low/ and the weekly/mid...I'm sidelined right now, clueless..might look for a short against 72/75..well see..
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Look Sharp/Trade Tight
  • #3,134
  • Aug 25, 2011 10:06am Aug 25, 2011 10:06am
Quoting PayTheLimit
those jackasses close on the lip of my predictive box, would have rather closed below or above...still the hour closed below both yest/low/ and the weekly/mid...I'm sidelined right now, clueless..might look for a short against 72/75..well see..
Think I need to put in a personal day today and go home and drink myself into oblivion. lol.
  • #3,135
  • Aug 25, 2011 10:06am Aug 25, 2011 10:06am
Quoting Venice
Worst part is, she makes US supply the whips and chains...
LOL. true...
  • #3,136
  • Aug 25, 2011 10:06am Aug 25, 2011 10:06am
Quoting sisse
I hope not because I am not in ...lol...

Well is coming with force after the intraday break down and all intraday weekly buyers are gone below 1.435x so after just the last break out point in daily 1.429x (second test?) and beyond the daily support and low of the range.

sisse
Quoting Piters
yup, but I agree with you..

Daily IS bullish [on my charts], and if nothing changes [TA, FA] then another bullish daily cycle [possible breakout to the topside].

But first 4h and 1h retest and then we see.. if no major fin. quakes.. then I will probably buy this PB and wait on break 4600 level, however if daily changes during the PB.. then nothing.. simply business as usual..



yes.. im going to start looking for some long positions as soon I see where we close on daily..

closing below 4300 today, and im going to look for 4000 target.. but if closing above.. then i look for long setups..

[Daily Chart]
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  • #3,137
  • Aug 25, 2011 10:07am Aug 25, 2011 10:07am
Quoting Venice
Yeah, wonder if the same from that range we had been building over the last few days...

Clear the stops, let people jump back in then, squeeze 'em? heh... market is a cruel bastad at times.

My '56 level is still in play... could have been slip on the 4h (usually lends up to 20-30 pips).

But... I'm to to do anything right now. lol... '56 gives it back to 4417...

But, can't say things have been working out too perfect so far today.
Somebody posted earlier (Cloggie or Sisse, probably) that the Germans, at least, wouldn't mind moving the center down a couple handles. And if the equity markets finally accept they're not getting a bon bon from Uncle Ben, and the auction today sets another record low yield, the upside bias could get a lot weaker for a while.
  • #3,138
  • Aug 25, 2011 10:10am Aug 25, 2011 10:10am
Quoting PayTheLimit
those jackasses close on the lip of my predictive box, would have rather closed below or above...still the hour closed below both yest/low/ and the weekly/mid...I'm sidelined right now, clueless..might look for a short against 72/75..well see..
lol ...bastards I saw it. Well that level should have been tested on Monday or max Tuesday...at least that is my explanation for the noisy weekly range...GL bro, sidelined here especially after the ES made a "strange" detour out of my TA view ...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #3,139
  • Aug 25, 2011 10:10am Aug 25, 2011 10:10am
Good morning Homies and homelys, (you pick whichever term describes you best, this is just a random greeting)

Aight, so the story goes like this...

I fekkin slept in, and while I was deep into my slumber, seems like you bitches busted things a little...anyways, not to worry, I was completely sick of that monkey fighting range anyways, so will be watching for the BZ to get taking and load for the long road.

Maybe not today, maybe not even the morrow, butcha gotta know, when we get back here, it will be no holds barred. <-(I don't really know how this term applies, but it always sounds kewl when they say that on them wrestling shows)

I will affectionately, (perhaps a little over the top for terminology), call this line the Turn and Burn, cuz once we pounded threw that bitch it was free fall zone, leave your parachute at home!
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #3,140
  • Aug 25, 2011 10:11am Aug 25, 2011 10:11am
Quoting Venice
Yeah, wonder if the same from that range we had been building over the last few days...

Clear the stops, let people jump back in then, squeeze 'em? heh... market is a cruel bastad at times.

My '56 level is still in play... could have been slip on the 4h (usually lends up to 20-30 pips).

But... I'm to to do anything right now. lol... '56 gives it back to 4417...

But, can't say things have been working out too perfect so far today.
better to be a than a stuffed turkey, any buying is against strong momo...
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