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The Really Useless Thread

  • #4,841
  • Aug 29, 2011 3:55pm Aug 29, 2011 3:55pm
Euro A+++++ SERVICE WILL BUY FROM AGAIN!
  • #4,842
  • Aug 29, 2011 4:00pm Aug 29, 2011 4:00pm
Hi All
What a ranging slow day and guess can't make nice ++
Let's Play 1 min chart
  • #4,843
  • Aug 29, 2011 4:48pm Aug 29, 2011 4:48pm
Quoting kenfen69
That's what she said, mate...that's what she said.

You well, brother? Whats the power restoration status?
no power still brother. dumping all the food. what a waste....
  • #4,844
  • Aug 29, 2011 5:13pm Aug 29, 2011 5:13pm
oh is that because of that storm bro?
my thougts with you,.. how is the situation with everything else apart from power??

Quoting pkimnyc
no power still brother. dumping all the food. what a waste....
  • #4,845
  • Aug 29, 2011 5:52pm Aug 29, 2011 5:52pm
Quoting hkkhanus
oh is that because of that storm bro?
my thougts with you,.. how is the situation with everything else apart from power??
Everything else is fine bro. Thanks for asking.
  • #4,846
  • Aug 29, 2011 5:58pm Aug 29, 2011 5:58pm
I keep on looking at this daily chart and I'm starting to think SHORT for this week. Weekly chart is still on the up and up but that doesn't mean we can't go down this week. Soooo.... that's the plan. Let's see how that will go.
  • #4,847
  • Aug 29, 2011 6:05pm Aug 29, 2011 6:05pm
And here's why.... The indis in the middle panel are very toppy. It also hit all the right things in that white circle...

The vertical line is derived from some of my calculations and it SHOULD mark a turning point. We've been up so down is the next logical direction.

Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 40 KB
  • #4,848
  • Edited 6:58pm Aug 29, 2011 6:33pm | Edited 6:58pm
Quoting attila
I keep on looking at this daily chart and I'm starting to think SHORT for this week. Weekly chart is still on the up and up but that doesn't mean we can't go down this week. Soooo.... that's the plan. Let's see how that will go.
FWIW, bonds have been rallying steading all day, from a bottom just after 9ET.

I'm actually short them for the last two hours or so. I'd like to expect some little upside motion in EUR, but we'll see.

EDIT 21:56E. Bond rolled back long; and the uptrend is resuming, more than a point now since the bottom.
  • #4,849
  • Aug 29, 2011 6:40pm Aug 29, 2011 6:40pm
be safe
Quoting pkimnyc
Everything else is fine bro. Thanks for asking.
  • #4,850
  • Aug 29, 2011 6:52pm Aug 29, 2011 6:52pm
20 Banks That Are Praying For The European Bailout To Work

Read more: http://www.businessinsider.com/20-bi...#ixzz1WTO3WW4B
  • #4,851
  • Aug 29, 2011 7:17pm Aug 29, 2011 7:17pm
Quoting Piters
20 Banks That Are Praying For The European Bailout To Work

Read more: http://www.businessinsider.com/20-bi...#ixzz1WTO3WW4B
When all else fails, revert to faith?!?!?


lolz...
  • #4,852
  • Aug 29, 2011 7:26pm Aug 29, 2011 7:26pm
Quoting Venice
When all else fails, revert to faith?!?!?


lolz...
the scariest thing are the gambler addictions on some banks.. some of them having over 2000% exposure as a % of equities.. [In case of Allied Irish Banks goes to 33,352%] , not sure on insurance, and collateral.. but in any case it is HUGE..
  • #4,853
  • Aug 29, 2011 7:34pm Aug 29, 2011 7:34pm
hey ptl would you mind fading this piece of shit and helping us out
  • #4,854
  • Aug 29, 2011 7:38pm Aug 29, 2011 7:38pm
Quoting fxjawn
hey ptl would you mind fading this piece of shit and helping us out
That useless bastard's still sleeping!
  • #4,855
  • Aug 29, 2011 7:44pm Aug 29, 2011 7:44pm
Quoting pkimnyc
no power still brother. dumping all the food. what a waste....
That's unfortunate, mate.

Nobody organizing barbecues? Might as well pack on a few pounds while sitting in the dark.

Glad all is well other than that.
  • #4,856
  • Aug 29, 2011 7:45pm Aug 29, 2011 7:45pm
Quoting Piters
the scariest thing are the gambler addictions on some banks.. some of them having over 2000% exposure as a % of equities.. [In case of Allied Irish Banks goes to 33,352%] , not sure on insurance, and collateral.. but in any case it is HUGE..
Typical, gambler's last throw, they know they are already sunk if the Euro goes down, so they go all in with nothing else to lose and everything to gain..... actually their desperation speaks volumes.

fwiw
  • #4,857
  • Aug 29, 2011 7:46pm Aug 29, 2011 7:46pm
annnddd here we go!
  • #4,858
  • Aug 29, 2011 7:48pm Aug 29, 2011 7:48pm
Quoting Venice
annnddd here we go!
Triple top...or popped double?
  • #4,859
  • Aug 29, 2011 7:51pm Aug 29, 2011 7:51pm
Tokyo's heading to Sushi and Sake, 10 minutes, maybe a retest of daily boundaries after they return. need to wait for London to come on line and some liquidity.
  • #4,860
  • Aug 29, 2011 7:52pm Aug 29, 2011 7:52pm
Quoting kenfen69
Triple top...or popped double?
Well, that was short lived. lol. bit of supply still up here before we go anywhere. I got a close above 4522 (15m), so hmm... but another set of supply right above it. Lotsa crap either way.

Me thinks early bed time! Best way to handle that situation. hehe.
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