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The Really Useless Thread

  • #5,481
  • Aug 30, 2011 2:06pm Aug 30, 2011 2:06pm
Odds of the Fed launching a third round of QE have risen after the minutes of the August FOMC meeting revealed there were members ready to pull the trigger already back in early August. As we’ve seen in the past, commodities currencies and stocks tend to rally in advance of an announcement of QE while the gains cool once the policy is actually put n place.
EUR/USD continues to chip away at offers in the 1.4450 region.


by Jamie Coleman

get dem presses warmed up boi..
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  • #5,482
  • Aug 30, 2011 2:06pm Aug 30, 2011 2:06pm
Class stuff

Quoting Venice
http://www.youtube.com/watch?v=1gZ0x8AVaBI
Disclaimer: Check your 1m charts
  • #5,483
  • Aug 30, 2011 2:07pm Aug 30, 2011 2:07pm
Quoting Venice
Good stuff... Stopped on my side anyways, was a play out of minor supply, only small occurrence to see those come to full fruitation Usually enough to get 10-20 pips out of though, which usually equates to a BE on my side. lol
Ive scalped 30% of today profits....with 2 to 10 pips....it adds up during the slow times
  • #5,484
  • Aug 30, 2011 2:08pm Aug 30, 2011 2:08pm
Quoting Venice
http://www.youtube.com/watch?v=1gZ0x8AVaBI
  • #5,485
  • Aug 30, 2011 2:09pm Aug 30, 2011 2:09pm
Ya, bounced nicely off my 38.2 on the 5min.. Hoping it comes down a bit for more but not looking likely. Will wait though incase it does

Quoting sofia101
I can see 36 ,but still not worse it
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Disclaimer: Check your 1m charts
  • #5,486
  • Aug 30, 2011 2:09pm Aug 30, 2011 2:09pm
Quoting FibbinArchie
Odds of the Fed launching a third round of QE have risen after the minutes of the August FOMC meeting revealed there were members ready to pull the trigger already back in early August. As we’ve seen in the past, commodities currencies and stocks tend to rally in advance of an announcement of QE while the gains cool once the policy is actually put n place.
EUR/USD continues to chip away at offers in the 1.4450 region.


by Jamie Coleman
Check gold mate, it never lie ...1700 to 1850 since it was clear the FED wasn't going to "do it" during Jackson Hole meeting and the door is WIDE open TA for a test of highs at least....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #5,487
  • Aug 30, 2011 2:10pm Aug 30, 2011 2:10pm
Quoting needpips
Ive scalped 30% of today profits....with 2 to 10 pips....it adds up during the slow times
hah... same for me, all friggin month long though. I'm ready for a multiday trade again.
  • #5,488
  • Aug 30, 2011 2:11pm Aug 30, 2011 2:11pm
Archie - 8 -2

Quoting FibbinArchie
Odds of the Fed launching a third round of QE have risen after the minutes of the August FOMC meeting revealed there were members ready to pull the trigger already back in early August. As we’ve seen in the past, commodities currencies and stocks tend to rally in advance of an announcement of QE while the gains cool once the policy is actually put n place.
EUR/USD continues to chip away at offers in the 1.4450 region.


by Jamie Coleman

get dem presses warmed up boi..
Disclaimer: Check your 1m charts
  • #5,489
  • Aug 30, 2011 2:11pm Aug 30, 2011 2:11pm
57 or 36 witch ever will break )
  • #5,490
  • Aug 30, 2011 2:12pm Aug 30, 2011 2:12pm
50 resist turning supp?
  • #5,491
  • Aug 30, 2011 2:13pm Aug 30, 2011 2:13pm
Quoting sisse
Check gold mate, it never lie ...1700 to 1850 since it was clear the FED wasn't going to "do it" during Jackson Hole meeting and the door is WIDE open TA for a test of highs at least....

sisse
gold back above 61.8% fr of recent decline...
  • #5,492
  • Aug 30, 2011 2:14pm Aug 30, 2011 2:14pm
what a way to start a trading day...
  • #5,493
  • Aug 30, 2011 2:14pm Aug 30, 2011 2:14pm
Quoting sisse
Check gold mate, it never lie ...1700 to 1850 since it was clear the FED wasn't going to "do it" during Jackson Hole meeting and the door is WIDE open TA for a test of highs at least....

sisse
i agree mate..

testing the top is what im targeting [for now too]

even from ABC point, goes to the same level..
  • #5,494
  • Aug 30, 2011 2:15pm Aug 30, 2011 2:15pm
Quoting FibbinArchie
gold back above 61.8% fr of recent decline...
....and coming from rejection of daily Support

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #5,495
  • Aug 30, 2011 2:15pm Aug 30, 2011 2:15pm
Quoting pipper
Archie - 8 -2
please don't remind me pipper
  • #5,496
  • Aug 30, 2011 2:16pm Aug 30, 2011 2:16pm
Quoting sisse
....and coming from rejection of daily Support

sisse
2000 psychological level in sight...
  • #5,497
  • Aug 30, 2011 2:17pm Aug 30, 2011 2:17pm
Quoting sisse
FED is a mess. Indecisive and dubious CBs are never a good thing during difficult times.... My conclusion, more than ever is that the FED is in "hope mode" (like the EZ with debt) and they are lost with what to do with their monetary policy....

In FF words, FED sounds as lost as some of the muppets you like to make fun of in the Eur thread...

sisse
Lol, so the FED and the ECB are run by muppets, most politicians in office are muppets, muppets are playing for Arsenal, there is talk of sending a muppet to Mars, seems like they are everywhere...bastards...
Look Sharp/Trade Tight
  • #5,498
  • Aug 30, 2011 2:18pm Aug 30, 2011 2:18pm
Quoting FibbinArchie
2000 psychological level in sight...
Oh yeah, i'd be buying the crap out of it... if I could. Seems our wonderful and ever caring government has deemed the spot trading of precious metals illegal by retailers though.
  • #5,499
  • Aug 30, 2011 2:20pm Aug 30, 2011 2:20pm
To be fair, all your defence were missing and the recent loss of players

Quoting FibbinArchie
please don't remind me pipper
Disclaimer: Check your 1m charts
  • #5,500
  • Aug 30, 2011 2:23pm Aug 30, 2011 2:23pm
http://www.zerohedge.com/news/europe...oan-collateral
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