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The Really Useless Thread

  • #6,801
  • Sep 1, 2011 1:41pm Sep 1, 2011 1:41pm
Ok guys I out of here ,have fun ,trade safe
  • #6,802
  • Sep 1, 2011 1:43pm Sep 1, 2011 1:43pm
Quoting sofia101
Ok guys I out of here ,have fun ,trade safe
Have fun at work...catch you later!
  • #6,803
  • Sep 1, 2011 1:45pm Sep 1, 2011 1:45pm
H&S on the Aussie 15m anyone? lol, still working on that compression, but took a little more to the top today... almost to the top of the supply area (H4).
  • #6,804
  • Sep 1, 2011 1:46pm Sep 1, 2011 1:46pm
Quoting darimik
lol cant wait.. to be fair, I dont even own an umbrella..
Yep...just have to embrace it for what it is. Fine part of the world!

Quoting darimik
on the related note, I have many levels here in the 42xx, so not adding anything yet..
I have nothing around here in my LT plays. Will look to start adding on any sort of bounces now. 4550 is looking a long way off, now though. Was that a top?
  • #6,805
  • Sep 1, 2011 1:47pm Sep 1, 2011 1:47pm
Quoting kenfen69
Ooooooohhhh...those could be fighting words.

Think I may start making my way to the horse...this could get good!

I have in the past or do now own at least one of every one of those marques. But that doesn't stop me - in fact, motivates me - saying that the reason British prefer warm beer is because Lucas also makes refigerators.
  • #6,806
  • Sep 1, 2011 1:47pm Sep 1, 2011 1:47pm
Done here early in a very decent day. I hope you all got something today too.

I sent this PM a few hours ago to a fellow trader but better share it in this thread for whoever find it interesting. My TA view pre NFP and a very unconventional but interesting view of the current economic vs governments problems published in the last issue of the London Review of Books (The Non-Scenic Route to the Place We’re Going Anyway)....

"The positioning that is taking place is for tomorrow NFP. They are not going to break today support in daily before that announcement (1.425x).

They already cleaned stops on that support to have the road open for tomorrow if NFP trigger shorts.

On the other side, Weekly range is about to be completed but the break of last week lows (1.432x) hasn't been tested yet (meaning intra-day momentum down) but as soon as they retest that level (today or tomorrow) they will clean weak shorts and trigger profit taking from the weekly sellers from highs @ 1.454x opening the door for a rejection of weekly lows on NFP (if trigger longs)/Tuesday combo (Monday is Holiday in the US). "

GL all trading the rest of the day

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #6,807
  • Sep 1, 2011 1:48pm Sep 1, 2011 1:48pm
wait!!
did i miss something?
lemme get the popcorn
Quoting sofia101
Rub ,please )gentle
  • #6,808
  • Sep 1, 2011 1:48pm Sep 1, 2011 1:48pm
C yaaa S
Quoting sofia101
Ok guys I out of here ,have fun ,trade safe
  • #6,809
  • Sep 1, 2011 1:48pm Sep 1, 2011 1:48pm
Inserted Video
  • #6,810
  • Sep 1, 2011 1:50pm Sep 1, 2011 1:50pm
Quoting Venice
H&S on the Aussie 15m anyone? lol, still working on that compression, but took a little more to the top today... almost to the top of the supply area (H4).
Fak.

Would love to try and catch some, but that bastard is a freight-train! Didn't bother yesterday. Wanted to see the drop and re-test...and didn't even nearly hold!

Gold hanging on...Chinese PMI doing OK...tough to find a top in OZ!
  • #6,811
  • Sep 1, 2011 1:51pm Sep 1, 2011 1:51pm
Quoting kenfen69
Fak.

Would love to try and catch some, but that bastard is a freight-train! Didn't bother yesterday. Wanted to see the drop and re-test...and didn't even nearly hold!

Gold hanging on...Chinese PMI doing OK...tough to find a top in OZ!
Yep... bit of a longer play here on her... but i'll cut 'her lose if we breach .0775... just another trade with a plan
  • #6,812
  • Sep 1, 2011 1:51pm Sep 1, 2011 1:51pm
Treasury bond/EUR correlations are going towards zero every day. I think the old "risk on - risk off" meme is becoming collateral damage of huge capital flows as more and more investors are seeing "risk off" havens to really be no where.
  • #6,813
  • Sep 1, 2011 1:51pm Sep 1, 2011 1:51pm
Quoting OldQuant
I have in the past or do now own at least one of every one of those marques. But that doesn't stop me - in fact, motivates me - saying that the reason British prefer warm beer is because Lucas also makes refigerators.
Hahahahaha...hilarious!

Those are all fine marquees...unless she's raining!
  • #6,814
  • Sep 1, 2011 1:52pm Sep 1, 2011 1:52pm
Quoting kenfen69
Fak.

Would love to try and catch some, but that bastard is a freight-train! Didn't bother yesterday. Wanted to see the drop and re-test...and didn't even nearly hold!

Gold hanging on...Chinese PMI doing OK...tough to find a top in OZ!
Not until u hear the words rate decrease would I call a top in that whore
  • #6,815
  • Sep 1, 2011 1:52pm Sep 1, 2011 1:52pm
Quoting needpips
Not until u hear the words rate decrease would I call a top in that whore
What exactly happened At the end of July to it? Completely missed that.
  • #6,816
  • Sep 1, 2011 1:55pm Sep 1, 2011 1:55pm
Quoting Venice
What exactly happened At the end of July to it? Completely missed that.
china....I believe
  • #6,817
  • Sep 1, 2011 1:56pm Sep 1, 2011 1:56pm
Quoting Venice
What exactly happened At the end of July to it? Completely missed that.
Bank and Re-load!
  • #6,818
  • Sep 1, 2011 1:57pm Sep 1, 2011 1:57pm
Quoting Venice
just another trade with a plan
Good stuff, brother!
  • #6,819
  • Sep 1, 2011 2:02pm Sep 1, 2011 2:02pm
And, for what it's worth - and in terms of EUR directional bias, less all the time - the long bond put back on over two full points in two hours today. Straight up, and now just hit a new daily high.

My feeling is, in the short term, there is more weight on the EUR than there is helium or CB gases available to hold it up.

Back later.
  • #6,820
  • Sep 1, 2011 2:15pm Sep 1, 2011 2:15pm
Quoting kenfen69
Closed out of one completely...wasn't able to quite put a stake in the week at 4260...not sure will we get it now...maybe later.
Got my 60...still left a bit on. Will be looking to reload in the 4290-4310 range.
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