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The Really Useless Thread

  • #8,741
  • Sep 6, 2011 5:15am Sep 6, 2011 5:15am
N spike stopped me out.. i will sell the n spike off 4097 r 4078/79 if it happens now....
those who can, do. those who cant, talk about those who can
  • #8,742
  • Sep 6, 2011 5:16am Sep 6, 2011 5:16am
Quoting Venice
Swissy WTF?!?!? What happened???

I'm annoyed that I set a stupid TP now.. lol...
Swiss National Bank sets minimum exchange rate at CHF 1.20 per euro
The current massive overvaluation of the Swiss franc poses an acute threat to the Swiss economy and carries the risk of a deflationary development.
The Swiss National Bank (SNB) is therefore aiming for a substantial and sustained weakening of the Swiss franc. With immediate effect, it will no longer tolerate a EUR/CHF exchange rate below the minimum rate of CHF 1.20. The SNB will enforce this minimum rate with the utmost determination and is prepared to buy foreign currency in unlimited quantities.
Even at a rate of CHF 1.20 per euro, the Swiss franc is still high and should continue to weaken over time. If the economic outlook and deflationary risks so require, the SNB will take further measures.

Well, I know Wulfgar should be pretty happy, huh.
  • #8,743
  • Sep 6, 2011 5:16am Sep 6, 2011 5:16am
stretch for 3975 off the daily swing close chart....
Attached Image (click to enlarge)
Click to Enlarge Name: chart3.gif Size: 19 KB
Look Sharp/Trade Tight
  • #8,744
  • Sep 6, 2011 5:18am Sep 6, 2011 5:18am
Quoting PayTheLimit
you know what dude, I was just trying to handicap the downside, if the bulls let it get away from them, its going to turn into a house of cards...
I agree
  • #8,745
  • Sep 6, 2011 5:18am Sep 6, 2011 5:18am
Quoting cloggie
All going to plan, up 80-odd.


Just having a bit of fun here as so many on the muppet thread keep saying I never post trade plans, ah well.......Their loss if their reading skills are as crap as their trading skills.
so what ur saying is these shorts did not workout to well?
  • #8,746
  • Sep 6, 2011 5:20am Sep 6, 2011 5:20am
Quoting needpips
NO FUGGIN WAY.....I got a study that could signal us in the low 1.35's
if it breaks the 1.4... it's going down IMO, possibly further then 35's but depends on a few outcomes... 3850/3800 is my first target area of course
  • #8,747
  • Sep 6, 2011 5:20am Sep 6, 2011 5:20am
XOM low 70's....
  • #8,748
  • Sep 6, 2011 5:21am Sep 6, 2011 5:21am
Quoting Monroe
if it breaks the 1.4... it's going down IMO, possibly further then 35's but depends on a few outcomes...
Yep....but 1.35's will be major speedbump
  • #8,749
  • Sep 6, 2011 5:24am Sep 6, 2011 5:24am
wow, feels like its on...
Look Sharp/Trade Tight
  • #8,750
  • Sep 6, 2011 5:24am Sep 6, 2011 5:24am
Quoting PayTheLimit
wow, feels like its on...
lol...
  • #8,751
  • Sep 6, 2011 5:25am Sep 6, 2011 5:25am
Quoting needpips
Yep....but 1.35's will be major speedbump
we'll see if it gets there but yea I think they'll be some speed bumps along the way of course, not just a straight drop to hell....
  • #8,752
  • Sep 6, 2011 5:27am Sep 6, 2011 5:27am
Quoting needpips
sh 4220 ... BE+1...(nutty environment)
covered for 150+...Ill look at NY open to C what happens

****by the way, I have notice 830 is a great time to open / close positions FWIW
  • #8,753
  • Sep 6, 2011 5:28am Sep 6, 2011 5:28am
Quoting Venice
lol...
those bastards, they are really trying to out do themselves today...
Look Sharp/Trade Tight
  • #8,754
  • Sep 6, 2011 5:28am Sep 6, 2011 5:28am
Quoting needpips
covered for 150+...Ill look at NY open to C what happens

nice lasso...
Look Sharp/Trade Tight
  • #8,755
  • Sep 6, 2011 5:30am Sep 6, 2011 5:30am
poor EU
  • #8,756
  • Sep 6, 2011 5:32am Sep 6, 2011 5:32am
Quoting PayTheLimit
nice lasso...
thx....I missed the pop north by a RCH....had a long on, but it got stopped out before the jolt.....crazy thing.....I had a 1.43 limit stop as well.....so I would have missed the top of the jolt, yet I digress.....theory and all....U C XOM this morn......
  • #8,757
  • Sep 6, 2011 5:34am Sep 6, 2011 5:34am
Quoting PayTheLimit
stretch for 3975 off the daily swing close chart....
Nice chart mate (nicer than the ones with magic numbers for my taste...lol) I share all those S/R levels but I haven't discarded yet the current daily S 1.409x which is the most important one in my books (the 1.397x level was a bear trap...)if broken (daily) will open monthly levels 1.386x and 1.372x as early as this week....

GL bro, hope you took some on the roller coaster...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #8,758
  • Sep 6, 2011 5:34am Sep 6, 2011 5:34am
First time trade E/CHF
Anyone have experience with it will b nice to share his view with mine
Already in trade with it
  • #8,759
  • Sep 6, 2011 5:38am Sep 6, 2011 5:38am
Quoting sisse
Nice chart mate (nicer than the ones with magic numbers for my taste...lol)

sisse

..I have all types of charts, something for everyone...
Look Sharp/Trade Tight
  • #8,760
  • Sep 6, 2011 5:38am Sep 6, 2011 5:38am
Quoting needpips
thx....I missed the pop north by a RCH....had a long on, but it got stopped out before the jolt.....crazy thing.....I had a 1.43 limit stop as well.....so I would have missed the top of the jolt, yet I digress.....theory and all....U C XOM this morn......
you filled on those puts?
Look Sharp/Trade Tight
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