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The Really Useless Thread

  • #9,881
  • Sep 8, 2011 5:59am Sep 8, 2011 5:59am
Quoting cloggie
Right on time too, she is bouncing here. I will get another crack at her.
  • #9,882
  • Sep 8, 2011 6:00am Sep 8, 2011 6:00am
Quoting cloggie
Exact same plays as yesterday, rinse and repeat.
I see. Is funny because since yesterday the longs "from" not "to" 1.405x has been the plays in my books... In any case, 1.405x is already cleaned for the ECB conference so is trading air now until the real moves...

Action coming soon and early and quick lunch after the BOE announcement ...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #9,883
  • Sep 8, 2011 6:00am Sep 8, 2011 6:00am
boe rate unch...
  • #9,884
  • Sep 8, 2011 6:03am Sep 8, 2011 6:03am
Quoting sisse
I see. Is a funny because since yesterday the longs "from" not "to" 1.405x has been the plays in my books... In any case, 1.405x is already cleaned for the ECB conference so is trading air now until the real moves...

Action coming soon and early and quick lunch after the BOE announcement ...

sisse

Both directions have been profitable in the last 2 days, the setups on the shorts were just a lot clearer and allowed for nill risk, look at my earlier chart, couldn't load them quick enough......

I am still looking at a further move down.
  • #9,885
  • Sep 8, 2011 6:05am Sep 8, 2011 6:05am
Quoting cloggie
Both directions have been profitable in the last 2 days, the setups on the shorts were just a lot clearer and allowed for nill risk, look at my earlier chart, couldn't load them quick enough......
Well depends on the TF. The last 2 trades (in my case) rejection of H4 lows has been easy and clean too entry-wise ...obviously they haven't follow through so they has been settle with crumbs...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #9,886
  • Sep 8, 2011 6:08am Sep 8, 2011 6:08am
Quoting sisse
Well depends on the TF. The last 2 trades (in my case) rejection of H4 lows has been easy and clean too entry-wise ...obviously they haven't follow through so they has been settle with crumbs...

sisse

I ignore the H4 setups on days like this, no way are you going to beat the ADR then.
  • #9,887
  • Sep 8, 2011 6:11am Sep 8, 2011 6:11am
Quoting gatorinla
L 4059
s/o.. before taking any profit.
atm it looks bearish,, and it may be.. but the h closed less then 2/10 ths of a pip bearish/ after a green day doji. ill wait for a better b/o. i may miss some. 4037 and 17 are in the way. if it were not for the green doji.. i would have another read.
those who can, do. those who cant, talk about those who can
  • #9,888
  • Sep 8, 2011 6:13am Sep 8, 2011 6:13am
lol, on it's way to 4084 ?
ps lot more then just EU going on.....

Attached Image
Don't be a hero. Don't have an ego. Always question yourself
  • #9,889
  • Sep 8, 2011 6:14am Sep 8, 2011 6:14am
Quoting sisse
Yeap. don't forget the other side as Obama/FED is on later and not only nothing has improved since QE2 ended but has gone worse....

Key levels on the euro in play that can only be broken with FA and the Puppet Master of the pair in his, one before last, farewell conference can do the trick and leave office just before the boat sinks (like the master of all times Greenspan did it before the Housing bubble burst)...

sisse
Market talks, and possibly a very near reality. With bad Q/Q and falling to met the obligations, Greece is very close for a "Drahxmatisation"

German FinMin, Reuters, and last few days mentioning the "option for voluntary exit of EURO monetary zone..

Not sure at this point is it a bad or good news for EUR.. but I guess we have to wait to see..

http://insider.thomsonreuters.com/li...tart=0&end=275
  • #9,890
  • Sep 8, 2011 6:15am Sep 8, 2011 6:15am
trying short at 6045
  • #9,891
  • Sep 8, 2011 6:20am Sep 8, 2011 6:20am
Quoting cloggie
I ignore the H4 setups on days like this, no way are you going to beat the ADR then.
Don't need to. If I manage to make over 50% of the weekly range I am happy and more than 70% I consider myself lucky.... As you know the equation has 2 variables: range and size....so in the balance between both is the answer and is unique for each case...

In any case, let see what the markets give us today.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #9,892
  • Sep 8, 2011 6:22am Sep 8, 2011 6:22am
not to mention china and the swiss ect. by buying euros is actually making it harder for the piggs to survive. making the china and swiss investment a wash or negative for euro/union to remain as one. a split to a north south may solve some of it. either way banks make money in wars.
those who can, do. those who cant, talk about those who can
  • #9,893
  • Sep 8, 2011 6:25am Sep 8, 2011 6:25am
anyone else in GU?
Quoting hkkhanus
trying short at 6045
  • #9,894
  • Sep 8, 2011 6:31am Sep 8, 2011 6:31am
Am flat now across the board, not gonig to hold trades over MBR. I don't foresee any surprises, but you never know.

bbl8r
  • #9,895
  • Sep 8, 2011 6:34am Sep 8, 2011 6:34am
Quoting cloggie
Am flat now across the board, not gonig to hold trades over MBR. I don't foresee any surprises, but you never know.

bbl8r

me neither, was planning a short again @ 1.4060 but PA was to fast for me, staying out for now......
Don't be a hero. Don't have an ego. Always question yourself
  • #9,896
  • Sep 8, 2011 6:34am Sep 8, 2011 6:34am
Inserted Video
  • #9,897
  • Sep 8, 2011 6:36am Sep 8, 2011 6:36am
can gold break 1846.. before 1826.. gold down stocks up and vice verse.
the gbp is flexing as the eu got lower. something aint right.
those who can, do. those who cant, talk about those who can
  • #9,898
  • Sep 8, 2011 6:37am Sep 8, 2011 6:37am
rite .. taking partial off here ... rest at BE
Quoting hkkhanus
anyone else in GU?
  • #9,899
  • Sep 8, 2011 6:39am Sep 8, 2011 6:39am
fake push upwards?
Quoting gatorinla
can gold break 1846.. before 1826.. gold down stocks up and vice verse.
the gbp is flexing as the eu got lower. something aint right.
  • #9,900
  • Sep 8, 2011 6:40am Sep 8, 2011 6:40am
Inserted Video
those who can, do. those who cant, talk about those who can
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