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The Really Useless Thread

  • #10,541
  • Sep 9, 2011 4:22am Sep 9, 2011 4:22am
Yes. Clearing 2 target 1.3820 a few ticks above daily support 1.379x and trailing the last swing for final target next week.

Done with euro shorts this week ....looking somewhere else for the rest of the day.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #10,542
  • Sep 9, 2011 4:31am Sep 9, 2011 4:31am
IF it continues down, 3692 on weekly....
  • #10,543
  • Sep 9, 2011 4:35am Sep 9, 2011 4:35am
Quoting cloggie
I am in the same boat, for different reasons. May scalp a small short to see how far this one can poke. Double odd is still viable here.
No major setups on this pair, just scalps for peanuts.

Crap PA, let's see if she can make it. Should have kept that short scalp going, ah well, can't win them all.
  • #10,544
  • Sep 9, 2011 4:40am Sep 9, 2011 4:40am
Quoting USD-Bear
trying a long @ 1.3852

Attachment
added one @ 1.3832
Don't be a hero. Don't have an ego. Always question yourself
  • #10,545
  • Sep 9, 2011 4:41am Sep 9, 2011 4:41am
Quoting attila
IF it continues down, 3692 on weekly....
A clean sweep today will be something else . Realistically, daily range is healthy (still room for a few ticks), weekly range is overextended and monthly range has completed the meat of the move already and is entering in overextend mode.

1.383x is my weekly close level to watch. A close below will kill bulls and put a lot of pressure to the downside and make the first break to LL in weekly chart since Nov 2010....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #10,546
  • Sep 9, 2011 4:43am Sep 9, 2011 4:43am
I agree it's overextended. In the same time it's relentless... We could be looking at a trend change possibly...
I've ran out of lines on daily so the next best thing is weekly .
Quoting sisse
A clean sweep today will be something else . Realistically, daily range is healthy (still room for a few ticks), weekly range is overextended and monthly range has completed the meat of the move already and is entering in overextend mode.

1.383x is my weekly close level to watch. A close below will kill bulls and put a lot of pressure to the downside and make the first break to LL in weekly chart since Nov 2010....

sisse
  • #10,547
  • Sep 9, 2011 4:44am Sep 9, 2011 4:44am
Quoting cloggie
Crap PA, let's see if she can make it. Should have kept that short scalp going, ah well, can't win them all.

10 more. We also have 3796 right below.
  • #10,548
  • Sep 9, 2011 4:44am Sep 9, 2011 4:44am
Hi guys...
  • #10,549
  • Sep 9, 2011 4:45am Sep 9, 2011 4:45am
fuckeldido, this has to stop now......

Attached Image
Don't be a hero. Don't have an ego. Always question yourself
  • #10,550
  • Sep 9, 2011 4:47am Sep 9, 2011 4:47am
LOL kill bulls....looks like it's wants kill bulls and stomp on their nuts afterwords...
  • #10,551
  • Sep 9, 2011 4:48am Sep 9, 2011 4:48am
Quoting attila
I agree it's overextended. In the same time it's relentless... We could be looking at a trend change possibly...
Well trend change depends the TF. I am looking for the key reversal confirmation on the quarterly/monthly close to confirm bear market for a good run until December. Weekly is still in mess mode HH but LL (both breached not breaks yet) and daily is full downtrend hundred of miles of a trend change.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #10,552
  • Sep 9, 2011 4:50am Sep 9, 2011 4:50am
Quoting sisse
A clean sweep today will be something else . Realistically, daily range is healthy (still room for a few ticks), weekly range is overextended and monthly range has completed the meat of the move already and is entering in overextend mode.

1.383x is my weekly close level to watch. A close below will kill bulls and put a lot of pressure to the downside and make the first break to LL in weekly chart since Nov 2010....

sisse
my idea with other reasons....
Don't be a hero. Don't have an ego. Always question yourself
  • #10,553
  • Sep 9, 2011 4:55am Sep 9, 2011 4:55am
I'm shorting each m1 rally, and let them run until I can't short anymore. Daily broke some important levels so it seems down for now. It's weird how overextended is, but thinking less may be the best option.
  • #10,554
  • Sep 9, 2011 4:56am Sep 9, 2011 4:56am
Quoting cloggie
10 more. We also have 3796 right below.

Let's see how 96 behaves.
  • #10,555
  • Sep 9, 2011 4:58am Sep 9, 2011 4:58am
Quoting cloggie
hkAnus, did you take my hint on 5990? You are looking at 5930-ish next.

HK, did you trade it?
  • #10,556
  • Sep 9, 2011 4:58am Sep 9, 2011 4:58am
Quoting cloggie
Let's see how 96 behaves.
Anything going on fundies wise?
  • #10,557
  • Sep 9, 2011 4:59am Sep 9, 2011 4:59am
Quoting cloggie
10 more. We also have 3796 right below.

Check and check.
  • #10,558
  • Sep 9, 2011 4:59am Sep 9, 2011 4:59am
Quoting attila
Anything going on fundies wise?

Nah, pure tech.
  • #10,559
  • Sep 9, 2011 5:02am Sep 9, 2011 5:02am
Quoting cloggie
Nah, pure tech.
Hmm. I'm flying blind here. All my lines are on the desktop at home. ILS cloggie? VFR won't cut it. LOL
  • #10,560
  • Sep 9, 2011 5:02am Sep 9, 2011 5:02am
umm .. not far from the first one
Quoting hkkhanus
Daily close above/below 8562.1 will tell us the next stop
8842.9 -8911.9 upwards
or 8236.9 - 8370 below
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