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The Really Useless Thread

  • #10,981
  • Sep 9, 2011 5:57pm Sep 9, 2011 5:57pm
Quoting needpips
I speculate 1.40-ish...urs would 1.3825-ish
I have 1.4054 as a monster resistence.. BELOW 1.3545 - 1.3487...support..

1.3535 is better for a bounce technically...Below that is a very dark place...with no "light @ the end of the tunnel".

S.R
Markets are not Random, they are designed!
  • #10,982
  • Sep 9, 2011 6:02pm Sep 9, 2011 6:02pm
Quoting Raza
I have 1.4054 as a monster resistence.. BELOW 1.3545 - 1.3487...support..

1.3535 is better for a bounce technically...Below that is a very dark place...with no "light @ the end of the tunnel".

S.R
Based on the rhetoric coming out of press releases Id say we are in for a bounce....my gut says 1.40-ish ...maybe higher, but...if no bounce 1.30 might look juicy
  • #10,983
  • Sep 9, 2011 6:11pm Sep 9, 2011 6:11pm
another thought...kinda goes along with the chart I posted earlier
Attached Image (click to enlarge)
Click to Enlarge Name: eurusddaily-triplethreex-01092011.jpg Size: 95 KB




Quoting infinitus
Hi Needpips,

regarding the sentiment:


we had sentiment readings of over 90-97% EUR bulls over the last weeks/months.

Such highly one-sided sentiment levels are not washed out in one week. That will need more time, more drop, more pain. It will be over, when most here do not spend a single thought on going long LOL
  • #10,984
  • Sep 9, 2011 6:14pm Sep 9, 2011 6:14pm
Quoting needpips
Based on the rhetoric coming out of press releases Id say we are in for a bounce....my gut says 1.40-ish ...maybe higher, but...if no bounce 1.30 might look juicy
keep an eye on daily candles...

Weekly looks super bearish ATM.

Its better to follow the money have patience to short again this week next week .....1.4054 is resistence below that it remains Bearish..

we have a good size wave lenght..i will have to do my homework this weekend to know the story for the month of september...

I would recommend donot try to buy untill at some crucial level market is still trying to find Support..
Markets are not Random, they are designed!
  • #10,985
  • Sep 9, 2011 6:16pm Sep 9, 2011 6:16pm
Quoting needpips
another thought...kinda goes along with the chart I posted earlier
Attachment
A very nice chart whosever it is....price level is at a good place 1.3535-25 max 1.3505
Markets are not Random, they are designed!
  • #10,986
  • Sep 9, 2011 6:57pm Sep 9, 2011 6:57pm
Quoting Raza
A very nice chart whosever it is....price level is at a good place 1.3535-25 max 1.3505
yes....one of the sites I look at.....http://ewcharts.com/
  • #10,987
  • Sep 9, 2011 7:31pm Sep 9, 2011 7:31pm
Any bastards in the house...other than me?

What a week! To many more like it!

Cheers!
  • #10,988
  • Sep 9, 2011 7:47pm Sep 9, 2011 7:47pm
Quoting kenfen69
Any bastards in the house...other than me?

What a week! To many more like it!

Cheers!
yo..
  • #10,989
  • Sep 9, 2011 7:49pm Sep 9, 2011 7:49pm
Green line channel(s) are the exact same angles...yellow channel is the larger weekly

Attached Image (click to enlarge)
Click to Enlarge Name: Screen shot 2011-09-09 at 8.47.24 PM.png Size: 188 KB
  • #10,990
  • Sep 9, 2011 7:54pm Sep 9, 2011 7:54pm
Quoting kenfen69
Fakkin A!

Nicely done, mate! Nice flip on the London move!

Cheers brother!
  • #10,991
  • Sep 9, 2011 7:56pm Sep 9, 2011 7:56pm
Quoting needpips
yo..
Yo yo, mofo!

Having a drink? You earned or a dozen.
  • #10,992
  • Sep 9, 2011 7:57pm Sep 9, 2011 7:57pm
Quoting needpips
yes....one of the sites I look at.....http://ewcharts.com/
Be cautious with waves..... especially Eu bro.
  • #10,993
  • Sep 9, 2011 7:57pm Sep 9, 2011 7:57pm
Quoting pkimnyc
Reacted quick, mate!

Some people would have froze. Very impressive!

Whats shakin? Being a Daddy...or done for the night?
  • #10,994
  • Sep 9, 2011 8:00pm Sep 9, 2011 8:00pm
Quoting pkimnyc
Be cautious with waves..... especially Eu bro.
tru....just another tool in the bag
  • #10,995
  • Sep 9, 2011 8:00pm Sep 9, 2011 8:00pm
Quoting kenfen69
Yo yo, mofo!

Having a drink? You earned or a dozen.
Having a Octoberfest as we speak
  • #10,996
  • Sep 9, 2011 8:01pm Sep 9, 2011 8:01pm
Quoting kenfen69
Reacted quick, mate!

Some people would have froze. Very impressive!

Whats shakin? Being a Daddy...or done for the night?
thanx brother. Yep, relaxing for 2 days just being a daddy. Back to normal business Tuesday. Lol.
I'll be in the thread lurking in time to time.
  • #10,997
  • Sep 9, 2011 8:01pm Sep 9, 2011 8:01pm
Quoting needpips
Having a Octoberfest as we speak
Feckin A! I opted for the Killians Irish Red tonight!
  • #10,998
  • Sep 9, 2011 8:06pm Sep 9, 2011 8:06pm
Quoting needpips
tru....just another tool in the bag
Ew alone isn't a very good tool when trading. If you like it, use it with other tools. Most problematic area with Ew..... is you get in the habit of picking ultimate tops and bottoms. I'm sure you know the danger side to that.
  • #10,999
  • Sep 9, 2011 8:07pm Sep 9, 2011 8:07pm
Quoting needpips
Having a Octoberfest as we speak
Venice says to pass on...
  • #11,000
  • Sep 9, 2011 8:09pm Sep 9, 2011 8:09pm
Quoting Venice
Feckin A! I opted for the Killians Irish Red tonight!
WTF...didn't even know you were here!

I know you too well!

Oktoberfest: Venice appears...what!

Pretty Young Thing posted: pk appears...

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