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The Really Useless Thread

  • #11,581
  • Sep 12, 2011 3:44pm Sep 12, 2011 3:44pm
Quoting OldQuant
Not looking good. If that high were taken out from here in the last half hour of NY, you could just buy it, put a jumbo bag of Redenbacher's in the microwave, and sit back and watch.

Now it's going to have to grind it out over the course of the evening. Damn.
Bastards can never make this easy for us... can they. Although, I must say today has been a decently behaved day PA wise.
  • #11,582
  • Sep 12, 2011 3:45pm Sep 12, 2011 3:45pm
Quoting bbakker
Here is my h1 chart -

Attachment
Very clear and nice chart mate. Agree with all those levels in that chart and I see where are you getting that 1.40xx.

I don't have my charts handy now but the only thing extra in my charts is the other side (down side) but is only visible in a major TF. Last week close made a confirmed break to LL opening the next quarterly and monthly support (100% long term reversal on those charts will be confirmed on months close below 1.428x but thats for later).

In simple words, 1.329x is open for test on the last weekly close (despite FA in the equation) and given the clear downtrend in daily LL and LH short has the preference. Todays close will clear a lot of questions TA wise. 1.365x daily S is in play. A failure to break it today will open 1.380x first ...beyond I have serious doubts that that H1 chart can override the weekly but we'll see.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #11,583
  • Sep 12, 2011 3:45pm Sep 12, 2011 3:45pm
I have a new floor and ceiling established on the 10m.

Favoring longs unless we get a close below 3656.
  • #11,584
  • Sep 12, 2011 3:45pm Sep 12, 2011 3:45pm
hasheeeshh ahh smoked it all more on the way
it sure feels like it the way PA is behaving or misbehaving rite now
i am sclaping the bastard left right and centre

Quoting kill56
hey bro whts up wheres my hashooo

indi and its at the graveyard weekly cam levels
  • #11,585
  • Sep 12, 2011 3:47pm Sep 12, 2011 3:47pm
i likes i likes
Quoting bbakker
Here is my h1 chart -

Attachment
  • #11,586
  • Sep 12, 2011 3:49pm Sep 12, 2011 3:49pm
If Italy still had any colonies in Africa where they could sell them a naval base on the Indian Ocean, the deal would be done. Beyond that, it's probably going to have to be "study and discuss."

But that might be good enough if Moody's doesn't totally take a bat to the French banks.

The bonds have gone to sleep for the day down a quarter, no where near the low of the day, set at the time of the EUR's pin high.
  • #11,587
  • Sep 12, 2011 3:53pm Sep 12, 2011 3:53pm
Quoting sisse
Very clear and nice chart mate. Agree with all those levels in that chart and I see where are you getting that 1.40xx.

I don't have my charts handy now but the only thing extra in my charts is the other side (down side) but is only visible in a major TF. Last week close made a confirmed break to LL opening the next quarterly and monthly support (100% long term reversal on those charts will be confirmed on months close below 1.428x but thats for later).

In simple words, 1.329x is open for test on the last weekly close (despite FA in the equation)...
Cheers sisse

Always a pleasure to read your views!
  • #11,588
  • Sep 12, 2011 3:55pm Sep 12, 2011 3:55pm
Quoting kill56
alose above the rollover will be great for bobo then 14740's will be in sight , not bulls will be dancing tangooooo
TL working nicely bro
  • #11,589
  • Sep 12, 2011 4:05pm Sep 12, 2011 4:05pm
anyone shorting the Cad from parity?

I got one position on short from 1.0011

Mostly cuz i think Oil is undervalued compared to Gold...

need to see a mean revision back to 15 on the Gold/oil ratio... and all the gold bugs arnt gonna let gold crash just yet
  • #11,590
  • Sep 12, 2011 4:11pm Sep 12, 2011 4:11pm
random thought:
i wish there were non broker dependant live account trading competitions out there
  • #11,591
  • Sep 12, 2011 4:13pm Sep 12, 2011 4:13pm
hmm.. just noticed that citi is short EU from 1.3803 targeting 1.2


overall they are long risk commod currencies AUD/CAD/NZD/NOK/SEK and short USD, JPY, GBP and EUR...

keep in mind this is justspot orders... they got options and stuff too...
  • #11,592
  • Sep 12, 2011 4:13pm Sep 12, 2011 4:13pm
Quoting chazzle
TL working nicely bro

how u bro

lol its walking the dog now for 10 -20 killen time
  • #11,593
  • Sep 12, 2011 4:14pm Sep 12, 2011 4:14pm
Quoting hilmy83
random thought:
i wish there were non broker dependant live account trading competitions out there
prolly wouldnt be a good thing for most

those trade competitions are terrible for most traders because the only way to win is to practice terrible MM and take inexcusable risks
  • #11,594
  • Sep 12, 2011 4:20pm Sep 12, 2011 4:20pm
Quoting Wulfgar
hmm.. just noticed that citi is short EU from 1.3803 targeting 1.2


overall they are long risk commod currencies AUD/CAD/NZD/NOK/SEK and short USD, JPY, GBP and EUR...

keep in mind this is justspot orders... they got options and stuff too...
Yeah, and citi what? Prop desk? Commercial book? High net worth clients? Limited Partnerships? Or some guy in Human Resources who has a retail account?
  • #11,595
  • Sep 12, 2011 4:39pm Sep 12, 2011 4:39pm
Quoting OldQuant
Yeah, and citi what? Prop desk? Commercial book? High net worth clients? Limited Partnerships? Or some guy in Human Resources who has a retail account?
Just their run of the mill leveraged prop desk acct they email out to FX clients
  • #11,596
  • Sep 12, 2011 4:56pm Sep 12, 2011 4:56pm
Duking it out with the flag...

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  • #11,597
  • Sep 12, 2011 4:59pm Sep 12, 2011 4:59pm
Quoting hilmy83
random thought:
i wish there were non broker dependant live account trading competitions out there
I compete with myself...everyday, week and month...across several brokers/platforms. Usually a pretty good scrap!
  • #11,598
  • Sep 12, 2011 5:04pm Sep 12, 2011 5:04pm
Quoting kill56
how u bro

lol its walking the dog now for 10 -20 killen time
not bad mate - mainly staying clear of EU/GU today - took a UJ long this AM - nice and chilled lol
  • #11,599
  • Sep 12, 2011 5:21pm Sep 12, 2011 5:21pm
s 3678
those who can, do. those who cant, talk about those who can
  • #11,600
  • Sep 12, 2011 5:25pm Sep 12, 2011 5:25pm
Flattened for now...sick of the fight. Forgot all about a toe-dip sized partial from earlier. Was zoomed in on M1 and just forgot about the bastard. Quite a few orders open across my accounts...

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Aussie still running, too. Free pips on swaps...

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