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The Really Useless Thread

  • #12,981
  • Sep 15, 2011 3:04am Sep 15, 2011 3:04am
JUst 1 min. on twitter earthquake in Tokyo
  • #12,982
  • Sep 15, 2011 3:05am Sep 15, 2011 3:05am
Quoting cloggie
BTFD has worked all week, I for one am not going to change that just yet......

Up 50 pips.

Covered for 50 pips, will look for a possible reload. Still looking for 90

Time for some brekky.


l8r
  • #12,983
  • Sep 15, 2011 3:07am Sep 15, 2011 3:07am
Quoting cloggie
You guys hear about the UBS guy????? Share price down 8% for the day and already a profitwarning for Q3
Yup good story they still don't know who he is )
  • #12,984
  • Sep 15, 2011 3:14am Sep 15, 2011 3:14am
Morning All,
I would like to see around 3827.7 - 3835.7 , then i'll look for shorts around that area depending on confirmation and will look for long positions near down 3680.1, 3706.7

however on the way down 3742.5 is as important as it was yesterday to me

Quoting hkkhanus
bro watch the 3742.5 ish on the way
we ll most probably get a bounce off it
  • #12,985
  • Sep 15, 2011 3:20am Sep 15, 2011 3:20am
Quoting cloggie
Covered for 50 pips, will look for a possible reload. Still looking for 90

Time for some brekky.


l8r
reckon that was just a little mid shake, anticipating a new high..
  • #12,986
  • Sep 15, 2011 3:23am Sep 15, 2011 3:23am
Quoting cloggie
Covered for 50 pips, will look for a possible reload. Still looking for 90

Time for some brekky.


l8r

Got some brekky and price is exactly where I left it. I love it when the market waits for me shivering in anticipation.....
  • #12,987
  • Sep 15, 2011 3:25am Sep 15, 2011 3:25am
Quoting FibbinArchie
anticipating a new high..
Quoting cloggie
Still looking for 90
  • #12,988
  • Sep 15, 2011 3:29am Sep 15, 2011 3:29am
if any daily close above both these lines i ll be looking for longs again on this pair, otherwise shorts it is on the pullbacks
====
news in 2 minutes!!!
GL
hk
Attached Image (click to enlarge)
Click to Enlarge Name: GU.PNG Size: 16 KB
  • #12,989
  • Sep 15, 2011 3:29am Sep 15, 2011 3:29am
Quoting cloggie
90 could be a little obvious, may also dip back around 56 first, lets see..
  • #12,990
  • Sep 15, 2011 3:33am Sep 15, 2011 3:33am
Quoting hkkhanus
if any daily close above both these lines i ll be looking for longs again on this pair, otherwise shorts it is on the pullbacks
====
news in 2 minutes!!!
GL
hk

HIgher TF's are really trying to turn this baby back up North. I have ignored the pair, fully expect it to consolidate a bit more before it gives me a trade worth trading (100+ pips)
  • #12,991
  • Sep 15, 2011 3:35am Sep 15, 2011 3:35am
Quoting FibbinArchie
90 could be a little obvious, may also dip back around 56 first, lets see..

I covered the earlier trade at the DT here, was getting hungry for some brekky and it was the logical place. EU has been eyeing 90 all week.

I may not get my retrace to reload, not going to scalp the top on minitests though. I will patiently wait for my next proper setup.
  • #12,992
  • Sep 15, 2011 3:39am Sep 15, 2011 3:39am
yup i see what you saying Cloggs, for long term targets i have some silly ideas some people might not agree with it but i see it trading back up between
64xx - 72xx


Quoting cloggie
HIgher TF's are really trying to turn this baby back up North. I have ignored the pair, fully expect it to consolidate a bit more before it gives me a trade worth trading (100+ pips)
  • #12,993
  • Sep 15, 2011 3:40am Sep 15, 2011 3:40am
Quoting cloggie
I covered the earlier trade at the DT here, was getting hungry for some brekky and it was the logical place. EU has been eyeing 90 all week.

I may not get my retrace to reload, not going to scalp the top on minitests though. I will patiently wait for my next proper setup.
you read it spot on so far..
  • #12,994
  • Sep 15, 2011 3:40am Sep 15, 2011 3:40am
Quoting cloggie
EU has been eyeing 90 all week.

I may not get my retrace to reload.

Got my 90, never did get my retrace, ah well, left 12 pips on the table.
  • #12,995
  • Sep 15, 2011 3:44am Sep 15, 2011 3:44am
upper channel line right at the 00..
  • #12,996
  • Sep 15, 2011 3:45am Sep 15, 2011 3:45am
Quoting hkkhanus
yup i see what you saying Cloggs, for long term targets i have some silly ideas some people might not agree with it but i see it trading back up between
64xx - 72xx

GU has been consolidating in a 120 pip range for days, it has not formed a proper bottom pattern yet on the higher TF's, I for one am not going to scalp higher TF consolidation areas on pairs like that. 5800 is the key here to get it back to 6150 at least. I fully expect at least one more fakeout though before it gets going.

Like I said, not going to trade it yet, just watching it for a possible setup that I can carry for a week or so.
  • #12,997
  • Sep 15, 2011 3:48am Sep 15, 2011 3:48am
Quoting FibbinArchie
upper channel line right at the 00..

There is loads of crap around here on the pair, I took out 55 on a 80 pip day, am watching the airheads closely on the wires and another techie setup for me to trade, going to ignore the scalps, not worth the risk.

Nothing longer term (60-100 pips) on any of the major crosses really. I am still sticking to my posted plan, just waiting for the right setup.
  • #12,998
  • Sep 15, 2011 3:52am Sep 15, 2011 3:52am
i see
Quoting cloggie
GU has been consolidating in a 120 pip range for days, it has not formed a proper bottom pattern yet on the higher TF's, I for one am not going to scalp higher TF consolidation areas on pairs like that. 5800 is the key here to get it back to 6150 at least. I fully expect at least one more fakeout though before it gets going.

Like I said, not going to trade it yet, just watching it for a possible setup that I can carry for a week or so.
  • #12,999
  • Sep 15, 2011 4:00am Sep 15, 2011 4:00am
right! plan in place, pending orders set and me offskie to bed
goodluck all
C ya Later
HK
Quoting hkkhanus
Morning All,
I would like to see around 3827.7 - 3835.7 , then i'll look for shorts around that area depending on confirmation and will look for long positions near down 3680.1, 3706.7

however on the way down 3742.5 is as important as it was yesterday to me
  • #13,000
  • Sep 15, 2011 4:10am Sep 15, 2011 4:10am
lol. thread actually feels nice without a lot of idiots.
nice job ken.
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