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The Really Useless Thread

  • #14,821
  • Sep 20, 2011 3:10am Sep 20, 2011 3:10am
Quoting cloggie
Watch Cable, it had the rally and the test I told you about on the higher TF's a few days back, decision time on that pair.

C... can you see the Cable retesting the 5500 before heading back up?

I mean.. the thing looks damn heavy u know?
  • #14,822
  • Sep 20, 2011 3:10am Sep 20, 2011 3:10am
bastard numbers
all a big headfuck
Quoting Wulfgar
thats kinda close to what i have.,.. i had if 3728 gets taken out next up was 3788

good stuff

3728 is a biggie historically....
  • #14,823
  • Sep 20, 2011 3:11am Sep 20, 2011 3:11am
Quoting hkkhanus
ahh,, thanks for the headsup m8
will have a look at it today, my GU charts look a mess at the moment, will have to give them some time in a bit

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.
We just had the fakeout, now see if we can get a proper bottom forming here. 5800 was tested and is still key for 6150+

At least I kept you out of a long earlier. I am still watching this pair for something I can hold for a week+. Not buying it yet.
  • #14,824
  • Sep 20, 2011 3:11am Sep 20, 2011 3:11am
Quoting hkkhanus
bastard numbers
all a big headfuck
seriously... feckin numbers man....
  • #14,825
  • Sep 20, 2011 3:15am Sep 20, 2011 3:15am
ahh,.., another one.. if this H4 candle doesnt close above 3698 we are going to dive down for a bit again, just another number i see on my chart.

Quoting Wulfgar
seriously... feckin numbers man....
  • #14,826
  • Sep 20, 2011 3:17am Sep 20, 2011 3:17am
short sclap. 3681
  • #14,827
  • Sep 20, 2011 3:22am Sep 20, 2011 3:22am
bad timing, i got the signal at 3697 should have shorted it then... now out with 1 pip

Quoting hkkhanus
short sclap. 3681
  • #14,828
  • Sep 20, 2011 3:37am Sep 20, 2011 3:37am
tbh, to me it looks like if we dont get a close above 5790.4 on daily, there is more downside to it than upside.

you said the same, rite? sorry I was just trying to concentrate on two different things at the same time so got distracted

Quoting cloggie
We just had the fakeout, now see if we can get a proper bottom forming here. 5800 was tested and is still key for 6150+

At least I kept you out of a long earlier. I am still watching this pair for something I can hold for a week+. Not buying it yet.
  • #14,829
  • Sep 20, 2011 3:39am Sep 20, 2011 3:39am
Large explosion in a central square in Ankara, Turkey..
Look Sharp/Trade Tight
  • #14,830
  • Sep 20, 2011 3:41am Sep 20, 2011 3:41am
Quoting PayTheLimit
Large explosion in a central square in Ankara, Turkey..
Uh-oh.
  • #14,831
  • Sep 20, 2011 3:41am Sep 20, 2011 3:41am
Quoting PayTheLimit
Large explosion in a central square in Ankara, Turkey..
oh shit.... my parents are there right now on a cruise visiting Ephasus... is that close by?

just cheked a map... ephesus is coastal... i hope they are safe... on a damn mediterranean cruise.... todays visit is turkey
  • #14,832
  • Sep 20, 2011 3:41am Sep 20, 2011 3:41am
ahh, thats bad
Quoting PayTheLimit
Large explosion in a central square in Ankara, Turkey..
  • #14,833
  • Sep 20, 2011 3:42am Sep 20, 2011 3:42am
Quoting Wulfgar
oh shit.... my parents are there right now on a cruise visiting Ephasus... is that close by?
no..
  • #14,834
  • Sep 20, 2011 3:44am Sep 20, 2011 3:44am
Quoting PayTheLimit
Large explosion in a central square in Ankara, Turkey..

I am a bit more worried about what they are doing this week re drilling rigs. The Turks said they would send rigs out under navy escort to drill right next to the Cypriot rigs that are starting today.

http://www.bbc.co.uk/news/world-europe-14968737
  • #14,835
  • Sep 20, 2011 3:49am Sep 20, 2011 3:49am
Quoting cloggie
I am a bit more worried about what they are doing this week re drilling rigs. The Turks said they would send rigs out under navy escort to drill right next to the Cypriot rigs that are starting today.

http://www.bbc.co.uk/news/world-europe-14968737
its all part of a new Turkish doctrine thats has been effect as of late, they are aiming at become a new force on the world geopolitical stage, and with there strategic location, should be a cake walk...
Look Sharp/Trade Tight
  • #14,836
  • Sep 20, 2011 3:56am Sep 20, 2011 3:56am
Quoting kenfen69
PTL...OQ, was wondering out loud on a couple points earlier after this article came up...



...but didn't hear a peep.

Maybe I just think about really dull stuff, but...either of you got a take on either of these?
occupational hazard i'm afraid lol...
  • #14,837
  • Sep 20, 2011 4:03am Sep 20, 2011 4:03am
right, taken what I could out of EU today,
need to sort out some stuff so be back later on sometime,
would be watching same levels as posted earlier today.. got some orders set near 3770. if it decides to get there while i am away.
goodluck all
later
hk
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  • #14,838
  • Sep 20, 2011 4:07am Sep 20, 2011 4:07am
Quoting PayTheLimit
its all part of a new Turkish doctrine thats has been effect as of late, they are aiming at become a new force on the world geopolitical stage,

Yup it is, they are taking to escorting "aid" ships to Palestine and they are getting involved in Syria.
  • #14,839
  • Sep 20, 2011 4:22am Sep 20, 2011 4:22am
Quoting cloggie
Yup it is, they are taking to escorting "aid" ships to Palestine and they are getting involved in Syria.
To be honest I think the Turkish position has been not bad at all lately. Is good to have somebody with "opinion", action and arguments on the other side of the equation.

On the economic/political side they have been screwed by the EU on all the mumbojumbo of EU candidate/reforms spiral and they didn't get anything in return as they will never/ever will stand a chance in a Christian club. You can't say that out loud as is not political correct in Europe but is the only reason will never be accepted in the EU.

Now they are playing a bigger role, taking the trade advantages from Europe but profiting (or trying to) from the geographical location + energy + Russia + flirting with joining the Brics + the security sphere on their leverage in the Middle East being the only serious country with influence in that region.

In the particular case of Turkey IMO they are getting better bang for the buck finding their own ways (politics and economics) than being a puppet of the "west".

In any case, poor macro number keep coming. German economic sentiment at a month before Lehman levels....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #14,840
  • Sep 20, 2011 4:51am Sep 20, 2011 4:51am
mf!!!!!!......... i woke up to a s/o....
s again.. 3706
those who can, do. those who cant, talk about those who can
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