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The Really Useless Thread

  • #15,061
  • Sep 20, 2011 3:36pm Sep 20, 2011 3:36pm
Quoting Mr Hatch
Then again, why are you helping the community again?

You know what??


Never mind. First one here on the Iggy list, did not expect it to happen. At least not this soon.





l8r
  • #15,062
  • Sep 20, 2011 3:37pm Sep 20, 2011 3:37pm
Quoting cloggie
Ah crap. Usually Sisse and I are pretty good for timely info here. Do a week without FL and see how you get on, their info is so old, it is using a zimmer frame by the time they publish it and has dignitas on speed dial.
If you adopt me and I can have a desk in your trading room, I'll drop them. Promised.
  • #15,063
  • Sep 20, 2011 3:39pm Sep 20, 2011 3:39pm
sh 37
  • #15,064
  • Sep 20, 2011 3:40pm Sep 20, 2011 3:40pm
Quoting cloggie
You know what??


Never mind. First one here on the Iggy list, did not expect it to happen. At least not this soon.





l8r
Very well... I would have appreciated a Cloggie-like answer to that question, but...
  • #15,065
  • Sep 20, 2011 3:42pm Sep 20, 2011 3:42pm
Quoting cloggie
Ah crap. Usually Sisse and I are pretty good for timely info here. Do a week without FL and see how you get on, their info is so old, it is using a zimmer frame by the time they publish it and has dignitas on speed dial.
Well they are not that bad to be honest. Is a good quick headline reading of what happened during the Asia session and to have a quick reference on something you may have missed in the news.

I personally find them particularly useful when I confuse BST with GMT time ......

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #15,066
  • Edited 3:46pm Sep 20, 2011 3:43pm | Edited 3:46pm
Quoting Mr Hatch
[b]
Sounds like business as usual. Aid not approved yet but talks are progressing.

Update: Greece’s finance minister is now saying there was satisfactory progress in the meetings and that Troika heads will meet early next week.

...

I don't see your problem with them [FL and ZH], Cloggie.
My problem with them (and I do regularly read them) is two fold. First, they have to front run the news to stay competitive with the Bloomberg's and Reuter's. That means they tend both tend to get it wrong or rumored a lot of the time.

Second, they both (especially ZH) have a point of view that strongly colors what gets posted.

But if FL is viewed with a "rah rah" filter in place, and ZH with a "chicken little" filter in place (I think Magix has one, or his signature says something like that), then personally they're well worth the price of admission, especially if used with BLP, Reuter's, or even FT.

Just my opinion.
  • #15,067
  • Sep 20, 2011 3:45pm Sep 20, 2011 3:45pm
Quoting sisse
when I confuse BST with GMT time ......

sisse
/
Look Sharp/Trade Tight
  • #15,068
  • Sep 20, 2011 3:45pm Sep 20, 2011 3:45pm
Quoting cloggie
dignitas on speed dial.
will defo nick that line
  • #15,069
  • Sep 20, 2011 3:48pm Sep 20, 2011 3:48pm
Quoting OldQuant
My problem with them (and I do regularly read them) is two fold. First, they have to front run the news to stay competitive with the Bloomberg's and Reuter's. That means they tend both tend to get it wrong or rumored a lot of the time.

Second, they both (especially ZH) have a point of view that strongly colors what gets posted.

But if FL is viewed viewed with a "rah rah" filter in place, and ZH with a "chicken little" filter in place (I think Magix has one, or his signature says something like that), then personally they're well worth the...
Yup, the bullshit filter needs be on full dial to read any of that crap. When they occasionally post factual sh!t they are so behind Bloomy, it ain't worth trading anymore.

Every trader here should want to see what the big boys see and that is either Bloomy or Reuters, there are no cheap shortcuts, period.

All the posters here and elsewhere that post crap from FL/ZH just show me that they can't read a chart and depend on an outdated gossip site to make trading decisions.

I will repeat myself once more, if the guys at FL/ZH had such good "inside" info, they would frontrun everyone and rake it in, not post it on some crap site to make a few pennies on clicktroughts and advertising.
  • #15,070
  • Sep 20, 2011 3:50pm Sep 20, 2011 3:50pm
Quoting chazzle
will defo nick that line

IT fecking pisses me off, when we get posts and posts of bullshit from some crap websites and it redirects the discussion in a direction that none of us traders really want to go into. It just becomes the EU thread again, and I for one did not sign up for that.

Especially if the source of the post, by his own admission, really does not belong in this thread:

Quoting Mr Hatch
Oh, that's cool. Though I'm still not really sure, I do belong here. My trading still often falls victim to distractions, which are not pron-related.

As always, just being my usual bastard, nothing less would be expected of me. There is no need for posters here to continually quote rubbish "news" from FL, and that of late is all Mr H is "contributing" here.
  • #15,071
  • Sep 20, 2011 3:50pm Sep 20, 2011 3:50pm
Quoting OldQuant
My problem with them (and I do regularly read them) is two fold. First, they have to front run the news to stay competitive with the Bloomberg's and Reuter's. That means they tend both tend to get it wrong or rumored a lot of the time.

Second, they both (especially ZH) have a point of view that strongly colors what gets posted.

But if FL is viewed with a "rah rah" filter in place, and ZH with a "chicken little" filter in place (I think Magix has one, or his signature says something like that), then personally they're well worth the...
Agree on ALL counts!

But...Bloomberg has to change their story, too. I've seen stories pop up (many times)...and then followed it through five or six updates, and by the end of it, it is a very different picture than what was originally painted. Everyone wants the scoop...any news source...speed wins.

The trade calls on FL bother me...but so do ones that are released from Goldman and any of the big bastards. I try to completely ignore them because it just gets in the way of my own thoughts.
  • #15,072
  • Sep 20, 2011 3:51pm Sep 20, 2011 3:51pm
Quoting OldQuant
My problem with them (and I do regularly read them) is two fold. First, they have to front run the news to stay competitive with the Bloomberg's and Reuter's. That means they tend both tend to get it wrong or rumored a lot of the time.

Second, they both (especially ZH) have a point of view that strongly colors what gets posted.

But if FL is viewed with a "rah rah" filter in place, and ZH with a "chicken little" filter in place (I think Magix has one, or his signature says something like that), then personally they're well worth the...
I agree on that filtering view, but hey, if you don't get that filter as soon as you hear/see anything in this business, you're likely to get lost sooner rather than later. In that context I like to recall a PM I once received telling me to short the euro, no sl required. That one was sent by a once highly acclaimed member of FF. If I had done that, well, I'd probably not be here any more.

As Cloggie chose to ignore me from now on, which I think is childish beyond belief, the case should be closed.
  • #15,073
  • Sep 20, 2011 3:55pm Sep 20, 2011 3:55pm
Quoting cloggie

Every trader here should want to see what the big boys see and that is either Bloomy or Reuters, there are no cheap shortcuts, period.
As I said before, I don't belong here, but then again, there was nothing that told me to be strictly obedient.

Over and out.
  • #15,074
  • Sep 20, 2011 3:55pm Sep 20, 2011 3:55pm
Quoting cloggie
IT fecking pisses me off, when we get posts and posts of bullshit from some crap websites
a link I can handle , it's when someone copies and pastes entire paragraphs of someone talking about the price action of currency pairs from yesterdays FXstreet or some crap like that , that's when I start to feel my eyeballs vibrating in my head
  • #15,075
  • Sep 20, 2011 3:56pm Sep 20, 2011 3:56pm
Quoting cloggie
Yup, the bullshit filter needs be on full dial to read any of that crap. When they occasionally post factual sh!t they are so behind Bloomy, it ain't worth trading anymore.

Every trader here should want to see what the big boys see and that is either Bloomy or Reuters, there are no cheap shortcuts, period.

All the posters here and elsewhere that post crap from FL/ZH just show me that they can't read a chart and depend on an outdated gossip site to make trading decisions.

I will repeat myself once more, if the guys at FL/ZH had such good "inside"...
How much is your Bloomy & Reuters feed these days? I had Bloomy a couple years ago and got rid of it. I now subscribe to Ransquawk for a fraction and have them read the shit at me.

I'm not really trading in a manner that needs split second decisions anyway. Bloomy was just a waste of money for me...full stop.
  • #15,076
  • Sep 20, 2011 3:56pm Sep 20, 2011 3:56pm
Will we get a pop at rollover.. 4Hr closes for me in 3mins and MA's looking healthy
Disclaimer: Check your 1m charts
  • #15,077
  • Sep 20, 2011 3:59pm Sep 20, 2011 3:59pm
Quoting Mr Hatch
As I said before, I don't belong here, but then again, there was nothing that told me to be strictly obedient.

Over and out.
Fak that Hatch...don't you be going anywhere!

This is the biggest load of bollocks of a row I've ever seen.

Fakking hate shit like this...ridiculous!

Catch you later.
  • #15,078
  • Sep 20, 2011 4:00pm Sep 20, 2011 4:00pm
Quoting chazzle
a link I can handle , it's when someone copies and pastes entire paragraphs of someone talking about the price action of currency pairs from yesterdays FXstreet or some crap like that , that's when I start to feel my eyeballs vibrating in my head

They gotta start thinking for themselves, reading and quoting silly websites will never get them there. Fine if I am branded a pariah, I for one will not hold back when it comes to saying what needs to be said.
  • #15,079
  • Sep 20, 2011 4:01pm Sep 20, 2011 4:01pm
Quoting chazzle
a link I can handle , it's when someone copies and pastes entire paragraphs of someone talking about the price action of currency pairs from yesterdays FXstreet or some crap like that , that's when I start to feel my eyeballs vibrating in my head
I know what you're saying...but that is pretty rare in this thread, I believe.

If it does happen...just scroll to the next thread without reading.

Not hot at you Chaz...just pissed off at this fakking RUBBISH conversation.
  • #15,080
  • Sep 20, 2011 4:03pm Sep 20, 2011 4:03pm
SWIISY MOVING LOL
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