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The Really Useless Thread

  • #17,081
  • Sep 23, 2011 5:39am Sep 23, 2011 5:39am
looking for a bounce 3447/50 area. before 3377 area, bounce may be 40 pips?
those who can, do. those who cant, talk about those who can
  • #17,082
  • Sep 23, 2011 5:39am Sep 23, 2011 5:39am
i had to dump the au trade and flip it lol abort abort abort....
gonna cover under 9747
  • #17,083
  • Sep 23, 2011 5:42am Sep 23, 2011 5:42am
Quoting cloggie
Thank you Moody's. That is going to kill SocGen and AgCole, not only do they hold crap debt, now they also hold crap banks.

Dax below Ftse today. Let's see.
Welcome back. Where have you been?.

Yeap, both DAX and FTSE trading air intraday and European major banks and politicians with a lot of PR and contradictory reports at last minute....symptoms of a very sick patient ...

Closing 2nd target at H4 support...only one open to final target but is still miles away.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #17,084
  • Sep 23, 2011 5:44am Sep 23, 2011 5:44am
Quoting sisse
Welcome back. Where have you been?.

A bit too much childplay and after the fact reasoning for my liking.


I'll be back again, once Ftse closes above DAX, be a nice end of the week. Look at oil right now, there is the play for the day on EU.
  • #17,085
  • Sep 23, 2011 5:45am Sep 23, 2011 5:45am
Trying a long @ 1.3450

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Don't be a hero. Don't have an ego. Always question yourself
  • #17,086
  • Sep 23, 2011 5:45am Sep 23, 2011 5:45am
Opening trade:

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Added to trade:
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Took 320 points on dax in total now.... another really boring day, fucking consulting job is giving me a massive headache throughout the whole week... sometimes you just want to punch corporate people in their throats....

Last crude still open at +800 ish now.. will still hold.
  • #17,087
  • Sep 23, 2011 5:49am Sep 23, 2011 5:49am
Quoting cloggie
A bit too much childplay and after the fact reasoning for my liking.

I'll be back again, once Ftse closes below DAX, be a nice end of the week. Look at oil right now, there is the play for the day on EU.
Not that far. Yeap oil is breaking 80.xx (that scary). there is a couple of guys here holding shorts from R they must be opening champagne if the week close below 80.

In any case, what you mean childplay in this thread or in the EU thread? haven noticed here, just the usual charts, trades and comments.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #17,088
  • Sep 23, 2011 5:50am Sep 23, 2011 5:50am
Quoting Orbital
Opening trade:

Attachment

Added to trade:
Attachment


Took 320 points on dax in total now.... another really boring day, fucking consulting job is giving me a massive headache throughout the whole week... sometimes you just want to punch corporate people in their throats....

Last crude still open at +800 ish now.. will still hold.

The banks are fecked. 400Bn of recap in the last 2 years, overnight ECB borrowing going through the roof, 11 more recapping this week. Time for another stresstest and a bit of spun PR???? The big French banks are taking it up the dark hole this week by every ratings agency. Downgraded debt, downgraded holdings, Basel III is out of the windoww in the EU, very few will make it. Time to go cap in hand again to FED and ECB. The Finnish are even talking about using EFSF to recap banks instead of the PIIGS.
  • #17,089
  • Sep 23, 2011 5:51am Sep 23, 2011 5:51am
Quoting sisse
Not that far. Yeap oil is breaking 80.xx (that scary). there is a couple of guys here holding shorts from R they must be opening champagne if the week close below 80.

In any case, what you mean childplay in this thread or in the EU thread? haven noticed here, just the usual charts, trades and comments.

sisse

I corrected the post. I expect the DAX to edge below the FTSE today. A rare occasion indeed and a good reflection of the state of affairs in euroland.
  • #17,090
  • Sep 23, 2011 5:54am Sep 23, 2011 5:54am
l8r.
  • #17,091
  • Sep 23, 2011 5:54am Sep 23, 2011 5:54am
Quoting USD-Bear
Trying a long @ 1.3450

Attachment
collected 11 pips
Don't be a hero. Don't have an ego. Always question yourself
  • #17,092
  • Sep 23, 2011 5:55am Sep 23, 2011 5:55am
Quoting RamsesII
whats up ya basterds hope you've all had a great week... sitting on 600 pips now with aud full size and holding
awesome...always wanted that hooch to fall off her pedestal
  • #17,093
  • Sep 23, 2011 5:56am Sep 23, 2011 5:56am
Quoting PayTheLimit
on my chart, its Late NY....time to go directly to the the closest bar...
XOM puts prob gonna look shweet today....still have till Oct 22
  • #17,094
  • Sep 23, 2011 5:57am Sep 23, 2011 5:57am
Gold, breaking 1700.
  • #17,095
  • Sep 23, 2011 5:58am Sep 23, 2011 5:58am
Quoting cloggie
l8r.
GL mate. Enjoy the fresh air outside of FF.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #17,096
  • Sep 23, 2011 5:58am Sep 23, 2011 5:58am
Quoting needpips
XOM puts prob gonna look shweet today....still have till Oct 22
I'll be expecting some cocktails you understand....
Look Sharp/Trade Tight
  • #17,097
  • Sep 23, 2011 5:59am Sep 23, 2011 5:59am
Quoting cloggie
The banks are fecked. 400Bn of recap in the last 2 years, overnight ECB borrowing going through the roof, 11 more recapping this week. Time for another stresstest and a bit of spun PR???? The big French banks are taking it up the dark hole this week by every ratings agency. Downgraded debt, downgraded holdings, Basel III is out of the windoww in the EU, very few will make it. Time to go cap in hand again to FED and ECB. The Finnish are even talking about using EFSF to recap banks instead of the PIIGS.
Either Socgen or unicredit are fucked.. possibly both, i remember there being a news article a couple of weeks ago about an undisclosed european bank borrowing 500 million in a refinancing operation.. amount of that size probably meant one of both.

Lets be honest here cloggie, the banks have been fucked ever since the bullshit bailouts in 2007/8/9. Stress tests on banks is like testing crackwhores for HIV, French banks are in for an ass reaming. Basel III is not going to make any fucking difference even if it went through. The ECB cant bail out all the banks.

Its only a matter of time before everybody realises... hey you know what.. we HAVE to let them fail because otherwise its going to be a cyclical repeat of the same bullshit year after year after year...

Crude is already taking a fucking swandive into the 7x region, anyone who was smart enough to short at the retest of 90 (and speculating that 92.xx will not be broken) made a bunch of money if they had the patience to hold it.

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Its all just fucked... this is why the following picture resembles my weekend plans:

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We dance until the music stops...
  • #17,098
  • Sep 23, 2011 6:01am Sep 23, 2011 6:01am
Quoting PayTheLimit
I'll be expecting some cocktails you understand....
Well...of course...Now if my AAPL 100 jan 2012's get close...Ill be taking everyone out
  • #17,099
  • Sep 23, 2011 6:02am Sep 23, 2011 6:02am
DAX -8% on Futures
LOL
  • #17,100
  • Sep 23, 2011 6:04am Sep 23, 2011 6:04am
Quoting Orbital
Either Socgen or unicredit are fucked.. possibly both, i remember there being a news article a couple of weeks ago about an undisclosed european bank borrowing 500 million in a refinancing operation.. amount of that size probably meant one of both.

Lets be honest here cloggie, the banks have been fucked ever since the bullshit bailouts in 2007/8/9. Stress tests on banks is like testing crackwhores for HIV, French banks are in for an ass reaming. Basel III is not going to make any fucking difference even if it went through. The ECB cant bail out...
I guess you are going to have a good round of drinks today. Very well done with that oil trade. Lunch time here and let see if NY give us more juice for a Black Friday end of the week.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
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