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The Really Useless Thread

  • #17,701
  • Sep 25, 2011 9:16pm Sep 25, 2011 9:16pm
Quoting PayTheLimit
lol, true, how you been bro, all good?
all good brother. little busy with other stuff atm. back in full trading wed though.
  • #17,702
  • Sep 25, 2011 9:18pm Sep 25, 2011 9:18pm
Quoting PayTheLimit
all good bro...

and yes, I know what you mean...its funny how a well trending market can be just as difficult to trade...
Good stuff!

Yeah...just getting her started is the problem at times.
  • #17,703
  • Sep 25, 2011 9:20pm Sep 25, 2011 9:20pm
Quoting gatorinla
.086xx one too
Ooooh...like that one.

2011 or 2012?
  • #17,704
  • Sep 25, 2011 9:20pm Sep 25, 2011 9:20pm
no s holding over 3440 atm for me. especially if 4385 is not touched first. other then lt.
those who can, do. those who cant, talk about those who can
  • #17,705
  • Sep 25, 2011 9:22pm Sep 25, 2011 9:22pm
Silver coming in on $28...gold making $1600 looking likely.
  • #17,706
  • Sep 25, 2011 9:23pm Sep 25, 2011 9:23pm
off again... don't have too much fun, ok?
  • #17,707
  • Sep 25, 2011 9:24pm Sep 25, 2011 9:24pm
Quoting pkimnyc
off again... don't have too much fun, ok?
we'll have none until you return.

If I don't see you...hit a home run, mate. Best of luck!
  • #17,708
  • Sep 25, 2011 9:39pm Sep 25, 2011 9:39pm
Quoting gatorinla
looking for a 3426/27 36 entry to s.. before 3385 if possible?
looks like 3429/33 min
those who can, do. those who cant, talk about those who can
  • #17,709
  • Sep 25, 2011 9:47pm Sep 25, 2011 9:47pm
Quoting gatorinla
looks like 3429/33 min
mine 3440
Gold Expedition Return This Year: -15.9%
  • #17,710
  • Sep 25, 2011 10:00pm Sep 25, 2011 10:00pm
eyes on u/j...
  • #17,711
  • Sep 25, 2011 10:05pm Sep 25, 2011 10:05pm
3384 last weeks low...
Look Sharp/Trade Tight
  • #17,712
  • Sep 25, 2011 10:11pm Sep 25, 2011 10:11pm
Deflation across the board. Every low in HG is a new 12mo+ low. Oil's below 80. Soybeans, in short supply, are down, as are most ags. AUD down a half cent. Only ES is green, by about a point, after being up 15 near the open.

Turned right around to this in the last two hours, though, so can't say there's strong commitment to any of it.

I'm just going to let Flipper have it for the night. It's been doing well using the simple fast-ema cross (in 5sec tf) and will catch any real trend. In the chop like last 50 min or so, its worst hit has been about 4 then about 7, tricked long after 00:20 then late rolling into the 7+tick 1m starting at 00:24.

This pair is just not a good position candidate right now, I don't think.

Copper, on the other hand, could see 2.75 at this rate. But not tonight.

While typing, ES is down now too.
  • #17,713
  • Sep 25, 2011 10:15pm Sep 25, 2011 10:15pm
I have a projected band of support at 3329/46, anyone else have anything down that way?
Look Sharp/Trade Tight
  • #17,714
  • Sep 25, 2011 10:15pm Sep 25, 2011 10:15pm
Some simple trades, don't think they need a lot of explanation. Took out all for now. Haven't slept much, its 07:00 in the morning and i have conference calls all day, last 2 weeks of the consulting job and im burning out very quickly.

Oh well... Incoming shitfest this week to finish off the remaining longs? Dax is going to be interessting today.

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EDIT: Also killing remaining crude trade at +860 pips.

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Simply don't have the time to monitor open positions for much longer. I wish all of you a successful and profitable trading week. Need to focus on some other stuff right now =/
  • #17,715
  • Sep 25, 2011 10:16pm Sep 25, 2011 10:16pm
Quoting PayTheLimit
I have a projected band of support at 3329/46, anyone else have anything down that way?
sisse was talking about 333x last week...
  • #17,716
  • Sep 25, 2011 10:20pm Sep 25, 2011 10:20pm
Morning
E/U
8 positions and 8 targets
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  • #17,717
  • Sep 25, 2011 10:22pm Sep 25, 2011 10:22pm
Quoting kenfen69
I do believe you're right. You well, brother?

I start to get a little uncomfortable when there is only one "logical" direction to trade in. That is starting to happen now. The market knows what it wants. Bit of an EU bounce and I suppose I better at least try to join the slide.
YUP.. it is a reversal LEVEL in my books.. [next 3 days] from 3300-3380..

if month close below.. well Good luck..

  • #17,718
  • Sep 25, 2011 10:22pm Sep 25, 2011 10:22pm
Quoting OldQuant
Copper, on the other hand, could see 2.75 at this rate. But not tonight.
Was just reading a piece saying that historically, copper falls about 40% during an American recession....peak to trough. $2.67 is that mark. Little lower could be expected $2.20ish, and looking to stabilize around the $2.67 mark.

Plenty of blood to spilled. We'll see how it goes.

Silver sub $28 now. Gold right around $1605...nu sub $1600 yet. YET.
  • #17,719
  • Sep 25, 2011 10:24pm Sep 25, 2011 10:24pm
Quoting gatorinla;4986455[COLOR=Red
]looking for a 3426/27 36 entry to s[/color].. before 3385 if possible?
void
of we hit 3420 now before 3385 i look higher to 3454 min..3362 in play.. 3420 is the risk
those who can, do. those who cant, talk about those who can
  • #17,720
  • Sep 25, 2011 10:28pm Sep 25, 2011 10:28pm
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