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The Really Useless Thread

  • #17,801
  • Sep 26, 2011 3:18am Sep 26, 2011 3:18am
Patience Killers
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  • #17,802
  • Sep 26, 2011 3:19am Sep 26, 2011 3:19am
right, need to head out for a few hours, I would watch 3461.5 for now.
C ya later
Goodluck all
hk

EDIT: and 3494.4
  • #17,803
  • Sep 26, 2011 3:20am Sep 26, 2011 3:20am
cable to test WP @ 525 a definite possibility
  • #17,804
  • Sep 26, 2011 3:20am Sep 26, 2011 3:20am
Quoting FibbinArchie
agree, just looking for a st pull back off a penetration, if boj come out to play then all good..

not trying to pick a multi decade low, lol..

nah just sayin that this sucker aint done yet.... we need to see some major fundamental shifting as well as most likely some massive capitulation on that pair to shake out the very very long yen positions before we set a firm bottom and start a journey back up toward the 88ish
  • #17,805
  • Sep 26, 2011 3:22am Sep 26, 2011 3:22am
Quoting FibbinArchie
marginally positive over forecast german ifo...
Yeap but very gloomy on the outlook outside of the number. Very poor outlook for industrial and manufacturing sector (key in Germany in general)

The most important issue is the expectation of rate cut to 1% on the short term. There is a crowd of investors/banks, international institutions and politicians (except in Germany and France) screaming for rate cut on the next ECB meeting.

If the rumors on the rate (and stock markets keep falling) become a sell the rumor buy the news it will open a whole new set of FA levels to the downside. In my FA chart I got a ECB rate cut FA level at 1.297x (based on the last hikes/cuts at the same levels)....

In any case, the +180 ticks daily range was enough to kill bears for London opening. Back to resistance in H4 (given the FA short term outlook doubt will reach daily R). So plenty of time to load and reload later...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #17,806
  • Sep 26, 2011 3:23am Sep 26, 2011 3:23am
Quoting Wulfgar
nah just sayin that this sucker aint done yet.... we need to see some major fundamental shifting as well as most likely some massive capitulation on that pair to shake out the very very long yen positions before we set a firm bottom and start a journey back up toward the 88ish
yep, totally agree...
  • #17,807
  • Sep 26, 2011 3:23am Sep 26, 2011 3:23am
i want my tp1 630
Quoting chazzle
cable to test WP @ 525 a definite possibility
  • #17,808
  • Sep 26, 2011 3:24am Sep 26, 2011 3:24am
Quoting sisse
Yeap but very gloomy on the outlook outside of the number. Very poor outlook for industrial and manufacturing sector (key in Germany in general)

The most important issue is the expectation of rate cut to 1% on the short term. There is a crowd of investors/banks, international institutions and politicians (except in Germany and France) screaming for rate cut on the next ECB meeting.

If the rumors on the rate (and stock markets keep falling) become a sell the rumor buy the news it will open a whole new set of FA levels to the downside. In my...
any more come out about this german 5 trill hidden debt?
  • #17,809
  • Sep 26, 2011 3:27am Sep 26, 2011 3:27am
Quoting hkkhanus
i want my tp1 630
that smacks of reversal , I can't predict , unfortunately
  • #17,810
  • Sep 26, 2011 3:27am Sep 26, 2011 3:27am
Quoting FibbinArchie
any more come out about this german 5 trill hidden debt?
Not that I have read....seems more like a media scoop to create noise and increase ratings. (Fear always sell)

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #17,811
  • Sep 26, 2011 3:28am Sep 26, 2011 3:28am
not a prediction
just another retracement level bro, btw its 5630 not 6300 .. just to be clear
Quoting chazzle
that smacks of reversal , I can't predict , unfortunately
  • #17,812
  • Sep 26, 2011 3:30am Sep 26, 2011 3:30am
Quoting sisse
Not that I have read....seems more like a media scoop to create noise and increase ratings. (Fear always sell)

sisse
rumour mill going full tilt, would have expected a massive market reaction if there was any truth to it..
  • #17,813
  • Sep 26, 2011 3:43am Sep 26, 2011 3:43am
Quoting gatorinla
looking back.. it looks wrong now..using a 5m chart. says 2.5 h... 30m 3.5h........... maybe we stagnate until. ...
i found a praying mantis on my sun dial. it seems to be fixed now. im so embarrassed. i called the sun dial people tech support. they were gonna send someone out. but after walking me through it, problem fixed. it was easy. 3419 and 09 should keep it going
those who can, do. those who cant, talk about those who can
  • #17,814
  • Sep 26, 2011 3:45am Sep 26, 2011 3:45am
Quoting sisse
Yeap but very gloomy on the outlook outside of the number. Very poor outlook for industrial and manufacturing sector (key in Germany in general)

The most important issue is the expectation of rate cut to 1% on the short term. There is a crowd of investors/banks, international institutions and politicians (except in Germany and France) screaming for rate cut on the next ECB meeting.

If the rumors on the rate (and stock markets keep falling) become a sell the rumor buy the news it will open a whole new set of FA levels to the downside. In my...
they are gonna cut? imagine that. too late.
those who can, do. those who cant, talk about those who can
  • #17,815
  • Sep 26, 2011 3:56am Sep 26, 2011 3:56am
Quoting egkid
e/u
Come on sharks take PA higher to hunt some stop and enter @ better price
You Must B kidding my sell limit @3465 Didn't Hit
LESS THAN 1 PIP
Fuck i will entry MANUALLY
  • #17,816
  • Sep 26, 2011 3:57am Sep 26, 2011 3:57am
87 pips. i'm out til wed. have fun bastards.
  • #17,817
  • Sep 26, 2011 3:59am Sep 26, 2011 3:59am
Quoting pkimnyc
87 pips. i'm out til wed. have fun bastards.

you bastard...


nice..
Look Sharp/Trade Tight
  • #17,818
  • Sep 26, 2011 4:00am Sep 26, 2011 4:00am
Look to 1 min chart for third time didn't hit 3465!!!!!!!!!!!
  • #17,819
  • Sep 26, 2011 4:02am Sep 26, 2011 4:02am
5m sig getting close. 72 or 86 if not sooner.
those who can, do. those who cant, talk about those who can
  • #17,820
  • Sep 26, 2011 4:05am Sep 26, 2011 4:05am
Quoting chazzle
but now looking 460
so short scalp 472 to retest it
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