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The Really Useless Thread

  • #24,561
  • Oct 12, 2011 4:27am Oct 12, 2011 4:27am
sell some 3808, risk 20pips...
Look Sharp/Trade Tight
  • #24,562
  • Oct 12, 2011 4:34am Oct 12, 2011 4:34am
Quoting PayTheLimit
sell some 3808, risk 20pips...
A simple M30 will do the trick but momentum only with H4 rejection of highs + FOMC today...In any case, GL bro...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #24,563
  • Oct 12, 2011 4:42am Oct 12, 2011 4:42am
sold at 5762
stop at 85

EDIT: will add some more near 5780.. stop will be the same 85

BBL
goodluck all
  • #24,564
  • Oct 12, 2011 4:42am Oct 12, 2011 4:42am
Quoting AllyB


I'm waiting to short now myself. I did get in another dustbin between 67 & 87. Looking like that short may happen here soon.
Skipped the last long trade, range is already into my discomfort zone.
Will pocket the pips and do some knitting and flower-arranging for the rest of the day..
Attached Image (click to enlarge)
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" Never let the past hold the future to ransom "
  • #24,565
  • Oct 12, 2011 4:45am Oct 12, 2011 4:45am
Quoting Gleneagles
Skipped the last long trade, range is already into my discomfort zone.
Will pocket the pips and do some knitting and flower-arranging for the rest of the day..
What about your beer fund???? Hate it when a trader goes into withdrawal ... not pretty
  • #24,566
  • Oct 12, 2011 4:46am Oct 12, 2011 4:46am
Quoting sisse
...see you at 1.366x on the fade ....lol GL mate...

sisse
yup..
panda strikes back..

I agree mate, from this point. very strong move. it is less likely to look for Shorts.. 3830 is next then 41xx, 437x [testing the monthly supply]

with the recent pull Back on silver we actually saw an ABC structure as a correction [FE 100].. from 44 down to 26;
Now, of the lows 26.00 we are breaking up the accumulation patterns.

Iam expecting [as i posted few days ago] 36.00-36.60 as a next stop after this breakup confirmed..

Metals breaking Up the 4h pennants [weak USD];
  • #24,567
  • Oct 12, 2011 4:49am Oct 12, 2011 4:49am
missed by less than a pip.......CXLD em , going to lunch...bbl...
Look Sharp/Trade Tight
  • #24,568
  • Oct 12, 2011 4:50am Oct 12, 2011 4:50am
Quoting AllyB
What about your beer fund???? Hate it when a trader goes into withdrawal ... not pretty
LOL looking good this month, 27 C outside, perfect day to sort out the cholesterol deficiency
" Never let the past hold the future to ransom "
  • #24,569
  • Oct 12, 2011 4:56am Oct 12, 2011 4:56am
Quoting Gleneagles
LOL looking good this month, 27 C outside, perfect day to sort out the cholesterol deficiency
Whew ... glad to hear that. Supposed to be about the same here and exactly what I had in mind also. Fall color is awesome right now too. Time to smell the roses before they freeze
  • #24,570
  • Oct 12, 2011 4:59am Oct 12, 2011 4:59am
Quoting Piters
yup..
panda strikes back..

I agree mate, from this point. very strong move. it is less likely to look for Shorts.. 3830 is next then 41xx, 437x [testing the monthly supply]

with the recent pull Back on silver we actually saw an ABC structure as a correction [FE 100].. from 44 down to 26;
Now, of the lows 26.00 we are breaking up the accumulation patterns.

Iam expecting [as i posted few days ago] 36.00-36.60 as a next stop after this breakup confirmed..

Metals breaking Up the 4h pennants [weak USD];
Thnks for sharing that view on Silver as I wasn't tracking it. Agree with the monthly levels in the euro. Those are valid on the monthly range but they are not open yet in my books.

Actually we are in perfect monthly area to load shorts on the confirmed break last month (also weekly breakout) which is also last swing low on monthly/weekly at that 1.383x you mentioned and shorts have all priority until a failure to break the last lows or reject back that swing low ...and that looks v far for now...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #24,571
  • Oct 12, 2011 5:08am Oct 12, 2011 5:08am
added at 80, stop at the same place for both
Quoting hkkhanus
sold at 5762
stop at 85

EDIT: will add some more near 5780.. stop will be the same 85

BBL
goodluck all
  • #24,572
  • Oct 12, 2011 5:15am Oct 12, 2011 5:15am
if you smoke a pipe, perhaps 3871 interests you, the mid of last months range...bbl, gl, PTL...
Look Sharp/Trade Tight
  • #24,573
  • Oct 12, 2011 5:23am Oct 12, 2011 5:23am
right, lower one closed for +5 and keeping 5780 short with 5 pip SL so stop is already paid for.
heading out now, c ya l8r
goodluck all
hk


Quoting hkkhanus
added at 80, stop at the same place for both
  • #24,574
  • Oct 12, 2011 5:30am Oct 12, 2011 5:30am
Aiming for 1200 and getting 2600 bucks is what I call a early week end unless another couple of aces come along. Kenfy:: 1.3800 yeeey
  • #24,575
  • Oct 12, 2011 5:34am Oct 12, 2011 5:34am
lol. euro is on fire. just loaded some longer term shorts.. overslept everything again..
  • #24,576
  • Oct 12, 2011 5:34am Oct 12, 2011 5:34am
Quoting Turhovach
Good Evening --

I'm thinking we may be going to the 1.3640 - ish area, initially, and then a re-test of the 1.3700 level. Couple of nice little cup 'n handles forming on the 5 and 15 minute charts. If it can't get through the MOFU then all bets are off of course...


http://i54.tinypic.com/2cr1q9f.png

Ho Ho - I hope you all are making some good drachma's on this insanity. The worst part of my analysis above was that I slept through the whole bloody move and didn't make but a few pips. Bastard !!! (That would be me, of course), I can be such a dummy at times...

Quoting Turhovach
Sigh - took me out on a BE + 10 stop. WHoop de doo Time to re-evaluate. 'Cept I think I'll do that under a nice warm cover in bed until LO.

Cheers...


On the plus side, I did have some sweet dreams. Hey Ken - thanks for the Rain Lady !!!
  • #24,577
  • Oct 12, 2011 5:36am Oct 12, 2011 5:36am
3765 is the close of the big up bar....
Look Sharp/Trade Tight
  • #24,578
  • Oct 12, 2011 5:55am Oct 12, 2011 5:55am
Quoting sisse
Thnks for sharing that view on Silver as I wasn't tracking it. Agree with the monthly levels in the euro. Those are valid on the monthly range but they are not open yet in my books.

Actually we are in perfect monthly area to load shorts on the confirmed break last month (also weekly breakout) which is also last swing low on monthly/weekly at that 1.383x you mentioned and shorts have all priority until a failure to break the last lows or reject back that swing low ...and that looks v far for now...

sisse
yes mate..

I switch to Silver and Gold last few weeks..
more fun, and adrenaline.. for sure.

  • #24,579
  • Oct 12, 2011 6:01am Oct 12, 2011 6:01am
The Daily R2 Pivot is now confluenced with 1.3750 and the H1 EMA5. If it retraces to that area, I will try some longs targeting 1.3800 again.
  • #24,580
  • Oct 12, 2011 6:04am Oct 12, 2011 6:04am
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Hero calls followed by margin calls...
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