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The Really Useless Thread

  • #24,641
  • Oct 12, 2011 8:56am Oct 12, 2011 8:56am
Quoting Larseg
lol,

you always have a different view
...I take that as a compliment...I really don't want and I hope don't have the same view as everybody else in trading....if you know what I mean...lol

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #24,642
  • Oct 12, 2011 8:59am Oct 12, 2011 8:59am
Quoting sisse
...I take that as a compliment...I really don't want and I hope don't have the same view as everybody else in trading....if you know what I mean...lol

sisse

That was a compliment, no one will make money by having others views
still funny though...
  • #24,643
  • Oct 12, 2011 9:04am Oct 12, 2011 9:04am
Quoting OrionsWay
Let us look at the Vix

Yellow box is trouble above that
chances of that not happening?
  • #24,644
  • Oct 12, 2011 9:12am Oct 12, 2011 9:12am
Quoting gatorinla
if this is your line.. i think we are on the same side. i got 3826.5
and a imaginary descending tl at 3831 atm .. the st pa says 3822 3849 min.. even got my m r1 at 3872

now if we touch 3756 before a new high .. i c 3686 st min
if this happens.. it will be best with the next h... if it works like they should it will be fast.
those who can, do. those who cant, talk about those who can
  • #24,645
  • Oct 12, 2011 9:15am Oct 12, 2011 9:15am
Quoting gatorinla
if this is your line.. i think we are on the same side. i got 3826.5
and a imaginary descending tl at 3831 atm .. the st pa says 3822 3849 min.. even got my m r1 at 3872

now if we touch 3756 before a new high .. i c 3686 st min
looking for 3839 area, 50% fibo and major swing level from 12th july..
  • #24,646
  • Oct 12, 2011 9:21am Oct 12, 2011 9:21am
wheat and corn again..
  • #24,647
  • Oct 12, 2011 9:26am Oct 12, 2011 9:26am
Quoting gatorinla
if this is your line.. i think we are on the same side. i got 3826.5
and a imaginary descending tl at 3831 atm .. the st pa says 3822 3849 min.. even got my m r1 at 3872

now if we touch 3756 before a new high .. i c 3686 st min
Strongly agree with 1.383x. That is my TA line in the sand (stops above) for the fade. The problem is that euro is in mania move and without some FA to put stop to the crazy move, the next stop in my charts will be 1.387x next daily R and 1.397x daily breakout point that formed the downtrend which are way beyond my acceptable levels for this week to be considered a retrace and can cause collateral damage on the downtrend.

Right now we are trading FOMC 21 sep selloff so obviously playing the minutes for the FA trigger ...otherwise ....we'll see

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #24,648
  • Oct 12, 2011 9:30am Oct 12, 2011 9:30am
Quoting OrionsWay
I would say increasing by the day considering the lack of players evident in the market

ES going up on lo volume prolly the open interest declining. Who knows though LOL

Can you overlay the US threesome indexes there?
Back in the day a inc. volatility meant dec. value.... in most cases...

In other words; if you say the volatility is to decline, its actually a pretty good bull indicator...

also that everyone is freakin negative supports my sell in 2013 strategy...
  • #24,649
  • Oct 12, 2011 9:59am Oct 12, 2011 9:59am
Right on time. ES testing key1210.xx R, Clearing all a few ticks below and just focusing in currencies for the FOMC and beyond. Euro, cable, UC and CAD all in trading areas.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #24,650
  • Oct 12, 2011 10:10am Oct 12, 2011 10:10am
shorted the spike. 29/30 key level here..
  • #24,651
  • Oct 12, 2011 10:17am Oct 12, 2011 10:17am
closing longs. next reload area, 1.3680ish.
  • #24,652
  • Oct 12, 2011 10:22am Oct 12, 2011 10:22am
Quoting sisse
Strongly agree with 1.383x. That is my TA line in the sand (stops above) for the fade. The problem is that euro is in mania move and without some FA to put stop to the crazy move, the next stop in my charts will be 1.387x next daily R and 1.397x daily breakout point that formed the downtrend which are way beyond my acceptable levels for this week to be considered a retrace and can cause collateral damage on the downtrend.

Right now we are trading FOMC 21 sep selloff so obviously playing the minutes for the FA trigger ...otherwise ....we'll see

sisse...
well its a turd or a nugget... its up to the s/l

bbl
those who can, do. those who cant, talk about those who can
  • #24,653
  • Oct 12, 2011 10:28am Oct 12, 2011 10:28am
not picking tops here are we?
volume declining...
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  • #24,654
  • Oct 12, 2011 10:34am Oct 12, 2011 10:34am
resistance on the sp500
low volume before stop loss hunting above...
4H sp500 key level...
Attached Image (click to enlarge)
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  • #24,655
  • Oct 12, 2011 10:35am Oct 12, 2011 10:35am
Quoting Larseg
not picking tops here are we?
volume declining...
should we pick bottoms?
those who can, do. those who cant, talk about those who can
  • #24,656
  • Oct 12, 2011 10:38am Oct 12, 2011 10:38am
Quoting gatorinla
well its a turd or a nugget... its up to the s/l

bbl
Yeap. r:r is ridiculously high...lets see...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #24,657
  • Oct 12, 2011 10:39am Oct 12, 2011 10:39am
Quoting gatorinla
should we pick bottoms?

nor bottoms...
  • #24,658
  • Oct 12, 2011 10:40am Oct 12, 2011 10:40am
Who broke the PA? Even my 5m looks pathetic.
  • #24,659
  • Oct 12, 2011 10:44am Oct 12, 2011 10:44am
Quoting sisse
Yeap. r:r is ridiculously high...lets see...

sisse
that's what its all about..
those who can, do. those who cant, talk about those who can
  • #24,660
  • Oct 12, 2011 10:47am Oct 12, 2011 10:47am
Would love to short but MA's still bullish and i have a target of 1.38449 so close
Disclaimer: Check your 1m charts
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