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The Really Useless Thread

  • #24,861
  • Oct 13, 2011 2:52am Oct 13, 2011 2:52am
Quoting Chicky
It's going to retest 1.4150. But being a bounce player, I am taking shorts.
ya thats a pretty beefry area... 4150- 4240 or so

I can totally make a reasonable rational explanation why the Euro would get up that far based on the health of the EZ as a whole and its extremely strong fundamental outlook and fiscal strength as a nation

Euro Bull forever!!!
  • #24,862
  • Oct 13, 2011 2:52am Oct 13, 2011 2:52am
Quoting hilmy83
3900 just feels right today...
starting to look at the scenerio also..so easy to sell here, but so difficult to buy the highs...
Look Sharp/Trade Tight
  • #24,863
  • Oct 13, 2011 2:53am Oct 13, 2011 2:53am
Quoting PayTheLimit
starting to look at the scenerio also..so easy to sell here, but so difficult to buy the highs...
I dunno man... Im always buyin high and sellin low...
  • #24,864
  • Oct 13, 2011 2:54am Oct 13, 2011 2:54am
Quoting Wulfgar
I dunno man... Im always buyin high and sellin low...
lol, dude..
Look Sharp/Trade Tight
  • #24,865
  • Oct 13, 2011 2:54am Oct 13, 2011 2:54am
Quoting Wulfgar
I dunno man... Im always buyin high and sellin low...
you and me both
  • #24,866
  • Oct 13, 2011 2:58am Oct 13, 2011 2:58am
Quoting hilmy83
you and me both
preach it brother...

anyhow Im def still positioning short on this monkey...

its too much of a bastard to make anymore of a push

fyi the 52 week Midpoint is right above our nuggets...

i been around long enough to see how the euro acts at the 50% retracement level...
  • #24,867
  • Oct 13, 2011 3:05am Oct 13, 2011 3:05am
Quoting PayTheLimit
capped the advance thus far, might consider shorts with a close under 3803, which is the mid of this bar thus far..
did nothing, will wait for something better...
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Look Sharp/Trade Tight
  • #24,868
  • Oct 13, 2011 3:10am Oct 13, 2011 3:10am
Hi guys,
I just set a sell limit orders @ 1.0240 and 1.0235 with SL @ 1.0300
TP is 1.000 first
TP2 is .09860.
R/R is 4:1 on first TP and 6:1 on TP2.
My reason is simple: according to wave count we are about to finish correction and a little help from FA like probolems in EZ again or anything really will help us even more.
Second reason is One2One bearish harmonic pattern on H4,Daily and Weekly TF so I GUESS it is very important resistance up there.
If we brake above 1.0308 then my wave count is invalidated as soon as 1.0370 is taken out.

Hope it helps,
Seb
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  • #24,869
  • Oct 13, 2011 3:14am Oct 13, 2011 3:14am
Quoting PayTheLimit
did nothing, will wait for something better...
Latets ECB comments can help the cause for shorts, shorts in a very dull move so far and not even have managed a retrace in H4. We'll see

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #24,870
  • Oct 13, 2011 3:14am Oct 13, 2011 3:14am
lets see that 55
  • #24,871
  • Oct 13, 2011 3:15am Oct 13, 2011 3:15am
Quoting PayTheLimit
did nothing, will wait for something better...
This is whut I would like to see...

Gotta bust threw the DTEMA first...

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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #24,872
  • Oct 13, 2011 3:16am Oct 13, 2011 3:16am
Quoting darimik
lets see that 55
For 1st target?

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #24,873
  • Oct 13, 2011 3:16am Oct 13, 2011 3:16am
Quoting sisse
Latets ECB comments can help the cause for shorts, shorts in a very dull move so far and not even have managed a retrace in H4. We'll see

sisse
I covered earlier mate, bastards...3760/65 is what I watching now, been a tough area since late yesterday..
Look Sharp/Trade Tight
  • #24,874
  • Oct 13, 2011 3:17am Oct 13, 2011 3:17am
Quoting sisse
For 1st target?

sisse
man you gotta read the ECB monthly bulletin...
lol, I stopped counting how many times they used words like "slowdown" , "downside pressure", and any other negative term... wow...
  • #24,875
  • Oct 13, 2011 3:18am Oct 13, 2011 3:18am
Quoting Magix
This is whut I would like to see...

Gotta bust threw the DTEMA first...

nice sells bro, like I said 60/65 is a bastard, finding some bids in there again..
Look Sharp/Trade Tight
  • #24,876
  • Oct 13, 2011 3:21am Oct 13, 2011 3:21am
Quoting sisse
For 1st target?

sisse
I am looking for a play towards 3680. I will see about unloading depending on how it reacts. equities seem to be on my side so far.
  • #24,877
  • Oct 13, 2011 3:22am Oct 13, 2011 3:22am
Quoting PayTheLimit
nice sells bro, like I said 60/65 is a bastard, finding some bids in there again..
Took profit on a few, was watching for the DTEMA kiss...

Fuckem if I don't get my full on targets, it's been a pretty grand fucking week!!

AUOOOOOOOOOOOOOGA!
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #24,878
  • Oct 13, 2011 3:24am Oct 13, 2011 3:24am
Quoting Magix
Took profit on a few, was watching for the DTEMA kiss...

Fuckem if I don't get my full on targets, it's been a pretty grand fucking week!!

AUOOOOOOOOOOOOOGA!
well there filled now..good luck with the balance brother..
Look Sharp/Trade Tight
  • #24,879
  • Oct 13, 2011 3:24am Oct 13, 2011 3:24am
Quoting PayTheLimit
I covered earlier mate, bastards...3760/65 is what I watching now, been a tough area since late yesterday..
I am taking 1,375x as second target but I agree there is no more juice until that area is broken.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #24,880
  • Oct 13, 2011 3:25am Oct 13, 2011 3:25am
Quoting USD-Bear
chancing a USOil short @ 85.10
collected +75 waiting for some retrace to re-enter


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Don't be a hero. Don't have an ego. Always question yourself
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