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The Really Useless Thread

  • #29,141
  • Oct 26, 2011 12:20am Oct 26, 2011 12:20am
Quoting kill56
morning bro

trade or not london not itchy not flip not WTF fuck EU leaders its a mess lets see what comes out i know it will be bullshitt
trade early, then watch the rest of it from the bar, thats my plan...
Look Sharp/Trade Tight
  • #29,142
  • Oct 26, 2011 12:21am Oct 26, 2011 12:21am
im gonna stay out probably.. i got several 3975 signals.. im bearish so i cant long atm.. we also have a 4081 signal that is still valid. with the news bs.. its a good time to get chopped up.. my imaginary line is at 3945 area atm
those who can, do. those who cant, talk about those who can
  • #29,143
  • Oct 26, 2011 12:22am Oct 26, 2011 12:22am
Quoting PayTheLimit
Morning bro. We are sitting near some very important numbers. Cant really handycap what the market has priced in. Going on Europes past performance however, surely they will kick the can down the road in some capacity, so I expect a sell off, just dont know from what levels. I'm looking to grab a quick scalp somewhere, and then call it a day...good luck
wait u mean u dont expect a magical plan that is going to guarantee the safety and security of the entire Eurozone for generations to come????
  • #29,144
  • Oct 26, 2011 12:24am Oct 26, 2011 12:24am
swing high close capped that pop...
Attached Image (click to enlarge)
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Look Sharp/Trade Tight
  • #29,145
  • Oct 26, 2011 12:24am Oct 26, 2011 12:24am
Quoting Wulfgar
wait u mean u dont expect a magical plan that is going to guarantee the safety and security of the entire Eurozone for generations to come????
prolly not...
Look Sharp/Trade Tight
  • #29,146
  • Oct 26, 2011 12:26am Oct 26, 2011 12:26am
once again a battle for e/u .3950. epic. if she gives prolly open quick to 1.40x. if not we range +/- 50 around .3900.

Watch for killer tweets.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #29,147
  • Oct 26, 2011 12:26am Oct 26, 2011 12:26am
Quoting USD-Bear
still room north for EU imo
Expecting some minor support on USDOLLAR around 9557 and major one around 9508
No EU-shorts for me atm

USDOLLAR H4:
Attachment
Morning bastards,

nothing changed

USDOLLAR H4:
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Don't be a hero. Don't have an ego. Always question yourself
  • #29,148
  • Oct 26, 2011 12:29am Oct 26, 2011 12:29am
Quoting PayTheLimit
prolly not...
Im shocked u have so little faith in our glorious appointed global leaders.... given their unblemished, unshakable, undeniable record of making wise fiscal and political policy...
  • #29,149
  • Oct 26, 2011 12:33am Oct 26, 2011 12:33am
Quoting gatorinla
6211 was a gbp st #.. a bigger formation say 6155.. but if oil fails.. this might be it.. it broke so it should be bullish normally. but it probably broke because if ecb crap. anti bs can turn this thing around. greece has the spotlight. but its the whole Mediterranean.. and the crap we are hearing about coming tomorrow will not solve a thing. they spend more then they make. tourism economies don't make more money by raising the cost of their hotel/food/attraction prices in a bad economy. these tourism economies are is a large...
6011 has become s.. its under threat atm
original was a typo.. 6011 was the correct #
those who can, do. those who cant, talk about those who can
  • #29,150
  • Oct 26, 2011 12:35am Oct 26, 2011 12:35am
Chart of mid...

Red is last years mid, purple are weekly mids of interest, green are of monthly bars, all are effective from where they are drawn of the chart...3953 just above here is the mid from the weekly I shit my pants bar...3870 is last months mid, and below 3635 is the mid from that big weekly bull candle after the spinner..
Attached Image (click to enlarge)
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Look Sharp/Trade Tight
  • #29,151
  • Oct 26, 2011 12:37am Oct 26, 2011 12:37am
Quoting Wulfgar
wait u mean u dont expect a magical plan that is going to guarantee the safety and security of the entire Eurozone for generations to come????
yep.. and the strongest bank of the whole ez according to the stress test was bailed out. this was of course when the banks were strong. before the Greek haircuts *:*
oh and the other piigs lining up.. do u think single file?
those who can, do. those who cant, talk about those who can
  • #29,152
  • Oct 26, 2011 12:38am Oct 26, 2011 12:38am
Quoting gatorinla
yep.. and the strongest bank of the whole ez according to the stress test was bailed out. this was of course when the banks were strong. before the Greek haircuts *:*
oh and the other piigs lining up.. do u think single file?
hey piigs by nature lineup at the trough for feeding time.... free food is the best and the easiest to get
  • #29,153
  • Oct 26, 2011 12:43am Oct 26, 2011 12:43am
Quoting PayTheLimit
Morning bro. We are sitting near some very important numbers. Cant really handycap what the market has priced in. Going on Europes past performance however, surely they will kick the can down the road in some capacity, so I expect a sell off, just dont know from what levels. I'm looking to grab a quick scalp somewhere, and then call it a day...good luck
Euro looks very ugly (untradable intraday) after last 3 days. IMO, is too high to load longs daily and above and this week shorts at these highs are also played.

In simple words all cards in the table and the "river card" is about to be open. The main problem is that rejection of weekly highs on Monday failed to gain momentum before today announcement so a pop 1.397x will trigger enough stops to push this 1.400x and above just because of that.

Last weekly breakout is already retraced 99.99% (a dozen ticks left) but any tick above that will cause collateral damage on the weekly chart putting us in consolidation HH but LL for the rest of the year.

Don't see any chance to load longs today (marginal chance 1,379x ... looks very unrealistic) and shorts only on bull trap in profit taking above 1.401x but closer to pick a top more the proper wave down I was expecting until last Thursday...

On dax (as reference for stocks this morning) 6080.x is been cracked, which will open the "incredible" 6300x....

Btw even Trichet said that the EZ announcement, etc will be a trend changers ...wow...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #29,154
  • Oct 26, 2011 12:44am Oct 26, 2011 12:44am
they could solve this if the Germans would agree to work tripple shifts till they were 160 and the other piggs increase hours worked to 30 h a week.. .. simple math
those who can, do. those who cant, talk about those who can
  • #29,155
  • Oct 26, 2011 12:45am Oct 26, 2011 12:45am
bids said to be stacket at 3950 lets see
  • #29,156
  • Oct 26, 2011 12:51am Oct 26, 2011 12:51am
Quoting fxjawn
bids said to be stacket at 3950 lets see
stfu jawn
  • #29,157
  • Oct 26, 2011 12:51am Oct 26, 2011 12:51am
Quoting fxjawn
bids said to be stacket at 3950 lets see
A bit late news bro... This will be the 4th test this week ... it will hold? ...I have my serious doubts...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #29,158
  • Oct 26, 2011 12:56am Oct 26, 2011 12:56am
Quoting sisse
A bit late news bro... This will be the 4th test this week ... it will hold? ...I have my serious doubts...
no me niether, not this time. 1,4x before the slide...
"If The Fool persists in his Folly he will become wise." - William Blake
  • #29,159
  • Oct 26, 2011 12:56am Oct 26, 2011 12:56am
house of mid... AUD/JPY...double test of last years mid in the last couple of days...
Attached Image (click to enlarge)
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Look Sharp/Trade Tight
  • #29,160
  • Oct 26, 2011 12:57am Oct 26, 2011 12:57am
Quoting fxjawn
stfu jawn

this..


Look Sharp/Trade Tight
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