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The Really Useless Thread

  • #29,881
  • Oct 28, 2011 2:11pm Oct 28, 2011 2:11pm
next week looks busy, fomc and ecb rates, plus new boy's first press conference and of course good ol' nfps friday...
  • #29,882
  • Oct 28, 2011 2:11pm Oct 28, 2011 2:11pm
Quoting FibbinArchie
61.8 retrace of this years range, definitely worth watching..

naturally i was short from about 4239 and closed for about 35 pips, wish i could stay in a trade..
true it was the fib from 149 i think and it might shoot for the %50 and dont forget fiber love %23
  • #29,883
  • Oct 28, 2011 2:13pm Oct 28, 2011 2:13pm
Quoting kill56
true it was the fib from 149 i think and it might shoot for the %50 and dont forget fiber love %23
true say, true say killer, expecting a retest and possible penetration in any event..

have a good weekend bro...
  • #29,884
  • Oct 28, 2011 2:14pm Oct 28, 2011 2:14pm
Quoting FibbinArchie
true say, true say killer, expecting a retest and possible penetration in any event..

have a good weekend bro...

u too bro enjoy
  • #29,885
  • Oct 28, 2011 2:15pm Oct 28, 2011 2:15pm
Quoting kill56
if u did notice the voluom at wallstreet have been v low it meens that the traders are not conveced its bull market till now although we did hit some high levels on dow and es, almost %70 of earnings good so far and no real money in the market yet ist TP befor the shorting of the market, do the market belave that ec zone solve the greece issu who's next , can the ec country live with high eur no export dam who will pay sarkozy or merkozy, a lot of shitt but no answer , any way as u said...
a lot of new money sitting L between here and 3950 ish.. if we start a slide. should be some covering..
if its the qe crap..anticipated.. where are the buyers? a perfect day to push higher .. a hint of qe usually goes on.. like wild fire.
those who can, do. those who cant, talk about those who can
  • #29,886
  • Oct 28, 2011 2:26pm Oct 28, 2011 2:26pm
Quoting gatorinla
a lot of new money sitting L between here and 3950 ish.. if we start a slide. should be some covering..
if its the qe crap..anticipated.. where are the buyers? a perfect day to push higher .. a hint of qe usually goes on.. like wild fire.

dam it qe 2 of the fed's are talking about it , do the US needs it after the new GDP NO. unless they want the dixy down to hill more export fast recovery in the US and fuck the rest
  • #29,887
  • Oct 28, 2011 2:31pm Oct 28, 2011 2:31pm
Quoting gatorinla
a lot of new money sitting L between here and 3950 ish.. if we start a slide. should be some covering..
if its the qe crap..anticipated.. where are the buyers? a perfect day to push higher .. a hint of qe usually goes on.. like wild fire.
Agreed... Just be careful mon at the London fix... Hedge funds who made a killing in their equities portfolios on the US stock surge who hedge via currencies ate gonna need to sell an assload of USD's come Monday to protect and hedge their profits from unforeseen Dollar moves next week with the meatgrinder of FA happening....

May actually be a good fade on the EU if we smack the 4280 or the Uchf off the 8500 area...
  • #29,888
  • Oct 28, 2011 2:37pm Oct 28, 2011 2:37pm
Quoting Wulfgar
sell an assload of USD's ...
damn those PB rents are high. I guess its worth it though when you wear shorts all year.

Fed QEXXX is in the smoke signals. Unemployment >9 forever, no alternative. I myself need a job, but nobody wants you when you're old...
"If The Fool persists in his Folly he will become wise." - William Blake
  • #29,889
  • Oct 28, 2011 2:37pm Oct 28, 2011 2:37pm
Quoting Wulfgar
Agreed... Just be careful mon at the London fix... Hedge funds who made a killing in their equities portfolios on the US stock surge who hedge via currencies ate gonna need to sell an assload of USD's come Monday to protect and hedge their profits from unforeseen Dollar moves next week with the meatgrinder of FA happening....

May actually be a good fade on the EU if we smack the 4280 or the Uchf off the 8500 area...
and i raise you.. Italy and its bonds.. blood is in the water. the unknown.. hedge funds can still go short also. resistance on the s&p is the place to take the chance. luckY #1300.. oops we were already near it. oh shit.
those who can, do. those who cant, talk about those who can
  • #29,890
  • Oct 28, 2011 2:43pm Oct 28, 2011 2:43pm
Quoting gatorinla
and i raise you.. Italy and its bonds.. blood is in the water. the unknown.. hedge funds can still go short also.
and most of hedge funds managers are talking about 12500 eur by the end of the year
  • #29,891
  • Oct 28, 2011 3:13pm Oct 28, 2011 3:13pm
Quoting Wulfgar
Google map this house on Dixie/beryl.. 2 bedroom 2 bath 1850 a month... In PB... Check it out and lemme know if u like the location
? i think u wrote that wrong?
  • #29,892
  • Oct 28, 2011 3:22pm Oct 28, 2011 3:22pm
Quoting fxjawn
? i think u wrote that wrong?
What did I write wrong?
Actually it's right next to law street... We walk outside and fall into the ocean though...
  • #29,893
  • Oct 28, 2011 3:28pm Oct 28, 2011 3:28pm
Quoting gatorinla
and i raise you.. Italy and its bonds.. blood is in the water. the unknown.. hedge funds can still go short also. resistance on the s&p is the place to take the chance. luckY #1300.. oops we were already near it. oh shit.
I agree with you... It's still a race to the bottom.. Heavy heavy bearishness on the USD is making me more of a dollar bull than
Ever... Lol

I still feel when the chips are Down and the world is in turmoil the hedge funds have no choice but to move into UST's.... And u r right there IS blood in the streets...

As for Italy and it's bonds... This contagion is doing nothing but getting worse.... Letting Greece off the hook with a 50% cut is almost a reward... Bond vigilantes are going to rock the the PIIS who in turn will most likely just rush to destroy their economies as fast as possible to get the same deal Greece did.... Which of course will crush the Insufficient EFSF and create massive havoc in the entirety of the EZ... No amount of backdoor QE Ben gives them or bonds china buys can really get them out once the contagion really grips France and Germany..
  • #29,894
  • Oct 28, 2011 3:31pm Oct 28, 2011 3:31pm
Quoting The Fool
damn those PB rents are high. I guess its worth it though when you wear shorts all year.

Fed QEXXX is in the smoke signals. Unemployment >9 forever, no alternative. I myself need a job, but nobody wants you when you're old...
It doesn't seem
Much to me... I been paying 4k a month the last 7 years for my 1600 sqft townhome in del mar...
If I can split 1850 with jawn my life will be glorious..

QE is like Police academy movies... They should of
Stopped at 1... But they made 7... Which all were worthless and
Killed the franchise..
  • #29,895
  • Oct 28, 2011 3:54pm Oct 28, 2011 3:54pm
Quoting Wulfgar
It doesn't seem
Much to me... I been paying 4k a month the last 7 years
naw i know - most of my friends here are CA refugees what couldn't afford a $million for a doublewide in SB. its just that all that is a house payment most places. not that i wouldn't rather be renting, equity sliding south lo these last years
"If The Fool persists in his Folly he will become wise." - William Blake
  • #29,896
  • Oct 28, 2011 4:02pm Oct 28, 2011 4:02pm
Quoting The Fool
naw i know - most of my friends here are CA refugees what couldn't afford a $million for a doublewide in SB. its just that all that is a house payment most places. not that i wouldn't rather be renting, equity sliding south lo these last years
Ya it's pretty insane... But I
Can't leave cuz my clients are all here... Unfortunaltey I still suck to hard at trading to make a career out of it...
  • #29,897
  • Oct 28, 2011 9:22pm Oct 28, 2011 9:22pm
Quoting kill56
true it was the fib from 149 i think and it might shoot for the %50 and dont forget fiber love %23
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eur-usd daily fibs 10-28-11.gif Size: 22 KB
Click to Enlarge Name: 266 h1 10-27-11 crab target of 4072 has reached.gif Size: 24 KB
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #29,898
  • Oct 29, 2011 12:17am Oct 29, 2011 12:17am
Quoting kill56
and most of hedge funds managers are talking about 12500 eur by the end of the year
this s&p one targeted 1292.95 we got to 1292.50.. so it may not be over. but if it does come back just like the aj gu eu .. it may be the top (Dt). this one like the others is so close its hard say.. this one shows 100% completion. so the pair has done what it set out to achieve, now it has to make a new plan.. either continue or reverse. i show it as a mofu.. but its actually complete.. the completion does become a mofu.. notice the supports respected and the closes at levels also.. its the same with the others. we can go either direction.. but at those 100% and 50% levels toward the direction came from is the better r/r.. simply because the levels are unbroken... the risk is the break.. plus a few.
the aj using this level method did hit the target +1 pip. the others are so close maybe we did complete the targets. we are so close.
i tried to post earlier.. but had a power outage.

tried to post an s&p chart.. but unable atm
those who can, do. those who cant, talk about those who can
  • #29,899
  • Oct 29, 2011 12:24am Oct 29, 2011 12:24am
Quoting gatorinla
this s&p one targeted 1292.95 we got to 1292.50.. so it may not be over. but if it does come back just like the aj gu eu .. it may be the top (Dt). this one like the others is so close its hard say.. this one shows 100% completion. so the pair has done what it set out to achieve, now it has to make a new plan.. either continue or reverse. i show it as a mofu.. but its actually complete.. the completion does become a mofu.. notice the supports respected and the closes at levels also.. its the same with the others. we can go either direction.....
here it is s&p
Attached Image (click to enlarge)
Click to Enlarge Name: oil.PNG Size: 29 KB
those who can, do. those who cant, talk about those who can
  • #29,900
  • Oct 29, 2011 3:13am Oct 29, 2011 3:13am
thursday and friday's daily ranges...
Attached Image
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