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The Really Useless Thread

  • #29,901
  • Edited 5:02am Oct 29, 2011 3:18am | Edited 5:02am
Quoting samdani786
i think when new, significant, fundamental information gets priced in, such as the eurozone deal, it kinda trumps the near term technical levels...
  • #29,902
  • Oct 29, 2011 3:42pm Oct 29, 2011 3:42pm
Quoting FibbinArchie
i think when new, significant, fundamental information gets priced in, such as the eurozone deal, it kinda trumps the near term technical levels...
yes, but there is more to discussion than just thinking aloud. Another factor is the interrelating of our ideas with those of others- the accomodation of our own schemas to theirs to enable us to assimilate their ideas; and the explanation of our ideas to them to enable them to assimilate our ideas to their schemas. Both are demanding, in diferenct ways.
The Thief of Wall Street
  • #29,903
  • Oct 29, 2011 4:31pm Oct 29, 2011 4:31pm
Quoting FibbinArchie
thursday and friday's daily ranges...
ROTFLMAO
  • #29,904
  • Oct 29, 2011 5:45pm Oct 29, 2011 5:45pm
Quoting Chicky
yes, but there is more to discussion than just thinking aloud. Another factor is the interrelating of our ideas with those of others- the accomodation of our own schemas to theirs to enable us to assimilate their ideas; and the explanation of our ideas to them to enable them to assimilate our ideas to their schemas. Both are demanding, in diferenct ways.
well i put the concept out there chicky, which implicitly invites a challenge, you're the first to respond..
  • #29,905
  • Oct 29, 2011 5:45pm Oct 29, 2011 5:45pm
Quoting auxesis
ROTFLMAO
  • #29,906
  • Oct 30, 2011 1:04am Oct 30, 2011 1:04am
Quoting FibbinArchie
i think when new, significant, fundamental information gets priced in, such as the eurozone deal, it kinda trumps the near term technical levels...
True... But the problem is the fundamental info Turned out to be insignificant... Or insufficient rather... I think even the slowest trader realizes that(I know that because I am among the slowest)...

I think the meatgrinder this week of Econ data highlighted by draghi's first press conference is going to determine the real direction over the mid term of the euro... I wouldn't be surprised to see a surprise rate cut.... Let's not forget draghi's past at Goldman... He has to owe some
Favors to his old cronies on accommodating money flow even more to feed the machine a lil while longer...
  • #29,907
  • Oct 30, 2011 1:20am Oct 30, 2011 1:20am
Quoting Wulfgar
I think the meatgrinder this week of Econ data highlighted by draghi's first press conference is going to determine the real direction over the mid term of the euro... I wouldn't be surprised to see a surprise rate cut.... Let's not forget draghi's past at Goldman... He has to owe some
Favors to his old cronies on accommodating money flow even more to feed the machine a lil while longer...
Not so fast. Big Ben is gonna hatch more QE on 11/2. The race to the bottom....holy shit...really could end at the bottom.

I thought it was just an expression.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #29,908
  • Oct 30, 2011 1:50am Oct 30, 2011 1:50am
Quoting Wulfgar
True... But the problem is the fundamental info Turned out to be insignificant... Or insufficient rather... I think even the slowest trader realizes that(I know that because I am among the slowest)...

I think the meatgrinder this week of Econ data highlighted by draghi's first press conference is going to determine the real direction over the mid term of the euro... I wouldn't be surprised to see a surprise rate cut.... Let's not forget draghi's past at Goldman... He has to owe some
Favors to his old cronies on accommodating money flow even more...
yeah agree to an extent, but i was referring strictly to the short term, which was stated in my initial post, the initial knee jerk, actually from the subsequent ny open was so powerful that it caused a 384 pip day, it did eventually find resistance at a significant long term technical level, but only after a strong momentum mega trend..
  • #29,909
  • Oct 30, 2011 11:58am Oct 30, 2011 11:58am
Quoting The Fool
Not so fast. Big Ben is gonna hatch more QE on 11/2. The race to the bottom....holy shit...really could end at the bottom.

I thought it was just an expression.
Ya ur right.... And considering the EU is like 70% USD... Up up up we go

I'm not really a fan of more MBS mega purchases by the fed. Seems like all it will do is take more toxic debt off the banks and let them off the hook easier for giving out predatory loans.... As well as drop intrest rates even lower which in turn will make getting a loan even more impossible for 90% of people who need them the most whereas the extremely wealthy will be able to scoop up property for shekles and refi what they already have causing an even larger redistribution of wealth from the middle and
Lower class to the upper..

Excuse me while I go David carradine myself..
  • #29,910
  • Oct 30, 2011 12:14pm Oct 30, 2011 12:14pm
Quoting FibbinArchie
yeah agree to an extent, but i was referring strictly to the short term, which was stated in my initial post, the initial knee jerk, actually from the subsequent ny open was so powerful that it caused a 384 pip day, it did eventually find resistance at a significant long term technical level, but only after a strong momentum mega trend..
Ya man... That's why I was sayin someone wake
Me up after we either hit 1.3044 or 1.4911... This thing really is a turd
  • #29,911
  • Oct 30, 2011 12:41pm Oct 30, 2011 12:41pm
Quoting Wulfgar
Ya man... That's why I was sayin someone wake
Me up after we either hit 1.3044 or 1.4911... This thing really is a turd
If one is looking for 400 to 500 pips, longs are the best bet.
The Thief of Wall Street
  • #29,912
  • Oct 30, 2011 12:43pm Oct 30, 2011 12:43pm
hey junkiessssssssssssss

hope u all had a fucked up sexy joyble weekend

i know i am not smart but what i see unless we close in h1 or h4 above 4250 we are going back to 1300's , thats dump i know
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  • #29,913
  • Edited 1:19pm Oct 30, 2011 12:45pm | Edited 1:19pm
dammmmmmmmmmmmm

xe 141000 now

4095


141550 now crazy

4136 now

upshitt


4127

gu 6113
  • #29,914
  • Edited 2:03pm Oct 30, 2011 1:48pm | Edited 2:03pm
Quoting kill56
hey junkiessssssssssssss

hope u all had a fucked up sexy joyble weekend

i know i am not smart but what i see unless we close in h1 or h4 above 4250 we are going back to 1300's , thats dump i know
So it is going to test 4250 & in that case likely breaks as actually 4222 broken & 4250 tested (46) to 4280,4315-4370 tl providing which level it may retrace now , broken 4149 to back 4133& if breaks again then limit goes down much lower 4037 but likely 3992 before up further . I see 2 waves 4 corrections around 3992 & 3976 weekly/mnothly TL pullback to try hard again & so ranging likely or as far as it can take , very strong motive up cam limit the ranging otherwise if any doubt take more or less full range like 4037-3992 to 4250-4370.
So open all platform to have the real price to deal with , will see only next morning though .will buy at lows still .thanks ,
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #29,915
  • Oct 30, 2011 2:55pm Oct 30, 2011 2:55pm
Quoting kill56
hey junkiessssssssssssss

hope u all had a fucked up sexy joyble weekend

i know i am not smart but what i see unless we close in h1 or h4 above 4250 we are going back to 1300's , thats dump i know
i don't think the pattern favors south. consolidation after a big move usually favors previous move.
  • #29,916
  • Oct 30, 2011 3:03pm Oct 30, 2011 3:03pm
Quoting pkimnyc
i don't think the pattern favors south. consolidation after a big move usually favors previous move.
Also, h4 hasn't had a close below a prev swing low since the 18th. Zoinks.

H4 right now needs a close below 4133 to even open up a leg down. Bullish sob we have here.
  • #29,917
  • Oct 30, 2011 3:53pm Oct 30, 2011 3:53pm
FMSL
  • #29,918
  • Oct 30, 2011 4:15pm Oct 30, 2011 4:15pm
Quoting Venice
Also, h4 hasn't had a close below a prev swing low since the 18th. Zoinks.

H4 right now needs a close below 4133 to even open up a leg down. Bullish sob we have here.
didnt u hear? Europe is saved!!!
  • #29,919
  • Edited 5:12pm Oct 30, 2011 4:15pm | Edited 5:12pm
Quoting kill56
hey junkiessssssssssssss

hope u all had a fucked up sexy joyble weekend

i know i am not smart but what i see unless we close in h1 or h4 above 4250 we are going back to 1300's , thats dump i know
i hope 4253 so i can get the good r/r. if it cant break it before u.s. open it will be even harder with s/p already against r... if not u.s. open needs a catalyst to rise. at that point w/o new momentum ill take the better r/r button with a s.. ..
those who can, do. those who cant, talk about those who can
  • #29,920
  • Oct 30, 2011 4:20pm Oct 30, 2011 4:20pm
Im not trading this week

holy crap the news docket is an absolute warzone...

Im takin some vacation time... bbiaw to shoot the bodies
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