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The Really Useless Thread

  • #32,281
  • Nov 9, 2011 1:15pm Nov 9, 2011 1:15pm
Quoting Venice
Well, we did finally close above a previous swing high, albeit barely. 1.35538. But, just as soon as that happened, selling pressure has stepped back in again. Lets see if the 5m has any demand this time around.
never tested yet.. 3510/14.. on a bigger tf. st formation suggested 3503 but with 3510 still unmolested im looking to sell a decent bounce. a bounce up to 3608 keeps 3503 still on target.
as bearish as it is .. who knows how high. 3581 3603 3638 3680 3697.. a pretty wide area.. just depends on 3510/14
those who can, do. those who cant, talk about those who can
  • #32,282
  • Nov 9, 2011 1:20pm Nov 9, 2011 1:20pm
Hi guys,

hope all is right there...

I went only to say that we're probably at a turning point.
Personally, I'am
Long on EURUSD @ 3527
Long on GBPUSD @ 5914
Long on Eurostoox @ 2211
The best thing that can happen to you is to find out where you're wrong.
  • #32,283
  • Nov 9, 2011 1:26pm Nov 9, 2011 1:26pm
Quoting The Fool

I don't see any answers in the blurbs for Italy.....
We have to be ready for the plethora of political announcements from the EZ in the next few days. I have been elaborating my next view for the EZ debt. One of the weakest links in the EZ was the lack of fiscal union and common bond markets because of the disparities between its members.

Ironically, all the bonds collapse etc is setting up a very leveled playing field for the mid term. Instead of convergence to the lows they are all converging to the highs (except Greece which doesn't fit in any scale) and the urgency of collapse is leaving Germany (France is out that league now) and the other bunch (majority) of v solid others with the only option to push for furhter integration (fiscal consolidation) or die.

The closer the EZ get to collapse the higher and clearer the options for the opposite...Whatever the case, the decision will be political and it can be done sooner and easier that we expect...we'll see

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #32,284
  • Nov 9, 2011 1:34pm Nov 9, 2011 1:34pm
Quoting sisse
Entry will be a bitch plus we have overnight reports that will make the play but out of my time. Also week almost closing tomorrow as most of Europe (except the UK) and US are closed on Friday...

sisse
bastards never make it easy, a level I like lower is 9859 also...I'll have to work on my charts in the morning a bit more...
Look Sharp/Trade Tight
  • #32,285
  • Nov 9, 2011 1:35pm Nov 9, 2011 1:35pm
Quoting sisse
One of the weakest links in the EZ was the lack of fiscal union and common bond markets because of the disparities between its members.

The closer the EZ get to collapse the higher and clearer the options for the opposite...Whatever the case, the decision will be political and it can be done sooner and easier that we expect...we'll see
"never let a good crisis go to waste", so they say, and the boards have been rife with the conspiracy theorists for months saying the crisis has been a slow orchestrated dance to precipitate the further "integration" ...or loss of sovereignty...of the EZ member states. Anyway, seems inevitable now.

"shit happens" so "deal with it" and "whatever doesn't kill you makes you stronger" are the 90's catch phraese that also come to mind....
"If The Fool persists in his Folly he will become wise." - William Blake
  • #32,286
  • Nov 9, 2011 1:43pm Nov 9, 2011 1:43pm
Quoting The Fool
"never let a good crisis go to waste", so they say, and the boards have been rife with the conspiracy theorists for months saying the crisis has been a slow orchestrated dance to precipitate the further "integration" ...or loss of sovereignty...of the EZ member states. Anyway, seems inevitable now.

"shit happens" so "deal with it" and "whatever doesn't kill you makes you stronger" are the 90's catch phraese that also come to mind....
Well said....if the EZ doesn't collapse in the current circumstances we wont see it in our live time as traders...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #32,287
  • Nov 9, 2011 1:44pm Nov 9, 2011 1:44pm
Quoting sisse
Well said....if the EZ doesn't collapse in the current circumstances we wont see it in our live time as traders...

sisse
I just want it to collapse or sustain. This is old by about 3 years now. heh
  • #32,288
  • Nov 9, 2011 2:00pm Nov 9, 2011 2:00pm
Got my levels...done here...GL all trading overnight...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #32,289
  • Nov 9, 2011 2:01pm Nov 9, 2011 2:01pm
nite all, and good luck, PTL...
Look Sharp/Trade Tight
  • #32,290
  • Nov 9, 2011 2:03pm Nov 9, 2011 2:03pm
Quoting sisse
Well said....if the EZ doesn't collapse in the current circumstances we wont see it in our live time as traders...

sisse
i guess gdp going down in most of the 17 has no bearing.
those who can, do. those who cant, talk about those who can
  • #32,291
  • Nov 9, 2011 2:13pm Nov 9, 2011 2:13pm
Quoting Venice
I just want it to collapse or sustain. This is old by about 3 years now. heh
theres a chance
Inserted Video
those who can, do. those who cant, talk about those who can
  • #32,292
  • Nov 9, 2011 2:15pm Nov 9, 2011 2:15pm
Quoting Driver55
Hi guys,

hope all is right there...

I went only to say that we're probably at a turning point.
Personally, I'am
Long on EURUSD @ 3527
Long on GBPUSD @ 5914
Long on Eurostoox @ 2211
target?
those who can, do. those who cant, talk about those who can
  • #32,293
  • Nov 9, 2011 2:22pm Nov 9, 2011 2:22pm
another hit for banks and stocks.. munis take a hit?
they filed for bankruptcy
largest in history i think.. for a county

wheres the blond chick?
http://www.businessweek.com/news/201...gislature.html
those who can, do. those who cant, talk about those who can
  • #32,294
  • Nov 9, 2011 2:50pm Nov 9, 2011 2:50pm
Long 3530....
  • #32,295
  • Nov 9, 2011 2:56pm Nov 9, 2011 2:56pm
Whatever it's worth....

H4:
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Don't be a hero. Don't have an ego. Always question yourself
  • #32,296
  • Nov 9, 2011 3:00pm Nov 9, 2011 3:00pm
L 3522.x
those who can, do. those who cant, talk about those who can
  • #32,297
  • Nov 9, 2011 3:05pm Nov 9, 2011 3:05pm
Quoting gatorinla
L 21
nice entry....3514 was my num....pulled a lil early
  • #32,298
  • Nov 9, 2011 3:09pm Nov 9, 2011 3:09pm
Quoting needpips
nice entry....3514 was my num....pulled a lil early
i pulled at 21.. looked back and it gave me 3522..
those who can, do. those who cant, talk about those who can
  • #32,299
  • Nov 9, 2011 4:27pm Nov 9, 2011 4:27pm
A bit confused by the big drop overnight (as yall see, hehe, rookie start)
Out now +20

might leave this bomb until London open...
any readings for this guys?
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  • #32,300
  • Nov 9, 2011 4:28pm Nov 9, 2011 4:28pm
Neckline of the bastard pattern is taken in daily perspective. Wave wise.. c wave, it will most likely drop equal the distance of initial drop from 4240, at least, imo.
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