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The Really Useless Thread

  • #33,401
  • Nov 14, 2011 11:27pm Nov 14, 2011 11:27pm
lol, nice, crazy Kiwi, good luck mate..
Look Sharp/Trade Tight
  • #33,402
  • Nov 14, 2011 11:32pm Nov 14, 2011 11:32pm
5day/10day range chart...
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Look Sharp/Trade Tight
  • #33,403
  • Nov 14, 2011 11:45pm Nov 14, 2011 11:45pm
5 week mid chart...
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Look Sharp/Trade Tight
  • #33,404
  • Nov 15, 2011 12:03am Nov 15, 2011 12:03am
bbl, gl , PTL...
Look Sharp/Trade Tight
  • #33,405
  • Nov 15, 2011 12:12am Nov 15, 2011 12:12am
Quoting Wulfgar
Lol @ jawn: I luv ODB... I think I have a cassette somewhere of him
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"If The Fool persists in his Folly he will become wise." - William Blake
  • #33,406
  • Nov 15, 2011 12:23am Nov 15, 2011 12:23am
Inserted Video
"If The Fool persists in his Folly he will become wise." - William Blake
  • #33,407
  • Nov 15, 2011 1:01am Nov 15, 2011 1:01am
hmm may be lookin for a long on au 1.0170
  • #33,408
  • Nov 15, 2011 1:22am Nov 15, 2011 1:22am
2nd break even day on a row...

have had around 15 of them a year last couple of years
  • #33,409
  • Nov 15, 2011 1:31am Nov 15, 2011 1:31am
If you think of it, warren buffet is the most patient son of a bitch alive...

He have literally been waiting all his life to build equity. Now, after avoiding the tech boom for all those glory years he is actually buying IBM...

For me this is a signal that we are not in a 5 year cycle anymore... It will be interesting to have a look at 2013 though...

There is also no secret that the buy and hold strategy is going out the window: by looking at many hedge funds and normal funds...

Shaved... shaved... and .... shaved...
  • #33,410
  • Nov 15, 2011 1:35am Nov 15, 2011 1:35am
double Q test, perhaps a strong close over 11 opens a chance at 3661/70 again...
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Look Sharp/Trade Tight
  • #33,411
  • Nov 15, 2011 1:42am Nov 15, 2011 1:42am
long 1.0174...!!!!
  • #33,412
  • Nov 15, 2011 1:47am Nov 15, 2011 1:47am
Quoting PayTheLimit
5day/10day range chart...
double Q test here too, well the current 5day is the same as the weekly...
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Look Sharp/Trade Tight
  • #33,413
  • Nov 15, 2011 1:52am Nov 15, 2011 1:52am
Quoting PayTheLimit
double Q test, perhaps a strong close over 11 opens a chance at 3661/70 again...
Morning,

Looking at +/- the same. Is best r/r for longs but is last level to load. Bonds keep making the November fest. Belgium at all time highs and "amazingly" is at Italian/Spanish levels a few months ago. Spain is coming to the headlines soon (plus elections. 10 yrs trading above 6.1!!!.

The convergences to highs is taking place very fast....Eurobonds or eurobonds that probably the last and only alternative.

Lots of numbers today so will not be a calm day intrday. French numbers bad but the key ones this morning come from Germany and those expected very bad GDP in the EZ. Also in cable. Looking for stagflation scenario in key inflation numbers or simply like the rest of the EU in a negative quarter...

GL today...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #33,414
  • Nov 15, 2011 1:56am Nov 15, 2011 1:56am
Quoting sisse
Morning,

Looking at +/- the same. Is best r/r for longs but is last level to load. Bonds keep making the November fest. Belgium at all time highs and "amazingly" is at Italian/Spanish levels a few months ago. Spain is coming to the headlines soon (plus elections. 10 yrs trading above 6.1!!!.

The convergences to highs is taking place very fast....Eurobonds or eurobonds that probably the last and only alternative.

Lots of numbers today so will not be a calm day intrday. French numbers bad but the key ones this morning come from Germany and...

I agree key area here, looks like everyone is watching it...all this bad news and still we sit at 3600, had you told me last month that spain and italy where above 6%, I would have guessed we would be trading 2600...just go's to show, eh?
Look Sharp/Trade Tight
  • #33,415
  • Nov 15, 2011 1:56am Nov 15, 2011 1:56am
very weak retrace exercises, if it comes ok but not trading it, just waiting for proper EU short entry

USDOLLAR M15:
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Don't be a hero. Don't have an ego. Always question yourself
  • #33,416
  • Nov 15, 2011 2:01am Nov 15, 2011 2:01am
Quoting PayTheLimit
double Q test, perhaps a strong close over 11 opens a chance at 3661/70 again...
kinda of a crapish bar for me, time for coffee and smokes...and even a trip to the bathroom...
Look Sharp/Trade Tight
  • #33,417
  • Nov 15, 2011 2:19am Nov 15, 2011 2:19am
Quoting PayTheLimit
I agree key area here, looks like everyone is watching it...all this bad news and still we sit at 3600, had you told me last month that spain and italy where above 6%, I would have guessed we would be trading 2600...just go's to show, eh?
I had discussion a few months ago in FF with one of those extremist anti EU/EZ and anti everything not "pure" (you probably know who) that they are so obsessed that he was losing a lot because he was shorting only because of personal believes not FA or TA....

In any case, then my view was (still is) that even if the EZ collapse it doesn't necessarily mean that we are going to trade to parity because a orderly collapse will force the ECB to set a band to create certainty in the transition process.

Even today, the only reason that euro is not at those 1.26xx is because the moves down are on panic, not sustainable and way to costly (domino effect and panic) to allow it. If the debt short is "cleared", etc, etc and with US out of QE3 and current differentials rates, the euro will fall to those levels in a sustainable downtrend....but not on panic and uncertainty

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #33,418
  • Nov 15, 2011 2:22am Nov 15, 2011 2:22am
Quoting sisse
the euro will fall to those levels in a sustainable downtrend....but not on panic and uncertainty
one way or another she's comin down
"If The Fool persists in his Folly he will become wise." - William Blake
  • #33,419
  • Nov 15, 2011 2:28am Nov 15, 2011 2:28am
Quoting The Fool
one way or another she's comin down
True but the longer it takes the more difficult it will become (or the closer the collapse or "solution"). Look for example, one of the key weakness in the EZ was lack of fiscal union and bond differentials. Markets are tightening those bond differentials (to the highs !!! lol) and panic and urgency are opening the debate and beyond of more fiscal consolidation.

A small trigger like a French downgrade or etc could be enough to trigger collapse or more fiscal consolidation with common bonds (with whatever technicalities they decide in the process) making the "going down" delay for who knows when...

We'll see

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #33,420
  • Nov 15, 2011 2:28am Nov 15, 2011 2:28am
Quoting fxjawn
long 1.0174...!!!!
im out on this... taking to much time to go .. seems not right

not to mention i am a pussy

plus everyone else is saying bearish ... so you win ill give in ill cover... u fukin win im a big fat follower
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