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The Really Useless Thread

  • #34,121
  • Nov 17, 2011 12:48am Nov 17, 2011 12:48am
Quoting The Fool
its a gimme. shanghai & nikkei look to close green, oil still above $102, us stock futures green, the market wants to get freaky, ecb will shore up the junk, i'm looking to long entry below .3500, want .3550+


...in @be .3498 but prolly won't stick...we'll see if big hands come in...bet they do...right after they stop me out...bastrds
mine came close to the be stop now 20 pips out of the way...

if they stop u just reenter fuck it
  • #34,122
  • Nov 17, 2011 12:52am Nov 17, 2011 12:52am
Quoting fxjawn
if they stop u just reenter fuck it
stopped +10. Frankie often too volatile to try to start a position in, better just scalp & fatten the bag, prolly look for something to stick last part of Frank or around LO. I'm like you I get sick of the BE stopout bullshit yo I need to get paid
"If The Fool persists in his Folly he will become wise." - William Blake
  • #34,123
  • Nov 17, 2011 12:53am Nov 17, 2011 12:53am
good moaning, profit taking, short squeeze overnight? 550 gonna hold?..

what's frankie up to??

Inserted Video
  • #34,124
  • Nov 17, 2011 12:55am Nov 17, 2011 12:55am
Quoting The Fool
stopped +10. Frankie often too volatile to try to start a position in, better just scalp & fatten the bag, prolly look for something to stick last part of Frank or around LO. I'm like you I get sick of the BE stopout bullshit yo I need to get paid
cool im in +22 ill just let it take me at BE if it wants...
  • #34,125
  • Nov 17, 2011 1:15am Nov 17, 2011 1:15am
Morning all.


Market doing it's wonderful tricks as usual...
Getting it right is NOT as important as not getting it wrong.
  • #34,126
  • Nov 17, 2011 1:22am Nov 17, 2011 1:22am
gm,

short USOil @ 102.75

M15:
Attached Image (click to enlarge)
Click to Enlarge Name: Picture0221.jpg Size: 90 KB
Don't be a hero. Don't have an ego. Always question yourself
  • #34,127
  • Nov 17, 2011 1:27am Nov 17, 2011 1:27am
Quoting fxswing
Morning all.


Market doing it's wonderful tricks as usual...
morning, 3day range, you use a new range each day, correct?
Attached Image (click to enlarge)
Click to Enlarge Name: chart1.gif Size: 23 KB
Look Sharp/Trade Tight
  • #34,128
  • Nov 17, 2011 1:29am Nov 17, 2011 1:29am
Quoting The Fool
its a gimme. shanghai & nikkei look to close green, oil still above $102, us stock futures green, the market wants to get freaky, ecb will shore up the junk, i'm looking to long entry below .3500, want .3550+


...in @be .3498 but prolly won't stick...we'll see if big hands come in...bet they do...right after they stop me out...bastrds
I have been mentioning in the the thread the last few weeks that the only thing holding bull territory is Europe.

The bonds markets are getting a lot more more serious this week. Italy 10yrs is comfortably at 7s, Spain in all time highs and with or without ECB intervening it looks it will test those no way back 7s before elections. Belgium is trading at Italian/Spanish level only 3 week ago !!! and French (and even Austria !!!) are going to enter in the range and break highs to the incredible 4!!!!.

This is NOT sustainable for more than a couple of week. Germany yesterday was in denial (it has become a norm this year) thinking that everything was not that good but fixed. If it weren't for those good numbers in the US the euro charts should have blown down (it has panic for much less before.

This is gonna blow very soon if politicians or ECB don't create new expectations to at least stop the bleeding. Is not only the Euro that is going to blow is the the whole European economy and financial sectors....

we'll see..meanwhile indexes a lot better behave this week...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #34,129
  • Nov 17, 2011 1:36am Nov 17, 2011 1:36am
Quoting sisse
I have been mentioning in the the thread the last few weeks that the only thing holding bull territory is Europe.

The bonds markets are getting a lot more more serious this week. Italy 10yrs is comfortably at 7s, Spain in all time highs and with or without ECB intervening it looks it will test those no way back 7s before elections. Belgium is trading at Italian/Spanish level only 3 week ago !!! and French (and even Austria !!!) are going to enter in the range and break highs to the incredible 4!!!!.

This is NOT sustainable for more than a couple...
umm... Bullish!!!

JK...

i been watching the same things in the Bond Markets... Scary Scary stuff...

the questiuon is how far will the ECB go in bolstering the bond auctions? Vigilantes are goin hog wild driving up sovereign yields... with 100 Bond auctions left will Draghi and the boys take decisive action and show they are not to be fucked with?

If not... look out below....
  • #34,130
  • Nov 17, 2011 1:39am Nov 17, 2011 1:39am
Quoting PayTheLimit
morning, 3day range, you use a new range each day, correct?
Yep, each day you take the previous 3 days for the range.
Getting it right is NOT as important as not getting it wrong.
  • #34,131
  • Nov 17, 2011 1:50am Nov 17, 2011 1:50am
Quoting Wulfgar
umm... Bullish!!!

JK...

i been watching the same things in the Bond Markets... Scary Scary stuff...

the questiuon is how far will the ECB go in bolstering the bond auctions? Vigilantes are goin hog wild driving up sovereign yields... with 100 Bond auctions left will Draghi and the boys take decisive action and show they are not to be fucked with?

If not... look out below....
They still have more room even without Germany support as the EZ economy is entering negative territory and inflation is far from being an issue. However, without Germany giving the go ahead and allowing the ECB to "print" money and with the rest of the EZ banking sector going down the drain it will only increase the ECB toxic holdings in the long run and not calm anything (as we have seen the ECB bond purchasing has become less and less effective).

TA made a confirmed turn up intraday against FA in NY and TK session but now we have a panic level on the break 1.342x. I personally have shorted 1.354x levels 3 times since last week and all of them have ended up with less than crumbs. Today shorting Frank and London is still the play on daily and up charts but is against intrday (h4) direction....

GL bro today.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #34,132
  • Nov 17, 2011 2:00am Nov 17, 2011 2:00am
short 3477, risk the highs, pay 3350 on em...fuck the ECB...
Look Sharp/Trade Tight
  • #34,133
  • Nov 17, 2011 2:03am Nov 17, 2011 2:03am
Quoting USD-Bear
gm,

short USOil @ 102.75

M15:
Attachment
closed +2 no rejection as expected
Don't be a hero. Don't have an ego. Always question yourself
  • #34,134
  • Nov 17, 2011 2:04am Nov 17, 2011 2:04am
Back in swing long at 1.3473 with 30 pips stops below 1.3443 for now.

Will tighten the stops again on a sustained breach of 1.3518 (will let no room for this market to cream me).

First and only test for today to establish a position, and even probably for the week if stopped again.

Will post parameters and charts later if not stopped quickly...
Getting it right is NOT as important as not getting it wrong.
  • #34,135
  • Nov 17, 2011 2:04am Nov 17, 2011 2:04am
last hours mid...3491, yesterdays mid 3492...offer a few more at 90...
Look Sharp/Trade Tight
  • #34,136
  • Nov 17, 2011 2:08am Nov 17, 2011 2:08am
Quoting PayTheLimit
short 3477, risk the highs, pay 3350 on em...fuck the ECB...
i think its the old frakie fake....she came back to visit without kenny
  • #34,137
  • Nov 17, 2011 2:09am Nov 17, 2011 2:09am
filled...
Look Sharp/Trade Tight
  • #34,138
  • Nov 17, 2011 2:09am Nov 17, 2011 2:09am
Quoting fxjawn
i think its the old frakie fake....she came back to visit without kenny
bastards, looks like it
Look Sharp/Trade Tight
  • #34,139
  • Nov 17, 2011 2:12am Nov 17, 2011 2:12am
Quoting PayTheLimit
short 3477, risk the highs, pay 3350 on em...fuck the ECB...
added, short 84ish, sl upper 24ish...
Look Sharp/Trade Tight
  • #34,140
  • Nov 17, 2011 2:12am Nov 17, 2011 2:12am
morning !
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