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The Really Useless Thread

  • #35,101
  • Nov 21, 2011 8:51pm Nov 21, 2011 8:51pm
Quoting needpips
Well...went long 1.35.....
very frequently no trade is the very best trade...just sayin...good luck tho...i think there's upside potential too...i just tend to wait til thibgs are moving a bit more...maybe when Dubai/Moscow come online...or maybe Istanbul...gawd what a grind....
"If The Fool persists in his Folly he will become wise." - William Blake
  • #35,102
  • Nov 21, 2011 9:14pm Nov 21, 2011 9:14pm
There is something cooking on AUDUSD on daily and weekly, Inverse h&S ... might push euro up aswell.

Hmm sidelines but its 04:00 in the morning right now so ill check lateron
  • #35,103
  • Nov 21, 2011 10:35pm Nov 21, 2011 10:35pm
morning..
Look Sharp/Trade Tight
  • #35,104
  • Nov 21, 2011 10:40pm Nov 21, 2011 10:40pm
we can keep crying over a 5 m or a week chart. i mentioned this a few months back about being on the edge. with a chance to fall well below 2008 levels. the aud is commodities. the yen is your stock markets. together they represent both combined. agree disagree, whatever. this trend has not wavered yet. we got to the edge and pulled back, as we do against any true s/r area for a new attempt. if it breaks is unknown atm.. the odds are greater then 50/50 we will break. a new low increases odds to about 80%, to get to 2008 levels.. i will post that one next.
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those who can, do. those who cant, talk about those who can
  • #35,105
  • Nov 21, 2011 10:46pm Nov 21, 2011 10:46pm
Quoting gatorinla
we can keep crying over a 5 m or a week chart. i mentioned this a few months back about being on the edge. with a chance to fall well below 2008 levels. the aud is commodities. the yen is your stock markets. together they represent both combined. agree disagree, whatever. this trend has not wavered yet. we got to the edge and pulled back, as we do against any true s/r area for a new attempt. if it breaks is unknown atm.. the odds are greater then 50/50 we will break. a new low increases odds to about 80%, to get to 2008 levels.. i will post that...
same chart. different target. just below 2008 low min.
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those who can, do. those who cant, talk about those who can
  • #35,106
  • Nov 21, 2011 10:58pm Nov 21, 2011 10:58pm
Quoting gatorinla
same chart. different target. just below 2008 low min.
if above happens.. that 2008 low break on that weekly chart. puts a month chart on the table. the new low breaks an old db.. i cant believe this one. but it basically says Armageddon. i was unable to place it on a chart completely. but the mid is there.
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those who can, do. those who cant, talk about those who can
  • #35,107
  • Nov 21, 2011 11:00pm Nov 21, 2011 11:00pm
3485 is yest/mid...3480 is the swing low mid off the daily, which is still live..also going to use 3530 and 3442 again today..
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Look Sharp/Trade Tight
  • #35,108
  • Nov 21, 2011 11:30pm Nov 21, 2011 11:30pm
monthly/weekly levels...3420 last weeks low and a monthly Q level, a break of it opens a chance for 3329, which is also in line with a few other levels...
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Look Sharp/Trade Tight
  • #35,109
  • Nov 21, 2011 11:33pm Nov 21, 2011 11:33pm
mornin ptl. you buyin or sellin?
"If The Fool persists in his Folly he will become wise." - William Blake
  • #35,110
  • Nov 21, 2011 11:38pm Nov 21, 2011 11:38pm
Quoting The Fool
mornin ptl. you buyin or sellin?
morning brother, doing nothing now, little early, I am bearish, looking for that lower 33xx area, but should I see some strong hourly bar though 3530, will have to turn bullish...you?
Look Sharp/Trade Tight
  • #35,111
  • Nov 21, 2011 11:50pm Nov 21, 2011 11:50pm
Quoting PayTheLimit
morning brother, doing nothing now, little early, I am bearish, looking for that lower 33xx area, but should I see some strong hourly bar though 3530, will have to turn bullish...you?
need to see some action. Europe is not actually on fire tho, so a eur rally is probable. I'd like to see one anyway, and then short it as the risk assets get sold before the long us weekend. so yeah...i'm clueless. long e/u right now tho from .3479 .. prolly get a pip there..
"If The Fool persists in his Folly he will become wise." - William Blake
  • #35,112
  • Nov 22, 2011 12:02am Nov 22, 2011 12:02am
apple anyone?
490 in the future? possible bounce soon
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those who can, do. those who cant, talk about those who can
  • #35,113
  • Nov 22, 2011 12:21am Nov 22, 2011 12:21am
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those who can, do. those who cant, talk about those who can
  • #35,114
  • Nov 22, 2011 1:04am Nov 22, 2011 1:04am
Quoting gatorinla
apple anyone?
490 in the future? possible bounce soon
you got a fresh chopper chart...
Look Sharp/Trade Tight
  • #35,115
  • Nov 22, 2011 1:14am Nov 22, 2011 1:14am
Quoting The Fool
need to see some action. Europe is not actually on fire tho, so a eur rally is probable. I'd like to see one anyway, and then short it as the risk assets get sold before the long us weekend. so yeah...i'm clueless. long e/u right now tho from .3479 .. prolly get a pip there..
nice buy, that 3476/85 zone definately one to note for today...
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Look Sharp/Trade Tight
  • #35,116
  • Nov 22, 2011 1:14am Nov 22, 2011 1:14am
Quoting PayTheLimit
you got a fresh chopper chart...
3541 to target 3651 or 3428 for 3318 +
s or L the risk.. or play the bounce after b/o to the target.
those who can, do. those who cant, talk about those who can
  • #35,117
  • Nov 22, 2011 1:17am Nov 22, 2011 1:17am
good morning,

still no break, added long AU @ 0.9840 last night

USDOLLAR M15:
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Don't be a hero. Don't have an ego. Always question yourself
  • #35,118
  • Nov 22, 2011 1:19am Nov 22, 2011 1:19am
frankie workin his magic...

watchin a few oddball pairs today... CADJPY has my interest as oil keeps falling... 73.81 is a major support level Im playing on a little larger TF's... building a position for a test of the ATL's down at 68ish
  • #35,119
  • Nov 22, 2011 1:20am Nov 22, 2011 1:20am
Quoting gatorinla
3541 to target 3651 or 3428 for 3318 +
s or L the risk.. or play the bounce after b/o to the target.
thnks..
Look Sharp/Trade Tight
  • #35,120
  • Nov 22, 2011 1:22am Nov 22, 2011 1:22am
Quoting PayTheLimit
you got a fresh chopper chart...
3523.8 may be R
those who can, do. those who cant, talk about those who can
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