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The Really Useless Thread

  • #37,621
  • Dec 1, 2011 8:32am Dec 1, 2011 8:32am
Quoting chazzle
also see a kind of cup+handle - would not rule out 550 to the downside 440 385 325 lets see what ism says
that would void it.
nice I cup on the weekly. - the handle
those who can, do. those who cant, talk about those who can
  • #37,622
  • Dec 1, 2011 8:37am Dec 1, 2011 8:37am
Quoting auxesis
A quick question of help and clarity for a crotchety, old senile bastard like myself.

Mofu? Is that an acronym for some trading term or an abbreviation for the obvious?

regards
It's ok , yes.it's age old gator invention of some sorts of conditions related to 50% fibs correction 'mother fucking ' & me use at random whenever a trouble specially 5th extension .
anyway I see 50% fibs also there & bull set up having most unreliable d wave down now to turn around next ,, may be 3459,43 or 18 whatever .
fontu
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #37,623
  • Dec 1, 2011 8:39am Dec 1, 2011 8:39am
Quoting gatorinla
that would void it.
nice I cup on the weekly. - the handle
never even thought about inverted c&h before

my scalp triggered , let's see
  • #37,624
  • Dec 1, 2011 8:40am Dec 1, 2011 8:40am
Quoting chazzle
also see a kind of cup+handle - would not rule out 550 to the downside 440 385 325 lets see what ism says

got a long scalp pending asia swing high close on the hour
was looking like this before the intervention
Attached Image (click to enlarge)
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those who can, do. those who cant, talk about those who can
  • #37,625
  • Dec 1, 2011 8:42am Dec 1, 2011 8:42am
3469 is the mid fro the bull bar this morning...
Look Sharp/Trade Tight
  • #37,626
  • Dec 1, 2011 8:43am Dec 1, 2011 8:43am
Quoting chazzle
my scalp triggered , let's see
in and out quick 480 could obv. be r now
  • #37,627
  • Dec 1, 2011 8:44am Dec 1, 2011 8:44am
3499, last hours mid..
Look Sharp/Trade Tight
  • #37,628
  • Dec 1, 2011 8:49am Dec 1, 2011 8:49am
Quoting chazzle
never even thought about inverted c&h before

my scalp triggered , let's see
been watching it for months. the aj came within pips of the 80 % odds of it happening 2 months ago. it indicated 2008 drop X 2.... it has pulled back.. but on the day chart the pullback is a handle. so if it drops. it may be a steady one with little retrace. like a handle usually does on the spring back.
those who can, do. those who cant, talk about those who can
  • #37,629
  • Dec 1, 2011 8:51am Dec 1, 2011 8:51am
long some SP.

as long as we dont fall back below the grey line. took me long enough after the open.

Attached Image (click to enlarge)
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  • #37,630
  • Dec 1, 2011 8:51am Dec 1, 2011 8:51am
3489 is this mornings s/r
those who can, do. those who cant, talk about those who can
  • #37,631
  • Dec 1, 2011 8:54am Dec 1, 2011 8:54am
Quoting fontu
It's ok , yes.it's age old gator invention of some sorts of conditions related to 50% fibs correction 'mother fucking ' & me use at random whenever a trouble specially 5th extension .
anyway I see 50% fibs also there & bull set up having most unreliable d wave down now to turn around next ,, may be 3459,43 or 18 whatever .
fontu
Thanks.
  • #37,632
  • Dec 1, 2011 8:57am Dec 1, 2011 8:57am
Quoting gatorinla
the aj came within pips of the 80 % odds of it happening 2 months ago. it indicated 2008 drop X 2....
wouldn't that have put the mofo below 0 ? but I do see I C&H played out there - the handle mid-late AUG , then drop in SEP 1000 pips?
  • #37,633
  • Dec 1, 2011 9:03am Dec 1, 2011 9:03am
short USOil @ 101
Don't be a hero. Don't have an ego. Always question yourself
  • #37,634
  • Dec 1, 2011 9:08am Dec 1, 2011 9:08am
Quoting chazzle
wouldn't that have put the mofo below 0 ? but I do see I C&H played out there - the handle mid-late AUG , then drop in SEP 1000 pips?
if it happens. it will not be seen till after. but the potential is there. if you take out the crap about the e financial problems and its there. with the reality the the worlds gdp is up 4%. at the same time worlds debt is up 11%. then the ecb is gonna fuck the fed because its over. the ecb backs up the loans. who backs up the ecb?
Attached Image (click to enlarge)
Click to Enlarge Name: gbp 1.PNG Size: 30 KB
those who can, do. those who cant, talk about those who can
  • #37,635
  • Dec 1, 2011 9:12am Dec 1, 2011 9:12am
3520 going to hold?
  • #37,636
  • Dec 1, 2011 9:15am Dec 1, 2011 9:15am
Quoting USD-Bear
short USOil @ 101
collected 25 (nervous)
Don't be a hero. Don't have an ego. Always question yourself
  • #37,637
  • Dec 1, 2011 9:17am Dec 1, 2011 9:17am
another long S&P 1249. have to go now. its a particularly close stop, so may not find it when I get back.
  • #37,638
  • Dec 1, 2011 9:17am Dec 1, 2011 9:17am
Quoting darimik
another long S&P 1249. have to go now. its a particularly close stop, so may not find it when I get back.
Does feel like we are starting to get near a decision point.
  • #37,639
  • Dec 1, 2011 9:20am Dec 1, 2011 9:20am
Quoting Venice
3520 going to hold?
nope
  • #37,640
  • Dec 1, 2011 9:22am Dec 1, 2011 9:22am
watching/short scalping for it back to 3467/62 to decide breaks or bounce .
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
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