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The Really Useless Thread

  • #38,281
  • Dec 5, 2011 2:00am Dec 5, 2011 2:00am
Quoting gatorinla
all you need is 3395 for a start.
my FF consensus indicator in early trading has everyone tryin to jump in this sucker long...

which effectively makes me short biased in this thing....

lookin for it to turn and take a crap somewhere between here and 351xish

on the dailys its lookin like its making its hump before a larger drop into the 1.2's

So just doin the usual... watchin the news wires, keepin an eye on perpetually rising Bond yields, and waiting for either the ole USofA taxpayers to unwillingly make tons of European politicians and bankers filthy rich or Germany to say Fuck you to the ECB and watch the ECB flounder in a copius amount of monetary easing as it goes about its death throes
  • #38,282
  • Dec 5, 2011 2:04am Dec 5, 2011 2:04am
Quoting sisse
Morning.

Probably the last "real" week of trading. EZ in full control this week until the meeting. So far (last 2 years) it hasn't gone wrong in buy the rumor sell the news....

Sharp turn in Italian bonds after they announced the plan and can trigger decent spiral down in the bond side. The outlook TA is clearly pointing to at least a pullback wave in the weekly. The obvious 1.343x is the only one holding bulls. Levels I am aiming 1.354x an above is lots of air to final 1.378x (v. open for this week)

Not interested at all in short at these...
Sisse... cant argue with any of this...

I have to actually see major FA and a major TA close over 3728ish to change my longer term bias on this pair...

I read that FT article too... pretty crazy stuff they are talking about with major players pulling out early and licking their wounds cuz they were caught off guard by the strength of the Euro....
  • #38,283
  • Dec 5, 2011 2:13am Dec 5, 2011 2:13am
Quoting Wulfgar
Sisse... cant argue with any of this...

I have to actually see major FA and a major TA close over 3728ish to change my longer term bias on this pair...

I read that FT article too... pretty crazy stuff they are talking about with major players pulling out early and licking their wounds cuz they were caught off guard by the strength of the Euro....
Sure mate...There is a huge difference from a pullback to bull territory...and we are just flirting to start a pullback so first the first....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #38,284
  • Dec 5, 2011 2:15am Dec 5, 2011 2:15am
Quoting Chicky
Circled charts
thanks..
Look Sharp/Trade Tight
  • #38,285
  • Dec 5, 2011 2:17am Dec 5, 2011 2:17am
Quoting chazzle
Did you make the same style chart?

Strong s 188/192 - DP ,WP H4 SC. 220 challenge
indeed, its a daily mid chart mostly...orange are the weekly Q's...
Attached Image (click to enlarge)
Click to Enlarge Name: chart3.gif Size: 15 KB
Look Sharp/Trade Tight
  • #38,286
  • Dec 5, 2011 2:27am Dec 5, 2011 2:27am
last hours mid..3426ish..
Attached Image (click to enlarge)
Click to Enlarge Name: chart3.gif Size: 15 KB
Look Sharp/Trade Tight
  • #38,287
  • Dec 5, 2011 2:27am Dec 5, 2011 2:27am
Quoting PayTheLimit
indeed, its a daily mid chart mostly...orange are the weekly Q's...
cool -will do my own after hours. How are those Qs respected?
  • #38,288
  • Dec 5, 2011 2:29am Dec 5, 2011 2:29am
Quoting chazzle
cool -will do my own after hours. How are those Qs respected?
monthlies in the Euro get some decent respect...even after the month is over, this weekend I had an idea about how to qualify a method to recycle them, even after a month is over...still working on that...lol..
Look Sharp/Trade Tight
  • #38,289
  • Dec 5, 2011 2:31am Dec 5, 2011 2:31am
Quoting PayTheLimit
monthlies in the Euro get some decent respect...
and going from your previous eu chart - better to project from the real body rather than the wicks?
  • #38,290
  • Dec 5, 2011 2:35am Dec 5, 2011 2:35am
eyes on eu 455/60 the mid of friday swing - the asia low , close on the h

420/440 a stick in the mud
  • #38,291
  • Dec 5, 2011 2:42am Dec 5, 2011 2:42am
Quoting chazzle
and going from your previous eu chart - better to project from the real body rather than the wicks?
well I have only done a little work with the real bodies, and the projected +150% and -150% are decent levels, on yearly and monthly TF's, but the problem is that you dont always have a good sized workable real body, ie you get a doji or something...
Look Sharp/Trade Tight
  • #38,292
  • Dec 5, 2011 2:45am Dec 5, 2011 2:45am
Quoting chazzle
eyes on eu 455/60 the mid of friday swing - the asia low , close on the h
lets see what its made of
  • #38,293
  • Dec 5, 2011 2:47am Dec 5, 2011 2:47am
Quoting chazzle
lets see what its made of
indeed, if the manage a good close on the hour, might open up a leg towards the highs...might have to take a flyer..
Look Sharp/Trade Tight
  • #38,294
  • Dec 5, 2011 2:50am Dec 5, 2011 2:50am
Quoting PayTheLimit
indeed, if the manage a good close on the hour, might open up a leg towards the highs...might have to take a flyer..
thursday low , close on the h 448 to boot
  • #38,295
  • Dec 5, 2011 2:50am Dec 5, 2011 2:50am
3503, the swing high close from friday..
Look Sharp/Trade Tight
  • #38,296
  • Dec 5, 2011 2:53am Dec 5, 2011 2:53am
480 WTF wednesday swing high close on the h
  • #38,297
  • Dec 5, 2011 2:54am Dec 5, 2011 2:54am
23 - estimated number of peanut m&ms in one packet - could be way out
  • #38,298
  • Edited 3:24am Dec 5, 2011 2:56am | Edited 3:24am
eu & gu played well so far near their imaginary limit for bears levels to start bear direct or with another humps around 3434 +21+12 eu & 5600 gu & breakout go real down though, probable 5th failure with d top now or mofu top as near 50% fib to try tl or fail both, eu first bo now 3440 .so shorts at top both may to see & watch next developments .may do more ups to tls ok even .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #38,299
  • Dec 5, 2011 2:58am Dec 5, 2011 2:58am
Quoting chazzle
23 - estimated number of peanut m&ms in one packet - could be way out

lol, nice will put my SL just below there...
Look Sharp/Trade Tight
  • #38,300
  • Dec 5, 2011 2:59am Dec 5, 2011 2:59am
G M junkiesssss

still selll the rallies unless we close above 13570's

the same dam play with 3440 -20

we need some good or bad news to over come this shitt

lets see if Dec 9th will do any thing

oh still on the dam phone
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