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The Really Useless Thread

  • #38,841
  • Dec 7, 2011 5:35am Dec 7, 2011 5:35am
Quoting darimik
just briefly stopping by.. holiday time for me. not really a holiday, but not trading..
nice kid, enjoy..
Look Sharp/Trade Tight
  • #38,842
  • Dec 7, 2011 5:38am Dec 7, 2011 5:38am
Quoting sisse
No news/reports today in a "thin" market so tweets will rule (TA in general) and US can open the lows of the range just to tease (early bulls trap) and test the under waters for later.
euro is looking pretty snakebit and takes little to talk it down, random tweets produce a selloff but good news has to be quite juicy to move it up. pretty much a crapshoot - if you are on the right side of a tweet you can score big or viceversa.

the only place i see pa behaving is in a tight quiescent range and i look to scalp those for small pips while covering my ass with leadplate, tired of gettin it shot off.. otherwise wait for big news or maybe get a job somewhere. fat chance been looking for a year ...
"If The Fool persists in his Folly he will become wise." - William Blake
  • #38,843
  • Dec 7, 2011 5:39am Dec 7, 2011 5:39am
Quoting chazzle
kinda passed already with a eu long at 380 sl 350
E/C just hanging...
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Look Sharp/Trade Tight
  • #38,844
  • Dec 7, 2011 5:46am Dec 7, 2011 5:46am
Quoting PayTheLimit
9158 is a big daily level for me, have anything down that way?
No doubt on that 0.915x but there are still very strong levels below. We have last breakout (with a very strong bull move) and weekly/daily S combo at 0.881x.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #38,845
  • Dec 7, 2011 5:47am Dec 7, 2011 5:47am
Quoting chazzle
kinda passed already with a eu long at 380 sl 350
which I just binned for a scalp - back to waiting/smoking ...
  • #38,846
  • Dec 7, 2011 5:50am Dec 7, 2011 5:50am
Quoting sisse
No doubt on that 0.915x but there are still very strong levels below. We have last breakout (with a very strong bull move) and weekly/daily S combo at 0.881x.

sisse
I have 8826 down that way...
Look Sharp/Trade Tight
  • #38,847
  • Dec 7, 2011 5:51am Dec 7, 2011 5:51am
Quoting chazzle
which I just binned for a scalp - back to waiting/smoking ...
25pairs is a lot...
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Look Sharp/Trade Tight
  • #38,848
  • Dec 7, 2011 5:53am Dec 7, 2011 5:53am
Quoting PayTheLimit
25pairs is a lot...
5 minutes per chart on a sunday - then set alarms
  • #38,849
  • Dec 7, 2011 5:55am Dec 7, 2011 5:55am
Quoting chazzle
5 minutes per chart on a sunday - then set alarms
or 3hours in the bar after NY closes, daily...
Look Sharp/Trade Tight
  • #38,850
  • Dec 7, 2011 5:58am Dec 7, 2011 5:58am
Had this drawn on CHFJ chart from ages ago ...
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  • #38,851
  • Dec 7, 2011 6:00am Dec 7, 2011 6:00am
Quoting chazzle
Had this drawn on CHFJ chart from ages ago ...
yep..
Look Sharp/Trade Tight
  • #38,852
  • Dec 7, 2011 6:03am Dec 7, 2011 6:03am
PTL = Lunch
Look Sharp/Trade Tight
  • #38,853
  • Dec 7, 2011 6:10am Dec 7, 2011 6:10am
Quoting AaronWard
Hey Sisse,

A couple of questions.

1. What is the "external adjustment" the article refers to?
2. How is the EFSF functionally different from Eurobonds? I mean, the EFSF issue bonds sold to the public which are backed by the joint promise of a variety of Euro governments. Further, these bonds are used to purchase debt of European governments.
get with the program. you pay the 3 % credit card that you cant afford today, with the new 5% credit card. and so on. meanwhile each day new people retire and less youngsters take their place. so your cost constantly rise with your cc bill interest rate. so to solve the problem as many here post. they get another cc at a variable rate. the design of the cc is.. they never get paid off. the rates are variable. and as credit rating erodes so does the amount owed. there's a point of no return.
the average guy pays his bills with earned money. when you cant pay your bills w/o borrowing it. the future is certain. when your bills and your cost go up each day the time shortens.
as an investor would you loan a guy with cc problems money (like above)?
if not, the bond buyers are also slowing buying. they were doing this before the rate cut threat.
in the end the guy with the cc problems goes bankrupt and since this guy is a multi trillionair and anyone reliant on the crumbs will be sadly disappointed.
just like in 2008 a place like Iceland, a distance away will pay for decades. the difference here is those owners of the bad debt are the so called rich E investors. such as the broke German cities/ pension funds ect.

reality just takes a while to sink in.
those who can, do. those who cant, talk about those who can
  • #38,854
  • Dec 7, 2011 6:23am Dec 7, 2011 6:23am
Quoting gatorinla
get with the program. you pay the 3 % credit card that you cant afford today, with the new 5% credit card. and so on. meanwhile each day new people retire and less youngsters take their place. so your cost constantly rise with your cc bill interest rate. so to solve the problem as many here post. they get another cc at a variable rate. the design of the cc is.. they never get paid off. the rates are variable. and as credit rating erodes so does the amount owed. there's a point of no return.
the average guy pays his bills with earned money. when...
I am not sure how this description of a negative debt cycle is a response to my questions...

the key thing you are missing is that the trillionair owns a printing press and can and probably will use it some time before they come for his furniture. Printing press has the additional bonus that you only have to print half of what you owe because inflation will take care of the rest.

Also, the key problem is not debt, it is reliance on two key assumptions. The first assumption is that the economy will continue to grow by 2% every year. The second assumption is that the maximum life expectancy of a recession is two 2 years.
Kill the ego, or it will kill the mission.
  • #38,855
  • Dec 7, 2011 6:25am Dec 7, 2011 6:25am
hey junkies back to shitty room

did i miss any thing

still the same shitt buy high sell low

will the 9th save their ass's who knows

one for the road


nice range to play with
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  • #38,856
  • Dec 7, 2011 6:30am Dec 7, 2011 6:30am
G still testing

added rsx div to it
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  • #38,857
  • Dec 7, 2011 6:30am Dec 7, 2011 6:30am
I took a risk.....put a huge sl on a SH I held overnight.....I speculated 344o it went a little higher.... SH from 3410... had an entry at 1.35 too.... thinking I may close and sh again around 1.34.......
  • #38,858
  • Dec 7, 2011 6:37am Dec 7, 2011 6:37am
and they told me:

"Benk zem pipz"

i did.
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dreams do come true.
  • #38,859
  • Dec 7, 2011 6:39am Dec 7, 2011 6:39am
didn't i?

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dreams do come true.
  • #38,860
  • Dec 7, 2011 6:41am Dec 7, 2011 6:41am
Quoting wannaberich
and they told me:

"Benk zem pipz"

i did.
well done

hit and run cash in the green and fuck merkozy
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