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The Really Useless Thread

  • #40,261
  • Dec 14, 2011 7:30am Dec 14, 2011 7:30am
Quoting kenfen69
Really well, mate...long time no see.

You well? How's the bank? And the pizza?

Staying local for Christmas?
Im fine .... bank going n going... pretty boring though :-P ... pizza still doing its job

didnt get holiday around christmas ... = staying local and gonna work.. yipyip

u?
Hero calls followed by margin calls...
  • #40,262
  • Dec 14, 2011 7:32am Dec 14, 2011 7:32am
Quoting Venice
It looks like the 5m has been compressing all night long too. Buyers every step of the way.
Somebody(s) is about to get their arses handed to them!

Easy run down through those that thought...no way! Now plenty are probably thinking the same about north...no way! Was going to go in around 2980...didn't. My books are closed and I'm happy enough with that.

Tough time of year to trade...really is. Not because your skills(?) may be wrong...but because price can be pushed (overshoot) well beyond where it may normally get to.

I've often heard in these types of conditions...reduce your exposure (lots)...widen your stops. Very true. If you're going to play...play safe.
  • #40,263
  • Dec 14, 2011 7:33am Dec 14, 2011 7:33am
Quoting PhAnTi'
whats ur take guys ?

pretty major demand, audusd below 1.0000 again.... guess i gonna try a long here for swing, 1.3300 tg , odds should be ok...

please gimme some heads up

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  • #40,264
  • Dec 14, 2011 7:34am Dec 14, 2011 7:34am
Quoting kill56
hot n horny
For eva!

  • #40,265
  • Dec 14, 2011 7:37am Dec 14, 2011 7:37am
Quoting attila
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you dont like the target, do you? ;-p
Hero calls followed by margin calls...
  • #40,266
  • Dec 14, 2011 7:37am Dec 14, 2011 7:37am
Quoting kenfen69
I've often heard in these types of conditions...reduce your exposure (lots)...widen your stops. Very true. If you're going to play...play safe.
true dat. I have been playing around 20% of normal size but still up on 3% cuz i'm so badass
"If The Fool persists in his Folly he will become wise." - William Blake
  • #40,267
  • Dec 14, 2011 7:42am Dec 14, 2011 7:42am
Quoting PhAnTi'
you dont like the target, do you? ;-p
Not saying... It's just that it's caught between demand and that pin down. 3300 would invalidate it, but then what's the point? Looking at weekly, demand might prevail.. Either way, I would not long with that pin above my order... As of now, daily looks like an inside bar, so it can stall here, but the day is young... Not trying to talk you out of it, just my reasons I would not long here, because there's no confirmation either way.
  • #40,268
  • Dec 14, 2011 7:42am Dec 14, 2011 7:42am
Quoting PhAnTi'
you dont like the target, do you? ;-p
my first long tp is 3260....got longs and holding
  • #40,269
  • Dec 14, 2011 7:43am Dec 14, 2011 7:43am
Quoting kenfen69
Somebody(s) is about to get their arses handed to them!

Easy run down through those that thought...no way! Now plenty are probably thinking the same about north...no way! Was going to go in around 2980...didn't. My books are closed and I'm happy enough with that.

Tough time of year to trade...really is. Not because your skills(?) may be wrong...but because price can be pushed (overshoot) well beyond where it may normally get to.

I've often heard in these types of conditions...reduce your exposure (lots)...widen your stops. Very true....
Yep. You've got it. When the big boys aren't around to defend levels, it's drifty as hell. The good news is that if we truly are compressing downwards, we should have cleared out a good portion of the supply on the way down. All we need them to do is start taking profit and letting the buyers step in.

But of course, the closest stops are just below now...

H1 still says bearish, and the 5m MAY have just turned.
  • #40,270
  • Dec 14, 2011 7:45am Dec 14, 2011 7:45am
Quoting The Fool
true dat. I have been playing around 20% of normal size but still up on 3% cuz i'm so badass
Crazy Foo! I pity the foo that mess with...wait...is that working?

That IS badass, mofo! Doing the yewrow...or pulling from elsewhere? Plenty on the go today...just had to commit...and buckle up!

Nicely done!
  • #40,271
  • Dec 14, 2011 7:46am Dec 14, 2011 7:46am
Quoting attila
Not saying... It's just that it's caught between demand and that pin down. 3300 would invalidate it, but then what's the point? Looking at weekly, demand might prevail.. Either way, I would not long with that pin above my order... As of now, daily looks like an inside bar, so it can stall here, but the day is young... Not trying to talk you out of it, just my reasons I would not long here, because there's no confirmation either way.
thanks for the comment.... lets c
Hero calls followed by margin calls...
  • #40,272
  • Dec 14, 2011 7:46am Dec 14, 2011 7:46am
Quoting Venice
Yep. You've got it. When the big boys aren't around to defend levels, it's drifty as hell. The good news is that if we truly are compressing downwards, we should have cleared out a good portion of the supply on the way down. All we need them to do is start taking profit and letting the buyers step in.

But of course, the closest stops are just below now...

H1 still says bearish, and the 5m MAY have just turned.
Just had a long signal, optimal buying spot is 2993. Risk is 2986. The closer the better.
  • #40,273
  • Dec 14, 2011 7:53am Dec 14, 2011 7:53am
Quoting kenfen69
What do you have sub 30...solid like?

Its going to be hit...Frankfurting bastards may make sure of that. Too close now!

See anything momentum-wise that may spell follow-through?
sorry man went to bed. 3056 bounce is a place i would look. this thing dont bounce much.. so i may be asking too much. 3043 would be in the same area. atm the low of 2964 till 3043 and 3056 mids are 3003.5 and 3010.. the bounce to 3003.5 seems to agree with 3043. 3043 is the mid point to a 2875 target using the 4h.
if u take the 3043 one and figure the mid to 2875 and 2959 is the #.. add mofu deviation and there is the bounce.
those who can, do. those who cant, talk about those who can
  • #40,274
  • Dec 14, 2011 7:54am Dec 14, 2011 7:54am
Quoting kenfen69
Hehehe...at least they're there.

No matter how much later we want to quote...they're date-stamped!

Say...aren't you late for your next reply? You should start thinking about it now!

still better than old cock

i mean old quant.. ops..
  • #40,275
  • Dec 14, 2011 7:54am Dec 14, 2011 7:54am
Quoting Venice
Just had a long signal, optimal buying spot is 2993. Risk is 2986. The closer the better.
Funny time of year!

Why not 2930...or 2875ish for shits, stops and giggles?
  • #40,276
  • Dec 14, 2011 7:57am Dec 14, 2011 7:57am
Quoting Larseg
still better than old cock

i mean old quant.. ops..
Oi...see that quote from gator just above yours? That was seven hours ago!!!

Date stamped out the hoo-ha now!
  • #40,277
  • Dec 14, 2011 7:57am Dec 14, 2011 7:57am
plopp
  • #40,278
  • Dec 14, 2011 7:58am Dec 14, 2011 7:58am
Quoting kenfen69
Oi...see that quote from gator just above yours? That was seven hours ago!!!

Date stamped out the hoo-ha now!

hehe, gator.. good ol useless bastard...
  • #40,279
  • Dec 14, 2011 7:59am Dec 14, 2011 7:59am
Germany's Merkel: Euro Bonds Would Be A Mistake, No Solution For Crisis
  • #40,280
  • Dec 14, 2011 8:00am Dec 14, 2011 8:00am
Quoting Larseg
Germany's Merkel: Euro Bonds Would Be A Mistake, No Solution For Crisis


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