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The Really Useless Thread

  • #40,341
  • Dec 14, 2011 9:08am Dec 14, 2011 9:08am
Quoting Larseg
hehe,
You might remember I was a little crazy. It kinda worked out all right but too much stress. Now all I do is look for reasons not to take a trade...

If I can't find any, then I trade..
  • #40,342
  • Dec 14, 2011 9:09am Dec 14, 2011 9:09am
Yay for consolidation on the 15m...

I have 2969 as the southside trigger, and 2997 as the long side trigger.
  • #40,343
  • Dec 14, 2011 9:10am Dec 14, 2011 9:10am
Quoting kenfen69
That Dixie chart doesn't bode well for anything, other than the obvious...which, ironically, doesn't bode well for the dollar, really.

You know what I find interesting..? Lets face it...for the last few months, there has been nothing but mass manipulation propping the Euro up. I thought it was going to go off a cliff...and maybe...stop for a breath at 1.20...but now: Its getting there...bit by bit...kind of like a coffee peculator...drip...drip, drip. Been a couple sharp falls, but not mass-hysteria selling.

So why now? If "they" didn't...
e banks need liquidity. they are selling assets. many assets to foreign investors. at cheap prices. each sale requires those sales to come back to the e bank. in doing this the euro is bought to bring the cash home. these sales prop up the euro just enough to maintain the slow decline. as those sales slow, we fall. as those sales slow the assets sold to foreign investors become cheaper. at some point the money waiting for the price to drop enough will jump in. until then we fall. why pay more for something you can buy cheaper in the future. it will fall on its on, until enough of that money jumps in. excluding gov/cb intervention.
those who can, do. those who cant, talk about those who can
  • #40,344
  • Dec 14, 2011 9:12am Dec 14, 2011 9:12am
well, it was fun... not as fun as if it would have to the tp, though.

green pips, A

Quoting attila
You might remember I was a little crazy. It kinda worked out all right but too much stress. Now all I do is look for reasons not to take a trade...

If I can't find any, then I trade..
dreams do come true.
  • #40,345
  • Dec 14, 2011 9:14am Dec 14, 2011 9:14am
Quoting USD-Bear
don't know, bounce is really due, but somehow I keep thinking we have to wait for something around 1.2860 (old USD-top)
I'm telling you...if that very level gives way...there will be NO Christmas...there will be no encore...there will be no desert...there will be NO orgy, Lars...there goes your dream of being tea-bagged!!!

I kid, I kid. I'm sure it wouldn't be that bad...but if 2860 goes...26xx/25xx should be on deck very, very quickly. 2860 will be an acceleration point, me thinks.
  • #40,346
  • Dec 14, 2011 9:18am Dec 14, 2011 9:18am
Quoting wannaberich
well, it was fun... not as fun as if it would have to the tp, though.

green pips, A
I agree but take a look at this. e/u, h1... Can I go long? No because it just flipped from long to short at 1.30. Can I go short ? No because it never broke 1.2959. It just sits between that flipped level and the swing low. Any trade here would be a gamble as there's no confirmation atm. So I just sit, goofing around on this site.

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  • #40,347
  • Dec 14, 2011 9:18am Dec 14, 2011 9:18am
before getting there. i sometime questions the validity of sl at be...
dreams do come true.
  • #40,348
  • Dec 14, 2011 9:18am Dec 14, 2011 9:18am
Quoting attila
I didn't know Medvedev was that short. He's like a little Terrier in there.... LOL.
Funny...the UBER wealthy never seem small/short. Look at Bunga Bunga, too!
  • #40,349
  • Dec 14, 2011 9:23am Dec 14, 2011 9:23am
Quoting kenfen69
Funny...the UBER wealthy never seem small/short. Look at Bunga Bunga, too!
Yeah, he's right down there with Sarky, but wider... Too funny, Napoleon was taller than all the three of them...
  • #40,350
  • Dec 14, 2011 9:26am Dec 14, 2011 9:26am
on my 1h i could only long with a close above 1.3250.

anyway it was a risky trade (i have basically 2 types of entries on my sytem: riskier ones are double touches at the opposite limit of the fork; these are countertrend trades and i do them only if i have a decent cam level to support in this gu case it was weekly L6. low risk are the trades when the channel gets violated (or rapped) and we close outside the trend channel).

anyways, i had 30 for the day could risk 10 off a double touch.

just to be clear i didn't take it just because i was bored, mate.

green pips

Quoting attila
I agree but take a look at this. e/u, h1... Can I go long? No because it just flipped from long to short at 1.30. Can I go short ? No because it never broke 1.2959. It just sits between that flipped level and the swing low. Any trade here would be a gamble as there's no confirmation atm. So I just sit, goofing around on this site.

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dreams do come true.
  • #40,351
  • Dec 14, 2011 9:28am Dec 14, 2011 9:28am
Aussie 1 minute - noticed very snappy PA here - would be surprised if it breaks it
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  • #40,352
  • Dec 14, 2011 9:29am Dec 14, 2011 9:29am
Quoting attila
You might remember I was a little crazy. It kinda worked out all right but too much stress. Now all I do is look for reasons not to take a trade...

If I can't find any, then I trade..

If I have a position longer than 1 hour its a big chance it wont work out...

dinner time
  • #40,353
  • Dec 14, 2011 9:29am Dec 14, 2011 9:29am
Not a problem. We all have our reasons and many times they are opposite, all right or all wrong in the same time. The only thing we can control is the risk and our own mind...


It's just that I've became much more conservative as of late. Part of my journey I guess...

Quoting wannaberich
on my 1h i could only long with a close above 1.3250.

anyway it was a risky trade (i have basically 2 types of entries on my sytem: riskier ones are double touches at the opposite limit of the fork; these are countertrend trades and i do them only if i have a decent cam level to support in this gu case it was weekly L6. low risk are the trades when the channel gets violated (or rapped) and we close outside the trend channel).

anyways, i had 30 for the day could risk 10 off a double touch.

just to be clear i didn't take it just because i...
  • #40,354
  • Dec 14, 2011 9:32am Dec 14, 2011 9:32am
Crude Oil Inventories ++ not that forecast but still ok ++ .
do what doing then .often mislead though .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #40,355
  • Dec 14, 2011 9:34am Dec 14, 2011 9:34am
Quoting gatorinla
...as those sales slow, we fall. as those sales slow the assets sold to foreign investors become cheaper. at some point the money waiting for the price to drop enough will jump in. until then we fall. why pay more for something you can buy cheaper in the future. it will fall on its on, until enough of that money jumps in. excluding gov/cb intervention.
Definitely makes sense, g-man.

That bit in bold has been a bit of a wild card for a few months, though...so its tough to know where we really are. The ECB, the IMF, the SNB and their peg...the US guv; all have had their hands in there. That doesn't even include courtesy (begging) calls to China and Japan to...please (give us some money or were fakked...and you probably will be, too) buy some of our "fantastic yielding" bonds.

It'll go where its going to go, I suppose...as ever...never in a straight line.

Lets find a bounce!
  • #40,356
  • Dec 14, 2011 9:38am Dec 14, 2011 9:38am
Quoting attila
Yeah, he's right down there with Sarky, but wider... Too funny, Napoleon was taller than all the three of them...
And like the rest of them...Napolean ALSO had syphilis!
  • #40,357
  • Dec 14, 2011 9:39am Dec 14, 2011 9:39am
as we sit 1.326 seems easily plausible......
  • #40,358
  • Dec 14, 2011 9:40am Dec 14, 2011 9:40am
Quoting kenfen69
And like the rest of them...Napolean ALSO had syphilis!
yuk...yuk
  • #40,359
  • Dec 14, 2011 9:40am Dec 14, 2011 9:40am
Quoting kenfen69
And like the rest of them...Napolean ALSO had syphilis!
Shite...blacked-out Russian, French and Italian cars just pulled up outside my place...I don't think they're here for breakfast.

I gotta roll!
  • #40,360
  • Dec 14, 2011 9:43am Dec 14, 2011 9:43am
Quoting needpips
yuk...yuk
Hehe...couldn't help it. Felt like a David Letterman moment.
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