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The Really Useless Thread

  • #40,761
  • Dec 15, 2011 2:24pm Dec 15, 2011 2:24pm
Quoting kill56


Chiquita!

Fakking killer!
  • #40,762
  • Dec 15, 2011 2:26pm Dec 15, 2011 2:26pm
I hate forex

What a crock this market is... Shitloads of positive EZ production data which were str8 up lies... Corzine And other MF global execs opening Pandoras box of all the rehypothecation massive fraud and theft that all the major insolvent banks are doing throughout the world via the UK.... TIPS down... US increasingly decoupling from Europe... Market soars on a shit Spanish bond auction...

How the hell there even is a
Market these days is beyond me...
  • #40,763
  • Dec 15, 2011 2:27pm Dec 15, 2011 2:27pm
Hi Kenfy!
  • #40,764
  • Dec 15, 2011 2:37pm Dec 15, 2011 2:37pm
Quoting Wulfgar
I hate forex

What a crock this market is... Shitloads of positive EZ production data which were str8 up lies... Corzine And other MF global execs opening Pandoras box of all the rehypothecation massive fraud and theft that all the major insolvent banks are doing throughout the world via the UK.... TIPS down... US increasingly decoupling from Europe... Market soars on a shit Spanish bond auction...

How the hell there even is a
Market these days is beyond me...
Just trade the lines mang. What goes up, comes down, to go up again.
  • #40,765
  • Dec 15, 2011 2:40pm Dec 15, 2011 2:40pm
Quoting Larseg
Hi Kenfy!
  • #40,766
  • Dec 15, 2011 2:44pm Dec 15, 2011 2:44pm
Quoting kenfen69
Which lines are they on your chart?
set it up like shown and they will be on yours.
those who can, do. those who cant, talk about those who can
  • #40,767
  • Dec 15, 2011 2:54pm Dec 15, 2011 2:54pm
Quoting Venice
Just trade the lines mang. What goes up, comes down, to go up again.
I gots lotsa lines to trade

I'm just venting, cuz the stupidity of the market astounds me at times

I'm gonna try to be more positive though and start trading the stupidity more directly.... Ultimately the market actually has to reflect perceived reality right?
  • #40,768
  • Edited 3:40pm Dec 15, 2011 3:07pm | Edited 3:40pm
Quoting Wulfgar
I gots lotsa lines to trade

I'm just venting, cuz the stupidity of the market astounds me at times

I'm gonna try to be more positive though and start trading the stupidity more directly.... Ultimately the market actually has to reflect perceived reality right?
The market reflects the aggregate difference between supply and demand. In our case, contractual supply/demand.

Edit: Better wording, would be the market reflects the difference between aggregate supply and aggregate demand.
  • #40,769
  • Dec 15, 2011 3:36pm Dec 15, 2011 3:36pm
Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 195 KB
  • #40,770
  • Dec 15, 2011 3:40pm Dec 15, 2011 3:40pm
Quoting Wulfgar
I gots lotsa lines to trade

I'm just venting, cuz the stupidity of the market astounds me at times

I'm gonna try to be more positive though and start trading the stupidity more directly.... Ultimately the market actually has to reflect perceived reality right?
at least half of the time it will. dont trade the times it dont.
those who can, do. those who cant, talk about those who can
  • #40,771
  • Dec 15, 2011 3:40pm Dec 15, 2011 3:40pm
Quoting attila
Attachment
been seeing this too. Now an ascending triangle. Yesterdays descending was a fail. lol. This seem to be a bit more reasonable.
  • #40,772
  • Dec 15, 2011 3:51pm Dec 15, 2011 3:51pm
Quoting gatorinla
set it up like shown and they will be on yours.
Was lazy...pub called. Will give it a go later...under the influence. Its actually almost WARM in Toronto...very strange! Cheers all...this one's for you!
  • #40,773
  • Dec 15, 2011 4:04pm Dec 15, 2011 4:04pm
Quoting Wulfgar
Ultimately the market actually has to reflect perceived reality right?
One would hope so, but reality has a habit of escaping common sense...
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #40,774
  • Dec 15, 2011 4:11pm Dec 15, 2011 4:11pm
...then again, perhaps tomorrow will see the S&P downgrade France by two notches, and hence the PA today as the market awaits the Friday afternoon - EST - announcement. Hey, you never know...

http://www.forexfactory.com/showthre...60#post5227660
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #40,775
  • Dec 15, 2011 4:12pm Dec 15, 2011 4:12pm
Quoting attila
Attachment
Scratch that. This more likely.

Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 190 KB
  • #40,776
  • Dec 15, 2011 4:13pm Dec 15, 2011 4:13pm
Quoting Venice
been seeing this too. Now an ascending triangle. Yesterdays descending was a fail. lol. This seem to be a bit more reasonable.
Changed my mind. lol
  • #40,777
  • Dec 15, 2011 4:14pm Dec 15, 2011 4:14pm
Quoting attila
Changed my mind. lol
It's getting close to it's apex... 15m shows 3022 as the top and 3011 as the bottom. Probably not much fireworks with the time of day and all...
  • #40,778
  • Dec 15, 2011 4:18pm Dec 15, 2011 4:18pm
Quoting Venice
It's getting close to it's apex... 15m shows 3022 as the top and 3011 as the bottom. Probably not much fireworks with the time of day and all...
Ehhh, don't know. If my last pic plays out, it's a 90 pips trade. Looking at the other correlated pairs, most are forming pins/inside bars, some sort of reversal patterns on daily.
  • #40,779
  • Dec 15, 2011 4:21pm Dec 15, 2011 4:21pm
Quoting 45Condor
...then again, perhaps tomorrow will see the S&P downgrade France by two notches, and hence the PA today as the market awaits the Friday afternoon - EST - announcement. Hey, you never know...

http://www.forexfactory.com/showthre...60#post5227660
Fairly "nice" International basket of bank downgrades by Fitch today. Most diplomatic of them!
  • #40,780
  • Dec 15, 2011 4:24pm Dec 15, 2011 4:24pm
Seeing that too



Quoting attila
Scratch that. This more likely.

Attachment
Attached Image (click to enlarge)
Click to Enlarge Name: eu1hr.png Size: 29 KB
Disclaimer: Check your 1m charts
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