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The Really Useless Thread

  • #43,301
  • Dec 29, 2011 4:47am Dec 29, 2011 4:47am
Quoting gatorinla
i doubt we will bounce much if the news is usd positive. but a break here is bullish.. but even bullish ones pullback. many times 50% + of the move before. to cross is a bullish b/o... that dont mean it will not pull back first. not always but many times
it broke... half the move is 2994... but i think 2998 is indicated. i also like 3014/30 up to the recent 31xx high w/o a break.. from the current low u can figure 330 plus whatever a bounce would bring. as a lower target. the box is in the 50% area. nothing says we have to go there. but many times we do. going to the 82.xx target has about a 80% odds.. the more we pullback the greater the reward, the less the risk. waiting is like making 50% more money and risking 50% less. many times you can wait beyond the 50%.

the eu is bearish with a db that needs breaking. the usdx indicates it will be broken with a 300+ move lower. since its a 12 month old db it needs respect. a bounce is normal. a few hundred pips is nothing.
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those who can, do. those who cant, talk about those who can
  • #43,302
  • Dec 29, 2011 4:47am Dec 29, 2011 4:47am
morning bastards,

don't see any signs of a coming pull-back, vote for a visit directly towards 10134 level

USDOLLAR H4:

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Don't be a hero. Don't have an ego. Always question yourself
  • #43,303
  • Dec 29, 2011 4:56am Dec 29, 2011 4:56am
Quoting USD-Bear
morning bastards,

don't see any signs of a coming pull-back, vote for a visit directly towards 10134 level

USDOLLAR H4:

Attachment
Bastid.

What chart is that, Bear? Me confoooosed by the price scale on the right. Can't be USDX. Almost looks like oil with shifted decimal places.
  • #43,304
  • Dec 29, 2011 4:58am Dec 29, 2011 4:58am
covering my aussie for +125 pips here i dont care if she breaks lower... cash is cash in this thin market... ill reshort if it presents itself for a leg lower
  • #43,305
  • Dec 29, 2011 4:59am Dec 29, 2011 4:59am
Quoting Wulfgar
dude its gotta get taken out

when things get this close to major lows the odds are they will get tested
it prob wont now it heard u thanks for nothing
  • #43,306
  • Dec 29, 2011 4:59am Dec 29, 2011 4:59am
Quoting kenfen69
Well...its gotten slaughtered for a $2 drop in oil over the last two days. If oil rising shot GBP up at the same rate, the run from $92 to $102 should have put GU at about $1.70. Ooops. Ah well...I'm sure the Brits really don't mind. Winning the race to the bottom is where its at these days.
its bouncing off resistance. it wants 106.04.. i dont know what it will do.. 106.04 is normally a 80% trade. if it goes to 106 it will slow the eu drop. this is what screwed my long last week.
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those who can, do. those who cant, talk about those who can
  • #43,307
  • Dec 29, 2011 4:59am Dec 29, 2011 4:59am
Quoting kenfen69
Bastid.

What chart is that, Bear? Me confoooosed by the price scale on the right. Can't be USDX. Almost looks like oil with shifted decimal places.
USDOLLAR Index compares with USDX use it because it's available on my platform
Don't be a hero. Don't have an ego. Always question yourself
  • #43,308
  • Dec 29, 2011 5:08am Dec 29, 2011 5:08am
Quoting kenfen69


WTF did you do to the market? Can't a guy step out for a little saxxo for a couple of days in peace without the dramaz?
lol just closed my aussie short bro

i think it will break lower but at the same id rather add that to the account equity rather than risk the profit on another bounce...

always can reenter
  • #43,309
  • Dec 29, 2011 5:12am Dec 29, 2011 5:12am
Quoting fxjawn
lol just closed my aussie short bro

i think it will break lower but at the same id rather add that to the account equity rather than risk the profit on another bounce...

always can reenter
+125 is a solid day's work, brother!

Rinse, repeat, rich!
  • #43,310
  • Dec 29, 2011 5:13am Dec 29, 2011 5:13am
Quoting USD-Bear
USDOLLAR Index compares with USDX use it because it's available on my platform
Ah ok...cool. I don't have it available on any of my brokers/platforms. Price scale was throwing me off.

Cheers mate...got get'em!
  • #43,311
  • Dec 29, 2011 5:14am Dec 29, 2011 5:14am
Quoting kenfen69
+125 is a solid day's work, brother!

Rinse, repeat, rich!
lol yes bro... plus it just does not look like its ready for a leg lower yet...with that said it should sell off another 100 pips now lol
  • #43,312
  • Dec 29, 2011 5:15am Dec 29, 2011 5:15am
Quoting gatorinla
its bouncing off resistance. it wants 106.04.. i dont know what it will do.. 106.04 is normally a 80% trade. if it goes to 106 it will slow the eu drop. this is what screwed my long last week.
Few more days of war games from Iran in the Straits of Hormuz. A couple more warnings to approaching/taunting western helicopters could see your 106.04 print pretty quick.
  • #43,313
  • Dec 29, 2011 5:17am Dec 29, 2011 5:17am
Quoting fxjawn
lol yes bro... plus it just does not look like its ready for a leg lower yet...with that said it should sell off another 100 pips now lol
Yeah sure...why not? May as well go give parity a good old poking and prodding!

How was the pudding...aka...gravy boats?
  • #43,314
  • Dec 29, 2011 5:22am Dec 29, 2011 5:22am
Quoting kenfen69
Few more days of war games from Iran in the Straits of Hormuz. A couple more warnings to approaching/taunting western helicopters could see your 106.04 print pretty quick.
i had 106 w/o iran... 110/111 on the outer edge. this would cripple the fragile economy. so i would definitely look to short the gfp or euro if we got there. 2873 was the old low..
those who can, do. those who cant, talk about those who can
  • #43,315
  • Dec 29, 2011 5:23am Dec 29, 2011 5:23am
Gold trying a bounce off 1524. Low enough so far to trip stops on September lows of 1532.50
  • #43,316
  • Dec 29, 2011 5:23am Dec 29, 2011 5:23am
closed my silly botty pick just in the green on bounce to 2912..

rumour of options barrier @ 850 maybe gunning for that if true, italian bonds non event imo...
  • #43,317
  • Dec 29, 2011 5:24am Dec 29, 2011 5:24am
Quoting kenfen69
Yeah sure...why not? May as well go parity a good old poking and prodding!

How was the pudding...aka...gravy boats?
bro amazing where have these things been my whole life...

my grandma is part irish too wtf...
  • #43,318
  • Dec 29, 2011 5:25am Dec 29, 2011 5:25am
Quoting fxjawn
bro amazing where have these things been my whole life...

my grandma is part irish too wtf...
so is my grandpa...
  • #43,319
  • Dec 29, 2011 5:26am Dec 29, 2011 5:26am
Quoting gatorinla
i had 106 w/o iran... 110/111 on the outer edge. this would cripple the fragile economy. so i would definitely look to short the gfp or euro if we got there.
She's unraveling at the seams...that would definitely be a back breaker! Almost a sure call for war! Nothing jumps starts an economy like one of those! With the right propaganda machine firing on all cylinders, can be great for presidential ratings, too!
  • #43,320
  • Dec 29, 2011 5:27am Dec 29, 2011 5:27am
Quoting FibbinArchie
so is my grandpa...
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