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The Really Useless Thread

  • #43,701
  • Dec 29, 2011 4:52pm Dec 29, 2011 4:52pm
Quoting kenfen69
Non-related, but...

That bounce on the Silver you were expecting was a pretty decent one!
same setup as the euro.. but silver didn't break 2610 yet.. so it has to come back.. after the break i want that bounce shorted. the mid target is 14.xx.. i know it will never get to 2.x.. but when it breaks that is what the techs indicate. ..
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those who can, do. those who cant, talk about those who can
  • #43,702
  • Dec 29, 2011 4:53pm Dec 29, 2011 4:53pm
Quoting fxjawn
u just gonna see how far she goes?
Yeah...little tough to know what's what down here. Been using fib extensions of daily candles. Working so far.
  • #43,703
  • Dec 29, 2011 4:55pm Dec 29, 2011 4:55pm
Quoting kenfen69
You're a glutton for punishment!

What are you going to get...the lipstick and handbags...expansion pack?

you right brother. gotta snap out of this shit. man up.
  • #43,704
  • Dec 29, 2011 4:55pm Dec 29, 2011 4:55pm
Quoting kenfen69
Yeah...little tough to know what's what down here. Been using fib extensions of daily candles. Working so far.
its your own personal glory hole
  • #43,705
  • Dec 29, 2011 5:02pm Dec 29, 2011 5:02pm
Quoting fxjawn
u just gonna see how far she goes?
Daily fib levels off yesterday's candle...

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Would have liked to have seen the -50% hit there...-32% at least. I'll hold that lower one I entered...I have more than enough to cover it from above. Will watch what it does at yesterday's low...and may cut the lot if today's open gives way.

Decent little bounce underway now. Have to see how serious they are about it.
  • #43,706
  • Dec 29, 2011 5:03pm Dec 29, 2011 5:03pm
Quoting fxjawn
its your own personal glory hole
But no homo!
  • #43,707
  • Dec 29, 2011 5:04pm Dec 29, 2011 5:04pm
Quoting gatorinla
same setup as the euro.. but silver didn't break 2610 yet.. so it has to come back.. after the break i want that bounce shorted. the mid target is 14.xx.. i know it will never get to 2.x.. but when it breaks that is what the techs indicate. ..
28.42 looks an interesting spot to s. You waiting for higher than that?
  • #43,708
  • Dec 29, 2011 5:05pm Dec 29, 2011 5:05pm
Quoting pkimnyc
you right brother. gotta snap out of this shit. man up.


You loon!
  • #43,709
  • Dec 29, 2011 5:08pm Dec 29, 2011 5:08pm
Quoting kenfen69
28.42 looks an interesting spot to s. You waiting for higher than that?
Sorry...I'm not actually blind! I do see your pending order now!
  • #43,710
  • Dec 29, 2011 5:12pm Dec 29, 2011 5:12pm
Bought a couple EJ into Resistance...playing a hunch on a Viagra-induced surge. Will keep these tight.

Attached Image


As close to a B/O trade as I come.
  • #43,711
  • Dec 29, 2011 5:14pm Dec 29, 2011 5:14pm
just a thought.
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  • #43,712
  • Dec 29, 2011 5:16pm Dec 29, 2011 5:16pm
Quoting pkimnyc
just a thought.


How's that going to help my EJ go north?

Ah well...more heading south on EA, so down is good, too.
  • #43,713
  • Dec 29, 2011 5:17pm Dec 29, 2011 5:17pm
Quoting kenfen69
28.42 looks an interesting spot to s. You waiting for higher than that?
i have a sell at 29.07.. that not in stone.. im just looking.. 29.07 is the mid using the new high and the old low from a decade ago.. its one level up from 26.64... those #s in dark green are from a base decades old. if you take these 2 #s and split the difference. you will see the current high is exactly the middle. so it going to 29.07 at least in slivers mind is in the scope. i haven't plotted silver till maybe a year back. it and gold is simple.. very predictable. since it is the middle. we may be at the high. but ad rather be out then in too early
those who can, do. those who cant, talk about those who can
  • #43,714
  • Dec 29, 2011 5:19pm Dec 29, 2011 5:19pm
Quoting kenfen69


How's that going to help my EJ go north?

Ah well...more heading south on EA, so down is good, too.
bro. i don't think the down move will continue based on the daily candle we've got today. let's see where price park at either london or ny. that should be the key driver.
  • #43,715
  • Dec 29, 2011 5:24pm Dec 29, 2011 5:24pm
Quoting gatorinla
i have a sell at 29.07.. that not in stone.. im just looking.. 29.07 is the mid using the new high and the old low from a decade ago.. its one level up from 26.64... those #s in dark green are from a base decades old. if you take these 2 #s and split the difference. you will see the current high is exactly the middle. so it going to 29.07 at least in slivers mind is in the scope. i haven't plotted silver till maybe a year back. it and gold is simple.. very predictable. since it is the middle. we may be at the high. but ad rather be out then in...
i have time since 26.10 is yet unbroken
those who can, do. those who cant, talk about those who can
  • #43,716
  • Dec 29, 2011 5:26pm Dec 29, 2011 5:26pm
close up shot of short term view.
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  • #43,717
  • Dec 29, 2011 5:32pm Dec 29, 2011 5:32pm
Quoting gatorinla
i have a sell at 29.07.. that not in stone.. im just looking.. 29.07 is the mid using the new high and the old low from a decade ago.. its one level up from 26.64... those #s in dark green are from a base decades old. if you take these 2 #s and split the difference. you will see the current high is exactly the middle. so it going to 29.07 at least in slivers mind is in the scope. i haven't plotted silver till maybe a year back. it and gold is simple.. very predictable. since it is the middle. we may be at the high. but ad rather be out then in...
The metals are very predictable. This is M15 Gold...

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May look like trash to everyone else, but... Those are Fib Channels with all the usual extensions added...a whole series of + and - values. Blue is lower timeframe...grays are higher TFs. I never have to move them...and they are respected over and over and over again. Love it!

Do you factor time in at all with your levels, g-man, or is it a case of...it'll get there when it gets there...kind of thing? Its the one element I'm trying to get a handle on. I can grow impatient...close something out. Had I waited a day or two (or week...TF dependent), it could have been epic!
  • #43,718
  • Dec 29, 2011 5:32pm Dec 29, 2011 5:32pm
Quoting pkimnyc
close up shot of short term view.
i got a b/o on the 5 indicated for 2966 min.. 2938 would void it. i dont like 5 m in consolidation.. but it indicates a HH
those who can, do. those who cant, talk about those who can
  • #43,719
  • Dec 29, 2011 5:33pm Dec 29, 2011 5:33pm
Quoting pkimnyc
close up shot of short term view.
That dirty rat-bag bastard!
  • #43,720
  • Dec 29, 2011 5:36pm Dec 29, 2011 5:36pm
Quoting gatorinla
i got a b/o on the 5 indicated for 2966 min.. 2938 would void it. i dont like 5 m in consolidation.. but it indicates a HH
yep, that 5 min consolidation.... what a bastard....
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