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The Really Useless Thread

  • #44,521
  • Jan 1, 2012 7:32pm Jan 1, 2012 7:32pm
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those who can, do. those who cant, talk about those who can
  • #44,522
  • Jan 1, 2012 7:33pm Jan 1, 2012 7:33pm
Quoting gatorinla
not for the meek.
http://www.youtube.com/watch?v=SR1jwwagtaQ

http://www.cbsnews.com/8301-504803_1...ag=mncol;lst;1
What a coincidence. I just finished watching Alex on TV. He is just amazing.
The Thief of Wall Street
  • #44,523
  • Jan 1, 2012 9:45pm Jan 1, 2012 9:45pm
Anyone think 3060 is still on the table? Not really a fan of how much we havn't pulled back yet.
  • #44,524
  • Jan 1, 2012 10:06pm Jan 1, 2012 10:06pm
Quoting Venice
Anyone think 3060 is still on the table? Not really a fan of how much we havn't pulled back yet.
Doubt that. Friday close right under daily res. 1hr already got rejected 5 hrs ago. Let's see when liquidity comes back into the market.
  • #44,525
  • Jan 1, 2012 10:13pm Jan 1, 2012 10:13pm
Quoting pkimnyc
Doubt that. Friday close right under daily res. 1hr already got rejected 5 hrs ago. Let's see when liquidity comes back into the market.
Agreed. I'm kind of mixed. I had on the daily a min of 2979 to be hit for the retrace and it got that on Friday.

Looks like were currently at 1h support. Lets see what she does.
  • #44,526
  • Jan 1, 2012 10:18pm Jan 1, 2012 10:18pm
Quoting Venice
Agreed. I'm kind of mixed. I had on the daily a min of 2979 to be hit for the retrace and it got that on Friday.
gotta have liquidity back into the market to be, at least, be able to get a hint of what the market is up to, imo. that can completely change things around.
  • #44,527
  • Jan 1, 2012 10:19pm Jan 1, 2012 10:19pm
Quoting pkimnyc
gotta have liquidity back into the market to be, at least, be able to get a hint of what the market is up to, imo. that can completely change things around.
Yep. And I always hate moves that happen on Friday... tricky one it is. Hard to tell sometimes if it's a Friday move, or a definitive move.
  • #44,528
  • Jan 1, 2012 10:28pm Jan 1, 2012 10:28pm
Quoting Venice
Yep. And I always hate moves that happen on Friday... tricky one it is. Hard to tell sometimes if it's a Friday move, or a definitive move.
all the yen pairs (crosses) are looking very interesting though.... i think we are very close to a major reversal... a major trend shift.
  • #44,529
  • Jan 1, 2012 10:35pm Jan 1, 2012 10:35pm
Quoting pkimnyc
all the yen pairs (crosses) are looking very interesting though.... i think we are very close to a major reversal... a major trend shift.
I believe Archie was chatting away about that last week as well. We've definitely extended right around the range of the normal cycle (2000 pips or so).

But of course, not trying to predict anything. Will just follow as usual
  • #44,530
  • Jan 1, 2012 10:45pm Jan 1, 2012 10:45pm
Quoting Venice
I believe Archie was chatting away about that last week as well. We've definitely extended right around the range of the normal cycle (2000 pips or so).

But of course, not trying to predict anything. Will just follow as usual
yep, very very extended.
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  • #44,531
  • Jan 1, 2012 10:55pm Jan 1, 2012 10:55pm
i dont consider it a trend shift. and yes even if it happens im bearish after. attraction to 3587 area wouldn't be a surprise. 2909 area may be a support.. a bounce there (it already happen today at 2913). and getting over 2949 then 2968. is something to watch for.. just saying.. we made a new low with just a small bounce thus far.
those who can, do. those who cant, talk about those who can
  • #44,532
  • Jan 1, 2012 10:58pm Jan 1, 2012 10:58pm
Quoting gatorinla
i dont consider it a trend shift. and yes even if it happens im bearish after. attraction to 3587 area wouldn't be a surprise. 2909 area may be a support.. a bounce there (it already happen today at 2913). and getting over 2949 then 2968. is something to watch for.. just saying.. we made a new low with just a small bounce thus far.
i meant jpy crosses.
  • #44,533
  • Jan 1, 2012 11:03pm Jan 1, 2012 11:03pm
morning..
Look Sharp/Trade Tight
  • #44,534
  • Jan 1, 2012 11:03pm Jan 1, 2012 11:03pm
Quoting PayTheLimit
morning..
yo
  • #44,535
  • Jan 1, 2012 11:05pm Jan 1, 2012 11:05pm
Quoting pkimnyc
i meant jpy crosses.
yeah im waiting for that bubble to pop. debt surpasses gdp. aging population. Volkswagen passing Toyota.
those who can, do. those who cant, talk about those who can
  • #44,536
  • Jan 1, 2012 11:28pm Jan 1, 2012 11:28pm
important support me thinks here is the low 2900's, feels like the market is expecting it to hold, could produce a bounce toward 2995 again, which with a daily close above there could open 3122...
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Look Sharp/Trade Tight
  • #44,537
  • Edited 11:51pm Jan 1, 2012 11:35pm | Edited 11:51pm
Back with new resolution ON & searching friends or not with no invisible more , let the top ranges still a chance with false frankie or London if , waiting take position then , all targets down if all ok or not ghost effects by ghost people .
fontu
http://www.forexfactory.com/showthre...69#post5259369
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #44,538
  • Jan 1, 2012 11:57pm Jan 1, 2012 11:57pm
Quoting PayTheLimit
important support me thinks here is the low 2900's, feels like the market is expecting it to hold, could produce a bounce toward 2995 again.
that said, an bearish hourly bar below 2910/18 will turn be bearish, and I'd look for 2797/2807, but in this low volume environment, think its best to take the day off again, bbl, gl, PTL...
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Look Sharp/Trade Tight
  • #44,539
  • Jan 2, 2012 12:27am Jan 2, 2012 12:27am
Quoting gatorinla
above is just one domino.. it triggers another to 3069... the risk for it is the low 285x... a better target tweaked is 3024 if 2965 is breached. this will trigger 3069.. if 65 is breached then 3024 is a 80%er.. before 2900...
sos.. st.. but the year close at 2962 can change things. the year, month, week, day. closed here. (2961.8) so its probably a very important#.
such a big tf # can fu my st target to 3024 ..
but the yearly s/r levels are very close to these targets.. the yearly # were not known until the close. the targets were formed before the close. the targets are min.. .
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those who can, do. those who cant, talk about those who can
  • #44,540
  • Jan 2, 2012 1:02am Jan 2, 2012 1:02am
Am i the only one eyeballing a 14 pip spread on the swissy right now??? wtf?
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