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The Really Useless Thread

  • #45,581
  • Jan 6, 2012 8:16am Jan 6, 2012 8:16am
actually where is everyone??? it's nfp friday ffs..
  • #45,582
  • Jan 6, 2012 8:19am Jan 6, 2012 8:19am
no bear party unless you get and hold below 2749.. it usually takes a weekly close below.
those who can, do. those who cant, talk about those who can
  • #45,583
  • Jan 6, 2012 8:22am Jan 6, 2012 8:22am
Quoting FibbinArchie
yap, usd been on the march since they canned qe3, which was one of the main reasons it has been so weak through 2010/11...

just popped back above 750, could get interesting...

also what with us elections coming up, expecting the economic gloom to be massaged away, whether perceived or in reality...
Yeap, elections we'll be the cherry on top....

NY with the last call for a final push today ...opening range for most currencies, for all other markets not in a hurry to jump in so it seem we'll have a early afternoon ....

Let's see

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #45,584
  • Jan 6, 2012 8:31am Jan 6, 2012 8:31am
Quoting gatorinla
no bear party unless you get and hold below 2749.. It usually takes a weekly close below.
wayne's world, wayne's world, party time, excellent!!
  • #45,585
  • Jan 6, 2012 8:33am Jan 6, 2012 8:33am
Quoting sisse
Yeap, elections we'll be the cherry on top....

NY with the last call for a final push today ...opening range for most currencies, for all other markets not in a hurry to jump in so it seem we'll have a early afternoon ....

Let's see

sisse
a couple of decent ranges this week, hopefully next week we'll start getting back to normal activity levels...
  • #45,586
  • Jan 6, 2012 8:37am Jan 6, 2012 8:37am
for an nfp release, this is about as tame as it gets, yesterday's london open covered more ground...
  • #45,587
  • Jan 6, 2012 8:39am Jan 6, 2012 8:39am
Quoting FibbinArchie
for an nfp release, this is about as tame as it gets, yesterday's london open covered more ground...
yea not the deliberate down move from 3550 like we saw in dec... this is the lamest nfp ever
  • #45,588
  • Jan 6, 2012 8:41am Jan 6, 2012 8:41am
Quoting fxjawn
yea not the deliberate down move from 3550 like we saw in dec... this is the lamest nfp ever
maybe quite a few people are still on extended christmas/new year holidays??
  • #45,589
  • Jan 6, 2012 8:45am Jan 6, 2012 8:45am
oopsie missed that, fed's dudley talking about quantitative easing, prolly the reason e/u has stalled...

Dudley Says 'Appropriate' to Consider More Monetary Easing

http://www.forexfactory.com/news.php?do=news&id=335266

http://www.newyorkfed.org/newsevents...dud120106.html
  • #45,590
  • Jan 6, 2012 8:45am Jan 6, 2012 8:45am
Quoting FibbinArchie
maybe quite a few people are still on extended christmas/new year holidays??
i hope it kinda worried me bc i faded aussie and then it almost came all the way back on me... i think now its finally going.... back into profit now..

she just seemed to get mixed reviews or something ... slow gettin goin
  • #45,591
  • Jan 6, 2012 8:48am Jan 6, 2012 8:48am
Be wise to take ur profit ....1.2650 have loT of demand there..
MY OPINION NOT FINANCIAL ADVISE
  • #45,592
  • Jan 6, 2012 8:49am Jan 6, 2012 8:49am
Quoting fxjawn
i hope it kinda worried me bc i faded aussie and then it almost came all the way back on me... i think now its finally going.... back into profit now..

she just seemed to get mixed reviews or something ... slow gettin goin
watch out for fed speeches, dudley already rockin' the boat, see my previous post..

just need a phantom greek referendum now for a full house, meantime e/u pushes lower, looks like it wants to test the round number..
  • #45,593
  • Jan 6, 2012 8:57am Jan 6, 2012 8:57am
Quoting FibbinArchie
a couple of decent ranges this week, hopefully next week we'll start getting back to normal activity levels...
It was good for my taste. A range week after a long break is always healthy to get in synch with the market...

It pan out nicely with NY. Clearing all @ 1.271x. Done for the week.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #45,594
  • Jan 6, 2012 8:58am Jan 6, 2012 8:58am
Quoting FibbinArchie
oopsie missed that, fed's dudley talking about quantitative easing, prolly the reason e/u has stalled...

Dudley Says 'Appropriate' to Consider More Monetary Easing

http://www.forexfactory.com/news.php?do=news&id=335266

http://www.newyorkfed.org/newsevents...dud120106.html
the un-e rate is falling... as long as it is.. and oil is near 100.. they have no reason for Q easing.
those who can, do. those who cant, talk about those who can
  • #45,595
  • Jan 6, 2012 9:00am Jan 6, 2012 9:00am
Quoting gatorinla
the un-e rate is falling... as long as it is.. and oil is near 100.. they have no reason for Q easing.
yeah probably just trying to spook the market...
  • #45,596
  • Jan 6, 2012 9:00am Jan 6, 2012 9:00am
Quoting fxjawn
i hope it kinda worried me bc i faded aussie and then it almost came all the way back on me... i think now its finally going.... back into profit now..

she just seemed to get mixed reviews or something ... slow gettin goin
aud is below the 200 daily atm
those who can, do. those who cant, talk about those who can
  • #45,597
  • Jan 6, 2012 9:01am Jan 6, 2012 9:01am
Quoting sisse
It was good for my taste. A range week after a long break is always healthy to get in synch with the market...

It pan out nicely with NY. Clearing all @ 1.271x. Done for the week.

sisse
been an okay week, good for getting back in the swing of things, december was a non-event as far as i'm concerned...
  • #45,598
  • Jan 6, 2012 9:02am Jan 6, 2012 9:02am
1.2575? Took 40 on first dump and back in @ 2758 sl+5 ( above 2749)
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  • #45,599
  • Jan 6, 2012 9:05am Jan 6, 2012 9:05am
Quoting FibbinArchie
yeah probably just trying to spook the market...
brokers on the business channels and reporters keep adding it to the talk every chance they get. used car salesmen always pushing a buy or sell to their advantage. monetary or political then the sheep repeat it. qe is done at certain times for 1 or 2 reasons. if the reasons are not present. the odds are it will not happen until those reasons are present or anticipated.
those who can, do. those who cant, talk about those who can
  • #45,600
  • Jan 6, 2012 9:06am Jan 6, 2012 9:06am
Quoting Chillypiper
1.2575? Took 40 on first dump and back in @ 2758 sl+5 ( above 2749)
big ass multi-year rising trend line?
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