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The Really Useless Thread

  • #47,141
  • Jan 13, 2012 11:44am Jan 13, 2012 11:44am
Quoting Chillypiper
Ive had one of the best and worst days all in the same week.. Back to just below par for the week, witch I feel blessed for that right now.. Had a littel mishap with the pc wensday pm..not good..
guess the worst follows the best, at least it sounds familiar
Don't be a hero. Don't have an ego. Always question yourself
  • #47,142
  • Jan 13, 2012 11:46am Jan 13, 2012 11:46am
Quoting sisse
Action-packed Friday afternoon. France and Austria confirmed downgrade one notch and official announcement at weekly close (fckers). Germany, The Netherlands, Finland and Luxembourg confirmed AAA.

Greece collapsing again and opening default. Well more than opening, confirming what everybody knows but politicians have painfully avoided the last year.

Weekly close with full of uncertainty i re overextended mode but still "far" from supports 1.259x wide open and the key 1.237x already on sight. 1.266x only level to watch for the roll but all cards...
back to snafu then, lol...

snafu- situation normal, all f^^ked up.. (it's an old 2nd world war us military acronym)..

like we were saying earlier in the week tho' (purely from a trade perspective of course), all that's really important is that we have volatility and movement...
  • #47,143
  • Jan 13, 2012 11:49am Jan 13, 2012 11:49am
Quoting sisse
Action-packed Friday afternoon. France and Austria confirmed downgrade one notch and official announcement at weekly close (fckers). Germany, The Netherlands, Finland and Luxembourg confirmed AAA.

Greece collapsing again and opening default. Well more than opening, confirming what everybody knows but politicians have painfully avoided the last year.

Weekly close with full of uncertainty in very overextended mode but still "far" from supports 1.259x wide open and the key 1.237x already on sight. 1.266x only level to watch for the roll but all...

i love to see where the es close, monday will be fun will keep some for the road
  • #47,144
  • Jan 13, 2012 12:00pm Jan 13, 2012 12:00pm
gonna make a dash to the fish and chip shop, hopefully no announcement whilst i'm out, bbl...
  • #47,145
  • Jan 13, 2012 12:04pm Jan 13, 2012 12:04pm
2% move off the highs, this thing is done for the day, retest of lows possible, but she'll end in tight range after this move. Crap day here.

fwiw.........
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  • #47,146
  • Jan 13, 2012 12:04pm Jan 13, 2012 12:04pm
Short 2673
Disclaimer: Check your 1m charts
  • #47,147
  • Jan 13, 2012 12:05pm Jan 13, 2012 12:05pm
Quoting FibbinArchie
back to snafu then, lol...

snafu- situation normal, all f^^ked up.. (it's an old 2nd world war us military acronym)..

like we were saying earlier in the week tho' (purely from a trade perspective of course), all that's really important is that we have volatility and movement...
An we have had plenty of it thanks to the EZ politicians but I will need to digest these last events (even better if Greece default) as we maybe reaching the end of happy times. Bonds were timid and didn't react as usual (but it was late so we need monday) so a near bottom in this pair volatility will be on the cards soon very soon.

US downgraded in August, France in January, if rating agencies are going to be consistent UK should be the next in line as it has worse macro and structural numbers than both. That will create some interesting volatility in cable specially so keeping a close eye on that too for next weeks.

Quoting kill56
i love to see where the es close, monday will be fun will keep some for the road
I can only see UP and UP on the ES, is only a matter of time. As soon as the knee jerk reaction from europe are cleared we are going for a very extended rally until elections in US stocks TA and FA wise.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #47,148
  • Jan 13, 2012 12:18pm Jan 13, 2012 12:18pm
eyes on eur/chf.
  • #47,149
  • Jan 13, 2012 12:20pm Jan 13, 2012 12:20pm
Quoting attila
eyes on eur/chf.
66 pips and counting.
  • #47,150
  • Jan 13, 2012 12:21pm Jan 13, 2012 12:21pm
Quoting Venice
66 pips and counting.
They might do it Sunday/Monday, like BOJ did on low liquidity.
  • #47,151
  • Jan 13, 2012 12:23pm Jan 13, 2012 12:23pm
61
dropping fast.
  • #47,152
  • Jan 13, 2012 12:25pm Jan 13, 2012 12:25pm
It could be the 1.2 on eur/chf might stop the euro sell off.. I don't know who would sell into that...
  • #47,153
  • Jan 13, 2012 12:29pm Jan 13, 2012 12:29pm
Out of short. Not liking PA for further drop. It will prob crash and burn now

Quoting pipper
Short 2673
Disclaimer: Check your 1m charts
  • #47,154
  • Jan 13, 2012 12:34pm Jan 13, 2012 12:34pm
Quoting pipper
Out of short. Not liking PA for further drop. It will prob crash and burn now
Waiting for the hourly to close, but looks like this one is going to be a loss for me on the long side. People are just hell bent on selling the piss out of this one today.
  • #47,155
  • Jan 13, 2012 12:39pm Jan 13, 2012 12:39pm
Quoting sisse
An we have had plenty of it thanks to the EZ politicians but I will need to digest these last events (even better if Greece default) as we maybe reaching the end of happy times. Bonds were timid and didn't react as usual (but it was late so we need monday) so a near bottom in this pair volatility will be on the cards soon very soon.

US downgraded in August, France in January, if rating agencies are going to be consistent UK should be the next in line as it has worse macro and structural numbers than both. That will create some interesting volatility...
great analysis and insights sisse..
  • #47,156
  • Jan 13, 2012 12:40pm Jan 13, 2012 12:40pm
I really do not see what the fundamental relevance of an agency lowering some ratings is, as if it's a complete surprise to the market and they (the agency) has better crystal balls than market has.
Expecting recovery to 1.28 + levels next week to correct things.
Don't be a hero. Don't have an ego. Always question yourself
  • #47,157
  • Jan 13, 2012 12:40pm Jan 13, 2012 12:40pm
Gone long here for my sins
Disclaimer: Check your 1m charts
  • #47,158
  • Jan 13, 2012 12:41pm Jan 13, 2012 12:41pm
You guys catch this? May be back to good US data means bad again...FK! Here we go again

Leisman touting more QE from Fed

Written by Jamie Coleman
January 13, 2012 at 16:09 GMT

Can’t slip anything past Steve Liesman.
Says QE3 will be discussed at Jan 24/25 FOMC, move could come in spring.
  • #47,159
  • Jan 13, 2012 12:41pm Jan 13, 2012 12:41pm
It's hard to tell V.. 15min looks like point up on next bar so i've risked a long but S&P can drop a bomb any minute

10min looks like it might make a bounce too soon but all risky

Quoting Venice
Waiting for the hourly to close, but looks like this one is going to be a loss for me on the long side. People are just hell bent on selling the piss out of this one today.
Disclaimer: Check your 1m charts
  • #47,160
  • Jan 13, 2012 12:43pm Jan 13, 2012 12:43pm
Quoting pipper
Gone long here for my sins
Dang dude...lol.... Hail Marry
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