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The Really Useless Thread

  • #48,681
  • Jan 19, 2012 9:51am Jan 19, 2012 9:51am
last trade for the session.

momentum behind the moves were awesome.
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  • #48,682
  • Jan 19, 2012 9:51am Jan 19, 2012 9:51am
Quoting gatorinla
2909 is a y fib mid
thanks..
Look Sharp/Trade Tight
  • #48,683
  • Jan 19, 2012 9:58am Jan 19, 2012 9:58am
Quoting fxjawn
some BOj yen weakening
Seems like...

So I know this rally doesn't make a lot of sense but what does? Anyway, I'm starting to believe this was a break out of the previous range. That means we could move much higher and then consolidate around some number in the middle. The more weird the moves are, the more stable they are these days..

It's not going below the previous range so they mean it.
  • #48,684
  • Jan 19, 2012 10:02am Jan 19, 2012 10:02am
Sisse

I have only a very basic understanding of tech and PA levels... But what ur sayin rings true about this rally showing many signs of a suckers rally. From a data mining service I use the eu has tagged a critical level to the pip at. 2939. Also the EY lined up at the 100.00(where I grabbed a short)... Both crucial and I'd like to see the week close 50+ pips below both these levels to keep the lows in play in the mid term..

As for fundies... I'm lost... It all seems
Bad... Even the "good" auction results are bad...
  • #48,685
  • Jan 19, 2012 10:09am Jan 19, 2012 10:09am
The reason I'm saying all these, I talked about 2730 yesterday. That was the middle of the previous range. If you look at that pin on m30, it never looked back from there. It means the market considered enough is enough with that and wants another fair price on the longer TFs. The break out was up so we should look higher.

Congrats to the ones that caught the longs on this one, g man and ptl come to mind...

Quoting attila
Seems like...

So I know this rally doesn't make a lot of sense but what does? Anyway, I'm starting to believe this was a break out of the previous range. That means we could move much higher and then consolidate around some number in the middle. The more weird the moves are, the more stable they are these days..

It's not going below the previous range so they mean it.
  • #48,686
  • Jan 19, 2012 10:13am Jan 19, 2012 10:13am
Quoting Wulfgar
Sisse

I have only a very basic understanding of tech and PA levels... But what ur sayin rings true about this rally showing many signs of a suckers rally. From a data mining service I use the eu has tagged a critical level to the pip at. 2939. Also the EY lined up at the 100.00(where I grabbed a short)... Both crucial and I'd like to see the week close 50+ pips below both these levels to keep the lows in play in the mid term..

As for fundies... I'm lost... It all seems
Bad... Even the "good" auction results are bad...
looks pretty structured for a suckers rally. just saying...
  • #48,687
  • Jan 19, 2012 10:15am Jan 19, 2012 10:15am
Quoting gatorinla
definitely a decent bounce. and the hump can be 50% of the last leg. before dive.
All yours Gator too. You called the wave up on the bottom. Fantastic.

What TF last leg gator?. I got 1,348x 50% last monthly and weekly leg...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #48,688
  • Jan 19, 2012 10:21am Jan 19, 2012 10:21am
Quoting fxjawn
some BOj yen weakening
oil outlook up weakens yen
those who can, do. those who cant, talk about those who can
  • #48,689
  • Jan 19, 2012 10:25am Jan 19, 2012 10:25am
anyone for 2980
Disclaimer: Check your 1m charts
  • #48,690
  • Jan 19, 2012 10:25am Jan 19, 2012 10:25am
anyone know how i can get mt4 to draw those butterfly patterns? Is there an indi perhaps?
Disclaimer: Check your 1m charts
  • #48,691
  • Jan 19, 2012 10:28am Jan 19, 2012 10:28am
Quoting pipper
anyone know how i can get mt4 to draw those butterfly patterns? Is there an indi perhaps?
kill must have it at the grave yard.
  • #48,692
  • Jan 19, 2012 10:29am Jan 19, 2012 10:29am
Quoting pipper
anyone for 2980
until it tells me, "pk, you're a dumb ass..."
  • #48,693
  • Jan 19, 2012 10:31am Jan 19, 2012 10:31am
Me too PK

Quoting pkimnyc
until it tells me, "pk, you're a dumb ass..."
Disclaimer: Check your 1m charts
  • #48,694
  • Jan 19, 2012 10:31am Jan 19, 2012 10:31am
Quoting pipper
anyone know how i can get mt4 to draw those butterfly patterns? Is there an indi perhaps?
sammy might have that.
  • #48,695
  • Jan 19, 2012 10:31am Jan 19, 2012 10:31am
Thanks Atilla. Didn't think of that

Quoting attila
kill must have it at the grave yard.
Disclaimer: Check your 1m charts
  • #48,696
  • Jan 19, 2012 10:31am Jan 19, 2012 10:31am
Very close,
Just selling some here at 42,,
stops above 68+10
some orders just below 68 too
if that breaks it going to probably shoot otherwise my targets in 2650 and below


Just a number coming up .. lets see what happens if it hits 65.9 , great RR for me


Quoting pipper
anyone for 2980
  • #48,697
  • Jan 19, 2012 10:31am Jan 19, 2012 10:31am
Quoting pipper
Me too PK
bastard...
  • #48,698
  • Jan 19, 2012 10:32am Jan 19, 2012 10:32am
Right on. He's the man. I'll ask Sammy, Thanks.

Quoting pkimnyc
sammy might have that.
Disclaimer: Check your 1m charts
  • #48,699
  • Jan 19, 2012 10:32am Jan 19, 2012 10:32am
bastard
Quoting pkimnyc
until it tells me, "pk, you're a dumb ass..."
  • #48,700
  • Jan 19, 2012 10:33am Jan 19, 2012 10:33am
LOL
Quoting pkimnyc
bastard...
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