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The Really Useless Thread

  • #50,141
  • Jan 25, 2012 6:45am Jan 25, 2012 6:45am
Quoting wannaberich
we should "bear" in mind that the daily still points down imho.
Don't know about that. There's a clusterfuck to the left it needs to go through.. Although we're dropping atm, the pressure is north...
  • #50,142
  • Jan 25, 2012 6:51am Jan 25, 2012 6:51am
10mins left in the hour, bulls trying to leave some wick under 2954, not surprising..bastards..
Look Sharp/Trade Tight
  • #50,143
  • Jan 25, 2012 6:54am Jan 25, 2012 6:54am
cycle wise right now we could go both ways. 1.325 is still open and so is 1.24. i'm taking the lower time frames to decide. the entry at 1.3050 was the optimum entry place for a short to 1.24. so is the 1.265 the optimum entry for 1.325.

right now i have 3 cycles pointing down (1 of the 5, another of the 15m and another of the 30m). only 4h points up. daily is neutral as one points up and another points down.probability wise i'd say we should still go lower.

and i do agree with the importance of 1.2840-50 (nothing is pulling it there atm, but sure looks like a lot of bull will be there, weekly pivot, mid of the 4h fork, lower limit of the 1h fork...)

still 40 is holding as expected. still feel safe in my shorts as the lower targets are pulling it down and these do have a 80+% probability of completion.

out for lunch now.

green pips, A

Quoting attila
Don't know about that. There's a clusterfuck to the left it needs to go through..
dreams do come true.
  • #50,144
  • Jan 25, 2012 6:55am Jan 25, 2012 6:55am
2949, this hours mid..
Look Sharp/Trade Tight
  • #50,145
  • Jan 25, 2012 7:04am Jan 25, 2012 7:04am
If it turns around here, shorts might be done.
  • #50,146
  • Jan 25, 2012 7:10am Jan 25, 2012 7:10am
Quoting gatorinla
cock sucka still not moving. changes these to 2902 and 2915. with a possible 2860. the gbp disagrees. so if the euro and the gbp fall. after the fall, a bullish rise to 5767 gbp is expected.
unsure about 2860 atm.. there was some, but little bounce at the mid.

i am hoping gbp at 5500 to help indicate a N bounce. at the moment the euro stalls. we have bear divergence on the e day chart. the last time this happened was the high of the October bounce.
those who can, do. those who cant, talk about those who can
  • #50,147
  • Jan 25, 2012 7:14am Jan 25, 2012 7:14am
Again, very careful here. 2950 can send it to the Moon.
  • #50,148
  • Jan 25, 2012 7:14am Jan 25, 2012 7:14am
Quoting kill56
G 2910 still in the books lets see
look at your day d
those who can, do. those who cant, talk about those who can
  • #50,149
  • Jan 25, 2012 7:27am Jan 25, 2012 7:27am
chancing a long @ 1.2960
Don't be a hero. Don't have an ego. Always question yourself
  • #50,150
  • Jan 25, 2012 7:29am Jan 25, 2012 7:29am
1.29 possibly in the cards later
Disclaimer: Check your 1m charts
  • #50,151
  • Jan 25, 2012 7:43am Jan 25, 2012 7:43am
or maybe for long term 1.2500..haha

but we need the fed not to spoil it firrst
Bismillah
  • #50,152
  • Jan 25, 2012 7:44am Jan 25, 2012 7:44am
Quoting gatorinla
we got a LL..watch 3038/43 area. we got a imperfect pa sign to 2904 and 2910
so we got a LL.. then we got a LH... and now we have a new LL.. and appears to stall and everyone will run to the other side of the ship (with a small bounce atm). a retrace to the mid before this leg b/o happens often (about 3010 -+ a bunch) .. this may happen still. and the gbp may hit 5767 when/if it does. its never a sure thing. the gbp 5767 is still, a good possibility.

the euro did indicate 2915 or 2904 min.. so we still may have not dropped enough today. 2860 (2859.8) is still in the scope. but we can run up before 2860. this is not out the norm.
those who can, do. those who cant, talk about those who can
  • #50,153
  • Jan 25, 2012 7:49am Jan 25, 2012 7:49am
Quoting gatorinla
2860 (2859.8) is still in the scope.
where is that one from?
Look Sharp/Trade Tight
  • #50,154
  • Jan 25, 2012 8:02am Jan 25, 2012 8:02am
Quoting PayTheLimit
where is that one from?
the conservative (old) one above 2854 and 42.8... i never changed the one before last nights newer one..
those who can, do. those who cant, talk about those who can
  • #50,155
  • Jan 25, 2012 8:06am Jan 25, 2012 8:06am
Quoting gatorinla
the conservative (old) one above 2854 and 42.8... i never changed the one before last nights newer one..
got it..
Look Sharp/Trade Tight
  • #50,156
  • Jan 25, 2012 8:10am Jan 25, 2012 8:10am
Quoting PayTheLimit
got it..
any idea urs bernanke speech today?

ehhe
Bismillah
  • #50,157
  • Jan 25, 2012 8:11am Jan 25, 2012 8:11am
Flat at 12956 from bounce @ 12930 earlier on TS


PA certainly a lot more user friendly today
" Never let the past hold the future to ransom "
  • #50,158
  • Jan 25, 2012 8:11am Jan 25, 2012 8:11am
missed the morning move, back later for fed rates and bernerky...
  • #50,159
  • Jan 25, 2012 8:17am Jan 25, 2012 8:17am
Quoting FibbinArchie
i got murray confluence @939 below...

if and when...
still there, wicks only below on m15..

bbl, gl..
  • #50,160
  • Jan 25, 2012 8:32am Jan 25, 2012 8:32am
Quoting krunfx
any idea urs bernanke speech today?

ehhe
his press conference is at 19:15 GMT I think, if thats what your asking...
Look Sharp/Trade Tight
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