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The Really Useless Thread

  • #50,221
  • Jan 25, 2012 10:27am Jan 25, 2012 10:27am
Quoting FibbinArchie
2991 50% of today's move, not expecting much for about an hour now...

cowboys and aliens next...
Not to shabby of a flick. Inception I thought was pretty good. One of the better movies to come out in the last few years, anyways.
  • #50,222
  • Jan 25, 2012 10:28am Jan 25, 2012 10:28am
Quoting AllyB
so kill you in or out and what's the count ...
flat now waiting for the close in few we might go up alittle after the close then i am in WTF


keep an eye on the dow and es
  • #50,223
  • Jan 25, 2012 10:29am Jan 25, 2012 10:29am
Quoting kill56
flat now waiting for the close in few we might go up alittle after the close then i am in WTF
just go get your pipe and call it a day my friend
  • #50,224
  • Jan 25, 2012 10:30am Jan 25, 2012 10:30am
Quoting AllyB
just go get your pipe and call it a day my friend
will i got some cans of milk but i need the dippers oh the pipe is out and running
  • #50,225
  • Jan 25, 2012 10:32am Jan 25, 2012 10:32am
Quoting kill56
will i got some cans of milk but i need the dippers oh the pipe is out and running
should have known
  • #50,226
  • Jan 25, 2012 10:35am Jan 25, 2012 10:35am
Quoting kill56
cable or sat
old fashioned dvd lol..
  • #50,227
  • Jan 25, 2012 10:36am Jan 25, 2012 10:36am
Quoting Venice
Not to shabby of a flick. Inception I thought was pretty good. One of the better movies to come out in the last few years, anyways.
so he remained in the dream at the end then, agreed?
  • #50,228
  • Jan 25, 2012 10:37am Jan 25, 2012 10:37am
i needed it... the pips and the positive reinforcement

Quoting AllyB
dreams do come true.
  • #50,229
  • Jan 25, 2012 10:38am Jan 25, 2012 10:38am
So now depending on today's close, we have a possible continuation of the bear trend... interesting. However, right now price is failing to engulf out of the supply zone. This is normally the key. But right now, a HL and LL is in place.

Of course, as relentless as buying has been lately... probably could void it all.
  • #50,230
  • Jan 25, 2012 10:42am Jan 25, 2012 10:42am
I would be reeeelllyyyyyyyyy careful with shorts. Just saying...
  • #50,231
  • Jan 25, 2012 10:44am Jan 25, 2012 10:44am
Quoting attila
I would be reeeelllyyyyyyyyy careful with shorts. Just saying...
15m needs a close below 29736 to even consider the next down move.
  • #50,232
  • Jan 25, 2012 10:48am Jan 25, 2012 10:48am
Quoting attila
I would be reeeelllyyyyyyyyy careful with shorts. Just saying...
  • #50,233
  • Jan 25, 2012 10:49am Jan 25, 2012 10:49am
Quoting Venice
15m needs a close below 29736 to even consider the next down move.
That doesn't matter. Look at the big picture. The market is coming to balance and the pressure is already built in the upper side of it.
  • #50,234
  • Jan 25, 2012 10:54am Jan 25, 2012 10:54am
Quoting attila
That doesn't matter. Look at the big picture. The market is coming to balance and the pressure is already built in the upper side of it.
I am. On the H4, bulls need a close above 29662 to continue up. 2 hours to go for that one though.
  • #50,235
  • Jan 25, 2012 10:58am Jan 25, 2012 10:58am
Quoting Venice
I am. On the H4, bulls need a close above 29662 to continue up. 2 hours to go for that one though.
Out of 4 consolidations, 3 are closer to 3060 than to 2950. The market wants to go up.
  • #50,236
  • Jan 25, 2012 10:58am Jan 25, 2012 10:58am
Not getting a whole lot of wiggle room here

Gotta see where the next 4hr bar ends up... I need some breathing room in case Ben is feelin sassy

Quoting Wulfgar
Nice move down on Cable from the 562x area... helped on the move from neg GDP #'s and stil more beairshness from the minutes....
on top of that we have had 7 sessions in the green in a row and from a TA point of view are due for a substantial correction


I sold a pullback from the drop after the news at 5584 risking the highs(2% accnt risk)... Ill give the trade 8 hours to break below the 5529(which will also coincide with FOMC release which could either help or hurt this trade... If Im in good profits Ill lock it in and potentially add more

First...
  • #50,237
  • Jan 25, 2012 11:01am Jan 25, 2012 11:01am
Quoting attila
Out of 4 consolidations, 3 are closer to 3060 than to 2950. The market wants to go up.
The hourly also is dictating its directional bias at this point in time as well (up).

But, I need my closes.

See, the 15m was just rejected on 29736 (it will probably try again though).

It's semantics. lol... we are basically seeing the same thing, just differently.
  • #50,238
  • Jan 25, 2012 11:04am Jan 25, 2012 11:04am
where's Jon when we need him (the fadin master)?

today should be THE day for him!
dreams do come true.
  • #50,239
  • Jan 25, 2012 11:08am Jan 25, 2012 11:08am
Quoting attila
That doesn't matter. Look at the big picture. The market is coming to balance and the pressure is already built in the upper side of it.
the way I see it as long as levels around 1.2960 do hold
The larger picture as I see it is 1.31 - 1.32 after that resumption of downtrend
Don't be a hero. Don't have an ego. Always question yourself
  • #50,240
  • Jan 25, 2012 11:10am Jan 25, 2012 11:10am
Quoting USD-Bear
the way I see it as long as levels around 1.2960 do hold
The larger picture as I see it is 1.31 - 1.32 after that resumption of downtrend
Yeah, not sure about the down trend. This thing is in the habit of going up for the first half of the year and drop the second.
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