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The Really Useless Thread

  • #51,181
  • Jan 27, 2012 11:02am Jan 27, 2012 11:02am
Quoting Wulfgar
Last 12 hours... 6 intraday trades.... Net profit= 68 cents


Awesome


I'm gonna go David Carradine myself this weekend
lol, had that shit last night...
  • #51,182
  • Jan 27, 2012 11:02am Jan 27, 2012 11:02am
looks like i will get s/o
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those who can, do. those who cant, talk about those who can
  • #51,183
  • Jan 27, 2012 11:05am Jan 27, 2012 11:05am
Quoting pkimnyc
they will never do that. they already got in at the drop.
London is out but in general weak hands buy below the range, and sell above. The big ones, if they intend to take it out of this level will do the opposite. There is no other way to break out of a formed range....

The market either ranges, day traders moving it up and down around the middle or trends. The break out off a range could happen anywhere, but in general starts with a sharp move from the middle of the range. 3129 is where it started this time...

The big sharks will possibly buy at the bottom also of course, but if they really mean it, they don't care where they buy because they have the long term in mind..
  • #51,184
  • Jan 27, 2012 11:05am Jan 27, 2012 11:05am
humps @ 3207 wr2, 3219 dr2, then major fibo area 324x if and when, one of my rules is to not bet against a post london trend on a friday tho'...
  • #51,185
  • Jan 27, 2012 11:06am Jan 27, 2012 11:06am
Quoting kill56
gator u got u dam 86 i did add
can we hold it? gu still not at 5767
those who can, do. those who cant, talk about those who can
  • #51,186
  • Jan 27, 2012 11:06am Jan 27, 2012 11:06am
Europe= saved!!!

Time to party!!! Woohoo!!!!


Only 2800 more pips and I'm stopped out of my shorts
  • #51,187
  • Jan 27, 2012 11:09am Jan 27, 2012 11:09am
Quoting Wulfgar
Europe= saved!!!

Time to party!!! Woohoo!!!!


Only 2800 more pips and I'm stopped out of my shorts
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  • #51,188
  • Jan 27, 2012 11:11am Jan 27, 2012 11:11am
Quoting gatorinla
can we hold it? gu still not at 5767

lets see if 3202 holds t if yes i think we are safe for now
  • #51,189
  • Jan 27, 2012 11:11am Jan 27, 2012 11:11am
looking at 239 max topside now - swing low close on daily , h1 channel top
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  • #51,190
  • Jan 27, 2012 11:13am Jan 27, 2012 11:13am
Quoting FibbinArchie
ground hog day...

even if they reach agreement, it's still only a kick the can measure and won't be sufficient to cover their requirements anyway.. (in my opinion)..

geece gdp projected 120% of debt requirement by 2020 and this from the people who didn't predict the credit crisis in the first place, gotta laugh...
All about the Greeks today .... Agreement seem to be a done deal given the last push to the highs across the board but the devil is in details short term ...long term I fully agree is only a kick the can measure.... for Pete's sake Greece is defaulted and they keep trying to sell us that is going to be fix ...poor Greeks .. Most of private holders already clean, hedge and re hedge their holding by now ..they are going to get their money one way or the other, they are just trying to squeeze something extra out of it .

In any case, FA stabilizing for the EZ (outside of Greece and Portugal obviously) but the real deal there is in March. On the other side, US with guarantee soft dollar for a while, will only require a euro short term crisis stop to trigger major shift in currencies (including euro).

TA, on the very highs fighting 1.315x for the monthly roll to confirm rejection reversal or continuation and if there is no more tweets today will close on the HIGHS, making weekly open Key for direction the rest of the month.

More bla bla coming in the wires from Greece....so let see if we have a last minute knee jerk reaction for the close.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #51,191
  • Jan 27, 2012 11:15am Jan 27, 2012 11:15am
Quoting Wulfgar

Awesome


I'm gonna go David Carradine myself this weekend
  • #51,192
  • Jan 27, 2012 11:16am Jan 27, 2012 11:16am
Quoting attila
London is out but in general weak hands buy below the range, and sell above. The big ones, if they intend to take it out of this level will do the opposite. There is no other way to break out of a formed range....

The market either ranges, day traders moving it up and down around the middle or trends. The break out off a range could happen anywhere, but in general starts with a sharp move from the middle of the range. 3129 is where it started this time...

The big sharks will possibly buy at the bottom also of course, but if they really mean...
think you got that wrong buddy. big players never buy or sell at the breakouts, amateurs do. big ones buy at the bottom and sell at the top. buying came in at ny. drop was the shake out. think about where the drop ended. 15 min chart was signalling buy all along, which was the reason for wtf moment i've mentioned earlier. london is out as you've mentioned, guess where they jacked up the price to. top of the range. bet you, they are all out already.
  • #51,193
  • Jan 27, 2012 11:18am Jan 27, 2012 11:18am
Quoting sisse
All about the Greeks today .... Agreement seem to be a done deal given the last push to the highs across the board but the devil is in details short term ...long term I fully agree is only a kick the can measure.... for Pete's sake Greece is defaulted and they keep trying to sell us that is going to be fix ...poor Greeks .. Most of private holders already clean, hedge and re hedge their holding by now ..they are going to get their money one way or the other, they are just trying to squeeze something extra out of it .

In any case, FA stabilizing...
great analysis as always...

my conservative weekly targets limped home, so may just wrap up now..
  • #51,194
  • Jan 27, 2012 11:18am Jan 27, 2012 11:18am
Quoting pkimnyc
think you got that wrong buddy. big players never buy or sell at the breakouts, amateurs do. big ones buy at the bottom and sell at the top. buying came in at ny. drop was the shake out. think about where the drop ended. 15 min chart was signalling buy all along, which was the reason for wtf moment i've mentioned earlier. london is out as you've mentioned, guess where they jacked up the price to. top of the range. bet you, they are all out already.
I didn't come up with this. I'm not that sharp. If I've got it wrong, it means way smarter people got it wrong too...
  • #51,195
  • Jan 27, 2012 11:23am Jan 27, 2012 11:23am
Quoting pkimnyc
think you got that wrong buddy. big players never buy or sell at the breakouts, amateurs do. big ones buy at the bottom and sell at the top. buying came in at ny. drop was the shake out. think about where the drop ended. 15 min chart was signalling buy all along, which was the reason for wtf moment i've mentioned earlier. london is out as you've mentioned, guess where they jacked up the price to. top of the range. bet you, they are all out already.
I am so big I make the tops or bottoms.
  • #51,196
  • Jan 27, 2012 11:26am Jan 27, 2012 11:26am
Quoting sisse
All about the Greeks today .... Agreement seem to be a done deal given the last push to the highs across the board but the devil is in details short term ...long term I fully agree is only a kick the can measure.... for Pete's sake Greece is defaulted and they keep trying to sell us that is going to be fix ...poor Greeks .. Most of private holders already clean, hedge and re hedge their holding by now ..they are going to get their money one way or the other, they are just trying to squeeze something extra out of it .

In any case, FA stabilizing...
ok Greece cant pay its bills. i am trying to think of one euro member that can. one that hasn't made promises that it can pay for. i need help. anyway im gonna buy till the milk spoils. just not today.. i have to maneuver out my s. if my sl allows
those who can, do. those who cant, talk about those who can
  • #51,197
  • Jan 27, 2012 11:26am Jan 27, 2012 11:26am
daily macd just turned positive btw, fwiw...
  • #51,198
  • Jan 27, 2012 11:30am Jan 27, 2012 11:30am
Quoting kill56
lets see if 3202 holds t if yes i think we are safe for now
its Friday and i am gonna pull some nickles off when i see the chance. i just had a green tick
those who can, do. those who cant, talk about those who can
  • #51,199
  • Jan 27, 2012 11:31am Jan 27, 2012 11:31am
Quoting gatorinla
ok Greece cant pay its bills. i am trying to think of one euro member that can. one that hasn't made promises that it can pay for. i need help. anyway im gonna buy till the milk spoils. just not today.. i have to maneuver out my s. if my sl allows
heard something about 3200 barrier defence, don't know how much substance there is to it...
  • #51,200
  • Jan 27, 2012 11:31am Jan 27, 2012 11:31am
hey gator did you hang on to your fade?
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