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The Really Useless Thread

  • #52,181
  • Jan 31, 2012 7:44am Jan 31, 2012 7:44am
Quoting PayTheLimit
you buying that dumb EC soon?
yea are you?
  • #52,182
  • Jan 31, 2012 7:45am Jan 31, 2012 7:45am
Quoting fxjawn
yea are you?
no...but if I was the SNB, I'd cxl my bid, run the longs out, then bid again...
Look Sharp/Trade Tight
  • #52,183
  • Jan 31, 2012 7:46am Jan 31, 2012 7:46am
Quoting PayTheLimit
no...
i have a limit a lil lower so ill see what happens
  • #52,184
  • Jan 31, 2012 7:47am Jan 31, 2012 7:47am
Quoting PayTheLimit
what up bastard...

where you been?
Slow trading in general bro. Nothing special across the board since early last week and pretty much sidelined in the euro as is outside of my monthly scope so just letting it roll to refresh. As I mentioned last week, only tracking 1.315x for the roll.

Cable looking interesting, indexes a bit noisy, coughing in chop zone so nothing really exciting here...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #52,185
  • Jan 31, 2012 7:48am Jan 31, 2012 7:48am
Quoting Gleneagles
Just waiting for yellow square....to sell
he lives! i thought you had fallen into a vat of fresh brew and decided to drink and not swim

then again ... yellow squares ... hummm you taking your meds on time?
  • #52,186
  • Jan 31, 2012 7:53am Jan 31, 2012 7:53am
Quoting sisse
Slow trading in general bro. Nothing special across the board since early last week and pretty much sidelined in the euro as is outside of my monthly scope so just letting it roll to refresh. As I mentioned last week, only tracking 1.315x for the roll.

Cable looking interesting, indexes a bit noisy, coughing in chop zone so nothing really exciting here...

sisse
same here bro, although I did take some shorts today for 3025, and next months mid maybe, 2938ish...would like that dumb PSI to get passed this week, but I might have a better chance of monkeys flying out of my ass, whats your take on EUR/CHF now, more importantly the impact on EUR/USD..
Look Sharp/Trade Tight
  • #52,187
  • Jan 31, 2012 7:54am Jan 31, 2012 7:54am
Quoting PayTheLimit
same here bro, although I did take some shorts today for 3025, and next months mid maybe, 2938ish...would like that dumb PSI to get passed this week, but I might have a better chance of monkeys flying out of my ass, whats your take on EUR/CHF now, more importantly the impact on EUR/USD..
remember last time when the floor hit.... EU spiked lik 300 pips then retraced it all...
  • #52,188
  • Jan 31, 2012 7:56am Jan 31, 2012 7:56am
Quoting fxjawn
remember last time when the floor hit.... EU spiked lik 300 pips then retraced it all...
indeed, and I will be waiting for that..
Look Sharp/Trade Tight
  • #52,189
  • Jan 31, 2012 7:57am Jan 31, 2012 7:57am
Quoting AllyB
he lives! i thought you had fallen into a vat of fresh brew and decided to drink and not swim

then again ... yellow squares ... hummm you taking your meds on time?
LOL looking for suitable premises for the brewery takes time

Sink or swim.....hhhmmm..tough choice

doing some swing trading using old EA

it works with squares
" Never let the past hold the future to ransom "
  • #52,190
  • Jan 31, 2012 8:03am Jan 31, 2012 8:03am
Quoting PayTheLimit
same here bro, although I did take some shorts today for 3025, and next months mid maybe, 2938ish...would like that dumb PSI to get passed this week, but I might have a better chance of monkeys flying out of my ass, whats your take on EUR/CHF now, more importantly the impact on EUR/USD..
I like a test 1.295x in the euro.

On EURCHF, from a strictly TA point of view and without debt and SNB in the picture, I would take a blind short 1.206x to 1.11xx. Strong rejection of resistance in a downtrend confirmed in daily/weekly and prolly today monthly. However, that is not remotely possible with SNB watching like a hawk EZ debt outcome in March. I will never ever bet against a CB, worst after what we saw what the SNB is capable last year.

In simple words a useless brilliant setup for shorts in the EURCHF. IMO, only open intervention (in a debt risk event) will have a measurable impact in eur/usd ....so EURCHF is discard in any of my plans short/mid term....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #52,191
  • Jan 31, 2012 8:03am Jan 31, 2012 8:03am
Quoting Gleneagles
LOL looking for suitable premises for the brewery takes time

Sink or swim.....hhhmmm..tough choice

doing some swing trading using old EA

it works with squares
OK as long as all is well but you threw me on the yellow squares ... all i could think of was you were following the yellow brick road to sell where

you going to be back helping me dust these bins tomorrow?
  • #52,192
  • Jan 31, 2012 8:05am Jan 31, 2012 8:05am
Quoting AllyB
OK as long as all is well but you threw me on the yellow squares ... all i could think of was you were following the yellow brick road to sell where

you going to be back helping me dust these bins tomorrow?

for sure , tomorrow could be a decent day again , first day of the month often has a biggish range
" Never let the past hold the future to ransom "
  • #52,193
  • Jan 31, 2012 8:06am Jan 31, 2012 8:06am
Quoting Wulfgar
That press conf was meh with an extra side of meh

I think we just saw US hedge fund EU short covering and esp USD selling from a better price as they hedge currency risk for the monthly roll

I expect more USD weakness through Asia, small rally during London... And a major ass ramming of all the USD bulls at the 11am est fix as the EU pushes to the 3329

the bold has happened.... beware the ass ramming
  • #52,194
  • Jan 31, 2012 8:08am Jan 31, 2012 8:08am
Quoting Gleneagles
for sure , tomorrow could be a decent day again , first day of the month often has a biggish range
lookin forward to that ... 80 pip range at this time of day is sick LOL
  • #52,195
  • Jan 31, 2012 8:10am Jan 31, 2012 8:10am
Quoting sisse
I like a test 1.295x in the euro.

On EURCHF, from a strictly TA point of view and without debt and SNB in the picture, I would take a blind short 1.206x to 1.11xx. Strong rejection of resistance in a downtrend confirmed in daily/weekly and prolly today monthly. However, that is not remotely possible with SNB watching like a hawk EZ debt outcome in March. I will never ever bet against a CB, worst after what we saw what the SNB is capable last year.

In simple words a useless brilliant setup for shorts in the EURCHF. IMO, only open intervention...
well I just want us to get on with it one way or the other and move away from this area...
Look Sharp/Trade Tight
  • #52,196
  • Jan 31, 2012 8:11am Jan 31, 2012 8:11am
Quoting AllyB
lookin forward to that ... 80 pip range at this time of day is sick LOL
64 tagged there, opens a play for 3200 or 3129
Look Sharp/Trade Tight
  • #52,197
  • Jan 31, 2012 8:11am Jan 31, 2012 8:11am
fuck mids.
Attached Image (click to enlarge)
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dreams do come true.
  • #52,198
  • Jan 31, 2012 8:13am Jan 31, 2012 8:13am
Quoting AllyB
lookin forward to that ... 80 pip range at this time of day is sick LOL
have yellow square but price bounced
" Never let the past hold the future to ransom "
  • #52,199
  • Jan 31, 2012 8:13am Jan 31, 2012 8:13am
Quoting wannaberich
fuck mids.
  • #52,200
  • Jan 31, 2012 8:16am Jan 31, 2012 8:16am
Quoting PayTheLimit
64 tagged there, opens a play for 3200 or 3129
oh sweet but little off there PTL ... 63
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