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The Really Useless Thread

  • #55,121
  • Feb 8, 2012 1:41am Feb 8, 2012 1:41am
morning, almost there

USDOLLAR H1:
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Don't be a hero. Don't have an ego. Always question yourself
  • #55,122
  • Feb 8, 2012 1:43am Feb 8, 2012 1:43am
Quoting USD-Bear
morning, almost there

USDOLLAR H1:
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morning brother, how big is the drop if it doesnt hold?
Look Sharp/Trade Tight
  • #55,123
  • Feb 8, 2012 1:51am Feb 8, 2012 1:51am
Quoting PayTheLimit
morning brother, how big is the drop if it doesnt hold?
if it doesn't it could be huge I think, if presents thinking of countering 1.3330 (100-d SMA) below that needing clear reversal signs

USDOLLAR D1;
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Don't be a hero. Don't have an ego. Always question yourself
  • #55,124
  • Feb 8, 2012 1:52am Feb 8, 2012 1:52am
Waiting for LO

watching 3230/40 level if it comes into play

futures still pointing up trying to make HH
" Never let the past hold the future to ransom "
  • #55,125
  • Feb 8, 2012 2:00am Feb 8, 2012 2:00am
Quoting gatorinla
closed s.. for 17 pips... pending at 74.. nap time.
s well atm. waiting on London. 3146/28 would be nice to look for a L.
those who can, do. those who cant, talk about those who can
  • #55,126
  • Feb 8, 2012 2:02am Feb 8, 2012 2:02am
Quoting USD-Bear
if it doesn't it could be huge I think, if presents thinking of countering 1.3330 (100-d SMA) below that needing clear reversal signs

USDOLLAR D1;
Attachment
I'm still bullish, I tried to find my simplest chart...bulls managed a close above two big monthly numbers, and it took them a week, a daily failure to close above here again today would be a disapointment I would imagine..
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Look Sharp/Trade Tight
  • #55,127
  • Feb 8, 2012 2:03am Feb 8, 2012 2:03am
3266, frankies mid..
Look Sharp/Trade Tight
  • #55,128
  • Feb 8, 2012 2:05am Feb 8, 2012 2:05am
Quoting PayTheLimit
3259, last hours mid..
Check Dax again mate. 684x is wide open now (also ES with close yesterday) and at these level it can easily carry euro to the 1.332x area.

We are in danger zone now and is definitively not a place for reloading longs ...let see if e can reach final target with London...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #55,129
  • Feb 8, 2012 2:11am Feb 8, 2012 2:11am
Quoting sisse
Check Dax again mate. 684x is wide open now (also ES with close yesterday) and at these level it can easily carry euro to the 1.332x area.

We are in danger zone now and is definitively not a place for reloading longs ...let see if e can reach final target with London...

sisse
where would you consider shorts in the Euro? and under what conditions? I am of the opinion that there should not be any meaningful pullback today..
Look Sharp/Trade Tight
  • #55,130
  • Feb 8, 2012 2:16am Feb 8, 2012 2:16am
weekly/daily lint bin..

morning Ally...
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Look Sharp/Trade Tight
  • #55,131
  • Feb 8, 2012 2:17am Feb 8, 2012 2:17am
Quoting Gleneagles
Waiting for LO

watching 3230/40 level if it comes into play

futures still pointing up trying to make HH
nice avatar
  • #55,132
  • Feb 8, 2012 2:17am Feb 8, 2012 2:17am
Quoting PayTheLimit
I'm still bullish, I tried to find my simplest chart...bulls managed a close above two big monthly numbers, and it took them a week, a daily failure to close above here again today would be a disapointment I would imagine..
ic, looking at longer term patterns (and a bit of FA) a clear turn downwards around 1.33+ would indicate for me a likely resumption of the larger downtrend breaking 1.26 lows. Breaking 1.35 upwards would question that view.
So if shorting, contrary to my normal way of trading maybe folowing the move is better then countering.
Prob best to wait the Greece thing today before doing anything....
Don't be a hero. Don't have an ego. Always question yourself
  • #55,133
  • Feb 8, 2012 2:19am Feb 8, 2012 2:19am
Quoting PayTheLimit
where would you consider shorts in the Euro? and under what conditions?
Well a tick above 1.323x "opened" some short lines yesterday at least to mark them in the charts.

Areas/levels to consider shorts but obviously without timing in the analysis: 1.329x earliest level to watch (not in my plans). 1.332x / 1.336x is a massive, strong key area in monthly/weekly/daily area and more importantly is Quarterly break out point...last week Q chart attached for reference.

For timing, as you know I don't try to catch major bottoms and tops in that TFs so they will be in the same areas with daily chart confirmation. FA the BS from Greece announcement must be cleared and the next few weeks until march to form the "top" of the current pullback wave.... if we overshoot 1.336x without a trigger down I will have to reevaluate plans.

sisse
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Pending conversations? PM for a chat...I am mainly in OTM now
  • #55,134
  • Feb 8, 2012 2:19am Feb 8, 2012 2:19am
Quoting PayTheLimit
weekly/daily lint bin..

morning Ally...
can't stop laughing ... gleneagles avatar ...

good morning PTL you long short or in the middle?
  • #55,135
  • Feb 8, 2012 2:22am Feb 8, 2012 2:22am
Quoting AllyB
good morning PTL you long short or in the middle?
flat, like a pancake...
Look Sharp/Trade Tight
  • #55,136
  • Feb 8, 2012 2:27am Feb 8, 2012 2:27am
Quoting AllyB
can't stop laughing ... gleneagles avatar ...

good morning PTL you long short or in the middle?

lol it is the WTF man himself
" Never let the past hold the future to ransom "
  • #55,137
  • Feb 8, 2012 2:28am Feb 8, 2012 2:28am
Quoting PayTheLimit
flat, like a pancake...
add steal and eggs to that and we have breakfast
  • #55,138
  • Feb 8, 2012 2:29am Feb 8, 2012 2:29am
Quoting USD-Bear
ic, looking at longer term patterns (and a bit of FA) a clear turn downwards around 1.33+ would indicate for me a likely resumption of the larger downtrend breaking 1.26 lows. Breaking 1.35 upwards would question that view.
So if shorting, contrary to my normal way of trading maybe folowing the move is better then countering.
Prob best to wait the Greece thing today before doing anything....
thanks for your view, good luck today..
Look Sharp/Trade Tight
  • #55,139
  • Feb 8, 2012 2:30am Feb 8, 2012 2:30am
Quoting Gleneagles
lol it is the WTF man himself
LOL ... you a pancake too?
  • #55,140
  • Feb 8, 2012 2:34am Feb 8, 2012 2:34am
short 75 targeting 10
dreams do come true.
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