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The Really Useless Thread

  • #55,141
  • Feb 8, 2012 2:34am Feb 8, 2012 2:34am
Quoting AllyB
LOL ... you a pancake too?

flat and happy

in other words.....don`t have a clue

some selling evident ahead of 3300

will be far happier looking at lower levels for entries
" Never let the past hold the future to ransom "
  • #55,142
  • Feb 8, 2012 2:38am Feb 8, 2012 2:38am
Quoting sisse
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....
thanks bro for you response...the more I look at the daily, yest bar is a MIB, ofc, time will tell if that is truely the case...I guess thats why I expect little or no pullback..a failure of it in the near future, next couple of days, will make me want to look for a play towards 2938, (last months mid), otherwise, we should see a quick follow through towards 3377/86 (last years quarter/last months 125%)..at any rate, I'm confused as hell, might just sit on my hands today..gl
Look Sharp/Trade Tight
  • #55,143
  • Feb 8, 2012 2:46am Feb 8, 2012 2:46am
Quoting PayTheLimit
..... will make me want to look for a play towards 2938, (last months mid), otherwise, we should see a quick follow through towards 3377/86 (last years quarter/last months 125%)..at any rate, I'm confused as hell, might just sit on my hands today..gl
Well as you say when one is a bit confused is better to watch the game from the sidelines.

I mostly agree with your view. If you are going to have some time on the sidelines, glance at the yearly (with weekly or monthly combo) as all levels you mentioned are more than clear in that chart. We are in rejection of lows in play with first move 99.99% completed to 1.333x (last year open) and the move down confirmation to test the lows is around the corner to confirm a hold of S to 1,295x (monthly support/mid as you said and more importantly yearly close...)

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #55,144
  • Feb 8, 2012 2:47am Feb 8, 2012 2:47am
86 66 46

00 80 60
" Never let the past hold the future to ransom "
  • #55,145
  • Feb 8, 2012 2:48am Feb 8, 2012 2:48am
Quoting AllyB
add steal and eggs to that and we have breakfast
only coffee and juice today, need to clean out my system...
Look Sharp/Trade Tight
  • #55,146
  • Feb 8, 2012 2:50am Feb 8, 2012 2:50am
what a floater
  • #55,147
  • Feb 8, 2012 2:53am Feb 8, 2012 2:53am
Quoting sisse
Well as you say when one is a bit confused is better to watch the game from the sidelines.

I mostly agree with your view. If you are going to have some time on the sidelines, glance at the yearly (with weekly or monthly combo) as all levels you mentioned are more than clear in that chart. We are in rejection of lows in play with first move 99.99% completed to 1.333x (last year open) and the move down confirmation to test the lows is around the corner to confirm a hold of S to 1,295x (monthly support/mid as you said and more importantly yearly...
will do, btw, for this month, a close above 4379 is needed for a green 6, next month that figure drops to 3386...
Look Sharp/Trade Tight
  • #55,148
  • Feb 8, 2012 2:53am Feb 8, 2012 2:53am
Quoting fxjawn
what a floater
thats your early LO commentary?
Look Sharp/Trade Tight
  • #55,149
  • Feb 8, 2012 2:54am Feb 8, 2012 2:54am
Quoting Gleneagles
86 66 46

00 80 60
oh great ... i was just going to post 42 62 82

it's way too early for these kind of decisions
  • #55,150
  • Feb 8, 2012 3:01am Feb 8, 2012 3:01am
Quoting PayTheLimit
will do, btw, for this month, a close above 4379 is needed for a green 6, next month that figure drops to 3386...
....what about in Sterling?...lol

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #55,151
  • Feb 8, 2012 3:01am Feb 8, 2012 3:01am
Quoting AllyB
oh great ... i was just going to post 42 62 82

it's way too early for these kind of decisions

long @ 66 nearly 20M ago only got to +10.8 looking for a measly +12???
" Never let the past hold the future to ransom "
  • #55,152
  • Feb 8, 2012 3:01am Feb 8, 2012 3:01am
Quoting PayTheLimit
thats your early LO commentary?
yes..

floater- a useless floating turd left behind by one's flushing
  • #55,153
  • Feb 8, 2012 3:01am Feb 8, 2012 3:01am
3276, the LO mid...
Attached Image (click to enlarge)
Click to Enlarge Name: chart4.gif Size: 14 KB
Look Sharp/Trade Tight
  • #55,154
  • Feb 8, 2012 3:03am Feb 8, 2012 3:03am
Quoting sisse
....what about in Sterling?...lol

sisse
6255, this month, and 5582 next month...
Look Sharp/Trade Tight
  • #55,155
  • Feb 8, 2012 3:08am Feb 8, 2012 3:08am
weekly levels 285 / 385
Attached Image (click to enlarge)
Click to Enlarge Name: EUW1.jpg Size: 86 KB
  • #55,156
  • Feb 8, 2012 3:09am Feb 8, 2012 3:09am
Quoting Gleneagles
long @ 66 nearly 20M ago only got to +10.8 looking for a measly +12???
pitiful
  • #55,157
  • Feb 8, 2012 3:11am Feb 8, 2012 3:11am
have to run out for a while, bbl...
Attached Image
Look Sharp/Trade Tight
  • #55,158
  • Feb 8, 2012 3:12am Feb 8, 2012 3:12am
Quoting PayTheLimit
have to run out for a while, bbl...
lol
  • #55,159
  • Feb 8, 2012 3:15am Feb 8, 2012 3:15am
Quoting AllyB
pitiful
took almost 30M to fill +12

good time to grab a bite to eat
" Never let the past hold the future to ransom "
  • #55,160
  • Feb 8, 2012 3:29am Feb 8, 2012 3:29am
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