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The Really Useless Thread

  • #56,821
  • Feb 13, 2012 11:27am Feb 13, 2012 11:27am
Quoting USD-Bear
moved stop to BE and stay away there will you?
I would still not short it.... Another beautiful session courtesy of the NY wankers....
  • #56,822
  • Feb 13, 2012 11:27am Feb 13, 2012 11:27am
Quoting FibbinArchie
maybe sellers have just eased off a bit, european close and ny lunch hour, lets c...

edit- tick vol has dwindled, which wouldn't suggest any supply absorption, could be wrong...
Yep. Hard to tell. May be a good place for a quick play to risk the current lows. A few pips. Although I don't usually like to counter until I see at least a HH made.
  • #56,823
  • Feb 13, 2012 11:29am Feb 13, 2012 11:29am
Quoting kill56
h4 looks sexy and aiming for 79.40's oh 22 in the way
thanks kill..
  • #56,824
  • Feb 13, 2012 11:29am Feb 13, 2012 11:29am
Quoting FibbinArchie
mid to long, 4h+, i noticed you posted a channel test last night..

edit - speaking of channels, seeing space down to about 318x on e/u, murray and weekly pivot agree...
It's USDOLLAR but compares to dxy, both horizontals proved very important, lower one equals 1.3325 in EU
Not much of a TA (but that's me) break of decreasing trendline look fake to me, waiting for 9800 break now.

USDOLLAR H4:
Attached Image (click to enlarge)
Click to Enlarge Name: Picture0047.jpg Size: 122 KB
Don't be a hero. Don't have an ego. Always question yourself
  • #56,825
  • Feb 13, 2012 11:29am Feb 13, 2012 11:29am
Quoting Venice
Yep. Hard to tell. May be a good place for a quick play to risk the current lows. A few pips. Although I don't usually like to counter until I see at least a HH made.
hmmm, gonna see where the next hourly wants to go..
  • #56,826
  • Feb 13, 2012 11:30am Feb 13, 2012 11:30am
Quoting USD-Bear
It's USDOLLAR but compares to dxy, both horizontals proved very important, lower one equals 1.3325 in EU
Not much of a TA (but that's me) break of decreasing trendline look fake to me, waiting for 9800 break now.

USDOLLAR H4:
Attachment
thanks ub...
  • #56,827
  • Feb 13, 2012 11:34am Feb 13, 2012 11:34am
Quoting FibbinArchie
hmmm, gonna see where the next hourly wants to go..
And that's why I like to see a HH first

Sometimes it's just not worth paying the risk needlessly.
  • #56,828
  • Feb 13, 2012 11:36am Feb 13, 2012 11:36am
Quoting attila
I would still not short it.... Another beautiful session courtesy of the NY wankers....
where would you want it?
Don't be a hero. Don't have an ego. Always question yourself
  • #56,829
  • Feb 13, 2012 11:40am Feb 13, 2012 11:40am
Quoting USD-Bear
where would you want it?
for short? I don't know. What I'm saying it's too late for me to short now.. I'll be watching 80 now..

It's bullish while above 3100, so longs only...
  • #56,830
  • Feb 13, 2012 11:49am Feb 13, 2012 11:49am
Quoting Venice
That was a quick carry trade
ya closed her yesterday when it looked like she might turn around ... also i did not get the reaction i wanted out of sunday so i got out
  • #56,831
  • Feb 13, 2012 11:57am Feb 13, 2012 11:57am
Quoting fxjawn
ya closed her yesterday when it looked like she might turn around ... also i did not get the reaction i wanted out of sunday so i got out
I'm just now getting her warmed up.
  • #56,832
  • Feb 13, 2012 12:36pm Feb 13, 2012 12:36pm
Might wait for a better pullback before entering long (hopefully 1.29/1.30) - FOMC Wednesday might drag us down a bit until QE7 released
Disclaimer: Check your 1m charts
  • #56,833
  • Edited 1:20pm Feb 13, 2012 1:09pm | Edited 1:20pm
Quoting pipper
Might wait for a better pullback before entering long (hopefully 1.29/1.30) - FOMC Wednesday might drag us down a bit until QE7 released
I'm having a hard time judging the demand zone here. To much spikey crap on the daily from the last few weeks.

I guess if you wanted to risk the current daily lows... 50 pips or so from current price.
  • #56,834
  • Feb 13, 2012 1:28pm Feb 13, 2012 1:28pm
What a waste of time.. That's all I have to say about that. Oh wait: Fuck the NY session!
  • #56,835
  • Edited 1:50pm Feb 13, 2012 1:36pm | Edited 1:50pm
Quoting attila
What a waste of time.. That's all I have to say about that. Oh wait: Fuck the NY session!
hehe. These markets are always so bipolar. All over the place or not moving.

I just want a easy going trending day... I guess today wasn't too bad, at least earlier. But we are stuck again.

I've got a Aussie long locked, lets see if I can get a hail marry out of it or it just ends up being a turd.
  • #56,836
  • Feb 13, 2012 2:05pm Feb 13, 2012 2:05pm
Quoting Venice
hehe. These markets are always so bipolar. All over the place or not moving.

I just want a easy going trending day... I guess today wasn't too bad, at least earlier. But we are stuck again.

I've got a Aussie long locked, lets see if I can get a hail marry out of it or it just ends up being a turd.
If the NY session trended, then I'm a horse. It pisses me to no end..
  • #56,837
  • Feb 13, 2012 2:05pm Feb 13, 2012 2:05pm
Quoting Venice
hehe. These markets are always so bipolar. All over the place or not moving.

I just want a easy going trending day... I guess today wasn't too bad, at least earlier. But we are stuck again.

I've got a Aussie long locked, lets see if I can get a hail marry out of it or it just ends up being a turd.
Turd it is... lol
  • #56,838
  • Feb 13, 2012 2:05pm Feb 13, 2012 2:05pm
3178/82 next area of interest..
Attached Image (click to enlarge)
Click to Enlarge Name: chart5.gif Size: 20 KB
Look Sharp/Trade Tight
  • #56,839
  • Feb 13, 2012 2:06pm Feb 13, 2012 2:06pm
Quoting attila
If the NY session trended, then I'm a horse. It pisses me to no end..
Bunch of bs really... down we go.. .eh. H4 has that LH in place. Entering demand.

I swear to feck, if we end up in this range all week long I am going to strangle someone.
  • #56,840
  • Feb 13, 2012 2:13pm Feb 13, 2012 2:13pm
Quoting Venice
Bunch of bs really... down we go.. .eh. H4 has that LH in place. Entering demand.

I swear to feck, if we end up in this range all week long I am going to strangle someone.
I'd say between around here and 3300..
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