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The Really Useless Thread

  • #57,861
  • Feb 16, 2012 1:44am Feb 16, 2012 1:44am
Quoting USD-Bear
taking day off, like to see close today in relation to 1.3025 level before new plans.
Good luck all!
not a bad idea

wait for the barfight to settle and then kick those on the floor in the nuts
" Never let the past hold the future to ransom "
  • #57,862
  • Feb 16, 2012 1:48am Feb 16, 2012 1:48am
Quoting PayTheLimit
would be a hell of a lot easier if I knew if this was a major or minor beat..what do you say Glen?
trying to figure where the floor is of this beat

we have not seen a 2 beat pullback yet
it will come ..taking the size of the downmove into consideration

waiting for LO to see whether foodchars are going to stay above asian lows

right now it looks like a possible retrace but next 30M will be key

edit: watching 3033 level as soft res level
" Never let the past hold the future to ransom "
  • #57,863
  • Feb 16, 2012 1:51am Feb 16, 2012 1:51am
Quoting USD-Bear
taking day off, like to see close today in relation to 1.3025 level before new plans.
Good luck all!
Morning

Easy part of the move gone. Well done to all shorts from above. Here didn't hold on the close and missed the good part. Key 1,295x/3x naked now after the breach below 1.300x.

For London 1.303x in play for reloading but is barely an acceptable r:r to final target ......

Bear, nicely done with those shorts. Your targets hit ...enjoy the day off

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #57,864
  • Feb 16, 2012 1:51am Feb 16, 2012 1:51am
3033 res level would also be 2 beat bounce from daily lows
" Never let the past hold the future to ransom "
  • #57,865
  • Feb 16, 2012 1:55am Feb 16, 2012 1:55am
Quoting Gleneagles
3033 res level would also be 2 beat bounce from daily lows

so the two beat is key?
Look Sharp/Trade Tight
  • #57,866
  • Feb 16, 2012 1:59am Feb 16, 2012 1:59am
Quoting PayTheLimit
so the two beat is key?

i normally look for 2 beat retrace after a long run to judge whether it will reverse/continue
" Never let the past hold the future to ransom "
  • #57,867
  • Feb 16, 2012 2:00am Feb 16, 2012 2:00am
3009, frankies mid..
Look Sharp/Trade Tight
  • #57,868
  • Feb 16, 2012 2:01am Feb 16, 2012 2:01am
Quoting Gleneagles
i normally look for 2 beat retrace after a long run to judge whether it will reverse/continue
gotcha..
Look Sharp/Trade Tight
  • #57,869
  • Feb 16, 2012 2:04am Feb 16, 2012 2:04am
foodchars and cable retracing

looks like they are swinging down now at LO

a deeper retrace before possible trend continuation would have been a bit better me thinks
" Never let the past hold the future to ransom "
  • #57,870
  • Feb 16, 2012 2:04am Feb 16, 2012 2:04am
Quoting PayTheLimit
3009, frankies mid..
tested, now a HH this hour might put the spring on for a more significant bounce..

3051 is oipen with the close above 3015 last hour..
Look Sharp/Trade Tight
  • #57,871
  • Feb 16, 2012 2:04am Feb 16, 2012 2:04am
Hi there guys,

1.2990-1.3000 looks like the edge of the cliff

precisely because of this any break out of here should be taken with a grain of salt since it's been known that breakouts outta zones like this are usually bungee jumps with short ropes...
in the event of the breakout need to watch reaction to 1.2920s

Having said that, I'm bearish until further notice
Hear the music before the song is over ...
  • #57,872
  • Feb 16, 2012 2:07am Feb 16, 2012 2:07am
one more
Attached Image (click to enlarge)
Click to Enlarge Name: 15m eur.gif Size: 20 KB
  • #57,873
  • Feb 16, 2012 2:15am Feb 16, 2012 2:15am
2957 is lower on the year again..
Look Sharp/Trade Tight
  • #57,874
  • Feb 16, 2012 2:29am Feb 16, 2012 2:29am
2993-3033 range

3013 and 3033 to sell

bids 3000 propping up

needs a spike below 3000 to grab +12
" Never let the past hold the future to ransom "
  • #57,875
  • Feb 16, 2012 2:30am Feb 16, 2012 2:30am
first +12 now
" Never let the past hold the future to ransom "
  • #57,876
  • Feb 16, 2012 2:32am Feb 16, 2012 2:32am
Quoting Gleneagles
first +12 now

nice, now you can grab six...
Look Sharp/Trade Tight
  • #57,877
  • Feb 16, 2012 2:33am Feb 16, 2012 2:33am
foodchars back at asian lows

a break below could trigger another run south
" Never let the past hold the future to ransom "
  • #57,878
  • Feb 16, 2012 2:34am Feb 16, 2012 2:34am
blood all over the eu asia

es dow fut's are fucked

greece only way for salvation is drachmas

french german and italian banks are fucked with new drachma the rest u know what its eur is going back to 9000
  • #57,879
  • Feb 16, 2012 2:35am Feb 16, 2012 2:35am
Quoting Gleneagles
foodchars back at asian lows

a break below could trigger another run south
btw, just ordered your retirement present..
Attached Image
Look Sharp/Trade Tight
  • #57,880
  • Feb 16, 2012 2:35am Feb 16, 2012 2:35am
this could get ugly....beer is on special today
" Never let the past hold the future to ransom "
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