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The Really Useless Thread

  • #59,421
  • Feb 21, 2012 7:09pm Feb 21, 2012 7:09pm
wheres the fuck the little guys with tiny docs
  • #59,422
  • Feb 21, 2012 7:17pm Feb 21, 2012 7:17pm
Quoting kill56
wheres the fuck the little guys with tiny docs
they got tiny doc syndrome ..
  • #59,423
  • Feb 21, 2012 7:18pm Feb 21, 2012 7:18pm
Quoting FibbinArchie
a quick glimpse at the e/u order book from the good people at forexlive.com, not sure of their specific sources...

 

  1. Bids very solid starting at 1.3215, 1.3200 and 1.3190
  2. First sign of light trailing stops on downside now below 1.3165
  3. Topside stops starting above 1.3275
  4. Sell orders 1.3290/00, and again 1.3310/15
  5. Very large stops now above 1.3325

A dealer with good access to flows and orders thinks that risk-reward definitely favours longs near current levels at 1.3230 with stops below 1.3165 and take-profit potential...

its crazy we will find out later on, although i doubt it we should visit 29000 befor the rise to the sun might be wrong
  • #59,424
  • Feb 21, 2012 7:27pm Feb 21, 2012 7:27pm
Quoting FibbinArchie
a quick glimpse at the e/u order book from the good people at forexlive.com, http://www.forexlive.com/ https://twitter.com/#!/ForexLive (not sure who their specific sources are)...

 

  1. Bids very solid starting at 1.3215, 1.3200 and 1.3190
  2. First sign of light trailing stops on downside now below 1.3165
  3. Topside stops starting above 1.3275
  4. Sell orders 1.3290/00, and again 1.3310/15
  5. Very large stops now above 1.3325

A dealer with good access to flows...


Sounds good to me. Longs on the daily are favored without a close below 3200.
  • #59,425
  • Feb 21, 2012 7:28pm Feb 21, 2012 7:28pm
Quoting kill56
its crazy we will find out later on, although i doubt it we should visit 29000 befor the rise to the sun might be wrong
who knows with these fuckin' markets kill, i just try and follow the short term sentiment, hit 'n' run bro, hit 'n' run...
  • #59,426
  • Feb 21, 2012 7:29pm Feb 21, 2012 7:29pm
Quoting Venice
Sounds good to me. Longs on the daily are favored without a close below 3200.
quiet start to asia, gonna come back for londres..

have a good night v...

edit- oops, into first layer of bids as i type and it reacted a little, may watch a little longer..
  • #59,427
  • Feb 21, 2012 7:32pm Feb 21, 2012 7:32pm
Quoting FibbinArchie
quiet start to asia, gonna come back for londres..

have a good night v...
Cheers Archie. We are actually getting some movement but i'm looking for loading for the bigger picture. Lots of decisions to made here. We are either at the top of the next wave down which will reset the trend direction, or ready for blast off into the moon.

My pattern says play the short... but once again this feels like a needlessly paying the risk situation. I need at least one daily bear candle before I get serious about it.
  • #59,428
  • Feb 21, 2012 7:35pm Feb 21, 2012 7:35pm
Quoting Venice
Cheers Archie. We are actually getting some movement but i'm looking for loading for the bigger picture. Lots of decisions to made here. We are either at the top of the next wave down, or ready for blast off into the moon.
new situation now greece is unlikely to default, may see some large macro players repositioning...

don't forget COT, euro shorts have been at record levels until just recently...
  • #59,429
  • Feb 21, 2012 7:37pm Feb 21, 2012 7:37pm
Quoting FibbinArchie
new situation now greece is unlikely to default, may see some large macro players repositioning...
I sure hope so. I would like to see a sustained move happen so we can get back to the good old days of trending. And by good old days I mean last year, when I thought price couldn't get any worse on the daily (but it was still manageable). LOL
  • #59,430
  • Feb 21, 2012 7:38pm Feb 21, 2012 7:38pm
Quoting FibbinArchie
don't forget euro shorts have been at record highs recently...
Big boys or retail?
  • #59,431
  • Feb 21, 2012 7:43pm Feb 21, 2012 7:43pm
Quoting Venice
Big boys or retail?
CFTC data, analysed by Dow Jones, not read the small print, but i guess more on the macro side, large players...
  • #59,432
  • Feb 21, 2012 7:45pm Feb 21, 2012 7:45pm
Quoting Venice
I sure hope so. I would like to see a sustained move happen so we can get back to the good old days of trending. And by good old days I mean last year, when I thought price couldn't get any worse on the daily (but it was still manageable). LOL
agree big time, we've been in this side ways holding pattern for about a month now..
  • #59,433
  • Feb 21, 2012 7:45pm Feb 21, 2012 7:45pm
Quoting FibbinArchie
CFTC data, analysed by Dow Jones, not read the small print, but i guess more on the macro side, large players...
All I know is... This thing has felt heavy the entire way up over the last few weeks. So it's very possible.

Cable has now turned. I'm expecting this next wave to take us 5570 min.

I know better than to trade against Piters as well... so yeah The Bastard shows up out of nowhere picking tops and bottoms... and quite consistently too.

Regardless, I can make clear cases for direction on both sides of the aisle... so whatever I set tonight will probably be wherever price is setting around 11-12 EST and i'll make a hail mary play with tight risk.
  • #59,434
  • Feb 21, 2012 7:49pm Feb 21, 2012 7:49pm
Quoting Venice
All I know is... This thing has felt heavy the entire way up over the last few weeks. So it's very possible.

Cable has now turned. I'm expecting this next wave to take us 5570 min.

I know better than to trade against Piters as well... so yeah
need to figure out what the fundy drivers are gonna be over the coming weeks, reckon we could still be on greek uncertainty, seems to still be a fair amount of scepticism over the psi deal..
  • #59,435
  • Feb 21, 2012 7:57pm Feb 21, 2012 7:57pm
Quoting AllyB
you mean naked?
  • #59,436
  • Feb 21, 2012 8:01pm Feb 21, 2012 8:01pm
Failure on the Neckline is what I'm interested in (daily).
  • #59,437
  • Feb 21, 2012 8:10pm Feb 21, 2012 8:10pm
Quoting pkimnyc
Failure on the Neckline is what I'm interested in (daily).
looking to short below 305x?
  • #59,438
  • Feb 21, 2012 8:18pm Feb 21, 2012 8:18pm
I don't see a clear neck line on daily. H1 is better.
  • #59,439
  • Feb 21, 2012 8:18pm Feb 21, 2012 8:18pm
Quoting FibbinArchie
looking to short below 305x?
I did.
  • #59,440
  • Feb 21, 2012 8:27pm Feb 21, 2012 8:27pm
Quoting pkimnyc
I did.
guess you long term players factor in the dds..
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