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The Really Useless Thread

  • #61,001
  • Feb 28, 2012 10:35am Feb 28, 2012 10:35am
Quoting attila
Don't hold your breath.. Kidding..
way out of the money forecasts on new orders and consumer confidence...
  • #61,002
  • Feb 28, 2012 10:36am Feb 28, 2012 10:36am
Quoting chazzle
bastards
Don't feel bad, it's going higher... 80-90 maybe..
  • #61,003
  • Feb 28, 2012 10:37am Feb 28, 2012 10:37am
67 was an interim level friday pm before the pop to 86..
  • #61,004
  • Feb 28, 2012 10:38am Feb 28, 2012 10:38am
Quoting attila
Don't feel bad, it's going higher... 80-90 maybe..
looking for a pull back, 40-50 area maybe..

reckon 3500 could be on the cards before ny close today..
  • #61,005
  • Feb 28, 2012 10:40am Feb 28, 2012 10:40am
Quoting FibbinArchie
looking for a pull back, 40-50 area maybe..
Possible.... I would watch out if they plugged in the algos before going long again. They are little tricky motherfuckers..
  • #61,006
  • Feb 28, 2012 10:41am Feb 28, 2012 10:41am
Quoting attila
Possible.... I would watch out if they plugged in the algos before going long again. They are little tricky motherfuckers..
true that, will try and gauge it with momentum..
  • #61,007
  • Feb 28, 2012 10:43am Feb 28, 2012 10:43am
Quoting attila
Don't feel bad, it's going higher... 80-90 maybe..
it's ok - I see 530 on the cards if price can keep up at these levels -- standing aside though for now
  • #61,008
  • Feb 28, 2012 10:45am Feb 28, 2012 10:45am
Quoting chazzle
it's ok - I see 530 on the cards if price can keep up at these levels -- standing aside though for now
This was London, technically... it's lunch in NY, so I'm sitting this as well..
  • #61,009
  • Feb 28, 2012 10:46am Feb 28, 2012 10:46am
Quoting chazzle
it's ok - I see 530 on the cards if price can keep up at these levels -- standing aside though for now
and 59 h4 res , to keep it in the flag also
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  • #61,010
  • Feb 28, 2012 10:47am Feb 28, 2012 10:47am
Quoting chazzle
it's ok - I see 530 on the cards if price can keep up at these levels -- standing aside though for now
may get a counter trend, if so i'll look for a resumption around 6pm our time (end of ny lunch)...

gotta nip up to asda, be back later...
  • #61,011
  • Feb 28, 2012 10:59am Feb 28, 2012 10:59am
algos... I don't think longs are good for a while..
  • #61,012
  • Feb 28, 2012 11:46am Feb 28, 2012 11:46am
ES (US stocks) strongly positioning for the Home Run in the monthly close. A break 1370 (ES) will do it and euro 1.360x will not be that far away.

Amazing really given the steep almost vertical trend in stock markets without a single daily pullback in nearly 2 months (For those who were not trading before 2008 a textbook example of a trend in stocks....)... euro stuck in the range as expected as is only getting carry away by correlated markets...

Interesting and main levels and key closes (today and tomorrow and this week) for direction mid term...

Flat across the board now here but plenty of potential options across the board for the next hours/days...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #61,013
  • Feb 28, 2012 11:54am Feb 28, 2012 11:54am
Weekly could go further up...
I stay on the sideline with shorter term investments and one Swinging Trade PO EU Short @ 1.3620
  • #61,014
  • Feb 28, 2012 12:00pm Feb 28, 2012 12:00pm
Favored aspect for me. GBPAUD Long @ 1.4750 (Long Term Investment)
  • #61,015
  • Feb 28, 2012 12:00pm Feb 28, 2012 12:00pm
Quoting gatorinla
aud still contained. the r/r is lower..i do expect a bounce at least = to the all time high at some point, (1.1068) but after a decent pullback is done first. (im just respecting the usdx s/r). the mid of the last leg is 1.00239.. the resistance here is a mofu to 1.1068..
next h close above/below 3450.5
those who can, do. those who cant, talk about those who can
  • #61,016
  • Feb 28, 2012 12:01pm Feb 28, 2012 12:01pm
Quoting Forexcube
Weekly could go further up...
I stay on the sideline with shorter term investments and one Swinging Trade PO Short @ 1.3620
might like it if/when we get there
Don't be a hero. Don't have an ego. Always question yourself
  • #61,017
  • Feb 28, 2012 12:07pm Feb 28, 2012 12:07pm
Quoting gatorinla
next h close above/below 3450.5
4h on the bull side.. still need 3461 and 63... still don't mean a thing w/o the usdx.. its holding firm atm.. those others suggest it will be tested.
those who can, do. those who cant, talk about those who can
  • #61,018
  • Feb 28, 2012 12:10pm Feb 28, 2012 12:10pm
Quoting sisse
ES (US stocks) strongly positioning for the Home Run in the monthly close. A break 1370 (ES) will do it and euro 1.360x will not be that far away.

Amazing really given the steep almost vertical trend in stock markets without a single daily pullback in nearly 2 months (For those who were not trading before 2008 a textbook example of a trend in stocks....)... euro stuck in the range as expected as is only getting carry away by correlated markets...

Interesting and main levels and key closes (today and tomorrow and this week) for direction mid term...

Flat...
im seeing 3610 min.... and 200 pips higher on the gbp. aud a shitload. prier to that a usd flex.. that could be a large drop.
those who can, do. those who cant, talk about those who can
  • #61,019
  • Feb 28, 2012 12:17pm Feb 28, 2012 12:17pm
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The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #61,020
  • Feb 28, 2012 12:20pm Feb 28, 2012 12:20pm
Quoting gatorinla
im seeing 3610 min.... and 200 pips higher on the gbp. aud a shitload. prier to that a usd flex.. that could be a large drop.
Strongly agree with 1.361x and cable 1.603x. AUD 1.096x wide open but not beyond as quarterly and yearly may cap the move.

I also agree that we need a pullback in dollar and the trigger will definitively come from profit taking in equities.

Let see, stocks in mania mode so I guess we need to trade accordingly.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
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