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The Really Useless Thread

  • #61,201
  • Feb 29, 2012 11:03am Feb 29, 2012 11:03am
Quoting gatorinla
me too.. look back further, jan was the first time.
If it wanted to continue it shouldn't have stopped here. Let's see if it bounces and comes back. In the mean time I will not discount any longs and be cautious with shorts... Move above 85 and consolidation there will be very good for longs..
  • #61,202
  • Feb 29, 2012 11:06am Feb 29, 2012 11:06am
Quoting attila
If it wanted to continue it shouldn't have stopped here. Let's see if it bounces and comes back. In the mean time I will not discount any longs and be cautious with shorts... Move above 85 and consolidation there will be very good for longs..
Def looking for longs myself. I want a little bit of a pull back to erk some of the risk of the low first.
  • #61,203
  • Feb 29, 2012 11:08am Feb 29, 2012 11:08am
month end don't forget folks, could get bumpy..
  • #61,204
  • Feb 29, 2012 11:09am Feb 29, 2012 11:09am
Quoting attila
If it wanted to continue it shouldn't have stopped here. Let's see if it bounces and comes back. In the mean time I will not discount any longs and be cautious with shorts... Move above 85 and consolidation there will be very good for longs..
i dont doubt any bounce. in a normal time. i would wait for 3425/26 to s.. that way i have a 1 to 4 r/r... for 3247... 3247 is not a certainty.. but it is a high probability trade before the risk at 348x-high

a pause or bounce at a fib is normal.. we are also beyond daily atr.
those who can, do. those who cant, talk about those who can
  • #61,205
  • Feb 29, 2012 11:14am Feb 29, 2012 11:14am
Quoting gatorinla
i dont doubt any bounce. in a normal time. i would wait for 3425/26 to s.. that way i have a 1 to 4 r/r... for 3247... 3247 is not a certainty.. but it is a high probability trade before the risk at 348x-high

a pause or bounce at a fib is normal.. we are also beyond daily atr.
It just gave us more to play with. I still think we'll be in this area for a long time..
  • #61,206
  • Feb 29, 2012 11:39am Feb 29, 2012 11:39am
Quoting attila
It just gave us more to play with. I still think we'll be in this area for a long time..
It just gave us more to play with. I still think we'll be in this area for a long time..[/quote]

the usdx on and this one (eu) are similar. both show the tl going up.. but the side of the tl both are on are atm usd positive..
you have to see the usdx one before using a context on this on alone.. i know.. its going up..
Attached Image (click to enlarge)
Click to Enlarge Name: usdx cam.PNG Size: 22 KB
those who can, do. those who cant, talk about those who can
  • #61,207
  • Feb 29, 2012 11:49am Feb 29, 2012 11:49am
3338.8 is a lower mofu ... not there yet
those who can, do. those who cant, talk about those who can
  • #61,208
  • Feb 29, 2012 11:50am Feb 29, 2012 11:50am
Flat across the board in a below par session here until the monthly roll.

Gold still in the lead and clean swept of longs. European markets floor closed at reversal/pullback in daily. ES fighting the rejection of highs for the same but intraday BB bar is very strong.

On currencies all need monthly roll, Euro flirting with daily pullback but monthly roll at 1.338x is the key. Cable with a lot more room to last break out and 1.603x still open. AUD rejecting highs and Gold can weight heavy on the pair and Yen in the strongest pullback against the dollar in a few years holding steady...

Nothing to do till the close.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #61,209
  • Feb 29, 2012 11:58am Feb 29, 2012 11:58am
i told ya yesterday, ny back to good old form..

Inserted Video
  • #61,210
  • Feb 29, 2012 12:03pm Feb 29, 2012 12:03pm
Quoting sisse
Flat across the board in a below par session here until the monthly roll.

Gold still in the lead and clean swept of longs. European markets floor closed at reversal/pullback in daily. ES fighting the rejection of highs for the same but intraday BB bar is very strong.

On currencies all need monthly roll, Euro flirting with daily pullback but monthly roll at 1.338x is the key. Cable with a lot more room to last break out and 1.603x still open. AUD rejecting highs and Gold can weight heavy on the pair and Yen in the strongest pullback against the...
same here.. had a great week..so far.. not gonna f it u
those who can, do. those who cant, talk about those who can
  • #61,211
  • Feb 29, 2012 12:11pm Feb 29, 2012 12:11pm
Quoting gatorinla
same here.. had a great week..so far.. not gonna f it u
Nice to heard that bro... here a v. mediocre week so far. Still plenty of options in play for this week.

In any case, the "big" analysts are translating BB now on the wires. Most of them (not all) are reading as no QE3 and the Gold sell-off as a warning signals that a rate hike can be on sight for Q4.

If that's the case, we'll need a new very strong round of FA positive numbers in the US to offset and convince the markets that not more free money is need and the economy can walk alone again.

Early to judge in charts yet but definitively we are +/- inside of key areas TA wise.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #61,212
  • Feb 29, 2012 12:15pm Feb 29, 2012 12:15pm
gator

sisse



and to all the bastard in green and no lube

great month so far still in it though lets see where we close
  • #61,213
  • Feb 29, 2012 12:25pm Feb 29, 2012 12:25pm
Quoting sisse
Nice to heard that bro... here a v. mediocre week so far. Still plenty of options in play for this week.

In any case, the "big" analysts are translating BB now on the wires. Most of them (not all) are reading as no QE3 and the Gold sell-off as a warning signals that a rate hike can be on sight for Q4.

If that's the case, we'll need a new very strong round of FA positive numbers in the US to offset and convince the markets that not more free money is need and the economy can walk alone again.

Early to judge in charts yet but definitively we...
im not sold just yet chart wise. .but to remain in the tl. it will not be this week.. after 3247+ jason may regroup for the ypp.. to stay in the tl that's late march.. the gbp had its sights on 6100.. i need a 240 pip drop to cancel..
those who can, do. those who cant, talk about those who can
  • #61,214
  • Feb 29, 2012 12:25pm Feb 29, 2012 12:25pm
3305 looming

Quoting pipper
no close yet above 3468. took a short with stop above 85. gotta get some kip
Quoting pipper
Would love a retest of 3305
Disclaimer: Check your 1m charts
  • #61,215
  • Feb 29, 2012 12:28pm Feb 29, 2012 12:28pm
Quoting gatorinla
3338.8 is a lower mofu ... not there yet
we r here
those who can, do. those who cant, talk about those who can
  • #61,216
  • Feb 29, 2012 12:31pm Feb 29, 2012 12:31pm
Watch out cable to the top side. No more QE "confirmed" from BOE.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #61,217
  • Feb 29, 2012 12:38pm Feb 29, 2012 12:38pm
3317 should be next stop after a bit of ping pong on the 50
Attached Image (click to enlarge)
Click to Enlarge Name: eu15min.gif Size: 10 KB
Disclaimer: Check your 1m charts
  • #61,218
  • Feb 29, 2012 12:41pm Feb 29, 2012 12:41pm
Massive sell-off in commodities. Look at silver for god sake and in gold if 1704.x is taken we have a massive engulfing reversal candle in daily (very tempting and tradable) to 1598xx.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #61,219
  • Feb 29, 2012 12:42pm Feb 29, 2012 12:42pm
Quoting sisse
Watch out cable to the top side. No more QE "confirmed" from BOE.

sisse
i saw that. but didn't do it verses usd.. im s gbp verse the euro
those who can, do. those who cant, talk about those who can
  • #61,220
  • Feb 29, 2012 12:46pm Feb 29, 2012 12:46pm
Quoting gatorinla
i saw that. but didn't do it verses usd.. im s gbp verse the euro
We had so many key structural FA today with monthly close on top that the next few weeks will pretty much pure technicals with the typical NFP and etc in the middle for positioning.

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