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The Really Useless Thread

  • #61,261
  • Feb 29, 2012 2:55pm Feb 29, 2012 2:55pm
Quoting attila
It remains to be seen but if this turns out to be just a pull back (nothing on monthly says short yet), then this is a good opportunity to build some long term longs..
Still waiting for 3284. This can drop as low as 3089.
  • #61,262
  • Feb 29, 2012 2:58pm Feb 29, 2012 2:58pm
Quoting attila
It remains to be seen but if this turns out to be just a pull back (nothing on monthly says short yet), then this is a good opportunity to build some long term longs..
well you know Im still long term bearish on the Euro.... BB put the squash on QE3 for the foreseeable future insinuating possible recovery/ rate hike much sooner than 2014...

but these guys are all cowboys and while structurally the EZ is bad an obviously commited to full easing after the LTRO numbers.... the US isnt in much better shape over the long haul.... we honestly may just be stuck in some giant oscillating range as the currency easing wars rage on
  • #61,263
  • Feb 29, 2012 2:58pm Feb 29, 2012 2:58pm
Could be they are showing us that € limit is 1.35ish. Might get an upday tomorrow from these levels to push DOW over 13K again whilst still capping € under 1.35

Quoting attila
It remains to be seen but if this turns out to be just a pull back (nothing on monthly says short yet), then this is a good opportunity to build some long term longs..
Disclaimer: Check your 1m charts
  • #61,264
  • Feb 29, 2012 2:59pm Feb 29, 2012 2:59pm
Quoting Venice
Still waiting for 3284. This can drop as low as 3089.
3220 is where the trend has changed to the downside. Not just a tap, but a structured descend to there.... What we had so far, down to here is not that...
  • #61,265
  • Feb 29, 2012 2:59pm Feb 29, 2012 2:59pm
an 80% chance of hitting 3247
those who can, do. those who cant, talk about those who can
  • #61,266
  • Feb 29, 2012 3:01pm Feb 29, 2012 3:01pm
Quoting attila
3220 is where the trend has changed to the downside. Not just a tap, but a structured descend to there.... What we had so far, down to here is not that...
I also have a 3389 possible hit before we actually continue this down movement in a meaningful way.
  • #61,267
  • Feb 29, 2012 3:03pm Feb 29, 2012 3:03pm
Quoting Venice
Still waiting for 3284. This can drop as low as 3089.
At this very moment the PRICE sits on the top of the previous two ranges (3310). The price being here doesn't mean much, because the ranges (value) are still above. It tends to go back to where the value is. Point is, it's not a done deal until I see WHERE will it consolidate...
  • #61,268
  • Feb 29, 2012 3:04pm Feb 29, 2012 3:04pm
Quoting gatorinla
an 80% chance of hitting 3247
Definitively Gator I also got strong weekly S at 1.324x and monthly level @ 1.323x (TBC in a few minutes). Break below will open oct swing low and monthly S @ 1.308x where bulls have the option to end the downtrend on a failure to break lows...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #61,269
  • Feb 29, 2012 3:06pm Feb 29, 2012 3:06pm
Goofy ass 5m hasn't given a single long signal to me today since it started falling out of the range up above.
  • #61,270
  • Feb 29, 2012 3:11pm Feb 29, 2012 3:11pm
Quoting Venice
Goofy ass 5m hasn't given a single long signal to me today since it started falling out of the range up above.
Well look at the engulfing candle in H4 ...pretty much self-explanatory what is going below ...in gold is even stronger...

There was a kid (Turmaz) in the other thread making fun of everybody and even managed to piss off PTL the other day...he actually saw and took 5 "100%" sure longs this afternoon ..we should ask him wtf is he is using to see longs in any TF this afternoon...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #61,271
  • Feb 29, 2012 3:14pm Feb 29, 2012 3:14pm
Quoting sisse
Well look at the engulfing candle in H4 ...pretty much self-explanatory what is going below ...in gold is even stronger...

There was a kid (Turmaz) in the other thread making fun of everybody and even managed to piss off PTL the other day...he actually saw and took 5 "100%" sure longs this afternoon ..we should ask him wtf is he is using to see longs in any TF this afternoon...

sisse
Yep. 1m at best. I have literally nothing on longs 5m and up. That's why I can't go in any of the other threads on this site. This thread is a nice combination of trading and BS'ing... but most people here respect each others views, and don't shove 100% anything down anyones throat... we know better.
  • #61,272
  • Feb 29, 2012 3:18pm Feb 29, 2012 3:18pm
Quoting Venice
Yep. 1m at best. I have literally nothing on longs 5m and up. That's why I can't go in any of the other threads on this site. This thread is a nice combination of trading and BS'ing... but most people here respect each others views, and don't shove 100% anything down anyones throat... we know better.
well i cant say im completely innocent of this.... just last night with this one girl in fact....


okok enough foolin around... leavin for real this time
  • #61,273
  • Feb 29, 2012 3:18pm Feb 29, 2012 3:18pm
Quoting sisse
Well look at the engulfing candle in H4 ...pretty much self-explanatory what is going below ...in gold is even stronger...

There was a kid (Turmaz) in the other thread making fun of everybody and even managed to piss off PTL the other day...he actually saw and took 5 "100%" sure longs this afternoon ..we should ask him wtf is he is using to see longs in any TF this afternoon...

sisse
bro i think i need to go back to the lube mode the no lube is not working
  • #61,274
  • Feb 29, 2012 3:22pm Feb 29, 2012 3:22pm
Quoting kill56
bro i think i need to go back to the lube mode the no lube is not working
....

Just boring waiting time now until we get the monthly levels. Did you check ES, closed on rejection of daily but above shorts momentum line so we may get some bounce with Frank /London if DAX doesn't open with a runaway gap. Asian markets with the upper hand in the new playing field.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #61,275
  • Feb 29, 2012 3:26pm Feb 29, 2012 3:26pm
Thinking we will see 4Hr TL @ 327x if we break Daily 100MA @ 3305

Laters
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Disclaimer: Check your 1m charts
  • #61,276
  • Feb 29, 2012 3:29pm Feb 29, 2012 3:29pm
Quoting sisse
....

Just boring waiting time now until we get the monthly levels. Did you check ES, closed on rejection of daily but above shorts momentum line so we may get some bounce with Frank /London if DAX doesn't open with a runaway gap. Asian markets with the upper hand in the new playing field.

sisse
it will be bloody we are not finish yet cold still leading with 1686 we might bounce but sell the rallies in play , long term %3-5 correction in sight now in all pairs
  • #61,277
  • Feb 29, 2012 3:31pm Feb 29, 2012 3:31pm
Quoting Wulfgar
well you know Im still long term bearish on the Euro.... BB put the squash on QE3 for the foreseeable future insinuating possible recovery/ rate hike much sooner than 2014...

but these guys are all cowboys and while structurally the EZ is bad an obviously commited to full easing after the LTRO numbers.... the US isnt in much better shape over the long haul.... we honestly may just be stuck in some giant oscillating range as the currency easing wars rage on
your analysis is straight up, understandable and a whole lot better than most of the talking heads out there...

(you can pay me the fiver later)...
  • #61,278
  • Feb 29, 2012 3:34pm Feb 29, 2012 3:34pm
Quoting sisse
Definitively Gator I also got strong weekly S at 1.324x and monthly level @ 1.323x (TBC in a few minutes). Break below will open oct swing low and monthly S @ 1.308x where bulls have the option to end the downtrend on a failure to break lows...

sisse
i have no reason to think we will get one. but i want a bounce to enter s.. i did a few small s scalps.. but it didn't run.. so i took the money. . 3393 area may do me. 3396 is the mid atm
those who can, do. those who cant, talk about those who can
  • #61,279
  • Feb 29, 2012 3:34pm Feb 29, 2012 3:34pm
Algo's trying to change the direction were going? I think 5m says it needs a close > 3328
  • #61,280
  • Feb 29, 2012 3:36pm Feb 29, 2012 3:36pm
Quoting Wulfgar
well you know Im still long term bearish on the Euro.... BB put the squash on QE3 for the foreseeable future insinuating possible recovery/ rate hike much sooner than 2014...

but these guys are all cowboys and while structurally the EZ is bad an obviously commited to full easing after the LTRO numbers.... the US isnt in much better shape over the long haul.... we honestly may just be stuck in some giant oscillating range as the currency easing wars rage on
u still long
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