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The Really Useless Thread

  • #62,921
  • Mar 8, 2012 12:54pm Mar 8, 2012 12:54pm
Quoting pipper
Have risked a small short here. CNBC reporting that announcement won't come till tomorrow morning
but it will definitely leak before and that reaction is what I want to counter-trade
  • #62,922
  • Mar 8, 2012 1:00pm Mar 8, 2012 1:00pm
Hard to tell with all the news coming up...I don't have much except that spinner and a high broken on daily. I'll hold my long. GL..
  • #62,923
  • Mar 8, 2012 1:05pm Mar 8, 2012 1:05pm
Mine will be only a short trade. BE at mo but not liking the 15 & 30min bull wedge

Quoting Mr Hatch
but it will definitely leak before and that reaction is what I want to counter-trade
Disclaimer: Check your 1m charts
  • #62,924
  • Mar 8, 2012 1:13pm Mar 8, 2012 1:13pm
Looking for 3329 min before tryin to short this thing for anything but schkels...

Was up all night tryin to catch the highs in this move after getting long around the 3120-3150 area... Talk about pissin into the wind... Jesus
  • #62,925
  • Mar 8, 2012 1:14pm Mar 8, 2012 1:14pm
c'mon baby lol
Attached Image (click to enlarge)
Click to Enlarge Name: eu15.gif Size: 15 KB
Disclaimer: Check your 1m charts
  • #62,926
  • Mar 8, 2012 1:18pm Mar 8, 2012 1:18pm
Quoting pipper
Mine will be only a short trade. BE at mo but not liking the 15 & 30min bull wedge
if 3274 had held, I'd agree. the later piercing of that level is bothering me, and I expect some panic first and a nice counter-position afterwards. anyway, I'm surely not going to to trade the knee-jerk reaction and not hold anything longer than necessary. and I'm watching 3237.6 as a possible support.
  • #62,927
  • Mar 8, 2012 1:23pm Mar 8, 2012 1:23pm
I agree Hatch.. Going to pull this one soon now and not get caught in any dodgy moves

Quoting Mr Hatch
if 3274 had held, I'd agree. the later piercing of that level is bothering me, and I expect some panic first and a nice counter-position afterwards. anyway, I'm surely not going to to trade the knee-jerk reaction and not hold anything longer than necessary.
Disclaimer: Check your 1m charts
  • #62,928
  • Mar 8, 2012 1:25pm Mar 8, 2012 1:25pm
dont read

Intraday Market Thoughts

Latest Note on PSI & Upcoming TV Slots
March 8, 2012 13:51 ET : According to Greek websites, the latest on PSI take-up currently stands between 77% and 79%, with rumors of a take-up as high as 90%. The deadline for Greek bondholders to accept the PSI offer on Greek law bonds is Thursday 20:00 GMT. Results are due on Friday at 06:00GMT.
  • #62,929
  • Mar 8, 2012 1:28pm Mar 8, 2012 1:28pm
Looks like the 15m is trying to drag us down a little bit.
  • #62,930
  • Mar 8, 2012 1:30pm Mar 8, 2012 1:30pm
Quoting Mr Hatch
if 3274 had held, I'd agree. the later piercing of that level is bothering me, and I expect some panic first and a nice counter-position afterwards. anyway, I'm surely not going to to trade the knee-jerk reaction and not hold anything longer than necessary. and I'm watching 3237.6 as a possible support.
3219 potential low for me... Def expect about a 70 pip range till NFP's... Tradeable? I guess it depends on ur risk appetite...
  • #62,931
  • Mar 8, 2012 1:30pm Mar 8, 2012 1:30pm
Quoting pipper
I agree Hatch.. Going to pull this one soon now and not get caught in any dodgy moves
probably better safe than sorry.
  • #62,932
  • Mar 8, 2012 1:32pm Mar 8, 2012 1:32pm
Quoting Venice
Looks like the 15m is trying to drag us down a little bit.
Make it stop at my buy limits and reverse... Thx bro
  • #62,933
  • Mar 8, 2012 1:33pm Mar 8, 2012 1:33pm
Quoting Wulfgar
3219 potential low for me... Def expect about a 70 pip range till NFP's... Tradeable? I guess it depends on ur risk appetite...
I trade 1-2% of equity, withdrawing on a weekly basis. if I go below that 1%, I'd rather stay in bed
  • #62,934
  • Mar 8, 2012 1:37pm Mar 8, 2012 1:37pm
Sensible H.. Are you at it full time now

Quoting Mr Hatch
I trade 1-2% of equity, withdrawing on a weekly basis. if I go below that 1%, I'd rather stay in bed
Disclaimer: Check your 1m charts
  • #62,935
  • Mar 8, 2012 1:39pm Mar 8, 2012 1:39pm
Quoting Mr Hatch
I trade 1-2% of equity, withdrawing on a weekly basis. if I go below that 1%, I'd rather stay in bed
That's solid r:r bro

I'm gunnin a lil more aggressive these days... I think it's the testosterone gel I been using
  • #62,936
  • Mar 8, 2012 1:39pm Mar 8, 2012 1:39pm
Quoting pipper
Sensible H.. Are you at it full time now
for a bit more than 2 years now... full time. making a living (not a fortune) since Mai 2011.
  • #62,937
  • Mar 8, 2012 1:43pm Mar 8, 2012 1:43pm
good stuff H.. someday i'll get the finger out and leave work to do it full time

Quoting Mr Hatch
for a bit more than 2 years now... full time. making a living (not a fortune) since Mai 2011.
Disclaimer: Check your 1m charts
  • #62,938
  • Mar 8, 2012 1:43pm Mar 8, 2012 1:43pm
Quoting Wulfgar
That's solid r:r bro

I'm gunnin a lil more aggressive these days... I think it's the testosterone gel I been using
I would shit my pants, especially these days.
Last year, I aggressively compounded into the second half of the uptrend that started in May and then scaled down the aggressiveness with the change to the downtrend. 10 pips equalled 1% of account-balance back then with an exposure of approx. 10%. there was a certain point in equity, where I mentally couldn't stand the heat any more, simply put. The trade-setups and limits were the same, though.
  • #62,939
  • Mar 8, 2012 1:44pm Mar 8, 2012 1:44pm
Quoting pipper
good stuff H.. someday i'll get the finger out and leave work to do it full time
I don't know... it's can be awfully boring. I must have watched just about any porn-movie available on the internet waiting for setups... If I had the chance again, I'd do it differently in retrospective.
  • #62,940
  • Mar 8, 2012 1:45pm Mar 8, 2012 1:45pm
news leaked around 3.30pm gmt, that they had achieved the sufficient level of participation in psi, around the time the market hit the high, tomorrow morning is the official announcement from the greek gov't and imf rubber stamp it on the 15th provided no last minute hitches (greeks are good at those)

Dow Jones FX News primer on the whole affair here-

http://www.dowjones.com/products/djf...ekBondDeal.asp
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