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The Really Useless Thread

  • #63,721
  • Mar 13, 2012 2:07pm Mar 13, 2012 2:07pm
Clean swept of stops in ES with Raging bulls.... "magic" line (not really strong TA argument but don;t have anything else) 1388 is the last reference I got before total clean swept and break.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #63,722
  • Mar 13, 2012 2:07pm Mar 13, 2012 2:07pm
Anyone drink Woodford Reserve bourbon?
  • #63,723
  • Mar 13, 2012 2:08pm Mar 13, 2012 2:08pm
3092 might be the stumbling block again
Disclaimer: Check your 1m charts
  • #63,724
  • Mar 13, 2012 2:09pm Mar 13, 2012 2:09pm
Quoting pipper
3092 might be the stumbling block again
Yeap agree ...mixed signal in the dollar...full strength via stocks but FOMC left free money till 2013...without profit taking in stocks intraday, there is nothing in dollar except strength...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #63,725
  • Mar 13, 2012 2:13pm Mar 13, 2012 2:13pm
Quoting pipper
3092 might be the stumbling block again
don't like to see a 30 pip retrace if the market is supposedly fast trending, but down we go again... lets c..
  • #63,726
  • Mar 13, 2012 2:15pm Mar 13, 2012 2:15pm
Watching m5 for a failed LL. If not, down it goes.. It's trying to reverse there though..
  • #63,727
  • Mar 13, 2012 2:16pm Mar 13, 2012 2:16pm
s/p finally hit target after months. dow is still under expected range, but close to the top edge. commonly hitting a min target has a strong pullback after. even with a dt b/o... we should go higher, but before we make large gains. a pullback is normal. the dow on that upper edge could be a catalyst. when they are dancing in the streets be careful.
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those who can, do. those who cant, talk about those who can
  • #63,728
  • Mar 13, 2012 2:20pm Mar 13, 2012 2:20pm
Quoting FibbinArchie
don't like to see a 30 pip retrace if the market is supposedly fast trending, but down we go again... lets c..
What I have learned:

The market is full of an immense amount of fecal matter, but it is always right.
  • #63,729
  • Mar 13, 2012 2:21pm Mar 13, 2012 2:21pm
Quoting gatorinla
s/p finally hit target after months. dow is still under expected range, but close to the top edge. commonly hitting a min target has a strong pullback after. even with a dt b/o... we should go higher, but before we make large gains. a pullback is normal. the dow on that upper edge could be a catalyst. when they are dancing in the streets be careful.
pullback if it happens would be about at dec highs. 1226 dow ish.. 1267 s/p.. its going higher till it don't. then higher again
those who can, do. those who cant, talk about those who can
  • #63,730
  • Mar 13, 2012 2:24pm Mar 13, 2012 2:24pm
Quoting gatorinla
s/p finally hit target after months. dow is still under expected range, but close to the top edge. commonly hitting a min target has a strong pullback after. even with a dt b/o... we should go higher, but before we make large gains. a pullback is normal. the dow on that upper edge could be a catalyst. when they are dancing in the streets be careful.
indeed. now the sheeple will go buy more crap, and then hear them screaming when the market tanks again.. typical..

That chart is probably the next bubble..
  • #63,731
  • Mar 13, 2012 2:26pm Mar 13, 2012 2:26pm
whats decoupling?
those who can, do. those who cant, talk about those who can
  • #63,732
  • Mar 13, 2012 2:26pm Mar 13, 2012 2:26pm
Quoting gatorinla
pullback if it happens would be about at dec highs. 1226 dow ish.. 1267 s/p.. its going higher till it don't. then higher again
Agree with your view in stocks. I got 133x.x as TA/FA level and is very strong ...below will require some strong bad FA....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #63,733
  • Mar 13, 2012 2:28pm Mar 13, 2012 2:28pm
And here goes gold...flirting with clean swept too ....166x.x hanging on air to 1597 next S when broken...euro must give up to 1.295x just as collateral damage ...let see the roll.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #63,734
  • Mar 13, 2012 2:29pm Mar 13, 2012 2:29pm
when did Columbus sail?
those who can, do. those who cant, talk about those who can
  • #63,735
  • Mar 13, 2012 2:30pm Mar 13, 2012 2:30pm
Quoting Venice
What I have learned:

The market is full of an immense amount of fecal matter, but it is always right.
should've reloaded shorts at 3090, but never mind..
  • #63,736
  • Mar 13, 2012 2:32pm Mar 13, 2012 2:32pm
Quoting gatorinla
when did Columbus sail?

sh @3065.....295o?
  • #63,737
  • Mar 13, 2012 2:36pm Mar 13, 2012 2:36pm
Quoting needpips
sh @3065.....295o?
2902 min..... this is below 2962...any close below 2962 whether a 5 min a h, day. week should be respected.
those who can, do. those who cant, talk about those who can
  • #63,738
  • Mar 13, 2012 2:37pm Mar 13, 2012 2:37pm
Quoting FibbinArchie
should've reloaded shorts at 3090, but never mind..
Or even 3115. That was a glorious stop hunt to the top side. They didn't get much though.
  • #63,739
  • Mar 13, 2012 2:37pm Mar 13, 2012 2:37pm
Quoting gatorinla
whats decoupling?
US stock breaking higher ....dollar breaking higher too...back to proportional relations ...in simple words first rally not in risk on /off

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #63,740
  • Mar 13, 2012 2:38pm Mar 13, 2012 2:38pm
Quoting attila
indeed. now the sheeple will go buy more crap, and then hear them screaming when the market tanks again.. typical..

That chart is probably the next bubble..
Yep. Set it up again for the next collapse. Maybe they will allow another 2-3 years of prosperity before the next crash... who knows.
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