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The Really Useless Thread

  • #66,241
  • Mar 21, 2012 12:16pm Mar 21, 2012 12:16pm
nice

Quoting USD-Bear
not on the shorting party but longs played out very well

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  • #66,242
  • Mar 21, 2012 12:21pm Mar 21, 2012 12:21pm
Quoting USD-Bear
not on the shorting party but longs played out very well

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nice targets..
  • #66,243
  • Mar 21, 2012 12:22pm Mar 21, 2012 12:22pm
one last trade for the afternoon. a few longs here and there, eu, gold, silver.
  • #66,244
  • Mar 21, 2012 12:24pm Mar 21, 2012 12:24pm
Quoting darimik
nice targets..
original target was actually 1.3290 was in a bit of hurry and seeing that 1.3283 i thought hell why waiting for 7 pips, talking about luck......
Don't be a hero. Don't have an ego. Always question yourself
  • #66,245
  • Mar 21, 2012 12:26pm Mar 21, 2012 12:26pm
Quoting USD-Bear
original target was actually 1.3290 was in a bit of hurry and seeing that 1.3283 i thought hell why waiting for 7 pips, talking about luck......
lol. I have 3285 as the high. luck.. precision.. whatever you call it, keep it up.
  • #66,246
  • Mar 21, 2012 12:48pm Mar 21, 2012 12:48pm
took another 10, closed as 88 was a contentious level earlier, f'kin' hard work that one, had to wait about two hours...
  • #66,247
  • Mar 21, 2012 12:49pm Mar 21, 2012 12:49pm
No surprise, NY session without London is completely worthless as usual.

Therefore, gonna call it a day and work out a little. It was a very good one actually (for me, at least), collected 127 pips in total, 74 from cable only, that was a great mover today, thanks to fundies.

@Bear - you lucky ass sharpshooter, nice covers!

Before I go, this was imo a quite important day. If it continues to play this way (no reason to think otherwise), we have a beautiful double fakey pinbar on daily, which suggests further downside quite relevant. + If we drop a little lower, we have a close below MAs. Correction in stocks is long overdue btw, that might help. I will look forward for development tomorrow...

Cheers, FXM

P.S. 22nd winner in a row
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Quant Hedge Fund CEO
  • #66,248
  • Mar 21, 2012 12:49pm Mar 21, 2012 12:49pm
Quoting darimik
one last trade for the afternoon. a few longs here and there, eu, gold, silver.
eu is weighing it down. I wonder who is right,. otherwise boring
  • #66,249
  • Mar 21, 2012 12:52pm Mar 21, 2012 12:52pm
Quoting FXMastermind
No surprise, NY session without London is completely worthless as usual.

Therefore, gonna call it a day and work out a little. It was a very good one actually (for me, at least), collected 127 pips in total, 74 from cable only, that was a great mover today, thanks to fundies.

@Bear - you lucky ass sharpshooter, nice covers!

Before I go, this was imo a quite important day. If it continues to play this way (no reason to think otherwise), we have a beautiful double fakey pinbar on daily, which suggests further downside quite relevant....
dunno, still mid term range play imo, wouldn't be the slightest bit surprised if we still visit north of 326x+ b4 the end of the week, relatively narrow range day so far, and just the usual up and down bullsh!t....

edit- potential trend line support on the hourly coming in around 315x area on any break south, will it, won't it hold, dunno quite frankly (do we ever?), but it's there, and atr is done, although skewed by recent narrow ranges..

2nd edit- see my avatar info for disclaimer..
  • #66,250
  • Mar 21, 2012 12:56pm Mar 21, 2012 12:56pm
It dropped 100 pips. Fine. The long term trend is up (never made a LL at 3010 there), the short term trend is up.. I'll still be looking for longs above 3150. You can short at will. Have all you want..

I've got 14 out of this little drop btw..
  • #66,251
  • Mar 21, 2012 12:58pm Mar 21, 2012 12:58pm
Quoting FibbinArchie
dunno, still mid term range play imo, wouldn't be the slightest bit surprised if we still visit north of 326x+ b4 the end of the week, relatively narrow range day so far, and just the usual up and down bullsh!t....
Well, in my eyes, bulls tried to overtake that crucial 3290/3310 zone and failed miserably, getting only close to these levels. I donīt see many reasons to go back up there, it looks settled for me at least short term. But what do I know...

There is aslo plenty of people sitting on their longs from last few days who will be anxious to take their profit if they see such a significant red day, helping drop even further - after all, we havenīt seen any significant profit taking since last Thursday...

3150/60 area will be crucial to give us further clue about future moves...
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  • #66,252
  • Mar 21, 2012 1:01pm Mar 21, 2012 1:01pm
Quoting FXMastermind
Well, in my eyes, bulls tried to overtake that crucial 3290/3310 zone and failed miserably, getting only close to these levels. I donīt see many reasons to go back up there, it looks settled for me at least short term. But what do I know...

There is aslo plenty of people sitting on their longs from last few days who will be anxious to take their profit if they see such a significant red day, helping drop even further - after all, we havenīt seen any significant profit taking since last Thursday...

3150/60 area will be crucial to give us further...
takes opposite opinions to make a market, so all good... just go with the flow is my best advice, happy trading bro...
  • #66,253
  • Mar 21, 2012 1:02pm Mar 21, 2012 1:02pm
Day's not over but I see a HH/HL so far. Anyway..
  • #66,254
  • Mar 21, 2012 1:05pm Mar 21, 2012 1:05pm
with regards to ta (not slating it btw, i use it to a degree myself), this webinar is a good reality check...

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  • #66,255
  • Mar 21, 2012 1:07pm Mar 21, 2012 1:07pm
3220 is a bump on the head.

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  • #66,256
  • Mar 21, 2012 1:10pm Mar 21, 2012 1:10pm
Quoting attila
Day's not over but I see a HH/HL so far. Anyway..
although I see 1.26 in the stars, I tend to agree on short term especially looking at MVA-100 @ 1.3195
Don't be a hero. Don't have an ego. Always question yourself
  • #66,257
  • Mar 21, 2012 1:12pm Mar 21, 2012 1:12pm
Quoting USD-Bear
although I see 1.26 in the stars, I tend to agree on short term especially looking at MVA-100 @ 1.3195


lol.
  • #66,258
  • Mar 21, 2012 1:14pm Mar 21, 2012 1:14pm
Tim Cook has not responded to my email.. yet
  • #66,259
  • Mar 21, 2012 1:14pm Mar 21, 2012 1:14pm
Have missed a little 1.3137 / 1.3157 today. What the hell!
Weekly could go further up, ...monthly, too.
  • #66,260
  • Mar 21, 2012 1:15pm Mar 21, 2012 1:15pm
Quoting USD-Bear
although I see 1.26 in the stars, I tend to agree on short term especially looking at MVA-100 @ 1.3195
if this week closes above 3230 yet alone 3300, I only see up and up. up up up up
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