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The Really Useless Thread

  • #66,301
  • Mar 21, 2012 2:31pm Mar 21, 2012 2:31pm
Quoting kill56
heck no it was 350
lol, the low is 28.48ish I think..
Look Sharp/Trade Tight
  • #66,302
  • Mar 21, 2012 2:32pm Mar 21, 2012 2:32pm
Quoting darimik
did you cover your shorts today?
no bro, still holding..
Look Sharp/Trade Tight
  • #66,303
  • Mar 21, 2012 2:33pm Mar 21, 2012 2:33pm
Quoting PayTheLimit
no bro, still holding..
ever heard of transmarket group ?
  • #66,304
  • Mar 21, 2012 2:34pm Mar 21, 2012 2:34pm
In the mean time hedgers are short and the commercials are long on euro futures. They've been short since January. Last time they were long was May 2011...

>>> Right but this baby trend took out at least one high and it never made a LL/LH since last week. I agree it seems to be losing steam.. The next day or so will decide, but in the mean time PA wise it's all I can go by..

>>> Again I agree with you (fundamentals wise) but I can't place a trade today based on these factors.


Quoting FXMastermind
I´d largely disagree...Perhaps we both imagine something completely different under "long term", but even if you look @ daily few days back, it consistently creates lower highs (more important in a downtrend) and lower lows. IF we got local top today, that would be again LL (by a few pips only, but still...).



And speaking of long term, there is a couple reasons for me to believe in further greenback strength:



1) TA - major TFs (weekly, monthly...) all point firmly south
2) looming conflict in Iran - if this develops, buck is gonna...
  • #66,305
  • Mar 21, 2012 2:35pm Mar 21, 2012 2:35pm
i was long before long was even cool..... so suck it forex...

problem is im still a nobody
  • #66,306
  • Mar 21, 2012 2:37pm Mar 21, 2012 2:37pm
Quoting darimik
ever heard of transmarket group ?
yes I have, market makers, correct ?
Look Sharp/Trade Tight
  • #66,307
  • Mar 21, 2012 2:38pm Mar 21, 2012 2:38pm
Quoting fxjawn
i was long before long was even cool..... so suck it forex...

problem is im still a nobody
longs are uncool, so suck it. It's only PTL's fault.
  • #66,308
  • Mar 21, 2012 2:39pm Mar 21, 2012 2:39pm
Quoting attila
longs are uncool, so suck it. It's only PTL's fault.

what the hell did I do?
Look Sharp/Trade Tight
  • #66,309
  • Mar 21, 2012 2:42pm Mar 21, 2012 2:42pm
transmarket wont hire me bc i have no shiny degree...

so you get no love for real world experience these days? nothing?

thats amazing to me...
  • #66,310
  • Mar 21, 2012 2:43pm Mar 21, 2012 2:43pm
Quoting PayTheLimit
what the hell did I do?
dropping massive orders sucking up the poor mans liquidity
  • #66,311
  • Mar 21, 2012 2:43pm Mar 21, 2012 2:43pm
Quoting sisse
Well agree with the levels and view. In my words what you are saying is that we may see a change in slope (or whatever you want to call it) in the downtrend.

I am bit more bearish that you this time. TA even a test 1.385x (Q/M and W charts) will leave the downtrend intact. Plus yearly (if such traders exists) shorts loading levels are in the +/- same area (1.387x/1.390x).

On the FA side, outlook is also bearish for the pair mid term (Q3 or Q4) after elections when FED will be force to hike rates by default and only a big rebound in the EZ economy...
u.s. computers play war games. in one Israel bombs Iran.. it has a u.s. ship with dead from Iran. basically we are on the same page.. the gbp may be better. Britain wants to export more. code for easing
those who can, do. those who cant, talk about those who can
  • #66,312
  • Mar 21, 2012 2:43pm Mar 21, 2012 2:43pm
Quoting PayTheLimit
what the hell did I do?
you can't keep that st. roller straight. You're eating while driving the darn thing.. lol.
  • #66,313
  • Mar 21, 2012 2:46pm Mar 21, 2012 2:46pm
Quoting PayTheLimit
what the hell did I do?
You manipulate the market, bro, and you do it so ostentatiously that even we did notice...bad PTL!

...for example, that 60 pips drop in EU today had utterly printed "PTL" on its ass...

Cheater.






Quant Hedge Fund CEO
  • #66,314
  • Mar 21, 2012 2:49pm Mar 21, 2012 2:49pm
whew just closed out for 15,000 pips... scaled in 300 micro lots for 50 pips each
  • #66,315
  • Mar 21, 2012 2:49pm Mar 21, 2012 2:49pm
what about me???? surely it had a very very small print "WBR" cause i shorted like 3 nanolots!

haaaa, no. come to think of it i did it yesterday (and endured that drawdown...)

Quoting FXMastermind
You manipulate the market, bro, and you do it so ostentatiously that even we did notice...bad PTL!

...for example, that 60 pips drop in EU today had utterly printed "PTL" on its ass...

Cheater.






dreams do come true.
  • #66,316
  • Mar 21, 2012 2:50pm Mar 21, 2012 2:50pm
Quoting attila
What was that low number you were looking at? Don't tell me 2962. That would be really fucked up because it just popped here to that pip.. There's a lot before it, granted..
i dont understand the question.
those who can, do. those who cant, talk about those who can
  • #66,317
  • Mar 21, 2012 2:52pm Mar 21, 2012 2:52pm
Quoting gatorinla
i dont understand the question.
The low you were eyeing earlier, maybe last week.. Don't worry, I'll look through your history..
  • #66,318
  • Mar 21, 2012 2:52pm Mar 21, 2012 2:52pm
Quoting fxjawn
whew just closed out for 15,000 pips... scaled in 300 micro lots for 50 pips each
lol, well traded..
Look Sharp/Trade Tight
  • #66,319
  • Mar 21, 2012 2:53pm Mar 21, 2012 2:53pm
Quoting PayTheLimit
lol, well traded..
  • #66,320
  • Mar 21, 2012 2:55pm Mar 21, 2012 2:55pm
Quoting fxjawn
whew just closed out for 15,000 pips... scaled in 300 micro lots for 50 pips each
nice , thinking about closing my long term cable short i had on since 1981 - just shy of 9000 pips -- 1.45 is pretty strong
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