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The Really Useless Thread

  • #67,561
  • Mar 27, 2012 1:58am Mar 27, 2012 1:58am
AUD
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  • #67,562
  • Mar 27, 2012 1:59am Mar 27, 2012 1:59am
that awkward feeling when you think no retrace is coming.
  • #67,563
  • Mar 27, 2012 2:06am Mar 27, 2012 2:06am
Quoting darimik
that awkward feeling when you think no retrace is coming.
still has a few pips room north.. either that or momentum is brewing.. usdx at 78.78/81 and the 3370ties maybe 3380 ties im thinking.. not a reversal.. just a decent pullback.. 3146 33 sounds ok.. but its a ear play. it dont have to stop N for a while.. it still didnt hit the 3370/78 indicated st target.
those who can, do. those who cant, talk about those who can
  • #67,564
  • Mar 27, 2012 2:22am Mar 27, 2012 2:22am
Quoting gatorinla
still has a few pips room north.. either that or momentum is brewing.. usdx at 78.78/81 and the 3370ties maybe 3380 ties im thinking.. not a reversal.. just a decent pullback.. 3146 33 sounds ok.. but its a ear play. it dont have to stop N for a while.. it still didnt hit the 3370/78 indicated st target.
I got 337x as an intraday.that number is fresh for me. If frankfurt had been there, I would have closed my runner long. and yeah, since we never got it, I never closed, so fucked up. 3326 is a wishful support, and then we got dpp 3305 I think. too big of a cluster area right here until 3305. I am thinking I may look for better opportunities, if we go below 26.
  • #67,565
  • Mar 27, 2012 2:29am Mar 27, 2012 2:29am
Quoting gatorinla
still has a few pips room north.. either that or momentum is brewing.. usdx at 78.78/81 and the 3370ties maybe 3380 ties im thinking.. not a reversal.. just a decent pullback.. 3146 33 sounds ok.. but its a ear play. it dont have to stop N for a while.. it still didnt hit the 3370/78 indicated st target.
Not sure mate. 1.331x is key level in play for this week (Q and M). A break above (daily break yesterday and 1st test right now) will open 1.365x (rather quick) and 1.387x for the next few weeks retrace in the main downtrend.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #67,566
  • Mar 27, 2012 2:34am Mar 27, 2012 2:34am
L cable @5945
Quant Hedge Fund CEO
  • #67,567
  • Mar 27, 2012 2:53am Mar 27, 2012 2:53am
Quoting FXMastermind
L cable @5945
took 20.
Quant Hedge Fund CEO
  • #67,568
  • Mar 27, 2012 3:07am Mar 27, 2012 3:07am
Quoting sisse
Not sure mate. 1.331x is key level in play for this week (Q and M). A break above (daily break yesterday and 1st test right now) will open 1.365x (rather quick) and 1.387x for the next few weeks retrace in the main downtrend.

sisse
Hey Sisse,

I still think itīs not only about 3310/1, we have cross of downward W channel and important weekly SR level 3430 right above us, IF this week closes above, that would be a VERY important sign of a trendshift for me (if we confirm the break, obviously...).

This latest rally is driven largely by a few words about further accomodation by Ben yesterday, but we canīt be sure without next FOMC minutes...

However, we have some serious cleaning of books ahead, just a few days to end of this months and Q1, but with that in mind, anything is possible.

What do you think, are we gonna see some end of Q1 profit taking from equities dragging risk down or even more furious buying, as even the most bearish HFs turned bullish lately cause of that neverending rally in stocks and they try to catch up...?
Quant Hedge Fund CEO
  • #67,569
  • Mar 27, 2012 3:10am Mar 27, 2012 3:10am
Quoting FXMastermind
Hey Sisse,

I still think itīs not only about 3310/1, we have cross of downward W channel and important weekly SR level 3430 right above us, IF this week closes above, that would be a VERY important sign of a trendshift for me (if we confirm the break, obviously...).

This latest rally is driven largely by a few words about further accomodation by Ben yesterday, but we canīt be sure without next FOMC minutes...

However, we have some serious cleaning of books ahead, just a few days to end of this months and Q1, but with that in mind,...
if weekly is important to you.. consider quarterly close this week..


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  • #67,570
  • Mar 27, 2012 3:12am Mar 27, 2012 3:12am
we are on absolute fire. need to lock everything in. more than enough for yesterday, stretching to today. but GREED is kicking in..
  • #67,571
  • Edited 3:44am Mar 27, 2012 3:27am | Edited 3:44am
Quoting FXMastermind
Hey Sisse,

I still think itīs not only about 3310/1, we have cross of downward W channel and important weekly SR level 3430 right above us, IF this week closes above, that would be a VERY important sign of a trendshift for me (if we confirm the break, obviously...).

This latest rally is driven largely by a few words about further accomodation by Ben yesterday, but we canīt be sure without next FOMC minutes...

However, we have some serious cleaning of books ahead, just a few days to end of this months and Q1, but with that in mind,...
Well yes agree with the general outlook. A change of slope at least is on the making. The mid term trend is bearish but we are far from mid trend change.

More importantly FA is consistent with the downtrend. FED has done it since 2008. They made a nuclear slip on monetary policy (check gold a few week ago with BB) and after turn down the tone on the 1st small signal of weak numbers (check housing numbers) but is all about expectations and macroeconomic monetary options for the mid term.

US Hikes are almost unavoidable in my books for Q4/2012 Q1/2013 (if not before after summer Q3/2012). Basically, ride the pullback and sell stronger dollar later this year....

Same monthly chart for reference of the last 4 Quarters ...it will be more telling and strong after the roll this Friday obviously.

sisse
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Pending conversations? PM for a chat...I am mainly in OTM now
  • #67,572
  • Mar 27, 2012 3:33am Mar 27, 2012 3:33am
okay. cleared.. going for a nap
  • #67,573
  • Mar 27, 2012 4:15am Mar 27, 2012 4:15am
Quoting gatorinla
still has a few pips room north.. either that or momentum is brewing.. usdx at 78.78/81 and the 3370ties maybe 3380 ties im thinking.. not a reversal.. just a decent pullback.. 3146 33 sounds ok.. but its a ear play. it dont have to stop N for a while.. it still didnt hit the 3370/78 indicated st target.
here now
those who can, do. those who cant, talk about those who can
  • #67,574
  • Mar 27, 2012 4:25am Mar 27, 2012 4:25am
Quoting sisse
Well yes agree with the general outlook. A change of slope at least is on the making. The mid term trend is bearish but we are far from mid trend change.

More importantly FA is consistent with the downtrend. FED has done it since 2008. They made a nuclear slip on monetary policy (check gold a few week ago with BB) and after turn down the tone on the 1st small signal of weak numbers (check housing numbers) but is all about expectations and macroeconomic monetary options for the mid term.

US Hikes are almost unavoidable in my books for [b]Q4/2012...
Thanks mate, I have exactly the same expectations, posted them a few weeks (?) ago in one of my analysis...

What do you think the end of this quarter is gonna be like then?
Quant Hedge Fund CEO
  • #67,575
  • Mar 27, 2012 4:27am Mar 27, 2012 4:27am
Quoting sisse
Not sure mate. 1.331x is key level in play for this week (Q and M). A break above (daily break yesterday and 1st test right now) will open 1.365x (rather quick) and 1.387x for the next few weeks retrace in the main downtrend.

sisse
that was st.. i expect it to go higher. just playing the potential pullback from the 3370/80 area.. my sights are on 34xx and 3587
those who can, do. those who cant, talk about those who can
  • #67,576
  • Mar 27, 2012 4:34am Mar 27, 2012 4:34am
i got a r at 3393/94 and a s at 3371.. -3343 closes are bearish, but 3311 is a s..
-3359 and 55 are others. all majors closed bullish
those who can, do. those who cant, talk about those who can
  • #67,577
  • Mar 27, 2012 4:36am Mar 27, 2012 4:36am
Quoting chazzle
looking at these levels to scalp , H closes through and retests or first touches
waiting for 59 again , or 92
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  • #67,578
  • Mar 27, 2012 4:43am Mar 27, 2012 4:43am
Quoting FXMastermind
Thanks mate, I have exactly the same expectations, posted them a few weeks (?) ago in one of my analysis...

What do you think the end of this quarter is gonna be like then?
Well given the current daily/intraday chart is on the gamble side to make such call on a big level. What is sure is 1.331x is the level in play.

Experience call for 2 most probable scenarios (but useless for trading) a close to or by +/- the tick in that area or a clean swept up of weekly range by tomorrow cleaning a good chunk of the monthly range before even officially start...

Quoting gatorinla
that was st.. i expect it to go higher. just playing the potential pullback from the 3370/80 area.. my sights are on 34xx and 3587
same here bro...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #67,579
  • Mar 27, 2012 4:44am Mar 27, 2012 4:44am
3146 is doubtful.. but shit happens. its the mid of the previous leg. 3130/46 is where i would like to L.. if pa dictates. the smaller leg its 3212 area,, with the same s/r like 3311 3274 3237 and the mids. like 3292.5 and 3371
those who can, do. those who cant, talk about those who can
  • #67,580
  • Mar 27, 2012 4:48am Mar 27, 2012 4:48am
Ahh I needed to hear this, and yes those fvcking ads suck,

Watching the USD tank, Swissy just took a dip and looking for a break on AUSSIE and KIWI interim resistance (range tops) to blow.,

Also Bullish cable and geppy

Quoting FibbinArchie
what's with all the fuckin' ads on youtube these days? i wouldn't mind so much if it was shit i was interested in, but it ain't...

http://www.youtube.com/watch?v=XcATvu5f9vE
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