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The Really Useless Thread

  • #71,661
  • Apr 5, 2012 8:48am Apr 5, 2012 8:48am
End of bear run, me think.
  • #71,662
  • Apr 5, 2012 8:48am Apr 5, 2012 8:48am
Quoting gatorinla
could be at b.e. now.. i came close to taken it..
yea, might even do 3100, a close above there one of these hours, might indicate a short term bottom..
Look Sharp/Trade Tight
  • #71,663
  • Apr 5, 2012 8:48am Apr 5, 2012 8:48am
All my indis are somewhere down in the basement. Not sure what to make of it..
  • #71,664
  • Apr 5, 2012 8:50am Apr 5, 2012 8:50am
Quoting attila
All my indis are somewhere down in the basement. Not sure what to make of it..
Clearly, they are grabbing some wine from the cellar!

Have a bottle of Ménage à trois I would love to sipping on right now... hehe
  • #71,665
  • Apr 5, 2012 8:56am Apr 5, 2012 8:56am
Quoting venice
clearly, they are grabbing some wine from the cellar!

Have a bottle of ménage à trois i would love to sipping on right now... Hehe
Gotta go get some myself and get wasted. This drop is not funny anymore.

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  • #71,666
  • Apr 5, 2012 9:01am Apr 5, 2012 9:01am
Quoting PayTheLimit
yea, might even do 3100, a close above there one of these hours, might indicate a short term bottom..
as long as above 2962.. its not clear for me.... but i think it will be tested..patterns indicate it will break. atm 100 pips away.. nfp can break it.. if near it and usd negative.. 3385.5 is still R
those who can, do. those who cant, talk about those who can
  • #71,667
  • Apr 5, 2012 9:03am Apr 5, 2012 9:03am
Quoting attila
Gotta go get some myself and get wasted. This drop is not funny anymore.

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LOL, that thing is glorious.

I've been buying the Aussie this mornin. Not sure how far this will extend upwards, but I'm at BE and already pulled some off the table.
  • #71,668
  • Apr 5, 2012 9:06am Apr 5, 2012 9:06am
whoever makes the most amount of money today gets to buy me bloody marrys
  • #71,669
  • Apr 5, 2012 9:08am Apr 5, 2012 9:08am
Quoting gatorinla
as long as above 2962.. its not clear for me.... but i think it will be tested..patterns indicate it will break.
I have 2973 down there, but its only good for the week..
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Look Sharp/Trade Tight
  • #71,670
  • Apr 5, 2012 9:12am Apr 5, 2012 9:12am
Quoting darimik
whoever makes the most amount of money today gets to buy me bloody marrys
That sounds delicious right now. Umm, I have a total of 75 pips collected so far??
  • #71,671
  • Apr 5, 2012 9:14am Apr 5, 2012 9:14am
Quoting gatorinla
i looked. whats the name of the one with the mid?

level 4 at the yard last post
  • #71,672
  • Apr 5, 2012 9:16am Apr 5, 2012 9:16am
Quoting darimik
would like a chance to buy lower for some reason..

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Quoting darimik
whoever makes the most amount of money today gets to buy me bloody marrys
had to re do the chart....

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  • #71,673
  • Apr 5, 2012 9:17am Apr 5, 2012 9:17am
Quoting darimik
whoever makes the most amount of money today gets to buy me bloody marrys
Gator, clearly, I have only 117...
Quant Hedge Fund CEO
  • #71,674
  • Apr 5, 2012 9:27am Apr 5, 2012 9:27am
Wow that weekly candle is impressive. And with most likely buck positive NFP tomorrow, we can erase three weeks of gains in one single week - "triple bearish engulfing", lol?
Quant Hedge Fund CEO
  • #71,675
  • Apr 5, 2012 9:27am Apr 5, 2012 9:27am
Quoting FXMastermind
Gator, clearly, I have only 117...
only 117.. those 1000 pip days are hard to achieve.. trust me
  • #71,676
  • Apr 5, 2012 9:31am Apr 5, 2012 9:31am
Quoting darimik
only 117.. those 1000 pip days are hard to achieve.. trust me
I'm ready, lets do it!
  • #71,677
  • Apr 5, 2012 9:32am Apr 5, 2012 9:32am
Quoting chazzle
eyeing eu tl in play since yesterday
still
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  • #71,678
  • Apr 5, 2012 9:33am Apr 5, 2012 9:33am
Quoting FXMastermind
Wow that weekly candle is impressive. And with most likely buck positive NFP tomorrow, we can erase three weeks of gains in one single week - "triple bearish engulfing", lol?
the week is not over though.. 3 week average is 230 ish though.. (Range)

we are at 345. if one drew a moving average 3 or 5 day, he or she could say that we are starting to trend up.. we have not had slower weeks than the past two for more than 30 weekly bars.

here is what I use.. it may or it may not make sense though. There may not be true value to this, but it puts things in perspective for me.

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it is no coincidence that volatility has been dying down a bit. (Chart on the right reflects that).

edit: btw its not 3 day or 5 day. 3 week and 5 week.. I change the bars, but the title does not change automatically
  • #71,679
  • Apr 5, 2012 9:34am Apr 5, 2012 9:34am
Quoting FXMastermind
most likely buck positive NFP tomorrow
how come?
  • #71,680
  • Apr 5, 2012 9:34am Apr 5, 2012 9:34am
Quoting darimik
only 117.. those 1000 pip days are hard to achieve.. trust me
They certainly are with cable, fiber and co. You have to pick right pairs for the job
Quant Hedge Fund CEO
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