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The Really Useless Thread

  • #73,541
  • Apr 11, 2012 6:48am Apr 11, 2012 6:48am
Quoting needpips
ok...my sh got obliterated...S/o for -30....no worries....3190 / 3250 / 1.33 areas to short
It could drop some, but I don't think it's going to go too far. 29ish will not happen before 3550. It will go up a lot before we see new lows..
  • #73,542
  • Apr 11, 2012 6:50am Apr 11, 2012 6:50am
working on an inside bar..lets see if anyone wants to claim it..
Look Sharp/Trade Tight
  • #73,543
  • Apr 11, 2012 7:01am Apr 11, 2012 7:01am
Quoting Venice
Ohh, are we actually going to have an upnight tonight? Got my longs loaded, however stops are pretty tight. Probably will be knocked out by teh time I wake up.

Hitting the sack... gnite all and trade well.

Wow. She survived. Holla. Now the million dollar question. Do I take my 70 pips and run... lol.
  • #73,544
  • Apr 11, 2012 7:01am Apr 11, 2012 7:01am
We have some FED reactions after NFP/sell-off in stocks a bit more open to QE3, etc.... Bastards push down enough in equities to cause a FED reaction.

A bigger problem in the US than the recovery in the mid term will be freeing the FED from the bastards...the last 4 years has been pathetic for BB (and the FED in general) in that front...they are always 1 or 2 steps behind the bastard.....

In any case, bulls barely holding all h4 closes this week. Last breakout point 1.313x is last chance for bulls; but we are finally trading in daily highs so potential rejection in play with NY/H4 Combo....until then nothing has changed and week hasn't started yet...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #73,545
  • Apr 11, 2012 7:04am Apr 11, 2012 7:04am
Quoting Venice
Wow. She survived. Holla. Now the million dollar question. Do I take my 70 pips and run... lol.
That's always a bitch.. futures are up btw.
  • #73,546
  • Apr 11, 2012 7:05am Apr 11, 2012 7:05am
short again at 3141, risking last hours highs...looking to add on a break of 3130..another flyer..
Look Sharp/Trade Tight
  • #73,547
  • Apr 11, 2012 7:09am Apr 11, 2012 7:09am
adding..
Look Sharp/Trade Tight
  • #73,548
  • Apr 11, 2012 7:12am Apr 11, 2012 7:12am
short then from 3135ish, risk 3155ish, play for 2985..

back shortly, need food..
Look Sharp/Trade Tight
  • #73,549
  • Apr 11, 2012 7:16am Apr 11, 2012 7:16am
Quoting PayTheLimit
short then from 3135ish, risk 3155ish, play for 2985..

back shortly, need food..
Whatever the outcome ...you got by far the consistency award this week in the thread bro .... It looks so close the sell-off that nobody can't say anything or blame you for trying so aggressively to get in ...

In any case, best of luck ...for what is worth, it looks very close in my books too...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #73,550
  • Apr 11, 2012 7:24am Apr 11, 2012 7:24am
Quoting attila
That's always a bitch.. futures are up btw.
Yep. And the way things are looking *right now* daily wants the top of the range again. However, we need to clear 3140 for bulls to do anything.
  • #73,551
  • Apr 11, 2012 7:26am Apr 11, 2012 7:26am
Quoting Venice
Yep. And the way things are looking *right now* daily wants the top of the range again. However, we need to clear 3140 for bulls to do anything.
yeah, I don't know. Daily looks like a Chinese buffet of reversal candles. You can pick at will.
  • #73,552
  • Apr 11, 2012 7:27am Apr 11, 2012 7:27am
15m Rolling over to the south.
  • #73,553
  • Apr 11, 2012 7:29am Apr 11, 2012 7:29am
Quoting attila
yeah, I don't know. Daily looks like a Chinese buffet of reversal candles. You can pick at will.
Popping open the weekly chart, the Daily is merely doing a retrace to gain power for the next move down.

My weekly entrance (if i were to play it) is from 3116 (min) up to 3360 (max) with a risk of about 3450. May sound a lot, but worst case scenario your still looking at a 1:5 min r/r
  • #73,554
  • Apr 11, 2012 7:32am Apr 11, 2012 7:32am
Quoting sisse
Whatever the outcome ...you got by far the consistency award this week in the thread bro .... It looks so close the sell-off that nobody can't say anything or blame you for trying so aggressively to get in ...

In any case, best of luck ...for what is worth, it looks very close in my books too...

sisse
thanks mate..

my resistance is here, I saw that inside bar, against the hour before with that wick, now I could use a good looking bear bar for a chance at em...
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Look Sharp/Trade Tight
  • #73,555
  • Apr 11, 2012 7:33am Apr 11, 2012 7:33am
Quoting attila
I may be the biggest idiot on this forum (as I was sometimes) but I'm as bullish as I can be..
It's all good mango. Everything can change at the drop of the hat. This is just what my weekly says, and from that perspective, daily can be bullish for a week+ without invalidating the weekly chart.

To me, it seems the market is still teeter tottering on the yes/no QE3 thing. I bet if the Fed says Yes, we'll see big money come back in and we will march north for at least another year.
  • #73,556
  • Apr 11, 2012 7:33am Apr 11, 2012 7:33am
Quoting Venice
Popping open the weekly chart, the Daily is merely doing a retrace to gain power for the next move down.

My weekly entrance (if i were to play it) is from 3116 (min) up to 3360 (max) with a risk of about 3450. May sound a lot, but worst case scenario your still looking at a 1:5 min r/r
I may be the biggest idiot on this forum (as I was sometimes) but I'm as bullish as I can be.. I guess that's me...

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  • #73,557
  • Apr 11, 2012 7:34am Apr 11, 2012 7:34am
if I could direct your attention to 3115 briefly, its the mid of the large up bar from this morning..
Look Sharp/Trade Tight
  • #73,558
  • Apr 11, 2012 7:34am Apr 11, 2012 7:34am
Quoting attila
I may be the biggest idiot on this forum (as I was sometimes) but I'm as bullish as I can be.. I guess that's me...

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you are correct....
Look Sharp/Trade Tight
  • #73,559
  • Apr 11, 2012 7:35am Apr 11, 2012 7:35am
Quoting attila
I may be the biggest idiot on this forum (as I was sometimes) but I'm as bullish as I can be.. I guess that's me...

Attachment
I'm definitely bullish at the bottom of this range
  • #73,560
  • Apr 11, 2012 7:38am Apr 11, 2012 7:38am
Quoting PayTheLimit
you are correct....
I'm actually pretty skinny an ugly too.
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