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The Really Useless Thread

  • #76,261
  • Apr 16, 2012 9:47am Apr 16, 2012 9:47am
Quoting Turhovach
Maybe that 3060 did cap the move after all...
Guess not. Back to our regularly scheduled program - To The Moon, Alice!
  • #76,262
  • Apr 16, 2012 9:47am Apr 16, 2012 9:47am
Quoting Venice
Yep. Everything else is pointing towards $ strength, so I have a feeling these are fated for a stop out. ehhhh
Frankly, everyone is general after the battle, but if you want to know my opinion, if (correct me if I am wrong) you opened these with intention to keep them as carry, it was a pretty suicidal move - that only pays off in a long run and in a long run, Aussie is doomed to fall. Chinese economy is slowing considerably (last GDP figure was abysmal in chinese standards), which will greatly affect Australia, which relies quite a lot on commodity exports to China.

Yep, they had some nice employment figures recently, that helped a lot to lift some pressure out of Aussie (donīt be mistaken though, lot of that move was affected by expectations of higher chinese GDP, not positive employment data only) but again, in a long run, that doesnīt really change anything. Aussie is one the weakest currencies across the board, a) China slowing affects it a lot, b) risk off market sentiment affects it A LOT and c) rate cut expectations affect it A LOT.

In a really long run (and thatīs what is carry about), itīs all about rates. And RBA is widely expected to lower rates, if not this month, than the next one.

Still, I wish you good luck with these!
Quant Hedge Fund CEO
  • #76,263
  • Apr 16, 2012 9:48am Apr 16, 2012 9:48am
went lg @ 50, eyes on 77...
  • #76,264
  • Apr 16, 2012 9:49am Apr 16, 2012 9:49am
Quoting Turhovach
Guess not. Back to our regularly scheduled program - To The Moon, Alice!
certainly hope that she's naked.
  • #76,265
  • Apr 16, 2012 9:50am Apr 16, 2012 9:50am
Quoting FXMastermind
took 15

202 total

EDIT: ...and Fitch obviously waited only for me to cover my position to announce their bombshell...YEESH!
Grrrrrr...Idiot.
Quant Hedge Fund CEO
  • #76,266
  • Apr 16, 2012 9:52am Apr 16, 2012 9:52am
Quoting FibbinArchie
went lg @ 50, eyes on 77...
took 65, no fireworks, looking for next set up...
  • #76,267
  • Apr 16, 2012 9:54am Apr 16, 2012 9:54am
Quoting FibbinArchie
went lg @ 50, eyes on 77...
I know what you mean, mate, 78 here...
Quant Hedge Fund CEO
  • #76,268
  • Apr 16, 2012 9:54am Apr 16, 2012 9:54am
Quoting pkimnyc
certainly hope that she's naked.
Inserted Video
  • #76,269
  • Apr 16, 2012 9:55am Apr 16, 2012 9:55am
Quoting FXMastermind
I know what you mean, mate, 78 here...
just friday's closing level, tricky monday price action, will take another look after london fix..

i got no murray or pivot levels atm, I WANT MY MT4 BACK!!!!!!!
  • #76,270
  • Apr 16, 2012 9:57am Apr 16, 2012 9:57am
Quoting pkimnyc
certainly hope that she's naked.
...and in chains
Quant Hedge Fund CEO
  • #76,271
  • Apr 16, 2012 10:02am Apr 16, 2012 10:02am
...late Londond shortcovering rally?
Quant Hedge Fund CEO
  • #76,272
  • Apr 16, 2012 10:03am Apr 16, 2012 10:03am
Quoting FXMastermind
Frankly, everyone is general after the battle, but if you want to know my opinion, if (correct me if I am wrong) you opened these with intention to keep them as carry, it was a pretty suicidal move - that only pays off in a long run and in a long run, Aussie is doomed to fall. Chinese economy is slowing considerably (last GDP figure was abysmal in chinese standards), which will greatly affect Australia, which relies quite a lot on commodity exports to China.

Yep, they had some nice employment figures recently, that helped a lot to lift some pressure...
Yeah mate. Orders were opened on technical setups, and of course are well protected now. Not a big deal really, just trying to balance out my negative and positive interest intake. I don't like seeing negative interest on my stats

I was only expecting to keep this open for a week or two, but wasn't expecting such a backlash. We'll see, but I'm safe on 'em regardless.
  • #76,273
  • Apr 16, 2012 10:03am Apr 16, 2012 10:03am
S 3071
Quant Hedge Fund CEO
  • #76,274
  • Apr 16, 2012 10:06am Apr 16, 2012 10:06am
AAAAGH!!! I GOT NO EQUITY INDEX CHARTS EITHER!!!
  • #76,275
  • Apr 16, 2012 10:09am Apr 16, 2012 10:09am
Quoting FXMastermind
S 3071
waiting to see if the st trend breaks down, could just be coiling imo, gl with the trade..
  • #76,276
  • Apr 16, 2012 10:11am Apr 16, 2012 10:11am
Quoting FibbinArchie
just friday's closing level, tricky monday price action, will take another look after london fix..

i got no murray or pivot levels atm, I WANT MY MT4 BACK!!!!!!!
What went wrong?
Quant Hedge Fund CEO
  • #76,277
  • Apr 16, 2012 10:12am Apr 16, 2012 10:12am
Quoting Venice
Yeah mate. Orders were opened on technical setups, and of course are well protected now. Not a big deal really, just trying to balance out my negative and positive interest intake. I don't like seeing negative interest on my stats

I was only expecting to keep this open for a week or two, but wasn't expecting such a backlash. We'll see, but I'm safe on 'em regardless.
Cool, thatīs what matters
Quant Hedge Fund CEO
  • #76,278
  • Apr 16, 2012 10:14am Apr 16, 2012 10:14am
Quoting FXMastermind
What went wrong?
dunno, i got three different feeds and they're all saying old version in the status bar, with no data coming through... i'll reinstall it tonight...
  • #76,279
  • Apr 16, 2012 10:15am Apr 16, 2012 10:15am
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The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #76,280
  • Apr 16, 2012 10:19am Apr 16, 2012 10:19am
well could've squeezed another 10 pips out of the current range, but just about limped home on conservative daily target... actually sick of hearing myself say that, i want to hear myself say, "today i hit a muther fuckin' home run!!! so i'm taking the rest of the month off and going to go sit on a beach in spain.."

edit- fat chance trading the biggest piece of "retrace every two pip move" bullshit going...
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