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The Really Useless Thread

  • #76,441
  • Apr 16, 2012 2:17pm Apr 16, 2012 2:17pm
Quoting pkimnyc
parity.
then ... Eurodollar instead of Euro/Dollar ... or am I being paranoid
  • #76,442
  • Apr 16, 2012 2:24pm Apr 16, 2012 2:24pm
Quoting Venice
H4 supply needs to outweigh demand. Price goes between demand and supply, this is it's nature. It's just going up to find more supply... here:

http://www.forexfactory.com/attachme...7&d=1334600818
And on the daily, we still need to retest the previous demand turned supply. Rarely does it not come back...

Projected up towards 3293 min, but w-t-f do I know.
  • #76,443
  • Apr 16, 2012 2:29pm Apr 16, 2012 2:29pm
Quoting Venice
H4 supply needs to outweigh demand. Price goes between demand and supply, this is it's nature. It's just going up to find more supply... here:

http://www.forexfactory.com/attachme...7&d=1334600818
This is obviously not purely technical move - or is it?

We dipped below 1.3 just this morning and now we are 140 pips up north? With almost exclusively bad news (apart from US retail sales) along the way? Am I missing something here?

...or is this all based on Fitch, Moodys and Pianalto somehow managed to revive QE3 speculations?

...or is this all just massive shortcovering in stocks?

If so then...come on!!!

Quant Hedge Fund CEO
  • #76,444
  • Edited 2:37pm Apr 16, 2012 2:31pm | Edited 2:37pm
Quoting FXMastermind
This is obviously not purely technical move - or is it?

We created new monthly low just this morning and now we are 140 pips away? With almost exclusively bad news (apart from US retail sales) along the way? Am I missing something here?

...or is this all based on Fitch and Pianalto reviving QE3 speculations?

If so then...come on!!!

My guess would be more QE3 spec. Although, i posted my hourly chart a few posts back, the upmove was technical, but not this aggressive.

Looking back at my 1h, had i been paying attention, my play would have been buy @ 3028 with a target of 3076'ish. So yeah, a little sumthin sumthin extra came along.

We've also got a pretty sizeable triangle on the Weekly.

We just visited the bottom, then we visit the top. Breakout will be nice because it will set our direction for the next 4-6 months or so. Lots of power on both sides though. We are nearing the apex of it... maybe 2-3 more weeks.
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  • #76,445
  • Apr 16, 2012 2:35pm Apr 16, 2012 2:35pm
Soros is talking down the euro. The fucker must be short.
  • #76,446
  • Apr 16, 2012 2:44pm Apr 16, 2012 2:44pm
Quoting attila
Soros is talking down the euro. The fucker must be short.
i knew that bastard was up to something no good.
  • #76,447
  • Apr 16, 2012 2:48pm Apr 16, 2012 2:48pm
Quoting pkimnyc
i knew that bastard was up to something no good.
obamabots.. he and the other asshole buffet.
  • #76,448
  • Apr 16, 2012 2:49pm Apr 16, 2012 2:49pm
here. ur welcome

(would add on a last spike up if it happens...)
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dreams do come true.
  • #76,449
  • Apr 16, 2012 2:51pm Apr 16, 2012 2:51pm
Quoting attila
Soros is talking down the euro. The fucker must be short.
You bet your pants he is...
Quant Hedge Fund CEO
  • #76,450
  • Apr 16, 2012 2:52pm Apr 16, 2012 2:52pm
Quoting FXMastermind
You bet your pants he is...


I hope this goes to 1.6. Just for that..
  • #76,451
  • Apr 16, 2012 2:53pm Apr 16, 2012 2:53pm
Here is the EUR/USD Pyramid with more down action to happen soon
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  • #76,452
  • Apr 16, 2012 2:58pm Apr 16, 2012 2:58pm
My little wheel says tomorrow the trend might change. Next one is on 5/7.
We went up today... Then there's that short div...Shit. What am I gonna do with my long bias? That's just great..

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  • #76,453
  • Apr 16, 2012 3:02pm Apr 16, 2012 3:02pm
Hola.

Hope no shirts were lost today! Aussie and Gold were cool. EU's pop was a little unexpected for me...thought we were going to range a little more like the Aussie.

There are some real PM pricks around here...not thread members, obviously. Got several saying I must have taken big losses. Post to follow showing my trades. You PM'ers may put it in your pipe...or arse...for all I care! I would usually post up my charts anyway, so don't think I'm spending my time trying to prove anything to you fakking moaners.

Get busy making a bit, or feck off!
  • #76,454
  • Apr 16, 2012 3:03pm Apr 16, 2012 3:03pm
Quoting Kambooj
Here is the EUR/USD Pyramid with more down action to happen soon
You're pointing to my 2907 approximately...
  • #76,455
  • Apr 16, 2012 3:06pm Apr 16, 2012 3:06pm
is 3177 real? it seems to fit.
the euro should get weaker compared to the gbp.. the gbp indicates a bunch higher.. if the euro weakens verses the gbp then maybe 3177 is enough.. but i doubt it .. if the gbp goes to 6053.. i think the euro will = or beat last weeks high. in a 2 hump formation as discussed Saturday with drunk ken.. i doubt we get to 3388.5 but if we break it.. i will look for 3587 and probably 37xx...
those who can, do. those who cant, talk about those who can
  • #76,456
  • Apr 16, 2012 3:10pm Apr 16, 2012 3:10pm
dunk ass ken chart
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those who can, do. those who cant, talk about those who can
  • #76,457
  • Apr 16, 2012 3:11pm Apr 16, 2012 3:11pm
Or Maybe the bankrupt cajas espana are selling assets that priced in usd
  • #76,458
  • Apr 16, 2012 3:15pm Apr 16, 2012 3:15pm
Quoting gatorinla
is 3177 real? it seems to fit.
the euro should get weaker compared to the gbp.. the gbp indicates a bunch higher.. if the euro weakens verses the gbp then maybe 3177 is enough.. but i doubt it .. if the gbp goes to 6053.. i think the euro will = or beat last weeks high. in a 2 hump formation as discussed Saturday with drunk ken.. i doubt we get to 3388.5 but if we break it.. i will look for 3587 and probably 37xx...
.
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those who can, do. those who cant, talk about those who can
  • #76,459
  • Apr 16, 2012 3:16pm Apr 16, 2012 3:16pm
Gold chart with pending orders from 13 hours ago...

Quoting kenfen69
There's about another $4 out of gold.

http://www.forexfactory.com/attachme...1&d=1334559727

Somebody cut my short gold closing hand off, will you?
How it looks now...

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Got a nice fill at the top on that pending order. Some days a broker may not fill that...who knows...maybe they thought I was about to get run over. Anyway...that order had a TP at 1618. After +$12.50, it moved to BE +$10...which got hit. But...look at the chart...

I had already posted charts with two trades taken earlier; One closed for +$6, the other for +$4. Now add on that +$10 trade...and the final one I just closed a while ago for basically BE. Thats $20 of Gold I caught today. Want to check the daily range and let me know if you think it was played poorly...and if you think I'm going to finish the day in the red after $20 of gold pips? Fakkers!

Aussie and EU to come. Don't worry...there's loser on the EU, so you can all hold hands and chant together!
  • #76,460
  • Apr 16, 2012 3:17pm Apr 16, 2012 3:17pm
Quoting gatorinla
is 3177 real? it seems to fit.
the euro should get weaker compared to the gbp.. the gbp indicates a bunch higher.. if the euro weakens verses the gbp then maybe 3177 is enough.. but i doubt it .. if the gbp goes to 6053.. i think the euro will = or beat last weeks high. in a 2 hump formation as discussed Saturday with drunk ken.. i doubt we get to 3388.5 but if we break it.. i will look for 3587 and probably 37xx...
Who?



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