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The Really Useless Thread

  • #80,321
  • Apr 24, 2012 12:01pm Apr 24, 2012 12:01pm
gbp went exactly to the pip of where indicated so far w/o slip. with so little risked. it may be the trade of the year. the opposite of 1.70981 is 1.4299.. with 5232 as a mid.
those who can, do. those who cant, talk about those who can
  • #80,322
  • Apr 24, 2012 12:09pm Apr 24, 2012 12:09pm
Quoting gatorinla
gbp went exactly to the pip of where indicated so far w/o slip. with so little risked. it may be the trade of the year. the opposite of 1.70981 is 1.4299.. with 5232 as a mid.
it did a few pips, but looking at USDOLLAR it's not out of the wood yet

USDOLLAR H1:
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Don't be a hero. Don't have an ego. Always question yourself
  • #80,323
  • Apr 24, 2012 12:33pm Apr 24, 2012 12:33pm
3217 test again
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  • #80,324
  • Edited 1:16pm Apr 24, 2012 1:06pm | Edited 1:16pm
tried a sneaky long here at 1.3191 for 20 pips hopefully
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  • #80,325
  • Apr 24, 2012 1:26pm Apr 24, 2012 1:26pm
Quoting USD-Bear
it did a few pips, but looking at USDOLLAR it's not out of the wood yet

USDOLLAR H1:
Attachment
6161/64 was the target. tech wise, if the euro and the gbp break those levels posted. the usd will break that tl in your chart with a 80% certainty. i am in the mind set that London don't want it broke. so we go down
those who can, do. those who cant, talk about those who can
  • #80,326
  • Apr 24, 2012 1:30pm Apr 24, 2012 1:30pm
Quoting pipper
3217 test again
looking for a reaction @ 83 if and when, but really a 73 daily range is dismal, guess we're stuck ahead of fomc tomorrow...
  • #80,327
  • Apr 24, 2012 1:37pm Apr 24, 2012 1:37pm
yes, all eyes on tomorrow. still could hit 3232ish top of h4 channel beforehand



Quoting FibbinArchie
looking for a reaction @ 83 if and when, but really a 73 daily range is dismal, guess we're stuck ahead of fomc tomorrow...
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  • #80,328
  • Edited 2:08pm Apr 24, 2012 1:54pm | Edited 2:08pm
Quoting pipper
yes, all eyes on tomorrow. still could hit 3232ish top of h4 channel beforehand
it could, but the way Friday's # was built. after we poked a hole in the bottom last Monday. its setting up to drop. the mid for this is 3244. but we didn't do it Friday.. thats not what mattered.. what mattered is we retraced, making Fridays high a important strong #. the lower mofu on that mid is 3216.. we got above it,today. but we were rejected so far. what makes Fridays high so important is it sets up 3461.. so its going to be strong. if it fails we may bounce off that tl.. but the odds are we will be back and break it the tl to 3461.. the gbp is in a like position with 6167. we got a broke floor and resistance near the mid in this bounce. a bounce is normal following a break and the better place to enter.
the euro already broke a lower tl last Monday, atm we are in that tl bounce..

if we are to go north the gbp and euro should agree. even with a euro break i wouldn't trust it w/o the gbp. agreeing.
the gbp is at a major resistance at the high.. if it dont break, we go lower. a long against it here is bad r/r.. even if it breaks, more times then not we retrace. on the gbp that could be hundreds of pips and still be normal.
those who can, do. those who cant, talk about those who can
  • #80,329
  • Apr 24, 2012 1:59pm Apr 24, 2012 1:59pm
Yip, it definitely looks like setting up for a drop. i'm watching this bearish triangle and think we'll drop after touch H4 tl

Quoting gatorinla
it could, but the way Friday's # was built. after we poked a hole in the bottom last Monday. its setting up to drop. the mid for this is 3244. but we didn't do it Friday.. thats not what mattered.. what mattered is we retraced, making Fridays high a important strong #. the lower mofu on that mid is 3216.. we got above it,today. but we were rejected so far. what makes Fridays high so important is it sets up 3461.. so its going to be strong. if it fails we may bounce off that tl.. but the odds are we will be back and break it the tl to 3461.. the...
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  • #80,330
  • Apr 24, 2012 2:06pm Apr 24, 2012 2:06pm
I have to say I even though coming from Alexander Elder: AAPL in 500 before 650 looks hard to accomplish...
  • #80,331
  • Apr 24, 2012 2:09pm Apr 24, 2012 2:09pm
Good call on the 83 archie lets see if we get something now

Quoting FibbinArchie
looking for a reaction @ 83 if and when, but really a 73 daily range is dismal, guess we're stuck ahead of fomc tomorrow...
Disclaimer: Check your 1m charts
  • #80,332
  • Apr 24, 2012 2:14pm Apr 24, 2012 2:14pm
Are we there yet?
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #80,333
  • Apr 24, 2012 2:17pm Apr 24, 2012 2:17pm
might take a short at 1.6145 on gbp if we tap it later. Have that as a yearly level

Quoting gatorinla
it could, but the way Friday's # was built. after we poked a hole in the bottom last Monday. its setting up to drop. the mid for this is 3244. but we didn't do it Friday.. thats not what mattered.. what mattered is we retraced, making Fridays high a important strong #. the lower mofu on that mid is 3216.. we got above it,today. but we were rejected so far. what makes Fridays high so important is it sets up 3461.. so its going to be strong. if it fails we may bounce off that tl.. but the odds are we will be back and break it the tl to 3461.. the...
Disclaimer: Check your 1m charts
  • #80,334
  • Apr 24, 2012 2:18pm Apr 24, 2012 2:18pm
lol, hope the health is getting better Magix. good to see you around mate

Quoting Magix
Are we there yet?
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  • #80,335
  • Apr 24, 2012 2:24pm Apr 24, 2012 2:24pm
Quoting Magix
Are we there yet?

hehe almost
  • #80,336
  • Apr 24, 2012 2:26pm Apr 24, 2012 2:26pm
Terry red carded against Barca Archie
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  • #80,337
  • Apr 24, 2012 2:29pm Apr 24, 2012 2:29pm
Quoting pipper
Yip, it definitely looks like setting up for a drop. i'm watching this bearish triangle and think we'll drop after touch H4 tl
yeah.. now lets see if it bounces up in the 3161 area or drops after.. close under/above 84 and 72 should indicate.
those who can, do. those who cant, talk about those who can
  • #80,338
  • Apr 24, 2012 2:51pm Apr 24, 2012 2:51pm
Quoting Magix
Are we there yet?
not yet we need the little docks to pass through

whats up wise man
  • #80,339
  • Apr 24, 2012 2:55pm Apr 24, 2012 2:55pm
junkiesssssssssssssssss

did u lube well


i dont a fuck for still east salvation unless berrny fucks up

we did visit the 3211 now it should dump it does have the pink power to go through the pink box
  • #80,340
  • Apr 24, 2012 3:04pm Apr 24, 2012 3:04pm
Quoting gatorinla
yeah.. now lets see if it bounces up in the 3161 area or drops after.. close under/above 84 and 72 should indicate.

G do u see 3260's in the chart befor the big dump
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