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The Really Useless Thread

  • #83,661
  • May 4, 2012 11:13am May 4, 2012 11:13am
class vid archie

Quoting FibbinArchie
just call me the king of predictions...

http://www.forexfactory.com/showthre...76#post5637276
Disclaimer: Check your 1m charts
  • #83,662
  • May 4, 2012 11:14am May 4, 2012 11:14am
Quoting FibbinArchie
just call me the king of predictions...

http://www.forexfactory.com/showthre...76#post5637276
lol nice
  • #83,663
  • May 4, 2012 11:16am May 4, 2012 11:16am
beautiful pin bar reversal on the m5 for today's high..
  • #83,664
  • May 4, 2012 11:18am May 4, 2012 11:18am
Quoting pkimnyc
4hr momentum successfully dragged the daily to the south. 3400 probably unlikely anytime soon.
It seems that way.. watching 3103 on weekly..
  • #83,665
  • May 4, 2012 11:20am May 4, 2012 11:20am
Quoting attila
It seems that way.. watching 3103 on weekly..
3000 at least. will take it from there. though i'm looking at much lower, but will see.
  • #83,666
  • May 4, 2012 11:22am May 4, 2012 11:22am
Quoting pkimnyc
3000 at least. will take it from there. though i'm looking at much lower, but will see.
that's prev week low.. If it closes above, bulls are not dead.. we'll see..
  • #83,667
  • May 4, 2012 11:26am May 4, 2012 11:26am
Quoting FibbinArchie
just call me the pink king of predictions...

http://www.forexfactory.com/showthre...76#post5637276
  • #83,668
  • May 4, 2012 11:27am May 4, 2012 11:27am
Quoting attila
that's prev week low.. If it closes above, bulls are not dead.. we'll see..
All odds are against bulls atm. 3 rejection candles on weekly. Daily momentum will most likely push it further down next week.
  • #83,669
  • May 4, 2012 11:31am May 4, 2012 11:31am
3088 might be good for a hit and run long scalp
Attached Image
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  • #83,670
  • May 4, 2012 11:31am May 4, 2012 11:31am
Quoting pkimnyc
All odds are against bulls atm. 3 rejection candles on weekly. Daily momentum will most likely push it further down next week.
I know. but if history has any meaning never say never for neither up nor down with this pair..
Today was a good example.
  • #83,671
  • May 4, 2012 11:36am May 4, 2012 11:36am
Quoting attila
I know. but if history has any meaning never say never for neither up nor down with this pair..
Today was a good example.
slim chance, but like you said, you never know.

btw, dow isn't looking pretty hot either.
today was a good example to short.
  • #83,672
  • May 4, 2012 11:40am May 4, 2012 11:40am
breaks and closes below 3074, it's lights out

Quoting attila
I know. but if history has any meaning never say never for neither up nor down with this pair..
Today was a good example.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 45 KB
Disclaimer: Check your 1m charts
  • #83,673
  • May 4, 2012 11:42am May 4, 2012 11:42am
Quoting attila
I know. but if history has any meaning never say never for neither up nor down with this pair..
Today was a good example.
I'm not convinced yet either. We are not even to the mid of my daily demand yet.
  • #83,674
  • May 4, 2012 11:44am May 4, 2012 11:44am
Quoting Venice
I'm not convinced yet either. We are not even to the mid of my daily demand yet.
As I mentioned before, the drop was risk off due to all the elections this weekend.. I think..

If risk on comes back will go up as fast..
  • #83,675
  • May 4, 2012 11:47am May 4, 2012 11:47am
kk boys. see you at the bottom.
  • #83,676
  • May 4, 2012 11:48am May 4, 2012 11:48am
Quoting attila
As I mentioned before, the drop was risk off due to all the elections this weekend.. I think..

If risk on comes back will go up as fast..
Basically, it's a mess. I have a lot of mixed signals. 3rd hit into daily demand... but, demand is demand until it isn't. I've seen plays hit the same area 5-6 times, as well as fall through on the 1st or second. So yeah...

We are currently sinking into another demand level on the H1... starts @ 3081. Lets see what she has for us.
  • #83,677
  • May 4, 2012 11:50am May 4, 2012 11:50am
think you may be right....safe play into USD for the weekend for Gr Fr elections and no London early Monday AM so thin liquidity

last speech at FOMC Bernanke emphasized that the FED is prepared to stimulate......may regret it but closed equity shorts

and the OIL selloff gets that price down. direct benefit to the consumer and ec without printing a nickel

Quoting attila
As I mentioned before, the drop was risk off due to all the elections this weekend.. I think..

If risk on comes back will go up as fast..
  • #83,678
  • May 4, 2012 11:51am May 4, 2012 11:51am
trend line support coming in on the daily around 3068, lets c.. surprised we're back at the low so soon, friday afternoon retraces are usually a bit more prolonged than that..
  • #83,679
  • May 4, 2012 11:53am May 4, 2012 11:53am
if the big boys want to keep symmetry, we might see 1.3185 again if 3074 holds

Quoting attila
As I mentioned before, the drop was risk off due to all the elections this weekend.. I think..

If risk on comes back will go up as fast..
Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 218 KB
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  • #83,680
  • May 4, 2012 11:54am May 4, 2012 11:54am
Quoting roro53
think you may be right....safe play into USD for the weekend for Gr Fr elections and no London early Monday AM so thin liquidity

last speech at FOMC Bernanke emphasized that the FED is prepared to stimulate......may regret it but closed equity shorts

and the OIL selloff gets that price down. direct benefit to the consumer and ec without printing a nickel
Didn't know that, thanks.
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