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The Really Useless Thread

  • #84,501
  • May 7, 2012 2:06pm May 7, 2012 2:06pm
we are below the mid of the up move from the begining of the year. if we do turn here... hell of a short, me finks.
dreams do come true.
  • #84,502
  • May 7, 2012 2:12pm May 7, 2012 2:12pm
Quoting wannaberich
we are below the mid of the up move from the begining of the year. if we do turn here... hell of a short, me finks.
It usually doesn't happen when it looks like it..
  • #84,503
  • May 7, 2012 2:13pm May 7, 2012 2:13pm
Quoting wannaberich
fuck it. i just closed my long for 83 pips. now i will try REAL hard not to care if it keeps climbing...
its gone down (most likley).. just the 2962 bounce. targeting 2620 2601 2577 2521 2001.9 (LL or a db )..
how high is the bounce is the question. since both oil and the euro hit support. not a big surprise on the euro. 2962 will be R in the future.
those who can, do. those who cant, talk about those who can
  • #84,504
  • May 7, 2012 2:25pm May 7, 2012 2:25pm
last friday i made a chart (after finally convincing myself that we were not going up and letting 40 pips or so go down the drain at be) that pointed to 1.3027 and 1.2960. when i saw the number i remembered u. u've been calling it for seems like a year (LOL). then market opened below 3027 and the hourly was kept below it. should have shorted there but i waited for it to go above it. it didn't. so i longed when i came to the pc after the rejection of 60 to the mid (55 - 83 area). we are here. i just shorted. too big sl for my taste (40 pips). aiming at 2852 and 2743. will we finally break this fucking mid (3055) after the 7th time?

Quoting gatorinla
its gone down (most likley).. just the 2962 bounce. targeting 2620 2601 2577 2521 2001.9 (LL or a db )..
how high is the bounce is the question. since both oil and the euro hit support. not a big surprise on the euro. 2962 will be R in the future.
dreams do come true.
  • #84,505
  • May 7, 2012 2:31pm May 7, 2012 2:31pm
Quoting wannaberich
last friday i made a chart (after finally convincing myself that we were not going up and letting 40 pips or so go down the drain at be) that pointed to 1.3027 and 1.2960. when i saw the number i remembered u. u've been calling it for seems like a year (LOL). then market opened below 3027 and the hourly was kept below it. should have shorted there but i waited for it to go above it. it didn't. so i longed when i came to the pc after the rejection of 60 to the mid (55 - 83 area). we are here. i just shorted. too big sl for my taste (40 pips). aiming...
we made a LL a few Mondays ago. we retraced 50% of the leg after (hump 2).. we made a new LL.. now.. it bounces and should fall. 3115 is the mid to the weak leg.. im selling a little at a time on the bounce.. hopefully once below 2962 all my stops will be above as it becomes a strong R
those who can, do. those who cant, talk about those who can
  • #84,506
  • May 7, 2012 2:35pm May 7, 2012 2:35pm
closing the gap
Disclaimer: Check your 1m charts
  • #84,507
  • May 7, 2012 2:37pm May 7, 2012 2:37pm
Quoting gatorinla
we made a LL a few Mondays ago. we retraced 50% of the leg after (hump 2).. we made a new LL.. now.. it bounces and should fall. 3115 is the mid to the weak leg.. im selling a little at a time on the bounce.. hopefully once below 2962 all my stops will be above as it becomes a strong R
The way I read it though, this is the third attempt to break this daily range, and it found buyers below... It didn't continue... I guess we'll see how today/tomorrow will close, that would tell if we're dealing with a hump or a full reverse..

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  • #84,508
  • May 7, 2012 2:37pm May 7, 2012 2:37pm
almost 50% of the last leg.
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those who can, do. those who cant, talk about those who can
  • #84,509
  • May 7, 2012 2:38pm May 7, 2012 2:38pm
Quoting pipper
closing the gap
Gap lapper!

Good day off, pipper? Made a few?
  • #84,510
  • May 7, 2012 2:38pm May 7, 2012 2:38pm
Quoting gatorinla
...im selling a little at a time on the bounce.. hopefully once below 2962 all my stops will be above as it becomes a strong R
Ditto that...pretty much verbatim.
  • #84,511
  • May 7, 2012 2:41pm May 7, 2012 2:41pm
Quoting attila
The way I read it though, this is the third attempt to break this daily range, and it found buyers below... It didn't continue... I guess we'll see how today/tomorrow will close, that would tell if we're dealing with a hump or a full reverse..
other then oil and the gbp. i would nothing to think about. short at 3274 (last week) bounce and set stops and wait for the 80% likely trade to 2620.. if oil makes a new low. then the 50% of the previous leg for the gbp is 57xx.. i could of set this one 3/4 Mondays ago and forgot about it (when we made the LL).
those who can, do. those who cant, talk about those who can
  • #84,512
  • May 7, 2012 2:44pm May 7, 2012 2:44pm
Quoting gatorinla
other then oil and the gbp. i would nothing to think about. short at 3274 (last week) bounce and set stops and wait for the 80% likely trade to 2620.. if oil makes a new low. then the 50% of the previous leg for the gbp is 57xx.. i could of set this one 3/4 Mondays ago and forgot about it.
We'll see.. I'll be short, just more cautious..
  • #84,513
  • May 7, 2012 2:45pm May 7, 2012 2:45pm
Quoting attila
We'll see.. I'll be short, just more cautious..
2962 still isn't closed.
those who can, do. those who cant, talk about those who can
  • #84,514
  • May 7, 2012 2:46pm May 7, 2012 2:46pm
lol.. yes a good day Ken with a few pips in the poca Zonked out zzzzzzzzz half way though London session. good day you too mate ?

Quoting kenfen69
Gap lapper!

Good day off, pipper? Made a few?
Disclaimer: Check your 1m charts
  • #84,515
  • May 7, 2012 2:46pm May 7, 2012 2:46pm
bbl
those who can, do. those who cant, talk about those who can
  • #84,516
  • May 7, 2012 2:57pm May 7, 2012 2:57pm
Whats everyones projections for the next supply level to the topside on the daily? I have 3154'ish.
  • #84,517
  • May 7, 2012 2:59pm May 7, 2012 2:59pm
Quoting pipper
lol.. yes a good day Ken with a few pips in the poca Zonked out zzzzzzzzz half way though London session. good day you too mate ?
Thought you drifted off there...I did the same shortly after.

Not too bad of a day, I suppose. Had the bottom in EU, but let it go when it started drifting aimlessly. Just filling a few shorts there now...nice and small so far. Orders on deck at 72 and 86.

Have started doing the same on Aussie...looking for a little retest of the bottom to find out if we're going back up for real...

Attached Image


Closed half my Gold at +$10 earlier...the rest is at +$6 right now.

Bit of a slow start, but should pick up soon. Eager for London to take their seats again.
  • #84,518
  • May 7, 2012 3:02pm May 7, 2012 3:02pm
Quoting Venice
Whats everyones projections for the next supply level to the topside on the daily? I have 3154'ish.
I have an H4 marked around 3160ish.

Daily 3265ish!

Gawd love us...not again!
  • #84,519
  • May 7, 2012 3:03pm May 7, 2012 3:03pm
Quoting Venice
Whats everyones projections for the next supply level to the topside on the daily? I have 3154'ish.
got a chart on the previous page with the levels I'm watching..
  • #84,520
  • May 7, 2012 3:04pm May 7, 2012 3:04pm
Quoting attila
got a chart on the previous page with the levels I'm watching..
Fine looking chart.
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