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The Really Useless Thread

  • #84,961
  • May 8, 2012 9:14am May 8, 2012 9:14am
cleared most so fucken pinkish
  • #84,962
  • May 8, 2012 9:19am May 8, 2012 9:19am
god I hate trading sometimes. lol. I don't know how you guys do this day in and out.
  • #84,963
  • May 8, 2012 9:19am May 8, 2012 9:19am
Quoting attila
Do you consider the mofu from 3066 broken?
another at 2958.2... 2947 is safer. both have hits.. i don't know what one is better. we bounced so many times. plus 2962 is there.
those who can, do. those who cant, talk about those who can
  • #84,964
  • May 8, 2012 9:25am May 8, 2012 9:25am
Quoting attila
What are your fib properties?
one should never ask that question of a gentleman
  • #84,965
  • May 8, 2012 9:26am May 8, 2012 9:26am
Quoting Venice
Yes... lets just keep shorting this thing into the ground...

All the buyers we had for the last 3 months... just disappeared... sure.
when e banks were selling assets they needed to bring the cash home. so it was converted from wherever the money came, to euros, repatriation (euro demand). as assets are sold, there is less to sell. they have been selling for years. so the good stuff was picked through. the last to go is the trash. to sell it the prices are dropped. with less to sell and reduction of price they repatriate less.
those who can, do. those who cant, talk about those who can
  • #84,966
  • May 8, 2012 9:26am May 8, 2012 9:26am
Quoting chazzle
one should never ask that question of a gentleman

  • #84,967
  • May 8, 2012 9:30am May 8, 2012 9:30am
Quoting chazzle
one should never ask that question of a gentleman
Look Sharp/Trade Tight
  • #84,968
  • May 8, 2012 9:34am May 8, 2012 9:34am
  • #84,969
  • May 8, 2012 9:34am May 8, 2012 9:34am
here goes oil..it just started
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those who can, do. those who cant, talk about those who can
  • #84,970
  • May 8, 2012 9:37am May 8, 2012 9:37am
damn gold dropped. im so surprised.
those who can, do. those who cant, talk about those who can
  • #84,971
  • May 8, 2012 9:39am May 8, 2012 9:39am
Quoting chazzle
one should never ask that question of a gentleman
Yeah, well... Without that it's pretty much pointless.. I don't understand a thing..
  • #84,972
  • May 8, 2012 9:50am May 8, 2012 9:50am
Quoting gatorinla
if oil drops a buck, to below 95.32,, is another clue.. atm at 96.6x
closer


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those who can, do. those who cant, talk about those who can
  • #84,973
  • May 8, 2012 9:51am May 8, 2012 9:51am
Quoting attila
Yeah, well... Without that it's pretty much pointless.. I don't understand a thing..
sorry I had a Monty Python moment , I wasn't even thinking about *ahem* fib properties , honest
  • #84,974
  • May 8, 2012 10:00am May 8, 2012 10:00am
gold at the mid bounce
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those who can, do. those who cant, talk about those who can
  • #84,975
  • May 8, 2012 10:03am May 8, 2012 10:03am
Quoting Venice
god I hate trading sometimes. lol. I don't know how you guys do this day in and out.
Had a bad trading day today? I think it was actually one of the easier ones, lol. I am probably too much accustomed to weird PA weīve had recently...

Most of the moves today was purely fundamentally based, but it behaved nicely from technical perspective as well, important levels were respected both yesterday and today - 3065, 3054, 3035, 3009, 2990...

Fundies are giving direction these days, not the other way round. They always do, by the way, but this is even stronger in uncertain times and we have these now and will have them for quite some time with plenty of troubles again jumping from the box in Europe...
Quant Hedge Fund CEO
  • #84,976
  • May 8, 2012 10:05am May 8, 2012 10:05am
gold oil aud eur aj are all at support points atm.. some like the eu and oil have already been tested.. a wtf either way possible.. even after supports are broken a bounce happens more times then not. since the euro has done this already weeks back.. its a big question... we are already close to atr today.. a big move dont give a duck, about daily atr.
those who can, do. those who cant, talk about those who can
  • #84,977
  • May 8, 2012 10:06am May 8, 2012 10:06am
Ok fellas, calling it a day 30 mins earlier today, keeping that 3010 short overnight (if it holds, obviously )...

All in all good day, nothing too fancy in terms of pip gains, but nicely in green and thatīs what counts...

I seriously wouldnīt be mad if we closed below .2975 today.

You guys have fun, see ya all tomorrow.

Iīll be back!

Cheers, FXM
Quant Hedge Fund CEO
  • #84,978
  • May 8, 2012 10:07am May 8, 2012 10:07am
Quoting gatorinla
gold oil aud eur aj are all at support points atm.. some like the eu and oil have already been tested.. a wtf either way possible.. even after supports are broken a bounce happens more times then not. since the euro has done this already weeks back.. its a big question... we are already close to atr today.. a big move dont give a duck.
very true, in EU we have it a lot these days...I just hope, as the saying goes, you donīt enter the same river twice
Quant Hedge Fund CEO
  • #84,979
  • May 8, 2012 10:08am May 8, 2012 10:08am
Quoting FXMastermind
Had a bad trading day today? I think it was actually one of the easier ones, lol. I am probably too much accustomed to weird PA weīve had recently...

Most of the moves today was purely fundamentally based, but it behaved nicely from technical perspective as well, important levels were respected both yesterday and today - 3065, 3054, 3035, 3009, 2990...

Fundies are giving direction these days, not the other way round. They always do, by the way, but this is even stronger in uncertain times and we have these now and will have them for quite some...
all tech to me..
those who can, do. those who cant, talk about those who can
  • #84,980
  • May 8, 2012 10:09am May 8, 2012 10:09am
anyone else seeing 1.28777 ????
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