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The Really Useless Thread

  • #85,501
  • May 9, 2012 5:47am May 9, 2012 5:47am
Quoting FibbinArchie
need more info on it, ie. does it expire at today's ny cut and is it vanilla.. if so i would expect to see range continuation into the ny open, possibly creeping higher before a sharp move down into the level near expiry time...
Nope, options in EU to expire todays NY cut are .3050 and .3000

also worth noting (Chazzle?) the one in cable, @.6125

Lunchtime!
Quant Hedge Fund CEO
  • #85,502
  • May 9, 2012 5:54am May 9, 2012 5:54am
Next trade will be a buy if low remains in place
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" Never let the past hold the future to ransom "
  • #85,503
  • May 9, 2012 5:55am May 9, 2012 5:55am
German coalition lawmakers are open to a greek exit of EZ, source: Handelsblatt...

wow...
Quant Hedge Fund CEO
  • #85,504
  • May 9, 2012 5:56am May 9, 2012 5:56am
Quoting FXMastermind
Nope, options in EU to expire todays NY cut are .3050 and .3000

also worth noting (Chazzle?) the one in cable, @.6125

Lunchtime!
disregard my previous post in that case... will have to rethink today's game plan...
  • #85,505
  • May 9, 2012 5:59am May 9, 2012 5:59am
jumped the gun by a few minutes on a gold long - DBL[HC]* + RSI div



*hopium
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  • #85,506
  • May 9, 2012 6:03am May 9, 2012 6:03am
Watch spanish bonds closely and bunds also, close to 1.5%, crucial level for bund...

yanks coming into the market, might add some bearish firepower, they just hate political turmoil in Europe I noticed

now finally going to grab some.
Quant Hedge Fund CEO
  • #85,507
  • May 9, 2012 6:11am May 9, 2012 6:11am
EU hits new lows, finally...Yen going wild here, suggesting flight to safety...

I canīt really go to have lunch now, can I?
Quant Hedge Fund CEO
  • #85,508
  • May 9, 2012 6:11am May 9, 2012 6:11am
GIVE IT UP, BASTARDS!
  • #85,509
  • May 9, 2012 6:19am May 9, 2012 6:19am
long scalp off sexy pin+div
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  • #85,510
  • May 9, 2012 6:27am May 9, 2012 6:27am
Trying a long at 1.2970
  • #85,511
  • May 9, 2012 6:27am May 9, 2012 6:27am
Quoting Mr Hatch
GIVE IT UP, BASTARDS!
indeed, what do you have below here? not much further down will be lower on the year..
Look Sharp/Trade Tight
  • #85,512
  • May 9, 2012 6:28am May 9, 2012 6:28am
Quoting FXMastermind
moving SL closer to recent highs, @1.3
covered @70 for 20 pips...I might be sorry later on, but we should be going down - and we arenīt. Thatīs often a bad sign. And in this silly market, better safe than sorry always comes first.
Quant Hedge Fund CEO
  • #85,513
  • May 9, 2012 6:29am May 9, 2012 6:29am
Quoting FXMastermind
covered @70 for 20 pips...I might be sorry later on, but we should be going down - and we arenīt. Thatīs often a bad sign. And in this silly market, better safe than sorry always comes first.
consolidating for the push imo, but let's see...

m5 looks a choppy mofo, with lot's of top and bottom, wickedy, wickedy wicks..

word to yo mama homie... (as in home boy, not calling you a homo or nuthin')..
  • #85,514
  • May 9, 2012 6:31am May 9, 2012 6:31am
Quoting FXMastermind
covered @70 for 20 pips...I might be sorry later on, but we should be going down - and we arenīt. Thatīs often a bad sign. And in this silly market, better safe than sorry always comes first.
its a big area, and everybody is watching...a bounce would not surprise me, even back to 3054..but I stay, play for lower...
Look Sharp/Trade Tight
  • #85,515
  • May 9, 2012 6:32am May 9, 2012 6:32am
Quoting FXMastermind
covered @70 for 20 pips...I might be sorry later on, but we should be going down - and we arenīt. Thatīs often a bad sign. And in this silly market, better safe than sorry always comes first.
right, still need a daily close below 1.3000 to get it going imo
Don't be a hero. Don't have an ego. Always question yourself
  • #85,516
  • May 9, 2012 6:34am May 9, 2012 6:34am
Quoting USD-Bear
right, still need a daily close below 1.3000 to get it going imo
I have one crazy chart that points to 1.55+ from this level here....
  • #85,517
  • May 9, 2012 6:34am May 9, 2012 6:34am
Quoting PayTheLimit
its a big area, and everybody is watching...a bounce would not surprise me, even back to 3054..but I stay, play for lower...
Iīd just love to see a bounce to 3080 to close the gap and short there...

I donīt really feel comfortable shorting these levels, but not really feeling like going long either with all that mess around

you still holding your 3055 short I suppose?
Quant Hedge Fund CEO
  • #85,518
  • May 9, 2012 6:35am May 9, 2012 6:35am
Quoting USD-Bear
right, still need a daily close below 1.3000 to get it going imo
100% agreement there - and if we donīt get it soon, we might bounce in some ugly manner...
Quant Hedge Fund CEO
  • #85,519
  • May 9, 2012 6:36am May 9, 2012 6:36am
he with little faith
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those who can, do. those who cant, talk about those who can
  • #85,520
  • May 9, 2012 6:39am May 9, 2012 6:39am
Quoting FXMastermind
Iīd just love to see a bounce to 3080 to close the gap and short there...

I donīt really feel comfortable shorting these levels, but not really feeling like going long either with all that mess around

you still holding your 3055 short I suppose?
I would rather have bounces contained by 2994...

and try and ride it out to see the daily close...

feels like pig riding mostly..
Look Sharp/Trade Tight
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