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The Really Useless Thread

  • #85,561
  • May 9, 2012 7:56am May 9, 2012 7:56am
Quoting gatorinla
leaving some on cruise control maybe... lets c where the day week closes. will be looking for 2620 or more. kens nutz on the line
slowly but surely give it some time

what about PTL's

gold eying 1560's befor we really have a good bounce
  • #85,562
  • May 9, 2012 7:56am May 9, 2012 7:56am
wld've longed this for a bounce from here as per earlier post, but pa lingering at the level too much... and only managing a 15 pip retrace so far...

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  • #85,563
  • May 9, 2012 7:57am May 9, 2012 7:57am
oil low at a tl.. a touch of 95.50 should bring 92.87 min... more nutz on the line. eu said it will happen.. low atm is 95.66
those who can, do. those who cant, talk about those who can
  • #85,564
  • May 9, 2012 7:59am May 9, 2012 7:59am
Quoting kill56
slowly but surely give it some time

what about PTL's

gold eying 1560's befor we really have a good bounce
is it 1492-8 yet? when it gets there.. put me down for sub 1250
those who can, do. those who cant, talk about those who can
  • #85,565
  • May 9, 2012 8:04am May 9, 2012 8:04am
2898 is 125% of last months range..
Look Sharp/Trade Tight
  • #85,566
  • May 9, 2012 8:07am May 9, 2012 8:07am
seeing 2880 as a possible, low from jan/feb last year...

edit- also apr 2009 and jan 2007..
  • #85,567
  • May 9, 2012 8:12am May 9, 2012 8:12am
Quoting kill56
slowly but surely give it some time

what about PTL's

gold eying 1560's befor we really have a good bounce
sub 1522=1254 min
bounce could happen at any time.. 1570.62 and 1576.5 is a mid.. 1581.37 was a target..
Attached Image
those who can, do. those who cant, talk about those who can
  • #85,568
  • May 9, 2012 8:15am May 9, 2012 8:15am
Quoting FibbinArchie
seeing 2880 as a possible, low from jan/feb last year...

edit- also apr 2009 and jan 2007..
2866 should be in the target box.
those who can, do. those who cant, talk about those who can
  • #85,569
  • May 9, 2012 8:17am May 9, 2012 8:17am
Quoting chazzle
jumped the gun by a few minutes on a gold long - DBL[HC]* + RSI div
green and looking safe-ish after a probe lower and quick rejection
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  • #85,570
  • May 9, 2012 8:18am May 9, 2012 8:18am
Quoting FibbinArchie
wld've longed this for a bounce from here as per earlier post, but pa lingering at the level too much... and only managing a 15 pip retrace so far...

http://www.youtube.com/watch?v=G6Kspj3OO0s
Oi Archie. It's why I am done with the bottom picking days.

I'll let price beat a supply zone first, which indicates a reversal, then buy the next demand zone.
  • #85,571
  • May 9, 2012 8:19am May 9, 2012 8:19am
Aussie is currently clear of its demand zone on the Daily. hah.
  • #85,572
  • May 9, 2012 8:20am May 9, 2012 8:20am
Standing aside for the day

Not convinced there is enough room at the bottom for another level to fill
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" Never let the past hold the future to ransom "
  • #85,573
  • May 9, 2012 8:25am May 9, 2012 8:25am
Quoting Venice
Oi Archie. It's why I am done with the bottom picking days.

I'll let price beat a supply zone first, which indicates a reversal, then buy the next demand zone.
yeah fair enough v, counter trending is always a dodgy business, better to look to reduce risk and increase probability..
  • #85,574
  • May 9, 2012 8:26am May 9, 2012 8:26am
Quoting gatorinla
2866 should be in the target box.
yeah spotted that level'ish too, what you got there?
  • #85,575
  • May 9, 2012 8:27am May 9, 2012 8:27am
don't forget the ben bernakake could slam this decline into reverse tomorrow... he's only gotta hint at qe3...

but the bigger question in focus just now is.. is geece ez exit really a viable option? really?
  • #85,576
  • May 9, 2012 8:29am May 9, 2012 8:29am
Quoting FibbinArchie
yeah spotted that level'ish too, what you got there?
just a stretch of current pa. mid at 2916.. that should show if we are on the right track.
those who can, do. those who cant, talk about those who can
  • #85,577
  • May 9, 2012 8:30am May 9, 2012 8:30am
*ding ding ding*
Quant Hedge Fund CEO
  • #85,578
  • May 9, 2012 8:33am May 9, 2012 8:33am
Quoting gatorinla
just a stretch of current pa. mid at 2916.. that should show if we are on the right track.
lower mofu of the year to date's range?

edit- actually that was about 50 pips or so back unless i'm mistaken..
  • #85,579
  • May 9, 2012 8:36am May 9, 2012 8:36am
Quoting FibbinArchie
yeah spotted that level'ish too, what you got there?
yeah he could. against a failed ez experiment. a weaker usd is just going to make a total failure of the ez more probable. with a cheaper usd will still come cheaper Asia products. water is good..but if you drink to much, you die.
those who can, do. those who cant, talk about those who can
  • #85,580
  • May 9, 2012 8:38am May 9, 2012 8:38am
Quoting FibbinArchie
lower mofu of the year to date's range?

edit- actually that was about 50 pips or so back unless i'm mistaken..
2947.4 below it atm... the other is just a minor.. not even a good looking one.. but since 2620 looks probable.. the ugly 2866 looks better.
those who can, do. those who cant, talk about those who can
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