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The Really Useless Thread

  • #90,701
  • May 23, 2012 2:52am May 23, 2012 2:52am
Quoting Chillypiper
There is some hanky panky going on there now.. More data to come tomrow...Tricky shit there,,

Edit .. no major data, but news I need to chk
yea was just on a grind for a bit after a huge retrace
  • #90,702
  • May 23, 2012 2:55am May 23, 2012 2:55am
Thats BS move in oz! Well, the bear pendent is ether way FAK!

Tight sl au and eu no ju.. gn and gl!
  • #90,703
  • May 23, 2012 3:09am May 23, 2012 3:09am
Quoting Wulfgar
heavy risk off still across the board in correlating markets

Im just sitting around waiting for news from the EU... and/or tmmrws data out of Germany...
Well that's the question what news? ...I mean there is nothing they can announce except studying and creating a commission of a commission to review a potential growth plan, bla, bla, bla that have to review after so the national governments can review it again before some of them have to ask in a referendum to approve it, etc, etc

For real, only 3 things to watchout for.

1) Comments on Eurobonds and to a lot lesser extend common euro-bonds for financing projects, etc .

2) Growth plan bla bla but calling for the ECB to be more active (a.k.a QE, LTRO 3, more bond buying)

3) Nothing (the most probable scenario) but a nice kicking the can until Greek elections.

All of them will give us a pullback/rally (in some markets) until the "final act" next month before the summer start...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #90,704
  • May 23, 2012 3:15am May 23, 2012 3:15am
Sisse in those cases a rally would ensue... However we are testing some massive TA levels right now... Guess risk sentiment is just leading the way for now
  • #90,705
  • May 23, 2012 3:27am May 23, 2012 3:27am
so like nobody wants the eu's or the au's
  • #90,706
  • May 23, 2012 3:27am May 23, 2012 3:27am
Morning..

I am planning to intervene in the market
" Never let the past hold the future to ransom "
  • #90,707
  • May 23, 2012 3:28am May 23, 2012 3:28am
january lows done
  • #90,708
  • May 23, 2012 3:28am May 23, 2012 3:28am
Quoting Gleneagles
Morning..

I am planning to intervene in the market
lol ill help
  • #90,709
  • May 23, 2012 3:29am May 23, 2012 3:29am
halo seniors, yooorow getting spanked upside the head i see..
  • #90,710
  • May 23, 2012 3:37am May 23, 2012 3:37am
Quoting fxjawn
january lows done
dems is done...
  • #90,711
  • May 23, 2012 3:37am May 23, 2012 3:37am
Quoting Wulfgar
Sisse in those cases a rally would ensue... However we are testing some massive TA levels right now... Guess risk sentiment is just leading the way for now
Oh yeap, risk in full control. Rallies i was referring in indices, pullbacks/retraces on dollar pair via risk.

The euro which is the center of the storm is a bit different as any impact on mild risk news will be softer short term while a real resolution in the euro problem will have a massive knee jerk reaction in the pair (stronger than in other markets) whatever the side (either down on euro collapse or rally on "Greece is saved").

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #90,712
  • May 23, 2012 3:40am May 23, 2012 3:40am
s/o at 0...
new target. bounce now or soon is normal..
Attached Image
those who can, do. those who cant, talk about those who can
  • #90,713
  • May 23, 2012 3:40am May 23, 2012 3:40am
Quoting fxjawn
lol ill help

zero`s are cheap now

Jan lows could be good for a bounce

too late and risky to sell the lows?

I missed all the action yesterday because of lousy ISP/telecoms
" Never let the past hold the future to ransom "
  • #90,714
  • May 23, 2012 3:41am May 23, 2012 3:41am
Quoting FibbinArchie
dems is done...
almost a 1,000 pip rally and retrace since the new year lol that was the bounce
  • #90,715
  • May 23, 2012 3:43am May 23, 2012 3:43am
Quoting Gleneagles
zero`s are cheap now

Jan lows could be good for a bounce

too late and risky to sell the lows?

I missed all the action yesterday because of lousy ISP/telecoms
oh damn... yea i would not add here... just watching to see if i need to cover lol
  • #90,716
  • May 23, 2012 3:49am May 23, 2012 3:49am
Quoting chazzle
Possible $10 bounce
Still in by a whisker , but really , should have pulled it after the close of this bear to take half a dollar profit on being wrong and re-entered $2 lower for a better RR ( tighter sl , same target and same set-up repeated )
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  • #90,717
  • May 23, 2012 3:50am May 23, 2012 3:50am
bears done on a 10 pip penetration? the low is 5 months old i guess..

what's next? super rally?
  • #90,718
  • May 23, 2012 3:52am May 23, 2012 3:52am
Quoting fxjawn
oh damn... yea i would not add here... just watching to see if i need to cover lol
Tops/bottom trading is not my style

Will grab what I can countertrend if it lasts

+20 and some change so far

edit: rolled the dice on 2623 long

will like a sell from around 2661/64 area
" Never let the past hold the future to ransom "
  • #90,719
  • May 23, 2012 3:53am May 23, 2012 3:53am
i don't know how high.. 2759/60 is just a baby distance.
those who can, do. those who cant, talk about those who can
  • #90,720
  • May 23, 2012 3:54am May 23, 2012 3:54am
Quoting FibbinArchie
bears done on a 10 pip penetration? the low is 5 months old i guess..

what's next? super rally?
yea to shut everyone up...lol thats how it goes
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