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The Really Useless Thread

  • #90,941
  • May 23, 2012 11:40am May 23, 2012 11:40am
Quoting gatorinla
sure.. we quite often bounce after some even after break. but this is the 3 rd time.. bounce should be weak. if 1522.40 is broken.. even a weak bounce can be 100$.. it may have already bounced earlier this week.. its support until its not. when its not.. short the tops.
I've been working on a new template. I use DTEMA all the time...love it (Daily Trend Exponential Moving Average). Expanding further to WTEMA, MTEMA and YTEMA (Week, Month and Year). Very interesting when applying it to the Gold chart.

Yearly= White...Monthly=Purple...Weekly=Red.

The Yearly (YTEMA) has just turned south for the first time in a LONG time...AND...WTEMA and MTEMA are both below it...

Attached Image (click to enlarge)
Click to Enlarge Name: 15.PNG Size: 55 KB


The last time that happened we were here in a $250 chop zone. Big move north followed...

Attached Image (click to enlarge)
Click to Enlarge Name: 30.PNG Size: 54 KB


The last time they convincingly cross YTEMA was from below, and it was sub $300 (2001)...

Attached Image (click to enlarge)
Click to Enlarge Name: 60.PNG Size: 52 KB


Interesting time.
  • #90,942
  • May 23, 2012 11:41am May 23, 2012 11:41am
Quoting FibbinArchie
bet that's the lunchtime bounce too..
its been in the green all day actully lol must be mark buying from his desk in a billion dollar ameritrade account lol
  • #90,943
  • May 23, 2012 11:41am May 23, 2012 11:41am
Attached Image
Don't be a hero. Don't have an ego. Always question yourself
  • #90,944
  • May 23, 2012 11:46am May 23, 2012 11:46am
Quoting fxjawn
lol nothin bro... how was your steak? what cut did you get?

the lady likes steak to ya... i think u had told me before she did
The strip is my weapon of choice...was glorious!

Indeed...Zi loves a steak...but has far too much discipline for my liking! As the end of a holiday approaches, she starts getting back to her normal routine...jogging, eating right. They really are the superior sex! I have NO self control when I'm on holidays!

Was a great meal...great night all around.
  • #90,945
  • May 23, 2012 11:48am May 23, 2012 11:48am
Quoting gatorinla
you worried.???? at the mid as we speak..
Not usually when you're driving.

Just play safe with them for another 36 hours...then you can bash them about!
  • #90,946
  • May 23, 2012 11:49am May 23, 2012 11:49am
Quoting gatorinla
.
Whoa Betty!
  • #90,947
  • May 23, 2012 11:50am May 23, 2012 11:50am
Quoting kenfen69
The strip is my weapon of choice...was glorious!

Indeed...Zi loves a steak...but has far too much discipline for my liking! As the end of a holiday approaches, she starts getting back to her normal routine...jogging, eating right. They really are the superior sex! I have NO self control when I'm on holidays!

Was a great meal...great night all around.
awesome brother enjoy it
  • #90,948
  • May 23, 2012 11:54am May 23, 2012 11:54am
Quoting gatorinla
i need my eyes checked. the friggen # changed on me.
Feisty little fakker all of a sudden.

Nice to see a pulse. No way I was shorting from down there.
  • #90,949
  • May 23, 2012 11:57am May 23, 2012 11:57am
Quoting kenfen69
I've been working on a new template. I use DTEMA all the time...love it (Daily Trend Exponential Moving Average). Expanding further to WTEMA, MTEMA and YTEMA (Week, Month and Year). Very interesting when applying it to the Gold chart.

Yearly= White...Monthly=Purple...Weekly=Red.

The Yearly (YTEMA) has just turned south for the first time in a LONG time...AND...WTEMA and MTEMA are both below it...

Attachment

The last time that happened we were here in a $250 chop zone. Big move north followed...

Attachment

The...
i have a 0.858 chart from 1.6 pa since about oct 2008.. at sub 1876.. other things agree almost, to target .8814
if the ez market makers were smart.. the would have told all the energy businesses secretly in Europe to lock in long term contracts with the mid-east for oil when it was or is cheaper. the energy businesses would have to have a profit cap to help the ez.. . then let the euro fall. to 1.0.. they would have long term cheap energy and a currency that would be competitive. China would be at a disadvantage unless they had theirs locked..
those who can, do. those who cant, talk about those who can
  • #90,950
  • May 23, 2012 12:01pm May 23, 2012 12:01pm
Quoting kenfen69
Feisty little fakker all of a sudden.

Nice to see a pulse. No way I was shorting from down there.
those humps are the pair coiling, years in the making
those who can, do. those who cant, talk about those who can
  • #90,951
  • May 23, 2012 12:03pm May 23, 2012 12:03pm
trying an UJ long @ 79.37 might be little early, but it looks like it's losing a bit of it's save haven character

UJ M15:
Attached Image (click to enlarge)
Click to Enlarge Name: Picture0087.jpg Size: 92 KB
Don't be a hero. Don't have an ego. Always question yourself
  • #90,952
  • May 23, 2012 12:03pm May 23, 2012 12:03pm
Quoting gatorinla
those humps are the pair coiling, years in the making
Inserted Video
  • #90,953
  • May 23, 2012 12:07pm May 23, 2012 12:07pm
Quoting kenfen69
Feisty little fakker all of a sudden.

Nice to see a pulse. No way I was shorting from down there.
you did know that the Indian government was making gold buying harder? it was affecting internal demand and its gdp, for its products. India is a pretty big country with a lot of people i heard.
those who can, do. those who cant, talk about those who can
  • #90,954
  • May 23, 2012 12:08pm May 23, 2012 12:08pm
Quoting USD-Bear
trying an UJ long @ 79.37 might be little early, but it looks like it's losing a bit of it's save haven character

UJ M15:
Attachment
its hitting the mid to 78.16 atm
those who can, do. those who cant, talk about those who can
  • #90,955
  • May 23, 2012 12:10pm May 23, 2012 12:10pm
maybe we do need some stinkin' drachma after all..

Inserted Video


at least it'll be cheap to go on holiday in greece again, like it was in the 80's, before the euro came along and competed with the pound...
  • #90,956
  • May 23, 2012 12:12pm May 23, 2012 12:12pm
Quoting gatorinla
its hitting the mid to 78.16 atm
bit of bounce would be nice then....
Don't be a hero. Don't have an ego. Always question yourself
  • #90,957
  • May 23, 2012 12:13pm May 23, 2012 12:13pm
Quoting gatorinla
those humps are the pair coiling, years in the making
Indeed.

Here's a weekly view of YTEMA...

Attached Image (click to enlarge)
Click to Enlarge Name: 60.PNG Size: 45 KB


Apart from a brief stretch through the 2008 shitshow, it hasn't pointed down in a long, long time. If $1522/00 goes...it will definitely be pointing down (already is...just)...and cheaper buy prices will certainly be on the horizon...for those that want it.
  • #90,958
  • May 23, 2012 12:15pm May 23, 2012 12:15pm
Quoting USD-Bear
bit of bounce would be nice then....
i was trying to sneak a s in the 80.5 area.. the bastard wouldn't bite..
those who can, do. those who cant, talk about those who can
  • #90,959
  • May 23, 2012 12:15pm May 23, 2012 12:15pm
Quoting FibbinArchie
maybe we do need some stinkin' drachma after all..

http://www.youtube.com/watch?v=HaxURLFn6jU
You want drama, senior? How much more drama do you want?

  • #90,960
  • May 23, 2012 12:16pm May 23, 2012 12:16pm
Quoting kenfen69
Indeed.

Here's a weekly view of YTEMA...

Attachment

Apart from a brief stretch through the 2008 shitshow, it hasn't pointed down in a long, long time. If $1522/00 goes...it will definitely be pointing down (already is...just)...and cheaper buy prices will certainly be on the horizon...for those that want it.
take out 1522 and your cooking with gas.
those who can, do. those who cant, talk about those who can
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