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The Really Useless Thread

  • #96,541
  • Jun 13, 2012 6:20am Jun 13, 2012 6:20am
looking to squeeze a long in, to target 2582 @ 2508.8/12.9 w tight stop
atm 2527
those who can, do. those who cant, talk about those who can
  • #96,542
  • Jun 13, 2012 6:24am Jun 13, 2012 6:24am
might be wrong
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  • #96,543
  • Jun 13, 2012 6:27am Jun 13, 2012 6:27am
Quoting sisse
Agree with you Gator. Those were the confirmed "late" sellers (1.262x) but don't forget that the core selling was on the last break out at 1.267x which for sure have already taken profits on that test sub 1.230x last week. However, from a strictly TA point of view that breakout is still holding and it was barely tested on the Monday opening

Also the bottom on the Q/monthly/weekly chart looks virgin to say the least. At least a second test will make things a lot clearer and "convince" that we have formed hard support. Yesterday unconvincing...
after the spike. we went to the mid of the previous leg.. yesterday.. but if you back to last week before the spike. we did that also.. back to the previous mid in either case is not bull negative. its actually a normal bull trait.

i mentioned this last week to hatch. i said i was bearish unless 2624 was broken, it was.. it was also broken with normal bull pa before the break.
those who can, do. those who cant, talk about those who can
  • #96,544
  • Jun 13, 2012 6:31am Jun 13, 2012 6:31am
Quoting kill56
queen

is ptl dusting with u
gleneagles is

where is PTL anyway??? look at all the fun he is missing
  • #96,545
  • Jun 13, 2012 6:43am Jun 13, 2012 6:43am
Quoting gatorinla
after the spike. we went to the mid of the previous leg.. yesterday.. but if you back to last week before the spike. we did that also.. back to the previous mid in either case is not bull negative. its actually a normal bull trait.

i mentioned this last week to hatch. i said i was bearish unless 2624 was broken, it was.. it was also broken with normal bull pa before the break.
Yes I see. My point is not that is bull negative but that this is not bear negative yet either given by the same candles and levels .... The spike was measurable what it wasn't was the Monday candle that is the one that is a bitch in my charts... Let see what reports bring to the table. H4 barely holding 1.253x but we have news before the close of the candle so ....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #96,546
  • Jun 13, 2012 6:44am Jun 13, 2012 6:44am
Quoting gatorinla
looking to squeeze a long in, to target 2582 @ 2508.8/12.9 w tight stop
atm 2527
there is s at 2512/13... but i will probably miss.. but i see a stronger s at 2501/02... so i will look here. with stop tight below 2500.. that dont mean i will get a entry. i don't often.. the other is valid.. i just see a better s..
those who can, do. those who cant, talk about those who can
  • #96,547
  • Jun 13, 2012 6:47am Jun 13, 2012 6:47am
Quoting sisse
Yes I see. My point is not that is bull negative but that this is not bear negative yet either given by the same candles and levels .... The spike was measurable what it wasn't was the Monday candle that is the one that is a bitch in my charts... Let see what reports bring to the table. H4 barely holding 1.253x but we have news before the close of the candle so ....

sisse
i wouldn't short here under 2582 other then a scalp. that's fresh info after the spike.
those who can, do. those who cant, talk about those who can
  • #96,548
  • Jun 13, 2012 7:00am Jun 13, 2012 7:00am
cross that thing, you know you want to.
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  • #96,549
  • Jun 13, 2012 7:00am Jun 13, 2012 7:00am
Quoting gatorinla
i wouldn't short here under 2582 other then a scalp. that's fresh info after the spike.
atm at 2545.. last h was red bear pierced. near 52 is a low risk with a stop just above 52... we just closed green with a lower close.
those who can, do. those who cant, talk about those who can
  • #96,550
  • Jun 13, 2012 7:03am Jun 13, 2012 7:03am
Quoting gatorinla
i wouldn't short here under 2582 other then a scalp. that's fresh info after the spike.
what about 1.261x ...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #96,551
  • Jun 13, 2012 7:07am Jun 13, 2012 7:07am
Quoting sisse
what about 1.261x ...

sisse
we might
  • #96,552
  • Jun 13, 2012 7:08am Jun 13, 2012 7:08am
nothing above
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"Millionaires don't use astrology, billionaires do"
  • #96,553
  • Jun 13, 2012 7:16am Jun 13, 2012 7:16am
Quoting kill56
queen

is ptl dusting with u

we have to buy drinks again.....

i think ptl is milking the goats on the farm

dustbin levels working very well today
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" Never let the past hold the future to ransom "
  • #96,554
  • Jun 13, 2012 7:19am Jun 13, 2012 7:19am
Quoting gatorinla
atm at 2545.. last h was red bear pierced. near 52 is a low risk with a stop just above 52... we just closed green with a lower close.
stops at b..e 2547.5...... break 2425 and we should see 2501.. very st.
those who can, do. those who cant, talk about those who can
  • #96,555
  • Jun 13, 2012 7:23am Jun 13, 2012 7:23am
Quoting sisse
what about 1.261x ...

sisse
2582 is a min... i know you don't scalp. even 2582 might be a scalp.. i cant s it w/o a reason.. since we should go higher.. i want to b.e. a s/l and go to sleep.. its hard to do on a scalp counter trend. i do it sometimes in a direction i think is more long term.. but a short like now.. i try to watch.
those who can, do. those who cant, talk about those who can
  • #96,556
  • Jun 13, 2012 7:24am Jun 13, 2012 7:24am
Quoting Gleneagles
we have to buy drinks again.....

i think ptl is milking the goats on the farm

dustbin levels working very well today
yea they are
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  • #96,557
  • Jun 13, 2012 7:30am Jun 13, 2012 7:30am
Quoting gatorinla
2582 is a min... i know you don't scalp. even 2582 might be a scalp.. i cant s it w/o a reason.. since we should go higher.. i want to b.e. a s/l and go to sleep.. its hard to do on a scalp counter trend. i do it sometimes in a direction i think is more long term.. but a short like now.. i try to watch.
Chart before Reports.

H4 chart update

sisse
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Pending conversations? PM for a chat...I am mainly in OTM now
  • #96,558
  • Jun 13, 2012 7:34am Jun 13, 2012 7:34am
stops to 42..
those who can, do. those who cant, talk about those who can
  • #96,559
  • Jun 13, 2012 7:47am Jun 13, 2012 7:47am
Quoting sisse
what about 1.261x ...

sisse
2613 is the level before 2622.. from before reaching 2624.. its somewhere buried in last weeks and before. it can be seen here, also. #95929
those who can, do. those who cant, talk about those who can
  • #96,560
  • Jun 13, 2012 7:54am Jun 13, 2012 7:54am
i had a pending scalp at 52 s.. s/o for -3. last little spike
those who can, do. those who cant, talk about those who can
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