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The Really Useless Thread

  • #96,741
  • Jun 14, 2012 5:39am Jun 14, 2012 5:39am
Quoting fxjawn
gbp/usd just sassed all the ema's on the way up it was just like suck it bitches
if we close above 33 ema200 h4 is the target
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  • #96,742
  • Jun 14, 2012 5:41am Jun 14, 2012 5:41am
rallying on rumor, welcome to markets
Quant Hedge Fund CEO
  • #96,743
  • Jun 14, 2012 5:41am Jun 14, 2012 5:41am
Quoting Mr Hatch
does it matter? we'll retrace any single pip of that move anyway
not so sure only took bout 50 billion off of .82 and never been back

prolly spreading a lil fear as for ppl to liquidat holdings before a big rally im thinking
like another post about greenspans comments, euro being a novel idea trying to spur euro selling who know the psychology behind it really
"Millionaires don't use astrology, billionaires do"
  • #96,744
  • Jun 14, 2012 5:43am Jun 14, 2012 5:43am
Quoting kill56
10 8 5 3 2 1
shouldnŽt be the first number 13 ?
Quant Hedge Fund CEO
  • #96,745
  • Jun 14, 2012 5:46am Jun 14, 2012 5:46am
Quoting FXMastermind
shouldnŽt be the first number 13 ?
let try 13 it might work she is dusting
  • #96,746
  • Jun 14, 2012 5:46am Jun 14, 2012 5:46am
Quoting fxjawn
Quoting kill56
10 8 5 3 2 1
i was beginning to think i was on the wrong thread ... when i first checked in i was the only member viewing

talk about a weird feeling like is the sky falling in or what
  • #96,747
  • Jun 14, 2012 5:50am Jun 14, 2012 5:50am
Quoting AllyB
i was beginning to think i was on the wrong thread ... when i first checked in i was the only member viewing

talk about a weird feeling like is the sky falling in or what
royal drink for the queen sun is out when u came in
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  • #96,748
  • Jun 14, 2012 5:51am Jun 14, 2012 5:51am
Quoting fxjawn
sorry was busy makin bank
wise they add
  • #96,749
  • Jun 14, 2012 5:57am Jun 14, 2012 5:57am
Quoting kill56
monthly dow chart
lets have a butch in two weeks time -
  • #96,750
  • Jun 14, 2012 6:00am Jun 14, 2012 6:00am
Quoting kill56
royal drink for the queen sun is out when u came in
ah, just what i needed thank you kill
  • #96,751
  • Jun 14, 2012 6:06am Jun 14, 2012 6:06am
Quoting fxjawn
nice... going for ADR high here.... deff not gonna cut it short after toughing it out this long lol
milk it dry, mate...

you can play with several FA themes after that bearish morning, bundestag looks like they ratify ESM before summer, that rumor on greek elections, G20 meeting...

...just be aware that 7pm BST there is some top class meeting in London (Osborne and co.) with focus on further easing so if they fart something it might crush sterling in a few moments...just saying. YouŽll be probably of your positions till then though
Quant Hedge Fund CEO
  • #96,752
  • Jun 14, 2012 6:07am Jun 14, 2012 6:07am
banked further 18 from EU fade from 85 level, now going to grab something for lunch, will be back @ cca 1pm BST, before US and CAD data...

Cheers and stay safe, FXM
Quant Hedge Fund CEO
  • #96,753
  • Jun 14, 2012 6:12am Jun 14, 2012 6:12am
Quoting Mr Hatch
this is the smaller target-mofu around 2582, if broken (read: closed above), the next ones are at 2620.7 (mid) and 2656/57.
need to clear up the chart to make it more obvious.
Hatch,

Are you still holding longs?

1.256x holding H4 with NY will open those targets in my book, also open a direct assault on key 1.263x/6x strong resistance to 1.281x from the weekly/daily perspective for the weekend move....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #96,754
  • Jun 14, 2012 6:27am Jun 14, 2012 6:27am
Quoting sisse
Hatch,

Are you still holding longs?

1.256x holding H4 with NY will open those targets in my book, also open a direct assault on key 1.263x/6x strong resistance to 1.281x from the weekly/daily perspective for the weekend move....

sisse
No, I'm flat, waiting.
  • #96,755
  • Jun 14, 2012 6:34am Jun 14, 2012 6:34am
Quoting Mr Hatch
No, I'm flat, waiting.
ok ....Stops from the weekly sellers are naked now after the last push down intraday. A tick above 1.260x will add the fuel for the initial move but they will need a lot more than that to crack the strong R at 1.266x.

we'll see 'cause otherwise we'll be back to chop zone for the rest of the week.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #96,756
  • Jun 14, 2012 6:39am Jun 14, 2012 6:39am
Quoting sisse
ok ....Stops from the weekly sellers are naked now after the last push down intraday. A tick above 1.260x will add the fuel for the initial move but they will need a lot more than that to crack the strong R at 1.266x.

we'll see 'cause otherwise we'll be back to chop zone for the rest of the week.

sisse
I actually don't expect a decisive break to either side this week, attacks, yes, but no breaks.
Let's wait for the Greek to go down in history again.
  • #96,757
  • Jun 14, 2012 6:50am Jun 14, 2012 6:50am
Quoting Mr Hatch
I actually don't expect a decisive break to either side this week, attacks, yes, but no breaks.
Let's wait for the Greek to go down in history again.
Sure that seems to be the common sense option.

However, I wouldn't discard a break before yet especially to the top side. Buy the rumor sell the news is still possible. Any available early positioning for the weekend (if available) is definitively one to at least consider given the levels in play....

Lets see how it plays out but any break up will not be smooth (one big move covering a wide range). A break down is more tradable but with poor r:r if you take it in the break and not in the highs....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #96,758
  • Jun 14, 2012 6:56am Jun 14, 2012 6:56am
futures
contract relocation 08 Friday till last nights
http://www.cmegroup.com/daily_bullet...es_2012111.pdf
http://www.cmegroup.com/daily_bullet...es_2012112.pdf
http://www.cmegroup.com/daily_bullet...es_2012113.pdf
http://www.cmegroup.com/daily_bullet...es_2012114.pdf

seems pretty hefty inflows into sept vrs outflows from current
"Millionaires don't use astrology, billionaires do"
  • #96,759
  • Jun 14, 2012 7:00am Jun 14, 2012 7:00am
Quoting sisse
Sure that seems to be the common sense option.

However, I wouldn't discard a break before yet especially to the top side. Buy the rumor sell the news is still possible. Any available early positioning for the weekend (if available) is definitively one to at least consider given the levels in play....

Lets see how it plays out but any break up will not be smooth (one big move covering a wide range). A break down is more tradable but with poor r:r if you take it in the break and not in the highs....

sisse
I'm completely with you on that. Now, it's about the entry. Under usual circumstances, I'd go long now at 5553.5, but the bastards can easily wipe me out. Where should I put my stop? 2510ish? A move towards 2482 is not out of the norm either. If they move now, I'm left out... at 2482 I'll reconsider.
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  • #96,760
  • Jun 14, 2012 7:01am Jun 14, 2012 7:01am
lets see if NY will do any shitt
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