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The Really Useless Thread

  • #96,801
  • Jun 14, 2012 9:01am Jun 14, 2012 9:01am
Quoting sisse
There is no momentum with highs holding. As expected there is a lot of talking in the wires "preventing" moves before the outcome this weekend. No more FED QE next week is the latest according to a report and right before was a confirmed report that BOE will start the printing machine again...that put a hard stop in gold.

Let see if that is enough to put as in chop zone for the rest of the day across the board. Giving a few more minutes as those reports are a mixed bag and the timing for publishing looks a bit lame.

sisse
true words...I am staying sidelined now, gonna watch how this latest move plays out...Shorts attractive @2650 level with nice RR
Quant Hedge Fund CEO
  • #96,802
  • Jun 14, 2012 9:02am Jun 14, 2012 9:02am
Quoting Mr Hatch
2589, not much room to look back

with respect bro u are u had the entry but
  • #96,803
  • Jun 14, 2012 9:03am Jun 14, 2012 9:03am
Quoting kill56
it did visit 1609
yup... and Down we go...
  • #96,804
  • Jun 14, 2012 9:03am Jun 14, 2012 9:03am
Quoting sisse
There is no momentum with highs holding. As expected there is a lot of talking in the wires "preventing" moves before the outcome this weekend. No more FED QE next week is the latest according to a report and right before was a confirmed report that BOE will start the printing machine again...that put a hard stop in gold.

Let see if that is enough to put as in chop zone for the rest of the day across the board. Giving a few more minutes as those reports are a mixed bag and the timing for publishing looks a bit lame.

sisse
love u posts bro
  • #96,805
  • Jun 14, 2012 9:06am Jun 14, 2012 9:06am
Quoting kill56
with respect bro u are u had the entry but
be grateful, honey. we are here, because I didn't enter
  • #96,806
  • Jun 14, 2012 9:09am Jun 14, 2012 9:09am
Quoting Mr Hatch
be grateful, honey. we are here, because I didn't enter
bro i am thank god ,west still for salvation till we have the bad news from greece
  • #96,807
  • Jun 14, 2012 9:15am Jun 14, 2012 9:15am
.2604 was a good place for a quick scalp, but I didnīt take it.

Firmly sidelined, not really sure if I want to take any other trade today. Considering playing fundy themes later on @7pm BST in cable, there should be some movement based on if either King or Osborne fart in the right direction (with all respect to those gentlemen )
Quant Hedge Fund CEO
  • #96,808
  • Jun 14, 2012 9:17am Jun 14, 2012 9:17am
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  • #96,809
  • Jun 14, 2012 9:19am Jun 14, 2012 9:19am
Quoting kill56
n1
Quant Hedge Fund CEO
  • #96,810
  • Jun 14, 2012 9:24am Jun 14, 2012 9:24am
if we now go to 2616.5 min.. that's fine.
since we completed 258x... i would not be surprised to go back to 2474 in the least. i know i target 2616.5... and this seems impossible to do.. but look at the chart. we stopped in the middle.. and the next high candle at 2607.6 .. take that high candle and the low one we just made at 2541.. 2607-2541= 66
2541-66 = 2475..
keep this in mind..
more times then not we go back..
i am not saying s.. but if you see a sign, keep this in the back of your mind.. if we get to 2540 close below 43... then 2474 has a great chance. it already has a chance.
those who can, do. those who cant, talk about those who can
  • #96,811
  • Jun 14, 2012 9:26am Jun 14, 2012 9:26am
Quoting gatorinla
if we now go to 2616.5 min.. that's fine.
since we completed 258x... i would not be surprised to go back to 2474 in the least. i know i target 2616.5... and this seems impossible to do.. but look at the chart. we stopped in the middle.. and the next high candle at 2607.6 .. take that high candle and the low one we just made at 2541.. 2607-2541= 66
2541-66 = 2475..
keep this in mind..
more times then not we go back..
i am not saying s.. but if you see a sign, keep this in the back of your mind.. if we get to 2540 close below 43... then 2474 has...
same chart.. as days ago
a very norm move.. it don't have to do this. it just does pretty often
Attached Image
those who can, do. those who cant, talk about those who can
  • #96,812
  • Jun 14, 2012 9:32am Jun 14, 2012 9:32am
Quoting gatorinla
same chart.. as days ago
a very norm move.. it don't have to do this. it just does pretty often

i agree with u we need to visit 12400 but not befor we visit 2640-60 , in the main time a break and close above 2660's will open the way for 2800 even 3000
  • #96,813
  • Jun 14, 2012 9:34am Jun 14, 2012 9:34am
Quoting gatorinla
if we now go to 2616.5 min.. that's fine.
since we completed 258x... i would not be surprised to go back to 2474 in the least. i know i target 2616.5... and this seems impossible to do.. but look at the chart. we stopped in the middle.. and the next high candle at 2607.6 .. take that high candle and the low one we just made at 2541.. 2607-2541= 66
2541-66 = 2475..
keep this in mind..
more times then not we go back..
i am not saying s.. but if you see a sign, keep this in the back of your mind.. if we get to 2540 close below 43... then 2474 has...
if it goes to 2616.5 now.. the level beyond targeted is 2816.5... rare to get one exactly 200 pips higher. that mid would be 100 pips higher at 2716.5.
but before that i would be looking to long the 2616.5 retrace, if it happened in the 2481 area.
those who can, do. those who cant, talk about those who can
  • #96,814
  • Jun 14, 2012 9:44am Jun 14, 2012 9:44am
Quoting kill56
i agree with u we need to visit 12400 but not befor we visit 2640-60 , in the main time a break and close above 2660's will open the way for 2800 even 3000
i don't have an opinion one way or the other. trying to be neutral. and just trade whats given. if it not there its not there. i cant long at 2600 with a 2616 min target.. the r/r sucks. even if in already, in the green.. e-close is in 45m..
those who can, do. those who cant, talk about those who can
  • #96,815
  • Jun 14, 2012 9:45am Jun 14, 2012 9:45am
Lube for sale. Anyone?
  • #96,816
  • Jun 14, 2012 9:48am Jun 14, 2012 9:48am
Quoting FXMastermind
Donīt be surprised if we go down now, rumors hitting wires of some thinktank report spelling no QE next week...

Really russian rulette market today...
even w/o talk.. going down is the norm.. the mid is supporting it still. all it would take is 2540.. and we got both kens nutz on 2475
those who can, do. those who cant, talk about those who can
  • #96,817
  • Jun 14, 2012 9:56am Jun 14, 2012 9:56am
Quoting pkimnyc
Lube for sale. Anyone?
only this one..

http://www.scenariosuperstore.com/th...axx=300&maxy=0
  • #96,818
  • Jun 14, 2012 9:57am Jun 14, 2012 9:57am
Quoting Piters
only this one..

http://www.scenariosuperstore.com/th...axx=300&maxy=0
You're a gold whore bro...
  • #96,819
  • Jun 14, 2012 10:04am Jun 14, 2012 10:04am
atr =128.. high to low today 62 pips/
128-62=66
today's low 2541 -66=2475
small world.
yesterday close 2599+66= 2665 above 2662 the mofu bulls need to close above. (they need to start below 2578)
high 2607+66=2673
those who can, do. those who cant, talk about those who can
  • #96,820
  • Jun 14, 2012 10:08am Jun 14, 2012 10:08am
Quoting Piters
only this one..

get me t boxes
http://www.forexfactory.com/images/editor/menupop.gif
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