The Really Useless Thread

pretty interesting day ahead, isn't it?

It's all coming up roses from the G20. At least this time they sound a lot more serious and we may even see some actual practical results via the bond market and shifts in the technicalities of the rescue plans for Spain (given banks direct access instead of through the governments).

US markets acting like in a manic move after the strong TA reversal signal last week and QE expectations. We'll get ext + operation twist from what it seems. Dx obviously breaking down as a result.

Key other markets still cautious and in consolidation ranges ahead of FED and the final moves of EZ debt crisis (part whatever) next week.

Oil in consolidation at key support so tradiing inside chop zone. Gold is in a very powerful TA compression range at key support too flirting with rejection of swing lows in monthly/weekly (which is a big long signal) or a technical move down to next support so 100% TA neutral.

Euro still in the pullback. Plenty of real Resistance if the highs are taken today. 1.281x starts with strong daily R and after the very strong 1.293x/5x quarterly/monthly/weekly combo also marginally open for the Q roll.

Daily and intraday look very tired and it will need FED for an extra push up. Both charts have some ticks left above (1.281x) but a "FED disappointing" looks very juicy for later ....

FED in full control so we'll trade accordingly ... GL all today

sisse

i am hoping so Mr. Hatch

Nice post,
thanks sisse.

Seb

I wasn't that serious. Pretty tight possibilities to the upside atm... and as they don't give up buying the dips, it could become a tight and boring session.
Until FED, at least.

i wasn't either so i think we are on the sme page here

i want 2660.8

68 is yesterdays dustbin level so if it wants to play a range that's my number for a mini. which reminds me PTL you got anything your way?

2678 short eur/usd. i think last swing for this up trend. now we have to see 2615 first then 2450 . my tp 2615

if we can mange a close below last hours low, might join you...for a chance at 1.0132 or 1.0114 perhaps..

Morning PTL...where have you been...Not tracking AUD in detail but most of dollar pairs around the same TA environment...close to fadables R (or S) but prolly not close enough and too early given FED ..AUD 1.023x is the level in my charts ...

London with a very timid opening range ....let see if we get something else this morning soon (until UK reports) otherwise another choppy European session like the last few days and with NY (US equities) in control until FED ....

Euro testing right now mini break out point so let see if this is enough fuel for some ticks...

sisse

PS: Spanish 10 yrs ticking below 7%

on the farm brother...


short a few AUD's now.. against the highs, but it seems like it needs a break of 1.0170 to open an serious possiblilty of an pullback..agree with your level, its last years mid, and I wouldnt mind seeing a test of it to offer a clue about the next leg..

hope your well bro, talk with you later...PTL..

More rate cuts in the UK? ....BOE is really trying hard to win the prize of worse CBs this year...

sisse

G M homos momos

G M bro

dam more easing and cable gos up

berrny will have the last word

slow and booooooring day till the feds

weird market....

get the pipe out or weed the garden

rainy day...

Is LDN open yet ?

l dam is that PK down their u killed him or london