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The Really Useless Thread

  • #97,561
  • Jun 20, 2012 3:13pm Jun 20, 2012 3:13pm
Price is right where it was before FED and Bernie

Just shave of the spikes north and south.

No resolution or clear direction after everything said and done?

Thank heavens I am dumb , I only need to find sup/res levels tomorrow and try to get lucky for 12 pips at a time , hopefully more than once
" Never let the past hold the future to ransom "
  • #97,562
  • Jun 20, 2012 3:22pm Jun 20, 2012 3:22pm
Quoting sisse
Key FOMC day and no one single poster around ...whats going on guys ..I think this thread is fading rather quickly ...

In any case, FOMC in a TA glance of key short term levels in play for today and monthly/Q rolls.

1. Euro 1.266x. Hold or Kill all bulls in a domino to 1.252x and below
...
5. Cable Don't touch that. Is caught in powerful contradictory forces pushing to all sides.
...
odd and confused situation indeed, can understand the spikes either side but not the 50 pip recovery from 26508 in the last hour.

Rompuys blueprint comes to mind, but the hint that Euro Bills will be discussed in an EU meeting in Brussels next week is hardly enough to keep the euro up, so what is it?
  • #97,563
  • Jun 20, 2012 3:25pm Jun 20, 2012 3:25pm
Quoting Gleneagles
Price is right where it was before FED and Bernie

Just shave of the spikes north and south.

No resolution or clear direction after everything said and done?

Thank heavens I am dumb , I only need to find sup/res levels tomorrow and try to get lucky for 12 pips at a time , hopefully more than once
hope u had lube when shaving

take this and go to bed
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  • #97,564
  • Edited 3:52pm Jun 20, 2012 3:34pm | Edited 3:52pm
Quoting kill56
hope u had lube when shaving

take this and go to bed
Excellent idea

Frustrating day in the end , was hoping for more clarity and direction.

Tomorrow is a new day


Cheers
Attached Image
" Never let the past hold the future to ransom "
  • #97,565
  • Jun 20, 2012 3:35pm Jun 20, 2012 3:35pm
Quoting kill56
any body still alive in this joint

WTF chart
me too... wtf chart.
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  • #97,566
  • Jun 20, 2012 3:50pm Jun 20, 2012 3:50pm
Quoting chazzle
looking at similar with smaller target ( chart with p/o )
bit of luck comes in handy
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  • #97,567
  • Jun 20, 2012 4:14pm Jun 20, 2012 4:14pm
Quoting 2046
odd and confused situation indeed, can understand the spikes either side but not the 50 pip recovery from 26508 in the last hour.

Rompuys blueprint comes to mind, but the hint that Euro Bills will be discussed in an EU meeting in Brussels next week is hardly enough to keep the euro up, so what is it?
TA is my only explanation. Nice roll for those holding longs. 1.281x wide open for for this week...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #97,568
  • Jun 20, 2012 5:41pm Jun 20, 2012 5:41pm
stop loss 0230. i think here is nice place to short. i short here
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looking for investors . pm me
  • #97,569
  • Jun 20, 2012 5:43pm Jun 20, 2012 5:43pm
My TA take is she was unable to make a new H, nor reach FE from 3rd wave on channle at the shakeout.. MM and Stoch say OB...GL!
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  • #97,570
  • Jun 20, 2012 5:45pm Jun 20, 2012 5:45pm
Quoting kbmoonshinex
stop loss 0230. i think here is nice place to short. i short here
See the same and back in after s/o at even lastnigh..Better price with same plan..GL!

PS.. 15m pendent is tighting for our clue..
  • #97,571
  • Jun 20, 2012 6:03pm Jun 20, 2012 6:03pm
Quoting Chillypiper
My TA take is she was unable to make a new H, nor reach FE from 3rd wave on channle at the shakeout.. MM and Stoch say OB...GL!
i am short 2705. my tp 2530. same view bro
looking for investors . pm me
  • #97,572
  • Jun 20, 2012 6:26pm Jun 20, 2012 6:26pm
Here's a great lil script for closing open trades, if you have blocks of orders executed or pending and you want them closed or killed just drag this script to the trade levels. Or you can block an area 1 pip to whatever pip range it will close them all within that range providing you set the server pops large enough to accommodate the volume of orders present. works great just drag to chart orders and they close
Attached File(s)
File Type: mq4 Pipsing_CLOSE_on_DROP.mq4   6 KB | 316 downloads
"Millionaires don't use astrology, billionaires do"
  • #97,573
  • Jun 20, 2012 6:39pm Jun 20, 2012 6:39pm
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  • #97,574
  • Jun 20, 2012 6:56pm Jun 20, 2012 6:56pm
was wondering if someones got a script that when applied to chart executes orders non stop until maximum coded entries complete ? Not concerned with stoploss or target being entered anyone got something like that?
"Millionaires don't use astrology, billionaires do"
  • #97,575
  • Jun 20, 2012 7:06pm Jun 20, 2012 7:06pm
Quoting Chillypiper
My TA take is she was unable to make a new H, nor reach FE from 3rd wave on channle at the shakeout.. MM and Stoch say OB...GL!
Thanks for the chart chilly. Didn't notice 4 hr stoch is crossed down. That will change my game plan.
  • #97,576
  • Edited 8:19pm Jun 20, 2012 8:07pm | Edited 8:19pm
It was interesting to listen to the press conference. Almost every question was something like: When are you going to print? Please mister dealer, give us more crack so we can go gamble at the casino. Think about it, we can get the sheep 401K fat just in time for election..

Seriously now, I think the take away was the FED is not going to buy any European debt, and the shitty outlook of the economy for years to come. We'll see..
  • #97,577
  • Jun 20, 2012 8:56pm Jun 20, 2012 8:56pm
Quoting attila
It was interesting to listen to the press conference. Almost every question was something like: When are you going to print? Please mister dealer, give us more crack so we can go gamble at the casino. Think about it, we can get the sheep 401K fat just in time for election..

Seriously now, I think the take away was the FED is not going to buy any European debt, and the shitty outlook of the economy for years to come. We'll see..
Yep thats what i got from it to, get your house in order there is strong incentives for you to do so, so while they devalue the euro as they horde cheap buying, we play the other way buy $. Strong dollar policy auction ended some time ago and now they have 30 + years to unleash for sale, i wonder where the offer really starts coming in on that auction 101 105 110 DX
"Millionaires don't use astrology, billionaires do"
  • #97,578
  • Jun 20, 2012 9:05pm Jun 20, 2012 9:05pm


 

  1. 4:48 PM The "real issue" in Europe, says Goldman COO Gary Cohn is not fixing the banks or adding capital to the system, but how to get weaker economies back growing without the tool of devaluation. It's a political issue, he says, and it may take a "Lehman" moment to get the politicians in gear. 2 Comments

  2. 3:59 PM Still a major political force in Italy, Silvio Berlusconi tells the WSJ his party is making a mistake propping up the government of technocrat PM Mario Monti. "The policies of Merkel ... will end up in a worsening recessionary spiral." Italy would regain "many advantages" should it be forced from the eurozone, he says. Comment!

  3. 3:53 PM ECB member Beniot Coeure tells the FT the eurozone's bailout funds should buy the sovereign debt of troubled EU states - the first time a top central bank policymaker has publicly backed such a policy. "It's a mystery why the EFSF was allowed almost a year ago to undertake (such actions) and governments have not yet chosen to use that possibility."

  • #97,579
  • Jun 20, 2012 11:15pm Jun 20, 2012 11:15pm
shorted some aussie at 0200. shits lookin juicy.... no real bounce on consolidation... just need to clear these spikes from today
  • #97,580
  • Jun 20, 2012 11:32pm Jun 20, 2012 11:32pm
looking to long 2560 and short 2766/67
those who can, do. those who cant, talk about those who can
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