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The Really Useless Thread

  • #105,161
  • Jul 31, 2012 1:16am Jul 31, 2012 1:16am
Quoting gatorinla
i went the other way for a little while 1665.
Did that bastard get a kiss at 1699-ish(93) a week ago, or so?
  • #105,162
  • Jul 31, 2012 1:17am Jul 31, 2012 1:17am
Quoting Chillypiper
Wish you all good trading! I took another short au....Cheers and GL!

I'm Out!
Nice nose for gravity!

  • #105,163
  • Jul 31, 2012 1:26am Jul 31, 2012 1:26am
Quoting C5fx
I'm pretty sure hosting the Olympics is always a money loser for whoever hosts it, isn't it?
Has to be, but...

Infrastructure usually gets heavily upgraded (hello Cambie line! Must love airport rail!)...hello jobs! Little guy with businesses on the street (Granville, Yale Town) wins, throughout, too. Sure...taxes will be collected for it, but I think its a morale booster, that when all is said and done...most would be happy enough to kick a little in for.

Infrastructural gains last for years, though. Any "real" city has rail service to/from their international airport(s). Vancouver jumped the queue on a lot of them recently...Toronto included!
  • #105,164
  • Jul 31, 2012 1:27am Jul 31, 2012 1:27am
Quoting kenfen69
Nice nose for gravity!

Yeeup. Got stopped out on two a/u longs at BE+1, closed the others in profit before I get analed on it.
  • #105,165
  • Jul 31, 2012 1:28am Jul 31, 2012 1:28am
Looks like another slow night approaching. Still holding EA shorts and banking pips + swap. Seems like the market is waiting for Thursday, but hopefully we'll see a little volatility leading up to it.
check out my blog: forexmademillionaire dot com
  • #105,166
  • Jul 31, 2012 1:30am Jul 31, 2012 1:30am
Peacing out, folks.

Trip is sorted....my bets are placed here. Mobile trading till after NYC tmr.

Play safe.
  • #105,167
  • Jul 31, 2012 1:32am Jul 31, 2012 1:32am
Quoting kenfen69
Peacing out, folks.

Trip is sorted....my bets are placed here. Mobile trading till after NYC tmr.

Play safe.
Have a good one, Ken.
check out my blog: forexmademillionaire dot com
  • #105,168
  • Jul 31, 2012 2:59am Jul 31, 2012 2:59am
2265 short scalp. tp 2230
looking for investors . pm me
  • #105,169
  • Jul 31, 2012 3:08am Jul 31, 2012 3:08am
2250 long . tp 2276.

also holding short
looking for investors . pm me
  • #105,170
  • Jul 31, 2012 3:26am Jul 31, 2012 3:26am
Quoting kbmoonshinex
2250 long . tp 2276.

also holding short
long tp hit. +25
looking for investors . pm me
  • #105,171
  • Jul 31, 2012 3:33am Jul 31, 2012 3:33am
2266 add short. 2257 tp
looking for investors . pm me
  • #105,172
  • Jul 31, 2012 3:40am Jul 31, 2012 3:40am
Quoting kbmoonshinex
2250 long . tp 2276.

also holding short
weldone!
Patience, Emotion Control and Discipline.
  • #105,173
  • Jul 31, 2012 3:48am Jul 31, 2012 3:48am
Quoting kbmoonshinex
2266 add short. 2257 tp
tp hit +9 hit
looking for investors . pm me
  • #105,174
  • Jul 31, 2012 3:48am Jul 31, 2012 3:48am
Quoting johncen
weldone!
hello bro. how are you doing ?
looking for investors . pm me
  • #105,175
  • Jul 31, 2012 3:49am Jul 31, 2012 3:49am
Quoting kbmoonshinex
2265 short scalp. tp 2230
this one holding.
looking for investors . pm me
  • #105,176
  • Jul 31, 2012 3:53am Jul 31, 2012 3:53am
Quoting kbmoonshinex
hello bro. how are you doing ?
：）~ hi closed some @ 54
now still holding short from 70
Patience, Emotion Control and Discipline.
  • #105,177
  • Edited 4:52am Jul 31, 2012 4:41am | Edited 4:52am
Last day for any pre positioning and monthly/weekly roll. Massive week with monthly roll/FED/ECB/NFP combo in light market.

European stocks sitting inside of key R (@Ken check that key 562x in FTSE for the rejection) with a double test and US already on a daily break outguessing FED more free money.

Euro in the same monthly/weekly chop zone all month with the 1.223x key Q support in play for the roll and before news.

Gold at the top of a 3 month range waiting for a real trigger to break out. Oil starting to cough at the typical 93.xx and daily looks set for a breather to 88.2x weekly looks very healthy for an easy ride to the 100s once we take the highs (93.xx).

Relative "easier" FA triggers in play this week:

 

  1. More free money signal from FED and stocks to the moon (like usual with free money) on the knee jerk reaction (S&P 142x for reference) and Euro in one go to 1.245x and 1.262x closing 1.168x (meaning mid term bottom in the making) if ECB doesnt cut rates. Very tradable breakout on gold.

  1. Any ECB action on the bonds or debt crisis will no doubt trigger a proportional move positive in the euro that if combined with FED QE and light markets can make a very sharp moves outside of normal weekly ranges.

  1. A disappointing FED will open a major summer correction in equities. ES 129x and FTSE 5000 and will leave ECB in control for the euro move.

  1. A disappointing ECB and/or further rate cuts without FED will easily open the continuation with lots of momentum to the easy 1.198x and beyond (the key yearly 1.183x and the overshoot 1.168x)

  1. NFP time catalyst for the major moves and confirmation for stock markets (whatever the side) ...too early to see levels there with FED and ECB before so let see later....


GL all this week/ M roll and last month of the summer.

sisse

Pending conversations? PM for a chat...I am mainly in OTM now
  • #105,178
  • Jul 31, 2012 5:04am Jul 31, 2012 5:04am
Quoting sisse
Last day for any pre positioning and monthly/weekly roll. Massive week with monthly roll/FED/ECB/NFP combo in light market.

European stocks sitting inside of key R (@Ken check that key 562x in FTSE for the rejection) with a double test and US already on a daily break outguessing FED more free money.

Euro in the same monthly/weekly chop zone all month with the 1.223x key Q support in play for the roll and before news.

Gold at the top of a 3 month range waiting for a real trigger to break out. Oil starting to cough at the typical 93.xx...
good article bro
looking for investors . pm me
  • #105,179
  • Jul 31, 2012 5:07am Jul 31, 2012 5:07am
2299 short. tp 2268
looking for investors . pm me
  • #105,180
  • Jul 31, 2012 5:33am Jul 31, 2012 5:33am
Quoting kenfen69
Did that bastard get a kiss at 1699-ish(93) a week ago, or so?
it wants to go lower.. it may need some fresh sellers..
those who can, do. those who cant, talk about those who can
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