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The Really Useless Thread

  • #105,301
  • Aug 1, 2012 4:55am Aug 1, 2012 4:55am
Quoting kbmoonshinex
2310 short scalp for few pips
closed +15
looking for investors . pm me
  • #105,302
  • Aug 1, 2012 6:43am Aug 1, 2012 6:43am
Most markets ready in starting lines. FTSE, CAC40, DAX and to lesser extend ES in excellent TA areas for trading. ADP/ NY combo will start the fireworks for FED,ECB,NFP mega summer combo.

TA wise, equities "lost grip" in the monthly rolls for more FED QE so a major correction in play with the FED/NFP trigger. Euro also made a fresh break of monthly S opening down and up move (NO QE and ECB saving the day on the tick sub 1.20xx [1.196x wide open after the roll]).

Gold a bit more cautious like always but top of the range 163x starting to form a rejection for a new test of the bottom 156x and beyond with no QE support....

All TA cards on the table so just need the real triggers .... GL all ...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #105,303
  • Aug 1, 2012 7:06am Aug 1, 2012 7:06am
we never got 2350.. small pa is wanting 2287..that could bring 2242.. it don't matter... later in the future 2268/69 and 2302/03 will be a s/r..
nothing matters till news release.
those who can, do. those who cant, talk about those who can
  • #105,304
  • Aug 1, 2012 7:43am Aug 1, 2012 7:43am
Quoting gatorinla
we never got 2350.. small pa is wanting 2287..that could bring 2242.. it don't matter... later in the future 2268/69 and 2302/03 will be a s/r..
nothing matters till news release.
after a target is reached like 2287.. we usually bounce some in proportion. there should be support in the 2268/70 area. 2350 has not been reached and is still valid. if we were going to 2242, a bounce to 2312 is normal... only one can be right in this case. either 2350 or 2242 both min... getting below 2269 will spoil 2350 target. as said its a s/r.. maybe a big one this month..
those who can, do. those who cant, talk about those who can
  • #105,305
  • Aug 1, 2012 7:50am Aug 1, 2012 7:50am
could be some ping pong 2259 ish to 2303 ish
those who can, do. those who cant, talk about those who can
  • #105,306
  • Edited 8:02am Aug 1, 2012 7:51am | Edited 8:02am
EURUSD, M15, 2012 August 01
EURUSD, M1, 2012 August 01
Ger30Sep12, M15, 2012 August 01
In the meantime I try to scalp some overlapping EU M15 candles at M1, +0.85%
..and will take a look at the german DAX here and there.
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  • #105,307
  • Aug 1, 2012 8:05am Aug 1, 2012 8:05am
...and trade some H1 overlapping bars.
...seems simple & enough efficient for me in the last days.
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  • #105,308
  • Aug 1, 2012 8:08am Aug 1, 2012 8:08am
EU H4 indifferent, ...waiting for an outbreak.
...may be that the market price will hanging around further on.
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  • #105,309
  • Aug 1, 2012 8:15am Aug 1, 2012 8:15am
1.2333 or 2350 in sight
looking for investors . pm me
  • #105,310
  • Aug 1, 2012 8:22am Aug 1, 2012 8:22am
Quoting kbmoonshinex
1.2333 or 2350 in sight
i will be s at 2335.. risking 3... 2318.8 is a mid for 2350.x
those who can, do. those who cant, talk about those who can
  • #105,311
  • Aug 1, 2012 8:25am Aug 1, 2012 8:25am
Quoting gatorinla
i will be s at 2335.. risking 3... 2318.8 is a mid for 2350.x
what target ? thanks. nice Entry could be, 2333 is a big resistance, 23379 is a monthly pivot
looking for investors . pm me
  • #105,312
  • Aug 1, 2012 8:28am Aug 1, 2012 8:28am
Quoting gatorinla
after a target is reached like 2287.. we usually bounce some in proportion. there should be support in the 2268/70 area. 2350 has not been reached and is still valid. if we were going to 2242, a bounce to 2312 is normal... only one can be right in this case. either 2350 or 2242 both min... getting below 2269 will spoil 2350 target. as said its a s/r.. maybe a big one this month..
Well I was referring to the swing play.

On daily and below I got 1.236x wide open as H4 R on the wide daily R range (1,230x / 1.239x). There is no momentum down with the now boring, noisy and dangerous 1.228x holding.... that have been tested a dozen times up and down in the last few weeks.

Agree that the exact highs of the day/week are not in place yet, especially 'cause common sense.... without FED or ECB or NFP that's just noise intraday on the highs.

I am looking for the major swing(s) for this week. An exhaustion move to the lows 1.196x and pullback to complete the Q and M untested levels for the topside the rest of the summer will be the textbook plays TA wise but they are irrelevant until the key and strong FA data this week....

FED no QE (or with more QE) marking the highs (or break) on equities will be enough for the euro (via dollar) to start the move. Meanwhile chop zone in M/W/D and H4 charts.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #105,313
  • Edited 8:45am Aug 1, 2012 8:33am | Edited 8:45am
Quoting kbmoonshinex
what target gonna be ? thanks. nice Entry could be, 2333 is a big resistance, 23379 is a monthly pivot
it also voids 2242.. 2242 is below 2303 and 2259.. so above 2335 is a place bulls need..and bears need to keep below. bulls cant get 2350 w/o it.. and 2242 is below big supports. making big resistance if under
those who can, do. those who cant, talk about those who can
  • #105,314
  • Aug 1, 2012 8:37am Aug 1, 2012 8:37am
5 min looks like H&S building one more leg up. possible.
looking for investors . pm me
  • #105,315
  • Aug 1, 2012 8:38am Aug 1, 2012 8:38am
Quoting sisse
Well I was referring to the swing play.

On daily and below I got 1.236x wide open as H4 R on the wide daily R range (1,230x / 1.239x). There is no momentum down with the now boring, noisy and dangerous 1.228x holding.... that have been tested a dozen times up and down in the last few weeks.

Agree that the exact highs of the day/week are not in place yet, especially 'cause common sense.... without FED or ECB or NFP that's just noise intraday on the highs.

I am looking for the major swing(s) for this week. An exhaustion move to the lows 1.196x...
i wasn't commenting. at that point i never read any post since my last.. looking for another level.. i will post.
those who can, do. those who cant, talk about those who can
  • #105,316
  • Aug 1, 2012 8:38am Aug 1, 2012 8:38am
Quoting gatorinla
it also voids 2242.. 2242 is below 2303 and 2259.. so above 2335 is a place bulls need..and bears need to keep below. bulls can get 2350 w/o it.. and 2242 is below big supports. making big resistance if under
thanks.. like everything on a plate
looking for investors . pm me
  • #105,317
  • Aug 1, 2012 8:39am Aug 1, 2012 8:39am
Quoting kbmoonshinex
Short Aussie 0532. stop loss 0561. tp 0420 lets see
maybe today maybe tomorrow could be nice moves
looking for investors . pm me
  • #105,318
  • Aug 1, 2012 8:44am Aug 1, 2012 8:44am
2276.6
those who can, do. those who cant, talk about those who can
  • #105,319
  • Aug 1, 2012 8:53am Aug 1, 2012 8:53am
Quoting kbmoonshinex
maybe today maybe tomorrow could be nice moves
2269/70 work the other way.. it cant get to 2242 w/o them.. it voids 2350
those who can, do. those who cant, talk about those who can
  • #105,320
  • Aug 1, 2012 8:57am Aug 1, 2012 8:57am
Quoting gatorinla
2269/70 work the other way.. it cant get to 2242 w/o them
Can we say what is cause and what is the consequence?

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