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The Really Useless Thread

  • #106,641
  • Aug 8, 2012 7:35pm Aug 8, 2012 7:35pm
Quoting Rolland
I'm looking to fade a rally into 1.0575. She's into daily supply and US equities have supply immediately overhead. Looking for a swing trade though.
AU
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  • #106,642
  • Aug 8, 2012 7:41pm Aug 8, 2012 7:41pm
Quoting kill56
talking to my bott so shutt the fok up

es over 1400 why ?? earning is fucked up , dow too , still no real money in equities , election year so faken what ,


fiber still up on (hopes) that dragishitt will buy dead bonds (wiping papers)
but the bitch did not say yes ( merkozy)

kill sutt the fak up u are high
I love it!
  • #106,643
  • Aug 8, 2012 8:04pm Aug 8, 2012 8:04pm
Quoting USD-Bear
taking it's time, still on it's way to 9750 imo

USDOLLAR D1:
Attachment
copied your chart.. whats A=? B=? and C=?
just the precise location of those levels if you don't mind. those highs and lows
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those who can, do. those who cant, talk about those who can
  • #106,644
  • Aug 8, 2012 8:56pm Aug 8, 2012 8:56pm
Quoting Rolland
AU
Same to you, Aussie
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  • #106,645
  • Aug 8, 2012 9:58pm Aug 8, 2012 9:58pm
s 2386
those who can, do. those who cant, talk about those who can
  • #106,646
  • Aug 8, 2012 10:02pm Aug 8, 2012 10:02pm
no way to know for sure.. i wanted to wait for 2393/2406.. those 2 dojis and the red that followed on this brokers day chart made me take the s.. i had a scalp signal also.. that tall green candle to the left is in bullish b/o territory (higher close).. a short is not a sure thing. those dojis closed even higher. the red after engulfed them.. today's low is at a past support. 2386 is the tall candle close. 2312 and 2609 are still valid targets also 2242
Attached Image
those who can, do. those who cant, talk about those who can
  • #106,647
  • Aug 9, 2012 12:13am Aug 9, 2012 12:13am
Quoting chazzle
shorted Aussie at 570 risk 585 looking for 530
stopped
  • #106,648
  • Aug 9, 2012 2:21am Aug 9, 2012 2:21am
Quoting gatorinla
copied your chart.. whats A=? B=? and C=?
just the precise location of those levels if you don't mind. those highs and lows
morning gator,

they are:
9672
10097
and 10323
Don't be a hero. Don't have an ego. Always question yourself
  • #106,649
  • Aug 9, 2012 3:04am Aug 9, 2012 3:04am
European stocks start finding foot on the highs again with the ECB putting further rate cuts on the table and intervention on the bond markets to reduce risk (so double play there)...gold therefore on its way to test off the highs of range.

In the euro the key 1.228x is now only marginally open as long as we are trading below 1.237x. Bulls in Daily and H4 looks ready for a final assault on 1.243x a break will trigger a decent move up to 1.26xx area so actively working on the H4 chart...

In other related news for those interested in shorting the EZ problems in a better playing field (and without the ECB) from the WSJ "Bet on Platinum's Fall Is Anti-Euro Wager"

Anybody trading GPL?

GL all

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #106,650
  • Aug 9, 2012 3:38am Aug 9, 2012 3:38am
For me st PA today include:
Last leg down from 2441 to 2326 with mid 2384. Extension to 2268 and a second extension until 2211.
Last leg up from 2326 to 2377 with mid 2355. Extension to 2403 and a second extension until 2428.
Break below the 2344 set target 2268?

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"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #106,651
  • Aug 9, 2012 3:39am Aug 9, 2012 3:39am
Quoting sisse
European stocks start finding foot on the highs again with the ECB putting further rate cuts on the table and intervention on the bond markets to reduce risk (so double play there)...gold therefore on its way to test off the highs of range.

In the euro the key 1.228x is now only marginally open as long as we are trading below 1.237x. Bulls in Daily and H4 looks ready for a final assault on 1.243x a break will trigger a decent move up to 1.26xx area so actively working on the H4 chart...

In other related news for those interested in shorting the...
morning sisse,
not directly but I own it through commodity trackers for the last 3.5 years and prob. for the coming 10 years.
I'm a commodity bull (one of the few things with real value) especially agricultural ones.
Don't be a hero. Don't have an ego. Always question yourself
  • #106,652
  • Aug 9, 2012 4:00am Aug 9, 2012 4:00am
Quoting USD-Bear
morning sisse,
not directly but I own it through commodity trackers for the last 3.5 years and prob. for the coming 10 years.
I'm a commodity bull (one of the few things with real value) especially agricultural ones.
Excellent, I was checking some charts on futures, they look nice but liquidity a bit thin for my taste. May I ask what ETF are you trading or tracking.

I am "addicted" to leverage which is a bitch (I am talking normal leverage not those ridiculous 500:1 ratios with $1000 account you see in FX).

Every time I trade stocks for a "shorter" term (daily swings) I start "yawning" and get "bored" and annoyed rather quickly....so I am actively trying to shift to calmer trading markets via building a couple of portfolios and commodities trackers on some of them will be very interesting ...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #106,653
  • Aug 9, 2012 4:10am Aug 9, 2012 4:10am
Quoting USD-Bear
morning gator,

they are:
9672
10097
and 10323
i plotted it using the cad... don't worry about these candles.. place those levels on yours and see if they interact. i dont think the usd reached where it wanted to go indicated on your chart.
btw i would watch the usd/cad candles.. it could be ready to flip also ..it could happen right now.. 9925/40 area. atm at 9934
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those who can, do. those who cant, talk about those who can
  • #106,654
  • Aug 9, 2012 4:18am Aug 9, 2012 4:18am
Quoting sisse
Excellent, I was checking some charts on futures, they look nice but liquidity a bit thin for my taste. May I ask what ETF are you trading or tracking.

I am "addicted" to leverage which is a bitch (I am talking normal leverage not those ridiculous 500:1 ratios with $1000 account you see in FX).

Every time I trade stocks for a "shorter" term (daily swings) I start "yawning" and get "bored" and annoyed rather quickly....so I am actively trying to shift to calmer trading markets via building a couple of portfolios and commodities trackers...
I've got 2 both weighted equal:
-Market Access Jim Rogers Int.Comm.Index Fund ISIN LU0249326488
-Market Access Agricultural Fund ISIN LU0269321452

returns in the last 3.5 years respectively 53 and 43%, no trading just holding positions until long term view alters.
Hear you getting bored, investing 70% of assets into it makes it quiet exciting though
Don't be a hero. Don't have an ego. Always question yourself
  • #106,655
  • Aug 9, 2012 4:20am Aug 9, 2012 4:20am
Quoting USD-Bear
I've got 2 both weighted equal:
-Market Access Jim Rogers Int.Comm.Index Fund ISIN LU0249326488
-Market Access Agricultural Fund ISIN LU0269321452

returns in the last 3.5 years respectively 53 and 43%, no trading just holding positions until long term view alters.
Hear you getting bored, investing 70% of assets into it makes it quiet exciting though
Thanks mate.... I will have a look in detail ....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #106,656
  • Edited 4:53am Aug 9, 2012 4:31am | Edited 4:53am
oil indicated it wanted 94.72.. it atm has 94.69 high this week.. it may want those 3 pennies still.. but if today it closes red... it will probably give up for a little while. it has already indicated it may do this with a red doji.. if we get a red day engulfed now that is stronger. so even with the eu wanting 2609 and the aud.. 07xx... they may need some more Wheaties w/o oil.. the candles on oil and the eu are indicating weakness verse usd. unless something changes like oil.. bulls want u.s. oil to close above 93.39... atm at 93.70
the same with that cad level close mentioned earlier. aprox .9933 +- close

edited: the weeks high changed from 94.96 to 96.69 typo
those who can, do. those who cant, talk about those who can
  • #106,657
  • Edited 4:54am Aug 9, 2012 4:39am | Edited 4:54am
Quoting gatorinla
oil indicated it wanted 94.72.. it atm has 94.69 high this week.. it may want those 3 pennies still.. but if today it closes red... it will probably give up for a little while. it has already indicated it may do this with a red doji.. if we get a red day engulfed now that is stronger. so even with the eu wanting 2609 and the aud.. 07xx... they may need some more Wheaties w/o oil.. the candles on oil and the eu are indicating weakness verse usd. unless something changes like oil.. bulls want u.s. oil to close above 93.39... atm at 93.70
the same...
oil also has mid R at 94.88
those who can, do. those who cant, talk about those who can
  • #106,658
  • Aug 9, 2012 4:46am Aug 9, 2012 4:46am
hi,

we are not far from mid range 1.2294-1.2282...around those numbers gone load again longs...those number indicating 50% of price retrec...everyone knows that price coming back all the time 50% of move...still bull trend on action...
  • #106,659
  • Aug 9, 2012 5:04am Aug 9, 2012 5:04am
gee a LL.. where did that come from
those who can, do. those who cant, talk about those who can
  • #106,660
  • Aug 9, 2012 5:09am Aug 9, 2012 5:09am
Quoting gatorinla
gee a LL.. where did that come from
The question now is whether the support will be enough?

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"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
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