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The Really Useless Thread

  • #107,941
  • Aug 22, 2012 3:21am Aug 22, 2012 3:21am
Quoting Rag2RichesFX
The important thing is you are no longer a chump anymore.

Just a useless bastard


Top 'o the world, Ma...no hands!
  • #107,942
  • Aug 22, 2012 3:23am Aug 22, 2012 3:23am
Quoting fxjawn

.... the first thing the bastards handled when comming back from vacation is silver ....
Coming back from a long weekend here and bastards (especially in Europe) look that they are starting to come back to business too.

Euro flirting to important break up (finally to any side is good news for us) in weekly that when confirmed will put the yearly low in place with the M roll (tracking that v closely).

Intraday trading air at these levels and awful r:r to load longs around (1.246x). Most weak shorts cleaned from charts and a tick above highs will open 1.258x (1.262x overshoot). Lots of air for the retrace and only last daily break out tradable in h4...

But the real deal will come from FOMC (1st on the series with Jackson Hole, ECB, etc in the next couple of weeks that will rule the marktes for the rest of the year).

Bastard on the very highs in equities (yearly highs in ES). Like every single time ready to sell any FED disappointing (buy QE rumor sell the failure to deliver). Gold the most cautious of all them sitting to the tick on the ultimate high of the 4 months range waiting for QE's and etc....

Finally Oil in a steep uptrend and ready to put as back in "normal" times with a 1st attempt to assault the 100.xx with good news from the CBs.

Bonds and Treasuries rising in very decent moves ahead of the CBs party. While in the EZ debt front, bonds are sharply going down and they are trading in average in the lowest levels we have seen in more than 2 years. Even Portugal is flirting to break down to a more healthier levels ...leaving Greece always alone in the dark ...

For currencies, Dollar in full control via CBs. An extra push in the next few weeks from the CBs across the world can definitively put a final end of the crisis we started in 2008 (an end on the financial and stock markets I mean) including the worst of the EZ debt crisis ...

Action packed autumn until election....

GL all

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #107,943
  • Aug 22, 2012 3:31am Aug 22, 2012 3:31am
Quoting fxjawn
it has something to do with the elections as well... doomsday etc.. with that looming man who the fuck knows....
My money...well...my "cynical" side, anyway...would have figured manipulation into the ground under "election year" terms. Nasdappl and Co looking pretty. Metals are looking lofty to a LOT of people. Though gator's Long $4.00 PO could have stood a chance this year on Silver!

$30...coming up. Fireworks from there! I remember it on the last run up...very significant. May not repeat...but fireworks there will be...convinced of that. Give it an hour and we may find out.


Quoting fxjawn
hopefully that maple leave u have for me is real... by the time i get it ... it could be worh hundreds.. i kid brother
Uh...its a Leaf...actually.

And just because you have whore on the brain, doesn't mean you should forget your T's!
  • #107,944
  • Aug 22, 2012 3:37am Aug 22, 2012 3:37am
Quoting Rag2RichesFX
I dont think we will see $37-40 without 1.30 E/U. I remember E/U was near 1.50 when silver was near $50, and lead E/U most of the way down. Until E/U broke through 1.26 this year and silver stayed above it.
I don't necessarily disagree with 1.30, but...

EU's got issues, mate! Damaged goods.

I'm trying to be polite...but she needs a serious clinic!
  • #107,945
  • Aug 22, 2012 3:38am Aug 22, 2012 3:38am
hello. should go up
Attached Image (click to enlarge)
Click to Enlarge Name: eurs3.gif Size: 18 KB
looking for investors . pm me
  • #107,946
  • Aug 22, 2012 3:39am Aug 22, 2012 3:39am
Quoting kenfen69
That's why I switched predominantly to Pending orders weighted toward the edges of ADR and removed stops from the equation. Now I BEG for the Algos to get in here sooner! I even try and entice them through google-bots!



Neckline?

Fak! Not again!
I have started using more POs myself, but I still keep stops. You must not even trade 1:1 leverage.

Hopefully were just retesting the 23.6 fib and no higher from there... at least I covered half

Never fails posting a chart! lol
Be hopeful in a winning position, and fearful in a losing position.
  • #107,947
  • Aug 22, 2012 3:40am Aug 22, 2012 3:40am
Quoting sisse
Coming back from a long weekend here and bastards (especially in Europe) look that they are starting to come back to business too.

Euro flirting to important break up (finally to any side is good news for us) in weekly that when confirmed will put the yearly low in place with the M roll (tracking that v closely).

Intraday trading air at these levels and awful r:r to load longs around (1.246x). Most weak shorts cleaned from charts and a tick above highs will open 1.258x (1.262x overshoot). Lots of air for the retrace and only last daily...
yep i agree man .. its going to be a volatile time trading wise.. i cant wait to see what 2013 will bring in the markets...

i am positioning myself as we speak so i will be set up with futures along with currencies...

i see the soybeans are in a pretty decent bull run.. i believe i pmed u about it a while back... (although i may have mentioned selling soybeans instead of buying, buying for a rise is what i meant... had it ass backwards.) i would not normally trade something like that but i grew up around farming with my grandfather etc... rice, soybeans, beef etc..

anyways good luck this week man
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  • #107,948
  • Aug 22, 2012 3:41am Aug 22, 2012 3:41am
Quoting fxjawn
no i know ... what i mean by the catch is. mentioning will gold follow etc... kinda brought the attention to the potential bull move...
Right, right. Yeah...just too big of a move from a dormant state.

Now if that was EC...it could have moved 500 pips and the half life would have been about 500 seconds...TOPS!

We'll see where it goes...but its still ticking up. Watch for a VIOLENT spike through $30. Once (if) it goes...from there...anyone's guess.

(anyone looking in...don't go long unless you ARE long. Potential to bleed is high!)
  • #107,949
  • Aug 22, 2012 3:42am Aug 22, 2012 3:42am
Quoting kenfen69
My money...well...my "cynical" side, anyway...would have figured manipulation into the ground under "election year" terms. Nasdappl and Co looking pretty. Metals are looking lofty to a LOT of people. Though gator's Long $4.00 PO could have stood a chance this year on Silver!

$30...coming up. Fireworks from there! I remember it on the last run up...very significant. May not repeat...but fireworks there will be...convinced of that. Give it an hour and we may find out.




Uh...its a Leaf...actually.

And just because you have...
it must be your english translator... if u ck my post it is in fact spelled leaf...

thank u very much

  • #107,950
  • Aug 22, 2012 3:45am Aug 22, 2012 3:45am
Quoting kenfen69
I don't necessarily disagree with 1.30, but...

EU's got issues, mate! Damaged goods.

I'm trying to be polite...but she needs a serious clinic!
Yeah I agree. It's certainly possible everything else but E/U moves up, but the fact that E/U is majority of dollars weight, and silver needs a dollar bear move for any sort of bull move, so it sort of implies E/U going with it at least a little ways up I would think.

When silver was at $37 last and got destroyed (Leap Year Massacre) EU was @ 1.3480
Be hopeful in a winning position, and fearful in a losing position.
  • #107,951
  • Aug 22, 2012 3:48am Aug 22, 2012 3:48am
Quoting Rag2RichesFX
I have started using more POs myself, but I still keep stops. You must not even trade 1:1 leverage.


A few posts ago, you said I wasn't a chump anymore!
Quoting Rag2RichesFX
Hopefully were just retesting the 23.6 fib and no higher from there... at least I covered half

Never fails posting a chart! lol
A few posts ago, I asked you NOT to post a chart! Who's the chump now???
  • #107,952
  • Aug 22, 2012 3:49am Aug 22, 2012 3:49am
Quoting fxjawn
yep i agree man .. its going to be a volatile time trading wise.. i cant wait to see what 2013 will bring in the markets...

i am positioning myself as we speak so i will be set up with futures along with currencies...

i see the soybeans are in a pretty decent bull run.. i believe i pmed u about it a while back... (although i may have mentioned selling soybeans instead of buying, buying for a rise is what i meant... had it ass backwards.) i would not normally trade something like that but i grew up around farming with my grandfather etc......
I didn't know you traded Grains... Haven't look at soybeans in a while ... The master on that is PTL, he can definitively give you a good view on grains...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #107,953
  • Aug 22, 2012 3:52am Aug 22, 2012 3:52am
Quoting kbmoonshinex
hello. should go up
i sure hope it doesn't get too expensive to say hi...
  • #107,954
  • Aug 22, 2012 3:57am Aug 22, 2012 3:57am
Quoting sisse
I didn't know you traded Grains... Haven't look at soybeans in a while ... The master on that is PTL, he can definitively give you a good view on grains...

sisse
well i normally dont.

as soon as i get my two current projects off the ground and running well then i will.

i have everything in place to do so... i have the knowledge of the farm industry i learned early.. now have the trading knowledge. so it would be something that would be stupid for me to pass up...

thanks sisse, have a good week

jon
  • #107,955
  • Aug 22, 2012 3:58am Aug 22, 2012 3:58am
Quoting sisse
Coming back from a long weekend here and bastards (especially in Europe) look that they are starting to come back to business too.

Euro flirting to important break up (finally to any side is good news for us) in weekly that when confirmed will put the yearly low in place with the M roll (tracking that v closely).

Intraday trading air at these levels and awful r:r to load longs around (1.246x). Most weak shorts cleaned from charts and a tick above highs will open 1.258x (1.262x overshoot). Lots of air for the retrace and only last daily...


^ That was from FibbinArchie and Old Quant (maybe a little from me, too), whom both stopped in earlier. OQ says he'll be around...a little. The Useless Thread turned one year old yesterday...I think that's why that pair of bastards surfaced...strange forces pulling them home.

Still not around much this week, sisse. Wish you well, and look forward to seeing more of you as the money making season falls again upon us!

Best and GL!
  • #107,956
  • Aug 22, 2012 3:59am Aug 22, 2012 3:59am
Quoting kenfen69


A few posts ago, you said I wasn't a chump anymore!


A few posts ago, I asked you NOT to post a chart! Who's the chump now???
Okay either only 1:1 leverage or are you happy with RR profile of 2:1 if you know the stop almost never gets hit?

If you are targeting 100 pips where does your mental stop go (obviously near s/r but typically how many pips)?

Curious!
Be hopeful in a winning position, and fearful in a losing position.
  • #107,957
  • Aug 22, 2012 4:00am Aug 22, 2012 4:00am
Quoting sisse
I didn't know you traded Grains... Haven't look at soybeans in a while ... The master on that is PTL, he can definitively give you a good view on grains...

sisse
Which is WHY Old Quant was looking for him, too!

"Where's PTL? I wanna talk grains!"

Paraphrasing...but fairly accurate.
  • #107,958
  • Aug 22, 2012 4:01am Aug 22, 2012 4:01am
Quoting pkimnyc
i sure hope it doesn't get too expensive to say hi...
Jackass!
  • #107,959
  • Aug 22, 2012 4:04am Aug 22, 2012 4:04am
Quoting kenfen69
Jackass!
looking for investors . pm me
  • #107,960
  • Aug 22, 2012 4:11am Aug 22, 2012 4:11am
Quoting kenfen69
Jackass!
hello bro. how your EA trade ?
looking for investors . pm me
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