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The Really Useless Thread

  • #109,141
  • Aug 30, 2012 3:58am Aug 30, 2012 3:58am
Quoting FibbinArchie
so looks like we could be stuck in this shitty ass range till benny boy speaks tomorrow..

a whopping 37 intraday range and we're currently right on 50% of yesterday's range...
Planning to shut down shop and having an early long weekend.

Once the dust has settled , trading will hopefully be more productive.

Right now I don`t feel like inventing trades just for the sake of trading.
" Never let the past hold the future to ransom "
  • #109,142
  • Aug 30, 2012 4:00am Aug 30, 2012 4:00am
Quoting Gleneagles
Planning to shut down shop and having an early long weekend.

Once the dust has settled , trading will hopefully be more productive.

Right now I don`t feel like inventing trades just for the sake of trading.
yeah if you need to force it, best way to get caught the wrong side of the spread in my experience.. we got some jobs data out in early new york, might get something off that, but won't hold my breath..
  • #109,143
  • Aug 30, 2012 4:03am Aug 30, 2012 4:03am
Quoting Gleneagles
Planning to shut down shop and having an early long weekend.

Once the dust has settled , trading will hopefully be more productive.

Right now I don`t feel like inventing trades just for the sake of trading.
mornin ... think i will go back to sleep
  • #109,144
  • Aug 30, 2012 4:06am Aug 30, 2012 4:06am
Quoting FibbinArchie
considering going back to bed, nothing happening so far this morning...
e/a... just ripped through it's target, immediately indicating another one for now... waiting for pullback or topping formation.
  • #109,145
  • Aug 30, 2012 4:06am Aug 30, 2012 4:06am
Quoting AllyB
mornin ... think i will go back to sleep
italian 5 and 10's auction results due in about 5 mins..
  • #109,146
  • Aug 30, 2012 4:07am Aug 30, 2012 4:07am
Quoting Mr Hatch
e/a... just ripped through it's target, immediately indicating another one for now... waiting for pullback or topping formation.
why is everyone raving about e/a this week?
  • #109,147
  • Aug 30, 2012 4:08am Aug 30, 2012 4:08am
Quoting FibbinArchie
italian 5 and 10's auction results due in about 5 mins..
yea probably drank too much coffee to go back to sleep
  • #109,148
  • Aug 30, 2012 4:13am Aug 30, 2012 4:13am
Quoting FibbinArchie
why is everyone raving about e/a this week?
because it provides pips, e/u is protected to both sides... I hate that, so I stay on my toes and do whatever is necessary to make money... like a pip-whore.

1.2209 is the next one on e/a I am throwing an eye on... if it pulls back, 1.2107 is the area where I'd look for an entry, if it pulls back, which it should, but doesn't have to... omg...

Be cautious though: it (e/a) crossed the target-mofu in a single candle... with current expectations this could lead to shallow to non-existent pb, resulting in a swift target-move.

Mid of the previous leg is 1.23143
  • #109,149
  • Aug 30, 2012 4:14am Aug 30, 2012 4:14am
Quoting Mr Hatch


Just woke up.
...are you taking the piss or what ? lol ...

No for real GM ... Only FTSE in their own party, everything else formed and confirmed an unsustainable (given the levels) very compress range for the news... Powerful moves coming soon across the board...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #109,150
  • Aug 30, 2012 4:16am Aug 30, 2012 4:16am
Quoting AllyB
mornin ... think i will go back to sleep

mornin....

27 deg C outside

I can think of a lot of pleasant things to do rather than watch doji`s on the tickcharts
" Never let the past hold the future to ransom "
  • #109,151
  • Aug 30, 2012 4:21am Aug 30, 2012 4:21am
Quoting Gleneagles
mornin....

27 deg C outside

I can think of a lot of pleasant things to do rather than watch doji`s on the tickcharts
it's dark here so my choices are limited

could go out and look at the moon i guess ... humm tomorrow night is the full moon so i better take a gun
  • #109,152
  • Aug 30, 2012 4:24am Aug 30, 2012 4:24am
Quoting sisse
...are you taking the piss or what ? lol ...



sisse
nope, not from you

I just recently realized, I need approx. 7 hrs. of sleep... getting old.

Just in case, I have 1.23732 on the E/U staring at me for a reason.
  • #109,153
  • Aug 30, 2012 5:01am Aug 30, 2012 5:01am
Quoting Mr Hatch
nope, not from you

I just recently realized, I need approx. 7 hrs. of sleep... getting old.

Just in case, I have 1.23732 on the E/U staring at me for a reason.
Well I cannot agree more with that number. I was about to post the outlook for the M / W roll combo but I am bit cautious and not 100% clear 'cause Jackson.

Whatever the case, TA wise there is one and only one key level to track for the M roll 1.236x (+/- same as yours).

Given the FED and etc the next few days we don't have either the usual M / W potential roll level area defined yet (because the high of the month is not yet in place). The 2 options still open are 1.266x that is re-wide open in weekly and monthly charts and 1.239x for the retest and hold of the weekly break up.

From a strictly TA point of view the "order of the factors may alter the product" for the first weeks of September which are key given all the QEs, ECBs and etc. A roll 1.266x (and above) before M roll will open lots of momentum up without looking back. While a a roll below 1.24xx (but above key 1.236x..otherwise is just continuation down without discussion) will guarantee wide volatility for the news in consecutive up and down swings.

Like always M/W roll in play tracking only key levels.... End of summer, US holiday on Monday and the FA movers for the rest of the year coming right after so better be ready that sorry...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #109,154
  • Aug 30, 2012 5:25am Aug 30, 2012 5:25am
chart towards 2373.2, if the topside holds.

let me dig something...

Quoting gatorinla
2609 and ea 2140 should be about the same time. testing 2622/24 is norm.. even on a bigger chart 27xx.. near the 120 pips for a day. we may have to wait some more. the last few moves this year have 2666/67 as a bounce. the lower 2356 and a larger for 900
didn't happen... for a reason? the trend is still down, no matter what.
Attached Image (click to enlarge)
Click to Enlarge Name: Bildschirmfoto 2012-08-30 um 12.23.28.png Size: 22 KB
  • #109,155
  • Aug 30, 2012 5:43am Aug 30, 2012 5:43am
Quoting Mr Hatch


Just woke up.




  • #109,156
  • Aug 30, 2012 7:18am Aug 30, 2012 7:18am
How many times are these arsewipes going to make me buy 2538. 3rd time now. lol
  • #109,157
  • Aug 30, 2012 7:26am Aug 30, 2012 7:26am
looks to be gearing up for assault on daily 20MA - 1.259x and beyond perhaps

aboard with fingers crossed
Attached Image
Disclaimer: Check your 1m charts
  • #109,158
  • Aug 30, 2012 7:28am Aug 30, 2012 7:28am
Nice V

Quoting Venice
How many times are these arsewipes going to make me buy 2538. 3rd time now. lol
Disclaimer: Check your 1m charts
  • #109,159
  • Aug 30, 2012 7:37am Aug 30, 2012 7:37am
going to leave this one run and hopefully cash in on a few pips. If not, cest la vie.

Was trying from this area too all morning

GL with trade V. BBL

Quoting Venice
How many times are these arsewipes going to make me buy 2538. 3rd time now. lol
Attached Image
Disclaimer: Check your 1m charts
  • #109,160
  • Aug 30, 2012 7:39am Aug 30, 2012 7:39am
Quoting pipper
looks to be gearing up for assault on daily 20MA - 1.259x and beyond perhaps

aboard with fingers crossed
Looks very possible... Bulls very close to overpower the highs (Clean sweep to 1.266x is within easy reach) with H4/NY ... decision time in the next few minutes in the euro, both extremes of the micro compress intraday range are within a dozen of pips. Next test of high or low wont hold in my books.

Here, micromanaging euro with 0 margin for maneuver for NY...let see how it goes...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
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