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The Really Useless Thread

  • #112,761
  • Sep 20, 2012 9:06am Sep 20, 2012 9:06am
Quoting kill56
still holding s ??
i closed some at 74.. waiting to reload them
those who can, do. those who cant, talk about those who can
  • #112,762
  • Sep 20, 2012 9:06am Sep 20, 2012 9:06am
Quoting AllyB
bob evans sausage, smoked ham, bacon, sautéed tomatoes, onions, fresh baby spinach & monterey jack cheese omelet topped with holiandaise sauce, shredded cheddar cheese & scallions. oh and wheat toast with strawberry jam.

i am sooooooooooo full
thats outstanding work by you..
Look Sharp/Trade Tight
  • #112,763
  • Sep 20, 2012 9:07am Sep 20, 2012 9:07am
Quoting Venice
ohhh man. That sounds amazing.
believe me it was! even got a to go box for later
  • #112,764
  • Sep 20, 2012 9:07am Sep 20, 2012 9:07am
Quoting kill56
and the voodoo lube
love it
  • #112,765
  • Sep 20, 2012 9:09am Sep 20, 2012 9:09am
Quoting PayTheLimit
thats outstanding work by you..
i took notes
  • #112,766
  • Sep 20, 2012 9:10am Sep 20, 2012 9:10am
Quoting gatorinla
i was wrong about 2962. i expect a bounce when the smaller target of 3902 is hit (or soon after). since 2962 has little or no affect i don't know. the pending power of the usd may be greater then i thought. i have 2444 as a target. i expected stronger support at 2962... i sit and wait for a bounce scratching my head. what is currently happening regarding 2962 is not a good sign.. i have to wait for the bounce.. a bounce that may not come. not bouncing and passing 2962 so easily is making me think capitulation is possibly here..
if...
bounce off 23.6 fib usually means continuation.

same story here. i was to just add but i somewhere closed all, now i am flat.
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  • #112,767
  • Sep 20, 2012 9:12am Sep 20, 2012 9:12am
Quoting gatorinla
i closed some at 74.. waiting to reload them
it looks no body likes the CB QE's or dont trust them even gold acting funny , lets see if we can take 2910 befor the eu close we need abounce now to reload
  • #112,768
  • Sep 20, 2012 9:13am Sep 20, 2012 9:13am
15m needs a close above 2955 to reverse momentum.
  • #112,769
  • Sep 20, 2012 9:16am Sep 20, 2012 9:16am
Quoting Venice
15m needs a close above 2955 to reverse momentum.

not today

we had LL LH all dam week
  • #112,770
  • Sep 20, 2012 9:17am Sep 20, 2012 9:17am
when oil drops it hurts the aud...it also helps the yen.. aj....should be watched. if it breaks the low from 2 weeks back 75.77 should be in the future. usually a bounce after a break.
those who can, do. those who cant, talk about those who can
  • #112,771
  • Sep 20, 2012 9:20am Sep 20, 2012 9:20am
one more with atr WTF
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  • #112,772
  • Sep 20, 2012 9:24am Sep 20, 2012 9:24am
Quoting gatorinla
when oil drops it hurts the aud...it also helps the yen.. aj....should be watched. if it breaks the low from 2 weeks back 75.77 should be in the future. usually a bounce after a break.
mmm, the move from 77 to 100 didn't hurt Yen much, more factors in play...
Don't be a hero. Don't have an ego. Always question yourself
  • #112,773
  • Sep 20, 2012 9:26am Sep 20, 2012 9:26am
Quoting kill56
not today

we had LL LH all dam week
haha yes, doesn't look like it's happening, that was what was just marked on my chart. That value will probably change here soon anyways. Lets see!
  • #112,774
  • Sep 20, 2012 9:34am Sep 20, 2012 9:34am
Quoting longshot_nl
bounce off 23.6 fib usually means continuation.

same story here. i was to just add but i somewhere closed all, now i am flat.
the continuation sig was made on the way down. this bounce was part of it. a turn below 3200 was about a 70% to go to 2444 with normal pa. the wildcard for me was dragi and Qe.. i did think on the way up we would stall. the chf did what was indicated July 26. the eur has yet to do what was indicated before last Friday. i dont know where we will go.. i know whats indicated and happens more times then it does not. all of these indications happen when all think we are going in a certain direction, w/o a pause or turn.. if we go to 2444 this would be the 4th that was indicated when the opposite was the thought.. i am almost skidish to post a turn when indicted. oh well this is the 4th time of the last 4 turns if 244 is correct..2444 is just a min target. and we could continue the main lower trend.
those who can, do. those who cant, talk about those who can
  • #112,775
  • Sep 20, 2012 9:41am Sep 20, 2012 9:41am
Quoting gatorinla
the continuation sig was made on the way down. this bounce was part of it. a turn below 3200 was about a 70% to go to 2444 with normal pa. the wildcard for me was dragi and Qe.. i did think on the way up we would stall. the chf did what was indicated July 26. the eur has yet to do what was indicated before last Friday. i dont know where we will go.. i know whats indicated and happens more times then it does not. all of these indications happen when all think we are going in a certain direction, w/o a pause or turn.. if we go to 2444 this would...
It's not so easy to turn a weekly trend around mate.
  • #112,776
  • Sep 20, 2012 9:44am Sep 20, 2012 9:44am

  1. 10:20 AM The bull market that just won't quit, Treasurys - the 10-year yield off 3 bps today to 1.73% - have regained all of the ground lost following the Fed's QE announcement last week. TLT +0.7%. Another sharp reversal is the euro, which has given up a full 2 cents this week to retreat to its pre-Fed level of $1.2942. FXE -0.9%. Comment!

  2. 9:56 AM Perhaps the ECB should change its nickname to the ECP (European Center for Politics), suggests Richard Woolnough, as the idea of an independent central bank has been seemingly scrapped. "Not only has the ECB agreed to become more like an arm of the state, it is potentially attempting to become a state" by setting conditions upon which it will exercise bond purchases

  • #112,777
  • Sep 20, 2012 9:46am Sep 20, 2012 9:46am
Cable... lol. That monthly ascending triangle is going to be glorious when it breaks.
  • #112,778
  • Sep 20, 2012 9:54am Sep 20, 2012 9:54am
Quoting USD-Bear
mmm, the move from 77 to 100 didn't hurt Yen much, more factors in play...
yes.... go back to last year... i posted it was at support... and if that support failed, we would go to sub 2008 levels. and if that happened sub all time lows by a bunch.. since it has bounced off support .. it has made 108.03 a target. i don't know if it will break the low of 2 weeks ago or not. but if it does.. i gave a target. at that level fundies and techs will work together..if oil continues to slip. the factories in play is it wants 108.. and it will want 108 until something changes. on the shorter term if that low is broken.. a better place to long should present itself. unless we break that bigger low.. then we talk about 2008 and all time low targets..
those who can, do. those who cant, talk about those who can
  • #112,779
  • Sep 20, 2012 9:57am Sep 20, 2012 9:57am
Quoting Geppy
Been patient with this position all week. I've added a few, but the core position is from higher up. Targets set at 1.2960 and 1.2950... I hope to wake up to seeing those hit.

Pretty pissed at those bastards for shaking me out of my GBP/JPY shorts... those would be killing it right now too.

Oh well.
Well, my targets were easily achieved overnight while I was sleeping... gotta love that

I'll be looking to reload shorts on a peak-a-boo above 1.3000 or thereabouts.

We've breached the 1h 200ema now and I would be targeting 1.2700 initially for a further drop.
check out my blog: forexmademillionaire dot com
  • #112,780
  • Sep 20, 2012 9:58am Sep 20, 2012 9:58am
Quoting Venice
It's not so easy to turn a weekly trend around mate.
true about a week one. i don't consider 2444 a turn.. nor the bounce at 2043 a turn.. .. 50 month ones even harder.
those who can, do. those who cant, talk about those who can
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