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The Really Useless Thread

  • #116,081
  • Oct 3, 2012 9:11am Oct 3, 2012 9:11am
Equities taking a dive (like yesterday) on opening bell.

Stopped out on long 2910 earlier for +2

Current ADR 60 at present ( 3 X beats)

The " safe" option would be for PA to remain in 2886-2936 range
before major news tomorrow
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" Never let the past hold the future to ransom "
  • #116,082
  • Oct 3, 2012 9:12am Oct 3, 2012 9:12am
would she sing? you reckon?
Quoting gatorinla
shes looking heavy atm
  • #116,083
  • Oct 3, 2012 9:19am Oct 3, 2012 9:19am
if she does break below 2876... 2790 is what I will be looking at for a bump

EDIT: make that 2793,,, and 2771 is not far from it

Quoting gatorinla
shes looking heavy atm
  • #116,084
  • Oct 3, 2012 9:23am Oct 3, 2012 9:23am
Quoting Venice
I've got a bias to the north derived from the daily atm, but i'm following closely the specific candle closes. Projection is impossible, so i'm throwing a coin.
Whatever. Buy on retest of lower cluster.
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  • #116,085
  • Oct 3, 2012 9:24am Oct 3, 2012 9:24am
nice catch V
Quoting Venice
Whatever. Buy on retest of lower cluster.
  • #116,086
  • Oct 3, 2012 9:25am Oct 3, 2012 9:25am
Quoting hkkhanus
nice catch V
I'm sure I will be promptly stopped out. I don't even know why I try and swing trade. LOL
  • #116,087
  • Oct 3, 2012 9:31am Oct 3, 2012 9:31am
as G man would say, nothing wrong with a free ride
if you not loosing anything by putting a stop at BE++ its all profit

Quoting Venice
I'm sure I will be promptly stopped out. I don't even know why I try and swing trade. LOL
  • #116,088
  • Oct 3, 2012 9:41am Oct 3, 2012 9:41am
Quoting hkkhanus
as G man would say, nothing wrong with a free ride
if you not loosing anything by putting a stop at BE++ its all profit
Yep I get knocked out at BE a lot, but it's worth it when you can finally cash in those several hundred pippers.
  • #116,089
  • Oct 3, 2012 9:46am Oct 3, 2012 9:46am
Quoting Venice
I'm sure I will be promptly stopped out. I don't even know why I try and swing trade. LOL
Still a valid buy signal in place for a swing trade in my books

Pulling the plug for a handful only today (+26)

GL ...PA may push back to the top of the range
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" Never let the past hold the future to ransom "
  • #116,090
  • Oct 3, 2012 9:47am Oct 3, 2012 9:47am
Quoting Gleneagles
Still a valid buy signal in place for a swing trade in my books

Pulling the plug for a handful only today (+26)

GL ...PA may push back to the top of the range
Yes sir. H4 clusters are still making HL's.
  • #116,091
  • Oct 3, 2012 9:51am Oct 3, 2012 9:51am
It would be nice to get some conviction though...
  • #116,092
  • Oct 3, 2012 9:52am Oct 3, 2012 9:52am
Quoting hkkhanus
would she sing? you reckon?
she may have.. when she popped 2922 just now. doing that could be part of 2789.. we stopped at 2925 and that's part of 2858.7.. the safest thing to do is wait.. the bigger bear would like 2987... we stopped at the Lm for it yesterday. i don't know if that was enough.. more times then not 2987 would have been hit.. 2987/3172.. the smaller tf bears want 2858 and that opens 2789.. the bulls st want 3131... there are a mt bunch at 3000.x/39....2874 is still below 75
those who can, do. those who cant, talk about those who can
  • #116,093
  • Oct 3, 2012 9:56am Oct 3, 2012 9:56am
and there went that.. Pointless to hold.
  • #116,094
  • Oct 3, 2012 9:56am Oct 3, 2012 9:56am
nearing cohiba pips's 9940 level.
Just want to note that in my experience the levels (10100 and 9750) are far more reliable than the TL's.

USDOLLAR D1:
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Don't be a hero. Don't have an ego. Always question yourself
  • #116,095
  • Oct 3, 2012 10:09am Oct 3, 2012 10:09am
Quoting USD-Bear
nearing cohiba pips's 9940 level.
Just want to note that in my experience the levels (10100 and 9750) are far more reliable than the TL's.

USDOLLAR D1:
Attachment
This has been pretty miserable so far... we are almost there though.
  • #116,096
  • Oct 3, 2012 10:12am Oct 3, 2012 10:12am
Early day again. Like the last 2 days London can close the day across the FX board. However, oil was the 1st major to break down support (91.xx) so watchout as is leading this week until NFP.

Gold and ES holding Support on the 3rd consecutive daily test but they are cough out of breath on any attempt on the highs (obviously need ECB/NFP combo)

In the euro support hanging on air (1.288x) but still hanging, the next test won't hold and stops will propel the move out of the consolidation range.

Without news or test of that Support before ECB, roll again in control for aligning H4 and Daily (they are almost there and this H4 can realign charts for the 1st time this week and break chop zone) that will make me clear all and look to the other side....

Tracking this H4 close before closing day I would like to see London raising the bid on the fix before the FA movers tomorrow....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #116,097
  • Oct 3, 2012 10:16am Oct 3, 2012 10:16am
Inserted Video
!

whatever way it breaks i enter on retest.

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  • #116,098
  • Oct 3, 2012 10:16am Oct 3, 2012 10:16am
Cable is breaking down nicely. Still overall waiting for 1.6 (ish area).
  • #116,099
  • Oct 3, 2012 10:17am Oct 3, 2012 10:17am
Aussie in Daily Demand... will be looking for strength right around this area. Very possible this thing is going to clear the lows though.

It's showing all indications of a top being in place. LL and LH. (of the clusters, anyways). Get her back to 0369 and i'll be a seller.
  • #116,100
  • Oct 3, 2012 10:28am Oct 3, 2012 10:28am
Quoting chazzle
short......Pineapple ?
Quoting hkkhanus
I hate pineapple on a pizza too, lol yeah short that
bastard
Quoting Geppy
love pineapple, but I agree it has no place on a pizza!
good - we're all agreed there then

stopped on some H4 pin trades - bastards - last of the day , glory trade on cable 077 long sl 060

laters
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