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The Really Useless Thread

  • #116,181
  • Oct 4, 2012 2:10am Oct 4, 2012 2:10am
Quoting sisse
That number sums up all this area in my books too. That's in the only level in play the last 4 weeks....

Today we have the movers so the daily consolidation has it minutes count... let see 4th test in a week of 1.296x with London.

sisse
hey bro, hope you have been well...a few mids in the 2809/36 area also interesting to note..

and 2857 is last years low..
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Look Sharp/Trade Tight
  • #116,182
  • Oct 4, 2012 2:21am Oct 4, 2012 2:21am
Quoting PayTheLimit
hey bro, hope you have been well...a few mids in the 2809/36 area also interesting to note..

and 2857 is last years low..
100% with you mate. Those are the levels in play right now, nothing below those TFs is valid until this area is solved.... btw 1.287x (your 1.286x mid) more importantly is yearly low ...

Cannot be clearer than that. The rejection in play and why is so "hard" to crack back down that level ....

Let see how it goes.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #116,183
  • Oct 4, 2012 2:32am Oct 4, 2012 2:32am
Quoting sisse
100% with you mate. Those are the levels in play right now, nothing below those TFs is valid until this area is solved.... btw 1.287x (your 1.286x mid) more importantly is yearly low ...

Cannot be clearer than that. The rejection in play and why is so "hard" to crack back down that level ....

Let see how it goes.

sisse
a few monthly mids, and closes I consider outside of this area..
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  • #116,184
  • Oct 4, 2012 3:02am Oct 4, 2012 3:02am
Quoting PayTheLimit
a few monthly mids, and closes I consider outside of this area..
Yeap got +/- the same except the top one ...this year high will cap the this year in my books.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #116,185
  • Oct 4, 2012 3:33am Oct 4, 2012 3:33am
on the slide ....
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  • #116,186
  • Oct 4, 2012 3:55am Oct 4, 2012 3:55am
Quoting gatorinla
looking to sell the sucker 6169 88... and target 6026+. (6067 is the mid it may bounce here). it may bounce at/after target. to 6134
i did get 35 pips on the long.. but didn't get the outer edge short. it did the norm.. i was shooting for a over shoot. lets see what happens at eu 2925...getting higher now invites bulls.. if not the 2858 bear is still valid.
those who can, do. those who cant, talk about those who can
  • #116,187
  • Oct 4, 2012 4:06am Oct 4, 2012 4:06am
if we do break 2802,,then besides 2444, 2432 may be more precise. but even if we do break 2802 and go down a shitload. we usually come back to 2987 or at least close in normal pa. more times then not, before 2432 at some point.
those who can, do. those who cant, talk about those who can
  • #116,188
  • Oct 4, 2012 4:07am Oct 4, 2012 4:07am
... meanwhile over in London ... correcting the overnight move
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  • #116,189
  • Oct 4, 2012 4:13am Oct 4, 2012 4:13am
Quoting gatorinla
yep.. 6134.... i am staying on the outer edge. 6130 could be good.. and it sets up 5972
i didn't take it. i was looking for extreme... if i had i would be looking to b.e. my stops. just in case it went extreme
those who can, do. those who cant, talk about those who can
  • #116,190
  • Oct 4, 2012 4:32am Oct 4, 2012 4:32am
mixed signals... don't like it.
on this chart evening star and closed below gartley level.
lower tf i expected an impulse wave, only see corrective waves.

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  • #116,191
  • Oct 4, 2012 4:50am Oct 4, 2012 4:50am
Quoting longshot_nl
mixed signals... don't like it.
on this chart evening star and closed below gartley level.
lower tf i expected an impulse wave, only see corrective waves.

Attachment
i am good for 2858 w/o 2967 easily.. above that i got 30xx+... that's if 2973 2987 2994 R gives up.. the 2858 bear is still alive and well. there's a bigger bear wanting 2987... as normal pa.. even after a LL below 2802
those who can, do. those who cant, talk about those who can
  • #116,192
  • Oct 4, 2012 5:10am Oct 4, 2012 5:10am
After a long week, intraday chart aligned with daily with this H4 close. 1st update on the Quarterly outlook (daily and H4) and final intraday levels before ECB.

Quoting sisse

Quarterly Outlook


On the FA side:
[list][*]Election Quarter so any major economic bad news will be blamed to the other side of the Atlantic until election results. However, this season debt soap opera seems to be over and only the final episode (which everybody already knows the outcome) left: Spain bailout can trigger a final (and prolly for a long time) risk wave across the board.....
Quote
On the TA side:
......

  1. [highlight]Daily:

    1. In consolidation mode.[/highlight] A roll above 1.287x...nothing tradable in that chart for this week. [check / nothing to see for today] ECB]

  2. [highlight]Intraday[/highlight]

    1. Reversal up on the weekly opening with most of the easy part gone with London. [highlight]Crumbs left to strong R at 1.292x and with even more R overhead at 1.296x[/highlight]. Without news (ECB/NFP) looks very hard to break above this week. [check].
    2. Only early trapped bulls can trigger a run to 1.281x and beyong 1.276x with stops triggered. [still open but after this H4 aligned with daily 1.301x is open on air for ECB for the overshoot for the fade]

GL all
sisse

Pending conversations? PM for a chat...I am mainly in OTM now
  • #116,193
  • Oct 4, 2012 5:35am Oct 4, 2012 5:35am
quick 1m chart..
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  • #116,194
  • Oct 4, 2012 5:42am Oct 4, 2012 5:42am
Quoting Venice
This is why price drives me crazy. Why does it ALWAYS have to return (+/- a few points)? Makes the stops nearly pointless. But held through, and now I have PA to protect. Which begs the question... why even hold? Cash in on the rallies, and rebuy later on... I don't know. It's rediculous.

Will let this one go over night, see where I end up.

Lots and lots of stop outs so far this week. Just making peanuts. Hopefully NFP isn't too crazy. It will probably come back and knock me out though. Just for funzies.
Closed +40. Nothing to write home about, but at least I got things started for the week.
  • #116,195
  • Oct 4, 2012 5:46am Oct 4, 2012 5:46am
Quoting Venice
Closed +40. Nothing to write home about, but at least I got things started for the week.
well done Venice , no start-ups yet here, still eying on USDCAD long entry around .9843
Don't be a hero. Don't have an ego. Always question yourself
  • #116,196
  • Oct 4, 2012 6:00am Oct 4, 2012 6:00am
48 + close is on the bull side
those who can, do. those who cant, talk about those who can
  • #116,197
  • Oct 4, 2012 6:01am Oct 4, 2012 6:01am
Quoting gatorinla
48 + close is on the bull side
closed bull side
those who can, do. those who cant, talk about those who can
  • #116,198
  • Oct 4, 2012 6:02am Oct 4, 2012 6:02am
Quoting gatorinla
48 + close is on the bull side
Yeap is holding on air since last h4 but nothing from the BOE and liquidity evaporating before ECB so no man land till then and early lunch here....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #116,199
  • Oct 4, 2012 6:20am Oct 4, 2012 6:20am
Quoting gatorinla
closed bull side
oh well.. it closed (higher high close) on the bull side of London.. But against R don't mean much this time.
those who can, do. those who cant, talk about those who can
  • #116,200
  • Oct 4, 2012 6:25am Oct 4, 2012 6:25am
gu closed on the bear side..looks like the easier short..
those who can, do. those who cant, talk about those who can
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