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The Really Useless Thread

  • #116,341
  • Oct 4, 2012 1:17pm Oct 4, 2012 1:17pm
Quoting Venice
Ascending Triangle. Monthly chart. When this thing breaks... it's going to be painful.

Keep looking for the clusters to make HL's without the top level clusters breaking... until it does break. And KaBOOM.
gawdon bennet nice one - ok
  • #116,342
  • Oct 4, 2012 1:31pm Oct 4, 2012 1:31pm
SL Hit so a -12 and a +8 so -4 on this one..... bastards :-/
Quoting hkkhanus
might be slightly bigger that small?
  • #116,343
  • Oct 4, 2012 1:37pm Oct 4, 2012 1:37pm
Quoting longshot_nl
ahhhhh didn't meet the big one yet.!

Attachment

maybe 30 minutes left to meet it otherwise i missed it..
ok a bit longer then 30 minutes then...
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  • #116,344
  • Oct 4, 2012 1:41pm Oct 4, 2012 1:41pm
Quoting longshot_nl
ok a bit longer then 30 minutes then...
clearer...

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  • #116,345
  • Oct 4, 2012 1:48pm Oct 4, 2012 1:48pm
I think I really need to start looking at purely the currency specific futures chart for swing trading. This stuff is nutty. I wonder how price behaves over in that world.
  • #116,346
  • Oct 4, 2012 1:53pm Oct 4, 2012 1:53pm
corrupt america.

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  • #116,347
  • Oct 4, 2012 2:13pm Oct 4, 2012 2:13pm
Quoting gatorinla
sub 2802 cancels the bull...
whats happening now is a normal move for a bull for 3131.. or the normal retrace of a bear before diving to 2432.. but even after sub 2802. we usually bounce once more to 2987 .. in the final fat lady curtain..
look for weakness. both bears and bulls drop in all norm moves.
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those who can, do. those who cant, talk about those who can
  • #116,348
  • Oct 4, 2012 2:16pm Oct 4, 2012 2:16pm
Quoting chazzle
weak H4 close took a short ...
strong h4 close - took a loss -20
  • #116,349
  • Oct 4, 2012 2:16pm Oct 4, 2012 2:16pm
Gah. I think I'm getting sick. Bastards.
  • #116,350
  • Oct 4, 2012 2:32pm Oct 4, 2012 2:32pm
Quoting Venice
Gah. I think I'm getting sick. Bastards.

dustbin levels can make me sick when i don't trade them ...
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  • #116,351
  • Oct 4, 2012 2:38pm Oct 4, 2012 2:38pm
anyone supporting shorts on Gold around current levels?

GOLD D1:
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Don't be a hero. Don't have an ego. Always question yourself
  • #116,352
  • Oct 4, 2012 2:49pm Oct 4, 2012 2:49pm
Quoting USD-Bear
anyone supporting shorts on Gold around current levels?

GOLD D1:
Attachment
i'd have to decline that one mate its a bit choppy i'd let it do it's own thing pull back or burst north then decide
  • #116,353
  • Oct 4, 2012 3:06pm Oct 4, 2012 3:06pm
harmonic cycles and levels.
i don't understand why it happens but i think its amazing.

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  • #116,354
  • Oct 4, 2012 4:07pm Oct 4, 2012 4:07pm
Quoting cohiba pips
i'd have to decline that one mate its a bit choppy i'd let it do it's own thing pull back or burst north then decide
understand, risking a few $ @ 1791 though
Don't be a hero. Don't have an ego. Always question yourself
  • #116,355
  • Oct 4, 2012 4:37pm Oct 4, 2012 4:37pm
hey Bear, you still holding longs? that USDCAD?

it's at very interesting level right now according to weekly

i took some long at 9803 ish risking a few SL just below 9795

Quoting USD-Bear
understand, risking a few $ @ 1791 though
  • #116,356
  • Oct 4, 2012 4:47pm Oct 4, 2012 4:47pm
anyone? comments? views on youCAD?
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  • #116,357
  • Oct 4, 2012 4:59pm Oct 4, 2012 4:59pm
Quoting hkkhanus
hey Bear, you still holding longs? that USDCAD?

it's at very interesting level right now according to weekly

i took some long at 9803 ish risking a few SL just below 9795
yes still holding, small positions stop @ 97.50
Don't be a hero. Don't have an ego. Always question yourself
  • #116,358
  • Oct 4, 2012 5:02pm Oct 4, 2012 5:02pm
Quoting hkkhanus
anyone? comments? views on youCAD?
9840 looks back on as res bro - a p/b toward that / today's mid aiming toward 9750/765 - mid , support - looks feasible - might need that run-up to take out April lows - where we are right now ... bonus : RSI doing a batman

note: analysis for st trade
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  • #116,359
  • Oct 4, 2012 5:06pm Oct 4, 2012 5:06pm
Quoting hkkhanus
anyone? comments? views on youCAD?
Hmm... It looks like price bounced out of that supply cluster right above with no problems. I would probably only want to be short.

Edited to attach chart.
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  • #116,360
  • Oct 4, 2012 5:12pm Oct 4, 2012 5:12pm
Also, I am expecting some dollar strength again here soon.... but I'm probably turned around. lol
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