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The Really Useless Thread

  • #119,601
  • Edited 3:10am Oct 25, 2012 2:49am | Edited 3:10am
Quoting sisse
Double dip is over in the UK after those GDP numbers and it looks very hard to have a "triple" dip.

sisse
Inserted Video


hi all just dropping in, few small scalps in e/u so far...

eyes on 304x / 298x areas, intraday levels... (assuming breach of h1 200sma and falling tl confluence for the upside target)...

have a good day...
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  • #119,602
  • Oct 25, 2012 2:51am Oct 25, 2012 2:51am
gbp/usd H4

Here from yellow to yellow, maybe? Tomorrow I will build a new bullish fan.

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"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #119,603
  • Oct 25, 2012 2:54am Oct 25, 2012 2:54am
Quoting Gleneagles
The Olympic Games must have had a sizable contribution to the numbers as well.

A few billion flowing into the economy that is not part of "normal" economic drivers?

The next number could be interesting because it would be comparing apples with apples?


edit: just saw an article now estimating the increase at +/ 0.2%
true, but it's self fulfilling, confidence sparks investment and output...
  • #119,604
  • Oct 25, 2012 2:59am Oct 25, 2012 2:59am
Quoting kbmoonshinex
need to hit channel top. still more room up
dude... these forex pairs can always make more room...

and in fact have a habit of doing just that...
  • #119,605
  • Oct 25, 2012 3:30am Oct 25, 2012 3:30am
y no one wan talk to me?
  • #119,606
  • Oct 25, 2012 3:30am Oct 25, 2012 3:30am
Quoting FibbinArchie
dude... these forex pairs can always make more room...

and in fact have a habit of doing just that...
thats true bro.
looking for investors . pm me
  • #119,607
  • Oct 25, 2012 3:31am Oct 25, 2012 3:31am
Quoting FibbinArchie
http://www.youtube.com/watch?v=2KIsa8-aXpk

hi all just dropping in, few small scalps in e/u so far...

eyes on 304x / 298x areas, intraday levels... (assuming breach of h1 200sma and falling tl confluence for the upside target)...

have a good day...
nice chart. a lot of use full lines. pivots and fibo.
looking for investors . pm me
  • #119,608
  • Oct 25, 2012 3:32am Oct 25, 2012 3:32am
Quoting FibbinArchie
true, but it's self fulfilling, confidence sparks investment and output...
That's very true...

Quoting Gleneagles

A few billion flowing into the economy that is not part of "normal" economic drivers?

The next number could be interesting because it would be comparing apples with apples?
Yeap definitively the 2 quarters rule at least in any macro number is the one to track. In my view, we have bottomed in Europe.

UK will "rebound" (slow nothing crazy) first given the more flexible labor laws and more % GDP dependence on Finance (Bastards will have a lot fun and strength in the next few months).

Germany will cough for a bit but not for much longer as the world and European economy start picking up (slowly again) and Germany will fly solid like usual. France and Italy are definitively bottoming and a sluggish but not negative recovery is on the making.

The trouble ones, the only one important (in economic terms) is Spain and that is (and will be) definitely a drag for next year and also will mark the end of the EZ debt crisis if and only if they manage to bottom.

The other European small countries are solid and they will perform even better without risk in the environment. The important Dutch and and the bigger Eastern European will struggle and they will be the last to bounce back strong as they are heavily (+70% in some cases) dependent on the EU markets...

In any case, is good news, and US confirming the trend in the US tomorrow will be enough to know that the world is not going to end next week as some doomers "expect" in FF....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #119,609
  • Oct 25, 2012 3:37am Oct 25, 2012 3:37am
Quoting kbmoonshinex
nice chart. a lot of use full lines. pivots and fibo.
it looks busy, but it's my regular set up, so i'm used to it...
  • #119,610
  • Oct 25, 2012 3:40am Oct 25, 2012 3:40am
Stopped out
Quoting hkkhanus
ok made some changes, SL moved to 83.32
TP 1 moved to 81.69 and TP2 set to 79.90

off to bed, TC, gl and goodnight
  • #119,611
  • Oct 25, 2012 3:42am Oct 25, 2012 3:42am
Quoting sisse
That's very true...



Yeap definitively the 2 quarters rule at least in any macro number is the one to track. In my view, we have bottomed in Europe.

UK will "rebound" (slow nothing crazy) first given the more flexible labor laws and more % GDP dependence on Finance (Bastards will have a lot fun and strength in the next few months).

Germany will cough for a bit but not for much longer as the world and European economy start picking up (slowly again) and Germany will fly solid like usual. France and Italy are definitively bottoming and...
need the brits to start taking their holidays in spanish and greek resorts again...

Inserted Video


it'll be very painful for you sophisticated, cultured continental types, but just think of the money...
  • #119,612
  • Oct 25, 2012 3:46am Oct 25, 2012 3:46am
starting to look like a slow grind into us data, catch y'all later...
  • #119,613
  • Oct 25, 2012 4:03am Oct 25, 2012 4:03am
i am ready to add long .
looking for investors . pm me
  • #119,614
  • Oct 25, 2012 4:16am Oct 25, 2012 4:16am
Sat for 5 hours with my forehead stuck to the monitor with double-sided tape for 12 pips
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" Never let the past hold the future to ransom "
  • #119,615
  • Oct 25, 2012 4:23am Oct 25, 2012 4:23am
Quoting Gleneagles
Sat for 5 hours with my forehead stuck to the monitor with double-sided tape for 12 pips
story of my life...

right outta here... later...
  • #119,616
  • Oct 25, 2012 4:28am Oct 25, 2012 4:28am
Quoting Gleneagles
Sat for 5 hours with my forehead stuck to the monitor with double-sided tape for 12 pips
only been sittin here for 1 1/2 hours with a count of 0

trying to ignore cable ... i really want to short it
  • #119,617
  • Oct 25, 2012 4:34am Oct 25, 2012 4:34am
Quoting AllyB
only been sittin here for 1 1/2 hours with a count of 0

trying to ignore cable ... i really want to short it
hey ally...
  • #119,618
  • Oct 25, 2012 4:35am Oct 25, 2012 4:35am
Quoting AllyB
only been sittin here for 1 1/2 hours with a count of 0

trying to ignore cable ... i really want to short it
i shorted cable 6131. target 6050
looking for investors . pm me
  • #119,619
  • Oct 25, 2012 4:35am Oct 25, 2012 4:35am
Quoting sisse
That's very true...



Yeap definitively the 2 quarters rule at least in any macro number is the one to track. In my view, we have bottomed in Europe.

UK will "rebound" (slow nothing crazy) first given the more flexible labor laws and more % GDP dependence on Finance (Bastards will have a lot fun and strength in the next few months).

Germany will cough for a bit but not for much longer as the world and European economy start picking up (slowly again) and Germany will fly solid like usual. France and Italy are definitively bottoming...


  • #119,620
  • Oct 25, 2012 4:36am Oct 25, 2012 4:36am
Quoting AllyB
only been sittin here for 1 1/2 hours with a count of 0

trying to ignore cable ... i really want to short it
howdy...

both 10 day and 20 day ADR are below 100 now

it has been a while since we had relatively small ranges like we have now

small range and trending is perfect
small range and choppy is painful even for dustbin trading
" Never let the past hold the future to ransom "
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