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The Really Useless Thread

  • #119,841
  • Oct 26, 2012 7:24am Oct 26, 2012 7:24am
gdp #S in 5m
those who can, do. those who cant, talk about those who can
  • #119,842
  • Oct 26, 2012 7:25am Oct 26, 2012 7:25am
Quoting kenfen69
Is interesting, but...

Isn't that just clutter? Chop?

V's probably heading to work now. Looking forward to his response though, chaz.
I didn't mean for that to sound dismissive. Looking forward to seeing/watching for it on more "wide open" charts.

Sleepy time here.

Catch you in a while. Enjoy the ride.

DOW, S&P and Nasdaq getting bought back up (after another dump) for the open again. Don't think AAPL is going much lower. gator will disagree with me, but I think that's nearing the end. Buy'em if you want'em. Next quarter's earning report will have the spike in the opposite direction.

Out...for now. Stay well.

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  • #119,843
  • Oct 26, 2012 7:28am Oct 26, 2012 7:28am
Quoting kenfen69
I didn't mean for that to sound dismissive.
Never brother... it's just how I view price. It's just another way of looking at it, and if you look at price in waves, this can definitely be seen as chop, but there is consistent movement buried within.

I never place a trade without PA to protect, whether with trend or against, and this is how I do it. And the risk is easily defined too. No lines, no fibs no nothing. What you see me posting is the chart I trade off, naked as she comes... save a random (?) box drawn here or there.
  • #119,844
  • Oct 26, 2012 7:29am Oct 26, 2012 7:29am
lol yeah i'll need that thanks mate you too
Quoting PayTheLimit
lol, tie game, looks like overtime, good luck today mate..
  • #119,845
  • Oct 26, 2012 7:34am Oct 26, 2012 7:34am
Quoting gatorinla
gdp #S in 5m
Maybe the news can get her going? I tried twice with it. Two scalps for a total of 20'ish pips. The short from here is suppose to be monstrous... but I am only so patient with stuck price. I know I will be regretting it mid week sometime next week...
  • #119,846
  • Oct 26, 2012 7:34am Oct 26, 2012 7:34am
Quoting gatorinla
gdp #S in 5m
i'm shorting it for 2 days
it's in same position almost
any idea
when it will move to 6060
now 6111
  • #119,847
  • Oct 26, 2012 7:36am Oct 26, 2012 7:36am
Quoting Venice
Never brother... it's just how I view price. It's just another way of looking at it, and if you look at price in waves, this can definitely be seen as chop, but there is consistent movement buried within.

I never place a trade without PA to protect, whether with trend or against, and this is how I do it. And the risk is easily defined too. No lines, no fibs no nothing. What you see me posting is the chart I trade off, naked as she comes... save a random (?) box drawn here or there.


Fantastic!

Burned into my brain...and I will be watching for it/them...as they unfold across my charts.

Nice one!
  • #119,848
  • Oct 26, 2012 7:37am Oct 26, 2012 7:37am
Quoting julia2011
i'm shorting it for 2 days
it's in same position almost
any idea
when it will move to 6060
now 6111
gDp

  • #119,849
  • Oct 26, 2012 7:39am Oct 26, 2012 7:39am
Quoting kenfen69
gDp

more explain
  • #119,850
  • Oct 26, 2012 7:40am Oct 26, 2012 7:40am
As in, USA...

Quoting kenfen69
gDp

Everybody hungry for the GBP to move.

Bastards have you right where they want you!
  • #119,851
  • Oct 26, 2012 7:40am Oct 26, 2012 7:40am
Decent number from the US ....ES tested that final goal below 1400 in Globex and that is prolly it for the day/week across the board, Tracking NY opening range for a possible intraday test to 142x again but without much expectations (more like a hit and run). Gold and Oil tracking the news. Dollar indifferent so far (we need NY).

On the euro a few ticks to that test 1286x but nothing tradable in my case. Without equities breaking down, euro is set to stay in the range till the close moving as a collateral ...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #119,852
  • Oct 26, 2012 7:42am Oct 26, 2012 7:42am
Quoting gatorinla
gdp #S in 5m
Quoting kenfen69
gDp

Quoting julia2011
more explain


This...

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  • #119,853
  • Oct 26, 2012 7:43am Oct 26, 2012 7:43am
Quoting kenfen69


Fantastic!

Burned into my brain...and I will be watching for it/them...as they unfold across my charts.

Nice one!
Not that I am trying to switch your bias around if you are not short, but... weekly cluster?

These aren't full proof. Nothing ever is. But as you know... They are right... enough
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  • #119,854
  • Oct 26, 2012 7:45am Oct 26, 2012 7:45am
Quoting kenfen69
As in, USA...



Everybody hungry for the GBP to move.

Bastards have you right where they want you!
I'm done with that pile of rubbish for the week.

Not like cable to act the way it is.
  • #119,855
  • Oct 26, 2012 7:45am Oct 26, 2012 7:45am
Who just bought...EVERYTHING?

That The Ben?
  • #119,856
  • Oct 26, 2012 7:46am Oct 26, 2012 7:46am
Quoting kenfen69
Who just bought...EVERYTHING?

That The Ben?
2012/10/26 15:45:12DATA SNAP: US GDP Grows 2.0% in 3rd Quarter

Apparently we are saved, life is good once again. lol. Fundies > Techies, as always.
  • #119,857
  • Oct 26, 2012 7:47am Oct 26, 2012 7:47am
Quoting julia2011
i'm shorting it for 2 days
it's in same position almost
any idea
when it will move to 6060
now 6111
gdp is not gbp...
anyway the gbp had better economy growth news yesterday. so it will be stronger then the euro. meaning if it falls, it should fall slower then the euro.
those who can, do. those who cant, talk about those who can
  • #119,858
  • Oct 26, 2012 7:50am Oct 26, 2012 7:50am
this week for me is bad

maybe next week be better
looking for investors . pm me
  • #119,859
  • Oct 26, 2012 7:51am Oct 26, 2012 7:51am
Quoting Venice
Not that I am trying to switch your bias around if you are not short, but... weekly cluster?

These aren't full proof. Nothing ever is. But as you know... They are right... enough
Venice I made the same mistake in my charts a couple of weeks ago. IMO, the red box is a weak R (cluster or whatever you wanna call it) only valid for reference as is inside bars. The area (which is the consolidation range in daily/weekly) in my charts is on the top of the engulfing candle [9/10 week] ...my 2 cents ...as you know you will get whipsawed in and out (we are already 5 fakes up and down) if you trade the middle of a range.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #119,860
  • Oct 26, 2012 7:52am Oct 26, 2012 7:52am
Quoting Venice
I'm done with that pile of rubbish for the week.

Not like cable to act the way it is.
Is a bastard! When moving...fantastic. When hovering, faking and shaking? Can be terribly cruel. I don't play it anymore. I make a mint...then it fakes me over and over and over before we get going again. G/J 2.0 long term account...as involved as I get.

I have a total of 24 instruments staring me in the face, and not ONE of them is GBP based! I see its moves elsewhere. Although...GBP/NZD has some swap potential...but still not enough to drag me in.

Euro, Aussie, Metals...I use the rest for reference.

Dayum...Viagra everywhere out there.
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