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The Really Useless Thread

  • #121,441
  • Nov 7, 2012 2:21pm Nov 7, 2012 2:21pm
Quoting gatorinla
x its up to her. she should give another clue.
not exactly a perfect flag, but agree should decide here
Don't be a hero. Don't have an ego. Always question yourself
  • #121,442
  • Nov 7, 2012 2:24pm Nov 7, 2012 2:24pm
*thinking* how can the market screw the most people most of the time..
those who can, do. those who cant, talk about those who can
  • #121,443
  • Nov 7, 2012 2:24pm Nov 7, 2012 2:24pm
Anyone watching cable? Potential H&S forming there.... H1.
  • #121,444
  • Nov 7, 2012 2:25pm Nov 7, 2012 2:25pm
Quoting gatorinla
*thinking* how can the market screw the most people most of the time..
To many people bearish?
  • #121,445
  • Nov 7, 2012 2:25pm Nov 7, 2012 2:25pm
Quoting USD-Bear
not exactly a perfect flag, but agree should decide here
other then an academic drawing one. i have not seen many perfect ones
those who can, do. those who cant, talk about those who can
  • #121,446
  • Nov 7, 2012 2:27pm Nov 7, 2012 2:27pm
Quoting Venice
To many people bearish?
it bothers me, that we didn't bounce after breaking 2802 to at least 1/2 the norm. so i scalp..
those who can, do. those who cant, talk about those who can
  • #121,447
  • Nov 7, 2012 2:28pm Nov 7, 2012 2:28pm
Quoting gatorinla
it bothers me, that we didn't bounce after breaking 2802 to at least 1/2 the norm. so i scalp..
H4 locked in it's position, daily still needs the proper close.
  • #121,448
  • Nov 7, 2012 2:30pm Nov 7, 2012 2:30pm
Quoting USD-Bear
not exactly a perfect flag, but agree should decide here
i was told once by a trader, after 7 bars... its no longer a flag. its then a channel.
i dont have a bias.
those who can, do. those who cant, talk about those who can
  • #121,449
  • Edited 2:54pm Nov 7, 2012 2:44pm | Edited 2:54pm
Quoting gatorinla
i was told once by a trader, after 7 bars... its no longer a flag. its then a channel.
i dont have a bias.
don't know, does'nt fit with my experience.
Normally I give symmetry more value as a signal, atm recovering towards 1.2791 before dropping would interest me most in regards to the flag-pattern reasoning.

Better forget it all and drop right away

EU H1:
Attached Image (click to enlarge)
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it certainly is thinking hard which way to go....
Don't be a hero. Don't have an ego. Always question yourself
  • #121,450
  • Nov 7, 2012 2:45pm Nov 7, 2012 2:45pm
think today's lows will be starting point of Santa Rally

Quoting Rolland
This is DIA daily, interesting to see how she closes.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 17 KB
Disclaimer: Check your 1m charts
  • #121,451
  • Nov 7, 2012 2:52pm Nov 7, 2012 2:52pm
Quoting pipper
think today's lows will be starting point of Santa Rally
Don't you see that as the bottom of another wave down? Any who... I have 12500 level needing tested.
  • #121,452
  • Nov 7, 2012 3:01pm Nov 7, 2012 3:01pm
Quoting pipper
think today's lows will be starting point of Santa Rally
think we'll get one, but volume isn't indicating a bottom yet

H1:
Attached Image (click to enlarge)
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Don't be a hero. Don't have an ego. Always question yourself
  • #121,453
  • Nov 7, 2012 3:01pm Nov 7, 2012 3:01pm
Possible but favour rally into Xmas. Weekly support hit today. MA's also still bullish for me

Quoting Venice
Don't you see that as the bottom of another wave down? Any who... I have 12500 level needing tested.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 24 KB
Disclaimer: Check your 1m charts
  • #121,454
  • Nov 7, 2012 3:06pm Nov 7, 2012 3:06pm
Quoting gatorinla
closes above the close on the last long bear candle (not the hammer). 2661.3 is mine.. it already closed above.. next major close, if it dont move soon, is in 2 hours.. since it already happened on the h.. i have a better chance at 2802 or even 2813
another green h close although just .1 pip... the next h is probably more important 2h 3h 4h 8h 12h 24h
those who can, do. those who cant, talk about those who can
  • #121,455
  • Nov 7, 2012 3:19pm Nov 7, 2012 3:19pm
hopefully get one Bear. Weekly on EU looks bullish to me from 2736 which was hit today also

Quoting USD-Bear
think we'll get one, but volume isn't indicating a bottom yet

H1:
Attachment
Disclaimer: Check your 1m charts
  • #121,456
  • Nov 7, 2012 3:21pm Nov 7, 2012 3:21pm
Quoting gatorinla
dumb ass.. 1396 ish atm... who would of thunk? #119214 all the experts said buy
the actual low today was 369.. 119214 if i heard cnbc correct (twice).. the target circled on the chart is 1369.... i only have futures..
once a target is hit we usually bounce after.. s/p
http://www.forexfactory.com/attachme...1&d=1351017360
those who can, do. those who cant, talk about those who can
  • #121,457
  • Nov 7, 2012 3:22pm Nov 7, 2012 3:22pm
Quoting pipper
hopefully get one Bear. Weekly on EU looks bullish to me from 2736 which was hit today also
Down to 1.242x first though. Although, stranger things have happened. This cluster we are setting in right now could block, but it's not my play.
  • #121,458
  • Nov 7, 2012 3:26pm Nov 7, 2012 3:26pm
don't think we'll head yet to 1.242x just yet V. 12hr and 8hr suggest a bounce now.

Play safe mate


Quoting Venice
Down to 1.242x first though.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: eu12hr.PNG Size: 51 KB
Disclaimer: Check your 1m charts
  • #121,459
  • Nov 7, 2012 3:30pm Nov 7, 2012 3:30pm
Quoting pipper
don't think we'll head yet to 1.242x just yet V. 12hr and 8hr suggest a bounce now.

Play safe mate
Oh yeah, usual path, of course We are at the bottom of a wave, the next step is to the top... eventually. I'm sure it'll spin my head in circles multiple times either way!
  • #121,460
  • Nov 7, 2012 3:37pm Nov 7, 2012 3:37pm
my head too V

Quoting Venice
Oh yeah, usual path, of course We are at the bottom of a wave, the next step is to the top... eventually. I'm sure it'll spin my head in circles multiple times either way!
Disclaimer: Check your 1m charts
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