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The Really Useless Thread

  • #127,981
  • Jan 3, 2013 4:31am Jan 3, 2013 4:31am
Quoting USD-Bear
Morning,

what do you guys think how USD would react on a possible US Moody's downgrade?
Noise from the bastards. Profit taking on fiscal cliff and window dressing. This TA and FA year hasn't started yet. NFP ("nothing new" FOMC minutes expected today) with weekly close will do the trick. So no downgrade. If they do it, without ECB changing rates and FED with nothing new, downgrade opens FA 1.359x and beyond in the euro.

Btw, 2 thumbs up on that S&P trade...very well done.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #127,982
  • Jan 3, 2013 4:47am Jan 3, 2013 4:47am
junkiesssssssssssssssssssss

fiber below sisse 3120 level

for the road
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  • #127,983
  • Jan 3, 2013 4:56am Jan 3, 2013 4:56am
Missed dustbin TP on long trade by 0.2 pips

Donated 5 pips to the barstarts

Considering cashing in for the day.


ADR @ 95 already
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" Never let the past hold the future to ransom "
  • #127,984
  • Jan 3, 2013 5:06am Jan 3, 2013 5:06am
Quoting Gleneagles
Missed dustbin TP on long trade by 0.2 pips

Donated 5 pips to the barstarts

Considering cashing in for the day.


ADR @ 95 already

fak them take it back bro

green year to u full of hashoo and drinks
  • #127,985
  • Jan 3, 2013 5:12am Jan 3, 2013 5:12am
anyone considering 3036, or have anything of any importance down that way..?
Look Sharp/Trade Tight
  • #127,986
  • Jan 3, 2013 5:16am Jan 3, 2013 5:16am
Quoting PayTheLimit
anyone considering 3036, or have anything of any importance down that way..?
here u go got 3031
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  • #127,987
  • Jan 3, 2013 5:18am Jan 3, 2013 5:18am
cheers kill..
Look Sharp/Trade Tight
  • #127,988
  • Jan 3, 2013 5:24am Jan 3, 2013 5:24am
Quoting sisse
Noise from the bastards. Profit taking on fiscal cliff and window dressing. This TA and FA year hasn't started yet. NFP ("nothing new" FOMC minutes expected today) with weekly close will do the trick. So no downgrade. If they do it, without ECB changing rates and FED with nothing new, downgrade opens FA 1.359x and beyond in the euro.

Btw, 2 thumbs up on that S&P trade...very well done.

sisse
thanks sisse, it was risky but like to think a bit calculated given the circumstances.
Was reading a downgrade might trigger a massive bout of global risk liquidation in favour of USD, but maybe a bit far fetched...
Don't be a hero. Don't have an ego. Always question yourself
  • #127,989
  • Jan 3, 2013 5:29am Jan 3, 2013 5:29am
Quoting kill56
fak them take it back bro

green year to u full of hashoo and drinks

thx bro ... same to you

barstarts are still fresh after the holidays , we will cut them down to size
" Never let the past hold the future to ransom "
  • #127,990
  • Jan 3, 2013 5:43am Jan 3, 2013 5:43am
another update on USDOLLAR,
the 2 important levels are 10.090 on the upside and 9.750 on the downside.
People might think about double top, near resistance.
Based on FA and TA I think its likely we will break the 10.090 level and move further north

USDOLLAR D1:
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Don't be a hero. Don't have an ego. Always question yourself
  • #127,991
  • Jan 3, 2013 5:48am Jan 3, 2013 5:48am
3 beats down ..one beat up..

waiting for the barstarts to look away so i can kick them in the nuts
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" Never let the past hold the future to ransom "
  • #127,992
  • Jan 3, 2013 6:23am Jan 3, 2013 6:23am
also considering 6121 on the pound...
Look Sharp/Trade Tight
  • #127,993
  • Jan 3, 2013 6:23am Jan 3, 2013 6:23am
Standing aside for the day


Skipped trading the breakout below 3094 because of stretched ADR
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" Never let the past hold the future to ransom "
  • #127,994
  • Jan 3, 2013 7:38am Jan 3, 2013 7:38am
Quoting PayTheLimit
anyone considering 3036, or have anything of any importance down that way..?


Hi PTL,


I do have 3031 on several TF's as an Murrey Math -1/8 target (hourly and 4h)


and -2/8 on 15min TF



With another statistical method I have 3031 on a daily basis


Right now the strongest indication I have on 3062


From a fib point of view on dailies 3051 would be A=C and 3014 would be A*1.27 = C
  • #127,995
  • Jan 3, 2013 8:04am Jan 3, 2013 8:04am
Quoting infinitus
Hi PTL,


I do have 3031 on several TF's as an Murrey Math -1/8 target (hourly and 4h)


and -2/8 on 15min TF



With another statistical method I have 3031 on a daily basis


Right now the strongest indication I have on 3062


From a fib point of view on dailies 3051 would be A=C and 3014 would be A*1.27 = C
1.3010 for me.... Still waiting
  • #127,996
  • Jan 3, 2013 8:29am Jan 3, 2013 8:29am
Quoting needpips
1.3010 for me.... Still waiting
Hi Needpips,


our range sucks :-) LOL


What bothers me is the fact, that we are about to drop out of an upsloping channel. So far we have pin-point the channel.

On dailies, the drop since yesterday has not even reached A=C in substructure. I think that when we now drop out of this channel, we may end significantly deeper and the drops yesterday and today eventually have to be counted as 1-2, 1-2 move, which would be quiet bearish.

On the other hand I do not expect the channel to be breached without momentum, and so far we have divergences in M15 and H1. Maybe we have to recharge a bit here......
  • #127,997
  • Jan 3, 2013 8:31am Jan 3, 2013 8:31am
Quoting infinitus
Hi Needpips,


our range sucks :-) LOL


What bothers me is the fact, that we are about to drop out of an upsloping channel. So far we have pin-point the channel.

On dailies, the drop since yesterday has not even reached A=C in substructure. I think that when we now drop out of this channel, we may end significantly deeper and the drops yesterday and today eventually have to be counted as 1-2, 1-2 move, which would be quiet bearish.

On the other hand I do not expect the channel to be breached without momentum, and so far we have...


here is the channel (red one)
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  • #127,998
  • Jan 3, 2013 8:44am Jan 3, 2013 8:44am
3082 target finally hit. will we bounce is the question. and if, will we go back to 3230..the norm before 3036.7..we still have not touched the 289x norm. for the 3592 target. but 3592 was built on news after 2432 was. built on news with out a foundation, are less likely to work. but at the same time, we never hit the 3594 norm last time..
those who can, do. those who cant, talk about those who can
  • #127,999
  • Jan 3, 2013 8:50am Jan 3, 2013 8:50am
Quoting kill56
junkiesssssssssssssssssssss

fiber below sisse 3120 level

for the road
Watch-out you take the road instead of the highway .... let see how it goes.

ES 1480x.. looks naked in my charts and that one is the mover...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #128,000
  • Jan 3, 2013 9:41am Jan 3, 2013 9:41am
Quoting sisse
Watch-out you take the road instead of the highway .... let see how it goes.

ES 1480x.. looks naked in my charts and that one is the mover...

sisse
lol bro i dont drive while drinking

es took some from me, but shiny and the rest gave it back , its the fed's night and tommoro NFP it should set the path for us
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