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The Really Useless Thread

  • #128,461
  • Jan 11, 2013 8:53am Jan 11, 2013 8:53am
Quoting AllyB
watch out your going to work yourself right out of a job because you need time to spend all that money
Ms. Queen...
  • #128,462
  • Jan 11, 2013 9:10am Jan 11, 2013 9:10am
Quoting Mr Hatch
Ms. Queen...
  • #128,463
  • Jan 11, 2013 11:18am Jan 11, 2013 11:18am
y pp 2909 R1 @3774,,, mid at 3341..
debating a s.
-3241 close today wouldn't hurt a retrace possibility... not advocating a s. but a fresh long is always better in the cheap seats.
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those who can, do. those who cant, talk about those who can
  • #128,464
  • Jan 11, 2013 12:22pm Jan 11, 2013 12:22pm
Quoting gatorinla
y pp 2909 R1 @3774,,, mid at 3341..
debating a s.
-3241 close today wouldn't hurt a retrace possibility... not advocating a s. but a fresh long is always better in the cheap seats.
I don't think we are going to get a new cheap seat in the current swing. Plus there is nobody holding shorts at these levels so until the bastards take profit ....

Tracking 1.335x for the weekly roll in euro, that can be enough to kill not only the retrace but 1.343x as early as the weekend open. Equities (ES) barely holding the break crumbs away from key Resistance still a couple of hours for the close....Oil moving as collateral for now and still with with few ticks to R (the final and reversal one in my charts) so nothing to see there and Gold (range) will also chop around for a bit longer potentially back to this year highs again with a failure to close below 1655.x

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #128,465
  • Jan 11, 2013 12:35pm Jan 11, 2013 12:35pm
Had an Interesting Chat with a guy from one of the bigger finance firms this week, from Chicago. He said some scary stuff regarding how they trade in the office, how many chances you have before you get kicked out and how they interact with each other within the firm.

One guy were allowed to play with 20+:1 risk and others had 1:20+....
The best guys played with trade size for most...

Anyway, thought id share it...
  • #128,466
  • Jan 11, 2013 2:35pm Jan 11, 2013 2:35pm
Quoting sisse
I don't think we are going to get a new cheap seat in the current swing. Plus there is nobody holding shorts at these levels so until the bastards take profit ....

Tracking 1.335x for the weekly roll in euro, that can be enough to kill not only the retrace but 1.343x as early as the weekend open. Equities (ES) barely holding the break crumbs away from key Resistance still a couple of hours for the close....Oil moving as collateral for now and still with with few ticks to R (the final...
it certainly appears that way
shorts = to longs
if all are long, and the sellers have closed. and those sellers have switched to long.. what pushes us higher?
i am watching today's close. eu 3341 and ej 118.94........
i cant explain it and dont know why.. norm is norm.. like earlier the week i was skeptical about lower w/o 3154 as a norm.. i am skeptical about 3594 before 2894. norm most times dont care about anything but doing his thing. norm is the most contrary bastard i know, he has cost me millions fighting him. so now i just let him do his thing.
those who can, do. those who cant, talk about those who can
  • #128,467
  • Jan 11, 2013 2:43pm Jan 11, 2013 2:43pm
Quoting gatorinla
.. norm is norm..
I'd be curious to learn what you mean by 'norm' - could you elaborate on that in a bit more detail?
  • #128,468
  • Jan 11, 2013 2:47pm Jan 11, 2013 2:47pm
the m5 EJ with 20 pip dustbin levels for today.

finished up my chores this week so will be back trading and looking forward to trading this pair using dustbin levels

edit: thanks to gleneagles that is
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  • #128,469
  • Jan 11, 2013 3:20pm Jan 11, 2013 3:20pm
Quoting 2046
I'd be curious to learn what you mean by 'norm' - could you elaborate on that in a bit more detail?
norm frequents the bars, to get a free drink he avoids the tab and walks out. with intent to go to the next bar. meanwhile the bouncers catch up to him before reaching the next bar. they send him back to pay the tab. he can then proceed to the next bar. norm is fat and sloppy, the bouncers fit and trim. its rare for norm to outrun the bouncers.


the last high before this recent high was 3309 ish.. bar 1 is at 2994.. 3309- norm is x.. x/2 is halfway to norm.. halfway /2 is 1/4.. from 3309 to norm is exactly the low at 2996/97.... from 3309 we went 3/4 of the way exactly.. back toward norm.. during this we had ... the never ending expanding yen... the unheard of # like 15% in china rise exports.. and the ecb latest lipstick on a pig. to stop norm... all anti norm... so maybe we get 1/2 of norm this time with this hh.. even that with current high is 3128. all i know is, norm dont give a rats ass about a perceived trend.. cause norm is a trend. but admittedly norm is fighting 3 central banks and china..

http://www.youtube.com/watch?v=81QluTS-mWc
those who can, do. those who cant, talk about those who can
  • #128,470
  • Jan 11, 2013 3:26pm Jan 11, 2013 3:26pm
Quoting gatorinla
it certainly appears that way
shorts = to longs
if all are long, and the sellers have closed. and those sellers have switched to long.. what pushes us higher?
i am watching today's close. eu 3341 and ej 118.94........
i cant explain it and dont know why.. norm is norm.. like earlier the week i was skeptical about lower w/o 3154 as a norm.. i am skeptical about 3594 before 2894. norm most times dont care about anything but doing his thing. norm is the most contrary bastard i know, he has cost me...
missed by 2 pips ... better work on that
  • #128,471
  • Jan 11, 2013 3:29pm Jan 11, 2013 3:29pm
Quoting AllyB
missed by 2 pips ... better work on that
we still have time.. 118.92 atm...
those who can, do. those who cant, talk about those who can
  • #128,472
  • Jan 11, 2013 3:31pm Jan 11, 2013 3:31pm
Quoting gatorinla
we still have time.. 118.92 atm...

my broker quits early ... bastards
  • #128,473
  • Jan 11, 2013 3:39pm Jan 11, 2013 3:39pm
Quoting AllyB
my broker quits early ... bastards
a fight
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those who can, do. those who cant, talk about those who can
  • #128,474
  • Jan 11, 2013 3:41pm Jan 11, 2013 3:41pm
closed AU shorts, prob back in next monday

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Don't be a hero. Don't have an ego. Always question yourself
  • #128,475
  • Jan 11, 2013 3:41pm Jan 11, 2013 3:41pm
Quoting gatorinla
norm frequents the bars, to get a free drink he avoids the tab and walks out. with intent to go to the next bar. meanwhile the bouncers catch up to him before reaching the next bar. they send him back to pay the tab. he can then proceed to the next bar. norm is fat and sloppy, the bouncers fit and trim. its rare for norm to outrun the bouncers.


the last high before this recent high was 3309 ish.. bar 1 is at 2994.. 3309- norm is x.. x/2 is halfway to norm.. halfway /2 is 1/4.. from 3309 to norm is exactly the low at 2996/97.... from 3309 we...
good one, thanks for that; Norm better watch out, them bouncers are rough.

s'up Norm? - nothing, just bumped into Mofu on the way.
  • #128,476
  • Jan 11, 2013 3:45pm Jan 11, 2013 3:45pm
Quoting gatorinla
a fight

let me know who wins ... it's happy hour here ... see ya
  • #128,477
  • Jan 11, 2013 4:17pm Jan 11, 2013 4:17pm
Attention, Attention


Mr. R.P. is now max. leveraged short SP500


time to go long - or is the broken clock this time right?
  • #128,478
  • Jan 11, 2013 8:18pm Jan 11, 2013 8:18pm
k, k, k, k, k, kenfeeeeey!!!!

seriously bro, post something so we know ur ok...
  • #128,479
  • Edited 10:32pm Jan 11, 2013 9:39pm | Edited 10:32pm
Quoting USD-Bear
morning,
AU shorts saved by the bell for now, had already written them of in mind when I went to bed:

AU M15:
Attachment
No kidding! Had a bit of DD to the top, but worked out preety good. Looking to buy @ 0458 and lower.

Daily has Dark Clould cover ( sell @ 0550 looks good maybe) and could take a nice dip to 0400/0360.. We shall see, cliff talk sould keep it boucing with CYN Data coming Friday too

Good trading my friend!
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  • #128,480
  • Jan 12, 2013 5:13am Jan 12, 2013 5:13am
Quoting Chillypiper
No kidding! Had a bit of DD to the top, but worked out preety good. Looking to buy @ 0458 and lower.

Daily has Dark Clould cover ( sell @ 0550 looks good maybe) and could take a nice dip to 0400/0360.. We shall see, cliff talk sould keep it boucing with CYN Data coming Friday too

Good trading my friend!
Yes, don't like weekend positions and that 61.8 fib on the last upmove looked like it wanted to halt PA a bit, so better safe then sorry...
Don't be a hero. Don't have an ego. Always question yourself
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