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The Really Useless Thread

  • #128,501
  • Jan 13, 2013 11:10pm Jan 13, 2013 11:10pm
cant say I find anything interesting in the charts as of right now...might consider sellling some AUD up near 0685, if we got there, also been noting 6121 in the GBP, but cant figure which way to play it, also have a level in AUDJPY at 93.40, but no interesting candles as of just yet, at any rate, going to walk the dog, back later, gl, PTL...
Look Sharp/Trade Tight
  • #128,502
  • Jan 14, 2013 2:25am Jan 14, 2013 2:25am
took a few shorts in AUDJPY near 93.40, risking the highs+a few, for a chance at 92.15/20...
Look Sharp/Trade Tight
  • #128,503
  • Jan 14, 2013 4:05am Jan 14, 2013 4:05am
Quoting PayTheLimit
took a few shorts in AUDJPY near 93.40, risking the highs+a few, for a chance at 92.15/20...
intriguing pair PTL, agree if it drops, it drops hard, gl
Don't be a hero. Don't have an ego. Always question yourself
  • #128,504
  • Jan 14, 2013 4:53am Jan 14, 2013 4:53am
Quoting gatorinla
dumb-ass s scalp on the ej atm
out ej + 50.
eu and ej not agreeing in st today. the eu is indicating bearish and the ej bullish... ej at 119.38 is a place 2 look 4 a long if analysis agrees. a bearish indicated eu may just sit here and consolidate/range some. while the ej test the high. if ej does test the high and later make a LL.. then the eu is probably right. a healthy ej pullback is possible. but with the last close we may retest the high. either way i closed already.. had the ej closed below 119.38 last h, i would have held.
http://www.forexfactory.com/attachme...1&d=1358137468
those who can, do. those who cant, talk about those who can
  • #128,505
  • Jan 14, 2013 5:00am Jan 14, 2013 5:00am
Quoting gatorinla
out ej + 50.
eu and ej not agreeing in st today. the eu is indicating bearish and the ej bullish... ej at 119.38 is a place 2 look 4 a long if analysis agrees. a bearish indicated eu may just sit here and consolidate/range some. while the ej test the high. if ej does test the high and later make a LL.. then the eu is probably right. a healthy ej pullback is possible. but with the last close we may retest the high. either way i closed already.. had the ej closed below 119.38 last h, i would have held.
http://www.forexfactory.com/attachme...1&d=1358137468...
it mad a LL as i typed. i closed too early.. if norm shows up.. party hats half price.
those who can, do. those who cant, talk about those who can
  • #128,506
  • Jan 14, 2013 5:29am Jan 14, 2013 5:29am
Quoting Mr Hatch
K, if we close this week in G/U below last week's open, I'm gonna add a small short on Monday.
gonna call my new approach 'Snowflake trading' in the future.
  • #128,507
  • Jan 14, 2013 7:01am Jan 14, 2013 7:01am
Quoting Mr Hatch
gonna call my new approach 'Snowflake trading' in the future.
I cannot really see beyond massive chop (for the swing I mean). We still in the middle of the middle in the middle in my charts but if you manage to outsmart the break to the down side you have THE play of the year. In my case TA neutral short term and tracking closely for the FA/TA trigger while the weekly range is range play from the bottom 1.602x (fading intraday the lows) of the range to the top with a test of highs 1.629x.

Fuel comes from banks this week. A must to track not only for cable but across the board so I don't think we'll go anywhere until some data start flowing from there. The second and important one is the EU/UK Bs next week that may opens Pandora's box on any "faux pas" from the Brits in the coming days as markets are fed up with circus and got enough in the plate with coming US debt ceiling and the endless EZ debt....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #128,508
  • Jan 14, 2013 8:36am Jan 14, 2013 8:36am
Quoting USD-Bear
intriguing pair PTL, agree if it drops, it drops hard, gl
perhaps some closes under 93.90 take some air out of it, but mostly the bastard wont go down...
Look Sharp/Trade Tight
  • #128,509
  • Jan 14, 2013 8:39am Jan 14, 2013 8:39am
Quoting sisse
A must to track not only for cable but across the board so I don't think we'll go anywhere until some data start flowing from there.

sisse
Disclaimer: Sassiness around.

While going nowhere, my account went up over 500 banked pips
  • #128,510
  • Jan 14, 2013 8:41am Jan 14, 2013 8:41am
Speaking of sass, where has that jackass fxjawn been?
Look Sharp/Trade Tight
  • #128,511
  • Jan 14, 2013 8:54am Jan 14, 2013 8:54am
Quoting PayTheLimit
also been noting 6121 in the GBP, but cant figure which way to play it...
might look to sell a bounce against there now, but not today, otherwise might consider longs against 5880, again prolly not today...
Look Sharp/Trade Tight
  • #128,512
  • Jan 14, 2013 8:58am Jan 14, 2013 8:58am
Quoting PayTheLimit
might look to sell a bounce against there now, but not today, otherwise might consider longs against 5880, again prolly not today...
from what I have in mind with this pair, your number can well be the new resistance on a bounce from way below.
If I'm right, no more funny clown RUT-awards for Mr. Hatch.
  • #128,513
  • Jan 14, 2013 9:01am Jan 14, 2013 9:01am
Quoting Mr Hatch
K, if we close this week in G/U below last week's open, I'm gonna add a small short on Monday.
break of 6004-5987 may quickly lead to 5640 IMHO
  • #128,514
  • Jan 14, 2013 9:03am Jan 14, 2013 9:03am
Quoting PayTheLimit
perhaps some closes under 93.90 take some air out of it, but mostly the bastard wont go down...
lol yea, well at least the tricky part (the Yen) looks like it wants some retrace with Aud joining it could be a real runner....
Don't be a hero. Don't have an ego. Always question yourself
  • #128,515
  • Jan 14, 2013 9:24am Jan 14, 2013 9:24am
Quoting Mr Hatch
Disclaimer: Sassiness around.

While going nowhere, my account went up over 500 banked pips
lol....

Well you were really sharp at fading that daily top/Resistance so you had plenty of room to trail all the way down to the bottom of the range. I personally didn't even see worse consider fading that move so early this year. I think cable is, if not the most, one of the most difficult FX instruments TA wise right now until the compression range is broken so well yes we are going nowhere swing wise until Cable is FA/TA solve (we are very close).

I hope it breaks down so you can make a killer, meanwhile GL managing those shorts...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #128,516
  • Jan 14, 2013 9:29am Jan 14, 2013 9:29am
Quoting sisse
lol....

Well you were really sharp at fading that daily top/Resistance so you had plenty of room to trail all the way down to the bottom of the range. I personally didn't even see worse consider fading that move so early this year. I think cable is, if not the most, one of the most difficult FX instruments TA wise right now until the compression range is broken so well yes we are going nowhere swing wise until Cable is FA/TA solve (we are very close).

I hope it breaks down so you can make a killer, meanwhile GL managing those shorts...

sisse...
Managing them is not that difficult, although I have a black spot on my sheet already for closing position no. 2 last Friday... I fired up the charts, because of a statement made here, and bamm... chickened out of my own analysis again.

So, the conclusion is... as long as I don't read these forums, all is fine. I just don't have another way of talking to you.
  • #128,517
  • Jan 14, 2013 10:29am Jan 14, 2013 10:29am
Quoting gatorinla
out ej + 50.
eu and ej not agreeing in st today. the eu is indicating bearish and the ej bullish... ej at 119.38 is a place 2 look 4 a long if analysis agrees. a bearish indicated eu may just sit here and consolidate/range some. while the ej test the high. if ej does test the high and later make a LL.. then the eu is probably right. a healthy ej pullback is possible. but with the last close we may retest the high. either way i closed already.. had the ej closed below 119.38 last...
lets c where the ej ends up today.
if the ej turns a bearish card up, we may have a decent retrace on the eu.. the ej and the eu are not on agreement of future direction
those who can, do. those who cant, talk about those who can
  • #128,518
  • Jan 14, 2013 11:48am Jan 14, 2013 11:48am
Quoting Mr Hatch
Managing them is not that difficult, although I have a black spot on my sheet already for closing position no. 2 last Friday... I fired up the charts, because of a statement made here, and bamm... chickened out of my own analysis again.

So, the conclusion is... as long as I don't read these forums, all is fine. I just don't have another way of talking to you.
Oh sure ...if the boards are affecting your trading decisions... definitively fck the forums. Business and capital first chit chat and market talk later...

In any case, in my books, the next move in cable and across FX will come first from the dollar side so tracking closely BB (tracking King and inflation tomorrow for the mid term) for the "just in case" tonight...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #128,519
  • Jan 14, 2013 2:37pm Jan 14, 2013 2:37pm
wonder if 3467 will be hit today
Disclaimer: Check your 1m charts
  • #128,520
  • Jan 14, 2013 3:12pm Jan 14, 2013 3:12pm
Quoting pipper
wonder if 3467 will be hit today
It is a done deal TA wise but is too late today. 1.339x holding the roll open a chance for a test as early as Tokyo, otherwise we will need to wait for London.... Trying hard to reload intraday but the odds of decent entry are severely against. Today test 1.334x maybe enough to complete the move...

In any case, important update here:. After today debt ceiling Bs and Daily close in the ES changing mid term outlook in the ES (and equities across the Atlantic) from [highlight]Buy to Neutral[/highlight].. Expecting a last exhaustion move on bank's earnings and rolling the month with next NFP for the next leg ....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
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