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The Really Useless Thread

  • #129,361
  • Jan 24, 2013 6:00am Jan 24, 2013 6:00am
Quoting infinitus
Hi Piters,


thanks Mate for responding. I understand perfectly your chart :-) and see what you mean.


I use mainly for judging such long lasting moves the Awesome Oscillator. I think it is the best indicator to show divergences in the waves. It is validated. The indicator deliveres the best results, when you choose that TF for the wave to be examined that results in 120-140 bars/´candles.

You can read here:


http://www.tradingfives.com/articles...oscillator.htm

http://www.esignalcentral.com/univer...Manual_ch7.pdf




When...

10x mate, but momentum are very fast..I prefer them more.... but will have a look on esignal link you posted...
  • #129,362
  • Jan 24, 2013 6:10am Jan 24, 2013 6:10am
Quoting Piters
KEN !!!!!!!!!!!!!!!!!!

https://pbs.twimg.com/media/BBCluHMCUAAww0p.png:large
OMG
  • #129,363
  • Jan 24, 2013 6:14am Jan 24, 2013 6:14am
Quoting Piters
Thank you for taking your time to reply mate.. Im not using AO indi, as all are momentum indicators [rsi, stoch, mom..ect] I'm having best results with Momentum, and as a source of all other oscilators.. here it is..

YES, we HAD bearish divergence on weekly, but now that is PAST [VOID].. take a look the chart..

I hope You'll understand my chart.. THe breakout is clear.. and until we develop a new bear DIV.. this is going UP...

[Chart] DJII or $INDI
The levels in play are a bit further (higher TF) on the left of your chart ... i hope you are not overlooking all time highs R ...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #129,364
  • Jan 24, 2013 6:20am Jan 24, 2013 6:20am
Quoting sisse
The levels in play are a bit further (higher TF) on the left of your chart ... i hope you are not overlooking all time highs R ...

sisse


:-)


nothing against a triple top towards 1560 with waning momentum
  • #129,365
  • Jan 24, 2013 6:23am Jan 24, 2013 6:23am
sokers

love shiny and the bitchy cable and fak fiber

hatchy milk the bitch
  • #129,366
  • Edited 6:41am Jan 24, 2013 6:24am | Edited 6:41am
Quoting sisse
The levels in play are a bit further (higher TF) on the left of your chart ... i hope you are not overlooking all time highs R ...

sisse
I guess, we'll find out with February Candle OHLC..

just for rec.. in my charts.. 13261.82 has more importance then 14198.1.. [and 13261.82 level is already broken.. ]
  • #129,367
  • Jan 24, 2013 6:41am Jan 24, 2013 6:41am
the euro hasn't moved lower like the gbp. that may change at any time. a change increases near the R on the eg.. atm we are about 90 pips from it. the gbp may be more inclined to bounce soon using support, (on chart) we are just getting in verse the usd. and in this bounce, the eg may top out against R. both of these may cause the gu to stiffen and allow the eu to stall, get sluggish or fall verse the usd. more comparable to the gu. the eg has not hit the R yet, but close at 90 pips... 90 pips may or not be enough..
anyway if and when it does, if the yen is still weak.. the gy may be a better long then the ej.. and if the yen is strong.. the ej the better short with 1.2131 a yr1.. that's about 110 pips higher on the ej then today's high. or 70 pips higher then this years high..

all looks bearish atm on the gbp. but weakness of the bear should not be ignored. i just closed a gbp short and look to reload at weakness maybe 1.6075ish atm at 1.5758
Attached Thumbnails http://www.forexfactory.com/attachme...1&d=1359038258http://www.forexfactory.com/attachme...1&d=1359038273
those who can, do. those who cant, talk about those who can
  • #129,368
  • Jan 24, 2013 7:06am Jan 24, 2013 7:06am
hi guys ...
for several days now, the market seems to me ill
The best thing that can happen to you is to find out where you're wrong.
  • #129,369
  • Edited 7:23am Jan 24, 2013 7:06am | Edited 7:23am
Quoting infinitus
LOL LOL LOL


http://www.zerohedge.com/news/2013-0...arget-1111-888


Just because AAPL longs needed some more salt rubbed in their wounds, here comes Apple's cartooniest analyst who heretofore had the highest price target on AAPL some 140% higher than where it is now, and working at a firm named for a town in Kansas, cutting his fruitish $1,111 price target down to $888.
TOPEKA CAPITAL CUTS PRICE TARGET TO $888 FROM $1111; RATING BUY

So was $666 taken? And does Topeka Capital...
AAPL is in correction,, probably until 409-395 [if we get there]
, then back to 603.
  • #129,370
  • Jan 24, 2013 7:07am Jan 24, 2013 7:07am
All alarms trigger S&P hitting 1500!!!... watch-out for euro breaking higher. Here actively tracking an entry short in the ES for the coming days (weekly / monthly roll)...Gold and oil keep behaving as expected...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #129,371
  • Jan 24, 2013 7:20am Jan 24, 2013 7:20am
Quoting kill56
sokers

love shiny and the bitchy cable and fak fiber

hatchy milk the bitch
nope, I'm flat g/u-wise. same chart, watching. I'm a bit disappointed, though.

H4
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  • #129,372
  • Jan 24, 2013 7:57am Jan 24, 2013 7:57am
Quoting Mr Hatch
nope, I'm flat g/u-wise. same chart, watching. I'm a bit disappointed, though.

H4
sorry i didn't L it.. i closed shorts just a few from low.
those who can, do. those who cant, talk about those who can
  • #129,373
  • Jan 24, 2013 8:00am Jan 24, 2013 8:00am
looking to s the range high.. 3391/3404 entryish.. if the gu has that bounce.. then eu should go here min. for a entry.. i close if it breaks higher.
those who can, do. those who cant, talk about those who can
  • #129,374
  • Jan 24, 2013 8:07am Jan 24, 2013 8:07am
Quoting gatorinla
sorry i didn't L it.. i closed shorts just a few from low.
I probably will, but a bit later. I want to see, whether it's fake first.
  • #129,375
  • Jan 24, 2013 8:16am Jan 24, 2013 8:16am
Quoting Mr Hatch
I probably will, but a bit later. I want to see, whether it's fake first.
looking to short it at weakness 6075 ish or wherever. i took the eu short.. i would like the eg to dive now..
those who can, do. those who cant, talk about those who can
  • #129,376
  • Jan 24, 2013 8:18am Jan 24, 2013 8:18am
Quoting gatorinla
looking to s the range high.. 3391/3404 entryish.. if the gu has that bounce.. then eu should go here min. for a entry.. i close if it breaks higher.
If the market reach it.... I'll go short between 1.3412-19
The best thing that can happen to you is to find out where you're wrong.
  • #129,377
  • Jan 24, 2013 8:53am Jan 24, 2013 8:53am
Quoting Driver55
If the market reach it.... I'll go short between 1.3412-19
check out the lowest low since 2008.. then the highest high after it.. 3404 is in the middle. if we do break it.. i will consider it a dt b/o... and will look to long it, after a pullback as long as the 325x low holds. the gu is saying down... and i look to short it after a bounce.. maybe 1.6075 area
those who can, do. those who cant, talk about those who can
  • #129,378
  • Jan 24, 2013 8:57am Jan 24, 2013 8:57am
and the eg is due for a drop soon..
those who can, do. those who cant, talk about those who can
  • #129,379
  • Jan 24, 2013 10:58am Jan 24, 2013 10:58am
Quoting chazzle
AU W1

had a long this week playing for a bullish b/o with this ascending in mind.Cancelled after failing to follow through.But 650/700 still in play if 450 holds - looking for long entries next week - kind of wish I had one over the w/e but took my eyes off it
got one
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  • #129,380
  • Jan 24, 2013 12:08pm Jan 24, 2013 12:08pm
Quoting chazzle
got one
betting the other way, good luck though
Don't be a hero. Don't have an ego. Always question yourself
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