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The Really Useless Thread

  • #129,501
  • Jan 28, 2013 8:52am Jan 28, 2013 8:52am
Careful, guys... 'Norm' is knocking.
  • #129,502
  • Jan 28, 2013 9:16am Jan 28, 2013 9:16am
Quoting cohiba pips
get a screw driver or knife and yank it off
cheers james, gotta do both sides, need to replace the front nearside handle and the front offside electric window needs looking at...
  • #129,503
  • Jan 28, 2013 9:16am Jan 28, 2013 9:16am
piss poor cb confidence...
  • #129,504
  • Jan 28, 2013 9:19am Jan 28, 2013 9:19am
Quoting gatorinla
probably going to wait for 3327 myself. 3327/325x
sub 3431 close is probably bearish now. the 5am close was normally bullish to me. but we are against long time R
those who can, do. those who cant, talk about those who can
  • #129,505
  • Jan 28, 2013 9:45am Jan 28, 2013 9:45am
Quoting gatorinla
sub 3431 close is probably bearish now. the 5am close was normally bullish to me. but we are against long time R
question is, what's capping? that old peak from feb last year or 3500 barrier defence... or do you have something more long term in mind gator?
  • #129,506
  • Jan 28, 2013 10:00am Jan 28, 2013 10:00am
junkiessssssssssssssssss whats op



read sokers

10:41 AM Cable continues a sizable 2013 slide after incoming BOE Governor Mark Carney suggests he'll outdo even Mervyn King on stimulus. Monetary policy is far from "maxed out," he told the big shots at Davos, and more should be done even if inflation is above target (no worry, the British are used to it). FXB -0.7%.

10:35 AM More "crisis over" signs emerge from Europe where German T-Bill yields turned positive for the first time since June at today's auction. The government sold €2.07B of 12-month paper priced to yield 0.1319%.

what about greece italy spain even france dammmmmm to many of them
  • #129,507
  • Jan 28, 2013 10:07am Jan 28, 2013 10:07am
Quoting PayTheLimit
might consider some shorts in EG near 8572...

+1

I had 8575, but have already started scaling in shorts, Cable's oversold across the board, Euro overbought, this cross' due a correction.
  • #129,508
  • Jan 28, 2013 10:07am Jan 28, 2013 10:07am
Quoting gatorinla
sub 3431 close is probably bearish now. the 5am close was normally bullish to me. but we are against long time R
We have "technically" already set the highs and lows of the month across the board. However, early start of the month already in play with key numbers including FOMC , and especially NFP/US GDP combo (tracking closely any undershoots in expectation to start a pullback wave in equities). Euro must wait for ECB next week(not much expectations there only tracking any comments on currency wars and unfair devaluation from the UK and Japan).

In simple words only key levels in play until the Weekly rolls/closes. Euro 1.338x, ES 1500.xx, Oil 96.1x, Gold 169x (far and just marginally open with a major surprise) so managing same trades, same levels same all until further data and staying aside on ES and oil until next week....

That 1,343x is just noise in my charts. I will only start tracking euro for potential load with news play on a test of your 1.340x (in my case 1.338x but the same trade...)

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #129,509
  • Jan 28, 2013 10:09am Jan 28, 2013 10:09am
some shitty levels fiber

for now 80's is holding who knows,
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  • #129,510
  • Jan 28, 2013 10:19am Jan 28, 2013 10:19am
Quoting sisse
We have "technically" already set the highs and lows of the month across the board. However, early start of the month already in play with key numbers including FOMC , and especially NFP/US GDP combo (tracking closely any undershoots in expectation to start a pullback wave in equities). Euro must wait for ECB next week(not much expectations there only tracking any comments on currency wars and unfair devaluation from the UK and Japan).

In simple words only key levels in play until the Weekly rolls/closes. Euro 1.338x, ES 1500.xx, Oil 96.1x,...
nice bro


s across the board es dow love cable , l shiny SL @ + fok it
  • #129,511
  • Jan 28, 2013 10:37am Jan 28, 2013 10:37am
e/u giving it the old down and up...

Inserted Video


seriously tho' hats off to anyone pulling pips out of today's mess...
  • #129,512
  • Jan 28, 2013 10:42am Jan 28, 2013 10:42am
Eyes on GBPUSD


In my view around 40-60 pips to the downside left, chance to the upper side at least around 150- 200 pips
  • #129,513
  • Jan 28, 2013 10:44am Jan 28, 2013 10:44am
Quoting infinitus
Eyes on GBPUSD


In my view around 40-60 pips to the downside left, chance to the upper side at least around 150- 200 pips
very significant murray confluence coming in around 5620...

MN1/W1/D1 PIVOTS
  • #129,514
  • Jan 28, 2013 10:49am Jan 28, 2013 10:49am
Quoting FibbinArchie
question is, what's capping? that old peak from feb last year or 3500 barrier defence... or do you have something more long term in mind gator?
i have a .858 wave intact.. the one below is .777.. .777 has level at 3484.. that plus we have a top last attempt here/near it.. if you look back toward the left on a day week month. the last times we were here.. it has always been an area not easily crossed at the first attempt. with the st target at 3539/40.. a pullback to 3327 min happens more times then not, before 3539... then if 3539 is true, the um is the high from Friday. we also have yet to cross it, with a valid close. so like i posted Friday, i was waiting for 3327 w/o a low below 325x low, to go long.. and look for 3539 min.
my worry is i have a even shorter term setup.. that with a HH may want 3526 sooner, with a LL probably 3376.. and to me the close at 5am est is more bullish then bearish..but it is against past R atm. its also in the mofu for 3539.. in Fridays chart
those who can, do. those who cant, talk about those who can
  • #129,515
  • Jan 28, 2013 10:49am Jan 28, 2013 10:49am
e/u bulls need 3485 for a shot at the 3500 barrier... just a big "tug of war" atm...
  • #129,516
  • Jan 28, 2013 10:53am Jan 28, 2013 10:53am
Quoting gatorinla
i have a .858 wave intact.. the one below is .777.. .777 has level at 3484.. that plus we have a top last attempt here/near it.. if you look back toward the left on a day week month. the last times we were here.. it has always been an area not easily crossed at the first attempt. with the st target at 3539/40.. a pullback to 3327 min happens more times then not, before 3539... then if 3539 is true, the um is the high from Friday. we also have yet to cross it, with a valid close. so like i posted Friday, i was waiting for 3327 w/o a low below 325x...
missed your post friday... also need to take into account changes in the fundamental landscape, with no new eurozone crisis hitting the headlines i'd have to favour a "risk-on" backdrop getting priced back into euro...

plus i believe that i'm correct in saying that fomc have not yet signalled a possible winding up of the on-going, current q.e. program...
  • #129,517
  • Jan 28, 2013 10:55am Jan 28, 2013 10:55am
Quoting sisse
We have "technically" already set the highs and lows of the month across the board. However, early start of the month already in play with key numbers including FOMC , and especially NFP/US GDP combo (tracking closely any undershoots in expectation to start a pullback wave in equities). Euro must wait for ECB next week(not much expectations there only tracking any comments on currency wars and unfair devaluation from the UK and Japan).

In simple words only key levels in play until the Weekly rolls/closes. Euro 1.338x, ES 1500.xx, Oil 96.1x, Gold...
i dont know what the reaction will be.. those weekly job #s have been better. nfp may cause some to think about open end qe in the "closer then appears rear view mirror''
those who can, do. those who cant, talk about those who can
  • #129,518
  • Jan 28, 2013 10:56am Jan 28, 2013 10:56am
Quoting Mr Hatch
Careful, guys... 'Norm' is knocking.
Just for you mate ....big noise across the wires UK downgrade .... well it just a matter of time ...it has been a done deal for a long time ...I don't see how they can avoid it after the latest numbers ...all macro numbers are upside down in the UK and Cameron shoot himself on the foot putting uncertainty on top ... Your 1.540x levels is the last S left before breaking the compression range ... I don't know if you are still holding, but if you are more than 2 thumbs up and you have to pay the next round for the thread....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #129,519
  • Jan 28, 2013 11:03am Jan 28, 2013 11:03am
Quoting FibbinArchie
very significant murray confluence coming in around 5620...

MN1/W1/D1 PIVOTS





add to that the lower boundary of the triangle
  • #129,520
  • Jan 28, 2013 11:03am Jan 28, 2013 11:03am
Quoting sisse
Just for you mate ....big noise across the wires UK downgrade .... well it just a matter of time ...it has been a done deal for a long time ...I don't see how they can avoid it after the latest numbers ...all macro numbers are upside down in the UK and Cameron shoot himself on the foot putting uncertainty on top ... Your 1.540x levels is the last S left before breaking the compression range ... I don't know if you are still holding, but if you are more than 2 thumbs up and you have to pay the next round for the thread....

sisse
5365 looks like a done deal min
those who can, do. those who cant, talk about those who can
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