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The Really Useless Thread

  • #129,661
  • Jan 30, 2013 3:50am Jan 30, 2013 3:50am
Quoting Icannaesee
Damn was hoping you were serious, 1.5 would be a nice payday for me
contrarian confucius say, if fibbin archie calling for 1.50, there likely a top coming soon...

edit- daily target done btw... taking my cheese and ruuuunnnning!! looooool...
  • #129,662
  • Jan 30, 2013 3:59am Jan 30, 2013 3:59am
Quoting AllyB
very nice

it is small.....lunch and few beers only

EY filled up my Feb target on beerfund already

early lunch.....

bbl...

pulling the plug for the day
" Never let the past hold the future to ransom "
  • #129,663
  • Jan 30, 2013 4:09am Jan 30, 2013 4:09am
Quoting Gleneagles

pulling the plug for the day
Inserted Video


gawn, have a good trade...
  • #129,664
  • Jan 30, 2013 4:11am Jan 30, 2013 4:11am
Quoting Gleneagles
it is small.....lunch and few beers only

EY filled up my Feb target on beerfund already

early lunch.....

bbl...

pulling the plug for the day
OK ... enjoy your afternoon!
  • #129,665
  • Jan 30, 2013 4:38am Jan 30, 2013 4:38am
Taking final partials at 1.354x target. We are approaching to final target (and no man land TA wise mid term and FA wise for today news) for the swing and for the Quarterly outlook. Only final target open, that will only be trigger before monthly roll with a wide move in the next few hours ... nothing to do until NY and News.

Daily Chart update

sisse
Attached Image (click to enlarge)
Click to Enlarge Name: Daily300113.png Size: 47 KB
Pending conversations? PM for a chat...I am mainly in OTM now
  • #129,666
  • Jan 30, 2013 5:09am Jan 30, 2013 5:09am
Quoting FibbinArchie

edit- daily target done btw... taking my cheese and ruuuunnnning!! looooool...
kay so cldn't resist one last trade, now @ 150% of daily target... done and done, byyyyeeeee!!!
  • #129,667
  • Jan 30, 2013 7:09am Jan 30, 2013 7:09am
Dax failling to breach the highs (only important signal this morning). ES in Globex reaching and testing last R before all time highs and Euro looking for further fuel to test next R but easy part of the move is gone both intraday and the swing moves.

However both oil (fighting for the key 96.1 for the monthly roll that opens the swing low with a failure to break) still trading above key Resistance and Gold on the launching platform for 1591.xx (and gold is in full control for FOMC) are still pointing/waiting for the news for one more push up in equities (and dollar push down).

In simple words only a potential knee jerk reaction up left in equities and euro with news (flat in ES and trailing aggressively last euro), continuation in Gold (165x key momentum down in a fast move) so tightening positions for the range in case news goes upside down and tracking (sidelines this week) very very closely Key Oil for the monthly roll opening the swing down.

GL all.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #129,668
  • Jan 30, 2013 8:30am Jan 30, 2013 8:30am
"Weird" numbers in the US. Solid employment keep ticking up which is the important and negative GDP that only show the cost of the circus Washington made on Confidence last few months. Shame on the politicians, they will never learn and a big warning for the UK of the potential costs of playing with fire....

In any case, quick reaction and selloff on the ES but in my view is just knee jerk reaction as the numbers are very solid in employment and the GDP was just reflecting the preemptive short term shock of the fiscal cliff noise last Quarter. Gold obviously reacted and barely holding last break out (1682.xx) too.

Euro hold steady the news (via QE and soft dollar at least until further info from the the FED)but needs more fuel intraday urgently otherwise the break will fade to look for the key and only level to track for the monthly roll 1.338x

Expecting wide volatility for the US session that can extend to NFP and monthly close. NY in full control till next week...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #129,669
  • Jan 30, 2013 8:32am Jan 30, 2013 8:32am
Quoting sisse
Dax failling to breach the highs (only important signal this morning). ES in Globex reaching and testing last R before all time highs and Euro looking for further fuel to test next R but easy part of the move is gone both intraday and the swing moves.

However both oil (fighting for the key 96.1 for the monthly roll that opens the swing low with a failure to break) still trading above key Resistance and Gold on the launching platform for 1591.xx (and gold is in full control for FOMC) are still pointing/waiting...
hey bro nice info ,

on equities waiting for the feds had some bloody ones on es and dow flat for now(dam it it looks (topish) might risk some fok it

shiny flat too thinking of going south unless we close above 1689's

rest still adding cable, fiber Sl above 36's lets see


u still holding gold
  • #129,670
  • Jan 30, 2013 8:36am Jan 30, 2013 8:36am
Quoting kill56
hey bro nice info ,

on equities waiting for the feds had some bloody ones on es and dow flat for now(dam it it looks (topish) might risk some fok it

shiny flat too thinking of going south unless we close above 1689's

rest still adding cable, fiber Sl above 36's lets see


u still holding gold
Yeap. I tightened remaining before the news but position is hanging on air now....need the FED...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #129,671
  • Jan 30, 2013 9:20am Jan 30, 2013 9:20am
woke up s/o my s scalp. we did get 3539 and atm less then 20 from 3592 and 3594.. no trades for me this close either way..
those who can, do. those who cant, talk about those who can
  • #129,672
  • Jan 30, 2013 10:40am Jan 30, 2013 10:40am
e close... most ez markets closed red today. u.s. contraction weighs on the ez markets. q4 lack of growth in the u.s. blamed.
those who can, do. those who cant, talk about those who can
  • #129,673
  • Jan 30, 2013 10:44am Jan 30, 2013 10:44am
just took some flyers here near 3575....riskin 30ish..
Attached Image (click to enlarge)
Click to Enlarge Name: chart 55.gif Size: 13 KB
Look Sharp/Trade Tight
  • #129,674
  • Jan 30, 2013 12:02pm Jan 30, 2013 12:02pm
might be worth a short on EJ
Disclaimer: Check your 1m charts
  • #129,675
  • Jan 30, 2013 12:56pm Jan 30, 2013 12:56pm
Short EJ from 57 with small one

Quoting pipper
might be worth a short on EJ
Disclaimer: Check your 1m charts
  • #129,676
  • Jan 30, 2013 1:00pm Jan 30, 2013 1:00pm
Well no man land the next few minutes...most key markets in major mid term extreme levels (except gold and Treasuries) with FOMC and NFP to come (ECB next week for the euro). Any out of the norm positive or negative words will have an impact. Any first signals of better economic outlook will no doubt trigger a major move in Treasuries first and Gold after.

Any negative or even more aggressive QE than expected comments via poor economic outlook will open a further extreme wide leg in dollar (a manic move in euro to final targets). Nothing to see in equities for both sides except knee jerk reactions until they trigger profit taking and I don't expect wont go that far until NFP.....

GL all trading, planning to trade or staying on the sidelines in the next few sessions....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #129,677
  • Jan 30, 2013 1:01pm Jan 30, 2013 1:01pm
fed news soon
those who can, do. those who cant, talk about those who can
  • #129,678
  • Jan 30, 2013 1:10pm Jan 30, 2013 1:10pm
Quoting sisse
Well no man land the next few minutes...most key markets in major mid term extreme levels (except gold and Treasuries) with FOMC and NFP to come (ECB next week for the euro). Any out of the norm positive or negative words will have an impact. Any first signals of better economic outlook will no doubt trigger a major move in Treasuries first and Gold after.

Any negative or even more aggressive QE than expected comments via poor economic outlook will open a further extreme wide leg in dollar (a manic move in euro to final targets). Nothing to...
your amazing
  • #129,679
  • Jan 30, 2013 1:18pm Jan 30, 2013 1:18pm
Quoting AllyB
your amazing
thanks ....

+/- same as last one with the same anchor to employment .... inflation expectations allow more QE, economic recovery mild ...

Nothing new...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #129,680
  • Jan 30, 2013 1:19pm Jan 30, 2013 1:19pm
3585 2011 CP hit on euro so lets see if it it rolls over
Disclaimer: Check your 1m charts
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