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The Really Useless Thread

  • #129,721
  • Edited 5:31am Jan 31, 2013 5:10am | Edited 5:31am
G/U:

ABC-correction done at 5824, small short in at 5815 and 50% already out at 5790. 5786 is a small support here.

SL is in positive territory on that position.

GL all.
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  • #129,722
  • Jan 31, 2013 5:15am Jan 31, 2013 5:15am
Quoting Mr Hatch
G/U:

ABC-correction done at 5824, small short in at 5815 and 50% already out at 5790. 5786 is a small support here.

SL is in positive territory on that position.

GL all.
GU W1 H4

nice reaction off this weekly number also - good work and gl on the rest mate
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  • #129,723
  • Jan 31, 2013 5:16am Jan 31, 2013 5:16am
Quoting chazzle
nice reaction off this weekly number also - good work and gl on the rest mate
that's not my favourite setup... the daily candle at this very moment looks more promising.
  • #129,724
  • Jan 31, 2013 5:29am Jan 31, 2013 5:29am
Quoting chazzle
morning

EUR CAD H4

took a hit on my previous UCHF and AU positions ... currently betting on a small dip in ECAD ... CAD GDP out today

gl all

dam where the f u been bastard miss u pink booooottt
  • #129,725
  • Jan 31, 2013 5:38am Jan 31, 2013 5:38am
Quoting kill56
safe than sorry SL on all S across the board till the NFP , we might see 200k and a nice dive berrny will like the 200k NFP
Agree mate... Looks like a wide shake out in the making before a top and M/W closes. Aiming to a mini sell today intraday sucking enough hands trying to catch the top, and a spike on better than or slightly better expected NFP ... Daily held in all markets yesterday and today holding again M levels will be enough to play NFP and beyond....

Pretty much flat across the board except for euro. Bastards shake me out by a couple of ticks on the remaining gold (really bastards!!!). Only planning to reentry gold if possible and very marginally play to reload any "early bears" trap for NFP if we get a intraday selloff today/tomorrow in H4 ...

Basically tracking closes mode across the board...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #129,726
  • Jan 31, 2013 5:38am Jan 31, 2013 5:38am
Quoting Mr Hatch
G/U:

ABC-correction done at 5824, small short in at 5815 and 50% already out at 5790. 5786 is a small support here.

SL is in positive territory on that position.

GL all.

not bad wel done
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  • #129,727
  • Jan 31, 2013 6:21am Jan 31, 2013 6:21am
Quoting Mr Hatch
that's not my favourite setup... the daily candle at this very moment looks more promising.
caught me out more times than not - basing a decision on a candle before it closes - but if it works for you , more power to your elbow , horses for courses as we say
  • #129,728
  • Jan 31, 2013 6:24am Jan 31, 2013 6:24am
Quoting kill56
dam where the f u been bastard miss u pink booooottt
cooking lobsters for city bastards - me downstairs , them upstairs - will move up a level one day - hope all is good your end and the weapons cache all in order in case shit gets real
  • #129,729
  • Jan 31, 2013 6:25am Jan 31, 2013 6:25am
Quoting chazzle
caught me out more times than not - basing a decision on a candle before it closes - but if it works for you , more power to your elbow , horses for courses as we say
qft
  • #129,730
  • Jan 31, 2013 7:02am Jan 31, 2013 7:02am
Quoting Mr Hatch
G/U:

ABC-correction done at 5824, small short in at 5815 and 50% already out at 5790. 5786 is a small support here.

SL is in positive territory on that position.

GL all.
s/o
  • #129,731
  • Jan 31, 2013 8:37am Jan 31, 2013 8:37am
Quoting chazzle
EUR CAD H4

currently betting on a small dip in ECAD ... CAD GDP out today
EUR CAD M15

don't like this - doesn't look bearish - pulled it
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  • #129,732
  • Jan 31, 2013 8:59am Jan 31, 2013 8:59am
small s at 3572... will build if all looks ok. 3592 still not hit. neither the 3594 one.
those who can, do. those who cant, talk about those who can
  • #129,733
  • Jan 31, 2013 9:28am Jan 31, 2013 9:28am
The traps been set, Cathy Lein on CNBC just gave the masses their trading plans, lol. Long on a break of 3600, stops 3500 targeting 3775.
  • #129,734
  • Jan 31, 2013 9:31am Jan 31, 2013 9:31am
Quoting auxesis
The traps been set, Cathy Lein on CNBC just gave the masses their trading plans, lol. Long on a break of 3600, stops 3500 targeting 3775.
she may be right.. it was an easy call. but she could also be wrong.

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those who can, do. those who cant, talk about those who can
  • #129,735
  • Jan 31, 2013 9:48am Jan 31, 2013 9:48am
Quoting gatorinla
she may be right.. it was an easy call. but she could also be wrong.

...
One of the things I like to keep in the background is reflected timing cycles from major turning points, you'd be surprised how many times they repeat or better copy them selves in reverse order...... if this point holds any significance then we are looking at a several week correction or consolidation from the current high and momentum leading into it. The only fly in the ointment is the fact that the timing spans over the holidays, which from past experience can throw the mirror off a day or two..... the mark's possible deviation comes in yesterday going into early next week.

Price could explode out the top and make her target by Monday or so, personally I'm looking at fading any move north.

Time will tell.

cheers
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  • #129,736
  • Jan 31, 2013 9:51am Jan 31, 2013 9:51am
Quoting auxesis
The traps been set, Cathy Lein on CNBC just gave the masses their trading plans, lol. Long on a break of 3600, stops 3500 targeting 3775.
noise noise noise on the extremes. Bulls from way below are in control not new players at the highs ...so as soon as they (the ones from below 1.30xx) don't take profits, this will keep rolling up until a top.... loading big longs at these levels after +/-13% non stop rally (+/-1600 pips) is a sucker game for 99% of traders in any market at any time... my 2 cents

In any case, here we go with 1st attempt to breach last highs, running some light stops on the top from the early birds (bears) can propel final target ....let see how it goes

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #129,737
  • Jan 31, 2013 10:31am Jan 31, 2013 10:31am
Quoting auxesis
One of the things I like to keep in the background is reflected timing cycles from major turning points, you'd be surprised how many times they repeat or better copy them selves in reverse order...... if this point holds any significance then we are looking at a several week correction or consolidation from the current high and momentum leading into it. The only fly in the ointment is the fact that the timing spans over the holidays, which from past experience can throw the mirror off a day or two..... the mark's possible...
I learnt that this is called the "Rule of Alternation". A v-shape directional change is mostly followed by a consolidating one on the next stop. Works on almost any tf.
  • #129,738
  • Jan 31, 2013 10:33am Jan 31, 2013 10:33am
Quoting gatorinla
small s at 3572... will build if all looks ok. 3592 still not hit. neither the 3594 one.
the target at 3592 has now been hit, we did not go back to norm at 2894 before hitting 3592. (probably because of boj) after a target is hit it may want a retrace, at least at some point. weakness in the bull should be respected. my high is 3593.4 that is still under the norm missed the last time @ 3594.. when that one is hit, we can make a LL below 1876.. the bulls have now hit the indicated target. we are so close to 3594 i dont know if its considered a hit or not.. life would be easier for me if it was hit. and then look for a turn after, on that weakness. even if a bunch higher. the bulls had sex for 3 months and may want a nap soon.. they did what they pointed to months back.

the pattern for apple was like this one.. 1.3 years ago. on that one after target was hit.. we continued. much higher then the 490 target.. but after.. we can see how it turned out.. when all were calling moon.
those who can, do. those who cant, talk about those who can
  • #129,739
  • Jan 31, 2013 10:42am Jan 31, 2013 10:42am
anyone selling gold?
those who can, do. those who cant, talk about those who can
  • #129,740
  • Jan 31, 2013 10:46am Jan 31, 2013 10:46am
Quoting sisse
noise noise noise on the extremes. Bulls from way below are in control not new players at the highs ...so as soon as they (the ones from below 1.30xx) don't take profits, this will keep rolling up until a top.... loading big longs at these levels after +/-13% non stop rally (+/-1600 pips) is a sucker game for 99% of traders in any market at any time... my 2 cents

In any case, here we go with 1st attempt to breach last highs, running some light stops on the top from the early birds (bears) can propel final target ....let see how it goes

sisse...
I guess I'm one of this Players And my tp still UP
I wait to add one last long some where down but need to see how fast we will get down there.
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