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The Really Useless Thread

  • #130,221
  • Feb 7, 2013 6:52am Feb 7, 2013 6:52am
Quoting sisse
No man land until ECB. ES in Globex ticking above fresh highs before NY. DAX with a very timid and soft intrday bottom in play for ECB. Cable full of action with a 2nd strong (intrday) test of last breakout after the big BOE news in the morning. A bottom in play in H4 but the real deal comes with weekly roll.

No surprises expected in the rate so prolly early lunch and nothing to see until key Draghi conference.

On the side, I was checking a very telling number about our business and FF. Amazing the statistics in the live explorers (whatever...
Interesting... with that avg-entry to the short side... gosh... do some math, that's a suicidal one.

http://www.forexfactory.com/attachme...1&d=1360239552
  • #130,222
  • Feb 7, 2013 7:00am Feb 7, 2013 7:00am
Quoting Mr Hatch
Interesting... with that avg-entry to the short side... gosh... do some math, that's a suicidal one.
Interesting for study and reference. If you put a daily chart (as most are clearly intraday trapped traders ) with both average long and short entries. You can clearly see why and where they were sucked in. Both are the bars that made the swings (low and high) and the entries were on the intraday breaks that got trapped on daily leg after ...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #130,223
  • Feb 7, 2013 7:24am Feb 7, 2013 7:24am
this h if we close ej -129.69 its probably bearish, it not bullish, probably. but it hasn't made a HH. it may lead other euro pairs.
those who can, do. those who cant, talk about those who can
  • #130,224
  • Feb 7, 2013 7:26am Feb 7, 2013 7:26am
Quoting Mr Hatch
Interesting... with that avg-entry to the short side... gosh... do some math, that's a suicidal one.

http://www.forexfactory.com/attachme...1&d=1360239552
that is interesting ... i never paid any attention to it and didn't realize it showed all that information
  • #130,225
  • Feb 7, 2013 7:27am Feb 7, 2013 7:27am
Quoting sisse
Interesting for study and reference. If you put a daily chart (as most are clearly intraday trapped traders ) with both average long and short entries. You can clearly see why and where they were sucked in. Both are the bars that made the swings (low and high) and the entries were on the intraday breaks that got trapped on daily leg after ...

sisse
thanks for bringing that to my attention ... indeed
  • #130,226
  • Feb 7, 2013 7:28am Feb 7, 2013 7:28am
http://www.ecb.int/press/tvservices/...130207.en.html
Don't be a hero. Don't have an ego. Always question yourself
  • #130,227
  • Feb 7, 2013 7:30am Feb 7, 2013 7:30am
Quoting gatorinla
many are quite sure we are going up. that maybe true.. but mofus dont care. to cross one we may need to have a close below 3568.9 first. and then a close in a single candle above 3598.6... if not, then its still in a mofu..

after a lower move like yesterday, we had a normal bounce.. the bounce does not mean bulls are here.. it could be the normal bear bounce. good luck either way. atm at 3577.. the um is 3598.6
bull had a valid ej cross.. but a -126.69 erases it.. if that happens now. its a 1h 4h and 8 erase.
the eu never made the cross.
those who can, do. those who cant, talk about those who can
  • #130,228
  • Feb 7, 2013 7:34am Feb 7, 2013 7:34am
Quoting gatorinla
this h if we close ej -129.69 its probably bearish, it not bullish, probably. but it hasn't made a HH. it may lead other euro pairs.
Reversal daily/intrday in play as early as this H4 close...only ECB can change the outlook now...Let see how it goes...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #130,229
  • Feb 7, 2013 7:36am Feb 7, 2013 7:36am
I thought I was late to the party, but it seems, so is Draghi...
  • #130,230
  • Feb 7, 2013 7:38am Feb 7, 2013 7:38am
Does anyone know, who that woman two seats to the left (on-screen) is?
  • #130,231
  • Feb 7, 2013 7:41am Feb 7, 2013 7:41am
just took out ej 126.69.. need a close below now.
those who can, do. those who cant, talk about those who can
  • #130,232
  • Feb 7, 2013 7:41am Feb 7, 2013 7:41am
Quoting PayTheLimit
i'm using 3610/15, and 3465, but I'm flat this bastard..
still using these, and 3760 further up, in the yen, I'm looking at 9330 for a clue, and might look to fade a test of 9465, in the brit I'm using 5510 and 5835...good luck all, PTL..
Look Sharp/Trade Tight
  • #130,233
  • Feb 7, 2013 7:43am Feb 7, 2013 7:43am
Quoting gatorinla
just took out ej 126.69.. need a close below now.
does it translate to 3510?
  • #130,234
  • Feb 7, 2013 7:43am Feb 7, 2013 7:43am
Quoting PayTheLimit
still using these, and 3760 further up, in the yen, I'm looking at 9330 for a clue, and might look to fade a test of 9465, in the brit I'm using 5510 and 5835...good luck all, PTL..
Watch out that we have noise from the FED in parallel with early comments on cutting QE before unemployment targets ... FED may lend a hand to ECB putting a stop in the rally. ... so far nothing new from Draghi

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #130,235
  • Feb 7, 2013 7:45am Feb 7, 2013 7:45am
Quoting sisse
Reversal daily/intrday in play as early as this H4 close...only ECB can change the outlook now...Let see how it goes...

sisse
they could.. but mofus dont care, since friday ej hit its mofu.. the eu friday and the ea also topped on a predictive one. i havent checked all pairs but i posted aud and the gbp long ago.
those who can, do. those who cant, talk about those who can
  • #130,236
  • Feb 7, 2013 7:47am Feb 7, 2013 7:47am
it was beans the fart with a smell love it
  • #130,237
  • Feb 7, 2013 7:50am Feb 7, 2013 7:50am
Quoting kill56
it was beans the fart with a smell love it
Not jumping the gun yet ...like usual first few question and after that we make the final call..... Nothing particularly important so far in the comments ...

sisse

PS: this one is the question to track ....
Pending conversations? PM for a chat...I am mainly in OTM now
  • #130,238
  • Feb 7, 2013 7:50am Feb 7, 2013 7:50am
Quoting sisse
Watch out that we have noise from the FED in parallel with early comments on cutting QE before unemployment targets ... FED may lend a hand to ECB putting a stop in the rally. ... so far nothing new from Draghi

sisse

waiting for Q &A lets see

clearing some fiber looking for 3440
  • #130,239
  • Feb 7, 2013 7:52am Feb 7, 2013 7:52am
Quoting sisse
Not jumping the gun yet ...like usual first few question and after that we make the final call..... Nothing particularly important so far in the comments ...

sisse
yop lets see


wanna know what he will say about iralnd and spain
  • #130,240
  • Feb 7, 2013 7:53am Feb 7, 2013 7:53am
Yeap that was it..."euro is not appreciate" ...

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