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The Really Useless Thread

  • #131,061
  • Feb 26, 2013 6:20am Feb 26, 2013 6:20am
Quoting USD-Bear
morning, 10.405 is the pivot unless volume today is higher, then we have to wait another day, let's see....

USDOLLAR D1:
Attachment
no clear direction yet
USDOLLAR M15:
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Don't be a hero. Don't have an ego. Always question yourself
  • #131,062
  • Feb 26, 2013 6:23am Feb 26, 2013 6:23am
anyone into Bunds?
considering a short @ 145

Bund D1:
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Don't be a hero. Don't have an ego. Always question yourself
  • #131,063
  • Feb 26, 2013 7:48am Feb 26, 2013 7:48am
EY maintaining 50 pip dustbin levels

pulling the plug before BB

PA is starting to get messy and choppy
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" Never let the past hold the future to ransom "
  • #131,064
  • Feb 26, 2013 7:59am Feb 26, 2013 7:59am
Quoting Gleneagles
EY maintaining 50 pip dustbin levels

pulling the plug before BB

PA is starting to get messy and choppy
Howdy

i grabed a nice trade on EJ yesterday after NY closed so that was nice

had a house guest so didn't trade till then and could not believe the 649 pip range on EJ!!!

that was much better than this morning has been but not giving up yet

you sure make the 50 pip dustbin levels look easy to trade but i haven't found that to be true for me anyway

enjoy your day and will catch you later
  • #131,065
  • Feb 26, 2013 8:11am Feb 26, 2013 8:11am
Quoting AllyB
Howdy

i grabed a nice trade on EJ yesterday after NY closed so that was nice

had a house guest so didn't trade till then and could not believe the 649 pip range on EJ!!!

that was much better than this morning has been but not giving up yet

you sure make the 50 pip dustbin levels look easy to trade but i haven't found that to be true for me anyway

enjoy your day and will catch you later
howdy..

try 15m chart

EY dustbins are tough to trade because of the size of 5M candles

i try to stick to correlation trades where EU and Yen support the direction

it makes for lower risk trades and almost guaranteed huge range
" Never let the past hold the future to ransom "
  • #131,066
  • Feb 26, 2013 8:16am Feb 26, 2013 8:16am
Quoting Gleneagles
howdy..

try 15m chart

EY dustbins are tough to trade because of the size of 5M candles

i try to stick to correlation trades where EU and Yen support the direction

it makes for lower risk trades and almost guaranteed huge range
i'll try that and let you know how it goes

i do watch both pairs and actually trade more on EU than EJ just because i am more comfortable with the PA on it

i love the range on EJ but i don't seem to take full advantage of it. i am always thinking it can't keep going but it does LOL
  • #131,067
  • Feb 26, 2013 9:57am Feb 26, 2013 9:57am
added a GU long @ 1.5116 with very tight stop

GU M15:
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Don't be a hero. Don't have an ego. Always question yourself
  • #131,068
  • Feb 26, 2013 10:16am Feb 26, 2013 10:16am
Quoting sisse
Not sure about that one on Gold Mate. I have strong consolidation range and the one I am looking for with M/W swing is to the failure on the downside for a extended push up. I am neutral there as long as those last lows are not tested again. They still look feeble... Also on the FA side, we have risk (short term) via Italy and US budget cuts and more importantly mid term inflation across the world is starting to knock the door very soon with all the mad QE's...



Strong selloff on the close.... just by experience ignoring daily close given W/M...
bb on the tube.
1610.4Lm 11.11m 12.18um are mids... for the st to 1620.16.. the larger at 1625.69... with bb who knows.. but it looks like it wants 1620.16 min in the st.
those who can, do. those who cant, talk about those who can
  • #131,069
  • Feb 26, 2013 10:20am Feb 26, 2013 10:20am
BB, please stop talking
Don't be a hero. Don't have an ego. Always question yourself
  • #131,070
  • Feb 26, 2013 10:23am Feb 26, 2013 10:23am
Quoting kill56
no way a homo is a homo

working hard on the rigs i'd say - lol


http://lunardream.files.wordpress.co...4/dsc00286.jpg
  • #131,071
  • Feb 26, 2013 10:24am Feb 26, 2013 10:24am
ej not there yet, but on the edge to committing to 117.03.. if it commits a s after a bounce is safer. 121.30/31 is the yr1.. we stopped there at 121.34 last H bounce since new low. .
those who can, do. those who cant, talk about those who can
  • #131,072
  • Feb 26, 2013 10:28am Feb 26, 2013 10:28am
Quoting gatorinla
ej not there yet, but on the edge to committing to 117.03.. if it commits a s after a bounce is safer. 121.30/31 is the yr1.. we stopped there at 121.34 last H bounce since new low. .
http://www.forexfactory.com/attachme...1&d=1361858093114.5 is a mid with pp at 107
those who can, do. those who cant, talk about those who can
  • #131,073
  • Feb 26, 2013 10:37am Feb 26, 2013 10:37am
Quoting gatorinla
ej not there yet, but on the edge to committing to 117.03.. if it commits a s after a bounce is safer. 121.30/31 is the yr1.. we stopped there at 121.34 last H bounce since new low. .
after the quickie of that poke under 119 she appears ready.. we have the signature 2 humps. a smaller one to the right may develop. selling the highs/weakness myself. 120.02 is not usually a bad place to wait for. that poke was made as bb was talking.. that's rare. so evidently he is not qe-ing so much
those who can, do. those who cant, talk about those who can
  • #131,074
  • Feb 26, 2013 10:38am Feb 26, 2013 10:38am
Quoting gatorinla
bb on the tube.
1610.4Lm 11.11m 12.18um are mids... for the st to 1620.16.. the larger at 1625.69... with bb who knows.. but it looks like it wants 1620.16 min in the st.
Trying to digest BB but was not that clear this time. Flirted with both (QE vs No QE) sides... IMO, this mark a change and official change from the FED from openly weak dollar (via QE) to the typical Bs play to both sides that will be easy to read from now...better macro US numbers on risk on stronger dollar and the opposite,etc ... the unemployment cap to take out QE looks like a random line in the sand now...

In any case, largest rally in Gold in quite a while. 1641,xx naked and wide open...now the bitch is looking for an entry (if the bastards leave one).... Italian circus keep ruling the headlines until the political "experts" decode what is the outcome and next stage in the stalemate...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #131,075
  • Feb 26, 2013 10:43am Feb 26, 2013 10:43am
eu 2980 is a st target.. ypp at 2909.. missed pip at 2894
those who can, do. those who cant, talk about those who can
  • #131,076
  • Feb 26, 2013 10:49am Feb 26, 2013 10:49am
Quoting sisse
Trying to digest BB but was not that clear this time. Flirted with both (QE vs No QE) sides... IMO, this mark a change and official change from the FED from openly weak dollar (via QE) to the typical Bs play to both sides that will be easy to read from now...better macro US numbers on risk on stronger dollar and the opposite,etc ... the unemployment cap to take out QE looks like a random line in the sand now...

In any case, largest rally in Gold in quite a while. 1641,xx naked and wide open...now the bitch is looking for an entry (if the bastards...
would the common man vote for the guy who added 9 years more till he retires? who what where, the reason dont matter. would the common man vote for the one who added the time?

now will the other members in the union follow with a yes or no in their elections?
those who can, do. those who cant, talk about those who can
  • #131,077
  • Feb 26, 2013 10:59am Feb 26, 2013 10:59am
looks like the populist will be running all over the e-zone, and some may win. it dont take but just a few to win. Italy is #3.. and it is big enough to sink the ship.
those who can, do. those who cant, talk about those who can
  • #131,078
  • Feb 26, 2013 11:04am Feb 26, 2013 11:04am
Quoting gatorinla
bb on the tube.
1610.4Lm 11.11m 12.18um are mids... for the st to 1620.16.. the larger at 1625.69... with bb who knows.. but it looks like it wants 1620.16 min in the st.
close.. but missed by .21 $.. it may want those pennies. 1619.88 was another..
Attached Image
those who can, do. those who cant, talk about those who can
  • #131,079
  • Feb 26, 2013 11:14am Feb 26, 2013 11:14am
hehe, BB is done talking, not that he said much.......
Don't be a hero. Don't have an ego. Always question yourself
  • #131,080
  • Feb 26, 2013 11:24am Feb 26, 2013 11:24am
Chart of the Day

... enjoy
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