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The Really Useless Thread

  • #131,581
  • Mar 17, 2013 2:04pm Mar 17, 2013 2:04pm
Oanda opens to a 150 pip drop $E....... something tells me this gap ain't closing tonight?
  • #131,582
  • Mar 17, 2013 2:58pm Mar 17, 2013 2:58pm
Quoting auxesis
Oanda opens to a 150 pip drop $E....... something tells me this gap ain't closing tonight?
Wtf open on the news. It forced us to open the charts even on Sunday...looks nasty but 1.286x held and is nothing to see until Europe wakes up in a few hours.

Contagion, risk and panic flirting again in the EZ and TA is in critical support. That move opened the chance of 1.277x as early as London if panic spreads on the European session...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #131,583
  • Mar 17, 2013 3:09pm Mar 17, 2013 3:09pm
Quoting gatorinla
oh.... 3040 is a good one if we bounce,, but the ej near 2430... so we can drop...... all that has us is the eu. 2909 area. ... but its also support area.

since we did consolidate here... a break st is indicating 2781... i just rather a bounce to 3040 ish, with the consolidation a bounce is not needed.
wow, what a surprise.
those who can, do. those who cant, talk about those who can
  • #131,584
  • Mar 17, 2013 3:22pm Mar 17, 2013 3:22pm
Wow. and I was really considering closing my shorts out Friday because of the goofiness of the markets last week. Well, I guess this is what it takes to get them moving.
  • #131,585
  • Mar 17, 2013 3:28pm Mar 17, 2013 3:28pm
Quoting gatorinla
2894 was the old one missed. 2869 is a mid for 2781...
as long as we dont reach above thurs/Fridays high much.

3710-2909 =801 ...25% of that is near Fridays high or about 200 pips.. if we bounce once more now , ditto this, and look for bull weakness. although i prefer 3197.. we have to take whats given. if we do break Fridays high after reaching 2894 then 3197 may be the one..
the rail on the month is still lower with the locational bounce. 2894 is a missed norm... and a very bearish one for tht 2009 low, its sequence is sub 1876. we reached the last bull norms missed at 3594 and 3994... we dropped right after at 37xx LM...

lets see what happens at 2894? sometimes we bounce at a norm to the pip. it dont change things.

bbl off to taunt my friends who follow Goldman calls.
those who can, do. those who cant, talk about those who can
  • #131,586
  • Mar 17, 2013 5:39pm Mar 17, 2013 5:39pm
Quoting gatorinla
if we had already hit 2987 after we hit 2802.. bears would be in better shape. it would be time to look for weakness. we built a launchpad when we missed it the first time yesterday. we still can hit 87 and form a dt.. but 2802 has to be taken out.. on the norm attempt back to 2887.. it could happen if 87 contains it.. it dont have to get 87, just a attempt may be enough being this is the second time. 72 is there..
boj fucked this up... this was where we should have stopped. after last summers bounce, the current low today.
those who can, do. those who cant, talk about those who can
  • #131,587
  • Mar 17, 2013 7:31pm Mar 17, 2013 7:31pm
a little bit of perspective...

Cyprus accounts for less than 0.25% of euro zone GDP...
  • #131,588
  • Mar 17, 2013 7:59pm Mar 17, 2013 7:59pm
Quoting FibbinArchie
a little bit of perspective...

Cyprus accounts for less than 0.25% of euro zone GDP...
Precedent.... Bad optics...
  • #131,589
  • Mar 17, 2013 11:02pm Mar 17, 2013 11:02pm
G M junkiessssss

what a night

fiber eye at 2870's if it holds , we might bounce to 2960's , in the main time the door is wide open for 2600's ,

cable still eye on the 4900's ,but the bitch is crazy , lets see what london does

dont u love Cyprus
  • #131,590
  • Mar 18, 2013 12:05am Mar 18, 2013 12:05am
Quoting FibbinArchie
a little bit of perspective...

Cyprus accounts for less than 0.25% of euro zone GDP...
It's not Cyprus they are worried about tho.

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  • #131,591
  • Mar 18, 2013 2:22am Mar 18, 2013 2:22am
Europe digesting the knee jerk reaction.

Big money in Cyprus (rich people, big companies and foreign big Russian money specially) were already out of Cyprus months ahead of this. Only the average Joe (typical and like usual unfair in this circumstances) is getting hit so not expect much after the initial knee jerk reaction that can extend as low as 1.277x depending if the short term reaction carry risk off in the US. Gold to 164x will make me happy (@ kill...)

In my reading, the news reading is not via Cyprus impact (micro economy and crumbs EU wise) but in the way they are making the average depositor pay the price. Those can have "moral tails" that can trigger panic on the next Italian or Spanish sneeze ...that's the real issue ... the rest as mentioned is just knee jerk reaction so trading accordingly.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #131,592
  • Mar 18, 2013 2:58am Mar 18, 2013 2:58am
Quoting sisse
Europe digesting the knee jerk reaction.

Big money in Cyprus (rich people, big companies and foreign big Russian money specially) were already out of Cyprus months ahead of this. Only the average Joe (typical and like usual unfair in this circumstances) is getting hit so not expect much after the initial knee jerk reaction that can extend as low as 1.277x depending if the short term reaction carry risk off in the US. Gold to 164x will make me happy (@ kill...)

In my reading, the news reading is not via Cyprus impact...
God damn, you never told me, you're into mofus as well. 2778 is a lower one
2975 is the upper one, 2971 is upper m of that gap.
  • #131,593
  • Mar 18, 2013 3:01am Mar 18, 2013 3:01am
Quoting sisse
In my reading, the news reading is not via Cyprus impact (micro economy and crumbs EU wise) but in the way they are making the average depositor pay the price. Those can have "moral tails" that can trigger panic on the next Italian or Spanish sneeze ...that's the real issue ... the rest as mentioned is just knee jerk reaction so trading accordingly.

sisse
I just read the demand of Merkel to make the bank customers participate via the savings-tax, or whatever this is going to be called. This is a very telling development from my point of view.
The German media is full of stories to prepare the public to side with politics in this case, aka known as "anti-greed-"propaganda...
  • #131,594
  • Mar 18, 2013 3:25am Mar 18, 2013 3:25am
what time is V Puttin going to invade Cypress? anyone have a schedule?
those who can, do. those who cant, talk about those who can
  • #131,595
  • Mar 18, 2013 3:30am Mar 18, 2013 3:30am
Quoting FibbinArchie
a little bit of perspective...

Cyprus accounts for less than 0.25% of euro zone GDP...
what will the people who control Russia say about them taking their money.
those who can, do. those who cant, talk about those who can
  • #131,596
  • Mar 18, 2013 3:37am Mar 18, 2013 3:37am
Quoting sisse
Europe digesting the knee jerk reaction.

Big money in Cyprus (rich people, big companies and foreign big Russian money specially) were already out of Cyprus months ahead of this. Only the average Joe (typical and like usual unfair in this circumstances) is getting hit so not expect much after the initial knee jerk reaction that can extend as low as 1.277x depending if the short term reaction carry risk off in the US. Gold to 164x will make me happy (@ kill...)

In my reading, the news reading...
nice how is u weekend bro

but i think we need to visit 1570's befor the 1640's any way and how i am in from down below so fook it ,would love to see 1640 befor


fiber 2628 is my old level and i'll be mad if we dont hit the soker but 2770's not too bad too
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  • #131,597
  • Mar 18, 2013 3:38am Mar 18, 2013 3:38am
Quoting gatorinla
what time is V Puttin going to invade Cypress? anyone have a schedule?

after me he will come the soker have some cash
  • #131,598
  • Mar 18, 2013 3:41am Mar 18, 2013 3:41am
Quoting kill56
after me he will come the soker have some cash
he went to Georgia over less..
those who can, do. those who cant, talk about those who can
  • #131,599
  • Mar 18, 2013 3:45am Mar 18, 2013 3:45am
Quoting gatorinla
he went to Georgia over less..
the soker have balls and the power to do it , but not this year
  • #131,600
  • Mar 18, 2013 5:00am Mar 18, 2013 5:00am
Quoting Mr Hatch
God damn, you never told me, you're into mofus as well. 2778 is a lower one
2975 is the upper one, 2971 is upper m of that gap.
Last break out you meant? ... ...lol.. Well as I always said to you. when Mofus are in congruences with S/R levels we are usually in the same page .... lol ..really I clearly see what you mean.

Quoting Mr Hatch
I just read the demand of Merkel to make the bank customers participate via the savings-tax, or whatever this is going to be called. This is a very telling development from my point of view.
The German media is full of stories to prepare the public to side with politics in this case, aka known as "anti-greed-"propaganda...
Agree it could be a major development. The moral hazard this bailout is introducing is something to track closely. Especially during the next crisis episode in Spain (we will have it) or Italy.

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