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The Really Useless Thread

  • #132,481
  • Apr 9, 2013 9:21am Apr 9, 2013 9:21am
Quoting AllyB
what makes you think that?
Par for the course... big move day, followed by rangey day. Looks like we need a retest of 3020'ish area to continue up.
  • #132,482
  • Edited 9:44am Apr 9, 2013 9:23am | Edited 9:44am
Why do I love counter trending so much... lol. Popped a short into 3096 for a few.

Edit: 12 good enough for now.
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  • #132,483
  • Apr 9, 2013 9:26am Apr 9, 2013 9:26am
Quoting Venice
Par for the course... big move day, followed by rangey day. Looks like we need a retest of 3020'ish area to continue up.

thanks, that makes sense
  • #132,484
  • Apr 9, 2013 9:55am Apr 9, 2013 9:55am
Quoting AllyB
what makes you think that?

nothing on the calendar of importance tomorrow except FOMC minutes
" Never let the past hold the future to ransom "
  • #132,485
  • Apr 9, 2013 2:10pm Apr 9, 2013 2:10pm
can a beavers bollock really make perfume !!!
  • #132,486
  • Apr 9, 2013 5:21pm Apr 9, 2013 5:21pm
Quoting chazzle
GA W1 now into GBP AUD long on this pullback {image}
I think it's a no no now isn't it?
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  • #132,487
  • Apr 9, 2013 6:58pm Apr 9, 2013 6:58pm
Quoting Tom_D_Trader
Sry for that. I am trying to compress all my thoughts in single post, as when try to describe reasons for my trades, it usually ends up as essay. So, whats the thinking? Thats just the way I trade. I need to digest loads of informations before I decide to trade. You can call that overanalyzing. I am simply not able to react fast enough to scalp or even hold trades for a week or so. So am catching swing moves which last for like half a year. And, well, I am going to simplify it, but I just expect FED to engage in such a massive can kicking and print...
my two cents...

qe and therefore usd strength/weakness sentiment is likely to change more often than bernanke changes his underpants over the coming year...

gl with da trade...
  • #132,488
  • Apr 9, 2013 7:00pm Apr 9, 2013 7:00pm
Quoting Venice
Why do I love counter trending so much... lol. Popped a short into 3096 for a few. Edit: 12 good enough for now. {image}
shorted the same level on my iphone, whilst on my dinner break at work for a few...
the better play was going long for the break around ny open time, chickened out @ 3060 for +20...

looks like we got your hh, but when will the rally run out of steam?

although short term i think that fomc could add to usd weakness...

hmmm, buy the rumour sell the news??? e/u has had a pretty good run so far with no serious profit taking...
  • #132,489
  • Apr 9, 2013 7:40pm Apr 9, 2013 7:40pm
Quoting FibbinArchie
shorted the same level on my iphone, whilst on my dinner break at work for a few... the better play was going long for the break around ny open time, chickened out @ 3060 for +20... looks like we got your hh, but when will the rally run out of steam? although short term i think that fomc could add to usd weakness... hmmm, buy the rumour sell the news??? e/u has had a pretty good run so far with no serious profit taking...
Yep. Now the question is when do we establish a bottom range and then test it. I hate when things run like this... although, to be fair, I did have a signal on the daily (for the retrace)... but this was way beyond expectations. Your right as well, doesn't look like much profit taking so far. I'll just be scalping until a new HL can be established and go from there.

Or who knows. In usual e/u screwiness... we may just end up completely crashing through demand when the next 'crisis' starts.
  • #132,490
  • Apr 10, 2013 2:40am Apr 10, 2013 2:40am
bulls need to close above 38.2 retracement @3117...
  • #132,491
  • Edited 2:52am Apr 10, 2013 2:42am | Edited 2:52am
Quoting Venice
Yep. Now the question is when do we establish a bottom range and then test it. I hate when things run like this... although, to be fair, I did have a signal on the daily (for the retrace)... but this was way beyond expectations. Your right as well, doesn't look like much profit taking so far. I'll just be scalping until a new HL can be established and go from there. Or who knows. In usual e/u screwiness... we may just end up completely crashing through demand when the next 'crisis' starts.
fundies are supporting the rally, with fomc later for a potential pop, but lets c...

market is long till it ain't... trend is my friend and all that bs...
  • #132,492
  • Apr 10, 2013 2:19pm Apr 10, 2013 2:19pm
Quoting cohiba pips
screw cyprus 1.32 is on the cards {image}

i got it wrong fibby
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  • #132,493
  • Apr 10, 2013 6:36pm Apr 10, 2013 6:36pm
Quoting cohiba pips
i got it wrong fibby {image}
snap on the adr indi, but who the f@ck is peter d??
  • #132,494
  • Apr 10, 2013 11:52pm Apr 10, 2013 11:52pm
Quoting FibbinArchie
snap on the adr indi, but who the f@ck is peter d??
Don't have a scooby mate, trust you
  • #132,495
  • Apr 11, 2013 5:38am Apr 11, 2013 5:38am
3 up 1 down

morning ...
  • #132,496
  • Apr 11, 2013 5:58am Apr 11, 2013 5:58am
Quoting 2046
with crossing above 3080 now 3136 may be a further level up. still waiting for the bearish divergence to play out but D1 candle will produce a weak bullish Tenkan-Kijun cross with confirmation from chikou span - and thats a bullish signal
morning Ally - how are you today.

seen a moderate bullish move today with HH earlier and Res from d1 kumo arund 3136 as outlined above. EU might find support around 3105 and if we break lower at 308x.
  • #132,497
  • Apr 11, 2013 5:59am Apr 11, 2013 5:59am
Quoting AllyB
3 up 1 down morning ...
Is the Pope a Catholic?

howdy partner
" Never let the past hold the future to ransom "
  • #132,498
  • Apr 11, 2013 6:10am Apr 11, 2013 6:10am
Quoting Gleneagles
Is the Pope a Catholic? howdy partner
hey there ... how you doing? staying away from EJ today

you trading?
  • #132,499
  • Apr 11, 2013 6:25am Apr 11, 2013 6:25am
Quoting AllyB
hey there ... how you doing? staying away from EJ today you trading?
yup......

3 x 12 so far

and short EY (check correlation on 5M)
" Never let the past hold the future to ransom "
  • #132,500
  • Apr 11, 2013 6:28am Apr 11, 2013 6:28am
EY
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" Never let the past hold the future to ransom "
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