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The Really Useless Thread

  • #134,401
  • Apr 29, 2015 12:53pm Apr 29, 2015 12:53pm
Quoting sisse
so we have the majority staying sidelined, a couple of sellers and couple of zig zag up and down.... well GL all and will see how it pans out. My view for the euro: On the fundamental side not expecting much. Only a surprise on hawkish comments will caught most the market with the pants down (short term) and will trigger a massive selloff bit these scenario looks very far from reality. ........
Crossing my fingers and toes. I'm cynical...

EU thread will shit.

FF will go offline for a few minutes

I have some questions but we'll wait till after
  • #134,402
  • Apr 29, 2015 12:59pm Apr 29, 2015 12:59pm
Quoting sisse
any takers out there for the FOMC, W/M roll ?.... sisse
whiff of hawk, I'm afraid....
"If The Fool persists in his Folly he will become wise." - William Blake
  • #134,403
  • Apr 29, 2015 1:00pm Apr 29, 2015 1:00pm
Slightly hawkish ...and nothing new ... so play accordingly ...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #134,404
  • Apr 29, 2015 1:01pm Apr 29, 2015 1:01pm
Quoting egkid
all i know i need to see this before weekend "If my view right" Technically {image}
Very good
  • #134,405
  • Apr 29, 2015 1:04pm Apr 29, 2015 1:04pm
Quoting sisse
Slightly hawkish ...and nothing new ... so play accordingly ... sisse
Ok- everything I'm good on, except this.

Quote

  1. HIKES ARE coming in September so from mid/end MAY will enter officially in RATES mode trading till the summer.


Rates mode trading? Maybe I missed something. Care to elaborate?

No rush for an answer here- if you're busy.
  • #134,406
  • Apr 29, 2015 1:04pm Apr 29, 2015 1:04pm
I saw you AllyB. Keep peeking in and saying nothing
  • #134,407
  • Apr 29, 2015 1:10pm Apr 29, 2015 1:10pm
small short from .1135 tp .1076 st 1151
  • #134,408
  • Apr 29, 2015 1:14pm Apr 29, 2015 1:14pm
moved st to be
  • #134,409
  • Apr 29, 2015 1:18pm Apr 29, 2015 1:18pm
Quoting Pharm0r
{quote} Ok- everything I'm good on, except this. {quote} Rates mode trading? Maybe I missed something. Care to elaborate? No rush for an answer here- if you're busy.
RATES mode trading (RMT ... this is my own acronym from now on) = Sell equities, sell commodities (especially gold) buy dollar and close your eyes until is over. There will be no other fundamental force, macro numbers or else that will prime over a CB about to hike.

​Basically, If you are long term buy and hold small investor is time to sleep and look somewhere else.

The strength will last until the first mini hike and thereafter it will start fading away as the final inflation and interest rate targets gets more and more clear and everybody in the economy (not only investors) can adjust portfolios and investment flows in the mid and long term ....

....and then is time to buy and hold until the peak of the economic cycle when the economy start overheating and we will start talking about rate cuts....and then will enter in rate cut mode and the story repeat itself ....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #134,410
  • Apr 29, 2015 1:23pm Apr 29, 2015 1:23pm
Quoting lfcfanatic
Thanks for taking time to explain Pharm0r and Mr Hatch.
From oanda chat suport

Tricia: Thank you for contacting OANDA. My name is Tricia. How may I help you today?
You: Hi, today I received an e-mail related to cash balance rates that will go be set at zero.
Tricia: Right
You: My doubt is if that also apply to opened positions, like for example, if I buy in may 6th a long position ZAR/JPY will I continue to receive interests?
Tricia: This only applies to interest on your balance. The interest on the trades will stay as it is now.
You: ok, thanks for your help.
...
  • #134,411
  • Apr 29, 2015 1:43pm Apr 29, 2015 1:43pm
Quoting sisse
{quote} RATES mode trading (RMT ... this is my own acronym from now on) = Sell equities, sell commodities (especially gold) buy dollar and close your eyes until is over. There will be no other fundamental force, macro numbers or else that will prime over a CB about to hike. ​Basically, If you are long term buy and hold small investor is time to sleep and look somewhere else. The strength will last until the first mini hike and thereafter it will start fading away as the final inflation and interest rate targets gets more and more clear and...
Meaning, the EU will likely visit the floor again till next rate talks next month?
  • #134,412
  • Apr 29, 2015 1:47pm Apr 29, 2015 1:47pm
Quoting sisse
{quote} ....
Thanks
  • #134,413
  • Apr 29, 2015 2:02pm Apr 29, 2015 2:02pm
Quoting palinco
{quote} Meaning, the EU will likely visit the floor again till next rate talks next month?
I think you misunderstood it, RMT will start by mid/end MAY, then EU will visit the floor again according to your statement. Please correct me guys if I'm the one who misunderstood
  • #134,414
  • Apr 29, 2015 2:18pm Apr 29, 2015 2:18pm
They didn't mention any date for the rate hikes. Does that mean the delay till September is still in play?
  • #134,415
  • Apr 29, 2015 3:18pm Apr 29, 2015 3:18pm
Whole lotta gold going on in here recently...must catch up. Good stuff, peeps!

After a bunch of chaos, I've now checked into my hotel in Vancouver. Life should be somewhat normal for a week, or so. Still on the clock...but controlled-chaos. Looking forward to reading back over some of the gems I've been able to skim.

Miss Pips...some really interesting posts.

PTL...there's a Denny's a block away. I'm going to go...well...because of you and Magix. I'll snap some food porn and post it up. I walked past today and saw a sign that said (close to)...Its Back...Enjoy a FREE Grand Slam on your birthday!

To Everyone...know a good fake ID'ist in Vancouver so I can Grand Slam it up everyday?
  • #134,416
  • Apr 29, 2015 3:34pm Apr 29, 2015 3:34pm
Quoting kenfen69
Whole lotta gold going on in here recently...must catch up. Good stuff, peeps! After a bunch of chaos, I've now checked into my hotel in Vancouver. Life should be somewhat normal for a week, or so. Still on the clock...but controlled-chaos. Looking forward to reading back over some of the gems I've been able to skim. Miss Pips...some really interesting posts. PTL...there's a Denny's a block away. I'm going to go...well...because of you and Magix. I'll snap some food porn and post it up. I walked past today and saw a sign that...
flys into a new country, then flys across that country, then flys into another new country....all in the same two weeks and you say life should be somewhat "normal" good lord!

Dennys is hardly food-porn
  • #134,417
  • Apr 29, 2015 3:40pm Apr 29, 2015 3:40pm
Quoting Magicmen
{quote} 127x not in my radar. Will you please share what's the significant of it?
that's where "greece floor" was set before the swing down to 1.04xx had occured... going through would open whole new levels and unvalidate the next swing down upon rate hikes pricing in the next few months ...my 2 cents..

hoom.
Get Rich or Die Tryin
  • #134,418
  • Apr 29, 2015 4:00pm Apr 29, 2015 4:00pm
....and surprise surprise ....we rolled as expected with 1.112x in play. Nothing new to do until the M/W roll combo. Same levels, same trades, same all...

Quoting sisse
For the actual flows

  1. There is not much left. Bastards rode the meat of the meat before the noise but without surprises on the FOMC (otherwise is a one leg to yearly low in hours) the simple technical plays for the M/W rolls are the ones in action:
  2. 1.112x only level to track for the daily close for a simple play to 1.121x with extension (exhaustion leg) to 1.128x.
  3. Failure to hold 1.112x will open limited but fast retrace to 1.105x with max extension to the low of handle until the W/M roll...

Quoting ws121
{quote} I think you misunderstood it, RMT will start by mid/end MAY, then EU will visit the floor again according to your statement. Please correct me guys if I'm the one who misunderstood
This is not a process that start on an exact time and date!!! Its just a very important information you need to have in the FA background for whatever you are planning to invest/trade. It will start in the next few weeks and any sane trader has to be aware of it ...

Fighting hikes is choosing the pattern of MORE resistance and as you know we look for EXACTLY the opposite when trading.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #134,419
  • Apr 29, 2015 4:07pm Apr 29, 2015 4:07pm
Dear sisse..Thx for your info and analysis.

Please I want to ask you..do you expect more up in eurusd? Or the down move will start here?

Thank you
  • #134,420
  • Apr 29, 2015 4:14pm Apr 29, 2015 4:14pm
Quoting mohwazzan
Dear sisse..Thx for your info and analysis. Please I want to ask you..do you expect more up in eurusd? Or the down move will start here? Thank you
excuse me but your question is .... try to read again his posts , if you really understand it .. you would never pose such question !

no offense... GL in trading

hoom
Get Rich or Die Tryin
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