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The Really Useless Thread

  • #134,661
  • May 5, 2015 8:10pm May 5, 2015 8:10pm
Quoting Magix
{quote} That's kinda fuckin harsh, dude.... He/She...(whatever)...says their piece, posts a chart and carries on... Whether you agree or disagree...well, that's the actual benefit of a forum. Ya see...whenever somebody says something, be it fundamentally or technically, it allows you to strengthen your conviction in your own opinion. They can be the devils advocate, or they can be the voice of confirmation and through a little chatter, you increase your idea on positioning. Everybody knows I am an asshole...really, it's just a game I like to play....




nothing to add


ahhhh, one thing: you are surly no asshole (I learned over time )
  • #134,662
  • May 5, 2015 8:19pm May 5, 2015 8:19pm
Quoting Pharm0r
I will attest- having read the thread back to front- Magix has gone soft.
Nah...I'm fucking hammered!

Quoting infinitus
you are surly no asshole (I learned over time )
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #134,663
  • May 5, 2015 8:23pm May 5, 2015 8:23pm
And now...

A word from our sponsor!

El Gappo!
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #134,664
  • May 5, 2015 9:13pm May 5, 2015 9:13pm
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  • #134,665
  • May 5, 2015 9:49pm May 5, 2015 9:49pm
maybe some R in the aussie at 8027...
Look Sharp/Trade Tight
  • #134,666
  • May 5, 2015 9:51pm May 5, 2015 9:51pm
[quote=MissPips;8244919]{quote} Ah ha. Now I see what you are saying and agree. (missed this before). But, given that rates mode is not always in play, you must have some reasons for thinking that this is going to be one of the times that it will be. Would you mind explaining why you think that?[/quote

Again this question most definitely merit an answer becos if the answer is a right one then its definitely a game changer with a very positive and enriching practical impact and not merely a usual rhetorical one.

GS.
  • #134,667
  • May 5, 2015 10:02pm May 5, 2015 10:02pm
and perhaps some R to be had in the euro at 1.1248...
Look Sharp/Trade Tight
  • #134,668
  • May 6, 2015 1:20am May 6, 2015 1:20am
Quoting sisse
{quote} In general, for reference in any currency: hikes alone, you sell expectations and "buy the fact" [in equities] ... the opposite for the underlying currency [buy expectations, "sell the fact"].... Most of Europe on holiday and London about to pack for a long weekend (Monday holiday) so nothing to see until NY. For the look of charts across the board, the main moves were already decided and digested in the last few days so expecting a very dull day until the close. sisse
im really curious on which time Rates Mode Trading (RMT) is officially in play. Whats the key point to "confirmed" it is on air, US Equities in downtrend?

By the yesterday US trade balance data, i dont know which is increasing and/or decreasing in number (export and import), but by high value of USD, export seems decreasing that we ended up with more deficit (-50b). If RMT in play which favor in USD, is it bring more disaster to US economy in export sector? Ressesion started and Fed will keep waiting till normal in simple words, further postphone of hike?
  • #134,669
  • May 6, 2015 1:31am May 6, 2015 1:31am
Quoting Pharm0r
I will attest- having read the thread back to front- Magix has gone soft.
He has hasn't he? Started back about that Christmas donation thread I think. Kinda suits him though...
  • #134,670
  • May 6, 2015 2:26am May 6, 2015 2:26am
Quoting Sants
...If RMT in play which favor in USD, is it bring more disaster to US economy in export sector? Ressesion started and Fed will keep waiting till normal in simple words, further postphone of hike?
Disaster, recession, etc... mate? what are you taking about? .... You are going a bit overboard...

In any case, about time we get some short term reports today in a classical pre NFP environment after the last shake out in the euro. Month officially starts today across the board.

Dollar aligning to form a wide consodolidation range before hikes enter in play in full force that will translate in wide chop zones across all dollar pairs. Expecting a short circuit in US macro numbers (especially in employment) back to the main positive mean trends in the upcoming US numbers.

On the other major, euro keeps printing consistent positive numbers and QE is starting to impact more and more in the macro numbers especially in the periphery with Spain starting to show important macro positive changes and bond markets in volatile mode.

For the eur/usd, bulls are starting to cough at the highs after quite a decent rally last month. Until US reports and NY a breach to the 1.13xx handle wide open on minions and "early bears" stops getting hit above 1.126x but the real deal come with NFP later this week to confirm a wide range in play.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #134,671
  • May 6, 2015 2:35am May 6, 2015 2:35am
Quoting hoom
To be honest , Misspips add no value to trading through her academic blablabla , and it's annoying the way she argue with Sisse on the matter ... another thing ... her country says it all ... you can attack me ..say whatever you want , but no one can hide the truth ... I regret but am out if this continue ! hoom.
Nonsense.....
  • #134,672
  • May 6, 2015 2:37am May 6, 2015 2:37am
Quoting sisse
{quote} Disaster, recession, etc... mate? what are you taking about? .... You are going a bit overboard... In any case, about time we get some short term reports today in a classical pre NFP environment after the last shake out in the euro. Month officially starts today across the board. Dollar aligning to form a wide consodolidation range before hikes enter in play in full force that will translate in wide chop zones across all dollar pairs. Expecting a short circuit in US macro numbers (especially in employment) back to the main...
Export boys are getting sick of high value of USD and when Fed really hikes, isnt it be another problem for exporter due to higher value of USD?

Recently read your latest posts and i figure out that we're trading expectation not fact, isnt it the time to expect the Fed hike? or when the time is? What kind of indicator to confirmed the hike expectation "enter the market" especially in EURUSD.

edit: Previously, you mentioned it we will enter RMT on Mid/End of May, may i know why you figure out that way?
  • #134,673
  • May 6, 2015 2:52am May 6, 2015 2:52am
Quoting Sants
{quote} Export boys are getting sick of high value of USD and when Fed really hikes, isn't it be another problem for exporter due to higher value of USD?...
I see what you mean... sure exporters will have to stand a long run with strong dollar. Definitively US export sector crying wolf is one of the key factors to track next year when we pass all the hikes....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #134,674
  • May 6, 2015 3:22am May 6, 2015 3:22am
Quoting sisse
{quote} Disaster, recession, etc... mate? what are you taking about? .... You are going a bit overboard... In any case, about time we get some short term reports today in a classical pre NFP environment after the last shake out in the euro. Month officially starts today across the board. Dollar aligning to form a wide consodolidation range before hikes enter in play in full force that will translate in wide chop zones across all dollar pairs. Expecting a short circuit in US macro numbers (especially in employment) back to the main positive mean...
Thank you Sisse for your analysis!

Can you please elaborate on a wide range here? If NFP is a positive print, I can only see a wide downside in play. Unless NFP is a bad one again, it might open more upper range, but max 1.15 level in my opinion.
What do you see the range from a FA point of view?

Thank you!
  • #134,675
  • May 6, 2015 4:09am May 6, 2015 4:09am
Quoting Rockerzeus
1.1237 short, next one 1.1286 if it will reach there.
1.1237 switched with 1.1262 and 1.1237 closed at 1.1230. Still holding 1.1282.
  • #134,676
  • May 6, 2015 5:52am May 6, 2015 5:52am
Quoting sisse
{quote} Disaster, recession, etc... mate? what are you taking about? .... You are going a bit overboard... In any case, about time we get some short term reports today in a classical pre NFP environment after the last shake out in the euro. Month officially starts today across the board. Dollar aligning to form a wide consodolidation range before hikes enter in play in full force that will translate in wide chop zones across all dollar pairs. Expecting a short circuit in US macro numbers (especially in employment) back to the main positive mean...
Hello sissie,

can you more explain this sentence?

Dollar aligning to form a wide consodolidation range before hikes enter in play in full force that will translate in wide chop zones across all dollar pairs.

Do you mean that once hikes enter in play in full force there shall be a wide chop zones as a consequence? I may miss-read the sentence. Cuz this way it does not make sense as far as I was following your previous posts. I would expect bullish dolar as a an effect of RTM.

Plus one more question. This idea of RTM: how would you define the begging of that? Does it need a fundamental trigger? e.g. really good emplyment numbers?

Thank you very much
  • #134,677
  • May 6, 2015 6:31am May 6, 2015 6:31am
My analysis still shows EU is heading back to 1.097xx before any major significant bull that could take us to 1.2xx
  • #134,678
  • May 6, 2015 6:56am May 6, 2015 6:56am
Quoting palinco
My analysis still shows EU is heading back to 1.097xx before any major significant bull that could take us to 1.2xx
I keep seeing people calling 1.2 level. I mean, technically, maybe yes, I don't know. I am not a pro in TA.
But the FA is very very prone to the down side at the moment. Especially we are not yet in June...1.2 might be in play after the actual announcement of hike...don't you think? They didn't take June off the table btw, althought market expects Sep...but I somehow feel FED is getting a bit "impatient"...if they really delay it too long, they might get manipulated by the "data"/market again. FED decides it is forward looking and the leadership role is getting weaker and weaker with all these changes of their minds and languages...An authority needs to hold its authoritative position...at least common sense says so...
  • #134,679
  • May 6, 2015 7:28am May 6, 2015 7:28am
planning EU/AU shorts if 11.746 resists

USDOLLAR D1:
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Don't be a hero. Don't have an ego. Always question yourself
  • #134,680
  • May 6, 2015 7:31am May 6, 2015 7:31am
Quoting Shunyi
{quote} I keep seeing people calling 1.2 level. I mean, technically, maybe yes, I don't know. I am not a pro in TA. But the FA is very very prone to the down side at the moment. Especially we are not yet in June...1.2 might be in play after the actual announcement of hike...don't you think? They didn't take June off the table btw, althought market expects Sep...but I somehow feel FED is getting a bit "impatient"...if they really delay it too long, they might get manipulated by the "data"/market again. FED decides it is forward looking and the leadership...
I think it will go towards 1.2xx just to create some false impression that the bull has come to stay. Then it will fall towards parity
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