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The Really Useless Thread

  • #140,521
  • Edited 12:40pm May 18, 2016 8:52am | Edited 12:40pm
+Table closed+

A very unbalance table ...makes you wonder how its going to pan out this time .... In any case, GL trading live. Eyes on OIL first a double whammy today is enough to crack the highs and unlock the exhaustion...updadtes later.

sisse

IN


-> LMT BUY 1.129x -> TP1 => 1.135x | TP1 => 1.149x | STP => 1.123x | max r:r -=> 4:1

Earleone

hoom

TuTang


No touch (till W close) | 1.139x or 1.119x | max r:r -=> 4:1

suntan

gazpacho

Fadhl

PAStalker

Vorex

workingforex

eborn


-> LMT SELL 1.129x -> TP1 => 1.123x | TP1 => 1.109x | STP => 1.135x | max r:r -=> 4:1

clayjay

chester123

chronical

IMARICH1

mayafx

goosebone

sanvulture

CommercialB

Oshomac

Pending conversations? PM for a chat...I am mainly in OTM now
  • #140,522
  • May 18, 2016 8:52am May 18, 2016 8:52am
Quoting sisse
A rather soft day across the board.... Oil keep grinding the highs without a decisive break. In the currency board only Euro and Sterling flirting to take the driver seat (as its expected they do in the next few weeks) while the rest waiting for Dollar via the FED minutes later with NY. Euro sitting in a great area for the next iteration in the thread. I hope nobody following the iterations is surprised that we are sitting 1.128x for today. ----------------------------------------------------------------------------------------------------------------------------------------------------------------...
Lmt buy 1.129
  • #140,523
  • May 18, 2016 8:54am May 18, 2016 8:54am
omg thats 1 second late ..... Can u still count me in please, Sisse?
  • #140,524
  • May 18, 2016 8:55am May 18, 2016 8:55am
Quoting sisse
No touch (till W close) | 1.139x or 1.119x | max r:r -=> 4:1
No touch for me
  • #140,525
  • May 18, 2016 9:04am May 18, 2016 9:04am
I will vouch for you guys.....price is still at .1275 and not below so if you want in I am okay with it as a participant in this exercise but its sisse's call. I just wanted to say I am okay with it.
  • #140,526
  • May 18, 2016 9:09am May 18, 2016 9:09am
I know I am late but I will go with

No touch (till W close) | 1.139x or 1.119x | max r:r -=> 4:1

and more towards buying the lows
  • #140,527
  • May 18, 2016 9:14am May 18, 2016 9:14am
Quoting Pharm0r
{quote} i have a pending 4198
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 22 KB
  • #140,528
  • May 18, 2016 9:43am May 18, 2016 9:43am
Hi Sisse,

Since we're still above 1.128x, is it possible to join?

-> LMT SELL 1.129x -> TP1 => 1.123x | TP1 => 1.109x | STP => 1.135x | max r:r -=> 4:1
  • #140,529
  • May 18, 2016 10:41am May 18, 2016 10:41am
Quoting Don96
{quote} {image}
why close?
  • #140,530
  • May 18, 2016 10:41am May 18, 2016 10:41am
Quoting Pharm0r
Looks like a buy to me.
Looks like pa reacting nicely to levels on this chart you posted. I added a 61.8% and a "slip to murrey" (term from Gator archives) at 5/8 and 4H respecting that level now. You plan to buy eu based on this path or already did?
  • #140,531
  • May 18, 2016 10:43am May 18, 2016 10:43am
Quoting Pharm0r
{quote} why close?
I do not know - didn't like dollar, didn't like all brexit stuff, should have left it at b.e right
  • #140,532
  • Edited 11:00am May 18, 2016 10:44am | Edited 11:00am
Quoting goosebone
{quote} Looks like pa reacting nicely to levels on this chart you posted. I added a 61.8% and a "slip to murrey" (term from Gator archives) at 5/8 and 4H respecting that level now. You plan to buy eu based on this path or already did?
top green one in and underwater-i got the signal to close but didnt, second pending is the bottom green one- that's the path im trading for over 1.17xx

a smaller path in the larger path to 1.247x. UJ on a very very large path down below 70 (months/years)
  • #140,533
  • May 18, 2016 10:54am May 18, 2016 10:54am
Quoting Pharm0r
{quote} top green one in and underwater-i got the signal to close but didnt, second pending is the bottom green one- that's the path im trading for over 1.17xx a smaller path in the larger path to 1.247x. UJ on a very very large path down (months/years)
Heard. Im short from 1320 but FOMC might have something to say about that late entry. Watching the same area (as your pending) for longs.
  • #140,534
  • May 18, 2016 11:08am May 18, 2016 11:08am
was at work. i would have gone with no touch.
  • #140,535
  • May 18, 2016 11:31am May 18, 2016 11:31am
my call is down to 1.1150 til three hours into next tuesday then up to new highs

regards, twitter.com/gettoefl
twitter: @gettoefl
  • #140,536
  • May 18, 2016 12:55pm May 18, 2016 12:55pm
Eyes on the FED. Simple expectations from the minutes a bit blurrier outcomes in the short term.

Expecting a bit less dovish minutes details than the very dovish FOMC decision. Two things two track. A slightly less dovish or inflation concerns (and worst slightly hawkish hints [not expected]) will bring mid term/long term dollar bulls to the table for the first time this year while meeting the minutes expectations will give a good push in Equities as it will free them once and for all from hikes June.

Dollar in the driving seat for today and the rest of the week. Inline slighlty less dovish for 94.4x to hold the break back for the month. Only a very dovish minutes hints will truncate the move to enter in chop zone until next month. On the flows, direct play expected in all pairs and crosses with Dollar...on the Euro 1.128x is key FA level to unlock 1.108x for the June FED, try dovish FED for profit taking to 1.139x, anything else will just add noise to the moves

GL all ...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #140,537
  • May 18, 2016 1:00pm May 18, 2016 1:00pm
HAWKISH !!!! ...VERY
Pending conversations? PM for a chat...I am mainly in OTM now
  • #140,538
  • May 18, 2016 1:03pm May 18, 2016 1:03pm
First important update after FED is clear including minutes:

-->Changing short term outlook in GOLD from neutral to sell

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #140,539
  • May 18, 2016 1:04pm May 18, 2016 1:04pm
Second update and very important for the currency board:

--> Changing mid term outlook in Dollar from neutral to Buy

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #140,540
  • May 18, 2016 1:17pm May 18, 2016 1:17pm
Quoting sisse
, UJ failed by few ticks to complete main target but a break 108.8x[check] will unlock a rather quick extension (textbook of a short squeeze for those who didn't see tit coming after the rejection 106.xx via DOLLAR) to 110.xx[check] ...
For those in the YEN trade 110.xx finally here and I will take that ...clearing final target in UJ in a flawless trade. Well done (i know a few here) that took it from 106.xx ...

Quoting sisse
Clearing all longs positions from NFP flow in a scratch trade here. ...'reverso' in play for the roll with cheap tickets available aiming to smash stops hanging on air a few ticks below targeting the lows of the 1.12xx [check] handle...
On the Euro, 1.123x tested and we have some winners and trailing in the contest. Here, clearing position from last week and trailing the rest in case of a clean quick sweep.

More updates coming later as equities are still holding for the closing range ....

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