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The Really Useless Thread

  • #142,121
  • Jul 29, 2016 11:45am Jul 29, 2016 11:45am
go ahead and add me
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  • #142,122
  • Edited 12:05pm Jul 29, 2016 11:49am | Edited 12:05pm
We have both sides triggered... If we leave the 1.115x/1.118x range, table will be automatically close now ...

IN

++++Currently EURO is trading 1.118x++++

"arghh revenge, calm or I am done with it"


-> LMT BUY 1.115x -> TP1 => 1.135x | TP2 => 1.155x TP1 => 1.138x | STP => 1.1080 | max r:r -=> (+)4:1*

manosk



-> No touch 1.125x / 1.105x (till BOE) -> TP2 => No touch 1.1350 | 1.095x [check](till NFP) max r:r -=> (+)4:1*

Vorex

eborn


-> LMT SELL 1.118x -> TP1 => 1.098x | TP2 => 1.078x | STP => 1.128x | max r:r -=> (+)4:1*

primejarvis

Fadhl

Fisher755

IMARICH1

Pharm0r

Replicant

Pending conversations? PM for a chat...I am mainly in OTM now
  • #142,123
  • Jul 29, 2016 12:01pm Jul 29, 2016 12:01pm
RISK-OFF and Carry Trade could push Euro, but I think this is the tree, I will trade what I think is the forest :
SELL here. Thank you, good week-end all.
  • #142,124
  • Jul 29, 2016 12:49pm Jul 29, 2016 12:49pm
...and i will take that clearing all positions in US Equities from the FED on the failure to take 217x

As much i want to believe the highs will be taken to complete the extension 2185.xx, its impossible to hold for much longer an unsustainable position.

Markets hanging on air and i can't find one single reason except greed in a manic move to hold in all time highs in the current macro and TA circumstances.

Flat in all equitiy markets across the board/world

sisse.
Pending conversations? PM for a chat...I am mainly in OTM now
  • #142,125
  • Jul 29, 2016 12:54pm Jul 29, 2016 12:54pm
Quoting sisse
yen cleaning the lows to the 102.0x handle after the very soft BOJ disappointed a fully loaded train. They may regret as I am not sure they were expecting a flop from the US too (dollar). A risk trigger later today ....and is 'nobody' on the bid ..... 103.8x looks very very very far now so sidelined by default and cancelling all trades in UJ until further notice... sisse --> Second call... IN ++++Currently EURO is trading 1.118x++++ "arghh revenge, calm or I am done with it" -> LMT BUY 1.115x -> TP1 => 1.135x | TP2 => 1.155x TP1 => 1.138x | STP...
add me to the LMT BUY
  • #142,126
  • Jul 29, 2016 1:17pm Jul 29, 2016 1:17pm
Quoting sisse
We have both sides triggered... If we leave the 1.115x/1.118x range, table will be automatically close now ... IN ++++Currently EURO is trading 1.118x++++ "arghh revenge, calm or I am done with it" -> LMT BUY 1.115x -> TP1 => 1.135x | TP2 => 1.155x TP1 => 1.138x | STP => 1.1080 | max r:r -=> (+)4:1* manosk -> No touch 1.125x / 1.105x (till BOE) -> TP2 => No touch 1.1350 | 1.095x [check](till NFP) max r:r -=> (+)4:1* Vorex eborn...
limit sell please
  • #142,127
  • Jul 29, 2016 1:47pm Jul 29, 2016 1:47pm
Eyes on the Euro.. 1.116x is the one and only one to track.

Noise from Italy starting to come out. Expecting nothing we don't already know but all ears on details and reaction ftom a couple of banks that are just waiting final sentence.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #142,128
  • Jul 29, 2016 1:52pm Jul 29, 2016 1:52pm
Quoting sisse
Eyes on the Euro.. 1.116x is the one and only one to track. Noise from Italy starting to come out. Expecting nothing we don't already know but all ears on details and reaction ftom a couple of banks that are just waiting final sentence. sisse
1.126 - 1.127x is also the one I have in my book ... Let's c
Re-Incarnated
  • #142,129
  • Jul 29, 2016 1:53pm Jul 29, 2016 1:53pm
Watch out HSBC, Deutsche Bank AG and UniCredit as the shortfall is going to be bigger than expected.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #142,130
  • Jul 29, 2016 2:03pm Jul 29, 2016 2:03pm
Quoting primejarvis
{quote} 1.126 - 1.127x is also the one I have in my book ... Let's c
I don't think we are talking on the same scope. 1.116x is for a +1200 tick swing not for an intraday move for today...sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #142,131
  • Jul 29, 2016 2:13pm Jul 29, 2016 2:13pm
Markets a bit anxious for a rather thin and summery Friday close. Yen starting to show some jitters for the W close and rather large last minute positions for the close. TA wise we are setting for a mid term bottom in the Yen. Eyes on 102.xx holding the roll or an unexpected spike on the top o the hour.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #142,132
  • Jul 29, 2016 2:38pm Jul 29, 2016 2:38pm
And here ws go. Last channce for Euro to decouple from the carry trade. Not expecting much but better be safe than sorry.

A inline/nothing new from the news witb the latest FED/Gdp combo will leave us with a soft dollar till further data with yen and Euro back to choppy carry trade. 1.116x for the W close on the TA front.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #142,133
  • Jul 29, 2016 3:22pm Jul 29, 2016 3:22pm
Nothing new. Nothing we didn't already know.

As expected since the morning 1.116x for the roll in the Euro and 102 xx will hold in the yen but more importantly and only update in play for the M close:

=》Changing short term outlook in yen to soft buy.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #142,134
  • Jul 29, 2016 5:46pm Jul 29, 2016 5:46pm
Quoting sisse
If we leave the 1.115x/1.118x range, table will be automatically close nowt
-> No touch 1.125x / 1.105x (till BOE) -> TP2 => No touch 1.1350 | 1.095x [check](till NFP) max r:r -=> (+)4:1*
  • #142,135
  • Jul 30, 2016 12:13am Jul 30, 2016 12:13am
Inserted Video



it seems he was spot on... unfortunately even though a friend emailed me the video a few hours before i passed the..."opportunity" ...


( the "juice" is exactly after the 1st minute of the video...)
  • #142,136
  • Jul 30, 2016 8:27am Jul 30, 2016 8:27am
Sell for me please
  • #142,137
  • Jul 30, 2016 9:14am Jul 30, 2016 9:14am
I will go for sell if allowed in. Close at my broker yesterday is at 1.1178 so just 2 pips away and will probably get a fill.

-> LMT SELL 1.118x -> TP1 => 1.098x | TP2 => 1.078x | STP => 1.128x | max r:r -=> (+)4:1*
Trading in the shadow of SM
  • #142,138
  • Jul 31, 2016 1:50pm Jul 31, 2016 1:50pm
Brexit - a trading opputunity too good to miss Short EG

Most people don’t think the EU will collapse just because Britain (which has always been closer to the U.S. than the Continent anyway) has left. They’re wrong. For one thing, although Brussels won’t become a ghost town, it’s going to lose scores of thousands of highly paid Eurocrats and their minions. I recall that property there was some of the cheapest in Europe in the early ’80s; it’s going to return to that status. We’ll look for a REIT to sell short, specializing in the Brussels market.

The euro will cease to exist. The Esperanto currency was doomed from the beginning. It was not just an “IOU nothing,” like the U.S. dollar, but a “Who owes you nothing” since it’s not even backed by a specific government’s taxing power. How to profit? I’ve put on long-term futures contracts, long the British pound vs. short the euro. Britain will benefit from exiting the EU, attracting capital and strengthening the pound—which is down 11% against the euro since Brexit. The euro, meanwhile, will approach its intrinsic value at an accelerating rate.

In conclusion,Brexit itself is likely to be good for Britain. And it augurs some big changes in the world at large.

http://www.internationalman.com/arti...asey-on-brexit
  • #142,139
  • Jul 31, 2016 2:55pm Jul 31, 2016 2:55pm
Quoting Sa7an
Brexit - a trading opputunity too good to miss Short EG
Big fish you are talking about there. GL
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  • #142,140
  • Edited 2:27am Aug 1, 2016 1:46am | Edited 2:27am
Quoting goosebone
{quote} Big fish you are talking about there. GL {image}
Yep and Scottish fishermen would agree with that LOL - Don't think Scotland will be leaving the UK anytime soon

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