Attachments: The Really Useless Thread

The Really Useless Thread

#142,861
Sep 1, 2016 6:50pm Sep 1, 2016 6:50pm

CommercialB
| Joined Dec 2010 | Status: Wanderer | 360 Posts

Quoting sisse

Disliked

Question 20: FED in play one more time this year for a potential RMT for the fall/winter with a NFP as potential catalyst for the play. How do you play the flow/ the short term swing and the mid term swing?

Ignored

1C, 2C, 3C

...and SELL!

The spoken word is your master, the unspoken word your slave.

#142,862
Sep 1, 2016 6:52pm Sep 1, 2016 6:52pm

Fisher755
Joined Jan 2015 | Status: PVSRA with Traderathome | 1,689 Posts

Quoting sisse

Disliked

...and we rolled. No surprises across the board. Two hiccups with manufacturing but all ready for NFP. +++++Opening table for the 10th and final Iteration in the second round to get in synch with the market +++++ Iteration 20 Euro currently trading @ 1.120x "Survival of the fittest | Winners take all" -->Question 20: FED in play one more time this year for a potential RMT for the fall/winter with a NFP as potential catalyst for the play. How do you play the flow/ the short term swing and the mid term swing? Just the explanation on how this iteration...

Ignored

Buy

PVSRA

#142,863
Sep 1, 2016 8:31pm Sep 1, 2016 8:31pm

NorthTrader
Joined May 2013 | Status: Digging deeper | 653 Posts

I'm flipping. SELL for me please Sisse. And thank you for your recent long and detailed wrap-up posts. It took a lot of thought and effort to compose those, and we all really appreciate it

You reap what you sow.

#142,864
Sep 1, 2016 10:39pm Sep 1, 2016 10:39pm

IMARICH1
Joined Feb 2006 | Status: Trader | 1,718 Posts

Ok Team am I missing something as I am interpreting this exercise differently. Sisse says we can Buy or Sell but we have 3 different scererios. How can you say BUY or SELL before you know the news or data?

If it's an undershoot then I Buy and if overshoot I Sell. If inline I sell. I can't choose until i know the data. I know we trade the expectation and not the fact but we are trading the expectation after the news so I wait until the news.

It appears I am more sell but if it's an undershoot then I'm a BUY.

Is this okay to take this position Sisse?

#142,865
Edited 11:15pm Sep 1, 2016 10:49pm | Edited 11:15pm

ptoftangency
| Joined May 2015 | Status: Trader | 340 Posts

Quoting sisse

Disliked

...and we rolled. No surprises across the board. Two hiccups with manufacturing but all ready for NFP. +++++Opening table for the 10th and final Iteration in the second round to get in synch with the market +++++ Iteration 20 Euro currently trading @ 1.120x "Survival of the fittest | Winners take all" -->Question 20: FED in play one more time this year for a potential RMT for the fall/winter with a NFP as potential catalyst for the play. How do you play the flow/ the short term swing and the mid term swing? Just the explanation on how this iteration...

Ignored

Sisse,

Sell for this one.

#142,866
Sep 1, 2016 10:49pm Sep 1, 2016 10:49pm

Fadhl
Joined Jan 2016 | Status: Trader | 3,915 Posts

Sell for me.
The undershoot scenario is quite impossible based on recent data and speeches particularly from Yellen. The remaining hesitation is regarding the inline: how market will translate it? Sell seems appropriate. Thanks Sisse and All!

#142,867
Sep 1, 2016 11:11pm Sep 1, 2016 11:11pm

hoom
| Joined Jul 2013 | Status: Trader | 1,873 Posts

Quoting IMARICH1

Disliked

Ok Team am I missing something as I am interpreting this exercise differently. Sisse says we can Buy or Sell but we have 3 different scererios. How can you say BUY or SELL before you know the news or data? If it's an undershoot then I Buy and if overshoot I Sell. If inline I sell. I can't choose until i know the data. I know we trade the expectation and not the fact but we are trading the expectation after the news so I wait until the news. It appears I am more sell but if it's an undershoot then I'm a BUY. Is this okay to take this position Sisse?...

Ignored

I bet half of the followers at least still ask the same question as you...let's put the iteration in context ie short term play via news[ it could not trigger though] so we have basically bullish expectation usd side since jackson hole ...now nfp in sight even if undershoot then it should be a knee jerk reaction ie eurusd rally then capped again via further data ie other decisional factors ... not to be confused ...one is to chose/participate in the iteration for the sake of the exemple in order to pick a healthy r:r wise trade ...don't dismiss the path of least resistance and miss the trees for the forest again and don't expect a linear trade in such neutral outlook casting its shadow since months in eurusd . To wrap it up wether you are wrong or right you should know your risk by now and have your trade properly set for an event. Do not overlook/mix short term play with mid or long term just trade it as you see it fit and if you re sharp enough you wont lose that much in a single iteration !!

Hint : Sisse is bearish eurusd , short/mid/long term thats up to everyone to follow up on the discussion

Get Rich or Die Tryin

#142,868
Sep 2, 2016 1:29am Sep 2, 2016 1:29am

DexterMorgan
| Joined Feb 2015 | Status: Trader | 76 Posts

Quoting sisse

Disliked

...and we rolled. No surprises across the board. Two hiccups with manufacturing but all ready for NFP. +++++Opening table for the 10th and final Iteration in the second round to get in synch with the market +++++ Iteration 20 Euro currently trading @ 1.120x "Survival of the fittest | Winners take all" -->Question 20: FED in play one more time this year for a potential RMT for the fall/winter with a NFP as potential catalyst for the play. How do you play the flow/ the short term swing and the mid term swing? Just the explanation on how this iteration...

Ignored

Hi Sisse,

Sell please

Thanks

#142,869
Edited 2:02am Sep 2, 2016 1:30am | Edited 2:02am

Sa7an
| Membership Revoked | Joined Nov 2015 | 469 Posts

Quoting The Fool

Disliked

The Fed, the Markets, and the Dumb Trader https://www.youtube.com/watch?v=055wFyO6gag

Ignored

I think there is a message in this that most here won't understand.

#142,870
Sep 2, 2016 1:44am Sep 2, 2016 1:44am

sisse
Joined Mar 2010 | Status: Technical Fundamentalist | 11,563 Posts

Second Call...

+++++Iteration 20 +++++

Euro currently trading @ 1.120x

"Survival of the fittest | Winners take all"

-> LMT STP BUY 1.130x -> TP 1.140x -> STP 1.120x with undershoot or

-> LMT BUY 1.118x -> TP 1.128xx -> STP 1.108x with inline

-> LMT STP SELL 1.110x -> TP1 => 1.100x | STP > 1.120x with overshoot or

-> LMT SELL 1.122x -> TP1 => 1.112x | STP > 1.132x with inline

@hoom and IMARICH1 whats your side?

sisse

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

#142,871
Sep 2, 2016 1:45am Sep 2, 2016 1:45am

Vorex
| Joined Mar 2015 | Status: Trader | 704 Posts

Buy for me please.

#142,872
Sep 2, 2016 2:06am Sep 2, 2016 2:06am

chester123
Joined Oct 2014 | Status: Trader | 717 Posts

Good morning guys. Buy for me too

#142,873
Sep 2, 2016 2:27am Sep 2, 2016 2:27am

PAStalker
| Joined Jun 2015 | Status: Trader | 112 Posts

1. What will happen in the mid and short term outlook in the euro/usd if NFP has a strong overshoot?
c. Short term change to SELL, Mid term stay Neutral (ST flip -> 1.112x)

--> 2. What will happen in the mid and short term outlook in the euro/usd if NFP has a strong undershoot? ..difficult one
Participants positioned for a rake hike so..strong hands caught on the wrong side..could be a or c...
c. Short term change to Buy, Mid term stay Neutral (unsure of flip ST flip -> 1.124x or (probably)1.129x)

-->3. What will happen in the mid and short term outlook in the euro/usd if NFP is +/- inline?..market currently positioned for this
Would have an option of the natural ebb & flow would continue..b & c seem valid here(ST flip would still be 1.116x as no outlook change)
b. Nothing. Market wont change much until FED actually hikes for real.
c. Short term change to Sell for Dec hikes, Mid term stay Neutral

I think option 3 is happening..but unsure how this would affect the flow..first buy,then sell seems the right option here with forecast numbers used to take the market up first(not sure it would get to first target of 1.128x)..but the path of least resistance is short..a bit undecided..again taking a short or long near a flip seems uncertain
Sell for me

#142,874
Sep 2, 2016 3:02am Sep 2, 2016 3:02am

primejarvis
| Joined Aug 2013 | Status: "Don't follow me i'm already lost " | 1,136 Posts

for me :

-> LMT STP SELL 1.110x -> TP1 => 1.100x | STP > 1.120x with overshoot ....

Re-Incarnated

#142,875
Sep 2, 2016 3:24am Sep 2, 2016 3:24am

Hank2002
| Joined Nov 2014 | Status: Trader | 9 Posts

sisse, SELL for me please

#142,876
Sep 2, 2016 3:25am Sep 2, 2016 3:25am

mayafx
| Joined Apr 2014 | Status: Trader | 67 Posts

i am going for sell
regards

#142,877
Sep 2, 2016 3:31am Sep 2, 2016 3:31am

Ghandi
| Joined May 2013 | Status: Trader | 27 Posts

Quoting sisse

Disliked

Second Call... IN +++++Iteration 20 +++++ Euro currently trading @ 1.120x "Survival of the fittest | Winners take all" -> LMT STP BUY 1.130x -> TP 1.140x -> STP 1.120x with undershoot or -> LMT BUY 1.118x -> TP 1.128xx -> STP 1.108x with inline assssssssss RoelsMajor Fisher755 Vorex & -> LMT STP SELL 1.110x -> TP1 => 1.100x | STP > 1.120x...

Ignored

Buy for me