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The Really Useless Thread

  • #144,081
  • Oct 11, 2016 12:25pm Oct 11, 2016 12:25pm
Quoting Pharm0r
Dollar: new highs AU/GU/EU: new lows UJ: new lows. Thus why I never trade UJ.
yeah ... UJ was tricky today because both dollar and yen are strong.... so i just stuck with dollar pairs and shorted... took me a while to get used to stickin away from UJ when they are both strong or both weak
  • #144,082
  • Oct 11, 2016 1:52pm Oct 11, 2016 1:52pm
Sterling officially getting slaughter to protect the bastards in Equities and buy some very limited time to the UK Government to put a plan (any plan will be better than just random aggressive cocky mumblings, ...no plan, no technical comments... no nothing just racist and xenophobe comments 24/7).

Both the BOE giving the extraoficial 'go ahead', markets obviously hammering the easiest trade of the 2016 while the talking heads in the government think that destroying the Pound will save them this time ... Dark clouds already here and it started to rain ...this wont end up good. Guarantee!!! . A devaluation so sharp in such a short term always bring terrible consequences and distort macro structures in the economy and this is beyond and nothing to do with the impact of hard brexit ...

All eyes on 1.217x GU this week. Losing it with the minutes / W combo will unlock very serious and scary 'unknown' levels in the Pound. Base on purely monetary policy point of view, I think the BOE will step in one way or another if we fall below 1.20xxx for a sustain period.

Insane UK, insane government and insane moves in the Pound for a so call 'serious' global currency (not anymore) ...they are playing with fire and they are getting and will get burnt even more...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #144,083
  • Oct 11, 2016 2:44pm Oct 11, 2016 2:44pm
After such a long waiting good to see a breakout in e/u ... Gu going nuts ... no comments for Gu as sisse explained everything ... 
Re-Incarnated
  • #144,084
  • Edited Oct 12, 2016 1:17am Oct 11, 2016 10:35pm | Edited Oct 12, 2016 1:17am
FOMC Meeting Minutes tomorrow

2 Year Notes is still above monthly trend line will it go below tomorrow.

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  • #144,085
  • Oct 12, 2016 2:09am Oct 12, 2016 2:09am
Quoting CARP.BLUFFS
FOMC Meeting Minutes tomorrow 2 Year Notes is still above monthly trend line will it go below tomorrow.
if the US were in a bubble it would be a pretty clear map, but there are too many wild cards overseas for that to be true.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #144,086
  • Oct 12, 2016 2:30am Oct 12, 2016 2:30am
Quoting hathor
{quote} The plan is the same since March. Waiting it under 1.095xx. Time will tell. [EurUsd]
..oups I've quoted myself.
f(z)=z2+c
  • #144,087
  • Edited 7:25am Oct 12, 2016 7:13am | Edited 7:25am
A simple European session and we are set for the Minutes that are expected to be a pretty uneventful report in terms of new clues and only confirming what we already know making us one step closer to hikes by default this year.
...

------- ---------

On the iteration front, right on time iteration 20c target cleared this morning and will open the table in a few for the Minutes today.

--> Bye Bye DexterMorgan, IMARICH1, suntan, ExForX and PAStalker. A quick comment here (especially @ IMARICH1 given the context of this conversation), I don't really understand why you flip to the long side in this iteration.

We were neutral and you faded the middle, and then we were sell and you also faded the middle ...very poor decision in the context of the iteration play alone obviously ...

--> In any case, @hoom and @Vorex 3 out of the 3 you are kicking ass ... Only 15 traders left ...the next call is going to be a tough one to call so for those thinking in how to manage or positioning in the Euro ...a good time to check some charts and overviews before NY ...

sisse

PS: just for a quick reference we are already in a 1:5 risk:reward play which is a very good risk profile for those asking about those posts before ...

Quoting sisse
...NO MORE BIDS !!!! ++++++++++++++TABLE CLOSED 20C ++++++++++++++ Euro currently trading @ 1.116x "Survival of the fittest | Winners take all" ...

++++++++++++++TABLE CLOSED 20C ++++++++++++++

Euro currently trading @ 1.101x

"Survival of the fittest | Winners take all"


-> LMT BUY 1.1160 [check] -> TP1 => 1.131x | STP > 1.101x [check]

DexterMorgan

IMARICH1

suntan

ExForX

PAStalker


or


-> LMT SELL 1.1160 [check] -> TP1 => 1.101x [check] | STP > 1.131x

primejarvis

goosebone

Fadhl

nutts

hoom

CommercialB


Vorex

RoelsMajor

Pharm0r

clayjay

Earleone

NorthTrader

ptoftangency

mayafx

Grinsakh

Pending conversations? PM for a chat...I am mainly in OTM now
  • #144,088
  • Oct 12, 2016 7:30am Oct 12, 2016 7:30am
Quoting PAStalker
{quote} @sisse..would like to close long in iteration please if possible at current price (1.1206)...
Closed earlier sisse...
  • #144,089
  • Oct 12, 2016 7:37am Oct 12, 2016 7:37am
Quoting PAStalker
{quote} Closed earlier sisse...
I see. Sadly there is no micromanagent for iteration 20 as the point of this one is/was survival quick decisions in and out .....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #144,090
  • Oct 12, 2016 7:40am Oct 12, 2016 7:40am
I thought there were no more iterations after this last set?
  • #144,091
  • Oct 12, 2016 7:40am Oct 12, 2016 7:40am
Quoting sisse
{quote} I see. Sadly there is no micromanagent for iteration 20 as the point of this one is survival quick decisions in and out ..... sisse
Ok..but outlook changed during the iteration & DB news came out..didn't see any point in staying in..no worries
  • #144,092
  • Oct 12, 2016 7:43am Oct 12, 2016 7:43am
Quoting PAStalker
{quote} Ok..but outlook changed during the iteration & DB news came out..didn't see any point in staying in..no worries
Yes i know. But still fading the middle in neutral is not recommended w℅. wise even if this one was very choppy....

Doesn't matter, point is you saw it live and are clear in the concept....well done despite iteration

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #144,093
  • Oct 12, 2016 7:50am Oct 12, 2016 7:50am
Quoting Pharm0r
I thought there were no more iterations after this last set?
Yes its the last one.

We have iteration 19 still in play and 15 traders still alive in 20....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #144,094
  • Oct 12, 2016 8:15am Oct 12, 2016 8:15am
Quoting sisse
{quote} Yes its the last one. We have iteration 19 still in play and 15 traders still alive in 20.... sisse
Oh, it sounded like you were opening up another iteration for the minutes play- but I realize now you mean opening up the discussion

"On the iteration front, right on time iteration 20c target cleared this morning and will open the table in a few for the Minutes today."
  • #144,095
  • Oct 12, 2016 8:18am Oct 12, 2016 8:18am
Quoting Pharm0r
{quote} Oh, it sounded like you were opening up another iteration for the minutes play- but I realize now you mean opening up the discussion "On the iteration front, right on time iteration 20c target cleared this morning and will open the table in a few for the Minutes today."
Reverse, hold, bail, etc. More quick decisions to be made by survivors in the iteration I imagine.
  • #144,096
  • Oct 12, 2016 8:18am Oct 12, 2016 8:18am
UJ may want to break those highs today
  • #144,097
  • Oct 12, 2016 8:19am Oct 12, 2016 8:19am
Quoting goosebone
{quote} Reverse, hold, bail, etc. More quick decisions to be made by survivors in the iteration I imagine.
Dollar is on a rampage- not much to hold it back from testing $100
  • #144,098
  • Oct 12, 2016 8:24am Oct 12, 2016 8:24am
...and a new update in the iteration 19 front this time and perfectly timed 1.100x tested before the Minutes....

Quoting sisse
+++++Opening table for the 9th Iteration in the second round to get in synch with the market +++++" -Question 19: Choose your poison time in the Euro for the 3er time this year for original post with details about entries/exits...
Quoting sisse
Sell (Price Entry ...automatically trigger in the stochastic entry if hit too)
-> LMT SELL 1.130x
Quoting sisse
{quote} +++++ TABLE CLOSED Iteration 19C +++++ Currently Euro trading @ 1.113x " Retrace or Reversal PART II - Frustration, Price & Indicators" a. "Nothing to see its today or in a few weeks ...hikes are here" ..
Very well done: eborn, Earlone,nuts, primejarvis, ptoftangency, Pharm0r,, suntan, CommercialB, clayey, chester123, Fisher755, goosebone, Fadhl

-> LMT SELL 1.130x [check]-> TP1 => 1.120x [check] -> TP2 =>1.110x [check] --> -> TP3 =>1.100x [check] -> HOME RUN 1.090x [in play] | STP => 1.128x


We have home run in play to complete the whole short term leg in the mid term swing in iteration 19. We'll open decision time in a few ....for now. Very well all done riding it.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #144,099
  • Oct 12, 2016 8:27am Oct 12, 2016 8:27am
homerun 1.19xx? hahah
  • #144,100
  • Oct 12, 2016 8:29am Oct 12, 2016 8:29am
Quoting Pharm0r
UJ may want to break those highs today
sell you some at 106.03
Look Sharp/Trade Tight
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