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The Really Useless Thread

  • #145,021
  • Nov 9, 2016 9:49am Nov 9, 2016 9:49am
Quoting Pharm0r
Yes he essentially said she'd be fired. Not sure if it's the President's choice to make.... There's talk on twitter that she'll raise rates to protect dollar from Trump. Makes sense if we're looking at another recession a-la Trump due to trade agreements going up in smoke. Will give the FED more wiggle room
what i read somewhere that trump is against low interest rates ...

correct me if i am wrong
Re-Incarnated
  • #145,022
  • Nov 9, 2016 9:51am Nov 9, 2016 9:51am
Quoting primejarvis
{quote} what i read somewhere that trump is against low interest rates ... correct me if i am wrong
No idea- I'm just quoting what I'm seeing from the financial and politicos on twitter....all of that is above my brain waves. I cant decide between raise or cut interest rates....looks like there's an argument for both sides in my eyes. Whether Trump is against high interest rates or not, if we spiral into another recession the FED will have the opportunity to back peddle the rates is what I'm thinking

I'll just ride the pig in the meantime....

I do know he's pledged to cut capital gains tax....that's got me excited.
  • #145,023
  • Nov 9, 2016 9:53am Nov 9, 2016 9:53am
this BTFD V has gotten to be the only thing you need to know in equity trading. Combine with healthy dose of pure luck....maybe you catch one if you don't go out to take a piss
Attached Image (click to enlarge)
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"If The Fool persists in his Folly he will become wise." - William Blake
  • #145,024
  • Nov 9, 2016 10:49am Nov 9, 2016 10:49am
Quoting The Fool
well, goose, at least you'll be able to blaze guilt-free in FL now. I like totally spaced out the reefer penny stock trades, though dude....maybe still time to get in those? {image}
So now I BTFDip and BTFDope? Well I suppose I could use a new hobby now that Trump TV is off the air.
  • #145,025
  • Nov 9, 2016 10:53am Nov 9, 2016 10:53am
Quoting Pharm0r
{quote} No idea- I'm just quoting what I'm seeing from the financial and politicos on twitter....all of that is above my brain waves. I cant decide between raise or cut interest rates....looks like there's an argument for both sides in my eyes. Whether Trump is against high interest rates or not, if we spiral into another recession the FED will have the opportunity to back peddle the rates is what I'm thinking I'll just ride the pig in the meantime.... I do know he's pledged to cut capital gains tax....that's got me excited.
come across the atlantic
  • #145,026
  • Nov 9, 2016 11:04am Nov 9, 2016 11:04am
Quoting Don96
{quote} come across the atlantic
New Zealand and Japan are on my radar, both myself and girlfriend of 5 years have the itch to make a permanent move.... That largely depends on my financial status in the next 5-10 years, as well as hers.
  • #145,027
  • Nov 9, 2016 11:06am Nov 9, 2016 11:06am
Quoting Pharm0r
{quote} New Zealand and Japan are on my radar, both myself and girlfriend of 5 years have the itch to make a permanent move.... That largely depends on my financial status in the next 5-10 years, as well as hers.
yeah i saw you listed those a while back... any reason on japan?
  • #145,028
  • Nov 9, 2016 11:08am Nov 9, 2016 11:08am
...and Europe home with all markets back on track. US election keep sending shockwaves across the world, and the initial impact moving from the market side to the political side (copy/paste on the initial Brexit reaction so far).

Russia emerging as one of the biggest winners this year after Trump/Brexit combo while Mexico and Iran receiving a huge blow that will guarantee spread across both regions (LATAM and the M. East back on the table) next year and beyond.

The rest of world as widely expected with a very cold reception to the news, except in the ultra extreme right in Europe (no surprises there) that have celebrated the results as their own with elections on sight in many countries next year including the last 2 big free liberal democracies left (France and Germany) without populist and nationalists in government.

For now lots and lots of action taking place under the table with major outlooks changes for the closing session today.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #145,029
  • Nov 9, 2016 11:08am Nov 9, 2016 11:08am
Quoting Don96
{quote} yeah i saw you listed those a while back... any reason on japan?
Quality of life, Japanese women with big boobies (seriously), and girlfriend speaks Japanese...loves that culture. They are a bit weird for me....and it's at the bottom of my list due to nuclear disaster.

NZ is the top of my list

btw i sold eu, bought uj, and bought au from the maps i posted in the swamp thread, targets and structure are still intact on all 3
  • #145,030
  • Nov 9, 2016 11:10am Nov 9, 2016 11:10am
Obama addressing nation

http://time.com/4564407/president-ob...ch-watch-live/
  • #145,031
  • Nov 9, 2016 11:12am Nov 9, 2016 11:12am
Quoting Pharm0r
{quote} Quality of life, Japanese women with big boobies (seriously), and girlfriend speaks Japanese...loves that culture. They are a bit weird for me....and it's at the bottom of my list due to nuclear disaster. btw i sold eu, bought uj, and bought au from the maps i posted in the swamp thread, targets and structure are still intact on all 3
i sold EU... lots, profit is minimal to nothing, i cant tp... and closed AU out yesterday at 0.7775 for something like 15 pips :/

im after sub 1.09 at least on EU... i was hoping for today but 1.0930 held its ground, for now. i have 1.06 as a target

Edit: tick chart showing some noticeable movement.. it may give here with london out the way

another 40-60 today is easy work imo... dont know what others have to say
  • #145,032
  • Nov 9, 2016 11:14am Nov 9, 2016 11:14am
Quoting Don96
{quote} i sold EU... lots, profit is minimal to nothing, i cant tp... and closed AU out yesterday at 0.7775 for something like 15 pips :/
Perhaps you'd benefit from this thread

sisse called it live, right as it hit our norms- i took a risk
  • #145,033
  • Nov 9, 2016 11:17am Nov 9, 2016 11:17am
Quoting Pharm0r
{quote} Perhaps you'd benefit from this thread sisse called it live, right as it hit our norms- i took a risk
i pop by everyday see what goes on, my discipline has gone from good to how i was when i first started trading... (except from the levels are much better) but impatience and the idea of being wrong causes me to cut early or jump in early... frustration on TP's its what is driving it
  • #145,034
  • Nov 9, 2016 11:19am Nov 9, 2016 11:19am
Quoting sisse
...and Europe home with all markets back on track. US election keep sending shockwaves across the world, and the initial impact moving from the market side to the political side (copy/paste on the initial Brexit reaction so far). Russia emerging as one of the biggest winners this year after Trump/Brexit combo while Mexico and Iran receiving a huge blow that will guarantee spread across both regions (LATAM and the M. East back on the table) next year and beyond. The rest of world as widely expected with a very cold reception to the news, except in...
Off the top of my head- I would think good relations with Russia and China are favorable for the US. If nothing else then to avoid nuclear war through friendship. Keep you enemies closer...
  • #145,035
  • Nov 9, 2016 11:46am Nov 9, 2016 11:46am
Quoting Pharm0r
{quote} Off the top of my head- I would think good relations with Russia and China are favorable for the US. If nothing else then to avoid nuclear war through friendship. Keep you enemies closer...
...you are being v. naive my friend. Russia is not interested at all in having a nuclear fight with the US. They are interested in their own geopolitical region first (and its a rather large one ) and former territories. Don't be surprise to hear war mongering noise on Eastern Europe very soon.

The main goal is to weakening the West, disrupting the core (free trade and global markets) and all international cooperation channels NATO, UE, etc etc, you name it. The more disperse and weak int cooperations is, the strongest they get and the easier is to regain control of their former regions.

US and especially Europe descending into populist and nationalist hands is dream come true for them (and a huge and very cheap victory without much effort).

The end of the EU and NATO are the main prize for Russia the next few years .... we can go for a rather long discussion but that will definitely be beyond markets and this thread so ...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #145,036
  • Nov 9, 2016 12:03pm Nov 9, 2016 12:03pm
Quoting sisse
{quote} ...you are being v. naive my friend. Russia is not interested at all in having a nuclear fight with the US. They are interested in their own geopolitical region first (and its a rather large one ) and former territories. Don't be surprise to hear war mongering noise on Eastern Europe very soon. The main goal is to weakening the West, disrupting the core (free trade and global markets) and all international cooperation channels NATO, UE, etc etc, you name it. The more disperse and weak int cooperations is, the strongest...
Yeah I figured I was.

The trade deals and NATO is still to be determined though....so far only talk...kind of like Brexit.
  • #145,037
  • Edited 12:22pm Nov 9, 2016 12:09pm | Edited 12:22pm
Quoting sisse
{quote} ...you are being v. naive my friend. Russia is not interested at all in having a nuclear fight with the US. They are interested in their own geopolitical region first (and its a rather large one ) and former territories. Don't be surprise to hear war mongering noise on Eastern Europe very soon. The main goal is to weakening the West, disrupting the core (free trade and global markets) and all international cooperation channels NATO, UE, etc etc, you name it. The more disperse and weak int cooperations is, the strongest...
completely agree with sisse on this one. I mean we can go deep into geopolitics, regional power interests and so on =) but the moment nationalists seek the power around west aiming for what they consider the best interests of their nation (in a narrow sense - short sighted self-interest limited to their actual territory - and dont get me wrong - even under recent cooperation the recent interests are not always just and good for the well being of community of nations - its always about power and influence) the borders in Europe can move veeer quickly - consider there is a frozen conflict in east ukrain, disputed area of Transnistria (in Moldavia) (Russia may try to connect Transnistria by annexing the area where Ukrain has access to sea (= sevastopol area) + kaliningrad area + monster problem of russian minorities in Baltic states. And Im sure there is more stuff Im not directly aware of (there is something with Finland going on too).

And the russian danger is felt here a lot even though we are not directly endangered (I come from czech republic - which is geographically very west, however, former Warsaw agreement country - but from a more wider historical point (centuries) czech lands were always in the german power influence). While moving closer to russia - there things can escalate quickly if the western interest/check/balance dissapears. Btw the russian propaganda here is absolutely unbelievable - not so rare to travel by train and hear a conversation that the civil plane shot down above Ukrain was shot by NATO, migrant crises organized by NATO and US etc. etc. bullshit......

And Im not even talking about middle east. But thats different story. In is already imploding.

However, the danger in europe to materialize - we need EU to disintegrate first. Well see what happens next year - I still see some light at the end of tunnel - as US and GB moves to the abbys looking for their own meaning of existence - EU could take over if it finds the strenght - NATO disintegrating can be a great moment to finally move on with the idea of EU army. Plus when I remember how Germany and France reaced to Ukrain-Russia war - that was a perfect example of leadership we need (sadly it worked externally in this case XX in cases of internal disputes Germany acts as a unlimited ruler of EU - e.g. greece debt problem). It all may go down with elections next year. Hopefully europeans are gonna use their brain!

P.S.: mentioning the TTIP - as knowing the european discussion I can pretty much assure everyone that TTIP is never gonna be accepted. Not in this time - with trump and EU in desperate state and against huge public NO. Btw. next week I had a "lecture" on "CETA and its constitutional aspects" at my university and if it ever passes the constitutional review and gets ratified by all member states - that would be a monster miracle. With TTIP its even worst
  • #145,038
  • Nov 9, 2016 12:16pm Nov 9, 2016 12:16pm
Quoting Pharm0r
{quote} Perhaps you'd benefit from this thread sisse called it live, right as it hit our norms- i took a risk
AU giving up, UJ heading towards 106+... waiting on EU still, its clinging on
  • #145,039
  • Nov 9, 2016 12:20pm Nov 9, 2016 12:20pm
Agree with you there Chester- I'd like to see an EU army.

My thoughts are that NATO doesn't disintegrate or that EU gets and Army, and the Trade deals either don't get eradicated OR better ones go in place. That combined with friendly ties to Russia still seems good to me.

If you want world fuckin peace- we all have to get along. Therefor; I am not against making friends of our enemies. Again- I understand that's probably naive.
  • #145,040
  • Nov 9, 2016 12:31pm Nov 9, 2016 12:31pm
Quoting Don96
{quote} AU giving up, UJ heading towards 106+... waiting on EU still, its clinging on
My plans are to hold into December FOMC and clear from there if targets or stops aren't hit

Final targets for me:
eu = 1.05 handle
uj = 109. handle
au = .79 handle
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