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  • #145,961
  • Dec 5, 2016 7:26am Dec 5, 2016 7:26am
Quoting PayTheLimit
{image}
add some chains to the body

chain chomp!
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  • #145,962
  • Dec 5, 2016 7:48am Dec 5, 2016 7:48am
"If it looks like a duck, swims like a duck, and quacks like a duck, then it probably is..."

Eyes on the open. Commodities and OIL extending the clean leg. For those in NG a superb and flawless swing ride but the 'meat' of the move will be gone after the opening range. Equities sleeping and ready to go. While in currencies:

Eyes on Sterling a soft good news from the Brexit front will make as regain the 1.28xx handle to form a narrow untrdadable chop zone for the rest of the year to the 1.30xx handle. Euro* in full control of the FX board and it will remain so till ECB...

Lots of action and opps across the board....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #145,963
  • Dec 5, 2016 8:09am Dec 5, 2016 8:09am
Quoting change
{...It was not an itexit but, as i wrote, after this result Italy is pointing for near future to an M5S government an anti-EU and UKIP long standing friend movement so worries in mid/lo...
--> Well, I am bit more sceptical with Italy this time. If you read Italian and/or talk with people better informed of the context the vote you will see that most of the noise about Italy leaving the EU, the euro and etc with this vote came from the British/Murdoch media outlooks that have their own agenda because of Brexit.

--> Don't get me wrong the political instability after Renzi resigning, etc will be definitively there, The extreme right, Berlusconi mafia and the populists will be there fishing but in reality in the case of Italy is 'nothing new and nothing we haven't seen in the last 30 years'. They will probably put a temp technocrat in power until the initial storm pass and then will be 'business as usual' in the Italian political circus.

--> Sure, the populist, extremist and bastards is something to track in the mid term but for now this vote was not about the future of Italy in the EU neither the Euro that was noise from the Murdoch/ brexiters and extreme right/Berlusconi media empire (they control the majority of the mass media market for those targets group)

--> Basically the only way the UK will be better off in the next decade or more in practices after the brexit fiasco is making the EU/Euro complete collapse and descend into chaos.

Otherwise they are going to end up, in the best case scenario, paying a higher bill, accepting [under the table obviously not for the eye of masses)all the EU regulations, rights and obligations but not sitting in the table neither influencing the decision ...definition of stupidity but there you have it ...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #145,964
  • Dec 5, 2016 8:13am Dec 5, 2016 8:13am
sisse or whoever. is there any FA for this italy-flow. Im wondering if there is any way to predict it/any logic to it as with for example NFP flows.

because with the equities and bonds reaction it seems its pricing in dovish ECB, no? but euro has opposite flow.

P.S.: i wanna write something about the NFP challenge last week. will do it when I have more time
  • #145,965
  • Dec 5, 2016 8:16am Dec 5, 2016 8:16am
Quoting sisse
--> Don't get me wrong the political instability after Renzi resigning, etc will be definitively there,
....Not gonna be good for the basket-case banks....
"If The Fool persists in his Folly he will become wise." - William Blake
  • #145,966
  • Dec 5, 2016 8:16am Dec 5, 2016 8:16am
https://www.yahoo.com/finance/news/t...111744001.html

lol....."Brownie's doing a fine job!"
"If The Fool persists in his Folly he will become wise." - William Blake
  • #145,967
  • Dec 5, 2016 8:49am Dec 5, 2016 8:49am
Quoting sisse
{quote} --> Well, I am bit more sceptical with Italy this time. If you read Italian and/or talk with people better informed of the context the vote you will see that most of the noise about Italy leaving the EU, the euro and etc with this vote came from the British/Murdoch media outlooks that have their own agenda because of Brexit. --> Don't get me wrong the political instability after Renzi resigning, etc will be definitively there, The extreme right, Berlusconi mafia and the populists will be there fishing but in reality in the case of Italy...
you are absolutely right Sisse and don't get me wrong i don't believe Italy will leave EU (founder and big contributor, EU won't leave it go so easy despite all political posturing and internal power wars) but:

a) No at referendum is a step forward M5S, first party in last surveys (not sure this particular party is well known and understood outside Italy) and more trouble and anti EU populism which i think can affect markets if France/Germany/Holland follow similar paths next months (each one whith is different specific weight of course). Short term i agree and already posted it's not a major concern (apart banking system)

b) after last votings around the world never say never! I'm italian and quite aged to know it seems, and probably is, the usual Gattopardo's "change everything so nothing changes" but this are strange times and some extra worries may be justified: hope i'm wrong.
  • #145,968
  • Dec 5, 2016 10:36am Dec 5, 2016 10:36am
Quoting The Fool
https://www.yahoo.com/finance/news/t...111744001.html lol....."Brownie's doing a fine job!"
Thought about you today with your BDSMm errr... BTFD. Was a perfect scenario today on EURUSD.
  • #145,969
  • Dec 5, 2016 11:42am Dec 5, 2016 11:42am
Quoting goosebone
Short EU at 0717 SL 0751 tp1 0650 tp2 0520 tp 3 0470
splat.
  • #145,970
  • Dec 5, 2016 11:58am Dec 5, 2016 11:58am
Quoting goosebone
{quote} splat.
this is the 3rd time in recent years that large buy orders turn euro around 1.050x in very fast move up .

I thought the bottom was naked this time like Sisse mentionned but whatever the case that area is very well defended even though today move could be a dead cat bounce before annihilation to multi years low .

Certainly large hands cleaning both ways , with soft buyers and sellers taken out of the train whatever is the next direction .

Risk management wise , it is unfortunate to miss last TPs by crumbs . Interesting flows so far !
Get Rich or Die Tryin
  • #145,971
  • Dec 5, 2016 12:03pm Dec 5, 2016 12:03pm
Quoting hoom
{quote} this is the 3rd time in recent years that large buy orders turn euro around 1.050x in very fast move up . I thought the bottom was naked this time like Sisse mentionned but whatever the case that area is very well defended even though today move could be a dead cat bounce before annihilation to multi years low . Certainly large hands cleaning both ways , with soft buyers and sellers taken out of the train whatever is the next direction . Risk management wise , it is unfortunate to miss last TPs by crumbs . Interesting flows so far...
I will try one more attempt just above here at 782 after that I wait to see if 908/964 is in the cards.
  • #145,972
  • Dec 5, 2016 12:08pm Dec 5, 2016 12:08pm
I'm waiting for 1.0850

Clearing longs there and looking for shorts from there into the 1.09 handle
  • #145,973
  • Dec 5, 2016 12:21pm Dec 5, 2016 12:21pm
Quoting Pharm0r
I'm waiting for 1.0850 Clearing longs there and looking for shorts from there into the 1.09 handle
Probably a good idea. Well I'm in at 782 now. My trading has been, lets say less than graceful today. Turning off the screens to let whatever happen.
  • #145,974
  • Dec 5, 2016 12:21pm Dec 5, 2016 12:21pm
EU nearly completing flip target in single session, not unusual as its symetrical to current volatility. The laging one is GU, which has currently set path to break current highs in todays/tomorrow session (no larger macros to follow that view however). DE30 on watch list next few sessions for possible upward leg completion and opening of extended move.
  • #145,975
  • Dec 5, 2016 12:21pm Dec 5, 2016 12:21pm
hi guys, nice run by the bulls .... stopped 3 times in the flow

clearly seems for a very dovish ecb .....

or is there anything else with the flow any1....
Re-Incarnated
  • #145,976
  • Dec 5, 2016 12:43pm Dec 5, 2016 12:43pm
Quoting primejarvis
hi guys, nice run by the bulls .... stopped 3 times in the flow clearly seems for a very dovish ecb ..... or is there anything else with the flow any1....
last trade from you I saw you were long back when I took mine

Quoting goosebone
{quote} Probably a good idea. Well I'm in at 782 now. My trading has been, lets say less than graceful today. Turning off the screens to let whatever happen.
How many trades have you taken in the last 2 weeks? No need to answer- but I think you'll see what I mean if you count

for reference, I've taken one on EU, one AU - still holding both
  • #145,977
  • Dec 5, 2016 12:47pm Dec 5, 2016 12:47pm
Quoting Pharm0r
{quote} last trade from you I saw you were long back when I took mine
i was long but took it near 1.068x .... after that was short took it again near 1.054x ... today i was only short .... was waiting for a test of 1.073x but it seems market proved me wrong .... i really dont see anything more than 1.082x .... max 1.084x .... but i dont thinkit is going to enter in the 1.08xxx range ....
Re-Incarnated
  • #145,978
  • Dec 5, 2016 1:02pm Dec 5, 2016 1:02pm
Quoting Pharm0r
{quote} How many trades have you taken in the last 2 weeks? No need to answer- but I think you'll see what I mean if you count for reference, I've taken one on EU, one AU - still holding both
I hate when you are right. If you could try to be wrong a little more often I would appreciate it.
  • #145,979
  • Dec 5, 2016 1:05pm Dec 5, 2016 1:05pm
 last short tried near 1.078x ... S/l : 1.082x target : low of 2015 .... Let's see how this one pans out .... If I am right this time it officially opened all the flood gates .... By the way I don't see any emotions tab in the mobile site I'd it removed by the admin .... 
Re-Incarnated
  • #145,980
  • Dec 5, 2016 1:08pm Dec 5, 2016 1:08pm
Quoting goosebone
{quote} I hate when you are right. If you could try to be wrong a little more often I would appreciate it.
Hahaha ... That was a good one ....
One day we all be on the same boat ..... Everything right and we all together will erase the wrong word from our dictionary and brain .... 
Re-Incarnated
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