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  • #7,841
  • Jan 25, 2017 2:41pm Jan 25, 2017 2:41pm
Treasuries and Dollar moving opposite at the moment so who is holding the smart money??
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  • #7,842
  • Jan 25, 2017 2:47pm Jan 25, 2017 2:47pm
Quoting squawk
{quote} Hi Ben, Thanks for the links there was some good reading. Def agree on the possibility of more squeezing and more upside. I think the SPX pushes higher Mid term as well but thinking it may!? be likely to test breakout level prior. {image}
Ben there is the more squeezing. Im glad I am not trying to short the SPX at the moment. Ultimately though they are 2 dangerous, measured gap ups to be long.

AU has run back with the Risk on run of the SPX for the time.
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  • #7,843
  • Jan 25, 2017 2:58pm Jan 25, 2017 2:58pm
Messy pattern but is there at the CPI sell off leg. Looking to test that sell off with good buying in the AUD with that SPX to new highs. If SPX goes to test the breakout that should have a sell off in the AU.

Im looking for shorts AU and longs AN
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  • #7,844
  • Jan 25, 2017 3:08pm Jan 25, 2017 3:08pm
Quoting squawk
{quote} Ben there is the more squeezing. Im glad I am not trying to short the SPX at the moment. Ultimately though they are 2 dangerous, measured gap ups to be long. AU has run back with the Risk on run of the SPX for the time. {image}
Too strong for me. My spidey sense kicked in today and told me to leave it alone. Perhaps the expensive education at the Xetra house of pain is paying off at last. We'll see. I was going to have a proper effort at 11870 on the dax if hit the right way but will have to wait and with fresh energy tomorrow I will probably not fancy it. I'll try and just watch the slaughter from the hilltop.
It's all about bucks, kid. The rest is conversation.
  • #7,845
  • Jan 25, 2017 3:11pm Jan 25, 2017 3:11pm
Quoting squawk
{quote} Still in a nice down trend but momentum seems to slowing. I'm long in with a nice chunk of change but waiting to see if it works out for a mid term swing. Breakout to downside for EA would probably have to happen with a treasury and SPX move to new highs or break of 2015 floor of the AU with a sharper spike up on commodities.
Paired 4 positions on EA with the breakout of the SPX and EUs move against Treasuries.
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  • #7,846
  • Jan 25, 2017 3:14pm Jan 25, 2017 3:14pm
Quoting Lalu
{quote} Too strong for me. My spidey sense kicked in today and told me to leave it alone. Perhaps the expensive education at the Xetra house of pain is paying off at last. We'll see. I was going to have a proper effort at 11870 on the dax if hit the right way but will have to wait and with fresh energy tomorrow I will probably not fancy it. I'll try and just watch the slaughter from the hilltop.
I'm with you on that. If market keeps gapping up on speculative postions then we will be in for a mother sell off at some stage.
  • #7,847
  • Jan 25, 2017 3:29pm Jan 25, 2017 3:29pm
Was reading some Ray Dalio yesterday theres a few here I thought were good instead of more charts.

To be truly objective requires us to acknowledge frequent mistakes and wrong beliefs both of which everybody is guilty of. I can assure you that you hold a number of completely false beliefs and have numerous poor habits. I know I do. And dealing with these are initially painful. That initial pain stems from the human ego.

I believe that one of the best ways of getting at truth is reflecting with others who have opposing views and who share your interest in finding the truth rather than being proven right.

Dont be a perfectionist, because perfectionists often spend too much time on little differences at the margins at the expense of other big, important things. Be an effective imperfectionist. Solutions that broadly work well (e.g., how people should contact each other in the event of crises) are generally better than highly specialized solutions (e.g., how each person should contact each other in the event of every conceivable crisis).

Ask yourself whether you have earned the right to have an opinion. Opinions are easy to produce, so bad ones abound. Knowing that you dont know something is nearly as valuable as knowing it. The worst situation is thinking you know something when you dont.

Remember that experience creates internalization. Doing things repeatedly leads to internalization, which produces a quality of understanding that is generally vastly superior to intellectualized learning.
  • #7,848
  • Jan 25, 2017 5:14pm Jan 25, 2017 5:14pm
NU

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It's all about bucks, kid. The rest is conversation.
  • #7,849
  • Jan 25, 2017 5:21pm Jan 25, 2017 5:21pm
Quoting Mr. Scott
{quote} Did 886 on top, and 886 on bottom, 113 was tradeable of that 886 posted here is sneaky... {image}
Hay boss been waiting for you to post this hope we are right I get 76% in and about yours soon see if so we see 2377 area and worse case 2170 ???? If not looking at 2800 hope your good long time no speak ? Not posted too much on the thread . That is gbusd . Pm regards B
  • #7,850
  • Jan 25, 2017 8:44pm Jan 25, 2017 8:44pm
Quoting elbert3
{quote} Hay boss been waiting for you to post this hope we are right I get 76% in and about yours soon see if so we see 2377 area and worse case 2170 ???? If not looking at 2800 hope your good long time no speak ? Not posted too much on the thread . That is gbusd . Pm regards B
Hey B,

Good to see you. Must be on the wine again celebrating those longs.
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #7,851
  • Jan 25, 2017 9:12pm Jan 25, 2017 9:12pm
Maybe I should just write a book Dow 40,000...oh wait....
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #7,852
  • Jan 26, 2017 12:56am Jan 26, 2017 12:56am
Quoting Mr. Scott
{quote} This is very important, 13 hours ago or so someone at FF hinted the end of sterling, risk, blah, blah...I took the trades as charts said so...important part is don't listen to ff.... {image}
TP 2 seems imminent if you are still holding the trade
  • #7,853
  • Jan 26, 2017 1:28am Jan 26, 2017 1:28am
as NU approaching 786, almost every retrace forms a XA of crab
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Voll Verdienst, doch dichterisch, wohnt der Mensch auf der Erde.
  • #7,854
  • Jan 26, 2017 1:49am Jan 26, 2017 1:49am
after last shark & crab combo, now EG is at its 618 target. thought that 113 is better, as we just got a failed wedge.
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Voll Verdienst, doch dichterisch, wohnt der Mensch auf der Erde.
  • #7,855
  • Jan 26, 2017 2:43am Jan 26, 2017 2:43am
Quoting squawk
Was reading some Ray Dalio yesterday theres a few here I thought were good instead of more charts. To be truly objective requires us to acknowledge frequent mistakes and wrong beliefs both of which everybody is guilty of. I can assure you that you hold a number of completely false beliefs and have numerous poor habits. I know I do. And dealing with these are initially painful. That initial pain stems from the human ego. I believe that one of the best ways of getting at truth is reflecting with others who have opposing views and who share your interest...
Some good quotes there Squawk. I would add that seeking perfection is no bad thing but just accept it's not always achievable and everyone's idea of perfection is different, someone else's perfection could be your average and vice versa. Rigidity kills and trust your gut, it's our inbuilt early warning system. Like "shit time to run I'm about to be munched by a (suitably aggressive animal of choice here)"
Once You See, You Can't Unsee But You Will Get The Odd Poke In The Eye
  • #7,856
  • Jan 26, 2017 4:51am Jan 26, 2017 4:51am
GN tried the 50% and twice thwarted. Perhaps a re-grouping at the 382/cypher circa 172.

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It's all about bucks, kid. The rest is conversation.
  • #7,857
  • Jan 26, 2017 4:57am Jan 26, 2017 4:57am
Quoting Mr. Scott
{quote} Hey B, Good to see you. Must be on the wine again celebrating those longs. {image}
No no Friday and sat . Your 38% 2278 ish looks like it might be a saving grace . If if it shorts 2170 is a watch number to but it's all but at this time but lol we will make notes , regards B
  • #7,858
  • Jan 26, 2017 6:06am Jan 26, 2017 6:06am
Quoting fxderek
after last shark & crab combo, now EG is at its 618 target. thought that 113 is better, as we just got a failed wedge. {image}
She has big set up for down still be playing a little retrace love EG she give direction for e/x and g/x
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #7,859
  • Jan 26, 2017 6:19am Jan 26, 2017 6:19am
Also had Cad shark, on auto, target done, guess people are smarter could get more...
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #7,860
  • Jan 26, 2017 6:36am Jan 26, 2017 6:36am
Little UJ
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The world you desire can be won. It exists.. it is real.. it is possible..
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