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The Really Useless Thread

  • #147,221
  • Jan 26, 2017 1:50pm Jan 26, 2017 1:50pm
Quoting kasper
{quote} if you have a moment, could you explain the statement "couldn't lock the 1.08xx handle before the FED"? Sorry for the newbish questions but ... 1) how is a handle locked? 2) how is a handle opened? 3) definition of a handle? etc. thanks in advance
If this was asked on some other forum one could asume you are asking for instructions about door opening
  • #147,222
  • Jan 26, 2017 1:58pm Jan 26, 2017 1:58pm
Quoting kasper
{quote} if you have a moment, could you explain the statement "couldn't lock the 1.08xx handle before the FED"? Sorry for the newbish questions but ... 1) how is a handle locked? 2) how is a handle opened? 3) definition of a handle? etc. thanks in advance
Major level. For example in the case of EU or GU or anything priced in Dollars or currency with similar units it would be the penny (1.0843, 1.2267, 1.1349, etc)

Locked/Unlocked you got to read more around here to pick up why sisse or anyone might refer to a level as locked or not but I think ExForx gave a good explanation there.
  • #147,223
  • Edited 2:48pm Jan 26, 2017 2:07pm | Edited 2:48pm
Quoting janpec1000
{quote} If this was asked on some other forum one could asume you are asking for instructions about door opening
Hey you'd be surprised. At my store I had to put instructions on the doorknob to get out. Customers would just push on the door over and over getting frustrated till I put a sign up "Turn Knob To Open Door". True story. I think they would have been trapped in the store forever if I didn't help them out. Sign's been up 7 years.
  • #147,224
  • Jan 26, 2017 2:08pm Jan 26, 2017 2:08pm
Quoting janpec1000
{quote} If this was asked on some other forum one could asume you are asking for instructions about door opening
okay then ... can you open the door for me? or tell me how to open it? :-)

Quoting goosebone
{quote} Major level. For example in the case of EU or GU or anything priced in Dollars or currency with similar units it would be the penny (1.0843, 1.2267, 1.1349, etc) Locked/Unlocked you got to read more around here to pick up why sisse or anyone might refer to a level as locked or not but I think ExForx gave a good explanation there.
been reading a while .... just searching the thread on this site is a pita when looking for certain topics, etc. thanks.
  • #147,225
  • Jan 26, 2017 2:53pm Jan 26, 2017 2:53pm
Quoting kasper
{quote} okay then ... can you open the door for me? or tell me how to open it? :-) {quote} been reading a while .... just searching the thread on this site is a pita when looking for certain topics, etc. thanks.
you can start with Google....

" What is a 'Handle':
A handle is the whole number part of a price quote. In a quote the handle could be $56, while the price quote for stock might be $56.25. The quote's handle eliminates the part of the price quote that is a decimal. In foreign exchange markets, the handle refers to the part of the price quote that appears in both the bid and the offer for the currency. For example, if the EUR/USD currency pair has a bid of 1.4183 and an ask of 1.4185, the handle would be 1.41 - the part of the quote that is equal to both the bid and the ask. Also called big figure. "

Read more: Handle Definition | Investopedia http://www.investopedia.com/terms/h/...#ixzz4Wu37cfvf

9 years mate in your profile ....are we sure we are not one of those reincarnation multiple usernames or it's an honest question because you have only been trading as a hobbiest now and then .... I hope is the later ...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #147,226
  • Jan 26, 2017 3:12pm Jan 26, 2017 3:12pm
hm, and suddenly we know how mexico is gonna pay. no suprises.

in any case: E/U is turning bearish as expected. see the chart for my view. if tomorrow is inline next week is gonna decide the leg. another tweet manic from trump is just gonna exagerate the move.
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  • #147,227
  • Jan 26, 2017 3:18pm Jan 26, 2017 3:18pm
Quoting goosebone
{quote} Hey you'd be surprised. At my store I had to put instructions on the doorknob to get out. Customers would just push on the door over and over getting frustrated till I put a sign up "Turn Knob To Open Door". True story. I think they would have been trapped in the store forever if I didn't help them out. Sign's been up 7 years.
Buddy you remind me of one of my shop ... People use to push the glass door like no other but the door gets jam at 10℅ ... The right way was to pull to open ... But some people are so ridiculous that after putting the pull me sign still pushing the door ... Lastly at one point of time I freed the door to both side .....
Re-Incarnated
  • #147,228
  • Jan 26, 2017 3:24pm Jan 26, 2017 3:24pm
Quoting sisse
{quote} you can start with Google.... " What is a 'Handle': A handle is the whole number part of a price quote. In a quote the handle could be $56, while the price quote for stock might be $56.25. The quote's handle eliminates the part of the price quote that is a decimal. In foreign exchange markets, the handle refers to the part of the price quote that appears in both the bid and the offer for the currency. For example, if the EUR/USD...
apologies for the ignorant and lazy question. definitely not a reincarnation multiple usernames, it was an honest question as I have been struggling for the 9 years since i've been a member and need to stop the insanity of the random approaches i've been taking to currency.

apologies for the disruption and ignorance.
  • #147,229
  • Jan 26, 2017 3:56pm Jan 26, 2017 3:56pm
After the retrace to 20.8x and with todays news, buying USD.MXN looks really tempting...
  • #147,230
  • Edited 4:21pm Jan 26, 2017 4:03pm | Edited 4:21pm
...and we rolled. Slightly bearish close in the Euro. Here expecting preemptive RMT flows to kick start from tomorrow.

Not much to see or do with same levels same trades same all.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #147,231
  • Jan 26, 2017 4:14pm Jan 26, 2017 4:14pm
Quoting Replicant
After the retrace to 20.8x and with todays news, buying USD.MXN looks really tempting...
We all knew that Trump openly hated Mexicans (among others in the very long list) since day one but as President of the US what he is doing is just plain bullying and aggressive.

Nothing comes for free when you are arrogant, aggressive and humiliate your neighbours and friends ...time will tell ...but I hear voices in Mexico to start considering legalising the production of drugs or at least 'stop controlling' the border for trafficking and flood the American market with drugs and co, to tax back (and by a large gain on top)the wall tax ....

Insanity, populist, protectionism, fights conflict and trying to bully the world to separate into tiny crumbs to control in size instead of in good leadership ...sounds like Lenin in the former Soviet Union ....strange times we live on with the US getting closer to a Communist, third world populist country ....We are going at full throttle. The honeymoon period is for 1 yea at least and at this pace I am afraid we wont get even that far ....

Keeping a close eye if Trump is just a flat track bully or it will do the same when is match with opponents of the same weight ...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #147,232
  • Jan 26, 2017 6:38pm Jan 26, 2017 6:38pm
Quoting sisse
{quote} We all knew that Trump openly hated Mexicans (among others in the very long list) since day one but as President of the US what he is doing is just plain bullying and aggressive. Nothing comes for free when you are arrogant, aggressive and humiliate your neighbours and friends ...time will tell ...but I hear voices in Mexico to start considering legalising the production of drugs or at least 'stop controlling' the border for trafficking and flood the American market with drugs and co, to tax back (and by a large gain on top)the wall tax...
Yes this is sad and appaling news.

He is a 70 years old spoilt child unabled to deal with frustration and who governs like someone will play board games. Having zero empathy for people who live on the other side of the border just because they live on the other side of the border will remain a mistery for me all my life.

Below famous US President Abraham Lincoln in 1863, 20 years before the parents of Tumps father immigrated from Germany to USA and 70 years before Trumps mother immigrated from Scotland...
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  • #147,233
  • Jan 26, 2017 7:41pm Jan 26, 2017 7:41pm
20% Border Tax on all goods from Mexico is the soft story currently. Apparently nobody is supposed to worry about the implications yet because it might turn out only to be a brilliant "negotiating tactic" on the part of the White House.
  • #147,234
  • Jan 26, 2017 11:32pm Jan 26, 2017 11:32pm
if/when u.s. lifts Russian sanctions, i suspect shit hits the fan.
those who can, do. those who cant, talk about those who can
  • #147,235
  • Jan 26, 2017 11:34pm Jan 26, 2017 11:34pm
Quoting sisse
{quote} We all knew that Trump openly hated Mexicans (among others in the very long list) since day one but as President of the US what he is doing is just plain bullying and aggressive. Nothing comes for free when you are arrogant, aggressive and humiliate your neighbours and friends ...time will tell ...but I hear voices in Mexico to start considering legalising the production of drugs or at least 'stop controlling' the border for trafficking and flood the American market with drugs and co, to tax back (and by a large gain on top)the wall tax...
heads up on sanctions.
those who can, do. those who cant, talk about those who can
  • #147,236
  • Jan 27, 2017 2:34am Jan 27, 2017 2:34am
USD Bulls back in again. Resistance to be tested now. We have a narrow HL.
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Trading in the shadow of SM
  • #147,237
  • Jan 27, 2017 7:16am Jan 27, 2017 7:16am
Eyes on reports. Expecting FED flows to enter in motion from the open and especially for the W close.

sisse

Quoting gatorinla
if/when u.s. lifts Russian sanctions, i suspect shit hits the fan.
Well we all know that Trump and the Russian oligarchs are best mates and 'business' partners but what exactly you are expecting marketwise or what kind of 'domino' you expect on top of the obvious political implications?

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #147,238
  • Jan 27, 2017 7:34am Jan 27, 2017 7:34am
...slight miss on the headline ...we are in [slight] bad news is good news for equities that can keep riding the pig via Trump promises and kicking the can as far as possible until the FED trigger the next round...

Eyes on NY.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #147,239
  • Edited 8:03am Jan 27, 2017 7:45am | Edited 8:03am
Tracking gold, 1181 giveaway opens possible direct selloff, if we get bounce 1182 should do it for longs. 0.9986 usdchf for dollar on bear side.
  • #147,240
  • Jan 27, 2017 8:01am Jan 27, 2017 8:01am
Quoting gatorinla
if/when u.s. lifts Russian sanctions, i suspect shit hits the fan.
More like when, hint state department clearout. Eyes on RUB for that one, but the question is will the EU fold too, there is large divergence in EU politics from current US president, there could be some nagging coming for that.
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