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The Really Useless Thread

  • #148,841
  • Mar 23, 2017 2:38am Mar 23, 2017 2:38am
Quoting sisse
Equities struggling on the open....watch-out for Euro taking the highs with the FIX. Important updates from sisse coming on the close today ... sisse
Has the terrorist attack change your important update for the close?
regards
  • #148,842
  • Mar 23, 2017 3:00am Mar 23, 2017 3:00am
Quoting IMARICH1
I would add a Long here for .087x as I still have this gut feeling that .097x is in the cards of this extended retrace.
If I may connect to discussion, I agree with IMARICH1 and still see possibility for test .097x
For me very important is 083x and I see retrace here (+/- 100 pips) and later continuation up...

My plan can destroy any dovish/hawkish coment from FED members this week - for example Yellen and Kashkari today.
  • #148,843
  • Edited 4:50am Mar 23, 2017 3:56am | Edited 4:50am
Entering long 40 pips below resistance when that resistance hasn't been broken yet seems strange to me. But I'm no expert that's for sure. I guess 830 does look a bit softer up close and with a strong path up from the 1.05x handle behind us. Good luck with it all you guys going long at these levels.
I did the opposite yesterday and tested the waters with a small short at 806 after the 826 high rejection. Stop 845 TP1 740, TP2 at 610, target 460. Won't be shocked if stopped, 830 is my mid term flip which makes this boat i got a bit small to say the least. Ill use a bigger one at 870 if 830 is broken. But r:r looks good just below resistance and outlook is sell after all. 830 was the level I missed last time so I got to at least try it with a penny or two.
  • #148,844
  • Mar 23, 2017 4:39am Mar 23, 2017 4:39am
Quoting sisse
... So again no longs for @Earleone . Fourth consecutive time ...for the sake of the argument lets take a fourfold bet with a long 1.079x ... we'll discuss later sisse PS: In that chart, you are planting even more trees in already dense forest ...my 2 cents, you have way too many levels and 'magic' lines ...you are going to get lost in translation. The answer to your current concerns about this leg is not there in my books ....
Thank you, I see your point with the levels . Took a look at my old monthly chart. It makes me more confident not to look / switch to longs at this level. If we establish above 1.0830 weekly / monthly close I can change opinion. atleast to go flat for a period until we start to take out my intraday handles from the upside to the downside on my colorful daily chart. ( Taking the trades going out the door not in seems to be one of my weaknesses )
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Trading in the shadow of SM
  • #148,845
  • Mar 23, 2017 4:52am Mar 23, 2017 4:52am
GJ watching for possible clearout and squeeze play. 250 needs to give for directional play for longs, played front side of move yesterday from 700 but got BE on retrace.
If 138 gives away this could get very heavy, nothing else to track for invalidation.
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  • #148,846
  • Mar 23, 2017 5:54am Mar 23, 2017 5:54am
Can anyone help me to understand the abbr of TA or ST....? Trying to understand the thread here. Thank you.
  • #148,847
  • Mar 23, 2017 6:04am Mar 23, 2017 6:04am
Quoting redmillion
Can anyone help me to understand the abbr of TA or ST....? Trying to understand the thread here. Thank you.
TA = Technical Analysis, ST = Short-term, MT = Medium Term, FA = Fundamental Analysis, anything else just ask mate!
  • #148,848
  • Mar 23, 2017 6:13am Mar 23, 2017 6:13am
Quoting workingforex
{quote} TA = Technical Analysis, ST = Short-term, MT = Medium Term, FA = Fundamental Analysis, anything else just ask mate!
Thank you, mate.
  • #148,849
  • Mar 23, 2017 7:23am Mar 23, 2017 7:23am
Quoting goosebone
{quote} No break no shake. (A phrase coined here by sisse but also found in the Burger King employee handbook)
No break 1.0830 so, ST target 1,0720-1,0660 are for the shake.
  • #148,850
  • Mar 23, 2017 8:30am Mar 23, 2017 8:30am
Quoting Traderak
{quote} No break 1.0830 so, ST target 1,0720-1,0660 are for the shake.
Yup. Not done with 830 yet by any stretch but if no break then, by definition, no shake. Contrary to a some in the thread I don't believe it's early to take cautious shorts below 830. But I do think it's early to feel those stops are safe just yet. Closing the week red under 738 would be a good sign for bears. I'd say it's likely we close it neutral/bullish between here (782) and the high at 826.
  • #148,851
  • Mar 23, 2017 8:42am Mar 23, 2017 8:42am
US Healthcare Reform seems having lack of support from Republicans!
In the case of delaying the vote on it, it will send a sign to market about all Trump promises including taxes cut and infrastructure investments. In my view the US Equities will sink dramatically!
  • #148,852
  • Mar 23, 2017 8:45am Mar 23, 2017 8:45am
Voting no will put them in the crosshairs of The Donald
  • #148,853
  • Mar 23, 2017 9:01am Mar 23, 2017 9:01am
Crosshairs of his nerf power blaster? That's where approval ratings come in. It's the only time they matter to anyone but the media. He's speaking loudly and carrying a very small stick compared to before his approval plummeted. I don't think any of them are too scared of him right now anyway. If it passes the house that might change in the Senate though. That's a steeper hill to begin with.
  • #148,854
  • Mar 23, 2017 9:03am Mar 23, 2017 9:03am
Quoting Pharm0r
Voting no will put them in the crosshairs of The Donald
he may be in jail by then (don't drop the soap) or Snowdens neighbor.
those who can, do. those who cant, talk about those who can
  • #148,855
  • Mar 23, 2017 9:08am Mar 23, 2017 9:08am
Quoting gatorinla
{quote} he may be in jail by then or Snowdens neighbor.
More dots getting connected every day on that front. Wonder what the pic will look like when they connect the last one.
I just want to know how to trade that!? Maybe that'll be the day I finally get to trade an epic capitulation leg.
  • #148,856
  • Mar 23, 2017 9:16am Mar 23, 2017 9:16am
Quoting goosebone
{quote} More dots getting connected every day on that front. Wonder what the pic will look like when they connect the last one. I just want to know how to trade that!? Maybe that'll be the day I finally get to trade an epic capitulation leg.
pence .. if so, i doubt he will follow trumps infrastructure path. it would probably be political suicide to pardon trump. ford did Nixon and it didn't end well. the ones still backing trump may be in trouble across the board in 2 years. this is a hornets nest. Lindsey Graham and John McCain seem to be ok. Paul Ryan is on the hot seat with the crazies like Boehner was.. Briebart is taking pot shots at Ryan, he days are numbered..

the buck dont stop with Trump.. he will throw everyone under the bus.. but i doubt any of them are "ollie norths".. they will squeal like pigs..
those who can, do. those who cant, talk about those who can
  • #148,857
  • Mar 23, 2017 9:19am Mar 23, 2017 9:19am
you really think a US president would go to jail?

These are the reasons I can't take these conversations seriously- they always go 0-100 to conspiracy in the matter of two posts

see you guys tomorrow
  • #148,858
  • Mar 23, 2017 9:27am Mar 23, 2017 9:27am
Quoting Pharm0r
you really think a US president would go to jail? These are the reasons I can't take these conversations seriously- they always go 0-100 to conspiracy in the matter of two posts see you guys tomorrow
in his own words.. he said traitors should be shot. Nixon was going to jail had ford not pardon him. 3 hots and a cot.. and the added bonus of all the sex u want.

this Russian stuff isn't new.. we have talked about it since January 2016. it was just drowned by the Russian bots..
those who can, do. those who cant, talk about those who can
  • #148,859
  • Edited 9:38am Mar 23, 2017 9:27am | Edited 9:38am
I hear you. It's sounds crazy. It is crazy. I doubt that it will lead to such a dramatic outcome. And we don't really need to take it seriously. The FBI is doing that for us. And you won't find me chanting "Lock him up!" anytime soon unless they actually come up with something.
  • #148,860
  • Mar 23, 2017 9:38am Mar 23, 2017 9:38am
Quoting goosebone
I hear you. It's sounds crazy. It is crazy. I doubt that it will lead to such a dramatic outcome. And we don't really need to take it seriously. The FBI is doing that for us. But you won't find me chanting "Lock him up!" anytime soon unless they actually come up with something.
the man who saw the evidence cant say what he saw. but he did say Sunday it was circumstantial.. he now says its greater than circumstantial.

his example of circumstantial is, going to bed and waking to see snow on the ground. he said that is circumstantial evidence it snowed the night before.

proof is the act of actually seeing it snow.. in his example

he has raised his Sunday assessment above circumstantial

make of that what you may.
those who can, do. those who cant, talk about those who can
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