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The Really Useless Thread

  • #148,981
  • Mar 27, 2017 10:16am Mar 27, 2017 10:16am
Quoting gatorinla
{quote} i had it as missed a month back.. the risk at +115.62, and a missed norm at 115.61 seemed like a good r/r play for me.. if wrong, i will have egg on my face for 4 pips.. i could tighten up to 3 pips.. i just dont know what the spread will be and may get caught up in a spread widening rollover s/o.
oh well i missed the pending surgical uj entry by 13 pips... sadly for me its 500 pips lower now.. still expect a 97 or 96 handle.. uj.. usdx doing as posted attration to.. eu and gu on course as well..
those who can, do. those who cant, talk about those who can
  • #148,982
  • Mar 27, 2017 10:20am Mar 27, 2017 10:20am
tried some shorts around 1,0880 without succes, flat again
Don't be a hero. Don't have an ego. Always question yourself
  • #148,983
  • Mar 27, 2017 10:22am Mar 27, 2017 10:22am
maybe we could have another Arab spring in Russia. timing may be a little off. they may get little support from u.s.
those who can, do. those who cant, talk about those who can
  • #148,984
  • Mar 27, 2017 10:36am Mar 27, 2017 10:36am
I'm expecting day roll around 1.087x, but attack on Q high might still come. W/M/Q roll play to be neutral between 1.079x - 1.08x, bullish above, bearish below. So it could be good idea to wait with entry for roll and see.
  • #148,985
  • Mar 27, 2017 10:51am Mar 27, 2017 10:51am
Quoting Replicant
We are supposed to load in calm waters and we are just breaking out with a W gap, so my opinion is no shorts. I would have picked sideline like chester, I've missed the train to the upside, let's accept it and let the pig exhaust itself now.
Thanks for the reminder!
I think now is the appropriate time to reload for shorts. With Trump disappointing and ECB policy noise, retailers are already changing their direction to long, so it's time to go short.
We have the D/M/Q high.
  • #148,986
  • Mar 27, 2017 10:51am Mar 27, 2017 10:51am
Quoting hoom
{quote} a full extension is the break of the last swing high/low in this case 1.087x - 1.033x , the immediate level of interest after 1.087x is 1.098x . the usual pattern in overshoots is 40/60 pips for exemple that's what I call full extension in the case of euro move.
I see. 40 to 60 pips above the swing high
  • #148,987
  • Mar 27, 2017 11:25am Mar 27, 2017 11:25am
can any one help me with this ...

forexfactory.com is working fine in desktop and laptop but not getting connected via mobile ....

408 request timed out (reason) reflecting in the chrome browser updaated the chrome app/browser ...

any help appreciated /.....
Re-Incarnated
  • #148,988
  • Mar 27, 2017 11:50am Mar 27, 2017 11:50am
Quoting primejarvis
can any one help me with this ... forexfactory.com is working fine in desktop and laptop but not getting connected via mobile .... 408 request timed out (reason) reflecting in the chrome browser updaated the chrome app/browser ... any help appreciated /.....
works fine on my mobile chrome app , are you using the same internet connection[wifi] on both pc and mobile ? could be related to your mobile data connection .
check with another browser [firefox/opera] to be sure .
Get Rich or Die Tryin
  • #148,989
  • Mar 27, 2017 11:56am Mar 27, 2017 11:56am
Quoting hoom
{quote} works fine on my mobile chrome app , are you using the same internet connection[wifi] on both pc and mobile ? could be related to your mobile data connection . check with another browser [firefox/opera] to be sure .
its an mobile data provider issue .... opened the hotspot connected to laptop and tried but failed ....

thankx hoom.... have to report an issue to the data provider .... long time didnt posted any due to all this crappy data connection maximum time i am on mobile .... anyways thankx again ....
Re-Incarnated
  • #148,990
  • Mar 27, 2017 11:59am Mar 27, 2017 11:59am
Quoting Fadhl
{quote} Thanks for the reminder! I think now is the appropriate time to reload for shorts. With Trump disappointing and ECB policy noise, retailers are already changing their direction to long, so it's time to go short. We have the D/M/Q high.
Just reciting a lesson I've learnt here
I have loaded some shorts with London going home as there was a nice setup on H4 (shooting star + stochastic cross). I am now waiting for the next candle to keep or drop them. However, it could be only a retrace to 1,081x to close the gap and then make a new HH later (to sisses fib level 1,093x?). I will load fully only with a clear signal on D1 or, if it's not happening, before NFP next week.
  • #148,991
  • Mar 27, 2017 1:06pm Mar 27, 2017 1:06pm
Europe going home with equities still trying to shake out Friday news. Without further data and without a Tweet we are set for a deeper and proper retrace in US Equities SPX (ES 2343.xx -> 2290x for trading reference) in a relative quick move.

On the FX board, all markets behaving. Highlights come from Euro* for the end of Q1 that is triggering update in outlooks for the close today.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #148,992
  • Mar 27, 2017 1:14pm Mar 27, 2017 1:14pm
Quoting sisse
Europe going home with equities still trying to shake out Friday news. Without further data and without a Tweet we are set for a deeper and proper retrace in US Equities SPX (ES 2343.xx -> 2290x for trading reference) in a relative quick move. On the FX board, all markets behaving. Highlights come from Euro* for the end of Q1 that is triggering update in outlooks for the close today. sisse
when uj falls, usually stocks do. uj has more room to fall.
those who can, do. those who cant, talk about those who can
  • #148,993
  • Mar 27, 2017 3:31pm Mar 27, 2017 3:31pm
as for today close
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  • #148,994
  • Mar 27, 2017 4:23pm Mar 27, 2017 4:23pm
...and we are rolling with an uneventful session across the board and no surprises in the Euro closing as widely expected since the European morning a couple of ticks around 1.087x.

A bearish daily close but the only one in play is a key Q/M close this week. For the rest of the week we have both Sterling (1.255x)and Euro (1.088x) levels to track for the Brexit Chapter 2 announcement that is expected to officially trigger the beginning of the core mid term flows in the UK and Europe as collateral.

On the rest of the board not much to see or do but same levels, same trades, same all.

I was going to update outlooks in Euro* today but given we are just 'minutes' from Brexit official trigger and Q close, we'll do it later in the week to have all data on the table (doubt there is any unexpected changes) .

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #148,995
  • Mar 28, 2017 3:27am Mar 28, 2017 3:27am
European equities finding strong foot on the opening. DAX is set for ATH on a smooth ride so far since numbers turned around. As soon as risk from elections is clear, holding cash will be a very expensive affair in Europe investing wise...

All markets on track. Expecting very smooth tides across the board.

Quoting sisse
{quote} One more time no longs for you ...we'll discuss later but just a quick note of the last chances to go long since the FED that we have discussed live. Just to check back in your charts if something trigger ('dont get too close to the market to chart fit these calls...): @1.063x, @1.071x, @ 1.071x, @1.076x, @1,079x, @1.087x.... Obviously you missed the train up thats not the point ...the idea is for you to check how it was/is unfolding from a price based perspective .... I hope it helps... sisse
@Earleone

What about now taking longs 1.084x -> 1.980x ? or should we sevenfold the bet and this time take shorts instead 1.086x -> 1.080x? ... has anything changed or not really?

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #148,996
  • Edited 3:54am Mar 28, 2017 3:42am | Edited 3:54am
Quoting sisse
European equities finding strong foot on the opening. DAX is set for ATH on a smooth ride so far since numbers turned around. As soon as risk from elections is clear, holding cash will be a very expensive affair in Europe investing wise... All markets on track. Expecting very smooth tides across the board. {quote} @Earleone What about now taking longs 1.084x -> 1.980x ? or should we sevenfold the bet and this time take shorts instead 1.086x -> 1.080x? ... has anything changed or not really? sisse...
We are in a uptrend. With a sell outlook. We have tested top and fading so a trade from 1.0860 to 1.08 is reasonable. Nothing has actually changed economical. But political we has a spike on the health care failure fr Trump. He is loosing face for now and market is nervous about he's ability to make the Tax cuts come true. So I go for a short here. It should be possible to lock in BE atleast at support. It is early and no confirmation for the short but 1.08 is the support.
Trading in the shadow of SM
  • #148,997
  • Mar 28, 2017 7:57am Mar 28, 2017 7:57am
Retail is high on life.
"Our clients are happy their accounts are going up. Youll never have a client calling you at the top of the market saying, Im ready to get defensive and go into cash."

https://www.bloomberg.com/news/artic...-euphoric-news
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  • #148,998
  • Mar 28, 2017 8:06am Mar 28, 2017 8:06am
Uneventful European morning with European (all except UK for obvious reasons this week) Equities eager to fly high, carrying commodities especially OIL that was in urgent need for a push on the demand side to offset weak OPEC positions in the last few weeks.

On the FX board, all currencies in standby with Dollar, Euro and to lesser extend Yen on key areas (setting the Low of the year, High of Q1/Q2 and Low of the Q1 / Q2 respectively).

Eyes on reports today as US equities are desperate to shake out Friday flop that is getting worst by the minute with Trump kicking the can from the economic plan and taxes to a rather political dangerous battle in the environment policy.

A failure and we may end up with a full profit taking leg leaving, as it usually happens when is noise and no content in the economic front, a very short-lived Trump honeymoon rally unch benefiting everybody else but the average American...

Expecting solid numbers, anything else and we may as well start trading Q2 already as early as today after Europe goes home...

sisse

Quoting Earleone
{quote} We are in a uptrend. ... It is early and no confirmation for the short but 1.08 is the support.
What uptrend?
What is confirmation for you?

So one more time no longs and this time taking shorts.... ok lets see. We'll discuss later
Pending conversations? PM for a chat...I am mainly in OTM now
  • #148,999
  • Mar 28, 2017 8:18am Mar 28, 2017 8:18am
short eurusd@ 1.0851 area little early trade
don't predict direction, but dance with flow of water
  • #149,000
  • Mar 28, 2017 8:34am Mar 28, 2017 8:34am
Quoting sisse
Trump kicking the can from the economic plan and taxes to a rather political dangerous battle in the environment policy.
Wondering if the long game strategy is to get the legislative losses and partial losses out of the way early on and ride the easier victories in closer to reelection planning time. Risky game since all that's only one part of the approval equation and there's sure to be plenty of unseen developments between now and then. Just a guess.
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