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The Really Useless Thread

  • #149,581
  • Apr 11, 2017 11:27am Apr 11, 2017 11:27am
Quoting Pharm0r
{quote} Fekkin UJ...
Everytime i think i got it. I dont got it.
  • #149,582
  • Apr 11, 2017 11:30am Apr 11, 2017 11:30am
Quoting goosebone
{quote} Everytime i think i got it. I dont got it.
That's the spirit of forex and thats why we all love it, don't we?
Hero calls followed by margin calls...
  • #149,583
  • Apr 11, 2017 11:34am Apr 11, 2017 11:34am
Quoting PhAnTi'
{quote} That's the spirit of forex and thats why we all love it, don't we?
Yep. Would have been a politician or a weatherman if i wanted to get paid when im wrong.
  • #149,584
  • Apr 11, 2017 11:42am Apr 11, 2017 11:42am
Quoting goosebone
{quote} Everytime i think i got it. I dont got it.
Never could trade UJ

at this point I'm content just having it up on the screen as a risk-o-meter, not to be traded
  • #149,585
  • Apr 11, 2017 11:57am Apr 11, 2017 11:57am
Quoting Pharm0r
{quote} Never could trade UJ at this point I'm content just having it up on the screen as a risk-o-meter, not to be traded
Whiff of risk smoke continues. Interesting how french elections could potentially fade into war background between posturing in syria and NK depending on timing and developments.
Whats the best way to fix a popularity problem if you are the prez? He needs those numbers if he wants downballot clout for tax reform, etc.
Plenty more smoke to come from those fronts. Fire or not. Thats my guess.
  • #149,586
  • Apr 11, 2017 12:47pm Apr 11, 2017 12:47pm
Quoting Pharm0r
{quote} Never could trade UJ at this point I'm content just having it up on the screen as a risk-o-meter, not to be traded
Just out of curiosity. You were long and i assume at one time you must have been in profit as well or no..???
If i recall correctly. The trump rally you made 400+ pips in uj. Not that you post any trades or anything but one can gather. Yet you dont seem comfartable with the pair. Why would you say that.......
  • #149,587
  • Apr 11, 2017 1:01pm Apr 11, 2017 1:01pm
Quoting Pharm0r
{quote} Never could trade UJ at this point I'm content just having it up on the screen as a risk-o-meter, not to be traded
lol, same here. got burned many times there - cannot even remember one profitable trade there. even hard to analyze for me from FA perspective with that CB beyond monetary imagination. I guess mastering the UJ is the ultimate lvl of masters like sisse think will reach that lvl by retirement :/
  • #149,588
  • Apr 11, 2017 1:44pm Apr 11, 2017 1:44pm
Very scary closes today in the making in Yen, Gold and Dollar added to very sharp run today to Treasuries and German bonds....Anybody doubt what's going on in the background? ...

The extreme calm across main mass media and the average Joe investor in the street is rather unsettling if you see the moves and flows cooking in the last few days....

For those who have been in this business long enough, you know that these v. sharp divergences in perception only occur before major moves in markets when smart money is trading A and the rest is just happily thinking nothing is going on and keep trading Z....

The scent of blood from last week, instead of fading away, is getting more and more intense...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #149,589
  • Apr 11, 2017 2:10pm Apr 11, 2017 2:10pm
...and we are rolling with a bearish close in the Euro. We are going to set the high of this month rather early this time in the current leg. 1.058x only level to track until next week....

We have a very short week with an extremely light and uneventful calendar on the FX macro front for the next few weeks. There is some minor scatter numbers from US inflation and an expected very dull ECB in between French elections. No market movers at all with the only things in play from geopolitics, risk and obviously French elections...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #149,590
  • Apr 11, 2017 3:15pm Apr 11, 2017 3:15pm
i have the uj going to 1.0876... but b4 i have an outside chance for another entry 111.14/60 area.. not a recommendation for a long.. but i did place pending shorts there..
..
those who can, do. those who cant, talk about those who can
  • #149,591
  • Apr 11, 2017 4:32pm Apr 11, 2017 4:32pm
Quoting gatorinla
i have the uj going to 1.0876... but b4 i have an outside chance for another entry 111.14/60 area.. not a recommendation for a long.. but i did place pending shorts there.. ..
I had the short from 111.28 but closed at 110.29 expecting a bounce from there.... back to your 111.xx area. flat now waiting to see where to from here not confident enough to pull the trigger either way at the moment.
Great short with AUDJPY from 82.95 but closed now too.

EURUSD.. I'm flat.....expecting up from here to around 1.06x as part of the correction and then down to 1.058 and maybe beyond....
...just my limited interpretation..
  • #149,592
  • Apr 11, 2017 5:57pm Apr 11, 2017 5:57pm
Quoting gatorinla
i have the uj going to 1.0876... but b4 i have an outside chance for another entry 111.14/60 area.. not a recommendation for a long.. but i did place pending shorts there.. ..
The weekly chart is showing some R there. St long might not be a bad idea afterall ☺. Although u r not recommending but there is an outside chance....!
  • #149,593
  • Apr 11, 2017 5:57pm Apr 11, 2017 5:57pm
Quoting NMZee
{quote} The weekly chart is showing some R there. St long might not be a bad idea afterall ☺. Although u r not recommending but there is an outside chance....!
Weekly chart showing support. I meant.
  • #149,594
  • Apr 11, 2017 9:46pm Apr 11, 2017 9:46pm
Quoting PhAnTi'
not sure if this thread offers place for charts and scalp trades, risking it.. long scalp off session at S for prev. high, lets see best, J {image}
s/o. Still long for 1.0666, stop 1.0569
Hero calls followed by margin calls...
  • #149,595
  • Apr 11, 2017 10:36pm Apr 11, 2017 10:36pm
Quoting goosebone
{quote} Everytime i think i got it. I dont got it.
Fundamental wise for Japanese Yen usually when there is risk, people will swam for Yen for safe haven.
The only thing so far I can't capture its Japanese QE stand...
When will it last? End of this year? Or any longer?
  • #149,596
  • Edited 10:55pm Apr 11, 2017 10:45pm | Edited 10:55pm
President Trump Speaks : Due to discuss healthcare, tax reform, the Syrian crisis, and North Korea in an interview conducted on Fox Business Network

any one expecting anything about this .....

expecting more war talks less tax talk .....healthcare out of his hands ....


----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Heavily trailing two positions from 1.087x on every breach of minor resistance no new positions right now but will jump in as soon there is some clue given by chart .... lets c but for ST if breached the 1.09x we are set for 1.104x ..... will try short @ 1.076x ....
Re-Incarnated
  • #149,597
  • Apr 11, 2017 10:47pm Apr 11, 2017 10:47pm
Quoting PhAnTi'
{quote} s/o. Still long for 1.0666, stop 1.0569
Long on my book too, just that my stp is at 1.0645, considering there is potential resistance on .065under SMA 50 on daily chart.
  • #149,598
  • Apr 11, 2017 11:36pm Apr 11, 2017 11:36pm
Quoting primejarvis
President Trump Speaks : Due to discuss healthcare, tax reform, the Syrian crisis, and North Korea in an interview conducted on Fox Business Network any one expecting anything about this ..... expecting more war talks less tax talk .....healthcare out of his hands .... ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Heavily trailing two positions from 1.087x on every breach of minor resistance no new positions right...
Will scale in if 1.0650 is seen today .
Trading in the shadow of SM
  • #149,599
  • Apr 11, 2017 11:42pm Apr 11, 2017 11:42pm
Quoting Earleone
{quote} Will scale in if 1.0650 is seen today .
shorted two positions @1.0617 S/l - 1.062 & 1.0631x
Re-Incarnated
  • #149,600
  • Apr 11, 2017 11:46pm Apr 11, 2017 11:46pm
Quoting primejarvis
{quote} shorted two positions @1.0617 S/l - 1.062 & 1.0631x
To narrow SL IMO .
Trading in the shadow of SM
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