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The Really Useless Thread

  • #149,641
  • Apr 12, 2017 2:33pm Apr 12, 2017 2:33pm
Trump probably has some relatives trading this shit...
  • #149,642
  • Apr 12, 2017 2:35pm Apr 12, 2017 2:35pm
russia vetoed the u.n. condamnation on syria chemical attack.. it dont take a rocket scientist to explain russia was complisant in the attack. just to load a plane for a attack puts the facility (airport) in hazmat suits.. the same small facility russia flies missions from..
those who can, do. those who cant, talk about those who can
  • #149,643
  • Apr 12, 2017 2:36pm Apr 12, 2017 2:36pm
Trump Easter shake out .
Trading in the shadow of SM
  • #149,644
  • Apr 12, 2017 2:36pm Apr 12, 2017 2:36pm
Quoting ExForX
Trump probably has some relatives trading this shit...
His son opened a demo acc, and now Trump is flexing his muscles in front of him to act cool.
  • #149,645
  • Apr 12, 2017 2:41pm Apr 12, 2017 2:41pm
Quoting gatorinla
{quote} i assumed someone farted.
For the first time, i smiled at anything he said
Hello everyone
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #149,646
  • Apr 12, 2017 2:44pm Apr 12, 2017 2:44pm
The guy is literally going to Tweet the US back into recession. And to think not to long ago people were saying twitter is irrelevant
  • #149,647
  • Apr 12, 2017 2:44pm Apr 12, 2017 2:44pm
--> Trump administration going ballistic against the FED and monetary policy. Very dangerous comments flooding the wires. Not only protectionism and less free markets but now Trump US about to enter in uncharted waters aiming to hijack the FED and breaks independence with direct currency manipulation (who would have thought we are talking about the US!!!)

--> Despite the very dangerous comments, is becoming usual with Trump, lots of noise and tweets and very little in practice at the end. Whatever the case, this is a very bad news for the the Dollar in the mid and long term. Tracking very closely how this go after the headline knee jerk reaction but I am becoming more and more bearish in the US as the days pass.

--> Hard to understand his random positions, in the morning is the accusing all of currency manipulation, in the afternoon he goes even worst, in the morning sleeping with Russia, in the afternoon pretending to start a war with them, photos and smiles with China , next day a finger and a few insults, its going to end bad very bad very soon Feel sincerely sorry for the real Americans that have to witness this.

Markets wont like if he walks the talk as Trump is going against everything that have driven America in the last century in the economic front ....for now and for those in trading position is sadly a forced trailing time ...till knee jerk reaction settle.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #149,648
  • Apr 12, 2017 2:56pm Apr 12, 2017 2:56pm
Quoting NMZee
{quote} 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.......
Yes I made around that on that swing, generally speaking though- I lose more trades with UJ than I win
  • #149,649
  • Apr 12, 2017 2:57pm Apr 12, 2017 2:57pm
I'd love to be a fly on the wall in Yellen's office right now
  • #149,650
  • Apr 12, 2017 3:00pm Apr 12, 2017 3:00pm
...and I will take that in Gold. Clearing third short term target on the test 1282.xx. Very simple ride so far. Well done all riding the mid and short term swing from 1205.xx (and some from 1195.xx), 1235.xx or 1252.xx.

Quoting sisse
Important update in the commodities front. Gold triggering imminent break up alerts in the mid term for the close. 1254.xx unlock 1330.xx and the ext 1420.xx...
@chester123 If you didn't grab a penny here you better track back this conversation as you saw it miles in advance, called it on time but not sure if you rode it ....

Quoting sisse
Watch-out major risk off with Yen, Gold and if we get the real deal today/tomorrow Dollar. Here a very active session, and fully locked and loaded across the board.
Now we have the market answer for the flows since last Friday .... as if they didn't know the tweet was coming ....shame if this is true as they are making a mockery of the US...

Eyes on Yen flirting to take the handle ...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #149,651
  • Apr 12, 2017 3:06pm Apr 12, 2017 3:06pm
I think is the 3rd time DT has made this exact comment since the election. Of course he wants cheap money to continue to flow while his numbers are down. I believe last time this comment sparked a conversation about how DT is pulling the dollar in opposite directions. There doesn't seem to be any more specifics on how he might interrupt FED independence, so I am on the side of, "boy-king who cried wolf" in this instance. Here's hoping Trump-tweet-fatigue is settling into the markets...
  • #149,652
  • Apr 12, 2017 3:07pm Apr 12, 2017 3:07pm
Quoting sisse
...and I will take that in Gold. Clearing third short term target on the test 1282.xx. Very simple ride so far. Well done all riding the mid and short term swing from 1205.xx (and some from 1195.xx), 1235.xx or 1252.xx. {quote} @chester123 If you didn't grab a penny here you better track back this conversation as you saw it miles in advance, called it on time but not sure if you rode it .... {quote} Now we have the market answer for the flows since last Friday .... as if they didn't know the...
...So basically , they were pushing dollar as high as possible without getting noticed and started selling softly ahead of the tweet !!!

I need a seat at this priveleged table ...
Get Rich or Die Tryin
  • #149,653
  • Apr 12, 2017 3:30pm Apr 12, 2017 3:30pm
From war threats to a US president talking down the dollar , wouldnt that shake the most optimistic investors and lead to the depreciation of the us dollar as a world reserve currency !!... the implications are getting more and more dangerous as time passes by ...
Get Rich or Die Tryin
  • #149,654
  • Apr 12, 2017 3:38pm Apr 12, 2017 3:38pm
Quoting hoom
From war threats to a US president talking down the dollar , wouldnt that shake the most optimistic investors and lead the depreciation of the dollar as a world reserve currency !!... the implications are getting more and more dangerous as time passes by ...
Indeed.

They have an insane President for the first time in history. Thing is he hasn't done anything yet. Lots of talk and bullying but very little so far. Markets are starting to lose faith on the tax cuts and the fiscal blow out but its way too much 'easy' and free money involve to pull the plug until he makes his first real flop in the economic front.

The really scary part is that he is showing real signs of mental instability and one of these days he will actually do and trigger something stupid in any front. Markets odds of a major faux pas in foreign policy that can lead to a global conflict/war has increased from less than 5% in average since 2000 to nearly 32%!!! (that is vey very high as we are talking of major conflict) in only 3 months ....

==== ====

Unexpectedly tracking the roll today in the Euro....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #149,655
  • Apr 12, 2017 3:57pm Apr 12, 2017 3:57pm
EU. Just when i think i got it. I dont got it.
  • #149,656
  • Apr 12, 2017 3:58pm Apr 12, 2017 3:58pm
i think we are going to run into decent selling at 1.07 eurusd, also would expect that uj108 handle is wide open for overnight session.

worth mentioning the US 10y yields dropping below 2.30 for the week
  • #149,657
  • Apr 12, 2017 3:59pm Apr 12, 2017 3:59pm
Quoting goosebone
EU. Just when i think i got it. I dont got it.
  • #149,658
  • Apr 12, 2017 4:01pm Apr 12, 2017 4:01pm
...markets not really happy with the Tweet. Equities closing indifferently low and soft, risks instrument rally strong on the back and Euro closing slightly bearish but clearing all soft hands on very thin market. For those holding mid term positions is trailing stops time to the 1.08xx handle.

More importantly and unexpectedly, Euro triggering the traditional short term 'choose your poison time' for the first time this Quarter... We have a major roll play (D and prolly a double one with W) ...

Here nothing more to do or see but same levels, same trades, same all...

GL all

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #149,659
  • Apr 12, 2017 4:09pm Apr 12, 2017 4:09pm
Quoting sisse
...and I will take that in Gold. Clearing third short term target on the test 1282.xx. Very simple ride so far. Well done all riding the mid and short term swing from 1205.xx (and some from 1195.xx), 1235.xx or 1252.xx. {quote} @chester123 If you didn't grab a penny here you better track back this conversation as you saw it miles in advance, called it on time but not sure if you rode it .... {quote} Now we have the market answer for the flows since last Friday .... as if they didn't know the tweet...
yes sisse, actually I missed the train at the beginning but decided to try a shot on "expensive" tickets as I was guessing this risk-off would further escalate. so I entered very late on the candle as is shown on the chart. do not even think its proper signal or anything. in any case right now: E/U short term shorts (as the signal was tracked with pharm0er) still in place and trailed. Gold entered late but for ST and MT targets. and loaded FTSE today finally. we will see.
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  • #149,660
  • Apr 12, 2017 4:12pm Apr 12, 2017 4:12pm
Since I still remember that roll play on January 3rd/4th (at the 1.04x handle) and I've regretted not asking about it then, at the risk of looking stupid I have to ask is this roll play an opportunity for loading longs in Euro to the top/extreme of the ST range?
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