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The Really Useless Thread

  • #150,221
  • Apr 21, 2017 8:21am Apr 21, 2017 8:21am
Quoting gatorinla
{quote} see where 0923 is. note reaction to 0897... or 0945 yest,,, see the algorithm https://www.youtube.com/watch?v=DohRa9lsx0Q {image}
Its friday, uj needs to make up its mind and move in a direction for 40/50 pips. That would put us to some rest.....i think...!!!!
  • #150,222
  • Apr 21, 2017 8:26am Apr 21, 2017 8:26am
...And Europe heading home with a rather very jittery afternoon session. A few important highlights coming in the last few hours:

--> First, in a rather unexpected and measured 'slip of the tongue' after the last round of UK soft numbers, UK government pretty a announcing tax hikes coming. Very strong and bearish news for the economy and UK equities. Major news that will be only subdue until France is cleared.

--> On the French front as we saw with Breixt and DT, lots of noise of rumours flowing under the table trying to outguess the weekend flow. Extreme right sliding out on the finishing line in favour of the extreme left is the latest.

Take it with a huge pinch of salt obviously given the circumstances, but 'leak' of last poll circulating in investment circles is a technical tie but for the second place.....

==> On top lots of big US market influencing talking heads flooding the wires demanding a clear guideline and details from DT economic policy front. Obviously all big $$$$ preemptive a weekend fck off in case France flops and the current soft pullback becomes a global carnage....

As usual very noisy and jittery markets for the close. For trading expecting nothingness to take over for the rest of the day.

Although @Replicant already did it (I'll get back to your detailed reply in a few) we can officially open the floor in the thread for French elections talk for the weekend.....

Like always in events like this, politics will be involved given the news but let's try to keep to markets and economics implications as much as possible....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #150,223
  • Apr 21, 2017 8:27am Apr 21, 2017 8:27am
Quoting NMZee
{quote} Its friday, uj needs to make up its mind and move in a direction for 40/50 pips. That would put us to some rest.....i think...!!!!
the market dont care about rest. it's friday.. the uj bulls will win the london week.. the day, probably bears. its close on the day.. since it never reached 0874/66.. the day being bear to me is welcome. for a rise next week, but 0874 b4 rise... granted, election may change everything..
those who can, do. those who cant, talk about those who can
  • #150,224
  • Apr 21, 2017 8:44am Apr 21, 2017 8:44am
uj may have 0823 area R now..
those who can, do. those who cant, talk about those who can
  • #150,225
  • Apr 21, 2017 9:13am Apr 21, 2017 9:13am
using 09.08 now and it's above 08.56 for week
those who can, do. those who cant, talk about those who can
  • #150,226
  • Apr 21, 2017 9:22am Apr 21, 2017 9:22am
Quoting gatorinla
using 09.08 now and it's above 08.56 for week
Well my longs aren't doing much right now xD might close at a loss and end the week in the +
It's always part of a bigger plan
  • #150,227
  • Apr 21, 2017 9:40am Apr 21, 2017 9:40am
Quoting Mickster
{quote} Well my longs aren't doing much right now xD might close at a loss and end the week in the +
going to open some myself.. i need a retrace.. 0874/66 seems ok.. not below 0800 as much
Attached Image
those who can, do. those who cant, talk about those who can
  • #150,228
  • Apr 21, 2017 9:43am Apr 21, 2017 9:43am
Quoting gatorinla
{quote} going to open some myself.. i need a retrace.. 0874/66 seems ok.. not below 0800 as much
Yeah exactly. I will close on next small correction and open some more later .This puppy is going long next week.

That OIL short though <3
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It's always part of a bigger plan
  • #150,229
  • Apr 21, 2017 9:46am Apr 21, 2017 9:46am
Quoting gatorinla
uj may have 0823 area R now..
Gator thats not fair, you keep pushing the support further and further towards 0795. We are ok with a retest of 8.75 and then 110.xx. better would be straight 110.xx --------110.6x--------111.4x---------1.0795-------1.03xx.
How is that for a flow / roll/ momentum/ wishlist....
Tell me you are proud of the way i think and the knowhow i have about the market....!!!
  • #150,230
  • Apr 21, 2017 9:47am Apr 21, 2017 9:47am
Quoting gatorinla
uj may have 0823 area R now..
Oh wait. Did you mean 0923..?
  • #150,231
  • Apr 21, 2017 9:57am Apr 21, 2017 9:57am
Quoting NMZee
{quote} Oh wait. Did you mean 0923..?
ya i think he was referring to the prior london close which he later stated is using 0908 now
  • #150,232
  • Apr 21, 2017 10:04am Apr 21, 2017 10:04am
Quoting bhmoney
{quote} ya i think he was referring to the prior london close which he later stated is using 0908 now
See what happens when there is a typo......i wrote a lengthy post for nothing.....!!!!!!
  • #150,233
  • Apr 21, 2017 10:31am Apr 21, 2017 10:31am
Quoting sisse
...==> On top lots of big US market influencing talking heads flooding the wires demanding a clear guideline and details from DT economic policy front. Obviously all big $$$$ preemptive a weekend fck off in case France flops and the current soft pullback becomes a global carnage....
lol....fitty cent was already broke...
https://finance.yahoo.com/news/myste...155200536.html

the spoos soft going into the big weekend, but at 2,350 it's sitting in the same place it was +/- for the last 2 months...there's an election in France, right? If I had to bet whether more than 50% of Americans could find France on a map, I would not put up more than 50c.

French elections, Brexit, etc, all a slow-moving train wreck - not enough to spike the ^VIX....it takes something unexpecteed to really pop it anymore, like maybe what would happen if all the major world powers have their navies putzing around in the Sea of Japan next week, with various troops amassed at various borders, and various crazy heads of state trying to get their ratings up?

Please enjoy this public service filmstrip I remember from 3rd grade....

Inserted Video
"If The Fool persists in his Folly he will become wise." - William Blake
  • #150,234
  • Apr 21, 2017 10:35am Apr 21, 2017 10:35am
[quote=The Fool;9782342]{quote} If I had to bet whether more than 50% of Americans could find France on a map, I would not put up more than 50c.

i wouldn't bet that half would be able to find their own state
  • #150,235
  • Apr 21, 2017 10:38am Apr 21, 2017 10:38am
Quoting The Fool
... If I had to bet whether more than 50% of Americans could find France on a map, I would not put up more than 50c. French elections, Brexit, etc, all a slow-moving train wreck - not enough to spike the ^VIX....
Sure the general public, but definitely not the market movers and shakers.
  • #150,236
  • Apr 21, 2017 10:46am Apr 21, 2017 10:46am
Quoting The Fool
{quote} If I had to bet whether more than 50% of Americans could find France on a map, I would not put up more than 50c.
This chick splains it real good.
Inserted Video
  • #150,237
  • Apr 21, 2017 10:50am Apr 21, 2017 10:50am
Quoting NMZee
{quote} See what happens when there is a typo......i wrote a lengthy post for nothing.....!!!!!!
Anybody selling usdaud around 755x. Anybody....??
  • #150,238
  • Apr 21, 2017 10:56am Apr 21, 2017 10:56am
Quoting NMZee
{quote} Anybody selling usdaud around 755x. Anybody....??
By selling USD/AUD, are you basically meaning buying AUD/USD or was the USD/AUD a typo? This is my guess.

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  • #150,239
  • Apr 21, 2017 11:02am Apr 21, 2017 11:02am
Quoting goosebone
{quote} This chick splains it real good. https://youtu.be/aBwm-QPs-E8
Not a native English speaker here but... should I have understand something there? ^^

Trump making a rollercoster roll play for ending the week.
  • #150,240
  • Apr 21, 2017 11:06am Apr 21, 2017 11:06am
Lol it's friday again...
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