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The Really Useless Thread

  • #151,761
  • May 22, 2017 4:18pm May 22, 2017 4:18pm
Solid days for trading across the board...Euro rolling with bulls holding strong without blinking. After a rather long week(s) and + away from macro numbers, tomorrow we'll restart the reports front that will end up with the final FED/ECB June combo later.

Here not much to see or do with same levels, same trades, same all....

sisse

Quoting Pharm0r
This place is a mad house
We are in a trendy move in the Euro .... the usual effect.

While markets chop, all think they are in control as marktes even when in the wrong side doesn't blow handles and / or come back ...on trendy ones only the very few in the right side from the beginning enjoy the ride while frustration and desperation take over the ones 'lost in translation' as no indicator, etc will properly explain strength in a trendy move ....

Quoting ptoftangency
{quote} If there is a waiting list for those wanting to have full control on updates for a week, I'll join and give it a shot.
Not this week as we need to try to put the thread back in synch with the market before we go all over the place....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #151,762
  • May 22, 2017 4:42pm May 22, 2017 4:42pm
Quoting sisse
we need to try to put the thread back in synch with the market before we go all over the place.... sisse
....awright synch it up baby....watch it now, watch it! ....let's not be L7 - come and learn to dance....just like DJT in SA
Inserted Video
"If The Fool persists in his Folly he will become wise." - William Blake
  • #151,763
  • May 22, 2017 10:10pm May 22, 2017 10:10pm
http://money.cnn.com/2017/05/22/news...ich/index.html

WS won't like it because it'll be DOA in Congress. Trump will be back in the USSA and just another tweet away from the next shitstorm.

https://www.yahoo.com/finance/news/t...232055897.html

at some point, the stink of shit will never wash off...
"If The Fool persists in his Folly he will become wise." - William Blake
  • #151,764
  • May 22, 2017 11:30pm May 22, 2017 11:30pm
Quoting sisse
Solid days for trading across the board...Euro rolling with bulls holding strong without blinking. After a rather long week(s) and + away from macro numbers, tomorrow we'll restart the reports front that will end up with the final FED/ECB June combo later. Here not much to see or do with same levels, same trades, same all.... sisse {quote} We are in a trendy move in the Euro .... the usual effect. While markets chop, all think they are in control as marktes even when in the wrong side doesn't blow handles and / or come back ...on trendy ones only...
Do you really think that firstly eu will damage the MT swing and then re-create the same .... ?
Re-Incarnated
  • #151,765
  • May 23, 2017 1:56am May 23, 2017 1:56am
Quoting primejarvis
{quote} Do you really think that firstly eu will damage the MT swing and then re-create the same .... ?
Just a quick HH LL short term show that expectations are changed to making HH and HL short term from when it was broken in feb/march. When/if the November LH (Trump election high is taken out also expectations for weekly charts switch to HH / HL middle term by this simple analyze method that is pure technical.
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Trading in the shadow of SM
  • #151,766
  • May 23, 2017 2:27am May 23, 2017 2:27am
Quoting Earleone
{quote} Just a quick HH LL short term show that expectations are changed to making HH and HL short term from when it was broken in feb/march. When/if the November LH (Trump election high is taken out also expectations for weekly charts switch to HH / HL middle term by this simple analyze method that is pure technical. {image}
Going with technical I really don't see a reason of taking the Trump candle at all but loading for the big players at such price makes every mind think twice .... Anyways h r u .... I have loaded enough for the midterm and planning not to touch at Least half of them until gap is closed ... Let's c how it goes
Edit : the way price moved I think fa wise inflation will shoot up so hard which will dramatically change the view ... But Trump tweet mode is still on with not a single hint on tax plan ....When is he going to show up after full damage is done via fiscal policy
Re-Incarnated
  • #151,767
  • May 23, 2017 2:32am May 23, 2017 2:32am
Everywhere I see only war war war ... Nothing else ....
Re-Incarnated
  • #151,768
  • May 23, 2017 2:46am May 23, 2017 2:46am
Strong numbers from Europe continue, sad news from the UK this time from Manchester.

We look ready to set the highs of the week on the European morning in the Euro. On the rest of the board, all markets on track and in synch. Not expecting anything else in the risk front from the UK news.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #151,769
  • Edited 3:56am May 23, 2017 3:00am | Edited 3:56am
Quoting primejarvis
{quote} Going with technical I really don't see a reason of taking the Trump candle at all but loading for the big players at such price makes every mind think twice .... Anyways h r u .... I have loaded enough for the midterm and planning not to touch at Least half of them until gap is closed ... Let's c how it goes
Currently just waiting confirmation swing high eurusd and swing low USDx I am in Neutral. We are at the extremes. It is much scheduled news this week so interesting week. The gap is interesting and in line with expectations for a swing LH. Currently tracking 1.116X for close on minimum 4H to consider any new positions. I think we will see the high for the swing very soon. Will not be surprised if bulls manage to spike the 1.129X level to . Some SL there
Trading in the shadow of SM
  • #151,770
  • May 23, 2017 3:09am May 23, 2017 3:09am
Quoting Earleone
{quote} Currently just waiting confirmation swing high eurusd and swing low USDx I am in Neutral. We are at the extremes. It is much scheduled news this week so interesting week. The gap is interesting and in line with expectations for a swing LH. Currently tracking 1.12 for close on minimum 4H to consider any new positions. I think we will see the high for the swing very soon. Will not be surprised if bulls manage to take the 1.129X level to . Some SL there
Sl are there above 1.129x but not of average joe trader ...Either the big players wants to load at the highest possible level or they just want to kill the retail traders or both ....
According to the pips calculation levels we should not cross the 1.165x level but it's way too high for now to be taken into consideration ....Rest anything and everything is possible in this game ...

H r u sisse....
Re-Incarnated
  • #151,771
  • May 23, 2017 3:09am May 23, 2017 3:09am
Quoting Earleone
{quote} Currently just waiting confirmation swing high eurusd and swing low USDx I am in Neutral. We are at the extremes. It is much scheduled news this week so interesting week. The gap is interesting and in line with expectations for a swing LH. Currently tracking 1.12 for close on minimum 4H to consider any new positions. I think we will see the high for the swing very soon. Will not be surprised if bulls manage to take the 1.129X level to . Some SL there
Hi Earleone,

Do You think that it's possible start new MT trend on euro without closing big gap from French elections ?
In my opinion EU should close it and then I'll looking long for longer period (after ECB/FED of course).
  • #151,772
  • May 23, 2017 3:10am May 23, 2017 3:10am
Very strong numbers from Europe in all fronts. They are starting to pick up pace. Expectations will start shifting to the periphery for the summer onwards, most of EZ countries that struggled during the debt crisis are set to start trending up (including France that is showing some good early signs in the economic policy front) and rather fast.

A fresh an v. important outlook changing today on the European close in the Bund and in most EZ Bonds in general.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #151,773
  • May 23, 2017 3:25am May 23, 2017 3:25am
Quoting Mimir
{quote} Hi Earleone, Do You think that it's possible start new MT trend on euro without closing big gap from French elections ? In my opinion EU should close it and then I'll looking long for longer period (after ECB/FED of course).
As Sisse point out. Good numbers from EZ, ( actually built up for period now. ) So any change in eurusd will be triggered from the USD side. We already see that moon is limit in EURUSD thinking by traders and that also tell something.

But to your question. Yes I think it is possible to start a new MT trend without closing the gap from French elections. But I will for now prepare to put my chips against it.
Trading in the shadow of SM
  • #151,774
  • Edited 4:21am May 23, 2017 3:59am | Edited 4:21am
if your scoring at home, 1.1299 is a quarter of last years range...

it should also be noted that the mid for 2015 is 1.1284....
Look Sharp/Trade Tight
  • #151,775
  • May 23, 2017 5:06am May 23, 2017 5:06am
Quoting PayTheLimit
if your scoring at home, 1.1299 is a quarter of last years range... it should also be noted that the mid for 2015 is 1.1284....
I got your 1284. Thats one for your one level thread.
  • #151,776
  • May 23, 2017 5:21am May 23, 2017 5:21am
Excitement over back to trading space ...
Today is there any thing else left ..?
Re-Incarnated
  • #151,777
  • May 23, 2017 7:09am May 23, 2017 7:09am
Quoting gatorinla
usdx never retraced 101.52. its not written in stone, it usually does before 95.45. another normal thing would be 97.08. it has done 97.08 and more. atm low at 96.79. eu is still probably targeting 1.1316 .. but what has bothered me for months and still does is 101.52. its probably time to get more cautious on usd dropping much more w/o a retrace. if i am wrong about 95.45 target. it reaching 97.08 still has the larger 108.55 target, and 101.52. reaching 97.08 allows some larger players a green light for usd lift. it would be better if eu had reached...
its trying to screw
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those who can, do. those who cant, talk about those who can
  • #151,778
  • May 23, 2017 8:30am May 23, 2017 8:30am
Quoting gatorinla
1316 eu looks still decent. 1255 may knock it down some. a possible chance to long lower coming, just maybe.. {image}
eu bullish, but one may be able to buy it cheaper.. longing toward 1.1316 may not be worth a draw-down. if it cant make 1.1316. the usdx may force 101.52. if so, the last low at 1.05xx may be challenged. chart in blue shows st the path to 1316, 1st q 1237. the purple the path to 1053 the 1st q 1214
Attached Image
those who can, do. those who cant, talk about those who can
  • #151,779
  • May 23, 2017 10:47am May 23, 2017 10:47am
Germany joining in the verbal currency manipulation game I see, with such expert politicians who needs banks to set rates?
  • #151,780
  • May 23, 2017 11:00am May 23, 2017 11:00am
talk about a stop hunt... beautiful when you're prepared for it.... depressing when you're not lol
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