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The Really Useless Thread

  • #151,841
  • May 24, 2017 4:04pm May 24, 2017 4:04pm
Quoting goosebone
I just cant get baby Imarich1 out of that topless bar in my head. Good for 2 weeks of nightmares.
Again , You have wrong focus. Dont see forest for the trees. Do not focus on Imarich in your dreams in the topless bar . Keep the focus where it should be in a place like that. And I am sure you will have sweet dreams.
Trading in the shadow of SM
  • #151,842
  • May 24, 2017 4:06pm May 24, 2017 4:06pm
Quoting Earleone
{quote} Again , You have wrong focus. Dont see forest for the trees. Do not focus on Imarich in your dreams in the topless bar . Keep the focus where it should be in a place like that. And I am sure you will have sweet dreams.
much better. Thanks. Might sneak in the back room for a roll play later.
  • #151,843
  • May 24, 2017 4:11pm May 24, 2017 4:11pm
i think we are all forgetting that the odds of a hike are still 75%+ a.k.a its going to happen.

waiting for asia to put this back on the path towards 1.1104
  • #151,844
  • May 24, 2017 4:19pm May 24, 2017 4:19pm
Well I shorted it. 1214 stop above W high. TP1 at 1115. I like the D close over 1202. I'd like tomorrow's to be under it please.
  • #151,845
  • May 24, 2017 4:43pm May 24, 2017 4:43pm
...and we are rolling after an inline/irrelevant FED Minutes as widely expected. June hikes on the same track.

More interesting, US economy about to completely flip sides after details on the budget front are starting to be digested with not the best of expectations. When the best case scenario is aligning to be DOA and full political circus...things are shifting to negative rather fast in US economic expectations for the MT and LT while war, risk and internal political chaos are starting to pick up pace ...

For now, eyes on prolly the last 'normal' hike of the year based on proper macro reasons...

In the Euro, don't really get the drama from some in the thread, and uneventful inline with expectations FED no more no less.

=> For those like @NMZee you are not going to get much from these market conversations because you are coming with bags and bags of trading TA bias and retail myths on your shoulders.

If you want to get anything I'll recommend you to drop your preconceptions and 'ego' (to some others) and try for a minute start from a blank canvas....you may get something useful, you may not but I guarantee you wont get anything if you just are looking for chewed down free trading signals in the thread.

=> @goosebone GL

and finally

Quoting sisse
Sorry roobii ...next time is your call... assssssssss Short @1.123x ...@PIP Lover Long @1.123x Thanks and GL sisse
@assssssssss and PIP Lover Now Minutes cleared :

Q2: Would you stay put or swap sides?

If you don't reply its assume you stay put...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #151,846
  • May 24, 2017 4:51pm May 24, 2017 4:51pm
Nothing has changed. I'm still on course - 1.091 b4 1.135
  • #151,847
  • May 24, 2017 5:52pm May 24, 2017 5:52pm
Quoting nines
i think we are all forgetting that the odds of a hike are still 75%+ a.k.a its going to happen.
ya as I have said before the June FFR hike m/l priced in and the better move will be a risk-off can kick. Seems unlikely now but some political drama and weak data in the next 2 weeks could move it more towards 50:50 or lower.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #151,848
  • May 24, 2017 6:27pm May 24, 2017 6:27pm
Quoting gatorinla
Some chance if the eu drop will be 200 pips. then near low now or in the 1.1160 area a bounce in the 1114 area may occur. atm low is 1168. if so and the 200 is real.. a smaller tf s in the 1214 area may develop. {image}
i suspect if the 200 is true, it would be time to look for a weakening @ anytime 1214/126x
those who can, do. those who cant, talk about those who can
  • #151,849
  • May 24, 2017 6:35pm May 24, 2017 6:35pm
Quoting gatorinla
{quote} i suspect if the 200 is true, it would be time to look for a weakening @ anytime 1214/126x
atm its above 1193, that's more a bullish look. if its not bullish, after 1239 it may look to drop.
those who can, do. those who cant, talk about those who can
  • #151,850
  • May 24, 2017 6:52pm May 24, 2017 6:52pm
Quoting gatorinla
{quote} atm its above 1193, that's more a bullish look. if its not bullish, after 1239 it may look to drop.
Agree...How much high so much good r/r.
  • #151,851
  • May 24, 2017 6:53pm May 24, 2017 6:53pm
Quoting sisse
We don't talk too much about BTC here as it's very lite, thin, barely legal instrument that in these board usually attract only marketers pushing dreams to their borkers but slowly is taking a more serious note especially from countries like China and to lesser extend Russia that need to clear legal and not so legal money to global markets. Insane moves in BTC that are pointing out to the mother of all rebalancing happening under the table. China downgrade sending shockwaves under the table across Asia and global markets. Anybody want's to guess...
thanks sisse for the explianation. just for your confirmation I have not traded this pair this week
  • #151,852
  • May 24, 2017 7:11pm May 24, 2017 7:11pm
At the end of the day all just guessing if not up then it must be down

This administration don't want strong USD
  • #151,853
  • May 24, 2017 7:27pm May 24, 2017 7:27pm
Quoting Ken A
At the end of the day all just guessing if not up then it must be down This administration don't want strong USD
Agree.
Trump is helping the fed by "talking" the US$ down. If it rises too much that's bad for US corp earnings which is against Trump's agenda. He's not "anti-profits" like the Obama administration. He sees more profits = more jobs = stronger economy. Yellen's term ends early 2018 so he'll threaten to remove her if the US$ rises too much & the market knows this. This is helping the fed as they can now "normalize" rates without having the dollar rises which is what they want. IMHO the US$ would be considerably higher if not for Trump's comments.

Just an opinion :-)
  • #151,854
  • May 24, 2017 7:33pm May 24, 2017 7:33pm
Quoting srt
{quote} Agree. Trump is helping the fed by "talking" the US$ down. If it rises too much that's bad for US corp earnings which is against Trump's agenda. He's not "anti-profits" like the Obama administration. He sees more profits = more jobs = stronger economy. Yellen's term ends early 2018 so he'll threaten to remove her if the US$ rises too much & the market knows this. This is helping the fed as they can now "normalize" rates without having the dollar rises which is what they want. IMHO the US$ would be considerably higher if not for Trump's comments....
Just look at last hike and USD down.

..............

OK, I leave all here alone with their academic exercise

Trading is totally different matter
  • #151,855
  • May 24, 2017 7:40pm May 24, 2017 7:40pm
Quoting Ken A
{quote} Just look at last hike and USD down. .............. OK, I leave all here alone with their academic exercise Trading is totally different matter
That's why my comments are just an "opinion". Taken no trades based upon it :-)
  • #151,856
  • Edited May 25, 2017 4:19am May 24, 2017 7:49pm | Edited May 25, 2017 4:19am
Quoting Ken A
{quote} Just look at last hike and USD down. .............. OK, I leave all here alone with their academic exercise Trading is totally different matter
This is a very common promise made here most weeks. So far no one really makes good on it. Maybe you will be the first one who actually means it. If not, see you soon.
  • #151,857
  • May 24, 2017 10:47pm May 24, 2017 10:47pm
Quoting gatorinla
{quote} i suspect if the 200 is true, it would be time to look for a weakening @ anytime 1214/126x
Price fell to 1196. A reasonable supply zone. Respected the zone now moving towards 112.6x. Demand there suggests a good spot for short. One may risk 15 pips to find out
Attached Image (click to enlarge)
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  • #151,858
  • May 24, 2017 11:08pm May 24, 2017 11:08pm
Quoting goosebone
{quote} This is a very common threat made here most weeks. So far no one really makes good on it. Maybe you will be the first one who actually means it. If not, see you soon.
There is and never has been a rhreat of any kind to anyone. Its just freedom of speech. Its just that the whole idea of " cant convince them confuse them" is now becoming too appararent. The concept of value is seemingly getting off. Not speaking for everyone here. I realized, after reading pages and pages of analytical posts from so many traders, that all the valuable stuff being said here, which makes for interesting debates are being copied and pasted by many business writers and economists. Yes, they are copying stuff from here, or they have the power of telepathy. but honestly i do want to see someone break the proverbial market code, who is not working for a babk or a hedge fund. A mere mortal like us. No offence or disrespect is meant for anyone. But if anyone feels offended or disrespected, have an extra cup of tea please.☺
  • #151,859
  • May 25, 2017 1:27am May 25, 2017 1:27am
Quoting sisse
We don't talk too much about BTC here as it's very lite, thin, barely legal instrument that in these board usually attract only marketers pushing dreams to their borkers but slowly is taking a more serious note especially from countries like China and to lesser extend Russia that need to clear legal and not so legal money to global markets. Insane moves in BTC that are pointing out to the mother of all rebalancing happening under the table. China downgrade sending shockwaves under the table across Asia and global markets. Anybody want's to guess...

mate its an $80 billion market now, up from zero 10yrs ago...there are over 400 different coins on the market, with Bitcoin taking half of it right now, who knows how much bigger it gets...for comparison purposes, the value of all the gold in the world is about $7-8 trillion....
Look Sharp/Trade Tight
  • #151,860
  • May 25, 2017 1:35am May 25, 2017 1:35am
Quoting gatorinla
{quote} atm its above 1193, that's more a bullish look. if its not bullish, after 1239 it may look to drop.
Judging by dollar chart now looks like as good an entry as any.

In @ 1236, risk just above last high
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