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The Really Useless Thread

  • #151,881
  • May 25, 2017 5:10am May 25, 2017 5:10am
Quoting mrcreosote
{quote} OK dude nice trading but normally the spikes come on or after news NOT a good minute before, somebody had some info here... Anyway, I hear they are doing a good number on crystal balls now as well, maybe you can grab yourself one? Mind you I hope they are not more than $400 as I hear 46% of US of A citizens can't afford a sudden bill of this amount anymore........so sad.... {image}
lol ... hilarious... No crystal ball here man but if you have been trading for a while now you should know big hands don't need news to shake you out the market if you're not careful but if you look at the news it was a mixed bagged. So even if the spike came right at the release of news it would have changed nothing. Market is moving right along now ( at least until the next hiccup hehe) But i definitely understand you and have seen market react early to the news releases but after a while that market is rigged sentiment is more of a hindrance in the long run.. think positive man!!!
  • #151,882
  • May 25, 2017 5:32am May 25, 2017 5:32am
Disappointing to see the thread can't regulate itself. Yes there is freedom of speech but the least of courtesies is to check the topic /main idea of the thread and where we are in the conversation before jumping on the table from nowhere.
  • #151,883
  • May 25, 2017 5:48am May 25, 2017 5:48am
Quoting Replicant
Disappointing to see the thread can't regulate itself. Yes there is freedom of speech but the least of courtesies is to check the topic /main idea of the thread and where we are in the conversation before jumping on the table from nowhere.
Donnez-moi un exemple où un marché libre a pu se réguler?
Liberté, Egalite, Fraternite!
Mais malheureusement je ne pense plus la liberté, surtout en France ;-)
J'espère que vous passerez une bonne journée
Au revoir


PS google stop p!ssing about with my take on French, thanks
used to be undecided but nowadays can't make my mind up
  • #151,884
  • May 25, 2017 5:55am May 25, 2017 5:55am
Before I go, EU just bounced off last weeks high, if you think it's going higher good place to get in, possibly.....
used to be undecided but nowadays can't make my mind up
  • #151,885
  • Edited 6:14am May 25, 2017 6:00am | Edited 6:14am
For all those that sent PM, I will reply them personally and directly to each in the upcoming hours/days.

sisse

Quoting roobii
{quote} ... big hands don't need news to shake you out the market if you're not careful but if you look at the news it was a mixed bagged. So even if the spike came right...
There is a element of truth in what @mrcreosote but from a rather more malign bigger picture than simply benefiting for a micro intraday move:

Quoting mrcreosote
...The markets are rigged man......and there's!!
==> Well after the LIBOR scandal, later the BOE 'leaks' and after the NFP and FED leaks there have been big investigations not only in the UK but worldwide about how much banks and big institutions are illegally taking advantage of asymmetric information from public sensitive information. Obviously the findings would never reach front page of the regular financial news outlets for obvious reasons.

==> The most serious findings were published a few months ago (if my memory is not wrong was in the FT) that proof that the worst offenders among major markets was the UK (but the report included NY, Chicago, Tokyo, Geneva, Paris and Frankfurt I believe) , in which large institutions in the City were front-running macro reports in average 2 hours earlier than they were made public on fiscal numbers and in case of and BOE inflation reports and GDP as early 1 week in advance !!!.

Obviously the worst and criminal cases were those in which they themselves were setting and influencing the numbers!!!!. Shameful and criminal really....but cheap Fine was a couple Billion Pounds and a mid range Banker to soft jail while they made over 50b in profit...

==> In the UK things are a bit worst because its a small country and the City pretty much control directly the outcomes on the macro front. Since the 2000s Government official numbers are just a technicality for the laggers and mass media to publish as markets already thousand miles ahead of them. There is some attempt to improve transparency with the Super Thursdays in the BOE but on the fiscal front ...the UK is still far from transparent and without any signs of improving anytime soon.

Quoting mrcreosote
...ll' Why don't you start a subscription service?
Sure, A pay as you go or Pay per winner services ....right ...

Quoting mrcreosote
The problem with 'free markets' is that there a lot of scumbags out there selling the dream of neoliberalism and wealth for everybody,
Strongly disagree.

The problem with FOR 'free markets' is that there a lot of scumbags [populist/extremist/uneducated/unqualified/dangerous] and politicians out there selling the dream of neoliberalism nationhood and false economic ideas progress while squeezing the average unaware Joe to increase wealth for everybody themselves and their cronies...

Quote
.... tell me you will still vote for Mother Teresa next month? ..

Not even if you put a gun in my head !!!! ...

The upcoming election is one of the most humiliating and poor shows ever witness in the rich and long history of the UK. It's a race to the bottom and to the past in the most JURASSIC and lame election ever made!!!!

Between TM and the 12 monkeys cheerleading in the background that think we are back into the 19th century in economic and foreign policy terms with the false and long gone 'believe' the UK is the only Empire in the world while fleecing everything that has made the 'Great Britain" Great, from free markets, trade, privacy and social protection ...

To the other extreme where Corbyn still think the Soviet Union exists and the Berlin Wall is still there offering the UK to get back to early 20th century in a pseudo communist state with zero free markets, zero free trade and with some kind of bastardise version of what workers and consumers rights mean....

NO thank you very much ...I pass.

Both options are scandalous bad for the UK. Both offer less free markets, less free trade, less international cooperation and agreements, less privacy, less economic opportunities, less social mobility, less innovation, less competitiveness, less ....21st Century and fresh and modern ideas on how to move forward...They are both stuck in the past covered with the British flag to manipulate and blindfold the unaware ...

In historical perspective, the lack of fresh ideas and blood in politics, the extreme dependencies of the UK is 'THE' Empire as only 'policy' (when sadly is not in trade or Economics, not even in democratic values lately) is guarantee recipe for disaster. The longer the dinosaurs are in power the bigger the toll and the less chances for the UK to survive as country in the upcoming decade or so....

sisse

Quoting PayTheLimit
{quote} 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....
Insane moves today again in BTC ... it's going to be the mother of all bubbles when it burst ...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #151,886
  • May 25, 2017 6:23am May 25, 2017 6:23am
Quoting sisse
Insane moves today again in BTC ... it's going to be the mother of all bubbles when it burst ... sisse
Since it is limited amount of BTC and no central bank that can do QE it must be a ideal instrument for big bastards to manipulate. I think they can move it where they want up and down. Just hope my broker survive when it comes .
Trading in the shadow of SM
  • #151,887
  • May 25, 2017 6:36am May 25, 2017 6:36am
Quoting sisse
Insane moves today again in BTC ... it's going to be the mother of all bubbles when it burst ... sisse
It will need a few of those bursts if it wants to become really mainstream. I'm curious if the large part of the coins is still owned by a very small group. A few years ago, it was 30-something percent owned by 50 people...
  • #151,888
  • May 25, 2017 6:44am May 25, 2017 6:44am
Goddamn sisse, I was just trying to send the guy off in peace. Economics is all just theory, and widely accepted as such...no different than any other social science. Not sure what's offensive there.

In retort, I think we get far beyond just swing trading. I'm cool with that

@goose, I rejoined you short @ 1.1240 - same stop. Would like to add for a momentum trade below 1.1160
  • #151,889
  • Edited 7:47am May 25, 2017 7:24am | Edited 7:47am
Quoting Pharm0r
Goddamn sisse, I was just trying to send the guy off in peace. Economics is all just theory, and widely accepted as such...no different than any other social science. Not sure what's offensive there. In retort, I think we get far beyond just swing trading. I'm cool with that @goose, I rejoined you short @ 1.1240 - same stop. Would like to add for a momentum trade below 1.1160
Nice. Hoping my stop was better placed than my entry. I like that area for reload on the D but I'll wait on it for tp1 and reload lower if I get a chance. Weekly will give me that cue if it comes. Either way I'll like it all better closing tonight under 1202
  • #151,890
  • May 25, 2017 7:46am May 25, 2017 7:46am
Quoting sisse
...I am getting tired of this BS. => ... sisse

Mate, same crap, same FF, same all....

The secret of FF, at least what I have found over the last few years, is that it needs to be taken in small doses. Long gone are the days of spending 20 hrs a day on here.

For me, each leave is easier, its a kin to quitting smoking I guess, which I have not had great success, getting better slowly. But its nearly summer. Getting very close to signing a small apartment project which I'd like to get done quickly, and my boy is getting older, and almost talking, which is a exciting.

Trading, well trading is just a fucking job in the end really, despite all the alternate theories, and on balance it blows.

Anyway, I'm ripe for a break, I've given up trying to leave FF permanently, its in my blood. If I had a dollar for every time I tried to leave, I'd be retired.

Cheers mate, enjoy the summer, talk in September..

Good Luck to ALL....


PTfuckingL
Look Sharp/Trade Tight
  • #151,891
  • May 25, 2017 8:15am May 25, 2017 8:15am
Quoting goosebone
{quote} Nice. Hoping my stop was better placed than my entry. I like that area for reload on the D but I'll wait on it for tp1 and reload lower if I get a chance. Weekly will give me that cue if it comes. Either way I'll like it all better closing tonight under 1202
Friday GDP
  • #151,892
  • May 25, 2017 9:33am May 25, 2017 9:33am
Quoting Pharm0r
Goddamn sisse, I was just trying to send the guy off in peace. Economics is all just theory, and widely acceptedfor a momentum trade below 1.1160
My sincere apologies for putting you in this situation. The reaction was totally uncalled for and over the top but different strokes for different folks. I am also sorry for saying that you are a good trader and i try to learn from you. Didn't realised i'd be hurting feelings. I do use a dictionary when writting. And while i was going through it today, i came across these words "animosity" and "grudge" and i wondered where today i saw some exemplary display of it. Couldn't put my finger to it.
in any case, if you need me to apologise please tell me and i will. In a heartbeat.
  • #151,893
  • May 25, 2017 10:20am May 25, 2017 10:20am
Quoting NMZee
{quote} My sincere apologies for putting you in this situation. The reaction was totally uncalled for and over the top but different strokes for different folks. I am also sorry for saying that you are a good trader and i try to learn from you. Didn't realised i'd be hurting feelings. I do use a dictionary when writting. And while i was going through it today, i came across these words "animosity" and "grudge" and i wondered where today i saw some exemplary display of it. Couldn't put my finger to it. in any case, if you need me to apologise...
No issues here
  • #151,894
  • May 25, 2017 10:46am May 25, 2017 10:46am
Quoting Pharm0r
{quote} No issues here
Also need to take lessons from you in "how to be cool" ☺. Great to know that allwater is under the bridge. Thanks.
  • #151,895
  • May 25, 2017 11:00am May 25, 2017 11:00am
Chaos in thread... As İ see all what sisse post here by giving time even gratefulness with his attentive spelling articles are useful. But for majority like me it is problem how to use those knowkedges while trading..Even simple sentences can not be understood , what to do now. And i believe when he was organazing iterations people thinks he know where PA will flow. When anybody is so much trusted becomes a holly wise person. Anything he signs cause people to give a meaning... to educate in Cambridge economy does not provide a person to be a profitable trader. Knowing FA very well does not say anyone a parity will not move 1000 pips oposite direction for weeks may be. But howmuchever You say there is no signal in this thread people accept any sentence of holly wise man as a signal.
  • #151,896
  • May 25, 2017 11:08am May 25, 2017 11:08am
....Like this one ' oil will be in the driver seat...' how, with any corelation? Cause indeces follow what direction oil goes , or commodoties.
  • #151,897
  • May 25, 2017 11:08am May 25, 2017 11:08am
Quoting gatorinla
{quote} atm its above 1193, that's more a bullish look. if its not bullish, after 1239 it may look to drop.
still unable to get below, then close the week below or not ..
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those who can, do. those who cant, talk about those who can
  • #151,898
  • May 25, 2017 11:14am May 25, 2017 11:14am
Quoting gatorinla
{quote} still unable to get below, then close the week below or not .. {image}
İ was waiting a direct flow to 1.116X. but they dont let so easy...May be spinning top.
  • #151,899
  • Edited 11:40am May 25, 2017 11:17am | Edited 11:40am
Quoting goosebone
{quote} There's no real reason for me to track this in this way but I started so I update it now and again. {image}
CME tool says now 87.7% probability for a hike

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  • #151,900
  • May 25, 2017 11:18am May 25, 2017 11:18am
Meanwhile oil 3 USD drop..Worth to follow. Dangerous to join again so late.
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