Yeah this thing needs to come down a bit (28.40 looks nice), kind of like another market I know. cough EA cough Worries me though, the offers aren't until 1990/00 according to forexlive, although the order book doesn't always act act as a magnet.

The Really Useless Thread

Yes and every $1 of debt since year 2000 has only added $0.08 of GDP. In the 1950s every $1 of debt added $4.50 of GDP. Diminishing returns and they are getting very bad, completely unsustainable

EURUSD

I agree. However there are offers 2480/00 buy stops above 2510 and sell stops below 1.2440 I would only say the short is risky because of PA. Perfect bull flag on the H4 chart. Normally it would be a good short opportunity though. It still might be ...

EURUSD

Okay either only 1:1 leverage or are you happy with RR profile of 2:1 if you know the stop almost never gets hit? If you are targeting 100 pips where does your mental stop go (obviously near s/r but typically how many pips)? Curious!

The Really Useless Thread

Yeah I agree. It's certainly possible everything else but E/U moves up, but the fact that E/U is majority of dollars weight, and silver needs a dollar bear move for any sort of bull move, so it sort of implies E/U going with it at least a little ...

The Really Useless Thread

I have started using more POs myself, but I still keep stops. You must not even trade 1:1 leverage. Hopefully were just retesting the 23.6 fib and no higher from there... at least I covered half Never fails posting a chart! lol

The Really Useless Thread

Closed E/U shorts @ 64 for +24. I knew I should have closed at 50 and almost did.. :/ oh well Will short again if PA shows the way but I don't think we will see it until FOMC. We have a perfect bull flag on the H4 after all

The Really Useless Thread

I dont think we will see $37-40 without 1.30 E/U. I remember E/U was near 1.50 when silver was near $50, and lead E/U most of the way down. Until E/U broke through 1.26 this year and silver stayed above it.

The Really Useless Thread

The important thing is you are no longer a chump anymore. Just a useless bastard

The Really Useless Thread

LOL, you don't understand, they take out my stops everytime I do! Algos watching this thread like a hawk I think I'm safe now but... okay, if you say so! Just covered half of them just in case! Actually, just until that neckline breaks. EA M5

The Really Useless Thread

Apart from the range, yeah they look pretty similar Don't look now but I think EA MIGHT be going down.. I re entered anyway, but posting chart might jynx it

The Really Useless Thread

Look at the post above!

The Really Useless Thread

From ForexLive I’d just like to confirm the obvious….. Written by Gerry Davies August 22, 2012 at 06:36 GMT There are some bloody big sell orders lined up just ahead of 1.2500 image For instance, heard of just one bank alone with a yard to go up ...

The Really Useless Thread

Silver is my main hedge for most of my USD I bought physical @ 26.75. It probably will double top here @ $29.50 in the short term but its a hedge not a intraday/week trade I definitely wouldn't trade it intra day when I can use leverage. If 1:1 ...

The Really Useless Thread

I saw your quote, Yes they do tend to lead the way, I have noticed that in my limited trading experience. Should have longed $1530 with a billion lots, but at least am long silver

The Really Useless Thread

Dare I post another chart? They might run my stops! This time EU not EA Need 2452 to go. Bull flag + steep trend line makes me a bit cautious though. E/U H1

The Really Useless Thread

indeed, my blood been watching this POS go straight up for more than 24 hours with only a 20 pip pull back. I'll keep shorting with really tight stops once we get some tops and roll over PA is kind of telling me that EA will just consolidate for ...

The Really Useless Thread

According to my chart the first move did not touch the 23.6 fib, this one basically did, about 0.3 pips away. Snuck another two in with RR of at least 10:1! Cmon please no touchie of stop loss! EA M1 Edit: I swear whenever I post charts my stops ...

The Really Useless Thread

Yes praying is more like it Double top here we can only hope Not looking good if Aussie wants 104.10 and E/U doesn't go down faster :/

The Really Useless Thread

yes this has helped me pick up a lot of extra pips, knowing which one to short or long. for a usd play its either au or eu depending on ea. for the last two weeks eu has been the best way to play usd short, and au the best way to play usd long, but ...

The Really Useless Thread