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The Really Useless System 25 replies

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The Really Useless Thread

Good God that was like a 1 hour bad acid trip. I'm dizzy.
Markets unable to shake out whatever is the name of what we witnessed from the US. We will need some Tweet and details on the real economic issues very soon. Tracking the close in the Euro, that is becoming better and better as instrument for Risk in the world but still have its own risk mess to deal with it ...

Politicians in full control and flirting to destroy the very solid numbers across the develop world.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
Quoting goosebone
Good God that was like a 1 hour bad acid trip. I'm dizzy.
I did not get any wiser. Well a little bit I heard him tell that he is a very nice guy, that he is the least racist anyone has ever seen. And that he will not tell the press 4 months before , not 3 months before, not 1 month before he send the army in to Mosul.
Trading in the shadow of SM
Quoting Earleone
{quote} I did not get any wiser. Well a little bit I heard him tell that he is a very nice guy, that he is the least racist anyone has ever seen. And that he will not tell the press 4 months before , not 3 months before, not 1 month before he send the army in to Mosul.
Was good to get that cleared up wasn't it.
The press' opinion of his performance is the President's primary focus. The business of the nation is secondary if it comes up at all. The ratings and opinion pages can be waved in front of his face like a feather on a string and he becomes a hypnotized and defenseless kitten. I guess this is what 26% of eligible voters in the USA wanted for a leader. Or, if not, the buyer's remorse should be setting in hard pretty soon.
Quoting goosebone
{quote} Was good to get that cleared up wasn't it. The press' opinion of his performance is the President's primary focus. The business of the nation is secondary if it comes up at all. The ratings and opinion pages can be waved in front of his face like a feather on a string and he becomes a hypnotized and defenseless kitten. I guess this is what 26% of eligible voters in the USA wanted for a leader. Or, if not, the buyer's remorse should be setting in hard pretty soon.
Yeah, US will get answer to this question now:

Is it better to have the Village idiot inside the tent pissing out rather than outside the tent pissing in"
Trading in the shadow of SM
Quoting Earleone
{quote} Yeah, US will get answer to this question now: Is it better to have the Village idiot inside the tent pissing out rather than outside the tent pissing in"
Thats brilliant. Never heard that one.
Look What fake news achieved , such a simple technique now threatening the earth itself .
Attached Image
Quoting goosebone
{quote} Thats brilliant. Never heard that one.
It is from Lyndon B Johnson .
Trading in the shadow of SM
Quoting Earleone
{quote} It is from Lyndon B Johnson .
Aah. About Hoover. That's great. LBJ had some great lines.
and we rolled. A very strong and solid day in the Euro with bulls holding tight the 1.05xx handle. An irrelevant close TA wise, however its getting clearer and clearer that Euro is becoming a very strong candidate as US risk off instrument especially after we clear elections.

On the rest of the board, soft day across the board with only sharp intraday moves via US political risk reaching new highs with lots of money flowing to Euro, Treasuries, and especially Gold. Here in the same line, heavily taking mid and long term precautions for what is cooking in the upcoming weeks/months as no longer seem a random option but rather a critical issue.

Not much to do across the board with same levels, same trades, same all.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
@goosebone We have a pending discussion from last iteration wrap up. I think it will be a good idea to raise the bar even further an open a v. complex iteration given the circumstances and rather large moves from the 1.050x handle.

Lets open a fresh iteration one more time but this time only you and the first person who reply 'I am in' will play (if you are ok with it obviously). Your decision has to be taken straight away long or short PUBLICLY while the other person will have to send me the answer by PM in private ....I will explain you why when we wrap up...

so

++++ opening small extra iteration 2 for @goosebone and only the first person to reply 'I am in' ++++

-> Long 1.068x -> STP 1.058x -> TP1 1.078x -> TP2 1.088x -> TP3 1.108x | max r:r 1:4

or

-> Short 1.068x -> STP 1.078x -> TP1 1.058x -> TP2 1.048x -> TP3 1.028x| max r:r 1:4


Only @goosebone have to reply in public ....the other one just wait until I confirm for further details

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
I am in
Quoting SorinAQ
I am in
Ok you have 5 minutes to send me via PM your choice before @goosebone take a side.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
Quoting sisse
{quote} Ok you have 5 minutes to send me via PM your choice before @goosebone take a side. sisse
Damm my email server slow. I was typing I am in as it popped up
Sorry didn't catch that I was supposed to wait on that. I'll post my side in 5
Quoting goosebone
Sorry didn't catch that I was supposed to wait on that. I'll post my side in 5
You can choose now ...@SorinAQ already took his side.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
I'll take the short side again. Can't deny 520 felt a bit like a poison choosing moment. And I don't like today's candle much. But all the same I have no clear and present reason to go long on eu.
LE: I already chose my side, even though my phone didn't seem to want to cooperate :S
Thanks goosebone and SorinAQ

1.067x triggered for both. Will track Drawdown this time too.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
I would be more reluctant to take the short but would do so only because OUTLOOK has not changed for Mid and Long term leg.

I am not sure if sisse is changing short term outlook though seeing as EU is getting more stronger and the go to currency during risk or as a risk instrument.

I am confused and lost on this move from from .052x. I felt I had decent position but not anymore.

I am only lost because it seems we close a handle or lock a handle to only re open it. I felt a close below .061x and .058x was key. Wrong.

Good luck guys in the iteration. I will be trying to learn from this one.
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