mjoke's Verbally Abusive Futures, Options and Forex Trading - At your own Risk

THIS IS A GENERAL THREAD and JOURNAL (i guess)

I shall be migrating into this thread with my trades, charts and posts, which will encompass everything i have done before and your mom.
(excluding my already existing threads which i will post in ex; crazy options gains  and the core eur/usd and Hg commodity ones)
Trades here will be a mix of Options monthly (crazy gains is daily to weekly trades), Copper, Corn, Nasdaq Futures and Forex a.. take it or leave it..

To some doing well or being honest, knowledgeable or giving your own views on matters is verbally abusive  when its really an opinion.   Therefore, If you want an adult discussion or have an opinion then post it, so i can tell your abusive too lol ....  if you want to cry and whine or have preconceived notions based on conjecture or your assumptions, then you have the rest of the forum to piss on such as the intraday thread. People can dish it out to others, but cant take it apparently, since a few think they speak for all (baaa), or its so simple regardless ,..  both cant be any farther from the truth.

Ill make this simple.. You post in here, you will be held accountable for what you say.. THINK before you TYPE and dont come here to start shit, even vaguely, no children allowed.
This is of my own decision since others rather rule the roost feel they know it all and push their dribble, more so be hallow in perception, perspective and technique.

This is what i find simple AND if you still find this hard to understand.. Refer to my signature for more information or clarify on the matter.

Again...you post here, be open for discussion or clarify things..Is that so hard? I hope not since your trading!! -  no yes men allowed, or one sentence concepts. Thoughts are required, learning never stops. Debate and discussion over differing opinions breeds truth and clarity to trades and trends;.. cant handle it or be professional in an non bias manner?... Sorry not the thread for you.

Anyways.. come Monday GL.

DISCLAIMER:   dont like this then dont view or stay out - No one is forcing you to click the thread or come in here and talk to a abusive person lol,

simple? good, because anymore simplistic and it would be retarded. 

This thread is all JMO and will post my trades here besides the thread mentioned above.. so take it or leave it.. no one is forcing you to read it.

On Sunday when the Forex opens, im looking for a decline in the EURO from its run on friday due to shorts covering between the 1.318-.1322 levels.. cause by options and the expiration associated.

The EU IMF fund has reached 400B or so.. which is still HALF of what is required if spain has a problem. While they are countering the Spain yeilds and controlling the US ones as well, portgual and others will be a quite problems which blows up in the face of the ECB and IMF. ... Also in regards to the FED decisions which are upcoming, (one this week) and then in June.. are the last 2 meetings before the US presidential elections.. If they dont hint towards Qe3 (which i feel they wont) then it wont occur.

More so this weekend is very important as it outlines the path for the euro and further support by Germany and France, with the french elections of a socialist left wing president. .

For those who think it wont happen, oh as a french man it already has.

We are on the edge of a major consolidation and move higher, trending sideways until Friday.. or we will break down and test lower resistances.

As disclosed on friday in another thread, we would be pinned and if so run on Monday and revert on tuesday.. or break out, which didnt happen.

NQ respecting the channel

euro ratios

This Sunday 1st round. results Sunday night.

May 6th 2nd round.

Also May 6th will be a greek election which is huge also, and need to keep spending cuts.

Doesnt look too good for these bulls.. yep, sell in May and go away will be happen before then JMO.

 Socialist will take the presidency, seems the trend lately.. but if the current president does trail in the 1st election, there will be a euro bounce but sold.

He wants to raise taxes and ban options trading.. so just to give people who dont read french news papers an idea of how extreme he is.

He will also push back against Germany, about the latest pack.. Its basically France being self interest than the whole continent.

Time to cut the string and not hold hands anymore.. as it should of been.

Caveat: There is a massive triangle which was established in Feb, and bodes a bias to the downside and.. JUST MY OPINION.

oh and.. EU FLASH PMI is coming out for china too.. but i guess everyone knew that lmao.

early data already indicates a breakdown or sitting on support @  1.319 .. and the spread is 20pips.. which is alot.

Now trading at 1.3180  -- The  socialists leading..

edit: Close 1st round but the socialist won .. higher turn out than expected. 80%

Won by 1%

eh cool kids? pishaw.. i always hung with the nerds.

ya well the least thing i wanted to do was start a journal.. but i guess ill compress my babble or ramblings or whatever you want to label it .. other than opinions

  dam it i inserted this line and never know whow to remove it but clearing the post,.. oh well.

viva La France! but ill wait for the AU PPI to be released and then the HSBC Flash PMI for china.

Edit: Let me point out that HSBC PMI for China measure more small to medium businesses. While the Government PMI targets large business.. kinda an issue when it comes to what people look at and cooking by china i think due to them looking only at larger units.

AU PPI missed. weaker AU Dollar. CPI will be out tomorrow which doesn't really have a correlation but some say it does.

Waiting on China Flash PMI for April.. due in the the next hr.

HSBC China PMI April49.1 vs 48.3 last month. Still a contraction but a uptick slightly.

Pretty much no reaction.. See what the official numbers will say later on.

The pattern the last 2 years has been sell on May and go away.. and then when summer comes EU is on vacation, and the fear is it will all fall apart then as Spain is coming home to roost. But the ECB might just do alittle money printing to qwell the panic.. however wont be as easy if there is a new President in France.

euro breaking down to 1.316 and well see how it holds up there. Still holding my position from last week, taking some of the pain away eh.

EU PMI dropped from 49.1 feb   to 47.x march .. what will we see for April.

France and Germany are to report

German PMI missed hardcore.. down to 46.3 ..expected 49.0

French PMI 47.3 from 46.7

Eurozone PMI declines to 47.9 from 49.4

beautiful action today on EUR/USD and copper..

We have recovered somewhat and will continue too until EOD.. cant have a sell off all at once, more so, there is other data pending.

waiting on Euro excubrance to wane.. which should be tonight i think.