The Really Useless Thread | Page 5345 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

The Really Useless System 25 replies

Bloomberg: VIX Indicator useless for forecasting the direction of equity prices 0 replies

The Really Really Boring Forex System 97 replies

Attachments: The Really Useless Thread
Exit Attachments

The Really Useless Thread

  • #106,881
  • Aug 10, 2012 2:01am Aug 10, 2012 2:01am
Oil coming down?
  • #106,882
  • Aug 10, 2012 2:04am Aug 10, 2012 2:04am
Quoting kenfen69
Could be weak (analysis), but watching (out of the corner of my eye)...

H1

Attachment

H4...pinned...

Attachment

...but riddled with indecision.

Again...if the gap down isn't too much...I may play.
Little too much gap for me to lap!

Eying it.

Friday love of Free money in the Free world could kick in...so not jumping yet, but...

FTSE! I'm watching you!
  • #106,883
  • Aug 10, 2012 2:11am Aug 10, 2012 2:11am
Quoting kenfen69
Stretch mofo!

Like yo' moma's a mofu!



http://www.forexfactory.com/attachme...1&d=1344569548
Not as far as I would have liked on that run...

Attached Image


Crossing up again.

See what happens. Hopefully the Fix brings her down. If not...have my level above that I (nearly) bought my way into (1624.50).
  • #106,884
  • Aug 10, 2012 2:15am Aug 10, 2012 2:15am
Quoting gatorinla
if we break 1775.. i c 1936... and if its the bulls turn after.. we could look to long near weakness on a 1770 pullback with a yet unknown target. 156 pip+ above 1936... have to let it play out.. the 18xx older target is above 1775.. so 1775 has a good chance of being broken
Nice!

Clear. Concise!

I hope for neither of those today, but...

If the Chinese catalyst caused that in the dead of (our) night...maybe London is going to roll with it...hard!
  • #106,885
  • Aug 10, 2012 2:18am Aug 10, 2012 2:18am
Quoting kenfen69
If the Chinese catalyst caused that in the dead of (our) night...maybe London is going to roll with it...hard!
Gold "should" fall if they do. So...play on, players!
  • #106,886
  • Aug 10, 2012 2:29am Aug 10, 2012 2:29am
Long. Daily 20MA hit at 1.2260/61

BBL

Quoting pipper
going to try a long @ 2259/60
Disclaimer: Check your 1m charts
  • #106,887
  • Aug 10, 2012 2:35am Aug 10, 2012 2:35am
So...I've been tracking...and "mental" trading FTSE for a while. At first I liked how it closed...like a weekend...then opened the next day. Seemed "the action" was concentrated to open hours, BUT...

Attached Image


Who the fak gets to buy/sell when I can't...and cause a daily GAP?

I'm a chump...they're not. I'm not jumping in when a move like that is made!

Sisse? How do you deal with that? I only ask because we're at a Sell. I would've sold six hours ago if I could have...even tried. "Market Closed (Monkey)!" was what I was told. Well...2/3 of that, anyway!
  • #106,888
  • Aug 10, 2012 2:42am Aug 10, 2012 2:42am
Quoting kenfen69
Not as far as I would have liked on that run...
http://www.forexfactory.com/attachme...9&d=1344582536

Crossing up again.

See what happens. Hopefully the Fix brings her down. If not...have my level above that I (nearly) bought my way into (1624.50).
Not looking rotten, but...just in case...

Attached Image


NOW I can get to my top order for free.

Risk the (recent ) top...+ a few.

(talking 1630ish)
  • #106,889
  • Aug 10, 2012 2:44am Aug 10, 2012 2:44am
Quoting pipper
Long. Daily 20MA hit at 1.2260/61

BBL
The sangria puts the Brave in you!

I like it!

(we won a bronze![finally])
  • #106,890
  • Aug 10, 2012 2:52am Aug 10, 2012 2:52am
Quoting kenfen69
Not looking rotten, but...just in case...

Attachment

NOW I can get to my top order for free.

Risk the (recent ) top...+ a few.

(talking 1630ish)
Just doesn't flow like she used to for me...

Attached Image (click to enlarge)
Click to Enlarge Name: 1D.PNG Size: 56 KB


Out of the lower one. It served its purpose. No baggage!
  • #106,891
  • Aug 10, 2012 2:59am Aug 10, 2012 2:59am
Well...

Guess I've nearly seen enough. Not a bastard in sight...other than on me charts!

Is summer...is Friday...London wrap.

Still can't believe EA has sang its last dance. For anyone playing...do it safe...don't chase! Pips all about, if you let them come to you.
  • #106,892
  • Aug 10, 2012 3:01am Aug 10, 2012 3:01am
Quoting kenfen69
So...I've been tracking...and "mental" trading FTSE for a while. At first I liked how it closed...like a weekend...then opened the next day. Seemed "the action" was concentrated to open hours, BUT...

Attachment

Who the fak gets to buy/sell when I can't...and cause a daily GAP?

I'm a chump...they're not. I'm not jumping in when a move like that is made!

Sisse? How do you deal with that? I only ask because we're at a Sell. I would've sold six hours ago if I could have...even tried. "Market Closed (Monkey)!" was...
Morning...

The slope and rally in FTSE (+/-7%) in the last 2 weeks is hard to swallow. The UK has reported prolly the worst macro number in decades, is in confirmed double dip (the only major world economy), 4 major scandals in major banks, and the main economy big comapanies in the major sector's have been sluggish to say the best last Q .... to make it "better" BOE didn't put the printing machine on (and in the UK it has been by now shameful in the abuse and prostitution of monetary policy)... so FTSE has been leading the move on air (TA and FA) in my books.

London bastards have more direct relations (if you know what I mean) with the BOE and etc so I am pretty sure that we are going to get a lot free coordinated money in September from everywhere so they are riding the move before hand in a thin market that accentuate the moves...

In any case, despite the ranting, any index track in cash will have gaps in the charts because the impact of the rest of the world when is close (and the aftermarket company reports, etc ). They are even people who trade the ES only with the cash market and the Globex charts so they can see the gaps and trade accordingly....

FTSE, CAC40, DAX can have huge holes in charts because of that so are not easy or user friendly markets for holding beyond intraday..and as you see sometimes the best TA entries are gone in blank space. I would put them in the advanced section of trading. If you want to avoid the "visual" holes try plotting a 1440 minute chart aligned to the real start and end of the index without breaking the closing bar on close.

Otherwise, like most of us, 99% of the time have for macro reference and for trading the ES that is 24/7 and ultra liquid or the more "sedated" FESx that also cover almost all day sessions with smaller gaps.

.....In the euro important London opening range completed....bulls barely holding and have a very limited area for failure now so micromanaging in H4 in ...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #106,893
  • Aug 10, 2012 3:04am Aug 10, 2012 3:04am
Quoting sisse
Morning...

sisse
Beautifully timed!

Was just walking out.

Having a read...I smell a good one!

Back in a few. Hope you're well, mate.
  • #106,894
  • Aug 10, 2012 3:15am Aug 10, 2012 3:15am
Quoting sisse
Morning...

The slope and rally in FTSE (+/-7%) in the last 2 weeks is hard to swallow. The UK has reported prolly the worst macro number in decades, is in confirmed double dip (the only major world economy), 4 major scandals in major banks, and the main economy big comapanies in the major sector's have been sluggish to say the best last Q .... to make it "better" BOE didn't put the printing machine on (and in the UK it has been by now shameful in the abuse and prostitution of monetary policy)... so FTSE has been leading the move on air (TA and...
If I were to "multi-quote" that...Twee would kick my ass out for taking up server space!

That is GOLD...and people should put that in print...digital should do, if they no how to manage!

Back in a sec with a couple specific comments/questions.
  • #106,895
  • Aug 10, 2012 3:49am Aug 10, 2012 3:49am
Quoting sisse
The slope and rally in FTSE (+/-7%) in the last 2 weeks is hard to swallow. The UK has reported prolly the worst macro number in decades, is in confirmed double dip (the only major world economy), 4 major scandals in major banks, and the main economy big comapanies in the major sector's have been sluggish to say the best last Q .... to make it "better" BOE didn't put the printing machine on (and in the UK it has been by now shameful in the abuse and prostitution of monetary policy)... so FTSE has been leading the move on air (TA and FA) in my...
Out of all the indices I ever track...this one has puzzled me more over the past few months. For ALL the reasons you list above...AND...because I saw it one day...drive EVERYTHING!!! All else stood still, unless the FTSE made a move. And it kept moving higher, and higher.

Its a sell to me...unless paper, gold and shenanigans have completely de-coupled...its a sell!! 5976.5 is there to frighten me from going short right now...and it does it each day. Sell!


Quoting sisse
If you want to avoid the "visual" holes try plotting a 1440 minute chart aligned to the real start and end of the index without breaking the closing bar on close.
THAT's DTEMA on most of my charts...stars in pink. Very telling bit of stuff. No thought involved on a currency pair, because its 24/5.

Duly noted on the suggestion...and detail...for avoiding the holes. I HATE holes! That's where: I'm fixing a hole...where the rain gets in...and stops my mind, from wondering...where it will goooooooooo!


Quoting sisse
Otherwise, like most of us, 99% of the time have for macro reference and for trading the ES that is 24/7 and ultra liquid or the more "sedated" FESx that also cover almost all day sessions with smaller gaps.
Pussies!!!

You're a beaut, my friend...and genuinely a brain I would love to pick! I know I can PM...

...and that'll do. But, good for you, mister! You're like a talented wine.

kudos

  • #106,896
  • Aug 10, 2012 3:59am Aug 10, 2012 3:59am
Quoting kenfen69
...You're like a talented wine.
Um. And then some!

That was really a rather weak statement. Just sounds sexy, cool and intelligent whenever I hear it. Didn't fit here.

You know what I'm trying to say...wise guy!

To sisse!
  • #106,897
  • Aug 10, 2012 4:04am Aug 10, 2012 4:04am
To ALL of ye!

But mostly sisse!

And a little PTL...

come home, soon, mister! I got some soft-ply. Real pillowy on the hoo-hoo, you know?

You know!
  • #106,898
  • Aug 10, 2012 4:08am Aug 10, 2012 4:08am
FTSE...

Attached Image (click to enlarge)
Click to Enlarge Name: 1D.PNG Size: 31 KB


Look at the bastard up there again...trying it on again?

Pink line, sisse? 1440!

5976.5...I'm short. Said earlier that I will start around 5925 (with candles).
  • #106,899
  • Aug 10, 2012 4:15am Aug 10, 2012 4:15am
For those that want to long EA short term...in a zone.

I'm not...but re-load is here.
  • #106,900
  • Aug 10, 2012 4:27am Aug 10, 2012 4:27am
Wherever my chart went...

Attached Image (click to enlarge)
Click to Enlarge Name: 1D.PNG Size: 43 KB


I normally take some on 20.

I took some here on 17...don't like the pause. I'm sure all will be fine, but fak it...took a bit.

Play safe. Back to see where the chips lie in a while.
11 traders viewing now