The Really Useless Thread | Page 5461 | 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

  • #109,201
  • Aug 30, 2012 9:52am Aug 30, 2012 9:52am
salaam, you well bro? lesson taught by you keep the profits safe in the back pocket hehe

Quoting kill56
thats a great weedoo bro
  • #109,202
  • Aug 30, 2012 9:52am Aug 30, 2012 9:52am
got a couple dustbins in
Attached Image (click to enlarge)
Click to Enlarge Name: eu_m5.gif Size: 32 KB
  • #109,203
  • Aug 30, 2012 9:53am Aug 30, 2012 9:53am
Quoting kill56
might all up to berrny i think 2380's in sight might be wrong
or shall we call him DA CraZY Bastard?
  • #109,204
  • Aug 30, 2012 9:54am Aug 30, 2012 9:54am
welldone Aly
Quoting AllyB
got a couple dustbins in
  • #109,205
  • Aug 30, 2012 9:56am Aug 30, 2012 9:56am
london close so dont get facked its cool to cash in some
  • #109,206
  • Aug 30, 2012 9:58am Aug 30, 2012 9:58am
Quoting AllyB
got a couple dustbins in
drinks on u queen
  • #109,207
  • Aug 30, 2012 9:59am Aug 30, 2012 9:59am
Taking second micro target here on daily S (the 1st one was actually delevering more than profit taking). The other are for the play on the monthly roll but a shot in the dark with Jackson and FED on the table.... No room at all for stops as the swing trade goes to the other side with 1.236x holding the M roll....

H4 Chart update.... @ HATCH ...to close our conversation yesterday, a real example of the importance of London and timing ...this time without random 6 and 3 numbers but with daily/H4 S/R ...

sisse
Attached Image (click to enlarge)
Click to Enlarge Name: h4300812.png Size: 42 KB
Pending conversations? PM for a chat...I am mainly in OTM now
  • #109,208
  • Aug 30, 2012 10:00am Aug 30, 2012 10:00am
ok i'm outa here
tc all
goodluck
HK
  • #109,209
  • Aug 30, 2012 10:01am Aug 30, 2012 10:01am
Quoting sisse
Taking second micro target here on daily S (the 1st one was actually delevering more than profit taking). The other are for the play on the monthly roll but a shot in the dark with Jackson and FED on the table.... No room at all for stops as the swing trade goes to the other side with 1.236x holding the M roll....

H4 Chart update.... @ HATCH ...to close our conversation yesterday, a real example of the importance of London and timing ...this time without random 6 and 3 numbers but with daily/H4 S/R ...

sisse
Hey sisse,

Do you have an indicator that marks the HH/LL points or do you do that?
  • #109,210
  • Aug 30, 2012 10:01am Aug 30, 2012 10:01am
Quoting sisse
Taking second micro target here on daily S (the 1st one was actually delevering more than profit taking). The other are for the play on the monthly roll but a shot in the dark with Jackson and FED on the table.... No room at all for stops as the swing trade goes to the other side with 1.236x holding the M roll....

H4 Chart update.... @ HATCH ...to close our conversation yesterday, a real example of the importance of London and timing ...this time without random 6 and 3 numbers but with daily/H4 S/R ...

sisse

dinner on u hashoo on me
  • #109,211
  • Aug 30, 2012 10:02am Aug 30, 2012 10:02am
Quoting hkkhanus
ok i'm outa here
tc all
goodluck
HK
enjoy your long weekend!
  • #109,212
  • Aug 30, 2012 10:06am Aug 30, 2012 10:06am
Quoting kill56
drinks on u queen
Quoting kill56
dinner on u hashoo on me
sounds like a party
  • #109,213
  • Aug 30, 2012 10:07am Aug 30, 2012 10:07am
Quoting Venice
Hey sisse,

Do you have an indicator that marks the HH/LL points or do you do that?
try this hope it help
Attached File(s)
File Type: mq4 ###Daily-Weekly-Monthly Hi-Low.mq4   20 KB | 206 downloads
  • #109,214
  • Aug 30, 2012 10:08am Aug 30, 2012 10:08am
Quoting hkkhanus
ok i'm outa here
tc all
goodluck
HK

enjoy no next door ken is their
  • #109,215
  • Aug 30, 2012 10:11am Aug 30, 2012 10:11am
Quoting sisse
Taking second micro target here on daily S (the 1st one was actually delevering more than profit taking). The other are for the play on the monthly roll but a shot in the dark with Jackson and FED on the table.... No room at all for stops as the swing trade goes to the other side with 1.236x holding the M roll....

H4 Chart update.... @ HATCH ...to close our conversation yesterday, a real example of the importance of London and timing ...this time without random 6 and 3 numbers but with daily/H4 S/R ...

sisse
You'll get your whip out, I guess, but 10 minutes ago, I thought of asking what London open told you today... then I thought to just stfu...
Attached Image
  • #109,216
  • Aug 30, 2012 10:16am Aug 30, 2012 10:16am
dont read sokers

 

  1. 11:13 AM Today's decline in Europe, the euro, and now the States almost had to happen given the recycling of the ridiculous 2011 idea that China is going to be the salvation of troubled EU sovereign bond markets. Such a notion last year was often good for a quick pop, but then disaster, notes UBS' Paul Donovan. Comment!
  2. FXE, ULE
    10:42 AM The ECB has more room for accommodation, says an IMF spokesman in old news comments that seem to be taking down the euro. He also says the Spain has not requested assistance and the agency is working on no plan for such (yet?). The euro sheds its gains, now -0.2% to $1.2508.

  • #109,217
  • Aug 30, 2012 10:20am Aug 30, 2012 10:20am
Quoting Mr Hatch
You'll get your whip out, I guess, but 10 minutes ago, I thought of asking what London open told you today... then I thought to just stfu...
... The question is not the chop zone we had today (and most of the last few weeks) but how many times we don't have that chop zone until NY and London single handedly make you dreams (or nightmares) come true.

.... because we chop in the highs and went back to London doesn't mean market will do that every time ...on the contrary, markets are a bitch and usually either you are on time on you are out regardless on how "right" was your analysis...

In any case, nothing better for a trading discussion than markets giving you a hand with a real live case....

GL bro. I think we agree now on the main issue....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #109,218
  • Aug 30, 2012 10:21am Aug 30, 2012 10:21am
Quoting AllyB
got a couple dustbins in



came back from lunch just in time
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_12 Aug. 30 17.18.jpg Size: 59 KB
" Never let the past hold the future to ransom "
  • #109,219
  • Aug 30, 2012 10:26am Aug 30, 2012 10:26am
Quoting sisse
I think we agree now on the main issue....

sisse
  • #109,220
  • Aug 30, 2012 10:30am Aug 30, 2012 10:30am
Quoting Venice
Hey sisse,

Do you have an indicator that marks the HH/LL points or do you do that?
No not really mate. I used to have a link to gourmetrader.com (I think is not working anymore) that explain how to mark a swing. I wrote the HH/ HL / etc swings myself. Is daily and H4 so we have so much time to do it that an indicator will be useless.

You prolly know by heart how to define a swing so there is ways to have some external aid via an indicator if you want to spot those swing quickly but not all details.

A swing is basically a fractal of 2. So any platform with fractals (others call them swing high and low) will plot most of the swings but you still need to pinpoint and fix those very rapid swings that a fractal will fail to spot. (I sometimes use this on markets I don't trade to have a quick glance on whats going on)

If you know how to code (I know you do) you may code to mark those "fractals" to HH and HL, etc (sounds easy but very hard to program just out of common sense). I know that in my platform some users have tried (nothing good really) and in ninjatrader via C++ somebody else have code that ...don't know how effective....

In my case, I don't care, as the swings are manual and the marks too ...hey I have sometimes 48h between swings in H4 lol and in daily.... weeks ...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
63 traders viewing now