The Really Useless Thread | Page 7690 | 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

  • #153,781
  • Aug 15, 2017 8:26am Aug 15, 2017 8:26am
Quoting gatorinla
{quote} . {image}
Yeah...1.1909 to 1.1545....
  • #153,782
  • Aug 15, 2017 8:31am Aug 15, 2017 8:31am
back after L close.. nap time
those who can, do. those who cant, talk about those who can
  • #153,783
  • Aug 15, 2017 8:33am Aug 15, 2017 8:33am
Quoting gatorinla
{quote} . {image}
Have been following this thread for a while, thanks Gatorinla and Angelina for all the discussion and info. Am still learning, can I ask whats the indicator u have there? The one saying MF and normal.
  • #153,784
  • Aug 15, 2017 9:36am Aug 15, 2017 9:36am
Quoting gatorinla
{quote} it dont have to bounce at this point.. to go to 1545... 1766 is above that R at 1755 52 and 63.. taking a nap. L close under 1735 is still bearish.. that dont mean it wont hit 1766.. it would be harder.. bird in the hand, plus i hit a benchmark on account. it made me close. along with the LL and adr stretched.. pending 1766 till 1784... stops above 1784
If it bounced above 1/2 of month at 1578, would it be still bullish Gator?
If today it goes lower than 1688 before NY closes, I think we will have no chance to get back 176ish
Bearish week !
  • #153,785
  • Aug 15, 2017 10:22am Aug 15, 2017 10:22am
Quoting Angelina
{quote} If it bounced above 1/2 of month at 1578, would it be still bullish Gator? If today it goes lower than 1688 before NY closes, I think we will have no chance to get back 176ish Bearish week !
pa targets 1545...atm i would like to see L close below 1735 and 1755.. that's what 1818 was about last week 1818/1910 was normal b4 drop to 1545.. probaly R 1735 55 63, i am hoping for a poke at 1766 then a fast reject below those
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 24 KB
those who can, do. those who cant, talk about those who can
  • #153,786
  • Aug 15, 2017 10:28am Aug 15, 2017 10:28am
Quoting TheOnion
{quote} Have been following this thread for a while, thanks Gatorinla and Angelina for all the discussion and info. Am still learning, can I ask whats the indicator u have there? The one saying MF and normal.
no indi.. meta fibs
those who can, do. those who cant, talk about those who can
  • #153,787
  • Aug 15, 2017 10:40am Aug 15, 2017 10:40am
Quoting gatorinla
{quote} pa targets 1545...atm i would like to see L close below 1735 and 1755.. that's what 1818 was about last week 1818/1910 was normal b4 drop to 1545.. probable R 1735 55 63, i am hoping for a poke at 1766 then a fast reject below those {image}
got that now.. a lower close on the L day. i dont know if it will make 1766 it has lots of R to slow or prevent. apparently some large forces are in play. 1766 pending short for me.. R above 1778 1784 1793 1826 1841. i will jump in if i see something earlier.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 16 KB
those who can, do. those who cant, talk about those who can
  • #153,788
  • Aug 15, 2017 10:52am Aug 15, 2017 10:52am
std... good luck.. later
those who can, do. those who cant, talk about those who can
  • #153,789
  • Aug 15, 2017 12:04pm Aug 15, 2017 12:04pm
Quoting gatorinla
{quote} got that now.. a lower close on the L day. i dont know if it will make 1766 it has lots of R to slow or prevent. apparently some large forces are in play. 1766 pending short for me.. R above 1778 1784 1793 1826 1841. i will jump in if i see something earlier. {image}
So would 1778 be your sl if pending short is triggered at 1766?

Thanks
  • #153,790
  • Aug 15, 2017 12:07pm Aug 15, 2017 12:07pm
Quoting Trenderer
{quote} So would 1778 be your sl if pending short is triggered at 1766? Thanks
i think he mentioned above 84.
  • #153,791
  • Aug 15, 2017 1:20pm Aug 15, 2017 1:20pm
Quoting Trenderer
{quote} So would 1778 be your sl if pending short is triggered at 1766? Thanks
u could,, but the spread if it hit 1778 would knock u out. best give it 2 extra pips (above for s/l example 1780) or? its normal to reach 1766 if i am right about the atm low. if i am wrong about the low. it may not reach 1766. so it cost nothing. anyway it may have to go back to 1714 again, 1728 may be a support so maybe it will bounce to 1766 later in Asian or early London.. it may not bounce enough either. the Resistance at 1735 1755 1762 now. i dont know if it will get above those. i can only suggest past pa. past pa indicates it will attempt to reach 1766 minimal, if 1752/62 allows. (1766/1792). i am still playing for it to reach 1545 or less
those who can, do. those who cant, talk about those who can
  • #153,792
  • Aug 15, 2017 2:46pm Aug 15, 2017 2:46pm
Quoting gatorinla
{quote} u could,, but the spread if it hit 1778 would knock u out. best give it 2 extra pips (above for s/l example 1780) or? its normal to reach 1766 if i am right about the atm low. if i am wrong about the low. it may not reach 1766. so it cost nothing. anyway it may have to go back to 1714 again, 1728 may be a support so maybe it will bounce to 1766 later in Asian or early London.. it may not bounce enough either. the Resistance at 1735 1755 1762 now. i dont know if it will get above those. i can only suggest past...
it went back to 1714. now if it can get over that 1752/62 area once more, is the question. pa since Fridays inability to hold 1826 looks bearish to me. so i am still shorting bounces. the 1766 bounce is normal
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 23 KB
those who can, do. those who cant, talk about those who can
  • #153,793
  • Aug 15, 2017 2:47pm Aug 15, 2017 2:47pm
Quoting gatorinla
{quote} it went back to 1714. now if it can get over that 1752/62 area once more, is the question. {image}
it didnt go back to 714
  • #153,794
  • Aug 15, 2017 4:13pm Aug 15, 2017 4:13pm
Quoting Venomousssss
{quote} it didnt go back to 714
think he meant from last thurs it went back to 714
  • #153,795
  • Aug 15, 2017 4:46pm Aug 15, 2017 4:46pm
Quoting Venomousssss
{quote} it didnt go back to 714
your right.. i mistook 1728 for 1714 line on chart.. dont worry.. by Friday it will get worse.. 1714 untouched..
those who can, do. those who cant, talk about those who can
  • #153,796
  • Aug 15, 2017 8:31pm Aug 15, 2017 8:31pm
2 hrs from now bears may want to close the 12h below 1728. that would be bearish. it may comfort them enough for 1766 (it would be harder to do)... we will see.
in 2 hrs close above 1728 may help 1766. 12 hrs after that will be more important.
those who can, do. those who cant, talk about those who can
  • #153,797
  • Aug 15, 2017 10:32pm Aug 15, 2017 10:32pm
Quoting gatorinla
2 hrs from now bears may want to close the 12h below 1728. that would be bearish. it may comfort them enough for 1766 (it would be harder to do)... we will see. in 2 hrs close above 1728 may help 1766. 12 hrs after that will be more important.
it didnt budge. odds for 1766, got a little better with no 12 h under 1728. still has to beat the R 1752/62 to get there
those who can, do. those who cant, talk about those who can
  • #153,798
  • Aug 16, 2017 12:00am Aug 16, 2017 12:00am
Quoting gatorinla
{quote} it didnt budge. odds for 1766, got a little better with no 12 h under 1728. still has to beat the R 1752/62 to get there
Good morning,
If it doesn't drop before 3 AM EST, we will have chance I guess
  • #153,799
  • Aug 16, 2017 2:43am Aug 16, 2017 2:43am
It just touched 1757ish
Next 1h candle will be... !??
Hummm !!!
  • #153,800
  • Aug 16, 2017 2:51am Aug 16, 2017 2:51am
Quoting Angelina
{quote} Good morning, If it doesn't drop before 3 AM EST, we will have chance I guess
s 1753
those who can, do. those who cant, talk about those who can
12 traders viewing now