The Really Useless Thread | Page 7716 | 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

  • #154,301
  • Aug 24, 2017 7:54am Aug 24, 2017 7:54am
Quoting Boulder
{quote} currently 1798, bull needs 75 and bear needs 70 pips to finish the ADR business .. let bear win..
if its going to drop, it probably will not go as high as 1828 again. if so, that 1808 may be the last setup, it may be all bulls get.. if they think it will break 1826.. at 1780 or 1865 they would have less draw down.
those who can, do. those who cant, talk about those who can
  • #154,302
  • Aug 24, 2017 8:19am Aug 24, 2017 8:19am
std.. i will probably miss L close... shorts still running.. the same closes from earlier in the week needed for me..
those who can, do. those who cant, talk about those who can
  • #154,303
  • Aug 24, 2017 8:25am Aug 24, 2017 8:25am
All this small back and forth is gonna end with some bigger movements, tommorrow i think.
  • #154,304
  • Aug 24, 2017 8:36am Aug 24, 2017 8:36am
Quoting gatorinla
{quote} ok 1808 done... lets try 1780 and 1765 or less {image}
That was nice set up!
I missed the entry was busy a bit!
1826 and 1841 were tough lol
And 1745/1753 were tough too ..
  • #154,305
  • Aug 24, 2017 8:46am Aug 24, 2017 8:46am
Quoting Angelina
{quote} That was nice set up! I missed the entry was busy a bit! 1826 and 1841 were tough lol And 1745/1753 were tough too ..
lots of time.. a little one with 1829 stop may do ok.. even a little one at 1545 would look good.. if late a smaller trade.. later..
those who can, do. those who cant, talk about those who can
  • #154,306
  • Aug 24, 2017 8:50am Aug 24, 2017 8:50am
Quoting Jesusknows
All this small back and forth is gonna end with some bigger movements, tommorrow i think.
Actually scratch that, 5 o clock news might be the trigger. Mortage disclaims might be a good reason to push keys
  • #154,307
  • Edited 9:30am Aug 24, 2017 8:59am | Edited 9:30am
Quoting gatorinla
{quote} lots of time.. a little one with 1829 stop may do ok.. even a little one at 1545 would look good.. if late a smaller trade.. later..
Got it !


Ty!
Have you got my email yet Gator?



bbl
  • #154,308
  • Aug 24, 2017 12:21pm Aug 24, 2017 12:21pm
L rolled lower than yest..
those who can, do. those who cant, talk about those who can
  • #154,309
  • Aug 24, 2017 12:21pm Aug 24, 2017 12:21pm
Quoting Angelina
{quote} Got it ! Ty! Have you got my email yet Gator? bbl
yeah, but i am a little old for the Prom.
those who can, do. those who cant, talk about those who can
  • #154,310
  • Aug 24, 2017 12:27pm Aug 24, 2017 12:27pm
added some more shorts at 814 :/
  • #154,311
  • Aug 24, 2017 12:33pm Aug 24, 2017 12:33pm
not much movement today.. its near high.. it would be nice to test 1734 today.. yellen and dragis tomorrow.. i was hoping for a dump push b4 they speak..
those who can, do. those who cant, talk about those who can
  • #154,312
  • Aug 24, 2017 12:37pm Aug 24, 2017 12:37pm
Quoting gatorinla
{quote} yeah, but i am a little old for the Prom.
hihihi, not yet until we see 15ish

It might hit 1826 then get back to retest 1783ish. Or up to 1841 then drop back to 17ish, not sure!
But doesnot look bearish today! Prob at L, dont know..
  • #154,313
  • Aug 24, 2017 12:45pm Aug 24, 2017 12:45pm
Quoting Angelina
{quote} hihihi, not yet until we see 15ish It might hit 1826 then get back to retest 1783ish. Or up to 1841 then drop back to 17ish, not sure! But doesnot look bearish today! Prob at L, dont know..
tomorrows events have a great chance at boning PA and setting the tone for mid term direction to new highs or gators 545.
  • #154,314
  • Edited 2:06pm Aug 24, 2017 12:57pm | Edited 2:06pm
Quoting Venomousssss
{quote} tomorrows events have a great chance at boning PA and setting the tone for mid term direction to new highs or gators 545.
SL can save us lol !

I was scalping long against 1783 but got out with few pips!
Usually when the market sets up for dropping on Thursday, it would be starting around 10-12 EST already.
The uptrend does not look that strong so far, not sure... later
So hope for L then, if not, wait for 1841 then SL
2 strong Rs there, as long as it below it, we are good !

Good luck with your trade !
  • #154,315
  • Aug 24, 2017 2:54pm Aug 24, 2017 2:54pm
Quoting Venomousssss
{quote} tomorrows events have a great chance at boning PA and setting the tone for mid term direction to new highs or gators 545.
...yea...well...i seriously tried to write sth that sounds intelligent...but yea...i hope Draghi sends it down to where it belongs for the moment tippytop 1 15s
  • #154,316
  • Aug 24, 2017 3:47pm Aug 24, 2017 3:47pm
something that concerns me on shorts..german ifo business climate better than expected for the last 6 months straight..a 7th green number seems..not unlikely...us core durable goods..worse than expected for 4 months straight..odds of another red number..not too bad.
  • #154,317
  • Edited 4:20pm Aug 24, 2017 4:09pm | Edited 4:20pm
London & Ny closed lower on their day. ADR may expose 90 ish pips either way.. both closed 1801/1798 closes. tomorrow being Friday. may put 1758 and 1734 closes in the scope for Fridays closes. if that would happen. the closes would probably contain yellen and dragis comments. i prefer London close -1705. 1734 great too, -1732 better. these closes will happen with the including ECB/FED releases. that would be a strong statement for Bears if under 1705.
those who can, do. those who cant, talk about those who can
  • #154,318
  • Aug 24, 2017 4:30pm Aug 24, 2017 4:30pm
inside day on the daily, inside week going also as of right now...marking 1.1722 as support right now..

cable posted an outside wicky spinner for the day...
Look Sharp/Trade Tight
  • #154,319
  • Aug 24, 2017 4:36pm Aug 24, 2017 4:36pm
Quoting longshot_nl
{quote} Took long 1.2808 which is a bullish mid. sl 5 pips target 330 pips towards my bearish entry edit: chart added. {image}
fail.
will try again at 1.2782
Its bottom of mofu area and libra pattern in the making.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 18 KB
  • #154,320
  • Aug 24, 2017 4:46pm Aug 24, 2017 4:46pm
as far as cable goes, if they take her down some, might try some longs near 1.2697...not sure where to sell just now, was offering 1.2853s today, might try them again tomorrow......night all
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 47 KB
Look Sharp/Trade Tight
117 traders viewing now