The Really Useless Thread | Page 7722 | 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

  • #154,421
  • Aug 29, 2017 9:23pm Aug 29, 2017 9:23pm
.
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
  • #154,422
  • Aug 29, 2017 9:30pm Aug 29, 2017 9:30pm
Quoting gatorinla
. {image}
got it !!!

So many thanks !!!

  • #154,423
  • Aug 29, 2017 9:32pm Aug 29, 2017 9:32pm
Quoting gatorinla
{quote} i fixed this one.. typo had 1981, it should have been 1971... anyway.. the 12h London closed above 1971
Don't you think that it will come down even for a while before going to 1.2027 as per stochastic on 1 h.?
I am short @1.2045 and Tp is on 1.1920.
Please give me advice should I get out here and go long at 1.1981 level
  • #154,424
  • Aug 29, 2017 9:38pm Aug 29, 2017 9:38pm
Quoting anwaarkhan
{quote} Don't you think that it will come down even for a while before going to 1.2027 as per stochastic on 1 h.? I am short @1.2045 and Tp is on 1.1920. Please give me advice should I get out here and go long at 1.1981 level
dont know or want to give advice. i know the 12 h closed above 1971.. 1971 a L day close a few back.. now i want 2028 or more with a L roll above. NFP coming, i hope it will pump to 2166.. i have a tp and a short waiting there,
those who can, do. those who cant, talk about those who can
  • #154,425
  • Aug 29, 2017 9:45pm Aug 29, 2017 9:45pm
off to bed..
those who can, do. those who cant, talk about those who can
  • #154,426
  • Aug 29, 2017 9:50pm Aug 29, 2017 9:50pm
I'd say 1.2892 is a sexy level in cable, I'll try some longs there for sure, no questions asked...
Look Sharp/Trade Tight
  • #154,427
  • Edited Aug 30, 2017 12:10am Aug 29, 2017 10:56pm | Edited Aug 30, 2017 12:10am
Pin bar in daily candle, so be careful! We have not seen any pin bar like that on daily chart since March-2017 !!!
The main trend is still bullish, but it could turn to bearish if it breaks 1913 and 1865 !
If it hold at 1945(edited: 1940), we will see HH I think.
break 1945, I see around 1913 and 1865 as my next supports!

Good luck!


19645 atm
Attached Image (click to enlarge)
Click to Enlarge Name: EU.png Size: 36 KB
  • #154,428
  • Edited 11:40pm Aug 29, 2017 11:16pm | Edited 11:40pm
sold some UJ at 110.02, risk 12...

-12
Look Sharp/Trade Tight
  • #154,429
  • Aug 30, 2017 1:57am Aug 30, 2017 1:57am
Quoting PayTheLimit
sell some AUD just under 8001, risk 12.....last R I have for a while now... market kinda strong, but I'll try it...
liked your thinking...didnt quiet get there..but could still go back..
Its all just one persons opinion
  • #154,430
  • Aug 30, 2017 2:10am Aug 30, 2017 2:10am
7932 might be a decent S in the AUD too, think I'll try it...
Look Sharp/Trade Tight
  • #154,431
  • Aug 30, 2017 2:19am Aug 30, 2017 2:19am
Selling for a short term trade like a scalp is a nice entry. Just don’t hold it much as the trend continues up.
  • #154,432
  • Edited 5:19am Aug 30, 2017 2:34am | Edited 5:19am
Quoting Angelina
Pin bar in daily candle, so be careful! We have not seen any pin bar like that on daily chart since March-2017 !!! The main trend is still bullish, but it could turn to bearish if it breaks 1913 and 1865 ! If it hold at 1945(edited: 1940), we will see HH I think. break 1945, I see around 1913 and 1865 as my next supports! Good luck! 19645 atm {image}
I dont know if it looks like this or not ! 1950 atm
I am not sure
If yes, knee and toe needed lol
Attached Image
  • #154,433
  • Aug 30, 2017 2:46am Aug 30, 2017 2:46am
Quoting Angelina
{quote} I dont know if it looks like this or not ! I am not sure If yes, knee and toe needed lol {image}
It is certainly starting to look like that, causing me a headache , fundamentally I'm at 1.21xx but concerned ...the pattern looking convincing -ish
Its all just one persons opinion
  • #154,434
  • Aug 30, 2017 3:47am Aug 30, 2017 3:47am
cancelled all my other orders, only working 1.1930 bids in the EU...bbl
Look Sharp/Trade Tight
  • #154,435
  • Edited 4:36am Aug 30, 2017 4:25am | Edited 4:36am
Quoting gatorinla
{quote} if it can make it past 1971,, 1227 is another R it may get above if bulls are here. adr about 100.. low 1946 + 100 1246
it hit my 1952 s/l.. out at b/e.... placing a Long near, but not below 1877.9... the norm is 1865. but 1877.9 may be protected.. this is where i was talking about capitulation Friday. the L week close is at 1875. if it gets below 1877 then 1875 w/o a fight.. it may capitulate lower. months end makes 1826 a place bears want to be below. bulls do not want to wick below 1877.................. so a tight stop Long, near 1877.9 long is ok for me.
those who can, do. those who cant, talk about those who can
  • #154,436
  • Aug 30, 2017 4:45am Aug 30, 2017 4:45am
Quoting gatorinla
{quote} it hit my 1952 s/l.. out at b/e.... placing a Long near, but not below 1877.9... the norm is 1865. but 1877.9 may be protected.. this is where i was talking about capitulation Friday. the L week close is at 1875. if it gets below 1877 then 1875 w/o a fight.. it may capitulate lower. months end makes 1826 a place bears want to be below. bulls do not want to wick below 1877.................. so a tight stop Long, near 1877.9 long is ok for me.
ny close 1919 may provide some support.. the month is ending soon.. nothing is safe.
those who can, do. those who cant, talk about those who can
  • #154,437
  • Aug 30, 2017 4:46am Aug 30, 2017 4:46am
Quoting gatorinla
{quote} it hit my 1952 s/l.. out at b/e.... placing a Long near, but not below 1877.9... the norm is 1865. but 1877.9 may be protected.. this is where i was talking about capitulation Friday. the L week close is at 1875. if it gets below 1877 then 1875 w/o a fight.. it may capitulate lower. months end makes 1826 a
place bears want to be below. bulls do not want to wick below 1877.................. so a tight stop Long, near 1877.9 long is ok for me.
1877 is als dayS3
Beware of Draghi
  • #154,438
  • Aug 30, 2017 4:51am Aug 30, 2017 4:51am
Quoting gatorinla
{quote} it hit my 1952 s/l.. out at b/e.... placing a Long near, but not below 1877.9... the norm is 1865. but 1877.9 may be protected.. this is where i was talking about capitulation Friday. the L week close is at 1875. if it gets below 1877 then 1875 w/o a fight.. it may capitulate lower. months end makes 1826 a place bears want to be below. bulls do not want to wick below 1877.................. so a tight stop Long, near 1877.9 long is ok for me.
w/o me saying it above ... a close below 1826 is probably bearish. even getting below 1877 may be.. i dont know how 1875 will act. some bounce may be there. but it may be temp. because 1877 would be breached, to get to 1875.. if it dont come real close to 1877 because of the pull toward norm at 1865... than these quotes dont matter.
those who can, do. those who cant, talk about those who can
  • #154,439
  • Aug 30, 2017 4:57am Aug 30, 2017 4:57am
Quoting Paolob
{quote} 1877 is als dayS3
dono.. it has pull toward 1865... week close support at 1919... i placed my line in the sand just above 1877.9.. if below 1877, and it gets a bounce from 1875... i may look to short that bounce with 1919 as help as resistance for stop
those who can, do. those who cant, talk about those who can
  • #154,440
  • Aug 30, 2017 5:38am Aug 30, 2017 5:38am
Quoting gatorinla
{quote} i dont have a clue on what he or it will do? i suspect bulls want to keep the closes above 1826 (and 1891) today and the month closes
.
Attached Image
those who can, do. those who cant, talk about those who can
126 traders viewing now