The Really Useless Thread | Page 7752 | 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

  • #155,021
  • Oct 3, 2017 12:44am Oct 3, 2017 12:44am
Quoting gatorinla
{quote} its at that lowest day close.. 1704.. thinking if it can get above the st R (lowest week close) at 1738. it may take 1766
short around 176ish is not a bad one I think!
  • #155,022
  • Oct 3, 2017 6:18am Oct 3, 2017 6:18am
Quoting Angelina
{quote} short around 176ish is not a bad one I think!
i just closed most for 51 pips.. at 1758.. possible L scalp if 1738 is visited b4 1766
those who can, do. those who cant, talk about those who can
  • #155,023
  • Oct 3, 2017 6:24am Oct 3, 2017 6:24am
Quoting gatorinla
{quote} i just closed most for 51 pips.. at 1758.. possible L scalp if 1738 is visited b4 1766
liquid..1728, if 1738 allows... 1791 is about adr. it would place a norm above 1738 in speculation. 1766 being norm now, places it as an attraction.. 1728 if it pulls back may be a place to L if 1738 let, for 1766 or even adr scalp wise.
Attached Image
those who can, do. those who cant, talk about those who can
  • #155,024
  • Oct 3, 2017 6:28am Oct 3, 2017 6:28am
this momentum may drag eu till 1840...but do not see anything over... as I see it is the best place for now to short for 1.08...If there is no change in FA. up around 80 pips down 1000 pips. when I look that picture even can begin to short from here.
  • #155,025
  • Oct 3, 2017 6:34am Oct 3, 2017 6:34am
Quoting gatorinla
{quote} liquid..1728, if 1738 allows... 1791 is about adr. it would place a norm above 1738 in speculation. 1766 being norm now, places it as an attraction.. 1728 if it pulls back may be a place to L if 1738 let, for 1766 or even adr scalp wise. {image}
being fluid makes 1766 no longer the attractant.. its now 1763 updated.. and if it misses 1763.. 1728 may be a place to long a scalp... 1728 is fluid.. but since its so near 1763 atm.. it should not rise much. unless 1763 happens b4
those who can, do. those who cant, talk about those who can
  • #155,026
  • Oct 3, 2017 6:49am Oct 3, 2017 6:49am
we also have the 6 hr close 1743, above the L close at 1738. either may be a st support. since its been so bearish.. i will wait for 1728, right or wrong.. below it the 12h at 1711..
adp nut kick possible tomorrow . hurricane could raise u rate
those who can, do. those who cant, talk about those who can
  • #155,027
  • Oct 3, 2017 7:05am Oct 3, 2017 7:05am
Quoting gatorinla
{quote} being fluid makes 1766 no longer the attractant.. its now 1763 updated.. and if it misses 1763.. 1728 may be a place to long a scalp... 1728 is fluid.. but since its so near 1763 atm.. it should not rise much. unless 1763 happens b4
a step ahead with bs speculation. if the current low holds 1700. the high today atm is mid point to 1826/27.. if it goes and get some 1728 wheaties. and after makes a high above the atm high or mid point. 1 may be able to wait for 1827 or more to short. i have some pendings there already. but if adp or nfp raises u rate. it may go to the 1968 norm more easily.
those who can, do. those who cant, talk about those who can
  • #155,028
  • Oct 3, 2017 7:56am Oct 3, 2017 7:56am
Quoting gatorinla
{quote} i just closed most for 51 pips.. at 1758.. possible L scalp if 1738 is visited b4 1766
Thanks for mentioning 1738 ..is visited.. covered shorts +20 moments ago..instead of just +10.. you are amazing..
  • #155,029
  • Oct 3, 2017 8:33am Oct 3, 2017 8:33am
short again at 1758, will add more at 1766 and the adr high at 1780 ..
  • #155,030
  • Oct 3, 2017 8:56am Oct 3, 2017 8:56am
Quoting Boulder
{quote} Thanks for mentioning 1738 ..is visited.. covered shorts +20 moments ago..instead of just +10.. you are amazing..
its still open,, either 1763 or 1728. i was hoping 1738 would bend some to give me a 1728+ spread entry.. i still got a shot. but below 1738 on L close will hurt the odds. if L close is above 1738, i may catch just a wick to 1728.. void 1728 if it makes a HH or 1763
those who can, do. those who cant, talk about those who can
  • #155,031
  • Oct 3, 2017 9:07am Oct 3, 2017 9:07am
Quoting gatorinla
{quote} that july one had 1784 L week/month L month 1826 Ny month 1841.. u may need to raise that threshold to 1752/50, as low as 1716. if your scalping.. 1748 may provide some support.. the day and week are still down.. day needs a lower day close -1704.. week -1737 month -1826.. all still open.. 1901+ on month would be strong
1737 is that old weekly number bears need a close below. the L day one at 1704. the month did close below 1826.. but the shorter tf week/ day & the quarter being bullish. could erase month. that and norm at 196x has me skeptical on the bear. plus we have adp and NFP coming. employment will be fighting hurricanes and could tick up some.

anyway i see it has taken 1766 now.. on the day L close above 1738 is a bullish sign. if so it may retrace some of yest move. 1738 may be a support next time too,
those who can, do. those who cant, talk about those who can
  • #155,032
  • Oct 3, 2017 9:11am Oct 3, 2017 9:11am
in a symmetrical world 1781.6 could be toppish placing mid at 1738.5 with adr and wanting mid above 1738.. 1782/95 using adr.
something like this would be nice if 1782 was the high.. entry at 1739 with 1738 support ones are nice when they work
those who can, do. those who cant, talk about those who can
  • #155,033
  • Edited 10:20am Oct 3, 2017 9:15am | Edited 10:20am
scalped more shorts between 1966 to 1970, 89% adr already..will add more at 1780s, ,,..believe I will have a chance to profit later today.

closed now at 1753, +6 to +17..plus +20 earlier .. done today... not bad for two hours.., thanks Gator..
  • #155,034
  • Oct 3, 2017 10:07am Oct 3, 2017 10:07am
still hope 1840.. to short. short squeze possible araound here.
  • #155,035
  • Oct 3, 2017 10:43am Oct 3, 2017 10:43am
Quoting gatorinla
in a symmetrical world 1781.6 could be toppish placing mid at 1738.5 with adr and wanting mid above 1738.. 1782/95 using adr. something like this would be nice if 1782 was the high.. entry at 1739 with 1738 support ones are nice when they work
closed above 1738, at 1762. bullish day wise off the 1704 lowest day close. 1762 is also above the week one at 1737.. its bullish st as in the day is higher.. but bullish into months close 1809.. and weeks 1818... it may be best to let it settle back to 1734/37 or nearer 1700 to long that close.. adr can still reach 90 ish pips.. r1 at 1787... a possible short to 1737/34 may develop. or a bounce b4 at 1734/37...atm in the chop between
those who can, do. those who cant, talk about those who can
  • #155,036
  • Oct 3, 2017 10:54am Oct 3, 2017 10:54am
beside the L close rejection of 1704. the NY bears made progress. but they were unable to close below 1727 yet, ny time. not that it won't happen.. it hasn't yet and those areas are helping support it.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 50 KB
those who can, do. those who cant, talk about those who can
  • #155,037
  • Oct 3, 2017 11:01am Oct 3, 2017 11:01am
std.. later// i left some pending
those who can, do. those who cant, talk about those who can
  • #155,038
  • Edited 12:46pm Oct 3, 2017 11:47am | Edited 12:46pm
Quoting Angelina
{quote} short around 176ish is not a bad one I think!
Trigger at 1767

Will hold for 167ish area or 157ish area

Hope it works this time !
  • #155,039
  • Oct 3, 2017 2:27pm Oct 3, 2017 2:27pm
I took long at 17403 after touching gator 1.17370
Beware of Draghi
  • #155,040
  • Oct 3, 2017 7:09pm Oct 3, 2017 7:09pm
action begin for 1840 tomorrow I see.
8 traders viewing now