The Really Useless Thread | Page 93 | 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

  • #1,841
  • Aug 23, 2011 10:53pm Aug 23, 2011 10:53pm
Quoting Venice
Yeah, pretty brutal pa right.

Maybe just coiling...
My M1 and M5 showing that we are running outa steam to topside...weird cuz the M5 never triggered...and the M1 was a very tight trigger range.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,842
  • Aug 23, 2011 10:53pm Aug 23, 2011 10:53pm
Quoting kenfen69
So do you look for an hourly close outside and then trigger from a lower TF...or something like that?
I am waiting for a good break and then get in ,on the same TF ,but again I have more tricks to filter )
  • #1,843
  • Aug 23, 2011 10:54pm Aug 23, 2011 10:54pm
Quoting Magix
My M1 and M5 showing that we are running outa steam to topside...weird cuz the M5 never triggered...and the M1 was a very tight trigger range.
I miss the PA from July and back

Edit: I think surviving this time period we are seeing the worse PA for some time (after we get out of it)... that is, of course, if we dont' suffer a full economic meltdown first.
  • #1,844
  • Aug 23, 2011 10:57pm Aug 23, 2011 10:57pm
Quoting Venice
I miss the PA from August and back
I am actually glad I been outa this shit show this week...

Well, mostly...

Hourly and H4 showing downside could get deep...daily not quite in agreement, and the weekly says, SELL the first signs of weakness...

Maybe this turd is finally ready to start sinking?
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,845
  • Aug 23, 2011 10:57pm Aug 23, 2011 10:57pm
Quoting sofia101
I am waiting for a good break and then get in ,on the same TF ,but again I have more tricks to filter )
Excellent. Great looking chart!
  • #1,846
  • Aug 23, 2011 10:58pm Aug 23, 2011 10:58pm
Quoting Magix
Maybe this turd is finally ready to start sinking?
Or...maybe the turd time is a charm back to the north?
  • #1,847
  • Aug 23, 2011 10:59pm Aug 23, 2011 10:59pm
Quoting kenfen69
Or...maybe the turd time is a charm back to the north?
I took the M1 trigger up @ 44002...not crazy bout the hold just yet....

Ez in Ez out...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,848
  • Aug 23, 2011 11:01pm Aug 23, 2011 11:01pm
Never a bad time for the Yayhoos...

Inserted Video
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,849
  • Aug 23, 2011 11:02pm Aug 23, 2011 11:02pm
Quoting Magix
I took the M1 trigger up @ 44002...not crazy bout the hold just yet....

Ez in Ez out...
Same same...just been slicing and dicing a little.

Attached Image (click to enlarge)
Click to Enlarge Name: 1min.PNG Size: 51 KB
  • #1,850
  • Aug 23, 2011 11:02pm Aug 23, 2011 11:02pm
Here the other view with arrows just pure PA with the right timing )
Attached Image (click to enlarge)
Click to Enlarge Name: 1h with pa.gif Size: 51 KB
  • #1,851
  • Aug 23, 2011 11:03pm Aug 23, 2011 11:03pm
Quoting Magix
Seems to be a lot of weight holding this down...

Lemme know if/when they get absorbed...
Sorry, sir, I was taking a shower trying to get a little steam into my head. Obviously, it has. But still somewhat more for sale than bid on balance right now.
  • #1,852
  • Aug 23, 2011 11:04pm Aug 23, 2011 11:04pm
2005 chart...monthly view
Attached Image (click to enlarge)
Click to Enlarge Name: chart3.gif Size: 18 KB
Look Sharp/Trade Tight
  • #1,853
  • Aug 23, 2011 11:04pm Aug 23, 2011 11:04pm
Quoting Magix
I am actually glad I been outa this shit show this week...

Well, mostly...

Hourly and H4 showing downside could get deep...daily not quite in agreement, and the weekly says, SELL the first signs of weakness...

Maybe this turd is finally ready to start sinking?
Only thing that is keeping me from holding onto a bear view at the moment... is the bull candle from the 15th.

I am having a hell of a time reading this daily chart feckery, but on the 7th day and still have yet to clear it.

Daily could be supply consumption. We do have a very ill-formed ascending triangle (ish), and I say that with the slightest of tongue.

Not like it really matters anyways. Even if we do break north, we then have yet another supply zone right above it. 4513 zone is currently being eaten away, then we have another one right above it at 4540.

Edit: On the other side of things... the full move from 4092 - to current does look very wedge'ish.
  • #1,854
  • Aug 23, 2011 11:05pm Aug 23, 2011 11:05pm
2005 chart, daily..
Attached Image (click to enlarge)
Click to Enlarge Name: chart3.gif Size: 18 KB
Look Sharp/Trade Tight
  • #1,855
  • Aug 23, 2011 11:06pm Aug 23, 2011 11:06pm
Quoting sofia101
Here the other view with arrows just pure PA with the right timing )
I like it...so clean!
  • #1,856
  • Aug 23, 2011 11:07pm Aug 23, 2011 11:07pm
Quoting PayTheLimit
2005 chart, daily..
Seem's more 2011'ish to me.
  • #1,857
  • Aug 23, 2011 11:08pm Aug 23, 2011 11:08pm
Quoting kenfen69
I like it...so clean!
Thank you )
  • #1,858
  • Aug 23, 2011 11:09pm Aug 23, 2011 11:09pm
Quoting Venice
Seem's more 2011'ish to me.
No shite! Almost spooky!
  • #1,859
  • Aug 23, 2011 11:09pm Aug 23, 2011 11:09pm
stop at BE here so who cares.. thought we might get a run back to the 4441 so its a risk free shot at it now
  • #1,860
  • Aug 23, 2011 11:11pm Aug 23, 2011 11:11pm
2005 chart hourly...
Attached Image (click to enlarge)
Click to Enlarge Name: chart3.gif Size: 24 KB
Look Sharp/Trade Tight
20 traders viewing now