The Really Useless Thread | Page 403 | 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

  • #8,041
  • Sep 5, 2011 3:32am Sep 5, 2011 3:32am
Hello guys,
THis is my view for EURUSD >

Inserted Video



Cheers
Petar
"Buy on fear, sell on greed !!!
  • #8,042
  • Sep 5, 2011 3:56am Sep 5, 2011 3:56am
zzzzzzzzz........
Look Sharp/Trade Tight
  • #8,043
  • Sep 5, 2011 4:07am Sep 5, 2011 4:07am
Quoting PayTheLimit



4084 _____monthly mofu lip
4131 _____monthly quarter lip
53/54 ____first projected
78 _______monthly Mid lip
83 _______last weeks/friday low
95 _______second projected/possible swing low confirmation
4204 _____late NY

tested/held..looking for an hourly above 53/54 to open up some more upside still
Look Sharp/Trade Tight
  • #8,044
  • Sep 5, 2011 4:09am Sep 5, 2011 4:09am
bear continued & still bear but within the lattest mofu and with breaks 4156/61 will expect 4173/76 breaks to bull formation or not .long active still .
fontu
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #8,045
  • Sep 5, 2011 4:17am Sep 5, 2011 4:17am
Quoting PayTheLimit
gotcha....here are a few of mine in the vicinity...



4084 _____monthly mofu lip
4131 _____monthly quarter lip
53/54 ____first projected
78 _______monthly Mid lip
83 _______last weeks/friday low
95 _______second projected/possible swing low confirmation
4204 _____late NY

despite the action 53/54 is getting, its only a mid to 95, that second projected number is the one thats more important, the one which could trigger a more serious change in market make up...or at least thats how I have it configured now anyway, still experimental mostly...
Attached Image (click to enlarge)
Click to Enlarge Name: chart3.gif Size: 18 KB
Look Sharp/Trade Tight
  • #8,046
  • Sep 5, 2011 4:22am Sep 5, 2011 4:22am
Quoting PayTheLimit
despite the action 53/54 is getting, its only a mid to 95, that second projected number is the one thats more important, the one which could trigger a more serious change in market make up...or at least thats how I have it configured now anyway, still experimental mostly...
I would prefer the area between your orange Q and yellow "late NY" (H4 R in my charts) ..... Those Euro retail # are enough to mark the low of the day in the euro too but is getting late (no US today) and 1.415x still holding so time is ticking fast for a mini move up intraday .... Playing this H4 bar only in all markets and after closing the shop.... GL with the longs...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #8,047
  • Sep 5, 2011 4:27am Sep 5, 2011 4:27am
Quoting sisse
I would prefer the area between your orange Q and yellow "late NY" (H4 R in my charts) ..... Those Euro retail # are enough to mark the low of the day in the euro too but is getting late (no US today) and 1.415x still holding so time is ticking fast for a mini move up intraday .... Playing this H4 bar only in all markets and after closing the shop.... GL with the longs...

sisse
thanks bro, crappy PA either way...perhaps a bullish bar this hour, might encourage some short covering, otherwise an hourly break below 31 will open more dowside up, or more likely produce a range that might hold for the rest of the day...still think I am going to call it quits soon..
Look Sharp/Trade Tight
  • #8,048
  • Sep 5, 2011 4:28am Sep 5, 2011 4:28am
Quoting PayTheLimit
despite the action 53/54 is getting, its only a mid to 95, that second projected number is the one thats more important, the one which could trigger a more serious change in market make up...or at least thats how I have it configured now anyway, still experimental mostly...
It's a monday ...

But it is likely we have seen our low for today ...

More than 20 times I did reverse my positions until now ...

Very active trading style ...

More than 50 pips cashed that way ...

Long again ... overall 1.4220 or 1.4250 might be printed later ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #8,049
  • Sep 5, 2011 4:32am Sep 5, 2011 4:32am
Quoting mercy seat
It's a monday ...

But it is likely we have seen our low for today ...

More than 20 times I did reverse my positions until now ...

Very active trading style ...

More than 50 pips cashed that way ...

Long again ... overall 1.4220 or 1.4250 might be printed later ...



;-|

yes, very active indeed...its a good day for those types of activities, indeed...for me, as you say, no meat on this bone yet...I await this hours close, and perhaps place some orders and take a break...
Look Sharp/Trade Tight
  • #8,050
  • Sep 5, 2011 4:32am Sep 5, 2011 4:32am
Quoting PayTheLimit
thanks bro, crappy PA either way...perhaps a bullish bar this hour, might encourage some short covering, otherwise an hourly break below 31 will open more dowside up, or more likely produce a range that might hold for the rest of the day...still think I am going to call it quits soon..
Yeap. I will be surprise if they make a new break down today so choppy range seems the best option. BTW, Bund yields below 2%, Banks getting hammered again, EZ debt fears in play and Gold ready to continue the fly to all time highs.... All risk and panic back in Asian and European stock markets but US is in driver seat for the risk on/off move so.....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #8,051
  • Sep 5, 2011 4:36am Sep 5, 2011 4:36am
Quoting sisse
Yeap. I will surprise if they make a new break down today so choppy range seems the best option. BTW, Bund yields below 2%, Banks getting hammered again, EZ debt fears in play and Gold ready to continue the fly to all time highs.... All risk and panic back in Asian and European stock markets but US is in driver seat for the risk on/off move so.....

sisse
sure, we have seen this movie before, not sure if this one has a different ending, lol...I'd like to see a test of last months low soon, and see what happneds...should give us a some nice action one way or the other...
Look Sharp/Trade Tight
  • #8,052
  • Sep 5, 2011 4:43am Sep 5, 2011 4:43am
asia broke new lows, europe came in to test the defense of 4100 leg of a DNT, asian name at the lows protecting, i smell a short market... US off for today, event risk later in the week, obama and trichet... perhaps some short covering

have a good one...
  • #8,053
  • Sep 5, 2011 4:46am Sep 5, 2011 4:46am
Quoting PayTheLimit
sure, we have seen this movie before, not sure if this one has a different ending, lol...I'd like to see a test of last months low soon, and see what happneds...should give us a some nice action one way or the other...
The movie is getting a bit repetitive and expectations have already changed as nobody believes in the EZ politicians solving the debt problem any longer and nobody believes the US is in the right track for election year ....so back to basics buy gold and ride the stock markets on free money or dump everything and buy gold too until we reach bottom. ...

In simple words, IMO forget about the euro and the EZ, they are not in the driver seat anymore (it has been the last 2 years) and it will only move as collateral of any other move until the debt crisis part V triggers.....

TA Oh sure. I would love that. I would even like a test of the monthly MIB low. That will be perfect. A tick outside of the range will be fantastic to align monthly with weekly and daily for the first time since April....
Pending conversations? PM for a chat...I am mainly in OTM now
  • #8,054
  • Sep 5, 2011 4:53am Sep 5, 2011 4:53am
Quoting sisse
The movie is getting a bit repetitive and expectations have already changed as nobody believes in the EZ politicians solving the debt problem any longer...

and it will only move as collateral of any other move until the debt crisis part V triggers.....

....

like I said, its the same movie, perhaps the ending will be different this time, but then again we all know that most politicians are spineless, on bothsides of the atlantic, and we will most likely have to wait for things to get much worse...still looking to buy some farmland...
Look Sharp/Trade Tight
  • #8,055
  • Sep 5, 2011 4:54am Sep 5, 2011 4:54am
Quoting Monroe
asia broke new lows, europe came in to test the defense of 4100 leg of a DNT, asian name at the lows protecting, i smell a short market... US off for today, event risk later in the week, obama and trichet... perhaps some short covering

have a good one...
lol, sometimes, I start to smell something, and after a few mins, I realize its me...
Look Sharp/Trade Tight
  • #8,056
  • Sep 5, 2011 4:58am Sep 5, 2011 4:58am
A quick drop to 1.4000- 1.3975 would be nice today.
Markets are not Random, they are designed!
  • #8,057
  • Sep 5, 2011 5:00am Sep 5, 2011 5:00am
Quoting PayTheLimit
lol, sometimes, I start to smell something, and after a few mins, I realize its me...
lol I know what you mean...
  • #8,058
  • Sep 5, 2011 5:01am Sep 5, 2011 5:01am
Quoting Monroe
lol I know what you mean...

hate when that happends...
Look Sharp/Trade Tight
  • #8,059
  • Sep 5, 2011 5:02am Sep 5, 2011 5:02am
off to lunch, bbl, gl, PTL..
Look Sharp/Trade Tight
  • #8,060
  • Sep 5, 2011 5:08am Sep 5, 2011 5:08am
Quoting PayTheLimit
off to lunch, bbl, gl, PTL..

Make sure to have your helmet on
606 traders viewing now