The Really Useless Thread | Page 621 | 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

  • #12,401
  • Sep 13, 2011 10:41pm Sep 13, 2011 10:41pm
Quoting gatorinla
3626 area looks ready for a n bounce.. 40+ usually
i dont know if it will hold.. it should have bounced. formation said 3609 was the st target. i thought it would bounce first.
those who can, do. those who cant, talk about those who can
  • #12,402
  • Sep 13, 2011 10:51pm Sep 13, 2011 10:51pm
what a dumbass !!!
must have been half asleep so didnt take the profit at the top and a short got filled
Moral: trading while half asleep is dangerous..
Attached Image (click to enlarge)
Click to Enlarge Name: EU.PNG Size: 15 KB
  • #12,403
  • Sep 13, 2011 10:54pm Sep 13, 2011 10:54pm
not too much confidence in the last short addition, may start taking profit soon if it perks up
Attached Image (click to enlarge)
Click to Enlarge Name: 13sept11audshorts.png Size: 31 KB
Don't have an ego. Always question yourself and your ability.
  • #12,404
  • Sep 13, 2011 10:58pm Sep 13, 2011 10:58pm
Where is everybody? A 70 point, 3 hour repricing style move with only one headfake, you'd think that would interest a few people...
  • #12,405
  • Sep 13, 2011 11:00pm Sep 13, 2011 11:00pm
Quoting hkkhanus
what a dumbass !!!
must have been half asleep so didnt take the profit at the top and a short got filled
Moral: trading while half asleep is dangerous..
If I understand what you wrote, sounds like you should open a "holy grail" thread with how to get yourself into that state.
  • #12,406
  • Sep 13, 2011 11:04pm Sep 13, 2011 11:04pm
Quoting gatorinla
i dont know if it will hold.. it should have bounced. formation said 3609 was the st target. i thought it would bounce first.
Looks to me like you nailed the bounce to within a couple of pips. Sure you're not just a little scared of this pair just now? It can move, but I don't think it's going to move like a freight train and ignore all the rules. Just sayin.
  • #12,407
  • Sep 13, 2011 11:07pm Sep 13, 2011 11:07pm
thats exactly what what i should do, plus gather a group of muppets to follow me , then come back to this thread sometimes and have a rawr with the "TRADERS who have no clue what they are doing"

just kidding, dont meean to offend anyone

Quoting OldQuant
If I understand what you wrote, sounds like you should open a "holy grail" thread with how to get yourself into that state.
  • #12,408
  • Sep 13, 2011 11:07pm Sep 13, 2011 11:07pm
Quoting OldQuant
Where is everybody? A 70 point, 3 hour repricing style move with only one headfake, you'd think that would interest a few people...
I'm here, but not really...

Some really good sedatives at the hospital this morning have kept me on my ass all friggen day, mostly with a wad of drool leaking out of the corner of my mouth...

That being said, I figured best for me and my account that I sit out for the day, but on the analytical side of things...

We have found support on the M15 after being rejected last night @ the 200EMA. Price cruised on past that leading me to believe that we will be making tracks for the 200EMA on M30, but are currently in chino retrace as daily roll for chino is just a bit below current...(Current pricing close to weekly open)

Would I buy based on this...again, I wouldn't be dropping my money on these words, certainly wouldn't expect anybody else to do that either....

PS, I did respond to your hulls question last night, ya might hafta scroll back to see the reply.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #12,409
  • Sep 13, 2011 11:11pm Sep 13, 2011 11:11pm
There a saying "it ain't brag if it's true," so I'll say that I nailed getting out of that corn. 40 cents down since then. Going short the EUR, though, I think I'm just damn lucky so far, and not completely sure high 37's plus won't paint this week still.
  • #12,410
  • Sep 13, 2011 11:12pm Sep 13, 2011 11:12pm
Quoting hkkhanus
thats exactly what what i should do, plus gather a group of muppets to follow me , then come back to this thread sometimes and have a rawr with the "TRADERS who have no clue what they are doing"

just kidding, dont meean to offend anyone
Yeah, then you can challenge guys: "post your sedatives. I dare ya. I'll post mine."
  • #12,411
  • Sep 13, 2011 11:14pm Sep 13, 2011 11:14pm
Quoting OldQuant
Looks to me like you nailed the bounce to within a couple of pips. Sure you're not just a little scared of this pair just now? It can move, but I don't think it's going to move like a freight train and ignore all the rules. Just sayin.
rules say its gonna hit 3609.... but 3626 i had a valid bounce sig... both can be true... id rather have closed short and be wrong. then hold it and be 40 pips + right. ,,, i dont have the right answer. bounce then 3609 is the best i can figure.. also the 38xx+ formation is still valid.
those who can, do. those who cant, talk about those who can
  • #12,412
  • Sep 13, 2011 11:15pm Sep 13, 2011 11:15pm
Quoting Magix
I'm here, but not really...

Some really good sedatives at the hospital this morning have kept me on my ass all friggen day, mostly with a wad of drool leaking out of the corner of my mouth...

That being said, I figured best for me and my account that I sit out for the day, but on the analytical side of things...

We have found support on the M15 after being rejected last night @ the 200EMA. Price cruised on past that leading me to believe that we will be making tracks for the 200EMA on M30, but are currently in chino retrace as daily roll...
Yeah, I saw your answer. That's what I meant by tunnel or channel or whatever word I used: the space more/less parallel on two emas. I still don't know if it's just that the two values 16 and 25 are too close, or whether the Hull idea just doesn't work with emas at all. Haven't had time to see.

All good health wise?
  • #12,413
  • Sep 13, 2011 11:16pm Sep 13, 2011 11:16pm
LOL you nailed it OQ
Quoting OldQuant
Yeah, then you can challenge guys: "post your sedatives. I dare ya. I'll post mine."
  • #12,414
  • Sep 13, 2011 11:19pm Sep 13, 2011 11:19pm
Quoting Magix

We have found support on the M15 after being rejected last night @ the 200EMA. Price cruised on past that leading me to believe that we will be making tracks for the 200EMA on M30, but are currently in chino retrace as daily roll for chino is just a bit below current...(Current pricing close to weekly open)
Here's the chart...
Attached Image (click to enlarge)
Click to Enlarge Name: td.jpg Size: 233 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #12,415
  • Sep 13, 2011 11:21pm Sep 13, 2011 11:21pm
Quoting gatorinla
rules say its gonna hit 3609.... but 3626 i had a valid bounce sig... both can be true... id rather have closed short and be wrong. then hold it and be 40 pips + right. ,,, i dont have the right answer. bounce then 3609 is the best i can figure.. also the 38xx+ formation is still valid.
pa target is 3609.... but a support may be found at 3605,, its stretching my trigger.. im sure back to 3633 is safe after. ok almost sure..
those who can, do. those who cant, talk about those who can
  • #12,416
  • Sep 13, 2011 11:22pm Sep 13, 2011 11:22pm
euro channel test coming up, let's see how it reacts there
Don't have an ego. Always question yourself and your ability.
  • #12,417
  • Sep 13, 2011 11:24pm Sep 13, 2011 11:24pm
Quoting OldQuant
Yeah, I saw your answer. That's what I meant by tunnel or channel or whatever word I used: the space more/less parallel on two emas. I still don't know if it's just that the two values 16 and 25 are too close, or whether the Hull idea just doesn't work with emas at all. Haven't had time to see.

All good health wise?
Envelope...

The battle will most likely always rage on with the MA traders as to which will be the most valueable, much the same as running length or period zone of the Hulls...

I still believe that it boils down to personal preference and perspective.

In the case of the bots, running a hulls envelope might show some great value. Spreads tight and trading during the active zones, it can sure help whiddle out the counters and wait for proper trades in the immediate or hulls defined trend. Along the same lines, I use 2x hulls as well, one just in form of a histogram and one in form of line, helps me keep shit straight in my own head...most of the time...

The health thing...still not good, but nothing found in a Gastroscopy...mixed emotions on that. Much as I am glad they didn't find something wrong, I would sure like to know what is wrong...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #12,418
  • Sep 13, 2011 11:28pm Sep 13, 2011 11:28pm
as chuck Bronson used to say, "Dis ain't ovah."

http://www.guardian.co.uk/business/feedarticle/9842803
"If The Fool persists in his Folly he will become wise." - William Blake
  • #12,419
  • Sep 13, 2011 11:29pm Sep 13, 2011 11:29pm
L for a few 3609.. looking for 40 pips.. 3833 then maybe 3866..
those who can, do. those who cant, talk about those who can
  • #12,420
  • Sep 13, 2011 11:32pm Sep 13, 2011 11:32pm
Quoting gatorinla
pa target is 3609.... but a support may be found at 3605,, its stretching my trigger.. im sure back to 3633 is safe after. ok almost sure..
27 traders viewing now