The Really Useless Thread | Page 654 | 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

  • #13,061
  • Sep 15, 2011 7:08am Sep 15, 2011 7:08am
Quoting Piters
????
where's that quote from? UBS London desk now acting as proxy for SNB, somehow doubt it..
  • #13,062
  • Sep 15, 2011 7:10am Sep 15, 2011 7:10am
Quoting cloggie
Don't trade metals, none of my brokers offer it. Do keep an eye on it for correlation and giggles, but don't trade it.
nice setup is coming out.. shortly.

:nerd:
  • #13,063
  • Sep 15, 2011 7:12am Sep 15, 2011 7:12am
Quoting FibbinArchie
lol, seen that somewhere before..

Quite funny, makes me smile a bit when its not all normal
  • #13,064
  • Sep 15, 2011 7:12am Sep 15, 2011 7:12am
Quoting FibbinArchie
where's that quote from? UBS London desk now acting as proxy for SNB, somehow doubt it..
tweet .. not official

@BNNStreet
  • #13,065
  • Sep 15, 2011 7:12am Sep 15, 2011 7:12am
Quoting cloggie
Don't trade metals, none of my brokers offer it. Do keep an eye on it for correlation and giggles, but don't trade it.
Did you hear the latest on the UBS trader....he was caught with his pants down on the SNB move ...another good lesson for those who claim no stops/non sense "hedges" and etc.... I wonder how many in FF blew it too...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #13,066
  • Sep 15, 2011 7:16am Sep 15, 2011 7:16am
Quoting sisse
Did you hear the latest on the UBS trader....he was caught with his pants down on the SNB move ...another good lesson for those who claim no stops/non sense "hedges" and etc.... I wonder how many in FF blew it too...

sisse

There is loads of rumours flying around. The guys I know over there aren't talking. (yet)

Yeah lots of muppets blew their account on that day. Gave up counting the WTF's when I got to 50
  • #13,067
  • Sep 15, 2011 7:17am Sep 15, 2011 7:17am
Quoting Piters
tweet .. not official

@BNNStreet
Quoting sisse
Did you hear the latest on the UBS trader....he was caught with his pants down on the SNB move ...another good lesson for those who claim no stops/non sense "hedges" and etc.... I wonder how many in FF blew it too...

sisse
oh i see, misinterpreted the sentence... duh..
  • #13,068
  • Sep 15, 2011 7:18am Sep 15, 2011 7:18am
Quoting cloggie
There is loads of rumours flying around. The guys I know over there aren't talking.

Yeah lots of muppets blew their account on that day. Gave up counting the WTF's when I got to 50
but 2bln risk exposure? seriously, what fucking planet is he on?
  • #13,069
  • Sep 15, 2011 7:18am Sep 15, 2011 7:18am
Quoting FibbinArchie
w'up killer...

keeping well i trust, back on the crack forex..
all great in here u


cant live with out it have to get high
  • #13,070
  • Sep 15, 2011 7:22am Sep 15, 2011 7:22am
Quoting kill56
all great in here u


cant live with out it have to get high
addict..

yeah all good thanks bro, moving to a slightly longer holding period / swing type strategy, working well so far, touch wood. still just a bit early with moving stops to b/e though...
  • #13,071
  • Sep 15, 2011 7:26am Sep 15, 2011 7:26am
Rumors keep flying today (less than yesterday) "...EU is potentially going to announce some type of US style TAR...."(source: forexlive)

Well reports coming. A clean sweep of shorts stops is not wide open but open for today on a US session break 1.380x to 1.389x and even an overshoot to 1.397x (last breakout point) for the weekly close.

H4 looks very tired in my charts but my option is a potential entry on rejection of H4 lows on a breather to +/- 1.375x/1.373x. Any move below 1.368x will kill all bulls... In simple words looking for down/load and up move. A direct move will make me watch the party from outside in the euro....

A push with good news in reports (and or EZ TARP or whatever) is making ES look very good for a extended rally to daily R again with a lot better r:r that the euro if the move is direct...

we'll see and GL all trading the news/NY/H4 combo

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #13,072
  • Sep 15, 2011 7:30am Sep 15, 2011 7:30am
Quoting cloggie
Still playing out, nothing worth trading for me just yet.

Loads in the muppet house are buying it already. Can they all be so crap really? Good thing they are all centrally located, it is fun watching the herd mentality at work on that thread. Lemmings, the lot of 'm.
  • #13,073
  • Sep 15, 2011 7:31am Sep 15, 2011 7:31am
bit of a mixed bag on us data..
  • #13,074
  • Sep 15, 2011 7:34am Sep 15, 2011 7:34am
Quoting FibbinArchie
bit of a mixed bag on us data..

A bit of risk-off on first review here.
  • #13,075
  • Sep 15, 2011 7:34am Sep 15, 2011 7:34am
Quoting sisse
Rumors keep flying today (less than yesterday) "...EU is potentially going to announce some type of US style TAR...."(source: forexlive)

Well reports coming. A clean sweep of shorts stops is not wide open but open for today on a US session break 1.380x to 1.389x and even an overshoot to 1.397x (last breakout point) for the weekly close.

H4 looks very tired in my charts but my option is a potential entry on rejection of H4 lows on a breather to +/- 1.375x/1.373x. Any move below 1.368x will kill all bulls... In simple words looking for down/load...
what is your take on GOLD vs EU TARP [Geithner recipe]??
  • #13,076
  • Sep 15, 2011 7:35am Sep 15, 2011 7:35am
Quoting Piters
nice run from DPP test with LO...

[Chart]
You too are a greedy bastard, p.
  • #13,077
  • Sep 15, 2011 7:36am Sep 15, 2011 7:36am
Quoting cloggie
A bit of risk-off on first review here.
benjamin speaks in 10 mins, but just opening remarks..
  • #13,078
  • Sep 15, 2011 7:39am Sep 15, 2011 7:39am
More sluggish numbers. Things are getting upside down in the US. Inflation ticking up, real economy ticking down. What is even worse is that obviously current account was better than expected (with soft dollar almost all the quarter) but let see what happens next quarter if we don't get QE3, EZ debt problems and the Swiss in direct fight in the currency war ....

Only a new very bad Philly will probably put a break on the stock markets rally on air ...meanwhile enjoy the bubble.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #13,079
  • Sep 15, 2011 7:40am Sep 15, 2011 7:40am
30 min looks primed for a north move
  • #13,080
  • Sep 15, 2011 7:42am Sep 15, 2011 7:42am
I have to shit but I also have to manage this trade

Long from GU M15 demand. I almost want it to take me out so I can go
125 traders viewing now