The Really Useless Thread | Page 896 | 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

  • #17,901
  • Sep 26, 2011 8:36am Sep 26, 2011 8:36am
Quoting Venice
We could very easily still be stuffed right here.
getting up into "wick city" on the h1...
  • #17,902
  • Sep 26, 2011 8:40am Sep 26, 2011 8:40am
Quoting attila
I'm still trying to find a short entry, but it looks less enticing by the minute.
You may want to consider a test of daily R first ...my 2 cents. In any case, clear and smooth day for trading across the board, even the counter traders intraday got a clean swing down.

In the euro, only a late break 1.354x can give us more juice intraday (but IMO only tradable r:r if you are holding from below) but is in the hands of US stocks (a lot better opportunities for the rest of the day out there).

ES positioning for a very decent impulse wave up, and European stocks on the same side. All on the back of a ECB rate cut (every single major player has increased massively the odds on a cut for next meeting) and expectation on Germany clearing short term Greek problems as early as tomorrow...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #17,903
  • Sep 26, 2011 8:43am Sep 26, 2011 8:43am
additional 90 pips, 1/2 off (45 pips banked), sl @ be. letting the rest run this time.
20 pips initial sl. 1:2 rr. not bad start of the week.
  • #17,904
  • Sep 26, 2011 8:45am Sep 26, 2011 8:45am
Quoting PayTheLimit
intraday projected chart, does anyone have anything near 3614ish? thnks PTL...
1.360x here bro above 1.380x.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #17,905
  • Sep 26, 2011 8:49am Sep 26, 2011 8:49am
Quoting sisse
1.360x here bro above 1.380x.

sisse

3670 FOMC hourly close, one I'm making a note of...
Look Sharp/Trade Tight
  • #17,906
  • Sep 26, 2011 8:50am Sep 26, 2011 8:50am
Quoting PayTheLimit
3670 FOMC hourly close, one I'm making a note of...
we had this discussion before. Same FOMC in my chart but in H4...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #17,907
  • Sep 26, 2011 9:03am Sep 26, 2011 9:03am
For those interested. "Politicians alert" rumors of a join Merkel Sarkozy coming in the next few minutes. What is confirmed (lemonde) is that there will be a meeting on Saturday between both...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #17,908
  • Sep 26, 2011 9:04am Sep 26, 2011 9:04am
Quoting gatorinla
expecting a tired candle shortly.. w/o getting to 3542, maybe 3536.
getting back below 3414 indicates bear intention
3469 has to give up the booty to continue
those who can, do. those who cant, talk about those who can
  • #17,909
  • Sep 26, 2011 9:08am Sep 26, 2011 9:08am
Quoting gatorinla
3469 has to give up the booty to continue
#1 bear is 3439 m 3484.6
# 2 3418 m at 3474
#3 3371.6 m at 3450.6
#4 3345 m 3437.4
those who can, do. those who cant, talk about those who can
  • #17,910
  • Sep 26, 2011 9:09am Sep 26, 2011 9:09am
Quoting chazzle
Swissy - see if 9030 can be taken out proper ...
nope
  • #17,911
  • Sep 26, 2011 9:14am Sep 26, 2011 9:14am
Quoting attila
I'm still trying to find a short entry, but it looks less enticing by the minute.
Closed these for about 34 pips.

Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 17 KB
  • #17,912
  • Sep 26, 2011 9:17am Sep 26, 2011 9:17am
Looks like we could be in an ABC Flat...means 34 should hit again and be a major turn north...Ive scalped the mess out of her...but may take a shot if it shows
  • #17,913
  • Sep 26, 2011 9:20am Sep 26, 2011 9:20am
Quoting needpips
Looks like we could be in an ABC Flat...means 34 should hit again and be a major turn north...Ive scalped the mess out of her...but may take a shot if it shows
nothing below 3349?
those who can, do. those who cant, talk about those who can
  • #17,914
  • Sep 26, 2011 9:24am Sep 26, 2011 9:24am
Quoting gatorinla
nothing below 3349?
or that...i had a long entry there overnight....oooooh that'd been sweet if she da filled....had triple boat order with a 1% sl...(1% is a days take)
  • #17,915
  • Sep 26, 2011 9:25am Sep 26, 2011 9:25am
Quoting gatorinla
nothing below 3349?
actually my next major down target is 3240-ish
  • #17,916
  • Sep 26, 2011 9:29am Sep 26, 2011 9:29am
Would like the WP again on cable for another no-brainer scalp
Attached Image (click to enlarge)
Click to Enlarge Name: cwp.jpg Size: 70 KB
  • #17,917
  • Sep 26, 2011 9:30am Sep 26, 2011 9:30am
86 has been a good level today on the 15min, FWIW...bbl, gl, PTL...
Attached Image (click to enlarge)
Click to Enlarge Name: chart3.gif Size: 20 KB
Look Sharp/Trade Tight
  • #17,918
  • Sep 26, 2011 9:35am Sep 26, 2011 9:35am
Quoting attila
Closed these for about 34 pips.

Attachment
re entered

Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 17 KB
  • #17,919
  • Sep 26, 2011 9:44am Sep 26, 2011 9:44am
Quoting attila
re entered

Attachment
u psychic MOFO....good on ya!!!
  • #17,920
  • Sep 26, 2011 9:50am Sep 26, 2011 9:50am
Quoting needpips
u psychic MOFO....good on ya!!!
nah, not liking it very much. closed it for 14 pips. it's too slow. can find something and bounce in an instant....
50 traders viewing now