The Really Useless Thread | Page 1022 | 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

  • #20,421
  • Sep 30, 2011 2:40pm Sep 30, 2011 2:40pm
Quoting kenfen69
I'll happily leave it to the pros. Seems like a "big boy's club" to me. I monitor it at all times...is a staple on my screen. Will often play a big part in decisions I'm making, just never on it directly.

BTW...1.334x would be a very impressive finale!

Attachment
It would. running out of time. 3:45 last play of the week. small profit taking if any on the ES and thats it for the quarter.

BTW, interesting how cable broke correlation with the euro on the last moves...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #20,422
  • Sep 30, 2011 2:41pm Sep 30, 2011 2:41pm
Quoting gatorinla
30 m left in stock markets. .. will she sell off more. or will the buyers step in.. china closed next week
the entire week?
  • #20,423
  • Sep 30, 2011 2:47pm Sep 30, 2011 2:47pm
Quoting sisse
BTW, interesting how cable broke correlation with the euro on the last moves...
Very interesting. Wasn't a subtle difference, either. I was quite surprised to see my GJ trades back well over 150+ pips when I woke up. Where as the same play on EJ would have been in the red, or BE at best.

Very convicted monthly candle coming up here...barring some 100pip run to the north in the final hour.
  • #20,424
  • Sep 30, 2011 2:48pm Sep 30, 2011 2:48pm
Quoting kenfen69
Very interesting. Wasn't a subtle difference, either. I was quite surprised to see my GJ trades back well over 150+ pips when I woke up. Where as the same play on EJ would have been in the red, or BE at best.

Very convicted monthly candle coming up here...barring some 100pip run to the north in the final hour.
I have been waiting for a damn trigger in cable for over 2 months now (positon trading)...hopefully this month will do it...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #20,425
  • Sep 30, 2011 2:52pm Sep 30, 2011 2:52pm
ES on air lost last 5m support ...free fall till the close.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #20,426
  • Sep 30, 2011 2:53pm Sep 30, 2011 2:53pm
Quoting sisse
I have been waiting for a damn trigger in cable for over 2 months now (positon trading)...hopefully this month will do it...

sisse
It seems close. Patience is good...tough to practice at times, but cable could pay handsomely very soon. Indications are definitely appearing...same with GJ. Although I'm not too worried about finding THE bottom, I still like trying!

Plenty of room to get aboard, though. Great potential for position trades.
  • #20,427
  • Sep 30, 2011 2:54pm Sep 30, 2011 2:54pm
Quoting pkimnyc
the entire week?
i believe so. i have a few green long termers. if not id be flat over the weekend.
those who can, do. those who cant, talk about those who can
  • #20,428
  • Sep 30, 2011 2:55pm Sep 30, 2011 2:55pm
Quoting sisse
ES on air lost last 5m support ...free fall till the close.

sisse
Somebody caught it! Hmmmmmm...

Attached Image (click to enlarge)
Click to Enlarge Name: Ponzo.jpg Size: 110 KB
  • #20,429
  • Sep 30, 2011 2:55pm Sep 30, 2011 2:55pm
Quoting sisse
I have been waiting for a damn trigger in cable for over 2 months now (positon trading)...hopefully this month will do it...

sisse
you had a perfect short on it.
those who can, do. those who cant, talk about those who can
  • #20,430
  • Sep 30, 2011 2:55pm Sep 30, 2011 2:55pm
Quoting pkimnyc
the entire week?
Whole week.
  • #20,431
  • Sep 30, 2011 2:58pm Sep 30, 2011 2:58pm
Quoting gatorinla
you had a perfect short on it.
well yes but I am fixated on that quarterly long ..looking for 2.0xx trade ...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #20,432
  • Sep 30, 2011 3:01pm Sep 30, 2011 3:01pm
Quoting sisse
well yes but I am fixated on that quarterly long ..looking for 2.0xx trade ...

sisse
its going to test the low.. it missed the target. 5292.. st says it goes back
those who can, do. those who cant, talk about those who can
  • #20,433
  • Sep 30, 2011 3:05pm Sep 30, 2011 3:05pm
Quoting PayTheLimit
I want that lower purple...
Look Sharp/Trade Tight
  • #20,434
  • Sep 30, 2011 3:06pm Sep 30, 2011 3:06pm
3384 still last weeks low...
Look Sharp/Trade Tight
  • #20,435
  • Sep 30, 2011 3:08pm Sep 30, 2011 3:08pm
Quoting PayTheLimit
3384 still last weeks low...
Plotting the next weekly S is not such a bad idea....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #20,436
  • Sep 30, 2011 3:10pm Sep 30, 2011 3:10pm
Quoting sisse
Plotting the next weekly S is not such a bad idea....

sisse
targeting gbp 4803.. the current bounce is a mid.. st says we go back to that mid.
those who can, do. those who cant, talk about those who can
  • #20,437
  • Sep 30, 2011 3:11pm Sep 30, 2011 3:11pm
Quoting PayTheLimit
.
  • #20,438
  • Sep 30, 2011 3:12pm Sep 30, 2011 3:12pm
Quoting gatorinla
targeting gbp 4803.. the current bounce is a mid.. st says we go back to that mid.


Damn those would be some cheap pounds!

Lows of 1.35 in 2008...lest we (I) forget.
  • #20,439
  • Sep 30, 2011 3:15pm Sep 30, 2011 3:15pm
I want some too please

Quoting kenfen69


Damn those would be some cheap pounds!

Lows of 1.35 in 2008...lest we (I) forget.
  • #20,440
  • Sep 30, 2011 3:16pm Sep 30, 2011 3:16pm
Quoting gatorinla
targeting gbp 4803.. the current bounce is a mid.. st says we go back to that mid.
Well It will need a break of 1.53xx to convince me of that...

In any case, ES hold support for the quarterly close. Euro 1.339x close and got all the other numbers I need

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
215 traders viewing now