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The Really Useless Thread

  • #23,241
  • Oct 7, 2011 8:20pm Oct 7, 2011 8:20pm
Quoting needpips
Anyone ever noticed all the "systems" and or "techniques" under FF.... Seems to me that there is just 2 many variables in this biz to have a "system"....

Sounds really simple, but I have found that if u just sell supp and buy demand on the 1hr .... your Win % goes up dramatically.... anywho....have a great weekend all
Winner, winner...chicken dinner!

Bastard! Market closed and you still win!
  • #23,242
  • Oct 7, 2011 8:24pm Oct 7, 2011 8:24pm
Quoting kenfen69
Winner, winner...chicken dinner!

Bastard! Market closed and you still win!
Bastard needs to stop giving out the secrets to the holy grail! how ye been there ken?

P.s. the one and only absolute truth to these markets... price travels from supply to demand and demand to supply. No ifs and or butts about it! Now, determining where those levels are before hand is the tricky part... and it isnt always absolute.
  • #23,243
  • Oct 7, 2011 8:25pm Oct 7, 2011 8:25pm
Quoting kenfen69
Winner, winner...chicken dinner!

Bastard! Market closed and you still win!
Yo man....glad to C ya been hangin back [good to take a break]..... dont let the thread get to ya....its useless

Ill be round a lil less....landed a sweet architecture job today.....ching ching

Ill still be trading all day though....ha....Im still trying to perfect trading 2 or 3 key times as triggers
  • #23,244
  • Oct 7, 2011 8:29pm Oct 7, 2011 8:29pm
Quoting needpips
Yo man....glad to C ya been hangin back [good to take a break]..... dont let the thread get to ya....its useless

Ill be round a lil less....landed a sweet architecture job today.....ching ching

Ill still be trading all day though....ha....Im still trying to perfect trading 2 or 3 key times as triggers
Good luck with it mang... passion is such a wonderful thing isnt it. Us bastards arent really so bastardy... just got a lot of heart! Things tend to fall in place from that with a good bit of work and dedication...
  • #23,245
  • Oct 7, 2011 8:30pm Oct 7, 2011 8:30pm
Quoting Venice
how ye been there ken?
Good brother v. Hop a flight to vegas...here all weekend. Mischief awaits! Home to TO sunday...Cananada thanksgiving Monday. Mischief!
  • #23,246
  • Oct 7, 2011 8:31pm Oct 7, 2011 8:31pm
Invisible stalkers on tonight.
  • #23,247
  • Oct 7, 2011 8:34pm Oct 7, 2011 8:34pm
Quoting kenfen69
Good brother v. Hop a flight to vegas...here all weekend. Mischief awaits! Home to TO sunday...Cananada thanksgiving Monday. Mischief!
Oh man good stuff. Ive never been to la... or even the west coast for that matter. Definitely on my to do! Be safe with the traveling, enjoy the holidays... gimmie a reign check on that, and ill be out in a few years once things actually get a bit stable for me!
  • #23,248
  • Oct 7, 2011 8:35pm Oct 7, 2011 8:35pm
Quoting needpips
Ill be round a lil less....landed a sweet architecture job today.....ching ching
Well thats some of the nicer news I heard ths week! Congrats brthr!

This in NY? Include the dead and undead?
  • #23,249
  • Oct 7, 2011 8:36pm Oct 7, 2011 8:36pm
Quoting Venice
Good luck with it mang... passion is such a wonderful thing isnt it. Us bastards arent really so bastardy... just got a lot of heart! Things tend to fall in place from that with a good bit of work and dedication...
Yep....trading is my real calling.....its much more my speed / brainjuice and all
  • #23,250
  • Oct 7, 2011 8:37pm Oct 7, 2011 8:37pm
Quoting kenfen69
Well thats some of the nicer news I heard ths week! Congrats brthr!

This in NY? Include the dead and undead?
No...that is still pending......a goofy McMansion for a dentist....18000 sf... crazy how much cash some have
  • #23,251
  • Oct 7, 2011 8:42pm Oct 7, 2011 8:42pm
Quoting Venice
gimmie a reign check on that, and ill be out in a few years once things actually get a bit stable for me!
Don't make me come get u v-man! Days turn into years...years turn into regrets! Regrets turn into days that could've been. Reciprocating loop.

Gotta go...I just got married. I kid Ikd
  • #23,252
  • Oct 8, 2011 1:11am Oct 8, 2011 1:11am
some candles are lit. red one are targets. of the 3 red lines. the upper one is lit.
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those who can, do. those who cant, talk about those who can
  • #23,253
  • Oct 8, 2011 2:15am Oct 8, 2011 2:15am
Holy fak! If I'm seeing what i'm. thiking.

Print.,study........check and mate! gman!!!!
  • #23,254
  • Oct 8, 2011 2:18am Oct 8, 2011 2:18am
From vegas...al american young band. The killers!

They should do more...kick their ass kickers around.
  • #23,255
  • Oct 8, 2011 2:27am Oct 8, 2011 2:27am
Hola...

From the Vegas...

And a band of American boys that hail from here...

Poor fakkers...no wonder they ran so fast!

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  • #23,256
  • Oct 8, 2011 2:32am Oct 8, 2011 2:32am
Just in case we didn't know where they came from...

Vegas...through and through...

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  • #23,257
  • Oct 8, 2011 2:56am Oct 8, 2011 2:56am
Quoting kenfen69
I like it...looks logical!

I would question how/what some of your lines drawn from the top left...to bottom right are drawn off, though. The most recent one seems...truly logical, but the two back in time have me scratching my tent...I mean head...I mean...

Wondering.

That is a free drawn line but sort off an average of the normal downward trendlines. It doesnt matter as you need a wave within those trendlines to have those 3-4% majority of traders to make that continuation trend...

There is so many times the normal trendlines break and then the price comes back to the original trend. Normally this is where the rookies have been re-positioned in the wrong trend.

Funny that you said the numbers of pips I got this week even though that wasnt done in one trade...

Had 14 trades this week, averaging 47ish every day so not one single trade...

If you do the same on the other weeks you notice how it would save youre ass when price and trend falls into nowhere land before leaving it up to chance for trades... or horrible whipsawing...
  • #23,258
  • Oct 8, 2011 2:58am Oct 8, 2011 2:58am
Quoting gatorinla
some candles are lit. red one are targets. of the 3 red lines. the upper one is lit.
Hi Gator,

very good analysis as always :-)


I can second your targets out of EW sight (see chart below).

Target is the lower yellow channel line. Maybe we get an overshoot reaching for the 161% fib expansion of wave aqua A to the area of 0.82x.

At this point, I think, we get the decision, if the Euro cracks. When we go below, I am forced to get rid of my long term triangle count and build a new one, where the top at 1.6x marked the very top and we are now in a definitive long term down trend. Then my wave aqua A would be a wave 1 down. The entire impulse of this downtrend would primarily lead to first targets around 0.50

Exciting times. My money is in the USD, the sFr and maybe sometimes in the NOK. Any other sugestions for that?
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  • #23,259
  • Oct 8, 2011 3:03am Oct 8, 2011 3:03am
Quoting kenfen69
Hola...

From the Vegas...

And a band of American boys that hail from here...

Poor fakkers...no wonder they ran so fast!

http://www.youtube.com/watch?v=ff0oWESdmH0
love the killers, saw them @ v festival a few years ago...
  • #23,260
  • Edited 3:17am Oct 8, 2011 3:07am | Edited 3:17am
Quoting USD-Bear
He fib,
don't delete your messages, was about to respond on your's mentioning restrictions of TA and gone the message was, you bastard.

Well agree the amount of importance many lye in TA is overstated imo, levels is almost all it's about, question is what levels.
Lately I make use of USDX levels in relation to EU helping me a lot.
Others have voodoo methods like Gator for highly interesting levels.
Others use all kind of FIB-levels like yourself (me too a little)
Others use market close/open/high/low levels
All those horizontal levels seem to add...
sorry ub, thought better of it, thought that a few might take offence and seen these types of discussions turn really nasty on other trading forums b4...

at the end of the day it challenges some deep held core beliefs about the nature of technical analysis...

having a chilled saturday, will prolly post some mid to long term analysis a few hours b4 the open tomorrow, maybe we could get into it then if you're about...

and totally agree, it's all about finding those reaction and inflection levels for me, but price action and order flow light the way, modern day tape reading...
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