The Really Useless Thread | Page 1296 | 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

  • #25,901
  • Oct 17, 2011 3:27am Oct 17, 2011 3:27am
Quoting PayTheLimit
indeed, brother, would like to see this hour fail to close above last weeks high for starters...
me too brother. news out in 3 min.
  • #25,902
  • Oct 17, 2011 3:31am Oct 17, 2011 3:31am
Quoting sisse
Morning bro... Active opening. Euro keep flying high without retrace. Dax (FexX) gave a nice entry from the late Friday BO on stocks. However, DAX just arrived to key daily/weekly R (6090) I seriously doubt we can take that level without a retrace TA or a new FA so watch-out for intraday top in the euro 1.392x on exhaustion in correlated markets which coincide with that 1.390x you are mentioning...

sisse
indeed, we are near some interesting levels, for sure...that big thrust up by the first hour from London, through 3871 however makes it difficult to be short right now...would like to see us back under there, with a heavy bar, inorder to play for a decent pullback...
Look Sharp/Trade Tight
  • #25,903
  • Oct 17, 2011 3:34am Oct 17, 2011 3:34am
this is what i wanted to see.. price broke back down through the asia high finally

i cant upload my chart for some reason.. this happens all the time...

anyways thats what im looking at its a lil diff on AU compared to EU but im looking for EU to follow suit here 1st target 3840...

my stop is BE in case im wrong
  • #25,904
  • Oct 17, 2011 3:37am Oct 17, 2011 3:37am
e/u has not put together 2 red 4h candles bigger than 50 pips each since Oct 3. total usd beatdown.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #25,905
  • Oct 17, 2011 3:42am Oct 17, 2011 3:42am
Quoting The Fool
e/u has not put together 2 red 4h candles bigger than 50 pips each since Oct 3. total usd beatdown.
Sure last weekly candle was a very powerful one, It cleaned more than 90% of the breakdown leg down . A +750 tick rally in a few days is definitively not something to ignore.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #25,906
  • Oct 17, 2011 3:46am Oct 17, 2011 3:46am
Quoting The Fool
e/u has not put together 2 red 4h candles bigger than 50 pips each since Oct 3. total usd beatdown.

you just can never say what the bastards are up to..or how long the stretch is..
Attached Image (click to enlarge)
Click to Enlarge Name: chart3.gif Size: 15 KB
Look Sharp/Trade Tight
  • #25,907
  • Oct 17, 2011 3:49am Oct 17, 2011 3:49am
Quoting PayTheLimit
you just can never say what the bastards are up to..or how long the stretch is..
True but at least that leg in your chart was a very clear FA on the aftermath of Lehman. Now is blur and more about outguessing free money and EZ politicians and sell? who knows what they will deliver after.....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #25,908
  • Oct 17, 2011 3:52am Oct 17, 2011 3:52am
i have stopped tryin to fade the btch. But I bet we start to see some jitters this week as them haircut banks start to squirm.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #25,909
  • Oct 17, 2011 3:56am Oct 17, 2011 3:56am
Quoting sisse
True but at least that leg in your chart was a very clear FA on the aftermath of Lehman. Now is blur and more about outguessing free money and EZ politicians and sell? who knows what they will deliver after.....

sisse
I agree bro..its all a blur..
Look Sharp/Trade Tight
  • #25,910
  • Oct 17, 2011 4:01am Oct 17, 2011 4:01am
wicky doji spinning top dragon fly dead man walking bar there...
Look Sharp/Trade Tight
  • #25,911
  • Oct 17, 2011 4:03am Oct 17, 2011 4:03am
morning..

bastards at full force I see
  • #25,912
  • Oct 17, 2011 4:09am Oct 17, 2011 4:09am
i gave in and flipped ... this is what i get for not watching asia.... pretty simple when u look at it
  • #25,913
  • Oct 17, 2011 4:10am Oct 17, 2011 4:10am
Quoting fxjawn
i gave in and flipped ... this is what i get for not watching asia.... pretty simple when u look at it

your on the 15min, right?
Look Sharp/Trade Tight
  • #25,914
  • Oct 17, 2011 4:12am Oct 17, 2011 4:12am
Quoting PayTheLimit
your on the 15min, right?
yea u seeing the same?
  • #25,915
  • Oct 17, 2011 4:15am Oct 17, 2011 4:15am
Quoting fxjawn
yea u seeing the same?
I was looking at the hourly, just wanted to confirm your TF bro, where was the clue on the 15min?
Look Sharp/Trade Tight
  • #25,916
  • Oct 17, 2011 4:20am Oct 17, 2011 4:20am
Quoting PayTheLimit
I was looking at the hourly, just wanted to confirm your TF bro, where was the clue on the 15min?
i was talking about the selloff earlier today then it formed a bottom and went on up... shit now im lost man seems like a mind fuck here
  • #25,917
  • Oct 17, 2011 4:30am Oct 17, 2011 4:30am
Quoting fxjawn
i was talking about the selloff earlier today then it formed a bottom and went on up... shit now im lost man seems like a mind fuck here
I just cant read them 15min charts anymore brother...not that I can read the hourlies, but it boils down to this...less bars on the 1hr, and more time to figure what they hell is going on, or at least more time to convince myself that I think I know whats going on..

but this two bar combo on the 15min in the AUD looks heavy...its an about face combo, off a new swing high...
Attached Image (click to enlarge)
Click to Enlarge Name: chart3.gif Size: 14 KB
Look Sharp/Trade Tight
  • #25,918
  • Oct 17, 2011 4:34am Oct 17, 2011 4:34am
Quoting PayTheLimit
I just cant read them 15min charts anymore brother...not that I can read the hourlies, but it boils down to this...less bars on the 1hr, and more time to figure what they hell is going on, or at least more time to convince myself that I think I know whats going on..

but this two bar combo on the 15min in the AUD looks heavy...its an about face combo, off a new swing high...
a big mofu party...
  • #25,919
  • Oct 17, 2011 4:35am Oct 17, 2011 4:35am
Quoting PayTheLimit
I just cant read them 15min charts anymore brother...not that I can read the hourlies, but it boils down to this...less bars on the 1hr, and more time to figure what they hell is going on, or at least more time to convince myself that I think I know whats going on..

but this two bar combo on the 15min in the AUD looks heavy...its an about face combo, off a new swing high...
yea i got scared out with that damn over excessive spike up...about to throw everything against the wall and call it a life

if it sells off from here ill b pissed bc i was right but early yet again..
  • #25,920
  • Oct 17, 2011 4:35am Oct 17, 2011 4:35am
Quoting darimik
a big mofu party...

lol....
Look Sharp/Trade Tight
130 traders viewing now