The Really Useless Thread | Page 1704 | 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

  • #34,061
  • Nov 16, 2011 4:03pm Nov 16, 2011 4:03pm
Quoting RamsesII
i like this area for a long entry but would take profit around 1.3490
1.3480 enough for me
Don't be a hero. Don't have an ego. Always question yourself
  • #34,062
  • Nov 16, 2011 4:06pm Nov 16, 2011 4:06pm
Quoting gatorinla
well that will be good for my long.
closed for 1 green
those who can, do. those who cant, talk about those who can
  • #34,063
  • Nov 16, 2011 4:21pm Nov 16, 2011 4:21pm
Quoting USD-Bear
scalping long 1.3458 tight stop
closed -8
Don't be a hero. Don't have an ego. Always question yourself
  • #34,064
  • Nov 16, 2011 5:00pm Nov 16, 2011 5:00pm
Quoting Venice
TORONTO (Dow Jones)--Oanda, one of the largest online currency trading platforms for retail investors, has some unusual advice for its customers: stay out of the market.

"We are encouraging our clients not to trade right now, but to watch the market carefully," said Michael Stumm, president and chief executive at Oanda, in an interview.

Oanda this week sent an email to its clients, advocating that they move to the sidelines and watch the markets tussle over each new headline out of Europe.

Oanda had over 29,000 U.S....

Its funny,

Same as telling people before they buy alcohol that its dangerous... Wouldn't get much reaction I reckon...

However, I dont look at these times as bad r:r or crappy times, in fact the more volatile the easier my job is...

From a non-trader prospective I reckon it looks very good though, as in; I would love to start trading with oanda cause they seem so honest good...
  • #34,065
  • Nov 16, 2011 5:05pm Nov 16, 2011 5:05pm
@fxjawn

I thought about your spastic rants yesterday and I think you would benefit greatly from pending orders, to build up some patience...

Just a simple dynamic back-test on last 6 whatever formation you would like to trade and go from there...

It will give you less screening time and less hassle...

only my 2 cents, take it as you want
  • #34,066
  • Nov 16, 2011 5:22pm Nov 16, 2011 5:22pm
good night everyone,

apart from the minor closing failures which I am accustomed too after a few successes it was a very beautiful day for me.
See you all tomorrow
Don't be a hero. Don't have an ego. Always question yourself
  • #34,067
  • Nov 16, 2011 5:27pm Nov 16, 2011 5:27pm
Quoting USD-Bear
good night everyone,

apart from the minor closing failures which I am accustomed too after a few successes it was a very beautiful day for me.
See you all tomorrow

good to hear bear

talk later
  • #34,068
  • Nov 16, 2011 5:28pm Nov 16, 2011 5:28pm
how many moodys and fitchs we need for the eur to cross the border
  • #34,069
  • Nov 16, 2011 5:30pm Nov 16, 2011 5:30pm
Quoting USD-Bear
good night everyone,

apart from the minor closing failures which I am accustomed too after a few successes it was a very beautiful day for me.
See you all tomorrow
enjoy green one
  • #34,070
  • Nov 16, 2011 6:01pm Nov 16, 2011 6:01pm
Fuck!

dropped my blackberry in the toilet, not a good start
  • #34,071
  • Edited 6:18pm Nov 16, 2011 6:01pm | Edited 6:18pm
Got stopped earlier on the swing trade @1.3459 break-even.

As we say in french, making and unmaking is always working

Good night all.



P.S: to watch for tomorrow the very important 1.3456 and 1.3503 levels.
Getting it right is NOT as important as not getting it wrong.
  • #34,072
  • Nov 16, 2011 6:02pm Nov 16, 2011 6:02pm
Quoting gatorinla
typo its bullish up to 3453.. touching here is probably bearish... even if it touches is will probably bounce... but the bounce should not get higher then the current high. so look for weakness in the bounce. if it does bounce. its still bullish till 53 is touched. so a long near 55 is also a possibility.. 3354 would be the bear st target
target 3368 with mid at 3414.. a little higher then in the original post.
those who can, do. those who cant, talk about those who can
  • #34,073
  • Nov 16, 2011 6:04pm Nov 16, 2011 6:04pm
Quoting Larseg
Fuck!

dropped my blackberry in the toilet, not a good start

let me guess....top shirt pocket...been there....done that
  • #34,074
  • Nov 16, 2011 6:04pm Nov 16, 2011 6:04pm
Quoting KiwiTrada
AU EU Kiwi all gaps closed nice start to week

Kiwi Trades gap origin 7860
fill 7903 closed 7865 38+
fill 7910 closed 7870 40+
fill 7915 running sl BE leaving until deep or stopped
fill 7903 running sl BE leaving until deep or stopped

Trade safe kiwi
Fill 7915 closed 7625 close enought to mofu 1st target 7610 290+

Kiwi
If you are new to Forex? Say Goodbye to your account!!
  • #34,075
  • Nov 16, 2011 6:05pm Nov 16, 2011 6:05pm
Quoting fxswing
Got stopped earlier on the swing trade @1.3459 break-even.

As we say in french, make and unmake is always working

Good night all.



P.S: to watch for tomorrow the very important 1.3456 and 1.3503 levels.

I had my hopes on you when you said 2-3 days

what happen? BE out or?

as ford said, whether you think you are wrong or right, youre right
  • #34,076
  • Nov 16, 2011 6:06pm Nov 16, 2011 6:06pm
Quoting needpips
let me guess....top shirt pocket...been there....done that
Hehe,

No I saved the coffee cup...


Worst is that it was after number 2
  • #34,077
  • Nov 16, 2011 6:15pm Nov 16, 2011 6:15pm
Quoting Larseg
I had my hopes on you when you said 2-3 days

what happen? BE out or?

as ford said, whether you think you are wrong or right, youre right
Yep was out at B/E and didn't expected to be stopped, but market is always full of little surprises for us...

The trade premise was a close at 00:00 GMT above 1.3495, that failed, trade idea is invalidated.

Now if the 1.3456 or 1.3495 levels acts as resistance we could see the euro dive to re-test the October low at 1.3145...
Getting it right is NOT as important as not getting it wrong.
  • #34,078
  • Nov 16, 2011 6:19pm Nov 16, 2011 6:19pm
Quoting fxswing
Yep was out at B/E and didn't expected to be stopped, but market is always full of little surprises for us...

The trade premise was a close at 00:00 GMT above 1.3495, that failed, trade idea is invalidated.

Now if the 1.3456 or 1.3495 levels acts as resistance we could see the euro dive to re-test the October low at 1.3145...

I like you already,

you seem so optimistic
  • #34,079
  • Nov 16, 2011 6:20pm Nov 16, 2011 6:20pm
Quoting gatorinla
to break we may need a small hump.
we have a db in the smaller tf.. and now have gone back to the last b/o area. back to the new bottom will form a new smaller hump. a formation common before a big move b/o. sometimes it makes 2 humps. worth paying attention to.
those who can, do. those who cant, talk about those who can
  • #34,080
  • Nov 16, 2011 6:31pm Nov 16, 2011 6:31pm
Quoting gatorinla
we have a db in the smaller tf.. and now have gone back to the last b/o area. back to the new bottom will form a new smaller hump. a formation common before a big move b/o. sometimes it makes 2 humps. worth paying attention to.
weakshit ranging 25p either side of .3450 until the ecb turns on the hose
"If The Fool persists in his Folly he will become wise." - William Blake
96 traders viewing now