The Really Useless Thread | Page 1795 | 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

  • #35,881
  • Nov 24, 2011 8:51am Nov 24, 2011 8:51am
just bought my London tickets. ... I can fly for less than a train
  • #35,882
  • Nov 24, 2011 8:52am Nov 24, 2011 8:52am
Quoting gatorinla
no surprise if we bounce at 3297 80+ pips toward 3400,,
a LL is still needed or back to 3420

lets seeif london close will do it no big balls around
  • #35,883
  • Nov 24, 2011 8:53am Nov 24, 2011 8:53am
Quoting KiwiTrada
Yes was nearly asleep all hell break lose here

I did post entry levels, and like I say, yesterday trade geppy, today cable and kiwi, tonight EU and US oil, we calcuated they were the movers, been hard work, was pretty boring but we pretty happy now is wide awake, waiting oil do her bit, will cap day nicely, might have tomorrow off
Charts
Geppy you can see wicky crap at corner triangle, but I reload 1st retest 50sma
Kiwi
7557 was upper level of target zone, played nice, no retest ltl for another entry
Cable
Caught first brick, reload tonight...

nice work heck we need a break
  • #35,884
  • Nov 24, 2011 8:55am Nov 24, 2011 8:55am
Quoting PayTheLimit
nice bro, that 3315 is that magic monthly number, as well as the monthly mid from January this year, but dont think its a good time to be working with the magic set, little late in the day, and month..., plus I got a few nice plays off of them already...
Like that chart a lot. Got +/- the same level (1.351x on top line but the same). A failure to reject back up that last swing low in daily will open the other levels down. Only monthly levels in play from Monday till the monthly roll so we'll see.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #35,885
  • Nov 24, 2011 8:59am Nov 24, 2011 8:59am
Quoting sisse
Like that chart a lot. Got +/- the same level (1.351x on top line but the same). A failure to reject back up that last swing low in daily will open the other levels down. Only monthly levels in play from Monday till the monthly roll so we'll see.

sisse
thanks, pitty we are near the lows, or I would have started using this months range, but i'll wait, here is the monthly swing mid chart, with a few extras...what do you make this one?
Attached Image (click to enlarge)
Click to Enlarge Name: chart1.gif Size: 25 KB
Look Sharp/Trade Tight
  • #35,886
  • Nov 24, 2011 9:04am Nov 24, 2011 9:04am
Quoting sisse
Agree gator. Tempting very tempting but only very few players around and only FF traders will remain in the markets when London closes.

sisse
well 3297 is in the cards now. but i will be careful because we can bounce any time now, but probably after 3297 till 3268.. once below 3267 this gravity to 3429 should end. this bounce could take us to 3429 min.
we do have a LL by 1 pip now. that does target 3297. but im still cautious.. hey the trend is down. but its never a straight line.
those who can, do. those who cant, talk about those who can
  • #35,887
  • Nov 24, 2011 9:10am Nov 24, 2011 9:10am
Quoting PayTheLimit
thanks, pitty we are near the lows, or I would have started using this months range, but i'll wait, here is the monthly swing mid chart, with a few extras...what do you make this one?
Agree to some extend.

Definitively 1.33x S is v strong (and the one in play right now) and is also quarterly. 1.369x dotted line I don't even have it (inside bar noise).

Agree with 1.264x line but is also inside bar support and outside of the current range. The real deal is on the last breakout point in that chart in the Support you didn't mark at 1.297x (which is key yearly too). It hold the prev test with a very powerful bounce and I also have marked as FA support.

The other lines are outside of the current range so that for later.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #35,888
  • Nov 24, 2011 9:14am Nov 24, 2011 9:14am
Quoting sisse
Agree to some extend.

Definitively 1.33x S is v strong (and the one in play right now) and is also quarterly. 1.369x dotted line I don't even have it (inside bar noise).

Agree with 1.264x line but is also inside bar support and outside of the current range. The real deal is on the last breakout point in that chart in the Support you didn't mark at 1.297x (which is key yearly). Hold with a very powerful bounce and also have marked as FA support.

The other lines are outside of the current range so that for later.

sisse
well yes these are rather untraditional levels.., thanks for the input...say earlier today, I saw you mention 1.390x...very sly you bastsrd, thats this years mid, 3906, thus far......
Look Sharp/Trade Tight
  • #35,889
  • Nov 24, 2011 9:20am Nov 24, 2011 9:20am
Quoting PayTheLimit
well yes these are rather untraditional levels.., thanks for the input...say earlier today, I saw you mention 1.390x...very sly you bastsrd, thats this years mid, 3906, thus far......
...lol...Need FA for that move but it seems like a very logical TA level for a retrace between DEC to Feb 2012 before the continuation move down in the quarterly.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #35,890
  • Nov 24, 2011 9:26am Nov 24, 2011 9:26am
Quoting sisse
...lol...Need FA for that move but it seems like a very logical TA level for a retrace between DEC to Feb 2012 before the continuation move down in the quarterly.

sisse
lol, nice, I'll keep it under my hat, say I'm on my iphone, whats the low...
Look Sharp/Trade Tight
  • #35,891
  • Nov 24, 2011 9:41am Nov 24, 2011 9:41am
Quoting kill56
nice work heck we need a break
hey from what i can see. at the turn from red to yellow on a 5 m .. you long and vice verse.... it seems ok so far. i don't know the real rules. i suck at opening files. here
Attached File(s)
File Type: pdf freescalpingindicator.pdf   115 KB | 3,214 downloads
those who can, do. those who cant, talk about those who can
  • #35,892
  • Nov 24, 2011 9:49am Nov 24, 2011 9:49am
Quoting PayTheLimit
flatski...
Nice...I took that feckin ugly yellow bitch of a line of the charts , it worked
" Never let the past hold the future to ransom "
  • #35,893
  • Nov 24, 2011 10:01am Nov 24, 2011 10:01am
Quoting Gleneagles
Nice...I took that feckin ugly yellow bitch of a line of the charts , it worked
thanks, I owe you one...
Look Sharp/Trade Tight
  • #35,894
  • Nov 24, 2011 10:08am Nov 24, 2011 10:08am
together with this one (for trend).

looks like this. last signal would have been great if it wasn't for the 5 pip sl that would have been it to the fukin tenth of pip! anyway great risk reward.

hapipin


Quoting gatorinla
hey from what i can see. at the turn from red to yellow on a 5 m .. you long and vice verse.... it seems ok so far. i don't know the real rules. i suck at opening files. here
Attached Image (click to enlarge)
Click to Enlarge Name: forex.jpg Size: 129 KB
Attached File(s)
File Type: mq4 !Kevinator v2.mq4   15 KB | 283 downloads
dreams do come true.
  • #35,895
  • Nov 24, 2011 10:13am Nov 24, 2011 10:13am
Quoting wannaberich
together with this one (for trend).

looks like this. last signal would have been great if it wasn't for the 5 pip sl that would have been it to the fukin tenth of pip! anyway great risk reward.

hapipin
if you have a known s/r. it probably best there. it seems ok anywhere thus far. for 5 +
those who can, do. those who cant, talk about those who can
  • #35,896
  • Nov 24, 2011 10:16am Nov 24, 2011 10:16am
Quoting gatorinla
no i slept. missed it.. but in the 326X (or any time now it should be after 3297+ if its going to happen) area we still may bounce to 3429
ive sell limit at 3383 with 3270 tp.30 pips sl
Gold Expedition Return This Year: -16.4%
  • #35,897
  • Nov 24, 2011 10:17am Nov 24, 2011 10:17am
it's gonna be only us in the market in less than a hour. so where do we want to take it, guys?

dreams do come true.
  • #35,898
  • Nov 24, 2011 10:33am Nov 24, 2011 10:33am
i should have stuck to the gbp. i closed the better 2 too early. still have this running. i better move my stops.
Attached Image
those who can, do. those who cant, talk about those who can
  • #35,899
  • Nov 24, 2011 11:01am Nov 24, 2011 11:01am
Quoting PayTheLimit
I have two areas of support here..3335/45, a weekly and daily combo, and below that I have 3315/21, which is a monthly/weekly combo, so I would have to guess that those two area's hold today on hourly closes.......
first area saw a few hourly closes under, second zone held pretty steadfast, what interests me is the last two bar combination, what I call an about face, anyway, thin, holday market, so need to take everything with a grain of salt......bbl, gl, PTL...
Attached Image (click to enlarge)
Click to Enlarge Name: chart1.gif Size: 24 KB
Look Sharp/Trade Tight
  • #35,900
  • Nov 24, 2011 11:20am Nov 24, 2011 11:20am
back its camel time

G i will test
Attached Image (click to enlarge)
Click to Enlarge Name: 5meur.gif Size: 22 KB
153 traders viewing now