The Really Useless Thread | Page 1972 | 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

  • #39,421
  • Dec 9, 2011 8:43am Dec 9, 2011 8:43am
Quoting The Fool
Fire suppression....sprinklers...in the ceiling.....
  • #39,422
  • Dec 9, 2011 8:43am Dec 9, 2011 8:43am
Quoting needpips
I never pined for unwarranted raises....these guys sit around in $1500 la-z-boys all day......yes, they fight fires, but the reality is this. The international Code Council has passed a law that all new single family homes (not in Florida) shall be sprinkled....I doubt half of the fireman in this country got laid off after that was passed.....nope. So, now we have an even greater demand on aging utilities for a code required sprinkled single family home, which will lead to an increase in taxes to pay for this, yet the fireman wont be reduced....
They're not cut because of the unions holding the politicians/government by the balls (money, elections etc).... Exactly the problem.
  • #39,423
  • Dec 9, 2011 8:47am Dec 9, 2011 8:47am
What the heck did it bounce now off of? Ah, m15. May be capped at 65, or go higher..u/j, swissie dropping so...

Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 12 KB
  • #39,424
  • Dec 9, 2011 8:51am Dec 9, 2011 8:51am
Quoting attila
They're not cut because of the unions holding the politicians/government by the balls (money, elections etc).... Exactly the problem.
until unions / 'k' street are outlawed nothing will change....nothing
  • #39,425
  • Dec 9, 2011 8:54am Dec 9, 2011 8:54am
Quoting attila
What the heck did it bounce now off of? Ah, m15. May be capped at 65, or go higher..u/j, swissie dropping so...

Attachment
5m just gave me a close above 3362. Back up we go I guess.
  • #39,426
  • Dec 9, 2011 8:55am Dec 9, 2011 8:55am
Quoting needpips
until unions / 'k' street are outlawed nothing will change....nothing
Private unions are fine because of competition. They can't be unreasonable because otherwise they'll bring the company down and then everybody's out of job. But public ones, where that can't happen, are in effect stealing public money (yours and mine) for themselves and the political thugs. That's the problem... The lack of competition set up in which they operate.
  • #39,427
  • Dec 9, 2011 8:57am Dec 9, 2011 8:57am
Quoting needpips
Fire suppression....sprinklers...in the ceiling.....
http://ircfiresprinkler.org/

wow i did not know that. I recall the proposals being lobbied against by the homebuildes groups but it has been a few years since I have done any residential structural design.

That really complicates the water system you need to have if you are designing a new rural home on a well. Goldmine there for somebody who wants to specialize as residential firee suppression system design sub and/or supplier/installer....
"If The Fool persists in his Folly he will become wise." - William Blake
  • #39,428
  • Dec 9, 2011 8:57am Dec 9, 2011 8:57am
I closed my longs at 3370...made 10+ pips...I believe the structure is an ABC which means we should go back around 3434 and then back down before a much higher move....Ill let it play out....didnt want to ruin a good week on a nutzo Fri.
  • #39,429
  • Dec 9, 2011 8:58am Dec 9, 2011 8:58am
Quoting attila
Private unions are fine because of competition. They can't be unreasonable because otherwise they'll bring the company down and then everybody's out of job. But public ones, where that can't happen, are in effect stealing public money (yours and mine) for themselves and the political thugs. That's the problem... The lack of competition set up in which they operate.
Been following the cooper tire lockout a little bit in Findlay, Ohio. Was actually impressed with the union, but it caused a lockout to the workers.

When everything tanked in 2008, the workers signed a union contract, foregoing any raises for the current contracts length (3 years) while the economy fell on it's face. Now when it came time to renegotiate, cooper wanted to keep the same pay rates, make them pay even more for health insurance. Mean while the Execs are taking millions in paychecks a year.

Point being, I was actually impressed with the union, even if it may cost the workers their jobs (they are on strike now since they are locked out).
  • #39,430
  • Dec 9, 2011 8:59am Dec 9, 2011 8:59am
Quoting AllyB
You got my permission TT ... now let's see how useless you are
Thank you so much - I will attempt to be as useless as possible...

Now BBQ, Captain Morgan Rum, Darts with the wife and 80's music... bliss

I appreciate

Regards
  • #39,431
  • Dec 9, 2011 9:00am Dec 9, 2011 9:00am
Florida lobbied against it and won..(thank god) but many states didnt....the demand is ludicrous...the reason it passed in the first place is that half of all fire related deaths occur in homes....well duh, we spend lots of time there and sleep there. The reality is, most home fires occur in OLDER homes with space heaters as the source....the codes always use a sledge hammer to kill a mosquito

Quoting The Fool
http://ircfiresprinkler.org/

wow i did not know that. I recall the proposals being lobbied against by the homebuildes groups but it has been a few years since I have done any residential structural design.

That really complicates the water system you need to have if you are designing a new rural home on a well. Goldmine there for somebody who wants to specialize as residential firee suppression system design sub and/or supplier/installer....
  • #39,432
  • Dec 9, 2011 9:00am Dec 9, 2011 9:00am
Quoting needpips
I closed my longs at 3370...made 10+ pips...I believe the structure is an ABC which means we should go back around 3434 and then back down before a much higher move....Ill let it play out....didnt want to ruin a good week on a nutzo Fri.
Higher move? Hmm.. h4 to me says down. Unless this last down move already counted as the down move, but H4 is usually good for at least 150-300 pips.

I have been wrong before, and I will be wrong again though.
  • #39,433
  • Dec 9, 2011 9:03am Dec 9, 2011 9:03am
Quoting kill56
lol

welcome to the junk yard

long time hope u well


oh shitt u have to be a bastard to join and a junkie and crackforex head
Thank you - bought a pipe today. Ready...

The "bastard" part i'm still working on... Told the wife i'll be home in 5. Gonna disappear for 5 days and see...maybe i'll qualify.

All the best
  • #39,434
  • Dec 9, 2011 9:06am Dec 9, 2011 9:06am
what happens at 3383?
those who can, do. those who cant, talk about those who can
  • #39,435
  • Dec 9, 2011 9:07am Dec 9, 2011 9:07am
I'm not familiar with the story but if it's a private/public traded company then that's the way it should be and that's their role. Big corporations would screw the workers dry if they could.

Again, as long as it all happens in a competitive environment, it's all good. The company goes down, workers go find jobs with the competitor...

Quoting Venice
Been following the cooper tire lockout a little bit in Findlay, Ohio. Was actually impressed with the union, but it caused a lockout to the workers.

When everything tanked in 2008, the workers signed a union contract, foregoing any raises for the current contracts length (3 years) while the economy fell on it's face. Now when it came time to renegotiate, cooper wanted to keep the same pay rates, make them pay even more for health insurance. Mean while the Execs are taking millions in paychecks a year.

Point being, I was actually impressed...
  • #39,436
  • Edited 9:21am Dec 9, 2011 9:08am | Edited 9:21am
Quoting gatorinla
what happens at 3383?
Apparently nothing. I will try 3416.

Edit: Well, it actually looks like that supply level held. Who woulda thought it.
  • #39,437
  • Dec 9, 2011 9:09am Dec 9, 2011 9:09am
Quoting attila
I'm not familiar with the story but if it's a private/public traded company then that's the way it should be and that's their role. Big corporations would screw the workers dry if they could.
Yep, public company. I follow it a little closer just because my mom is a white collar for cooper (IT), and she gets screwed over pretty heavily by the execs as well. Can't imagine how it is for the blue collars... at least they have the union behind them.

http://stockcharts.com/h-sc/ui?s=CTB
  • #39,438
  • Dec 9, 2011 9:18am Dec 9, 2011 9:18am
Quoting gatorinla
what happens at 3383?
cam's
Attached Image (click to enlarge)
Click to Enlarge Name: 1heur.gif Size: 21 KB
  • #39,439
  • Dec 9, 2011 9:22am Dec 9, 2011 9:22am
m15 pin bar good for maybe 80 pips. TL backtest on h1 too..

Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 14 KB
  • #39,440
  • Dec 9, 2011 9:23am Dec 9, 2011 9:23am
Quoting attila
m15 pin bar good for maybe 80 pips. TL backtest on h1 too..

Attachment
M5 close below 3363, flipping directions again. I need 3367 min to sell from.
159 traders viewing now