The Really Useless Thread | Page 1988 | 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

  • #39,741
  • Dec 13, 2011 2:52am Dec 13, 2011 2:52am
Quoting kenfen69
Define short term...and leverage used?

Could've been out +20 by now heading to the peeler bar with Jon...tools down for the day!

15min/1hr/4hr

risking 1% on intial positions.. legging in on pullbacks for a larger breakout...

was shooting for 3219 to lock in then 3280 to TP the whole shebang.... but the EU looks heavy as hell... barely any retrace at all from the big down move yesterday.... what a turd...

well knocked out at BE.... dumb thing....

back to the drawing board
  • #39,742
  • Dec 13, 2011 2:55am Dec 13, 2011 2:55am
Quoting kenfen69
Fingers crossed! Was looking like you may have gotten a little runner there..at least DPP.
stopped already, keeps attacking bottom, ah well see were we can pick her up next year
Don't be a hero. Don't have an ego. Always question yourself
  • #39,743
  • Dec 13, 2011 3:00am Dec 13, 2011 3:00am
Quoting Wulfgar
15min/1hr/4hr

risking 1% on intial positions.. legging in on pullbacks for a larger breakout...

was shooting for 3219 to lock in then 3280 to TP the whole shebang.... but the EU looks heavy as hell... barely any retrace at all from the big down move yesterday.... what a turd...
Definitely a bit of a Le(a)d Zeppelin!

Well...heading north on the TFs you mention, I'd be stressing over what to do, too. I rarely long EU on those TFs...shorts only, there and above. Watching M1 (M2 really) for entries and M5 & M15...I'll long, but really only looking for 10-15pips. If it happens quick...nice demand zone, pivot bounce etc...I'll close partials and let the rest run. If I get as much as you were looking for, fantastic! But mostly what I'm looking for is the next opportunity to jump back in short and try to ride this POS into the ground!
  • #39,744
  • Dec 13, 2011 3:03am Dec 13, 2011 3:03am
Quoting kenfen69
Definitely a bit of a Le(a)d Zeppelin!

Well...heading north on the TFs you mention, I'd be stressing over what to do, too. I rarely long EU on those TFs...shorts only, there and above. Watching M1 (M2 really) for entries and M5 & M15...I'll long, but really only looking for 10-15pips. If it happens quick...nice demand zone, pivot bounce etc...I'll close partials and let the rest run. If I get as much as you were looking for, fantastic! But mostly what I'm looking for is the next opportunity to jump back in short and try to ride this POS into...
ya good pt brother

thats why im just demoing...lol

i typically only trade dailys and up.. heavy fundie analysis
  • #39,745
  • Dec 13, 2011 3:03am Dec 13, 2011 3:03am
Quoting USD-Bear
stopped already, keeps attacking bottom, ah well see were we can pick her up next year
It seems pretty non-committal right now. Only real commitment seems to be to give the impression of a nice move, then go back and take people's stops...bastards!

Closing the books soon, Bear?
  • #39,746
  • Dec 13, 2011 3:06am Dec 13, 2011 3:06am
Im keeping a close eye on what Ben says at the FOMC ... he could bail out some of the Euro longs who are underwater tmmrw if he decides to set any groundwork or hint at more easing..
  • #39,747
  • Dec 13, 2011 3:07am Dec 13, 2011 3:07am
Quoting Wulfgar
ya good pt brother

thats why im just demoing...lol

i typically only trade dailys and up.. heavy fundie analysis
Seems you'd be very good at that, Mr Wulf.

Do you still run a fund? PM me some deets if you do.
  • #39,748
  • Dec 13, 2011 3:08am Dec 13, 2011 3:08am

morning
  • #39,749
  • Dec 13, 2011 3:08am Dec 13, 2011 3:08am
Quoting kenfen69
It seems pretty non-committal right now. Only real commitment seems to be to give the impression of a nice move, then go back and take people's stops...bastards!

Closing the books soon, Bear?
yes indeed, hard to trade, no damage occurred but it looked very promising.
Closing the books now (2nd time ), see you next year Ken, good luck!
Don't be a hero. Don't have an ego. Always question yourself
  • #39,750
  • Dec 13, 2011 3:09am Dec 13, 2011 3:09am
Quoting Wulfgar
Im keeping a close eye on what Ben says at the FOMC ... he could bail out some of the Euro longs who are underwater tmmrw if he decides to set any groundwork or hint at more easing..
That's a biggie for sure. He could launch us right through the 32's if he says the right/wrong thing...perfectly intentioned, of course.
  • #39,751
  • Dec 13, 2011 3:09am Dec 13, 2011 3:09am
Quoting kenfen69
Seems you'd be very good at that, Mr Wulf.

Do you still run a fund? PM me some deets if you do.
naw not anymore brother...

that was something jon and i id when we were trading options and what not...

just in it for myself now bro... in the FX
  • #39,752
  • Dec 13, 2011 3:10am Dec 13, 2011 3:10am
slippery bastard :/
my tp just moved lower to 3075, so im taking partial off here
rest remains the same
Quoting hkkhanus
Morning All,
Same chart same lines
lower positions closed already i ll let the top one runnign either to the SL (just above the upper green TL) or let it hit the TP at 3125
Hope you all well,
Goodluck all,
hk
  • #39,753
  • Dec 13, 2011 3:11am Dec 13, 2011 3:11am
Quoting USD-Bear
yes indeed, hard to trade, no damage occurred but it looked very promising.
Closing the books now (2nd time ), see you next year Ken, good luck!
More awaits next year, Bear!

Happy holidays to you...enjoy the break!

All the very best, mate.
  • #39,754
  • Dec 13, 2011 3:13am Dec 13, 2011 3:13am
Quoting kenfen69
That's a biggie for sure. He could launch us right through the 32's if he says the right/wrong thing...perfectly intentioned, of course.

ya major mover on low volume... i expect he will just talk about how Op twist is going fine... leave low rates till 2013... yadda yadda

but he could suprise us all... he def does want to do more QE to keep the shadow banking system solvent for awhile longer....
  • #39,755
  • Dec 13, 2011 3:13am Dec 13, 2011 3:13am
Quoting hkkhanus

morning


WTF?

There's a bastard I haven't seen in a long, long time! Keeping well, mofo?
  • #39,756
  • Dec 13, 2011 3:14am Dec 13, 2011 3:14am
continuation in making on H4? hmmm NNaaaaice!!!!
Quoting hkkhanus
slippery bastard :/
my tp just moved lower to 3075, so im taking partial off here
rest remains the same
  • #39,757
  • Dec 13, 2011 3:15am Dec 13, 2011 3:15am
Quoting Wulfgar
naw not anymore brother...

that was something jon and i id when we were trading options and what not...

just in it for myself now bro... in the FX
Damn!

Was looking to make some lazy money! Sick of doing my long term stuff...but don't want to give it to a bank either...giant squid bastards!
  • #39,758
  • Dec 13, 2011 3:16am Dec 13, 2011 3:16am
Quoting hkkhanus
slippery bastard :/
my tp just moved lower to 3075, so im taking partial off here
rest remains the same
Well played, brother! You still got it, I see!
  • #39,759
  • Dec 13, 2011 3:17am Dec 13, 2011 3:17am
ohhhh yesshhh Kenny, all good here bro, just trying to keep up with the studies and office at the same time m8,,, well trying lol
you good? howz things your end?

Quoting kenfen69


WTF?

There's a bastard I haven't seen in a long, long time! Keeping well, mofo?
  • #39,760
  • Dec 13, 2011 3:18am Dec 13, 2011 3:18am
Heading south...or an M5 W in the making?

Place your bets!
16 traders viewing now