The Really Useless Thread | Page 2419 | 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

  • #48,361
  • Jan 18, 2012 9:53am Jan 18, 2012 9:53am
Quoting gatorinla
1296.75
i have the s/p gaining 1381.5 atm just below the mid at 1305.38.
it made it to 1302 yesterday and made a doji. its threatening atm at 1296.75.. but at a mid with a doji the day before it may take a few tries.
in the mofu.. they are tough. the target is not symmetrical or perfect. when they are, they are very likely. its not perfect, but i believe its valid. bounces off mofu is normal.
Attached Image (click to enlarge)
Click to Enlarge Name: sp.PNG Size: 37 KB
those who can, do. those who cant, talk about those who can
  • #48,362
  • Jan 18, 2012 9:56am Jan 18, 2012 9:56am
Quoting attila
Looks like.... If you look at London, they tested 2730 and it was rejected on that m30 pin bar. Then it went up and tested 2850. What I make of it, the market is undecided if it wants to break out of this half month range. 2730 is the the middle it rotates around... Watch for strong buys/sells around that area...
ranges do seem to go up everyday. let's see at the day close.

should be in full gear in london session today.
  • #48,363
  • Jan 18, 2012 9:57am Jan 18, 2012 9:57am
Quoting attila
Mentioned yesterday 2730 is the shit. 2850 is the upper limit.
if we get to your 2730.. w/o any major news against, i bet both nutz we get to 2711 min.. before a HH... 2775 should be enough.

at 2710 we could db and go north 2x this south move.. the current H + 134.. aprox 2844+ 134= 2968. with the year close at 2962
those who can, do. those who cant, talk about those who can
  • #48,364
  • Jan 18, 2012 10:00am Jan 18, 2012 10:00am
Quoting pkimnyc
ranges do seem to go up everyday. let's see at the day close.

should be in full gear in london session today.
Not if you look all the way back to 1/4 where we entered it..
  • #48,365
  • Jan 18, 2012 10:02am Jan 18, 2012 10:02am
Quoting attila
Looks like.... If you look at London, they tested 2730 and it was rejected on that m30 pin bar. Then it went up and tested 2850. What I make of it, the market is undecided . 2730 is the the middle it rotates around... Watch for strong buys/sells around that area...

If it's being rejected at the high, the only option is go lower and see what happens there...
i see your point about 2730.
  • #48,366
  • Jan 18, 2012 10:02am Jan 18, 2012 10:02am
Quoting gatorinla
if we get to your 2730.. w/o any major news against, i bet both nutz we get to 2711 min.. before a HH... 2775 should be enough
Anything is possible... Above 50 the break out should be monumental. I just don't see the conviction just yet..
  • #48,367
  • Jan 18, 2012 10:05am Jan 18, 2012 10:05am
Quoting attila
Not if you look all the way back to 1/4 where we entered it..
first price cluster zone has already been taken out. (daily)
  • #48,368
  • Jan 18, 2012 10:09am Jan 18, 2012 10:09am
Quoting pkimnyc
first price cluster zone has already been taken out. (daily)
With all these news going I find it hard to rely on any s/r, s/d areas except the range I mentioned and 30...
  • #48,369
  • Jan 18, 2012 10:11am Jan 18, 2012 10:11am
Quoting attila
With all these news going I find it hard to rely on any s/r, s/d areas except the range I mentioned and 30...
they seem to work fine on my end.
  • #48,370
  • Jan 18, 2012 10:12am Jan 18, 2012 10:12am
Wedging against 12845

Breakout will happen when you are asleep , on the toilet or on the phone
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_01 Jan. 18 18.08.jpg Size: 65 KB
" Never let the past hold the future to ransom "
  • #48,371
  • Jan 18, 2012 10:17am Jan 18, 2012 10:17am
Quoting Gleneagles
Wedging against 12845

Breakout will happen when you are asleep , on the toilet or on the phone

lol
  • #48,372
  • Jan 18, 2012 10:17am Jan 18, 2012 10:17am
Quoting pkimnyc
they seem to work fine on my end.
bastard...
  • #48,373
  • Jan 18, 2012 10:17am Jan 18, 2012 10:17am
Here's another point.. there is some unfinished business at 2680. That could weigh on the break out higher. It's far fetched, but it's there...

swissie has one too at 9533..
  • #48,374
  • Jan 18, 2012 10:21am Jan 18, 2012 10:21am
3000 is next
  • #48,375
  • Jan 18, 2012 10:21am Jan 18, 2012 10:21am
2500 is next
  • #48,376
  • Jan 18, 2012 10:22am Jan 18, 2012 10:22am
Quoting gatorinla
s here has good r/r... at a hh... the r/r is with the bulls.. for 2911.. but i would wait for a pullback.. after the hh for a long. until a hh bears have it.

sorry bro on the phone now have to step out

its fishy when u look at the dow with new hifhs and none of the other gos up

i did catch cable and still short on fiber and i will sell the rallies till we break the high which i doubt it will do it might be wrong but risk is too smal the day have been good to me
  • #48,377
  • Jan 18, 2012 10:22am Jan 18, 2012 10:22am
confident with my predictions. I am sure I will be able to increase my e-penis by quoting the right one soon.
  • #48,378
  • Jan 18, 2012 10:25am Jan 18, 2012 10:25am
I am still long SP. and will be long SP. Loading up on SP.
  • #48,379
  • Jan 18, 2012 10:25am Jan 18, 2012 10:25am
Quoting gatorinla
if we get to your 2730.. w/o any major news against, i bet both nutz we get to 2711 min.. before a HH... 2775 should be enough.

at 2710 we could db and go north 2x this south move.. the current H + 134.. aprox 2844+ 134= 2968. with the year close at 2962

dam both of them , one is cool i think we will see it
  • #48,380
  • Jan 18, 2012 10:28am Jan 18, 2012 10:28am
we should go to 2793 st.. close to test 2775.... i had this before e/close. e/c lose can fu things.
those who can, do. those who cant, talk about those who can
86 traders viewing now