The Really Useless Thread | Page 2586 | 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

  • #51,701
  • Jan 30, 2012 6:29am Jan 30, 2012 6:29am
Quoting Faller

I only wanted to come here and contribute.

A good trading day to everyone.

Faller.
No one is stopping you btw. You have followed this thread for a while, I think you know how it works in here.
Look Sharp/Trade Tight
  • #51,702
  • Jan 30, 2012 6:33am Jan 30, 2012 6:33am
Quoting USD-Bear
I love my broker , trying a short @ 1.3126

Attachment
moved stop to BE
Don't be a hero. Don't have an ego. Always question yourself
  • #51,703
  • Jan 30, 2012 6:35am Jan 30, 2012 6:35am
Quoting attila
Was looking at that earlier. That's why I'm a little right now..
this rejection is coming off 3202, last months mid, but its late in the month, so I'm waiting for some new numbers, btw if this high holds, this months mid is running around 2928..
Look Sharp/Trade Tight
  • #51,704
  • Jan 30, 2012 6:39am Jan 30, 2012 6:39am
and what the hell is this damn EUR/CHF going to do in the end?

2026 is the hourly close of that massive up bar back from Sept..
Look Sharp/Trade Tight
  • #51,705
  • Jan 30, 2012 6:39am Jan 30, 2012 6:39am
Quoting PayTheLimit
this rejection is coming off 3202, last months mid, but its late in the month, so I'm waiting for some new numbers, btw if this high holds, this months mid is running around 2928..
3030 and then 2974 is what I have, if the floor gives here. 3090 is another one just below..
  • #51,706
  • Jan 30, 2012 6:47am Jan 30, 2012 6:47am
Quoting PayTheLimit
No one is stopping you btw. You have followed this thread for a while, I think you know how it works in here.





Yes thanks.
I don't trust any move - when you have profit...take it.
  • #51,707
  • Jan 30, 2012 6:51am Jan 30, 2012 6:51am
obviously some demand here last 3 h underwicks / question is - will it get exhausted before momentum picks up?
Attached Image (click to enlarge)
Click to Enlarge Name: dem.jpg Size: 91 KB
  • #51,708
  • Jan 30, 2012 6:54am Jan 30, 2012 6:54am
some decent bounce up now?

still in my short. red some.
Quoting wannaberich
left a short running from 3230 friday. closed at fiftish. should have let run a little more. closed when i woke so only one of the neurons was working...

am long now. 1.3107 is a strong magnet but i am in already.
dreams do come true.
  • #51,709
  • Jan 30, 2012 7:00am Jan 30, 2012 7:00am
Quoting PayTheLimit
I'm watching 3086 below, hourly swing mid..
was tested early London friday, think its a good one to watch on the hourly...a few other I consider also..
Attached Image (click to enlarge)
Click to Enlarge Name: chart4.gif Size: 19 KB
Look Sharp/Trade Tight
  • #51,710
  • Jan 30, 2012 7:05am Jan 30, 2012 7:05am
Quoting frankkn
EU H4 supply, looking to catch retrace to demand
Grabbed a couple over night on that one, now waiting for fresh M5 demand
Attached Image (click to enlarge)
Click to Enlarge Name: jan30a.jpg Size: 63 KB
  • #51,711
  • Jan 30, 2012 7:07am Jan 30, 2012 7:07am
Quoting frankkn
Grabbed a couple over night on that one, now waiting for fresh M5 demand
nice call...
Look Sharp/Trade Tight
  • #51,712
  • Jan 30, 2012 7:14am Jan 30, 2012 7:14am
Quoting PayTheLimit
nice call...
Thanks PTL
  • #51,713
  • Jan 30, 2012 7:22am Jan 30, 2012 7:22am
Quoting PayTheLimit
was tested early London friday, think its a good one to watch on the hourly...a few other I consider also..
This may be a dumb question, but have you highlighted the middle of the bar that makes the first swing hi/lo? I see you mentioning mids all the time, at first I thought you were talking about medium grade weed, then I thought you were talking about the middle of the last closed bar.. and now this is my new thought on the topic.

If so, kindof like SD zones?
  • #51,714
  • Jan 30, 2012 7:32am Jan 30, 2012 7:32am
Quoting frankkn
This may be a dumb question, but have you highlighted the middle of the bar that makes the first swing hi/lo? I see you mentioning mids all the time, at first I thought you were talking about medium grade weed, then I thought you were talking about the middle of the last closed bar.. and now this is my new thought on the topic.

If so, kindof like SD zones?
mostly I am talking out of my wazoo..in some instances I speak of the swing mid, which would be the mid of that bars which includes the high or low of the swing, other times I might talk about the mid of the last hour, be it frankie, or London, or a bar that breaks out of a range, or just the last hours, and then there yest/mids, and last months, etc.etc...
Attached Image (click to enlarge)
Click to Enlarge Name: chart4.gif Size: 19 KB
Look Sharp/Trade Tight
  • #51,715
  • Jan 30, 2012 7:36am Jan 30, 2012 7:36am
too early to tell but imo a close below 1.3100 today might be a resumption of bearish trend

EU D1:
Attached Image (click to enlarge)
Click to Enlarge Name: Picture0012.jpg Size: 96 KB
Don't be a hero. Don't have an ego. Always question yourself
  • #51,716
  • Jan 30, 2012 7:38am Jan 30, 2012 7:38am
Quoting PayTheLimit
mostly I am talking out of my wazoo..in some instances I speak of the swing mid, which would be the mid of that bars range, other times I might talk about the mid of the last hour, be it frankie, or London, or a bar that breaks out of a range, or just the last hours, and then there yest/mids, and last months, etc.etc...
I gotcha.. you just melted my brain

Looks like we just smashed some stops below 3100. Now we're in that demand I'm watching for fresh bids on my aggressive account, if we don't get that maybe trying to catch some longer term stops below 3070 on my other acct
  • #51,717
  • Jan 30, 2012 7:40am Jan 30, 2012 7:40am
Quoting frankkn
I gotcha.. you just melted my brain

Looks like we just smashed some stops below 3100. Now we're in that demand I'm watching for fresh bids on my aggressive account, if we don't get that maybe trying to catch some longer term stops below 3070 on my other acct
lol, mines been mush for years...

good luck bro..
Look Sharp/Trade Tight
  • #51,718
  • Jan 30, 2012 7:42am Jan 30, 2012 7:42am
Quoting USD-Bear
too early to tell but imo a close below 1.3100 today might be a resumption of bearish trend

EU D1:
Attachment

3104 was too strong lets see
  • #51,719
  • Jan 30, 2012 7:51am Jan 30, 2012 7:51am
Quoting USD-Bear
too early to tell but imo a close below 1.3100 today might be a resumption of bearish trend

EU D1:
Attachment
was really expecting a bit more of a fight from bulls - every h4 red since open , almost all h1s also
  • #51,720
  • Jan 30, 2012 7:51am Jan 30, 2012 7:51am
Gotta spike these predatory offers at 3106-7 and give strong evidence of bids and it clears the way for 3125. If those things don't happen we may be visiting stops ~3070
20 traders viewing now