The Really Useless Thread | Page 2803 | 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

  • #56,041
  • Feb 9, 2012 1:04pm Feb 9, 2012 1:04pm
Quoting Venice
Are futures easier to trade than fx? FX is getting annoying beyond all...
u might as well just become a farmer and sling bundles of cotton and whheat...
  • #56,042
  • Feb 9, 2012 1:04pm Feb 9, 2012 1:04pm
Quoting longshot_nl
you have one with 3157?
no currently I only have 3146 in that vicinity..
Look Sharp/Trade Tight
  • #56,043
  • Feb 9, 2012 1:05pm Feb 9, 2012 1:05pm
Quoting Venice
Are futures easier to trade than fx? FX is getting annoying beyond all...

the same shitt bro nothing easy needs time and a lot of hours but less risky
  • #56,044
  • Feb 9, 2012 1:05pm Feb 9, 2012 1:05pm
Quoting PayTheLimit
so how do you proceed now, drop down to a lower TF and find another zone to work with?
Most of my entries are fresh M5 zones coming from H4 zones.

When it comes to daily and weekly zones I use them more for anticipation of a change in order flow.

Occasionally I'll enter on H3/H4 zones coming from weekly zones, and also M30/H1 entry from daily zones.

With these I'll take half off at 1:1 because the duration is going to be too long and may be subject to changes in sentiment.

Also I always target the first opposing (quality) zone from my entry time frame, unless it gives me less than 1:1. Sometimes I get a higher R sometimes I get 1, but it tends to work out in the end to around 1.5R give or take, depending on the week.

I favor the M5 entry from H4 zones because it is more of a pure form of riding a stack of bids to one of offers because they literally are sitting in the market waiting to be filled, much more so than a weekly level.
  • #56,045
  • Feb 9, 2012 1:10pm Feb 9, 2012 1:10pm
Quoting longshot_nl
my chart
what have you got?

i got 57 too on cam's 53 on m math
Attached Image (click to enlarge)
Click to Enlarge Name: 1h eur.gif Size: 17 KB
  • #56,046
  • Feb 9, 2012 1:14pm Feb 9, 2012 1:14pm
Possible decent bounce just ahead(Asia)....Eu 5m decending trange still in play with breach of norther wedge if 3284 gives it up/ S/P looking toppy also..GL!
Attached Image (click to enlarge)
Click to Enlarge Name: eurlfx 4hr.gif Size: 25 KB
  • #56,047
  • Feb 9, 2012 1:15pm Feb 9, 2012 1:15pm
Quoting PayTheLimit
no currently I only have 3146 in that vicinity..
Attached Image (click to enlarge)
Click to Enlarge Name: 4h eur.gif Size: 16 KB
  • #56,048
  • Feb 9, 2012 1:15pm Feb 9, 2012 1:15pm
Quoting frankkn
Most of my entries are fresh M5 zones coming from H4 zones.

When it comes to daily and weekly zones I use them more for anticipation of a change in order flow.

Occasionally I'll enter on H3/H4 zones coming from weekly zones, and also M30/H1 entry from daily zones.

With these I'll take half off at 1:1 because the duration is going to be too long and may be subject to changes in sentiment.

Also I always target the first opposing (quality) zone from my entry time frame, unless it gives me less than 1:1. Sometimes I get a higher R sometimes...
thanks for the reply brother..
Look Sharp/Trade Tight
  • #56,049
  • Feb 9, 2012 1:16pm Feb 9, 2012 1:16pm
EU Daily

Lots of supply above. Freshest demand is on the H4 and starts around 1.3135 with a daily demand just below, so if we drive up into HTF supply and sellers step in there's some decent profit margin for them
Attached Image (click to enlarge)
Click to Enlarge Name: f9b.jpg Size: 65 KB
  • #56,050
  • Feb 9, 2012 1:17pm Feb 9, 2012 1:17pm
Quoting PayTheLimit
thanks for the reply brother..
  • #56,051
  • Feb 9, 2012 1:25pm Feb 9, 2012 1:25pm
Careful now...
  • #56,052
  • Feb 9, 2012 1:27pm Feb 9, 2012 1:27pm
Quoting attila
Careful now...
It doesn't matter. It's a limey bastard. No direction, just a bunch of nonsense.
  • #56,053
  • Feb 9, 2012 1:35pm Feb 9, 2012 1:35pm
Quoting longshot_nl
you have one with 3157?
I like 3179 near there..
Look Sharp/Trade Tight
  • #56,054
  • Feb 9, 2012 1:39pm Feb 9, 2012 1:39pm
knock knock
  • #56,055
  • Feb 9, 2012 1:43pm Feb 9, 2012 1:43pm
Quoting fxjawn
knock knock
who sass or soso
  • #56,056
  • Feb 9, 2012 2:17pm Feb 9, 2012 2:17pm
will i think no body a live in the house no sass nor soso

i know u are busy trading the doomed eur shitt kidding we are stuck but i am sure i will see u ass's when we break the dam 80
its the last hour of the big ass's market lets see where they wanna close the equitys
  • #56,057
  • Feb 9, 2012 2:23pm Feb 9, 2012 2:23pm
Quoting kill56
will i think no body a live in the house no sass nor soso

i know u are busy trading the doomed eur shitt kidding we are stuck but i am sure i will see u ass's when we break the dam 80
its the last hour of the big ass's market lets see where they wanna close the equitys
Attached Image (click to enlarge)
Click to Enlarge Name: Picture0037.jpg Size: 105 KB
Don't be a hero. Don't have an ego. Always question yourself
  • #56,058
  • Feb 9, 2012 2:31pm Feb 9, 2012 2:31pm
latest from athens-

Inserted Video
  • #56,059
  • Feb 9, 2012 2:31pm Feb 9, 2012 2:31pm
Quoting USD-Bear
Attachment
Attached Image (click to enlarge)
Click to Enlarge Name: 30m eur.gif Size: 31 KB
  • #56,060
  • Feb 9, 2012 2:32pm Feb 9, 2012 2:32pm
Quoting FibbinArchie
latest from athens-

http://www.youtube.com/watch?v=XvkC4t2d9Ok
shame on hatchy he should save her ass
13 traders viewing now