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 11:04am Feb 9, 2012 11:04am
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 11:04am Feb 9, 2012 11:04am
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 11:05am Feb 9, 2012 11:05am
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 11:05am Feb 9, 2012 11:05am
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 11:10am Feb 9, 2012 11:10am
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 11:14am Feb 9, 2012 11:14am
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 11:15am Feb 9, 2012 11:15am
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 11:15am Feb 9, 2012 11:15am
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 11:16am Feb 9, 2012 11:16am
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 11:17am Feb 9, 2012 11:17am
Quoting PayTheLimit
thanks for the reply brother..
  • #56,051
  • Feb 9, 2012 11:25am Feb 9, 2012 11:25am
Careful now...
  • #56,052
  • Feb 9, 2012 11:27am Feb 9, 2012 11:27am
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 11:35am Feb 9, 2012 11:35am
Quoting longshot_nl
you have one with 3157?
I like 3179 near there..
Look Sharp/Trade Tight
  • #56,054
  • Feb 9, 2012 11:39am Feb 9, 2012 11:39am
knock knock
  • #56,055
  • Feb 9, 2012 11:43am Feb 9, 2012 11:43am
Quoting fxjawn
knock knock
who sass or soso
  • #56,056
  • Feb 9, 2012 12:17pm Feb 9, 2012 12:17pm
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 12:23pm Feb 9, 2012 12:23pm
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 12:31pm Feb 9, 2012 12:31pm
latest from athens-

Inserted Video
  • #56,059
  • Feb 9, 2012 12:31pm Feb 9, 2012 12:31pm
Quoting USD-Bear
Attachment
Attached Image (click to enlarge)
Click to Enlarge Name: 30m eur.gif Size: 31 KB
  • #56,060
  • Feb 9, 2012 12:32pm Feb 9, 2012 12:32pm
Quoting FibbinArchie
latest from athens-

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