The Really Useless Thread | Page 3121 | 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

  • #62,401
  • Mar 6, 2012 10:27am Mar 6, 2012 10:27am
yesterdays wedge. before after.#62124
Attached Image (click to enlarge)
Click to Enlarge Name: usdx cam.PNG Size: 21 KB
Attached Image
those who can, do. those who cant, talk about those who can
  • #62,402
  • Mar 6, 2012 10:30am Mar 6, 2012 10:30am
There is no way one can make a living out of this trading only NY. I don't think we get 3 decent trading days a month... Any input?? What hours do you guys trade? I mean U.S. traders...
  • #62,403
  • Mar 6, 2012 10:31am Mar 6, 2012 10:31am
Europe just closed.
those who can, do. those who cant, talk about those who can
  • #62,404
  • Mar 6, 2012 10:35am Mar 6, 2012 10:35am
Quoting attila
There is no way one can make a living out of this trading only NY. I don't think we get 3 decent trading days a month... Any input?? What hours do you guys trade? I mean U.S. traders...
london is prolly your best bet atm, 3 to 4am start if you're on eastern..
  • #62,405
  • Mar 6, 2012 10:38am Mar 6, 2012 10:38am
Quoting FibbinArchie
london is prolly your best bet atm, 3 to 4am start if you're on eastern..
I know... that's 2 am my time. A total killer... Was just wondering how other people are doing it... I don't know, I'll probably have to move up to higher TFs. This is just not working out..
  • #62,406
  • Mar 6, 2012 10:38am Mar 6, 2012 10:38am
How many Bouncy Bouncies can 3113 take
Disclaimer: Check your 1m charts
  • #62,407
  • Mar 6, 2012 10:40am Mar 6, 2012 10:40am
Quoting pipper
How many Bouncy Bouncies can 3113 take
It won't take the high either..
  • #62,408
  • Mar 6, 2012 10:44am Mar 6, 2012 10:44am
In work and every half hour i come back to the screen, it's still bloody there

Hopefully, it might retrace a bit north for more shorties

Quoting attila
It won't take the high either..
Disclaimer: Check your 1m charts
  • #62,409
  • Mar 6, 2012 10:49am Mar 6, 2012 10:49am
It either broke the low, or it just dropped for the stops..
  • #62,410
  • Mar 6, 2012 10:53am Mar 6, 2012 10:53am
Quoting attila
It either broke the low, or it just dropped for the stops..
it had to hit 3109.5/10
those who can, do. those who cant, talk about those who can
  • #62,411
  • Mar 6, 2012 10:58am Mar 6, 2012 10:58am
Quoting gatorinla
it had to hit 3109.5/10
what's 3109?
  • #62,412
  • Mar 6, 2012 10:58am Mar 6, 2012 10:58am
Quoting attila
There is no way one can make a living out of this trading only NY. I don't think we get 3 decent trading days a month... Any input?? What hours do you guys trade? I mean U.S. traders...
Daily/h8/h4 are my favorites.
  • #62,413
  • Mar 6, 2012 10:59am Mar 6, 2012 10:59am
Quoting Venice
Daily/h8/h4 are my favorites.
Of course it can really screw with you too. Ive been doing nothing but watching this drop all week. Lol
  • #62,414
  • Mar 6, 2012 11:01am Mar 6, 2012 11:01am
Quoting Venice
Of course it can really screw with you too. Ive been doing nothing but watching this drop all week. Lol
But then what's the point of day trading? I may as well go get a job.
  • #62,415
  • Mar 6, 2012 11:03am Mar 6, 2012 11:03am
Quoting attila
But then what's the point of day trading? I may as well go get a job.
Well, it may be wise to at least let some swings sit on the back burner so that when days like today come into play, you can cash in or pull some off the board with 'em.

As for day trading this nonsense? I don't know. Everyone says they can consistently make more pips doing the smaller time frames, but I have found that I make more trades for about the same amount of pips, and a hell of a lot more screen time.

Day trading to me = set trades in the morning, drink mojitos all day long
  • #62,416
  • Mar 6, 2012 11:04am Mar 6, 2012 11:04am
Quoting gatorinla
3109.5 is a s.. if we bounce here back to 3172/88.. don't get your panties in a knot
gonna reload after bounces.. 3155? 88 97 3237... 72
those who can, do. those who cant, talk about those who can
  • #62,417
  • Mar 6, 2012 11:04am Mar 6, 2012 11:04am
Quoting Venice
Well, it may be wise to at least let some swings sit on the back burner so that when days like today come into play, you can cash in or pull some off the board with 'em.

As for day trading this nonsense? I don't know. Everyone says they can consistently make more pips doing the smaller time frames, but I have found that I make more trades for about the same amount of pips, and a hell of a lot more screen time.

Day trading to me = set trades in the morning, drink mojitos all day long
I am really frustrated with our time zone tbh. Something's gotta change...
  • #62,418
  • Mar 6, 2012 11:05am Mar 6, 2012 11:05am
Who broke the Aussie? lol. Hope Kiwi is still lock and loaded on those shorts of hers.
  • #62,419
  • Mar 6, 2012 11:06am Mar 6, 2012 11:06am
Quoting attila
what's 3109?
on the chart #62361
those who can, do. those who cant, talk about those who can
  • #62,420
  • Mar 6, 2012 11:07am Mar 6, 2012 11:07am
Quoting attila
There is no way one can make a living out of this trading only NY. I don't think we get 3 decent trading days a month... Any input?? What hours do you guys trade? I mean U.S. traders...
this shot really makes the NY session pitiful

blue is the london session and the brown is NY
Attached Image (click to enlarge)
Click to Enlarge Name: eu_m5.gif Size: 37 KB
33 traders viewing now