The Really Useless Thread | Page 3139 | 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

  • #62,761
  • Mar 7, 2012 4:28pm Mar 7, 2012 4:28pm
1h is looking kinda ascending triangle'ish. Let her figure out what she is doing.
  • #62,762
  • Mar 7, 2012 4:28pm Mar 7, 2012 4:28pm
this consolidation zone is epic.... im still sticking to my guns that reversal is imminent...

I wish I never had to sleep so I could of grabbed that dip sub 3100...

oh well... got some longs already between 3120 and 3150
  • #62,763
  • Mar 7, 2012 4:29pm Mar 7, 2012 4:29pm
Attached Image (click to enlarge)
Click to Enlarge Name: 5meur.gif Size: 25 KB
  • #62,764
  • Mar 7, 2012 4:31pm Mar 7, 2012 4:31pm
Quoting Venice
1h is looking kinda ascending triangle'ish. Let her figure out what she is doing.
I don't think h1 moved 5 pips in 3 hours, pretty much since I've been in the trade. Must be my luck again..
  • #62,765
  • Mar 7, 2012 4:32pm Mar 7, 2012 4:32pm
Quoting attila
I don't think h1 moved 5 pips in 3 hours, pretty much since I've been in the trade. Must be my luck again..
lol. Seems like that always happens to me too. Price moves awesome until I have a stake in it.
  • #62,766
  • Mar 7, 2012 4:34pm Mar 7, 2012 4:34pm
looks Head and sholder ish...

attila... whats that PA setup u use to trade the H&S?
wouldnt we be lookin for a retest of 3120 to jack in some longs?
  • #62,767
  • Mar 7, 2012 4:36pm Mar 7, 2012 4:36pm
bullshitt dont read

3:36 PM The ECB is not expected to cut its benchmark rate from 1% at its policy meeting tomorrow. Further, President Draghi may signal the bank has done enough lifting, and no further special operations are in store. Near-term liquidity issues may have been addressed, but the still-weak EU economy may force Mr. Draghi into more action before long
  • #62,768
  • Mar 7, 2012 4:37pm Mar 7, 2012 4:37pm
Quoting attila
I don't think h1 moved 5 pips in 3 hours, pretty much since I've been in the trade. Must be my luck again..
Have to admit, that is one hell of a ceiling shorts are very adamant about...
  • #62,769
  • Mar 7, 2012 4:40pm Mar 7, 2012 4:40pm
Looks like we now have the 8Hr cross also so hopefully it will head lower in Asia. Gotta get some kippo
Attached Image
Disclaimer: Check your 1m charts
  • #62,770
  • Mar 7, 2012 4:56pm Mar 7, 2012 4:56pm
so has the fat lady started singing yet on this sell off?

Inserted Video


  • #62,771
  • Mar 7, 2012 5:15pm Mar 7, 2012 5:15pm
Quoting gatorinla
close above 3136 and 55 bulls need
bulls did get a close above cluster 3150,, using candles a b/o #.. its still not above 3155.. bears didn't get a -3109 close. since bulls got +3150 by .00009 its in their court with resistance just above. long wicks on both sides is a no trade sign. close 3155+ and it should go higher. if its weak 3180 88 96 may be enough. if we do break the high a not so perfect target 3237 min is indicated. its not a perfect signal. long wicks are a sure way of being made a fool. beyond the reach of the wicks is 3180/96 area. my last signal was to s till 30xx posted earlier, it too was not perfect. it was before the wicks were made.
those who can, do. those who cant, talk about those who can
  • #62,772
  • Mar 7, 2012 5:35pm Mar 7, 2012 5:35pm
Quoting Wulfgar
When this thing breaks north out of this crap I'm gonna have like 48 buy orders in it

One more swipe at the lows should do it
there there now nfp comming up
  • #62,773
  • Mar 7, 2012 6:35pm Mar 7, 2012 6:35pm
I closed my short. I don't like the way it's going down.
  • #62,774
  • Mar 7, 2012 6:52pm Mar 7, 2012 6:52pm
I declare the market random... and feckty.
  • #62,775
  • Mar 7, 2012 6:55pm Mar 7, 2012 6:55pm
Quoting Venice
I declare the market random... and feckty.
yeah it is a lot of the time, the trick is having the patience to wait for when it's not so random...
  • #62,776
  • Mar 7, 2012 6:57pm Mar 7, 2012 6:57pm
piers morgan is a fucking prick...
  • #62,777
  • Mar 7, 2012 7:01pm Mar 7, 2012 7:01pm
If bulls plan on going anywhere... they really need a h4 close > 3163. Other wise stop fecking around!!
  • #62,778
  • Mar 7, 2012 7:04pm Mar 7, 2012 7:04pm
It's approaching a bottom I think. Is it here or 100 pips lower? Either way, after that longs will be a riot.
  • #62,779
  • Mar 7, 2012 7:05pm Mar 7, 2012 7:05pm
Quoting Venice
If bulls plan on going anywhere... they really need a h4 close > 3163. Other wise stop fecking around!!
They're not messing around. Actually both bears and bulls seem happy at the moment. We'll just have to wait for one of them to throw a tantrum. That's all.
  • #62,780
  • Mar 7, 2012 7:06pm Mar 7, 2012 7:06pm
Quoting attila
It's approaching a bottom I think. Is it here or 100 pips lower? Either way, after that longs will be a riot.
Inserted Video
18 traders viewing now