The Really Useless Thread | Page 3174 | 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

  • #63,461
  • Mar 12, 2012 6:21pm Mar 12, 2012 6:21pm
Quoting Venice
As it goes, nothing is ever perfect in this world. But, try not to think of it in terms of a fake break out. Think of it as the range shifting directions, then reversing directions again. This does not happen very often, and will be handled by proper MM.

Generally when this does happen, order flow follows suite right along with the range fakey and you do not get a signal until the range has shifted back (reversed again). With a bit of proper setup, Dragons Eye should be able to properly distinguish this *most* of the time. As for the others,...
sounds good v, let me know how you get on..
  • #63,462
  • Mar 12, 2012 6:22pm Mar 12, 2012 6:22pm
Quoting frankkn
Oh here's my daily

Gotta go! Trade well ladies and gentlemen, I'll try to stop in tomorrow.
see you later, what are you studying btw?
  • #63,463
  • Mar 12, 2012 6:23pm Mar 12, 2012 6:23pm
Quoting pipper
kip time. risk 2 pips. letting it run
later pipper, gl with the trade...
  • #63,464
  • Mar 12, 2012 6:24pm Mar 12, 2012 6:24pm
Quoting chazzle
closed - hanging around up there too long
never a good sign..

closed e/u longs on retest of wpp..
  • #63,465
  • Mar 12, 2012 6:24pm Mar 12, 2012 6:24pm
I may see the PA at 3180ish....could be a good sh
  • #63,466
  • Mar 12, 2012 6:28pm Mar 12, 2012 6:28pm
Inserted Video
  • #63,467
  • Mar 12, 2012 6:28pm Mar 12, 2012 6:28pm
EU 1.3183 (DR1) & H4 50% Fib; ...next station.....1.3210 (DR2) & 61.8%.
I wait and try to scalp only down the H1 overlapping candles at M1 after London Open in several hours.
Don't think that this night (2:31 GMT+1) the H1 candles would have the power to go further north (neg.div.). Take some Shorts @ 1.3167 just for several pips here and there.
  • #63,468
  • Mar 12, 2012 6:33pm Mar 12, 2012 6:33pm
Quoting pipper
May reach 3185 at extreme if 57/58 doesn't hold it
looking for a candle myself at any time now
Attached Image (click to enlarge)
Click to Enlarge Name: usdx cam.PNG Size: 19 KB
those who can, do. those who cant, talk about those who can
  • #63,469
  • Mar 12, 2012 6:54pm Mar 12, 2012 6:54pm
Quoting gatorinla
looking for a candle myself at any time now
with tl..
Attached Image (click to enlarge)
Click to Enlarge Name: usdx cam.PNG Size: 25 KB
those who can, do. those who cant, talk about those who can
  • #63,470
  • Mar 12, 2012 6:59pm Mar 12, 2012 6:59pm
sub 57 close would make life easier in 1 m
those who can, do. those who cant, talk about those who can
  • #63,471
  • Mar 12, 2012 7:01pm Mar 12, 2012 7:01pm
Quoting gatorinla
sub 57 close would make life easier in 1 m
didn't get it.. 3183.6 + is still hanging..
those who can, do. those who cant, talk about those who can
  • #63,472
  • Mar 12, 2012 7:02pm Mar 12, 2012 7:02pm
Quoting gatorinla
sub 57 close would make life easier in 1 m
didn't get it.. 3183.6 + is still hanging above pink tl
those who can, do. those who cant, talk about those who can
  • #63,473
  • Mar 12, 2012 7:06pm Mar 12, 2012 7:06pm
Quoting gatorinla
didn't get it.. 3183.6 + is still hanging above pink tl
I got a 3180 SH order....lets c if it fakes then falls
  • #63,474
  • Mar 12, 2012 7:10pm Mar 12, 2012 7:10pm
One down, two to go (the yellow circled areas).
Attached Image (click to enlarge)
Click to Enlarge Name: 113.jpg Size: 116 KB
The Thief of Wall Street
  • #63,475
  • Mar 12, 2012 7:12pm Mar 12, 2012 7:12pm
Quoting Chicky
One down, two to go (the yellow circled areas).
Dear sir chicky

do you not intended to continue your a lesson learned thread ?


Thanks
If there was easy money lying around,no one would be forcing it into your
  • #63,476
  • Mar 12, 2012 7:46pm Mar 12, 2012 7:46pm
Quoting FXMindset
Dear sir chicky

do you not intended to continue your a lesson learned thread ?


Thanks
Wait until (if) it crosses 1.3300 or 1.300.
The Thief of Wall Street
  • #63,477
  • Mar 12, 2012 7:54pm Mar 12, 2012 7:54pm
3196.1 closed above would be better for bulls. the circled one to the left shows a real cross (a unbroken candle) the ones with broken candles usually reverse. to be unbroken it has to cover the entire blue area in a single candle. each level is more powerful indication.
Attached Image (click to enlarge)
Click to Enlarge Name: usdx cam.PNG Size: 25 KB
those who can, do. those who cant, talk about those who can
  • #63,478
  • Mar 12, 2012 8:28pm Mar 12, 2012 8:28pm
I got a stop at 1.32 on my 1.3180 SH...If it dont go higher...It could go sub-1.30
  • #63,479
  • Mar 12, 2012 8:34pm Mar 12, 2012 8:34pm
Quoting needpips
I got a stop at 1.32 on my 1.3180 SH...If it dont go higher...It could go sub-1.30
if it don't go higher it will go sub 30.. now lets get the timing down.. within a hour of it getting there so i can sleep between.
those who can, do. those who cant, talk about those who can
  • #63,480
  • Mar 12, 2012 9:36pm Mar 12, 2012 9:36pm
morning..
Look Sharp/Trade Tight
46 traders viewing now