The Really Useless Thread | Page 3479 | 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

  • #69,561
  • Mar 30, 2012 11:26am Mar 30, 2012 11:26am
3353 is a r also.... the usdx is fighting a r tl atm.. so far slapped down after a poke
those who can, do. those who cant, talk about those who can
  • #69,562
  • Mar 30, 2012 11:28am Mar 30, 2012 11:28am
Quoting USD-Bear
added @ 1.3312
stop @ BE
Don't be a hero. Don't have an ego. Always question yourself
  • #69,563
  • Mar 30, 2012 11:41am Mar 30, 2012 11:41am
Quoting USD-Bear
close enough to keep you wondering?
nope.. black and white.. till one crosses again.. its just normal after fridays b/o to have a pullback at some point to the last leg. the last one before b/o was the smaller in the 3212 area and a bigger one 3146... just like the even bigger b/o from the 262x low. said we should go the 36xx # before continuing lower. the ypp is 3587..
those who can, do. those who cant, talk about those who can
  • #69,564
  • Mar 30, 2012 11:41am Mar 30, 2012 11:41am
Quoting USD-Bear
I just want an answer to this question

USDOLLAR M15:
Attachment
what's the question?
  • #69,565
  • Mar 30, 2012 11:44am Mar 30, 2012 11:44am
Quoting gatorinla
nope.. black and white.. till one crosses again.. its just normal after fridays b/o to have a pullback at some point to the last leg. the last one before b/o was the smaller in the 3212 area and a bigger one 3146... just like the even bigger b/o from the 262x low. said we should go the 36xx # before continuing lower. the ypp is 3587..
ok, that's a promise
Don't be a hero. Don't have an ego. Always question yourself
  • #69,566
  • Mar 30, 2012 11:44am Mar 30, 2012 11:44am
Quoting pkimnyc
what's the question?
where is the answer
  • #69,567
  • Mar 30, 2012 11:44am Mar 30, 2012 11:44am
Quoting Larseg
where is the answer



bastard
  • #69,568
  • Mar 30, 2012 11:44am Mar 30, 2012 11:44am
Quoting pkimnyc
what's the question?
up or down but it's answered already
Don't be a hero. Don't have an ego. Always question yourself
  • #69,569
  • Mar 30, 2012 11:45am Mar 30, 2012 11:45am
Quoting pipper
easy fast 20 pips
good, closing the books?

I closed mine 2 hours ago...

been a good week, quality week
  • #69,570
  • Mar 30, 2012 11:48am Mar 30, 2012 11:48am
Quoting FXMastermind
This is really impressive. You have some kind of indi for this or what?

How do you diagnose both (hor and ver) values? Keep trying until it fits or is there something more sophisticated behind it ?

One never stops to learn new stuff.

Thanks
Well.. It's a little trial and error. Nothing fancy. For the number of bars, once you figure there's a new trend starting (like the last one from 1.300) wait for a swing H/L and see how many bars it took between them (use the time cycle indi in mt4), adjust it a little as new swings happen but in general the first one or two swings will give you a pretty good idea..

For the horizontals, look at the previous trend (the one from 3480ish down to 1.300 and see what are the proportions it likes to swing between. I don't necessarily use gann as they teach you, more for keeping track of what is it the pair likes.. The last trend down it seems to like 360 axis and it keeps liking it in the current trend too. I do pay attention when the price approaches 90, 180 and 270 angles. If you take the previous swings and put them on the wheel you can see a pattern emerging, then take adjacent cells above/below, and those are potential targets (they have hashed background). Maybe that's why gator and ptl mids/mofus work.. There are proportions the pair likes. Now these proportions expand/contract in time and you have to keep tabs on it..

Unfortunately there is nothing exact. You have to observe and adjust things as we move along. I attached the current excel I'm working with and current points of interest. The starting cell is the low in January as I consider that the higher trend...

I ripped the original excel from the Internet somewhere..I only use Regression H1 right now..

This is my intraday method... For general view of what's going on I use market profile. I described it in one of my posts earlier this month I think.

I am not keeping anything secret. The market is big enough for all of us. Besides, I was given a lot of knowledge for free and so I'll give back what I can to whoever is interested..

Attached File(s)
File Type: xls Gann1.xls   357 KB | 254 downloads
  • #69,571
  • Mar 30, 2012 11:49am Mar 30, 2012 11:49am
Quoting Larseg


bastard
ah ha!
  • #69,572
  • Mar 30, 2012 11:50am Mar 30, 2012 11:50am
Quoting USD-Bear
I just want an answer to this question

USDOLLAR M15:
Attachment
? are we 2x yet?
Attached Image (click to enlarge)
Click to Enlarge Name: usdx cam.PNG Size: 143 KB
those who can, do. those who cant, talk about those who can
  • #69,573
  • Mar 30, 2012 11:53am Mar 30, 2012 11:53am
Good stuff. Still looking to see if we close above 3345 on 10min for another run

Quoting Larseg
good, closing the books?

I closed mine 2 hours ago...

been a good week, quality week
Disclaimer: Check your 1m charts
  • #69,574
  • Mar 30, 2012 11:56am Mar 30, 2012 11:56am
Quoting gatorinla
? are we 2x yet?
sorry gator don't understand the relevance of the question
Don't be a hero. Don't have an ego. Always question yourself
  • #69,575
  • Mar 30, 2012 11:58am Mar 30, 2012 11:58am
Quoting USD-Bear
ok, that's a promise
that dont mean we get there. we are playing in the noise between. 2962 3587... 3274 is the middle..
those who can, do. those who cant, talk about those who can
  • #69,576
  • Mar 30, 2012 11:59am Mar 30, 2012 11:59am
Quoting USD-Bear
sorry gator don't understand the relevance of the question
did we move from either low to the center of the W 2x higher? (2 times higher) if not, your move has probably has not ended.
those who can, do. those who cant, talk about those who can
  • #69,577
  • Mar 30, 2012 12:09pm Mar 30, 2012 12:09pm
Quoting USD-Bear
sorry gator don't understand the relevance of the question
is the blue 2 X from the low, to the crotch of the W, higher then the crotch high (red line)
Attached Image (click to enlarge)
Click to Enlarge Name: usdx cam.PNG Size: 125 KB
those who can, do. those who cant, talk about those who can
  • #69,578
  • Mar 30, 2012 12:10pm Mar 30, 2012 12:10pm
Quoting attila
Well.. It's a little trial and error. Nothing fancy. For the number of bars, once you figure there's a new trend starting (like the last one from 1.300) wait for a swing H/L and see how many bars it took between them (use the time cycle indi in mt4), adjust it a little as new swings happen but in general the first one or two swings will give you a pretty good idea..

For the horizontals, look at the previous trend (the one from 3480ish down to 1.300 and see what are the proportions it likes to swing between. I don't necessarily use gann as they...
Brilliant, thanks Attila for something to go through at the weekend!

Much appreciated, really...

I am calling it a day/week/month/quarter you guys, it was a VERY successful one for me (43.7% equity evaluation (Q1)), I hope you were on the safe side as well...

Keeping two trades open - USD/JPY long from 82.00 (70+ now...) and EUR/CHF long from 1.2049 (-12 now...)

Cheers and see you all rested in April!

FXM
Quant Hedge Fund CEO
  • #69,579
  • Mar 30, 2012 12:16pm Mar 30, 2012 12:16pm
Quoting gatorinla
is the blue 2 X from the low, to the crotch of the W, higher then the crotch high (red line)
looks like a bra to me...
  • #69,580
  • Mar 30, 2012 12:18pm Mar 30, 2012 12:18pm
Quoting pkimnyc
looks like a bra to me...
You seriously need to get laid, bro
Quant Hedge Fund CEO
109 traders viewing now