The Really Useless Thread | Page 3704 | 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

  • #74,061
  • Apr 12, 2012 8:39am Apr 12, 2012 8:39am
Quoting Venice
Very frustrating part of swinging Archie. It's not uncommon for me to watch price go positive and negative to my entries multiple times before finally telling me if I am right or wrong. The key is to try and anticipate the range bound and be ready for when it's done ranging.
yeah v, trying to tailor my trading to range breakouts, based on time of day and data releases, biggest thing is getting out in time and reversing on head fakes..
  • #74,062
  • Apr 12, 2012 8:54am Apr 12, 2012 8:54am
Quoting USD-Bear
short @ 1.3175

USDOLLAR H1:
Attachment
stopped @ BE
Don't be a hero. Don't have an ego. Always question yourself
  • #74,063
  • Apr 12, 2012 8:57am Apr 12, 2012 8:57am
Quoting attila
I may be the biggest idiot on this forum (as I was sometimes) but I'm as bullish as I can be.. I guess that's me...

Attachment
....... an idiot talking BS.
  • #74,064
  • Apr 12, 2012 8:58am Apr 12, 2012 8:58am
switching to daily, targeting 9877

USDOLLAR D1:
Attached Image (click to enlarge)
Click to Enlarge Name: Picture0090.jpg Size: 100 KB
Don't be a hero. Don't have an ego. Always question yourself
  • #74,065
  • Apr 12, 2012 8:58am Apr 12, 2012 8:58am
Quoting FibbinArchie
edging back up...
Yeap euro finally testing 1.319x .... watch-out stocks (ES) retracing to break out point DAX in key close on support for the european close (floor close inside Daily/W S).

If there are some bears for this leg down ...only there in my chart...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #74,066
  • Apr 12, 2012 8:58am Apr 12, 2012 8:58am
significant murray pivot at 83..

roadblock or just a speed hump?
  • #74,067
  • Apr 12, 2012 9:02am Apr 12, 2012 9:02am
Quoting sisse
Yeap euro finally testing 1.319x .... watch-out stocks (ES) retracing to break out point DAX in key close on support for the european close (floor close inside Daily/W S).

If there are some bears for this leg down ...only there in my chart...

sisse
i see a rising upper channel line on h1 @ 3190...

would like to see 68 hold for more upside, lets c...
  • #74,068
  • Apr 12, 2012 9:04am Apr 12, 2012 9:04am
gold ... run my stops..
  • #74,069
  • Apr 12, 2012 9:05am Apr 12, 2012 9:05am
Quoting FibbinArchie
i see a rising upper channel line on h1 @ 3190...
i see this sob took my stop then took off.... what bastards....
  • #74,070
  • Apr 12, 2012 9:08am Apr 12, 2012 9:08am
Kind reminder. Better come to terms with 3550..
  • #74,071
  • Apr 12, 2012 9:09am Apr 12, 2012 9:09am
Quoting pkimnyc
i see this sob took my stop then took off.... what bastards....
ditto bastards, it always comes back for my stop before taking off...
  • #74,072
  • Apr 12, 2012 9:14am Apr 12, 2012 9:14am
Quoting attila
....... an idiot talking BS.


Now the real question is, will we be able to make a HH? > 3380!

Pretty hefty supply up in the 3340 area, but it is weakened.
  • #74,073
  • Apr 12, 2012 9:15am Apr 12, 2012 9:15am
Quoting Venice


Now the real question is, will we be able to make a HH? > 3380!
yes
  • #74,074
  • Apr 12, 2012 9:15am Apr 12, 2012 9:15am
Quoting attila
Kind reminder. Better come to terms with 3550..
that would need a 1.3400 break imo, but why not
I'm still looking for shorts below 1.3400
Don't be a hero. Don't have an ego. Always question yourself
  • #74,075
  • Apr 12, 2012 9:16am Apr 12, 2012 9:16am
Quoting Venice


Now the real question is, will we be able to make a HH? > 3380!
All that fuckin waiting.... Out the window...
  • #74,076
  • Apr 12, 2012 9:17am Apr 12, 2012 9:17am
Quoting attila
yes
Love my Aussie carry trade. Averaged in around 1.025. Bastards have been paying me while I've been waiting on the range.
  • #74,077
  • Apr 12, 2012 9:18am Apr 12, 2012 9:18am
Quoting USD-Bear
that would need a 1.3400 break imo, but why not
I'm still looking for shorts below 1.3400
final target is 3760. good several weeks out prob.
  • #74,078
  • Apr 12, 2012 9:18am Apr 12, 2012 9:18am
Quoting pkimnyc
All that fuckin waiting.... Out the window...
It's how it is for swinging They screw around in an area just long enough for us to give up hope. Lived through that many a times now.
  • #74,079
  • Apr 12, 2012 9:30am Apr 12, 2012 9:30am
Quoting FibbinArchie
i see a rising upper channel line on h1 @ 3190...

would like to see 68 hold for more upside, lets c...
Changing short term outlook in the euro from neutral to shorts. 1.313x key level for the roll so waiting for any valid TA on H4 rejection of highs for the early play.

To the other side 1,325x (last break out point in daily) marginally open on a break 1.319x but it will be without me on board as the r:r is useless for an entry on the highs....

ES change to soft bulls but micromanaging and ready to run on any failure this week to crack 138x. Gold back to neutral. Move to 1677xx completed (@ Kill I hope you are enjoying the ride from 1633...you owe the thread a round with that trade)...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #74,080
  • Apr 12, 2012 9:34am Apr 12, 2012 9:34am
Quoting attila
final target is 3760. good several weeks out prob.
buy buy buy buy. Load up the Aussie, sip mojito!
25 traders viewing now