The Really Useless Thread | Page 4252 | 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

  • #85,021
  • May 8, 2012 12:33pm May 8, 2012 12:33pm
pink gold for the road
Attached Image (click to enlarge)
Click to Enlarge Name: 4h gold.gif Size: 28 KB
  • #85,022
  • May 8, 2012 12:36pm May 8, 2012 12:36pm
Risk on bounce on a vaild fib took 20 on some with more still running maybe a good opp for more if we get all happy in downunder..GL!
Attached Image (click to enlarge)
Click to Enlarge Name: au 4hr.gif Size: 41 KB
  • #85,023
  • May 8, 2012 12:38pm May 8, 2012 12:38pm
Quoting chazzle
awesome

although might I suggest we lobotomise them instead , put zombie make-up on them , and put them in a shopping mall

then you could charge members of the the public to re-enact George Romero's classic movie Dawn of the Dead , and make a few quid at the same time

http://www.youtube.com/watch?v=b6kTJgKvXGc
much better idea, although i thought romero's dawn of the dead was supposed to be a satirical comment on modern society anyway...
  • #85,024
  • May 8, 2012 12:45pm May 8, 2012 12:45pm
and still the turd floats, looking for any glimmer of qe from the bernayke on thursday..
  • #85,025
  • May 8, 2012 12:52pm May 8, 2012 12:52pm
greece and ez are saved... rejoice, rejoice!!!
  • #85,026
  • May 8, 2012 12:53pm May 8, 2012 12:53pm
Quoting FibbinArchie
greece and ez are saved... rejoice, rejoice!!!
Daily demand zones are not so easily beaten. Especially with a nice bull candle saying hey, there are buyers down here.
  • #85,027
  • May 8, 2012 12:54pm May 8, 2012 12:54pm
Quoting Venice
Daily demand zones are not so easily beaten. Especially with a nice bull candle saying hey, there are buyers down here.
true dat v, but some nice juicy stops sub 2950...

although double hammer setting up on the daily if we close near current levels or higher..
  • #85,028
  • May 8, 2012 12:56pm May 8, 2012 12:56pm
I disabled my wicks on my chart. I feel all 8-bit'ish.
  • #85,029
  • May 8, 2012 12:57pm May 8, 2012 12:57pm
Quoting kill56
pink gold for the road
longing here mate.. or unloading ??
  • #85,030
  • May 8, 2012 12:58pm May 8, 2012 12:58pm
Quoting Venice
I disabled my wicks on my chart. I feel all 8-bit'ish.
never understood the logic behind doing that, why wouldn't you want to see all of the price and time data the market is generating about itself?
  • #85,031
  • May 8, 2012 12:59pm May 8, 2012 12:59pm
Quoting Piters
longing here mate.. or unloading ??
  • #85,032
  • May 8, 2012 12:59pm May 8, 2012 12:59pm
Quoting FibbinArchie
never understood the logic behind doing that, why wouldn't you want to see all of the price and time data the market is generating about itself?
Give the pins the respect they deserve can be wise
  • #85,033
  • May 8, 2012 1:02pm May 8, 2012 1:02pm
My new EU trading method

When Europe opens= Sell EU

The second Europe closes = close and flip


The end
  • #85,034
  • May 8, 2012 1:03pm May 8, 2012 1:03pm
Quoting Larseg
Give the pins the respect they deserve can be wise
agree, it's like only looking at half the picture..
  • #85,035
  • May 8, 2012 1:03pm May 8, 2012 1:03pm
Quoting Wulfgar
My new EU trading method

When Europe opens= Sell EU

The second Europe closes = close and flip


The end
good old greece, back rocking the boat...

Inserted Video
  • #85,036
  • May 8, 2012 1:04pm May 8, 2012 1:04pm
Quoting FibbinArchie
never understood the logic behind doing that, why wouldn't you want to see all of the price and time data the market is generating about itself?
You can visualize momentum much easier going from a simple open > close, open > close style.

I also, like to see the wicks though. They provide good insight coming into a zone. Even if just signaling the fact that the opposing force is present.

It really doesn't matter though. Trading is so subjective. Anything and everything can be made into a strategy with proper mm.

Edit: As a matter of fact, a lot of the indicators I write tend to favor open/close data vs high/low. high/low is viewed as just noise to what actually happened to the current time frame.
  • #85,037
  • May 8, 2012 1:05pm May 8, 2012 1:05pm
Quoting FibbinArchie
good old greece, back rocking the boat...

10.8% jobless in the euro zone is pretty crappy all over...
  • #85,038
  • May 8, 2012 1:07pm May 8, 2012 1:07pm
Quoting Larseg
10.8% jobless in the euro zone is pretty crappy all over...
They should do what we do in the states. Just give up looking for jobs. It makes the number come down really quick.
  • #85,039
  • May 8, 2012 1:09pm May 8, 2012 1:09pm
V pattern on the 15m? Or have we found a top again?
  • #85,040
  • May 8, 2012 1:09pm May 8, 2012 1:09pm
Quoting Venice
They should do what we do in the states. Just give up looking for jobs. It makes the number come down really quick.
I'm a fan of the "Occupy the parents house" movement
9 traders viewing now