The Really Useless Thread | Page 4257 | 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

  • #85,121
  • May 8, 2012 3:33pm May 8, 2012 3:33pm
Quoting attila
Dude, I'm talking about the smoothness, not the range..
Pips are pips. Asia most times range fucks also.
  • #85,122
  • May 8, 2012 3:44pm May 8, 2012 3:44pm
lol, tight as fak killer

Quoting kill56
in WTF with tight ass
Disclaimer: Check your 1m charts
  • #85,123
  • May 8, 2012 3:47pm May 8, 2012 3:47pm
Quoting pipper
lol, tight as fak killer
i am still east and dam it waiting for a bounce so lets see if the dog can get 10-20pips other wise i will kick his ass

oh shitt Greece is fucked up bad bro
  • #85,124
  • May 8, 2012 3:51pm May 8, 2012 3:51pm


3:45 PM Syriza party leader Alexis Tsipras is very smart, says the BBC's Paul Mason - "too smart to do something as dumb as take over" in Greece right now. This means another technocratic government will likely be put in place to rubber-stamp decisions made in Brussels until new elections, maybe in June or the Fall. The downward spiral continues

12:31 PM "Our position is unchanged. Aid can only flow if the conditions are met," says a leading German politician, one of several sounding off as Greece flirts with rejecting the bailout terms. On France, one of Merkel's top allies says higher interest rates are a certainty if the country deviates from austerity. He knows this how? Since when have politicians been able to forecast the markets?


12:08 PM New Democracy chief Samaras says he can tolerate a minority government and doesn't wish for the country to have new elections next month. "I will not put my signature to the destruction of Greece," he says, responding to Syriza's demand he revoke his pledge made to Brussels accepting the bailout terms.
  • #85,125
  • May 8, 2012 3:55pm May 8, 2012 3:55pm


4:51 PM The IMF labels appropriate Switzerland's setting of a 1.20 floor on the euro/franc exchange rate, and says it has helped shore up the economy. The fund notes the floor has not really been challenged yet - should that happen and the SNB be forced to respond by printing francs to sop up euros, the resulting monetary expansion could lead to inflation and/or asset bubbles.
  • #85,126
  • May 8, 2012 3:58pm May 8, 2012 3:58pm
bottom line Kill, the major parties deposited their signature on BAILOUT deal.. and without those 2 parties [PASOK, NEA DEMOKRATIA] no one can form a goverment.. so in other words..

I agree .. Tech gov.. and new elections..

short term.. EUR to 1.29-1.26
middle term.. new cartridges and fresh INK..
long term.. IMF taking over with new currency..
  • #85,127
  • May 8, 2012 4:05pm May 8, 2012 4:05pm
yip, still waiting on 2910ish for a proper bounce. if it breaks this, down we go

Quoting kill56
i am still east and dam it waiting for a bounce so lets see if the dog can get 10-20pips other wise i will kick his ass

oh shitt Greece is fucked up bad bro
Disclaimer: Check your 1m charts
  • #85,128
  • May 8, 2012 4:07pm May 8, 2012 4:07pm
Quoting Piters
bottom line Kill, the major parties deposited their signature on BAILOUT deal.. and without those 2 parties [PASOK, NEA DEMOKRATIA] no one can form a goverment.. so in other words..

I agree .. Tech gov.. and new elections..

short term.. EUR to 1.29-1.26
middle term.. new cartridges and fresh INK..
long term.. IMF taking over with new currency..
do u see the 2004-05 level , i think we might see it sooner than what i had in mind 1y to 2 years
  • #85,129
  • May 8, 2012 4:09pm May 8, 2012 4:09pm
Quoting kill56
do u see the 2004-05 level , i think we might see it sooner than what i had in mind 1y to 2 years
2502 is first bro as a biggun
  • #85,130
  • May 8, 2012 4:11pm May 8, 2012 4:11pm
Quoting kill56
do u see the 2004-05 level , i think we might see it sooner than what i had in mind 1y to 2 years
end of this quarter is 1.29, next is the same.. we are going to range. from 1.26 to 1.3 in next few quarters...

no dooms day in Europe... you'll see.. they are going to balance the market with bad news form Europe with bad news from USA, and keep the boat floating.. if [when] necessary, they are going to get us new QE.. that's the plan
  • #85,131
  • May 8, 2012 4:13pm May 8, 2012 4:13pm
Quoting Wulfgar
2502 is first bro as a biggun
sure its, but i am talking about 118 bro 2004 level
  • #85,132
  • May 8, 2012 4:14pm May 8, 2012 4:14pm
Quoting Piters
bottom line Kill, the major parties deposited their signature on BAILOUT deal.. and without those 2 parties [PASOK, NEA DEMOKRATIA] no one can form a goverment.. so in other words..

I agree .. Tech gov.. and new elections..

short term.. EUR to 1.29-1.26
middle term.. new cartridges and fresh INK..
long term.. IMF taking over with new currency..
us ethe dracma at a devalued rate to bring in business - they only have one !
  • #85,133
  • May 8, 2012 4:15pm May 8, 2012 4:15pm
Quoting kill56
sure its, but i am talking about 118 bro 2004 level
oh the year is what u were referrin too.... gotcha brutha...

ill tell ya somethin... if that 1.16 goes.... the EU is gonna hit parity FAST
  • #85,134
  • May 8, 2012 4:15pm May 8, 2012 4:15pm
Quoting cohiba pips
us ethe dracma at a devalued rate to bring in business - they only have one !
short drachmas!!!!
  • #85,135
  • May 8, 2012 4:16pm May 8, 2012 4:16pm
Quoting Piters
end of this quarter is 1.29, next is the same.. we are going to range. from 1.26 to 1.3 in next few quarters...

no dooms day in Europe... you'll see.. they are going to balance the market with bad news form Europe with bad news from USA, and keep the boat floating.. if [when] necessary, they are going to get us new QE.. that's the plan

thats cool love the range u are talking 400pips so not bad to walk the dog in between
  • #85,136
  • May 8, 2012 4:17pm May 8, 2012 4:17pm
Quoting Wulfgar
short drachmas!!!!
we might see some new charts in the next few yrs also - gawd only knows
  • #85,137
  • May 8, 2012 4:17pm May 8, 2012 4:17pm
Quoting cohiba pips
us ethe dracma at a devalued rate to bring in business - they only have one !
very hard to do that mate.. almost impossible..
implementation is very costly.. and no one can actually implement in Greece..

The math is very simple.. the radical coalition cannot form a government.. they need one of the 2 major parties [Pasok or Nea Demokratia], But those 2 parties already signed an obligation with EU with Bailout package including austerity and Privatization of public sector..

so . no cigar ,,

They need a sort of revolution to adjust that monetary change
  • #85,138
  • May 8, 2012 4:23pm May 8, 2012 4:23pm
Quoting cohiba pips
we might see some new charts in the next few yrs also - gawd only knows
I'm all for getting rid of the EUR/CHF pair. Sure...bring on the Drachma!
  • #85,139
  • May 8, 2012 4:26pm May 8, 2012 4:26pm
Quoting kenfen69
I'm all for getting rid of the EUR/CHF pair. Sure...bring on the Drachma!
yeah.. I would like to trade TRY/GRD mate.. that instrument is going to be such a mover..

  • #85,140
  • May 8, 2012 4:26pm May 8, 2012 4:26pm
Quoting Piters
very hard to do that mate.. implementation is very costly.. and no one can actually implement in Greece.. They need a sort of revolution to adjust that monetary change
really out off the question then lol

its a subject we could chat about for some time but im shattered weekend rock catching up - if they stay on this course its going to be slow and painful the islands will stay quiet as well - anyways catch up soon
17 traders viewing now