The Really Useless Thread | Page 4644 | 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

  • #92,861
  • May 31, 2012 8:59am May 31, 2012 8:59am
Quoting pkimnyc
real pain in the ass today.
market as a whole such a sucker in every aspect
Don't be a hero. Don't have an ego. Always question yourself
  • #92,862
  • May 31, 2012 8:59am May 31, 2012 8:59am
got 25, half off. fak it. leaving sl unchanged.
  • #92,863
  • May 31, 2012 9:00am May 31, 2012 9:00am
Quoting USD-Bear
market as a whole such a sucker in every aspect
we definitely have easier time though. today isn't one of em.
  • #92,864
  • May 31, 2012 9:02am May 31, 2012 9:02am
Quoting Mr Hatch
Indication is there, but I think they'll wait for the Irish to cast their vote.
Yeap, that sound like a decent catalyst. I was just waiting for H4 close for the rejection of lows, stops are so tiny that is worth the play before... Let see in a few minutes how it goes. 1.237x held H4 and the micro rejection of h4 lows.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #92,865
  • May 31, 2012 9:04am May 31, 2012 9:04am
Quoting pkimnyc
we definitely have easier time though. today isn't one of em.
gosh... market
  • #92,866
  • May 31, 2012 9:06am May 31, 2012 9:06am
Quoting fxjawn
gosh... market
Farking pain in the ass...
  • #92,867
  • May 31, 2012 9:13am May 31, 2012 9:13am
kill me quickly so i can rip...
  • #92,868
  • May 31, 2012 9:15am May 31, 2012 9:15am
Quoting pkimnyc
real pain in the ass today.
mate.. EU is in such a mess, no one trust no one.. I've seen this when Yugoslavia went apart.. What we are seeing is "workers' vs "parasites" and "we" vs "them". There is no more common values.. to fight for it.. but from what I am seeing is: everyone cut their loses as short is possible.. all tools and methods are available.. I hope we are not going to see Ex-YU conflicts inside Europe..

As we discussed earlier, the Pain and the problem is structural, not only Greece or Piigs.. If you look better you can see that only few countries are contributors and they are manufacturers. China, Germany and few others 3rd world countries.. everything else is trade.. trade to trade.. Shame, Europe has a beautiful concept, but they fail in energy and they failed to develop the other "south" European countries.. Instead, lots of factories are closed now, and outsourced to China, Asia, Brasil..

It is not only a "debt" currently we are seeing in PIIGS countries, but it is actually the sustainability of those countries. The economies are not good enough to finance current expenses, and they are forsed to borrow. they wasted billion of Euros in fake and non-profitable project and now is a PAY-DAY.

The unelected Narcissistic government in EU were so blind to see the glass foundation they are sitting on. An elephant of 500million People market, but fully depended of imported energy.. [Just a reminder only 2 European countries with OIL resources are not part of EURO currency.. - guess WHY ]

Shame.. Shame.. Shame...

What is next.. banks are going to cut each other in Swift or other bank protocol, they are going to ask for some solid collateral, One by one, they are going to introduce a "coupon system" as an internal currency, next you are going to see [PIIGS] companies closing, many employes on street and transferring the whole wealth in Germany, Holland, CH, China, US.. and then Shenzhen is going to fall, Borders, and that's it.. Finito..
  • #92,869
  • May 31, 2012 9:18am May 31, 2012 9:18am
Quoting pkimnyc
kill me quickly so i can rip...
noooo.. you have to sufferrrrrr
  • #92,870
  • May 31, 2012 9:19am May 31, 2012 9:19am
Quoting sisse
Yeap, that sound like a decent catalyst. I was just waiting for H4 close for the rejection of lows, stops are so tiny that is worth the play before... Let see in a few minutes how it goes. 1.237x held H4 and the micro rejection of h4 lows.

sisse
I'm just reading the official document made available for the Irish public... damn, I wish this was more common.
http://www.vote.ie/images/stories/RE...ne_English.pdf
  • #92,871
  • May 31, 2012 9:19am May 31, 2012 9:19am
Quoting Piters
mate.. EU is in such a mess, no one trust no one.. I've seen this when Yugoslavia went apart.. What we are seeing is "workers' vs "parasites" and "we" vs "them". There is no more common values.. to fight for it.. but from what I am seeing is: everyone cut their loses as short is possible.. all tools and methods are available.. I hope we are not going to see Ex-YU conflicts inside Europe..

As we discussed earlier, the Pain and the problem is structural, not only Greece or Piigs.. If you look better you can see that only few countries are...
thanks bro.
  • #92,872
  • May 31, 2012 9:19am May 31, 2012 9:19am
Quoting Piters
noooo.. you have to sufferrrrrr
argggg!!!!
  • #92,873
  • May 31, 2012 9:21am May 31, 2012 9:21am
5 min took it down, let's see if 15 min does the job. 1hr stll looks like more room downstairs.
  • #92,874
  • May 31, 2012 9:21am May 31, 2012 9:21am
read your views about c Legarde the other day too.......nice insight and astute observations. thx

Quote
why no one asking who that lady is? and how she got elected as head of IMF? I am even not asking for her last position as an French finance, when the most of "dark" and "dirty Deals" were made between France and Greece ???

Amazing .. halloo ??
any journalist still alive ??
Quoting Piters
mate.. EU is in such a mess, no one trust no one.. I've seen this when Yugoslavia went apart.. What we are seeing is "workers' vs "parasites" and "we" vs "them". There is no more common values.. to fight for it.. but from what I am seeing is: everyone cut their loses as short is possible.. all tools and methods are available.. I hope we are not going to see Ex-YU conflicts inside Europe..

As we discussed earlier, the Pain and the problem is structural, not only Greece or Piigs.. If you look better you can see that only few countries are...
  • #92,875
  • May 31, 2012 9:25am May 31, 2012 9:25am
Quoting Piters
mate.. EU is in such a mess, no one trust no one.. I've seen this when Yugoslavia went apart.. What we are seeing is "workers' vs "parasites" and "we" vs "them". There is no more common values.. to fight for it.. but from what I am seeing is: everyone cut their loses as short is possible.. all tools and methods are available.. I hope we are not going to see Ex-YU conflicts inside Europe..

As we discussed earlier, the Pain and the problem is structural, not only Greece or Piigs.. If you look better you can see that only few countries are...
mmm....
great essay Pitters, hope though some other ways will be found
Don't be a hero. Don't have an ego. Always question yourself
  • #92,876
  • May 31, 2012 9:25am May 31, 2012 9:25am
Quoting roro53
read your views about c Legarde the other day too.......nice insight and astute observations. thx
thnks.. mate,

many of us here having a short memories..
  • #92,877
  • May 31, 2012 9:26am May 31, 2012 9:26am
Quoting FibbinArchie
of course it always moves after you exit... the bastard...
yeah. but more times then not, we go to 2497 area.
those who can, do. those who cant, talk about those who can
  • #92,878
  • May 31, 2012 9:32am May 31, 2012 9:32am
Quoting sisse
First realistic chance of a pullback intraday with NY. Clearing all short for the monthly roll. H4 trade to 1.245x looks very healthy r:r wise....

GL all this afternoon.

sisse
thinking 2497 is doable (last leg mid). even a 2622 kiss. or the months b/o level 2681
those who can, do. those who cant, talk about those who can
  • #92,879
  • May 31, 2012 9:35am May 31, 2012 9:35am
Quoting USD-Bear
mmm....
great essay Pitters, hope though some other ways will be found
bro, honestly, Im happiest when market is in range.. then I know that the banks at least are in range too..

when volatile, then you fear for banks, for your account, brokers. saving.. ect.. it is all connected..

I believe that almost 80% of US retail brokers deposit their accounts at JPM Chase.. so.. here you go.. you know the story form 1929?

Quote
"when JPM having a sneeze, half of Wall Street jumping out the window"
  • #92,880
  • May 31, 2012 9:39am May 31, 2012 9:39am
Quoting roro53
read your views about c Legarde the other day too.......nice insight and astute observations. thx
just cause she pays no taxes. that don't mean the rest should not pay. all i want to see is assholes and elbows. back to work.
those who can, do. those who cant, talk about those who can
164 traders viewing now