The Really Useless Thread | Page 4674 | 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

  • #93,461
  • Jun 1, 2012 7:44am Jun 1, 2012 7:44am
and aussie bulls could use 9642 again...
Attached Image (click to enlarge)
Click to Enlarge Name: chart4.gif Size: 16 KB
Look Sharp/Trade Tight
  • #93,462
  • Jun 1, 2012 7:46am Jun 1, 2012 7:46am
Quoting FibbinArchie
so is that nfp number..

dumping dollar or risk off flow?????
Good question. In my view, dollar is extremely overbought via risk so it sounds like a decent excuse to sell some dollars on the macroeconomic side (short term btw)

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #93,463
  • Jun 1, 2012 7:46am Jun 1, 2012 7:46am
I've seen/had enough, you guys have a good weekend, back tuesday...good luck, PTL..
Look Sharp/Trade Tight
  • #93,464
  • Jun 1, 2012 7:54am Jun 1, 2012 7:54am
Quoting sisse
Good question. In my view, dollar is extremely overbought via risk so it sounds like a decent excuse to sell some dollars on the macroeconomic side (short term btw)

sisse
what's your take on irish yes vote?
  • #93,465
  • Jun 1, 2012 7:57am Jun 1, 2012 7:57am
Quoting Mr Hatch
and still it has problems

the lower bounce is expected, bulls need to cross and close above the upper one.
And this last test covers all my weekly and monthly range in the euro, nothing to see there for today...

Hatch sorry to re quote me. This was my reply post to you on Monday in our conversation, just to finish my point on S/R we were talking about earlier this week........

sisse

Quoting sisse
Don't have that one on my charts....Got lots of air below the current v timid attempt to form a weak daily S at (1.253x).

[Highlight] Monthly is naked to 1.227x[/highlight] but is end of month (for timing). Strong [Highlight] Weekly[/highlight] S area starts at [Highlight] 1.236x[/highlight] (ends at monthly 1.227x)but nothing in my charts around the lows of the 1.24xx handle[/highlight]

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #93,466
  • Jun 1, 2012 8:00am Jun 1, 2012 8:00am
Quoting gatorinla
b/o should yield 2281 or 2407
probably not over didn't get 2281 yet
those who can, do. those who cant, talk about those who can
  • #93,467
  • Jun 1, 2012 8:01am Jun 1, 2012 8:01am
Quoting sisse
And this last test covers all my weekly and monthly range in the euro, nothing to see there for today...

Hatch sorry to re quote me. This was my reply post to you on Monday in our conversation, just to finish my point on S/R we were talking about earlier this week........

sisse
I agree... better open a bottle, pour a drink and just watch the fight.
I just hope, noone messes up while London is closed early next week.
  • #93,468
  • Jun 1, 2012 8:04am Jun 1, 2012 8:04am
Quoting Mr Hatch
I agree... better open a bottle, pour a drink and just watch the fight.
I just hope, noone messes up while London is closed early next week.
Looks like profit taking intraday. No further momentum with 1.236x holding so as you said euro is out my plans for today. Still there is a few potential trades with NY in the ES. I would prolly open the beer soon after the opening range if none of the trades pans out...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #93,469
  • Jun 1, 2012 8:04am Jun 1, 2012 8:04am
Quoting gatorinla
probably not over didn't get 2281 yet
if 2342 holds now and we get 2281 then 2225/26 is a target
those who can, do. those who cant, talk about those who can
  • #93,470
  • Jun 1, 2012 8:05am Jun 1, 2012 8:05am
Quoting sisse
Looks like profit taking intraday. No further momentum with 1.236x holding so as you said euro is out my plans for today. Still there is a few potential trades with NY in the ES. I would prolly open the beer soon after the opening range if none of the trades pans out...

sisse

gold is soo sweet bro
  • #93,471
  • Jun 1, 2012 8:07am Jun 1, 2012 8:07am
if that happens its sounds like capitulation. the risk is 2366 + very little
those who can, do. those who cant, talk about those who can
  • #93,472
  • Jun 1, 2012 8:10am Jun 1, 2012 8:10am
void 2225/26.. 2281 still valid
those who can, do. those who cant, talk about those who can
  • #93,473
  • Jun 1, 2012 8:13am Jun 1, 2012 8:13am
Quoting kill56
gold is soo sweet bro
Got shaken out yesterday on the break intraday 1560 (bastards). I was tempted in theory to load gold for dollar but I didn't have a proper valid trade to pull the trigger today so missed the train there. 161x.xx looks like a decent target ...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #93,474
  • Jun 1, 2012 8:13am Jun 1, 2012 8:13am
s 2356
those who can, do. those who cant, talk about those who can
  • #93,475
  • Jun 1, 2012 8:16am Jun 1, 2012 8:16am
Quoting PayTheLimit
I've seen/had enough, you guys have a good weekend, back tuesday...good luck, PTL..
later brother...
  • #93,476
  • Jun 1, 2012 8:17am Jun 1, 2012 8:17am
Quoting gatorinla
s 2356
too close to 42 for me
  • #93,477
  • Jun 1, 2012 8:21am Jun 1, 2012 8:21am
Quoting sisse
Got shaken out yesterday on the break intraday 1560 (bastards). I was tempted in theory to load gold for dollar but I didn't have a proper valid trade to pull the trigger today so missed the train there. 161x.xx looks like a decent target ...

sisse
i have a 1634.63 target on gold.. if we break 1600.. something seems fishy atm
those who can, do. those who cant, talk about those who can
  • #93,478
  • Jun 1, 2012 8:21am Jun 1, 2012 8:21am
down, up, down, up.. bit different today...
  • #93,479
  • Jun 1, 2012 8:23am Jun 1, 2012 8:23am
2281 voided. close but no cigar.. but as always the pair has memory
those who can, do. those who cant, talk about those who can
  • #93,480
  • Jun 1, 2012 8:23am Jun 1, 2012 8:23am
got my 372 in the end - p+l a bit warped in the middle due to 2nd spike
Attached Image (click to enlarge)
Click to Enlarge Name: 272.JPG Size: 81 KB
26 traders viewing now