The Really Useless Thread | Page 4675 | 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

  • #93,481
  • Jun 1, 2012 8:24am Jun 1, 2012 8:24am
Quoting Mr Hatch
too close to 42 for me
dont know.. but something seems fishy.. like cb are in here.
those who can, do. those who cant, talk about those who can
  • #93,482
  • Jun 1, 2012 8:25am Jun 1, 2012 8:25am
Lol. Funny as hell. Job number, pay number both look very horrible and they buying....
  • #93,483
  • Jun 1, 2012 8:26am Jun 1, 2012 8:26am
i forgot about nfp
those who can, do. those who cant, talk about those who can
  • #93,484
  • Jun 1, 2012 8:28am Jun 1, 2012 8:28am
Quoting gatorinla
i have a 1634.63 target on gold.. if we break 1600.. something seems fishy atm
Yeap I have +/- the same at 1639.xx.

However monthly close held big time the break down. Is entering in chop zone (in major Tfs) and that 1639 is the pivotal point in the chop zone which if broken will propel this non stop to the top of the chop zone (range) 1737.xx with intermediate stops at 1662.xx. If hold we will have noise for a long time...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #93,485
  • Jun 1, 2012 8:28am Jun 1, 2012 8:28am
Let's see, first stop 2500.
  • #93,486
  • Jun 1, 2012 8:29am Jun 1, 2012 8:29am
2407 was the mirror of 2281
those who can, do. those who cant, talk about those who can
  • #93,487
  • Jun 1, 2012 8:30am Jun 1, 2012 8:30am
Quoting sisse
Yeap I have +/- the same at 1639.xx.

However monthly close hold big time the break down. Is entering in chop zone (in major Tfs) and that 1639 is the pivotal point in the chop zone which if broken will propel this non stop to the top of the chop zone (range) 1737.xx with intermediate stops at 1662.xx. If hold we will have noise for a long time...

sisse
yeah nfp and the talking heads will qe us to death. but a trend is a trend.
those who can, do. those who cant, talk about those who can
  • #93,488
  • Jun 1, 2012 8:32am Jun 1, 2012 8:32am
think the bounce after the 2nd spike down triggered big short covering
  • #93,489
  • Jun 1, 2012 8:37am Jun 1, 2012 8:37am
80 so far, taking half off. Entry based on 1 min chart. Missed initial 15 min entry. Spread too was too high plus news spread....
  • #93,490
  • Jun 1, 2012 8:39am Jun 1, 2012 8:39am
Quoting chazzle
think the bounce after the 2nd spike down triggered big short covering
Either that, a stop hunt, size of lower wicks on 2 bars in 15 min was a hint.
  • #93,491
  • Jun 1, 2012 8:39am Jun 1, 2012 8:39am
Quoting gatorinla
yeah nfp and the talking heads will qe us to death. but a trend is a trend.
Nice move in the euro...easy come easy goes. Lots of air in between and the last leg down didn't leave any marks. Last break out point in the euro in play.

ES key for the next few weeks. Is barely holding the lows at a key Q/M/W/D support to make the US join the party to the down side...

Btw, Lots of rumors around on potential coordinated action across the world to inject liquidity during this weekend....back to Lehman, back to November 2011....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #93,492
  • Jun 1, 2012 8:40am Jun 1, 2012 8:40am
Quoting gatorinla
out for 9.. looking to s 2455/65 area. could be a nice bounce from 2309 ish.. so i wont hold s much past 2465
pending hit at 2457
those who can, do. those who cant, talk about those who can
  • #93,493
  • Jun 1, 2012 8:48am Jun 1, 2012 8:48am
Quoting sisse
Nice move in the euro...easy come easy goes. Lots of air in between and the last leg down didn't leave any marks. Last break out point in the euro in play.

ES key for the next few weeks. Is barely holding the lows at a key Q/M/W/D support to make the US join the party to the down side...

Btw, Lots of rumors around on potential coordinated action across the world to inject liquidity during this weekend....back to Lehman, back to November 2011....

sisse
i wanna close my s now.. but 2281 was not hit. and the pair has memory
those who can, do. those who cant, talk about those who can
  • #93,494
  • Jun 1, 2012 8:48am Jun 1, 2012 8:48am
would expect another little drive higher to test at 405ish
  • #93,495
  • Jun 1, 2012 8:54am Jun 1, 2012 8:54am
Quoting chazzle
would expect another little drive higher to test at 405ish
in long risk 10 for 20
  • #93,496
  • Jun 1, 2012 8:55am Jun 1, 2012 8:55am
Quoting gatorinla
i wanna close my s now.. but 2281 was not hit. and the pair has memory
Well I don't see any sign of the trend changing. Just profit taking on a unsustainable TA slope. This is a monthly support so there is plenty of time. If you wanna go to the "ultimate level" area in the S zone, I got 1.223x in Quarterly but is in play from later this month....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #93,497
  • Jun 1, 2012 8:56am Jun 1, 2012 8:56am
b.e.
Attached Image
those who can, do. those who cant, talk about those who can
  • #93,498
  • Jun 1, 2012 8:57am Jun 1, 2012 8:57am
Quoting chazzle
in long risk 10 for 20
nope
  • #93,499
  • Jun 1, 2012 8:57am Jun 1, 2012 8:57am
Quoting sisse
Well I don't see any sign of the trend changing. Just profit taking on a unsustainable TA slope. This is a monthly support so there is plenty of time. If you wanna go to the "ultimate level" area in the S zone, I got 1.223x in Quarterly but is in play from later this month....

sisse
2225/26 came up before spike. indicated by st pa.. ??????????????? who tf knows.
those who can, do. those who cant, talk about those who can
  • #93,500
  • Jun 1, 2012 9:05am Jun 1, 2012 9:05am
Quoting gatorinla
2225/26 came up before spike. indicated by st pa.. ??????????????? who tf knows.
...well it has been there since the trend reversed with reversal candle in July 2011. Quarterly chart update before the last Q month.

sisse
Attached Image (click to enlarge)
Click to Enlarge Name: Qurterly01062012.png Size: 32 KB
Pending conversations? PM for a chat...I am mainly in OTM now
5 traders viewing now