The Really Useless Thread | Page 4824 | 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

  • #96,461
  • Jun 12, 2012 7:33pm Jun 12, 2012 7:33pm
Quoting pkimnyc
oh... thanks. didn't think of that one. lol
yeah well, maybe it escapes you the banks play a dual role here.. Go do some reading and stop trying to be smart.
  • #96,462
  • Jun 12, 2012 7:33pm Jun 12, 2012 7:33pm
Quoting attila
yeah well, maybe it escapes you the banks play a dual role here.. Go do some reading and stop trying to be smart.
lol. kk bro.
  • #96,463
  • Jun 12, 2012 7:35pm Jun 12, 2012 7:35pm
Quoting attila
Here's the complicated part of it all. This is NOT capitalism anymore. They should have let everybody go fuck themselves in 2008. They took away the risk through the bail outs. So now there's only reward. It's a complete fuck up. That simple risk/reward equation has been thrown away and the free market with it.
its never been a free market (except during A Jackson's time(. as long as you got the FED manipulating rates it will never be. a lot of guys out here who think they are great businessmen, traders or whatever. i include myself in this. Are as not as good as they think they are. For instance that leveraged trade account many of us use. would dry up.. gold??? back to under 100.. your house and many jobs.. would deflate pretty quick.
those who can, do. those who cant, talk about those who can
  • #96,464
  • Jun 12, 2012 7:38pm Jun 12, 2012 7:38pm
Quoting pkimnyc
who's gonna move the market then? :o
yeah bro.. easy..

we are going to trade Pork Bellies, and pay for every trade with

PayPall

WesternUnion,

Money Order,

or Cheque..

=================

we may also use some Barter too ..
  • #96,465
  • Jun 12, 2012 7:40pm Jun 12, 2012 7:40pm
pork belly is good.

Inserted Video
those who can, do. those who cant, talk about those who can
  • #96,466
  • Jun 12, 2012 7:41pm Jun 12, 2012 7:41pm
Quoting Piters
yeah bro.. easy..

we are going to trade Pork Bellies, and pay for every trade with

PayPall

WesternUnion,

Money Order,

or Cheque..

=================

we may also use some Barter too ..
completely forgot about those... sowee...
  • #96,467
  • Jun 12, 2012 7:41pm Jun 12, 2012 7:41pm
Quoting gatorinla
pork belly is good.

http://www.youtube.com/watch?v=5EzoM...feature=fvwrel
always...

especially when you are from 'this" side of the bar..
  • #96,468
  • Jun 12, 2012 7:46pm Jun 12, 2012 7:46pm
Quoting gatorinla
its never been a free market (except during A Jackson's time(. as long as you got the FED manipulating rates it will never be. a lot of guys out here who think they are great businessmen, traders or whatever. i include myself in this. Are as not as good as they think they are. For instance that leveraged trade account many of us use. would dry up.. gold??? back to under 100.. your house and many jobs.. would deflate pretty quick.
I completely agree with you. This has not been a free market for a very good while now. It's just that it showed it's true face in 08. Everything is manipulated by the political class and the FED. Truth be told, we were in it too. We liked the artificially low rates, and we loaded ourselves with debt. Fuck it, what's another 50 grand when the mortgage rates are at "historical lows"? And we used that for consumption and life was good. Now the bills are due, and boy everybody screams.

The other problem is we never had a recession. Yes, there was no recession for the type of bubble we had.. Recessions are market's self correcting mechanism and are necessary, just like this stupid price we watch all day long needs retraces in order to continue.

And as long as they don't let the recession run its course there will be no recovery. Problem is they can't do it even if they would want to. The only "solution" is now forced total collapse and start over after that.

Gravity always wins.
  • #96,469
  • Jun 12, 2012 7:56pm Jun 12, 2012 7:56pm
Quoting attila
I completely agree with you. This has not been a free market for a very good while now. It's just that it showed it's true face in 08. Everything is manipulated by the political class and the FED. Truth be told, we were in it too. We liked the artificially low rates, and we loaded ourselves with debt. Fuck it, what's another 50 grand when the mortgage rates are at "historical lows"? And we used that for consumption and life was good. Now the bills are due, and boy everybody screams.

The other problem is we never had a recession. Yes, there...
Quote
The only "solution" is now forced total collapse and start over after that.

including you: loosing your car, house, job.. your family too ??

see mate.. it is a spiral.. and dont think that the guys Up there in your government are not seeing that..

They do...

We can sit here and discuss academically, but life, jobs on million peoples are on line here..

No one asking a questions:

-How come.. US had so great economy back in '80, which every familly with 1-2 SUV's or other 12cyl cars ??
-Easy and cheap houses
-Easy loans..
-travel all around the word..??
-feel "special"

Any "parallels" with Greece and Greek Peoples ? Answer yourself..

and Yes...

regards the BANKS.. just a question ??
How you are going to pay for your Chinese Iphone in Barter ???
  • #96,470
  • Jun 12, 2012 8:03pm Jun 12, 2012 8:03pm
I know the answer, and you are right. Unfortunately, I had no saying in it, and still don't. We will all suffer, me included.. It's just the way it is... You see "they" have no choice now but to continue to inflate it. But they can only inflate it so much before it all goes to shit. We all know that..

Look what they do in Europe, and they are running out of options. Same here in the U.S. Wait for the big ones to hit.. the unfunded liabilities.. then the real circus will start.

As I told gator. We were complicit in it, and we liked the new (unearned) houses and cars..

Quoting Piters
including you: loosing your car, house, job.. your family too ??

see mate.. it is a spiral.. and dont think that the guys Up there in your government are not seeing that..

They do...

We can sit here and discuss academically, but life, jobs on million peoples are on line here..

No one asking a questions:

-How come.. US had so great economy back in '80, which every familly with 1-2 SUV's or other 12cyl cars ??
-Easy and cheap houses
-Easy loans..
-travel all around the word..??
-feel "special"

Any "parallels" with Greece...
  • #96,471
  • Jun 12, 2012 8:05pm Jun 12, 2012 8:05pm
Quoting attila
I completely agree with you. This has not been a free market for a very good while now. It's just that it showed it's true face in 08. Everything is manipulated by the political class and the FED. Truth be told, we were in it too. We liked the artificially low rates, and we loaded ourselves with debt. Fuck it, what's another 50 grand when the mortgage rates are at "historical lows"? And we used that for consumption and life was good. Now the bills are due, and boy everybody screams.

The other problem is we never had a recession. Yes, there was...
what happened on 2008 will take 20+ years to run its course and many wars. imagine 23 pb oil... go back just a few years. it was there.. then we got an oil man.. and a total system failure. since the 6 day war the u.s. choose sides and we pay a premium for oils every day. all economic slow downs since 1970 started with high oil in the u.s. we have yet to pay the cc bills, of the tanks filled, when oil was 147pb... in reality the price of oil at 82 bucks is a big fucken lie. add in the last few wars and then for the hell of it ww2... another unpaid bill.. and the true cost is thousands per barrel + lots of blood.
if we let things go to a true free market the suadis prince head would be hanging on a fence post. when we truly let it be free.. many wars will start.
those who can, do. those who cant, talk about those who can
  • #96,472
  • Jun 12, 2012 8:14pm Jun 12, 2012 8:14pm
It's my fear too.. There will be a lot of turmoil in order to settle the anomalies our governments and "we the people" created. People will die and what's worse they will have no idea why that happened.. They will think they are heroes but that will not be it. Maybe wars are the market's extreme self correcting mechanism.. I don't know.. I hope not..

Quoting gatorinla
what happened on 2008 will take 20+ years to run its course and many wars. imagine 23 pb oil... go back just a few years. it was there.. then we got an oil man.. and a total system failure. since the 6 day war the u.s. choose sides and we pay a premium for oils every day. all economic slow downs since 1970 started with high oil in the u.s. we have yet to pay the cc bills, of the tanks filled, when oil was 147pb... in reality the price of oil at 82 bucks is a big fucken lie. add in the last few wars and then for the hell of it ww2... another unpaid...
  • #96,473
  • Jun 12, 2012 8:23pm Jun 12, 2012 8:23pm
Quoting attila
It's my fear too.. There will be a lot of turmoil in order to settle the anomalies our governments and "we the people" created. People will die and what's worse they will have on idea why that happened.. They will think they are heroes but that will not be it. Maybe wars are the market's extreme self correcting mechanism.. I don't know.. I hope not..
ytf would we think we are so special? wars are a correction. we have fought since recorded time. why would it stop now? we are the ancestors of the strong or smart. we are the ancestors of murders rapist and thieves. our ancestors ate the heart and chewed the bones of the ones they killed. because of that, you and i are able to trade tonight.
those who can, do. those who cant, talk about those who can
  • #96,474
  • Jun 12, 2012 8:27pm Jun 12, 2012 8:27pm
Quoting gatorinla
ytf would we think we are so special? wars are a correction. we have fought since recorded time. why would it stop now? we are the ancestors of the strong or smart. we are the ancestors of murders rapist and thieves. our ancestors ate the heart and chewed the bones of the ones they killed. because of that, you and i are able to trade tonight.
yep. It's exactly how it goes. We just like to pretend we're something else.. That's why the benz and BMWs sell at a premium.. To tell you the truth, fuck everything. It's all bull shit. Fucking blue pill..lol.
  • #96,475
  • Jun 12, 2012 8:29pm Jun 12, 2012 8:29pm
Quoting attila
yep. It's exactly how it goes. We just like to pretend we're something else.. That's why the benz and BMWs sell at a premium.. To tell you the truth, fuck everything. It's all bull shit. Fucking blue pill..lol.
give a man a gold bar.. and he wants 2.
those who can, do. those who cant, talk about those who can
  • #96,476
  • Jun 12, 2012 8:47pm Jun 12, 2012 8:47pm
Quoting gatorinla
give a man a gold bar.. and he wants 2.
............ and never give one to a woman.
The Thief of Wall Street
  • #96,477
  • Jun 12, 2012 9:08pm Jun 12, 2012 9:08pm
Quoting Chicky
............ and never give one to a woman.
a man or a gold bar?
those who can, do. those who cant, talk about those who can
  • #96,478
  • Jun 12, 2012 9:16pm Jun 12, 2012 9:16pm
Quoting gatorinla
if we get below 2481 we will probably go to 2451.. st candles can lie.. in any case i may still have the chance to long near 2451 or less.. this don't affect 2582 setup.

to stop 81, is a little um at 2482.. so -81 has a condom. depending on not, what 82 does since its a support
surgical here.. entry below 51 w/o getting lower then 43 st figures only.. we have support at 2432 so below 32 support is broken... below 2443 says we will hit 2374.5... breaking 2431 will break 2816.5 target.. so surgical (2432/34 is not a bs support)

long is between 2451 and 2443.. depending on u.. stops can be just below 2443 or 2432..... the st if and only is 2443 is broken for 2374. has a hurdle on a bigger tf at 2432... so it may not break.. we also have several bull targets starting at 2582... all already posted earlier.
those who can, do. those who cant, talk about those who can
  • #96,479
  • Jun 12, 2012 9:23pm Jun 12, 2012 9:23pm
Quoting gatorinla
on the bull side it indicated on the small tf to go to 2582... purple box in this chart is a place that may ne the place to look. (it donr have to get here) but the r/r is better here w/o getting below 2443.... (st only)) on a bigger chart that's 2431.... the smaller chart is indicating my entry's near 2432 will not be hit.. so i will try to long using this chart and levels here. with the first target to me 2582 ... after that we can pullback or not... as long as 2531 its bullish after and on a little bigger tf 2282... with targets at 2582 2816.5...
same chart but i changed the color.. click the post and it may help.

all normal so far,, a good place to place a trade normal wise.. but i have a small one indicating 2451... i hope its not lying
Attached Image
those who can, do. those who cant, talk about those who can
  • #96,480
  • Jun 12, 2012 9:43pm Jun 12, 2012 9:43pm
Quoting gatorinla
same chart but i changed the color.. click the post and it may help.

all normal so far,, a good place to place a trade normal wise.. but i have a small one indicating 2451... i hope its not lying
its not
166 traders viewing now