The Really Useless Thread | Page 4897 | 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

  • #97,921
  • Jun 25, 2012 8:30am Jun 25, 2012 8:30am
Quoting USD-Bear
Long @ 99.60
added a long @ 99.20
Don't be a hero. Don't have an ego. Always question yourself
  • #97,922
  • Jun 25, 2012 8:42am Jun 25, 2012 8:42am
k
Attached Image (click to enlarge)
Click to Enlarge Name: yen.PNG Size: 23 KB
those who can, do. those who cant, talk about those who can
  • #97,923
  • Jun 25, 2012 8:45am Jun 25, 2012 8:45am
Quoting USD-Bear
added a long @ 99.20
I have been tracking EJ too ....Very aggressive buying mate ...where are you aiming? I mean what TFs.

Still trading in last break down area (monthly/weekly) at all time lows area and the rejection of swing low is not completed until the Q close in my books (definitively tempting option for longs after) .... I got 0.989x as feeble Daily Support and the test of key lows Support at 0.971x wide open before the summit....below well is just air as is all virgin levels....

GL mate ... I may join you later.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #97,924
  • Jun 25, 2012 9:04am Jun 25, 2012 9:04am
Quoting sisse
I have been tracking EJ too ....Very aggressive buying mate ...where are you aiming? I mean what TFs.

Still trading in last break down area (monthly/weekly) at all time lows area and the rejection of swing low is not completed until the Q close in my books (definitively tempting option for longs after) .... I got 0.989x as feeble Daily Support and the test of key lows Support at 0.971x wide open before the summit....below well is just air as is all virgin levels....

GL mate ... I may join you later.

sisse
Hi sisse, yes it's aggressive, aiming at EU 1.30 and UJ 84 whatever it means for EJ, bailing expected @ 99 for next level @ 95.70 for a possible retry.
Things are developing as expected except the retrace of UJ which is a bit more then I expected, would have liked current levels a bit nearer to summit but that being not the case, let's see....
Don't be a hero. Don't have an ego. Always question yourself
  • #97,925
  • Jun 25, 2012 10:23am Jun 25, 2012 10:23am
Quoting USD-Bear
Hi sisse, yes it's aggressive, aiming at EU 1.30 and UJ 84 whatever it means for EJ, bailing expected @ 99 for next level @ 95.70 for a possible retry.
Things are developing as expected except the retrace of UJ which is a bit more then I expected, would have liked current levels a bit nearer to summit but that being not the case, let's see....
I see. I have an untested 1.295x in the Euro. The "corresponding" level in EJ could be 104.55 in my charts .... obviously it all depends on clearing debt crisis for the summer on the Q roll (kicking the can or anything else except collapse).

Early signs on the bond markets are on retreat but not out the woods yet. Portugal 10yrs breaking below 10% for the 1st time in more than a year is a good sign. If Spanish and Italian retrace below 6 with a "good" EU summit I think we may got enough power as soon as TA aligns in the weekly charts....

We'll see and GL

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #97,926
  • Jun 25, 2012 3:35pm Jun 25, 2012 3:35pm
What's going on with this thread?...

Anyway, as flawed as the yuro is, the alternative could be much worse.. My opinion is they will do anything(even the unthinkable inflation in Germany) to hold it together. I don't think money is important anymore...

http://www.spiegel.de/international/...-a-840634.html
  • #97,927
  • Jun 25, 2012 3:38pm Jun 25, 2012 3:38pm
Quoting attila
What's going on with this thread?...

Anyway, as flawed as the yuro is, the alternative could be much worse.. My opinion is they will do anything to hold it together. I don't think money is important anymore...

http://www.spiegel.de/international/...-a-840634.html
yes tell me.....
Without sisse's priceless FA, not much I guess....
btw agree on that
Don't be a hero. Don't have an ego. Always question yourself
  • #97,928
  • Jun 25, 2012 3:40pm Jun 25, 2012 3:40pm
Quoting USD-Bear
yes tell me.....
Without sisse's priceless FA, not much I guess....
btw agree on that
yeah, the article is pretty sobering for both Northern and Southern countries..
  • #97,929
  • Jun 25, 2012 6:22pm Jun 25, 2012 6:22pm
Quoting gatorinla
k
k, as we talked about.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: usdx cam.PNG Size: 23 KB
Click to Enlarge Name: yen.PNG Size: 23 KB
those who can, do. those who cant, talk about those who can
  • #97,930
  • Jun 25, 2012 6:58pm Jun 25, 2012 6:58pm
baby pa wants 2523 min.. but we may pass 2565 ect. mt pa still wants 2816 and 2962 min.. but lt pa is in the way. 4h candles rolled to the bulls.. bears still on the others.
Attached Image (click to enlarge)
Click to Enlarge Name: usdx cam.PNG Size: 42 KB
those who can, do. those who cant, talk about those who can
  • #97,931
  • Jun 25, 2012 7:03pm Jun 25, 2012 7:03pm
Quoting gatorinla
baby pa wants 2523 min.. but we may pass 2565 ect. mt pa still wants 2816 and 2962 min.. but lt pa is in the way. 4h candles rolled to the bulls.. bears still on the others.
as 2521 is respected. 2547 and 73 would be also if 2766 was on pa's radar. 2328/2766 has a mid at 2547.3.. its pivotal for bears verse bulls. mid of the previous st leg is 2650 ish.. if we were to cross 2573 with close after starting below (in a single candle) 2521.. bull r here.
those who can, do. those who cant, talk about those who can
  • #97,932
  • Jun 25, 2012 7:29pm Jun 25, 2012 7:29pm
Quoting gatorinla
k, as we talked about.
Got it, g-man.

Going to try and work my way back through higher TF's to see how you got there. It'll help me going forward with this. Will send you a chart to see if I'm close...or exact, hopefully. May be slight differences from broker levels, though, but other than that...is either right...or it ain't!
  • #97,933
  • Jun 25, 2012 7:41pm Jun 25, 2012 7:41pm
Quoting attila
What's going on with this thread?...
Its method acting...bleeding out like a wounded Euro!

Kind of a shame to see so little activity...miss seeing a lot of the regular heads about. Went to get "caught up" today...and think I had to read THREE pages!?! That used to take one 30 minute candle to print...NOT several dailies!

So be it. I really have my hands full at the moment...very little time to be here as much as normal. Perhaps others are in the same situation? I'm sure it'll pick up again at some point. Nice to see a few other people posting...Geppy...welcome, mate. Nice analysis, charts and some fine looking trades of late! Normally isn't this quiet...hope you stick around.
  • #97,934
  • Jun 25, 2012 7:46pm Jun 25, 2012 7:46pm
G M

same levels same play west still for salvation unless we close below 2420's
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 4heur.gif Size: 25 KB
Click to Enlarge Name: 4heur1.gif Size: 29 KB
Click to Enlarge Name: 4heur2.gif Size: 19 KB
Click to Enlarge Name: 4heur3.gif Size: 43 KB
  • #97,935
  • Jun 25, 2012 7:48pm Jun 25, 2012 7:48pm
Quoting kill56
G M

same levels same play west still for salvation unless we close below 2420's


I thought the weeds ate you! Or the camels ate the weeds and fell asleep on you!

Nice views, killer!
  • #97,936
  • Jun 25, 2012 7:49pm Jun 25, 2012 7:49pm
Quoting kill56
G M

same levels same play west still for salvation unless we close below 2420's
Where do I find "ATR % Levels" in the graveyard? Recent addition?
  • #97,937
  • Jun 25, 2012 7:50pm Jun 25, 2012 7:50pm
Quoting kill56
...west still for salvation...


What happened to east?
  • #97,938
  • Jun 25, 2012 7:51pm Jun 25, 2012 7:51pm
Quoting kenfen69
Nice to see a few other people posting...Geppy...welcome, mate. Nice analysis, charts and some fine looking trades of late! Normally isn't this quiet...hope you stick around.

Thanks, Ken!

I'm almost always here, just usually one of the quiet ones. I actually used to hang out silently at the EUR/USD thread, but it's utter garbage in there and it drove me to stop posting on the forums all-together.

Then I drifted to the useless thread... oh, what a breathe of fresh air it has been for an FF thread! The much better analysis and actual insights here have inspired me to post more.

I still think we're consolidating at these levels for another push down. The 4H and daily are both bearish, but both need some time to breathe. Regardless, I'm still holding shorts and won't bail out unless we pop through 1.2575ish to the upside.
check out my blog: forexmademillionaire dot com
  • #97,939
  • Jun 25, 2012 8:00pm Jun 25, 2012 8:00pm
Quoting kenfen69
Where do I find "ATR % Levels" in the graveyard? Recent addition?
here u go and more at the grave yard but this one is ok working on some i will post when finsh
Attached File(s)
File Type: mq4 ATR Levels.mq4   6 KB | 239 downloads
  • #97,940
  • Jun 25, 2012 8:03pm Jun 25, 2012 8:03pm
Quoting kenfen69


What happened to east?
gone with the wind for now unless u are walking the dog for some with mochoo lube
151 traders viewing now