The Really Useless Thread | Page 4977 | 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

  • #99,521
  • Jul 1, 2012 4:11pm Jul 1, 2012 4:11pm
hard to find confidence in Germany with actions like, If wasnt for germany wouldnt be a euro, looks like they really dont want to run with the dogs but rather piss like a pup. Maybe Greenspans comments hit on the mark Euro "A novel idea" but nothing more LOL
"Millionaires don't use astrology, billionaires do"
  • #99,522
  • Jul 1, 2012 4:16pm Jul 1, 2012 4:16pm
Quoting OrionsWay
hard to find confidence in Germany with actions like, If wasnt for germany wouldnt be a euro, looks like they really dont want to run with the dogs but rather piss like a pup. Maybe Greenspans comments hit on the mark Euro "A novel idea" but nothing more LOL
Big time showdown. Going to be interesting to see the final chapter of the saga unfold.
  • #99,523
  • Jul 1, 2012 4:18pm Jul 1, 2012 4:18pm
Quoting kill56
one for the road

no like the open above 2668, 2733 is closer than 2581

lets see how it gos
Nice short there!

You going back next door? Dayum...you horny this weekend!
  • #99,524
  • Jul 1, 2012 4:19pm Jul 1, 2012 4:19pm
Quoting kenfen69
Humble is good!

Sorry about the head! You're going to have to kick your mate's arse back to Oz!
- he's off tomorrow so had a final ( for now ) party last night , I'm going to ease up on cherryade for a couple of weeks
  • #99,525
  • Jul 1, 2012 4:21pm Jul 1, 2012 4:21pm
Quoting chazzle
GOOD EVENING

my head is a shed right now , but i offer you these humble aussie charts

i reckon a test of lower 200s before an equivalent move up - flat right now though
i don't see anything humble in your chart. looks still sassy to me.
  • #99,526
  • Jul 1, 2012 4:23pm Jul 1, 2012 4:23pm
my friend's Trout post.. all is clear.. I agree 1000%

Quoting Trout
it's really not the summit we fade but the short-covering squeeze...I learned a long time ago to not concern myself w/ the cause, but focus on the effect...the Euro has a very obvious long-term pattern of providing big rallies -- short squeezes -- to enter on, and blistering sell-offs to exit on...
  • #99,527
  • Jul 1, 2012 4:25pm Jul 1, 2012 4:25pm
Quoting kenfen69
Nice short there!

You going back next door? Dayum...you horny this weekend!
pending , like to see where gold and equities will open in 40m ,

40pips weekend gap tempting , extra lube
  • #99,528
  • Jul 1, 2012 4:25pm Jul 1, 2012 4:25pm
Quoting chazzle
- he's off tomorrow so had a final ( for now ) party last night , I'm going to ease up on cherryade for a couple of weeks
cherryade...or cheeryade?

Good times, brother!
  • #99,529
  • Jul 1, 2012 4:26pm Jul 1, 2012 4:26pm
Quoting Piters
my friend Trout's post.. all is clear.. I agree 1000%
Oh...damn straight! A fading I will be.
  • #99,530
  • Jul 1, 2012 4:27pm Jul 1, 2012 4:27pm
Quoting Piters
my friend Trout's post.. all is clear.. I agree 1000%

v wise of him
  • #99,531
  • Jul 1, 2012 4:28pm Jul 1, 2012 4:28pm
Quoting kill56
pending , like to see where gold and equities will open in 40m ,

40pips weekend gap tempting , extra lube
You still have some left? Dayum...no wonder there's a shortage over here!

Your tunnels must be full of it!
  • #99,532
  • Jul 1, 2012 4:29pm Jul 1, 2012 4:29pm
Quoting Piters
my friend's Trout post.. all is clear.. I agree 1000%
Its also a good article. Read it yesterday sometime.
  • #99,533
  • Jul 1, 2012 4:42pm Jul 1, 2012 4:42pm
Quoting kenfen69
Its also a good article. Read it yesterday sometime.
I know mate.. that's all clear.. however he is still missing the point..

The summit decision is that EUR is going to provide money and directly charge the BANKS instead states.. something similar we saw with TARP in US... I am not sure is it a FIX, but I am sure that it is a Quick one..
I remember in past EUR short squeezes can go to 1000pips and more and continue the trend back..

The magical question is where to short from: here? 100p higher? 200 or 1000p..
and why waste those pips? :nerd:

[you see how smart ass I am @monday morning ]
  • #99,534
  • Jul 1, 2012 4:42pm Jul 1, 2012 4:42pm
Quoting pkimnyc
i don't see anything humble in your chart. looks still sassy to me.
hey bro , how you going - good weekend?

btw - does anyone know about using range bars/candles instead of / as well as "time-based" candles ?
  • #99,535
  • Jul 1, 2012 4:53pm Jul 1, 2012 4:53pm
Quoting chazzle
hey bro , how you going - good weekend?

btw - does anyone know about using range bars/candles instead of / as well as "time-based" candles ?
Dear chazzle,

I'll show you how i am using the bars. It's easier to see when it closes higher/lower and also when it stop to cut the high/low...

Best regards,
Pico.
Attached Image (click to enlarge)
Click to Enlarge Name: bars.png Size: 50 KB
  • #99,536
  • Jul 1, 2012 4:55pm Jul 1, 2012 4:55pm
Quoting Piters
I know mate.. that's all clear.. however he is still missing the point..

The summit decision is that EUR is going to provide money and directly charge the BANKS instead states.. something similar we saw with TARP in US... I am not sure is it a FIX, but I am sure that it is a Quick one..
I remember in past EUR short squeezes can go to 1000pips and more and continue the trend back..

The magical question is where to short from: here? 100p higher? 200 or 1000p..
and why waste those pips? :nerd:

[[color=White]you see how smart ass I am @monday...
Sure. December 2008...March 2009...plenty of examples of it, but...always seems to find a way to come back down just as fast...or faster...once it turns.

I'm not remotely interested in position trading EU at the moment, so don't mind which way its going. Even when it is going one way, there are always plenty of pips to be made in the opposite direction. Can't set and forget, but opps are there. I'll certainly Long it...but any fading for me will be looking for the Short move when they're done bleeding everyone out.
  • #99,537
  • Jul 1, 2012 5:01pm Jul 1, 2012 5:01pm
Quoting pico_zeh
Dear chazzle,

I'll show you how i am using the bars. It's easier to see when it closes higher/lower and also when it stop to cut the high/low...

Best regards,
Pico.
thanks mate
  • #99,538
  • Jul 1, 2012 5:07pm Jul 1, 2012 5:07pm
What gap?
  • #99,539
  • Jul 1, 2012 5:09pm Jul 1, 2012 5:09pm
Quoting kenfen69
What gap?
  • #99,540
  • Jul 1, 2012 5:09pm Jul 1, 2012 5:09pm
Off to BBQ number two. This one is just to be polite...show the face.

Catch you in a while.
103 traders viewing now