The Really Useless Thread | Page 5018 | 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

  • #100,341
  • Jul 6, 2012 9:07am Jul 6, 2012 9:07am
Quoting gatorinla
just yanking some chains.. i am still short.. i should close. and let the bounce happen
I 'should' too. Seems like every time I do though, we run another 150-200 pips. I closed two-thirds yesterday at 1.2485

It feels good to bank profit until your realize you could have banked 2x by doing nothing.

Oh well.
check out my blog: forexmademillionaire dot com
  • #100,342
  • Jul 6, 2012 9:07am Jul 6, 2012 9:07am
even if we do break 2284 a bounce after b/o is a norm thing. i have a high today at 2404- the norm atr of about 120 pips.. puts us at 2284.. so below 2284 besides being a support is also atr..
those who can, do. those who cant, talk about those who can
  • #100,343
  • Jul 6, 2012 9:14am Jul 6, 2012 9:14am
Quoting gatorinla
even if we do break 2284 a bounce after b/o is a norm thing. i have a high today at 2404- the norm atr of about 120 pips.. puts us at 2284.. so below 2284 besides being a support is also atr..
i would like to see 2280's befor longs , now a close below will open 1180
  • #100,344
  • Jul 6, 2012 9:15am Jul 6, 2012 9:15am
Quoting Geppy
I 'should' too. Seems like every time I do though, we run another 150-200 pips. I closed two-thirds yesterday at 1.2485

It feels good to bank profit until your realize you could have banked 2x by doing nothing.

Oh well.
i got a tp at 2290.. even if we go below.. we usully bounce.. so i should have a new chance to short. if not im up 50%+ on one acount and 30% on another. if i closed right now.. at 2290 i havent done the math.
those who can, do. those who cant, talk about those who can
  • #100,345
  • Jul 6, 2012 9:24am Jul 6, 2012 9:24am
Quoting gatorinla
i got a tp at 2290.. even if we go below.. we usully bounce.. so i should have a new chance to short. if not im up 50%+ on one acount and 30% on another. if i closed right now.. at 2290 i havent done the math.
Yeah I hear ya. I'm just more inclined to wait the bounce out and short more into it... just my style
check out my blog: forexmademillionaire dot com
  • #100,346
  • Jul 6, 2012 9:26am Jul 6, 2012 9:26am
Quoting Geppy
Yeah I hear ya. I'm just more inclined to wait the bounce out and short more into it... just my style
if it werent for the atr i may have aready closed. its friday and near e-close. #100304 i have a pending long 2286 with tight stops.
those who can, do. those who cant, talk about those who can
  • #100,347
  • Jul 6, 2012 9:53am Jul 6, 2012 9:53am
not a fan of a stall this time of day.. if we get to 2316 now, before going lower. theres a good chance of reaching 2330
its near e-close time
those who can, do. those who cant, talk about those who can
  • #100,348
  • Jul 6, 2012 9:59am Jul 6, 2012 9:59am
Quoting Chillypiper
Had to jump in and waiting to see here..GL!
stopped out on the NAS100s.....took 55

very nice call Chilly. kudos
  • #100,349
  • Jul 6, 2012 10:14am Jul 6, 2012 10:14am
it's boring already... all done, better go to grocery store and gym
Attached Image (click to enlarge)
Click to Enlarge Name: 580886_388019114592974_1288608746_n.jpg Size: 110 KB
I don't want a job, i want money!
  • #100,350
  • Jul 6, 2012 10:18am Jul 6, 2012 10:18am
slow london closing will the US do it lets see

es 1330's in sight may be not today but sure monday ,

i will keep some for the road with g sl gl bastards lube well
  • #100,351
  • Jul 6, 2012 10:21am Jul 6, 2012 10:21am
Quoting roro53
stopped out on the NAS100s.....took 55

very nice call Chilly. kudos
Well it was fun while it last I guess....still well done.

ES losing interest in holding the break for the weekly close. 1340x wide open for today. 1352xx only level to track for the close for the pullback confirmation across world equities.

Clearing all across the board in an boring average week with unidirectional ECB/NFP reaction combo that didn't give much across the board and in the euro didn't allow any pullbacks after the break for even try an entry...only those who ride the euro from the top enjoyed the ride so well done....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #100,352
  • Jul 6, 2012 10:22am Jul 6, 2012 10:22am
Quoting roro53
stopped out on the NAS100s.....took 55

very nice call Chilly. kudos

whats op not bad man they add

chill the will is the man pink bott too

for the road in case
Attached Image
  • #100,353
  • Jul 6, 2012 10:22am Jul 6, 2012 10:22am
Quoting roro53
stopped out on the NAS100s.....took 55

very nice call Chilly. kudos
Thank's Mate.Glad you got some.. I'm flat EU holding uppers on AU...Have a good weekend...

Have a Good Weekend All!

Thanks Gator for this morning advice..

I'm OUT!
  • #100,354
  • Jul 6, 2012 10:30am Jul 6, 2012 10:30am
Quoting Chillypiper
Thank's Mate.Glad you got some.. I'm flat EU holding uppers on AU...Have a good weekend...

Have a Good Weekend All!

Thanks Gator for this morning advice..

I'm OUT!

enjoy bro well done
  • #100,355
  • Jul 6, 2012 10:38am Jul 6, 2012 10:38am
last one with atr
Attached Image (click to enlarge)
Click to Enlarge Name: 4heur1.gif Size: 25 KB
  • #100,356
  • Jul 6, 2012 10:46am Jul 6, 2012 10:46am
Just the usual chart updated when a major target in play. This time on the on the quarterly.

Nov 2011 post vs Jul 2012. For what is worth quarterly chart update before and after like always ....and for those who like studying PA and who have asked me via PM about exploring TA/FA trading....I hope it helps.

Quoting sisse
[nov11] I have some strong Support before 1.23xx which is also a FA Support [highlight](rate differentials and inflation)[/highlight]. I keep my view since Q3/2011 quarterly close.......]

For what is worth quarterly chart update before and after like always...
Also a quick H4 update to for the roll after ECB/NFP combo...

sisse
Attached Image(s) (click to enlarge)
Click to Enlarge Name: quarterly2311.png Size: 29 KB
Click to Enlarge Name: Quarterly067012.jpg Size: 92 KB
Click to Enlarge Name: h4060712.jpg Size: 94 KB
Pending conversations? PM for a chat...I am mainly in OTM now
  • #100,357
  • Jul 6, 2012 10:58am Jul 6, 2012 10:58am
2962-2624=338
338-2624=2286
338/2=169
2286+169=2455
2286-169=2117
2286-338=1948
those who can, do. those who cant, talk about those who can
  • #100,358
  • Jul 6, 2012 10:59am Jul 6, 2012 10:59am
my tp hit. 400+ pips since 2690.... i did close but re-enterd at a better price.. long with a tight stop
those who can, do. those who cant, talk about those who can
  • #100,359
  • Jul 6, 2012 11:01am Jul 6, 2012 11:01am
Nearly there to MACD support
Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 401 KB
Disclaimer: Check your 1m charts
  • #100,360
  • Jul 6, 2012 11:02am Jul 6, 2012 11:02am
Quoting gatorinla
my tp hit. long with a tight stop
Fresh yearly lows (2 years actually lows). GL I really respect you when you step in like that. I see what you mean and I agree why but I really won't take a trade in the ultimate low with fresh yearly lows...

V GL and respect...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
254 traders viewing now