The Really Useless Thread | Page 5104 | 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

  • #102,061
  • Jul 17, 2012 12:23am Jul 17, 2012 12:23am
Quoting kenfen69
EA? Took a smackdown from it.
i am long ea stops below 1923.. i am not bullish.. i just know 1923 has a condom.. its holding back the LL to 1787 target. so i am playing the bounce here.
those who can, do. those who cant, talk about those who can
  • #102,062
  • Jul 17, 2012 12:25am Jul 17, 2012 12:25am
Quoting fxjawn
id like to short for a target of 2247 and look for another long again maybe just see how it looks when we get there
Could have a pending 1hr MA collision ( 200/100/50) around 2255 w/ last swing 38.2 confluancy too......Currently short and dont think Bens going to help the greenback...Dump and pump..!??!...
  • #102,063
  • Jul 17, 2012 12:26am Jul 17, 2012 12:26am
Quoting fxjawn
eu the ceiling its the 1hr 200ema or the 15m 800 ema..

it held it well now its comming off of it...

i went short the rejections and targeting the 15m 200 ema
On it now...nice, nice. Had my wrong EU window in the foreground.

Could be a nice play!

EA bumped off the H1 50ema.
  • #102,064
  • Jul 17, 2012 12:29am Jul 17, 2012 12:29am
Quoting gatorinla
i am long ea stops below 1923.. i am not bullish.. i just know 1923 has a condom.. its holding back the LL to 1787 target. so i am playing the bounce here.
Nice play!

Still have a short on (+95)...tempted to long it as well, though. Could be a nice hundred pips on a W.
  • #102,065
  • Jul 17, 2012 12:29am Jul 17, 2012 12:29am
Quoting Geppy
1.2247 (stated in your earlier post) is also ~50% fibo retracement from the most recent move up... I dig it.
nice thanks bro... i like to use the ema's alot... all the stuff seems to line up with fibo's quite often so it makes them even stronger..

see the rejection off the 15m 800 ema here. which is obviously the 1hr 200...

so my short was that rejection and the target down at the 200 which is also the 50 fibo.. so it works out great when more than one thing lines up..

price plays Pong with these Ema's all day every day
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 92 KB
  • #102,066
  • Jul 17, 2012 12:30am Jul 17, 2012 12:30am
Quoting kenfen69
On it now...nice, nice. Had my wrong EU window in the foreground.

Could be a nice play!

EA bumped off the H1 50ema.
i posted a chart for u bro
  • #102,067
  • Jul 17, 2012 12:31am Jul 17, 2012 12:31am
Quoting Chillypiper
Could have a pending 1hr MA collision ( 200/100/50) around 2255 w/ last swing 38.2 confluancy too......Currently short and dont think Bens going to help the greenback...Dump and pump..!??!...
You'd have to think Frankie and LO wouldn't mind a better entry.

Hope you're well, mate!
  • #102,068
  • Jul 17, 2012 12:32am Jul 17, 2012 12:32am
Quoting fxjawn
nice thanks bro... i like to use the ema's alot... all the stuff seems to line up with fibo's quite often so it makes them even stronger..

see the rejection off the 15m 800 ema here. which is obviously the 1hr 200...

so my short was that rejection and the target down at the 200 which is also the 50 fibo.. so it works out great when more than one thing lines up..

price plays Pong with these Ema's all day every day
shut up bro!! you letting the secrets out. big sharks not gonna like people using this shit. they gotta figure out their own.
  • #102,069
  • Jul 17, 2012 12:33am Jul 17, 2012 12:33am
Quoting fxjawn
i posted a chart for u bro
  • #102,070
  • Jul 17, 2012 12:34am Jul 17, 2012 12:34am
Quoting pkimnyc
shut up bro!! you letting the secrets out. big sharks not gonna like people using ma. they gotta figure out their own.
It was YOU!?! You dirty bastard!
  • #102,071
  • Jul 17, 2012 12:34am Jul 17, 2012 12:34am
Quoting kenfen69
It was YOU!?! You dirty bastard!
oh shit!
  • #102,072
  • Jul 17, 2012 12:34am Jul 17, 2012 12:34am
Quoting pkimnyc
wavers might call it an ending diagonal, others call it a wedge. whatever they wanna call it, either reversal or pull back is imminent.
GM ...

lol.. are you bragging mate ??

[Chart]
Attached Image (click to enlarge)
Click to Enlarge Name: eur101.gif Size: 58 KB
  • #102,073
  • Jul 17, 2012 12:35am Jul 17, 2012 12:35am
Quoting kenfen69
Nice play!

Still have a short on (+95)...tempted to long it as well, though. Could be a nice hundred pips on a W.
1991 seems reasonable.. but if the eu gains some it could be more. at 1995 we can try 60 more
those who can, do. those who cant, talk about those who can
  • #102,074
  • Jul 17, 2012 12:35am Jul 17, 2012 12:35am
Quoting pkimnyc
oh shit!
  • #102,075
  • Jul 17, 2012 12:36am Jul 17, 2012 12:36am
Quoting kenfen69
You'd have to think Frankie and LO wouldn't mind a better entry.

Hope you're well, mate!
Take no prisoners! Well bro thx.. Like wize!

Brent @ Daily fib w/ Lonnie bounce at the bott poss 1hr engulfing
Attached Image (click to enlarge)
Click to Enlarge Name: brent 4hr.gif Size: 44 KB
  • #102,076
  • Jul 17, 2012 12:37am Jul 17, 2012 12:37am
Quoting Piters
lol.. are you bragging mate ??

[Chart]
Are you?




































































Attached Image



Attached Image



  • #102,077
  • Jul 17, 2012 12:37am Jul 17, 2012 12:37am
Quoting Piters
GM ...

lol.. are you bragging mate ??

[Chart]
sorry....
  • #102,078
  • Jul 17, 2012 12:38am Jul 17, 2012 12:38am
im between my entry and my target there is the 50ema at 2278 we need to get through that first before target... so we will see here in a bit if it gets through it ok..
  • #102,079
  • Jul 17, 2012 12:40am Jul 17, 2012 12:40am
Quoting pkimnyc
shut up bro!! you letting the secrets out. big sharks not gonna like people using this shit. they gotta figure out their own.


o lord...

its all over then im done for
  • #102,080
  • Jul 17, 2012 12:41am Jul 17, 2012 12:41am
Quoting gatorinla
1991 seems reasonable.. but if the eu gains some it could be more. at 1995 we can try 60 more
Indeed. If the low holds...nowhere else for it to go right now.

I dropped in a long. Nothing huge...but larger than my remaining short partial.
44 traders viewing now