The Really Useless Thread | Page 5255 | 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

  • #105,081
  • Jul 30, 2012 11:05am Jul 30, 2012 11:05am
Quoting Chillypiper
Right on! Was up in Traverse City last yr, eating Cherry's and drinking wine on the Bay..Very nice place to be indeed..

I 'm a Wayne County decentest. Not as nice, but not as cold in the winter. spending summers in Mt Pleasant as the lake house eas very cool...

UoM or MSU? I'm a huge Wolverine fan, but my sister went to State ( that traider)....

Do you remember what happen the the Markets last year this time after the downgrades? Hope so bro!

Looking at a possibility TA wise..S&P July 31-Sept 1 boxed out in the red.FA has a some...
Nice, UofM here. Although I didn't attend, I applied and was accepted on two separate occasions. I decided to come to CA for school instead, but my dad went to UofM for dental school. My mom was born and raised in TC and was even the Cherry Festival Queen one year back in the day lol. Dad was born and raised in Grand Rapids.

I love being up north, but there's not much opportunity up there for a young guy. I'd love to have a summer home up there some day.
check out my blog: forexmademillionaire dot com
  • #105,082
  • Jul 30, 2012 11:15am Jul 30, 2012 11:15am
Quoting Geppy
Yeah, I really have no clue what I'm doing. I just see a screen with a chart that starts from the top left and stops at the bottom right and I sell. Been working so far.

1.1500 I see at a minimum, but really would like to be covering around 1.1350
I doubt that very much, good luck mate
Don't be a hero. Don't have an ego. Always question yourself
  • #105,083
  • Jul 30, 2012 11:22am Jul 30, 2012 11:22am
Quoting Geppy
Nice, UofM here. Although I didn't attend, I applied and was accepted on two separate occasions. I decided to come to CA for school instead, but my dad went to UofM for dental school. My mom was born and raised in TC and was even the Cherry Festival Queen one year back in the day lol. Dad was born and raised in Grand Rapids.

I love being up north, but there's not much opportunity up there for a young guy. I'd love to have a summer home up there some day.
Awesome stuff there bro..I've been lucky enough to take an extended stay there for the last few years. I'm a fishing fool..

I Granduated at the UofM, just not from...LOL!...

GO BLUE!
  • #105,084
  • Jul 30, 2012 11:25am Jul 30, 2012 11:25am
Quoting Chillypiper
Awesome stuff there bro..I've been lucky enough to take an extended stay there for the last few years. I'm a fishing fool..

I Granduated at the UofM, just not from...LOL!...

GO BLUE!
Cool, man. I'm talking to the GF about heading there for July 4th next year. I've taken her back once in the fall so she could experience the 'color' season. She's a CA native, so she'd never seen anything quite like it.

I'd like to double dip and hit the TC Cherry Festival, but can't remember if it's in July or August. I refuse to eat black sweet cherries outside of Michigan. She doesn't quite understand yet because she's never experienced them.
check out my blog: forexmademillionaire dot com
  • #105,085
  • Jul 30, 2012 11:35am Jul 30, 2012 11:35am
Quoting Geppy
Cool, man. I'm talking to the GF about heading there for July 4th next year. I've taken her back once in the fall so she could experience the 'color' season. She's a CA native, so she'd never seen anything quite like it.

I'd like to double dip and hit the TC Cherry Festival, but can't remember if it's in July or August. I refuse to eat black sweet cherries outside of Michigan. She doesn't quite understand yet because she's never experienced them.
My Grandfather had like 10 acers in Northville area. I know exactly what you mean...

July 6-14... Gona run..GL!

http://www.cherryfestival.org/
  • #105,086
  • Jul 30, 2012 12:06pm Jul 30, 2012 12:06pm
Quoting chazzle
AUD threatening to b/o
again - jumped in long for scalp
Attached Image (click to enlarge)
Click to Enlarge Name: j.jpg Size: 58 KB
  • #105,087
  • Jul 30, 2012 12:09pm Jul 30, 2012 12:09pm
Pretty shit night last night, as expected. Not a lot of action to be had. Bagged a scalp for 15 pips and went to bed after watching charts for hours

USD/CAD is about to reach parity. I don't really trade this pair as much as I should, being Canadian and all.

There is a descending channel that it will tap almost perfectly at 1.0000. What do you guys think about the reliability of a play like this?
https://dl.dropbox.com/u/92786022/usdcadjuly30.gif
  • #105,088
  • Jul 30, 2012 12:19pm Jul 30, 2012 12:19pm
Quoting C5fx
Pretty shit night last night, as expected. Not a lot of action to be had. Bagged a scalp for 15 pips and went to bed after watching charts for hours

USD/CAD is about to reach parity. I don't really trade this pair as much as I should, being Canadian and all.

There is a descending channel that it will tap almost perfectly at 1.0000. What do you guys think about the reliability of a play like this?
https://dl.dropbox.com/u/92786022/usdcadjuly30.gif
like it, looking at the flag pattern
Don't be a hero. Don't have an ego. Always question yourself
  • #105,089
  • Jul 30, 2012 12:21pm Jul 30, 2012 12:21pm
Quoting chazzle
again - jumped in long for scalp
scaled and out for a couple - not as straightforward as hoped
  • #105,090
  • Jul 30, 2012 12:41pm Jul 30, 2012 12:41pm
dam it

fak berrny fak draghiiishitt fak king and faaaaaaaaaaaakkkkkk ken

shitty PA all waiting for them ass's,

it looks like the market is fasting too
  • #105,091
  • Edited 1:14pm Jul 30, 2012 12:44pm | Edited 1:14pm
Quoting C5fx
Pretty shit night last night, as expected. Not a lot of action to be had. Bagged a scalp for 15 pips and went to bed after watching charts for hours

USD/CAD is about to reach parity. I don't really trade this pair as much as I should, being Canadian and all.

There is a descending channel that it will tap almost perfectly at 1.0000. What do you guys think about the reliability of a play like this?
I zoomed out a bit -- could well grind below parity till it hits mid of this big consolidation area which coincides with a rising trend line , the flag may not contradict this view - even lower 9900s is not out of the q according to this chart - good to keep an eye on / checking the lower TFs on the way for signs of a reversal - but I wouldn't personally put too much faith in a big round number ( in terms of a precision entry looking at a chart to this scale - but would of course note it alongside other TA points) -- quite a few of the prominent candles in the consolidation area spiked up and closed 9970 area - also coincides with the rising tl ... main thing is - still down till it ain't - again , check ltf formations on the way
Attached Image(s) (click to enlarge)
Click to Enlarge Name: ucadz.jpg Size: 89 KB
Click to Enlarge Name: ucadz2.jpg Size: 95 KB
  • #105,092
  • Jul 30, 2012 12:46pm Jul 30, 2012 12:46pm
bastards

 




  4. 3:39 PM A sign of the times: Hong Kong used car dealers are finding it increasingly difficult to move Lamborghinis off their lots. Blame is being laid on job and wage cuts in the finance industry there. "Bankers don't want to spend too much money ... they don't know if they'll have a big bonus," says a dealer. 1 Comment


 

  1. FXE, ULE
    3:15 PM Rallying big on statements from an A-list of EU honchos that will be difficult to actually implement, world stock markets may be set up for major disappointment this week. The EFSF can't buy Spanish debt until Spain requests a bailout, the ESM isn't up an running yet, and the ECB's SMP remains dormant. Will a rate cut and another loosening of collateral requirements do the trick? Hardly

  • #105,093
  • Jul 30, 2012 12:50pm Jul 30, 2012 12:50pm
Attachment Attachment
Quoting chazzle
I zoomed out a bit -- could well grind below parity till it hits mid of this big consolidation area which coincides with a rising trend line , the flag may not contradict this view - even lower 9900s is not out of the q according to this chart - good to keep an eye on / checking the lower TFs on the way for signs of a reversal - but I wouldn't personally put too much faith in a big round number -- quite a few of the prominent candles in the consolidation area spiked up and closed 9970 area - also coincides with the rising tl ... main thing is -...
with pink lube
Attached Image (click to enlarge)
Click to Enlarge Name: 1d cad.gif Size: 29 KB
  • #105,094
  • Jul 30, 2012 12:56pm Jul 30, 2012 12:56pm
Quoting kill56
with pink lube
checking ltf patterns and timing it , you might not need the whole bottle - some left for next time
  • #105,095
  • Jul 30, 2012 12:58pm Jul 30, 2012 12:58pm
Quoting kill56
Attachment Attachment

with pink lube
3 PINK crows
  • #105,096
  • Jul 30, 2012 1:01pm Jul 30, 2012 1:01pm
Quoting chazzle
checking ltf patterns and timing it , you might not need the whole bottle - some left for next time
doc i think we need more than one

like to long the bitch from 9800, that is less risk and less bloody bott
  • #105,097
  • Jul 30, 2012 1:03pm Jul 30, 2012 1:03pm
Quoting chazzle
3 PINK crows
we need to get back the pink bott , hey asshole pk get u ass back here
  • #105,098
  • Jul 30, 2012 1:05pm Jul 30, 2012 1:05pm
Quoting kill56
doc i think we need more than one
you got it
Attached Image (click to enlarge)
Click to Enlarge Name: lube2.JPG Size: 61 KB
  • #105,099
  • Jul 30, 2012 2:08pm Jul 30, 2012 2:08pm
... bullflag break and retest -- scalp long rr 2:1
Attached Image (click to enlarge)
Click to Enlarge Name: auflagscalp.JPG Size: 67 KB
  • #105,100
  • Jul 30, 2012 2:13pm Jul 30, 2012 2:13pm
looks like more USDOLLAR weakness for a while

USDOLLAR D1:
Attached Image (click to enlarge)
Click to Enlarge Name: Picture0002.jpg Size: 103 KB
Don't be a hero. Don't have an ego. Always question yourself
24 traders viewing now