The Really Useless Thread | Page 5303 | 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

  • #106,041
  • Aug 6, 2012 5:04am Aug 6, 2012 5:04am
Quoting USD-Bear
right you are, let's see
"let's see" is my code for "I have no fuckin' clue"
  • #106,042
  • Aug 6, 2012 5:06am Aug 6, 2012 5:06am
Quoting Mr Hatch
a close > 2389.6 would help the bulls, from what I see...
i wasn't going to s till 2609 +.. just gave 4 pips to the c sukers. now watch 2399 slap it..
those who can, do. those who cant, talk about those who can
  • #106,043
  • Aug 6, 2012 5:24am Aug 6, 2012 5:24am
Quoting Mr Hatch
"let's see" is my code for "I have no fuckin' clue"


For what is worth .... IMO, check those major "mofus" or whatever else you have around that are pointing for the leg up..... Only a surprise FA can change the outlook in my books....Profit taking in Y/Q/M and W...daily stubborn on very wide HH but still LL (that's the bitch r:r wise).

In any case looking for 1.258x and 1.266x. The obvious 1.228x is now also key S in Daily / H4 so best r:r area around 1.228x/1.231x....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #106,044
  • Aug 6, 2012 5:26am Aug 6, 2012 5:26am
Quoting Mr Hatch
"let's see" is my code for "I have no fuckin' clue"
don't be that hard on yourself, closing the day above 1,2390 would signal 1.25-1.26, let's see (I have a clue)
Don't be a hero. Don't have an ego. Always question yourself
  • #106,045
  • Aug 6, 2012 5:32am Aug 6, 2012 5:32am
That yellow line is jutted down, no precision, but you get the idea.
I don't trust this move at all, apart from the squeeze on Friday, the bulls appear lethargic. At the same time I doubt revisiting the lower demand levels.
The eur/gbp is a tad easier to trade and less of a strain to watch.
Quoting sisse


For what is worth .... IMO, check those major "mofus" or whatever else you have around that are pointing for the leg up..... Only a surprise FA can change the outlook in my books....Profit taking in Y/Q/M and W...daily stubborn on very wide HH but still LL (that's the bitch r:r wise).

In any case looking for 1.258x and 1.266x. The obvious 1.228x is now also key S in Daily / H4 so best r:r area around 1.228x/1.231x....

sisse
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1.gif Size: 18 KB
Click to Enlarge Name: 2.gif Size: 11 KB
  • #106,046
  • Aug 6, 2012 5:40am Aug 6, 2012 5:40am
Quoting Mr Hatch
That yellow line is jutted down, no precision, but you get the idea.
I don't trust this move at all, apart from the squeeze on Friday, the bulls appear lethargic. At the same time I doubt revisiting the lower demand levels.
Yeap agree. Lethargic as euro has been very heavy on shorts... in any case, try connecting the "proper" swing for that daily channel and the picture may get clearer (at least for perspective).

I meant connect the consecutive swings from HH (27/07) with today high for the referential parallel (provisional as it needs today roll but irrelevant for what we are looking for) but the important is the TL already confirmed on the swing lows (24/7 to 08/2)...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #106,047
  • Aug 6, 2012 5:48am Aug 6, 2012 5:48am
Quoting sisse
Yeap agree. Lethargic as euro has been very heavy on shorts... in any case, try connecting the "proper" swing for that daily channel and the picture may get clearer (at least for perspective).

I meant connect the consecutive swings from HH (27/07) with today high for the referential parallel (provisional as it needs today roll but irrelevant for what we are looking for) but the important is the TL already confirmed on the swing lows (24/7 to 08/2)...

sisse
the daily comes in at 2466 for today... a failure to get there is weakness in my books, but NY hasn't really started, yet. that task must be that easy that I can't do it...
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 20 KB
  • #106,048
  • Aug 6, 2012 6:04am Aug 6, 2012 6:04am
EA on long side...watching top mid...
Attached Image (click to enlarge)
Click to Enlarge Name: 66.jpg Size: 56 KB
  • #106,049
  • Edited 6:20am Aug 6, 2012 6:09am | Edited 6:20am
Quoting Mr Hatch
That yellow line is jutted down, no precision, but you get the idea.
I don't trust this move at all, apart from the squeeze on Friday, the bulls appear lethargic. At the same time I doubt revisiting the lower demand levels.
The eur/gbp is a tad easier to trade and less of a strain to watch.
we could go anywhere.. and we do have things pointing up.. the same crap from 2 Fridays ago to 2609+.. and the chf the week before (chf did 1/2---).. when sentiment here was, it was impossible. at least thats what the euro alone says... but the euro aint shit w/o the cad and aud.. or even the gbp.. and atm they are not ready... they have not crossed the threshold just yet.. the chf did the 1/2 indicated move.. that was a lot of muscle already extended. to get 2609 is harder then it looks. and it might never come w/o aud help..

those thresholds are strong s/r on those 3..
those who can, do. those who cant, talk about those who can
  • #106,050
  • Aug 6, 2012 6:18am Aug 6, 2012 6:18am
Quoting gatorinla
we had a failed one to 2452.. it came close but the R stopped it.. i am not really looking to s. im waiting to long 2268 ish maybe.. or the yL area. i am skeptical because the aud didn't break 0582. the aud seems sluggish.. also the gbp has not broke either. all seem to need more Wheaties. the Wheaties bowl is lower.
eu needs to close -2374 again st.to drop... . and to go higher, besides the aud, it needs gbp 5670+
those who can, do. those who cant, talk about those who can
  • #106,051
  • Aug 6, 2012 6:25am Aug 6, 2012 6:25am
Quoting Julexo
EA on long side...watching top mid...

last juice 2/3 closed at 1.17472...waiting for complet retest at 1.17556...
  • #106,052
  • Aug 6, 2012 6:30am Aug 6, 2012 6:30am
a 83 close on the h is a little bearish next h.. a close plus a runner below 74 is stronger.. a close below 74 is more bearish.. a close with a runner below the low is stronger.

or a tf u use
those who can, do. those who cant, talk about those who can
  • #106,053
  • Aug 6, 2012 6:51am Aug 6, 2012 6:51am
Quoting Mr Hatch
the daily comes in at 2466 for today... a failure to get there is weakness in my books, but NY hasn't really started, yet. that task must be that easy that I can't do it...
aud rate cut on the table.
those who can, do. those who cant, talk about those who can
  • #106,054
  • Aug 6, 2012 7:33am Aug 6, 2012 7:33am
should break thru soon enough imo

H4

Quoting pipper
Possible M formation on H4 in the making. prob hit highs again today
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 19 KB
Disclaimer: Check your 1m charts
  • #106,055
  • Aug 6, 2012 7:53am Aug 6, 2012 7:53am
tp 7743. maybe below. i posted this entry early
Attached Image (click to enlarge)
Click to Enlarge Name: eurs.gif Size: 16 KB
looking for investors . pm me
  • #106,056
  • Aug 6, 2012 7:54am Aug 6, 2012 7:54am
Quoting kbmoonshinex
eur/aud tp 1.1795 but it could changed.
closed EA 150 pips.
looking for investors . pm me
  • #106,057
  • Aug 6, 2012 8:06am Aug 6, 2012 8:06am
aud got its wheaties gbp near
those who can, do. those who cant, talk about those who can
  • #106,058
  • Aug 6, 2012 8:38am Aug 6, 2012 8:38am
Quoting gatorinla
aud got its wheaties gbp near
damn, that was like doing situps with a 500lb. weight tied to your neck.
  • #106,059
  • Aug 6, 2012 10:01am Aug 6, 2012 10:01am
cable 4hr looks like a HRM
  • #106,060
  • Aug 6, 2012 11:48am Aug 6, 2012 11:48am
Quoting cohiba pips
cable 4hr looks like a HRM
43 traders viewing now