The Really Useless Thread | Page 5377 | 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

  • #107,521
  • Aug 17, 2012 7:41am Aug 17, 2012 7:41am
Quoting godim
#107497

For Gator support was in 0437? For me at 0420. Today.

#107474
In AUD? I think 1.045x was pretty much self explanatory and clear for most. I am talking about intraday (h4 and daily) support not below ...

now we are barely breaching below the daily S area under @ 1.043x but is virgin the move and we need reports and NY ...this is just thin air trading in AUD in my books ...so let's see if we get the break (poor r:r on that potential break but tradable in H4 for NY session)...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #107,522
  • Aug 17, 2012 8:14am Aug 17, 2012 8:14am
Quoting sisse
In AUD? I think 1.045x was pretty much self explanatory and clear for most. I am talking about intraday (h4 and daily) support not below ...

now we are barely breaching below the daily S area under @ 1.043x but is virgin the move and we need reports and NY ...this is just thin air trading in AUD in my books ...so let's see if we get the break (poor r:r on that potential break but tradable in H4 for NY session)...

sisse
Yes. I also talk about the daily chart. Gator analysis for the three currency pairs. eur/usd aud/usd and the one that most interested him eur/aud. Its analysis is correct. He knew about the support of 0420. PA required for no bottom below 2338. But support for aud of 0420 allows such low at eur. IMO
aud now need of support level 0438 for went up.
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #107,523
  • Aug 17, 2012 8:44am Aug 17, 2012 8:44am
Quoting sisse
Yeap, I have been collecting crumbs and stops out the last few weeks in the euro. I hate this kind of trading as is not my style but we are in chop zone and summer so ... Very few trades and all of them very inefficient trades (for my standards of course) with very poor moves.

By far the worst performing weeks in the euro (# trades x # ticks x P/L) in my case but that is the norm for me in this kind of environment...

I am not into the hit and run intraday for 20 ticks game and I will never be back to that game. Is definitively not my style...

I couldn't agree with this more, Sisse. Hopefully this range crap breaks up soon.

I'm off to Pennsylvania today for the sister's wedding tomorrow. Have a good weekend if I don't chat to you all again before it officially starts.
check out my blog: forexmademillionaire dot com
  • #107,524
  • Aug 17, 2012 8:59am Aug 17, 2012 8:59am
closed all for weekend...price exactly in my TG zone...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: ee.jpg Size: 84 KB
Click to Enlarge Name: e1.jpg Size: 73 KB
  • #107,525
  • Aug 17, 2012 9:14am Aug 17, 2012 9:14am
Quoting sisse
lol ... I will have a look ...you also pull out a demo and place short 1.2376 . S/L jus above highs ...target 1,196x ....

let see how it goes... you make my day Gator ...thanks for the tip....

sisse
did you?
  • #107,526
  • Aug 17, 2012 9:21am Aug 17, 2012 9:21am
Quoting Julexo
1.2286 I not to be surprised....
not far 10pip...
  • #107,527
  • Aug 17, 2012 9:34am Aug 17, 2012 9:34am
  • #107,528
  • Aug 17, 2012 9:57am Aug 17, 2012 9:57am
Quoting Geppy
I couldn't agree with this more, Sisse. Hopefully this range crap breaks up soon.

I'm off to Pennsylvania today for the sister's wedding tomorrow. Have a good weekend if I don't chat to you all again before it officially starts.
Enjoy talk you soon...

Quoting Mr Hatch
did you?
Lol mate...let's leave there mate.... I don't want to be the "in your face" ass with Gator as it wasn't my intention in the 1st place....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #107,529
  • Aug 17, 2012 10:48am Aug 17, 2012 10:48am
Quoting gatorinla
i am not watching this paint dry,, eu st setup posted. baby closed +10. aud L until support fails.. nap time
woke up with a s/o on the aud .. ea still in the green..
its friday and e-close time. i want to add to my ea but will not, not yet anyway. i want to L eu at weakness 2241/77. (near 2240 or 2256). or any anytime with a signal.. just not now on Friday.. if we breaks today's high.. 2512 or 2528 could be a min target, w/o LL

if i was sure about 2528 target.. i would be looking to buy 2240/2312.5
2609 is still valid. Monday if possible i will take these.
those who can, do. those who cant, talk about those who can
  • #107,530
  • Aug 17, 2012 10:55am Aug 17, 2012 10:55am
Quoting sisse
No further comments .... lol ...just teasing you....

No for real, let see how that 1,233x react with reports NY because is the only soft intraday S in between the range....


sisse
win some.. you lose some.. i didn't take the eu long one. only because the aud broke support, first.
those who can, do. those who cant, talk about those who can
  • #107,531
  • Aug 17, 2012 11:00am Aug 17, 2012 11:00am
Quoting gatorinla
win some.. you lose some.. i didn't take the eu long one. only because the aud broke support, first.
Yeap ... that's our daily business as traders .... The day same seem to over with London close. 1.228x which is one more time the level to track for the roll .... looks "far" and way too strong for the remain of the day...

Closing shop this week as there is everything in place and is nothing to see ...

Gl and enjoy the weekend.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #107,532
  • Aug 17, 2012 11:05am Aug 17, 2012 11:05am
Quoting gatorinla
woke up with a s/o on the aud .. ea still in the green..
its friday and e-close time. i want to add to my ea but will not, not yet anyway. i want to L eu at weakness 2241/77. (near 2240 or 2256). or any anytime with a signal.. just not now on Friday.. if we breaks today's high.. 2512 or 2528 could be a min target, w/o LL

if i was sure about 2528 target.. i would be looking to buy 2240/2312.5
2609 is still valid. Monday if possible i will take these.
hey sis.. base built.. now a toe has to cross the line. so after a toe crosses the setup is already built. there are several, so the rabbit has to pop out the hole to shoot it. i like to let him run back in the hole, and wait for a head shot..
those who can, do. those who cant, talk about those who can
  • #107,533
  • Aug 17, 2012 11:17am Aug 17, 2012 11:17am
Quoting gatorinla
hey sis.. base built.. now a toe has to cross the line. so after a toe crosses the setup is already built. there are several, so the rabbit has to pop out the hole to shoot it. i like to let him run back in the hole, and wait for a head shot..
pot then table.
Attached Image (click to enlarge)
Click to Enlarge Name: usdx cam.PNG Size: 42 KB
those who can, do. those who cant, talk about those who can
  • #107,534
  • Aug 17, 2012 11:40am Aug 17, 2012 11:40am
Quoting gatorinla
pot then table.
i have this one going to 1924 or 1936.. meanwhile it built a base. in building it. it has made a higher target assuming 19xx is hit.. that new target is 2093 min.. the rabbit pops out on this one at a HH.. since this is the euro and the aud.. the floor may crash at any time. but st its not showing it.. longer term 1.5xx... something is fu herel oil made hh on the way to 98.06 (i posted (99.65 its wrong, its the 150% one 98.06 is correct) and the ea is showing bear. it has to be china slippage.
those who can, do. those who cant, talk about those who can
  • #107,535
  • Aug 17, 2012 11:44am Aug 17, 2012 11:44am
shit to do, asses to wipe. have a good one. gone
those who can, do. those who cant, talk about those who can
  • #107,536
  • Aug 17, 2012 11:46am Aug 17, 2012 11:46am
Gator have you hit that crack pot early this week flipping bunny raaaabits now lsd charts in the making if there ever was
  • #107,537
  • Aug 17, 2012 12:10pm Aug 17, 2012 12:10pm
WOT UP BASTARDS
  • #107,538
  • Aug 17, 2012 12:13pm Aug 17, 2012 12:13pm
Quoting chazzle
when will it turn
2 entries , closed the weaker one post-CAD news , with the other +25 atm
Attached Image (click to enlarge)
Click to Enlarge Name: cap.jpg Size: 163 KB
  • #107,539
  • Aug 17, 2012 12:30pm Aug 17, 2012 12:30pm
3 mids and a tl - i would long 315 if it hits , friday or no friday
Attached Image(s) (click to enlarge)
Click to Enlarge Name: vg.jpg Size: 88 KB
Click to Enlarge Name: 315.jpg Size: 62 KB
  • #107,540
  • Aug 17, 2012 12:48pm Aug 17, 2012 12:48pm
Quoting chazzle
3rd attempt broke it , but with weakness atm - i have an H4 level at 526 - wouldn't be surprised if it caps it for now before trend resumption

so with that in mind - and with CAD strength possibly due to slow down a bit - thought about AUD/CAD possible buy opp. - and opened the chart saw we had a bounce off daily level ... entered long , targetting midway between D1 levels , which also happens to be at a previous small consolidation area
Attached Image(s) (click to enlarge)
Click to Enlarge Name: aud.jpg Size: 80 KB
Click to Enlarge Name: auc.jpg Size: 77 KB
Click to Enlarge Name: aucm5.jpg Size: 60 KB
85 traders viewing now