The Really Useless Thread | Page 5420 | 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

  • #108,381
  • Aug 24, 2012 4:38am Aug 24, 2012 4:38am
Quoting kill56
ken did u lube
If only!
  • #108,382
  • Aug 24, 2012 4:39am Aug 24, 2012 4:39am
Quoting Piters
DX?

yes yesterday close just at the LTL.. the problem Im having is that EMA200 is very close.. so we may see a bounce here or at the E200. Pick your own scenario from this chart bro.. That is the reason why I said DX daily is a bit tricky.. but Weekly is clear..

If you put a gun on my head and I have to guess. I'll say a bounce then another drop to DX=80 area... but keeping an eye on intraday setups is a way smarter choice..

[Charts DX weekly & Daily]

well done pink power on all fiber and shiny
  • #108,383
  • Aug 24, 2012 4:42am Aug 24, 2012 4:42am
buy one get the shitty fiber for free
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 4heur.gif Size: 23 KB
Click to Enlarge Name: 4h gold.gif Size: 26 KB
  • #108,384
  • Aug 24, 2012 4:43am Aug 24, 2012 4:43am
Quoting Venice
What's everyone looking for H4 wise on fibre?

I played to south, looking for 2475.
75 looks a "safe" place to pull some (if I were in). 35ish on some more...on this leg?

Need to run. Good luck, folks. Pull some out for those who can't today! (<--me)

Play safe!
  • #108,385
  • Aug 24, 2012 4:44am Aug 24, 2012 4:44am
Quoting kill56
well done pink power on all fiber and shiny
yeah bro.. thnks very much..

feel tired.. start losing the focus.. and best way is to close what you got.. and bank those pipes..

I wouldn't be surprised if we go down to test the 1.240 but let see ..

has been a very good week and month especially with the fact that we saw FX market trading with lowest volume and range in last couple of years..

cheers guys.. catch you later..
  • #108,386
  • Aug 24, 2012 4:55am Aug 24, 2012 4:55am
Quoting gatorinla
2609 not touched yet

Quoting sisse
Euro intraday looks ready for exhaustion move with NY. Is very overextended but in trendy mode... 1.248x important level to track for W roll. 1.258x for the rejection on H4
Quote
I am not interesting on the ultimate top .....In the euro tracking [highlight]1.258x [/highlight]for the daily roll and rejection on H4 and 1.248x for the W roll.

....Intraday most if not all markets fadable on the respective highs/lows R or S
Easy part of the move in the euro gone. This is starting to look like an early Friday close. Micromanaging the rest of the mini wave for NY open as final target is more like a shoot in the dark so ...

I am more interested in the Weekly roll than in this leg down. I think your 1.260x is still open but in a stopover for 1.266x depending on this week roll.

ES and all European indices reaching daily supports so only a very fast break with the open (I seriously doubt) will open very extended moves across the board....So far charts (stocks) are set for chop and attempt to get back to the highs that will fade by the minute on each failure making the day close in more chop...let see as NY has the last word of the week ...

H4 chart update.

sisse
Attached Image (click to enlarge)
Click to Enlarge Name: h4250812.png Size: 27 KB
Pending conversations? PM for a chat...I am mainly in OTM now
  • #108,387
  • Aug 24, 2012 5:01am Aug 24, 2012 5:01am

8:00 AM Don't look for a big ECB announcement following its September 6 policy meeting, say 2 unnamed officials, as the bank looks likely to wait until Germany's Constitutional Court rules (Sept. 12) on the legality of the EU's permanent rescue fund (ESM).
  • #108,388
  • Aug 24, 2012 5:03am Aug 24, 2012 5:03am
Quoting Piters
DX?

yes yesterday close just at the LTL.. the problem Im having is that EMA200 is very close.. so we may see a bounce here or at the E200. Pick your own scenario from this chart bro.. That is the reason why I said DX daily is a bit tricky.. but Weekly is clear..

If you put a gun on my head and I have to guess. I'll say a bounce then another drop to DX=80 area... but keeping an eye on intraday setups is a way smarter choice..

[Charts DX weekly & Daily]
Exact same thing I'm looking at on Dixie. Posted it a few days ago on another thread. Weekly clear as day... daily, as mud.

Right now, 1h should put us going back to 82'ish area, then we can continue down to 80. Then it's kablooey time.
  • #108,389
  • Aug 24, 2012 5:04am Aug 24, 2012 5:04am
Quoting kill56
fibbyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyy

whatsop bro long time
'sup killaz!!
  • #108,390
  • Aug 24, 2012 5:07am Aug 24, 2012 5:07am
spain- we don't need no stinkin' bailout!!

Inserted Video
  • #108,391
  • Aug 24, 2012 5:28am Aug 24, 2012 5:28am
Quoting kill56
welcome back V
same thing u are looking for ,might be deeper to 2280's
Daily is indicating your number there (if this is the intermediate top anyways).

Edit: Currently looking for H1 to form a flaggish formation here.
  • #108,392
  • Aug 24, 2012 5:46am Aug 24, 2012 5:46am
Opps politician alert ... Bureaucrats (high ranking) on the wires on temporary Grexit .... perfect timing ...1.248x tested

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #108,393
  • Aug 24, 2012 5:53am Aug 24, 2012 5:53am
Quoting sisse
Opps politician alert ... Bureaucrats (high ranking) on the wires on temporary Grexit .... perfect timing ...1.248x tested

sisse
unconfirmed rumour, no follow thru' yet...

german fin min fart alert, apparently mulling it over...
  • #108,394
  • Aug 24, 2012 5:55am Aug 24, 2012 5:55am
Quoting sisse
Opps politician alert ... Bureaucrats (high ranking) on the wires on temporary Grexit .... perfect timing ...1.248x tested

sisse


Although I don't particularly like this low-volume trading environment, it has been good for experience-levels.

Have a nice weekend, small short closed, small long entered with tight stop, kiwi-short protected... cu next week.
  • #108,395
  • Aug 24, 2012 5:57am Aug 24, 2012 5:57am
Quoting Mr Hatch


Although I don't particularly like this low-volume trading environment, it has been good for experience-levels.

Have a nice weekend, small short closed, small long entered with tight stop, kiwi-short protected... cu next week.
'sup hatches, have a good weekend...
  • #108,396
  • Aug 24, 2012 6:00am Aug 24, 2012 6:00am
atr and wednesday's break out level..

100 hour ma below there @ 70, then ds3 @ 60 let's see..
  • #108,397
  • Aug 24, 2012 6:08am Aug 24, 2012 6:08am
managed to get 10 pips green out on the first sub 2500 eu drop. and closed on the bounce.. on the aud after losing on my long.. i managed to get 1 pip back.. i also closed on the bounce after being up more.. i was lucky.. i am flat. and will miss most of this excluding some scalps.. i have 2609 still waiting with my pecker in hand.. .. and i also had the possible retrace to 2384. congrats to sissy kill arch and others who got in near the top.
those who can, do. those who cant, talk about those who can
  • #108,398
  • Aug 24, 2012 6:09am Aug 24, 2012 6:09am
8:58 AM Europe hits session lows, Stoxx 50 -0.9% as a rumor hits the German finance ministry is "mulling" a temporary Greek exit from EMU. Say what? It's a certainty the finance ministry is "mulling" lots of things. This is what officials are supposed to be getting paid for - planning for any number of possibilities.
  • #108,399
  • Aug 24, 2012 6:09am Aug 24, 2012 6:09am
atm the low is atr for me.. but its friday
those who can, do. those who cant, talk about those who can
  • #108,400
  • Aug 24, 2012 6:13am Aug 24, 2012 6:13am
Quoting kill56
8:58 AM Europe hits session lows, Stoxx 50 -0.9% as a rumor hits the German finance ministry is "mulling" a temporary Greek exit from EMU. Say what? It's a certainty the finance ministry is "mulling" lots of things. This is what officials are supposed to be getting paid for - planning for any number of possibilities.
this 'news' has been published 10 hours ago here in Germany... It's strange that it should have an influence now at atr-levels.
14 traders viewing now