The Really Useless Thread | Page 5423 | 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

  • #108,441
  • Aug 24, 2012 9:46am Aug 24, 2012 9:46am
current high with a 2384 target in action
Attached Image (click to enlarge)
Click to Enlarge Name: yen.PNG Size: 24 KB
those who can, do. those who cant, talk about those who can
  • #108,442
  • Aug 24, 2012 9:48am Aug 24, 2012 9:48am
2522 done, reported small offers into 25...
  • #108,443
  • Aug 24, 2012 9:55am Aug 24, 2012 9:55am
Quoting FibbinArchie
2522 done, reported small offers into 25...
It wont hold if the ES break the opening range (and break back daily support intraday) in the next few minutes...check the ES not the Euro the next 10 minutes ...my 2 cents....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #108,444
  • Aug 24, 2012 9:56am Aug 24, 2012 9:56am
Quoting sisse
It wont hold if the ES break the opening range (and break back daily support intraday) in the next few minutes...check the ES not the Euro the next 10 minutes ...my 2 cents....

sisse
i only have NQ on mt4 feed, but i prefer ES as a gauge..

euro seems to be lagging risk on in equities, probably being weighed by german fin min grexit talk...
  • #108,445
  • Aug 24, 2012 9:57am Aug 24, 2012 9:57am
Quoting FibbinArchie
i only have NQ on mt4 feed, but i prefer ES as a gauge..
it will be the same just find the correlated levels...

sisse

EDIT: 277x.x in the NQ
Pending conversations? PM for a chat...I am mainly in OTM now
  • #108,446
  • Aug 24, 2012 10:03am Aug 24, 2012 10:03am
Quoting sisse
it will be the same just find the correlated levels...

sisse

EDIT: 277x.x in the NQ
thanks, looks to be coiling to push through..
  • #108,447
  • Aug 24, 2012 10:04am Aug 24, 2012 10:04am
That's it for me ... trailing the rest to ridiculous levels to stop me out on the shorts for the just in case in the euro...clearing everything else. ES held Daily S so chop zone expected for the rest of the day...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #108,448
  • Aug 24, 2012 10:16am Aug 24, 2012 10:16am
that gartly box goes to 2607. it targets 2384 as #1 target. i have 2609 just a 2 pip difference in the box high and my min. either way it don't look like it atm. using last Fridays.. #s i am surprised if we dont go to 2459 before higher. around the fluff in the middle. not that i would trade this. but a signal at 2544/45 is a hard one not to consider a s. we are near it now.
those who can, do. those who cant, talk about those who can
  • #108,449
  • Aug 24, 2012 10:20am Aug 24, 2012 10:20am
Quoting gatorinla
that gartly box goes to 2607. it targets 2384 as #1 target. i have 2609 just a 2 pip difference in the box high and my min. either way it don't look like it atm. using last Fridays.. #s i am surprised if we dont go to 2459 before higher. around the fluff in the middle. not that i would trade this. but a signal at 2544/45 is a hard one not to consider a s. we are near it now.
above it with no signal is a no trade.
those who can, do. those who cant, talk about those who can
  • #108,450
  • Aug 24, 2012 10:21am Aug 24, 2012 10:21am
And the ECB put the FA confirmation on the ES holding S .... Band targets for the bond market ...very good idea ..that will make the EZ bonds plummet ...lots of permabears will get burnt big time with that ...

...we need more details but that is BIG HUGE news and it will be enough to make this week roll to HH for the 1st time since February ...and monthly in play next week...mid term direction in play in the next couple of weeks....

Last H4 chart update ... perfectly timed exit thanks to the ES...

sisse
Attached Image (click to enlarge)
Click to Enlarge Name: h4250812(2).png Size: 30 KB
Pending conversations? PM for a chat...I am mainly in OTM now
  • #108,451
  • Aug 24, 2012 10:22am Aug 24, 2012 10:22am
pop goes da weasel...

Rumor mill cranks up again: ECB considering setting yield band targets under new program http://bit.ly/PMxTzv

intraday bias back bullish if we hold gains...
  • #108,452
  • Aug 24, 2012 10:25am Aug 24, 2012 10:25am
a h close below 2545 probably a st rejection.. but e close is a bitch
those who can, do. those who cant, talk about those who can
  • #108,453
  • Aug 24, 2012 10:27am Aug 24, 2012 10:27am
st bulls need to hold 46
those who can, do. those who cant, talk about those who can
  • #108,454
  • Aug 24, 2012 10:27am Aug 24, 2012 10:27am
Quoting gatorinla
a h close below 2545 probably a st rejection.. but e close is a bitch
261x-2x back on the cards if it doesn't reject??
  • #108,455
  • Aug 24, 2012 10:28am Aug 24, 2012 10:28am
Quoting gatorinla
st bulls need to hold 46
that was a fast break, may need a bit of consolidation...

alpari uk tick vol off the scale...
  • #108,456
  • Aug 24, 2012 10:28am Aug 24, 2012 10:28am
Well, I definitely sold into that pop. Got some at 1.2550
check out my blog: forexmademillionaire dot com
  • #108,457
  • Aug 24, 2012 10:32am Aug 24, 2012 10:32am
Quoting FibbinArchie
261x-2x back on the cards if it doesn't reject??
IMO I insist that chop zone has priority ... I seriously doubt the ES can go further than 141x..... translated to the euro inside bars in H4 ...in any case, I am clean so GL

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #108,458
  • Aug 24, 2012 10:32am Aug 24, 2012 10:32am
11:29 AM The ECB is considering bond yield target bands as one of its debt purchase options, reports Reuters, citing central bank sources. Though little more than a rewording of what was previously rumored, Europe shoots higher (taking the S&P with it), turning a session loss into gains just minutes before the close.
  • #108,459
  • Aug 24, 2012 10:33am Aug 24, 2012 10:33am
Quoting FibbinArchie
261x-2x back on the cards if it doesn't reject??
that's in the cards regardless even at 2384. the chf says even higher. 45 is just for today
those who can, do. those who cant, talk about those who can
  • #108,460
  • Aug 24, 2012 10:34am Aug 24, 2012 10:34am
Quoting Geppy
Well, I definitely sold into that pop. Got some at 1.2550
i'm gonna twist, last night didn't feel like top side was cleared...

gl with the trade...
12 traders viewing now