The Really Useless Thread | Page 5448 | 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

  • #108,941
  • Aug 29, 2012 7:53am Aug 29, 2012 7:53am
EZ politicians contradicting themselves in the wires as expected after the Holidays. Merkel no more, French PM we need more, Italian Monti all in, one after the other and that is only counting the major names...the endless list of eurocrats is even more contradictory..the usual noise and BS before key decisions on the Euro zone.

Most key markets formed chop zones in unsustainable levels (for holding much longer) intraday. Euro strangely the clearest of all behaving properly testing daily R. Nothing new this morning session, same levels, same plays, same all for NY....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #108,942
  • Aug 29, 2012 8:00am Aug 29, 2012 8:00am
option related level @ 2525 expiring today's ny cut, don't know size, but we're in the neighbourhood currently...

also pending homes due at the same time and beige book tonight...

more pundit speculation out today about jackson hole and potential qe mention...

other than that 41 intraday range, no break, no shake, meh scalping only...
  • #108,943
  • Aug 29, 2012 8:03am Aug 29, 2012 8:03am
Hi all !!!
The best thing that can happen to you is to find out where you're wrong.
  • #108,944
  • Aug 29, 2012 8:06am Aug 29, 2012 8:06am
Quoting Driver55
Hi all !!!
'sup driver...
  • #108,945
  • Aug 29, 2012 8:14am Aug 29, 2012 8:14am
Back again..

Cattle prodder fully charged....

We need a rumor....
" Never let the past hold the future to ransom "
  • #108,946
  • Aug 29, 2012 8:19am Aug 29, 2012 8:19am
Quoting FibbinArchie
'sup driver...
Hi Fibbi...

Well guys... related to EURUSD....
if we open a 30min bar above 25723...
even if it is a bit dangerous i'll search an entry for a long,
thinking that the market may be mature for another up leg.
The best thing that can happen to you is to find out where you're wrong.
  • #108,947
  • Aug 29, 2012 8:20am Aug 29, 2012 8:20am
st 2487 or 2610 indicated... depending on either break 2528 or 2571
those who can, do. those who cant, talk about those who can
  • #108,948
  • Aug 29, 2012 8:21am Aug 29, 2012 8:21am
Quoting Driver55
Hi Fibbi...

Well guys... related to EURUSD....
if we open a 30min bar above 25723...
even if it is a bit dangerous i'll search an entry for a long,
thinking that the market may be mature for another up leg.
exhibiting caution ahead of friday's bernanke speech imo, if he disappoints on qe, we could be headed in the southerly direction..

rally originally kicked in properly on qe speculation coming out of fomc minutes, he needs to keep that plate spinning to maintain risk trend...
  • #108,949
  • Aug 29, 2012 8:23am Aug 29, 2012 8:23am
Quoting gatorinla
st 2487 or 2610 indicated... depending on either break 2528 or 2571
any storm damage?
  • #108,950
  • Aug 29, 2012 8:33am Aug 29, 2012 8:33am
Looking for current lows to hold

HUGE rally to top of the range for 30-35 pips ..
" Never let the past hold the future to ransom "
  • #108,951
  • Aug 29, 2012 8:42am Aug 29, 2012 8:42am
Quoting FibbinArchie
any storm damage?
not looking yet.. all seems to be ok..
those who can, do. those who cant, talk about those who can
  • #108,952
  • Aug 29, 2012 8:42am Aug 29, 2012 8:42am
Quoting Gleneagles
Looking for current lows to hold

HUGE rally to top of the range for 30-35 pips ..
  • #108,953
  • Aug 29, 2012 8:44am Aug 29, 2012 8:44am
kay, bored now, time for some yourtube..

Inserted Video
  • #108,954
  • Aug 29, 2012 8:45am Aug 29, 2012 8:45am
Quoting gatorinla
not looking yet.. all seems to be ok..
kewl...
  • #108,955
  • Aug 29, 2012 8:46am Aug 29, 2012 8:46am
This is why I hate the markets. Tiny tiny range, and then explode in a direction. It would be nice to have some consistent ATR's...
  • #108,956
  • Aug 29, 2012 8:48am Aug 29, 2012 8:48am
Quoting AllyB

Busy filing my teeth down.

When I am finish , I will eat ice cream

It will be more pleasant than trading
" Never let the past hold the future to ransom "
  • #108,957
  • Aug 29, 2012 8:54am Aug 29, 2012 8:54am
Quoting gatorinla
st 2487 or 2610 indicated... depending on either break 2528 or 2571
days mid body held 2529 so far. my last closed day candle, closed higher, then the near cluster (aug 23 close high close). yesterdays day closed engulfing the cluster..but had not made a hh.. at least not in the break one, or today's.. at least not yet..
those who can, do. those who cant, talk about those who can
  • #108,958
  • Aug 29, 2012 8:59am Aug 29, 2012 8:59am
Quoting FibbinArchie
option related level @ 2525 expiring today's ny cut, don't know size, but we're in the neighbourhood currently...

also pending homes due at the same time and beige book tonight...

more pundit speculation out today about jackson hole and potential qe mention...

other than that 41 intraday range, no break, no shake, meh scalping only...
Inserted Video
  • #108,959
  • Aug 29, 2012 9:04am Aug 29, 2012 9:04am
Quoting Venice
I have a short in play atm that is expecting the H4 level not to break. 2589, a close above invalidates. Let's see. Probably going to get run over. lol
This one lives to fight the current day. It's target is around 2480... But let's see. I have demand marked all the way down to it so it may stop before hand. My system says this is a counter play... so will keep it pretty close to the chest.
  • #108,960
  • Aug 29, 2012 9:06am Aug 29, 2012 9:06am
Quoting Gleneagles
Busy filing my teeth down.

When I am finish , I will eat ice cream

It will be more pleasant than trading
well so much for the current lows to hold so we probably won't get the HUGE rally either ... go for the ice cream
65 traders viewing now