The Really Useless Thread | Page 5527 | 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

  • #110,521
  • Sep 11, 2012 12:52pm Sep 11, 2012 12:52pm
2860 might be enough for today and week perhaps

MACD top resistance also might hold it here

Quoting pipper
Have 2860 for next level next week
Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 110 KB
Disclaimer: Check your 1m charts
  • #110,522
  • Sep 11, 2012 1:08pm Sep 11, 2012 1:08pm
Quoting gatorinla
aud at/near 0444.1.. look for weakness soon
Watching one in the same here as well... although, the question is... how high do we go first. Weekly is leaving risk a little too wide open for me right now.
  • #110,523
  • Sep 11, 2012 1:12pm Sep 11, 2012 1:12pm
sucks
  • #110,524
  • Sep 11, 2012 1:16pm Sep 11, 2012 1:16pm
Quoting darimik
sucks
  • #110,525
  • Sep 11, 2012 1:21pm Sep 11, 2012 1:21pm
lol, two weeks...

Inserted Video
  • #110,526
  • Edited 1:36pm Sep 11, 2012 1:23pm | Edited 1:36pm
Quoting FibbinArchie
lol, two weeks...
lol... nice... I should pop that movie on the tele... been a few since I watched it, and will be more entertaining then the lastest remake.
  • #110,527
  • Sep 11, 2012 1:29pm Sep 11, 2012 1:29pm
Quoting Venice
? Meeting?
edited post...
  • #110,528
  • Sep 11, 2012 1:39pm Sep 11, 2012 1:39pm
Quoting Venice
Watching one in the same here as well... although, the question is... how high do we go first. Weekly is leaving risk a little too wide open for me right now.
i just get in with 4 positions in a scalp entry. tp 1 at 20/? pips and just hold the others.. the 20 pips pays the s/o on the other 3. and just mange a b.e. and tp some later.. if it runs, better yet. i just keep moving s/l
those who can, do. those who cant, talk about those who can
  • #110,529
  • Sep 11, 2012 2:02pm Sep 11, 2012 2:02pm
Quoting gatorinla
i never got a euro bounce at a place like this.. i still look for one... i may not L the euro.. but the usd/chf at 9950 is a place for a possible s.. i dont believe it, but 600 pips is shown as possible on the chf. atm its 15 pips from 9550
chf low atm is 44 pips from min target atm. 9333
eu atm wants 2882 min before 2752.. what happens after 2882 is the question for me. (we usually pull back soon after) if we don't hit eu 2882 i will be looking to long until we do on a pullback. unless we touch 2752
ej still needs 100.46
gbp possibly 6164 not a perfect target.
s/p reached a Lt 2008 target
aud a st one at 0444.1
if not for qe and other crap.. i would be s at/ near eu 2882 min
and looking for a usd flex.
those who can, do. those who cant, talk about those who can
  • #110,530
  • Sep 11, 2012 2:13pm Sep 11, 2012 2:13pm
Quoting gatorinla
chf
just had a look
Attached Image (click to enlarge)
Click to Enlarge Name: chfw.jpg Size: 72 KB
  • #110,531
  • Sep 11, 2012 2:20pm Sep 11, 2012 2:20pm
aud close 1h candle bearish engulfed. but 0430 is a support
those who can, do. those who cant, talk about those who can
  • #110,532
  • Sep 11, 2012 2:20pm Sep 11, 2012 2:20pm
Quoting gatorinla
chf low atm is 44 pips from min target atm. 9333
eu atm wants 2882 min before 2752.. what happens after 2882 is the question for me. (we usually pull back soon after) if we don't hit eu 2882 i will be looking to long until we do on a pullback. unless we touch 2752
ej still needs 100.46
gbp possibly 6164 not a perfect target.
s/p reached a Lt 2008 target
aud a st one at 0444.1
if not for qe and other crap.. i would be s at/ near eu 2882 min
and looking for a usd flex.
add this and what u see more

i think we are in the same play of 2008 G

2:51 PM The long-awaited cutback in Chinese iron ore production may be starting as an unnamed official at Minmetals Luzhong says his company is digging up less and other miners have halted altogether. What the market may really need are the gorillas - VALE, RIO, BHP - to not just slow expansion plans, but to slash production.
  • #110,533
  • Sep 11, 2012 2:26pm Sep 11, 2012 2:26pm
Quoting gatorinla
aud close 1h candle bearish engulfed. but 0430 is a support
Don't you just love when this happens, which is more often than not it seems... Price engulfs right into support, to flip the other direction again. Regardless, im eyeballing the 15m for flow right now. We are currently building a LL, if we can get a new close below that LL i may throw in a few.
  • #110,534
  • Sep 11, 2012 2:33pm Sep 11, 2012 2:33pm
Quoting Venice
Don't you just love when this happens, which is more often than not it seems... Price engulfs right into support, to flip the other direction again. Regardless, im eyeballing the 15m for flow right now. We are currently building a LL, if we can get a new close below that LL i may throw in a few.


One thing to note, is that the 4h may find support @ 0433. I like trading with the flow, so if anything even does happen, it will have to be indicative of a top, which is not right now. I would like some retrace here as I have closed out most of my longs, to buy lower. Long until short, short until long. And with teh mess about the come this week (i know, it's not over)... will be playing pretty light.
  • #110,535
  • Sep 11, 2012 3:11pm Sep 11, 2012 3:11pm
this is a dam monthly gold chart bastards feel free to add levels and what u think and what u see coming
Attached Image (click to enlarge)
Click to Enlarge Name: 1m gold.gif Size: 31 KB
  • #110,536
  • Sep 11, 2012 3:27pm Sep 11, 2012 3:27pm
2 more gold charts
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1dgold.gif Size: 42 KB
Click to Enlarge Name: 1wgold.gif Size: 205 KB
  • #110,537
  • Sep 11, 2012 3:28pm Sep 11, 2012 3:28pm
Quoting kill56
this is a dam monthly gold chart bastards feel free to add levels and what u think and what u see coming
still looks bullish to me... but i am a follow of price. she has to to turn before I do.
  • #110,538
  • Sep 11, 2012 3:28pm Sep 11, 2012 3:28pm
Hmm... shower beer. Non better...
  • #110,539
  • Sep 11, 2012 3:31pm Sep 11, 2012 3:31pm
i know i am talking to my self but WTF

3:53 PM "Help wanted: Powerful central banker. Good pay, long hours, ornate office. Might get a knighthood." That's not the actual text, but the U.K. has a job ad for Governor of the Bank of England coming out in the next issue of The Economist. Several top names have been muddied in the Libor scandal and Iranian money laundering affair. Others floated include Bank of Canada Governor Carney and Goldman's Paul O'Neill.

i like

3:24 PM Charting the path of the euro/dollar against the Fed's QE programs proves more instructive than Adam Button expected. The euro clearly has its own issues, but one could have done a lot worse than just holding euros during previous bouts of QE and then selling them when the programs ended.
  • #110,540
  • Sep 11, 2012 3:50pm Sep 11, 2012 3:50pm
Quoting kill56
i know i am talking to my self but WTF

3:53 PM "Help wanted: Powerful central banker. Good pay, long hours, ornate office. Might get a knighthood." That's not the actual text, but the U.K. has a job ad for Governor of the Bank of England coming out in the next issue of The Economist. Several top names have been muddied in the Libor scandal and Iranian money laundering affair. Others floated include...
do it all the time kill , I even feel a relation, no responses is good for position, responses are bad, so shut the f up
Don't be a hero. Don't have an ego. Always question yourself
36 traders viewing now