The Really Useless Thread | Page 5580 | 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

  • #111,581
  • Sep 16, 2012 2:33am Sep 16, 2012 2:33am
Quoting kenfen69
Dying to break out!!!
Quoting PayTheLimit
thing has gone sideways for a few years mostly, we would need a big fundie for a breakout, I've lost a lot of money trying to anticipate them on the monthly chart before...
Or DOWN...I could/should have said. You make me delirious...what can I say?

Not my pair to begin with, but if that's going anywhere...south she be! Tight (monthly ) stops!
  • #111,582
  • Sep 16, 2012 2:39am Sep 16, 2012 2:39am
From the (shy) Infinitus!

His finger isn't usually too far off the pulse...

http://4.bp.blogspot.com/-d_0o_wbSrZ...snapshot+l.png
  • #111,583
  • Sep 16, 2012 2:43am Sep 16, 2012 2:43am
Quoting infinitus
Here we go.

I chose the 10min TF
Ooops....missed that.

Thanks. Nice, too!

M10 does good things...good views.
  • #111,584
  • Sep 16, 2012 2:48am Sep 16, 2012 2:48am
Quoting kenfen69
Or DOWN...I could/should have said. You make me delirious...what can I say?

Not my pair to begin with, but if that's going anywhere...south she be! Tight (monthly ) stops!
I recall lassoing this one in sterling almost 10 years ago, I dont recall the FA behind it. It tested the resistance and came off sharply, but was back up in no time. I bought one and three month out of the money calls by the carload, and it payed big, might have been my 3rd or 4th largest trade of my career. They do pay big sometimes, you just have to pick your spots..I dont have any coffee or sugar, or nat gas or wheat charts to show you some of the large losses, but overall my monthly plays netted me some good green. Using options helps, because you know your risk, and the leverage can be huge..
Attached Image (click to enlarge)
Click to Enlarge Name: chart 1.gif Size: 18 KB
Look Sharp/Trade Tight
  • #111,585
  • Sep 16, 2012 2:54am Sep 16, 2012 2:54am
Quoting chazzle
p/os to short GCAD inverse C&H - probably won't hit in Asia though , lets see
glad i left it alone after that - was keeping an eye last week , with a running commentary in my head - " up / down / wait - shit - up - 3rd touch denied - whuh? back up?" glad my account wasn't following that BS ....

zoomed in a bit off weekly where i saw the ICH back to daily - "it's definitely up" --- looking for longs this week
Attached Image (click to enlarge)
Click to Enlarge Name: gcd1.jpg Size: 92 KB
  • #111,586
  • Sep 16, 2012 2:58am Sep 16, 2012 2:58am
Quoting kenfen69
From the (shy) Infinitus!

His finger isn't usually too far off the pulse...

http://4.bp.blogspot.com/-d_0o_wbSrZ...snapshot+l.png
The orange wave C down is a mess to count:


two variants:


down from the top of orange B:


a) to count is as ending or maybe leading diagonal

the ending diagonal would certainly end where I placed orange C

the leading diagonal would force a more bearish count with targets below 0.85 (I think).

When the leading dagonal ends at around 1.08, price would need to retrace very deep, up to into the 1.4x area. I personally find that not too likely

But when it happens, the following wave 3 down will go into the 0.85 region at least.


b) the C wave down unfolds as double or tripple zigzag.

if true we are in the second zigzag down, in this we are in the B wave up wich has limitations at 3485



Or we have the Prechter count with a finished triangle. The triangle finished @ 42x top, so now we are down in a series of 1-2's

Here we are in the second wave 2, which also has limitations to 3485


3485 is the definit line in the sand. When higher, than probably much higher into the 1.40 at least
  • #111,587
  • Sep 16, 2012 3:13am Sep 16, 2012 3:13am
Quoting PayTheLimit
I recall lassoing this one in sterling almost 10 years ago, I dont recall the FA behind it. It tested the resistance and came off sharply, but was back up in no time. I bought one and three month out of the money calls by the carload, and it payed big, might have been my 3rd or 4th largest trade of my career. They do pay big sometimes, you just have to pick your spots..I dont have any coffee or sugar, or nat gas or wheat charts to show you some of the large losses, but overall my monthly plays netted me some good green. Using options helps, because...


Awesome...totally awesome!!!

It's the stuff that gator preaches. Keep'em tight...time and time again...but one... ... ...that fakker is going right out of the park!!!

If I could be...OQ's ears, heart and soul. PTL's semi-modern/bridge it to the screen' we trade on. sisse's freaked...RIGHT the fak out, finger on the Fundamental trigger...Gator's .000000000000065...

Hatche's comprehension! USD Bear's chanelling!

^THIS...is what makes the ultimate trader! This...is why we hang about together...I think!?!

Forgive if I left anyone out. Please...don't swing your dick in here...you know that story by now!

We all have our traits...some we give...some we borrow. <--Damn healthy loop!

Useless. Under the radar.

Win!

(Cheese-ball...sorry!)
  • #111,588
  • Sep 16, 2012 3:17am Sep 16, 2012 3:17am
There's a domestic disturbance right outside my window (street level).

I want to go down... but, dayum...

I'm getting too old for this shit(e)

Leave me alone!!!!!!!!!!!!!!!!
  • #111,589
  • Sep 16, 2012 3:22am Sep 16, 2012 3:22am
I'm sure the Bear is on this one, interesting chart, retest of the recent swing low/mid ongoing for the four months now...note 84.29, from 1995 capping it for the last two years...
Attached Image (click to enlarge)
Click to Enlarge Name: chart 1.gif Size: 19 KB
Look Sharp/Trade Tight
  • #111,590
  • Sep 16, 2012 3:23am Sep 16, 2012 3:23am
Quoting kenfen69
There's a domestic disturbance right outside my window (street level).

I want to go down... but, dayum...

I'm getting too old for this shit(e)

Leave me alone!!!!!!!!!!!!!!!!
pour some cold water on the bastards if you can...
Look Sharp/Trade Tight
  • #111,591
  • Sep 16, 2012 3:29am Sep 16, 2012 3:29am
Quoting PayTheLimit
I'm sure the Bear is on this one, interesting chart, retest of the recent swing low/mid ongoing for the four months now...note 84.29, from 1995 capping it for the last two years...
slightly longerterm view...
Attached Image (click to enlarge)
Click to Enlarge Name: chart 1.gif Size: 22 KB
Look Sharp/Trade Tight
  • #111,592
  • Sep 16, 2012 3:38am Sep 16, 2012 3:38am
Quoting PayTheLimit
I'm sure the Bear is on this one, interesting chart, retest of the recent swing low/mid ongoing for the four months now...note 84.29, from 1995 capping it for the last two years...
Hi PTL, nice to see you back, had a nice summer?
Yen......, just bought me a whole factory of patience pills, the doctor said I shouldn't swallow them constantly, but I seem to become a bit addicted
Don't be a hero. Don't have an ego. Always question yourself
  • #111,593
  • Sep 16, 2012 3:49am Sep 16, 2012 3:49am
Quoting USD-Bear
Hi PTL, nice to see you back, had a nice summer?
Yen......, just bought me a whole factory of patience pills, the doctor said I shouldn't swallow them constantly, but I seem to become a bit addicted
yes mate, nice summer...


keep ordering those pills, you might need to hold those yen for a few years and a nice move towards 98 or 108......good luck mate
Look Sharp/Trade Tight
  • #111,594
  • Sep 16, 2012 3:56am Sep 16, 2012 3:56am
Quoting PayTheLimit
pour some cold water on the bastards if you can...
Just missed the bastarD!!! Total prick. Talked to the coppers instead. He's gone to the clink. Girly whent home crying...confused. some people just blow.

Whatever.
  • #111,595
  • Sep 16, 2012 3:56am Sep 16, 2012 3:56am
There's that Bear!
  • #111,596
  • Sep 16, 2012 3:57am Sep 16, 2012 3:57am
Quoting PayTheLimit
I recall lassoing this one in sterling almost 10 years ago, I dont recall the FA behind it.
I was just about to delete that chart, when I zoomed it out a tad, funny how those levels acted years later, and might have something to say yet again...
Attached Image (click to enlarge)
Click to Enlarge Name: chart 1.gif Size: 21 KB
Look Sharp/Trade Tight
  • #111,597
  • Sep 16, 2012 4:01am Sep 16, 2012 4:01am
Quoting kenfen69
some people just blow.
aint that the truth..
Look Sharp/Trade Tight
  • #111,598
  • Sep 16, 2012 4:09am Sep 16, 2012 4:09am
Quoting PayTheLimit
I'm sure the Bear is on this one, interesting chart, retest of the recent swing low/mid ongoing for the four months now...note 84.29, from 1995 capping it for the last two years...
just had a quick look - interesting to see the OCT/MAR swing sharing the fib "line-in-sand" 78.6 with FEB bull real body
Attached Image (click to enlarge)
Click to Enlarge Name: UJM.jpg Size: 80 KB
  • #111,599
  • Sep 16, 2012 4:17am Sep 16, 2012 4:17am
Quoting PayTheLimit
aint that the truth..
Damn happy your back, mofo! Nearly lost a bit of reality.

Catch you at the bell.












Hi Chaz!

Good geezers to left of me...the right... yada, yada, yada..

  • #111,600
  • Sep 16, 2012 4:22am Sep 16, 2012 4:22am
Quoting chazzle
just had a quick look - interesting to see the OCT/MAR swing sharing the fib "line-in-sand" 78.6 with FEB bull real body
yes indeed, would have prefered the mid see more respect, but that bar remains important and my view...
Look Sharp/Trade Tight
145 traders viewing now