The Really Useless Thread | Page 5662 | 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

  • #113,221
  • Sep 21, 2012 1:40pm Sep 21, 2012 1:40pm
I thought price was extremely well behaved today.
  • #113,222
  • Sep 21, 2012 1:41pm Sep 21, 2012 1:41pm
Quoting Venice
I am still bearish on fibre. Thar rally gave me entry for shorts. I meant because she is making trades off of your numbers, without a system of her own. I know you know whats up mate
i kinda hate people following w/o a reason. i don't use indies. sometimes i will ask others to see if their indies line up with a non bias opinion. i was asking mainly about the gbp.. it seems stiff comparably to the euro.
those who can, do. those who cant, talk about those who can
  • #113,223
  • Sep 21, 2012 1:50pm Sep 21, 2012 1:50pm
Quoting gatorinla
i kinda hate people following w/o a reason. i don't use indies. sometimes i will ask others to see if their indies line up with a non bias opinion. i was asking mainly about the gbp.. it seems stiff comparably to the euro.
Cable h4... im on my phone atm cant pinpoint numbers... but we should retrace to 6184. Buy here, risk is lows, bias is bull (h4 perspective only)
  • #113,224
  • Sep 21, 2012 1:52pm Sep 21, 2012 1:52pm
Quoting gatorinla
bear engulfed gbp on the 4h.. close sub 6218 and 6216 is stronger. eu engulfed also. candle wise shorts are the way.. i just worry about triple witching today at /near close.
these closed below are better for bears. less strong, but still bearish is below 6229 (just a poke is ok).. gbp is still showing power.. at some point if we break 6229( it will probably bounce toward today's high at some point after. but before 6199).. weakness should be considered for a s to target 6199/6200... that bounce norm is 6283, but less then the high... if and only if we break 6229... it may still happen w/o this break.. just less likely
those who can, do. those who cant, talk about those who can
  • #113,225
  • Sep 21, 2012 1:57pm Sep 21, 2012 1:57pm
H&S on M15, see how it develops next Monday
Attached Image (click to enlarge)
Click to Enlarge Name: Picture0037.jpg Size: 90 KB
Don't be a hero. Don't have an ego. Always question yourself
  • #113,226
  • Sep 21, 2012 2:00pm Sep 21, 2012 2:00pm
Quoting gatorinla
these closed below are better for bears. less strong, but still bearish is below 6229 (just a poke is ok).. gbp is still showing power.. at some point if we break 6229( it will probably bounce toward today's high at some point after. but before 6199).. weakness should be considered for a s to target 6199/6200... that bounce norm is 6283, but less then the high... if and only if we break 6229... it may still happen w/o this break.. just less likely
as i typed 6229 was touched
those who can, do. those who cant, talk about those who can
  • #113,227
  • Sep 21, 2012 2:02pm Sep 21, 2012 2:02pm
Quoting gatorinla
these closed below are better for bears. less strong, but still bearish is below 6229 (just a poke is ok).. gbp is still showing power.. at some point if we break 6229( it will probably bounce toward today's high at some point after. but before 6199).. weakness should be considered for a s to target 6199/6200... that bounce norm is 6283, but less then the high... if and only if we break 6229... it may still happen w/o this break.. just less likely

cable close 6228.6

fiber 2978.8
  • #113,228
  • Sep 21, 2012 2:05pm Sep 21, 2012 2:05pm
Quoting gatorinla
these closed below are better for bears. less strong, but still bearish is below 6229 (just a poke is ok).. gbp is still showing power.. at some point if we break 6229( it will probably bounce toward today's high at some point after. but before 6199).. weakness should be considered for a s to target 6199/6200... that bounce norm is 6283, but less then the high... if and only if we break 6229... it may still happen w/o this break.. just less likely
i have a 6227 touch.. so i give more bias to the bears.. but the week closed green doji.. all we can do is look for weakness in red.. respect the high.. the week closed green
those who can, do. those who cant, talk about those who can
  • #113,229
  • Sep 21, 2012 2:06pm Sep 21, 2012 2:06pm
Quoting kill56
cable close 6228.6

fiber 2978.8
fiber under the tl
those who can, do. those who cant, talk about those who can
  • #113,230
  • Sep 21, 2012 2:08pm Sep 21, 2012 2:08pm
latter
those who can, do. those who cant, talk about those who can
  • #113,231
  • Sep 21, 2012 2:17pm Sep 21, 2012 2:17pm
Quoting gatorinla
latter
yop enjoy
Attached Image (click to enlarge)
Click to Enlarge Name: 1heur.gif Size: 24 KB
  • #113,232
  • Sep 21, 2012 2:28pm Sep 21, 2012 2:28pm
Quoting gatorinla
fiber under the tl
Yep, pretty interesting close for the day, in my opinion.

My broker, MBT, is printing 1.29778 for the close which is below the 1.2980 I was keeping a close eye on this morning that just couldn't seem to break.

Could this be foreshadowing what's to come next week? Who knows, but I like the looks of it. EA also came off hard in the final hour.

Besides those, I'm also holding EUR/GBP shorts... maybe I've got too many chips on black with so much against the Euro, but I like to think my trading skills give me a bit better odds than a roulette wheel
check out my blog: forexmademillionaire dot com
  • #113,233
  • Edited 7:46pm Sep 21, 2012 6:57pm | Edited 7:46pm
Quoting Geppy
Besides those, I'm also holding EUR/GBP shorts... maybe I've got too many chips on black with so much against the Euro, but I like to think my trading skills give me a bit better odds than a roulette wheel
I know a sure way of winning on American Roulette. I actually live off on that skill visiting Vegas in winter for few days and Atlantic City in summer. Sometimes I go to Genting Highland, Blackforest, Nairobi and Katmandu, etc.

PM if you want to know this secret
The Thief of Wall Street
  • #113,234
  • Sep 21, 2012 10:16pm Sep 21, 2012 10:16pm
Quoting Geppy
Yep, pretty interesting close for the day, in my opinion.

My broker, MBT, is printing 1.29778 for the close which is below the 1.2980 I was keeping a close eye on this morning that just couldn't seem to break.

Could this be foreshadowing what's to come next week? Who knows, but I like the looks of it. EA also came off hard in the final hour.

Besides those, I'm also holding EUR/GBP shorts... maybe I've got too many chips on black with so much against the Euro, but I like to think my trading skills give me a bit better odds than a roulette wheel...
i am looking for another pair less dependent on the euro or the usd. i am looking to long the aud/nzd at some point. it has a great long outlook that may last a very long time on bigger charts. but it like the ea is in a pullback mode that could last a long time.. the aud and the kiwi are commodity currencies. the aud is geared more to hard assets like oil, coal iron gold.. the kiwi more agriculture. no matter what happens live people have to eat. and the qe may lean more toward agriculture. last year we had unrest in the Mideast when the grains rose.. long story short.. i may short the aud soon .. and long it later.. i see a few supports i would like broken first..if it looks right i will long the supports. and sell the bounces..
those who can, do. those who cant, talk about those who can
  • #113,235
  • Sep 22, 2012 8:21am Sep 22, 2012 8:21am
Quoting gatorinla
how many pips is the green line to the left?
Quoting chazzle
959 pips
Quoting chazzle
will leave that one on the chart for a month or two
almost forgot about this - didn't even need the month

This move was 947 pips

edit: original chart was wiped - just recreated it now ... I think it's pretty much accurate
Attached Image (click to enlarge)
Click to Enlarge Name: q12.jpg Size: 74 KB
  • #113,236
  • Sep 22, 2012 9:32am Sep 22, 2012 9:32am
Quoting Geppy
Yup, that's what I've been eyeing, bro. It's going to be an interesting zone there... either bounce and continue higher, or bounce and give a re-entry for shorts. I still prefer the latter, but I'm open minded
i think i will turn my trade there, targeting 1.3.
time left to think it over.
we'll see how price develops.
EW count could give me approval.
  • #113,237
  • Sep 22, 2012 11:56am Sep 22, 2012 11:56am
the funniest shit... who the fack is neil?

Inserted Video
  • #113,238
  • Sep 22, 2012 12:30pm Sep 22, 2012 12:30pm
http://www.forexfactory.com/showthread.php?t=385478
  • #113,239
  • Sep 22, 2012 12:32pm Sep 22, 2012 12:32pm
Inserted Video
  • #113,240
  • Sep 22, 2012 12:41pm Sep 22, 2012 12:41pm
Quoting chazzle
almost forgot about this - didn't even need the month

This move was 947 pips

edit: original chart was wiped - just recreated it now ... I think it's pretty much accurate
yep still waiting for an answer on that question the homo king asked

i mean i went to the effort to measure it up and all
11 traders viewing now