The Really Useless Thread | Page 5871 | 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

  • #117,401
  • Oct 11, 2012 10:35am Oct 11, 2012 10:35am
Quoting Gleneagles
i think the one on the left is an orphan

i wonder whether i can adopt the poor girl
Never say never! Everything's possible...
Hear the music before the song is over ...
  • #117,402
  • Oct 11, 2012 10:42am Oct 11, 2012 10:42am
Quoting GlobalMacro
Don't worry about that today...you picked the right day for that.


edit: damn...I read somehow € bull....anyway good day either way
Yes Sir It's ok, pullback expected, although euro hasn't indicated it has wanted to drop yet, but most of the other pairs have indicated the reversal.
  • #117,403
  • Oct 11, 2012 10:48am Oct 11, 2012 10:48am
Quoting kenfen69


http://www.youtube.com/watch?v=Pr3sBks5o_8
this one was ...
looking for investors . pm me
  • #117,404
  • Oct 11, 2012 10:55am Oct 11, 2012 10:55am
apple drops some
those who can, do. those who cant, talk about those who can
  • #117,405
  • Oct 11, 2012 10:56am Oct 11, 2012 10:56am
going long...
Attached Image (click to enlarge)
Click to Enlarge Name: cjh4.JPG Size: 53 KB
  • #117,406
  • Oct 11, 2012 11:05am Oct 11, 2012 11:05am
Quoting chazzle
going long...
if that upper tl starts at the higher wick top, its still in the channel.
those who can, do. those who cant, talk about those who can
  • #117,407
  • Oct 11, 2012 11:11am Oct 11, 2012 11:11am
for those of you who are interested
Attached File(s)
File Type: pdf Dustbin Trading.pdf   72 KB | 790 downloads
  • #117,408
  • Oct 11, 2012 11:16am Oct 11, 2012 11:16am
Quoting gatorinla
if that upper tl starts at the higher wick top, its still in the channel.
looks like the channel's drawn off the closing prices...
Hear the music before the song is over ...
  • #117,409
  • Oct 11, 2012 11:19am Oct 11, 2012 11:19am
Quoting GlobalMacro
looks like the channel's drawn off the closing prices...
some are.. some are not. look at the right touch on the upper one.
those who can, do. those who cant, talk about those who can
  • #117,410
  • Oct 11, 2012 11:20am Oct 11, 2012 11:20am
Quoting AllyB
for those of you who are interested

Thanks Ally
"Millionaires don't use astrology, billionaires do"
  • #117,411
  • Oct 11, 2012 11:28am Oct 11, 2012 11:28am
Quoting gatorinla
if that upper tl starts at the higher wick top, its still in the channel.
my first choice for levels is closing price - recently started applying to TLs also - but the main thing for me is the bullish push through SEP high - close of the weekly candle at 7995. I see what you mean about the utl - I moved it to have a look
  • #117,412
  • Oct 11, 2012 11:28am Oct 11, 2012 11:28am
Quoting gatorinla
some are.. some are not. look at the right touch on the upper one.

As I see it, he's drawn the lower channel line off the lower closing prices and then drawn a parallel line off the highest closing price;
Therefore the right touch you mentioned corresponds to the reaction to the parallel line i.e. utl...
Hear the music before the song is over ...
  • #117,413
  • Oct 11, 2012 11:49am Oct 11, 2012 11:49am
Quoting gatorinla
apple drops some
NasdAAPL...

Attached Image (click to enlarge)
Click to Enlarge Name: 1D3.PNG Size: 44 KB


Attached Image (click to enlarge)
Click to Enlarge Name: 1D2.PNG Size: 45 KB


Good gawd is that thing ever weighted!

(Both M30's...scale is a bit off, though.)
  • #117,414
  • Edited 12:01pm Oct 11, 2012 11:50am | Edited 12:01pm
Quoting GlobalMacro
As I see it, he's drawn the lower channel line off the lower closing prices and then drawn a parallel line off the highest closing price;
Therefore the right touch you mentioned corresponds to the reaction to the parallel line i.e. utl...
if that be the case. then the L tl one would have 2 points touching at closes. then the upper would be correct it parallels. correct me if wrong. i dont see the lower parallel starting at 2 closes. i see one close touch. i see another very close. it dont appear to be exact. if so the trajectory changes.
i did understand what he was showing. i agree with the direction mostly. i only closed my long because of e-close and the normal move back to 2870 area. before 3003. what he is showing may be correct. the next h close is my 4h.. if its a i hammer i hold my s..
those who can, do. those who cant, talk about those who can
  • #117,415
  • Oct 11, 2012 11:52am Oct 11, 2012 11:52am
Quoting chazzle
my first choice for levels is closing price - recently started applying to TLs also - but the main thing for me is the bullish push through SEP high - close of the weekly candle at 7995. I see what you mean about the utl - I moved it to have a look
watching this h close. my 4
those who can, do. those who cant, talk about those who can
  • #117,416
  • Oct 11, 2012 11:57am Oct 11, 2012 11:57am
Quoting chazzle
my first choice for levels is closing price - recently started applying to TLs also - but the main thing for me is the bullish push through SEP high - close of the weekly candle at 7995. I see what you mean about the utl - I moved it to have a look
?
Attached Image
those who can, do. those who cant, talk about those who can
  • #117,417
  • Oct 11, 2012 12:01pm Oct 11, 2012 12:01pm
Quoting gatorinla
if that be the case. then the L tl one would have 2 points touching at closes. then the upper would be correct it parallels. correct me if wrong. i dont see the lower parallel starting at 2 closes. i see one close touch. i see another very close. it dont appear to be exact. if so the trajectory changes.
i did understand what he was showing. i agree with the direction mostly. i only closed my long because of e-close and the normal move back to 2870 area. before 3003. what he is showing may be correct. the next h close is my 4h.. if its a hammer...
The lower line isn't drawn exactly to the close, that's for sure, but looks like starting point was close of the long bear candle to the left and the close of doji to the right.


In terms of EUR/USD, I believe there's still juice left in there to take her up to near the handle.


btw, what do you mean by normal move back to 2870...
Hear the music before the song is over ...
  • #117,418
  • Oct 11, 2012 12:01pm Oct 11, 2012 12:01pm
Quoting kenfen69
Good gawd is that thing ever weighted!

(Both M30's...scale is a bit off, though.)
Direct overlay of Nasdaq on Apple...

Attached Image (click to enlarge)
Click to Enlarge Name: 1D2.PNG Size: 83 KB


Conclusion: AAPL is leading indicator. AND...is extremely weighted.
  • #117,419
  • Oct 11, 2012 12:06pm Oct 11, 2012 12:06pm
Quoting gatorinla
?
I put all those levels on my chart once - what a fakking mess
  • #117,420
  • Oct 11, 2012 12:08pm Oct 11, 2012 12:08pm
Heres what I got so far. We have either put the current high in, or if that is broken, up too 2980 min. 1h is looking more pennant at the moment.
22 traders viewing now