The Really Useless Thread | Page 5995 | 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

  • #119,881
  • Oct 26, 2012 9:13am Oct 26, 2012 9:13am
Quoting gatorinla
2444 is still valid in the low 32xx.... i kinda see things that way.. if we close today above 2935 is one sign.. 3272+ this week or next another as long as the same for the bears with 2802 week closed below.
Ok. Agree I got the same view (again is 3 weeks in a row waiting for the same outlook to pan out...). 1.264x with intermediate stop 1.272x. 1.243x closed until test 1.272x but that's the swing retrace...the chop and consolidation (and the daily move up) is and keep coming from the top in September that wasn't completed in my charts .....it looks more than lack of buying interest at the highs more than profit taking ...so until then we will have a wide range....

In any case like the last 3 weeks I would prefer a break of highs before the swing down ....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #119,882
  • Oct 26, 2012 9:27am Oct 26, 2012 9:27am
Gonna be some Bunga Bunga in the prison showers

http://www.bbc.co.uk/news/world-europe-20102215
  • #119,883
  • Oct 26, 2012 9:29am Oct 26, 2012 9:29am
Daily on the Aussie looks like she wants to punch through to the north.
  • #119,884
  • Oct 26, 2012 9:38am Oct 26, 2012 9:38am
Quoting Venice
Daily on the Aussie looks like she wants to punch through to the north.
yup - good few taps of that range mid now - and supported by bull engulfing couple of days ago
  • #119,885
  • Oct 26, 2012 9:38am Oct 26, 2012 9:38am
That time in the day... when you realize nothing else is getting done at work.

Is now. lol
  • #119,886
  • Oct 26, 2012 9:56am Oct 26, 2012 9:56am
looking to short cable below 6090
looking for investors . pm me
  • #119,887
  • Oct 26, 2012 9:56am Oct 26, 2012 9:56am
things wicky on the 30m, bearish. (except above 29)... the h closes in 4m.. if its above 29.. it will be wicky if just above.. but still above.. not a clear cut situation..
those who can, do. those who cant, talk about those who can
  • #119,888
  • Oct 26, 2012 10:02am Oct 26, 2012 10:02am
Day and week are over in my charts after the European close. Nothing to see in any market, all entering in intraday chop ranges for the close... Clearing all across the board.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #119,889
  • Oct 26, 2012 10:03am Oct 26, 2012 10:03am
Quoting gatorinla
things wicky on the 30m, bearish. (except above 29)... the h closes in 4m.. if its above 29.. it will be wicky if just above.. but still above.. not a clear cut situation..
Market freaking out as usual. It's like a little kid, completely ADHD... and throws temper tantrums at good and bad news.
  • #119,890
  • Oct 26, 2012 10:11am Oct 26, 2012 10:11am
Quoting Venice
Market freaking out as usual. It's like a little kid, completely ADHD... and throws temper tantrums at good and bad news.
manic depressant 16 year old girl, crack head mixing meth the first time, to me. on a acid trip..
those who can, do. those who cant, talk about those who can
  • #119,891
  • Oct 26, 2012 10:28am Oct 26, 2012 10:28am
e-close in 3
those who can, do. those who cant, talk about those who can
  • #119,892
  • Oct 26, 2012 11:08am Oct 26, 2012 11:08am
Quoting chazzle
great looking pin right on the number - long for a couple
pin still intact but the level's gone and momentum ain't on my side - bailed -13
Attached Image
  • #119,893
  • Oct 26, 2012 11:11am Oct 26, 2012 11:11am
Example cluster blow through. I bought in the cluster, I was wrong. Closed for a small loss. Reversed directions and sold the retest of the cluster from below and closed out for +12.

Obviously can aim for more, but just wanted to pay myself back and then some.

Bias is now to the south until its not.
Attached Image (click to enlarge)
Click to Enlarge Name: aussie.gif Size: 21 KB
  • #119,894
  • Edited 12:37pm Oct 26, 2012 12:26pm | Edited 12:37pm
Quoting sisse
Ok. Agree I got the same view (again is 3 weeks in a row waiting for the same outlook to pan out...). 1.264x with intermediate stop 1.272x. 1.243x closed until test 1.272x but that's the swing retrace...the chop and consolidation (and the daily move up) is and keep coming from the top in September that wasn't completed in my charts .....it looks more than lack of buying interest at the highs more than profit taking ...so until then we will have a wide range....

In any case like the last 3 weeks I would prefer a break of highs before the swing...
i looked a little deeper.. with the new low. it put 2812 as a st target.. and or 2826... it also went lower then the support i figured we would bounce at..by just a few it broke.. but it was a break 2989.. we still can go to 3014.. but probably no higher then 3025.. so i will look for weakness to s there. but i no longer have a solid reason for that bounce to there. anyway i am looking to close my long. if we close a h below 2929. even though my 4 h closed bullish..
Attached Image (click to enlarge)
Click to Enlarge Name: ob.PNG Size: 24 KB
those who can, do. those who cant, talk about those who can
  • #119,895
  • Oct 26, 2012 12:44pm Oct 26, 2012 12:44pm
Quoting gatorinla
i looked a little deeper.. with the new low. it put 2812 as a st target.. and or 2826... it also went lower then the support i figured we would bounce at..by just a few it broke.. but it was a break 2989.. we still can go to 3014.. but probably no higher then 3025.. so i will look for weakness to s there. but i no longer have a solid reason for that bounce to there. anyway i am looking to close my long. if we close a h below 2929. even though my 4 h closed bullish..
i have no problem closing mu L... but the 4h closed bullish pieced.. the one h has a long lower wick and closed above 29...the 1 h is an inside candle.. the 4h is not..
those who can, do. those who cant, talk about those who can
  • #119,896
  • Oct 26, 2012 1:10pm Oct 26, 2012 1:10pm
good weekend all , Eid Mubarak - don't get too drunk etc etc

Inserted Video
  • #119,897
  • Edited Oct 27, 2012 3:29am Oct 26, 2012 1:24pm | Edited Oct 27, 2012 3:29am
Quoting gatorinla
i have no problem closing mu L... but the 4h closed bullish pieced.. the one h has a long lower wick and closed above 29...the 1 h is an inside candle.. the 4h is not..
not to mention the daily is looking wickish/dojiish
Attached Image(s) (click to enlarge)
Click to Enlarge Name: chart 2.gif Size: 19 KB
Click to Enlarge Name: chart 3.gif Size: 19 KB
Look Sharp/Trade Tight
  • #119,898
  • Oct 26, 2012 1:29pm Oct 26, 2012 1:29pm
Quoting gatorinla
i have no problem closing mu L... but the 4h closed bullish pieced.. the one h has a long lower wick and closed above 29...the 1 h is an inside candle.. the 4h is not..
Demand consumption?
Attached Image (click to enlarge)
Click to Enlarge Name: euro.gif Size: 18 KB
  • #119,899
  • Oct 26, 2012 2:07pm Oct 26, 2012 2:07pm
Quoting Venice
Demand consumption?
lots of s/r...old 52... the others mentioned earlier. and it would be the mid area to the day at 35/ open... and the mid to 3014 area 29/60
those who can, do. those who cant, talk about those who can
  • #119,900
  • Oct 26, 2012 2:31pm Oct 26, 2012 2:31pm
Quoting kenfen69
Another zone...

http://www.forexfactory.com/attachme...1&d=1351250107

Feels like its been here before, though.
Funky monkey...

Attached Image (click to enlarge)
Click to Enlarge Name: 1D.PNG Size: 42 KB
16 traders viewing now