The Really Useless Thread | Page 6016 | 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

  • #120,301
  • Oct 31, 2012 5:29pm Oct 31, 2012 5:29pm
Quoting kenfen69
What a surprise!

(Pasted straight from Zero Hedge)

HFT Caught-Red Handed In FX Trading
Submitted by Tyler Durden on 10/31/2012 15:50 -0400


After decimating equity and commodity markets, the HiFreqs have boldly gone and broken another market - FX. But that is not news: we reported over two years ago, that while HFT accounting for all of the churn - not liquidity - in stocks, bonds, and commodities, HFT had moved on to the final frontier, FX, where even the smallest moves now are catalysts for avalanche-like surges and...
The sad part is, is that I don't mind it because it makes the markets predictable... unless the environment I have learned is just the worst that it has ever been and has only been getting worse... but this market has been my baseline, so to speak.
  • #120,302
  • Oct 31, 2012 5:48pm Oct 31, 2012 5:48pm
Quoting AllyB
the stock exchange was operating off generators today and internet access was not good so it really wasn't that bad for the conditions they were under. oh and phone lines were also down which didn't help either.
sumed it up nicely and all them guys in red jackets waving arms in the air are just for the news reports and shit like that

gawd knows what nfp brings but a nice break out off the 4hr range would be nice st im still looking at the indexes to drop slightly lower for a nice buy so all in all dustbins have ruled for the last few months
  • #120,303
  • Oct 31, 2012 6:30pm Oct 31, 2012 6:30pm
Quoting Jay Walker
I'm buying a round. Gimme a double.
soo.. double for all ?? or only for you ???
  • #120,304
  • Oct 31, 2012 6:36pm Oct 31, 2012 6:36pm
Quoting Piters
soo.. double for all ?? or only for you ???
Everymofo...err I mean everybody!
Not all sins are created equal
  • #120,305
  • Oct 31, 2012 7:14pm Oct 31, 2012 7:14pm
Quoting gatorinla
52 and 55 are levels. 59 yesterdays close.
looks like a bounce atm using the last h's candle. the day closed with a bearish indication ss.. on some platforms. the doji is red. on this chart it needed 2959 and closed at 2960 making it green..

in the one action shows it was 2961 yesterday and 2958 today. making it lower. at the least, one is wrong.. the dpp is 2975 http://www.actionforex.com/markets/p...2010040848154/
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Capture4.PNG Size: 13 KB
Click to Enlarge Name: charts.PNG Size: 41 KB
those who can, do. those who cant, talk about those who can
  • #120,306
  • Oct 31, 2012 7:37pm Oct 31, 2012 7:37pm
Quoting kenfen69
He's in Dublin...getting a dose of "his own kind." Well...other than his Useless Bastard kind.

Needed a break. I had to ship a fairly large amount of stuff back to my lady after her trip was cut short while we were away. It was going to cost a fortune...I hand delivered instead...and then came to Dublin. No laptop...its been good. Will be a knocking around a little, but probably won't be back till next Thursday, or so.
you're still alive then...

Inserted Video


can't say the same for the bee gees tho'
  • #120,307
  • Oct 31, 2012 7:53pm Oct 31, 2012 7:53pm
so anyone planning on growing facial hair for "m"ovember?

http://www.movember.com/
  • #120,308
  • Oct 31, 2012 8:18pm Oct 31, 2012 8:18pm
Quoting kenfen69

Oh yeah...Lucas? $4.05 billion to Disney? Now you can grow a few more chins, jawn-o!

Star Wars VII, VIII, X, XX... here we come.
Inserted Video
  • #120,309
  • Oct 31, 2012 8:31pm Oct 31, 2012 8:31pm
Quoting FibbinArchie
so anyone planning on growing facial hair for "m"ovember?

http://www.movember.com/
i am not only the president..i am also a client

Inserted Video
those who can, do. those who cant, talk about those who can
  • #120,310
  • Oct 31, 2012 8:38pm Oct 31, 2012 8:38pm
Quoting gatorinla
i am not only the president..i am also a client

http://www.youtube.com/watch?v=IuRLGdGnqSU
Inserted Video
  • #120,311
  • Oct 31, 2012 11:33pm Oct 31, 2012 11:33pm
morning..
Look Sharp/Trade Tight
  • #120,312
  • Edited Nov 1, 2012 2:48am Oct 31, 2012 11:46pm | Edited Nov 1, 2012 2:48am
Quoting PayTheLimit
one eye on 3017, 3076/84, and 2933...
sames today, and 2885/88, 2814/23...
Attached Image (click to enlarge)
Click to Enlarge Name: chart1.gif Size: 29 KB
Look Sharp/Trade Tight
  • #120,313
  • Oct 31, 2012 11:57pm Oct 31, 2012 11:57pm
That's it mofos. I'm short!

@1.2964

http://www.forexfactory.com/attachme...mentid=1069955

:nerd:
Not all sins are created equal
  • #120,314
  • Nov 1, 2012 12:09am Nov 1, 2012 12:09am
wickish inside bar on the monthly, last months mid is 2971, and 150% up is 3306, and 150% down is 2635...
Look Sharp/Trade Tight
  • #120,315
  • Nov 1, 2012 12:40am Nov 1, 2012 12:40am
bbl..
Look Sharp/Trade Tight
  • #120,316
  • Nov 1, 2012 1:41am Nov 1, 2012 1:41am
morning...

waiting for LO

i don`t have a clue looking at the charts

edit: i don`t have a clue even when i am not looking at the charts
" Never let the past hold the future to ransom "
  • #120,317
  • Nov 1, 2012 1:48am Nov 1, 2012 1:48am
Morning...

Have you looked into or do you think there would any benefit in using Range or Renko's for dust bins?

Thanks!
BR

Quoting Gleneagles
morning...

waiting for LO

i don`t have a clue looking at the charts

edit: i don`t have a clue even when i am not looking at the charts
  • #120,318
  • Nov 1, 2012 2:13am Nov 1, 2012 2:13am
Quoting Big1red9
Morning...

Have you looked into or do you think there would any benefit in using Range or Renko's for dust bins?

Thanks!
BR
morning...

I tried Renko with a few different settings.

It does a great job filtering small ranges and choppy PA but the major disadvantage is that the price patterns that I look for trading candlesticks are lost in the Renko bars.

The Renko experts use their own price patterns and I am sure it works for them.

Long story short.....I prefer trading normal candlesticks
" Never let the past hold the future to ransom "
  • #120,319
  • Nov 1, 2012 2:20am Nov 1, 2012 2:20am
morning all - yesterdays low in the balance right now ... exactly 24hrs ago
  • #120,320
  • Nov 1, 2012 2:21am Nov 1, 2012 2:21am
Quoting Gleneagles
2946 will be key level to watch

if Asia can prop this level , i will be looking to buy a few dustbins tomorrow

catch up at LO
still waiting for 2946 level to be resolved

standing aside for now
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_17 Nov. 01 09.19.jpg Size: 99 KB
" Never let the past hold the future to ransom "
107 traders viewing now