The Really Useless Thread | Page 6024 | 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

  • #120,461
  • Edited 5:16pm Nov 1, 2012 5:01pm | Edited 5:16pm
things go spastic ( mental ) till the year end
Attached Image (click to enlarge)
Click to Enlarge Name: eu daily 011112.gif Size: 32 KB
  • #120,462
  • Nov 1, 2012 10:11pm Nov 1, 2012 10:11pm
Quoting gatorinla
looking for gbp weakness 6164/83... atm at 6161 with 6164 high
took a little off the table. b.e. some.
those who can, do. those who cant, talk about those who can
  • #120,463
  • Nov 1, 2012 10:32pm Nov 1, 2012 10:32pm
Quoting gatorinla
possible eg long .8002/.8005 with bear weakness. with a tight stop.
this one and the gbp went to where was needed. this one could be a resumption of trend and if not, a 5 pip stop wasn't so bad for the chance for hundreds.
those who can, do. those who cant, talk about those who can
  • #120,464
  • Nov 1, 2012 10:42pm Nov 1, 2012 10:42pm
the gy has also hit a target. so a 2915 pullback could be in the future, the nearer to 129.64 the better for a short.. there or any time now. weakness there or anytime should be looked for. i say 129.15, but 127.65 is cool too. i try not to hold any aud pairs s for more then a brief amount of days. the fundis are saying japan will loosen cash.. but they have said this a while. you cant push uphill without a rest forever. simple.. no weakness... then dont short it... if you do, dont have a wide stop.. take the loss and move on
those who can, do. those who cant, talk about those who can
  • #120,465
  • Nov 1, 2012 11:03pm Nov 1, 2012 11:03pm
Good R/R on Gold.

Don't know about the levels...but it is either staying in the channel and moving higher (1728ish) or breaking the flag to the downside (1690ish).

BR
Attached Image (click to enlarge)
Click to Enlarge Name: gold1.gif Size: 21 KB
  • #120,466
  • Nov 1, 2012 11:36pm Nov 1, 2012 11:36pm
morning..
Look Sharp/Trade Tight
  • #120,467
  • Nov 1, 2012 11:57pm Nov 1, 2012 11:57pm
1.2951
1.3013
1.3076
Attached Image (click to enlarge)
Click to Enlarge Name: 463.jpg Size: 42 KB
The Thief of Wall Street
  • #120,468
  • Nov 2, 2012 12:04am Nov 2, 2012 12:04am
and I'm using 3017, 3076/84, and 2933, 2885/88, and 2810/23....


..
Look Sharp/Trade Tight
  • #120,469
  • Nov 2, 2012 12:16am Nov 2, 2012 12:16am
back later..
Attached Image
Look Sharp/Trade Tight
  • #120,470
  • Nov 2, 2012 12:47am Nov 2, 2012 12:47am
a close below 2903.8 would be awesome for this h.
  • #120,471
  • Nov 2, 2012 12:52am Nov 2, 2012 12:52am
Long GOLD 1708.71
added at 1707.63 and 1706.83

My main trading is carried out via automated strategies. I do not trade with stops, but rather offset risk (hedge) in other accounts. For this trade either with short gold or short silver. Depending on changes in PA and how long the trade takes to mature, I will add to the original long and or hedge it and come back to this specific trade later.

BR

Quoting Big1red9
Good R/R on Gold.

Don't know about the levels...but it is either staying in the channel and moving higher (1728ish) or breaking the flag to the downside (1690ish).

BR
  • #120,472
  • Nov 2, 2012 1:16am Nov 2, 2012 1:16am
If price reaches it.. opening previous EU hedge, by closing profitable short side at 1.2887.

I will attempt to exit long side at 1.3010 or higher. If I have too, I will re-hedge it and then wait.
  • #120,473
  • Nov 2, 2012 1:17am Nov 2, 2012 1:17am
Quoting Mr Hatch
a close below 2903.8 would be awesome for this h.
done.

we are close to the 55-ema on daily (2877ish) and the 200 ema right below. they crossed a couple of day ago. watch out.
  • #120,474
  • Nov 2, 2012 1:36am Nov 2, 2012 1:36am
Quoting Mr Hatch
done.

we are close to the 55-ema on daily (2877ish) and the 200 ema right below. they crossed a couple of day ago. watch out.
The 55-ema & 200-ema didn't cross a couple of days ago on my E/U daily chart...

Anyway, are you expecting an up-bounce from 1.2903?
  • #120,475
  • Nov 2, 2012 1:42am Nov 2, 2012 1:42am
Quoting kokopelli
The 55-ema & 200-ema didn't cross a couple of days ago on my E/U daily chart...

Anyway, are you expecting an up-bounce from 1.2903?
they did on mine.
Attached Image (click to enlarge)
Click to Enlarge Name: Bildschirmfoto 2012-11-02 um 07.41.55.png Size: 29 KB
  • #120,476
  • Nov 2, 2012 1:49am Nov 2, 2012 1:49am
Just north of 1711.. if PA stalls or wobbles I am out.

Quoting Big1red9
Long GOLD 1708.71
added at 1707.63 and 1706.83

My main trading is carried out via automated strategies. I do not trade with stops, but rather offset risk (hedge) in other accounts. For this trade either with short gold or short silver. Depending on changes in PA and how long the trade takes to mature, I will add to the original long and or hedge it and come back to this specific trade later.

BR
  • #120,477
  • Nov 2, 2012 1:51am Nov 2, 2012 1:51am
Quoting Mr Hatch
they did on mine.
Wow, I might have a problem with my MT4 then

white = 10ema
blue = 55ema
hot pink = 200ema

Does anyone have the same DAILY E/U chart as me???

nq427.gif
Attached Image (click to enlarge)
Click to Enlarge Name: nq427.gif Size: 26 KB
  • #120,478
  • Edited 2:01am Nov 2, 2012 2:01am | Edited 2:01am
Quoting kokopelli
Does anyone have the same DAILY E/U chart as me???
Sorry my chart shows the EMA's to have crossed too.

I've used the same colors as you
Attached Image (click to enlarge)
Click to Enlarge Name: ema.gif Size: 29 KB
I operate with clear definite rules, if I break them I lose BIG!
  • #120,479
  • Nov 2, 2012 2:04am Nov 2, 2012 2:04am
Quoting Mr Hatch
they did on mine.
FYI - I checked my ThinkorSwim platform - and got the same chart as my MT4 chart posted above. The daily-55ema has yet to cross the daily-200ema on both my MT4 and TOS daily E/U charts.
  • #120,480
  • Nov 2, 2012 2:10am Nov 2, 2012 2:10am
Quoting Icannaesee
Sorry my chart shows the EMA's to have crossed too.

I've used the same colors as you
But look at where yours crossed and compare that to where his crossed. Probably due to different daily "closing" times. One additional reason why perhaps 95% of forex traders fail to make money. The daily charts are all over the place.


Anyway, not a big deal... Just wanted to pick Hatch's brain initially.
11 traders viewing now