The Really Useless Thread | Page 6091 | 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

  • #121,801
  • Nov 9, 2012 8:06am Nov 9, 2012 8:06am
yaaaayyy ,, its working
Quoting Venice
Informed by Twee, we can indeed use lightbox now. It's a thing, yay!!

Profile > User Options > Thread Display Options Box > Image Viewing Mode. Select "Lightbox" as your choice.

Click on an image attachment and look at the image through lightbox glory.
  • #121,802
  • Nov 9, 2012 8:09am Nov 9, 2012 8:09am
ok i am leaving it open with a stop just below 5890, TP 5959 for now, might be moving TP to 6020 (depending on the look of H4), I will be looking to short it at 6020+


Quoting hkkhanus
Is it just me or the subject box from posting page has actually been taken off?

GU: i totally forgot about this PO, it just got filled I was meant to delete it yesterday but now i will leave it open and see what this H1 candle close smells like
  • #121,803
  • Nov 9, 2012 8:18am Nov 9, 2012 8:18am
ok so the PO did get filled, closed the one I took earlier manually with some positive,,,
Closing 30% of this one too at +30 to pay for the stops, leaving 70% of the position to run
targeting white circled area which is about 400+ pips but again, who the phuKK would make me hold the bastard that long? that could be a couple of weeks

Quoting hkkhanus
with you on that one mate, one order got filled the second didn't, tg for this one i am looking at 370+ ish

second order might get filled too on a spike or somet as it's the CAHRAAZY Friday

EDIT: on crazy friday, i remembered... if the spike is l;ong enough it might stop me out too
Attached Image (click to enlarge)
Click to Enlarge Name: EJ 9 Nov 2012.png Size: 33 KB
  • #121,804
  • Nov 9, 2012 8:26am Nov 9, 2012 8:26am
I hear ya bro, i hate when i sit in front of the screen close the trade for a few pips and as soon as i close i see it go and hit the target i thought i would close at
I think the bastards just smell the NOPATIENCE in me lol,
but yeah since I have started working my trades off daily and weekly it works quiet well for me too when I take the trade and get the hell out of its way



Quoting chazzle
don't have patience in either I'm afraid - I need someone next to me to stop me from messing things up - had a good entry on GJ today , pulled for 10 - ditto Aussie - went a further +40 , +60 respectively --- EU the other day - had a great entry 856 -- pulled for little more than 10 I think ... drops another 100+ that day - this is practically the last remaining thing I need to sort out -- It's easier for me trading the daily chart - placing trades and walking away and I have had the best success doing that --- this might be the way forward for...
  • #121,805
  • Nov 9, 2012 8:38am Nov 9, 2012 8:38am
Quoting hkkhanus
I hear ya bro, i hate when i sit in front of the screen close the trade for a few pips and as soon as i close i see it go and hit the target i thought i would close at
I think the bastards just smell the NOPATIENCE in me lol,
but yeah since I have started working my trades off daily and weekly it works quiet well for me too when I take the trade and get the hell out of its way


More than enough pips to be had trading that. Higher accuracy, less screen time... it's ok by me!
  • #121,806
  • Nov 9, 2012 8:47am Nov 9, 2012 8:47am
its popping above a little atm, but 2711 may keep it down
those who can, do. those who cant, talk about those who can
  • #121,807
  • Nov 9, 2012 8:53am Nov 9, 2012 8:53am
Quoting gatorinla
i am not long. i am just not in.. except the gbp from weeks back.. right or wrong.. since 2744 didn't hold 2711 is a 3/4 mark..
we got bond news as i type
2711 .. we will c
2619 is the one below, its the mid to 2432/34
those who can, do. those who cant, talk about those who can
  • #121,808
  • Edited 9:14am Nov 9, 2012 9:00am | Edited 9:14am
2624 will be a bastard to break i think
Quoting gatorinla
2711 .. we will c
2619 is the one below, its the mid to 2432/34
  • #121,809
  • Nov 9, 2012 9:01am Nov 9, 2012 9:01am
Quoting gatorinla
2711 .. we will c
2619 is the one below, its the mid to 2432/34
it just closed above 11. the 4h had already closed below..2721 is 1/2 the 4h candle body sometimes a r.
those who can, do. those who cant, talk about those who can
  • #121,810
  • Nov 9, 2012 9:18am Nov 9, 2012 9:18am
Quoting hkkhanus
2624 will be a bastard to break i think
its not retracing normal. the sign of a strong deep move.. 39 would be norm.. no 39 and bull is still weak..and i look for a LL
those who can, do. those who cant, talk about those who can
  • #121,811
  • Nov 9, 2012 10:06am Nov 9, 2012 10:06am
the time of day sucks
its Friday
its a inside candle

but its bearish, with the trend..
Attached Image (click to enlarge)
Click to Enlarge Name: yen.PNG Size: 36 KB
those who can, do. those who cant, talk about those who can
  • #121,812
  • Nov 9, 2012 10:23am Nov 9, 2012 10:23am
break the low and 2653 is a st target. break 2727 and 2763 is a target with r at 2781ish.. break that high and 2739 or more is norm. its going to one or the other. the trend is down. the resistance was just there. so the s/l was known. this time of day and being late Friday sucks. or i would have added here.
those who can, do. those who cant, talk about those who can
  • #121,813
  • Nov 9, 2012 10:35am Nov 9, 2012 10:35am
e close
those who can, do. those who cant, talk about those who can
  • #121,814
  • Nov 9, 2012 10:36am Nov 9, 2012 10:36am
sitting on a bit of resistance here, expect fast move to target @ 10.090 once this breaks

USDOLLAR D1:
Attached Image (click to enlarge)
Click to Enlarge Name: Picture0025.jpg Size: 103 KB
Don't be a hero. Don't have an ego. Always question yourself
  • #121,815
  • Nov 9, 2012 11:03am Nov 9, 2012 11:03am
okay, no Wiener Schnitzel for me today. Just a meager soup with bread crumps.
  • #121,816
  • Nov 9, 2012 11:07am Nov 9, 2012 11:07am
s/p 1423 is norm .others on the chart.... futures hit the target. a bounce after is norm.. eu may catch some of this bounce still..1301 a target.. 1395 a R
Attached Image (click to enlarge)
Click to Enlarge Name: yen.PNG Size: 40 KB
those who can, do. those who cant, talk about those who can
  • #121,817
  • Nov 9, 2012 11:09am Nov 9, 2012 11:09am
Fantastic session in an even better week here. Clearing all across the board and closing week.

Watchout for Obama. Gold led earlier this week, ES finding strong support as expected almost to the tick on the key 136x. Euro just collateral via indirect impact in dollar.

More importantly changing mid term outlook in Euro from Sell to Neutral with today rolls above 1.264x (only Obama can trigger panic ...but for the look of the markets is actually the opposite).

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #121,818
  • Nov 9, 2012 11:29am Nov 9, 2012 11:29am
s 2724.. tight stop above 27
those who can, do. those who cant, talk about those who can
  • #121,819
  • Nov 9, 2012 12:09pm Nov 9, 2012 12:09pm
bo speech started at 2721 eu
those who can, do. those who cant, talk about those who can
  • #121,820
  • Nov 9, 2012 12:20pm Nov 9, 2012 12:20pm
Quoting gatorinla
bo speech started at 2721 eu
Obama as expected. I don't think is even a small option that markets will not give the benefit of the doubt until next week. My view is still that they will reach an agreement in whatever form. For now fiscal cliff munmbojumbo is on standby until the outcome of next couple of weeks...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
142 traders viewing now