The Really Useless Thread | Page 6177 | 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

  • #123,521
  • Nov 23, 2012 10:07am Nov 23, 2012 10:07am
Quoting gatorinla
if we do break 2802,,then besides 2444, 2432 may be more precise. but even if we do break 2802 and go down a shitload. we usually come back to 2987 or at least close in normal pa. more times then not, before 2432 at some point.
sos

its not retracing.. sometime after the norm at 2987 she should turn.. the ea has not yet hit 2506 and its over 100 pips away still.. so the eu may go a good bit higher.. but she dont need too, since the toll will be paid at 2987, for 2432... since we didn't retrace it makes 3090 less clear.. its time after 2987 to look for weakness signs...

there is one more years old for 3896 that has not been paid. the ypp is 3588.. i dont have know.. all i can do is wait for smaller setups to continue.
those who can, do. those who cant, talk about those who can
  • #123,522
  • Nov 23, 2012 10:08am Nov 23, 2012 10:08am
fuk me r2r
  • #123,523
  • Nov 23, 2012 10:08am Nov 23, 2012 10:08am
Quoting Rag2RichesFX
do you mean EU?

its a weekly hidden bullish divergence thats causing this.

technically anyway. of course fundamentally things become bullish at the same time they do technically.

coincidence? i think not
Not particularly EU. Kind of ALL over my charts, really. $10 M1 bar on Gold. Don't even need the full M1...happened in about 3 ticks.

Oil, equities...the works.

I think low volume bastardry had more to do with the moves than a Weekly Stoch 3, 3, 3 hidden bullish divergence...but that's just me.
  • #123,524
  • Nov 23, 2012 10:09am Nov 23, 2012 10:09am
hourly momentum finally shifting down on 1hr stoch with that last 1hr close. not that it matters with 4hr, daily and weekly still going strong.

however i suspect a long will be good soon, to go retest near the highs
Be hopeful in a winning position, and fearful in a losing position.
  • #123,525
  • Nov 23, 2012 10:09am Nov 23, 2012 10:09am
Quoting Jay Walker
It'd get Jay in a better mood too


Line'em up...we'll knock'em down!
  • #123,526
  • Nov 23, 2012 10:10am Nov 23, 2012 10:10am
Quoting kenfen69
Not particularly EU. Kind of ALL over my charts, really. $10 M1 bar on Gold. Don't even need the full M1...happened in about 3 ticks.

Oil, equities...the works.

I think low volume bastardry had more to do with the moves than a Weekly Stoch 3, 3, 3 hidden bullish divergence...but that's just me.
the liquidity voids in gold are why i stopped trading it

its not bad for longer term play but intraday trading it can be BRUTAL

believe it or not 3,3,3 stoch is my favorite, it shows pretty much every swing of the market.
Be hopeful in a winning position, and fearful in a losing position.
  • #123,527
  • Nov 23, 2012 10:14am Nov 23, 2012 10:14am
Quoting Rag2RichesFX
hourly momentum finally shifting down on 1hr stoch with that last 1hr close. not that it matters with 4hr, daily and weekly still going strong.

however i suspect a long will be good soon, to go retest near the highs
long 56
Be hopeful in a winning position, and fearful in a losing position.
  • #123,528
  • Nov 23, 2012 10:16am Nov 23, 2012 10:16am
Quoting kenfen69


http://www.forexfactory.com/attachme...7&d=1353681851


Still time.
Quoting kenfen69
Short 2965 added.

Nothing large, but not sure how far I'm going to let this go.

Textbook low volume bleed out going on!
Pulled a bit to pay for some aforementioned Wild Turkey shots!

Attached Image


Enough for two, maybe? No tip, though!
  • #123,529
  • Nov 23, 2012 10:17am Nov 23, 2012 10:17am
Quoting Rag2RichesFX
the liquidity voids in gold are why i stopped trading it

its not bad for longer term play but intraday trading it can be BRUTAL

believe it or not 3,3,3 stoch is my favorite, it shows pretty much every swing of the market.
Steady on...you speak of my best intra-day mate there!

Attached Image
  • #123,530
  • Nov 23, 2012 10:19am Nov 23, 2012 10:19am
Quoting hkkhanus
with you on that, but would be looking to chicken out if i get a strong close above 2988
Sorry mate...missed this.

Yep...thinking about the same really.
  • #123,531
  • Nov 23, 2012 10:19am Nov 23, 2012 10:19am
Quoting kenfen69
Steady on...you speak of my best intra-day mate there!

Attachment
wow you really know how she moves!

maybe i just wasnt good enough at trading when i tried gold intraday

Be hopeful in a winning position, and fearful in a losing position.
  • #123,532
  • Nov 23, 2012 10:20am Nov 23, 2012 10:20am
The Liger

Ligers are the most ferocious animals in Africa, they are superior hunters, once a pack of Ligers has a prey picked out there is virtually no escape.
Ligers roam Africa in packs of several dozen, one dominant male, 10 - 12 females and the offspring. They are very territorial and if two packs encounter each other the results are usually quite messy.
Liger cubs can start to hunt prey on their own as early as one year old, being able to bring down a full grown antelope all on their own.
If you encounter a Liger the best way to survive the encounter is to bark like a dog, Ligers seem to detest the noise and more often than not they retreat.
  • #123,533
  • Nov 23, 2012 10:20am Nov 23, 2012 10:20am
Quoting Rag2RichesFX
long 56
close 67 +10 (spread)

reason for going long was none other than m5 hidden divergence on a very strong trend..

extremely low risk trade
Be hopeful in a winning position, and fearful in a losing position.
  • #123,534
  • Nov 23, 2012 10:21am Nov 23, 2012 10:21am
a couple of views.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu1.gif Size: 12 KB
Click to Enlarge Name: eu2.gif Size: 16 KB
  • #123,535
  • Nov 23, 2012 10:22am Nov 23, 2012 10:22am
Quoting Rag2RichesFX
wow you really know how she moves!

maybe i just wasnt good enough at trading when i tried gold intraday

Nicest flows going in my book.

Hasn't been a good week for it, though. Very tight range...then the pop.
  • #123,536
  • Nov 23, 2012 10:22am Nov 23, 2012 10:22am
finally time for at least a bear cub to come out of hibernation??

nothing major but this market needs some relief

also needs a 4hr lower fractal... its been over 2 days

as far as supply goes, i see nothing until 1.30-1.3020

that doesnt mean it wont fall back early though!
Be hopeful in a winning position, and fearful in a losing position.
  • #123,537
  • Nov 23, 2012 10:28am Nov 23, 2012 10:28am
Quoting kenfen69
Looking to short AU above 0450.


Will look for a pop above and try to catch a spike.
  • #123,538
  • Nov 23, 2012 10:32am Nov 23, 2012 10:32am
Oil coming off a bit. Will it lead anything?
  • #123,539
  • Nov 23, 2012 10:35am Nov 23, 2012 10:35am
just thought id post how easy it is to scalp with a 10 pip stop, when the market breaks out like this.

what, is it just going to reverse the entire move when it pullback? no very very unlikely!

so buy the dip when hidden divergence happens and chance of success is very high (so long as higher TFs arent taking over sentiment)
Attached Image (click to enlarge)
Click to Enlarge Name: quicksave.jpg Size: 283 KB
Be hopeful in a winning position, and fearful in a losing position.
  • #123,540
  • Nov 23, 2012 10:36am Nov 23, 2012 10:36am
Quoting Rag2RichesFX
using 3,3,3 stochastic on weekly

wasnt a true hidden divergence, but the market knew it was going to happen, so they bought early
ok - thanks , that clears it up a bit
36 traders viewing now