The Really Useless Thread | Page 6180 | 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

  • #123,581
  • Nov 23, 2012 11:30am Nov 23, 2012 11:30am
I don't think birds were the only ones getting slaughtered this Thanksgiving!
  • #123,582
  • Nov 23, 2012 11:33am Nov 23, 2012 11:33am
Quoting kenfen69
USDX coming into a zone now...

http://www.forexfactory.com/attachme...6&d=1353683977

Still room to drop, though...

And of course...it could just blow right through after seeing what's happening in the last 10 minutes, or so.
Got absolutely savaged!

Attached Image
  • #123,583
  • Nov 23, 2012 11:39am Nov 23, 2012 11:39am
-Hungary ratings just cut.
-No EU budget deal.

EU +104 from the Open. Makes perfect sense. Nothing to see here.
  • #123,584
  • Nov 23, 2012 11:39am Nov 23, 2012 11:39am
Quoting Rag2RichesFX
the problem is, how does the EA know when the divergence is real or not? i think it would be a hard EA to code.
Goldman etc pay these quants 6 figure salaries to work this shit out - the thing is , rule of thumb i think is if it would be easy to code , it ain't gonna work in the long run , might work in the short term - but for how long? that's the question
  • #123,585
  • Nov 23, 2012 11:40am Nov 23, 2012 11:40am
Quoting kenfen69
Got absolutely savaged!

Attachment
nice, very nice..

Closed My last "Turkey" positions.. [GU/GY]

Post 40,169
  • #123,586
  • Nov 23, 2012 11:40am Nov 23, 2012 11:40am
Quoting chazzle
a bull target.it was indicated.how.many.full stops.can i put in.one sentence?

where's that basterd Gator


I've seen him in the zoo! <--EU thread.
  • #123,587
  • Nov 23, 2012 11:40am Nov 23, 2012 11:40am
last one on this @85


Quoting hkkhanus


added some @ 76
  • #123,588
  • Nov 23, 2012 11:42am Nov 23, 2012 11:42am
Quoting Piters
nice, very nice..

Closed My last "Turkey" positions.. [GU/GY]

Post 40,169
Sweet!

Yep...USDX took it lubeless today!
  • #123,589
  • Nov 23, 2012 11:44am Nov 23, 2012 11:44am
Quoting Jay Walker
I picked it up somewhere. Steal away.

Got more than my share of bug moments. I'll just see how this one goes. Still in from .2886.
Thanks

and good luck with the short... should fall back to reality maybe you can get out with small loss..
Be hopeful in a winning position, and fearful in a losing position.
  • #123,590
  • Nov 23, 2012 11:45am Nov 23, 2012 11:45am
Quoting chazzle
Goldman etc pay these quants 6 figure salaries to work this shit out - the thing is , rule of thumb i think is if it would be easy to code , it ain't gonna work in the long run , might work in the short term - but for how long? that's the question
Can't just have a software with hard rules. What's needed is artificial intelligence.
Not all sins are created equal
  • #123,591
  • Nov 23, 2012 11:46am Nov 23, 2012 11:46am
Quoting Rag2RichesFX
Thanks

and good luck with the short... should fall back to reality maybe you can get out with small loss..
I'm out of my short. That was a long
Not all sins are created equal
  • #123,592
  • Nov 23, 2012 11:46am Nov 23, 2012 11:46am
Quoting hkkhanus
last one on this @85
My positions are small, so will play next week and add in size up to 3020ish. Little higher for stop probes. Only 40 pips away, though. If another country gets downgraded in Europe, we may hit it today!
  • #123,593
  • Nov 23, 2012 11:46am Nov 23, 2012 11:46am
Quoting hkkhanus
last one on this @85
tell me (if you dont mind) how do you add to positions? same size lots or increase as price moves against the first position?

i do add to losers occasionally but always stop once i have added to a loser twice (so a total of 3 trades), as anything more than that and i find it can get out of hand quickly.
Be hopeful in a winning position, and fearful in a losing position.
  • #123,594
  • Nov 23, 2012 11:47am Nov 23, 2012 11:47am
Quoting chazzle
1753 is it there yet?
there she blows
Attached Image
  • #123,595
  • Nov 23, 2012 11:47am Nov 23, 2012 11:47am
Quoting Jay Walker
I'm out of my short. That was a long
Oh!

Then smiles all around!

You looking to take the profit soon?

or waiting for a real top first?
Be hopeful in a winning position, and fearful in a losing position.
  • #123,596
  • Nov 23, 2012 11:49am Nov 23, 2012 11:49am
Quoting chazzle
there she blows
Nearly to the pip, gator...I mean chazzle.
  • #123,597
  • Nov 23, 2012 11:50am Nov 23, 2012 11:50am
Quoting Rag2RichesFX
Oh!

Then smiles all around!

You looking to take the profit soon?

or waiting for a real top first?
A real top. Then I'll take it off and make it topless
Not all sins are created equal
  • #123,598
  • Nov 23, 2012 11:50am Nov 23, 2012 11:50am
To make it a truly epic day...we need to go back and close at the Open now!

I do remember some NFP days a few years ago like that, though.
  • #123,599
  • Nov 23, 2012 11:51am Nov 23, 2012 11:51am
the way i add is, small positions first, once we get closer to the area i actually want to short/Long
I add up 2 or 3 max positions increasing in size ..
last position i add is usually with a very tight SL and bigger in size than the other 1 or 2 position added before

why i add before we get to the area where i actually WANT to short/Long is lake of PATIENCE!! and the fear of loosing out on getting into a trade (i need to work on that... A LOT)


Quoting Rag2RichesFX
tell me (if you dont mind) how do you add to positions? same size lots or increase as price moves against the first position?

i do add to losers occasionally but always stop once i have added to a loser twice (so a total of 3 trades), as anything more than that and i find it can get out of hand quickly.
  • #123,600
  • Nov 23, 2012 11:52am Nov 23, 2012 11:52am
Quoting Jay Walker
Can't just have a software with hard rules. What's needed is artificial intelligence.
well , that's it - as far as I can understand ( which may not be much ) algos are made , but constantly updated/tweaked/trashed etc ... by human minds . If we see AI create and update algos , well .... then we're all fucked
54 traders viewing now