The Really Useless Thread | Page 6295 | 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

  • #125,881
  • Dec 3, 2012 1:23pm Dec 3, 2012 1:23pm
In the vicinity of Weekly Trend EMA...

Attached Image


Could provide support.

EDIT: H1 200 in front of 1400 as well.
  • #125,882
  • Dec 3, 2012 1:24pm Dec 3, 2012 1:24pm
Quoting kenfen69
Juicy!

http://www.youtube.com/watch?v=0X7RyGBq2E8
still sexy the bitch will fak u brain
  • #125,883
  • Dec 3, 2012 1:26pm Dec 3, 2012 1:26pm
Quoting kill56
still sexy the bitch will fak u brain
No mercy!

Permission granted!
  • #125,884
  • Dec 3, 2012 1:27pm Dec 3, 2012 1:27pm
Quoting kenfen69
Really getting tempted to start upping the lot sizes. I'm just playing extreme edges and have been expecting two or three orders to fill to make a whole position. Just isn't happening...I'm rarely even getting a second fill...let alone my third (meat) position.

Giving it thought...but probably exactly what the bastards want. I'll up...they'll run me over!

Anyway...given the pairs I trade, will adjust nothing until the RBA decision later. About 8 hours to go now.
-25 expected, bastards want 0
Don't be a hero. Don't have an ego. Always question yourself
  • #125,885
  • Dec 3, 2012 1:28pm Dec 3, 2012 1:28pm
Quoting kenfen69
In the vicinity of Weekly Trend EMA...

Attachment

Could provide support.

EDIT: H1 200 in front of 1400 as well.

like this one befor the NFP
Attached Image
  • #125,886
  • Dec 3, 2012 1:28pm Dec 3, 2012 1:28pm
Quoting kill56
still sexy the bitch will fak u brain
Mind you...after 20+ years of ogling...brain fak may be a mutual phenomenon!

Filthy talk, altogether.
  • #125,887
  • Dec 3, 2012 1:30pm Dec 3, 2012 1:30pm
Quoting kenfen69
No mercy!

Permission granted!

hatchy mercy or mercy mercy
  • #125,888
  • Dec 3, 2012 1:33pm Dec 3, 2012 1:33pm
Quoting USD-Bear
1412,50 -> 1410 is 25 pips for me, 1 pips = EUR 10 so risking very little
I see now, we are talking about the same .... is 2.5 points in the ES as Ken mentioned...size wise +/- the same as a tick in the ES. Levels some ticks off given futures vs spot but same trade.

GL mate ....

Quoting kenfen69
Really getting tempted to start upping the lot sizes. I'm just playing extreme edges and have been expecting two or three orders to fill to make a whole position. Just isn't happening...[highlight]I'm rarely even getting a second fill...let alone my third [/highlight] (meat) position.
...
I may be wrong and I am sure you know better but it sounds like scare money (too big for your capital) to me ...maybe you shouldn't increase size that much ...we all have that threshold and is better not to "jump the gun" increasing size that fast ...my 2 cents...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #125,889
  • Dec 3, 2012 1:35pm Dec 3, 2012 1:35pm
Quoting kenfen69
No mercy!

Permission granted!
Hello bro
How r u? Hope all going good
  • #125,890
  • Dec 3, 2012 1:35pm Dec 3, 2012 1:35pm
Quoting kill56
hatchy mercy or mercy mercy


Madonna mercy, you dawg...and I said NONE of it!!!
  • #125,891
  • Dec 3, 2012 1:40pm Dec 3, 2012 1:40pm
Quoting sisse
I see now, we are talking about the same .... is 2.5 points in the ES as Ken mentioned...size wise +/- the same as a tick in the ES. Levels some ticks off given futures vs spot but same trade.

GL mate ....
sisse
Thanks mate, doesn't look too good......
Don't be a hero. Don't have an ego. Always question yourself
  • #125,892
  • Dec 3, 2012 1:42pm Dec 3, 2012 1:42pm
Quoting sisse
I may be wrong and I am sure you know better but it sounds like scare money (too big for your capital) to me ...maybe you shouldn't increase size that much ...we all have that threshold and is better not to "jump the gun" increasing size that fast ...my 2 cents...

sisse
Good point.

I'm definitely not talking about upping it that much, though. No Fat Panda 50 Lots!

Attached Image




Have just been refining my entries a little bit lately. I would normally go in a good bit early, pretty much knowing I was going to incur some DD until my other orders filled and (hopefully) the pullback/reversal I was shopping for happens. I'm kind of skipping the initial stage now. Not getting as many entries, but not going into DD right away either.

I'll just have to watch it going forward and see how the adjustment affects my equity curve. During these days of reduced ADR's, it may not be the best time to gauge it. May have to wait for a new year. So...taking that, and your advice into consideration...maybe I'll up them a wee bit and see how I get on. No fear on capital...I play well within solid MM principles. I can afford to go up a bit.

Cheers mate.
  • #125,893
  • Dec 3, 2012 1:43pm Dec 3, 2012 1:43pm
Quoting USD-Bear
Thanks mate, doesn't look too good......
Is a daily move for the weekly range so it need to clear today's close at least ...IMHO, if your entry holds the close things will look better. In any case, the move should be violent intraday (prolly with some "news"/rumours) at these levels as is last breakout point and at these levels only a few ticks below will open a deep retrace triggering profit taking .....

Let see how the close settle.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #125,894
  • Dec 3, 2012 1:44pm Dec 3, 2012 1:44pm
Quoting egkid
Hello bro
How r u? Hope all going good
Very well, brother...hope the same for you!

Pretty slow going trading wise so far this week. Just being patient...pulling a few small ones out to keep the screens and lights on.

How about you...any trades on the go?
  • #125,895
  • Dec 3, 2012 1:47pm Dec 3, 2012 1:47pm
Quoting sisse
In any case, the move should be violent intraday (prolly with some "news"/rumours) at these levels as is last breakout point and at these levels only a few ticks below will open a deep retrace triggering profit taking .....

Let see how the close settle.

sisse
Yep...ADR painted, and sitting right at the low. Will often trigger a runner if it pops.
  • #125,896
  • Dec 3, 2012 1:48pm Dec 3, 2012 1:48pm
Quoting kenfen69
Very well, brother...hope the same for you!

Pretty slow going trading wise so far this week. Just being patient...pulling a few small ones out to keep the screens and lights on.

How about you...any trades on the go?
I Wait to add more
Attached Image (click to enlarge)
Click to Enlarge Name: now.gif Size: 17 KB
  • #125,897
  • Dec 3, 2012 1:51pm Dec 3, 2012 1:51pm
Quoting egkid
I Wait to add more
Artwork!

Looking good, mate! Ultimate target in mind...or taking it as it comes?
  • #125,898
  • Dec 3, 2012 1:53pm Dec 3, 2012 1:53pm
Quoting kenfen69
Good point.

..... it may not be the best time to gauge it. May have to wait for a new year. So...taking that, and your advice into consideration...maybe I'll up them a wee bit and see how I get on.....

Cheers mate.
Well that's a topic for the "traditional" yearly outlook but in general as expected volatility reduced a lot this year.

I expect even narrow and a lot less explosive ranges for next year. After the fiscal cliff, etc we will have the typical EZ debt coughs panic episodes on Q1/Q2 but volatility will reduce a lot more across the board later. We are almost back to "normal" volatility wise across the board but my call is going even lower by Q3/Q4 (killing in the process lots of v. fast intrday traders) .... we'll see and we'll definitively talk more about this later for the yearly close....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #125,899
  • Dec 3, 2012 1:57pm Dec 3, 2012 1:57pm
Quoting kenfen69
Artwork!

Looking good, mate! Ultimate target in mind...or taking it as it comes?
Yep , let's say 3420 soon which is yearly PVT
  • #125,900
  • Dec 3, 2012 2:00pm Dec 3, 2012 2:00pm
Quoting sisse
Well that's a topic for the "traditional" yearly outlook but in general as expected volatility reduced a lot this year.

I expect even narrow and a lot less explosive ranges for next year. After the fiscal cliff, etc we will have the typical EZ debt coughs panic episodes on Q1/Q2 but volatility will reduce a lot more across the board later. We are almost back to "normal" volatility wise across the board but my call is going even lower by Q3/Q4 (killing in the process lots of v. fast intrday traders) .... we'll see and we'll definitively talk...
Look forward to it, mate!

I'm definitely going to have to tweak something if this continues to be the new norm. I've really only stepped out to H1 as my main TF in the last few months. Have certainly enjoyed the move. May have to go higher. Or higher...and lower for a few traditional scalps at key times/points.

Anyway...I'm easy. So long as it actually moves...I'll find a way.
73 traders viewing now