The Really Useless Thread | Page 6310 | 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

  • #126,181
  • Dec 4, 2012 2:42am Dec 4, 2012 2:42am
closed lgs on spike retest, prolly gonna get a continuation as i'm out, usually works that way... but actually showing a profit for the week now, which is nice...
  • #126,182
  • Dec 4, 2012 2:44am Dec 4, 2012 2:44am
Quoting Mr Hatch
I'm keeping in mind that the Euro had 5 consecutive days of bullish advancement already. As they didn't really let anybody in without sweating a tear... I sense a pullback.
I will prefer TAwise a clean sweep without anybody new in ...V strong Resistance around the corner in the euro and without a FA soon it will be very difficult to crack 1.312x.... This H4 will give the heads up intraday so tracking closely the next few minutes.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #126,183
  • Dec 4, 2012 2:46am Dec 4, 2012 2:46am
Quoting AllyB
we only need about 6 bank account and pin numbers

lot easier than looking for dustbins
" Never let the past hold the future to ransom "
  • #126,184
  • Dec 4, 2012 2:49am Dec 4, 2012 2:49am
Quoting Gleneagles
we only need about 6 bank account and pin numbers

lot easier than looking for dustbins
Inserted Video
  • #126,185
  • Dec 4, 2012 2:51am Dec 4, 2012 2:51am
Quoting sisse
I will prefer TAwise a clean sweep without anybody new in ...V strong Resistance around the corner in the euro and without a FA soon it will be very difficult to crack 1.312x.... This H4 will give the heads up intraday so tracking closely the next few minutes.

sisse

PA is starting to look a bit tired but it is long until it is short
" Never let the past hold the future to ransom "
  • #126,186
  • Dec 4, 2012 2:59am Dec 4, 2012 2:59am
options guy may be looking to try and defend 3100 if and when...
  • #126,187
  • Dec 4, 2012 3:00am Dec 4, 2012 3:00am
Quoting AllyB
gleneagles took this the other day when i was out on deliveries and posted it. you must of missed it
  • #126,188
  • Dec 4, 2012 3:04am Dec 4, 2012 3:04am
Quoting Gleneagles
PA is starting to look a bit tired but it is long until it is short
H4 held the current highs. "Easy" intraday ride will be over with NY now. 1.303x and 1.299x unlocked in intraday charts. Tightening stops here in the euro swing and tracking US markets (ES specifically) for a rejection of lows.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #126,189
  • Dec 4, 2012 3:10am Dec 4, 2012 3:10am
Quoting sisse
H4 held the current highs. "Easy" intraday ride will be over with NY now. 1.303x and 1.299x unlocked in intraday charts. Tightening stops here in the euro swing and tracking US markets (ES specifically) for a rejection of lows.

sisse

Good place to hang onto an earlier long though, nothing to lose and another push higher won`t hurt

Nothing on offer intraday except coin toss entry
" Never let the past hold the future to ransom "
  • #126,190
  • Dec 4, 2012 3:20am Dec 4, 2012 3:20am
Quoting Gleneagles
Good place to hang onto an earlier long though, nothing to lose and another push higher won`t hurt

Nothing on offer intraday except coin toss entry
It is way more likely to break to the highs. There's my favourite slingshot below 70 on M5 already, but it closed below that level, always eager to hurry back up.
  • #126,191
  • Dec 4, 2012 3:34am Dec 4, 2012 3:34am
Quoting Mr Hatch
It is way more likely to break to the highs. There's my favourite slingshot below 70 on M5 already, but it closed below that level, always eager to hurry back up.
Tough call to make if you are a candlestick trader
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_27 Dec. 04 13.28.jpg Size: 34 KB
" Never let the past hold the future to ransom "
  • #126,192
  • Dec 4, 2012 3:36am Dec 4, 2012 3:36am
Quoting Gleneagles
Tough call to make if you are a candlestick trader
true, but without a fart, I don't see the floor tumble.
  • #126,193
  • Dec 4, 2012 3:38am Dec 4, 2012 3:38am
Quoting Mr Hatch
true, but without a fart, I don't see the floor tumble.
Agree.....

It is long until it is short
" Never let the past hold the future to ransom "
  • #126,194
  • Dec 4, 2012 3:42am Dec 4, 2012 3:42am
those bastards!
i have rolled the dice on the top wick though


Quoting Gleneagles
Tough call to make if you are a candlestick trader
Attached Image (click to enlarge)
Click to Enlarge Name: EU 4-2 Dec 2012.jpg Size: 99 KB
  • #126,195
  • Dec 4, 2012 3:43am Dec 4, 2012 3:43am
I am suspect of those spikes.. feels like MM is going up there to unload inventory on stops.
  • #126,196
  • Dec 4, 2012 3:44am Dec 4, 2012 3:44am
Quoting Gleneagles
Agree.....

It is long until it is short
  • #126,197
  • Dec 4, 2012 3:48am Dec 4, 2012 3:48am
Quoting Big1red9
I am suspect of those spikes.. feels like MM is going up there to unload inventory on stops.
I should have mentioned... that the power is there. If they wanted this up 100 pips, its gone in a heartbeat. While EU was rising, UC moved up as well, 3 or 4X greater than EU. Took some cash to break the correlation ...somethings up
  • #126,198
  • Dec 4, 2012 3:51am Dec 4, 2012 3:51am
3100 barrier, thinking maybe a repeat performance of yesterday's ny open on the 2950 options level, got absolutely spanked on the open... 3140 in view if we can take it out convincingly...

have to get ready for work, have a good day...

edit- could be wrong...
  • #126,199
  • Dec 4, 2012 3:53am Dec 4, 2012 3:53am
Quoting FibbinArchie

have to get ready for work, have a good day...
later bro....

take a hard hat, its rough out there
Look Sharp/Trade Tight
  • #126,200
  • Dec 4, 2012 3:55am Dec 4, 2012 3:55am
Quoting PayTheLimit
later bro....

take a hard hat, its rough out there
lol, they actually had to wear hard hats not so long ago, the site was operational whilst still under construction...

cheers bro, have a good one... later...
11 traders viewing now