The Really Useless Thread | Page 6316 | 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

  • #126,301
  • Dec 4, 2012 11:24am Dec 4, 2012 11:24am
Quoting kill56
for the road
Seksi!
  • #126,302
  • Dec 4, 2012 11:25am Dec 4, 2012 11:25am
Quoting kenfen69
Hmmmm...perhaps in my dreams. I don't recollect such an event taking place, though.
I see.. blackout drinking... creates trouble in ice cream store.. comes home passes out for the day and don't remember a thing.. while gold traded itself. Nice
  • #126,303
  • Dec 4, 2012 11:27am Dec 4, 2012 11:27am
Quoting kenfen69
Hmmmm...perhaps in my dreams. I don't recollect such an event taking place, though.

i did have some vonilla
Attached Image
  • #126,304
  • Dec 4, 2012 11:28am Dec 4, 2012 11:28am
Quoting Big1red9
have a look at EU UC.. its a mess
Definitely somebody big (SNB...duh) driving that spike train...

Attached Image (click to enlarge)
Click to Enlarge Name: 1D.PNG Size: 45 KB


Pretty much tick for tick through it.

Only natural they would decouple for a while after such shenanigans, no? While they seek out some form of "natural" value?
  • #126,305
  • Dec 4, 2012 11:29am Dec 4, 2012 11:29am
Quoting kenfen69
Definitely somebody big (SNB...duh) driving that spike train...

Attachment

Pretty much tick for tick through it.

Only natural they would decouple for a while after such shenanigans, no? While they seek out some form of "natural" value?
sorry... EU and UC.. should be a mirror... .but
  • #126,306
  • Dec 4, 2012 11:30am Dec 4, 2012 11:30am
Just a last word on this setup


Look at the candle formations around dustbin level because they form all the time

In this particular example you have

1) A momentum/thrust candle ( bigger than average visible ones)

it cracks the res level/dustbin level

2) A small "consolidation " candle right on dustbin level

res now support?

3) Continuation candle (another momentum/thrust candle) above dustbin level

although this setup happened during Asian session the pattern is a perfect example
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_27 Dec. 04 19.08.jpg Size: 21 KB
" Never let the past hold the future to ransom "
  • #126,307
  • Dec 4, 2012 11:31am Dec 4, 2012 11:31am
Quoting Big1red9
I see.. blackout drinking... creates trouble in ice cream store.. comes home passes out for the day and don't remember a thing.. while gold traded itself. Nice
Manual short before sleep. Hard TP set.

Here...blue verticals are Nod...

Attached Image (click to enlarge)
Click to Enlarge Name: 1D.PNG Size: 56 KB



Simples. If Only I awoke an hour prior...those longs would have come out for more.
  • #126,308
  • Dec 4, 2012 11:34am Dec 4, 2012 11:34am
Quoting Big1red9
sorry... EU and UC.. should be a mirror... .but
Of course. I just flipped to compare the spiky bollocks.
  • #126,309
  • Dec 4, 2012 11:34am Dec 4, 2012 11:34am
I appreciate your help.



Quoting Gleneagles
Just a last word on this setup


Look at the candle formations around dustbin level because they form all the time

In this particular example you have

1) A momentum/thrust candle ( bigger than average visible ones)

it cracks the res level/dustbin level

2) A small "consolidation " candle right on dustbin level

res now support?

3) Continuation candle (another momentum/thrust candle) above dustbin level

although this setup happened during Asian session the pattern is a perfect example
  • #126,310
  • Dec 4, 2012 11:34am Dec 4, 2012 11:34am
Quoting kill56
i did have some vonilla
Long!
  • #126,311
  • Dec 4, 2012 11:36am Dec 4, 2012 11:36am
Quoting kenfen69
Of course. I just flipped to compare the spiky bollocks.
last 2 days.. no longer any correlation.
  • #126,312
  • Dec 4, 2012 11:37am Dec 4, 2012 11:37am
Quoting kill56
for the road
Are you tracking the ES? .....Itchy very itchy fingers to load in the ES. Fiscal cliff deal is so close and moreover I think we are going to overshoot positive in NFP. All eyes on that 1400 for the reaction (to 144x) ... This time we have gold aligning to the same side. 4 US Majors (Gold, Oil, ES and Dollar) aligning to that final move of the year ...

Dollar leading intraday but ES TAwise is not ready yet ....Patience patience...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #126,313
  • Dec 4, 2012 11:41am Dec 4, 2012 11:41am
Quoting Big1red9
last 2 days.. no longer any correlation.
Non-correlation has been the name of the game with EURCHF against ANY pair for ages. By far the biggest manipulation of any instrument out there for months...

Attached Image (click to enlarge)
Click to Enlarge Name: 1D.PNG Size: 42 KB


Its trying to come to life now. Who knows, maybe negative cash rates in Suisse banks will help that...until the next EU drama.
  • #126,314
  • Dec 4, 2012 11:42am Dec 4, 2012 11:42am
Quoting kenfen69
Non-correlation has been the name of the game with EURCHF against ANY pair for ages. By far the biggest manipulation of any instrument out there for months...

Attachment

It s trying to come to life now. Who knows, maybe negative cash rates in Suisse banks will help that...until the next EU drama.
EURUSD and USDCHF
  • #126,315
  • Dec 4, 2012 11:43am Dec 4, 2012 11:43am
Quoting sisse
Are you tracking the ES? .....Itchy very itchy fingers to load in the ES. Fiscal cliff deal is so close and moreover I think we are going to overshoot positive in NFP. All eyes on that 1400 for the reaction (to 144x) ... This time we have gold aligning to the same side. 4 US Majors (Gold, Oil, ES and Dollar) aligning to that final move of the year ...

Dollar leading intraday but ES TAwise is not ready yet ....Patience patience...

sisse


Just HOW close on the cliff? Today close? This week close?
  • #126,316
  • Dec 4, 2012 11:43am Dec 4, 2012 11:43am
Quoting sisse
Are you tracking the ES? .....Itchy very itchy fingers to load in the ES. Fiscal cliff deal is so close and moreover I think we are going to overshoot positive in NFP. All eyes on that 1400 for the reaction (to 144x) ... This time we have gold aligning to the same side. 4 US Majors (Gold, Oil, ES and Dollar) aligning to that final move of the year ...

Dollar leading intraday but ES TAwise is not ready yet ....Patience patience...

sisse
That would likely mean EU is at or near its top... no?
Thanks
  • #126,317
  • Dec 4, 2012 11:46am Dec 4, 2012 11:46am
Quoting sisse
Are you tracking the ES? .....Itchy very itchy fingers to load in the ES. Fiscal cliff deal is so close and moreover I think we are going to overshoot positive in NFP. All eyes on that 1400 for the reaction (to 144x) ... This time we have gold aligning to the same side. 4 US Majors (Gold, Oil, ES and Dollar) aligning to that final move of the year ...

Dollar leading intraday but ES TAwise is not ready yet ....Patience patience...

sisse

yop 1400

have some pending L @ 1387 in case and if 1400 holds i am in around it lets see the close , a lot of fireworks coming from the US
  • #126,318
  • Dec 4, 2012 11:47am Dec 4, 2012 11:47am
Quoting Big1red9
EURUSD and USDCHF



Ooooops.


OK...I just shot-gunned what was left on the first coffee. No more excuses.

Yep...

Attached Image (click to enlarge)
Click to Enlarge Name: 1D.PNG Size: 42 KB


Attached Image (click to enlarge)
Click to Enlarge Name: 1D2.PNG Size: 48 KB


Looks like more evidence of SNB on the bid. Slow and steady, so as not to wake the blood suckers?
  • #126,319
  • Dec 4, 2012 11:47am Dec 4, 2012 11:47am
Quoting kenfen69


Just HOW close on the cliff? Today close? This week close?

befor Jan. or the dead line
  • #126,320
  • Dec 4, 2012 11:49am Dec 4, 2012 11:49am
Quoting kill56
befor Jan. or the dead line


Still room for 34xx so...no retrace!
14 traders viewing now