The Really Useless Thread | Page 6454 | 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

  • #129,061
  • Edited 10:20am Jan 18, 2013 10:09am | Edited 10:20am
3327/39.5 may be it.. look for weakness.. still may be a 3341 fight before close,
its norm
those who can, do. those who cant, talk about those who can
  • #129,062
  • Jan 18, 2013 10:10am Jan 18, 2013 10:10am
we had some cleaning in the room
  • #129,063
  • Jan 18, 2013 10:12am Jan 18, 2013 10:12am
read sokers

12:50 PM Three lunchtime reads:
1) Preparing for the unthinkable: Could markets handle a U.S. default?
2) Peak oil theories 'increasingly groundless', says BP chief
3) PM: Britain to drift out of EU without reforms
  • #129,064
  • Jan 18, 2013 10:20am Jan 18, 2013 10:20am
Quoting gatorinla
3327/39.5 may be it.. look for weakness.. still may be a 3341 fight before close,
its norm
edited 36 now 39.5
those who can, do. those who cant, talk about those who can
  • #129,065
  • Jan 18, 2013 10:26am Jan 18, 2013 10:26am
Dow looks to tear up so may be in for a ride
Disclaimer: Check your 1m charts
  • #129,066
  • Jan 18, 2013 10:41am Jan 18, 2013 10:41am
that was fast dammm @fudomyo
  • #129,067
  • Jan 18, 2013 10:47am Jan 18, 2013 10:47am
looking for continued USD strength

USDOLLAR D1:
Attached Image (click to enlarge)
Click to Enlarge Name: Picture0116.jpg Size: 106 KB
Don't be a hero. Don't have an ego. Always question yourself
  • #129,068
  • Jan 18, 2013 11:00am Jan 18, 2013 11:00am
Quoting kill56
are u talken about uj 95-100
Well all yen crosses are great until next week at least ... especially UJ which one sided (both sides strongly pointing for a rally). 95/ 100 looks out of the range for now 91.3x looks healthier but obviously if the BOJ decide to go all the way ...94 and even 100 are TA possible in the Q charts (btw UJ is Q reversal in play which is very powerful when confirmed mid and long term)

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #129,069
  • Jan 18, 2013 11:08am Jan 18, 2013 11:08am
Quoting kill56
the man well done bro keep milken the bitch
yep, want my 3k back. I have around 430-450 more down in mind, before a pb to around 59xx.

January, 4th:
Quoting Mr Hatch
Anyone see G/U @ 1.54?
Another edit to the bigger picture that I have in mind. The current move down is the first wave of a huge thrust towards 1.25 - 1.27.
1.54 is just the first target, before a pullback to reload.

What do you think?
  • #129,070
  • Jan 18, 2013 12:40pm Jan 18, 2013 12:40pm
Quoting Mr Hatch
yep, want my 3k back. I have around 430-450 more down in mind, before a pb to around 59xx.

January, 4th:


Another edit to the bigger picture that I have in mind. The current move down is the first wave of a huge thrust towards 1.25 - 1.27.
1.54 is just the first target, before a pullback to reload.

What do you think?
Got 1.293x with a break of the compression range ....

In any case, about to close last position, there is no point on holding short in euro after the news. ES as expected after the news going to close with a fresh break at the highs of 5 years highs. Next and only level left before the moon is the all time highs R that will need strong FA to crack it. Next R. 1510.xx for reference. GOLD, OIL and Euro closing in very decent and clear areas. US closed on Monday which is always a pain in the ass ...

After all these years I managed to upload my avatar and signature (thanks to pinkiaiii) so let see if Friedman brings some good luck this year...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #129,071
  • Jan 18, 2013 12:41pm Jan 18, 2013 12:41pm
Quoting Mr Hatch
yep, want my 3k back. I have around 430-450 more down in mind, before a pb to around 59xx.

January, 4th:


Another edit to the bigger picture that I have in mind. The current move down is the first wave of a huge thrust towards 1.25 - 1.27.
1.54 is just the first target, before a pullback to reload.

What do you think?


Parity to sub-parity is the target EW wise

short term look for reaction against 1.57
  • #129,072
  • Jan 18, 2013 12:46pm Jan 18, 2013 12:46pm
Quoting Mr Hatch
yep, want my 3k back. I have around 430-450 more down in mind, before a pb to around 59xx.

January, 4th:


Another edit to the bigger picture that I have in mind. The current move down is the first wave of a huge thrust towards 1.25 - 1.27.
1.54 is just the first target, before a pullback to reload.

What do you think?

dam it hatchy thats too deep down , the UK will be fucked , sooo cheep for shopping , love it though , lets stick with 154 for now,

i will look at the chart this weekend
  • #129,073
  • Jan 18, 2013 12:53pm Jan 18, 2013 12:53pm
Quoting sisse
Got 1.293x with a break of the compression range ....

In any case, about to close last position, there is no point on holding short in euro after the news. ES as expected after the news going to close with a fresh break at the highs of 5 years highs. Next and only level left before the moon is the all time highs R that will need strong FA to crack it. Next R. 1510.xx for reference. GOLD, OIL and Euro closing in very decent and clear areas. US closed on Monday which is always a pain in the ass ...

After all these years I managed to upload my...

nice avay bro best of luck
  • #129,074
  • Jan 18, 2013 5:34pm Jan 18, 2013 5:34pm
Quoting Fudomyo
time to dance.



http://www.youtube.com/watch?v=tHpwtuuncn0
Yup I agree mate... lets learn some steps before we dance

Inserted Video
  • #129,075
  • Jan 18, 2013 6:53pm Jan 18, 2013 6:53pm
Quoting kill56
dam it hatchy thats too deep down , the UK will be fucked , sooo cheep for shopping , love it though , lets stick with 154 for now,

i will look at the chart this weekend
I thought so as well, but then I considered the UK's position... they will need their back broken to obey the rules of the EZ. A forced obedience... a couple of decades ago we would have sent a couple of planes to bomb the cities.

But you are right, let's reach 54xx first.

Have a nice weekend.
  • #129,076
  • Jan 18, 2013 8:06pm Jan 18, 2013 8:06pm
Quoting Piters
Yup I agree mate... lets learn some steps before we dance

http://www.youtube.com/watch?v=6UV3kRV46Zs


Throw in some singing chickens and the party's on!



Inserted Video






btw: I found the Zurich Axiom quote I was looking for earlier.


It’s easy to be a prophet. You make twenty-five predictions and the ones that come true are the ones you talk about.– Dr. Theodore Levitt

http://www.tischendorf.com/2011/04/2...-and-prophets/
http://www.tischendorf.com/2010/04/0...n-and-iq-test/

The Ed Toppel article is pretty good too.
  • #129,077
  • Jan 18, 2013 8:26pm Jan 18, 2013 8:26pm
Quoting Fudomyo
Throw in some singing chickens and the party's on! .
Good to see ya Mate! Hope all is well and it be nice to see some more of you around this joint!
Cheers!
  • #129,078
  • Jan 18, 2013 8:47pm Jan 18, 2013 8:47pm
Quoting Chillypiper
Good to see ya Mate! Hope all is well and it be nice to see some more of you around this joint!
Cheers!

Good to see you too. I hope the markets are treating you well!

So far this is shaping up to be an excellent year.
  • #129,079
  • Jan 19, 2013 12:54am Jan 19, 2013 12:54am
Quoting Fudomyo
Throw in some singing chickens and the party's on!



http://www.youtube.com/watch?v=IlxozJh2JNo





btw: I found the Zurich Axiom quote I was looking for earlier.


It’s easy to be a prophet. You make twenty-five predictions and the ones that come true are the ones you talk about.– Dr. Theodore Levitt

http://www.tischendorf.com/2011/04/2...-and-prophets/
http://www.tischendorf.com/2010/04/0...n-and-iq-test/

The...

Great job mate.. with so many prophets around, we can easy Re-write a new Bible.. :nerd:

.... God creates the World in 7 or maybe in 5 days.. [tight SL]
  • #129,080
  • Jan 19, 2013 5:42am Jan 19, 2013 5:42am
AU W1

had a long this week playing for a bullish b/o with this ascending in mind.Cancelled after failing to follow through.But 650/700 still in play if 450 holds - looking for long entries next week - kind of wish I had one over the w/e but took my eyes off it
Attached Image (click to enlarge)
Click to Enlarge Name: au670.jpg Size: 70 KB
80 traders viewing now