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The Really Useless Thread

  • #130,401
  • Edited 2:29pm Feb 8, 2013 1:54pm | Edited 2:29pm
Quoting sisse
Well it was a bestseller book about a very interesting experiment made by 2 guys ( Dennis and Eckhardt) recruited a few ordinary people from different backgrounds and train them to become traders in just two weeks....is a very famous real story in trading ...

sisse
Stop losses is what makes account to grow, not the PIPS.. and that is the BEST part of turtle system.. Constancy and clean rules with taking profit, and SL is what made that system good...

btw.. there are others [experiments] like turtles, ie. simple sma crossover or simple 5sma crossing ... and with interesting statistics, where group of 100 traders gave different results on the same system.

Finally the conclusion is , that OUR brain wiring is what drives us to recognise patterns as bullish or bearish, NOT the System.. and is too Personal...
  • #130,402
  • Feb 8, 2013 1:55pm Feb 8, 2013 1:55pm
chinese new year next week. up until market forces Draghi to cut could be a possibility

Quoting pipper
Worth adding a long at 334x-5x i'm thinking
Quoting pipper
With you bear mate on AU short.. Think we'll see bit of a retrace this week on EU before possible final up next week for Chinese golden week

Quoting pipper
risky long here. will cut it loose if breaks 51. lower and she could be heading to 328x
Disclaimer: Check your 1m charts
  • #130,403
  • Feb 8, 2013 2:03pm Feb 8, 2013 2:03pm
junkies still camel time nothing to trade eye on the close, dam it we stuck


it will be nice to close around here on fiber


cable it looks west after carrny shitt run his mouth

equities no break no shake sisse is holden es from going up or down , we have nice range though

gold the bitch will break sooner or later i am stuck with her

any way fak the market pipe is running who gives a dam
  • #130,404
  • Feb 8, 2013 2:07pm Feb 8, 2013 2:07pm
have a smoking weekend killer

Quoting kill56
junkies still camel time nothing to trade eye on the close, dam it we stuck


it will be nice to close around here on fiber


cable it looks west after carrny shitt run his mouth

equities no break no shake sisse is holden es from going up or down , we have nice range though

gold the bitch will break sooner or later i am stuck with her

any way fak the market pipe is running who gives a dam
Disclaimer: Check your 1m charts
  • #130,405
  • Feb 8, 2013 2:11pm Feb 8, 2013 2:11pm
Quoting pipper
have a smoking weekend killer
u too bro, and wheres the fak is my dam tight
  • #130,406
  • Feb 8, 2013 2:20pm Feb 8, 2013 2:20pm
love the tighty


Quoting kill56
u too bro, and wheres the fak is my dam tight
Attached Image
Disclaimer: Check your 1m charts
  • #130,407
  • Feb 8, 2013 2:21pm Feb 8, 2013 2:21pm
Quoting gatorinla
s/o eu 3414 trade at be on the spike to 28
opened another 3395,, still in atm. may close if we dont move soon
ej was up 200 and now just 160 ish.. entry 125.39 its keeps going up and down.. i may tp it..

kiwi has a 75.50 target, and suggest the current high is a high until. so weakness on bounces near 78.0 or 78.42 ish may be the way to go, up to a hh.. with the 75.5 min target.. atm 77.35
gbp is red for me atm..
closed most for now.. 3340 nay be a support... we are close enough for me. looking to s 3492
those who can, do. those who cant, talk about those who can
  • #130,408
  • Feb 8, 2013 2:25pm Feb 8, 2013 2:25pm
Quoting kill56
junkies still camel time nothing to trade eye on the close, dam it we stuck


it will be nice to close around here on fiber


cable it looks west after carrny shitt run his mouth

equities no break no shake sisse is holden es from going up or down , we have nice range though

gold the bitch will break sooner or later i am stuck with her

any way fak the market pipe is running who gives a dam
I knew they'd leave us here over the weekend... where to go from here?
  • #130,409
  • Feb 8, 2013 2:38pm Feb 8, 2013 2:38pm
Quoting kill56
junkies still camel time nothing to trade eye on the close, dam it we stuck


it will be nice to close around here on fiber


cable it looks west after carrny shitt run his mouth

equities no break no shake sisse is holden es from going up or down , we have nice range though

gold the bitch will break sooner or later i am stuck with her

any way fak the market pipe is running who gives a dam

Exactly ... just to add the levels in play for the roll.

ES fighting hard to hold 1511.xx for a one more chance of 1517.xx/2x next week.
Gold officially in a Daily double Break down now 1670.xx for the damn and now overdue 1599.xx
Oil held second test 96.1x still on a break to 104.xx
Euro fighting 1.337x for a retrace to 1.364x in a fast shoot with strong intermediate stop 1.351x. Failure to hold 1.337x opens 1.331x and even marginally 1.319x with a further break next week but will need equities selling off...
...and finally Cable ...saved by the bell (Carney save the day) with a fade back to the compression range leaving a strong reversal formation to 1.613x...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #130,410
  • Feb 8, 2013 2:42pm Feb 8, 2013 2:42pm
currently thinking of holding over weekend as i think we'll head higher. 1.377x possibly in the horizon

Quoting Mr Hatch
I knew they'd leave us here over the weekend... where to go from here?
Attached Image (click to enlarge)
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Disclaimer: Check your 1m charts
  • #130,411
  • Feb 8, 2013 2:52pm Feb 8, 2013 2:52pm
Quoting Piters
Stop losses is what makes account to grow, not the PIPS.. and that is the BEST part of turtle system.. Constancy and clean rules with taking profit, and SL is what made that system good...
Indeed...

Quote
btw.. there are others [experiments] like turtles, ie. simple sma crossover or simple 5sma crossing ... and with interesting statistics, where group of 100 traders gave different results on the same system.

I have been thinking to do a experiment myself in FF ...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #130,412
  • Feb 8, 2013 2:55pm Feb 8, 2013 2:55pm
Quoting sisse
Indeed...



I have been thinking to do a experiment myself in FF ...

sisse
Good Luck
  • #130,413
  • Feb 8, 2013 2:59pm Feb 8, 2013 2:59pm
killed long for +7. didn't take out 76. may hit 334x before up Monday. good weekend all
Attached Image
Disclaimer: Check your 1m charts
  • #130,414
  • Feb 8, 2013 3:19pm Feb 8, 2013 3:19pm
Quoting sisse
Donchian Channels, volatility breaks, etc, no not at all. I was more interesting in the discipline and rules implication for the conversation with Hatch. Nothing to do with what I do.




EU budget approved and Gold I don't really understand how it can keep holding the break down much longer ... it is literally hanging on air ... ES is just floating to final target so even Dr. Doom is on board now (that is massive surprise ...lol ...only 125% move up later he finally admitted) so let see if we can push in a manic light volume move with Europe...
Yes I've seen that within your charting but alot harder said than done
Ok time for a pint of the black stuff have a good one you lot
  • #130,415
  • Feb 8, 2013 3:32pm Feb 8, 2013 3:32pm
Quoting cohiba pips
Yes I've seen that within your charting but alot harder said than done
Ok time for a pint of the black stuff have a good one you lot
cheers mate ...enjoy the weekend... closing shop here too in a few minutes...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #130,416
  • Feb 8, 2013 5:57pm Feb 8, 2013 5:57pm
Quoting Mr Hatch
Got it, will read it over the weekend.
I saw that youtube-series about the Million-Dollar-trader, which appears to follow the same concept. That was as interesting as it was disenchanting.
but the people were a bunch of idiots, apart from the bloke who was in the army, the black bloke and the woman who stayed to the end... the rest were fuck-wits and convinced that the manager anton was on cocaine, good series tho' the whole lot are on-line to watch somewhere, maybe yourtube...
  • #130,417
  • Feb 8, 2013 6:08pm Feb 8, 2013 6:08pm
Quoting USD-Bear
thanks, telling myself to do nothing, but sometimes it itches a bit
you should be able to get some cream for that from the chemist...
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  • #130,418
  • Feb 8, 2013 6:20pm Feb 8, 2013 6:20pm
whatever happened to the milky bar kid??? we don't get to hear much about vsa on this thread, any vsa practitioners still at ff???

again all that vsa is just the old wyckoffian approach to analysis, repackaged by that tradeguider crowd... is that ex-copper still running the company? bit of an odd character really...
  • #130,419
  • Feb 8, 2013 6:25pm Feb 8, 2013 6:25pm
[quote=FibbinArchie;6432232]but the people were a bunch of idiots, apart from the bloke who was in the army, the black bloke and the woman who stayed to the end... the rest were fuck-wits and convinced that the manager anton was on cocaine, good series tho' the whole lot are on-line to watch somewhere, maybe yourtube...[/QU


that divorced women was ok middle aged blond hair as i remember no morals and stuck to the rules evil little .... lol

also one off the guys from the program posted on ff yrs back the cage fighter but all a bit hazy with them memory's
  • #130,420
  • Feb 8, 2013 6:26pm Feb 8, 2013 6:26pm
Quoting FibbinArchie
whatever happened to the milky bar kid??? we don't get to hear much about vsa on this thread, any vsa practitioners still at ff???

again all that vsa is just the old wyckoffian approach to analysis, repackaged by that tradeguider crowd... is that ex-copper still running the company? bit of an odd character really...
retired but still goes to the gym every morning at half five
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