The Really Useless Thread | Page 6577 | 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

  • #131,521
  • Mar 14, 2013 3:43am Mar 14, 2013 3:43am
Quoting PayTheLimit
ok, cause I'm considering it slightly if the reaction to this bar holds, might be on the table, at any rate gl bro, talk atcha later..
Agree with the 2 bottom levels. Tracking like hawk that 1.298x for the W close and trailing without much expectations 1.286x (Below all locked but with weekly break and bit of risk ...lots of air). Same choppy conditions in the euro as the last 2 weeks with fading fast short-lived spasms to the downside expected.

Quoting kbmoonshinex
hello sisse.

great trades. bravo
what does it mean lmt1 on your chart ?
It just the labels for referencing the trades (Limit, Market and Stop...blue longs, red shorts, grey cleared, etc)...they are not TA indicators!!! ...

In any case, one more time , after testing and holding last mini support yesterdays, equities again entering at ALL TIME HIGHS environment play. This week in the menu is the S&P (later and coming very soon DAX, FTSE).... All manic moves across equities so most currencies via dollar will be subdued until then...like the last 2 weeks the "money" in the markets and better bang for the buck is not FX ...

GL all, same plays, same trades, same all here...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #131,522
  • Mar 14, 2013 4:22am Mar 14, 2013 4:22am
Quoting sisse
Agree with the 2 bottom levels. Tracking like hawk that 1.298x for the W close and trailing without much expectations 1.286x (Below all locked but with weekly break and bit of risk ...lots of air). Same choppy conditions in the euro as the last 2 weeks with fading fast short-lived spasms to the downside expected.



It just the labels for referencing the trades (Limit, Market and Stop...blue longs, red shorts, grey cleared, etc)...they are not TA indicators!!! ...

In any case, one more time , after testing and holding last mini...
sure, ty
looking for investors . pm me
  • #131,523
  • Mar 14, 2013 6:39am Mar 14, 2013 6:39am
Quoting sisse
Agree with the 2 bottom levels. Tracking like hawk that 1.298x for the W close and trailing without much expectations 1.286x (Below all locked but with weekly break and bit of risk ...lots of air). Same choppy conditions in the euro as the last 2 weeks with fading fast short-lived spasms to the downside expected.



It just the labels for referencing the trades (Limit, Market and Stop...blue longs, red shorts, grey cleared, etc)...they are not TA indicators!!! ...

In any case, one more time , after testing and holding last mini...
what you think about cable ?

really need your advice.
looking for investors . pm me
  • #131,524
  • Mar 14, 2013 6:54am Mar 14, 2013 6:54am
pretty much done for the day, but if ny breaks lower in e/u, which given the current short time-frame consolidation range is a distinct possibility, then i have a long term fib at 2906, a previous swing low around 2880 and the 200 day sma at 2859, stacked just below there is ds2 and i believe i'm right in saying that there is a significant options barrier at 2850, below there then take your pick...

have a good one...

i could be wrong...

edit- watch out for news states-side at 12:30pm gmt, ny is an hour ahead of itself in uk time, as we're still waiting for uk to catch up with the summer time hours switch...

thank you and good night...
  • #131,525
  • Mar 14, 2013 7:08am Mar 14, 2013 7:08am
Quoting gatorinla
consolidation here. it will break either way.. 2909 is a ypp support,, st pa it pointing to 2781 with a 2869 mid. i still scalp. sometimes we go to 3040 again. days ago i was hoping to short 3197.. it never happened. the 2994/2909 area may make us bounce, i just scalp.

after the norm at 3594 and 3694, the toll was paid for sub 1876. we have bounced since.
thanks for the ta insights gator... have a good day...
  • #131,526
  • Mar 14, 2013 7:12am Mar 14, 2013 7:12am
Quoting FibbinArchie
pretty much done for the day, but if ny breaks lower in e/u, which given the current short time-frame consolidation range is a distinct possibility, then i have a long term fib at 2906, a previous swing low around 2880 and the 200 day sma at 2859, stacked just below there is ds2 and i believe i'm right in saying that there is a significant options barrier at 2850, below there then take your pick...

have a good one...

i could be wrong...

edit- watch out for news states-side at 12:30pm gmt, ny is an hour ahead of itself in...
Indeed ...got the same reference.

About to clear last one in Euro here with NY...That will complete all the current Quarterly reference levels in my charts. Same across the board except ES that from a strictly TA point of view is a dozen points away but 99% of the move is gone. Markets (also taking a break myself) getting ready for the Spring break ending with Eastern holidays week to define next Q map across board....

Quick spike in volatility expected once we find the daily tops and bottom in the next few sessions and from them on is just extended chop zone in narrow ranges until next Q.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #131,527
  • Mar 14, 2013 7:35am Mar 14, 2013 7:35am
Quoting sisse
Indeed ...got the same reference.

About to clear last one in Euro here with NY...That will complete all the current Quarterly reference levels in my charts. Same across the board except ES that from a strictly TA point of view is a dozen points away but 99% of the move is gone. Markets (also taking a break myself) getting ready for the Spring break ending with Eastern holidays week to define next Q map across board....

Quick spike in volatility expected once we find the daily tops and bottom in the next few sessions and from them on...
do you have some levels for cable mate ?
looking for investors . pm me
  • #131,528
  • Mar 14, 2013 7:36am Mar 14, 2013 7:36am
Quoting FibbinArchie
pretty much done for the day, but if ny breaks lower in e/u, which given the current short time-frame consolidation range is a distinct possibility, then i have a long term fib at 2906, a previous swing low around 2880 and the 200 day sma at 2859, stacked just below there is ds2 and i believe i'm right in saying that there is a significant options barrier at 2850, below there then take your pick...

have a good one...

i could be wrong...

edit- watch out for news states-side at 12:30pm gmt, ny is an hour ahead of itself in uk time,...
nice catch mate
looking for investors . pm me
  • #131,529
  • Mar 14, 2013 7:37am Mar 14, 2013 7:37am
Quoting sisse
Indeed ...got the same reference.

About to clear last one in Euro here with NY...That will complete all the current Quarterly reference levels in my charts. Same across the board except ES that from a strictly TA point of view is a dozen points away but 99% of the move is gone. Markets (also taking a break myself) getting ready for the Spring break ending with Eastern holidays week to define next Q map across board....

Quick spike in volatility expected once we find the daily tops and bottom in the next few sessions and from them on is just...
positive claims number, but not particularly amazing... cheers sisse, have a good one mate...
  • #131,530
  • Mar 14, 2013 7:38am Mar 14, 2013 7:38am
Quoting kbmoonshinex
nice catch mate
cheers mate... good trading to you...
  • #131,531
  • Mar 14, 2013 7:43am Mar 14, 2013 7:43am
Quoting FibbinArchie
cheers mate... good trading to you...
i am with you just catch 2910. target 2950 for me enough. just 10 pips SL .
looking for investors . pm me
  • #131,532
  • Mar 14, 2013 7:46am Mar 14, 2013 7:46am
Quoting kbmoonshinex
do you have some levels for cable mate ?
Yes was heavy talking and tracking before the break. Some of the guys around the RUT got it from the very top 1.630x before the break (check Hatch posts). Here is the last chart update in the thread (track back for further references) just with the Swing and position macro moves... I personally have only taken crumbs in Cable as I couldn't grab a proper entry for the swing and end up chasing most micro pull backs ...but there is a lot more to come n Cable after the Q close....

Quoting sisse
.... Blue is long term, red is mid term.

In the case of the chart there are only basic S/R bu.... point and direction is the same...
Pending conversations? PM for a chat...I am mainly in OTM now
  • #131,533
  • Mar 14, 2013 7:58am Mar 14, 2013 7:58am
Quoting sisse
Yes was heavy talking and tracking before the break. Some of the guys around the RUT got it from the very top 1.630x before the break (check Hatch posts). Here is the last chart update in the thread (track back for further references) just with the Swing and position macro moves... I personally have only taken crumbs in Cable as I couldn't grab a proper entry for the swing and end up chasing most micro pull backs ...but there is a lot more to come n Cable after the Q close....
ty. i found some pictures from hatchi.
looking for investors . pm me
  • #131,534
  • Mar 14, 2013 8:07am Mar 14, 2013 8:07am
Quoting gatorinla
consolidation here. it will break either way.. 2909 is a ypp support,, st pa it pointing to 2781 with a 2869 mid. i still scalp. sometimes we go to 3040 again. days ago i was hoping to short 3197.. it never happened. the 2994/2909 area may make us bounce, i just scalp.

after the norm at 3594 and 3694, the toll was paid for sub 1876. we have bounced since.
got closer.
those who can, do. those who cant, talk about those who can
  • #131,535
  • Mar 14, 2013 8:11am Mar 14, 2013 8:11am
Quoting gatorinla
got closer.
really nice point 2909
looking for investors . pm me
  • #131,536
  • Mar 14, 2013 8:13am Mar 14, 2013 8:13am
Quoting sisse
Yes was heavy talking and tracking before the break. Some of the guys around the RUT got it from the very top 1.630x before the break (check Hatch posts). Here is the last chart update in the thread (track back for further references) just with the Swing and position macro moves... I personally have only taken crumbs in Cable as I couldn't grab a proper entry for the swing and end up chasing most micro pull backs ...but there is a lot more to come n Cable after the Q close....

Posted by gatorinla
it will probably do what the eu does.

its at 6275 atm.. if u want to risk the high with a s/o.. it has very good r/r.. under 6310.. conservative 200 pips.. for the 40 risk. unless you think the gbp is going up 800 more pips.

 

  1. gatorinla| Dec 23, 2012
    http://assets.forexfactory.net/nfs/c...ar84527_42.gif
    {quote} click post for entire.. 800 is now 1000.. 1/2 is 5000... 1/4 is 250.. the ending unknown.. i am in locked green
    Thread: EURUSD

those who can, do. those who cant, talk about those who can
  • #131,537
  • Mar 14, 2013 8:24am Mar 14, 2013 8:24am
some important cable levels.

below 50396 we can visit 45710.

condition - if tenkan sen ir kijun sen stand horizontally then we could see some bounce. first bounce to 50396 level second 52643.

condition for going lower to the next level- if tenkan sen and kijun sen stands vertically then possible it wants next level 45710. - from that level we can get a big bounce
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdweekly.png Size: 61 KB
looking for investors . pm me
  • #131,538
  • Mar 14, 2013 8:26am Mar 14, 2013 8:26am
Quoting gatorinla

  1. gatorinla| Feb 27, 2013
    http://assets.forexfactory.net/nfs/c...ar84527_42.gif
    {quote} red=bear green=bull bear for 1510.36 target bull for the circled 1640.89 draw some fibs and follow the footsteps.
    Thread: The Really Useless Thread
    Attached Thumbnails http://www.forexfactory.com/attachme...1&d=1361981881

...

developing.. nothing is certain.. these yellow levels were taken off the the 1510.38 one along with st pa.. st footsteps dont disagree with 1510.38, they agree in the update.
http://www.forexfactory.com/attachme...1&d=1363212735
Attached Image
those who can, do. those who cant, talk about those who can
  • #131,539
  • Mar 14, 2013 8:28am Mar 14, 2013 8:28am
Quoting gatorinla
developing.. nothing is certain.. these yellow levels were taken off the the 1510.38 one along with st pa.. st footstops dont disagree with 1510.36, they agree in the update.
http://www.forexfactory.com/attachme...1&d=1363212735
G, what you have for cable ?
looking for investors . pm me
  • #131,540
  • Mar 14, 2013 8:54am Mar 14, 2013 8:54am
Quoting kbmoonshinex
G, what you have for cable ?
4326.. and that may only be half (4326).. the good part is, its about an 80% certainty. the bad part is, the range is up to 631x high.. atm we are near touching the 1/4 mofo to 4326.. it may stop it from going higher. week chart.
Attached Image
those who can, do. those who cant, talk about those who can
38 traders viewing now