The Really Useless Thread | Page 6582 | 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

  • #131,621
  • Mar 18, 2013 11:08am Mar 18, 2013 11:08am
Quoting pipper
The Gap to track is being filled (ES). ES about to complete filling the GAP (euro is still far and is not leading at all the move back up right now) cleaning the knee jerk reaction (made on air) in equities. Now we can start the real move. Decision time across the board in the next few sessions.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #131,622
  • Edited 11:33am Mar 18, 2013 11:11am | Edited 11:33am
tracking that too Sisse Today could be one of my best days

to hold is the next dilemma for me. H4 looks good though

Quoting sisse
The Gap to track is being filled (ES). ES about to complete filling the GAP (euro is still far and is not leading at all the move back up right now) cleaning the knee jerk reaction (made on air) in equities. Now we can start the real move. Decision time across the board in the next few sessions.

sisse
Disclaimer: Check your 1m charts
  • #131,623
  • Mar 18, 2013 11:14am Mar 18, 2013 11:14am
h1 100 sma so far...
  • #131,624
  • Mar 18, 2013 11:16am Mar 18, 2013 11:16am
Quoting pipper
tracking that too Sisse Today could be one of my best days
Nice to hear that bro...

Here pretty much flat after the huge gaps with only gold running...but I am closing the shop for spring break later this week so not really interested anything longer than a quick daily impulse move (if any) ...

GL with the bastards as they will almost sure, will start messing around these levels (ES)....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #131,625
  • Mar 18, 2013 11:17am Mar 18, 2013 11:17am
Quoting Venice
So crazy. I wonder how things would go in the US if they ever tried this. Maybe it would be the final nail in the coffin to get people up off their bum for once. They already steal enough money through taxes on a yearly basis as it is and can't manage it properly.
Yep and it takes a politician to really fcuk things up.
  • #131,626
  • Mar 18, 2013 11:19am Mar 18, 2013 11:19am
Quoting stewrigh
Yep and it takes a politician to really fcuk things up.
be careful when you stretch against CB's
  • #131,627
  • Mar 18, 2013 11:21am Mar 18, 2013 11:21am
cheers mate. enjoy the break. S&P level hit so gotta keep eyes open

Quoting sisse
Nice to hear that bro...

Here pretty much flat after the huge gaps with only gold running...but I am closing the shop for spring break later this week so not really interested anything longer than a quick daily impulse move (if any) ...

GL with the bastards as they will almost sure, will start messing around these levels (ES)....

sisse
Disclaimer: Check your 1m charts
  • #131,628
  • Mar 18, 2013 11:25am Mar 18, 2013 11:25am
Quoting FibbinArchie
sun, sea, sand and s....

....angria, how do i enrol in the russian navy??

anyways, take out 81 dpp before the london close???

have 94, 50% retrace level above there, may look to fade on an exhaustion move...

with ab=cd and h1 200sma around 3013...
out for a scalp...
  • #131,629
  • Mar 18, 2013 11:26am Mar 18, 2013 11:26am
Maybe this is why the Russians sent the navy.

Cyprus tax on deposits 'unfair, unprofessional and dangerous' - Kremlin

http://www.telegraph.co.uk/finance/f...s-Kremlin.html
  • #131,630
  • Mar 18, 2013 12:34pm Mar 18, 2013 12:34pm
Quoting stewrigh
Maybe this is why the Russians sent the navy.

Cyprus tax on deposits 'unfair, unprofessional and dangerous' - Kremlin

http://www.telegraph.co.uk/finance/f...s-Kremlin.html
If you analyse in detail it is more complex than it appears.

 

  1. It easy to understand and feel bad for the average Cypriot that has to pay the price of the stupidity and mismanagement of their banks.

  1. Also the Russian position is obvious and expected. Russian money alone will prolly end paying more in this bailout than any Cypriot.

  1. It is also very easy to understand the mass UK media which will trash (it sell very well in the UK for all parties) anything related to the "Continent". It is always like that with or without reasons.


However, if you check the German and EZ position they probably are not that crazy with that plan (but only politic and macroecomic wise). Why on earth you are going to put ALL the money and bailout to save Russian and from some other places (mostly dirty money) that has been parked in Cyprus. Avoiding taxes and regulations all these years? and the other bit is to bailout British people form the Troops (military personal) when the UK has hammered the Euro all this time and has block any possible common agreement and they treating to make the EU project collapse.

They didn't even agree on regulating the bastards that caused the last financial crisis that even Switzerland agreed. Now those same Bastards are getting a free ride bailout from the EZ and Germany...it sounds just "right" to make the Russians and the Brits pay a small piece of their share ...I think is fair to say the least. ...

Obviously, not implying that the average Cypriot need to pay the mess the bastards created ...but if not them who? ...10% sound cheap given the the stupidities that were made. As a Cypriot I will prosecute those bankers and jail forever and confiscate all their assets and future profits for the next 100 years ...but for the rest ....the EZ prolly did the only and best option available ...

sisse

Pending conversations? PM for a chat...I am mainly in OTM now
  • #131,631
  • Mar 18, 2013 12:51pm Mar 18, 2013 12:51pm
Quoting FibbinArchie
out for a scalp...
yeah it always gets smashed after i come out, i'm used to it...
  • #131,632
  • Mar 18, 2013 1:05pm Mar 18, 2013 1:05pm
classic how you keeping arch.. still holding here for my sins hoping to get a bit of a runner until FOMC wednesday

H4 looks good and 10min bull flag stopping me from cashing in so far

Quoting FibbinArchie
yeah it always gets smashed after i come out, i'm used to it...
Attached Image
Disclaimer: Check your 1m charts
  • #131,633
  • Mar 18, 2013 1:14pm Mar 18, 2013 1:14pm
Some light relief

Inserted Video
!

Or failing that we could always

http://whatreallyhappened.com/IMAGES/med_guillotine.gif
  • #131,634
  • Mar 18, 2013 1:15pm Mar 18, 2013 1:15pm
Quoting pipper
classic how you keeping arch.. still holding here for my sins hoping to get a bit of a runner until FOMC wednesday

H4 looks good and 10min bull flag stopping me from cashing in so far
i got room down to about 38 before my short term bias turns bearish...

yeah i'm ok i guess pipp, miss mum terribly but trying to keep positive and busy, went to a friends wedding over the weekend and had a really great time... hope you're keeping well...
  • #131,635
  • Mar 18, 2013 1:25pm Mar 18, 2013 1:25pm
i'm good mate. keeping a close eye incase it turns down to get me

good to hear you are keeping busy and positive arch mate

united have it in the bag now

Quoting FibbinArchie
i got room down to about 38 before my short term bias turns bearish...

yeah i'm ok i guess pipp, miss mum terribly but trying to keep positive and busy, went to a friends wedding over the weekend and had a really great time... hope you're keeping well...
Disclaimer: Check your 1m charts
  • #131,636
  • Mar 18, 2013 1:29pm Mar 18, 2013 1:29pm
Quoting pipper
i'm good mate. keeping a close eye incase it turns down to get me

good to hear you are keeping busy and positive arch mate

united have it in the bag now
not really following it this season as work on saturday afternoons now, i just know arsenal have pretty much lost the plot this season...
  • #131,637
  • Mar 18, 2013 1:32pm Mar 18, 2013 1:32pm
Quoting sisse
If you analyse in detail it is more complex than it appears.

 

  1. It easy to understand and feel bad for the average Cypriot that has to pay the price of the stupidity and mismanagement of their banks.

  1. Also the Russian position is obvious and expected. Russian money alone will prolly end paying more in this bailout than any Cypriot.

[list][*]It is also very easy to understand the mass UK media which will trash (it sell very well in the UK for all parties) anything related to the "Continent". It is always like...

I hear what you are saying but none of this has got anything to do with fairness - it's a jungle and there are no rules - there is no right and wrong anymore.

The EZ might be right but they couldn't have made a bigger cock up if they had tried.

And as for the UK - we are in worse shape than even Greece - our national debt is 5X GDP.

What we are talking about here is the continuance of the fiat currency ponzi scheme and the politicos will do everything they can to keep it going.

Ultimately this can only end one way IMHO - very BADLY.
  • #131,638
  • Mar 18, 2013 1:33pm Mar 18, 2013 1:33pm
it's bit boring that United are so far ahead now though. Barca had an outstanding comeback in the champions league and will probably win it again

Quoting FibbinArchie
not really following it this season as work on saturday afternoons now, i just know arsenal have pretty much lost the plot this season...
Disclaimer: Check your 1m charts
  • #131,639
  • Mar 18, 2013 2:07pm Mar 18, 2013 2:07pm
slow march or death roll
Attached Image (click to enlarge)
Click to Enlarge Name: eu.PNG Size: 34 KB
Disclaimer: Check your 1m charts
  • #131,640
  • Mar 18, 2013 2:13pm Mar 18, 2013 2:13pm
Quoting stewrigh
I hear what you are saying but none of this has got anything to do with fairness - it's a jungle and there are no rules - there is no right and wrong anymore.

The EZ might be right but they couldn't have made a bigger cock up if they had tried.

And as for the UK - we are in worse shape than even Greece - our national debt is 5X GDP.

What we are talking about here is the continuance of the fiat currency ponzi scheme and the politicos will do everything they can to keep it going.

Ultimately this can only end one way IMHO - very...
I see where are you coming from... Agree, sure. But IMO in the case of the EU (UK included) the currency issues are the consequence not the cause. Most of the bailout countries and some big ones like the UK and France are paying the price of not making structural reform on time/. Without competitiveness there is no CB Sterling, Euro, Drachma or whatever that can avoid the unavoidable.

The ECB and BOE they are only doing their job (very poorly in the case of the BOE but still) with the tools they have (currency) while the politicians in charge has systematically refuse to do implement what is need ... printing money like mad, holding on the euro, devaluing like no tomorrow Sterling will as you imply higher and higher costs later ...the problem is the politicians neither have the balls neither the intellectual capacity in some case t do it ..at the end the average European will keep paying the price of that ...

In simple words is not a currency problem but a structural one...

In any case, bears in equities remain comatose, while in the euro (intraday) are in a hurry in the last 5 intraday leg down since last week....and like usual when they move in a hurry ....all of them have extend the range but failed to sustain a break... Roll below 1,293x open 1.276x non stop...let see still some time...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
17 traders viewing now