The Really Useless Thread | Page 6676 | 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

  • #133,501
  • Apr 14, 2015 8:11am Apr 14, 2015 8:11am
Quoting sisse
{quote} lol mate. First i don't write for "my followers". I write to myself first and for the fellow REAL traders around that want to exchange trading and market talk. Second the language I use serves as a natural filter against the leech, the lazy and the free-riders. Third and most importantly: What misleading are you talking about?. Let me walk you through just this once: {quote} [check] The high of the session was made 1.0577 on the time of the post at the opening range and retestest 1.058x on the close of the european morning session right...
Thanks for taking time to explain. it is very clear now. I wish I understood before.
I appreciate your professional comment here. I wish and pray someday I will be or surpass a guru like you.
Cheers!
  • #133,502
  • Apr 14, 2015 8:27am Apr 14, 2015 8:27am
Quoting USD-Bear
{quote} tried yesterday at 7578 but got stopped at BE Currently watching 7560 Edit: got in Edit 2: stop @ BE
... just wanted to praise your trade, then I say the 2nd edit: shame. I managed to not lose money on AU, thats all... waiting no for some kind of retrace and a new try.
UJ: have a 118.57 target, might be a bit of a stretch in one go.
Fail better.
  • #133,503
  • Apr 14, 2015 8:32am Apr 14, 2015 8:32am
here we go for NY. Euro 1.066x holding the opening range till the London fix and day and next couple of sessions will be over till ECB tomorrow....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #133,504
  • Apr 14, 2015 8:36am Apr 14, 2015 8:36am
Quoting LarryDarrell
{quote} ... just wanted to praise your trade, then I say the 2nd edit: shame. I managed to not lose money on AU, thats all... waiting no for some kind of retrace and a new try. UJ: have a 118.57 target, might be a bit of a stretch in one go.
tx Larry, why the shame, still in (on a hair) and targetting 7725

AU M5:
Attached Image (click to enlarge)
Click to Enlarge Name: Picture0032.png Size: 60 KB
Don't be a hero. Don't have an ego. Always question yourself
  • #133,505
  • Apr 14, 2015 8:40am Apr 14, 2015 8:40am
Quoting sisse
here we go for NY. Euro 1.066x holding the opening range till the London fix and day and next couple of sessions will be over till ECB tomorrow.... sisse
Can Draghi say anything new...?
Attached Image (click to enlarge)
Click to Enlarge Name: EUR_USD_5 Mins_snapshot.png Size: 27 KB
69
  • #133,506
  • Apr 14, 2015 8:57am Apr 14, 2015 8:57am
Quoting USD-Bear
{quote} tx Larry, why the shame, still in (on a hair) and targetting 7725 AU M5: {image}
misread it, 'stopped' instead of 'stop'... great trade! I've got a optimistic pending long at 7578
Fail better.
  • #133,507
  • Apr 14, 2015 9:10am Apr 14, 2015 9:10am
Still not high enough to short for me. Would like to see the 17xx area we talked about yesterday. It's within reach of the ECB conf.

Eyeing the monthly for a LL. As said- 50% works for time as well, we are coming up on the half month (technically tomorrow) and bears have brought us to the low...candles like to reverse @ 50%, the timing is right for bulls. Even so, I'm still short biased for all the obvious reasons.

Unfortunately I don't have the macro fundamental intelligence as most of my peers in this thread...yet. Can only go by "most times" from patterns I read on a chart....this is a most times pattern for the monthly, with time aligned...
  • #133,508
  • Apr 14, 2015 9:18am Apr 14, 2015 9:18am
Quoting Rockerzeus
{quote} looks like you get rid off your stalker after you changed your weapon
That is weird seeing his name down there
  • #133,509
  • Apr 14, 2015 9:28am Apr 14, 2015 9:28am
Quoting Mr Hatch
{quote} Easy fixes: {quote} Take the trade, it's your analysis and money. {quote} Don't second guess your decision. If you bit the apple, don't sue the vendor. {quote} Get the basics of money management right for your needs and means, then try to make sense of your own analysis and only then add stuff you understand that is being said by any of the seasoned guys. {quote} Master this, then do that. P.S.: can anyone guess how bored I am?
Lol, I like your analysis. You must be a good professor. if you are not yet one, better quite what you are doing now and get a bunch of kids to lecture.
  • #133,510
  • Apr 14, 2015 9:33am Apr 14, 2015 9:33am
Quoting Pharm0r
{quote} That is weird seeing his name down there
this is the first time I saw since 3 years.
  • #133,511
  • Apr 14, 2015 9:33am Apr 14, 2015 9:33am
Quoting PIP Lover
{quote} . Last Friday, price hit YEARLY R3. Today no break once more, and price started to head down. A Daily close today below last daily candle mid - 12300 is needed to...

EDIT: I want to add that if UJ closes below 120.15 and will fall under 120.00 and then 119.70, and also Euro will hopefully close and maintain above 1.0580.. Then all is aligned for the move
I love it when a plan comes together.

UJ broke 119.70
Euro above 1.0580
DAXIE doing its thing from the YEARLY R3 - amazing short with terrific R:R
I have positions in all.
Dax took 1 off the table still have 2 more lots in...



Attached Image (click to enlarge)
Click to Enlarge Name: Image3.png Size: 10 KB
  • #133,512
  • Apr 14, 2015 9:51am Apr 14, 2015 9:51am
Quoting sisse
here we go for NY. Euro 1.066x holding the opening range till the London fix and day and next couple of sessions will be over till ECB tomorrow.... sisse
Sir, apart from candles and chart which particular indicator usually guide your judgement of what to expect next?
  • #133,513
  • Apr 14, 2015 10:04am Apr 14, 2015 10:04am
Hey-oh...bit of action I see. Charts AND gobshites!

Had a half-lot AU fill...while in the air, I think. Have pulled 40% in two partials. Just now have a chance to plan how I'm going to manage the rest...
Attached Image (click to enlarge)
Click to Enlarge Name: AU.JPG Size: 91 KB

Was looking for a larger fill at .7533...no joy...but no DD, either.

Price hung up on H1 200EMA right now. See how she goes.
  • #133,514
  • Apr 14, 2015 10:08am Apr 14, 2015 10:08am
Quoting Magix
{quote} Found him! {image}
Sorry I missed him...and nice work on whomever booted his arse! Better dealt with that way than an ignore list anyway.
Quoting kenfen69
{quote} Whack-a-mole!
Reload! Its hunting season!
  • #133,515
  • Apr 14, 2015 10:09am Apr 14, 2015 10:09am
Quoting PIP Lover
{quote} I love it when a plan comes together.}
Well played!

Enjoy!
  • #133,516
  • Apr 14, 2015 10:10am Apr 14, 2015 10:10am
Quoting Rockerzeus
{quote} this is the first time I saw since 3 years.
Ooooh-ooooh...who'd I miss?

Does it start with M?
  • #133,517
  • Apr 14, 2015 10:11am Apr 14, 2015 10:11am
Quoting USD-Bear
{quote} tx Larry, why the shame, still in (on a hair) and targetting 7725 AU M5: {image}
Good man, Bear!

Nice to see you!
  • #133,518
  • Edited 10:24am Apr 14, 2015 10:13am | Edited 10:24am
Took a eu short @ yesterday's ATR while on the toilet in the 1700 area

Sorry to post late, but we did talk about 17xx yesterday....watching the 4 hour close (especially this last 30 mins) for hints on direction...bears should want to close as low as possible..
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 10 KB
  • #133,519
  • Apr 14, 2015 10:16am Apr 14, 2015 10:16am
Quoting kenfen69
{quote} Good man, Bear! Nice to see you!
Hi Ken, nice to be here and see some old faces
Don't be a hero. Don't have an ego. Always question yourself
  • #133,520
  • Apr 14, 2015 10:20am Apr 14, 2015 10:20am
Quoting palinco
{quote} Your initial statement was misleading.
Steady, my friend.

Think you'll struggle to find clearer point to point analysis than sisse's anywhere...never mind on Forex Factory. I'm struggling to even recall a time I've seen a typo.

Possibly a language misunderstanding through your interpretation of his analysis, but please...try not to rustle his feathers. The man is a gem and his invaluable offerings are graciously free of charge. Rare breed.

Anyway...enjoy.
47 traders viewing now