The Really Useless Thread | Page 6778 | 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

  • #135,541
  • Jun 16, 2015 3:17am Jun 16, 2015 3:17am
Quoting hathor
{quote} Maybe you are right... But that levels are the bears target and reaching that would make them win, but as far as I can see...market wants to trap/absorb as many short as it can...before The move.
I have bear target as 1.0882 (conservative) and 1.0656 (orthodox mofu).
  • #135,542
  • Jun 16, 2015 3:17am Jun 16, 2015 3:17am
Quoting MissPips
{quote} Maybe. (Greece is the wild card.) But it would be a damn shame to make a new high without collecting the stops below 1175-50 first
Hmm..the structure can help your idea.
Time (and rumors from Greece) will tell.
Attached Image (click to enlarge)
Click to Enlarge Name: 06_16_EurUsd_H1.png Size: 22 KB
f(z)=z2+c
  • #135,543
  • Jun 16, 2015 3:24am Jun 16, 2015 3:24am
Quoting MissPips
{quote} I have bear target as 1.0882 (conservative) and 1.0656 (orthodox mofu).
I like your targets Miss. Got 1,088 as weekly overshoot. Hoping no lower, as I would very possibly burn. But watching 1,145 weekly test first and should we break... 1,158+ 1,1755 overshoot. Then I drink whiskey for a month till we correct to 1,1 min.
Attached Image (click to enlarge)
Click to Enlarge Name: untitled2.JPG Size: 179 KB
"I know one thing, that I know nothing." Sokrates
  • #135,544
  • Jun 16, 2015 3:34am Jun 16, 2015 3:34am
Quoting MissPips
{quote} I have bear target as1.0882 (conservative) and 1.0656 (orthodox mofu).
March - EurUsd - H4 - Triangle fail:
Attached Image (click to enlarge)
Click to Enlarge Name: 2015_03_EurUsd_H4.png Size: 23 KB


June -EurUsd - H4 - Happens again?
Attached Image (click to enlarge)
Click to Enlarge Name: 2015_06_EurUsd_H4.png Size: 29 KB
f(z)=z2+c
  • #135,545
  • Jun 16, 2015 3:38am Jun 16, 2015 3:38am
Quoting MissPips
{quote} I have bear target as 1.0882 (conservative) and 1.0656 (orthodox mofu).
Remember?

Quoting hathor
{quote} ...was ruminating about the third test of that trendline and i realized both of our view can be valid, its just the matter of time if you know what i mean. Edit: At about 2015.06.14-16. the ascending trendline will rise above the 2015.04.21/31. double bottom (1.06660 - Lucifer )
f(z)=z2+c
  • #135,546
  • Edited 4:13am Jun 16, 2015 4:02am | Edited 4:13am
Quoting hathor
{quote} Remember? {quote}
Sure do Have this now for weekly, hourly
Attached Image(s) (click to enlarge)
Click to Enlarge Name: week.jpg Size: 366 KB
Click to Enlarge Name: hourly.jpg Size: 680 KB
  • #135,547
  • Jun 16, 2015 5:02am Jun 16, 2015 5:02am
Quoting MissPips
{quote} Sure do Have this now for weekly, hourly {image} {image}
H t/l broke. ST target should be 1200. 1205ish to be on safe side
  • #135,548
  • Jun 16, 2015 5:32am Jun 16, 2015 5:32am
Quoting MissPips
{quote} H t/l broke. ST target should be 1200. 1205ish to be on safe side
1.12050 to the pipette...
f(z)=z2+c
  • #135,549
  • Jun 16, 2015 5:35am Jun 16, 2015 5:35am
bears showed their hand for a LL in the hourly around 0400 est

Charts are at home, ill post once I get there

single candle mofu cross followed by the touch at the mid. 1281 still offers a short with only a few pip risk

I already pulled 3/4 of my shorts posted earlier this morning right before news.
  • #135,550
  • Jun 16, 2015 5:36am Jun 16, 2015 5:36am
Quoting hathor
{quote} 1.12050 to the pipette...
Thankyou Cloggie, whereever you are....
  • #135,551
  • Jun 16, 2015 5:43am Jun 16, 2015 5:43am
Quoting MissPips
{quote} Thankyou Cloggie, whereever you are....
Heard about a lot about Cloggie...such a big loss that giants are leaving the forum from time to time.

Edit:
I mean knowledge and not money.
f(z)=z2+c
  • #135,552
  • Jun 16, 2015 5:47am Jun 16, 2015 5:47am
Quoting hathor
{quote} Heard about a lot about Cloggie...such a big loss that giants are leaving the forum from time to time. Edit: I mean knowledge and not money.
Yeah, still a few good ones around though, luckily since most people aren't lucky enough to find personal mentors.
  • #135,553
  • Jun 16, 2015 5:54am Jun 16, 2015 5:54am
Meh. He was kind of an asshole.

One of the greats though
  • #135,554
  • Jun 16, 2015 5:55am Jun 16, 2015 5:55am
st bulls holding their norms, above 1213 atm
  • #135,555
  • Jun 16, 2015 5:56am Jun 16, 2015 5:56am
Quoting MissPips
{quote} Yeah, still a few good ones around though, luckily since most people aren't lucky enough to find personal mentors.
Exactly...I've been rejected several time (Mentor didn't have enough time/ or I didn't have enough money)...so had to do it my way.
If I had a mentor, than probably would do one mistake only once to learn from it...
Forex is the land of the wolves, and Homo homini Lupus est.
f(z)=z2+c
  • #135,556
  • Jun 16, 2015 5:57am Jun 16, 2015 5:57am
Quoting Pharm0r
bears showed their hand for a LL in the hourly around 0400 est Charts are at home, ill post once I get there single candle mofu cross followed by the touch at the mid. 1281 still offers a short with only a few pip risk I already pulled 3/4 of my shorts posted earlier this morning right before news.
Whats the target? I dont see 1281
  • #135,557
  • Jun 16, 2015 6:00am Jun 16, 2015 6:00am
Quoting OfWolfAndMan
{quote} Whats the target? I dont see 1281
Give me a few hours and I'll post the chart I have, its off one of the most recent legs- saw it this morning on the way out the door and took the trades. mid would be close to 1267
  • #135,558
  • Jun 16, 2015 6:20am Jun 16, 2015 6:20am
Quoting Pharm0r
Meh. He was kind of an asshole. One of the greats though
Underneath which he had a good heart. He devoted a lot of time to teaching people in this forum, even if some of
his methods were reminiscent of Professor Snape.
  • #135,559
  • Jun 16, 2015 6:23am Jun 16, 2015 6:23am
Quoting MissPips
{quote} Underneath which he had a good heart. He devoted a lot of time to teaching people in this forum, even if some of his methods were reminiscent of Professor Snape.
What a good analogy

I wouldn't mind if he came back.
  • #135,560
  • Edited 6:58am Jun 16, 2015 6:46am | Edited 6:58am
Quoting Tom_D_Trader
{quote} . Will reload if you eat em {image}
Burp. (The devil made me do it.)

Edit: (My advice: try to wait for below 1146 to do it. This pattern I referred earlier on the H1 and H4 charts is useful in determining what is NOT the last lower low or higher high, and most time it works.)
22 traders viewing now