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The Really Useless Thread

  • #143,101
  • Sep 11, 2016 10:33am Sep 11, 2016 10:33am
That is exactly what i was saying, nobody can get this right 100%. I have not seen posts where he says he was wrong on his map and especially the maps he helped to create for others....Would love to see him taking a position along with the others on the new position tracking/game he organized....
You are also right, his success/failure does not matter but it does for people taking his advice for trading decisions(yes i know nobody forcing anybody to do)...

Quoting Fisher755
{quote} Nobody is always right, there is nothing wrong with losing trades. Sisse never posted winning trades, just his exit levels. By the plain logic if he is respecting his own rules and maps he has at least 50% accuracy which makes him profitable with his RR. Not that this would matter for any other trader following this thread. Sisse being profitable or not or how much has absolutely nothing to do with my trading or anybody else's. I am very much surprised that you following this thread for one year and even claiming you were professional trader...
  • #143,102
  • Sep 11, 2016 10:34am Sep 11, 2016 10:34am
Thank you.I will check skfx posts... Again sorry Sisse or anyone else who got hurt by my post... That was not my intention....

Quoting change
{quote} Of course he knows what he's talking about and a single wrong or good call doesn't make any difference ... For me the premium value in sisse's post is the way he show how to build a logic map whit reasonable expectations and put everything in a wider context (invaluable). FA hints are great too, especialy how to translate them in trading terms. Would like having more time to follow, reply and practice. Sometimes is not crystal clear? maybe but maybe it's me and not him and anywai it's a free forum post ... Another one worth reading imho...
  • #143,103
  • Sep 11, 2016 10:38am Sep 11, 2016 10:38am
Quoting Xxavier
..Also I do not remember seeing any updates from him about his loosing trades and/or wrong maps etc but have seen many updates where he is in a profitable trade and closing it....Again this is just my feeling and i could be completely wrong, hope i am wrong.....Any active participants of this thread feel the same?
He definitely has made posts about losing trades. I have seen him (and many others) edit their posts, so I can't tell you if it is still there. I don't think he has any intention of trying to pretend he is any better of a trader than he is, but let's face it, does anyone always feel the need to publicly post when their trade goes against them--especially when they haven't posted their entry point?

My take is 1- I love reading almost all of his posts (as well as many others on this thread) and hope he continues as I am getting to be a better trader as a result; 2- the purpose of most of his posts are either A- to give his macro outlook updates for discussion with anyone who cares to have an intelligent discourse; or B- to give lessons/training as to his way of trading with maps and outlooks. I sincerely hope he continues.
defense wins championships
  • #143,104
  • Sep 11, 2016 10:39am Sep 11, 2016 10:39am
If it is helping you to make money then that's all it matters..... You can ignore me or anybody and do exactly what you do to make money.... If you are not making money and here to learn then I can tell you reading and understanding is one thing and pulling the trigger with your money is a completely different ball game and that's why i was making the comment of loosing trades.. The key to sucess in this business is how you manager your loosing trades.....
Quoting Earleone
{quote} I agree with your first part of your post, second part I disagree with you . Sisse sometimes play with the words so we have to think. It is good IMO. Market is not always doing what it rationally should do from TA and FA ( Would be nice if it did ) . We trade expectations and short term a event can turn that around 180 degrees
  • #143,105
  • Sep 11, 2016 10:41am Sep 11, 2016 10:41am
Thank you and I really hope he continues with his Macro updates. They are real gems.... I think i need to learn to leave it at there and move on... not to worry about other things....

Quoting seemoore
{quote} He definitely has made posts about losing trades. I have seen him (and many others) edit their posts, so I can't tell you if it is still there. I don't think he has any intention of trying to pretend he is any better of a trader than he is, but let's face it, does anyone always feel the need to publicly post when their trade goes against them--especially when they haven't posted their entry point? My take is 1- I love reading almost all of his posts (as well as many others on this thread) and hope he continues as I am getting to be a better...
  • #143,106
  • Edited 12:11pm Sep 11, 2016 11:32am | Edited 12:11pm
Well I think to look for reports on sisse's entries, exits, wins, losses is to wholly miss the reason he is posting in the first place. And moreover, miss out on some very valuable trading lessons that are available here because of the discussions he starts and guides us through. I don't doubt that sisse is very successful with his own trading but I don't need proof of that with specific calls on the thread like you are talking about because it's immaterial to the reason I hang around. In fact, I think I'd find it distracting from my personal goal which is to get better at consistently making those calls on my own .
  • #143,107
  • Sep 11, 2016 11:59am Sep 11, 2016 11:59am
No reason to apologize. We all have the freedom to question each other's motives and hold everyone both accountable and transparent.
  • #143,108
  • Sep 11, 2016 12:34pm Sep 11, 2016 12:34pm
Quoting Xxavier
That is exactly what i was saying, nobody can get this right 100%. I have not seen posts where he says he was wrong on his map and especially the maps he helped to create for others....Would love to see him taking a position along with the others on the new position tracking/game he organized.... You are also right, his success/failure does not matter but it does for people taking his advice for trading decisions(yes i know nobody forcing anybody to do)... {quote}
I never saw sisse giving advice to take a trade. When was this? He always says "No break- No shake!" Every time he only comments "looking actively to take position" or "closed most here" or such. In fact, everytime a trader asks for specific about when he should enter or exit, sisse tells him to draw his own map and trade according to it. Which I find the only right thing to do. So, in this case it completly doesn't matter how sisse's map even looks like, because this is his map for his trading. I just cannot understand why would his trades be important for me. Winning or losing..

For example, my last trade EU was the opposite direction then his (if he took one) and I knew it and still did not care, because I traded what I saw, not what he saw.
All he is trying to do here is showing us how to draw universal- our own, not his map!- ( no matter what indys and tpl is used) HTF charts and trade - our own trades, not his! - accordng to them (the maps we draw for ourselves, not sisse for us! ) with better probability. This is the most any trader can teach others. In any system or TA or FA.

I don't know you and have nothing against you at all, I am just surprised in the cases when traders don't recognize that.
PVSRA
  • #143,109
  • Sep 11, 2016 12:51pm Sep 11, 2016 12:51pm
Quoting Pharm0r
No reason to apologize. We all have the freedom to question each other's motives and hold everyone both accountable and transparent.
No, no reason to apologize. I agree.
But again, I cannot help wondering how is it possible that a trader is following another trader for over a year and his first post after many months is not thanking him for what he learned (because what else would be a reason for following a trader for such a long period of time?!) , instead, his first post looks like it looks. How on earth is this possible if this trader is not egotistic person?! So when he was agreeing he was silent and now when he is not he is speaking. Weird and terrible world it is if only such people would walk on it.

Then again, it is always possible that after one year a poor guy doesn't understand sisse's posts at all (the core of them) but even in this case I imagine that it would be better to stay silent. But maybe I am wrong, which is also possible.
PVSRA
  • #143,110
  • Sep 11, 2016 7:26pm Sep 11, 2016 7:26pm
This is why Japans bond yields are on the rise

Link http://www.forexfactory.com/news.php?do=news&id=605682
  • #143,111
  • Sep 12, 2016 2:41am Sep 12, 2016 2:41am
The peso correlates with Trump's prospects? Interesting....MXN has never recovered from the oil rout. If Trump is elected and tries to close the remittance pipelines, the peso will keep dropping...

http://www.bloomberg.com/politics/ar...e-mexican-peso
Attached Image (click to enlarge)
Click to Enlarge Name: 2016-09-12_0036MXN.png Size: 58 KB
"If The Fool persists in his Folly he will become wise." - William Blake
  • #143,112
  • Sep 12, 2016 6:58am Sep 12, 2016 6:58am
Lots of action in the European session with best day in a while for trading. Equities, bonds and Oil on the move worldwide. V. decent retrace in European Equities flirting with a selloff with US equities entering in 'choose your poison time' for NY.

The latest round of soft reports in the US news added to CB just mentioning that 'free money' wont be forever were enough for markets to trigger the 'cat and mouse' game. Markets sitting on a preemptive selloff levels across the world aiming all cannons to the FED so it avoid hiking this year and we can keep 'riding the pig' despite the consequences for the mid term.

Super active day here, All eyes on NY playing ball (no expected until further numbers) today as it can open an extended move across the board.

sisse

PS: @Xxavier ...lol mate I don't think you really get what we are doing here. Of course I am playing with words!!!!! That was the whole point of the last 2 iterations. Taking out the training wheels, making the thread decide the map, triggers and everything without my trading bias or my chewed down version of the levels for the flows. The point of these iterations is not creating sisse's 'dick swinging contest' but rather show the importance of direction, risk, trade management and timing...
Pending conversations? PM for a chat...I am mainly in OTM now
  • #143,113
  • Sep 12, 2016 8:51am Sep 12, 2016 8:51am
what i think is E/u is getting range bound .... trapped in a hole ...

those who are already in sit tight ... and those who are looking for positions are waiting for a retrace on either side both longs and shorts ........ but none are getting a good entry .... in the middle scalpers (free money) are just enjoying a lot ... getting bored with E/u from the monday opening i didnt saw the chart and guess what its still in the bloody range and the range is getting smaller & smaller day by day before fed
Re-Incarnated
  • #143,114
  • Sep 12, 2016 10:03am Sep 12, 2016 10:03am
...watch-out Gold and Dollar with Europe going home. FED talking heads are in a rampage since last week with Euro triggering imminent short term break down alerts for the 1st time over a month ...

sisse

@primejarvis n the middle scalpers (free money) are just enjoying a lot ...

Wishful thinking ...the odds of 'scalpers' getting anything consistent around these areas is a bit less than usual meaning around zero to none in micro TFs.... ....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #143,115
  • Sep 12, 2016 10:36am Sep 12, 2016 10:36am
Quoting sisse
...watch-out Gold and Dollar with Europe going home. FED talking heads are in a rampage since last week with Euro triggering imminent short term break down alerts for the 1st time over a month ...
what did you read/hear?
Don't be a hero. Don't have an ego. Always question yourself
  • #143,116
  • Sep 12, 2016 11:03am Sep 12, 2016 11:03am
Quoting sisse
...watch-out Gold and Dollar with Europe going home. FED talking heads are in a rampage since last week with Euro triggering imminent short term break down alerts for the 1st time over a month ... sisse @primejarvis n the middle scalpers (free money) are just enjoying a lot ... Wishful thinking ...the odds of 'scalpers' getting anything consistent around these areas is a bit less than usual meaning around zero to none in micro TFs.... .... sisse
But at least micro tf's has a good volatility to scalp if a trader is a good scalper ... Oh! Not me .. Waiting for a direction ... What do you expect whether e/u gonna take a direction before fed or on fed ... What i see is a flag formation in h4 and d1 ..
Re-Incarnated
  • #143,117
  • Sep 12, 2016 11:07am Sep 12, 2016 11:07am
Quoting USD-Bear
{quote} what did you read/hear?
I think this can be a trigger

http://www.forexfactory.com/news.php?do=news&id=606581
Trading in the shadow of SM
  • #143,118
  • Sep 12, 2016 11:16am Sep 12, 2016 11:16am
Quoting Earleone
{quote} I think this can be a trigger http://www.forexfactory.com/news.php?do=news&id=606581
Might be but I don't know why fomc members are so cautious about hiking .... Everyone knows it's overheating which can cause much damage in every sector.... We have already seen a lot of damage earlier in there irrational decisions of not hiking on time... Everything is under control still if they don't hike ... 
Re-Incarnated
  • #143,119
  • Sep 12, 2016 12:27pm Sep 12, 2016 12:27pm
Quoting USD-Bear
{quote} what did you read/hear?
Nothing really new. Same FEd pawns in the wires....was referring at flows in main markets.

'Large' clearance on the European close especially. Floor is naked both Euro and Gold....if this is what i think is....we may mark the high of the month in both today....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #143,120
  • Sep 12, 2016 12:43pm Sep 12, 2016 12:43pm
yeeeehaw...
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