The Really Useless Thread | Page 7331 | 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

  • #146,601
  • Dec 22, 2016 11:31am Dec 22, 2016 11:31am
Quoting janpec1000
{quote} Usually in gold, if you go there you cant miss them. Mentioning the gold, looks like we are cooking for bearish santa delivery.
Yes . I was thinking in this thread ( @Goldflake f.ex ) No one did a bullish call here for eurusd before or after the news )
Trading in the shadow of SM
  • #146,602
  • Dec 22, 2016 11:33am Dec 22, 2016 11:33am
Interesting close in London. UK equities short-circuiting with bonds and Sterling sending screaming early signals o what is cooming in the background for next year.

Eyes on US Equities till the close.

sisse.

--------
@CommercialB you are right witb the range. @Earlone you went out of range with your last chart. @Pastalker you are a bit late ae we are sitting 1.044x for the European cloar as it was widely expected.

Don't want to chew it more cause you will miss the point and i got a feeling you r going to learn more than a trick or two with this one.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #146,603
  • Dec 22, 2016 11:38am Dec 22, 2016 11:38am
Quoting Earleone
{quote} Yes . I was thinking in this thread ( @Goldflake f.ex ) No one did a bullish call here for eurusd before or after the news )
Isnt everyone supposed to be sisse follower?
  • #146,604
  • Dec 22, 2016 11:52am Dec 22, 2016 11:52am
Quoting janpec1000
{quote} Isnt everyone supposed to be sisse follower?
Yes . Would be very easy if Sisse was sharing each call. Will not happen.

So then I am grateful that Sisse use time and energy trying to learn us how to do by ourself. It is priceless. Sisse will not need to buy beers in any country in the world.
Trading in the shadow of SM
  • #146,605
  • Dec 22, 2016 11:54am Dec 22, 2016 11:54am
Quoting janpec1000
{quote} Isnt everyone supposed to be sisse follower?
PLEASE NO !!!!!!....it will be disaster for everybody and would have defeated the last 6mts of conversation.....

The whole point or those looking for answers (not at all, all around here)is to make them think out of the box and have their own AHA private moments im whatever area they are looking for....or simple move on an look somewhere else....

I am just giving hints, sharing experience and establishing some general concepts that most of the time are hidden on the pile of garbage, noise, lies, commercial BS and myths surrounding public forums like FF.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #146,606
  • Dec 22, 2016 11:57am Dec 22, 2016 11:57am
Quoting Earleone
{quote} Yes . Would be very easy if Sisse was sharing each call. Will not happen. So then I am grateful that Sisse use time and energy trying to learn us how to do by ourself. It is priceless. Sisse will not need to buy beers in any country in the world.
Exactly, if he did posted link to portfolio noone would be reading the thread anymore and improving their game.

Sisse i was being sarcastic in case if it wasnt clear (just pointing some wisdoms of Goldflake)
  • #146,607
  • Dec 22, 2016 12:15pm Dec 22, 2016 12:15pm
Quoting janpec1000
{quote} There it goes UK100 finally open valid play for possibly exciting tomorrows London session. Pop now officially in play.
I hope we get the move =) the price in short term range is between top and extreme. By the extreme its choose your poison for short/mid/long term - of course on adequate timeframe!! At least in my view. However, right now Im not sure with the timing as we still have January = Im not sure of the short term sisses status

I think its nothing to do til the year end. We will not get any swing. Maybe a M1/Y1 roll? Dont know if that works.

In any case will start positing in 1. half of January.

P.S.: will try to make some mid and long term maps to post for 2017! Looking fowrard for the sisses yearly wrap up and forecast!!
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 24 KB
  • #146,608
  • Dec 22, 2016 1:03pm Dec 22, 2016 1:03pm
Well I know I'm one of the ones looking for answers. Found more than a few here already so I'm sticking around until I get voted off the island
This is the time of year I need to dive into work and don't come up for air til we clear the holidays so let me wish you guys a very happy holiday a little early.
Looking forward to a useless 2017!
  • #146,609
  • Dec 22, 2016 1:18pm Dec 22, 2016 1:18pm
Quoting sisse
dick swing The Fool ...
long and strong, baby. Merry Christmas from the New World.

I'm just winging cheap shots now, mostly in cash. I wonder if we might see a bit of Santa rally and then a steep sell-off in January, just like last years post-hike action? Or the Trump rally keeps running on rich fumes, visions of tax cuts and deficit spending, privatization of entitlements, etc, all like sugar plums in the oligarch old vultures' weary little heads? Chop til the Inauguration and Reality starts to spoil the party....? Well, we'll see...prolly won't hurt to nap til next year......
"If The Fool persists in his Folly he will become wise." - William Blake
  • #146,610
  • Dec 22, 2016 3:54pm Dec 22, 2016 3:54pm
Ray Dalio on Trump ...VERY Bullish!

https://www.linkedin.com/pulse/refle...?trk=prof-post
The spoken word is your master, the unspoken word your slave.
  • #146,611
  • Dec 22, 2016 6:57pm Dec 22, 2016 6:57pm
A question for you pro traders: if you are running a hedge fund, when do you close the books for the year? i.e., if you are collecting a 20% "performance fee", at what date is that highwater determined? Is it done annually - a comparison of end-year 2015 to end-year 2016, for instance? Thanks......
"If The Fool persists in his Folly he will become wise." - William Blake
  • #146,612
  • Dec 23, 2016 5:06am Dec 23, 2016 5:06am
Do any1 see an inverted H&S getting formed in smaller tf like m30 or h1 ...

is it a valid one ?
Re-Incarnated
  • #146,613
  • Dec 23, 2016 6:48am Dec 23, 2016 6:48am
Quoting janpec1000
{quote} There it goes UK100 finally open valid play for possibly exciting tomorrows London session. Pop now officially in play.

Quoting chester123
{quote} I hope we get the move =) the price in short term range is between top and extreme. By the extreme its choose your poison for short/mid/long term - of course on adequate timeframe!! At least in my view. However, right now Im not sure with the timing as we still have January = Im not sure of the short term sisses status {image}
Possibly not what you meant as you most likely know this already but just in case, my notes show short term status as SS (soft sell) which is also what's up online ..mid term (N) and long term (S) are also listed there too but I can't corroborate that for sure as I didn't have that info personally myself and don't know who updated that, though they appear to be accurate enough.
The spoken word is your master, the unspoken word your slave.
  • #146,614
  • Dec 23, 2016 6:55am Dec 23, 2016 6:55am
Quoting CommercialB
Quoting janpec1000 {quote} There it goes UK100 finally open valid play for possibly exciting tomorrows London session. Pop now officially in play. {quote} Possibly not what you meant as you most likely know this already but just in case, my notes show short term status as SS (soft sell) which is also what's up online ..mid term (N) and long term (S) are also listed there too but I can't corroborate that for sure as I didn't have that info personally myself and don't know...
I also see that USDCAD is listed middle term Sell in the google sheet. We had the discussion here and conclusion is that USDCAD middle term is a Buy. I think it was just Sisse that did not put the * behind Cad*
Trading in the shadow of SM
  • #146,615
  • Dec 23, 2016 7:04am Dec 23, 2016 7:04am
Quoting Earleone
{quote} I also see that USDCAD is listed middle term Sell in the google sheet. We had the discussion here and conclusion is that USDCAD middle term is a Buy. I think it was just Sisse that did not put the * behind Cad*
If it's that recent exercise with Hoom and yourself you're referring to I don't think that was a serious outlook change on sisse's part but was just meant as an example. Mid term outlook was changed from Neutral to Sell on 19.12.16 and that's still the current one to my knowledge
The spoken word is your master, the unspoken word your slave.
  • #146,616
  • Dec 23, 2016 7:07am Dec 23, 2016 7:07am
Quoting Earleone
{quote} I also see that USDCAD is listed middle term Sell in the google sheet. We had the discussion here and conclusion is that USDCAD middle term is a Buy. I think it was just Sisse that did not put the * behind Cad*
Sell view of sisse was meant for CAD not sure why it caused so much confusion it was pretty clearly defined, not USDCAD.
Speaking of CAD added one today, it has solid path for higher move along mid term macro. 3520 is pretty much done deal for take and break. UK100 ill hold trough weekend.
Attached Image (click to enlarge)
Click to Enlarge Name: d603d263485f42bc8c1609177bc96f8c.png Size: 54 KB
  • #146,617
  • Dec 23, 2016 7:08am Dec 23, 2016 7:08am
Quoting CommercialB
{quote} If it's that recent exercise with Hoom and yourself you're referring to I don't think that was a serious outlook change on sisse's part but was just meant as an example. Mid term outlook was changed from Neutral to Sell on 19.12.16 and that's still the current one to my knowledge
I dont agree . My argument during that outllok change in the beginning was that it was strange with buy outlook on USDCAD since we have buy outlook oil short term. Sisse corrected me with that and mentioned that this outlook change was middle term, not short term.
Trading in the shadow of SM
  • #146,618
  • Dec 23, 2016 7:20am Dec 23, 2016 7:20am
Quoting janpec1000
{quote} Sell view of sisse was meant for CAD not sure why it caused so much confusion it was pretty clearly defined, not USDCAD. {image}
Quoting Earleone
{quote} I dont agree . My argument during that outllok change in the beginning was that it was strange with buy outlook on USDCAD since we have buy outlook oil short term. Sisse corrected me with that and mentioned that this outlook change was middle term, not short term.
Well now I'm rightly confused as I was paying particular attention to those oil conversations and the *'s etc and had thought I'd logically reached the correct understanding. Well, at this stage all I can say is that my own versions of sisse's outlooks [EDIT: for Usd/Cad] for short (N) and mid term (S) correspond to what's also up online (I don't have my own data on his long term) ...am not saying that just cause it's up online it must be correct of course ..well we'll just have to keep this conversation open for a bit till we get to the bottom of it
The spoken word is your master, the unspoken word your slave.
  • #146,619
  • Dec 23, 2016 7:28am Dec 23, 2016 7:28am
Quoting CommercialB
{quote} {quote} Well now I'm rightly confused as I was paying particular attention to those oil conversations and the *'s etc and had thought I'd logically reached the correct understanding. Well, at this stage all I can say is that my own versions of sisse's outlooks [EDIT: for Usd/Cad] for short (N) and mid term (S) correspond to what's also up online (I don't have my own data on his long term) ...am not saying that just cause it's up online it must be correct of course ..well we'll just have to keep this conversation open for a bit till we get...
Ok. I will anyway follow the analyse I was part of .


USD/CAD @hoom & @ Earleone outlook for the RUT.

We will bookmark this and ask you to update accordingly when things change.

-> Short Term => BUY / NEUTRAL
-> Mid Term => BUY / NEUTRAL
-> Long Term => NEUTRAL / SOFT BUY

You can clearly call the final outlook direction for each, don't you ? (ST= Long, MT= Long, LT = Sell)
Trading in the shadow of SM
  • #146,620
  • Dec 23, 2016 7:49am Dec 23, 2016 7:49am
Quoting Earleone
{quote} Ok. I will anyway follow the analyse I was part of . USD/CAD @hoom & @ Earleone outlook for the RUT. We will bookmark this and ask you to update accordingly when things change. -> Short Term => BUY / NEUTRAL -> Mid Term => BUY / NEUTRAL -> Long Term => NEUTRAL / SOFT BUY You can clearly call the final outlook direction for each, don't you ? (ST= Long, MT= Long, LT = Sell)
And additional leverage for sell outlook cad after the report now 20 minutes ago http://www.forexfactory.com/news.php?do=news&id=625593 ( Buy usd/cad )
Trading in the shadow of SM
38 traders viewing now