The Really Useless Thread | Page 7473 | 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

  • #149,441
  • Apr 7, 2017 5:50am Apr 7, 2017 5:50am
Quoting The Fool
{quote}....defending against cruise missiles is hard because they can fly a torturous path, accelerate/decelerate, and often will fly close to the ground, hard or impossible to detect with surface radar
true, does this make the u.s. technology that more advanced? we had decades of proxy wars testing arms. was this test a failure for Putin?. Or was it just a slick way of making u.s. military overconfident? it may have been a cheap way for Putin to test his radar in a real situation. a test for Russia with syria taking the hit. lots of angles to dream up here. if Putin's defence is simply inferior. that's great. now on the other hand. he now has his defence people working on a solution, with last nights experience. i like to think those missiles could have just as easily took out those sams sights. that may have required that their tracking radar was turned on. to get a tracking signal.

all the figureheads are blaming syria. i stick with it being Russia approved chemical bombing
those who can, do. those who cant, talk about those who can
  • #149,442
  • Apr 7, 2017 6:00am Apr 7, 2017 6:00am
Quoting gatorinla
{quote} true, does this make the u.s. technology that more advanced? we had decades of proxy wars testing arms. was this test a failure for Putin?. Or was it just a slick way of making u.s. military overconfident? it may have been a cheap way for Putin to test his radar in a real situation. a test for Russia with syria taking the hit. lots of angles to dream up here. if Putin's defence is simply inferior. that's great. now on the other hand. he now has his defence people working on a solution, with last nights experience. i like to think those missiles...
The US military budget for 2015 was almost 600 billion, the Russians spent 60 billion, and I assume that doesn't include all private sector R&D.....we had better be able to blow everything up that's out there.....
Look Sharp/Trade Tight
  • #149,443
  • Apr 7, 2017 6:02am Apr 7, 2017 6:02am
This was either a layup, or bait, either way the Donald took it, and made his bones.
Look Sharp/Trade Tight
  • #149,444
  • Apr 7, 2017 6:06am Apr 7, 2017 6:06am
Quoting PayTheLimit
{quote} The US military budget for 2015 was almost 600 billion, the Russians spent 60 billion, and I assume that doesn't include all private sector R&D.....we had better be able to blow everything up that's out there.....
i hope so. this does not include a bunch of secret developing.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 70 KB
those who can, do. those who cant, talk about those who can
  • #149,445
  • Apr 7, 2017 6:10am Apr 7, 2017 6:10am
Quoting gatorinla
{quote} i hope so. {image}
It does not factor in the buying power for 1 USD in China or Russia. A engineers working hour in US cost? In china ? In Russia ? . Look the BigMac index too.
Trading in the shadow of SM
  • #149,446
  • Apr 7, 2017 6:15am Apr 7, 2017 6:15am
Quoting Earleone
{quote} It does not factor in the buying power for 1 USD in China or Russia. A engineers working hour in US cost? In china ? In Russia ? . Look the BigMac index too.
a lot of the defence budget is separate from war funding. a lot of war funding is over and beyond. its not placed in the budget. we just put it on the CC under miscellaneous
those who can, do. those who cant, talk about those who can
  • #149,447
  • Apr 7, 2017 6:21am Apr 7, 2017 6:21am
Quoting gatorinla
{quote} a lot of the defence budget is separate from war funding. a lot of war funding is over and beyond.
Yes, But this is money spent on defense / military. And the complete picture look very different if the buying power is included to the picture.
Trading in the shadow of SM
  • #149,448
  • Edited 6:43am Apr 7, 2017 6:22am | Edited 6:43am
Quoting goosebone
Hawkish breaks 630- to rest around 610 for nfp. Nonevent (expected) bounces around 630 to 688. Dovish breaks 688 to play with 701/730 then rests at 688/701 for nfp. Flop nfp: Up from wherever she sits to test 730. If its from 688/701 I say 730 dont hold and test 830/870 area. Inline nfp: chop 700/600 Overshoot nfp: a drop thru 560 to test 490
Looks like I'll be checking the first one here on delayed hawkish playout from FOMC.


This list uses PPP in the far right column. 2010 but gives an idea.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20170407-073416.jpg Size: 330 KB
  • #149,449
  • Apr 7, 2017 6:43am Apr 7, 2017 6:43am
Quoting Earleone
{quote} Yes, But this is money spent on defense / military. And the complete picture look very different if the buying power is included to the picture.
yeah true. they could buy a lot more at a cheaper price in your comparison. they just are not allowed to shop at the same private club. they manufacture a lot of knockoff products.. its not the same as eating fresh fish over canned sardines.
the russian economy is about the size of france. France about the size of california and texas. Russia wastes a lot of its GDP to corruption.. last i heard it had dropped from 15k per person to about 9k K today. here is 2013 figures..https://en.wikipedia.org/wiki/Compar...es_by_GDP_(PPP) since russia has dropped further.

i do get a lot of buying power at walmart comparable to a nordstroms. a lot of nordstroms is overpriced, a lot at walmart is cheap crap. in the battlefield, i would rather have less cheap crap.
those who can, do. those who cant, talk about those who can
  • #149,450
  • Apr 7, 2017 7:04am Apr 7, 2017 7:04am
Quoting gatorinla
{quote} took it at 0669.. less than the 100 pips i normally wait for.
stops +5 nfp coming in 25m. still looking to long after 0585.. but nfp may change that. 0585/0340
those who can, do. those who cant, talk about those who can
  • #149,451
  • Apr 7, 2017 7:14am Apr 7, 2017 7:14am
Quoting Pharm0r
{quote} hahahah I was watching Billions on one screen and my charts up on the other when JPY jumped. I distinctly remember thinking to myself "God damnit"
Stopped out uj. Was counter and just a scalp based on this news. Bodes well for the bigger picture eu shorts.
  • #149,452
  • Apr 7, 2017 7:17am Apr 7, 2017 7:17am
Quoting gatorinla
{quote} stops +5 nfp coming in 25m. still looking to long after 0585.. but nfp may change that. 0585/0340
auto tp 0588, smaller auto L 0587x, leaving small dry powder
those who can, do. those who cant, talk about those who can
  • #149,453
  • Apr 7, 2017 7:18am Apr 7, 2017 7:18am
Quoting goosebone
{quote} Stopped out uj. Was counter and just a scalp based on this news. Bodes well for the bigger picture eu shorts.
Not yet for me....lets see NY opening.

LON reaction was less than stellar I'll decide by end of day. These wicks...
  • #149,454
  • Apr 7, 2017 7:24am Apr 7, 2017 7:24am
Here we go for NFP. Not expecting much neither FA or TA wise but inline/positive with expectations.

For the flow nothing to update we have @primejarvis flow in play for today.

Quoting sisse
... -> Direct Short 1.063x-> to clean the 1.050x handle with hawkish FED and NFP -> Direct retrace 1.064x -> 1.079x with a flop in FED and NFP. GL all already trading, planing to trade or simple waiting for new data .... plays extends to NFP... sisse
-> Direct Short 1.063x-> to clean the 1.050x handle with hawkish FED and NFP
-> Direct retrace 1.064x -> 1.079x with a flop in FED and NFP.

GL all already trading, planing to trade or simple waiting for new data ....
Quoting goosebone
{quote} Looks like I'll be checking the first one here on delayed hawkish playout from FOMC. This list uses PPP in the far right column. 2010 but gives an idea. {image}
From a market/trading perspective I prefer to see it from a different angle: no who spend but who sell those services/products. The order of those list may look radically different. Sure the US is by 100 miles or more number 1 but there is a large public component that can't be traded directly from a investing point of view.

UK, France and Russia on the other hand make a killer selling defence, arms and military equipment but they don't have to receive the public image of being the bad boys ...America is always the bad guy in this ...but money for trading and investing is a lot more distributed than the headlines suggest and easier to trade if you know where to look outside the US...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #149,455
  • Apr 7, 2017 7:25am Apr 7, 2017 7:25am
Try a scalp entry short if 1.0655 is touched I put sell at 1.0648 . SL 1.06.77 ( I keep 1.0730 as main for adding shorts )
Trading in the shadow of SM
  • #149,456
  • Apr 7, 2017 7:30am Apr 7, 2017 7:30am
Quoting gatorinla
{quote} a lot of the defence budget is separate from war funding. a lot of war funding is over and beyond. its not placed in the budget. we just put it on the CC under miscellaneous
We've discussed it before EU thread.

At the risk of sounding nationalistic...

US military can decimate all other military's bar none. Russians and China included. 3 reasons

1. Military base proximity to other countries (how many foreign military bases are in US?)
2. Carriers....IE the ability to project military power away from nation with nukes, troops, planes, supplies, etc. US has 19 compared to combined world of 12
3. Technology/Spending

The great equalizer is nuclear, so he who has the most wins... or nobody wins.
  • #149,457
  • Apr 7, 2017 7:34am Apr 7, 2017 7:34am
Ouch that number

Trialing EU pending a test of 1.0730, holding UJ
  • #149,458
  • Apr 7, 2017 7:34am Apr 7, 2017 7:34am
Flop on the headline, good undershoot on unemployment, inline on the rest. Revision all lower.

A very 'full employment report'. Unemployment down with NFP unsustainable trend when you are in full employment.

In a nutshell, a flop.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #149,459
  • Apr 7, 2017 7:39am Apr 7, 2017 7:39am
...and that was it for the knee jerk reaction that will pretty much calm down the balance sheet crying wolfs for a while...now back for what we are tracking today which is NY open.

Expecting risk to rule the open...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #149,460
  • Apr 7, 2017 7:44am Apr 7, 2017 7:44am
I'll add that I'm against war, I actually think it'd be nice if we were all one nation with no religion other than Humanship. Imagine the possibilities the human race could achieve as one. The primitive part of the human brain is a real pain in the ass...

Anyway
45 traders viewing now