The Really Useless Thread | Page 7517 | 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

  • #150,321
  • Apr 23, 2017 5:06pm Apr 23, 2017 5:06pm
Futures open with the spoos up near 25, gold down near $20....hoorah, Europe is saved....
"If The Fool persists in his Folly he will become wise." - William Blake
  • #150,322
  • Apr 23, 2017 5:07pm Apr 23, 2017 5:07pm
usdx at last months support also atm
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 37 KB
those who can, do. those who cant, talk about those who can
  • #150,323
  • Apr 23, 2017 5:15pm Apr 23, 2017 5:15pm
Was flat in EU (thank goodness) after 4/17. Looking to sell again probably on Thursday morning.

Closed +160 in UJ. Atm (unless new risk), I will either buy again at 109.7 or sell at 111.60 (or as close to that as it gets) depending on where it decides to settle.

So glad the French kept the flame alive...
  • #150,324
  • Apr 23, 2017 5:15pm Apr 23, 2017 5:15pm
s eu.. giving 15
Attached Image
those who can, do. those who cant, talk about those who can
  • #150,325
  • Apr 23, 2017 5:16pm Apr 23, 2017 5:16pm
Quoting sisse
{quote} Take it for what is worth. If you are still holding MT ST shorts you wont be caught on a runaway rally, neither you have lost he chance to clear for a scratch or better .... All bids and offers were raised for the weekend. Most (almost all) algos off before the open and we have pretty much all humans (yes actual humans !!!) sitting in Paris, Frankfurt and London trading today. Meaning there was a large empty ladder in between. Markets conditions will resume to normal on the top of the hour especially with Asia entering in the picture......
Thanks sisse. I know you don't usually like to get down to the details like that. I appreciate your take very much.
  • #150,326
  • Apr 23, 2017 5:19pm Apr 23, 2017 5:19pm
Quoting gatorinla
w/o a change looking still to short uj 111.14/6x... some R 111.49/62 ish expected.. eu did get its 1.0585 so it did open 1.13xx but usdx 101.52 is still unresolved. i may short eu after 1.13xx too. but if i get some signal either way it's on. atm eu is bumping its head near 1.0905 DT resistance.. 1/2 way back may be a good one.
Higator,
Where is the next support for uj. 109.6x or 110.09 or .....beter you tell.
  • #150,327
  • Apr 23, 2017 5:20pm Apr 23, 2017 5:20pm
Quoting The Fool
Futures open with the spoos up near 25, gold down near $20....hoorah, Europe is saved....
Inline with expectations vote so far. For European (EZ) Equities only politics and elections are holding back markets since last year...

Soft and short-lived relief rally will ignite the open but US markets eager for DT to cut the crap in the risk front and delivery something this Wednesday is the on to track as market ultimatum in the US.

Although odds are extremely low for a surprise in France, Europe is not saved yet, need to clear French election 2nd round and more importantly cope with the strong reaction that will come from 'Russia with love' in the upping days. Expecting a flood of media BS from Murdoch and Co, lies, fake news and all that (and hopefully not a a timely terror attack) in the following weeks ...

No outlook updates in any market after this first results ....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #150,328
  • Apr 23, 2017 5:34pm Apr 23, 2017 5:34pm
Quoting NMZee
{quote} Higator, Where is the next support for uj. 109.6x or 110.09 or .....beter you tell.
if i really knew i would be making my own porn movies. starring me, for a private collector. chances are i wouldn't be posting them here. i was taking a shot at it.. 1/2 way from where u come seems not so greedy. that 109.08 may float some support.. my rule is/was still valid for me.. i didnt stutter when i said 108.74.. it happens most times b4 111.14.. using that logic the closer to 111.14 b4 108.74 has the best juice
those who can, do. those who cant, talk about those who can
  • #150,329
  • Apr 23, 2017 5:44pm Apr 23, 2017 5:44pm
not too greedy
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 21 KB
those who can, do. those who cant, talk about those who can
  • #150,330
  • Apr 23, 2017 5:54pm Apr 23, 2017 5:54pm
Quoting sisse
{quote} Inline with expectations vote so far. For European (EZ) Equities only politics and elections are holding back markets since last year... Soft and short-lived relief rally will ignite the open but US markets eager for DT to cut the crap in the risk front and delivery something this Wednesday is the on to track as market ultimatum in the US. Although odds are extremely low for a surprise in France, Europe is not saved yet, need to clear French election 2nd round and more importantly cope with the strong reaction that will come from 'Russia...
i know murdoch is a asshole. does he have any loyalty to anyone other than himself? or he just pro Russian?
those who can, do. those who cant, talk about those who can
  • #150,331
  • Apr 23, 2017 6:04pm Apr 23, 2017 6:04pm
Quoting sisse
.. Soft and short-lived relief rally will ignite the open but US markets eager for DT to cut the crap in the risk front and delivery something this Wednesday is the on to track as market ultimatum in the US.
yes could be a chance for better entries short equities, long gold....bull path for risk assets a minefield now as Trump will not likely deliver the goods. As the buffoon's ratings crater maybe a showdown with NK becomes his only chance for a "win"....everyone will rally around a wartime POTUS and I dread this calculus is not lost on the Trump regime.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #150,332
  • Apr 23, 2017 6:15pm Apr 23, 2017 6:15pm
too young to remember the Russian missile crises.. we got a nk nut threatening to fire on a carrier. a few months back, when it was ok to talk. i have a step nephew on a n sub. he wasn't allowed to give position. but he is not far from there in the see of japanish. he may be closer now.. i can't see the u.s. firing a nuke. but if they fire on s korea/japan or a carrier with one. i could see DT doing it. i doubt it would be a single.

and we got russia buzzing alaskan coast
those who can, do. those who cant, talk about those who can
  • #150,333
  • Apr 23, 2017 6:25pm Apr 23, 2017 6:25pm
Quoting gatorinla
s eu.. giving 15 {image}
b.e +1 sl
those who can, do. those who cant, talk about those who can
  • #150,334
  • Apr 23, 2017 6:40pm Apr 23, 2017 6:40pm
Quoting gatorinla
too young to remember the Russian missile crises.. we got a nk nut threatening to fire on a carrier. a few months back, when it was ok to talk. i have a step nephew on a n sub. he wasn't allowed to give position. but he is not far from there in the see of japanish. he may be closer now.. i can't see the u.s. firing a nuke. but if they fire on s korea/japan or a carrier with one. i could see DT doing it. i doubt it would be a single. and we got russia buzzing alaskan coast
yep...I got a bad feeling on this one
Inserted Video
"If The Fool persists in his Folly he will become wise." - William Blake
  • #150,335
  • Apr 23, 2017 6:47pm Apr 23, 2017 6:47pm
Quoting The Fool
{quote}yep...I got a bad feeling on this one https://www.youtube.com/watch?v=HCCyvAwbbso
i doubt russia could put a bomber over a main u.s. city w/o a shoot down. if i was in a syrian rebel stronghold (even if underground a hundred meters ), i would not feel safe. Russia supposedly has the father of all bombs.. 4X stronger than the moab... it's like a nuke,,

putin has to 1 up trump with a bigger bomb
those who can, do. those who cant, talk about those who can
  • #150,336
  • Apr 23, 2017 6:52pm Apr 23, 2017 6:52pm
http://www.cnn.com/2017/04/20/world/russia-foab-weapon/
those who can, do. those who cant, talk about those who can
  • #150,337
  • Apr 23, 2017 7:17pm Apr 23, 2017 7:17pm
below 108.. i am probably not going to L uj till the weekly 2x 107.57/.58 area. fundis may not allow 111.14. the last 2 points on the lager charts the last few months were barely missed. its possible 111.14 could miss the same. but i will still Long above 108.. probably 108/108.80 zone.. the same as lat week..

if it works out, i will hold eu short playing it by ear.. then look to close after usdx 101.52 area
those who can, do. those who cant, talk about those who can
  • #150,338
  • Apr 23, 2017 9:07pm Apr 23, 2017 9:07pm
Quoting gatorinla
s eu.. giving 15 {image}
moved sl +18
those who can, do. those who cant, talk about those who can
  • #150,339
  • Apr 23, 2017 10:02pm Apr 23, 2017 10:02pm
Got S/o on the last position of trailing .... Gap so no option left booked a +300 pips trade into a -40 pips ...
Anyways officially flat as pancake .... No more trading until high and start of the gap gets rectified .... So by any means nothing to see before DT BS on Wednesday .... After a very long long time started a week like this ... Fault was mine I should have closed the last trailing manually but thought it's the last position ....Hmmmm ...
Re-Incarnated
  • #150,340
  • Apr 24, 2017 1:24am Apr 24, 2017 1:24am
Quoting gatorinla
not too greedy {image}
Gator, what is 109.08 here?
Thanks
30 traders viewing now