The Really Useless Thread | Page 7522 | 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

  • #150,421
  • Apr 25, 2017 6:14am Apr 25, 2017 6:14am
Quoting gatorinla
{quote} 111.14/111.49/111.62 will not change where i look to short..
I shorted uj 110.65 sl 110.80
  • #150,422
  • Apr 25, 2017 6:22am Apr 25, 2017 6:22am
Quoting NMZee
{quote} I shorted uj 110.65 sl 110.80
with u after 111.14/// R 111.49 and maybe more at 111.6x... calling it 111.49/111.6 area of Resistance.. +- a few.. its possibly is where the wind leaves the equities sails.. the reason i was waiting to long from lower last week..
those who can, do. those who cant, talk about those who can
  • #150,423
  • Apr 25, 2017 6:32am Apr 25, 2017 6:32am
Quoting gatorinla
{quote} with u after 111.14/// R 111.49 and maybe more at 111.6x... calling it 111.49/111.6 area of Resistance.. +- a few.. its possibly is where the wind leaves the equities sails.. the reason i was waiting to long from lower last week..
Who knows we may still get your 109.08 / 108.80. B4 111.6x. What do you think. What your mofu mantra saying.
  • #150,424
  • Apr 25, 2017 6:40am Apr 25, 2017 6:40am
Quoting NMZee
{quote} Who knows we may still get your 109.08 / 108.80. B4 111.6x. What do you think. What your mofu mantra saying.
the same thing it said b4 election.. the only difference is, i postponed my eu longs to 1.13xx do to usdx and 101.52, anticipated push down of eu.. as long as a push down is above 1.0340 it still makes 1.13xx valid..
those who can, do. those who cant, talk about those who can
  • #150,425
  • Apr 25, 2017 6:45am Apr 25, 2017 6:45am
Quoting gatorinla
{quote} the same thing it said b4 election.. the only difference is, i postponed my eu longs to 1.13xx do to usdx and 101.52, anticipated push down of eu.. as long as a push down is above 1.0340 it still makes 1.13xx valid..
The point is not if it is going to happen or not , or the time it will take but your resolve towards your analysis, the conviction is nothing short of inspirring.
  • #150,426
  • Apr 25, 2017 6:56am Apr 25, 2017 6:56am
Quoting NMZee
{quote} The point is not if it is going to happen or not , or the time it will take but your resolve towards your analysis, the conviction is nothing short of inspirring.
or stupidity.. even with stupidity if you have good stops protecting your loss. a bumbling idiot can make money or at least lose less. your only competition here is yourself.
those who can, do. those who cant, talk about those who can
  • #150,427
  • Apr 25, 2017 6:57am Apr 25, 2017 6:57am
Quoting gatorinla
{quote} the same thing it said b4 election.. the only difference is, i postponed my eu longs to 1.13xx do to usdx and 101.52, anticipated push down of eu.. as long as a push down is above 1.0340 it still makes 1.13xx valid..
There is a chance that i'll piss you off with my query but i'll take a chance any way.if price goes down from here then 110.02 or 109.62 which levl is stronger support.
  • #150,428
  • Apr 25, 2017 7:07am Apr 25, 2017 7:07am
s/o eu short..
those who can, do. those who cant, talk about those who can
  • #150,429
  • Apr 25, 2017 7:09am Apr 25, 2017 7:09am
Quoting NMZee
{quote} There is a chance that i'll piss you off with my query but i'll take a chance any way.if price goes down from here then 110.02 or 109.62 which levl is stronger support.
i never gave it thought.. if it happened moving your s/l to profit is a good thing..
those who can, do. those who cant, talk about those who can
  • #150,430
  • Apr 25, 2017 7:10am Apr 25, 2017 7:10am
as expected exhaustion leg started ...... will go untill ECB & trumpnomics tomorrow....

nothing to see watching for the best position in Eu .... not yet ...
Re-Incarnated
  • #150,431
  • Apr 25, 2017 7:27am Apr 25, 2017 7:27am
Quoting gatorinla
{quote} or stupidity.. even with stupidity if you have good stops protecting your loss. a bumbling idiot can make money or at least lose less. your only competition here is yourself.
True dat mate. Amen to that.
  • #150,432
  • Apr 25, 2017 7:30am Apr 25, 2017 7:30am
std.. i placed pending uj shorts 111.14/60... closing 111.80 with a pending hardstop, or by ear if able, probably sooner.. 111.49 may be a good one.. but sometime after 111.14 inclusive
those who can, do. those who cant, talk about those who can
  • #150,433
  • Apr 25, 2017 8:35am Apr 25, 2017 8:35am
Stopped on eu shorts. Flat for now.
  • #150,434
  • Apr 25, 2017 8:45am Apr 25, 2017 8:45am
back for a minute.. maybe a chance for some to get long later on eu.. or a short scalp.. but its depends on 0932 support or not supporting.. the possible scalp eu short in the 0948 +- a pip or 2.. a retrace to 0932 that may support it, is the problem.. but if it can manage.. a 60 ish pip trip is not greedy..
those who can, do. those who cant, talk about those who can
  • #150,435
  • Apr 25, 2017 8:49am Apr 25, 2017 8:49am
Quoting Mickster
{quote} Lmao.Gold short at 1275.5 adding shorts on each level til 1258
Seems like another good entry around 1268-1270 for tp of 1258
It's always part of a bigger plan
  • #150,436
  • Apr 25, 2017 9:53am Apr 25, 2017 9:53am
Quoting gatorinla
back for a minute.. maybe a chance for some to get long later on eu.. or a short scalp.. but its depends on 0932 support or not supporting.. the possible scalp eu short in the 0948 +- a pip or 2.. a retrace to 0932 that may support it, is the problem.. but if it can manage.. a 60 ish pip trip is not greedy..
its challenging now.. if it held.. 089x is a further st point.. with others above.. london went home.. uj is near 111.14, equities may be in line with uj..
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 15 KB
those who can, do. those who cant, talk about those who can
  • #150,437
  • Apr 25, 2017 10:00am Apr 25, 2017 10:00am
Inserted Video
those who can, do. those who cant, talk about those who can
  • #150,438
  • Apr 25, 2017 10:10am Apr 25, 2017 10:10am
...and that was pretty much it for the day. All markets in perfect synch from Treasuries to US equities and everything in between including Euro . 'All happiness' across the board as widely expected since French elections and Friday DT tweet, good earnings, no risk, good macro numbers all inline for the first time since before UK vote.

Markets riding the 'tweet' for tomorrow expecting [prolly too much] a huge boost from DT in a major fiscal party blow out including impossible to sustain/believe reduction in corporation taxes and high earners tax cuts with a major fiscal expansion in public spending. Not need to be rocket scientist, neither dig into the technical and political difficulties to implement to know something is not right in the equation....

More relevant than ever. In a nutshell, DT economic plan in both fiscal and monetary front coming to our theatres (at least the previews) in the next few hours :

Attached Image


sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #150,439
  • Apr 25, 2017 10:45am Apr 25, 2017 10:45am
Does the ST EU map now need renewing or is it too soon?
  • #150,440
  • Apr 25, 2017 10:47am Apr 25, 2017 10:47am
I ended up taking the long before the break and went with the momentum, exited at 94. Nice when B/O's work as they usually don't.
11 traders viewing now