The Really Useless Thread | Page 7564 | 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

  • #151,261
  • May 15, 2017 9:03am May 15, 2017 9:03am
Quoting goosebone
{quote} Hit my pending at 1.0965 and added some there. Will pull half at 885 if I get the chance.
that eu close above 0895 and now ej breaking that little dt.. has me on the side till closer to that eu 1.1022 mark. pending at 1.1018 std..tight stop because weekend post..
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 39 KB
those who can, do. those who cant, talk about those who can
  • #151,262
  • May 15, 2017 9:04am May 15, 2017 9:04am
Quoting primejarvis
{quote} Don't get me wrong but I think you are too close to the market .... Try to get the big picture instead of lower timeframe
Don't get me wrong but how is tracking 950 getting too close to market? Thats the level I got here too on my end. @giveachance seems to be saying its an important mark between 1115(7) and 1.07x at the moment. A spread of 300/400 ticks. Adds up to me. Maybe for different reasons but I'd say 950 matters in the "not too close" frame.
  • #151,263
  • May 15, 2017 9:10am May 15, 2017 9:10am
Quoting gatorinla
{quote} that eu close above 0895 and now ej breaking that little dt.. has me on the side till closer to that eu 1.1022 mark. pending at 1.1018 std..tight stop because weekend post.. {image}
like this.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 35 KB
those who can, do. those who cant, talk about those who can
  • #151,264
  • May 15, 2017 9:10am May 15, 2017 9:10am
Quoting goosebone
{quote} Don't get me wrong but how is tracking 950 getting too close to market? Thats the level I got here too on my end. @giveachance seems to be saying its an important mark between 1115(7) and 1.07x at the moment. A spread of 300/400 ticks. Adds up to me. Maybe for different reasons but I'd say 950 matters in the "not too close" frame.
It's too close for ST & MT swings .... Not for scalping
Re-Incarnated
  • #151,265
  • May 15, 2017 9:11am May 15, 2017 9:11am
Quoting gatorinla
{quote} that eu close above 0895 and now ej breaking that little dt.. has me on the side till closer to that eu 1.1022 mark. pending at 1.1018 std..tight stop because weekend post.. {image}
Makes sense. Honestly pending orders like mine hit this morn are a pain in the ass. Nice you don't miss your mark when your sawing logs, not so nice that the entry often jumps a gun you might otherwise wait for were you at the chart. I got a plan for short and it's going ok so far I guess. I won't be surprised if it flops though. Kudos if you can get it in that tight. I know you usually dont settle for less.
  • #151,266
  • May 15, 2017 9:14am May 15, 2017 9:14am
The most important levels right now in my view are 1.104x, 1.098x , 1.082x , 1.063x 1.048x and the low of 2017 ....
Re-Incarnated
  • #151,267
  • May 15, 2017 9:20am May 15, 2017 9:20am
Quoting gatorinla
{quote} like this. {image}
I prefer this one, may need Trump to launch missle
Attached Image (click to enlarge)
Click to Enlarge Name: ej.png Size: 60 KB
  • #151,268
  • May 15, 2017 9:22am May 15, 2017 9:22am
Quoting Pharm0r
{quote} I prefer this one, may need Trump to launch missle {image}
129 has merit..
those who can, do. those who cant, talk about those who can
  • #151,269
  • May 15, 2017 9:25am May 15, 2017 9:25am
Quoting goosebone
{quote} Makes sense. Honestly pending orders like mine hit this morn are a pain in the ass. Nice you don't miss your mark when your sawing logs, not so nice that the entry often jumps a gun you might otherwise wait for were you at the chart. I got a plan for short and it's going ok so far I guess. I won't be surprised if it flops though. Kudos if you can get it in that tight. I know you usually dont settle for less.
kinda boring.. but i dont care.. i was looking at 0990 and was tempted.. so i may miss it and be sad or happy with a 1018 one. even if it ends up on the shit pile.
i was tempted because 1.1 was rejected b4 gap open. its a dice toss, but it has a smaller stop.
those who can, do. those who cant, talk about those who can
  • #151,270
  • May 15, 2017 9:30am May 15, 2017 9:30am
Quoting Pharm0r
{quote} I prefer this one, may need Trump to launch missle {image}
listening to the legal scholars, he may already be on a missile. by whats already been spoken freely in the press. Mike Pence too. Nixon didnt break into the Watergate hotel. He tried to stop the investigation. The cover up is what got him.
those who can, do. those who cant, talk about those who can
  • #151,271
  • May 15, 2017 9:32am May 15, 2017 9:32am
Quoting gatorinla
{quote} 129 has merit..
122.00 from here is possible. Next R is at 125.30. In strong sell zone both @ daily and weekly. Monthly has room for some 70 odd pips before 20ema.
  • #151,272
  • May 15, 2017 9:37am May 15, 2017 9:37am
Quoting NMZee
{quote} 122.00 from here is possible. Next R is at 125.30. In strong sell zone both @ daily and weekly. Monthly has room for some 70 odd pips before 20ema.
if it happens that way, good call. atm i am try to risk less. the rest will take care of itself.
those who can, do. those who cant, talk about those who can
  • #151,273
  • May 15, 2017 9:43am May 15, 2017 9:43am
Quoting gatorinla
{quote} if it happens that way, good call. atm i am try to risk less. the rest will take care of itself.
I have a Uj short from 114.10. Added more @ 113.60. Looking for 112.9x. Hoping to get it soon. Mighty nervous to hold on to this one.
  • #151,274
  • May 15, 2017 9:44am May 15, 2017 9:44am
Quoting NMZee
{quote} 122.00 from here is possible. Next R is at 125.30. In strong sell zone both @ daily and weekly. Monthly has room for some 70 odd pips before 20ema.
about 1.5 years ago i had the uj going to 100.50 as normal. at the same time ej had 129.xx as normal. i didnt have a way to work this out in my head. the solution i came up with is they would do one of them first, then the other. we will see.
those who can, do. those who cant, talk about those who can
  • #151,275
  • May 15, 2017 9:46am May 15, 2017 9:46am
[quote=gatorinla;9867751]{quote} 129 has merit..[/te]
what is ur calculation for 129? eu at 1.2 and usdjpy@107,5
  • #151,276
  • May 15, 2017 9:47am May 15, 2017 9:47am
Quoting gatorinla
{quote} about 1.5 years ago i had the uj going to 100.50 as normal. at the same time ej had 129.xx as normal. i didnt have a way to work this out in my head. the solution i came up with is they would do one of them first, then the other. we will see.
in current scenario looks tough. we may possibly have a top in the euro. i think it is failing here
  • #151,277
  • May 15, 2017 10:01am May 15, 2017 10:01am
Quoting giveachance
{quote} in current scenario looks tough. we may possibly have a top in the euro. i think it is failing here
maybe.. i want to still long eu when usdx hits 101.52 r higher. if that happens before eu 1.1316 or 1.1115. that's ok. if not, i shouldn't have closed after 0585..(original plan to target 1.1316). i wouldn't look over 1.1115 attraction. one reason i dont want to have a big s/l off a 1.1018 short.. not so sure about it being tough. pa tends to show what it wants. last month closed above the previous 1/4. atm we are above last months at 0895.. last week closed above
those who can, do. those who cant, talk about those who can
  • #151,278
  • May 15, 2017 10:29am May 15, 2017 10:29am
Quoting gatorinla
{quote} like this. {image}
taken a ej short here at 124.79.. 3/4 way to 129.64 is 124.88.. stop 125.05 std. later..
those who can, do. those who cant, talk about those who can
  • #151,279
  • May 15, 2017 10:31am May 15, 2017 10:31am
I read the following article, but I don't know the credibility of the source. However, it seems very interesting for Central banks future moves.
https://www.armstrongeconomics.com/w...l-bank-crisis/
What do you think about it's last paragraph?
"The balance sheets of both the Japanese central bank and the ECB are unlikely to follow the Fed just yet. A withdrawal of the ECB’s purchases of securities could produced the most widespread damage in Europe since the Dark Ages."
  • #151,280
  • May 15, 2017 10:42am May 15, 2017 10:42am
Quoting gatorinla
{quote} taken a ej short here at 124.79.. 3/4 way to 129.64 is 124.88.. stop 125.05 std. later..
here it is with 129.64.. taken a shot.. with the 76.4 stop..plus some..
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
54 traders viewing now