The Really Useless Thread | Page 7585 | 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

  • #151,681
  • May 19, 2017 3:37pm May 19, 2017 3:37pm
Quoting goosebone
{quote} No doubt. Nice job Pharmor. Really Good post(s). Pretty sure I heard hoom is next btw.
Well am pretty sure hoom is half drunk right now and going to deal with Goose later for trying to put him in a dangerous situation ... have a nice weekend all .
Get Rich or Die Tryin
  • #151,682
  • May 19, 2017 3:57pm May 19, 2017 3:57pm
Quoting hoom
{quote} Well am pretty sure hoom is half drunk right now and going to deal with Goose later for trying to put him in a dangerous situation ... have a nice weekend all .
You can't hide. Have a good weekend all.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20170519-185727.jpg Size: 508 KB
  • #151,683
  • May 19, 2017 4:03pm May 19, 2017 4:03pm
Quoting Pharm0r
,? *Alright sisse, bring on the spanking....
I think market already did it.....but I will wrap it up in a few (is too late and Friday night here doesn't really help for a market talk chat....)

For now, you started with a very poor note, faded in the middle, but ended up on a very strong note.... v. well done!!!

As you said it looks easier than it actually is. I think these public exercices are extremely hard but are and will have an immense impact in your traiding from now onwards...

We'll dig in the actual market talk details later....

sisse
.
Pending conversations? PM for a chat...I am mainly in OTM now
  • #151,684
  • May 19, 2017 4:08pm May 19, 2017 4:08pm
Quoting goosebone
{quote} You can't hide. Have a good weekend all. {image}
Nope I am as visible as the sun god knows who's that 'spy' ...
Get Rich or Die Tryin
  • #151,685
  • May 19, 2017 4:11pm May 19, 2017 4:11pm
Quoting sisse
{quote} I think market already did it.....but I will wrap it up in a few (is too late and Friday night here doesn't really help for a market talk chat....) For now, you started with a very poor note, faded in the middle, but ended up on a very strong note.... v. well done!!! As you said it looks easier than it actually is. I think these public exercices are extremely hard but are and will have an immense impact in your traiding from now onwards... We'll dig in the actual market talk details later.... sisse .
Well then I made progress, so thats good. Hats off to you for continually painting these pictures day after day for weeks and months and years....

God knows many of those years nobody even bothered to listen

Wow Trump getting spanked in the news already......
  • #151,686
  • May 19, 2017 4:13pm May 19, 2017 4:13pm
Quoting hoom
{quote} Nope I am as visible as the sun god knows who's that 'spy' ...
I see. So hiding just out of frame in your profile pic was just an accident. Have a round for me.
  • #151,687
  • May 19, 2017 4:14pm May 19, 2017 4:14pm
Quoting Pharm0r
{quote} Well then I made progress, so thats good. Hats off to you for continually painting these pictures day after day for weeks and months and years.... God knows many of those years nobody even bothered to listen Wow Trump getting spanked in the news already......
Word
  • #151,688
  • May 19, 2017 4:56pm May 19, 2017 4:56pm
Trying a map before going on holydays GL all !
Attached Image (click to enlarge)
Click to Enlarge Name: ST outlook2.jpg Size: 353 KB
  • #151,689
  • May 19, 2017 7:28pm May 19, 2017 7:28pm
Republican: G.W Bush and Donald Trump, Both Businessman by Profession.
I hope History will not repeat itself.

This for USD traders.
Attached Image (click to enlarge)
Click to Enlarge Name: History of Us.jpg Size: 415 KB
Nothing is Perfect... Every Body is Right...
  • #151,690
  • May 20, 2017 10:12am May 20, 2017 10:12am
https://www.bloomberg.com/news/artic...ompanies-today

"The Public Investment Fund, Saudi Arabias sovereign wealth fund, is contributing $20 billion in an infrastructure investment fund with Blackstone Group LP. The fund will eventually double in size from other investors, according to a statement.

Saudi Aramco said it signed 16 accords with 11 companies valued at about $50 billion. One initial deal -- worth $15 billion -- was signed with General Electric Co. The U.S. and Saudi Defense Ministry also negotiated a package of about $110 billion, according to a White House transcript on Friday. I cant imagine another business day thats been as good for the United States or for the kingdom, U.S. Commerce Secretary Wilbur Ross said..."

"Officials gave different figures for the value of all the deals signed. Foreign Minister Adel al-Jubeir said the agreements that were concluded valued more than $380 billion, $30 billion more than what was announced by Secretary of State Rex Tillerson in the same news conference. Earlier in the day, Saudi Cabinet Minister Mohammed Alsheikh put the total at about $300 billion. Honeywell International Inc., Nabors Industries Ltd., Exxon Mobil Corp. and Lockheed Martin Corp. were among other U.S. firms to sign accords Saturday after American corporate titans met local business heads in Riyadh."

Many of us sitting at the table are overseeing substantial investments in the United States, Energy Minister Khalid Al-Falih said on a panel at the inaugural Saudi-U.S CEO Forum that included Saudi billionaire Lubna Al-Olayan and Finance Minister Mohammed Al-Jadaan."

"The kingdoms PIF also said it contributed in SoftBank Group Corp.s Vision Fund, in addition to contributions from Mubadala Investment Co., Apple Inc., Foxconn Technology Co., Qualcomm Inc. and Sharp Corp. SoftBank announced its first close of the fund Saturday with $93 billion of commitments. The Saudis may put as much as $45 billion into the venture, people aware of the matter said in January."
"If The Fool persists in his Folly he will become wise." - William Blake
  • #151,691
  • May 20, 2017 11:23am May 20, 2017 11:23am
if true.. big deal.."Now updated: Donald Trump notified a 'case of impeachment' begun; pardon powers abated"
those who can, do. those who cant, talk about those who can
  • #151,692
  • May 20, 2017 1:16pm May 20, 2017 1:16pm
Quoting genierex
Republican: G.W Bush and Donald Trump, Both Businessman by Profession. I hope History will not repeat itself. This for USD traders. {image}
of course it will, it has since the beginning of time
  • #151,693
  • May 20, 2017 1:17pm May 20, 2017 1:17pm
Quoting gatorinla
if true.. big deal.."Now updated: Donald Trump notified a 'case of impeachment' begun; pardon powers abated"
whats the source gator? cannot find it anywhere so far
  • #151,694
  • May 20, 2017 1:18pm May 20, 2017 1:18pm
Quoting Pharm0r
{quote} of course it will, it has since the beginning of time
Will see.
Nothing is Perfect... Every Body is Right...
  • #151,695
  • May 20, 2017 1:22pm May 20, 2017 1:22pm
Quoting The Fool
https://www.bloomberg.com/news/artic...ompanies-today "The Public Investment Fund, Saudi Arabias sovereign wealth fund, is contributing $20 billion in an infrastructure investment fund with Blackstone Group LP. The fund will eventually double in size from other investors, according to a statement. Saudi Aramco said it signed 16 accords with 11 companies valued at about $50 billion. One initial deal -- worth $15 billion -- was...
..
Inserted Video
Look Sharp/Trade Tight
  • #151,696
  • May 20, 2017 3:34pm May 20, 2017 3:34pm
Quoting chester123
{quote} whats the source gator? cannot find it anywhere so far
Pretty sure it comes from a blog called patribotics. Tweeted by Louise Mensch.
  • #151,697
  • May 20, 2017 6:22pm May 20, 2017 6:22pm
Quoting The Fool
https://www.bloomberg.com/news/artic...ompanies-today "The Public Investment Fund, Saudi Arabias sovereign wealth fund, is contributing $20 billion in an infrastructure investment fund with Blackstone Group LP. The fund will eventually double in size from other investors, according to a statement. Saudi Aramco said it signed 16 accords with 11 companies valued at about $50 billion. One initial deal -- worth $15 billion -- was...
Looking at GE with this. Seems to be in a interesting spot.
  • #151,698
  • May 20, 2017 8:02pm May 20, 2017 8:02pm
Quoting goosebone
{quote} Looking at GE with this. Seems to be in a interesting spot.
Considering it as well. I was going to wait until after FOMC minutes and OPEC. However, I'm still concerned with their oil/gas segment. I'd also watch BHI (Baker Hughes) as GE did a joint venture with them in 2016.

I like the idea of incorporating some equity ideas in this thread. The fixation on EUR/USD is getting a little...exhausting (no offense to anyone).

Whatcha think?
  • #151,699
  • Edited 9:33pm May 20, 2017 9:17pm | Edited 9:33pm
Quoting ptoftangency
{quote} Considering it as well. I was going to wait until after FOMC minutes and OPEC. However, I'm still concerned with their oil/gas segment. I'd also watch BHI (Baker Hughes) as GE did a joint venture with them in 2016. I like the idea of incorporating some equity ideas in this thread. The fixation on EUR/USD is getting a little...exhausting (no offense to anyone). Whatcha think?
I like that. Many markets discussed here regularly of course but not specific stocks generally. And EU has center stage for sure. I think EU has been a good consistent tool for sisse and all here to use for the sake of synch. In the sense that if we changed what instruments were in main focus all the time it would make it more difficult to keep discussion of the the topics that the iterations covered on the same page. Secondly, using EU as a basis takes liquidity out of the list of variables to a large degree. It seems many are ready and wanting to elevate discussion. Perhaps expanding the list of markets the thread keeps in focus is one way to do that. I'm here to learn so always happy to read anyone's take on any of it.

If one, for instance, were to map GE in the way that's done here you think it might look like this? Outlook neutral?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Image2.png Size: 34 KB
Click to Enlarge Name: Image1.png Size: 31 KB
  • #151,700
  • May 21, 2017 12:12am May 21, 2017 12:12am
Quoting goosebone
Looking at GE with this. Seems to be in a interesting spot.
Sure, but it's not much of a mover. It has a decent dividend & that keeps it bid, but everything gets bid now anyway. Anyway, the iv's are low so the options are cheap. The Jun $29 calls are 15c now, will be more Monday if it goes up. But it could move back towards $30 and $29 calls would pay well. I am looking for ways to go long oil, can't trade the futures in the IRA's I have....
"If The Fool persists in his Folly he will become wise." - William Blake
11 traders viewing now