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  • #296,821
  • Edited 11:39am Sep 27, 2010 11:24am | Edited 11:39am
Quoting mfoste1
woof....i dont really like this one

all those ma's were concentrated right down at 1.19 where it bounced
Hi bro
very nice chart have all info we need to know what trade to do
Past, Present and future
Can ask u something ?
Save this chart and i changed some point to it and Later will send it back to u
  • #296,822
  • Sep 27, 2010 11:36am Sep 27, 2010 11:36am
wonder whats hapening at 1.3495 its about the fifth time the pair is returning from here...anyway my bias is still long..(from info on various read up online)...anybody more info on this pair...keep it simple please.
  • #296,823
  • Sep 27, 2010 11:38am Sep 27, 2010 11:38am
Quoting mfoste1
woof....i dont really like this one

all those ma's were concentrated right down at 1.19 where it bounced
we see we we want. the eux trend has been down since 2008.. the usdx has been up since 2007.. the eu has been down since 2008.. the trick is getting the top of the trend. near 3510 may be it.. according to 50ema monthly. guys looking at a st chart will never see this.. i was hoping for 370x
those who can, do. those who cant, talk about those who can
  • #296,824
  • Sep 27, 2010 11:40am Sep 27, 2010 11:40am
Quoting almubashir
wonder whats hapening at 1.3495 its about the fifth time the pair is returning from here...anyway my bias is still long..(from info on various read up online)...anybody more info on this pair...keep it simple please.
mofu baby mofu!!!!!!!!!!!.. its all in the name..
those who can, do. those who cant, talk about those who can
  • #296,825
  • Sep 27, 2010 11:45am Sep 27, 2010 11:45am
Quoting gatorinla
mofu baby mofu!!!!!!!!!!!.. its all in the name..
what in the name of... is mofu?
  • #296,826
  • Sep 27, 2010 11:46am Sep 27, 2010 11:46am
Quoting almubashir
what in the name of... is mofu?
mofu = mother fucker
  • #296,827
  • Sep 27, 2010 11:50am Sep 27, 2010 11:50am
  •  Pipalot
  • | Joined Sep 2010 | Status: Going with the flow of the markets | 79 Posts
Quoting almubashir
wonder whats hapening at 1.3495 its about the fifth time the pair is returning from here...anyway my bias is still long..(from info on various read up online)...anybody more info on this pair...keep it simple please.
It is testing 5-month highs at 1.3495. A breakout above this level would suggest further Bullish momentum.
  • #296,828
  • Sep 27, 2010 11:53am Sep 27, 2010 11:53am
Quoting Pipalot
It is testing 5-month highs at 1.3495. A breakout above this level would suggest further Bullish momentum.
thank you sir/ma for keeping it simple and making a mofu..lol
  • #296,829
  • Sep 27, 2010 11:56am Sep 27, 2010 11:56am
  •  Pipalot
  • | Joined Sep 2010 | Status: Going with the flow of the markets | 79 Posts
Quoting almubashir
thank you sir/ma for keeping it simple and making a mofu..lol
Pleasure my friend - it's as simple as that.............
  • #296,830
  • Sep 27, 2010 11:58am Sep 27, 2010 11:58am
Quoting almubashir
what in the name of... is mofu?
that blue box is the larger mofu.. predicting or counting waves or any other method is bs in that box.. it can turn on a dime.. 3510 is the center it, or either edge has a high probability to kick a trend in the ass.. all 50% areas using any method or tf can have a similar result.. respect it.

just above 370x is another.. that would be 2 edges of major mofus almost touching. it should be a super resistance.
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those who can, do. those who cant, talk about those who can
  • #296,831
  • Sep 27, 2010 11:58am Sep 27, 2010 11:58am
Quoting Pipalot
Pleasure my friend - it's as simple as that.............
i meant not making a Mofu
  • #296,832
  • Sep 27, 2010 12:13pm Sep 27, 2010 12:13pm
"progress energy" had a circuit breaker trigger. .. it had dropped down almost to 0... back up atm
those who can, do. those who cant, talk about those who can
  • #296,833
  • Sep 27, 2010 12:15pm Sep 27, 2010 12:15pm
Quoting The Fool
dip to .3425 was a buying opportunity. No real selling pressure on the euro in a bull market in stocks. How much eurozone shit would need to hit the fan to decouple the euro from "risk-on" dollar selling? Enough but not too much, or is that just an untenable proposition?
We might get a doji on the day but there's no reason to be saying bull DOA. Until the "risk-on/sell USD" paradigm changes we need bad eurozone news to check the rising E/U tide. Moody's AIB downgrade overnight was a pause but here we are sniffing at new highs. Bear'll have to do better than that...
"If The Fool persists in his Folly he will become wise." - William Blake
  • #296,834
  • Sep 27, 2010 12:19pm Sep 27, 2010 12:19pm
Quoting The Fool
We might get a doji on the day but there's no reason to be saying bull DOA. Until the "risk-on/sell USD" paradigm changes we need bad eurozone news to check the rising E/U tide. Moody's AIB downgrade overnight was a pause but here we are sniffing at new highs. Bear'll have to do better than that...
hi fool (no pun intended, seriously),

i actually don't think we have yet to see a single bear. when i look at m5 or m1 chart and watch the region just below 3500... where are the bears? just bulls that stopped dead. or am i wrong?
  • #296,835
  • Sep 27, 2010 12:20pm Sep 27, 2010 12:20pm
Quoting egkid
Hi bro
very nice chart have all info we need to know what trade to do
Past, Present and future
Can ask u something ?
Save this chart and i changed some point to it and Later will send it back to u

ok i saved it.........yea id like to see your views on this chart
  • #296,836
  • Sep 27, 2010 12:22pm Sep 27, 2010 12:22pm
Quoting Mr Hatch
hi fool (no pun intended, seriously),

i actually don't think we have yet to see a single bear. when i look at m5 or m1 chart and watch the region just below 3500... where are the bears? just bulls that stopped dead. or am i wrong?
bears are just above 3510.. bulls haven't got the push just yet.. the top of the hill is always the hardest..
those who can, do. those who cant, talk about those who can
  • #296,837
  • Sep 27, 2010 12:25pm Sep 27, 2010 12:25pm
Quoting gatorinla
bears are just above 3510.. bulls haven't got the push just yet.. the top of the hill is always the hardest..
i thought so... i just mentioned that because fool said, "bears have to do better"... we didn't step in yet. but if we do, we hopefully shine x|x
  • #296,838
  • Sep 27, 2010 12:25pm Sep 27, 2010 12:25pm
  •  Pipalot
  • | Joined Sep 2010 | Status: Going with the flow of the markets | 79 Posts
Quoting Mr Hatch
hi fool (no pun intended, seriously),

i actually don't think we have yet to see a single bear. when i look at m5 or m1 chart and watch the region just below 3500... where are the bears? just bulls that stopped dead. or am i wrong?
The reason why people may have thought that the Bears where back is because everyone on here starts to get excited as soon as the markets move a different direction. These guys are the amateurish traders amongst us, you will be aware of who they are as soon as they start calling it. It may move say 20 pips and you will hear " the Bears are back in business" - it's ridiculous. I agree with you, this has been a day of consolidation nothing more............
  • #296,839
  • Sep 27, 2010 12:27pm Sep 27, 2010 12:27pm
Quoting Mr Hatch
hi fool (no pun intended, seriously),

i actually don't think we have yet to see a single bear. when i look at m5 or m1 chart and watch the region just below 3500... where are the bears? just bulls that stopped dead. or am i wrong?
last month solid has been bull news - Labor day drop was a sneak attack right out of Jackson Hole - an inside job 4sure. Strong bear has been AWOL since the early August slump. Until the markets cool off or a steady stream of shitty news out of the EZ shows up you can buy dips on E/U and make out. Dips better than 100 pips or so might be hard to find.....
"If The Fool persists in his Folly he will become wise." - William Blake
  • #296,840
  • Sep 27, 2010 12:35pm Sep 27, 2010 12:35pm
Quoting The Fool
last month solid has been bull news - Labor day drop was a sneak attack right out of Jackson Hole - an inside job 4sure. Strong bear has been AWOL since the early August slump. Until the markets cool off or a steady stream of shitty news out of the EZ shows up you can buy dips on E/U and make out. Dips better than 100 pips or so might be hard to find.....
i take it that this comes with experience, which is quite a long road for me to go. in the meantime, it's much better for my account when i stay sidelined waiting for the expected level to create a change.
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