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  • #313,561
  • Oct 25, 2010 6:37pm Oct 25, 2010 6:37pm
Quoting Venice
Motha Fu**er hah..
that's mofo...
  • #313,562
  • Oct 25, 2010 6:37pm Oct 25, 2010 6:37pm
Quoting FibbinArchie
that's mofo...
lol big ol' /facepalm for me.
  • #313,563
  • Oct 25, 2010 6:38pm Oct 25, 2010 6:38pm
Quoting FibbinArchie
what's that mofu indicator you're using? and what the hell is a mofu? I tried googling, but just brings me back to this thread...
that's where it belongs
  • #313,564
  • Oct 25, 2010 6:39pm Oct 25, 2010 6:39pm
Quoting Mr Hatch
yeah, i'm starting to like that shit

and 39075 was your target... why exactly?
  • #313,565
  • Oct 25, 2010 6:40pm Oct 25, 2010 6:40pm
Quoting FibbinArchie
that's mofo...
See the Urban Dictionary

Quote
Mofu:
A way of saying motherfucker that makes more sense than mofo, because the second letter in fuck is a "u" not an "o"
Getting it right is NOT as important as not getting it wrong.
  • #313,566
  • Oct 25, 2010 6:40pm Oct 25, 2010 6:40pm
Quoting Mr Hatch
that's where it belongs
is it murrey math levels?
  • #313,567
  • Oct 25, 2010 6:40pm Oct 25, 2010 6:40pm
Well probably many of u dont use BPC pattern. Its a great tool to use especially on trend collapse when many traders make mistakes. Yesterday I was in a long position since Asia. I have closed a part of my trade at last swing high but I let other portion of a trade to run. I wasnt shorting as I dont play vs trend. The trend was BULLISH.

Then we got some good USD news and trend collapse has happened. Many traders who I know were decoyed by buying dips. That was not a good thing to do.

Watch the trendlines and FIBO's. I have marked a prototypical BPC pattern which has compensate for the lost long trade and earned me a good amount of pips in these late hours.
Attached Image (click to enlarge)
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  • #313,568
  • Oct 25, 2010 6:42pm Oct 25, 2010 6:42pm
Quoting gatorinla
i got a position short at 4153.. i doubt it holds but im at be now. gu at 6092.5 at be also
i fu and closed eu last night 110 pips. . i got a new short, i will close it above 4038 be... gu still running..
those who can, do. those who cant, talk about those who can
  • #313,569
  • Oct 25, 2010 6:44pm Oct 25, 2010 6:44pm
Quoting gatorinla
i fu and closed eu last night 110 pips. . i got a new short, i will close it above 4038 be... gu still running..
nice one (the 4153 entry that is), wtg
Getting it right is NOT as important as not getting it wrong.
  • #313,570
  • Oct 25, 2010 6:45pm Oct 25, 2010 6:45pm
FOMC Member Hoenig Speaks @ 8:00 EST for USD.
  • #313,571
  • Oct 25, 2010 6:45pm Oct 25, 2010 6:45pm
i'm flat out right now, was a hell of a ride i am not keen on repeating it. i went short at asian start yesterday, layering 4 trades up to 4070. do not try this at home, because to me it's a clear sign that i still suck at some basics.
  • #313,572
  • Oct 25, 2010 6:45pm Oct 25, 2010 6:45pm
Inserted Video
  • #313,573
  • Oct 25, 2010 6:54pm Oct 25, 2010 6:54pm
usd : ware e complete

http://cdn.forexfactory.com/attachme...6&d=1288021640
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  • #313,574
  • Oct 25, 2010 6:55pm Oct 25, 2010 6:55pm
H1 is on its way to form a very nice pinbar. Entering long at the bar's high breakout could be an option.

Waiting for the bar to close.
Don't just be a sheep : make your own idea of it.
  • #313,575
  • Oct 25, 2010 6:57pm Oct 25, 2010 6:57pm
Quoting T@rantula
Well probably many of u dont use BPC pattern. Its a great tool to use especially on trend collapse when many traders make mistakes. Yesterday I was in a long position since Asia. I have closed a part of my trade at last swing high but I let other portion of a trade to run. I wasnt shorting as I dont play vs trend. The trend was BULLISH.

Then we got some good USD news and trend collapse has happened. Many traders who I know were decoyed by buying dips. That was not a good thing to do.

Watch the trendlines and FIBO's. I have marked a prototypical...
not to add anything to your trading as i can tell the power of it but trend line breakout needs to be from the start of the move so we dont have fake ones and the entry is the actual break point or the trend line itself so 1.3960 will come in play later on for a good short or trend line 1.3970. gl with it
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  • #313,576
  • Oct 25, 2010 6:57pm Oct 25, 2010 6:57pm
Quoting mercy seat
http://cdn.forexfactory.com/images/attach/png.gif

2010-10-26_00h55_ EURUSD _ 060min _ (all ind).PNG (27.1 KB)


But soon reversal to upside expected again ... exponential stoch 8-3-3 ... etc ...

Market rythm ... first down ... then upwards again ...

Parole Emil: 'buy on dips' at first again ...

;-)

http://cdn.forexfactory.com/images/attach/pdf.gif

2010-10-26_01h14_WSJ (10; 26) Monday's Markets - Dow Hits A Nearly Six-Month High.pdf (11.7 KB)
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File Type: pdf 2010-10-26_01h14_WSJ (10; 26) Monday's Markets - Dow Hits A Nearly Six-Month High.pdf   12 KB | 432 downloads
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #313,577
  • Oct 25, 2010 6:58pm Oct 25, 2010 6:58pm
reversal back above current H1 high would also take it back above 38.2% fr.
  • #313,578
  • Oct 25, 2010 7:02pm Oct 25, 2010 7:02pm
Quote
"Option-related bids are expected to appear in size below 1.3850 so I don’t think this is a market for selling breaks."

so, i guess, you know?
  • #313,579
  • Oct 25, 2010 7:03pm Oct 25, 2010 7:03pm
Quoting nawafasad1
not to add anything to your trading as i can tell the power of it but trend line breakout needs to be from the start of the move so we dont have fake ones and the entry is the actual break point or the trend line itself so 1.3960 will come in play later on for a good short or trend line 1.3970. gl with it
Look at the chart. It was a BPC pattern. First we got a trend collapse on a trendline. Then the price printed a red candle ( breakout) following with a green candel (pullback) and then started printing red candles(continuation). It is a sure sign of downfall as we had a MOMENTUM break down.

I have already closed it for 35 pips profit.

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  • #313,580
  • Oct 25, 2010 7:10pm Oct 25, 2010 7:10pm
Quoting T@rantula
Look at the chart. It was a BPC pattern. First we got a trend collapse on a trendline. Then the price printed a red candle ( breakout) following with a green candel (pullback) and then started printing red candles(continuation). It is a sure sign of downfall as we had a MOMENTUM break down.

I have already closed it for 35 pips profit.

Attachment
Excellent explanation! Chart worth $$$$!!
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