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EURUSD

  • #428,681
  • Apr 26, 2011 8:57am Apr 26, 2011 8:57am
Quoting hindustani
when a trader becomes experienced in trading forex, he believes all the new comers are below him hence the term "mofu"

and when this so called experienced trader wants to insult them, he calls them "muppets"
  • #428,682
  • Apr 26, 2011 8:57am Apr 26, 2011 8:57am
Quoting BrunargarFx
It has rather moved from precious to industrial because it does not oxyde that easily...

It's way undervalued atm if you compare it to Gold, so there is much bigger potential with it.
I started buying it when it was at $15 a troy ounce
The question is why the value has stayed so low while inventories have been reducing .
Some feel its been kept artificially low .

That the correction will happen fast before most people realise whats going on .

The public will likely be adviced to buy when the hysteria and media report it at $100 ,if your bank contacts you with a great investment opportunity to invest in silver ,then its a good time to start unloading .

When its so obvious then its obviously not.
making green pips large and red pips small this is my goal.
  • #428,683
  • Apr 26, 2011 8:59am Apr 26, 2011 8:59am
Quoting tonegawa
I know those meanings, but gators use them for level names, I think they mean something technical.
correct me if i'm wrong gator (wherever you are)

mofu is the 50% fib area. there is a range at the 50% where it is termed as "mofu" and price will always be a motherfucker around there.

or so it means in gatorspeek
  • #428,684
  • Apr 26, 2011 9:01am Apr 26, 2011 9:01am
Quoting tonegawa
I know those meanings, but gators use them for level names, I think they mean something technical.
noee
Hero calls followed by margin calls...
  • #428,685
  • Apr 26, 2011 9:03am Apr 26, 2011 9:03am
Americans are all online .
the last news is being released.

Let it digest then trade the direction lets all make some pips if it does go anywere .

We can get back to personal stuff in a couple hours lol .
making green pips large and red pips small this is my goal.
  • #428,686
  • Apr 26, 2011 9:03am Apr 26, 2011 9:03am
Hehe, indeed.

I have been telling all my friends and family to buy silver for quite a few years now - none have done anything about it... I'll bet they'll go for it when it'll go exponential...

Quoting paul1
The question is why the value has stayed so low while inventories have been reducing .
Some feel its been kept artificially low .

That the correction will happen fast before most people realise whats going on .

The public will likely be adviced to buy when the hysteria and media report it at $100 ,if your bank contacts you with a great investment opportunity to invest in silver ,then its a good time to start unloading .

When its so obvious then its obviously not.
  • #428,687
  • Apr 26, 2011 9:05am Apr 26, 2011 9:05am
Pull it back to $30 for me...I have a life savings to dump into it!

What's next for the Euro? Runddown to 1.433?

TT
  • #428,688
  • Apr 26, 2011 9:06am Apr 26, 2011 9:06am
Very odd to see consistent good news coming out for the dollar. Maybe it's time to start shifting gears? This down trend has been going on for about 3 years now...
  • #428,689
  • Apr 26, 2011 9:08am Apr 26, 2011 9:08am
Backfill the news...Ben and the Euros been too quiet...some level of increased hawkishness seems in the cards IMO...TT
  • #428,690
  • Apr 26, 2011 9:08am Apr 26, 2011 9:08am
mofu - middle of fibonacci _______ something, (I think), you'd have to ask gator...
  • #428,691
  • Apr 26, 2011 9:09am Apr 26, 2011 9:09am
If 4600 fails to hold, I'm shorting.

tp 4540
sl 4655
  • #428,692
  • Apr 26, 2011 9:09am Apr 26, 2011 9:09am
Quoting FibbinArchie
mofu - middle of fibonacci _______ something, (I think), you'd have to ask gator...
heh heh Archie. You would think, as much as this question is asked, one of us would have actually locked down the answer.
  • #428,693
  • Apr 26, 2011 9:11am Apr 26, 2011 9:11am
Quoting Venice
heh heh Archie. You would think, as much as this question is asked, one of us would have actually locked down the answer.
lol, well a google search just brings up this thread or the cuss definition...
  • #428,694
  • Apr 26, 2011 9:12am Apr 26, 2011 9:12am
Inserted Video
  • #428,695
  • Apr 26, 2011 9:14am Apr 26, 2011 9:14am
Personally i think its gonna be some deeper retrace this week, but we all know where the trend is going, but i guess just gutt feeling. Wherever it goes, hands on trigger when time come. Currently 600 level to break. Currently short @ 4637 and added 2 position few pips lower, all with zero risk now, and some profit taken. Targeting 1.4540. Lets what market has to say to mine opinion.

http://img807.imageshack.us/img807/6127/unled1b.png
  • #428,696
  • Apr 26, 2011 9:14am Apr 26, 2011 9:14am
Quoting FibbinArchie
mofu - middle of fibonacci _______ something, (I think), you'd have to ask gator...
If you delete the fib levels (38.2 , 61.8 etc ) on you Fib retracement tool and put there other less used yet simpler sequence you will get there.
  • #428,697
  • Apr 26, 2011 9:15am Apr 26, 2011 9:15am
Inserted Video
  • #428,698
  • Apr 26, 2011 9:16am Apr 26, 2011 9:16am
either long or short seems like a bad idea.
i am still bullish on this one though.
  • #428,699
  • Apr 26, 2011 9:16am Apr 26, 2011 9:16am
Second time today it moves less than spread towards my TP and pulls back. Oh well, there are those days as well
  • #428,700
  • Apr 26, 2011 9:17am Apr 26, 2011 9:17am
Quoting Barata
If you delete the fib levels (38.2 , 61.8 ) on you Fib retracement tool and put there other less used sequence you will get there.
cheers, I got em set as 44% & 56% works for me...
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