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EURUSD

  • #444,141
  • May 18, 2011 8:42am May 18, 2011 8:42am
PTL/ anyone,


Bull flags and sitting in support. Continuation of bull trend right?


Thanks in advance if anyone can give me a pointer.

AU
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  • #444,142
  • May 18, 2011 8:42am May 18, 2011 8:42am
Quoting gordonfx
hourly Diamond Top
could bounce little or alot we'll see
not
  • #444,143
  • May 18, 2011 8:43am May 18, 2011 8:43am
Quoting PayTheLimit
will be looking to short on a close below the mofu..
Little backwards on what to do here myself. Would like to see at least a little bit of consolidation first. lol

PA has been a little bumpity rough this morning on the lower charts. May take a cheeky long on the aud hourly here soon dependent on close.
  • #444,144
  • May 18, 2011 8:43am May 18, 2011 8:43am
Quoting aizazk
Hey gang

Went short, now contemplating if I should be short..drew this line on H1.



EDIT: close of this candle should help decide better.
you may have been a bit premature. between 4220 & 4200 is what is know as the MOFU area. personally i am on the side until it breaks out of this box.

no shake - no break - no trade

Cheers
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  • #444,145
  • May 18, 2011 8:43am May 18, 2011 8:43am
Buy EUR/USD at anywhere in between 4190-4210 for a target of 4350
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  • #444,146
  • May 18, 2011 8:44am May 18, 2011 8:44am
Quoting gatorinla
#7 mofus are cool.
that is a nuisance... whenever I think the mid rejected... oh noes...
  • #444,147
  • May 18, 2011 8:45am May 18, 2011 8:45am
I prefer this setting atm ...

H-1 chart ... MACD with higher acceleration ... 5,8,9 setting ...

Parabolic SAR applied on both ... prices and MACD ...

Two types of SAR ... high and standart ... 0.11; 0.1 and 0.02; 0.2 ...

Nice for estimation of turnarounds ...



;-|
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Click to Enlarge Name: 2011-05-18 _ (15h32 CET) EUR-USD _ 060min _ 000 candle 233-500-30.GIF Size: 69 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #444,148
  • May 18, 2011 8:46am May 18, 2011 8:46am
looking to add the drops between 4223 and 35..
those who can, do. those who cant, talk about those who can
  • #444,149
  • May 18, 2011 8:47am May 18, 2011 8:47am
Nice reversal Morning star forming in 1 hour, still 13min to close however.
  • #444,150
  • May 18, 2011 8:47am May 18, 2011 8:47am
Quoting RamsesII
diamond reversal pattern has to see price create the diamond, not just some trendlines around it
works for me 90% of the time

thanks I'll just keep using what works
  • #444,151
  • May 18, 2011 8:47am May 18, 2011 8:47am
Quoting Kambooj
Buy EUR/USD at anywhere in between 4190-4210 for a target of 4350
i am in
looking for investors . pm me
  • #444,152
  • May 18, 2011 8:48am May 18, 2011 8:48am
Quoting Mr Hatch
that is a nuisance... whenever I think the mid rejected... oh noes...
hello Mr Hatch ... nice to see your posting today!
  • #444,153
  • May 18, 2011 8:48am May 18, 2011 8:48am
Quoting Kambooj
Buy EUR/USD at anywhere in between 4190-4210 for a target of 4350
Well done ... beautiful chart pictures ...

Ohne Firlefanz ...

2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #444,154
  • May 18, 2011 8:49am May 18, 2011 8:49am
Quoting PayTheLimit
will be looking to short on a close below the mofu..
Oh
  • #444,155
  • May 18, 2011 8:51am May 18, 2011 8:51am
Quoting AllyB
you may have been a bit premature. between 4220 & 4200 is what is know as the MOFU area. personally i am on the side until it breaks out of this box.

no shake - no break - no trade

Cheers
Yeye

well I'm flat for now. Going to wait for this H1 close and the move that follows to see if it reverses (then go long).
Trends, breakouts, price action.
  • #444,156
  • May 18, 2011 8:53am May 18, 2011 8:53am
Quoting Mr Hatch
that is a nuisance... whenever I think the mid rejected... oh noes...
23 was one..for 51.2
those who can, do. those who cant, talk about those who can
  • #444,157
  • May 18, 2011 8:53am May 18, 2011 8:53am
guys can u pls tell me how to find the mofu area..

according to me the definition of mofu is 50%..but can some 1 pls explain some more or give me thread detail so i can read that article..

gatorinla sir if u have some time then just give me article link

Thanks in Advance..
  • #444,158
  • May 18, 2011 8:55am May 18, 2011 8:55am
Quoting AcidH4X
guys can u pls tell me how to find the mofu area..

according to me the definition of mofu is 50%..but can some 1 pls explain some more or give me thread detail so i can read that article..

gatorinla sir if u have some time then just give me article link

Thanks in Advance..
I thought it was something to do with the 45% and gann or something like that aha
  • #444,159
  • May 18, 2011 8:56am May 18, 2011 8:56am
Quoting PayTheLimit
will be looking to short on a close below the mofu..
Hey

Could You tell me what are these mofus ? And how do you play using them ? Do you have any indicator for this ?

Thanks in advance
  • #444,160
  • May 18, 2011 8:56am May 18, 2011 8:56am
Quoting Kambooj
Buy EUR/USD at anywhere in between 4190-4210 for a target of 4350

nice chart, and I agree and also in!!!
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