also keep eye Kiwi and Aussie 12.30 in 10 min until 12 45 may give good clue to eu after 12 45 you on your own
Happy pip hunting
Many pips to you too Kiwi
- #554,121
- Oct 25, 2011 4:26pm Oct 25, 2011 4:26pm
- | Joined Oct 2011 | Status: Trader | 1,010 Posts
Many pips to you too Kiwi
- #554,122
- Oct 25, 2011 4:27pm Oct 25, 2011 4:27pm
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
- #554,123
- Oct 25, 2011 4:44pm Oct 25, 2011 4:44pm
- | Joined Oct 2011 | Status: Trader | 1,010 Posts
Nite all, got my usdyen positions in with trailing stop, need some rest b4 London. TC. 
- #554,124
- Oct 25, 2011 4:53pm Oct 25, 2011 4:53pm
- | Joined Jul 2011 | Status: Jesus is the way. | 1,450 Posts
Hi mates, why is the factory so empty? workers on strike? cos I can't belive just 8 members viewing the EURUSD thread. Has everyone been whipsawed off their equities or everyone traveled to the summit???
Don't just beat the markets, leave bruises.
- #554,125
- Oct 25, 2011 5:00pm Oct 25, 2011 5:00pm
- Joined Aug 2009 | Status: Trader | 12,448 Posts
Many pips to you too Kiwi
be careful
If you are new to Forex? Say Goodbye to your account!!
- #554,126
- Oct 25, 2011 5:02pm Oct 25, 2011 5:02pm
- Joined Jan 2011 | Status: Ordinary Members | 10,684 Posts
Same you bro, hope you got hint
Mohan
- #554,127
- Oct 25, 2011 5:28pm Oct 25, 2011 5:28pm
- Joined Aug 2009 | Status: Trader | 12,448 Posts
cpi in 30 mins
If you are new to Forex? Say Goodbye to your account!!
- #554,129
- Oct 25, 2011 5:46pm Oct 25, 2011 5:46pm
- Joined Aug 2009 | Status: Trader | 12,448 Posts
yes 4min should be wiorth a few pips
pb targets 42 AU 27 Kiwi both achieved, runners 50 and counting, au 0360 is mofu nice start to day If you are new to Forex? Say Goodbye to your account!!
- #554,130
- Oct 25, 2011 5:49pm Oct 25, 2011 5:49pm
- Joined Jan 2011 | Status: Ordinary Members | 10,684 Posts
Nice
Mohan
- #554,131
- Oct 25, 2011 5:56pm Oct 25, 2011 5:56pm
- Joined Aug 2009 | Status: Trader | 12,448 Posts
my target on au 300 pip (i might change to 1000 pip later ), but 0.05 lot testing my long term strategy
Now to next trade cable geppy is getting ripe, nice tight sl's, etc eu also, normally leave market alone asia, today is different, some nice level
s are being respected
If you are new to Forex? Say Goodbye to your account!!
- #554,132
- Oct 25, 2011 5:58pm Oct 25, 2011 5:58pm
Nice
- #554,133
- Oct 25, 2011 6:01pm Oct 25, 2011 6:01pm
I could've sworn I'd seen an explanation of this before but now I can't seem to find it. What is "mofu" kiwi? I imagine it's a support/resistance level of some sort (seeing as how I have it on my chart as just that) but what makes it a mofu?
- #554,134
- Oct 25, 2011 6:08pm Oct 25, 2011 6:08pm
- Joined Jan 2011 | Status: Ordinary Members | 10,684 Posts
Mohan
- #554,135
- Oct 25, 2011 6:13pm Oct 25, 2011 6:13pm
- | Joined Aug 2009 | Status: Membership Revokеd | 4,396 Posts
You cannot learn better without losing
- #554,136
- Oct 25, 2011 6:33pm Oct 25, 2011 6:33pm
- Joined Aug 2009 | Status: Trader | 12,448 Posts
I could've sworn I'd seen an explanation of this before but now I can't seem to find it. What is "mofu" kiwi? I imagine it's a support/resistance level of some sort (seeing as how I have it on my chart as just that) but what makes it a mofu?
Remember bro, nothing gauranteed in forex, just have to get the highest probability before enter, plan you trade and trade your plan, forget flip flop, will send you crazy like most traders
gota go aussie is knocking on mofu
If you are new to Forex? Say Goodbye to your account!!
- #554,137
- Oct 25, 2011 6:43pm Oct 25, 2011 6:43pm
Trader gator, started term years ago, can have many componants, best example is monthly S&R add Weekly add Daily etc etc, when levels converge or over lap say 1hr chart, they are levels where strong reactions have occured before, much stronger than say 1hr S&R on its own, higher tf are always overule lower tf,s when these levels also concur with whatever else you have, is very high probability, not exact levels, but rather zones, allow for slippage, stop hunt etc etc, very nice for pending orders, big players use them all the time, sometimes months...
I've been watching that level myself since the latest spike down to it. Good luck with your trades
- #554,138
- Oct 25, 2011 6:59pm Oct 25, 2011 6:59pm
- Joined Aug 2009 | Status: Trader | 12,448 Posts
Thanks a lot for the comprehensive response. I figured it had something to do with that after looking at my charts, but knowledge never hurts. Especially when it comes from traders as good as you kiwi.
I've been watching that level myself since the latest spike down to it. Good luck with your trades
There is part 2
Not all mofu the same, lower tf mofu wont work on larger tf, however vice versa will
Key to use mofu is pending order, because many times pa is in freefall or skyrocket, you need be sure your mofu is mofu then, cause is very difficult to pull trigger,
So help nerves you need back up, prefer another mofu close, or phyc level, tl,s the more the better
Give sl protection
Some mofu are seller and some buyer, you need code each one, bear mofu 1/0 is resist many times and vice versa bull mofu 0/1, resist become support need code bear 1/2 vice versa 2/1
Man all this stuff make you crazy bro, just find gator borrow his, they very good
If you are new to Forex? Say Goodbye to your account!!
- #554,139
- Oct 25, 2011 7:11pm Oct 25, 2011 7:11pm
No worry bro
There is part 2
Not all mofu the same, lower tf mofu wont work on larger tf, however vice versa will
Key to use mofu is pending order, because many times pa is in freefall or skyrocket, you need be sure your mofu is mofu then, cause is very difficult to pull trigger,
So help nerves you need back up, prefer another mofu close, or phyc level, tl,s the more the better
Give sl protection
Some mofu are seller and some buyer, you need code each one, bear mofu 1/0 is resist many times and vice versa bull mofu 0/1, resist...