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  • #803,941
  • Jun 2, 2013 10:27am Jun 2, 2013 10:27am
Quoting Pharm0r
The problem with the mofu, is that you add a 50% to the fib...then you notice another 50% of that one...and the further down you go in tf you notice more I think I added like 12 mofu's this weekend. I'll give it to you though, it's right damn near to the pip. Very nicely done sir. It was cool reading through your posts and seeing you narrow down your technique. It was like reading a story

i had to figure out a way to trade b/o... a place to exit then re-enter. the "most times approach " has solved most other trading problems.( it opens the door to all trading styles.) if one could throw away the indis and the news. use a little candle knowledge and study pa.. he will be a better trader. then if he will stuck with the physiological part of mm and r/r he will be rich... if he was a golfer its like taken 10 strokes off. those starting off with a 100 over par, it may not help. you have to be able to walk the greens and have a basic knowledge of problem solving. those who can not, send the trust fund to someone who can.
those who can, do. those who cant, talk about those who can
  • #803,942
  • Jun 2, 2013 10:35am Jun 2, 2013 10:35am
will we open below sissy's # today.. time will tell
those who can, do. those who cant, talk about those who can
  • #803,943
  • Jun 2, 2013 10:44am Jun 2, 2013 10:44am
Quoting gatorinla
{quote} add only a hh will void Fridays target 2873 or 2820. the db at 2795 2820 is just a support now and not a db. so even if we do turn bearish, there is always a good chance of getting in at 289x... on the support area bounce, from 2820+ . below 2820 should void 3098, but not norm at 3097 (just 2663 can do that) a bounce after 2873 but above 2920 may provided a higher entry then 289x
These are the numbers that my 'geritol drinking' computer is spitting out off the hourly (not my normal data feed):

> source('norm.R')
[1] "bullz"
[1] 1.3080 1.3111 1.3114 1.3179 1.3201
[1] "bearz"
[1] 1.2731 1.2825 1.2827 1.2828 1.2859


They aren't in a sequence just sorted. Any of them familiar to you? I seem to remember seeing the 3097 on the M5.
  • #803,944
  • Jun 2, 2013 10:47am Jun 2, 2013 10:47am
@ Gator, I've been learning your approach/method lately. I've a question: What excact % do you use for calculating mofus (I mean +/- from mid)
  • #803,945
  • Jun 2, 2013 10:47am Jun 2, 2013 10:47am
Quoting gatorinla
{quote} i had to figure out a way to trade b/o... a place to exit then re-enter. the "most times approach " has solved most other trading problems.( it opens the door to all trading styles.) if one could throw away the indis and the news. use a little candle knowledge and study pa.. he will be a better trader. then if he will stuck with the physiological part of mm and r/r he will be rich... if he was a golfer its like taken 10 strokes off. those starting off with a 100 over par, it may not help. you have to be able to walk the greens and have...
Yeah, I remember my first year of trading. Indicators and coping other people's styles. Lost me $2,000 in about 3 months. I'm glad though, because I'm a hands on type of guy. I would have had to lose that 2k to see that is the wrong way of doing things. Thank God I didn't make 500k doing that then lose it all! If anything I learned money management the hard way.

Now its just levels and candles (and possibly the HiLo- still studying that). Like I've said before, my charts are very clean and very simple. Most times approach works. Why? Obviously because you just have to be right most times to make money! haha

For example- most times you get a clean break through a mofu on the H1, it's a direct line up to the next mofu. Whats funny, is I had support/resistance lines on about 85% of your mofu lines....I just never noticed they were 50%!
  • #803,946
  • Jun 2, 2013 12:56pm Jun 2, 2013 12:56pm
Sorry for the dumb question, but what the heck is a mofus????
  • #803,947
  • Jun 2, 2013 12:57pm Jun 2, 2013 12:57pm
Also I got a buy at 1.3046 does anyone think the price will get back up there...
  • #803,948
  • Jun 2, 2013 1:00pm Jun 2, 2013 1:00pm
Quoting DrNoStopLoss
Also I got a buy at 1.46 does anyone think the price will get back up there...
mofu = mother fucker.

Your holding buy position for -1600pips?!? Wow ....
  • #803,949
  • Jun 2, 2013 1:16pm Jun 2, 2013 1:16pm
I dont even wanna answer this fool.
  • #803,950
  • Jun 2, 2013 1:21pm Jun 2, 2013 1:21pm
Quoting flam
{quote} I believe EFF with challenge the US Govt if they tried to shut down bitcoin entirely.. All they can do is to pressure banks into not supporting bitcoin.. All this negative publicity will only result in more awareness and more adoption by users. Banks and federal reserves will not like bitcoin because it is impossible to devalue bitcoin simply by just printing more because it is mathematically limited at 21 million bitcoins. In addition it is a pure market currency outside control of any govt. The value of the currency is purely based on...
yup u have a point in the end real demand will dictate adoption. Real demand is everyday jor blows who work and pay bills. If banks cant compete they will be obsolete just like any other business. In short term they will pass illegal laws totry to kill it but the power of the pol should win as they will vote in a govt electre who vows to let bitcoin idea take off...

Tthats how its supposed to work if ppl still dot get their way theres usually a revolt
  • #803,951
  • Jun 2, 2013 1:26pm Jun 2, 2013 1:26pm
Just two cent opinion of mine, to me i still see major trend still shows downtrend, although there is a potential inverse head and shoulder to be form in weekly chart. This shall be In a continue look-out for me. As we see so far, the ECB has just cut their rate to historical low and next week I don't expect them to be cutting once again. However, it would be important to note.... click on my analysis for more

Of course, please feel free to comment on my analysis at http://alternateforexiew.wordpress.c...dates-week-23/
I welcome them

p.s. i seldom check up on forum thread as it is update too fast. so i would really appreciate if there's comment for me. Cheers
Attached File(s)
File Type: pdf EURUSD 2JUNE.pdf   334 KB | 328 downloads
Knowledge is powerful tool that we can ever have.
  • #803,952
  • Jun 2, 2013 2:01pm Jun 2, 2013 2:01pm
Quoting OfWolfAndMan
@ Gator, I've been learning your approach/method lately. I've a question: What excact % do you use for calculating mofus (I mean +/- from mid)

many, its not that i dont want to tell you. u will appreciate it more if u tell yourself... they are there. just do some math. what anyone post here can be figured out with enough post. anyone serious about trading will work for it. getting to that will open other things. i dont see everything, i want someone to see what i dont and enlighten me.
those who can, do. those who cant, talk about those who can
  • #803,953
  • Jun 2, 2013 2:04pm Jun 2, 2013 2:04pm
Quoting zaphy
{quote} These are the numbers that my 'geritol drinking' computer is spitting out off the hourly (not my normal data feed): > source('norm.R') [1] "bullz" [1] 1.3080 1.3111 1.3114 1.3179 1.3201 [1] "bearz" [1] 1.2731 1.2825 1.2827 1.2828 1.2859 They aren't in a sequence just sorted. Any of them familiar to you? I seem to remember seeing the 3097 on the M5.

if indicators are working for u. then this can take it to the next level with better entry, or better exit. keeping one out the bad ones.
those who can, do. those who cant, talk about those who can
  • #803,954
  • Jun 2, 2013 2:07pm Jun 2, 2013 2:07pm
anyone have a current price.
those who can, do. those who cant, talk about those who can
  • #803,955
  • Edited 2:18pm Jun 2, 2013 2:13pm | Edited 2:18pm
Quoting gatorinla
anyone have a current price.

Try these, gator:

http://www.bloomberg.com/quote/EURUSD:CUR

http://forex.tradingcharts.com/chart...%20Dollar.html
  • #803,956
  • Jun 2, 2013 2:13pm Jun 2, 2013 2:13pm
Quoting gatorinla
anyone have a current price.

1.2990
  • #803,957
  • Jun 2, 2013 2:16pm Jun 2, 2013 2:16pm
Quoting gatorinla
anyone have a current price.

try here:

http://www.fxstreet.com/rates-charts/currency-rates/
The market can stay irrational longer than you can stay solvent!!!
  • #803,958
  • Jun 2, 2013 2:18pm Jun 2, 2013 2:18pm
Quoting gatorinla
anyone have a current price.
i didnt see what was Sissy's # though missed it
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FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #803,959
  • Jun 2, 2013 2:34pm Jun 2, 2013 2:34pm
Quoting sidhujag
{quote} yup u have a point in the end real demand will dictate adoption. Real demand is everyday jor blows who work and pay bills. If banks cant compete they will be obsolete just like any other business. In short term they will pass illegal laws totry to kill it but the power of the pol should win as they will vote in a govt electre who vows to let bitcoin idea take off... Tthats how its supposed to work if ppl still dot get their way theres usually a revolt
So what? You think Americans will revolt if banks kill bitcoin? Riiiiiight.

The banks will kill bitcoin. You cant buy a house, or gas, or land with bitcoin. It wont survive.

Dont get me wrong, I'd love for bitcoin to take off, and I'd LOVE for a revolt. It's just not gonna happen. Sorry pal.
  • #803,960
  • Jun 2, 2013 3:20pm Jun 2, 2013 3:20pm
Quoting adrian1v2000
{quote} try here: http://www.fxstreet.com/rates-charts/currency-rates/
That's good one for Sunday or Weekend streaming FX quotes or rates.
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