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  • #806,941
  • Jun 11, 2013 8:33am Jun 11, 2013 8:33am
Short 55 tp+30
  • #806,942
  • Jun 11, 2013 8:34am Jun 11, 2013 8:34am
Quoting daemon_delux
tsujigiri, no disrespect, but divergences aren't exactly precise. You might wanna check out more about hidden divergences on higher timeframes. check that sh*t out. Also, I haven't been posting because of the muppets that keep on clogging up this thread. Let's all expose out balls, dear traders. Maybe it'll be more crystal clear. Back to trading, showed enough of my balls until now.
Hi daemon_delux, none taken. I have read about hidden divergence on a few sites. That's part of what I look at. As well as supply and demand zones, support and resistance levels (both of which are slightly different but related), pivot points and a few other things. So I think I just set off a set of "jeeze, another trade every divergence guy" responses. I primarily use the MACD divergence to find my own kind of mofu (momentum failure, since no one seems to want to confirm whether or not it's fib midpoints between standard points or just fib 50%) as a guide when the price is sitting at a decision point like hitting a previous supply/demand zone or for when a trend might be retracing, ending a retrace or failing altogether. So thanks for the concern, but I've got more in toolkit than just that. (Also, sorry for the delay, family pizza dinner).
A journey of a thousand miles begins with a single step. Lao-tzu
  • #806,943
  • Jun 11, 2013 8:38am Jun 11, 2013 8:38am
@ zheming27 The pair did it again today.
  • #806,944
  • Jun 11, 2013 8:40am Jun 11, 2013 8:40am
Going more uuuuuuup
  • #806,945
  • Jun 11, 2013 8:40am Jun 11, 2013 8:40am
Quoting tsujigiri
{quote} Hi daemon_delux, none taken. I have read about hidden divergence on a few sites. That's part of what I look at. As well as supply and demand zones, support and resistance levels (both of which are slightly different but related), pivot points and a few other things. So I think I just set off a set of "jeeze, another trade every divergence guy" responses. I primarily use the MACD divergence to find my own kind of mofu (momentum failure, since no one seems to want to confirm whether or not it's fib midpoints between standard points or just...
MOFU = Momentum of failure
  • #806,946
  • Jun 11, 2013 8:42am Jun 11, 2013 8:42am
Quoting tankokjian
{quote} Mr Hatch , can you show me what u mean by this statement ?? ' I have 3049.1, followed by 2920.8 as soon as we get a LL."
You really insist on not using your brain, hm?

Outta here.
  • #806,947
  • Jun 11, 2013 8:43am Jun 11, 2013 8:43am
Quoting vankola
Going more uuuuuuup
Looks like the bulls tanked like a flash and race ahead.
  • #806,948
  • Jun 11, 2013 8:43am Jun 11, 2013 8:43am
Quoting Mr Hatch
{quote} Everything you need is in the post. Use it, don't trade, what you don't understand.
??? so short EU to 1.3049 .....
  • #806,949
  • Jun 11, 2013 8:44am Jun 11, 2013 8:44am
Hello Guys!

There is one more corrective wave to be finished here before Euro will sink and if the area of 1.3310 will be broken the next level is on 1.3345 as 61% Fibo will be in play.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd_m30_vsa.gif Size: 33 KB



Hope You like it!


Thanks,
Flynch
For more Elliott Wave analys visit my blog page please.
  • #806,950
  • Jun 11, 2013 8:44am Jun 11, 2013 8:44am
Quoting Gokunopal
{quote} MOFU = Momentum of failure
At work we also use MOFU = momentary f@ck up, like when you copy the wrong file onto a production system then swap it back quickly.
A journey of a thousand miles begins with a single step. Lao-tzu
  • #806,951
  • Edited 9:12am Jun 11, 2013 8:48am | Edited 9:12am
Quoting Mr Hatch
{quote} And what, if you're gone? What, if you get hit by a truck? addendum: Why did you go broke twice in the course of two weeks? A weekly ritual?
There is one other who has seen* the biggest part of this, I need to pass on the rest before something happens to me. Gan blew out 40 times before he became the legend. I'm at about 32 so I still have a chance to beat him on that score also. I had a very serious DR.'s appointment last Wednesday, couldn't sleep Tuesday night, stayed up all night Wednesday. Got a feeling something was wrong, didn't see what was right in front of me. Stayed up through Thursday blew out for not seeing the right path. When I'm over tired I get in trouble.
Founder of Sutherland Wave Principle
  • #806,952
  • Jun 11, 2013 8:48am Jun 11, 2013 8:48am
Decision time. Break the low or get toast
You cannot learn better without losing
  • #806,953
  • Jun 11, 2013 8:49am Jun 11, 2013 8:49am
Quoting gatorinla
{quote} nope..usdx gives about 55 pips.. that's a little over 110 eu from high

the math above is wrong. its about 79 usdx pips. and 158+ eu pips. and as dominoes fall it opens more. in the blue box reward was greatest. we did get to 3296. so that would have doubled reward. if the original 3142 plays out.. and u would be above the chop.. and if it didn't play out, u would have lost a single trade, with many chances to tp and b.e.

on the bulls side is, they went to (normal) 3236 in retrace w/o a -3230 close. but they didn't make a hh, yet.. they point to 3420 ...

hh or -3230 closed is a clue.. usdx about to tap 82.37 atm... the norm area before bounce higher, 82.19 it s st target w/o a break in 81.08
those who can, do. those who cant, talk about those who can
  • #806,954
  • Jun 11, 2013 8:49am Jun 11, 2013 8:49am
Quoting tsujigiri
{quote} At work we also use MOFU = momentary f@ck up, like when you copy the wrong file onto a production system then swap it back quickly.
Got it, I know what you mean. I have seen many people at this trend trying to find out abouth MOFU meaning.
  • #806,955
  • Jun 11, 2013 8:51am Jun 11, 2013 8:51am
Quoting tankokjian
{quote} momentum on the AUD is still very soft.
Yes Boss you are right , its just scalping. stop is now BE, but i 'll not close it manually. if s/o then its ok. after all it a micro so risk free trade.
  • #806,956
  • Jun 11, 2013 8:59am Jun 11, 2013 8:59am
Quoting gatorinla
{quote} the math above is wrong. its about 79 usdx pips. and 158+ eu pips. and as dominoes fall it opens more. in the blue box reward was greatest. we did get to 3296. so that would have doubled reward. if the original 3142 plays out.. and u would be above the chop.. and if it didn't play out, u would have lost a single trade, with many chances to tp and b.e. on the bulls side is, they went to (normal) 3236 in retrace w/o a -3230 close. but they didn't make a hh, yet.. they point to 3420 ... hh or -3230 closed is a clue.. usdx about to tap 82.37...
add... the rejection thus far near the high had a open above the red box and a close below on both the 1h and 4 h. In the middle of London and not breaking the high.

2 min till close.. it looks like bears and bulls got what they wanted (+45).. bulls now want a 71 close now... bears above 3245
those who can, do. those who cant, talk about those who can
  • #806,957
  • Jun 11, 2013 8:59am Jun 11, 2013 8:59am
Quoting gatorinla
{quote} the math above is wrong. its about 79 usdx pips. and 158+ eu pips. and as dominoes fall it opens more. in the blue box reward was greatest. we did get to 3296. so that would have doubled reward. if the original 3142 plays out.. and u would be above the chop.. and if it didn't play out, u would have lost a single trade, with many chances to tp and b.e. on the bulls side is, they went to (normal) 3236 in retrace w/o a -3230 close. but they didn't make a hh, yet.. they point to 3420 ... hh or -3230 closed is a clue.. usdx about to tap 82.37...
Yep...Still have the 3350 and 3409 levels.....ST may want 3286....watching...
  • #806,958
  • Jun 11, 2013 9:00am Jun 11, 2013 9:00am
Crap! Who will tell sellers not to oversell.......
You cannot learn better without losing
  • #806,959
  • Jun 11, 2013 9:01am Jun 11, 2013 9:01am
Quoting Gokunopal
{quote} Got it, I know what you mean. I have seen many people at this trend trying to find out abouth MOFU meaning.
I gather it's a fib thing. I'm fairly sure about that. I don't really use fib much myself so if it is it's not a big deal for me. I have a guess that if it's not just the 50% fib level, it's the midpoints between fib levels and the norms are regular fib levels. So something like:

38.2% - norm
44.1% - mofu
50.0% - norm
55.9% - mofu
61.8% - norm

But the trick with fibs is to know what levels to measure from and I've not done enough of that to make any confident use of fibs in my trading. But the levels that gatorinla and others come up with are always interesting to examine and usually match up with something else, so it doesn't matter much what it means. But I've read it so much my brain wants to make a definition for it as I don't like using things I don't know.
A journey of a thousand miles begins with a single step. Lao-tzu
  • #806,960
  • Jun 11, 2013 9:07am Jun 11, 2013 9:07am
Quoting gatorinla
{quote} add... the rejection thus far near the high had a open above the red box and a close below on both the 1h and 4 h. In the middle of London and not breaking the high. 2 min till close.. it looks like bears and bulls got what they wanted (+45).. bulls now want a 71 close now... bears above 3245
bulls tried to close real # 3270.6... but only got 3270.4... probably a failed cross (most times rejected). bears need 3230.0 next close 1 h or 3 h
those who can, do. those who cant, talk about those who can
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