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  • #1,045,541
  • Dec 17, 2015 3:36pm Dec 17, 2015 3:36pm
Quoting TraderCapAym
Hi everyone... my time at this writing is 3:02am @GMT 8+ {quote} There is a possibility we could end up from now to the end of month with the highest price will be @1.08 and low is 1.05... so I've modified my pending order within that expectation range... we'll see how this goes on... {image}
your chart looks like spaghetti gone horribly wrong. Ugly!
  • #1,045,542
  • Dec 17, 2015 3:39pm Dec 17, 2015 3:39pm
Quoting gatorinla
{quote} norm was 0987.. in that short leg. the 0980 is the b/o point.. if you wait for the retrace to enter its not till 0987, (0795/0987) this single leg one is less trustworthy than a 2 leg one agreeing.. 0866 0841/39 next up
Hi Gator
I guess you mean 0887 (not 0987).

But what means here "0866 0841/39 next up" ? Are you talking about bullish leg agreeing with the bearish?
thanks
  • #1,045,543
  • Dec 17, 2015 3:42pm Dec 17, 2015 3:42pm
Quoting Rag2RichesFX
long crude, short UC believe me im not a moron, i know what type of market this is, and if you are shorting oil here, you are chasing from a momentum standpoint, it's bearish.. but from a valuation standpoint its certainly bullish.. i don't care how great the supply is. this is the phase of the market that suckers everyone in, then it violently reverses, just as EU did. if you wanted to be an oil bear, you should have been one at $100+ similarly, if you wanted to be a Euro bear, you should have been one at 1.35+ the meat of these trades are over.....
Oil is a political debacle i feel. Techs don't apply currently. But your chart shows a TL that already has 3 hits on it. Probability of a fourth is near 0.

Bank melli in iran got its swift activated today so oil is going to be a bit of an unpredictable one.
  • #1,045,544
  • Dec 17, 2015 4:01pm Dec 17, 2015 4:01pm
Damn i waited for 1.4 on UCad, guess the short is starting now...
It's always part of a bigger plan
  • #1,045,545
  • Dec 17, 2015 4:12pm Dec 17, 2015 4:12pm
Can you guys confirm these too:
1. double bottom at the 15 min chart to target 1.086xx
2. this will compliment a possible inverted H&S at the hourly chart to target a possible neckline of 1.087xx before pulling back to 0.083xx
3. hourly inverted H&S to target 0.098xx to 1.10xx
4. hourly inverted H&S will compliment a H&S on the daily chart that will eventually trigger a bear move towards 1.06xxx levels
  • #1,045,546
  • Dec 17, 2015 4:31pm Dec 17, 2015 4:31pm
Quoting makati
Can you guys confirm these too: 1. double bottom at the 15 min chart to target 1.086xx 2. this will compliment a possible inverted H&S at the hourly chart to target a possible neckline of 1.087xx before pulling back to 0.083xx 3. hourly inverted H&S to target 0.098xx to 1.10xx 4. hourly inverted H&S will compliment a H&S on the daily chart that will eventually trigger a bear move towards 1.06xxx levels
I can visualize it as a possible reality..... I am definitely seeing long from this point, and that correlates with your first step... Have to see how the rest plays out. might be an unusually busy Friday in U.S. today....

Nice thinking!
"Keep your eyes on the helpers" - Mr. Rogers
  • #1,045,547
  • Dec 17, 2015 4:58pm Dec 17, 2015 4:58pm
closed my shorts. time to buy now
  • #1,045,548
  • Dec 17, 2015 5:04pm Dec 17, 2015 5:04pm
Quoting Rockerzeus
{quote} On the other hand we are at this and last month mid as well. Let's bulls have any intentions around here. {image}
Quoting MissPips
{quote} This right here is why they call those little suckers mofus, and why I said this on Tuesday. http://www.forexfactory.com/showthre...54#post8431254 So I was just pointing out to anybody thinking of trying to jump on that daily uptrend on your chart now that a reversal day is due soon if the Euro acts according to pattern and this http://www.forexfactory.com/showthre...82#post8431082 Next stop: the mofu. {image}
Quoting Pharm0r
{quote} I glanced at it last night, was still a ways away from anywhere I'd be looking to trade it. Glancing at it now, sitting on pretty tough support after the double top. Maybe a chance to long with stop at 7159, tp at the latest swing high....if support goes we should see new weekly/monthly lows imo....which after hikes is the most likely scenario.....but I'd need a better place to short, probably a retest of broken support As far as mofu trading, I didn't have anything I was watching that sticks out.....daily has been just one big range, no...
Hi Guys, first thank you for all your contributions. I am a grateful benefactor.
...please can you send me a mofu indie if you have one? Many thanks!
Think 4D: History, Future, Now and Noise
  • #1,045,549
  • Dec 17, 2015 5:11pm Dec 17, 2015 5:11pm
Quoting Capex
{quote} {quote} {quote} Hi Guys, first thank you for all your contributions. I am a grateful benefactor. ...please can you send me a mofu indie if you have one? Many thanks!
gatorinla is the mofu indi
  • #1,045,550
  • Dec 17, 2015 5:39pm Dec 17, 2015 5:39pm
Quoting ill_be_back
{quote} Next pending SHORT {image}

Pending LONG Targeting a little below my sell limit
Attached Image
A good trader follows his rules, but great trader knows when to break them
  • #1,045,551
  • Dec 17, 2015 5:40pm Dec 17, 2015 5:40pm
Quoting Capex
{quote} {quote} {quote} Hi Guys, first thank you for all your contributions. I am a grateful benefactor. ...please can you send me a mofu indie if you have one? Many thanks!
Hi Capex
There is no mofu indi. Those lines are drawn by modified fib tool of mt4. If you understand or study the concept than you can modify your own fib tool by entering new levels up to 32 level in mt4 standard fib tool.

I am using mofu concept in some indicators which I coded for my personal use and those are not automated mofu indi. Those are some past TF High Low projections. And I am sorry but I don't share them publicly.
  • #1,045,552
  • Dec 17, 2015 5:44pm Dec 17, 2015 5:44pm
Quoting Pharm0r
{quote} gatorinla is the mofu indi
Thanks Pharm. I messaged Gator looking for a coded mofu but like a true originator, he prefers to draw his lines
I can do it manually but wondered if one of the amazing programmers here could me out
Think 4D: History, Future, Now and Noise
  • #1,045,553
  • Dec 17, 2015 5:47pm Dec 17, 2015 5:47pm
Quoting Rockerzeus
{quote} Hi Capex There is no mofu indi. Those lines are drawn by modified fib tool of mt4. If you understand or study the concept than you can modify your own fib tool by entering new levels up to 32 level in mt4 standard fib tool. I am using mofu concept in some indicators which I coded for my personal use and those are not automated mofu indi. Those are some past TF High Low projections. And I am sorry but I don't share them publicly.
Thank you very much for your response. I'll play around with the mt4 fib tool.
Think 4D: History, Future, Now and Noise
  • #1,045,554
  • Dec 17, 2015 5:49pm Dec 17, 2015 5:49pm
Quoting Capex
{quote} Thank you very much for your response. I'll play around with the mt4 fib tool.
Try this
(Search for Gator Mofu indi)

GatorMofu.ex4
A good trader follows his rules, but great trader knows when to break them
  • #1,045,555
  • Dec 17, 2015 5:50pm Dec 17, 2015 5:50pm
The pair has already tested 1.0800 level, break below it would turn to next support zone 1.0785/80.
  • #1,045,556
  • Dec 17, 2015 5:52pm Dec 17, 2015 5:52pm
Quoting ill_be_back
{quote} Pending LONG Targeting a little below my sell limit {image}
Triggered
Lets see what happens
A good trader follows his rules, but great trader knows when to break them
  • #1,045,557
  • Dec 17, 2015 5:53pm Dec 17, 2015 5:53pm
Quoting Capex
{quote} {quote} {quote} Hi Guys, first thank you for all your contributions. I am a grateful benefactor. ...please can you send me a mofu indie if you have one? Many thanks!
Here have mine modified FIB ratios. Open the template on EU chart then click FIB properties > Fibo Levels > click OK and it will be the default of your MT4 Fibo Retracement tool.

Attached Image
  • #1,045,558
  • Dec 17, 2015 6:00pm Dec 17, 2015 6:00pm
Quoting Ken A
{quote} Here have mine modified FIB ratios. Open the template on EU chart then click FIB properties > Fibo Levels > click OK and it will be the default of your MT4 Fibo Retracement tool. {image} {file}
Thank you very much!!!
Think 4D: History, Future, Now and Noise
  • #1,045,559
  • Dec 17, 2015 6:03pm Dec 17, 2015 6:03pm
Quoting ill_be_back
{quote} Try this (Search for Gator Mofu indi) GatorMofu.ex4
Thank you! I tried that but there seemed to be a popular one that didn't do jack (or maybe I didn't know how to make it work)...someone just messing around
Think 4D: History, Future, Now and Noise
  • #1,045,560
  • Dec 17, 2015 6:24pm Dec 17, 2015 6:24pm
Quoting makati
Can you guys confirm these too: 1. double bottom at the 15 min chart to target 1.086xx 2. this will compliment a possible inverted H&S at the hourly chart to target a possible neckline of 1.087xx before pulling back to 0.083xx 3. hourly inverted H&S to target 0.098xx to 1.10xx 4. hourly inverted H&S will compliment a H&S on the daily chart that will eventually trigger a bear move towards 1.06xxx levels
I've saw that too... If HNS end result is a bear move towards 1.06... then safest way to trade is to wait the pattern complete and break at 1.083 like you just point it...
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