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Aussie Pairs

  • #1,341
  • Nov 8, 2007 2:15pm Nov 8, 2007 2:15pm
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting Big Wave Rider
My system is I give some money to the dealer, he spins the wheel and I throw the ball in yelling all on black while drinking cocktails surrounded by beautiful women Like this system.

Back to reailty in front of my computer I'm yelling short. Sorry the computer say's no
So your's is a place the trade and screem indicator then
  • #1,342
  • Nov 8, 2007 2:16pm Nov 8, 2007 2:16pm
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting DutchTrader
LOL no I'm not, I prefer the Asian/London session, the US Session sucks balls the Dow is screwy
hopefully when the dow is out of play we might see some proper movement.
  • #1,343
  • Nov 8, 2007 2:17pm Nov 8, 2007 2:17pm
Quoting MPP
hopefully when the dow is out of play we might see some proper movement.
Yeah because the Bull trend is intact for everyone except US Equity holders and Americans.
Patience + Humility + Study = Success
  • #1,344
  • Nov 8, 2007 2:19pm Nov 8, 2007 2:19pm
That ball looks like it's going to land in red
Just Trade It
  • #1,345
  • Nov 8, 2007 2:21pm Nov 8, 2007 2:21pm
[quote=Big Wave Rider;1706455]My system is I give some money to the dealer, he spins the wheel and I throw the ball in yelling all on black while drinking cocktails surrounded by beautiful women

Doesn't everyone do this.....It is #8 in my "Rules of Trading "
If we aren't supposed to eat animals..... why are they made out of meat??
  • #1,346
  • Nov 8, 2007 2:21pm Nov 8, 2007 2:21pm
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting Big Wave Rider
That ball looks like it's going to land in red
short from where, what's your target?
  • #1,347
  • Nov 8, 2007 2:23pm Nov 8, 2007 2:23pm
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting Big Wave Rider
That ball looks like it's going to land in red

obviously you forgot to throw the magnetic to black ball only in then.
  • #1,348
  • Nov 8, 2007 2:23pm Nov 8, 2007 2:23pm
Quoting Big Wave Rider
That ball looks like it's going to land in red


Dammit it landed in red.



ALL ON RED
Just Trade It
  • #1,349
  • Nov 8, 2007 2:23pm Nov 8, 2007 2:23pm
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
[quote=AndrewM;1706475]
Quoting Big Wave Rider
My system is I give some money to the dealer, he spins the wheel and I throw the ball in yelling all on black while drinking cocktails surrounded by beautiful women

Doesn't everyone do this.....It is #8 in my "Rules of Trading "
i went to the wrong school, didn't teach me anything about rules.
  • #1,350
  • Nov 8, 2007 2:25pm Nov 8, 2007 2:25pm
Well there we are a 100 pips off the lows
Patience + Humility + Study = Success
  • #1,351
  • Nov 8, 2007 2:28pm Nov 8, 2007 2:28pm
Be careful if shorting - Dow might end up closing higher against all odds.
  • #1,352
  • Nov 8, 2007 2:29pm Nov 8, 2007 2:29pm
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting DutchTrader
Well there we are a 100 pips off the lows
4h 5sma retracement, my signals are still short at this time, but turning rapidly.
  • #1,353
  • Nov 8, 2007 2:37pm Nov 8, 2007 2:37pm
Quoting MPP
4h 5sma retracement, my signals are still short at this time, but turning rapidly.

Welcome to range trading, at least thats the way it looks on the 1hr chart
Just Trade It
  • #1,354
  • Nov 8, 2007 2:42pm Nov 8, 2007 2:42pm
short lived short. Follow the DOW. Should of known,
  • #1,355
  • Nov 8, 2007 2:52pm Nov 8, 2007 2:52pm
Quoting Subdude
Be careful if shorting - Dow might end up closing higher against all odds.
\
Yes wall st up 200 in the last hour
If we aren't supposed to eat animals..... why are they made out of meat??
  • #1,356
  • Nov 8, 2007 2:54pm Nov 8, 2007 2:54pm
maybe know why?
  • #1,357
  • Nov 8, 2007 2:57pm Nov 8, 2007 2:57pm
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting Big Wave Rider
Welcome to range trading, at least thats the way it looks on the 1hr chart
how do you figure out the range and then trade it, to me i see 105 and then down again.
  • #1,358
  • Nov 8, 2007 6:14pm Nov 8, 2007 6:14pm
Quoting MPP
never traded the AN before, so just pulled up the chart, looks to me like it's on a major correction from a downward trend, at first glance. when you have time could you give us a broader picture of the pair, might be worth adding to the list.
Hey MPP, I will, from now on, post anything with a solid candlestick pattern. MPP, if your not already trading using candlesticks, I would suggest you start. These formations that come about basically tell you what everyone thinks of the market at any particular time. When used with things such as trendlines, support and resistance, Fibs, and even your own system they become the backbone of your trading.

I'll be back to post my thoughts on this pair, if I end up having any for the day. The truth is I am not a crystal baller type, and normally just stick to short term price movement to define a good trade. I'll be back in a bit to post.
I dream, therefore I become.
  • #1,359
  • Nov 8, 2007 6:27pm Nov 8, 2007 6:27pm
Also, MPP. if you want you could post in my journal anytime with any thoughts, questions, or suggestions. This is because I am a fairly forgetful person and I guarantee I will post there, but sometimes would forget to post here as well. On the daily charts of the Aud/Nzd, it looks like we have a spinning top, and at the moment it looks as if there could be a solid possibility that it will break to the upside. Based on my analysis of other timeframe charts, I think we will see a rise in price almost immediately again to the 1.1970 area. WOW! As I was posting this it jumped up to 1.1962. damnnnnn

Too bad it flew right back down before I could make my market order...lol Looking at the dailies, I would not trade based on them because a spinning top only shows indecision. Instead I will be looking the the 4 hour and 1 hour charts with this pair.
I dream, therefore I become.
  • #1,360
  • Nov 9, 2007 3:42am Nov 9, 2007 3:42am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting mike w
Also, MPP. if you want you could post in my journal anytime with any thoughts, questions, or suggestions.
Too bad it flew right back down before I could make my market order...lol Looking at the dailies, I would not trade based on them because a spinning top only shows indecision. Instead I will be looking the the 4 hour and 1 hour charts with this pair.
Hi Mike
I will read through your threads, you have a few, when time allows.

Currenetly my charts are still short Au and AJ but not very strong. hopefully today will see the bottom and we get get back on the train going north.
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