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  • Post #46,161
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  • Jun 4, 2012 6:06pm Jun 4, 2012 6:06pm
  •  Silencer
  • | Joined May 2012 | Status: Member | 303 Posts
sells shouldt even be thought of hasnt even hit my line..
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  • Post #46,162
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  • Jun 4, 2012 6:10pm Jun 4, 2012 6:10pm
  •  Silencer
  • | Joined May 2012 | Status: Member | 303 Posts
15m...
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  • Post #46,163
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  • Jun 4, 2012 6:31pm Jun 4, 2012 6:31pm
  •  DaddyBear
  • | Membership Revoked | Joined Jan 2011 | 31,935 Posts
Quoting deanoracer
Disliked
AUDUSD @ 9647ish...

Either way I count this, my EW training says we have at least one more push down before up... comments welcome...

Happy Monday!
Ignored

Here is my version of EW count. At this point, it looks like a bearish flag. Please provide your insight.
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daddybearforex. com
 
 
  • Post #46,164
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  • Jun 4, 2012 6:47pm Jun 4, 2012 6:47pm
  •  SteeP7
  • | Joined Apr 2012 | Status: Member | 289 Posts
Quoting DaddyBear
Disliked
Here is my version of EW count. At this point, it looks like a bearish flag. Please provide your insight.
Ignored
lol only you can understand your chart
 
 
  • Post #46,165
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  • Jun 4, 2012 6:57pm Jun 4, 2012 6:57pm
  •  4_x
  • | Joined Apr 2011 | Status: Member | 112 Posts
To me H1 and H2 appears to be a fairly strong bull attempting to break 9740 then heading to 9760 but I'm not betting against the larger trend on H4 and daily.

Quoting DaddyBear
Disliked
Here is my version of EW count. At this point, it looks like a bearish flag. Please provide your insight.
Ignored
 
 
  • Post #46,166
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  • Jun 4, 2012 6:58pm Jun 4, 2012 6:58pm
  •  Daytrader74
  • | Joined Nov 2009 | Status: FUDGE | 2,229 Posts
Quoting DaddyBear
Disliked
Here is my version of EW count. At this point, it looks like a bearish flag. Please provide your insight.
Ignored
Bearish flag my a%$ this thing just keeps going up!
 
 
  • Post #46,167
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  • Jun 4, 2012 7:23pm Jun 4, 2012 7:23pm
  •  neuron
  • | Joined Mar 2011 | Status: firing synapses catching pips | 856 Posts
AIG index released 10 min early
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  • Post #46,168
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  • Jun 4, 2012 7:36pm Jun 4, 2012 7:36pm
  •  Silencer
  • | Joined May 2012 | Status: Member | 303 Posts
Quoting neuron
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AIG index released 10 min early
Ignored
did u get the worm?
 
 
  • Post #46,169
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  • Jun 4, 2012 7:46pm Jun 4, 2012 7:46pm
  •  helendm
  • | Joined May 2012 | Status: Member | 58 Posts
Double bottom at 1h and ignoring supply zone, going long
 
 
  • Post #46,170
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  • Jun 4, 2012 7:48pm Jun 4, 2012 7:48pm
  •  neuron
  • | Joined Mar 2011 | Status: firing synapses catching pips | 856 Posts
Quoting Silencer
Disliked
did u get the worm?
Ignored
I've been sitting on some long aud positions so it definitely helped but nothing to do with being an early bird lol
 
 
  • Post #46,171
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  • Jun 4, 2012 8:00pm Jun 4, 2012 8:00pm
  •  whackdiddy
  • | Joined Nov 2011 | Status: Member | 891 Posts
There is much speculation about a .25 or even leaving interest rates where they are so no cut. This is a bit of a shock when even yesterday morning there was a 75% chance of a 0.5 cut. I am thinking we might get a bit of a bull run going as it will say to the world that we (AUD) are not running too badly in current climate.

BTW, quick tip... some people are running their metatrader platforms thin. With very few indicators as this stops lag (slow network broker response) when scalping. Another thing to heavily reduce your network consumption through metatrader is to turn off the news.

Tools Options and de select [Enable news].

Of course if you use the news feed on metatrader do not do this.
A genius is born every minute, me I am lucky if my socks match.
 
 
  • Post #46,172
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  • Jun 4, 2012 8:08pm Jun 4, 2012 8:08pm
  •  neuron
  • | Joined Mar 2011 | Status: firing synapses catching pips | 856 Posts
Quoting whackdiddy
Disliked
There is much speculation about a .25 or even leaving interest rates where they are so no cut. This is a bit of a shock when even yesterday morning there was a 75% chance of a 0.5 cut. I am thinking we might get a bit of a bull run going as it will say to the world that we (AUD) are not running too badly in current climate.

BTW, quick tip... some people are running their metatrader platforms thin. With very few indicators as this stops lag (slow network broker response) when scalping. Another thing to heavily reduce your network consumption through...
Ignored
thanks for the tip

ive grown to hate execution speeds on MT4 and usually do all orders through the web platform my broker uses

anything that makes MT4 snappier is appreciated
 
 
  • Post #46,173
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  • Jun 4, 2012 8:25pm Jun 4, 2012 8:25pm
  •  DaddyBear
  • | Membership Revoked | Joined Jan 2011 | 31,935 Posts
Quoting 4_x
Disliked
To me H1 and H2 appears to be a fairly strong bull attempting to break 9740 then heading to 9760 but I'm not betting against the larger trend on H4 and daily.
Ignored
0.9763 could be this session's daily high regardless of what decision RBA is going to make.
daddybearforex. com
 
 
  • Post #46,174
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  • Jun 4, 2012 8:34pm Jun 4, 2012 8:34pm
  •  4_x
  • | Joined Apr 2011 | Status: Member | 112 Posts
Quoting DaddyBear
Disliked
0.9763 could be this session's daily high regardless of what decision RBA is going to make.
Ignored
I hope you're right buddy, I'm looking to sell.
 
 
  • Post #46,175
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  • Jun 4, 2012 8:36pm Jun 4, 2012 8:36pm
  •  fx-rocket
  • Joined Sep 2011 | Status: In the zone | 452 Posts
Shorted @ 9753, Sl 9803, Tp 9400
Expect the unexpected.
 
 
  • Post #46,176
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  • Jun 4, 2012 8:47pm Jun 4, 2012 8:47pm
  •  irfandbl
  • | Joined May 2012 | Status: Ball reader | 1,034 Posts
this pair MIGHT go up to 0.9800 careful on your shorts guys
 
 
  • Post #46,177
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  • Jun 4, 2012 8:57pm Jun 4, 2012 8:57pm
  •  helendm
  • | Joined May 2012 | Status: Member | 58 Posts
Quoting irfandbl
Disliked
this pair MIGHT go up to 0.9800 careful on your shorts guys
Ignored
Why? How it can go up to 0.98 with rate cuts?
 
 
  • Post #46,178
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  • Jun 4, 2012 8:59pm Jun 4, 2012 8:59pm
  •  irfandbl
  • | Joined May 2012 | Status: Ball reader | 1,034 Posts
Quoting helendm
Disliked
Why? How it can go up to 0.98 with rate cuts?
Ignored
just my tech analysis, I kinda hope that I'm wrong
 
 
  • Post #46,179
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  • Jun 4, 2012 9:00pm Jun 4, 2012 9:00pm
  •  helendm
  • | Joined May 2012 | Status: Member | 58 Posts
Quoting irfandbl
Disliked
just my tech analysis, I kinda hope that I'm wrong
Ignored
Yea, but this is a forum, not a guru session. If you tell something you need to explain
 
 
  • Post #46,180
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  • Jun 4, 2012 9:01pm Jun 4, 2012 9:01pm
  •  neuron
  • | Joined Mar 2011 | Status: firing synapses catching pips | 856 Posts
Quoting helendm
Disliked
Why? How it can go up to 0.98 with rate cuts?
Ignored
i'm thinking rate cuts are expected (priced in) and may result in bullish trend if RBA chooses to hold cuts or keep em as forecasted

a greater cut than expected could result in large sell off


but since this is forex, it could do the complete opposite lol

i've been trying to wrap my head around everything but honestly the best thing to do is use proper MM and watch the charts
 
 
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