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AUD/USD

  • #46,821
  • Jun 11, 2012 11:07am Jun 11, 2012 11:07am
Quoting chazzle
SCALP
Aussie was rolling over the cliff.
daddybearforex. com
  • #46,822
  • Jun 11, 2012 11:07am Jun 11, 2012 11:07am
Quoting chazzle
STOPPED
Don't scalp at this time.... if you scalp. scalp down...
  • #46,823
  • Jun 11, 2012 11:08am Jun 11, 2012 11:08am
Quoting DaddyBear
Aussie was rolling over the cliff.
haha it's going down comparatively slow... paced... it's more like walking down the hill. I wish it was falling down the cliff!
  • #46,824
  • Jun 11, 2012 11:11am Jun 11, 2012 11:11am
that was quite the beatdown, I wonder if the 61.8% is going to hold any support


DXY may be breaking out of it range to the upside dragging AUD down more
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  • #46,825
  • Jun 11, 2012 11:12am Jun 11, 2012 11:12am
Quoting DaddyBear
Why?
thought i saw something , a little demand coming in - to be honest , should have let it be proven by a printed candle
  • #46,826
  • Jun 11, 2012 11:13am Jun 11, 2012 11:13am
Quoting arcticpolar
haha it's going down comparatively slow... paced... it's more like walking down the hill. I wish it was falling down the cliff!
I am in the elevator but feel Aussie prefers to go down the hill at this point. When the elevator reaches ground floor, another party will begin.
daddybearforex. com
  • #46,827
  • Jun 11, 2012 11:22am Jun 11, 2012 11:22am
No elevator!!! when the elevator reaches ground floor it goes back up...! that's not good... but I can't really expect it to fly straight to 0.90000? can I? haha
  • #46,828
  • Jun 11, 2012 11:22am Jun 11, 2012 11:22am
-- lets see PA here -
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  • #46,829
  • Jun 11, 2012 11:23am Jun 11, 2012 11:23am
seems like this fallen angel is trying climb back up despite closed below 61.8.
  • #46,830
  • Jun 11, 2012 11:26am Jun 11, 2012 11:26am
Quoting arcticpolar
No elevator!!! when the elevator reaches ground floor it goes back up...! that's not good... but I can't really expect it to fly straight to 0.90000? can I? haha
Don't forget there is a basement level. Also, elevator may stay there for a while. Just remember to take right elevator with the blue color if you wish to join the party at the penthouse later. No ticket is required.
daddybearforex. com
  • #46,831
  • Jun 11, 2012 11:42am Jun 11, 2012 11:42am
Quoting DaddyBear
Don't forget there is a basement level. Also, elevator may stay there for a while. Just remember to take right elevator with the blue color if you wish to join the party at the penthouse later. No ticket is required.
Damn it, you guys speak in words I can't quite get. You guys see a long signal... blue?!?! crap... fine... I'll take the damn elevator back up with once 30-40 pips is done. Such a small hill is this for the Aussie to fall off of... stupid elevator... -___- So I guess we're going to test that 1.0000 level again... o_O
  • #46,832
  • Jun 11, 2012 11:51am Jun 11, 2012 11:51am
Quoting arcticpolar
Damn it, you guys speak in words I can't quite get. You guys see a long signal... blue?!?! crap... fine... I'll take the damn elevator back up with once 30-40 pips is done. Such a small hill is this for the Aussie to fall off of... stupid elevator... -___- So I guess we're going to test that 1.0000 level again... o_O
Be patient. The market move is a mystery in and of itself. If you cannot comprehend what I posted, how can you find your holy grail?
daddybearforex. com
  • #46,833
  • Jun 11, 2012 11:53am Jun 11, 2012 11:53am
I'm a noob... not a pro... HELP DaddyBear!!! alright... I'll just interpret your words as the elevator is going to go up soon. I did see a divergence. Are you sure It can't just shooot straight down?!!?

I'm long now. o_O gotta go to sleep soon. I hope that hill is a small one.

I'm horrible at setting my tp... =( with all the Spain stuff and Italy stuff. I hope I didn't take the wrong trade...
  • #46,834
  • Jun 11, 2012 11:59am Jun 11, 2012 11:59am
if you're unsure you should just sit on the sidelines and wait until you get a clear signal

it's always tricky trying to pick the bottom
  • #46,835
  • Jun 11, 2012 12:03pm Jun 11, 2012 12:03pm
Quoting neuron
if you're unsure you should just sit on the sidelines and wait until you get a clear signal
I'm really a noob... need to learn a lot. I never know when it is a clear signal. 1m charts, 5m charts and the 1hr chart, 4h chart 1 day chart tell me different things.

well i'm in long... hopefully this will go back up to cover that gap that was suppose to extend pass 1.0000. damn fundamentals.

spent the whole day thinking it'll never reach back to this 0.98 level but it does.... o_O if it's going to go down... there's not much news coming out so I'm betting on that in a way.

definitely hard to find the bottom that reverse the trend, but if I do... I hit the jackpot. If i don't... suffer multiple losses.

going to sleep now. See you guys tomorrow. Hopefully DaddyBear was trying to tell me this and did what I did. It's at least feel better someone else is going on this long with me. If I misinterpreted it. damn me.
  • #46,836
  • Jun 11, 2012 12:09pm Jun 11, 2012 12:09pm
Quoting arcticpolar
I'm a noob... not a pro... HELP DaddyBear!!! alright... I'll just interpret your words as the elevator is going to go up soon. I did see a divergence. Are you sure It can't just shooot straight down?!!?

I'm long now. o_O gotta go to sleep soon. I hope that hill is a small one.

I'm horrible at setting my tp... =( with all the Spain stuff and Italy stuff. I hope I didn't take the wrong trade...

No, young man, I did not say the elevator is going up soon. The elevator is not reaching the ground floor yet from what I see.

Trade with your own decisions not other people's views. My writing is my way to release the stress caused by trading. Nothing more and nothing less.
daddybearforex. com
  • #46,837
  • Jun 11, 2012 12:15pm Jun 11, 2012 12:15pm
Quoting DaddyBear
No, young man, I did not say the elevator is going up soon. The elevator is not reaching the ground floor yet from what I see.

Trade with your own decisions not other people's views. My writing is my way to release the stress caused by trading. No thing more and no thing less.
Haha... then I can only hope the ground floor is not too far from my place of entry. nah it's alright to listen and also follow my own decisions or decide to follow others. I can't be right all the time and you might see sometime I'm not noticing. so why not... loss and gain is still on my own, because I placed the trade. whether it's your idea or mine. in the end it's my responsibility. but you definitely saved me... I was going to hold on when the gap was being covered... but it's good I exited and entered short. gained 27 pips thanks to you DB or else right now I'll be -27 pips instead. at least now I can sleep more soundly. Good Night Man and good trading!

but one thing I'm sure. you are a better trader than I am. I still haven't got a good strategy that works for me yet.
  • #46,838
  • Jun 11, 2012 12:24pm Jun 11, 2012 12:24pm
Quoting arcticpolar
I'm a noob... not a pro... HELP DaddyBear!!! alright... I'll just interpret your words as the elevator is going to go up soon. I did see a divergence. Are you sure It can't just shooot straight down?!!?

I'm long now. o_O gotta go to sleep soon. I hope that hill is a small one.

I'm horrible at setting my tp... =( with all the Spain stuff and Italy stuff. I hope I didn't take the wrong trade...
arcticpolar, do you have any idea what you are doing ?
Twitter: @forexpokerpro
  • #46,839
  • Jun 11, 2012 12:38pm Jun 11, 2012 12:38pm
Quoting BBPI_fxtrader
arcticpolar, do you have any idea what you are doing ?
I play NL200 texas holdem, and you?
  • #46,840
  • Jun 11, 2012 12:38pm Jun 11, 2012 12:38pm
Quoting arcticpolar
Haha... then I can only hope the ground floor is not too far from my place of entry. nah it's alright to listen and also follow my own decisions or decide to follow others. I can't be right all the time and you might see sometime I'm not noticing. so why not... loss and gain is still on my own, because I placed the trade. whether it's your idea or mine. in the end it's my responsibility. but you definitely saved me... I was going to hold on when the gap was being covered... but it's good I exited and entered short. gained 27 pips thanks to you...
all u need to do is practice and study an study an practice and stare at the charts for aaaaaages, go insominia on it, you should get a feel for it sooner or later.... it gets alot easier once get that study an chart time in....if your not confident in your trading an your trading with real money, i suggest you stop right now before you blow your account an practice your trades on a demo...alot of new people who come in always get excited at how much money can be possibly made an think its real easy, but youll see soon enough if thats your attitude towards forex...be smart an wise with your money, learn the value of a pip, focus on the green, not how much of it you make..
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