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AUD/USD

  • #47,581
  • Jun 21, 2012 1:03pm Jun 21, 2012 1:03pm
Quoting DaddyBear
Go Aussie Bulls!
It's starting bulls for me +20pips.
TRADE WHAT U SEE NOT WHAT U WANT TO SEE.
  • #47,582
  • Jun 21, 2012 1:27pm Jun 21, 2012 1:27pm
bears are in action again..after 2 weeks of bulls its tym for bears its going down till 0.9800
  • #47,583
  • Jun 21, 2012 1:41pm Jun 21, 2012 1:41pm
Quoting DaddyBear


ANNOUNCEMENT: (Again)

For those bulls still hiding in our hotel rooms, please run to the bus terminal at your earliest convenience. We have to make room for a lot of bears who are checking in now.

Manager, Hotel DaddyBear

The tide of bears is ebbing. A lot of bulls are lying on the ground. Guess they did not take the bus in time.
daddybearforex. com
  • #47,584
  • Jun 21, 2012 1:50pm Jun 21, 2012 1:50pm
Quoting DaddyBear
The tide of bears is ebbing. A lot of bulls are lying on the ground. Guess they did not take the bus in time.
Let's see how high this bounce can be. Throw a ball from 1.02240 to 1.00351. It shall bounce to somewhere Aussie feels comfortable as far as I know.
daddybearforex. com
  • #47,585
  • Jun 21, 2012 1:56pm Jun 21, 2012 1:56pm
If its going up it starts now or bull is dead
  • #47,586
  • Jun 21, 2012 1:59pm Jun 21, 2012 1:59pm
Quoting sidhujag
If its going up it starts now or bull is dead
DaddyBear once said:

"old bulls never die; they just fade away."
daddybearforex. com
  • #47,587
  • Jun 21, 2012 2:01pm Jun 21, 2012 2:01pm
I've already closed out all my trades pre-maturely. I was hoping for a nice bounce for re-entry but it appears this bear is trying to take the bulls out for good. I think we'll get a better look next week since there is only one trading day left for this week.

Quoting DaddyBear
Let's see how high this bounce can be. Throw a ball from 1.02240 to 1.00351. It shall bounce to somewhere Aussie feels comfortable as far as I know.
  • #47,588
  • Jun 21, 2012 2:05pm Jun 21, 2012 2:05pm
Quoting 4_x
... I think we'll get a better look next week since there is only one trading day left for this week.
I think it there will be the most right decision
  • #47,589
  • Jun 21, 2012 2:18pm Jun 21, 2012 2:18pm
Quoting 4_x
I've already closed out all my trades pre-maturely. I was hoping for a nice bounce for re-entry but it appears this bear is trying to take the bulls out for good. I think we'll get a better look next week since there is only one trading day left for this week.
Always trade with your own decision. Hindsight is always 20/20. The toughest part is seeing what is going to happen next beforehand.

Whether or not Aussie is going to bounce tomorrow, nobody knows. When a ball dropped from the top of a highrise building, it must bounce right away unless it is broken.

When the ball drops from the sky, a few people try to catch it. Most people run away. When the ball bounces to sky high, a lot of bulls try to grab it. This is what happens in Forex market everyday.
daddybearforex. com
  • #47,590
  • Jun 21, 2012 2:30pm Jun 21, 2012 2:30pm
Quoting DaddyBear
Always trade with your own decision. Hindsight is always 20/20. The toughest part is seeing what is going to happen next beforehand.

Whether or not Aussie is going to bounce tomorrow, nobody knows. When a ball dropped from the top of a highrise building, it must bounce right away unless it is broken.

When the ball drops from the sky, a few people try to catch it. Most people run away. When the ball bounces to sky high, a lot of bulls try to grab it. This is what happens in Forex market everyday.
Looks like the ball just touched down. Seems to me it was not broken.
daddybearforex. com
  • #47,591
  • Jun 21, 2012 2:34pm Jun 21, 2012 2:34pm
Quoting DaddyBear
Looks like the ball just touched down. Seems to me it was not broken.
Do you think that 1.030 is strong support and bull start now?
  • #47,592
  • Jun 21, 2012 2:39pm Jun 21, 2012 2:39pm
Quoting sidhujag
If its going up it starts now or bull is dead
Let's hope you're right, sir. Long at 1.00397, Target is 1.00897.

I'm also banking on a buy-off after Moody's tell us which banks suck. (no pun intended)
  • #47,593
  • Jun 21, 2012 2:39pm Jun 21, 2012 2:39pm
Quoting DaddyBear
Looks like the ball just touched down. Seems to me it was not broken.
Looks like the ball is bouncing beautifully according to the principles of physics.
daddybearforex. com
  • #47,594
  • Jun 21, 2012 2:43pm Jun 21, 2012 2:43pm
Quoting Pokrajac
Do you think that 1.030 is strong support and bull start now?
I don't rely on R/S completely because sometimes they are misleading. When Aussie wanted to stop dropping she stopped. That is the way it is.

One thing I noticed is that 1.0300 is within the previous Wave-2 zone.
daddybearforex. com
  • #47,595
  • Jun 21, 2012 2:49pm Jun 21, 2012 2:49pm
Quoting DaddyBear
I don't rely on R/S completely because sometimes they are misleading. When Aussie wanted to stop dropping she stopped. That is the way it is.

One thing I noticed is that 1.0300 is within the previous Wave-2 zone.
Thank you!
  • #47,596
  • Jun 21, 2012 3:06pm Jun 21, 2012 3:06pm
Quoting Pokrajac
Thank you!
You are welcome.
daddybearforex. com
  • #47,597
  • Jun 21, 2012 3:10pm Jun 21, 2012 3:10pm
I'm going for parity with my short, I feel that being this close it would be almost rude for it not to touch it... Shorted off yesterday's daily hammer at strong confluence, wasn't expecting it all to play out in a single day though!
Attached Image (click to enlarge)
Click to Enlarge Name: audusd1.gif Size: 18 KB
Anything can happen.
  • #47,598
  • Jun 21, 2012 3:19pm Jun 21, 2012 3:19pm
Bought at 1.030, with a 50 pip stop (as the psych level of paritty should help with this) and 50 pip target. if this works out the i will be shorting around the 1.100 area
  • #47,599
  • Jun 21, 2012 3:28pm Jun 21, 2012 3:28pm
Quoting ddinnov
I'm going for parity with my short, I feel that being this close it would be almost rude for it not to touch it... Shorted off yesterday's daily hammer at strong confluence, wasn't expecting it all to play out in a single day though!
Don't overreach. Overreaching == No Fear == Greed

I guess you understand http://www.forexfactory.com/nfs/cust...ar134349_2.gif.
daddybearforex. com
  • #47,600
  • Jun 21, 2012 3:31pm Jun 21, 2012 3:31pm
Quoting 1stECN
Reading the post above was fascinating!

Below is the reason why I CAN never be so stupid to reveal anything to the forum because the members are always never serious. I feel its better off if traders struggle more to be successful; and if they end up of having a margin call, good for us. For this, I will never connect an account here because it helps no one. I will just watch the so called experts post their charts to mislead or direct others (only if they are right)
And so my TARGET Did Hit haha Doubter you were/Somehow I feel like you didn't think my call was valid! In fact I got 50 more +. Now I'm waiting for next take.I'll give you credit however on your call to 200.
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