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AUD/USD

  • #47,901
  • Jun 27, 2012 10:15am Jun 27, 2012 10:15am
Daddybear, keep them coming, you have some nice drawing skills
  • #47,902
  • Jun 27, 2012 10:25am Jun 27, 2012 10:25am
Bulls are getting tired. H1 SMA 20 holds AUDUSD well. Pending limit sell on 1.0094 and another short after it closes under SMA20.Good morning BEARS!!!
"Study the past if you would define the future." Confucius
  • #47,903
  • Jun 27, 2012 10:28am Jun 27, 2012 10:28am
i buy again...
i;m not bullish, but i think if this resistance break, we can go to near 1.0100
while if failed, i loss only 10pips.
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  • #47,904
  • Jun 27, 2012 10:29am Jun 27, 2012 10:29am
Quoting Paulenok
Daddybear, keep them coming, you have some nice drawing skills
Thanks. I like to have fun during trading hours. Before Human invented writing systems, drawings were the main communication tools. I am a person of the prehistory generation.
daddybearforex. com
  • #47,905
  • Jun 27, 2012 10:35am Jun 27, 2012 10:35am
Quoting redbox
i buy again...
i;m not bullish, but i think if this resistance break, we can go to near 1.0100
while if failed, i loss only 10pips.
?
Attached Image (click to enlarge)
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daddybearforex. com
  • #47,906
  • Jun 27, 2012 10:51am Jun 27, 2012 10:51am
Quoting DaddyBear
?
don't worry Elliot Wave, this is probability game...
  • #47,907
  • Jun 27, 2012 11:01am Jun 27, 2012 11:01am
Quoting redbox
don't worry Elliot Wave, this is probability game...
No, Papa does not worry about this. The Forex hierarchy places EW principle at the top and the probability game at the bottom. -IMHO-
daddybearforex. com
  • #47,908
  • Jun 27, 2012 11:03am Jun 27, 2012 11:03am
Quoting DaddyBear
No, Papa does not worry about this. The Forex hierarchy places EW principle on the top and the probability game at the bottom. -IMHO-
BTW, the probability game is always placed at the top of every casino.
daddybearforex. com
  • #47,909
  • Jun 27, 2012 11:21am Jun 27, 2012 11:21am
Quoting DaddyBear
BTW, the probability game is always placed at the top of every casino.
life itself is a probability game
  • #47,910
  • Jun 27, 2012 11:26am Jun 27, 2012 11:26am
Quoting redbox
life itself is a probability game
Wow, life is Papa's favorite topic. Let's begin from the time when I was born long time ago........
daddybearforex. com
  • #47,911
  • Jun 27, 2012 11:28am Jun 27, 2012 11:28am
Quoting redbox
i buy again...
i;m not bullish, but i think if this resistance break, we can go to near 1.0100
while if failed, i loss only 10pips.
That's funny, I'm actually looking at it the other way around. My stop loss is just above 1.01. If it hits the stop, I lose 30 pips. However if it doesn't, I'm looking for a retest of 1.00. And also, I see this is as a bearish flag as opposed to a bullish triangle. It's all in the eyes of the beholder...Good luck.
  • #47,912
  • Jun 27, 2012 11:31am Jun 27, 2012 11:31am
Quoting BergenGlobal
That's funny, I'm actually looking at it the other way around. My stop loss is just above 1.01. If it hits the stop, I lose 30 pips. However if it doesn't, I'm looking for a retest of 1.00. And also, I see this is as a bearish flag as opposed to a bullish triangle. It's all in the eyes of the beholder...Good luck.
Hi BG,

You are invited to enjoy the free honey.
-DB-
daddybearforex. com
  • #47,913
  • Jun 27, 2012 11:40am Jun 27, 2012 11:40am
Quoting redbox
life itself is a probability game
RB,

The bears are at the bull camp's gates. Believe it or not, Forex is not a game of the probability but a game of the mind.
daddybearforex. com
  • #47,914
  • Jun 27, 2012 11:41am Jun 27, 2012 11:41am
Quoting DaddyBear
No, Papa does not worry about this. The Forex hierarchy places EW principle at the top and the probability game at the bottom. -IMHO-
EW ONLY have diagonal move, uptrend and downtrend.

market can have really vertical moves & really horizontal moves.
EURCHF for example, have flat for months now, where is EW validity here?

conclusion,
EW too is a subject of probability
it can be valid some time, but not valid at other time.
Attached Image
  • #47,915
  • Jun 27, 2012 11:50am Jun 27, 2012 11:50am
Quoting redbox
EW ONLY have diagonal move, uptrend and downtrend.

market can have really vertical moves & really horizontal moves.
EURCHF for example, have flat for months now, where is EW validity here?

conclusion,
EW too is a subject of probability
it can be valid some time, but not valid at other time.
RB, do you need reading glasses?
Attached Image
daddybearforex. com
  • #47,916
  • Jun 27, 2012 11:54am Jun 27, 2012 11:54am
Quoting BergenGlobal
That's funny, I'm actually looking at it the other way around. My stop loss is just above 1.01. If it hits the stop, I lose 30 pips. However if it doesn't, I'm looking for a retest of 1.00. And also, I see this is as a bearish flag as opposed to a bullish triangle. It's all in the eyes of the beholder...Good luck.
when i want to buy, there must be a seller available too. vice versa.
its not funny for me , its how the market really work.
  • #47,917
  • Jun 27, 2012 11:58am Jun 27, 2012 11:58am
Quoting DaddyBear
RB,

The bears are at the bull camp's gates. Believe it or not, Forex is not a game of the probability but a game of the mind.
yes, mind to choose which is best probability.
  • #47,918
  • Jun 27, 2012 12:01pm Jun 27, 2012 12:01pm
Quoting DaddyBear
RB, do you need reading glasses?
sorry i'm not,
you are the one if you want to draw EW there
  • #47,919
  • Jun 27, 2012 12:08pm Jun 27, 2012 12:08pm
Quoting redbox
sorry i'm not,
you are the one if you want to draw EW there
RB, You are a gentlemen. It was nice to have live chat with you. How is Indonesia? Very hot and humid now?
daddybearforex. com
  • #47,920
  • Jun 27, 2012 12:11pm Jun 27, 2012 12:11pm
Quoting redbox
EW ONLY have diagonal move, uptrend and downtrend.

market can have really vertical moves & really horizontal moves.
EURCHF for example, have flat for months now, where is EW validity here?

conclusion,
EW too is a subject of probability
it can be valid some time, but not valid at other time.
I remember waking up at 2 am to see this intervention and i saw the 1100 pips, i jumped for joy
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