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AUD/USD

  • #47,921
  • Jun 27, 2012 10:19am Jun 27, 2012 10:19am
aud sell @ 1.00783, SL 1.00933
  • #47,922
  • Jun 27, 2012 10:23am Jun 27, 2012 10:23am
Quoting DaddyBear
RB, You are a gentlemen. It was nice to have live chat with you. How is Indonesia? Very hot and humid now?
you too,

yes, hot & humid.
Indonesia is at horibble air polution level
  • #47,923
  • Jun 27, 2012 10:25am Jun 27, 2012 10:25am
Quoting redbox
sorry i'm not,
you are the one if you want to draw EW there
The bull gates are going to break sooner or later.
daddybearforex. com
  • #47,924
  • Jun 27, 2012 10:34am Jun 27, 2012 10:34am
Quoting redbox
you too,

yes, hot & humid.
Indonesia is at horibble air polution level
I believe the air pollution came from forest burning and volcano activities not from industries. Correct me, if I am wrong.
daddybearforex. com
  • #47,925
  • Jun 27, 2012 10:39am Jun 27, 2012 10:39am
Quoting jeremyyn
I remember waking up at 2 am to see this intervention and i saw the 1100 pips, i jumped for joy
to be in market at that time is your luck.
  • #47,926
  • Jun 27, 2012 10:57am Jun 27, 2012 10:57am
Quoting DaddyBear
The bull gates are going to break sooner or later.
this narrowing trading range will break sooner

i dont know who (bull/bear) will come as winner (don't really matter).
if it break to upside, i will follow,
if otherwise i pay the small cost.

good R:R, so its worth to take, whaever the outcome
Attached Image
  • #47,927
  • Jun 27, 2012 11:13am Jun 27, 2012 11:13am
Quoting DaddyBear
After the news release, the bull got very excited for no good reason. Then, after finding a slide going to nowhere, the bull jumped in to get a ride without knowing the supports are crumbling. Story developing........
While the bull is still riding the slide to celebrate the good US news, the bears have arrived at bull's gate at 1.007 HT. Story developing ..........
Attached Image
daddybearforex. com
  • #47,928
  • Jun 27, 2012 12:00pm Jun 27, 2012 12:00pm
I normally wouldn't even be watching the markets at this time of day, but this thing is about to break out of the triangle pattern. A sharp move down sometime in the next few hours is a strong possibility.
  • #47,929
  • Jun 27, 2012 12:10pm Jun 27, 2012 12:10pm
Quoting Hookem28
I normally wouldn't even be watching the markets at this time of day, but this thing is about to break out of the triangle pattern. A sharp move down sometime in the next few hours is a strong possibility.
Aussie is approaching the apex. The question is not if but when. Will that happen before 5pm? -IMHO-
daddybearforex. com
  • #47,930
  • Jun 27, 2012 2:14pm Jun 27, 2012 2:14pm
Thanks for the replies. All points have been taken on board and understood. I don't see this being a quick process but I'll get there. Thanks.

Quoting Silencer
compare it to your job....how long did you take to learn how to become good at it? if you learnt it really fast...compare it to some other job you havnt done....if you learn everything really fast...well then you should be rich in no time :-)
  • #47,931
  • Jun 27, 2012 4:46pm Jun 27, 2012 4:46pm
Quoting DaddyBear
Aussie is approaching the apex. The question is not if but when. Will that happen before 5pm? -IMHO-
Looks like the bulls are running out of gas.
daddybearforex. com
  • #47,932
  • Jun 27, 2012 5:21pm Jun 27, 2012 5:21pm
Quoting DaddyBear
While the bull is still riding the slide to celebrate the good US news, the bears have arrived at bull's gate at 1.007 HT. Story developing ..........

You are good DaddyBear, I certainly like your drawings!, especially the shield and helmet at the entrance as remains of the bull-bears battle, keep 'em coming!
  • #47,933
  • Jun 27, 2012 5:34pm Jun 27, 2012 5:34pm
Any news on the last 20 min rally?
  • #47,934
  • Jun 27, 2012 5:37pm Jun 27, 2012 5:37pm
This is my 4 hourly opinion for the pair:

Since the beginning of the most recent trend, price has tested the trendline on two occasions (marked in blue arrows) after it was set by the two points needed to define it (green arrows), resistance point at 1.0076 has been a barrier since the 22 of this month, a decisive close on the last candle shown below above that level could mean price my be headed to the 1.0200 level as the next support.

http://2.bp.blogspot.com/-E02j2bvRSX...06-27+-+01.gif

Trend for this time frame is technically up defined by the EMAs (50, 100 and 200), although daily is showing a downtrend overall it doesn't mean price couldn't test the 200 days EMA on the long term retracement shown there.
  • #47,935
  • Jun 27, 2012 5:42pm Jun 27, 2012 5:42pm
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.

Nice Trade Redbox! I watched the debate between you and Daddy Bear this afternoon when you posted this and he went on his Elliott Wave rant. You won that round!
  • #47,936
  • Jun 27, 2012 6:36pm Jun 27, 2012 6:36pm
Quoting Intrepid32
Nice Trade Redbox! I watched the debate between you and Daddy Bear this afternoon when you posted this and he went on his Elliott Wave rant. You won that round!
Intrepid, I made a wrong judgement because I still have to learn more about EW principle. There is nothing wrong with EW principle. I still don't believe the game of probability.

I followed the trend to trade. The difference between me and Redbox is that he believed there was some room to go and I didn't. The pop was only 30 to 40 pips. In the end, Aussie has to come down. There is no big deal.

As to you, you did not have the courage or knowledge to debate with others before the fact. The only thing you are good at is to attack people, who made wrong judgements, with your 20/20 hindsight.

I made wrong judgement and I acknowledge it. I learn from my mistakes. You learn how to attack people and never know how to treat people properly.
daddybearforex. com
  • #47,937
  • Jun 27, 2012 6:44pm Jun 27, 2012 6:44pm
Quoting DaddyBear
Intrepid, I made a wrong judgement because I still have to learn more about EW principle. There is nothing wrong with EW principle. I still don't believe the game of probability.

I followed the trend to trade. The difference between me and Redbox is that he believed there was some room to go and I didn't. The pop was only 30 to 40 pips. In the end, Aussie has to come down. There is no big deal.

As to you, you did not have the courage or knowledge to debate with others before the fact. The only thing you are good at is to attack people, who made...
Not attacking you Daddy Bear, just giving Redbox his props on a good trade.
  • #47,938
  • Jun 27, 2012 7:16pm Jun 27, 2012 7:16pm
Quoting Intrepid32
Nice Trade Redbox! I watched the debate between you and Daddy Bear this afternoon when you posted this and he went on his Elliott Wave rant. You won that round!
as i said before, the outcome is not important.

for me, the chance is important (R:R).
technically, price will break up or down (50:50)
even if i put sell position, i will not regret being loss here, just go on,
also if i right, thats not mean i'm good, price move not because of me.
i will take tons of trades later, i don't need to down because of 1 trade.
  • #47,939
  • Jun 27, 2012 7:25pm Jun 27, 2012 7:25pm
Quoting DaddyBear
I still don't believe the game of probability.
just curious, do you using SL?
  • #47,940
  • Jun 27, 2012 7:31pm Jun 27, 2012 7:31pm
Quoting redbox
just curious, do you using SL?
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