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AUD/USD

  • #49,721
  • Edited 7:13am Jul 13, 2012 6:50am | Edited 7:13am
PA has been following this trend line for the past several hours, rejecting it as a bottom until the last 30 minutes where it has been rejecting it as a top.

I'm short at 1.0172

Just has to get past the 125 sma which seems to be fairly influential on the 5 min chart.
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  • #49,722
  • Jul 13, 2012 6:53am Jul 13, 2012 6:53am
Quoting bguguen
Hey dip shit, all i said was XAUUSD and AUDUSD are correlated... .
I'm back
Sure they are , No doubt about this
I'm already load my positions between 1.0315 - 1.0225 that's my sell zone

1.0220 my Last sell limit order could see spike to it but small tf suggest it
Gold 1586 my top Hit
Now let's watch what London will do before US open
  • #49,723
  • Jul 13, 2012 6:53am Jul 13, 2012 6:53am
Quoting Mr.MaginCole
I fail to understand some guys. A bear or a bull is not wrong at any given time. Maybe someone wants to hold his position for 3 weeks and another person who wants to hold it for only 3 hours will think he is crazy. People just have different targets in this forex market.

Best way is to say what your bias is, back it up with charts and give justifications. If you make money fine....if you lose fine.

So true, only have to look at the first post on EURUSD thread to see what the price was in 2004. If that guy had a 10 year price target, he might be about to make some money
Not on the rug!
  • #49,724
  • Jul 13, 2012 6:59am Jul 13, 2012 6:59am
Quoting PooOnTheRug
So true, only have to look at the first post on EURUSD thread to see what the price was in 2004. If that guy had a 10 year price target, he might be about to make some money
Funny tho price back then in 2004 was about the same as today
Don't get mad, get even!
  • #49,725
  • Jul 13, 2012 7:10am Jul 13, 2012 7:10am
Quoting Mr.MaginCole
I fail to understand some guys. A bear or a bull is not wrong at any given time. Maybe someone wants to hold his position for 3 weeks and another person who wants to hold it for only 3 hours will think he is crazy. People just have different targets in this forex market.

Best way is to say what your bias is, back it up with charts and give justifications. If you make money fine....if you lose fine.
Well you failed to understand very simple rule:
Buy low - sell high
That bull of yours if you are holding is still underwater - I gave you good advice, you decided to be smarter than market. H1 is tipping over daily pp atm and news may push it further down.
I've seen similair statements many times in this place - nothing wrong with scalping dips in a downtrend - you just have to know where to do it.
Good luck to you.
swing it!
  • #49,726
  • Edited 7:40am Jul 13, 2012 7:13am | Edited 7:40am
This is my chart reading. Aussie will drop a little bit more before taking off again. This is not the spot to short. Last night, some members mentioned 1.017 was the resistance. Now, it becomes the support. -IMHO-

p.s. I don't use the word "if" in this kind of message because this is my bias. When expressing my bias, I don't provide two-way talking to insure myself from wrong projections. I am either bullish or bearish within a specific time frame. NO BULLEAR!
Attached Image
daddybearforex. com
  • #49,727
  • Jul 13, 2012 7:19am Jul 13, 2012 7:19am
Quoting tomspin
Well you failed to understand very simple rule:
Buy low - sell high
That bull of yours if you are holding is still underwater - I gave you good advice, you decided to be smarter than market. H1 is tipping over daily pp atm and news may push it further down.
I've seen similair statements many times in this place - nothing wrong with scalping dips in a downtrend - you just have to know where to do it.
Good luck to you.

To the contrary .... I am at BE now. I added more bull positions the lower it went. Again I say......people have different trading styles and different targets.
  • #49,728
  • Jul 13, 2012 7:21am Jul 13, 2012 7:21am
Quoting littlemole
Another chart, cause I miss them from this thread
1.0152 could be a perfect place for bulls to buy. But if it breaks then we see new low today.
Attachment
Agree
Use me as a contrarian indicator
  • #49,729
  • Jul 13, 2012 7:22am Jul 13, 2012 7:22am
Quoting Mr.MaginCole
To the contrary .... I am at BE now. I added more bull positions the lower it went. Again I say......people have different trading styles and different targets.
I am sure they have,
Good luck
swing it!
  • #49,730
  • Jul 13, 2012 7:25am Jul 13, 2012 7:25am
Quoting DaddyBear
This is my chart reading. Aussie will drop a little bit more before taking off again. This is not the spot to short. Last night, some members mentioned 1.07 was the resistance. Now, it becomes the support. -IMHO-
...

1.07 ?????????
Use me as a contrarian indicator
  • #49,731
  • Jul 13, 2012 7:28am Jul 13, 2012 7:28am
I think he was referring to 1.0170?
  • #49,732
  • Jul 13, 2012 7:39am Jul 13, 2012 7:39am
Quoting jplazard
I think he was referring to 1.0170?
Ah, ok. Thanks.
Use me as a contrarian indicator
  • #49,733
  • Jul 13, 2012 7:40am Jul 13, 2012 7:40am
Quoting mrbandwidth
1.07 ?????????
Sorry, typo. 1.017 not 1.07.
daddybearforex. com
  • #49,734
  • Jul 13, 2012 7:44am Jul 13, 2012 7:44am
starting to think this is a bear flag on the M30 timeframe, still short...

morning, Walt Disney
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #49,735
  • Jul 13, 2012 7:47am Jul 13, 2012 7:47am
Quoting bguguen
That daddybear still posting shit?? im still going to trade my plan short at 1.0170, and 1.0200 also nice to short....
fucker dont understand its Asia Session, on a friday, perhaps someone's gota learn that Asia drives market against its will and this is called Stop Hunt.... reason why they drive shit up like this in asia because Market is still in Low Liquidity condition so it takes much less money to push market up or down as opposed to doing it in London or in NY open....
Tell me where ive made the wrong call today?? I said we will visit parity for sure, never said it was today.... In fact for the whole day ive been suggesting to load up shorts if it gets up to 1.0170 due to confluence zone, another level i was i terested to short was 1.0200 and i said i doubt we'd get up there because 1.0170 was a strong level to break through during asia.... Hell we are even in ny open and 1.0170 still keeping it down
I plan my trade and i trade my plan

I dont really need anyone calling me a dirty mouth... In fact most traders in banks are dirty mouth, this is a man eating man industry, you get eaten alive easily as soon as you show weakness
Perhaps he should learn reality instead of drawing cartoons
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #49,736
  • Jul 13, 2012 7:48am Jul 13, 2012 7:48am
Quoting djambazov84
starting to think this is a bear flag on the M30 timeframe, still short...

morning, Walt Disney
Morning too. So you are still holding your bears? This is not a bear flag. It is going to be the best long opportunity today from this point. No if or but. -Cartoon-
daddybearforex. com
  • #49,737
  • Jul 13, 2012 7:50am Jul 13, 2012 7:50am
Quoting DaddyBear
I cannot see the other guy's dirty talking because he is on my ignore list. But, I know what he tried to do after making wrong advices all night last night with so much dirty English in his mouth.

Regarding the Somalian message, Silencer was posting a distorted message about my posts without any supports. I used that soft message to tell him back off from accusing people with wrong messages. There was no racism or insulting at all. Silencer's English is perfect.

lol thats what your bull talk all week made me think of, couldnt resist..

heres my 15, 1.0170 was somewhat of resistance, but it diddnt hit the TL so it went up to 1.0185 to touch it:-), now its testing an hourly TL, if it rebounds itll go down to test the 15m trend, an if that breaks itll go down to my next hourly TL near 1.0120, where if it does il look to close before weekend..usa numbers will have to be good.. but china stimulus has me thinking....and the last low was a higher low so it could bounce here, theres just so much im thinking, i just cant bothered really typing it all, getting tired

just trying to follow PA
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  • #49,738
  • Jul 13, 2012 7:53am Jul 13, 2012 7:53am
Short 1.0167
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  • #49,739
  • Jul 13, 2012 7:59am Jul 13, 2012 7:59am
Quoting egkid
Some Parents tell their kids do this don't do that that wrong that right but
whatever they say the kids will only learn by experience and time and then while they are remember what was parents been saying they will
Smile....
Grew up and remember no one trading like other because trading like finger print depends on many Factors like which TF , MM,your own personality, ....
Good morning, egkid. Very good comment on why people trade differently. Sorry, Good evening!
daddybearforex. com
  • #49,740
  • Jul 13, 2012 8:03am Jul 13, 2012 8:03am
Dear Daddy Bear,

I really enjoying your analysis and cartoon, and if some members here insult you, in any kind if way, just ingore them. They'll go crazy when you do that. Try it.

Best Regards.
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