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AUD/USD

  • #50,261
  • Jul 17, 2012 8:39am Jul 17, 2012 8:39am
Quoting DaddyBear
If you dress Bernanke up with H1 ADX, you might be able to know how long the kite will stay in the air. -IMHO-

thanks papa...this is what I believe that I'm learning about adx...at the moment it's reaching the lower end of it's scale..if it begins a rush to the up side we should see a drop in the AUD... is this correct or the opposite of what is to come....
  • #50,262
  • Jul 17, 2012 8:42am Jul 17, 2012 8:42am
Quoting petehnm
thanks papa...this is what I believe that I'm learning about adx...at the moment it's reaching the lower end of it's scale..if it begins a rush to the up side we should see a drop in the AUD... is this correct or the opposite of what is to come....
What TF are you referring to?
daddybearforex. com
  • #50,263
  • Jul 17, 2012 8:43am Jul 17, 2012 8:43am
Dollar will trade up to 83.60-65 area then continue its leg downward. Short Risk on Ben's speech go long when he stands up for the door
  • #50,264
  • Jul 17, 2012 8:44am Jul 17, 2012 8:44am
Quoting DaddyBear
If you dress Bernanke up with H1 ADX, you might be able to know how long the kite will stay in the air. -IMHO-
Yeah

I'm at work but watching , still same view for my long term trade
i will b Care for today close to see if will continue hold my sell or no
Cya later
  • #50,265
  • Jul 17, 2012 8:45am Jul 17, 2012 8:45am
Quoting DaddyBear
What TF are you referring to?
1hr TF
  • #50,266
  • Jul 17, 2012 9:00am Jul 17, 2012 9:00am
Quoting petehnm
thanks papa...this is what I believe that I'm learning about adx...at the moment it's reaching the lower end of it's scale..if it begins a rush to the up side we should see a drop in the AUD... is this correct or the opposite of what is to come....
The directions of winds may change at any given moment but the underlying power causing these changes always rotates around its 23.439 degree axis tilt counterclockwise. That power is the one I would tap. -IMHO-
daddybearforex. com
  • #50,267
  • Jul 17, 2012 9:02am Jul 17, 2012 9:02am
Thanks Ben
New voice message: Why are you calling me? If I need you, I'll call you!
  • #50,268
  • Jul 17, 2012 9:04am Jul 17, 2012 9:04am
Still short +40 p
  • #50,269
  • Jul 17, 2012 9:05am Jul 17, 2012 9:05am
Quoting DaddyBear
The directions of winds may change at any given moment but the underlying power causing these changes always rotates around its 23.439 degree axis tilt counterclockwise. That power is the one I would tap. -IMHO-

awesome papa thanks...excuse me for being a pest but just one more question...would that point on the axis apply to all TF's or just the 1hr...
  • #50,270
  • Jul 17, 2012 9:06am Jul 17, 2012 9:06am
Quoting KillerWhale
Thanks Ben
THank you ben!, no hint on QE3... Thank god...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #50,271
  • Jul 17, 2012 9:06am Jul 17, 2012 9:06am
Weeeeee... Liquidated all my positions.. took profits.. and reset new positions.. Boy it was a long night but a fruitful one.
There are those who know, and there are those who don't know.
  • #50,272
  • Jul 17, 2012 9:08am Jul 17, 2012 9:08am
Is CNBC extremely out of sync for anyone else? Any other quality sources of the testimony?
  • #50,273
  • Jul 17, 2012 9:09am Jul 17, 2012 9:09am
Where are you waiting for?
  • #50,274
  • Jul 17, 2012 9:10am Jul 17, 2012 9:10am
Quoting HotBiscuits
Is CNBC extremely out of sync for anyone else? Any other quality sources of the testimony?
bloomberg.com/tv
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #50,275
  • Jul 17, 2012 9:13am Jul 17, 2012 9:13am
Quoting petehnm
awesome papa thanks...excuse me for being a pest but just one more question...would that point on the axis apply to all TF's or just the 1hr...
I assume I understand your question. A small TF is the blow-up of a larger TF. They represent same thing with different scales.
daddybearforex. com
  • #50,276
  • Jul 17, 2012 9:14am Jul 17, 2012 9:14am
Quoting palabara
Weeeeee... Liquidated all my positions.. took profits.. and reset new positions.. Boy it was a long night but a fruitful one.
perhaps you can have a day off tomorrow! Nice short as it crossed the uppward trend line and the 200 SMA on m5.

now long at 1.0250, reversed short as it hit support. Then closed at 1.0265. Nice for 34 pips
  • #50,277
  • Jul 17, 2012 9:17am Jul 17, 2012 9:17am
Quoting DonL
perhaps you can have a day off tomorrow! Nice short as it crossed the uppward trend line and the 200 SMA on m5.

now long at 1.0250, reversed short as it hit support.
I am long at euro too but a bit lower then your level. and yes, maybe will get that night off!
There are those who know, and there are those who don't know.
  • #50,278
  • Jul 17, 2012 9:18am Jul 17, 2012 9:18am
Quoting palabara
Weeeeee... Liquidated all my positions.. took profits.. and reset new positions.. Boy it was a long night but a fruitful one.
Are you bankrupt? Why did you liquidate all your positions?
daddybearforex. com
  • #50,279
  • Jul 17, 2012 9:19am Jul 17, 2012 9:19am
Quoting DaddyBear
Are you bankrupt? Why did you liquidate all your positions?
I meant liquidate as in close them and take profits.. lol through out the night I opened quite a few lots in several different markets, and it paid off on all the markets.
There are those who know, and there are those who don't know.
  • #50,280
  • Jul 17, 2012 9:19am Jul 17, 2012 9:19am
Quoting DonL
perhaps you can have a day off tomorrow! Nice short as it crossed the uppward trend line and the 200 SMA on m5.

now long at 1.0250, reversed short as it hit support.
Hmm i dont wana be long now.... Ben saying no need for QE3 for possible gradual economic recovery in US in the next quarter
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
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