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AUD/USD

  • #50,281
  • Jul 17, 2012 9:19am Jul 17, 2012 9:19am
Possible bounce from 1.0237?
"Study the past if you would define the future." Confucius
  • #50,282
  • Jul 17, 2012 9:19am Jul 17, 2012 9:19am
[quote=DaddyBear;5848776]I assume I understand your question. A small TF is the blow-up of a larger TF. They represent same thing with different scales.[/QUOTE

If that's the case ..it looks like the bears have grabbed a hold of the rope to the bull balloon again... appreciate the insight...
  • #50,283
  • Jul 17, 2012 9:19am Jul 17, 2012 9:19am
Quoting DaddyBear
Are you bankrupt? Why did you liquidate all your positions?
liquidate also means converting assets or positions to cash. He just means he closed them.
  • #50,284
  • Jul 17, 2012 9:20am Jul 17, 2012 9:20am
No more comments from me on this cross until 1.16 has been hit.
Attached Image (click to enlarge)
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Don't get mad, get even!
  • #50,285
  • Jul 17, 2012 9:29am Jul 17, 2012 9:29am
Quoting HotBiscuits
liquidate also means converting assets or positions to cash. He just means he closed them.
Thanks. I was joking with him.
daddybearforex. com
  • #50,286
  • Jul 17, 2012 9:30am Jul 17, 2012 9:30am
Quoting palabara
Weeeeee... Liquidated all my positions.. took profits.. and reset new positions.. Boy it was a long night but a fruitful one.
this feeling is better than anything, right? and you dont need coffeine too !
fokyou forexfactory
  • #50,287
  • Jul 17, 2012 9:31am Jul 17, 2012 9:31am
Quoting DaddyBear
Thanks. I was joking with him.
I was shitting bricks and building men of those bricks all night! lol
There are those who know, and there are those who don't know.
  • #50,288
  • Jul 17, 2012 9:36am Jul 17, 2012 9:36am
Quoting bguguen
Hmm i dont wana be long now.... Ben saying no need for QE3 for possible gradual economic recovery in US in the next quarter
Thanks for the warning but I was out after the short for 20 pips down then reversal for 15 pips up anyway. When it happens right, you always wish you had risked 3% of the account instead of 2%
  • #50,289
  • Jul 17, 2012 9:37am Jul 17, 2012 9:37am
Quoting DaddyBear
Thanks. I was joking with him.
Happy to see you back to your jovial self!
  • #50,290
  • Jul 17, 2012 9:37am Jul 17, 2012 9:37am
Quoting DNTme
this feeling is better than anything, right? and you dont need coffeine too !

It's definitely a good feeling. Looking for the U turn now.
There are those who know, and there are those who don't know.
  • #50,291
  • Jul 17, 2012 9:38am Jul 17, 2012 9:38am
Quoting DonL
Thanks for the warning but I was out after the short for 20 pips down then reversal for 15 pips up anyway. When it happens right, you always wish you had risked 3% of the account instead of 2%
Which position are you talking about?
There are those who know, and there are those who don't know.
  • #50,292
  • Jul 17, 2012 9:41am Jul 17, 2012 9:41am
Quoting DonL
Thanks for the warning but I was out after the short for 20 pips down then reversal for 15 pips up anyway. When it happens right, you always wish you had risked 3% of the account instead of 2%
well moves like this makes me happy knowing i was a shorter... 1.0170, 1.0200, 1.0230 and 1.0300
Nice...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #50,293
  • Jul 17, 2012 9:41am Jul 17, 2012 9:41am
Quoting palabara
It's definitely a good feeling. Looking for the U turn now.
this one it will dive on and on! she just started
fokyou forexfactory
  • #50,294
  • Jul 17, 2012 9:46am Jul 17, 2012 9:46am
Quoting DNTme
this one it will dive on and on! she just started
Everyone is just selling the fundementals right now.. its the "Hot" thing to do right now considering the ZEW reports.. we're shitty and nothing happened.. and then bernanke.. didn't signify QE3. It's a lot of feeding the bears, but once the dust settles.. it's back to business as usual and the U.S -- Even though it's not Euro.. We're still pretty much down there too.. I took another long position.. its passed its normal daily average and heading into high support territory for now.. If it breaks down the line lower.. 1.2150ish.. then I'll be sitting my in corner crying.
There are those who know, and there are those who don't know.
  • #50,295
  • Jul 17, 2012 9:49am Jul 17, 2012 9:49am
Quoting palabara
Everyone is just selling the fundementals right now.. its the "Hot" thing to do right now considering the ZEW reports.. we're shitty and nothing happened.. and then bernanke.. didn't signify QE3. It's a lot of feeding the bears, but once the dust settles.. it's back to business as usual and the U.S -- Even though it's not Euro.. We're still pretty much down there too.. I took another long position.. its passed its normal daily average and heading into high support territory for now.. If it breaks down the line lower.. 1.2150ish.. then I'll be...
You need to realize... No QE3.... and bad Europe data means... we can keep on BUying the USD.... wooptie fucking doo.... Next time when retail sales and all that bullshit figures which came out Monday and Tuesday, cant rely on those figures... 1 month figure doesnt show the right picture....
the Picture is..... QE3 is the endgame... and Ben wont use it until its at the most dire dire time.... and its not now...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #50,296
  • Jul 17, 2012 9:52am Jul 17, 2012 9:52am
Does this chart look interesting for anyone Bullish out there?? see where the daily got rejected??

Attached Image (click to enlarge)
Click to Enlarge Name: audusdd1.17072012.2251.gif Size: 24 KB
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #50,297
  • Jul 17, 2012 9:52am Jul 17, 2012 9:52am
It is getting really interesting!
Attached Image (click to enlarge)
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"Study the past if you would define the future." Confucius
  • #50,298
  • Jul 17, 2012 9:54am Jul 17, 2012 9:54am
Quoting bguguen
You need to realize... No QE3.... and bad Europe data means... we can keep on BUying the USD.... wooptie fucking doo.... Next time when retail sales and all that bullshit figures which came out Monday and Tuesday, cant rely on those figures... 1 month figure doesnt show the right picture....
the Picture is..... QE3 is the endgame... and Ben wont use it until its at the most dire dire time.... and its not now...
I do realize many things.. at the same time, I didn't think he was going to use the QE3.. Hence I took a "risk" and set all my positions on the fact that the "dollar" will strengthen, with that said, I am also a swing trader.. Short term. In short term scope.. the Euro is still within range.. it traded just a little above its average.. I am looking for the U turn again.. I am not saying "long term" its not going to do what its going to do.. I am saying between now and tomorrow maybe the next day..
There are those who know, and there are those who don't know.
  • #50,299
  • Jul 17, 2012 9:54am Jul 17, 2012 9:54am
Quoting MidasFG
Still short +40 p
nice you did better than i.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #50,300
  • Jul 17, 2012 9:56am Jul 17, 2012 9:56am
Quoting palabara
Which position are you talking about?
The previous break out on the AUD.

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