Aussie Trading Room and Cartoons Gallery | Page 6 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading Cartoons and Pics 2,832 replies

EUR/USD Trading Room 328 replies

Do The Trading Room 20 replies

Attachments: Aussie Trading Room and Cartoons Gallery
Exit Attachments

Aussie Trading Room and Cartoons Gallery

  • #101
  • Jul 20, 2012 2:16am Jul 20, 2012 2:16am
Great Success Thread!
If there was easy money lying around,no one would be forcing it into your
  • #102
  • Jul 20, 2012 3:17am Jul 20, 2012 3:17am
If i was short i would kinda hate that M15 and even more if that m30(s) stretches a bit further. Contained for now though. Look out for usdcad, gbpusd, audjpy to turn somewhere here or ... well i would hate to be short
  • #103
  • Jul 20, 2012 3:18am Jul 20, 2012 3:18am
Quoting leticus
Hi DB, deep respects to you. I am a Business Analytics Forex Trader hence i will always put fundamentals as first place then combined with technicals.

Currently, S&P/ASX200 is always directly co-related to the AUD currency. Now its going down in deep speed.

We will see how it goes, seems like the fundamentals are respecting the technicals, or either way.
Hello, Leticus
What's the time frame of your high correlation? Are they highly correlated on a weekly basis, on a monthly basis?
I went to the link you provided but I can't get the time series.

Cheers
  • #104
  • Jul 20, 2012 3:22am Jul 20, 2012 3:22am
Quoting Thaddeus
Hello, Leticus
What's the time frame of your high correlation? Are they highly correlated on a weekly basis, on a monthly basis?
I went to the link you provided but I can't get the time series.

Cheers
for the trend graph is in the main page http://www.asx.com.au/index.htm
look out for the small graph on your left.
  • #105
  • Jul 20, 2012 3:24am Jul 20, 2012 3:24am
hahaha Daddybear starts a post already 5 pages filled what a fkin bad ass
  • #106
  • Jul 20, 2012 3:37am Jul 20, 2012 3:37am
Quoting leticus
for the trend graph is in the main page http://www.asx.com.au/index.htm
look out for the small graph on your left.
For my timeframe of correlation - its between week and the month.
Judging from this, there are some big players whom placed a target price already resulting in us retail traders not able to predict.

Now is what is that TARGET PRICE that the big players are targeting?
  • #107
  • Jul 20, 2012 3:45am Jul 20, 2012 3:45am
Awesome DB! I will be visiting and putting up some of my drawings from time to time. Thank you.
  • #108
  • Jul 20, 2012 3:48am Jul 20, 2012 3:48am
Quoting unknown4x
If i was short i would kinda hate that M15 and even more if that m30(s) stretches a bit further. Contained for now though. Look out for usdcad, gbpusd, audjpy to turn somewhere here or ... well i would hate to be short


Still valid. Ball in EU/GUs court now. USD flipped on the lowers but M15 still indecision.
  • #109
  • Jul 20, 2012 3:51am Jul 20, 2012 3:51am
Quoting hornsant
Will be interesting to see how the most over rated currency, country, economy - aud- fares in the next few months.
Although I am quoting hornsant, the question is to everyone.
Why do you believe the Aussie is overvalued?
In my opinion, it is currently the country with the best fundamentals and interest rates in the OECD. China might not be at its best, but I believe we need stronger evidence to ascertain that China is going down.
Please let me know what you guys think.
Cheers
  • #110
  • Jul 20, 2012 3:55am Jul 20, 2012 3:55am
Quoting Thaddeus
Although I am quoting hornsant, the question is to everyone.
Why do you believe the Aussie is overvalued?
In my opinion, it is currently the country with the best fundamentals and interest rates in the OECD. China might not be at its best, but I believe we need stronger evidence to ascertain that China is going down.
Please let me know what you guys think.
Cheers
One of my favourite signs that Chinas not doing all that great is their panic building of entire cities. It wasnt /just/ done to boost GDP figures, but im betting that played a large role in their construction.
  • #111
  • Jul 20, 2012 3:56am Jul 20, 2012 3:56am
Quoting Thaddeus
Although I am quoting hornsant, the question is to everyone.
Why do you believe the Aussie is overvalued?
In my opinion, it is currently the country with the best fundamentals and interest rates in the OECD. China might not be at its best, but I believe we need stronger evidence to ascertain that China is going down.
Please let me know what you guys think.
Cheers


Well the housing bubble along with the loosening of the credit standards that automatically comes along with it surely will take it's toll some day with or without china.
  • #112
  • Jul 20, 2012 3:59am Jul 20, 2012 3:59am
Quoting unknown4x
Still valid. Ball in EU/GUs court now. USD flipped on the lowers but M15 still indecision.
out 2nd time again here. EU/GU not ready.
  • #113
  • Jul 20, 2012 4:06am Jul 20, 2012 4:06am
I think the bears are not ready to take over this pair for now, it's about to test 1.0450
  • #114
  • Jul 20, 2012 4:07am Jul 20, 2012 4:07am
Quoting unknown4x
Well the housing bubble along with the loosening of the credit standards that automatically comes along with it surely will take it's toll some day with or without china.
Now that's what I call speculation!
  • #115
  • Jul 20, 2012 4:12am Jul 20, 2012 4:12am
Quoting 2+2=4ex
Now that's what I call speculation!
Speculating on the repeated dumbness of people is always a winner as there is a 99% group... 99% dumb as shit
  • #116
  • Jul 20, 2012 4:15am Jul 20, 2012 4:15am
Quoting irfandbl
I think the bears are not ready to take over this pair for now, it's about to test 1.0450


For AUD yes but it would need EU/GU along on the lowers. Before that AU will not move anywhere.
  • #117
  • Jul 20, 2012 4:18am Jul 20, 2012 4:18am
Quoting unknown4x
Speculating on the repeated dumbness of people is always a winner as there is a 99% group... 99% dumb as shit
It is said that the most reliable indicator in the world is the correlation between what the general public (underprepared and misinformed folks) does and what the markets do. Something like 99% year after year.
  • #118
  • Jul 20, 2012 4:22am Jul 20, 2012 4:22am
Quoting unknown4x
For AUD yes but it would need EU/GU along on the lowers. Before that AU will not move anywhere.
EU testing lows for 4th time today. Fall through there along with 2nd M15 rejection on AU might give bears back a bit of control but AUD in bullish mode so AU might not be best choice / bounce here and there.


So far everything holding and GU already bouncing to upside so upside still prefered but not traded as AUGBP coming down just like all the unbalanced AUD bull minors -> ball still in EU/GU court.
  • #119
  • Jul 20, 2012 4:25am Jul 20, 2012 4:25am
Quoting 2+2=4ex
It is said that the most reliable indicator in the world is the correlation between what the general public (underprepared and misinformed folks) does and what the markets do. Something like 99% year after year.
Yeah just like all those retail long/short market sentiments meters.
  • #120
  • Jul 20, 2012 4:40am Jul 20, 2012 4:40am
Shit is all over the place... usdcad/gbpusd down but audcad, audgbp down too so no cookies for us... EU on resis too but no safe love without au or gu + eg/ea so time for some...
Attached Image (click to enlarge)
Click to Enlarge Name: 7278584882_2d47969612_b.jpg Size: 165 KB
32 traders viewing now