Aussie Trading Room and Cartoons Gallery

Quoting irfandbl

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Good morning guys, here's my view for tomorrow's move.

One possible move for this pair tomorrow is;

it would start off by going north for around 10 -20 pips then continue it's way south, first possible downward target is 1.0340

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Quoting irfandbl

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my broker showed me that Friday's close is 1.0375, what's yours?

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Quoting DaddyBear

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Let me post an enhanced version of the projection, so you may understand what is in my mind. Because the projection will be longer, your target may be too high. -IMHO-

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Quoting irfandbl

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Yes Papa, that's why I said first possible target, so I am expecting second or maybe third target to come which would come from H4 and D1 chart, 1.0340 came from the current H1 chart

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Quoting DaddyBear

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Sorry, I overlooked "first". My thinking is that 1.0200 will come to play. Because Aussie is in the context of current downtrend, a downward move following the main trend will be more fierceful than its counterpart of upward move. -IMHO-

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Quoting irfandbl

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I got a strange feeling that this would be a reversal, I mean that we're heading for parity then 0.9400. Do you think 1.05xx is still in play?

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Quoting DaddyBear

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I really don't think this is a reversal simply because the bullish pattern is incomplete. This is a retracement in my opinion. My question now is that whether this retracement is to be a V shape or a W shape. W shape would be a reflection discussed on Thursday night in this forum.

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Quoting irfandbl

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Ah OK, it's the mirror thingy right?

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Quoting Daytrader74

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For respect of Papa Pear coming back from suspension and to mark this fu**** historical event I have decided to change my Avatar. God bless all the Papa pears out there and keep the dream alive!!!

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Quoting Daytrader74

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For respect of Papa Pear coming back from suspension and to mark this fu**** historical event I have decided to change my Avatar. God bless all the Papa pears out there and keep the dream alive!!!

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Quoting DaddyBear

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Yes. But, it was my imaginary reflection. The power behind my imagination was based on what DaddyBear once said "History repeats itself, so does the Forex market." -IMHO-

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Quoting Daytrader74

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For respect of Papa Pear coming back from suspension and to mark this fu**** historical event I have decided to change my Avatar. God bless all the Papa pears out there and keep the dream alive!!!

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Quoting irfandbl

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Currently the weekly chart is showing me 1.0522 and 1.0578 as it's target,

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but I find it hard to achieve because the monthly chart is pointing south 0.9403. Well that 0.9403 is a bigger picture where it could take months to achieve

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Quoting spekitox

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They say keep the crap for the toilet It's OK to disagree or have fights at times but you should know when to stop. Don't be like one of those lifeless internet weirdos who keep stalking people just to express what they've already expressed a dozen times. Instead of wasting time with internet fights why not focus on trading and shake that old money tree?

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Quoting DaddyBear

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In case you overlooked my new avatar, this one will refresh your memory.

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Quoting irfandbl

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One thing that I will always remember from that guy is this. I took it from the EUR/USD thread...

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Quoting DaddyBear

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I know him very well after last Friday. My new avatar is a reminder for me everyday. I don't fight a Wxxxx anymore but instead I ride on it with a whip.

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