Aussie Trading Room and Cartoons Gallery | Page 17 | 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

  • #321
  • Jul 22, 2012 9:10am Jul 22, 2012 9:10am
Quoting petehnm
good morning papa and all...been going over that last few pages of posts and I'm getting the sight of a down move...for now thought I'm going to ride my small long up to the 1.0410-15 area then switch it.....this is why towards the end of last week I did a small experiment with the DMI on the 5M chart as long as DI- stayed above DI+ it moved right along with my short at the time all the way to my TP and re-entered long at 1.0364....I'll keep a really close eye on the opening action though....1.0410-15 was choose cause it's right at pivot on the...
Although H1 ADX is lagging behind M5 ADX, H1 ADX is more reliable and stable. I got burned before by entering a trade with M5 ADX alone without waiting the confirmation of H1 ADX. Be careful and be patient. -IMHO-
daddybearforex. com
  • #322
  • Jul 22, 2012 9:13am Jul 22, 2012 9:13am
Quoting DaddyBear
Although H1 ADX is lagging behind M5 ADX, H1 ADX is more reliable and stable. I got burned before by entering a trade with M5 ADX alone without waiting the confirmation of H1 ADX. Be careful and be patient. -IMHO-
Will do papa thanks.....you'll have to excuse me ever since I started reading and studying ADX and DMI... I'm as giddy as a school girl to see it in action......
  • #323
  • Jul 22, 2012 9:36am Jul 22, 2012 9:36am
Quoting petehnm
Will do papa thanks.....you'll have to excuse me ever since I started reading and studying ADX and DMI... I'm as giddy as a school girl to see it in action......
I did not say that you were wrong about your ADX analysis. I was offering my thoughts about the TF. To be honest with you, I am still learning how to master ADX at this point.
daddybearforex. com
  • #324
  • Jul 22, 2012 9:45am Jul 22, 2012 9:45am
Quoting DaddyBear
I did not say that you were wrong about your ADX analysis. I was offering my thoughts about the TF. To be honest with you, I am still learning how to master ADX at this point.
doblece's chart posted on 7/19 indicated a TL. My TL #1 matches his. My view is that Aussie is in her RWS zone. When the train switches to a new railway then it will be on the right track again. -IMHO-
Attached Image (click to enlarge)
Click to Enlarge Name: MW-072212.JPG Size: 72 KB
daddybearforex. com
  • #325
  • Jul 22, 2012 9:55am Jul 22, 2012 9:55am
Quoting DaddyBear
doblece's chart posted on 7/19 indicated a TL. My TL #1 matches his. My view is that Aussie is in her RWS zone. When the train switches to a new railway then it will be on the right track again. -IMHO-
The lesson I have learned from my failures is that never enter a trade against the current trend of your TF. I have come to fully understand this simple fact after getting burned again and again. Hope you guys don't make the same mistake I made before. -IMHO-
daddybearforex. com
  • #326
  • Jul 22, 2012 10:06am Jul 22, 2012 10:06am
Quoting DaddyBear
The lesson I have learned from my failures is that never enter a trade against the current trend of your TF. I have come to fully understand this simple fact after getting burned again and again. Hope you guys don't make the same mistake I made before. -IMHO-
While there is nothing wrong to enter a counter-trend trade if you can handle it. My point is that following the trend is the best choice. In case your entry point is not perfect, the market will come to rescue you sooner or later. -IMHO-
daddybearforex. com
  • #327
  • Jul 22, 2012 10:16am Jul 22, 2012 10:16am
Quoting Fredd
Aided with the right information about what to do then, there's probably no way for you to go wrong.
Fredd, welcome aboard! Could you elaborate your message in details? -DB-
daddybearforex. com
  • #328
  • Jul 22, 2012 10:21am Jul 22, 2012 10:21am
Quoting DaddyBear
I got another question from your poem for you. The wise man walks with his head bowed, he may not realize a bear or a bull is right in front of him until he runs into one of them ...........

Having his head bowed, he can watch his step.
Paws have five fingers, bull feet just two.
Trails are then easy to spot ... unless they're just dancing!

A pebble a day builds a mountain,
and won't pierce your pocket.

  • #329
  • Jul 22, 2012 10:24am Jul 22, 2012 10:24am
1.0382 - 1.0392 area would be a good place to add some shorts tomorrow, what do you guys think?

Attached Image (click to enlarge)
Click to Enlarge Name: M30.gif Size: 17 KB
  • #330
  • Jul 22, 2012 10:31am Jul 22, 2012 10:31am
Quoting dita hanny
AUD/USD will fall at Monday.. have a nice big pipping.. ^_^
It's hard to say for sure at this point. The toughest thing in figuring out market's next move ins not the main direction but how much time it will take to reach certain targets. I believe to solve this issue, fundies may play a more important role as catalysts of moving the market reaching targets in an anticipated path. I found FIB time zone does not work the same way that FIB retracement does. Time is indeed the most intriguing element in the universe and in the markets as well.
daddybearforex. com
  • #331
  • Jul 22, 2012 10:36am Jul 22, 2012 10:36am
Quoting doblece
Having his head bowed, he can watch his step.
Paws have five fingers, bull feet just two.
Trails are then easy to spot ... unless they're just dancing!

A pebble a day builds a mountain,
and won't pierce your pocket.

Man, you might be one of the "wise man three" 2000 years ago. Your wisdom is much more profound than I could image. Great poem with abundant wisdom! Keep up your great inspirations. Thanks.
daddybearforex. com
  • #332
  • Jul 22, 2012 10:38am Jul 22, 2012 10:38am
Attached Image (click to enlarge)
Click to Enlarge Name: H4.gif Size: 15 KB


Attached Image
  • #333
  • Jul 22, 2012 10:39am Jul 22, 2012 10:39am
Quoting DaddyBear
Man, you might be one of the "wise man three" 2000 years ago. Your wisdom is much more profound than I could image. Great poem with abundant wisdom! Keep up your great inspirations. Thanks.
do you think it's time to move to another home named "Aussie Trading Room, Cartoons Gallery and Poems"?
  • #334
  • Jul 22, 2012 10:39am Jul 22, 2012 10:39am
Quoting irfandbl
1.0382 - 1.0392 area would be a good place to add some shorts tomorrow, what do you guys think?

Attachment
It depends on the opening situation. If it gaps up, then you will get a chance to slaughter the bull. But, if it gaps down, you might have to jump to Papa's back. -Papa-
daddybearforex. com
  • #335
  • Jul 22, 2012 10:42am Jul 22, 2012 10:42am
Quoting DaddyBear
It depends on the opening situation. If it gaps up, then you will get a chance to slaughter the bull. But, if it gaps down, you might have to jump to Papa's back. -Papa-
If it gaps down, hope it would close the gap before it continues it's way south
  • #336
  • Jul 22, 2012 10:42am Jul 22, 2012 10:42am
Quoting irfandbl
Attachment

Attachment
WOW! Another fireceful cartoon competitor of DB showed up. irfandbl, welcome to our gallery. Where do you like to display your art work?
Attached Image
daddybearforex. com
  • #337
  • Jul 22, 2012 10:47am Jul 22, 2012 10:47am
Quoting DaddyBear
WOW! Another fireceful cartoon competitor of DB showed up. irfandbl, welcome to our gallery. Where do you like to display your art work?
It's not my cartoon Papa, I googled it, thought it would be nice to see a bungee jumping bear. The question now is, would the rope be strong enough to hold the falling bear after it bounces a few times later on
  • #338
  • Jul 22, 2012 10:49am Jul 22, 2012 10:49am
Quoting irfandbl
It's not my cartoon Papa, I googled it, thought it would be nice to see a bungee jumping bear. The question now is, would the rope be strong enough to hold the falling bear after it bounces a few times later on
Let me borrow some Bullears' words. "Time will tell!"
daddybearforex. com
  • #339
  • Jul 22, 2012 11:00am Jul 22, 2012 11:00am
Quoting DaddyBear
Let me borrow some Bullears' words. "Time will tell!"
Agree

Attached Image
  • #340
  • Jul 22, 2012 11:01am Jul 22, 2012 11:01am
The trend is your friend - until it ends
6 traders viewing now