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Aussie Trading Room and Cartoons Gallery

  • #441
  • Jul 22, 2012 11:43pm Jul 22, 2012 11:43pm
Quoting DaddyBear
Now, I know why you are a man with abundant wisdom. Ha!

Do you consider 1.0183 a more feasible low then 1.0233 based on our common view?
doblece,

Now, I look at H1 chart again. I guess the time to reach 1.0183 (if it ever happens) would be around 3:00 AM EST July 24, 2012. -IMHO-

(Note: this is only my point of view and in no way a trading recommendation.)
daddybearforex. com
  • #442
  • Jul 22, 2012 11:54pm Jul 22, 2012 11:54pm
Quoting DaddyBear
Now, I know why you are a man with abundant wisdom. Ha!

Do you consider 1.0183 a more feasible low then 1.0233 based on our common view?

(Note: this is only my point of view and in no way a trading recommendation.) - Sorry to borrow yours from now on.
Looks like we've got our self a Grand Papa Bear
  • #443
  • Jul 23, 2012 12:18am Jul 23, 2012 12:18am
Quoting irfandbl
Looks like we've got our self a Grand Papa Bear
I am not sure if he is a bull, a bear, a bullear or a bearull. Before you call him Grand Papa Bear may be you better see his ID first. -Papa-
daddybearforex. com
  • #444
  • Jul 23, 2012 1:06am Jul 23, 2012 1:06am
Quoting DaddyBear
I am not sure if he is a bull, a bear, a bullear or a bearull. Before you call him Grand Papa Bear may be you better see his ID first. -Papa-
Rather a Grand-Mama Hereford-Panda bullear ... (always preferently bullish on the Aussie but riding it down when needed).

Here's my ID pic (3 years younger):
Attached Image


My Panda paws don't show but I now only dress in black and white (yin-yang style).

(Hey ... I guess Bulls and Bears skipped the light fandango to go back to tango ... )

To answer your 233 vs 183 question (I thought I already did before but anyway): I'd personally stop at close (or maybe higher) and wait to see how price action develops at that level. If Aussie remains bullish it might not cross below 1.0200. However, by earlier experience with this pair, the actual barrier at around 1.0310 can be quite significant and if broken we could have a continued fall even beyond 183.

I do not target specific prices but zones (that might range 10-20 pips or more, depending on the timeframe).

Let's see how the dancing contest goes and what happens when TLs crossing is reached (if). Daily chart is straight bullish and 1.0450 a tempting break upwards, not so far away.

http://www.youtube.com/watch?v=_CVmKPrBE7I
  • #445
  • Jul 23, 2012 1:38am Jul 23, 2012 1:38am
Quoting doblece
Rather a Grand-Mama Hereford-Panda bullear ... (always preferently bullish on the Aussie but riding it down when needed).

Here's my ID pic (3 years younger):
Attachment

My Panda paws don't show but I now only dress in black and white (yin-yang style).

(Hey ... I guess Bulls and Bears skipped the light fandango to go back to tango ... )

To answer your 233 vs 183 question (I thought I already did before but anyway): I'd personally stop at close (or maybe higher) and wait to see how price action develops at that level. If Aussie remains...
dear Grand Mama,

can we consider that we have broken 1.0310 now?


-irfan
  • #446
  • Edited 4:19am Jul 23, 2012 1:46am | Edited 4:19am
Quoting DNTme
Up move to 61% then down it goes!

Let*s not forget that we are in a bull trend, so a failure for 0410 to hold can bring us to 0615 0650 0670

Good weekened all!

welcome back DB
first target away 25 pips (0275)...waiting to take first long there. im already here long a bit

EDIT*******0275 achieved!! LONG
Attached Image (click to enlarge)
Click to Enlarge Name: ausie next week.jpg Size: 113 KB
fokyou forexfactory
  • #447
  • Jul 23, 2012 3:00am Jul 23, 2012 3:00am
Good morning everyone. AU, UCAD, AUDCAD, AUDGBP, NZDUSD on H1 support/resis for ucad. AUDEUR did come down overnight giving AU the loving that it missed on Friday. Let's see if we brake for Papas tail.
  • #448
  • Jul 23, 2012 4:35am Jul 23, 2012 4:35am
Fu**
  • #449
  • Jul 23, 2012 5:15am Jul 23, 2012 5:15am
Quoting CNTrader
My target is 0277 ish zone also being a 50% retrace area from the X-A where i will roll my stops and look to see what else PA is doing. However the pattern can still be valid with just a 38,2 retrace which comes in at 0310ish. If i see a bounce then i will look to go long and also look to take a possible low risk short at top of 2nd red triangle for a potential target at completion rolling my stops along the way. If that Bat pattern completes that is where i will take a low risk long again banking profits along the way until I see another reason...
Target attained
Don't follow me! You can and most likely will LOSE all your money!!!!
  • #450
  • Jul 23, 2012 5:24am Jul 23, 2012 5:24am
Puta
  • #451
  • Jul 23, 2012 6:46am Jul 23, 2012 6:46am
My account is only up 4.06% today...what a slow fu*** day!!
  • #452
  • Jul 23, 2012 6:51am Jul 23, 2012 6:51am
Quoting Daytrader74
My account is only up 4.06% today...what a slow fu*** day!!

great buddy
fokyou forexfactory
  • #453
  • Jul 23, 2012 7:12am Jul 23, 2012 7:12am
Quoting DaddyBear
doblece,

Now, I look at H1 chart again. I guess the time to reach 1.0183 (if it ever happens) would be around 3:00 AM EST July 24, 2012. -IMHO-
doblece,

Wake up and see Aussie is moving along the path inside my red bear. As she is approaching the tail of the red bear, I can now locate the time better if she ever reach there.

The updated arriving time could be around 10 PM, EST, July 23, 2012.
-IMHO-

(Note: this is only my point of view and in no way a trading recommendation.)
daddybearforex. com
  • #454
  • Jul 23, 2012 7:32am Jul 23, 2012 7:32am
Quoting DaddyBear
doblece,

Wake up and see Aussie is moving along the path inside my red bear. As she is approaching the tail of the red bear, I can now locate the time better if she ever reach there.

The updated arriving time could be around 10 PM, EST, July 23, 2012.
-IMHO-
Since market open last night, Aussie has given up around 110 pips at 5:15 AM EST. Now, I am looking for another drop between 100 pips to 110 pips (max.) from 1.0295. This will bring the location of the tail of my red bear close to 1.0195 - 1.0185 zone. -IMHO-

Note:
this is only my point of view and in no way a trading recommendation.
daddybearforex. com
  • #455
  • Jul 23, 2012 7:34am Jul 23, 2012 7:34am
Quoting DaddyBear
Since market open last night, Aussie has given up around 110 pips at 5:15 AM EST. Now, I am looking for another drop between 100 pips to 110 pips (max.) from 1.0295. This will bring the location of the tail of my red bear close to 1.0195 - 1.0185 zone. -IMHO-

Note:
this is only my point of view and in no way a trading recommendation.

  • #456
  • Jul 23, 2012 7:38am Jul 23, 2012 7:38am
S3 on my 4hr chart is about to be tested....S3=1.0256... leaving way to S4=1.0187......let's see what happens...if it stays here in these areas tonight china report if negative could send this down a bit further.....IMHO..
  • #457
  • Jul 23, 2012 7:42am Jul 23, 2012 7:42am
Quoting petehnm
S3 on my 4hr chart is about to be tested....S3=1.0256... leaving way to S4=1.0187......let's see what happens...if it stays here in these areas tonight china report if negative could send this down a bit further.....IMHO..
That would be nice my horts are still open
  • #458
  • Jul 23, 2012 7:43am Jul 23, 2012 7:43am
Quoting supertubes
That would be nice my horts are still open

Very nice...
  • #459
  • Jul 23, 2012 7:43am Jul 23, 2012 7:43am
Quoting Greenstar
I will not be able to stay up and watch London and New York.

Do you expect a turn-around as soon as within the next couple of sessions - London and New York? I'm wondering which level to chose to set up a limit order - 1.0233 area, or lower, at 1.0183 or so. Could 1.0183 come as early as within the next couple of sessions?

I was very helped by experience in beginning to try to trade this pair recently particularly after a comment I think you made that... it takes a lot for "the fat lady to turn around." I'm sorry if I confuse your...
Greenstar,

I'd like to thank you for inspiring me to do something beyond my capacity. I hope my previous two posts have answered your questions last night. When the dust settles, please forgive me if my answers are not accurate. I believe I have done my best. -IMHO-
daddybearforex. com
  • #460
  • Jul 23, 2012 7:43am Jul 23, 2012 7:43am
by the way good morning everyone....
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