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Aussie Trading Room and Cartoons Gallery

  • #841
  • Jul 24, 2012 1:00pm Jul 24, 2012 1:00pm
Someone is got to vouch for me cause.. I don't like being the old fart without vouches!
There are those who know, and there are those who don't know.
  • #842
  • Jul 24, 2012 1:01pm Jul 24, 2012 1:01pm
Quoting palabara
*looks back and sees the Bear*

Pretends to be dead.. hoping the bear go's away

I heard it work's lets see if it really does lmao!
You are a strong man! Just in case, this is an Australian Bear eating dead bulls all the time.
daddybearforex. com
  • #843
  • Jul 24, 2012 1:03pm Jul 24, 2012 1:03pm
Quoting palabara
Someone is got to vouch for me cause.. I don't like being the old fart without vouches!
Someday in the future UPS may deliver one to you if you can survive this time.
daddybearforex. com
  • #844
  • Jul 24, 2012 1:05pm Jul 24, 2012 1:05pm
Quoting Paulenok
Question was not for me, but let me share some thoughts.

From long term perspective, I am extreme bearish on this pair, but right now, I just can not sell into support. Looking for 1.03 to add shorts

Attachment
also

Attached Image (click to enlarge)
Click to Enlarge Name: aud8.jpg Size: 88 KB
  • #845
  • Jul 24, 2012 1:06pm Jul 24, 2012 1:06pm
Quoting Paulenok
Question was not for me, but let me share some thoughts.

From long term perspective, I am extreme bearish on this pair, but right now, I just can not sell into support. Looking for 1.03 to add shorts

Attachment
Someone once (not DB) said:
In Forex market (unlike stock markets), sell into weakness and buy into strength.
daddybearforex. com
  • #846
  • Jul 24, 2012 1:06pm Jul 24, 2012 1:06pm
Quoting DaddyBear
You are a strong man! Just in case, this is an Australian Bear eating dead bulls all the time.
I tend to try and profit from.. PA so my strategy is based around that.. I found that, this is what I'm comfortable and it works for me.. biggest issue is to be consistent lol.

I do agree at the time being long term its still bearish movement.. I am looking at a "bounce" and I think that this area is perfect for it.. or it might not be.. if it breaks through then it was a "weak" support and not enough to sustain a bounce, but also consider this.

Everyone else.. who sees it as a support.. either does 1 out of 2 things.. Either closing their "shorts" for now to get them again later.. or taking long positions on a bounce.

Everyone else who is holding will eventually give up, for a "short" time.. untill it unwinds a little bit, and then comes back from a higher level with more people aboard the train.
There are those who know, and there are those who don't know.
  • #847
  • Jul 24, 2012 1:08pm Jul 24, 2012 1:08pm
You guys should keep your eyes on AUD/CHF. It might finally see a bit of bearishness now, after a thousand pip charge
  • #848
  • Jul 24, 2012 1:09pm Jul 24, 2012 1:09pm
Quoting doblece
I rather see the intermediate trendline just below 1.0200 and SMA34 (pink):

Attachment

Red is SMA200, blue is SMA100. Brown-white-green thin lines are BB(20,2).
Good point doblece - Your 102 line matches last weeks low 'if' it breaks the rapid momentum of the train may yank our backs to the seats. Thanx for the great post.
  • #849
  • Jul 24, 2012 1:12pm Jul 24, 2012 1:12pm
aud
Attached Image (click to enlarge)
Click to Enlarge Name: aud.jpg Size: 80 KB
Money can not be a goal, is the result of a job well done.
  • #850
  • Jul 24, 2012 1:13pm Jul 24, 2012 1:13pm
Looking at getting back in....Limit order at 1.0215....TP: 1.0200 SL: 1.0250....thoughts?
Good luck and may the odds be ever in your favor!
  • #851
  • Jul 24, 2012 1:16pm Jul 24, 2012 1:16pm
I'll give it that its quite persistent.
There are those who know, and there are those who don't know.
  • #852
  • Jul 24, 2012 1:17pm Jul 24, 2012 1:17pm
Quoting zuntrader
aud
Nice chart! Your chart answered my long time question. Wait a second, what was my question?
daddybearforex. com
  • #853
  • Jul 24, 2012 1:18pm Jul 24, 2012 1:18pm
Quoting DaddyBear
(...) and enjoy an Oscar winning movie "Bye!".
Wait a second: if the movie's title is "Bye!" and if Bearry is waving good-bye does that mean he's leaving the scene and Bully remains?
Or is he just walking Bully to the door?

Oh my.
So many meanings and directions.

Note that Bully is crying.
Bye Bully!
Bye Bearry!


(see you back at 10:10 ... ?)
  • #854
  • Jul 24, 2012 1:18pm Jul 24, 2012 1:18pm
Quoting dbutton1990
Looking at getting back in....Limit order at 1.0215....TP: 1.0200 SL: 1.0250....thoughts?
Did you jump the train?
daddybearforex. com
  • #855
  • Jul 24, 2012 1:20pm Jul 24, 2012 1:20pm
Quoting doblece
Wait a second: if the movie's title is "Bye!" and if Bearry is waving good-bye does that mean he's leaving the scene and Bully remains?
Or is he just walking Bully to the door?

Oh my.
So many meanings and directions.

Note that Bully is crying.
Bye Bully!
Bye Bearry!


(see you back at 10:10 ... ?)
DB's cartoons always leave room for people to figure out themselves.
daddybearforex. com
  • #856
  • Jul 24, 2012 1:21pm Jul 24, 2012 1:21pm
Quoting DaddyBear
Did you jump the train?
Yes. I got out at the 1.230 mark. I went ahead and placed my limit order. We will see what happens
Good luck and may the odds be ever in your favor!
  • #857
  • Jul 24, 2012 1:23pm Jul 24, 2012 1:23pm
DB says its more like art, not exactly science. From an artists perspective you could argue a trendline break on the weekly chart. Just sayin.
Attached Image (click to enlarge)
Click to Enlarge Name: tl.gif Size: 11 KB
  • #858
  • Jul 24, 2012 1:28pm Jul 24, 2012 1:28pm
Quoting chiknthief
DB says its more like art, not exactly science. From an artists perspective you could argue a trendline break on the weekly chart. Just sayin.
Let me use analogy to answer your question. A TL is like a railway. When it breaks, to me it is the zone of railway switch. After switching of railway is done, the train will move to another railway heading to another direction. Your are assuming current TL has not ended yet. But, I see it differently. -IMHO-
daddybearforex. com
  • #859
  • Jul 24, 2012 1:30pm Jul 24, 2012 1:30pm
Quoting palabara
I'll give it that its quite persistent.
HELLO, palabara! Are you still there?
daddybearforex. com
  • #860
  • Jul 24, 2012 1:32pm Jul 24, 2012 1:32pm
Quoting DaddyBear
Let me use analogy to answer your question. A TL is like a railway. When it breaks, to me it is the zone of railway switch. After switching of railway is done, the train will move to another railway heading to another direction. Your are assuming current TL has not ended yet. But, I see it differently. -IMHO-
Say what? I see broken tracks.
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