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Aussie Trading Room and Cartoons Gallery

  • #861
  • Jul 24, 2012 1:33pm Jul 24, 2012 1:33pm
Quoting dbutton1990
Yes. I got out at the 1.230 mark. I went ahead and placed my limit order. We will see what happens
dbutton1990, did you jump back on? May be you just hire a taxi instead. It's safer not to jump to a high speed train.
daddybearforex. com
  • #862
  • Jul 24, 2012 1:34pm Jul 24, 2012 1:34pm
Quoting DaddyBear
HELLO, palabara! Are you still there?
I am still here, DB
There are those who know, and there are those who don't know.
  • #863
  • Jul 24, 2012 1:35pm Jul 24, 2012 1:35pm
Quoting chiknthief
Say what? I see broken tracks.
I see what you mean. "Time will tell!"
daddybearforex. com
  • #864
  • Jul 24, 2012 1:35pm Jul 24, 2012 1:35pm
Quoting DaddyBear
dbutton1990, did you jump back on? May be you just hire a taxi instead. It's safer not to jump to a high speed train.
I got back on...should I have not?
Good luck and may the odds be ever in your favor!
  • #865
  • Jul 24, 2012 1:36pm Jul 24, 2012 1:36pm
Quoting DaddyBear
dbutton1990, did you jump back on? May be you just hire a taxi instead. It's safer not to jump to a high speed train.
Has he packed his baggage for a trip? I could see some uncertainty in his actions, perhaps he is not sure about his final destination?
  • #866
  • Jul 24, 2012 1:37pm Jul 24, 2012 1:37pm
Quoting dbutton1990
I got back on...should I have not?
Dbutton.. You can't ask other people how to trade bro. There won't be people to guide you with every transaction by day. You need to get in their challenge the system, and plant your flag!
There are those who know, and there are those who don't know.
  • #867
  • Jul 24, 2012 1:37pm Jul 24, 2012 1:37pm
Quoting palabara
I am still here, DB
My question should be:

HELLO, palabara! Are you still alive?
daddybearforex. com
  • #868
  • Jul 24, 2012 1:38pm Jul 24, 2012 1:38pm
Quoting DaddyBear
My question should be:

HELLO, palabara! Are you still alive?
I'm being sniffed out by this poopy bear! but, not eaten YET.
There are those who know, and there are those who don't know.
  • #869
  • Jul 24, 2012 1:40pm Jul 24, 2012 1:40pm
Fake breakout?..

See after the break.
  • #870
  • Jul 24, 2012 1:41pm Jul 24, 2012 1:41pm
Quoting Paulenok
Fake breakout?..

See after the break.
Its cause people are unloading positions.
There are those who know, and there are those who don't know.
  • #871
  • Jul 24, 2012 1:42pm Jul 24, 2012 1:42pm
*opens his eye to see if the bear is gone* still pretending to be dead
There are those who know, and there are those who don't know.
  • #872
  • Jul 24, 2012 1:44pm Jul 24, 2012 1:44pm
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.
Piercing just now.
But 188-190 is Daily SMA34 and Weekly middle BB(20).
And (for me) the area between SMA34 and middle BB is kind of a no-man's land (1.0188 - 1.0295) where price can get stuck and ranging for a while.

Attached Image (click to enlarge)
Click to Enlarge Name: bbsma.gif Size: 38 KB


1.0183 is the median line of the symmetrical weekly triangle.
And BBs are curling to the inside.

A clear break on Weekly (for me) would be reaching at least 1.0100.
  • #873
  • Jul 24, 2012 1:45pm Jul 24, 2012 1:45pm
Quoting doblece
Piercing just now.
But 188-190 is Daily SMA34 and Weekly middle BB(20).
And (for me) the area between SMA34 and middle BB is kind of a no-man's land (1.0188 - 1.0295) where price can get stuck and ranging for a while.

Attachment

1.0183 is the median line of the symmetrical weekly triangle.
And BBs are curling to the inside.

A clear break on Weekly (for me) would be reaching at least 1.0100.
That's is pretty good, I'd say.
There are those who know, and there are those who don't know.
  • #874
  • Jul 24, 2012 1:45pm Jul 24, 2012 1:45pm
Due to my lack of drawing skills... here is a pic

Attached Image


Why is that bear hiding? What is he planning?
  • #875
  • Jul 24, 2012 1:46pm Jul 24, 2012 1:46pm
Quoting Paulenok
Due to my lack of drawing skills... here is a pic

Attachment

Why is that bear hiding? What is he planning?
lol, not to eat me. I hope.
There are those who know, and there are those who don't know.
  • #876
  • Jul 24, 2012 1:51pm Jul 24, 2012 1:51pm
I think he is getting scared the bull is going to come after him.
  • #877
  • Jul 24, 2012 1:53pm Jul 24, 2012 1:53pm
I'm going to look for a menu to order some launch. I'll be back!
There are those who know, and there are those who don't know.
  • #878
  • Jul 24, 2012 1:55pm Jul 24, 2012 1:55pm
Be patient my friends. For the CPI numbers the bulls will not want to see anything below 0.6%.

My threshold for CPI will be 0.4%, anything below that to me, will indicate more room for more rate cuts or easing which will drive all hot money that is already scarce in the current economic conditions away.

In that scenario, I'll most probably book my profits that I have from my parity longs and wait for a new spot to reload on longs.
  • #879
  • Jul 24, 2012 1:59pm Jul 24, 2012 1:59pm
Quoting doblece
Piercing just now.
But 188-190 is Daily SMA34 and Weekly middle BB(20).
And (for me) the area between SMA34 and middle BB is kind of a no-man's land (1.0188 - 1.0295) where price can get stuck and ranging for a while.

Attachment

1.0183 is the median line of the symmetrical weekly triangle.
And BBs are curling to the inside.

A clear break on Weekly (for me) would be reaching at least 1.0100.

Big choppy triangle on weekly chart. Could be long term bullish (very long term) Shorter term cycle and seasonal influences are in bearish mode for the next 7 weeks or thereabouts. The market may well remain rangebound within the weekly triangle for a while.
  • #880
  • Jul 24, 2012 2:02pm Jul 24, 2012 2:02pm
Quoting doblece

And (for me) the area between SMA34 and middle BB is kind of a no-man's land (1.0188 - 1.0295) where price can get stuck and ranging for a while.
On the Daily charts that area would be between SMA34 (1.0195) and SMA200 (1.0295).

1.0190 is the H4 rising alternate trendline. Actual price is trying to break the Pitchfork's median.

Attached Image (click to enlarge)
Click to Enlarge Name: bbsma2.gif Size: 38 KB


It's either parity or 1.0370 ...
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