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Aussie Trading Room and Cartoons Gallery

  • #1,061
  • Jul 24, 2012 10:36pm Jul 24, 2012 10:36pm
Quoting DaddyBear
Baik Mornig, FXM!
full of love ya
If there was easy money lying around,no one would be forcing it into your
  • #1,062
  • Jul 24, 2012 10:38pm Jul 24, 2012 10:38pm
Quoting mattheweston
I think 1.0250 would be a great place to short if we can get back up that high.
my sentiments exactly.. unfortunately i have some issues with being impatient..but I'm also trying a new approach with my profit and loss averages...so getting in where I did kinda had to do with that as well... happy hunting to you...
  • #1,063
  • Jul 24, 2012 10:41pm Jul 24, 2012 10:41pm
Quoting petehnm
well here's what I'm thinking ...took and average of my wins and the long I took earlier went above it and the PA has stalled plus it's getting closer to London time....I'm not sure we'll go all the way back below 1.0172 but a short from here 1.0227 down to 1.0190 would be a great place to start considering putting a tight tp stop and the go long again...ya never know might have gotten in to soon should have maybe waited till 1.0250...let's see what happens..
Let me reveal a little bit secret to ya. While your are still waiting for 1.0250, the best level to enter short at 1.0239X is gone. Bye!
daddybearforex. com
  • #1,064
  • Jul 24, 2012 10:44pm Jul 24, 2012 10:44pm
I'm backk! So Batman was good.. doesn't look like I've missed on much.
There are those who know, and there are those who don't know.
  • #1,065
  • Jul 24, 2012 10:47pm Jul 24, 2012 10:47pm
Quoting palabara
I'm backk! So Batman was good.. doesn't look like I've missed on much.
Where were you during CPI news?
daddybearforex. com
  • #1,066
  • Jul 24, 2012 10:50pm Jul 24, 2012 10:50pm
Quoting Robot Trader
Would you please draw on a chart what you are thinking, I am having trouble with my imagination

Just find the upside down head and shoulders pattern on the 1 hr chart and find the mid point. It should be around 7/19 at 11am. Then it should be clear.
  • #1,067
  • Jul 24, 2012 10:50pm Jul 24, 2012 10:50pm
Quoting DaddyBear
Let me reveal a little bit secret to ya. While your are still waiting for 1.0250, the best level to enter short at 1.0239X is gone. Bye!


I did miss 1.0239 but i was able to get in at 1.0227...where to take the profit is what's on the agenda for me at the moment...
  • #1,068
  • Jul 24, 2012 10:52pm Jul 24, 2012 10:52pm
Quoting DaddyBear
Let me reveal a little bit secret to ya. While your are still waiting for 1.0250, the best level to enter short at 1.0239X is gone. Bye!
I'm actually short at 1.0225. I couldn't wait for 1.0250. I almost pulled the trigger at 1.0240.
  • #1,069
  • Jul 24, 2012 10:52pm Jul 24, 2012 10:52pm
Quoting DaddyBear
Where were you during CPI news?
I was monitoring it on my phone, while driving lol. To the movie theater.. To watch Batman. Not the reaction, I was expecting.
There are those who know, and there are those who don't know.
  • #1,070
  • Jul 24, 2012 10:53pm Jul 24, 2012 10:53pm
Talk is European stock markets will be opening lower.. which is setting a bearish tone.. which will set a dollar bullish tone which will add pressure on everything else..

But, nothing is set in stone.. So.. will see as the day starts to unfold.
There are those who know, and there are those who don't know.
  • #1,071
  • Jul 24, 2012 10:53pm Jul 24, 2012 10:53pm
Quoting petehnm
I did miss 1.0239 but i was able to get in at 1.0227...where to take the profit is what's on the agenda for me at the moment...
Look at M1 ADX for any sign of reversal!
daddybearforex. com
  • #1,072
  • Jul 24, 2012 10:54pm Jul 24, 2012 10:54pm
Quoting mattheweston
I'm actually short at 1.0225. I couldn't wait for 1.0250. I almost pulled the trigger at 1.0240.
You have done pretty well. Good job!
daddybearforex. com
  • #1,073
  • Jul 24, 2012 10:59pm Jul 24, 2012 10:59pm
Quoting DaddyBear
Look at M1 ADX for any sign of reversal!
what does M1 ADX means? thanks
Sometimes it's better to be wrong,to learn..
  • #1,074
  • Jul 24, 2012 11:01pm Jul 24, 2012 11:01pm
off to bed guys. Hopefully will awake to lots of green pips. =)
  • #1,075
  • Jul 24, 2012 11:01pm Jul 24, 2012 11:01pm
Quoting mattheweston
off to bed guys. Hopefully will awake to lots of green pips. =)
There are those who know, and there are those who don't know.
  • #1,076
  • Jul 24, 2012 11:02pm Jul 24, 2012 11:02pm
Quoting KiNgEdwarD
what does M1 ADX means? thanks
http://stockcharts.com/help/doku.php?id=chart_school:technical_indicators:average_directional_
There are those who know, and there are those who don't know.
  • #1,077
  • Jul 24, 2012 11:04pm Jul 24, 2012 11:04pm
Quoting mattheweston
Just find the upside down head and shoulders pattern on the 1 hr chart and find the mid point. It should be around 7/19 at 11am. Then it should be clear.
Is this what you are predicting?
Attached Image (click to enlarge)
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Some people say I'm lucky, but the more I practice the luckier I get
  • #1,078
  • Jul 24, 2012 11:06pm Jul 24, 2012 11:06pm
Quoting DaddyBear
Look at M1 ADX for any sign of reversal!
awesome thanks papa...will keep an eye on it...well it's time to get some sleep...I don't know how you keep going papa...

goodnight all...
  • #1,079
  • Jul 24, 2012 11:07pm Jul 24, 2012 11:07pm
Quoting petehnm
awesome thanks papa...will keep an eye on it...well it's time to get some sleep...I don't know how you keep going papa...

goodnight all...
Nighty night!
There are those who know, and there are those who don't know.
  • #1,080
  • Jul 24, 2012 11:08pm Jul 24, 2012 11:08pm
Quoting KiNgEdwarD
what does M1 ADX means? thanks
M1 = 1 minute chart
ADX is an indicator

Believe in yourself and work hard. You will make it. Nobody was born a trader.
daddybearforex. com
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