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Aussie Trading Room and Cartoons Gallery

  • #1,061
  • Jul 25, 2012 12:36am Jul 25, 2012 12:36am
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 25, 2012 12:38am Jul 25, 2012 12:38am
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 25, 2012 12:41am Jul 25, 2012 12:41am
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 25, 2012 12:44am Jul 25, 2012 12:44am
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 25, 2012 12:47am Jul 25, 2012 12:47am
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 25, 2012 12:50am Jul 25, 2012 12:50am
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 25, 2012 12:50am Jul 25, 2012 12:50am
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 25, 2012 12:52am Jul 25, 2012 12:52am
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 25, 2012 12:52am Jul 25, 2012 12:52am
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 25, 2012 12:53am Jul 25, 2012 12:53am
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 25, 2012 12:53am Jul 25, 2012 12:53am
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 25, 2012 12:54am Jul 25, 2012 12:54am
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 25, 2012 12:59am Jul 25, 2012 12:59am
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 25, 2012 1:01am Jul 25, 2012 1:01am
off to bed guys. Hopefully will awake to lots of green pips. =)
  • #1,075
  • Jul 25, 2012 1:01am Jul 25, 2012 1:01am
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 25, 2012 1:02am Jul 25, 2012 1:02am
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 25, 2012 1:04am Jul 25, 2012 1:04am
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 25, 2012 1:06am Jul 25, 2012 1:06am
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 25, 2012 1:07am Jul 25, 2012 1:07am
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 25, 2012 1:08am Jul 25, 2012 1:08am
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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