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Aussie Trading Room and Cartoons Gallery

  • #1,381
  • Jul 26, 2012 5:16am Jul 26, 2012 5:16am
Quoting irfandbl
there you go! the upside move..
what are you? a psychic?
If you were on Bloomberg TV you would have heard Draghi say, "The EURO is irreversible and the ECB will do whatever it takes to preserve the EURO." right at that moment live from the UK

Cue risk on and hope, let's see if it is enough to break past the resistance.
  • #1,382
  • Jul 26, 2012 5:20am Jul 26, 2012 5:20am
now it looks like a breakout, price should head for 1.04 next .
  • #1,383
  • Jul 26, 2012 5:21am Jul 26, 2012 5:21am
Quoting Esssex
If you were on Bloomberg TV you would have heard Draghi say, "The EURO is irreversible and the ECB will do whatever it takes to preserve the EURO." right at that moment live from the UK

Cue risk on and hope, let's see if it is enough to break past the resistance.
aah ok, cheers for the heads up..
  • #1,384
  • Jul 26, 2012 5:24am Jul 26, 2012 5:24am
Quoting 5percent
now it looks like a breakout, price should head for 1.04 next .
Indeed, I am looking to add in another long position on a retracement. We are going to continue on the upside right now all according to plan with some thanks to Draghi for speeding things up.
  • #1,385
  • Jul 26, 2012 5:47am Jul 26, 2012 5:47am
Quoting whyphi
Hi DaddyBear,
First off nice thread you have for expressing ideas and thoughts rather than levels.

I would like to weigh in by saying that I think the Aussie will be bullish in the near term (up to New York open) where it will make up its mind to go forth with this overly exhausted bull or keel over and let the bear eat it. I have my levels that I'm watching and hopefully my tp gets hit first.
Welcome, whyphi. Please feel at home and offer your insights as much as you can.
daddybearforex. com
  • #1,386
  • Jul 26, 2012 6:05am Jul 26, 2012 6:05am
Quoting CNTrader
Well folks its hard work making it look this easy but T2 attained. Nothing like going to sleep and waking up to 100 pips in DA Bank. Stops rolled on remaining to where the red line is on chart for a gaurantedeed 40 pips on remaining in case the Train falls off the next narrow bridge it comes up to.

Target 3 attained Banked 183 pips on long. Just reversed for a short in reversal zone highlighted above
Attached Image (click to enlarge)
Click to Enlarge Name: au 4hr.jpg Size: 103 KB
Don't follow me! You can and most likely will LOSE all your money!!!!
  • #1,387
  • Jul 26, 2012 6:13am Jul 26, 2012 6:13am
crazy explosion on eur aud and gbp, no sign of retracement lol.
  • #1,388
  • Jul 26, 2012 6:17am Jul 26, 2012 6:17am
Quoting 5percent
crazy explosion on eur aud and gbp, no sign of retracement lol.
I am one disappointed bull. Only got 3 positions in for the spike.

This feels incredibly like that one time when a huge news came out of the EU summit regarding the ESM and the Asian session spiked 200+ pips across all risk currencies only to bring the EUR/USD back down to new lows with commodity currencies tanking in the coming days.
  • #1,389
  • Jul 26, 2012 6:25am Jul 26, 2012 6:25am
Just been out delivering and came pack to this
Attached Image (click to enlarge)
Click to Enlarge Name: USD (-).png spike.png Size: 15 KB
  • #1,390
  • Jul 26, 2012 6:33am Jul 26, 2012 6:33am
Quoting CNTrader
Target 3 attained Banked 183 pips on long. Just reversed for a short in reversal zone highlighted above
Well done CNTrader, im sure it was a great sleep, I noticed you trade with IBFX, do you like the company and system?
  • #1,391
  • Jul 26, 2012 6:37am Jul 26, 2012 6:37am
It was fun! But, ............

Attention: DaddyBear's cartoons are not indicators, please do not apply them to your charts because they won't fit anyway.
Attached Image
daddybearforex. com
  • #1,392
  • Jul 26, 2012 6:42am Jul 26, 2012 6:42am
Quoting DaddyBear
It was fun! But, ............

Attention: DaddyBear's cartoons are not indicators, please do not apply them to your charts because they won't fit anyway.
Well it was nice to see you Mr bull

And to see you too DB
  • #1,393
  • Jul 26, 2012 6:43am Jul 26, 2012 6:43am
Quoting DaddyBear
It was fun! But, ............

Attention: DaddyBear's cartoons are not indicators, please do not apply them to your charts because they won't fit anyway.
What levels are you at for a correction?

Is it too optimistic to be looking at 0350 area?
  • #1,394
  • Jul 26, 2012 6:48am Jul 26, 2012 6:48am
1.04 yeah. I like how price tends to smash through round numbers not by 2 or 5 but 15 pips and even the bravest stops duly munched. These violent upswings mean shorting is still a no-no.

Quoting 5percent
now it looks like a breakout, price should head for 1.04 next .
forget about tomorrow, just steal away into the night
  • #1,395
  • Jul 26, 2012 6:49am Jul 26, 2012 6:49am
Thanks DB,
I was lucky enough to catch some of the move but got out too early as it seems but oh well the name of the game is green pips and profit, I think I'll sit on the sidelines until everything mulls over for now. Although a few scalps here and there are not out of the question.

My anticipation for the US session is to retrace the gains install for a bull rally tomorrow if the fundis are in order.

Green pips to all
  • #1,396
  • Jul 26, 2012 6:50am Jul 26, 2012 6:50am
Quoting Esssex
What levels are you at for a correction?

Is it too optimistic to be looking at 0350 area?
I told ya, I've to go now! I'll be back ..........
daddybearforex. com
  • #1,397
  • Jul 26, 2012 7:12am Jul 26, 2012 7:12am
Potential Targets for the short trade
Attached Image (click to enlarge)
Click to Enlarge Name: au 4hr.jpg Size: 106 KB
Don't follow me! You can and most likely will LOSE all your money!!!!
  • #1,398
  • Jul 26, 2012 7:52am Jul 26, 2012 7:52am
Quoting DaddyBear
It was fun! But, ............
Long Time No See!! ............

Attention: DaddyBear's cartoons are not indicators, please do not apply them to your charts because they won't fit anyway.
Attached Image
daddybearforex. com
  • #1,399
  • Jul 26, 2012 7:53am Jul 26, 2012 7:53am
Sold .75 of cfd sl moved up to 1.0385 for the raiming .25

I know that stops not leaving it much room but im happy enough with the pips ive had so far even after loosing a few in my 1st trade this morning.
Attached Image (click to enlarge)
Click to Enlarge Name: USD (-).png spike2.png Size: 15 KB
  • #1,400
  • Jul 26, 2012 8:04am Jul 26, 2012 8:04am
Just placed a short at 1.0390
Good luck and may the odds be ever in your favor!
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