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Aussie Trading Room and Cartoons Gallery

  • #2,321
  • Jul 31, 2012 7:45am Jul 31, 2012 7:45am
http://www.youtube.com/watch?v=XuB7O1gFokA
  • #2,322
  • Jul 31, 2012 7:53am Jul 31, 2012 7:53am
Quoting DaddyBear
Now, the bulls are attempting to run to another hilltop ........
After looking at all TFs, I believe I had a wrong idea trying to catch all the bulls. All I need is catching a few fat bulls. Now they are on my bear truck and I am heading South. They are all tied up with duct tape this time.
daddybearforex. com
  • #2,323
  • Jul 31, 2012 8:01am Jul 31, 2012 8:01am
Might want to use some bailing wire as well. These appear to be longhorns so I wouldn't mess around.
  • #2,324
  • Jul 31, 2012 8:03am Jul 31, 2012 8:03am
Quoting DaddyBear
After looking at all TFs, I believe I had a wrong idea trying to catch all the bulls. All I need is catching a few fat bulls. Now they are on my bear truck and I am heading South. They are all tied up with duct tape this time.

  1. Mkt chatter of good AUD demand for fixing interest
  2. Will have to see if enough to take out touted 1.0550 barrier
  3. Decent offering interest sits 1.0540/50, break above accelerates uptrend
  4. Failure to crack 1.0550 ahead of event risk due could see longs take profit
  5. S-T 1.0450 support needs to hold for rally to continue

  • #2,325
  • Jul 31, 2012 8:19am Jul 31, 2012 8:19am
guys, I think poundsterling and euro have done their correction for the week and both are heading north this time, does this mean that aussie will follow through its way north?

http://www.youtube.com/watch?v=-58-36lSqG4
  • #2,326
  • Jul 31, 2012 8:19am Jul 31, 2012 8:19am
Quoting Esssex
http://www.youtube.com/watch?v=XuB7O1gFokA
Are you sure??
  • #2,327
  • Jul 31, 2012 8:29am Jul 31, 2012 8:29am
Im going to play Pro Evolution Soccer 2013 2 or 3 hours...the price action of the AUDUSD is killing me...the bulls call the buffalos,the cows, and all the other animals with horns to stay here for a long time...
  • #2,328
  • Jul 31, 2012 8:30am Jul 31, 2012 8:30am
Quoting irfandbl
guys, I think poundsterling and euro have done their correction for the week and both are heading north this time, does this mean that aussie will follow through its way north?

http://www.youtube.com/watch?v=-58-36lSqG4
Not so fast. The GBP/USD has run smack dab into the cloud just in time for the bearish seasonal/cycle that begins TODAY.
Attached Image (click to enlarge)
Click to Enlarge Name: gbp bear.gif Size: 32 KB
Attached Image
  • #2,329
  • Jul 31, 2012 8:33am Jul 31, 2012 8:33am
When everybody wants to buy - sell it to them.
  • #2,330
  • Jul 31, 2012 8:34am Jul 31, 2012 8:34am
darn bulls just sent my account into a coma...
  • #2,331
  • Jul 31, 2012 8:37am Jul 31, 2012 8:37am
Quoting Itrade24h
Im going to play Pro Evolution Soccer 2013 2 or 3 hours...the price action of the AUDUSD is killing me...the bulls call the buffalos,the cows, and all the other animals with horns to stay here for a long time...


Quoting chiknthief
Not so fast. The GBP/USD has run smack dab into the cloud just in time for the bearish seasonal/cycle that begins TODAY.
I know bro, the bigger TF's trend is obviously down for GBP/USD, but I think it is likely to reach 1.5840 or above before it continues its way down IMHO.
  • #2,332
  • Jul 31, 2012 8:41am Jul 31, 2012 8:41am
Quoting irfandbl




I know bro, the bigger TF's trend is obviously down for GBP/USD, but I think it is likely to reach 1.5840 or above before it continues its way down IMHO.
Anything's possible.
  • #2,333
  • Jul 31, 2012 8:42am Jul 31, 2012 8:42am
Quoting DaddyBear
After looking at all TFs, I believe I had a wrong idea trying to catch all the bulls. All I need is catching a few fat bulls. Now they are on my bear truck and I am heading South. They are all tied up with duct tape this time.

Now, the Bear is trying to figure out how much he can get from the fat Bulls sitting on his truck ...........

Attention: DaddyBear's cartoons are not indicators, please do not apply them to your charts because they won't fit anyway.
Attached Image (click to enlarge)
Click to Enlarge Name: TRUCK.JPG Size: 99 KB
daddybearforex. com
  • #2,334
  • Jul 31, 2012 8:47am Jul 31, 2012 8:47am
Quoting DaddyBear

Now, the Bear is trying to figure out how much he can get from the fat Bulls sitting on his truck ...........

Attention: DaddyBear's cartoons are not indicators, please do not apply them to your charts because they won't fit anyway.
  • #2,335
  • Jul 31, 2012 8:47am Jul 31, 2012 8:47am
Quoting Itrade24h
Im going to play Pro Evolution Soccer 2013 2 or 3 hours...the price action of the AUDUSD is killing me...the bulls call the buffalos,the cows, and all the other animals with horns to stay here for a long time...
Be patient, young man. This is the Forex market not a bullfighting stadium.
daddybearforex. com
  • #2,336
  • Jul 31, 2012 8:48am Jul 31, 2012 8:48am
Quoting chiknthief
$,$$$,$$$,$$$!
daddybearforex. com
  • #2,337
  • Jul 31, 2012 8:51am Jul 31, 2012 8:51am
fed meeting today is the next fundimental in line that could bring the bears out in force... Consumer confidence didn't do the trick... In the meantime, it'll be more of the same.
  • #2,338
  • Jul 31, 2012 8:51am Jul 31, 2012 8:51am
Quoting chiknthief
Anything's possible.
indeed bro, our task now is to figure out which one of those probabilities is more likely to happen..

a. up and then down
b. down and then down more
c. down, up a bit, down again
d. sideways, down, up, sideways again
d. wtf?

  • #2,339
  • Jul 31, 2012 8:52am Jul 31, 2012 8:52am
Quoting chiknthief
When everybody wants to buy - sell it to them.
I think you forgot how the market functions.

The side with the most money moves the price in their favor at the end. If no money joins your side of the market, well good luck.

A better advice would be,

When everybody wants to buy, pause. Look at the reasons why they are buying, check whether the reason they are buying are substantiated.

If so, join in. If not, sell, wait for them to realize that their buying is unsupported and they have made a mistake.

Don't just blindly go against the herd for the sake of going against the herd. Your capital can't move the markets.
  • #2,340
  • Jul 31, 2012 9:07am Jul 31, 2012 9:07am
Quoting Esssex
I think you forgot how the market functions.

The side with the most money moves the price in their favor at the end. If no money joins your side of the market, well good luck.

A better advice would be,

When everybody wants to buy, pause. Look at the reasons why they are buying, check whether the reason they are buying are substantiated.

If so, join in. If not, sell, wait for them to realize that their buying is unsupported and they have made a mistake.

Don't just blindly go against the herd for the sake of going against the herd. Your capital...
EXACTLY !!! Thats why I said earlier that I'm waiting for the imminent daily sell signal. The public is 100% WRONG at every market top and bottom. You can't get better odds than that.
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