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Aussie Trading Room and Cartoons Gallery

  • #2,861
  • Aug 1, 2012 1:21pm Aug 1, 2012 1:21pm
Quoting chiknthief
Looks like the AUG 1st KICK DOWN cycle is here.

With ECB (QE) easing tomorrow the KICK DOWN will only accelerate.
  • #2,862
  • Aug 1, 2012 1:22pm Aug 1, 2012 1:22pm
that was a thrill ride!
There are those who know, and there are those who don't know.
  • #2,863
  • Aug 1, 2012 1:22pm Aug 1, 2012 1:22pm
WHAT in blazes...this had better not be one of them bulls tricks
  • #2,864
  • Aug 1, 2012 1:22pm Aug 1, 2012 1:22pm
ok so I just went to make a pot of tea and came back to the screen and 0.0 wtf just happened . ...
  • #2,865
  • Aug 1, 2012 1:23pm Aug 1, 2012 1:23pm
Took profit for 60 pips, erased the bad taste from my mouth last week when super mario brought me to stop loss.

I'm not convinced it'll fall much further from here with the Euro decision still on the horizon.
  • #2,866
  • Aug 1, 2012 1:23pm Aug 1, 2012 1:23pm
Quoting supertubes
ok so I just went to make a pot of tea and came back to the screen and 0.0 wtf just happened . ...
It went Kablooe!!
There are those who know, and there are those who don't know.
  • #2,867
  • Aug 1, 2012 1:24pm Aug 1, 2012 1:24pm
sold again!! Lets take one more ride.
There are those who know, and there are those who don't know.
  • #2,868
  • Aug 1, 2012 1:24pm Aug 1, 2012 1:24pm
Quoting palabara
It went Kablooe!!
Well yea ... everything has but why
  • #2,869
  • Aug 1, 2012 1:25pm Aug 1, 2012 1:25pm
Quoting supertubes
Well yea ... everything has but why
This was the most anticipated announcement waiting for 2 days.. everyone Acted.. quickly. Like QUICKLY! I rode this thing up and down.
There are those who know, and there are those who don't know.
  • #2,870
  • Aug 1, 2012 1:25pm Aug 1, 2012 1:25pm
Quoting palabara
This was the most anticipated announcement waiting for 2 days.. everyone Acted.. quickly. Like QUICKLY! I rode this thing up and down.
and now down again.
There are those who know, and there are those who don't know.
  • #2,871
  • Aug 1, 2012 1:25pm Aug 1, 2012 1:25pm
Well, I got stopped out. No biggie. I will catch the next ride.
  • #2,872
  • Aug 1, 2012 1:26pm Aug 1, 2012 1:26pm
Now to let it settle..
There are those who know, and there are those who don't know.
  • #2,873
  • Aug 1, 2012 1:26pm Aug 1, 2012 1:26pm
Friends, what can be a good Take profit? 1.04? I have in mind 1.0253, but maybe im very optimistic
  • #2,874
  • Aug 1, 2012 1:28pm Aug 1, 2012 1:28pm
Quoting Itrade24h
Friends, what can be a good Take profit? 1.04? I have in mind 1.0253, but maybe im very optimistic
10374 is weekly pivot
  • #2,875
  • Aug 1, 2012 1:28pm Aug 1, 2012 1:28pm
Quoting Itrade24h
Friends, what can be a good Take profit? 1.04? I have in mind 1.0253, but maybe im very optimistic
I'd be careful until the ECB decision is out tomorrow. You almost certainly won't make it to 1.0253 before then.
  • #2,876
  • Aug 1, 2012 1:29pm Aug 1, 2012 1:29pm
Ok, I'm calming down.. *coming back to earth* Ok.. I am good
There are those who know, and there are those who don't know.
  • #2,877
  • Aug 1, 2012 1:30pm Aug 1, 2012 1:30pm
Quoting Itrade24h
Friends, what can be a good Take profit? 1.04? I have in mind 1.0253, but maybe im very optimistic
See if it breaks the weekly support at 1.0450 and then place your TP at 1.0350. Maybe 1.0250 by next week.

If Darghi stays put like the FED, we may see 1.0090 level sometime in next couple of weeks. Correct me if I am wrong.
  • #2,878
  • Aug 1, 2012 1:31pm Aug 1, 2012 1:31pm
OK im out, I am done! 3 times.. good excellent..
There are those who know, and there are those who don't know.
  • #2,879
  • Aug 1, 2012 1:33pm Aug 1, 2012 1:33pm
I'd follow it with a trailing stop. Let the market decide when to get you out. This could go a long way down over the next several weeks.
  • #2,880
  • Aug 1, 2012 1:34pm Aug 1, 2012 1:34pm
Quoting palabara
OK im out, I am done! 3 times.. good excellent..
Congrats
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