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Aussie Trading Room and Cartoons Gallery

  • #3,661
  • Aug 3, 2012 2:45am Aug 3, 2012 2:45am
Quoting desolar
..current 1hr kumo break-out still whispers ..bullish.. to me
Not on M15. Might be a fake break out. IMHO.
  • #3,662
  • Aug 3, 2012 2:51am Aug 3, 2012 2:51am
here's what i'm watching now... power nap time...see ya at 1.0520 if it get there...M15


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  • #3,663
  • Aug 3, 2012 2:57am Aug 3, 2012 2:57am
Quoting petehnm
I was once told here on this thread..... it's not being greedy if you now what your doing......your almost there.......well done...
I know I have been chastised a little for using tight stop losses but last year I learned so much from a trader named VennD about watching for precise pressure points, which we just hit BTW at 1.0505, to exit the long.

This mornings trade that palabara called, made so much sense that couldn't help but join it with a small SL. Closed it tonight at 1.0505. I couldn't be here through all of the day to observe the trade so traded mini lots and left TP open.

Checked it at lunch time and moved SL to breakeven. So nice to see profits, be it ever so small over the day.
  • #3,664
  • Aug 3, 2012 3:36am Aug 3, 2012 3:36am
Just got out. Awaiting NFP.
  • #3,665
  • Aug 3, 2012 3:59am Aug 3, 2012 3:59am
history will repeat itself


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  • #3,666
  • Aug 3, 2012 4:40am Aug 3, 2012 4:40am
Possible H&S on H1?
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  • #3,667
  • Aug 3, 2012 5:45am Aug 3, 2012 5:45am
Hope I don't get fuc*** over during the NFP !! I still have 2 open losing positions...
  • #3,668
  • Aug 3, 2012 6:30am Aug 3, 2012 6:30am
Quoting mattheweston
thoughts?
http://www.forexfactory.com/attachme...1&d=1343964240
mattheweston did see what would happen last night. good job!
daddybearforex. com
  • #3,669
  • Aug 3, 2012 6:48am Aug 3, 2012 6:48am
Hey papa, please give us some wise words that will save us today. Should we hold short by now?
  • #3,670
  • Aug 3, 2012 6:52am Aug 3, 2012 6:52am
Quoting Daytrader74
Hope I don't get fuc*** over during the NFP !! I still have 2 open losing positions...
Long or short?


Remember all, bulls make money, bears make money, chickens get slaughtered.
  • #3,671
  • Aug 3, 2012 7:11am Aug 3, 2012 7:11am
Anyone know what effect NFP would have on GOLD?
  • #3,672
  • Aug 3, 2012 7:13am Aug 3, 2012 7:13am
Quoting HotBiscuits
Long or short?


Remember all, bulls make money, bears make money, chickens get slaughtered.
Short
  • #3,673
  • Aug 3, 2012 7:15am Aug 3, 2012 7:15am
Wow... Wake up this morning I saw I should have held on to my long. A 7 pip win could have been a 40 pip win. Oh well... On the plus side, recognizing the turn to bull saved me 30 pips in loses yesterday afternoon. All in all, I'll consider that a win.

I'm hoping this report this morning can get the market moving 1 way or another for good. I don't even care which way. Just get out of this ranging BS.
  • #3,674
  • Aug 3, 2012 7:33am Aug 3, 2012 7:33am
163K+ Good jobs number = no QE3, but unemployment rate is still high 8.3%

Let's see if AUD breaks the 1.0430 level by end of today or by monday.
  • #3,675
  • Aug 3, 2012 7:42am Aug 3, 2012 7:42am
the numbers are contradicting, good employment data so far, but higher unemployment rate, everywhere is mixed. up and down like crazy for awhile...
  • #3,676
  • Aug 3, 2012 7:44am Aug 3, 2012 7:44am
won't do anything today, wait for next week
  • #3,677
  • Aug 3, 2012 7:44am Aug 3, 2012 7:44am
I have a short placed at 1.0496....I have a feeling we're on our way down.
Good luck and may the odds be ever in your favor!
  • #3,678
  • Aug 3, 2012 7:45am Aug 3, 2012 7:45am
FUCKI
  • #3,679
  • Aug 3, 2012 7:45am Aug 3, 2012 7:45am
Quoting dbutton1990
I have a short placed at 1.0496....I have a feeling we're on our way down.
but it's still going up, don't you see?
  • #3,680
  • Aug 3, 2012 7:46am Aug 3, 2012 7:46am
Quoting 5percent
the numbers are contradicting, good employment data so far, but higher unemployment rate, everywhere is mixed. up and down like crazy for awhile...
I'm reading it as better than forcasted job creation, but still not enough jobs were created to offset the number of people entering the workforce, therefore the unemp rate went up.

I'm thinking no QE3 for now... They will prob wait till see if the number of jobs continues to improve before deciding.

But then again, Ben has his own mind, and might do something just to spite me...
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