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Aussie Trading Room and Cartoons Gallery

  • #4,081
  • Aug 6, 2012 2:43am Aug 6, 2012 2:43am
Quoting 2+2=4ex
This is the cereal the bears ate for breakfast...
...and instead of milk they used bull blood.
Attached Image (click to enlarge)
Click to Enlarge Name: aus flakes w bull blood.png Size: 7 KB
  • #4,082
  • Aug 6, 2012 2:49am Aug 6, 2012 2:49am
Quoting DaddyBear
Wow! Cannot breathe ..........
If there was easy money lying around,no one would be forcing it into your
  • #4,083
  • Aug 6, 2012 3:04am Aug 6, 2012 3:04am
We just had a breakout trade at the 1.0560s... Did anyone trade it?
  • #4,084
  • Aug 6, 2012 3:10am Aug 6, 2012 3:10am
Quoting DonL
We just had a breakout trade at the 1.0560s... Did anyone trade it?
I had a sell trade going but just exited with a nice profit
  • #4,085
  • Aug 6, 2012 3:23am Aug 6, 2012 3:23am
Quoting WendyG
I had a sell trade going but just exited with a nice profit
Good job Wendy.
  • #4,086
  • Aug 6, 2012 3:33am Aug 6, 2012 3:33am
I have a question for all the experienced traders on this forum including Papa Pear.

Have you ever traded using Binary Options?? I just came across a site called trading247.com has anyone used that website before and so what was your experience like with them??

Also is it more riskier or better to trade Binary options? seems you can make a big return!

Any advice will be greatly appreciated.
  • #4,087
  • Edited 4:06am Aug 6, 2012 3:51am | Edited 4:06am
Quoting WendyG
I had a sell trade going but just exited with a nice profit
Good going Wendy! I took the short at 1.0560 as well and wondering if anyone was interested a in posting of the entry criteria and the price action to look for when taking it?
  • #4,088
  • Aug 6, 2012 3:58am Aug 6, 2012 3:58am
Hi all,

re-entered long @ 1.05439

lets see if we can get up to 1.0580 for a starter

if 1.0550 can hold this time

happy trading
Attached Image (click to enlarge)
Click to Enlarge Name: Chart_AUD_USD_5 Mins_snapshot.jpg Size: 78 KB
  • #4,089
  • Aug 6, 2012 4:17am Aug 6, 2012 4:17am
Quoting DaddyBear
Welcome shenkw85. You may look at everybody's posts and come to a conclusion for yourself. This is not an easy decision to be made. But, one thing I am sure is that no matter how high an airplane can fly to, it has to come down and land on an airport sooner or later. -DB- IMHO
Thank you DB
I will sure look deeper in to the chart contributed by all the seniors
Thanks
  • #4,090
  • Aug 6, 2012 4:26am Aug 6, 2012 4:26am
Do you guys think that if they keep the interest rate unchanged tomorrow, Aussie will immediately bounce higher? I look back in some Rate statement before but confused because they different in the same situation
  • #4,091
  • Aug 6, 2012 4:39am Aug 6, 2012 4:39am
Quoting DaddyBear
Welcome aboard, genereal! Market is really acting unpredictable but it has a habit to repeat what it has done before. Have a nice trading day in Nigeria! -DB-
Thanks.....Myself and my friends always look forward to hearing your say on the market...lol..thanks all the way.
  • #4,092
  • Aug 6, 2012 4:52am Aug 6, 2012 4:52am
What we can expect of the RBA Interest Rate Decision?
  • #4,093
  • Aug 6, 2012 4:56am Aug 6, 2012 4:56am
Quoting Itrade24h
What we can expect of the RBA Interest Rate Decision?
The central bank is widely expected to keep rates steady at 3.5 percent following cuts in May and June [AU/INT], with interbank futures <0#YIB:> implying only a one-in-ten chance of a cut to 3.25 pct this week.

Just read that on news feed .
  • #4,094
  • Aug 6, 2012 5:11am Aug 6, 2012 5:11am
Quoting salt
Do you guys think that if they keep the interest rate unchanged tomorrow, Aussie will immediately bounce higher? I look back in some Rate statement before but confused because they different in the same situation
The AUD is normally kept in check by commodity prices, but is now moving out of sink with them due in part to central banks upping their reserves held in AUD in favor of the failing EUR. The RBA will at some point have to lower the interest rate to try and curve the strengthening of the Aussie because it is not helping exports or tourism although they might just see if we get any bad data out of China this week, which will bring the Aussie down
Some people say I'm lucky, but the more I practice the luckier I get
  • #4,095
  • Aug 6, 2012 5:17am Aug 6, 2012 5:17am
Quoting supertubes
The central bank is widely expected to keep rates steady at 3.5 percent following cuts in May and June [AU/INT], with interbank futures <0#YIB:> implying only a one-in-ten chance of a cut to 3.25 pct this week.

Just read that on news feed .
Perhaps 10% of rate cut makes some people took their profit from long and fresh buy will only come after tomorrow.
  • #4,096
  • Edited 6:10am Aug 6, 2012 5:58am | Edited 6:10am
Quoting Daytrader74
I have a question for all the experienced traders on this forum including Papa Pear.

Have you ever traded using Binary Options?? I just came across a site called trading247.com has anyone used that website before and so what was your experience like with them??

Also is it more riskier or better to trade Binary options? seems you can make a big return!

Any advice will be greatly appreciated.
Let me post my previous message again to answer your question.
Quoting DaddyBear
Regarding the SL, I do have other thoughts to share with everyone here. Besides spot Forex market, there is a Forex binary options market.
I have studied this market during the past. The binary options have built-in SL when you enter the trade. You know how much you would make and lose beforehand.

However, I have noticed most brokers of this market are similar to the operators of casinos. The only one I have traded is Nadex. This is the only one in the US and I believe it's the only one I can trust. I had some successes and some failures so far. When I made it, the RR is about 2000%. If I lose, the damages are 100% but every contract only cost me $5.

Although the profit potential is high, this market has proved it's a much tougher instrument to trade. The issue is the TIME. Sometimes I made 2000% in just a few hours. By the same token, time is also a killer to take all my money.

Binary options put a trader's capacity to a real test. The judgement, timing and projection must be all put together to make it work.

Each failure leads me to understand when the market is peaked and how the news affect the market.

This is another subject, I may have to set up another thread to explore the potential of binary options. FYI only.
daddybearforex. com
  • #4,097
  • Aug 6, 2012 6:03am Aug 6, 2012 6:03am
Quoting 2+2=4ex
...and instead of milk they used bull blood.
Do you have the recipe?
daddybearforex. com
  • #4,098
  • Aug 6, 2012 6:22am Aug 6, 2012 6:22am
Just a question, bernanke will be speaking in an hour n half... Will the dollar strengthen?
  • #4,099
  • Aug 6, 2012 6:30am Aug 6, 2012 6:30am
Quoting DaddyBear
While the Bull was stuck between two rocks, the Bear brought more firewood to heat up the pot .....
After falling through between two rocks, the Bull became a cliffhanger .....

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: RAGING BULL-10.JPG Size: 45 KB
daddybearforex. com
  • #4,100
  • Aug 6, 2012 6:36am Aug 6, 2012 6:36am
Quoting DaddyBear
After falling through between two rocks, the Bull became a cliffhanger .....

Attention: DaddyBear's cartoons are not indicators, please do not apply them to your charts because they won't fit anyway.
bernanke speech may make bull fall into hot water,what you think?
thanks
Sometimes it's better to be wrong,to learn..
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