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  • #4,181
  • Aug 6, 2012 2:48pm Aug 6, 2012 2:48pm
Quoting DaddyBear
I guess Gen. djambazov84 will hold up his defense lines. I do hope so.

lost a lot of good man though, this has been a
Pyrrhic victory
Attached Image
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #4,182
  • Aug 6, 2012 2:50pm Aug 6, 2012 2:50pm
Where is it most likely Aussie goes from here?

IMO down, possibly a move up to 1.0630 first
Attached Image (click to enlarge)
Click to Enlarge Name: AU-4HR-8-4-2012.jpg Size: 170 KB
Be hopeful in a winning position, and fearful in a losing position.
  • #4,183
  • Aug 6, 2012 2:52pm Aug 6, 2012 2:52pm
Quoting Itrade24h
Yes, target 1.0620 in my system, level 7/8 murrey maths
I hope you can overtake Gen. djambazov84 to reach your target.
daddybearforex. com
  • #4,184
  • Aug 6, 2012 2:58pm Aug 6, 2012 2:58pm
Quoting DaddyBear
I hope you can overtake Gen. djambazov84 to reach your target.
Look the price action at the moment, going down at the close of 1 hour candle, maybe a little bear is here for 10 or 20 pips
  • #4,185
  • Aug 6, 2012 3:02pm Aug 6, 2012 3:02pm
Last night I discussed my ZENguage. Because the Aussie is moving like a turtle now, I'd take this time to go into this topic.

My ZENguage is a language based on the concept of ZEN. It's not ZEN but just using its platform to express my thoughts.

How does ZENguage affect my Forex trading? It makes me understand some issues beyond old schools' teachings. In other words, it let me think outside of the box most time.

Now let's look at the developing of a traders' mindset.

First one is the beginning stage. A newbie trader sees the Bull the way it is even though he is not very sure. He makes some money on his live or demo accounts. [To be continued ........]
Attached Image
daddybearforex. com
  • #4,186
  • Aug 6, 2012 3:20pm Aug 6, 2012 3:20pm
Quoting DaddyBear
Last night I discussed my ZENguage. Because the Aussie is moving like a turtle now, I'd take this time to go into this topic.

My ZENguage is a language based on the concept of ZEN. It's not ZEN but just using its platform to express my thoughts.

How does ZENguage affect my Forex trading? It makes me understand some issues beyond old schools' teachings. In other words, it let me think outside of the box most time.

Now let's look at the developing of a traders' mindset.

First one is the beginning stage. A newbie trader sees the Bull the...
Now, the second one is the middle stage (twilight zone). After making some easy money, the newbie begins to buy trading books, DVD courses or attends seminars. Although he gets to know something he did not know before, in the meantime, he loses his virginity of clear view. He becomes a trader with all kind of thoughts clogging his mind and vision all the time.

He sees a Bull and thinks it's a Bear even though he is not very sure. He loses money again and again on his live accounts. [To be continued ........]
Attached Image
daddybearforex. com
  • #4,187
  • Aug 6, 2012 3:30pm Aug 6, 2012 3:30pm
Quoting DaddyBear
Now, the second one is the middle stage (twilight zone). After making some easy money, the newbie begins to buy trading books, DVD courses or attends seminars. Although he gets to know something he did not know before, in the meantime, he loses his virginity of clear view. He becomes a trader with all kind of thoughts clogging his mind and vision all the time.

He sees a Bull and thinks it's a Bear even though he is not very sure. He loses money again and again on his live accounts. [To be continued ........]
I have gone through these two stages. One of my feet is still stuck in the middle stage sometimes. But, I know what the ultimate stage is and I am going to get there sooner or later.
daddybearforex. com
  • #4,188
  • Aug 6, 2012 3:40pm Aug 6, 2012 3:40pm
hi again -DB-. What are you expecting from AUD during RBA statement tjis morning.
  • #4,189
  • Aug 6, 2012 3:42pm Aug 6, 2012 3:42pm
Quoting DaddyBear
I have gone through these two stages. One of my feet is still stuck in the middle stage sometimes. But, I know what the ultimate stage is and I am going to get there sooner or later.
It's very simple to see which stage you are in. For example, at this point, do you think the Aussie will move up or down? Is this a simple task? You should have an answer now.
daddybearforex. com
  • #4,190
  • Aug 6, 2012 3:46pm Aug 6, 2012 3:46pm
..am thinking it should push a lil higher ! buh I can only put my $$ on short. kinda bullear.... ..IDK
  • #4,191
  • Aug 6, 2012 3:50pm Aug 6, 2012 3:50pm
Quoting desolar
hi again -DB-. What are you expecting from AUD during RBA statement tjis morning.
I try not to predict what is going to happen next. The Aussie is at an ambiguous point. She could move up another 100 pips in no time from here or she may be rejected by the UTL and drops like a rock.

I don't pay too much attention to fundies. If you are not sure about what is going to happen after RBA news, you may have to wait until more candles show up in your chart of larger TFs. IMHO
daddybearforex. com
  • #4,192
  • Aug 6, 2012 3:51pm Aug 6, 2012 3:51pm
Quoting desolar
..am thinking it should push a lil higher ! buh I can only put my $$ on short. kinda bullear.... ..IDK
There is nothing wrong to be a Bullear. Being a Bullear is better than losing the money.
daddybearforex. com
  • #4,193
  • Aug 6, 2012 4:02pm Aug 6, 2012 4:02pm
Quoting DaddyBear
I try not to predict what is going to happen next. The Aussie is at an ambiguous point. She could move up another 100 pips in no time from here or she may be rejected by the UTL and drops like a rock.

I don't pay too much attention to fundies. If you are not sure about what is going to happen after RBA news, you may have to wait until more candles show up in your chart of larger TFs. IMHO
What I am looking at now is a daily chart.

I see one larger Doji engulfs a much smaller Doji formed yesterday.
I also see the delta of 200 SMA and 100 SMA approaches to its upper range.

These two signs mean something behind. But, the real meaning is remained to be seen unless other signs can shed some light at this point. So, this is everyone's due diligence tonight. -IMHO-
daddybearforex. com
  • #4,194
  • Edited 4:33pm Aug 6, 2012 4:09pm | Edited 4:33pm
Quoting DaddyBear
What I am looking at now is a daily chart.

I see one larger Doji engulfs a much smaller Doji formed yesterday.
I also see the delta of 200 SMA and 100 SMA approaches to its upper range.

These two signs mean something behind. But, the real meaning is remained to be seen unless other signs can shed some light at this point. So, this is everyone's due diligence tonight. -IMHO-
DabbyBear once said, "Don't ask what your forum can do for you, but what you can do for your forum." Do you agree?
http://www.forexfactory.com/attachme...3&d=1342935119
http://www.forexfactory.com/attachme...1&d=1344287320
daddybearforex. com
  • #4,195
  • Edited 4:22pm Aug 6, 2012 4:11pm | Edited 4:22pm
Quoting DaddyBear
What I am looking at now is a daily chart.

I see one larger Doji engulfs a much smaller Doji formed yesterday.
I also see the delta of 200 SMA and 100 SMA approaches to its upper range.

These two signs mean something behind. But, the real meaning is remained to be seen unless other signs can shed some light at this point. So, this is everyone's due diligence tonight. -IMHO-

Elite guard held on the reconnaissance team, hopefully no prisoners have been taken

another h1 bear batallion is now manning the front towers and re organizing the 1.0570 defense, i am seeing some bearish h1 candles
a small bullish squad is wondering in the nearby fields of 1.0535, we need to take these early weak defenses out, in order to let supplies come in from a nearby occupied settlement
Attached Image (click to enlarge)
Click to Enlarge Name: aud_d1possiblesupply1.jpg Size: 100 KB
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #4,196
  • Aug 6, 2012 4:15pm Aug 6, 2012 4:15pm
Quoting djambazov84
Elite guard held on the reconnaissance team, hopefully no prisoners have been taken

another h1 bear batallion is now manning the front towers and re organizing the 1.0570 defense, i am seeing some bearish h1 candles
a small bullish squad is wondering in the nearby fields of 1.0535, we need to take these early weak defenses out, in order to let supplies come in from a nearby occupied settlement
So, Gen. djambazov84, what is your take on RBA decision tonight?
daddybearforex. com
  • #4,197
  • Aug 6, 2012 4:19pm Aug 6, 2012 4:19pm
Quoting DaddyBear
So, Gen. djambazov84, what is your take on RBA decision tonight?

RBA decision could be both dovish or hawkish, thing that is important is whether the battalions have already been dispatched and air strikes have been called in to get rid of invader swarms. Only 800 guerrilla question in the room is whether bearish strike force ammunition comes in enough. If otherwise, all hope is gone and carry trade will march through.
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #4,198
  • Aug 6, 2012 4:31pm Aug 6, 2012 4:31pm
Quoting DaddyBear
So, Gen. djambazov84, what is your take on RBA decision tonight?
1.05

Nice work and interesting thread
  • #4,199
  • Aug 6, 2012 4:39pm Aug 6, 2012 4:39pm
Quoting egkid
1.05

Nice work and interesting thread
Welcome egkid! Long time no "see". So, your take is 1.05 tonight. Can I bargain with you for a lower number?
daddybearforex. com
  • #4,200
  • Aug 6, 2012 5:04pm Aug 6, 2012 5:04pm
Quoting DaddyBear
Welcome egkid! Long time no "see". So, your take is 1.05 tonight. Can I bargain with you for a lower number?
Sure but what TF
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