Aussie Trading Room and Cartoons Gallery | Page 225 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading Cartoons and Pics 2,832 replies

EUR/USD Trading Room 328 replies

Do The Trading Room 20 replies

Attachments: Aussie Trading Room and Cartoons Gallery
Exit Attachments

Aussie Trading Room and Cartoons Gallery

  • #4,481
  • Aug 7, 2012 1:37pm Aug 7, 2012 1:37pm
Quoting DaddyBear
I guess the answer would be only one out of one thousand people will realize what it really is in the end. All you need is just one book. Nothing more and nothing less. When a person realizes it is what it is then that time will come.
You see the problem is that EWP is like a beautiful diamond in a rock. However, most people would think it's better just get some cheap gems in the convenience stoes rather than putting up efforts to uncover this beautiful diamond. But hey, it is everybody's decision, I shall respect it.
daddybearforex. com
  • #4,482
  • Aug 7, 2012 1:38pm Aug 7, 2012 1:38pm
Quoting palabara
I teach students, I give them the basic run down of ewp, and then tell me id yoy want to learn morw get a book and start reading.
I'd say it takes a master to teach EWP in my humble opinion.
daddybearforex. com
  • #4,483
  • Aug 7, 2012 1:39pm Aug 7, 2012 1:39pm
Quoting DaddyBear
You see the problem is that EWP is like a beautiful diamond in a rock. However, most people would think it's better just get some cheap gems in the convenience stoes rather than putting up efforts to uncover this beautiful diamond. But hey, it is everybody's decision, I shall respect it.
ok...the stuff you say sometimes db..
There are those who know, and there are those who don't know.
  • #4,484
  • Aug 7, 2012 1:58pm Aug 7, 2012 1:58pm
DAMNNNNNNNNNNNNNNNN!!!!! Cant broke 1.0550!!!
  • #4,485
  • Aug 7, 2012 2:10pm Aug 7, 2012 2:10pm
Don't know if anyone already posted this, but looks interesting:
http://www.dailyfx.com/forex/technical/article/forex_correlations/2012/08/07/australian_dollar_forecast_top_but_when.html
  • #4,486
  • Aug 7, 2012 2:33pm Aug 7, 2012 2:33pm
That 1550 level

What happened the 30 billion dollar man

Please get him to do a sell right about now

My shorts are sitting below

Keeping watching EUR/US if that goes up 12450 etc

Then AUS/US will follow

This is how I end up on the wrong side off these waves

Entering trades in all the wrong places

please tell the markets that I have a day job

an its really important that we go down about a 100 pips
  • #4,487
  • Aug 7, 2012 3:23pm Aug 7, 2012 3:23pm
Quoting eliteincome
That 1550 level

What happened the 30 billion dollar man

Please get him to do a sell right about now

My shorts are sitting below

Keeping watching EUR/US if that goes up 12450 etc

Then AUS/US will follow

This is how I end up on the wrong side off these waves

Entering trades in all the wrong places

please tell the markets that I have a day job

an its really important that we go down about a 100 pips
To protect our newbies, he was deported to an island where he can get some brokers to sign up new trading accounts with his brokerage firm.
daddybearforex. com
  • #4,488
  • Aug 7, 2012 3:35pm Aug 7, 2012 3:35pm
Quoting Davit
DB as you know I am a rookie trying to learn and I won't pretend otherwise.
as you say EW is the real force then could you elaborate on your experience what wave are we?
And when you measure the wave what time frame are you using.Thank you
Here's a free guide and also a free online edition of Prechter's book on EWT, if you are interested.

http://www.tradersdaytrading.com/elliott-wave-theory.html


Quoting DaddyBear
I guess the answer would be only one out of one thousand people will realize what it really is in the end. All you need is just one book. Nothing more and nothing less. When a person realizes it is what it is then that time will come.
That's correct: "it is what it is" and in the end it's simpler than it may seem if we avoid getting lost in the myriad of waves and sub-waves and micro-waves ... and just focus on what is moving the markets at a given point in time and how does it show. Less of wave counting and more of bare market psychology = human nature (markets may have evolved and expanded ... but human nature remains the same throughout centuries on and on ... ).
  • #4,489
  • Aug 7, 2012 3:51pm Aug 7, 2012 3:51pm
It's slow moving time again. Let me post something to kill your time.

What is "It is what it is."?

Is this question related to Forex trading? It depends on who you are and how you think. I will provide an answer at the end of this message. Let me use an analogy to explain what it is.

A master asked his most intelligent disciple to lead others to learn how to realize master's principle. In the end, everyone realized what it is except this disciple. According to the rule, he must be executed. Right before the execution, he cried. The master asked him why. He replied to the master, "I realized your principle. It is what it is."

Now, what if someone told you the most important thing in trading the Forex market is knowing how to click on the buy or sell button on the monitor?

Next, what if someone told you the most important thing in trading the Forex market is knowing how to draw trend lines or understanding R/S?

I believe you should have your own answer instead of mine now. Thanks. -DB-
daddybearforex. com
  • #4,490
  • Aug 7, 2012 3:55pm Aug 7, 2012 3:55pm
Quoting doblece
Here's a free guide and also a free online edition of Prechter's book on EWT, if you are interested.

http://www.tradersdaytrading.com/elliott-wave-theory.html




That's correct: "it is what it is" and in the end it's simpler than it may seem if we avoid getting lost in the myriad of waves and sub-waves and micro-waves ... and just focus on what is moving the markets at a given point in time and how does it show. Less of wave counting and more of bare market psychology = human nature (markets may have evolved and expanded ... but...
Yes. That is the only EWP book he will need in my opinion.
daddybearforex. com
  • #4,491
  • Aug 7, 2012 4:04pm Aug 7, 2012 4:04pm
Hey DB, new here but great thread.

Cartoons fantastic


Ive been watching this upwards 4h channel for a while now waiting for the bearish move back towards the bottom/lower trendline and with todays high struggling to break and sustain the move above the 1.0600 physc level you think this is potentially the start of the move??
  • #4,492
  • Aug 7, 2012 4:10pm Aug 7, 2012 4:10pm
Quoting Freshpips
Hey DB, new here but great thread.

Cartoons fantastic


Ive been watching this upwards 4h channel for a while now waiting for the bearish move back towards the bottom/lower trendline and with todays high struggling to break and sustain the move above the 1.0600 physc level you think this is potentially the start of the move??

Based on this article, the move may be in progress as we speak.

Quoting NYForexer
Don't know if anyone already posted this, but looks interesting:
http://www.dailyfx.com/forex/technical/article/forex_correlations/2012/08/07/australian_dollar_forecast_top_but_when.html
  • #4,493
  • Aug 7, 2012 4:13pm Aug 7, 2012 4:13pm
Quoting Freshpips
Hey DB, new here but great thread.

Cartoons fantastic


Ive been watching this upwards 4h channel for a while now waiting for the bearish move back towards the bottom/lower trendline and with todays high struggling to break and sustain the move above the 1.0600 physc level you think this is potentially the start of the move??
Welcome Freshpips! To answer your question without your chart, I have to use two earlier posted messages.

Quoting DaddyBear
The manager asked the Bull to leave the stage. In the meantime, the audience was given a triangle in return for their encores. -DB-

http://www.forexfactory.com/attachme...1&d=1344176569
Quoting doblece
Good morning traders! My trip was cancelled so I'm still here.

http://www.forexfactory.com/attachme...1&d=1344349733

Finally H4 wedge breaking, projection to 1.0430/1.0417, with most probably a correction and retest of the break when reaching 1.0520.

Now, coffee.
daddybearforex. com
  • #4,494
  • Aug 7, 2012 4:22pm Aug 7, 2012 4:22pm
Quoting mattheweston
Based on this article, the move may be in progress as we speak.

Thanks dude
  • #4,495
  • Aug 7, 2012 4:25pm Aug 7, 2012 4:25pm
Quoting DaddyBear
Welcome Freshpips! To answer your question without your chart, I have to use two earlier posted messages.

Thanks DB, my apologies for making you repeat yourself - I wasnt reading earlier!
I'm Hoping for a strong selloff next day or two then, been quite choppy last few days.

Finished drawing my lines for the moment, off for the night.

Shall make sure I tune into tomorrow.

Cheers and green pips to you.
  • #4,496
  • Aug 7, 2012 4:29pm Aug 7, 2012 4:29pm
Quoting Freshpips
Thanks DB, my apologies for making you repeat yourself - I wasnt reading earlier!
I'm Hoping for a strong selloff next day or two then, been quite choppy last few days.

Finished drawing my lines for the moment, off for the night.

Shall make sure I tune into tomorrow.

Cheers and green pips to you.
Same to you.
daddybearforex. com
  • #4,497
  • Edited 5:01pm Aug 7, 2012 4:50pm | Edited 5:01pm
I can see a brotherhood/sisterhood is building up within our forum now. I see members help other members.

This is the culture we shall establish and maintain. This culture is the way we live in this forum. We shall denounce those uncivilized fighting happening in other forums day in and day out.

Regardless of whether you are a bull, a bear, a bullear or anything in between, we shall respect others' opinions because those opinions are the stepping stones to your success.

Getting counterweights of your own views is healthy most time in my opinion. An elevator in a highrise building cannot run to the highest level without a counterweight.

Bragging one's achievements is within the freedom of speech.
However, praising others' successes is even better.
Furthermore, comforting those failed is the best.

Now, let's go for the green pips together!
Attached Image (click to enlarge)
Click to Enlarge Name: AVATAR-H.JPG Size: 59 KB
daddybearforex. com
  • #4,498
  • Aug 7, 2012 5:17pm Aug 7, 2012 5:17pm
Seems to me, there is no major news until Aug. 9. So, where is the Aussie going to? I don't think she is going to stay at this level until that time. According to some bull members' view last night she will hit 1.07xxx in no time. But, it has not happened yet. So what is next?
daddybearforex. com
  • #4,499
  • Aug 7, 2012 5:24pm Aug 7, 2012 5:24pm
From what I saw in this forum. some people including myself make the same mistake again and again. I call this mistake, "Picking up one penny and losing one hundred". Do you belong to that group?

http://www.forexfactory.com/attachme...1&d=1343713846
daddybearforex. com
  • #4,500
  • Aug 7, 2012 5:33pm Aug 7, 2012 5:33pm
Oh man, this cartoon pictures me perfectly! I hate to admit it, but for the last week that's exactly what I was doing. I try not to do that, but sometimes greed just grabs my throat so much that I end up losing more than $100 for a penny

Quoting DaddyBear
From what I saw in this forum. some people including myself make the same mistake again and again. I call this mistake, "Picking up one penny and losing one hundred". Do you belong to that group?

http://www.forexfactory.com/attachme...1&d=1343713846
17 traders viewing now