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Aussie Trading Room and Cartoons Gallery

  • #4,681
  • Aug 8, 2012 7:20am Aug 8, 2012 7:20am
Quoting chiknthief
NOT the Daily NEWS
There is a deeply ingrained belief that markets respond to News and hence whole tribes of journos are tasked with parsing the News each day to find something supportive of market moves after the fact. This basic assumption is not only 'not' true, but is quite contrary to reality.
THen what is the truth in your opinion?
  • #4,682
  • Aug 8, 2012 7:25am Aug 8, 2012 7:25am
Quoting NYForexer
THen what is the truth in your opinion?

DC is the truth
  • #4,683
  • Aug 8, 2012 7:34am Aug 8, 2012 7:34am
All of these great trades are ascribed to Draghi's statement on behalf of the ECB which came at around 7 PM US ET on Thursday. That is about 36 hours after the DC trade signals for Thursday were posted. Get the picture? Markets do what markets do and News follows the markets. Draghi's comments may have gone to quantum, but the turn signals were yodelling much earlier. The ability to create turn signals before the rest of the world sees them is the essence of trading at the DC.
Some of the results from last week's trading on our usual daily close-to-close basis:
DX Sell +735
ES +20.50
DAX +158
NQ +30.75
Aussie SPI +21
CAD-JPY +77
EUR-JPY +112
EUR-USD +146
GBP-JPY +160
USD-INR +663
NZD-JPY +82
NZD-USD +99
GBP-USD +191
Nice enough!!
  • #4,684
  • Aug 8, 2012 7:38am Aug 8, 2012 7:38am
can u simplify it what dc.

anyway, aud is really lame again, another boring range day, so far only 40 pips range that's pathetic, compared to eu and gu .

maybe summer really sucks for Forex.
  • #4,685
  • Aug 8, 2012 7:42am Aug 8, 2012 7:42am
I wish to give credit to doblece. She was right on. Yesterday she suggested selling a rally at 10575. Its almost got there. The fact that it failed a slight bit lower than 10575 (3 pips) is very bearish. It coincides with the DC number at 10576. Amazing !
  • #4,686
  • Aug 8, 2012 7:53am Aug 8, 2012 7:53am
10576 - knocking on the door again. Will it turn ?
  • #4,687
  • Aug 8, 2012 7:56am Aug 8, 2012 7:56am
does anyone knows where FOREXLIVE gets the numbers of th ORDERSBOARD?
  • #4,688
  • Aug 8, 2012 8:01am Aug 8, 2012 8:01am
Quoting chiknthief
All of these great trades are ascribed to Draghi's statement on behalf of the ECB which came at around 7 PM US ET on Thursday. That is about 36 hours after the DC trade signals for Thursday were posted. Get the picture? Markets do what markets do and News follows the markets. Draghi's comments may have gone to quantum, but the turn signals were yodelling much earlier. The ability to create turn signals before the rest of the world sees them is the essence of trading at the DC.
Some of the results from last week's trading on our usual daily close-to-close...
Good numbers, but can you tll us what is DC?
  • #4,689
  • Aug 8, 2012 8:11am Aug 8, 2012 8:11am
Quoting NYForexer
Good numbers, but can you tll us what is DC?
Daniel Code............... http://www.thedanielcode.com/display.php?nav=news
  • #4,690
  • Aug 8, 2012 8:19am Aug 8, 2012 8:19am
It hit 10576. Now look for signs of a reversal. If not a reversal it may accelerate upward to the next DC number 10644
  • #4,691
  • Aug 8, 2012 8:44am Aug 8, 2012 8:44am
Quoting Moova
Hi everyone,
Yes, guilty of lurking
Just getting back into FX trading, and enjoying this forum. I think we will see some action tomorrow. Thanks for informative & entertaining posts.
Much to learn, but making progress.
Hello, Moova! From lurking to posting, good for you! -DB-
daddybearforex. com
  • #4,692
  • Aug 8, 2012 8:48am Aug 8, 2012 8:48am
Quoting lafedgar
does anyone knows where FOREXLIVE gets the numbers of th ORDERSBOARD?
Welcome lafedgar, my Mexican friend! -DB-
daddybearforex. com
  • #4,693
  • Aug 8, 2012 8:58am Aug 8, 2012 8:58am
Quoting DaddyBear
I have been very obsessed by the gargoyles of medieval era buildings. Here is my version of the Bull gargoyle.
Waking up and see this Bull gargoyle growing bigger. Now, the water will be thrown away even further.

In the meantime, there is a danger that this Bull gargoyle may break away from the roof and falls apart later. If you are standing below this gargoyle and hoping it keeps growing bigger, may be you have to ..........
daddybearforex. com
  • #4,694
  • Aug 8, 2012 9:01am Aug 8, 2012 9:01am
Morning DB
If there was easy money lying around,no one would be forcing it into your
  • #4,695
  • Aug 8, 2012 9:06am Aug 8, 2012 9:06am
Quoting DaddyBear
Waking up and see this Bull gargoyle growing bigger. Now, the water will be thrown away even further.

In the meantime, there is a danger that this Bull gargoyle may break away from the roof and falls apart later. If you are standing below this gargoyle and hoping it keeps growing bigger, may be you have to ..........
This is what I see .........
Attached Image (click to enlarge)
Click to Enlarge Name: GARGOYLE-2.JPG Size: 96 KB
daddybearforex. com
  • #4,696
  • Aug 8, 2012 9:07am Aug 8, 2012 9:07am
Quoting FXMindset
Morning DB
Morning FXM.
daddybearforex. com
  • #4,697
  • Aug 8, 2012 9:08am Aug 8, 2012 9:08am
Quoting DaddyBear
Welcome lafedgar, my Mexican friend! -DB-
Hi DB!! thanks. I heard that there is some places where you can have access to Orders Board. Most of those sites you have to pay. What do you think? The numbers of Forexlive are generated for a technical view of one person or is an actual Orderboard.
  • #4,698
  • Aug 8, 2012 9:08am Aug 8, 2012 9:08am
Quoting DaddyBear
Morning FXM.
How's life DB ? everything well ?
If there was easy money lying around,no one would be forcing it into your
  • #4,699
  • Aug 8, 2012 9:12am Aug 8, 2012 9:12am
Quoting lafedgar
Hi DB!! thanks. I heard that there is some places where you can have access to Orders Board. Most of those sites you have to pay. What do you think? The numbers of Forexlive are generated for a technical view of one person or is an actual Orderboard.
Sorry, I am not familiar with either Forexlive or Orderboard at all. FF has a rule that no commercial is allowed so does our forum. I hope your message is not a commercial.
daddybearforex. com
  • #4,700
  • Aug 8, 2012 9:15am Aug 8, 2012 9:15am
Quoting FXMindset
How's life DB ? everything well ?
So far so good but the Summer heat in my area plus the high humidity are not good for DaddyBear.
daddybearforex. com
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