Aussie Trading Room and Cartoons Gallery | Page 306 | 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

  • #6,101
  • Aug 15, 2012 5:51pm Aug 15, 2012 5:51pm
What I am saying is we all know the "building boom" in China (financed by the Chinese gov't more than real demand) will eventually slow and their need for Aussie copper, coal, nat. gas will diminish. We all know things are not really that great in the US, the stock market is just propped up by the hope of QE 3. Plus, as Europe falls into recession, the need for commodities will diminish. Australia's strenght was built largely on the building boom of the 2000s. I still think they have a strong economy, but they are more likely to lower interest rates than raise them over the next couple years, hence, the end of the carry trade (at least against the USD, still pretty good against the yen.)
  • #6,102
  • Aug 15, 2012 5:51pm Aug 15, 2012 5:51pm
Quoting Hookem28
Nobody gives a chit about your dumps. Give it a rest.
hookem28,

it was in jest and harmless...
Wooooohooooo or Boooooohooooo
  • #6,103
  • Aug 15, 2012 6:11pm Aug 15, 2012 6:11pm
Quoting fixed4fun
What I am saying is we all know the "building boom" in China (financed by the Chinese gov't more than real demand) will eventually slow and their need for Aussie copper, coal, nat. gas will diminish. We all know things are not really that great in the US, the stock market is just propped up by the hope of QE 3. Plus, as Europe falls into recession, the need for commodities will diminish. Australia's strenght was built largely on the building boom of the 2000s. I still think they have a strong economy, but they are more likely to lower interest...
thanks and understood....
Wooooohooooo or Boooooohooooo
  • #6,104
  • Edited 6:48pm Aug 15, 2012 6:22pm | Edited 6:48pm
Quoting Hookem28
Nobody gives a chit about your dumps. Give it a rest.


By the way, what is a chit???
  • #6,105
  • Aug 15, 2012 7:45pm Aug 15, 2012 7:45pm
Quoting Hookem28
Nobody gives a chit about your dumps. Give it a rest.
  • #6,106
  • Aug 15, 2012 7:54pm Aug 15, 2012 7:54pm
Quoting Daytrader74


By the way, what is a chit???
A chit is a voucher, receipt or short letter/note didn't you know that?
Some people say I'm lucky, but the more I practice the luckier I get
  • #6,107
  • Aug 15, 2012 7:57pm Aug 15, 2012 7:57pm
Hello Everybody

Trying a short 15100

Keep thinking we will see 14000

But no it jumps back up again again again
  • #6,108
  • Aug 15, 2012 8:03pm Aug 15, 2012 8:03pm
Quoting eliteincome
Hello Everybody

Trying a short 15100

Keep thinking we will see 14000

But no it jumps back up again again again
are you talking about audusd or another pair.
if au then you are missing 1.0510 or 1.040
because if this pair jumped to 1,51 then i'm screwed and $0 in account
Wooooohooooo or Boooooohooooo
  • #6,109
  • Aug 15, 2012 8:04pm Aug 15, 2012 8:04pm
Quoting eliteincome
Hello Everybody

Trying a short 15100

Keep thinking we will see 14000

But no it jumps back up again again again
indices, commodities are all trying to re-find its high now in summer, take it as a summer stride. It appears to be more risk on then risk off, nothing major to cause euruption or roller coaster in the market of late.

given wednesday, and 1.0450 area is still consider a good bid zone or so called correction from 1.0610. I won't short until new york close so save myself the x3 swaps.

aud is a currency that is hard to understand at times, whether a not good or bad us data, it can still rally or drop, sentiment trading.

i personally wouldn't enter into a trade just because have to, this level is quite easy to get caught on short, i won't short anything from below 1.06. At least i still knows supply level is there. I will just scalp in and out until i find a good entry.
  • #6,110
  • Aug 15, 2012 8:07pm Aug 15, 2012 8:07pm
We may have possible hidden divergence which might hold it within the channel, I have shown the divergence using purple lines
Attached Image (click to enlarge)
Click to Enlarge Name: audusd 16 08 hidden divergence.jpg Size: 145 KB
Some people say I'm lucky, but the more I practice the luckier I get
  • #6,111
  • Aug 15, 2012 8:10pm Aug 15, 2012 8:10pm
yesterday for me ended as a no trade day... sometimes staying out of market is also a good trade.

Yesterday Day candle is a reject of the lower channel (Uptrend) i would wait for the price to break yesterday's high to enter for a long....


FX-Pro
Attached Image
  • #6,112
  • Aug 15, 2012 8:12pm Aug 15, 2012 8:12pm
Quoting Robot Trader
We may have possible hidden divergence which might hold it within the channel, I have shown the divergence using purple lines
Maybe for the short term. On the Daily chart, the trend is still pointing UP. If this continues, I think we might break 1.06 next week, unless something major happens.
  • #6,113
  • Aug 15, 2012 8:22pm Aug 15, 2012 8:22pm
Quoting xiaoxin
Can the red line keep the bull outside the doorway?
This is H4 chart.
Attachment
Here is the update H4 chart
Attached Image (click to enlarge)
Click to Enlarge Name: auh4-2.gif Size: 23 KB




Green pipping!
  • #6,114
  • Aug 15, 2012 8:32pm Aug 15, 2012 8:32pm
Some bears may believe the reversal is underway, but I think it is a consolidation. This consolidation began on Aug 9 and is probably not complete yet. IMHO
daddybearforex. com
  • #6,115
  • Aug 15, 2012 8:37pm Aug 15, 2012 8:37pm
Thinking who will control the market today.....
Attached Image
  • #6,116
  • Aug 15, 2012 8:46pm Aug 15, 2012 8:46pm
The Day will be mine.....
Attached Image
  • #6,117
  • Aug 15, 2012 8:47pm Aug 15, 2012 8:47pm
Hi DB,

Out of curiosity.... i see you almost in all the session... Asian/London/US....
How long you sleep every day... are you a full time trader...
  • #6,118
  • Aug 15, 2012 8:48pm Aug 15, 2012 8:48pm
Quoting NYForexer
Maybe for the short term. On the Daily chart, the trend is still pointing UP. If this continues, I think we might break 1.06 next week, unless something major happens.
My view on the Daily is that we are in a strong bullish channel, which is at a level close to a Weekly downtrend line. The bottom of the up channel has not yet been tested, so the price may come back to that level or move up again from where it is right now. If it does come down and test the bottom line of the channel and breaks and holds below then we could be in for a larger down trend move and based on the monster Daily divergence the level I see is 1.02.

If it moves up from the level it is at now then I see the Weekly downtrend line offering strong resistance.

My target is the 1.02 level, I do not really care how high it goes because for me it is an opportunity to add more shorts, I trade long term and while the swaps are negative they will not be more than the overall profit, once my target area of 1.02 is hit.
Attached Image (click to enlarge)
Click to Enlarge Name: audusd 16 08 daily.jpg Size: 173 KB
Some people say I'm lucky, but the more I practice the luckier I get
  • #6,119
  • Aug 15, 2012 8:52pm Aug 15, 2012 8:52pm
Quoting FX-Pro
Hi DB,

Out of curiosity.... i see you almost in all the session... Asian/London/US....
How long you sleep every day... are you a full time trader...
I am trading all day but I would not consider myself a full time trader. I don't confine myself to old school teaching.

The reason you see me in this forum all the time because I leave the computer on even during my sleeping hours.
daddybearforex. com
  • #6,120
  • Aug 15, 2012 8:57pm Aug 15, 2012 8:57pm
Quoting FX-Pro
The Day will be mine.....
May not be ...... Yesterday bears was in control but gave way to bulls this morning. Today bulls are in control but may give way to bears later....... This is the way it is.
daddybearforex. com
47 traders viewing now