Aussie Trading Room and Cartoons Gallery | Page 315 | 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

  • #6,281
  • Aug 16, 2012 9:33am Aug 16, 2012 9:33am
people were talking about the direct correlation of eu with au. eu moved more than 70 pips in last 4hrs while au didnt even budge!
My Currency is Urgency
  • #6,282
  • Aug 16, 2012 9:33am Aug 16, 2012 9:33am
Quoting chiknthief
On the other hand, an extreme low reading suggests a trending move is probably not far away. Thats all you can do is look at the probabilities. Trading is all about probabilities/odds.
Besides the seasonality, you do have thorough understanding of ADX.
daddybearforex. com
  • #6,283
  • Aug 16, 2012 9:34am Aug 16, 2012 9:34am
Quoting Robot Trader
I use the 80/20 of the RSI in a similar way
I used to use 30/-30 of the RSI in a different way.
daddybearforex. com
  • #6,284
  • Aug 16, 2012 9:36am Aug 16, 2012 9:36am
Quoting DaddyBear
I use 13 period ADX. No 14 or 20.
OK thanks
Some people say I'm lucky, but the more I practice the luckier I get
  • #6,285
  • Aug 16, 2012 9:38am Aug 16, 2012 9:38am
Quoting Forexmint
people were talking about the direct correlation of eu with au. eu moved more than 70 pips in last 4hrs while au didnt even budge!
Like I said many times before. They are different animals but some people insist that they are same species. Don't know why?
daddybearforex. com
  • #6,286
  • Aug 16, 2012 9:40am Aug 16, 2012 9:40am
This was what happened earlier .......

http://www.forexfactory.com/attachme...1&d=1345028339
daddybearforex. com
  • #6,287
  • Aug 16, 2012 9:43am Aug 16, 2012 9:43am
Quoting Forexmint
people were talking about the direct correlation of eu with au. eu moved more than 70 pips in last 4hrs while au didnt even budge!
Also look at 13th Aug chart.... EU Was just opposite to AU......
  • #6,288
  • Aug 16, 2012 9:44am Aug 16, 2012 9:44am
Quoting DaddyBear
This was what happened earlier .......

http://www.forexfactory.com/attachme...1&d=1345028339
side way?
  • #6,289
  • Aug 16, 2012 9:45am Aug 16, 2012 9:45am
Quoting Forexmint
people were talking about the direct correlation of eu with au. eu moved more than 70 pips in last 4hrs while au didnt even budge!
The EA and the EU are moving in sink, but the AU is holding its ground, I would like to see the AU move south to confirm AUD weakness against the major crosses. I am in AC which is pegged to EA but slightly better swap, so while I welcome the EUR strength, it does not mean the AUD is getting any weaker, which is required for any real move.
Some people say I'm lucky, but the more I practice the luckier I get
  • #6,290
  • Aug 16, 2012 9:49am Aug 16, 2012 9:49am
Quoting Robot Trader
The EA and the EU are moving in sink, but the AU is holding its ground, I would like to see the AU move south to confirm AUD weakness against the major crosses. I am in AC which is pegged to EA but slightly better swap, so while I welcome the EUR strength, it does not mean the AUD is getting any weaker, which is required for any real move.
Dollar index too.
  • #6,291
  • Aug 16, 2012 10:01am Aug 16, 2012 10:01am
Quoting bouble
side way?
No, it was beef staking. This is side way ......
Attached Image
daddybearforex. com
  • #6,292
  • Aug 16, 2012 10:09am Aug 16, 2012 10:09am
Quoting DaddyBear
No, it was beef staking. This is side way ......
will go down
  • #6,293
  • Aug 16, 2012 10:11am Aug 16, 2012 10:11am
Quoting DaddyBear
Besides the seasonality, you do have thorough understanding of ADX.

Thanx
  • #6,294
  • Aug 16, 2012 10:22am Aug 16, 2012 10:22am
ADX got very HIGH during the big down move. (center of chart) It turned down dramatically 9 days before the low. It forecasted the END of the TREND well in advance. Stochastics and RSI don't always show it like the ADX does. Especially on daily and weekly charts.
Attached Image (click to enlarge)
Click to Enlarge Name: aud adx.gif Size: 24 KB
  • #6,295
  • Aug 16, 2012 10:40am Aug 16, 2012 10:40am
Very HIGH ADX = end of trend is nearby. At this minute the 4 HOUR ADX is in neutral territory and pointing down indicating a trendless market. A range traders paradise.
Attached Image (click to enlarge)
Click to Enlarge Name: aud 4h adx.gif Size: 24 KB
  • #6,296
  • Aug 16, 2012 10:56am Aug 16, 2012 10:56am
60 min chart ADX. Getting very low while prices are near the highs of a down sloping channel and inside ichimoku cloud resistance. The low ADX reading suggests an ADX upmove (trend) is imminent. The ADX won't tell you the direction but with prices at resistance it suggests the next move is downward.

This IS NOT a recommendation. But if you do sell it here, keep your stops tight (low risk).
Attached Image (click to enlarge)
Click to Enlarge Name: aud 1h adx.gif Size: 24 KB
  • #6,297
  • Aug 16, 2012 11:00am Aug 16, 2012 11:00am
Quoting FXMindset
Nice Post mate
Thank you
  • #6,298
  • Aug 16, 2012 11:15am Aug 16, 2012 11:15am
Quoting chiknthief
60 min chart ADX. Getting very low while prices are near the highs of a down sloping channel and inside ichimoku cloud resistance. The low ADX reading suggests an ADX upmove (trend) is imminent. The ADX won't tell you the direction but with prices at resistance it suggests the next move is downward.

This IS NOT a recommendation. But if you do sell it here, keep your stops tight (low risk).
Thank you very much. and how to use ichimoku?
  • #6,299
  • Aug 16, 2012 11:25am Aug 16, 2012 11:25am
Quoting bouble
Thank you very much. and how to use ichimoku?
Read here : http://www.fxwords.com/u/ichimoku-cloud.html
  • #6,300
  • Aug 16, 2012 11:27am Aug 16, 2012 11:27am
This is current H4 chart with TL.


http://www.forexfactory.com/attachme...5&d=1345134191

Below were the exchanges last night.

Quoting DaddyBear
I guess you use a small TF channel. The Aussie will move above your channel and reach H4 UTL.
Quoting FX-Pro
oh ya... absolutely...! it already look like bears going to take control.... as the price still struck within the channel.... still...
http://www.forexfactory.com/attachme...1&d=1345082728
daddybearforex. com
2 traders viewing now