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  • #6,401
  • Aug 16, 2012 10:00pm Aug 16, 2012 10:00pm
Quoting GnarlyPips
Tell me, where am I right if I were to say the Aud is going to keep going up, but instead it turns around and goes down for a couple of months?
The market never goes down without retracement or reversal. In your case, you were right but too soon for a couple of months.
daddybearforex. com
  • #6,402
  • Aug 16, 2012 10:02pm Aug 16, 2012 10:02pm
Could this be a bearish 'Gartley' pattern ??
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenShot002.jpg Size: 168 KB
  • #6,403
  • Aug 16, 2012 10:09pm Aug 16, 2012 10:09pm
Quoting DaddyBear
The market never goes down without retracement or reversal. In your case, you were right but too soon for a couple of months.
I remember once I was right tooooo soon on EU, I was right 2 weeks earlier and too stubborn to cut the 182 pip loss, thankfully the price came back to me eventually

Hi, my name is Irfan and I have a DD problem
  • #6,404
  • Aug 16, 2012 10:13pm Aug 16, 2012 10:13pm
Quoting irfandbl
I remember once I was right tooooo soon on EU, I was right 2 weeks earlier and too stubborn to cut the 182 pip loss, thankfully the price came back to me eventually

Hi, my name is Irfan and I have a DD problem
Having a DD or no DD is personal choice. There is no rule a trader cannot have a DD.
daddybearforex. com
  • #6,405
  • Aug 16, 2012 10:30pm Aug 16, 2012 10:30pm
Quoting irfandbl
I remember once I was right tooooo soon on EU, I was right 2 weeks earlier and too stubborn to cut the 182 pip loss, thankfully the price came back to me eventually

Hi, my name is Irfan and I have a DD problem
1 more day to go ...
Sometimes it's better to be wrong,to learn..
  • #6,406
  • Aug 16, 2012 11:42pm Aug 16, 2012 11:42pm
Damn gartley fulfilled...
  • #6,407
  • Aug 16, 2012 11:44pm Aug 16, 2012 11:44pm
"AUD/USD continues to slide after lunch not helped by AUD treasury comment
DJN reports AUD Treasury says "rates should be lowered if AUD too high"
Continues "intervention wouldn't work"
Combined with rumours of CNY band widening has AUD trading below y'days low
AUD/USD low so far 1.0468 - mkt building in a 120% probability of Sept rate cut"
  • #6,408
  • Aug 16, 2012 11:48pm Aug 16, 2012 11:48pm
Quoting djambazov84
of course here is the bad news for me
Sir, you must be happy now indeed
  • #6,409
  • Aug 16, 2012 11:48pm Aug 16, 2012 11:48pm
Quoting payal
"AUD/USD continues to slide after lunch not helped by AUD treasury comment
DJN reports AUD Treasury says "rates should be lowered if AUD too high"
Continues "intervention wouldn't work"
Combined with rumours of CNY band widening has AUD trading below y'days low
AUD/USD low so far 1.0468 - mkt building in a 120% probability of Sept rate cut"
thanks for the info, I was looking to see why the big drop.
  • #6,410
  • Aug 16, 2012 11:53pm Aug 16, 2012 11:53pm
Quoting KiNgEdwarD
1 more day to go ...
1.5 more to go bro, today hasn't ended yet
  • #6,411
  • Aug 16, 2012 11:53pm Aug 16, 2012 11:53pm
Quoting payal
"AUD/USD continues to slide after lunch not helped by AUD treasury comment
DJN reports AUD Treasury says "rates should be lowered if AUD too high"
Continues "intervention wouldn't work"
Combined with rumours of CNY band widening has AUD trading below y'days low
AUD/USD low so far 1.0468 - mkt building in a 120% probability of Sept rate cut"
Thank you for your kind info Sir,
Now where could I possibly get this kind of crucial information fast and reliable?
  • #6,412
  • Aug 16, 2012 11:56pm Aug 16, 2012 11:56pm
Quoting irfandbl
1.5 more to go bro, today hasn't ended yet
then 1.5 is not valid say...1.65 ..
Sometimes it's better to be wrong,to learn..
  • #6,413
  • Aug 17, 2012 12:04am Aug 17, 2012 12:04am
Quoting edzalexander
Could this be a bearish 'Gartley' pattern ??
Welcome edzalexander! Hope the bearish 'Gartley' pattern worked for you this time. -DB-
daddybearforex. com
  • #6,414
  • Aug 17, 2012 12:11am Aug 17, 2012 12:11am
Can the Bull make it this time?

http://www.forexfactory.com/attachme...1&d=1345156241
daddybearforex. com
  • #6,415
  • Aug 17, 2012 12:13am Aug 17, 2012 12:13am
Quoting DaddyBear
Can the Bull make it this time?

http://www.forexfactory.com/attachme...1&d=1345156241

Excellent picture!
  • #6,416
  • Aug 17, 2012 12:14am Aug 17, 2012 12:14am
Quoting DaddyBear
Can the Bull make it this time?
Or, is the Bear right this time?

http://www.forexfactory.com/attachme...1&d=1345140987
daddybearforex. com
  • #6,417
  • Aug 17, 2012 12:15am Aug 17, 2012 12:15am
Quoting DaddyBear
Welcome edzalexander! Hope the bearish 'Gartley' pattern worked for you this time. -DB-
Thanks for the warm welcome Sir DaddyBear!
Unfortunately I only watched it plunge down without taking any action

Would you reckon around 1.0475-79 to be a good selling point?
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  • #6,418
  • Aug 17, 2012 12:15am Aug 17, 2012 12:15am
Quoting Resuisse
Excellent picture!
Thanks!
daddybearforex. com
  • #6,419
  • Aug 17, 2012 12:19am Aug 17, 2012 12:19am
Quoting edzalexander
Thanks for the warm welcome Sir DaddyBear!
Unfortunately I only watched it plunge down without taking any action

Would you reckon around 1.0475-79 to be a good selling point?
My two cartoons above may give you some clues as to what I am thinking.
daddybearforex. com
  • #6,420
  • Aug 17, 2012 12:25am Aug 17, 2012 12:25am
...
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