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Aussie Trading Room and Cartoons Gallery

  • #6,961
  • Aug 20, 2012 9:07pm Aug 20, 2012 9:07pm
Quoting DaddyBear
Let me reveal a secret. Try to see the fireworks beforehand with your mind.
I thought I saw red fireworks, so I took a short position which bombed out on the very green firework that I was looking forward to last night. That sharp turn it took really put me off and I started drawing bearish conclusions. Oh well, back to square one for me.
  • #6,962
  • Aug 20, 2012 9:12pm Aug 20, 2012 9:12pm
Banana, if short term trading consistently not working for you maybe you should try a longer time frame? Just a thought......
Hope for the best, prepare for the worst.
  • #6,963
  • Aug 20, 2012 9:14pm Aug 20, 2012 9:14pm
Quoting DaddyBear
The Bull called another waiter for second drink because he was so exited about the taste of that Buffalo style Bear meat BBQ .....
The Bull has one stomach with four compartments. Now he is ordering the third drink .......
daddybearforex. com
  • #6,964
  • Aug 20, 2012 9:18pm Aug 20, 2012 9:18pm
Quoting DaddyBear
The Bull has one stomach with four compartments. Now he is ordering the third drink .......
The Bull wants some privacy while enjoying his vacation. He asked DB not to report what he is going to do next ..... Bye .......
daddybearforex. com
  • #6,965
  • Aug 20, 2012 9:24pm Aug 20, 2012 9:24pm
Quoting DaddyBear
A ride? Are you kidding? The Bull has a private jet ........
not kidding
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Sometimes it's better to be wrong,to learn..
  • #6,966
  • Aug 20, 2012 9:26pm Aug 20, 2012 9:26pm
Quoting KiNgEdwarD
not kidding
Does DB have a stunt in Pakistan now?
daddybearforex. com
  • #6,967
  • Aug 20, 2012 9:26pm Aug 20, 2012 9:26pm
Quoting KiNgEdwarD
not kidding

Ok no more of this... bears and bull don't eat each other.
  • #6,968
  • Aug 20, 2012 9:27pm Aug 20, 2012 9:27pm
Quoting banana
I thought I saw red fireworks, so I took a short position which bombed out on the very green firework that I was looking forward to last night. That sharp turn it took really put me off and I started drawing bearish conclusions. Oh well, back to square one for me.
how long have you been trading?
There are those who know, and there are those who don't know.
  • #6,969
  • Aug 20, 2012 9:35pm Aug 20, 2012 9:35pm
Quoting gatorinla
if it breaks support.. i will not sell until it bounces north after b/o.. .0510 +
support broken Friday.. 0510 is normal..it can be more. ?
those who can, do. those who cant, talk about those who can
  • #6,970
  • Aug 20, 2012 9:35pm Aug 20, 2012 9:35pm
Is this it?

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  • #6,971
  • Aug 20, 2012 9:39pm Aug 20, 2012 9:39pm
Quoting gatorinla
support broken Friday.. 0510 is normal..it can be more. ?
The short answer is no.
daddybearforex. com
  • #6,972
  • Aug 20, 2012 9:40pm Aug 20, 2012 9:40pm
Quoting palabara
how long have you been trading?
A live account almost a year now, sitting on break even most of the time.

I had been watching and trading a demo account for about 2 years before that, but the problem is I was following the pound/yen a lot and not really the AUDUSD.
  • #6,973
  • Aug 20, 2012 9:45pm Aug 20, 2012 9:45pm
Quoting banana
A live account almost a year now, sitting on break even most of the time.

I had been watching and trading a demo account for about 2 years before that, but the problem is I was following the pound/yen a lot and not really the AUDUSD.
Let me give you my 2 cents as well.
The demo cannot replace the live account.
All the pairs are the same. They all follow the Law of the Market. It is what it is.
daddybearforex. com
  • #6,974
  • Aug 20, 2012 9:51pm Aug 20, 2012 9:51pm
Quoting DaddyBear
Let me give you my 2 cents as well.
The demo cannot replace the live account.
All the pairs are the same. They all follow the Law of the Market. It is what it is.
It is what it is? The current answer is,
"Await the Exhausted Enemy at your Ease!"
daddybearforex. com
  • #6,975
  • Aug 20, 2012 9:55pm Aug 20, 2012 9:55pm
Quoting DaddyBear
It is what it is? The current answer is,
"Await the Exhausted Enemy at your Ease!"
No tight SL needed.

http://www.forexfactory.com/attachme...1&d=1345403300
daddybearforex. com
  • #6,976
  • Aug 20, 2012 9:58pm Aug 20, 2012 9:58pm
I know that most of you don't trade fundamentals, but still, has anyone read RBA meeting minutes?

I don't really understand much in finance, but from what I could understand was that Australia is still doing good, despite all other countries scrambling for their pennies. Even though China's economy is slowing down, Australia's is not... yet. In my opinion AUD/USD has a chance of breaking 1.06 and go somewhere to 1.065-1.07 by the end of next week. I can't say now, but I would try shorting somewhere at that level, and IF RBA decides to cut rates i'll be ready for that, if not - then I better get out before its too late...

These are just my 2 cents.
  • #6,977
  • Aug 20, 2012 9:59pm Aug 20, 2012 9:59pm
Quoting banana
A live account almost a year now, sitting on break even most of the time.

I had been watching and trading a demo account for about 2 years before that, but the problem is I was following the pound/yen a lot and not really the AUDUSD.
Break even is already a mile stone.. At least your not blowing accounts, you need to analyze what you do wrong, and see how you can fix it, do one thing at a time.
There are those who know, and there are those who don't know.
  • #6,978
  • Aug 20, 2012 10:02pm Aug 20, 2012 10:02pm
Quoting NYForexer
I know that most of you don't trade fundamentals, but still, has anyone read RBA meeting minutes?

I don't really understand much in finance, but from what I could understand was that Australia is still doing good, despite all other countries scrambling for their pennies. Even though China's economy is slowing down, Australia's is not... yet. In my opinion AUD/USD has a chance of breaking 1.06 and go somewhere to 1.065-1.07 by the end of next week. I can't say now, but I would try shorting somewhere at that level, and IF RBA decides to cut rates...
My 2 cents is that before and after the news until now I have had no ideas about what that minutes is. So are fundies important?
daddybearforex. com
  • #6,979
  • Aug 20, 2012 10:04pm Aug 20, 2012 10:04pm
Quoting DaddyBear
My 2 cents is that before and after the news until now I have had no ideas about what that minutes is. So are fundies important?
For me fundies are things to be blamed when techies go wrong
  • #6,980
  • Aug 20, 2012 10:04pm Aug 20, 2012 10:04pm
Quoting gatorinla
support broken Friday.. 0510 is normal..it can be more. ?
one for the road with daily atr lets see if the pink TL holds
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