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Aussie Trading Room and Cartoons Gallery

  • #7,161
  • Aug 21, 2012 12:35pm Aug 21, 2012 12:35pm
A few ideas from the Odd Chief. (AudChf)
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Click to Enlarge Name: oddchief15m.png Size: 31 KB
Click to Enlarge Name: oddchief1h.png Size: 34 KB
Play the players, not the cards.
  • #7,162
  • Aug 21, 2012 12:43pm Aug 21, 2012 12:43pm
Quoting flipnfaith
Kinda... Looking for 1.025. I think we will see it by end of next week.
Eventually, it will be there. Why do you think we will see it by end of next week?
daddybearforex. com
  • #7,163
  • Aug 21, 2012 12:45pm Aug 21, 2012 12:45pm
Quoting julia2011
reload at 465
same target
Welcome julia2011! I hope you make tons of green pips.
daddybearforex. com
  • #7,164
  • Aug 21, 2012 12:46pm Aug 21, 2012 12:46pm
Quoting aeternum
how did you short and long eurusd at the same time?
Yes, he can if his broker allows him to hedge his account.
daddybearforex. com
  • #7,165
  • Aug 21, 2012 12:47pm Aug 21, 2012 12:47pm
Quoting DaddyBear
Welcome julia2011! I hope you make tons of green pips.

thanx
same to you
i hope all in green
  • #7,166
  • Aug 21, 2012 1:36pm Aug 21, 2012 1:36pm
Quoting DaddyBear
Eventually, it will be there. Why do you think we will see it by end of next week?
I gauge it by the history from the charts.. not always true, but a good guide. If you look at the Daily chart and look at the up waves that mirror the down waves that are occurring now you will see that the bottom of the up wave was 1.0172... That up wave from 1.0172 to 1.05 ish took 5 days before the pull back. It gives a good guestimate of time....
  • #7,167
  • Aug 21, 2012 3:31pm Aug 21, 2012 3:31pm
Quoting flipnfaith
I gauge it by the history from the charts.. not always true, but a good guide. If you look at the Daily chart and look at the up waves that mirror the down waves that are occurring now you will see that the bottom of the up wave was 1.0172... That up wave from 1.0172 to 1.05 ish took 5 days before the pull back. It gives a good guestimate of time....
Of all the elements in the charts, time is one of the most difficult one to gauge. Not only is it invisible but also due to the nature of being the fourth dimension.

It would take a master to figure out the time needed to be at certain level in my opinion.
daddybearforex. com
  • #7,168
  • Aug 21, 2012 3:39pm Aug 21, 2012 3:39pm
short @ 1.0474 tp 1.0350
  • #7,169
  • Aug 21, 2012 3:42pm Aug 21, 2012 3:42pm
Quoting Brocklesnar
short @ 1.0474 tp 1.0350
Welcome Brocklesnar! Hope you're right on your money.
daddybearforex. com
  • #7,170
  • Aug 21, 2012 3:43pm Aug 21, 2012 3:43pm
Quoting DaddyBear
In order to watch DB's next cartoons show, you have to line up behind other people outside to purchase the ticket again. No movie theater would allow you to remain in your seat until next showtime.
It could be a double bill, I used to watch them on Saturdays great value
Some people say I'm lucky, but the more I practice the luckier I get
  • #7,171
  • Aug 21, 2012 3:49pm Aug 21, 2012 3:49pm
Quoting Robot Trader
It could be a double bill, I used to watch them on Saturdays great value
Oh no, this theater is run by the Bull. Also, the theater goes dark after 5 PM Friday until Sunday night.
daddybearforex. com
  • #7,172
  • Aug 21, 2012 3:50pm Aug 21, 2012 3:50pm
Quoting DaddyBear
After studying the Greek course at ADX school, the Bull & Co. decided to continue their services in the high elevation Bear Mountain .........

Attention: DaddyBear's cartoons are not indicators, please do not apply them to your charts because they won't fit anyway.
http://www.forexfactory.com/attachme...1&d=1345588830
daddybearforex. com
  • #7,173
  • Aug 21, 2012 3:54pm Aug 21, 2012 3:54pm
Quoting DaddyBear
Welcome Brocklesnar! Hope you're right on your money.
thanks hopefully it goes down
  • #7,174
  • Aug 21, 2012 4:08pm Aug 21, 2012 4:08pm
The Bat combined with divergence did its job in reaching TP 1
Attached Image (click to enlarge)
Click to Enlarge Name: audusd h1 bat made tp1.jpg Size: 156 KB
Some people say I'm lucky, but the more I practice the luckier I get
  • #7,175
  • Aug 21, 2012 4:11pm Aug 21, 2012 4:11pm
Quoting DaddyBear
I'd prefer to respond with a patternology chart for your reference.
This was posted on Aug. 19. Now we can compare these two patterns with 2 more candles.

http://www.forexfactory.com/attachme...1&d=1345382661
daddybearforex. com
  • #7,176
  • Aug 21, 2012 4:14pm Aug 21, 2012 4:14pm
Quoting Robot Trader
The Bat combined with divergence did its job in reaching TP 1
Is it possible you may post a Bat before it happens next time?
daddybearforex. com
  • #7,177
  • Aug 21, 2012 4:16pm Aug 21, 2012 4:16pm
Quoting DaddyBear
Welcome Brocklesnar! Hope you're right on your money.
you see something else
  • #7,178
  • Aug 21, 2012 4:38pm Aug 21, 2012 4:38pm
Quoting julia2011
you see something else
May be. I see a lot of bearish movement in people's minds now. Going short simply because of the perception of high exchange rate is very dangerous. In the Forex market, there is no such things as to too high to long or too low to short. I would buy high then sell higher or sell low then buy much lower.

Some bears had such preoccupied perceptions then tried to use charts to match their hopes. This is similar to reversed engineering. I would not follow such thinking. IMHO.
daddybearforex. com
  • #7,179
  • Aug 21, 2012 4:45pm Aug 21, 2012 4:45pm
Quoting DaddyBear
May be. I see a lot of bearish movement in people's minds now. Going short simply because of the perception of high exchange rate is very dangerous. In the Forex market, there is no such things as to too high to long or too low to short. I would buy high then sell higher or sell low then buy much lower.

Some bears had such preoccupied perceptions then tried to use charts to match their hopes. This is similar to reversed engineering. I would not follow such thinking. IMHO.
I always hear people say don't go against the trend. But, how many people really understand the trend? Sometimes, those people may just go against the trend without knowing they are violating their own rule. -IMHO
daddybearforex. com
  • #7,180
  • Aug 21, 2012 4:54pm Aug 21, 2012 4:54pm
I was talking about the invisible elements in the charts last night. What are they? In my opinion, they are the time needed, the energy, the DNA, the life span and most importantly, the Law of the Market. I am still in the process of learning how to master them.
daddybearforex. com
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