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Aussie Trading Room and Cartoons Gallery

  • #7,421
  • Aug 22, 2012 12:25pm Aug 22, 2012 12:25pm
Quoting aeternum
I still remember the comic where the bear sees a mountain and it goes up and then back down.
Yeah I remember how about a month ago I bout at 1.0000 and it went DOWN. I held for 2 days and closed at the very bottom when it went straight back UP. Not making the same mistake again.
  • #7,422
  • Aug 22, 2012 12:35pm Aug 22, 2012 12:35pm
Quoting nbhaya
Thanks for the Direction DB

Guys, how could you miss this one....
You are welcome!
daddybearforex. com
  • #7,423
  • Aug 22, 2012 12:37pm Aug 22, 2012 12:37pm
Quoting bouble
Oh!... What is it? , on top of track.
Well, if I had to guess it looks like a bear cannon (smile). DB please correct me if I am wrong.

Happy Trades,
fxstir
  • #7,424
  • Aug 22, 2012 12:39pm Aug 22, 2012 12:39pm
Quoting fxstir
Well, if I had to guess it looks like a bear cannon (smile). DB please correct me if I am wrong.

Happy Trades,
fxstir

It's a Bull cannon. But the road to the top is not straight.
daddybearforex. com
  • #7,425
  • Aug 22, 2012 12:42pm Aug 22, 2012 12:42pm
Bears, get your lifesavers and Bull masks ready!
daddybearforex. com
  • #7,426
  • Aug 22, 2012 12:49pm Aug 22, 2012 12:49pm
Quoting DaddyBear
Bears, get your lifesavers and Bull masks ready!
Before you jump ship please wait.

There are two possibilities ahead.

1. After the retracement, Bulls are in control again.
2. The run-up today was a retracement. Bears will regain the control.
daddybearforex. com
  • #7,427
  • Aug 22, 2012 1:03pm Aug 22, 2012 1:03pm
Thanks for posting

Still holding a couple of small shorts

Will hedge

This 10700 is a big move up

Lets see what happens later tonight
  • #7,428
  • Aug 22, 2012 1:11pm Aug 22, 2012 1:11pm
Quoting DaddyBear
Before you jump ship please wait.

There are two possibilities ahead.

1. After the retracement, Bulls are in control again.
2. The run-up today was a retracement. Bears will regain the control.
  • #7,429
  • Edited 1:37pm Aug 22, 2012 1:21pm | Edited 1:37pm
Quoting DaddyBear
Before you jump ship please wait.

There are two possibilities ahead.

1. After the retracement, Bulls are in control again.
2. The run-up today was a retracement. Bears will regain the control.
Quoting bouble
The reasons I came to point 2 are below:

1. H4 SMA 8 is still below SMA 13 after the run-up.
2. H4 SMA 13 is still in an upward position. It is not ready for a crossover by SMA 8.
3. H4 ADX indicates a divergence to the PA.

IMHO
daddybearforex. com
  • #7,430
  • Aug 22, 2012 1:29pm Aug 22, 2012 1:29pm
Quoting DaddyBear
The reasons I came to point 2 are below:

1. H4 SMA 8 is still below SMA 13 after the run-up.
2. H4 SMA 13 is still in an up position. It is not ready for a crossover by SMA 8.
3. H4 ADX indicates a divergence to the PA.

IMHO
Thank master
  • #7,431
  • Aug 22, 2012 1:30pm Aug 22, 2012 1:30pm
Quoting DaddyBear
The reasons I came to point 2 are below:

1. H4 SMA 8 is still below SMA 13 after the run-up.
2. H4 SMA 13 is still in an up position. It is not ready for a crossover by SMA 8.
3. H4 ADX indicates a divergence to the PA.

IMHO
Further examination of D1 ADX -

D1 ADX has not reached the turning point of reversal. There are already 3 green bars. This could mean the downward movement is not complete. IMHO
daddybearforex. com
  • #7,432
  • Aug 22, 2012 1:37pm Aug 22, 2012 1:37pm
Quoting DaddyBear
Further examination of D1 ADX -

D1 ADX has not reached the turning point of reversal. There are already 3 green bars. This could mean the downward movement is not complete. IMHO
My impression is that even today's run-up was powerful, it failed to override the damages done yesterday. This makes the recovery not strong enough to continue.

Furthermore, the pattern of the DT since Aug. 9 seems not complete yet based on the patternological observations. -IMHO-
daddybearforex. com
  • #7,433
  • Aug 22, 2012 1:44pm Aug 22, 2012 1:44pm
Hello Traders

I will hold my shorts for now

There is fair bit off bad news around

I don't care what happens really

It just takes longer for the lemons to turn into lemonade
  • #7,434
  • Aug 22, 2012 1:47pm Aug 22, 2012 1:47pm
Quoting DaddyBear
My impression is that even today's run-up was powerful, it failed to override the damages done yesterday. This makes the recovery not strong enough to continue.

Furthermore, the pattern of the DT since Aug. 9 seems not complete yet based on the patternological observations. -IMHO-
Thank you very much , my master.
  • #7,435
  • Aug 22, 2012 1:48pm Aug 22, 2012 1:48pm
Quoting eliteincome
Hello Traders

I will hold my shorts for now

There is fair bit off bad news around

I don't care what happens really

It just takes longer for the lemons to turn into lemonade
  • #7,436
  • Aug 22, 2012 1:49pm Aug 22, 2012 1:49pm
Quoting eliteincome
Hello Traders

I will hold my shorts for now

There is fair bit off bad news around

I don't care what happens really

It just takes longer for the lemons to turn into lemonade
Eventually, this baby has to come down. As long as you can endure the suffering of paper loss, you shall be fine. It's always darker before the dawn.
daddybearforex. com
  • #7,437
  • Aug 22, 2012 1:55pm Aug 22, 2012 1:55pm
Quoting bouble
Thank you very much , my master.
You are welcome.
Attached Image
daddybearforex. com
  • #7,438
  • Aug 22, 2012 1:57pm Aug 22, 2012 1:57pm
Quoting DaddyBear
My impression is that even today's run-up was powerful, it failed to override the damages done yesterday. This makes the recovery not strong enough to continue.

Furthermore, the pattern of the DT since Aug. 9 seems not complete yet based on the patternological observations. -IMHO-
Master, How about them.
  • #7,439
  • Aug 22, 2012 1:59pm Aug 22, 2012 1:59pm
Quoting DaddyBear
Eventually, this baby has to come down. As long as you can endure the suffering of paper loss, you shall be fine. It's always darker before the dawn.
  • #7,440
  • Aug 22, 2012 2:00pm Aug 22, 2012 2:00pm
Dear DB,

Could it be... that your true identity is.. Sir DaddyBearNanke ?? *Gasp!!
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