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Aussie Trading Room and Cartoons Gallery

  • #8,061
  • Aug 28, 2012 12:02pm Aug 28, 2012 12:02pm
Quoting mrluckystar
i dont like what i see in h2 chart...
At this point, the bears are not completely done. IMHO
daddybearforex. com
  • #8,062
  • Aug 28, 2012 12:19pm Aug 28, 2012 12:19pm
Quoting DaddyBear
.
But, I am shorting now ....
What a great vision,eh, Columbus ?
If u can't beat 'em, join 'em.
  • #8,063
  • Edited 12:49pm Aug 28, 2012 12:38pm | Edited 12:49pm
Quoting pqt
What a great vision,eh, Columbus ?
If u can't beat 'em, join 'em.
I said the Bear is not done not the Bear has upper hand. The Aussie will move up sooner than later. I still see what I saw. Columbus, you bet.

http://www.forexfactory.com/attachme...2&d=1344177760
daddybearforex. com
  • #8,064
  • Aug 28, 2012 12:40pm Aug 28, 2012 12:40pm
Quoting DaddyBear
I said the Bear is not done not the Bear has upper hand. The Aussie will move up sooner than later. I still see what I saw. Columbus, you bet.
I have been scalping all night for xxx pips. Long and short. BTW. 10 out 10 and x > x.
daddybearforex. com
  • #8,065
  • Aug 28, 2012 1:20pm Aug 28, 2012 1:20pm
So many roads ... and destinations ...
Plenty of travelers!

Attached Image (click to enlarge)
Click to Enlarge Name: weekly road map.gif Size: 25 KB
  • #8,066
  • Aug 28, 2012 1:57pm Aug 28, 2012 1:57pm
We will see 1.0498 soon.
  • #8,067
  • Aug 28, 2012 2:15pm Aug 28, 2012 2:15pm
Quoting Itrade24h
We will see 1.0498 soon.
I believe your vision is 20/20.
daddybearforex. com
  • #8,068
  • Aug 28, 2012 2:19pm Aug 28, 2012 2:19pm
Quoting doblece
So many roads ... and destinations ...
Plenty of travelers!

Attachment
Eventually, there will be only one road and one destination but plenty of travelers will drop out to the roadsides due to lack of visions.

On the other hand, there are some travelers going to the other way to nowhere.
daddybearforex. com
  • #8,069
  • Aug 28, 2012 2:50pm Aug 28, 2012 2:50pm
Quoting DaddyBear
Eventually, there will be only one road and one destination but plenty of travelers will drop out to the roadsides due to lack of visions.

On the other hand, there are some travelers going to the other way to nowhere.

As I am still learning to trade. Do you have any fundamentals to help boost your technicals? It seems to me the markets are full of rumors of more bond buying from the ECB and 3rd QE... all of that would definatly boost all pairs against the USD up in my view.
Luck has no place in trading. Leave that for the poker table.
  • #8,070
  • Aug 28, 2012 3:06pm Aug 28, 2012 3:06pm
There's 1.0315, then there's 1.0515.
Play the players, not the cards.
  • #8,071
  • Aug 28, 2012 3:43pm Aug 28, 2012 3:43pm
Quoting Pair-me-up
As I am still learning to trade. Do you have any fundamentals to help boost your technicals? It seems to me the markets are full of rumors of more bond buying from the ECB and 3rd QE... all of that would definatly boost all pairs against the USD up in my view.
I don't study fundies. The Market does not follow the fundies all the time. I only look at the charts and the right side blank areas.
daddybearforex. com
  • #8,072
  • Aug 28, 2012 4:24pm Aug 28, 2012 4:24pm
Bulls (and cows, sheep, goats) have no upper front teeth. This bull has a dash of the bear brush

Quoting DaddyBear
Are you ........
forget about tomorrow, just steal away into the night
  • #8,073
  • Aug 28, 2012 4:26pm Aug 28, 2012 4:26pm

excel sell sell sell
  • #8,074
  • Aug 28, 2012 5:06pm Aug 28, 2012 5:06pm
Quoting Daytrader74

excel sell sell sell

Sell what? PT?
daddybearforex. com
  • #8,075
  • Aug 28, 2012 5:39pm Aug 28, 2012 5:39pm
Quoting spekitox
Bulls (and cows, sheep, goats) have no upper front teeth. This bull has a dash of the bear brush
Regardless of what teeth they have, the Bulls are still marching on.
Attached Image (click to enlarge)
Click to Enlarge Name: TRUCK-6.JPG Size: 47 KB
daddybearforex. com
  • #8,076
  • Aug 28, 2012 6:03pm Aug 28, 2012 6:03pm
This month I've lost some money on this crap pair!!

For me the problem is that I see two very strong camps;

 

  1. Bears
  2. Bulls

The bears are motivated by the fundamentals i.e. China slow down, Australian mining operations amongst others.

The bulls are motivated by the positive swap interest, the ongoing purchase of Australian dollar as a potential safe currency and lets throw in gold as well.

We also have to consider and plug into this, the economic situation the world finds itself in.

So what do we do, play both sides until a clear winner makes themselves known?

Technically, I've seen very clear supply and demand breached and not respected at all.

No, the market has shown us that there wont be any clear winner!!

I'm out of this pairing now but I'll be keeping an eye on it to see what happens over the next few weeks.

Good luck to all

Dane

  • #8,077
  • Aug 28, 2012 6:22pm Aug 28, 2012 6:22pm
Quoting pauladkinsau
RT, thanks for posting this. Great chart.
Thanks pauladkinsau,

The Fib Fan can be a useful tool, it takes a little time to setup and adjust until you get a few spots where PA looks to respect the different levels (sometimes however this just does not happen and therefore you cannot get anything from it which is worth taking into account during your setup process).

Like everything in Forex it does not work all of the time, but if you get PA respecting the levels then you can trade when PA breaks through them or trade between them, (which is a bit like the market being range bound within a downward move). At the moment PA looks to be range bound between the 50 & 61.8 level, but still making slow downward movement.

I would like to see PA make another push down to the 50 level and break through it to the 38.2 and even 23.6, this for me would be a good level to start my long attack and I would look to add further longs should PA continue to move down lower.

If this setup does not present itself, then I will just keep looking until the market meets my setup criteria.
Some people say I'm lucky, but the more I practice the luckier I get
  • #8,078
  • Aug 28, 2012 6:38pm Aug 28, 2012 6:38pm
What, if any, oscillators do ppl use with their charts to any great degree? I am currently using the Stochastic and a MACD. Combined, they have been giving me good readings, but happy to look at others if ppl use something else that works well.

And good morning all
  • #8,079
  • Aug 28, 2012 7:34pm Aug 28, 2012 7:34pm
Quoting DaddyBear
At this point, the bears are not completely done. IMHO
agree with you...
im still hold swing trade... only close intrady trade...
Peace Yo!
  • #8,080
  • Aug 28, 2012 8:02pm Aug 28, 2012 8:02pm
Quoting WendyG
What, if any, oscillators do ppl use with their charts to any great degree? I am currently using the Stochastic and a MACD. Combined, they have been giving me good readings, but happy to look at others if ppl use something else that works well.

And good morning all
MACD is a lagging indicator. I gave up long time ago. Try ADX.
daddybearforex. com
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