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Aussie Trading Room and Cartoons Gallery

  • #8,501
  • Aug 31, 2012 10:33am Aug 31, 2012 10:33am
DB - Even if we explode to the upside from here the bear cycle still performed like clock work. Four straight weeks of down closes is beyond debate. However, on the fundie side, I see no big turn around taking place that would cause an upside explosion. The Bernanke fish is just flopping around in the sand trying to get back in the water. (market noise)
  • #8,502
  • Aug 31, 2012 10:33am Aug 31, 2012 10:33am
Quoting DaddyBear
Are you sure? Adiós! See you at 1.06 first.

http://www.forexfactory.com/attachme...2&d=1346411376
Well your long would give you more pips than my short from where we are now, so good luck with that. I will start to long when I get a clear signal to do so, which maybe around 14th September
Some people say I'm lucky, but the more I practice the luckier I get
  • #8,503
  • Aug 31, 2012 10:37am Aug 31, 2012 10:37am
A correction (retracement) does NOT a bulltrend make. To return to the "interrupted" BT, price would have to close above 1.05 on a daily basis.
  • #8,504
  • Aug 31, 2012 10:40am Aug 31, 2012 10:40am
Quoting chiknthief
DB - Even if we explode to the upside from here the bear cycle still performed like clock work. Four straight weeks of down closes is beyond debate. However, on the fundie side, I see no big turn around taking place that would cause an upside explosion. The Bernanke fish is just flopping around in the sand trying to get back in the water. (market noise)
This is the problems I have with fundies. All fundies were something happened already not future events. As human beings, we don't know what may happen tomorrow or even next hours.

I wouldn't say something like, "I see no big turn around taking place that would cause an upside explosion." An upside explosion does not need big turn around in my opinon.
daddybearforex. com
  • #8,505
  • Aug 31, 2012 10:41am Aug 31, 2012 10:41am
Don't worry DB, we'll be on the same side before long. BTW, your name has "BEAR" in it. I thought you were a bear ???
  • #8,506
  • Aug 31, 2012 10:42am Aug 31, 2012 10:42am
Quoting DaddyBear
This is the problems I have with fundies. All fundies were something happened already not future events. As human beings, we don't know what may happen tomorrow or even next hours.

I wouldn't say something like, "I see no big turn around taking place that would cause an upside explosion." An upside explosion does not need big turn around in my opinon.
The markets are like the tides. After a low tide there will be a high tide. It is what it is.
daddybearforex. com
  • #8,507
  • Aug 31, 2012 10:45am Aug 31, 2012 10:45am
Quoting chiknthief
Don't worry DB, we'll be on the same side before long. BTW, your name has "BEAR" in it. I thought you were a bear ???
I am neither a Bear nor a Bull even I was born to a Bear. Now, I am a leopard.
daddybearforex. com
  • #8,508
  • Aug 31, 2012 10:45am Aug 31, 2012 10:45am
Quoting DaddyBear
This is the problems I have with fundies. All fundies were something happened already not future events. As human beings, we don't know what may happen tomorrow or even next hours.

I wouldn't say something like, "I see no big turn around taking place that would cause an upside explosion." An upside explosion does not need big turn around in my opinon.
Conditions move markets. I haven't seen any real change in the conditions. Thats the only fundie things I look at. No change in the aussie, yet.

(Somewhere in the world a change may be taking place that can make you very rich)
  • #8,509
  • Aug 31, 2012 10:46am Aug 31, 2012 10:46am
Well managed to close my trades and am now ready for the Monday open, off to bed now so have a good weekend everyone
Some people say I'm lucky, but the more I practice the luckier I get
  • #8,510
  • Aug 31, 2012 10:49am Aug 31, 2012 10:49am
Quoting Robot Trader
Well managed to close my trades and am now ready for the Monday open, off to bed now so have a good weekend everyone
Right back at you, RT. Congrats on the pips and have a great weekend !!!
  • #8,511
  • Aug 31, 2012 10:49am Aug 31, 2012 10:49am
Quoting chiknthief
Conditions move markets. I haven't seen any real change in the conditions. Thats the only fundie things I look at. No change in the aussie, yet.

(Somewhere in the world a change may be taking place that can make you very rich)
All I can say is that this world is not controlled by human beings.
daddybearforex. com
  • #8,512
  • Aug 31, 2012 10:55am Aug 31, 2012 10:55am
Quoting DaddyBear
All I can say is that this world is not controlled by human beings.
This is true. But mass psychology makes the market do crazy stuff.
  • #8,513
  • Aug 31, 2012 10:55am Aug 31, 2012 10:55am
Quoting chiknthief
Conditions move markets. I haven't seen any real change in the conditions. Thats the only fundie things I look at. No change in the aussie, yet.

(Somewhere in the world a change may be taking place that can make you very rich)
Not really. At least not until players, big players, act on them. If they decide to "shrug it off", price won't go where you expect it to.
  • #8,514
  • Aug 31, 2012 10:58am Aug 31, 2012 10:58am
Quoting pqt
Not really. At least not until players, big players, act on them. If they decide to "shrug it off", price won't go where you expect it to.

Of course you're only taking about 'after the fact' when it was already factored into the market.
  • #8,515
  • Aug 31, 2012 11:18am Aug 31, 2012 11:18am
Quoting Daytrader74
Well I'm done for the week with a +9.78% for today and +16.94% for the week

So I'm blowing out the candles and going to bed.

Goodnight all and good luck and many many green pipies to you.
Well deserved goodnight. Hope you do this all the time and blow the broker's account
  • #8,516
  • Aug 31, 2012 11:18am Aug 31, 2012 11:18am
Todays paradoxical event : BERNANKE

All is quiet now.
  • #8,517
  • Aug 31, 2012 11:18am Aug 31, 2012 11:18am
Quoting DaddyBear
Dr. Bull was checking the Bear's EKG and found something interesting ......

Attention: DaddyBear's cartoons are not indicators, please do not apply them to your charts because they won't fit anyway.
haha, this made me laugh
  • #8,518
  • Aug 31, 2012 11:38am Aug 31, 2012 11:38am
Quoting tunera
haha, this made me laugh
Dr. Bull has scheduled some more important exams next week for the Bear.
daddybearforex. com
  • #8,519
  • Aug 31, 2012 11:39am Aug 31, 2012 11:39am
Quoting chiknthief
Todays paradoxical event : BERNANKE

All is quiet now.
Have you ever heard the calm before the storm? It's lunch time for some big US traders.
daddybearforex. com
  • #8,520
  • Aug 31, 2012 11:50am Aug 31, 2012 11:50am
Quoting DaddyBear
Dr. Bull has scheduled some more important exams next week for the Bear.
nice reply...
Sometimes it's better to be wrong,to learn..
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