Aussie Trading Room and Cartoons Gallery | Page 444 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading Cartoons and Pics 2,832 replies

EUR/USD Trading Room 328 replies

Do The Trading Room 20 replies

Attachments: Aussie Trading Room and Cartoons Gallery
Exit Attachments

Aussie Trading Room and Cartoons Gallery

  • #8,861
  • Edited 3:57am Sep 4, 2012 3:40am | Edited 3:57am
Quoting irfandbl
it's a simple excel spreadsheet file, you still need to copy paste the output data manually to the TF columns

Attachment
Thank you, but could I please trouble you to post it again in an older version of excel, for some reason my computer with the later version of excel will only let me look at the file as a read only file
Some people say I'm lucky, but the more I practice the luckier I get
  • #8,862
  • Sep 4, 2012 3:48am Sep 4, 2012 3:48am
@Robot Trader:

If you're like me (I see better at a distance) maybe this chart can give you another idea of the step-by-step process:

Attached Image


We're inside a huge symmetrical triangle which centerline is about 1.0250 (see earlier posts). Let's see what happens then and there. If support holds, it will go to the trendline above. And so on.

This is only one of the many turning points where bulls and bears struggle to win the long runs.

Some will lose and some will win, then tomorrow it's a mirror-like scene!
Ain't it fu(n)dge?

(GO, CONTRARIANS !)
  • #8,863
  • Sep 4, 2012 4:02am Sep 4, 2012 4:02am
Quoting irfandbl
it's a simple excel spreadsheet file, you still need to copy paste the output data manually to the TF columns

Attachment
Could you share the excel file?
A 1 pip gain is better than a 1 pip loss.
  • #8,864
  • Sep 4, 2012 4:05am Sep 4, 2012 4:05am
For those who may wonder where the triangle is, I'll give a metaphor.


Attached Image (click to enlarge)
Click to Enlarge Name: 12676315-the-girl-is-the-house-painter.jpg Size: 83 KB



The Girl is in the House.
And she's on a ladder.
Is she climbing? or just about to go back down and answer the phone?
Has she finished painting?
What are the movements she needs to do to get the job done?
Which level of the wall isn't yet covered?

etc... etc... etc...
  • #8,865
  • Sep 4, 2012 4:16am Sep 4, 2012 4:16am
Good one highlights there are many unknowns in the equation. We can only guess ... I guess she's not finished yet since she hasn't got a drop of paint on her body.

Quoting doblece
For those who may wonder where the triangle is, I'll give a metaphor.
forget about tomorrow, just steal away into the night
  • #8,866
  • Sep 4, 2012 4:20am Sep 4, 2012 4:20am
Quoting doblece
For those who may wonder where the triangle is, I'll give a metaphor.
Oh, I see, you are talking about the ladder being the triangle. I was imagining a different triangle as a metaphor, my bad......
  • #8,867
  • Sep 4, 2012 4:52am Sep 4, 2012 4:52am
Quoting spekitox
Good one highlights there are many unknowns in the equation. We can only guess ... I guess she's not finished yet since she hasn't got a drop of paint on her body.
... or she's done painting (everything is clean) , just took a shower (she's barefoot) and she's willing to show her friends how nice a work she did

Or she sells painting ladders.
  • #8,868
  • Sep 4, 2012 5:00am Sep 4, 2012 5:00am
Quoting kostas1
Oh, I see, you are talking about the ladder being the triangle. I was imagining a different triangle as a metaphor, my bad......
There are many triangles in that house. Including the one you imagined (don't wanna know ).

However, the metaphor was: where is the triangle?
On my chart (the small one) there is no triangle on sight, however there is one which I mentioned.

The Girl is in the House.
Can you see the house?
Or just a small part of the inside?

If you can see the House, you'll see windows and doors.
Some are open, some are closed.

Just riddling.
  • #8,869
  • Sep 4, 2012 5:05am Sep 4, 2012 5:05am
Quoting Robot Trader
Thank you, but could I please trouble you to post it again in an older version of excel, for some reason my computer with the later version of excel will only let me look at the file as a read only file
You can get Open Office for free and it will read any version of Office documents ending in "x". (still using 2003 here ... )
  • #8,870
  • Sep 4, 2012 5:10am Sep 4, 2012 5:10am
Quoting irfandbl
it's a simple excel spreadsheet file, you still need to copy paste the output data manually to the TF columns

Attachment
I have recreated your spreadsheet in an older version of excel so no need to do that for me now and thank you for sharing.

I have attached the excel spreadsheet and have highlighted some numbers in different colours because I do not know what they are or how you determined them. Would you please have a look and explain, if I know what they are I might be able to add some more formulas to the spreadsheet to make it more automated.
Attached File(s)
File Type: xls Fib calculations.xls   15 KB | 282 downloads
Some people say I'm lucky, but the more I practice the luckier I get
  • #8,871
  • Sep 4, 2012 5:17am Sep 4, 2012 5:17am
Quoting pauladkinsau
For Government statistics, you can go to China's National Bureau of Statistics, (http://www.stats.gov.cn/english/)

But please note that the data given on the English side is not as complete as the data in the Chinese side.

For pronouncements from the various government departments, agencies and other authorities, you would have to go to the website for the individual department or authority. Like Governments all over the world, there are numerous ministries and sub-ministries/departments, each...
Thanks pauladkinsau.
This is helpful.
So u don't have to work for the Govt to know or use these sites.
  • #8,872
  • Sep 4, 2012 5:25am Sep 4, 2012 5:25am
Yeah, all of these have a probability greater than zero. There are pros and cons - that is why decision making can be tough. Good that we're not in a hurry.

By the way ma'am, are you selling ladders?
Quoting doblece
... or she's done painting (everything is clean) , just took a shower (she's barefoot) and she's willing to show her friends how nice a work she did

Or she sells painting ladders.
forget about tomorrow, just steal away into the night
  • #8,873
  • Edited 5:51am Sep 4, 2012 5:40am | Edited 5:51am
Quoting doblece
Hmmm ... price goes up, price goes down, the element we miss here and can't possibly guess is WHEN... (DabbyBear has a nice ZEN clock, Maybe he knows when.)

My views are clearly stated on the Daily chart I posted.
The green box at the right could give you a clue but of course it's only my own speculations. Decisions are made step by step on the road, and even the best map can't avoid hiding a few "Detour" signs. Price action at key levels is the best way to go ... Now which key levels to use?

A big fight seems to be going on at M1's place....
I cannot dance, so I have made it my job to read charts, it is a job that I must do correctly (within a tolerance +/- 1000 pips) from my chart reading I apply my skill to enter and manage trades.

The when bit is not really important to me, because I aim for a TP projection based on my skill of understanding divergence. So providing where I enter does not take my account more than 1000 pips in drawdown then I am confident that I will continue to be profitable.

Like I have said earlier in this thread the market moves from convergence to divergence or from divergence to divergence (it never does anything else). So if you know how to read and understand these two elements of the market, trading becomes a lot less stressful, the key is position size and not over leveraging your account, because divergence will not tell you where the tops and bottoms are it will only tell you there is going to be one and from looking back through the daily charts showing divergence this normally occurs within 1000 to 1500 pips from where the divergence started to build and then PA always returns to where the divergence first started.
Some people say I'm lucky, but the more I practice the luckier I get
  • #8,874
  • Sep 4, 2012 5:48am Sep 4, 2012 5:48am
Quoting Robot Trader
We have a Crab, which could bring this impulse buying back down, will see if this changes the look of the 4H candle
Well that little 5M Crab certainly did its job
Some people say I'm lucky, but the more I practice the luckier I get
  • #8,875
  • Sep 4, 2012 6:11am Sep 4, 2012 6:11am
Quoting Robot Trader
Well that little 5M Crab certainly did its job
Crab or FUDGE??
  • #8,876
  • Sep 4, 2012 6:18am Sep 4, 2012 6:18am
Quoting Daytrader74
Crab or FUDGE??
If you traded my earlier post showing the Crab, when the Bull's were waving their flags, you would have had a nice 40+ pip gain and no FUDGE
Some people say I'm lucky, but the more I practice the luckier I get
  • #8,877
  • Sep 4, 2012 6:18am Sep 4, 2012 6:18am
Where the hell did the bulls go??? I was +40 now I'm -10 pippies
  • #8,878
  • Sep 4, 2012 6:42am Sep 4, 2012 6:42am
This is the pattern that I am most interested in, if price can push down to test the 1.02 round number that would be a good place to attack.

If the bat fails, then we might get a stronger Crab pattern, I really want this pair to push down to sub 1.02 to give us a nice 150/200 pip up move.
Attached Image (click to enlarge)
Click to Enlarge Name: audusd 4h bullish bat 04 09 12.jpg Size: 157 KB
Some people say I'm lucky, but the more I practice the luckier I get
  • #8,879
  • Sep 4, 2012 6:53am Sep 4, 2012 6:53am
Quoting irfandbl
M30

Attachment

H1

Attachment

Both have two similar targets

1.0281 - 1.0284 and
1.0307 - 1.0308

sell limits?
irandbl, A/U already hit your TP of 1.0284.
Your crystal ball is crystal clear!!

Now do you think is it Long or Short after this retracement below chart ?


Quoting NewbTrader7
I was anticipating this and completely missed it. oh well. on to the next one.
NewbTrader7, this is your second chance entry if you still believe it is a Long.


Quoting foxybunny
The up move just started, as in was in Demand Zone from my previous Bingo chart.
Wait for a retracement(1.0239 - 1.0249) and evidence showing up move before entry.

You already know where is TP1.
I have a rough TP1 around 1.0321 near the weekend gap.

There should be a TP2 and TP3.

Price has now retraced to (1.0239 - 1.0249), back to earlier Demand Zone and where RBA news starter take off upwards.

If the earlier RBA upmove was a real move, price should now really bounced here, and go up higher from this retracement.

Long entry possible above the up arrow in my below chart, breaking the high 1.0250.

TP1 possible 1.0322.

Attached Image (click to enlarge)
Click to Enlarge Name: 2012-09-04_AU_M15_Long.png Size: 62 KB
  • #8,880
  • Sep 4, 2012 7:50am Sep 4, 2012 7:50am
On the long side of AUD/USD, i have been only doing long range scalp/piping on AUD/USD through Asia's Low/ when support is found. Target a move of 20-40 pips max on 75% take profits, and remaining 25% on be, till its stopped out most of the time. And i realize i had been scalping on correction, since most of aud's support has turned resistance, and threatened even lower level.


AUD have GDP, unemployment , NFP US, ECB's thursday this week, i haven't seen a good/reliable signal for long yet as its more of uncertainty in the first week.

If a low has been found, i am likely to find it again next week.

I also shorted EUR/AUD on daily chart on march 2nd's low,which was the nearest support turns resistance i have found on EUR/AUD on daily chart.

EUR/USD is likely to pull back as well, since eur/aud will probably be going down abit in the mean time, after the bull run.

The BULL on EUR/AUD set daily chart on RSI 75, and 4hour on 82 this morning in asia. Good entry for a safe counter-trend.
2 traders viewing now