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  • #9,121
  • Sep 6, 2012 4:26pm Sep 6, 2012 4:26pm
Quoting gnomoneey
here's my post from a few days ago
http://www.forexfactory.com/showthread.php?p=5984608#post5984608

http://www.forexfactory.com/attachme...1&d=1346965001
Why do you think the future blue dot is at that level besides the reason of the resistance of the first blue dot?
daddybearforex. com
  • #9,122
  • Sep 6, 2012 4:44pm Sep 6, 2012 4:44pm
Quoting DaddyBear
Why do you think the future blue dot is at that level besides the reason of the resistance of the first blue dot?
I know 1.0472 is weekly resistance. Is it the future blue dot level?
daddybearforex. com
  • #9,123
  • Edited 5:05pm Sep 6, 2012 4:55pm | Edited 5:05pm
Quoting DaddyBear
I know 1.0472 is weekly resistance. Is it the future blue dot level?
no the 1.0440 resistance that occured back in jul 19,2012
also close to 61.8% retracement on fib from neckline to head
it could go as high as the weekly resistance only time will tell
Wooooohooooo or Boooooohooooo
  • #9,124
  • Sep 6, 2012 5:17pm Sep 6, 2012 5:17pm
Quoting gnomoneey
no the 1.0440 resistance that occured back in jul 19,2012
also close to 61.8% retracement on fib from neckline to head
it could go as high as the weekly resistance only time will tell
Do you think it can go above that level based on your own evaluation?
daddybearforex. com
  • #9,125
  • Sep 6, 2012 5:19pm Sep 6, 2012 5:19pm
Announcement: (I will post this message often to get some information from our members.)

I am conducting a survey regarding the TF use. This is to help everyone trade better.

Q1. Which TF do you use mainly for entries and exits? [Only one TF]
Q2. What are your reasons? [Optional]

Thanks.

-DB-
daddybearforex. com
  • #9,126
  • Sep 6, 2012 5:21pm Sep 6, 2012 5:21pm
23:30 GMT, AUD AiG Performance of Construction Index (AUG)

Is this important to watch?
daddybearforex. com
  • #9,127
  • Sep 6, 2012 6:18pm Sep 6, 2012 6:18pm
Quoting DaddyBear
Do you think it can go above that level based on your own evaluation?
nothing is carved on stone DB
it could go higher than that all the way to the high of 1.1079....
but lots of resistance and economic boom in asia for that to happen dont you think.

china has to really be robust economically and right now its pointing to a slowdown

but only time will tell and we read the charts as the days evolve and make our educated assessment
Wooooohooooo or Boooooohooooo
  • #9,128
  • Sep 6, 2012 6:20pm Sep 6, 2012 6:20pm
Quoting DaddyBear
Announcement: (I will post this message often to get some information from our members.)

I am conducting a survey regarding the TF use. This is to help everyone trade better.

Q1. Which TF do you use mainly for entries and exits? [Only one TF]
Q2. What are your reasons? [Optional]

Thanks.

-DB-
my system is on h4 entry and exit
i enter with pa, fib, tl, and or sar
Wooooohooooo or Boooooohooooo
  • #9,129
  • Sep 6, 2012 6:22pm Sep 6, 2012 6:22pm
Quoting gnomoneey
nothing is carved on stone DB
it could go higher than that all the way to the high of 1.1079....
but lots of resistance and economic boom in asia for that to happen dont you think.

china has to really be robust economically and right now its pointing to a slowdown

but only time will tell and we read the charts as the days evolve and make our educated assessment
I think Bernanke may be the catalyst to make that happen. Tomorrow's NFP will reveal the probability of his next move.
daddybearforex. com
  • #9,130
  • Sep 6, 2012 6:26pm Sep 6, 2012 6:26pm
Quoting DaddyBear
Announcement: (I will post this message often to get some information from our members.)

I am conducting a survey regarding the TF use. This is to help everyone trade better.

Q1. Which TF do you use mainly for entries and exits? [Only one TF]
Q2. What are your reasons? [Optional]

Thanks.

-DB-
Although I watch all TFs, I use M15 to enter and exit trades. Its data is not too lagging behind like what happens to larger TFs. Also, the indicators are not too busy to read.
daddybearforex. com
  • #9,131
  • Sep 6, 2012 6:28pm Sep 6, 2012 6:28pm
Quoting DaddyBear
I think Bernanke may be the catalyst to make that happen. Tomorrow's NFP will reveal the probability of his next move.
DB watch the convention of obama tonight and see if he hints that NFP is good or bad. as he says his speech he would have already seen the report.

As far as helicopter ben is concern if obama is re-elected then ben is in?
if mitt is elected then he's out?
so is ben going to commit to qe3 now or some form before the election or not?

only time will tell
G
Wooooohooooo or Boooooohooooo
  • #9,132
  • Sep 6, 2012 6:29pm Sep 6, 2012 6:29pm
Quoting DaddyBear
Although I watch all TFs, I use M15 to enter and exit trades. Its data is not too lagging behind like what happens to larger TFs. Also, the indicators are not too busy to read.
BTW, using H4 to day trade may be too difficult to time the entries and exits. There are only 6 candles per day. Unless you are a long term investor.
daddybearforex. com
  • #9,133
  • Sep 6, 2012 6:30pm Sep 6, 2012 6:30pm
Quoting DaddyBear
Although I watch all TFs, I use M15 to enter and exit trades. Its data is not too lagging behind like what happens to larger TFs. Also, the indicators are not too busy to read.
the fast movement on lower tf makes me do bad emotional trading where for now h4 is very slow and i'm able to re-act without emotion
Wooooohooooo or Boooooohooooo
  • #9,134
  • Sep 6, 2012 6:31pm Sep 6, 2012 6:31pm
Quoting DaddyBear
Announcement:

I am conducting a survey regarding the TF use. This is to help everyone trade better.

Q1. Which TF do you use mainly for entries and exits? [Only one TF]
Q2. What are your reasons? [Optional]

Thanks.

-DB-
A1. M5
A2.
  • #9,135
  • Sep 6, 2012 6:31pm Sep 6, 2012 6:31pm
Quoting DaddyBear
BTW, using H4 to day trade may be too difficult to time the entries and exits. There are only 6 candles per day. Unless you are a long term investor.
i guess a trend trader
if trend is up i long until it goes down then i short
this is what i do for now
Wooooohooooo or Boooooohooooo
  • #9,136
  • Sep 6, 2012 6:34pm Sep 6, 2012 6:34pm
DB would this storm in gulf have any influence on NFP this month?
Wooooohooooo or Boooooohooooo
  • #9,137
  • Sep 6, 2012 6:36pm Sep 6, 2012 6:36pm
Quoting DaddyBear
Announcement: (I will post this message often to get some information from our members.)

I am conducting a survey regarding the TF use. This is to help everyone trade better.

Q1. Which TF do you use mainly for entries and exits? [Only one TF]
Q2. What are your reasons? [Optional]

Thanks.

-DB-
A1. I use daily, H4 and H1 TFs.
A2. Daily for longer term trades and H1 for short term trades. H4 for trend confirmation.
  • #9,138
  • Sep 6, 2012 6:37pm Sep 6, 2012 6:37pm
Quoting gnomoneey
DB watch the convention of obama tonight and see if he hints that NFP is good or bad. as he says his speech he would have already seen the report.

As far as helicopter ben is concern if obama is re-elected then ben is in?
if mitt is elected then he's out?
so is ben going to commit to qe3 now or some form before the election or not?

only time will tell
G
I know there has been some jobs created recently, so NFP may not be that bad. But for a big country like the US, those new jobs are not enough to improve the economy. Ben has to do something regardless who is going to be the next president. Mitt will be a great President. He is the one to save the US not Obama.
daddybearforex. com
  • #9,139
  • Sep 6, 2012 6:39pm Sep 6, 2012 6:39pm
Quoting gnomoneey
DB would this storm in gulf have any influence on NFP this month?
The storm might generate some jobs because the recovery needs a lot of people IMO.
daddybearforex. com
  • #9,140
  • Sep 6, 2012 6:40pm Sep 6, 2012 6:40pm
Quoting DaddyBear
I know there has been some jobs created recently, so NFP may not be that bad. But for a big country like the US, those new jobs are not enough to improve the economy. Ben has to do something regardless who is going to be the next president. Mitt will be a great President. He is the one to save the US not Obama.
i actual dont know really care who wins or loses in the states.
i really didnt understand how obama won
mitt's vp is an idiot from what i see and here but again
Only time will tell
G
Wooooohooooo or Boooooohooooo
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