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Aussie Trading Room and Cartoons Gallery

  • #10,401
  • Oct 2, 2012 6:38pm Oct 2, 2012 6:38pm
Here we are now...
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Stocktwit: LuisCarlos - twitter: @lcparodi
  • #10,402
  • Oct 2, 2012 7:00pm Oct 2, 2012 7:00pm
Quoting FXMindset

Btw Sir DB,do you know what time is it when the Aussie Market Open in Singapore time here

Thanks
Always check all markets Forex open times here -

(http://www.forex4noobs.com/forex-tools/forex-clock/)

It takes a lot for me to IGNORE you, but you can try.
  • #10,403
  • Oct 2, 2012 7:07pm Oct 2, 2012 7:07pm
Quoting Luis Carlos
Here we are now...
Was that the same wave count from earlier bruh?

Im out due to fib lvl for now. DoddFrank Act, keeps me from playing both sides.
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"My 2 cents"
  • #10,404
  • Oct 2, 2012 7:27pm Oct 2, 2012 7:27pm
I needed more than 1 reason to close. My Fib lined up with 1/8 on my murrey chart. I am still bearish, so i do not want to confuse my mates in this chat.
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"My 2 cents"
  • #10,405
  • Oct 2, 2012 7:42pm Oct 2, 2012 7:42pm
Quoting Stimulus
Was that the same wave count from earlier bruh?

Im out due to fib lvl for now. DoddFrank Act, keeps me from playing both sides.
Yes, it was. I considered a 1.0180 as a possibility. Looking the SPX500 the market should be move up and down before a big move up, last push of bulls.
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #10,406
  • Oct 2, 2012 7:47pm Oct 2, 2012 7:47pm
Quoting Luis Carlos
sorry, but wave c must be 5 waves no 3 only.
Luis, my understanding is that c of C is 5-waves most of the time. But, C is only 3-waves (i.e. a, b & c).
daddybearforex. com
  • #10,407
  • Oct 2, 2012 7:50pm Oct 2, 2012 7:50pm
Quoting DaddyBear
Luis, my understanding is that c of C is 5-waves most of the time. But, C is only 3-waves (i.e. a, b & c).
I am thinking to create an Aussie EWP thread now.
daddybearforex. com
  • #10,408
  • Oct 2, 2012 7:53pm Oct 2, 2012 7:53pm
Quoting DaddyBear
Luis, my understanding is that c of C is 5-waves most of the time. But, C is only 3-waves (i.e. a, b & c).
Try better take it as a Y you will see the diff..
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #10,409
  • Oct 2, 2012 7:57pm Oct 2, 2012 7:57pm
Quoting DaddyBear
I am thinking to create an Aussie EWP thread now.
hahaha!!!
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #10,410
  • Oct 2, 2012 9:23pm Oct 2, 2012 9:23pm
Quoting Erebus
Always check all markets Forex open times here -

(http://www.forex4noobs.com/forex-tools/forex-clock/)

Thank you Erebus
Its very nice website
If there was easy money lying around,no one would be forcing it into your
  • #10,411
  • Oct 3, 2012 12:37am Oct 3, 2012 12:37am
Gidday

Thought it was going to parity

sitting on shorts

See what happens tonight
  • #10,412
  • Oct 3, 2012 12:41am Oct 3, 2012 12:41am
Quoting eliteincome
Gidday

Thought it was going to parity

sitting on shorts

See what happens tonight
It won't go there without a fight. But yes, H8, H4 ADX suggests there is still some way to go down the hill yet.
  • #10,413
  • Oct 3, 2012 1:52am Oct 3, 2012 1:52am
Quoting FXMindset
Thank you Erebus
Its very nice website
Another site that is a great help, especially when all are changing daylight savings twice per year, is this one --->

(http://www.timeanddate.com/)

check it out

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It takes a lot for me to IGNORE you, but you can try.
  • #10,414
  • Oct 3, 2012 2:59am Oct 3, 2012 2:59am
Hasn't been a good start for the month for me....so far -5.36% :-(
  • #10,415
  • Oct 3, 2012 6:15am Oct 3, 2012 6:15am
Quoting Daytrader74
Hasn't been a good start for the month for me....so far -5.36% :-(
Fudge! Hope it picks up for ya...

Anyways, my analysis for what its worth... Looks like we are entering what was previously a pretty solid demand zone on the daily charts. It'll get interesting here. If the bear continues below 1.0165, parity may be on the way. Thoughts???
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  • #10,416
  • Edited 6:37am Oct 3, 2012 6:32am | Edited 6:37am
I would wait to short Aussie until retracement or another bear breakout below 1.0168. I closed my 2x lots from 1.0446 at 1.0226 last night. I am positioning for 1x lot Long for retracement up. FIFO in U.S. account so I enter in multiple positions for TP levels. I will make positions up to 1.0230
"My 2 cents"
  • #10,417
  • Oct 3, 2012 6:36am Oct 3, 2012 6:36am
You should consider this if we break 1.0168 and looking at spx500 is more likely.
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Stocktwit: LuisCarlos - twitter: @lcparodi
  • #10,418
  • Oct 3, 2012 6:42am Oct 3, 2012 6:42am
Quoting Luis Carlos
You should consider this if we break 1.0168 and looking at spx500 is more likely.
Gmorning Luis, If wave IV makes it past 1.0250 I will be happy and take most of the table and go to break even on the rest since im against momentum.

Is that a primary count?
"My 2 cents"
  • #10,419
  • Oct 3, 2012 7:50am Oct 3, 2012 7:50am
The COT has been warning of a MASSIVE selloff for a long time. People who watch the COT knew and expected this to happen long before now. Me and Doblece have been posting about it for quite awhile now. This market downturn is still in its infancy. Its still got a heck of a long way south yet to go. Just the last two COT setups just like the one we're currently in, gave the bears 1700 pips south on one and 1400 pips south on the other. THROW PARITY out the window, We are likely going down to the monthly 38% retracement @ 9135 or even as low as the monthly 50% retracement line @ 8545. THIS IS B-I-G !!!
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  • #10,420
  • Oct 3, 2012 7:53am Oct 3, 2012 7:53am
According to the COT, We will break out of this HUGE monthly trading range BIG - This way :
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