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  • #10,501
  • Oct 4, 2012 7:17pm Oct 4, 2012 7:17pm
Quoting gnomoneey
i want more down but its looking like we reached the bottom already....so that means eu going up ....nooooooo

i see 1.032x as next resistance...if when this next h4 candle closes below 1.0190 then we are heading 1.01 but if doesnt then 1.0320
I dont see the bottom yet
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #10,502
  • Oct 4, 2012 7:19pm Oct 4, 2012 7:19pm
[/ATTACH][quote=gnomoneey;6071145]i want more down but its looking like we reached the bottom alrea[ATTACH]


I drew these lines a few weeks back....

Attached Image (click to enlarge)
Click to Enlarge Name: audailylines.gif Size: 25 KB


1052243[/ATTACH]
Wooooohooooo or Boooooohooooo
  • #10,503
  • Oct 4, 2012 7:22pm Oct 4, 2012 7:22pm
[quote=gnomoneey;6071195]
Quoting gnomoneey
i want more down but its looking like we reached the bottom alrea[ATTACH]


I drew these lines a few weeks back....

1052243[/ATTACH]
Look at spx 500
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #10,504
  • Oct 4, 2012 7:27pm Oct 4, 2012 7:27pm
[quote=Luis Carlos;6071201]
Quoting gnomoneey

Look at spx 500
its at a resistance break or not?
what does it mean if it break up? down?

sorry never looked at this as correlation to any pairs

Attached Image (click to enlarge)
Click to Enlarge Name: spx500d1.gif Size: 17 KB
Wooooohooooo or Boooooohooooo
  • #10,505
  • Oct 4, 2012 7:42pm Oct 4, 2012 7:42pm
[quote=gnomoneey;6071206]
Quoting Luis Carlos

its at a resistance break or not?
what does it mean if it break up? down?

sorry never looked at this as correlation to any pairs

Attachment
the spx500 has a lot correlation with aussie .9 or .8 dont remenber... What do you think a test of that red line down...
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #10,506
  • Oct 4, 2012 7:46pm Oct 4, 2012 7:46pm
[quote=Luis Carlos;6071214]
Quoting gnomoneey

the spx500 has a lot correlation with aussie .9 or .8 dont remenber... What do you think a test of that red line down...
for tonight up imo....that bounce from 1.028x is looking strong...

but what do i know, i'm short since yesterday on eu....did i ever tell you i hate that pair....
Wooooohooooo or Boooooohooooo
  • #10,507
  • Oct 4, 2012 7:50pm Oct 4, 2012 7:50pm
[quote=gnomoneey;6071219]
Quoting Luis Carlos
for tonight up imo....that bounce from 1.028x is looking strong...

but what do i know, i'm short since yesterday on eu....did i ever tell you i hate that pair....
Look since 2010 just 2 points dont correlate
Attached Image (click to enlarge)
Click to Enlarge Name: spxaussie.png Size: 55 KB
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #10,508
  • Oct 4, 2012 7:51pm Oct 4, 2012 7:51pm
[quote=gnomoneey;6071219]
Quoting Luis Carlos
for tonight up imo....that bounce from 1.028x is looking strong...

but what do i know, i'm short since yesterday on eu....did i ever tell you i hate that pair....
I know...
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #10,509
  • Oct 4, 2012 7:53pm Oct 4, 2012 7:53pm
Gidday Traders

Wow long taken out

1025 at

what now

expecting EUR/US to drop back below 12970

which should drag this pair down

see what happens today
  • #10,510
  • Oct 4, 2012 8:01pm Oct 4, 2012 8:01pm
[quote=Luis Carlos;6071221]
Quoting gnomoneey

Look since 2010 just 2 points dont correlate
When S&P is up the USD is down. In turn, the Aussie goes up. That is the only relation I can see. I would not read too much into such so called co-relation.
daddybearforex. com
  • #10,511
  • Oct 4, 2012 8:02pm Oct 4, 2012 8:02pm
[quote=gnomoneey;6071219]
Quoting Luis Carlos
for tonight up imo....that bounce from 1.028x is looking strong...

but what do i know, i'm short since yesterday on eu....did i ever tell you i hate that pair....
look at the daily candle
its forming bullish pinbar and stoch is rising from oversold ....
let's see what the market gives us at the end of the trading week
Attached Image (click to enlarge)
Click to Enlarge Name: aupinbar.gif Size: 19 KB
Wooooohooooo or Boooooohooooo
  • #10,512
  • Oct 4, 2012 8:05pm Oct 4, 2012 8:05pm
DB what do say about the next move up or down?

tell me what your view is at least for next 12 hrs or 16hrs.

Thanks papa....
Wooooohooooo or Boooooohooooo
  • #10,513
  • Oct 4, 2012 8:10pm Oct 4, 2012 8:10pm
[quote=DaddyBear;6071238]
Quoting Luis Carlos
When S&P is up the USD is down. In turn, the Aussie goes up. That is the only relation I can see. I would not read too much into such so called co-relation.
I found out this article it explains better than I.

http://seekingalpha.com/article/434111-the-s-p-500-aussie-dollar-correlation-and-fractal-geometry
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #10,514
  • Oct 4, 2012 8:19pm Oct 4, 2012 8:19pm
[quote=gnomoneey;6071239][quote=gnomoneey;6071219]

look at the daily candle
its forming bullish pinbar and stoch is rising from oversold ....
let's see what the market gives us at the end of the trading week
Attachment [/QUOT

You should change some that form to think above 80 overbought below 20 oversold.. you could kill yourself.
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 45 KB
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #10,515
  • Oct 4, 2012 8:30pm Oct 4, 2012 8:30pm
[quote=Luis Carlos;6071266][quote=gnomoneey;6071239]
Quoting gnomoneey

look at the daily candle
its forming bullish pinbar and stoch is rising from oversold ....
let's see what the market gives us at the end of the trading week
Attachment [/QUOT

You should change some that form to think above 80 overbought below 20 oversold.. you could kill yourself.
brother Luis,

the retracement you are showing me are at least 100 pips....that's enough for me to take a trade, that's more than my daily quota....
all is good...
Wooooohooooo or Boooooohooooo
  • #10,516
  • Oct 4, 2012 8:31pm Oct 4, 2012 8:31pm
[quote=Luis Carlos;6071266][quote=gnomoneey;6071239]
Quoting gnomoneey

look at the daily candle
its forming bullish pinbar and stoch is rising from oversold ....
let's see what the market gives us at the end of the trading week
Attachment [/QUOT

You should change some that form to think above 80 overbought below 20 oversold.. you could kill yourself.
Indeed. It often means quite little especially on a strong trend.
  • #10,517
  • Oct 4, 2012 8:52pm Oct 4, 2012 8:52pm
Quoting gnomoneey
DB what do say about the next move up or down?

tell me what your view is at least for next 12 hrs or 16hrs.

Thanks papa....
GM. down to form a double bottom then up to the Moon!
daddybearforex. com
  • #10,518
  • Oct 4, 2012 8:58pm Oct 4, 2012 8:58pm
Quoting DaddyBear
GM. down to form a double bottom then up to the Moon!
1.018x then 1.12?

ok thanks,
G
Wooooohooooo or Boooooohooooo
  • #10,519
  • Oct 5, 2012 12:06am Oct 5, 2012 12:06am
Quoting gnomoneey
1.018x then 1.12?

ok thanks,
G
I don't think both bottoms are going to be the same. The second one should be truncated due to different "functions".

1.12 may be way too high. IMO
daddybearforex. com
  • #10,520
  • Oct 5, 2012 12:25am Oct 5, 2012 12:25am
Comments welcome. play nice.
Attached Image (click to enlarge)
Click to Enlarge Name: Aussi Boom Bust.png Size: 65 KB
"My 2 cents"
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