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  • Post #10,541
  • Quote
  • Oct 5, 2012 10:18am Oct 5, 2012 10:18am
  •  DaddyBear
  • | Membership Revoked | Joined Jan 2011 | 31,935 Posts
Quoting DaddyBear
Disliked
A lot of people in this forum including you are good in technical and/or fundamentals. I try not to upstage you guys. BTW, Mama is very good in the technical and Spanish as well.
Ignored
I guess this is what Mama is thinking now ..........

http://www.forexfactory.com/attachme...1&d=1349300136
daddybearforex. com
 
 
  • Post #10,542
  • Quote
  • Oct 5, 2012 10:19am Oct 5, 2012 10:19am
  •  DaddyBear
  • | Membership Revoked | Joined Jan 2011 | 31,935 Posts
Quoting DaddyBear
Disliked
I guess this is what Mama is thinking now ..........

http://www.forexfactory.com/attachme...1&d=1349300136
Ignored
Mama, please correct me if you are not thinking this way. DB
daddybearforex. com
 
 
  • Post #10,543
  • Quote
  • Oct 5, 2012 10:27am Oct 5, 2012 10:27am
  •  DaddyBear
  • | Membership Revoked | Joined Jan 2011 | 31,935 Posts
Quoting aeternum
Disliked
NFP was good for USD whether people think its states the true situation or not. I wanted to draw EW for AUDUSD but I guess there are many ways to interpret it. And I guess we may be on a corrective wave 4 here. We may continue upwards if I'm wrong though.
Ignored
Can you post your diagram/chart?
daddybearforex. com
 
 
  • Post #10,544
  • Quote
  • Oct 5, 2012 10:38am Oct 5, 2012 10:38am
  •  Stimulus
  • | Joined Feb 2010 | Status: QE, Welfare for Wall Street | 911 Posts
Quoting aeternum
Disliked
NFP was good for USD whether people think its states the true situation or not. I wanted to draw EW for AUDUSD but I guess there are many ways to interpret it. And I guess we may be on a corrective wave 4 here. We may continue upwards if I'm wrong though.
Ignored
I always enjoy EW primary and alternate counts. I am not EW technician, it intrigues me because it has sound basis if the right hands (not me).
"My 2 cents"
 
 
  • Post #10,545
  • Quote
  • Oct 5, 2012 10:41am Oct 5, 2012 10:41am
  •  DaddyBear
  • | Membership Revoked | Joined Jan 2011 | 31,935 Posts
This two days, the market is like this.

http://www.forexfactory.com/attachme...1&d=1345030616
daddybearforex. com
 
 
  • Post #10,546
  • Quote
  • Oct 5, 2012 10:45am Oct 5, 2012 10:45am
  •  aeternum
  • Joined Aug 2012 | Status: Member | 2,263 Posts
Quoting DaddyBear
Disliked
Can you post your diagram/chart?
Ignored
I didn't label anything on it. But I see 1.0469 from September down to 1.0185 a few days ago as a long wave, which I presume is impulsive wave 3 followed with this correction up now as wave 4. Wave 4 is corrective, that consists of 3 small a b c waves of which a should have been completed now. By wave c, we could be around 1.03 before going down again.
A 1 pip gain is better than a 1 pip loss.
 
 
  • Post #10,547
  • Quote
  • Oct 5, 2012 10:48am Oct 5, 2012 10:48am
  •  Stimulus
  • | Joined Feb 2010 | Status: QE, Welfare for Wall Street | 911 Posts
Quoting aeternum
Disliked
I didn't label anything on it. But I see 1.0469 from September down to 1.0185 a few days ago as a long wave, which I presume is impulsive wave 3 followed with this correction up now as wave 4. Wave 4 is corrective, that consists of 3 small a b c waves of which a should have been completed now. By wave c, we could be around 1.03 before going down again.
Ignored
Good, consists with my short zone...i will be watching anything past 1.03 for sharp rejection.
"My 2 cents"
 
 
  • Post #10,548
  • Quote
  • Edited at 11:02am Oct 5, 2012 10:55am | Edited at 11:02am
  •  Stimulus
  • | Joined Feb 2010 | Status: QE, Welfare for Wall Street | 911 Posts
If daily pivot doesnt hold 1.02 could be seen by close.

European close volatility.
"My 2 cents"
 
 
  • Post #10,549
  • Quote
  • Oct 5, 2012 1:26pm Oct 5, 2012 1:26pm
  •  aeternum
  • Joined Aug 2012 | Status: Member | 2,263 Posts
Quoting aeternum
Disliked
I didn't label anything on it. But I see 1.0469 from September down to 1.0185 a few days ago as a long wave, which I presume is impulsive wave 3 followed with this correction up now as wave 4. Wave 4 is corrective, that consists of 3 small a b c waves of which a should have been completed now. By wave c, we could be around 1.03 before going down again.
Ignored
It seems that up move was a 'b' wave. We are now doing 'c' which should technically go lower than 1.0185.
A 1 pip gain is better than a 1 pip loss.
 
 
  • Post #10,550
  • Quote
  • Oct 5, 2012 1:40pm Oct 5, 2012 1:40pm
  •  DaddyBear
  • | Membership Revoked | Joined Jan 2011 | 31,935 Posts
Quoting DaddyBear
Disliked
GM. down to form a double bottom then up to the Moon!
Ignored
This is the double bottom (second part) I was replying to GM's question last night. IMO
daddybearforex. com
 
 
  • Post #10,551
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  • Oct 5, 2012 1:42pm Oct 5, 2012 1:42pm
  •  DaddyBear
  • | Membership Revoked | Joined Jan 2011 | 31,935 Posts
Quoting aeternum
Disliked
It seems that up move was a 'b' wave. We are now doing 'c' which should technically go lower than 1.0185.
Ignored
The up move was a-wave. The current wave is b. FYI
daddybearforex. com
 
 
  • Post #10,552
  • Quote
  • Oct 5, 2012 1:54pm Oct 5, 2012 1:54pm
  •  gnomoneey
  • Joined Mar 2012 | Status: Gold anyone | 6,647 Posts
Quoting DaddyBear
Disliked
This is the double bottom (second part) I was replying to GM's question last night. IMO
Ignored
i was just thinking that when i saw the drop

Top Forecasters See Aussie Gains as Rates Cut
http://www.forexfactory.com/attachme...1&d=1349455294 (www.bloomberg.com/news/2012-10-04/top-forecasters-see-aussie-gains-as-rates-cut-australia-credit.html) From bloomberg.com (www.bloomberg.com/news/2012-10-04/top-forecasters-see-aussie-gains-as-rates-cut-australia-credit.html)

www.forexfactory.com/news.php?do=news&id=387869
Wooooohooooo or Boooooohooooo
 
 
  • Post #10,553
  • Quote
  • Oct 5, 2012 2:00pm Oct 5, 2012 2:00pm
  •  doblece
  • Joined May 2006 | Status: Still here. | 2,602 Posts
Quoting DaddyBear
Disliked
Mama, please correct me if you are not thinking this way. DB
Ignored


Usually don't trade on Fridays.
Read DT's price smash alert, went to the calendar, saw the NFP results, looked around the pairs I trade, was going to place a few shorts ... and said "nahhh - will short on Monday if any" and went back to sleep.

Half an hour later it seems I did miss 5 of my 6 buses (seeing this 5 hours after the fact).

Sigh.

But I do not trade on Fridays.

 
 
  • Post #10,554
  • Quote
  • Oct 5, 2012 2:15pm Oct 5, 2012 2:15pm
  •  eliteincome
  • | Joined Aug 2011 | Status: Member | 2,640 Posts
I closed a long an still carrying a small one

down but not out

I will carry it over the weekend

i was expecting a retrace at some point

have a good weekend everybody
 
 
  • Post #10,555
  • Quote
  • Oct 5, 2012 2:19pm Oct 5, 2012 2:19pm
  •  DaddyBear
  • | Membership Revoked | Joined Jan 2011 | 31,935 Posts
Quoting doblece
Disliked


Usually don't trade on Fridays.
Read DT's price smash alert, went to the calendar, saw the NFP results, looked around the pairs I trade, was going to place a few shorts ... and said "nahhh - will short on Monday if any" and went back to sleep.

Half an hour later it seems I did miss 5 of my 6 buses (seeing this 5 hours after the fact).

Sigh.

But I do not trade on Fridays.

Ignored
Mama, this is exactly the same spot that the movie "Bye!" was played in our forum 7/25/12.

http://www.forexfactory.com/attachme...1&d=1344382924
daddybearforex. com
 
 
  • Post #10,556
  • Quote
  • Oct 5, 2012 2:41pm Oct 5, 2012 2:41pm
  •  FXMindset
  • | Membership Revoked | Joined Aug 2011 | 7,263 Posts
Good Day for all,

Possible we close lower than yesterday as till now there is no any buyer sign
The level we need watching right now is 1.0164 and if 1.0164 cant hold and break down then next is 1.009xx


In meantime,have a nice weekend all and Happy Green Pips
If there was easy money lying around,no one would be forcing it into your
 
 
  • Post #10,557
  • Quote
  • Oct 5, 2012 2:48pm Oct 5, 2012 2:48pm
  •  aeternum
  • Joined Aug 2012 | Status: Member | 2,263 Posts
Quoting DaddyBear
Disliked
The up move was a-wave. The current wave is b. FYI
Ignored
Hmm but this wave is lower than the previous wave. Is it still valid?
A 1 pip gain is better than a 1 pip loss.
 
 
  • Post #10,558
  • Quote
  • Oct 5, 2012 3:12pm Oct 5, 2012 3:12pm
  •  doblece
  • Joined May 2006 | Status: Still here. | 2,602 Posts
Quoting DaddyBear
Disliked
Mama, this is exactly the same spot that the movie "Bye!" was played in our forum 7/25/12.
Ignored
Hmmm ... not now I'm afraid.

However I'd better be flat personally while I await the results on my country's Sunday election. Just in case.
 
 
  • Post #10,559
  • Quote
  • Oct 5, 2012 3:28pm Oct 5, 2012 3:28pm
  •  Luis Carlos
  • | Commercial Member | Joined Jun 2009 | 5,468 Posts
Quoting doblece
Disliked
Hmmm ... not now I'm afraid.

However I'd better be flat personally while I await the results on my country's Sunday election. Just in case.
Ignored
I read that and I thought his from Venezuela for sure.
Stocktwit: LuisCarlos - twitter: @lcparodi
 
 
  • Post #10,560
  • Quote
  • Oct 5, 2012 4:00pm Oct 5, 2012 4:00pm
  •  Luis Carlos
  • | Commercial Member | Joined Jun 2009 | 5,468 Posts
Just follow the path...
Attached Images (click to enlarge)
Click to Enlarge

Name: 1.png
Size: 43 KB Click to Enlarge

Name: 1.1.png
Size: 59 KB Click to Enlarge

Name: 2.png
Size: 72 KB
Stocktwit: LuisCarlos - twitter: @lcparodi
 
 
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