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Aussie Trading Room and Cartoons Gallery

  • #10,801
  • Oct 14, 2012 5:50pm Oct 14, 2012 5:50pm
Quoting DaddyBear
The second top may be higher than the first one or lower. I cannot pin point the level. It may not happen at all.
oh Papa the aussie is going down fast
  • #10,802
  • Oct 14, 2012 5:54pm Oct 14, 2012 5:54pm
Quoting Daytrader74
oh Papa the aussie is going down fast
reason is gold at 1745
Wooooohooooo or Boooooohooooo
  • #10,803
  • Oct 14, 2012 5:54pm Oct 14, 2012 5:54pm
Quoting DaddyBear
The second top may be higher than the first one or lower. I cannot pin point the level. It may not happen at all.
The reason I expected a second top was because the fact that big boys like to play games. When I think it's done then suddenly it goes up right away.

In the Forex market, we have to expect the most unexpected scenarios all the time.
daddybearforex. com
  • #10,804
  • Oct 14, 2012 5:57pm Oct 14, 2012 5:57pm
Mama mentioned an A&E pattern before. This pattern could be applied in this case IMO.
daddybearforex. com
  • #10,805
  • Oct 14, 2012 5:58pm Oct 14, 2012 5:58pm
Quoting DaddyBear
The reason I expected a second top was because the fact that big boys like to play games. When I think it's done then suddenly it goes up right away.

In the Forex market, we have to expect the most unexpected scenarios all the time.
also just closing the gap from friday close and today's open
Wooooohooooo or Boooooohooooo
  • #10,806
  • Oct 14, 2012 5:58pm Oct 14, 2012 5:58pm
Quoting gnomoneey
reason is gold at 1745
But, ChikBear told me gold has nothing to do with the Aussie.
daddybearforex. com
  • #10,807
  • Oct 14, 2012 5:59pm Oct 14, 2012 5:59pm
Quoting DaddyBear
But, ChikBear told me gold has nothing to do with the Aussie.
ok if they say so....
Wooooohooooo or Boooooohooooo
  • #10,808
  • Oct 14, 2012 6:01pm Oct 14, 2012 6:01pm
Quoting gnomoneey
also just closing the gap from friday close and today's open
Now, she is moving up. I unloaded my shorts already. Will try to regroup the positions later.
daddybearforex. com
  • #10,809
  • Oct 14, 2012 6:02pm Oct 14, 2012 6:02pm
Quoting gnomoneey
ok if they say so....
ChikBear is the nickname of an ultra bear in our forum.
daddybearforex. com
  • #10,810
  • Oct 14, 2012 6:02pm Oct 14, 2012 6:02pm
Quoting DaddyBear
Now, she is moving up. I unloaded my shorts already. Will try to regroup the positions later.
good job
Wooooohooooo or Boooooohooooo
  • #10,811
  • Oct 14, 2012 6:05pm Oct 14, 2012 6:05pm
Quoting Daytrader74
oh Papa the aussie is going down fast
DT, do you need anti-acid?

http://www.forexfactory.com/attachme...1&d=1349322434
daddybearforex. com
  • #10,812
  • Oct 14, 2012 6:37pm Oct 14, 2012 6:37pm

FUDGE
  • #10,813
  • Oct 14, 2012 7:25pm Oct 14, 2012 7:25pm
Quoting DaddyBear
Now, she is moving up. I unloaded my shorts already. Will try to regroup the positions later.
Well, if that is moving up, not sure what analysis you are using here?

Attached Image (click to enlarge)
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It takes a lot for me to IGNORE you, but you can try.
  • #10,814
  • Oct 14, 2012 7:46pm Oct 14, 2012 7:46pm
Quoting Erebus
Well, if that is moving up, not sure what analysis you are using here?

Yes if you turn the chart upside down you will see that in fact it is moving up
  • #10,815
  • Oct 14, 2012 8:02pm Oct 14, 2012 8:02pm
Quoting Erebus
Well, if that is moving up, not sure what analysis you are using here?

insteadof stating what is happening tell me what you think is going to happen.
contribute something useful instead of criticizing
just my opinion
Wooooohooooo or Boooooohooooo
  • #10,816
  • Oct 14, 2012 8:03pm Oct 14, 2012 8:03pm
Quoting Erebus
Well, if that is moving up, not sure what analysis you are using here?

I was not talking about a reversal. It was a break. I had to take care of something so I unload all shorts.

I use EWP and ADX. FYI
daddybearforex. com
  • #10,817
  • Oct 14, 2012 8:06pm Oct 14, 2012 8:06pm
I don't feel upset that I unloaded all shorts earlier. Better safe than sorry. Waiting for CNY CPI.
daddybearforex. com
  • #10,818
  • Oct 14, 2012 8:11pm Oct 14, 2012 8:11pm
Quoting gnomoneey
insteadof stating what is happening tell me what you think is going to happen.
contribute something useful instead of criticizing
just my opinion
GM, you have said something I have always thought about what happened in the forums. It's easier to criticize others' opinions with a 20/20 hindsight. But, it is human's nature. I am getting used to such feedback. Thanks. DB
daddybearforex. com
  • #10,819
  • Oct 14, 2012 8:20pm Oct 14, 2012 8:20pm
Quoting DaddyBear
The range may be set between the pivot and S1 at this point. S1 is between weekly 1.0209 and 61.8% retracement. It also close to the LDTL. That spot may provide some soft landing. IMO
The Aussie was bounced back from S1 (1.0207). Could she retest the pivot? May be the Chinese will push her up. IMO
daddybearforex. com
  • #10,820
  • Oct 14, 2012 8:20pm Oct 14, 2012 8:20pm
Quoting DaddyBear
GM, you have said something I have always thought about what happened in the forums. It's easier to criticize others' opinions with a 20/20 hindsight. But, it is human's nature. I am getting used to such feedback. Thanks. DB
if i analyze incorrectly i have no problem taking criticism from someone who have posted their analyst but if u come around and say im wrong for the f@ck of being an a@@hole then you can fudge off out of here....this is a forum of annalist and exchange of ideas...

sorry guys like that bothers me.....i guess im just tired...time to sleep

thanks and good luck to all....

G
Wooooohooooo or Boooooohooooo
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