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Aussie Trading Room and Cartoons Gallery

  • #10,821
  • Oct 14, 2012 8:27pm Oct 14, 2012 8:27pm
Can not go up much. Max 1.0228/38.

If it breaks these levels, then bullish.
Intraday only.
  • #10,822
  • Oct 14, 2012 8:33pm Oct 14, 2012 8:33pm
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

Gee whiz! At no point of today, Monday, was the AUD above it's opening of 1.0256.... NEVER EVER above the opening, think about it !!!

Yet someone says it is moving UP and I asked what was the analysis behind that.

I even posted a chart to support my statement, yet....

This is considered criticizing?

And then I am asked to tell what is going to happen, contribute something useful?

While they post nothing?

Is this a clique, or what? Just pat each other on the back?

Made you think about what is going on here, that's for sure!

And some may say that is useful...

YMMV

adios, have a good day



And now it seems they don't even understand each others posts

It takes a lot for me to IGNORE you, but you can try.
  • #10,823
  • Oct 14, 2012 8:35pm Oct 14, 2012 8:35pm
Quoting navk
Can not go up much. Max 1.0228/38.

If it breaks these levels, then bullish.
I'd say 76.40% retracement then drops again. It will not break this line in the sand. IMO
daddybearforex. com
  • #10,824
  • Oct 14, 2012 8:38pm Oct 14, 2012 8:38pm
Quoting Erebus
Gee whiz! At no point of today, Monday, was the AUD above it's opening of 1.0256.... NEVER EVER above the opening, think about it !!!

Yet someone says it is moving UP and I asked what was the analysis behind that.

I even posted a chart to support my statement, yet....

This is considered criticizing?

And then I am asked to tell what is going to happen, contribute something useful?

While they post nothing?

Is this a clique, or what? Just pat each other on the back?

Made you think about what is going on here, that's...
Take it easy. I was not upset about your message. Moving up was not the issue if you read all my posts tonight.
daddybearforex. com
  • #10,825
  • Oct 14, 2012 8:51pm Oct 14, 2012 8:51pm
Oh my god she's taking off.....
  • #10,826
  • Oct 14, 2012 8:53pm Oct 14, 2012 8:53pm
Quoting Daytrader74
Oh my god she's taking off.....
You think so?
daddybearforex. com
  • #10,827
  • Oct 14, 2012 9:34pm Oct 14, 2012 9:34pm
A test of 1.018xx is in the cards.
daddybearforex. com
  • #10,828
  • Oct 14, 2012 9:44pm Oct 14, 2012 9:44pm
This hourly candle needs to close to see if it wants to reverse.
1.0226/32 I expect it to bounce.
Intraday only.
  • #10,829
  • Oct 14, 2012 9:46pm Oct 14, 2012 9:46pm
After a recent period of weakness, the Aussie dollar was able to buck the trend last week to post modest gains. Despite a recent string of less-than-inspiring local directives, technical’s suggested the local unit had fallen too far, too soon, and with the help of slightly more encouraging local jobs data, the stage was set for a reprieve. The highlight of the local week ahead will be the release of the RBA policy meeting minutes on Tuesday. True to form, investors will be looking through the minutes in an effort to find any indication the board can find reason to another 25bps in November. The October statement featured a rather colourless assessment of global economic conditions, noting the risk remain to the downside while acknowledging uncertainty surrounding China's growth prospects is "greater than it was some months ago."
  • #10,830
  • Oct 14, 2012 9:49pm Oct 14, 2012 9:49pm
Quoting navk
This hourly candle needs to close to see if it wants to reverse.
1.0226/32 I expect it to bounce.
This a tricky one 50:50 would say
  • #10,831
  • Oct 14, 2012 9:51pm Oct 14, 2012 9:51pm
Quoting Daytrader74
After a recent period of weakness, the Aussie dollar was able to buck the trend last week to post modest gains. Despite a recent string of less-than-inspiring local directives, technical’s suggested the local unit had fallen too far, too soon, and with the help of slightly more encouraging local jobs data, the stage was set for a reprieve. The highlight of the local week ahead will be the release of the RBA policy meeting minutes on Tuesday. True to form, investors will be looking through the minutes in an effort to find any indication the board...
DT, was this the reason you were long?
daddybearforex. com
  • #10,832
  • Oct 14, 2012 9:56pm Oct 14, 2012 9:56pm
Double bottom has been formed and 1.0200 has provided strong support. Short only if support is broken.
Intraday only.
  • #10,833
  • Oct 14, 2012 9:58pm Oct 14, 2012 9:58pm
lower low is formed. IF 1.020 is broken next support is 1.0164. H1 looks like bearish trap.
  • #10,834
  • Oct 14, 2012 9:58pm Oct 14, 2012 9:58pm
Quoting DaddyBear
DT, was this the reason you were long?

Yes Papa
  • #10,835
  • Oct 14, 2012 10:06pm Oct 14, 2012 10:06pm
After spending the last two weeks focusing on the EUR/USD, I entirely forgot how much I love trading AUD/$ and AUD crosses.

I'd hug them if I could. So instead, I'm just going to exchange some cash into AUD and frame it on my wall.

Love the plastic and window on their bills.

Don't mind me, just in a good mood.
FXGears.com
  • #10,836
  • Oct 14, 2012 10:47pm Oct 14, 2012 10:47pm
Quoting navk
Double bottom has been formed and 1.0200 has provided strong support. Short only if support is broken.
I wouldn't count on this double bottom a strong support.
daddybearforex. com
  • #10,837
  • Oct 14, 2012 10:50pm Oct 14, 2012 10:50pm
Quoting Daytrader74

Yes Papa

I wouldn't rely on those "experts"'s opinions. Use them as references only.
daddybearforex. com
  • #10,838
  • Oct 14, 2012 10:52pm Oct 14, 2012 10:52pm
Quoting DaddyBear
I wouldn't rely on those "experts"'s opinions. Use them as references only.
+1

I wouldn't even read them, might give you a bias.
FXGears.com
  • #10,839
  • Oct 14, 2012 10:55pm Oct 14, 2012 10:55pm
Quoting navk
Double bottom has been formed and 1.0200 has provided strong support. Short only if support is broken.
While some people may see this a double bottom, I see it going to be a double top soon.
daddybearforex. com
  • #10,840
  • Oct 14, 2012 11:11pm Oct 14, 2012 11:11pm
I have noticed a few times about the JPY currency symbol ¥
being used by China for CNY. This is not only confusing people but also indicating a lack of creativity of their own currency symbol.
There must be some "better" design such as a Y and a sickle crossed. Don't they love communism so much? Why borrow something from capitalism Japan?
daddybearforex. com
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