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AUD/USD

  • #54,041
  • Oct 16, 2012 3:29am Oct 16, 2012 3:29am
Quoting bogus
E/a short looking good.
Still waiting for news. Euro might gain if more good news are coming out and EU summit about Greece.
  • #54,042
  • Oct 16, 2012 3:39am Oct 16, 2012 3:39am
I have a shooting star for my previous hourly candle. It is a bearish shooting start. And the current hourly candle, if it holds and continues downward with momentum, then we could get a bearsith 3 inside down pattern, which could start forming the neck of a bearish head and shoulders if it goes down far enough..

Those are my TA views. As far as fundies, I finally found some article saying people were buy risk on in hopes of Spain getting bailed out, and better than expected housing states from America. So, those stats having been cycling for well over 16 hours now. So, if we get a plump and dump on the stock indexes, etc, then the fundies would go with the candle patterns.

Just my view.
Luck has no place in trading. Leave that for the poker table.
  • #54,043
  • Oct 16, 2012 3:47am Oct 16, 2012 3:47am
Quoting Pair-me-up
I have a shooting star for my previous hourly candle. It is a bearish shooting start. And the current hourly candle, if it holds and continues downward with momentum, then we could get a bearsith 3 inside down pattern, which could start forming the neck of a bearish head and shoulders if it goes down far enough..

Those are my TA views. As far as fundies, I finally found some article saying people were buy risk on in hopes of Spain getting bailed out, and better than expected housing states from America. So, those stats having been cycling...
Yea I also see the shooting star pattern on AUD/USD previous H1 candle. Have to wait and see how the current H1 candle closes.
  • #54,044
  • Oct 16, 2012 3:49am Oct 16, 2012 3:49am
Quoting 100PipsADay
Yea I also see the shooting star pattern on AUD/USD previous H1 candle. Have to wait and see how the current H1 candle closes.
Agreed. Now it looks like a spinner. Let's see what can happen in the next 10 minutes-ish
Luck has no place in trading. Leave that for the poker table.
  • #54,045
  • Oct 16, 2012 3:50am Oct 16, 2012 3:50am
Quoting Pair-me-up
I have a shooting star for my previous hourly candle. It is a bearish shooting start. And the current hourly candle, if it holds and continues downward with momentum, then we could get a bearsith 3 inside down pattern, which could start forming the neck of a bearish head and shoulders if it goes down far enough..

Those are my TA views. As far as fundies, I finally found some article saying people were buy risk on in hopes of Spain getting bailed out, and better than expected housing states from America. So, those stats having been cycling...
Do you think THIS might help the analysis?
  • #54,046
  • Oct 16, 2012 3:54am Oct 16, 2012 3:54am
Quoting Ken A
Do you think THIS might help the analysis?

They must be at a very popular temple or shrine.
Luck has no place in trading. Leave that for the poker table.
  • #54,047
  • Oct 16, 2012 3:55am Oct 16, 2012 3:55am
Quoting Ken A
Do you think THIS might help the analysis?
LOL What the hell was that about?
  • #54,048
  • Oct 16, 2012 3:58am Oct 16, 2012 3:58am
Quoting Ken A
Do you think THIS might help the analysis?
banter much?
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #54,049
  • Oct 16, 2012 3:59am Oct 16, 2012 3:59am
Quoting 100PipsADay
LOL What the hell was that about?
I can't help it because I notice Pair-me-up is from ROC

I think It's cultural belief but not sure. Perhaps Pair-me-up care to give some insights
  • #54,050
  • Oct 16, 2012 4:04am Oct 16, 2012 4:04am
Quoting Ken A
I can't help it because I notice Pair-me-up is from ROC

I think It's cultural belief but not sure. Perhaps Pair-me-up care to give some insights
Haha, gotcha!

Hey have you heard from Swissy lately? Haven't seen him on for a few weeks now...
  • #54,051
  • Oct 16, 2012 4:11am Oct 16, 2012 4:11am
Quoting 100PipsADay
Haha, gotcha!

Hey have you heard from Swissy lately? Haven't seen him on for a few weeks now...
I kinda miss him too but some lousy posters drive him away from FF. He is one of the great posters in FF. I think you can find him in Twitter or FB with PT.

Never talked to him since he left because have no Twitter account and don't know how to twit
  • #54,052
  • Oct 16, 2012 4:13am Oct 16, 2012 4:13am
Quoting Ken A
I can't help it because I notice Pair-me-up is from ROC

I think It's cultural belief but not sure. Perhaps Pair-me-up care to give some insights
In Asia just like most countries there are many religions and gods.

Many people pray to their ancestors. And they also, pray to the god of earth. Those are some very basic/common ones. In the current Republic of China a.k.a Taiwan. Chinese brought there culture to this island which has been inhabited by the natives.. (Malay Polenisian=they are the forefathers of Hawaii, Samoa, Tonga, and a few other places). They don't have sounds tones like Chinese. Also, throughout Asia you can go and pray to many gods. The god of money, the god of drinking and playing, etc. That picture just shows people doing bai bai... sounds like bye bye with your voice droppping from high to low.

But western history is interesting as well. About 500 years ago, in Great Britain no one spoke English. They spoke an ancient dialect of Celtic. When the 2 german tribes came and conquered Great Britain those original inhabitants fleed to the out lying areas. Thus Ireland, Scottland, etc. So, English is a western Germanic dialect. So, are English people really of German descent? Hmmm.. In the 1600(s) People in Great Britain spoke the same accent for English. by the 1700(s) People still living in Great Britain started to lose the r sound after vowels, but the English speakers that moved to the new World still speak the standard English on the west coast of America and Canada. Don't even get me started on all the French spelling of English words on both sides.

Anyways.. back to trading.. Looks like after 32 hours of 4 hour bull candles, we may have our first bear candles. Time will tell.

By the way.. The French in Canada also speak the orginial French.
Luck has no place in trading. Leave that for the poker table.
  • #54,053
  • Oct 16, 2012 4:20am Oct 16, 2012 4:20am
Quoting Ken A
I kinda miss him too but some lousy posters drive him away from FF. He is one of the great posters in FF. I think you can find him in Twitter or FB with PT.

Never talked to him since he left because have no Twitter account and don't know how to twit
Damn that sucks but I figured that's what happened. What happened to the simple concept known as respect? I learned a lot from him... I'll try and look him up as I know how to twit! LOL
  • #54,054
  • Oct 16, 2012 4:20am Oct 16, 2012 4:20am
Quoting Pair-me-up
In Asia just like most countries there are many religions and gods.

Many people pray to their ancestors. And they also, pray to the god of earth. Those are some very basic/common ones. In the current Republic of China a.k.a Taiwan. Chinese brought there culture to this island which has been inhabited by the natives.. (Malay Polenisian=they are the forefathers of Hawaii, Samoa, Tonga, and a few other places). They don't have sounds tones like Chinese. Also, throughout Asia you can go and pray to many gods. The god of money, the god of drinking...
Thanks.

Maybe it is safe to conclude that Taiwan is as Central Bank of all Gods and Goddess
  • #54,055
  • Oct 16, 2012 4:22am Oct 16, 2012 4:22am
Looks like we have about 39 more minutes to see if the bearish 3 inside down pattern will hold on the hourly candle.
Luck has no place in trading. Leave that for the poker table.
  • #54,056
  • Oct 16, 2012 4:23am Oct 16, 2012 4:23am
Quoting 100PipsADay
Damn that sucks but I figured that's what happened. What happened to the simple concept known as respect? I learned a lot from him... I'll try and look him up as I know how to twit! LOL
My regards to him if you happen to bump into him. I will learn if they change Twitter to something else LOL
  • #54,057
  • Oct 16, 2012 4:32am Oct 16, 2012 4:32am
Quoting Ken A
Thanks.

Maybe it is safe to conclude that Taiwan is as Central Bank of all Gods and Goddess

I don't know about that one. Money is man mad. God didn't create money, man did. Before we all used the bartering system.

like... hey I will trade you these 2 chickens for that pig.. lol or something like that.

Kind of like Forex... we are exchanging one value for another.
Luck has no place in trading. Leave that for the poker table.
  • #54,058
  • Oct 16, 2012 4:36am Oct 16, 2012 4:36am
Quoting Pair-me-up
Looks like we have about 39 more minutes to see if the bearish 3 inside down pattern will hold on the hourly candle.
I'm not familiar with 3 Inside Down pattern. Will have to look it up...

But if it is Bearish and supports my positions then I also would like to see the 3 Inside Down Pattern hold...
  • #54,059
  • Oct 16, 2012 4:44am Oct 16, 2012 4:44am
Hi Pair-Me-Up,

I don't normally trade using candle stick patterns unless it is Monthly or Weekly candles. Sometimes I will look for daily candles but not very often.

With that being said, do you find the smaller time frame (H1) candle stick patterns to be just as reliable as the Daily candles?
  • #54,060
  • Oct 16, 2012 4:53am Oct 16, 2012 4:53am
Quoting Pair-me-up
Looks like we have about 39 more minutes to see if the bearish 3 inside down pattern will hold on the hourly candle.
I will also watch USDX. Dollar weakness might accelerate AUD.
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