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Aussie Trading Room and Cartoons Gallery

  • #10,901
  • Oct 16, 2012 3:03pm Oct 16, 2012 3:03pm
Quoting DaddyBear
At this point, the ADX of all charts indicate a northbound movement.
Although it's close to the market close, such a nice trade is rare not to mention the positive swap.
daddybearforex. com
  • #10,902
  • Oct 16, 2012 3:07pm Oct 16, 2012 3:07pm
'Hanging Man' candlestick on H4. It could indicate trend reversal (still, breakout will take place 59% of the time)
  • #10,903
  • Oct 16, 2012 3:22pm Oct 16, 2012 3:22pm
Quoting Raftron
'Hanging Man' candlestick on H4. It could indicate trend reversal (still, breakout will take place 59% of the time)
I don't see a hanging man on H4. Can you post your chart?
daddybearforex. com
  • #10,904
  • Oct 16, 2012 3:30pm Oct 16, 2012 3:30pm
There will be a decent retracement. I will reload the positions.
daddybearforex. com
  • #10,905
  • Oct 16, 2012 3:34pm Oct 16, 2012 3:34pm
Quoting DaddyBear
I don't see a hanging man on H4. Can you post your chart?
No problem. I am not experienced trader so you are probably right. Chart attached.
Attached Image (click to enlarge)
Click to Enlarge Name: hm.jpg Size: 100 KB
  • #10,906
  • Oct 16, 2012 3:36pm Oct 16, 2012 3:36pm
Quoting DaddyBear
I don't see a hanging man on H4. Can you post your chart?
Although I don't see a hanging man in H4, I do see a hanging Bull.

http://www.forexfactory.com/attachme...1&d=1345776530
daddybearforex. com
  • #10,907
  • Oct 16, 2012 3:40pm Oct 16, 2012 3:40pm
Quoting DaddyBear
I don't see a hanging man on H4. Can you post your chart?
Funny enough, the hanging man developed on EUR/USD, EUR/JPY, GBP/USD, at least from what I can see (H4 charts).
  • #10,908
  • Oct 16, 2012 3:42pm Oct 16, 2012 3:42pm
Quoting DaddyBear
Although I don't see a hanging man in H4, I do see a hanging Bull.

haha It probably is.

Hanging man appears in an uptrend price movement and the candlesticks from pairs mentioned above do look like hanging man. If it wasn't for the funny name of this candlestick I probably would never spot it
  • #10,909
  • Oct 16, 2012 3:47pm Oct 16, 2012 3:47pm
Quoting DaddyBear
Although I don't see a hanging man in H4, I do see a hanging Bull.
A time for the Bull.
Attached Image (click to enlarge)
Click to Enlarge Name: LESS.JPG Size: 40 KB
daddybearforex. com
  • #10,910
  • Oct 16, 2012 4:29pm Oct 16, 2012 4:29pm

The only way is UP for you and me baby....oh yeah!
  • #10,911
  • Oct 16, 2012 4:33pm Oct 16, 2012 4:33pm

Ladies and gentleman....we have commenced take off...please fasten your seat belts and stay tuned for further instructions...
  • #10,912
  • Oct 16, 2012 5:25pm Oct 16, 2012 5:25pm
Quoting Raftron
No problem. I am not experienced trader so you are probably right. Chart attached.
A candle cannot be defined just by its form only. Other factors must be also taken into consideration such as the location, the size and the relationship. IMO
daddybearforex. com
  • #10,913
  • Oct 16, 2012 6:02pm Oct 16, 2012 6:02pm
Quoting DaddyBear
Although I don't see a hanging man in H4, I do see a hanging Bull.

http://www.forexfactory.com/attachme...1&d=1345776530
how the bull ended up on a tree in underwear, is what I have been trying to figure out, any Idea's?
  • #10,914
  • Oct 16, 2012 6:08pm Oct 16, 2012 6:08pm
and he looks like a hippo.


Quoting sinqua
how the bull ended up on a tree in underwear, is what I have been trying to figure out, any Idea's?
  • #10,915
  • Oct 16, 2012 6:10pm Oct 16, 2012 6:10pm
Quoting HelloOz
and he looks like a hippo.
Let me call him hippo-bull.
daddybearforex. com
  • #10,916
  • Oct 16, 2012 6:11pm Oct 16, 2012 6:11pm
Quoting sinqua
how the bull ended up on a tree in underwear, is what I have been trying to figure out, any Idea's?
I tried to figure it out as well.
daddybearforex. com
  • #10,917
  • Oct 16, 2012 8:59pm Oct 16, 2012 8:59pm
Quoting DaddyBear
If the Aussie breaks this channel, my EW count will have higher probability to occur.

http://www.forexfactory.com/attachme...1&d=1349317469
http://www.forexfactory.com/showthread.php?p=6105253#post6105253

take a look at this and it might change your mind regarding your short.

here's my long term outlook and reason for me taking this long on sunday

http://www.forexfactory.com/attachme...1&d=1350438543 (http://www.forexfactory.com/attachment.php?attachmentid=1059613&d=1350438543)

everyone take note of the yellow dots as these are areas of pivots and wave changes....

blue tl is the next wave that started on 1.014x last week

and yes 1.0340 is an area that might cause a drop back to 1.0166-pivot support and if breached then back to 0.96
Wooooohooooo or Boooooohooooo
  • #10,918
  • Oct 16, 2012 9:46pm Oct 16, 2012 9:46pm
Quoting gnomoneey
http://www.forexfactory.com/showthread.php?p=6105253#post6105253

take a look at this and it might change your mind regarding your short.

here's my long term outlook and reason for me taking this long on sunday

http://www.forexfactory.com/attachme...1&d=1350438543 (http://www.forexfactory.com/attachment.php?attachmentid=1059613&d=1350438543)

everyone take note of the yellow dots as these are areas of pivots and wave changes....

blue tl is the next wave that started on 1.014x...
GM, my EW chart is a bullish one. But, I do short the Aussie from time to time.
daddybearforex. com
  • #10,919
  • Oct 16, 2012 9:50pm Oct 16, 2012 9:50pm
Quoting DaddyBear
GM, my EW chart is a bullish one. But, I do short the Aussie from time to time.
sorry i just cut and pasted this from my post on luis carlos' thread....i know you are currently bullish like myself when everyone was short....

i've been posting this hs since the head was going down and now we are on right shoulder on the way up...
Wooooohooooo or Boooooohooooo
  • #10,920
  • Oct 16, 2012 10:11pm Oct 16, 2012 10:11pm
Quoting gnomoneey
sorry i just cut and pasted this from my post on luis carlos' thread....i know you are currently bullish like myself when everyone was short....

i've been posting this hs since the head was going down and now we are on right shoulder on the way up...
No problem, GM. I am not sure if there will be a retracement to H4 LTL or this baby keeps going up.

Since daily channel has been broken, shorting may be very risky at this point. IMO
daddybearforex. com
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