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Aussie Trading Room and Cartoons Gallery

  • #11,001
  • Oct 18, 2012 10:25am Oct 18, 2012 10:25am
Quoting Iro
Dont be so hasty, it might bounce off that tiny trendline off 103584.
If it bounces off, the major level should be close to 1.029xx.
daddybearforex. com
  • #11,002
  • Oct 18, 2012 10:36am Oct 18, 2012 10:36am
Quoting Iro
Dont be so hasty, it might bounce off that tiny trendline off 103584.
Were you talking about previous low. It may provide some cushion or may not. IMO
daddybearforex. com
  • #11,003
  • Oct 18, 2012 10:42am Oct 18, 2012 10:42am
Quoting DaddyBear
The Bear always rings twice. One in the morning and the second one in the afternoon.
This could be a 250 pips run. IMO
daddybearforex. com
  • #11,004
  • Oct 18, 2012 10:44am Oct 18, 2012 10:44am
Quoting DaddyBear
The Bear always rings twice. One in the morning and the second one in the afternoon.
But, it won't come the third time. That is it.
Attached Image
daddybearforex. com
  • #11,005
  • Oct 18, 2012 10:47am Oct 18, 2012 10:47am
Quoting DaddyBear
This could be a 250 pips run. IMO
Actually, it is 210 pips now. I forgot to deduct 40 pips from the peak.
daddybearforex. com
  • #11,006
  • Oct 18, 2012 10:49am Oct 18, 2012 10:49am
Quoting DaddyBear
The Bear always rings twice. One in the morning and the second one in the afternoon.
Looks more like a dog.
Attached Image
  • #11,007
  • Oct 18, 2012 10:55am Oct 18, 2012 10:55am
It was very brutal for the bulls bought at the top. Drop 40+ pips in a hasty way.
Attached Image (click to enlarge)
Click to Enlarge Name: GARGOYLE-4.JPG Size: 44 KB
daddybearforex. com
  • #11,008
  • Oct 18, 2012 10:56am Oct 18, 2012 10:56am
Quoting cfxsignals
Looks more like a dog.
He is a doggish bear if you don't mind.
daddybearforex. com
  • #11,009
  • Oct 18, 2012 11:00am Oct 18, 2012 11:00am
Dw about the trendline. It broke through @ 103766.

Now hopefully it'll behave like in Sept 10, hit 1032 then rally again.
  • #11,010
  • Oct 18, 2012 11:06am Oct 18, 2012 11:06am
Except it don't seem to want to go down =(
  • #11,011
  • Oct 18, 2012 11:52am Oct 18, 2012 11:52am
Quoting Iro
Except it don't seem to want to go down =(
It takes time to digest the steak.
daddybearforex. com
  • #11,012
  • Oct 18, 2012 12:07pm Oct 18, 2012 12:07pm
It could be a long trip for the Bear.
Attached Image (click to enlarge)
Click to Enlarge Name: CARRY.JPG Size: 61 KB
daddybearforex. com
  • #11,013
  • Oct 18, 2012 12:17pm Oct 18, 2012 12:17pm
I feel as if we are all shorting the wrong pair - GBP is going down with much better momentum - aud is barely moving in comparison - as if waiting for another bullish run
  • #11,014
  • Oct 18, 2012 12:43pm Oct 18, 2012 12:43pm
Quoting maximmm
I feel as if we are all shorting the wrong pair - GBP is going down with much better momentum - aud is barely moving in comparison - as if waiting for another bullish run
The game is going to begin. Be patient, young man. Have you ever heard "warm-up"?
daddybearforex. com
  • #11,015
  • Oct 18, 2012 12:47pm Oct 18, 2012 12:47pm
Quoting DaddyBear
The game is going to begin. Be patient, young man. Have you ever heard "warm-up"?
Patience is a virtue with this pair, indeed.

There are two pairs which always made me wonder - Aud and JPY (You could add CHF to that list, but that one is no longer in play).

I suspect that the moment other risk currencies begin to recover from the drop is the point when Aud will drop like a hammer just to confuse everyone^^
  • #11,016
  • Oct 18, 2012 12:50pm Oct 18, 2012 12:50pm
Quoting DaddyBear
The game is going to begin. Be patient, young man. Have you ever heard "warm-up"?
In fact, patience is what I need most. I'd like to see it drops to the parity right away, but, it won't happen that way.
daddybearforex. com
  • #11,017
  • Oct 18, 2012 12:52pm Oct 18, 2012 12:52pm
Quoting maximmm
Patience is a virtue with this pair, indeed.

There are two pairs which always made me wonder - Aud and JPY (You could add CHF to that list, but that one is no longer in play).

I suspect that the moment other risk currencies begin to recover from the drop is the point when Aud will drop like a hammer just to confuse everyone^^
The Aussie may not drop like a hammer but sometimes it's like a rock falling down from the cliff.
daddybearforex. com
  • #11,018
  • Oct 18, 2012 12:56pm Oct 18, 2012 12:56pm
The reason the Aussie is holding up because the pivot is right below. A break of the pivot will generate the momentum. I believe a lot of stops are right below the pivot.
daddybearforex. com
  • #11,019
  • Oct 18, 2012 1:00pm Oct 18, 2012 1:00pm
Quoting DaddyBear
The reason the Aussie is holding up because the pivot is right below. A break of the pivot will generate the momentum. I believe a lot of stops are right below the pivot.
The next battleground would be 1.0322. Bulls and bears will be fighting over during the slowest time of the day.

Before the closing bell, if any, some sizable move may be in the cards. IMO
daddybearforex. com
  • #11,020
  • Oct 18, 2012 1:03pm Oct 18, 2012 1:03pm
Quoting DaddyBear
The next battleground would be 1.0322. Bulls and bears will be fighting over during the slowest time of the day.

Before the closing bell, if any, some sizable move may be in the cards. IMO
In fact, this coming move could be a good trade of today. IMO
daddybearforex. com
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