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Aussie Trading Room and Cartoons Gallery

  • #11,661
  • Oct 26, 2012 12:47pm Oct 26, 2012 12:47pm
Quoting iNSIELD
Which short do you think nets more profit next week AUD/CAD or AUD/USD?
I only trade AUDUSD. Did not monitor other pairs. cannot give you my opinions about your question.
daddybearforex. com
  • #11,662
  • Oct 26, 2012 1:13pm Oct 26, 2012 1:13pm
Quoting DaddyBear
I only trade AUDUSD. Did not monitor other pairs. cannot give you my opinions about your question.
BTW, USDCAD has much higher spread. I wouldn't trade any pairs with wider spreads.
daddybearforex. com
  • #11,663
  • Oct 26, 2012 1:20pm Oct 26, 2012 1:20pm
Quoting DaddyBear
I only trade AUDUSD. Did not monitor other pairs. cannot give you my opinions about your question.
Hey DB do you think should short the aussie into the weekend?
There are those who know, and there are those who don't know.
  • #11,664
  • Oct 26, 2012 1:35pm Oct 26, 2012 1:35pm
Quoting palabara
Hey DB do you think should short the aussie into the weekend?
There is no major news this weekend and Monday. So it's up to you.
daddybearforex. com
  • #11,665
  • Oct 26, 2012 1:46pm Oct 26, 2012 1:46pm
Quoting DaddyBear
There is no major news this weekend and Monday. So it's up to you.
We have seen LL and LH today up to this point.
daddybearforex. com
  • #11,666
  • Oct 26, 2012 1:50pm Oct 26, 2012 1:50pm
Quoting DaddyBear
We have seen LL and LH today up to this point.
Does this mean something? You have to make your own mind.
daddybearforex. com
  • #11,667
  • Oct 26, 2012 1:56pm Oct 26, 2012 1:56pm
Quoting DaddyBear
We have seen LL and LH today up to this point.
what is LL and LH?
  • #11,668
  • Oct 26, 2012 2:01pm Oct 26, 2012 2:01pm
Quoting Tim_isoara
what is LL and LH?
LL = Lower Low (Daily)
LH = Lower High (Daily)
daddybearforex. com
  • #11,669
  • Oct 26, 2012 2:02pm Oct 26, 2012 2:02pm
Quoting DaddyBear
Does this mean something? You have to make your own mind.
ill probably do it.. I think it will ease its way down.. some what. Not looking for much.
There are those who know, and there are those who don't know.
  • #11,670
  • Oct 26, 2012 2:03pm Oct 26, 2012 2:03pm
Quoting DaddyBear
The US GDP was good but the Aussie moved up. This happened before as well. I am not clear about big boys' mindset why they believed this news was positive for the Aussie.

This may prove my understanding that the fundamentals are not the real driving forces behind the markets' moves. IMO
As you said, technical analysis is the key. Fundamentals may be applied long term - but it all seems rather mystical short term.

It's a bit unfortunate that apple stock fall was not the catalyst of the downward move. That would suggest that Romney will win the elections. The world is in for some troublesome times...

Military expansion, economy war with China, harder line with Russia - we could well see another cold war. I'm basing this on the info from Romney's debate with Obama.

Locally, women are going to have rights issues.... that could also spread to minorities.

As far as economy goes - an economy-based war with China may boost the local manufacturing/business output - but the tensions in the world will rise. Frankly, I'm not looking forward to any of it.
  • #11,671
  • Oct 26, 2012 2:16pm Oct 26, 2012 2:16pm
Quoting palabara
ill probably do it.. I think it will ease its way down.. some what. Not looking for much.
it will ease its way down.

Why do you think so? Did you short?
daddybearforex. com
  • #11,672
  • Oct 26, 2012 2:21pm Oct 26, 2012 2:21pm
Quoting maximmm
As you said, technical analysis is the key. Fundamentals may be applied long term - but it all seems rather mystical short term.

It's a bit unfortunate that apple stock fall was not the catalyst of the downward move. That would suggest that Romney will win the elections. The world is in for some troublesome times...

Military expansion, economy war with China, harder line with Russia - we could well see another cold war. I'm basing this on the info from Romney's debate with Obama.

Locally, women are going to have rights issues.... that...
I don't prefer either one in the White House next four years, but, Obama is definitely not my choice.
daddybearforex. com
  • #11,673
  • Oct 26, 2012 2:45pm Oct 26, 2012 2:45pm
Quoting DaddyBear
I don't prefer either one in the White House next four years, but, Obama is definitely not my choice.
Only because of taxes??
  • #11,674
  • Oct 26, 2012 2:47pm Oct 26, 2012 2:47pm
Quoting maximmm
Only because of taxes??
Just don't think he deserves another term.
daddybearforex. com
  • #11,675
  • Oct 26, 2012 2:52pm Oct 26, 2012 2:52pm
I often wondered about this - just how much meaning people give money.

Scenario: An asteroid is heading towards earth. The decision is made to send a rocket to earth and blow it up - but the cost would be placed on people in form of taxes+several lifestyle changes.

Given the current economical/mental climate of people - I suspect that they would probably vote tax hike down and do nothing instead - wait for the asteroid to hit.

When I look at Obama and Romney, I think of it as ying and yang in terms of world stability. Romney would bring world tension with the benefit of tax cut. Obama would bring world stability but with the cost of tax increase (for the wealthy).

For me the choice seems quite clear.... but... given Bush being reelected 2nd time - and given the asteroid scenario - I do suspect the mankind is really lucky to have existed even this long.
  • #11,676
  • Oct 26, 2012 2:55pm Oct 26, 2012 2:55pm
Quoting DaddyBear
Just don't think he deserves another term.
May I ask why?
Have you watched their debates?

The key point is that you have two choices, Romney or Obama.
It's not about who deserves it more - but more about who is more likely to destabilize the world.
  • #11,677
  • Oct 26, 2012 10:52pm Oct 26, 2012 10:52pm
Daily FX

"Prices put in a Shooting Star candlestick below resistance at 1.0397, the 23.6% Fibonacci expansion level, hinting a move lower may be ahead."

http://www.dailyfx.com/forex/technical/home/analysis/aud-usd/2012/10/26/Forex_Analysis_AUDUSD_Classic_Technical_Report_10.26.2012.html
daddybearforex. com
  • #11,678
  • Oct 26, 2012 10:53pm Oct 26, 2012 10:53pm
Quoting maximmm
May I ask why?
Have you watched their debates?

The key point is that you have two choices, Romney or Obama.
It's not about who deserves it more - but more about who is more likely to destabilize the world.
Obama is not my choice, period.
daddybearforex. com
  • #11,679
  • Oct 26, 2012 11:23pm Oct 26, 2012 11:23pm
Quoting DaddyBear
Daily FX

"Prices put in a Shooting Star candlestick below resistance at 1.0397, the 23.6% Fibonacci expansion level, hinting a move lower may be ahead."

http://www.dailyfx.com/forex/technical/home/analysis/aud-usd/2012/10/26/Forex_Analysis_AUDUSD_Classic_Technical_Report_10.26.2012.html
If fact, the Shooting Star occurred yesterday. Today is an Evening Star.
daddybearforex. com
  • #11,680
  • Oct 27, 2012 12:02am Oct 27, 2012 12:02am
Quoting maximmm
May I ask why?
Have you watched their debates?
http://www.paulcraigroberts.org/2012/10/24/in-amerika-will-never-real-debate/ (http://www.paulcraigroberts.org/2012/10/24/in-amerika-will-never-real-debate/)

CLick on some of the Army links if you don't already have this knowledge - Roberts has it 100% correct and tells for what the vote you'd make gives permission. PLEASE do read it. Our country is in desperate,desperate state. I listened today to many current military describing the training they are undergoing. Unless you realize our country has been taken over with payoffs and blackmail at very high levels you cannot even come close to a hint, whiff of just how bad things are. We are under heavy mind control and very sophisticated propaganda; our people are heavily fluoridated, vaccine damaged, and otherwise compromised. We are weak. We do not realize that what we have done to other people in other countries WILL be brought home - and this is not metaphysical: I listened to returning military describing that what they did, they see happening here. NO VOTE should be cast. Have integrity and abstain.
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