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Aussie Trading Room and Cartoons Gallery

  • #11,881
  • Oct 29, 2012 9:43am Oct 29, 2012 9:43am
AUD - waiting for elections
  • #11,882
  • Oct 29, 2012 9:58am Oct 29, 2012 9:58am
Quoting DaddyBear
After formed an Evening Star Friday, at this point, an inside bar is forming.
Looks like she is going to break the H1 LTL.
daddybearforex. com
  • #11,883
  • Oct 29, 2012 10:01am Oct 29, 2012 10:01am
Quoting DaddyBear
Looks like she is going to break the H1 LTL.
If the LTL is broken, the next one is the H4 neck line currently at 1.026xx.

http://www.forexfactory.com/attachme...1&d=1351485163
daddybearforex. com
  • #11,884
  • Oct 29, 2012 10:06am Oct 29, 2012 10:06am
Quoting DaddyBear
If the LTL is broken, the next one is the H4 neck line currently at 1.026xx.

http://www.forexfactory.com/attachme...1&d=1351485163
All lower TF are bearish. H4 is in a cliffhanger status. To be more precisely, it's on the verge of a potential breakdown.
daddybearforex. com
  • #11,885
  • Oct 29, 2012 10:10am Oct 29, 2012 10:10am
Quoting DaddyBear
All lower TF are bearish. H4 is in a cliffhanger status. To be more precisely, it's on the verge of a potential breakdown.
The question now is whether or not she will be bounced off from the neck line like this chart.

http://www.forexfactory.com/attachme...1&d=1351359429
daddybearforex. com
  • #11,886
  • Oct 29, 2012 10:11am Oct 29, 2012 10:11am
Quoting DaddyBear
The question now is whether or not she will be bounced off from the neck line like this chart.
Or, the other way around like this one.

http://www.forexfactory.com/attachme...1&d=1351359668
daddybearforex. com
  • #11,887
  • Oct 29, 2012 10:12am Oct 29, 2012 10:12am
Quoting maximmm
AUD - waiting for elections
Do you think she will stay at this level until after the election?
daddybearforex. com
  • #11,888
  • Edited 11:15am Oct 29, 2012 11:00am | Edited 11:15am
Quoting DaddyBear
All lower TF are bearish. H4 is in a cliffhanger status. To be more precisely, it's on the verge of a potential breakdown.
The H1 LTL was broken. H4 turns to bearish. Looks like a breakdown or a plunge is underway.
daddybearforex. com
  • #11,889
  • Oct 29, 2012 11:01am Oct 29, 2012 11:01am
Quoting DaddyBear
The neck line was broken. H4 turns to bearish. Looks like a breakdown or a plunge is underway.
The next neck line is currently at 1.0266. It may be hit today.
daddybearforex. com
  • #11,890
  • Oct 29, 2012 11:05am Oct 29, 2012 11:05am
Quoting DaddyBear
The H1 LTL was broken. H4 turns to bearish. Looks like a breakdown or a plunge is underway.
It was an easy trade before the breaking of the neck line. A quick 20 pips. I guess nobody took that trade.
daddybearforex. com
  • #11,891
  • Oct 29, 2012 11:07am Oct 29, 2012 11:07am
Quoting DaddyBear
It was an easy trade before the breaking of the neck line. A quick 20 pips. I guess nobody took that trade.
The trick in the Forex market is when it does not move, it could be a good entry as long as you can read the charts and the indicators correctly.
daddybearforex. com
  • #11,892
  • Oct 29, 2012 11:10am Oct 29, 2012 11:10am
Quoting DaddyBear
The trick in the Forex market is when it does not move, it could be a good entry as long as you can read the charts and the indicators correctly.
As mentioned earlier this morning in the previous posts, all lower TF were bearish. This meant a short scalping opportunity.
daddybearforex. com
  • #11,893
  • Oct 29, 2012 11:13am Oct 29, 2012 11:13am
Quoting DaddyBear
As mentioned earlier this morning in the previous posts, all lower TF were bearish. This meant a short scalping opportunity.
Actually, H4 ADX was on the verge of a breakdown. Now the daily ADX indicates a similar pattern like the H4 ADX before the breakdown. This means a similar breakdown may occur in the daily context but with a much larger scale.
daddybearforex. com
  • #11,894
  • Oct 29, 2012 11:20am Oct 29, 2012 11:20am
My concern now is whether or not this mega storm will bring the US back to recession. The consequence of this storm's damage may be similar to the impact on Japan after the 3/11 earthquake.
daddybearforex. com
  • #11,895
  • Oct 29, 2012 11:21am Oct 29, 2012 11:21am
Quoting DaddyBear
My concern now is whether or not this mega storm will bring the US back to recession. The consequence of this storm's damage may be similar to the impact on Japan after the 3/11 earthquake.
Also, what will happen to the Aussie?
daddybearforex. com
  • #11,896
  • Oct 29, 2012 11:21am Oct 29, 2012 11:21am
Quoting DaddyBear
My concern now is whether or not this mega storm will bring the US back to recession. The consequence of this storm's damage may be similar to the impact on Japan after the 3/11 earthquake.
I really don't think that's going to be the case - don't buy into the hype, seriously.
  • #11,897
  • Oct 29, 2012 11:22am Oct 29, 2012 11:22am
NZD is a very frustrating pair today. Moved on to shorting another frustrating pair - USDCAD^^
  • #11,898
  • Oct 29, 2012 11:24am Oct 29, 2012 11:24am
While the mega storm Sandy is hitting the US east seaboard, a storm is also brewing at the horizon of the Aussie's TRADE-SCAPE. IMO
daddybearforex. com
  • #11,899
  • Oct 29, 2012 11:24am Oct 29, 2012 11:24am
In regards to volatility - the rumor is, Nonfarm payrolls could be delayed due to the storm.
  • #11,900
  • Oct 29, 2012 11:26am Oct 29, 2012 11:26am
Quoting maximmm
I really don't think that's going to be the case - don't buy into the hype, seriously.
I hope this mega storm won't cause too much damages because I am in this area to be hit hard. But, my researches indicate otherwise.
daddybearforex. com
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