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Aussie Trading Room and Cartoons Gallery

  • #11,901
  • Oct 29, 2012 11:29am Oct 29, 2012 11:29am
Quoting maximmm
NZD is a very frustrating pair today. Moved on to shorting another frustrating pair - USDCAD^^
Do you belong to a nomadic people? A rolling stone doesn't gather moss.
daddybearforex. com
  • #11,902
  • Oct 29, 2012 11:32am Oct 29, 2012 11:32am
Quoting DaddyBear
Do you belong to a nomadic people? A rolling stone doesn't gather moss.
There are plenty of opportunities in the Aussie trades. Why look around for a dry well while you are next to a spring?
daddybearforex. com
  • #11,903
  • Oct 29, 2012 11:33am Oct 29, 2012 11:33am
I guess the Bull got hit by a rotten apple recently.

http://www.forexfactory.com/attachme...1&d=1351218758
daddybearforex. com
  • #11,904
  • Oct 29, 2012 11:34am Oct 29, 2012 11:34am
Quoting DaddyBear
I guess the Bull got hit by a rotten apple recently.
The Bull end up is still riding on an endless slide .........

http://www.forexfactory.com/attachme...1&d=1351022824
daddybearforex. com
  • #11,905
  • Oct 29, 2012 11:37am Oct 29, 2012 11:37am
Quoting maximmm
In regards to volatility - the rumor is, Nonfarm payrolls could be delayed due to the storm.
This will add more uncertainty to the markets and the Aussie as well.
daddybearforex. com
  • #11,906
  • Oct 29, 2012 11:38am Oct 29, 2012 11:38am
Quoting DaddyBear
This will add more uncertainty to the markets and the Aussie as well.
The markets hate uncertainty, so does the Aussie.
daddybearforex. com
  • #11,907
  • Oct 29, 2012 11:39am Oct 29, 2012 11:39am
Let me revisit this diagram.

http://www.forexfactory.com/attachme...1&d=1351485163

The neck line is still intact.
daddybearforex. com
  • #11,908
  • Oct 29, 2012 11:40am Oct 29, 2012 11:40am
Quoting DaddyBear
Let me revisit this diagram.

http://www.forexfactory.com/attachme...1&d=1351485163

The neck line is still intact.
We are about 60 pips away.
daddybearforex. com
  • #11,909
  • Oct 29, 2012 11:42am Oct 29, 2012 11:42am
Before hitting the neck line, could this be the case?

XX = 60.
Attached Image
daddybearforex. com
  • #11,910
  • Oct 29, 2012 11:43am Oct 29, 2012 11:43am
Quoting DaddyBear
Before hitting the neck line, could this be the case?

XX = 60.
Let me borrow someone's language. "Time will tell!"
daddybearforex. com
  • #11,911
  • Oct 29, 2012 11:45am Oct 29, 2012 11:45am
Quoting DaddyBear
Before hitting the neck line, could this be the case?

XX = 60.
If this does happen, it would be a hard landing.
http://www.forexfactory.com/attachme...1&d=1351528916

A "hard" bounce may occur. IMO
daddybearforex. com
  • #11,912
  • Oct 29, 2012 11:50am Oct 29, 2012 11:50am
Quoting DaddyBear
If this does happen, it would be a hard landing.
http://www.forexfactory.com/attachme...1&d=1351528916

A "hard" bounce may occur. IMO
Next 4 hours may be tough for the Bulls based on the H4 chart.
daddybearforex. com
  • #11,913
  • Oct 29, 2012 12:02pm Oct 29, 2012 12:02pm
Quoting DaddyBear
This will add more uncertainty to the markets and the Aussie as well.
I think this will delay the breach of the neck in most pairs - until the elections.
  • #11,914
  • Edited 12:30pm Oct 29, 2012 12:14pm | Edited 12:30pm
Quoting maximmm
I think this will delay the breach of the neck in most pairs - until the elections.
It's likely, but the result of the election may be delayed due to the storm damages.
daddybearforex. com
  • #11,915
  • Oct 29, 2012 12:15pm Oct 29, 2012 12:15pm
Quoting maximmm
I think this will delay the breach of the neck in most pairs - until the elections.
Are you in Eastern Canada or Western?
daddybearforex. com
  • #11,916
  • Oct 29, 2012 12:40pm Oct 29, 2012 12:40pm
The approaching to the neck line resumes.

http://www.forexfactory.com/attachme...1&d=1351485163
daddybearforex. com
  • #11,917
  • Oct 29, 2012 12:45pm Oct 29, 2012 12:45pm
Quoting DaddyBear
The approaching to the neck line resumes.

http://www.forexfactory.com/attachme...1&d=1351485163
Seems to me, a lot of people are on the sideline now. It may be due to the difficulty of trading recently.
daddybearforex. com
  • #11,918
  • Oct 29, 2012 12:53pm Oct 29, 2012 12:53pm
Quoting DaddyBear
Are you in Eastern Canada or Western?
Eastern
  • #11,919
  • Oct 29, 2012 12:54pm Oct 29, 2012 12:54pm
System update:

Except D1, all TFs are bearish. Among these bearish TFs, H4 is the most critical one because it does not change easily. Although current bearish move has been initiated since last week, this is the moment of confirmation of such sub-trend.
daddybearforex. com
  • #11,920
  • Oct 29, 2012 12:55pm Oct 29, 2012 12:55pm
Quoting maximmm
Eastern
The mega storm Sandy may reach Toronto in days. Hope you are not in that area.
daddybearforex. com
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