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Aussie Trading Room and Cartoons Gallery

  • #12,461
  • Nov 8, 2012 12:30pm Nov 8, 2012 12:30pm
Quoting dbutton1990
I'm still in my long from Tuesday. I would say 1.0479 is next

David
This is what I see .....
Attached Image
daddybearforex. com
  • #12,462
  • Nov 8, 2012 12:32pm Nov 8, 2012 12:32pm
Quoting dbutton1990
I'm still in my long from Tuesday. I would say 1.0479 is next

David
Not sure your entry and time frame are. I wouldn't take long positions at this point. IMO
daddybearforex. com
  • #12,463
  • Nov 8, 2012 12:38pm Nov 8, 2012 12:38pm
Quoting DaddyBear
This is what I see .....
A breakout of the lower TL is in the cards. I add EW to the diagram to make it clear.
Attached Image
daddybearforex. com
  • #12,464
  • Nov 8, 2012 12:45pm Nov 8, 2012 12:45pm
Quoting DaddyBear
A breakout of the lower TL is in the cards. I add EW to the diagram to make it clear.
I am a wave surfer. A big wave is ahead. My K-Whale will be my surfing board.

http://www.forexfactory.com/attachme...1&d=1352348760
daddybearforex. com
  • #12,465
  • Nov 8, 2012 12:47pm Nov 8, 2012 12:47pm
Quoting DaddyBear
I am a wave surfer. A big wave is ahead. My K-Whale will be my surfing board.
CNY CPI tonight may hold up this big wave for a break. But, I may get off the K-Whale before 5 PM due to swap concern.
daddybearforex. com
  • #12,466
  • Nov 8, 2012 12:53pm Nov 8, 2012 12:53pm
Quoting DaddyBear
Not sure your entry and time frame are. I wouldn't take long positions at this point. IMO
Don't take my words. Use your own judgement.
daddybearforex. com
  • #12,467
  • Nov 8, 2012 1:07pm Nov 8, 2012 1:07pm
Quoting DaddyBear
Don't take my words. Use your own judgement.
It was the second chance for anyone who missed the first chance.
daddybearforex. com
  • #12,468
  • Nov 8, 2012 2:33pm Nov 8, 2012 2:33pm
Quoting DaddyBear
CNY CPI tonight may hold up this big wave for a break. But, I may get off the K-Whale before 5 PM due to swap concern.
scalper?
  • #12,469
  • Nov 8, 2012 2:58pm Nov 8, 2012 2:58pm
Quoting DaddyBear
This is what I see .....

Dont trade scared
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #12,470
  • Nov 8, 2012 5:08pm Nov 8, 2012 5:08pm
I'm not too impressed with audusd daily candle close. Or better, yet, not too impressed with the new daily candle opening lower - if it opened higher, the odds of further more down would be greater, but as thing stand - there's much uncertainty in audusd.
  • #12,471
  • Nov 8, 2012 5:12pm Nov 8, 2012 5:12pm
Quoting maximmm
I'm not too impressed with audusd daily candle close. Or better, yet, not too impressed with the new daily candle opening lower - if it opened higher, the odds of further more down would be greater, but as thing stand - there's much uncertainty in audusd.
will be a quite day today i think..
range would be 044 - 03825 ??

data from china on weekend..
  • #12,472
  • Nov 8, 2012 5:22pm Nov 8, 2012 5:22pm
Quoting HelloOz
will be a quite day today i think..
range would be 044 - 03825 ??

data from china on weekend..
Err... you are wrong. Tons of data coming from China today. Not to mention the RBA monetary policy. Today should be quite volatile.

All of the data coming within the next 2 hours.

BTW, in regards to AUD - I won't make any projections, but I would not be surprised if it went higher.... 1.05. Likewise, a move down is possible - hence my lack of confidence. Having said that, I am much more confident in the NZD short - medium term - though I did close a third of my short there, since it may also move up a bit.
  • #12,473
  • Nov 8, 2012 5:27pm Nov 8, 2012 5:27pm
Quoting maximmm
Err... you are wrong. Tons of data coming from China today. Not to mention the RBA monetary policy. Today should be quite volatile.

All of the data coming within the next 2 hours.
you are actually right,
i was looking at the wrong date n day..

btw how long have you been trading for?
  • #12,474
  • Nov 8, 2012 5:47pm Nov 8, 2012 5:47pm
Quoting maximmm
scalper?
I don't have a fixed trading style to fit in. I use my system to trade.
daddybearforex. com
  • #12,475
  • Edited 6:15pm Nov 8, 2012 5:53pm | Edited 6:15pm
Quoting djambazov84
Dont trade scared
Don't quite understand your message. But, it was a 45 pips bear run. My diagram gave a clear picture of the Aussie's next move before the fact not to scare anyone.

http://www.forexfactory.com/attachme...1&d=1352399807
daddybearforex. com
  • #12,476
  • Nov 8, 2012 6:06pm Nov 8, 2012 6:06pm
Quoting HelloOz
you are actually right,
i was looking at the wrong date n day..

btw how long have you been trading for?
3 years or so
  • #12,477
  • Nov 8, 2012 7:44pm Nov 8, 2012 7:44pm
bad news from china and aud didn't go down?
  • #12,478
  • Nov 8, 2012 9:09pm Nov 8, 2012 9:09pm
Quoting Daytrader74
bad news from china and aud didn't go down?
What bad news?
daddybearforex. com
  • #12,479
  • Nov 8, 2012 9:13pm Nov 8, 2012 9:13pm
it's like an asia breakout. dollar index reached crucial point of tide change of its own 23.6 and 50sma. Most pairs should be doing major retracement now, after risk sentiment starts to change.
  • #12,480
  • Nov 8, 2012 9:18pm Nov 8, 2012 9:18pm
Quoting 5percent
it's like an asia breakout. dollar index reached crucial point of tide change of its own 23.6 and 50sma. Most pairs should be doing major retracement now, after risk sentiment starts to change.
Any links?
daddybearforex. com
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