Aussie Trading Room and Cartoons Gallery | Page 631 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading Cartoons and Pics 2,832 replies

EUR/USD Trading Room 328 replies

Do The Trading Room 20 replies

Attachments: Aussie Trading Room and Cartoons Gallery
Exit Attachments

Aussie Trading Room and Cartoons Gallery

  • #12,601
  • Nov 10, 2012 12:00am Nov 10, 2012 12:00am
Quoting DaddyBear
In the weekly chart, a shooting star has formed but not been confirmed. So far, it's still bullish but near the top. The scenario next week could be the Bulls are in control in the first half and the Bears takes over later. 3 daily candles shall be enough to complete the next up wave. IMO
This daily channel indicates 3 candles are typical of constructing one wave.

http://www.forexfactory.com/attachme...1&d=1352517283
daddybearforex. com
  • #12,602
  • Nov 10, 2012 12:02am Nov 10, 2012 12:02am
Quoting DaddyBear
In the weekly chart, a shooting star has formed but not been confirmed. So far, it's still bullish but near the top. The scenario next week could be the Bulls are in control in the first half and the Bears takes over later. 3 daily candles shall be enough to complete the next up wave. IMO
I have no problems with that projection. As long as weekly candle is bearish^^
  • #12,603
  • Nov 10, 2012 12:04am Nov 10, 2012 12:04am
Quoting maximmm
I have no problems with that projection. As long as weekly candle is bearish^^
It could be a Doji either green or red.
daddybearforex. com
  • #12,604
  • Edited 2:19pm Nov 10, 2012 12:09am | Edited 2:19pm
ANNOUNCEMENT:

Please vote for your component when making trading decisions. This poll will help everyone understand what other members are thinking when they enter trades. Thanks. DB

Note: You are welcome to post your rationales as to why your component is important. Such exchanges will help all of us trade better. This is the reason why we are here.
daddybearforex. com
  • #12,605
  • Nov 10, 2012 12:16am Nov 10, 2012 12:16am
Good day/night to everyone on this amazing forum, just to let you know the new market strips comic post is out and as promised to DaddyBear I will post it here:

http://4.bp.blogspot.com/-zcES0upAbH...2012-11-10.JPG
  • #12,606
  • Edited 1:21am Nov 10, 2012 12:18am | Edited 1:21am
I chose "Time" as my component. The reason is that knowing when to trade and when not to trade is the first step to win in the Forex market.

A time to trade. I trade on waves. The beginning and the ending of a major wave won't happen in off-peak hours. Knowing when to trade may be easier than knowing when not to trade. IMO
daddybearforex. com
  • #12,607
  • Nov 10, 2012 12:20am Nov 10, 2012 12:20am
Quoting Eric D
Good day/night to everyone on this amazing forum, just to let you know the new market strips comic post is out and as promised to DaddyBear I will post it here:

http://4.bp.blogspot.com/-zcES0upAbH...2012-11-10.JPG
Eric thanks for your contributions. You are good in depicting facial expressions. Very nice. DB
daddybearforex. com
  • #12,608
  • Nov 10, 2012 12:26am Nov 10, 2012 12:26am
Quoting DaddyBear
Eric thanks for your contributions. You are good in depicting facial expressions. Very nice. DB
Very kind of yours DaddyBear, a pleasure...
  • #12,609
  • Nov 10, 2012 12:28am Nov 10, 2012 12:28am
You should put money management and supply/demand, and maybe fundies. Maybe other, too. But if you leave what is up there, then I'd have to say time.
Play the players, not the cards.
  • #12,610
  • Nov 10, 2012 12:29am Nov 10, 2012 12:29am
Quoting Eric D
Very kind of yours DaddyBear, a pleasure...
BTW, your handwriting is very neat.
daddybearforex. com
  • #12,611
  • Nov 10, 2012 12:32am Nov 10, 2012 12:32am
Quoting GnarlyPips
You should put money management and supply/demand, and maybe fundies. Maybe other, too. But if you leave what is up there, then I'd have to say time.
FF only allows 5 answers. Otherwise, I would include your suggestions. Supply/demand are the same as supports and resistances.
daddybearforex. com
  • #12,612
  • Nov 10, 2012 12:34am Nov 10, 2012 12:34am
Quoting DaddyBear
BTW, your handwriting is very neat.
Had to cheat on that one to be honest, now I do the same as Scott Adams (pc made text), I have always written pretty ugly since I learn to...
  • #12,613
  • Nov 10, 2012 12:37am Nov 10, 2012 12:37am
Quoting DaddyBear
FF only allows 5 answers. Otherwise, I would include your suggestions. Supply/demand are the same as supports and resistances.

If they are the same, then why are they called different things? A very large candle with little/no wick can be seen as an imbalance of S/D, while S/R are trend lines.
Play the players, not the cards.
  • #12,614
  • Edited 1:24am Nov 10, 2012 12:39am | Edited 1:24am
As mentioned before, I wouldn't act as a BULLEAR to post dual-view comments on the Aussie's next moves. I consider my comments as projections not predictions. My projections may be fulfilled or may not be at all. Please trade with your own judgements.


http://www.forexfactory.com/attachme...1&d=1342422802
daddybearforex. com
  • #12,615
  • Nov 10, 2012 12:42am Nov 10, 2012 12:42am
Quoting GnarlyPips
If they are the same, then why are they called different things? A very large candle with little/no wick can be seen as an imbalance of S/D, while S/R are trend lines.
Seems to me S/D is the same as S/R. May be you can post your views in details. Thanks.
daddybearforex. com
  • #12,616
  • Nov 10, 2012 12:54am Nov 10, 2012 12:54am
Quoting DaddyBear
As mentioned before, I wouldn't act as a BULLEAR to post a dual-view comments on the Aussie's next moves. I consider my comments are projections not predictions. My projections may be fulfilled or may not be at all. Please use your own judgements to trade.

Oh wow...Definetly the Bullear drawing a semi-ball because of his moon view was a really cleaver joke! deep...
  • #12,617
  • Nov 10, 2012 1:01am Nov 10, 2012 1:01am
Long time since I posted a chart for the AUD/USD but this is my most recent view of the pair, the overall trend considering the technical nature of the EMA points upwards for the daily and weekly timeframes, recent channel-trading activity shows also some momentum on the long side as price resides above the 200, 100 and 50 EMA, last week price action started with a heavy push on the north side for two days just to fall into correction for the rest of the week, hoever I believe that we get the right price action around the most recently formed support around confluence of the low of Friday session and the golden rising trendline together with the 50 days EMA, we might get some ground for price to reach higher by the beginning of next week.

Somehow I find resistance as a now two point horizontal level around 1.0470 and support somewhere close to 1.0350 IMHO.


http://3.bp.blogspot.com/-UuFCAbfu2Y...+01+audusd.gif
  • #12,618
  • Nov 10, 2012 1:25am Nov 10, 2012 1:25am
Quoting DaddyBear
Seems to me S/D is the same as S/R. May be you can post your views in details. Thanks.

S/D imbalances can be seen in a weak level, a strong level, or an extreme level. A weak level will gradually move away from a price. A strong will leave price move quicker, but there can be quicker than that. An extreme is so quick, it can't be any quicker.

S/R is price interaction with a level that has been predetermined. It does not take into account how price left the level, just simply that it did.
Play the players, not the cards.
  • #12,619
  • Nov 10, 2012 1:32am Nov 10, 2012 1:32am
Quoting Eric D
Long time since I posted a chart for the AUD/USD but this is my most recent view of the pair, the overall trend considering the technical nature of the EMA points upwards for the daily and weekly timeframes, recent channel-trading activity shows also some momentum on the long side as price resides above the 200, 100 and 50 EMA, last week price action started with a heavy push on the north side for two days just to fall into correction for the rest of the week, hoever I believe that we get the right price action around the most recently formed support...
Eric, our views are very similar. I feel more confident now about my analysis. Please post your comments anytime in our forum. Thanks. DB
daddybearforex. com
  • #12,620
  • Nov 10, 2012 1:38am Nov 10, 2012 1:38am
Quoting GnarlyPips
S/D imbalances can be seen in a weak level, a strong level, or an extreme level. A weak level will gradually move away from a price. A strong will leave price move quicker, but there can be quicker than that. An extreme is so quick, it can't be any quicker.

S/R is price interaction with a level that has been predetermined. It does not take into account how price left the level, just simply that it did.
GP, thanks for your explanations. In other words, S/R is a fixed reference while S/D is a dynamic component and may be variable when interacting with the time.
daddybearforex. com
9 traders viewing now