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  • #12,761
  • Nov 12, 2012 1:40am Nov 12, 2012 1:40am
Quoting DaddyBear
Watching the PA since open, this is what I am thinking now.

The H1 channel has been broken for 5 hours and become an oblique support. The probability of my projection of one more upward wave is highly likely now. The retest of Friday low may not occur. This indicates the Bulls have gained the upper hand. IMO
Possible another top. And now will wait to see what happens.
  • #12,762
  • Nov 12, 2012 1:44am Nov 12, 2012 1:44am
Quoting DaddyBear
Watching the PA since open, this is what I am thinking now.

The H1 channel has been broken for 5 hours and become an oblique support. The probability of my projection of one more upward wave is highly likely now. The retest of Friday low may not occur. This indicates the Bulls have gained the upper hand. IMO
I have considered my comments projections not predictions. A prediction involves super nature power. I don't have such a power. On the other hand, a projection is based on an analysis and experience. This can be done by a human being.
daddybearforex. com
  • #12,763
  • Nov 12, 2012 1:45am Nov 12, 2012 1:45am
Quoting Tim_isoara
Possible another top. And now will wait to see what happens.
Where is "another top"? Do you mean another leg up?
daddybearforex. com
  • #12,764
  • Nov 12, 2012 1:59am Nov 12, 2012 1:59am
Quoting DaddyBear
Where is "another top"? Do you mean another leg up?
Bear in mind, there could be more than one leg.
daddybearforex. com
  • #12,765
  • Nov 12, 2012 2:05am Nov 12, 2012 2:05am
Quoting DaddyBear
Where is "another top"? Do you mean another leg up?
yes
  • #12,766
  • Nov 12, 2012 2:11am Nov 12, 2012 2:11am
Quoting Tim_isoara
yes
1.0435-45 i want to short
  • #12,767
  • Nov 12, 2012 2:14am Nov 12, 2012 2:14am
Quoting Tim_isoara
1.0435-45 i want to short
I go for coffee. You want DB?
  • #12,768
  • Nov 12, 2012 2:44am Nov 12, 2012 2:44am
Quoting Tim_isoara
I go for coffee. You want DB?
Short black pls
Is usa trading today?
  • #12,769
  • Nov 12, 2012 2:46am Nov 12, 2012 2:46am
Quoting DaddyBear
Has the Bull reached the top?
Dont think so...
  • #12,770
  • Nov 12, 2012 3:03am Nov 12, 2012 3:03am
Quoting HelloOz
Short black pls
Is usa trading today?
bring me your IP to send you caffe
  • #12,771
  • Nov 12, 2012 3:04am Nov 12, 2012 3:04am
Quoting HelloOz
Short black pls
Is usa trading today?
usa can bank close low volume
  • #12,772
  • Nov 12, 2012 4:19am Nov 12, 2012 4:19am
Quoting Tim_isoara
I go for coffee. You want DB?
Where is my coffee? Are you sure you want to short?
daddybearforex. com
  • #12,773
  • Nov 12, 2012 4:29am Nov 12, 2012 4:29am
if there are no rejection in the next few hours bar, this is a area that can send price back to high on 1.0480 or even challenge higher. 1.0445 is still a resistance level. but current pa is bull, once rejection is seen, i may take a sell order from there.
  • #12,774
  • Nov 12, 2012 4:47am Nov 12, 2012 4:47am
Quoting 5percent
if there are no rejection in the next few hours bar, this is a area that can send price back to high on 1.0480 or even challenge higher. 1.0445 is still a resistance level. but current pa is bull, once rejection is seen, i may take a sell order from there.
1.0480 is insight but a retracement is unavoidable. What is the your signal of rejection?
daddybearforex. com
  • #12,775
  • Nov 12, 2012 4:57am Nov 12, 2012 4:57am
Quoting DaddyBear
1.0480 is insight but a retracement is unavoidable. What is the your signal of rejection?
check pm soon
  • #12,776
  • Nov 12, 2012 5:00am Nov 12, 2012 5:00am
Quoting DaddyBear
Where is my coffee? Are you sure you want to short?
Yes i want to short.Your coffee is on the way.
Must reach.
  • #12,777
  • Nov 12, 2012 5:04am Nov 12, 2012 5:04am
Quoting 5percent
check pm soon
price is around of 61% fib retracement and on 15m is end of 5waves EW
  • #12,778
  • Nov 12, 2012 5:08am Nov 12, 2012 5:08am
Quoting Tim_isoara
price is around of 61% fib retracement and on 15m is end of 5waves EW
Seems to me, we are in the same school.

http://www.forexfactory.com/attachme...1&d=1352659768
daddybearforex. com
  • #12,779
  • Nov 12, 2012 5:09am Nov 12, 2012 5:09am
Quoting Tim_isoara
price is around of 61% fib retracement and on 15m is end of 5waves EW
to me 61.8 is a hedging area. why? if the price is meant to go down, it will take the sell limits and offer on this level and drive back down, above are buy stops back to top. But i prefer to long on dips on this aud from daily point of view, as i am not an avid seller of aud due to swap and current macro outlook unless fundamental kicks in, i will place sell stops to capture them.
  • #12,780
  • Nov 12, 2012 5:11am Nov 12, 2012 5:11am
Quoting Tim_isoara
price is around of 61% fib retracement and on 15m is end of 5waves EW
And now i wait for confirmation
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