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Aussie Trading Room and Cartoons Gallery

  • #12,961
  • Nov 13, 2012 1:45pm Nov 13, 2012 1:45pm
Quoting DaddyBear
You may be looking for a few hundred pips while some people are only eying on 20 or 30 pips. Within a bullish large context, there are numerous bearish periods.
For example, A takeout eatery is better than a restaurant from a business point. The owner of a takeout makes less money each time but the frequency makes him a much richer guy than a restaurant owner.
daddybearforex. com
  • #12,962
  • Nov 13, 2012 1:45pm Nov 13, 2012 1:45pm
Quoting DaddyBear
What kind of confirmation?
i have my indicators. but i close firf short trade 6 pips
  • #12,963
  • Nov 13, 2012 1:46pm Nov 13, 2012 1:46pm
Quoting Tim_isoara
i have my indicators. but i close firf short trade 6 pips
first. i wait for another short
  • #12,964
  • Nov 13, 2012 1:49pm Nov 13, 2012 1:49pm
Quoting Tim_isoara
i have my indicators. but i close firf short trade 6 pips
So, you are very easily satisfied? Good.

http://www.forexfactory.com/attachme...1&d=1345403300
daddybearforex. com
  • #12,965
  • Nov 13, 2012 1:51pm Nov 13, 2012 1:51pm
Quoting Tim_isoara
first. i wait for another short
but i am not sure that is final top. first we have a retracement but not much than another top and down to support IMO
  • #12,966
  • Nov 13, 2012 1:53pm Nov 13, 2012 1:53pm
Quoting DaddyBear
So, you are very easily satisfied? Good.

http://www.forexfactory.com/attachme...1&d=1345403300
my target 5 to 35 pips
  • #12,967
  • Nov 13, 2012 1:54pm Nov 13, 2012 1:54pm
Quoting DaddyBear
For example, A takeout eatery is better than a restaurant from a business point. The owner of a takeout makes less money each time but the frequency makes him a much richer guy than a restaurant owner.
Trading the Forex markets is a serious business. In winter time, even it's so cold, people in the US still buy ice cream. Some people in the tropical zone may be wondering why eat ice cream when it is freezing everyday.
daddybearforex. com
  • #12,968
  • Nov 13, 2012 1:55pm Nov 13, 2012 1:55pm
Quoting Tim_isoara
but i am not sure that is final top. first we have a retracement but not much than another top and down to support IMO
I told you this Bull has good DNA last night. But, his parents are Bears.
daddybearforex. com
  • #12,969
  • Nov 13, 2012 1:59pm Nov 13, 2012 1:59pm
Quoting DaddyBear
I told you this Bull has good DNA last night. But, his parents are Bears.
Even a Bull is strong, his hidden bearish DNA will bring him down in the end.
daddybearforex. com
  • #12,970
  • Nov 13, 2012 2:02pm Nov 13, 2012 2:02pm
Quoting Tim_isoara
first. i wait for another short
Trying to dance around the Bears is dangerous IMO. You try to hug a Bear than kick him away in seconds. Be careful if you don't know that Bear very well.
daddybearforex. com
  • #12,971
  • Nov 13, 2012 2:06pm Nov 13, 2012 2:06pm
Quoting DaddyBear
Trying to dance around the Bears is dangerous IMO. You try to hug a Bear than kick him away in seconds. Be careful if you don't know that Bear very well.
For example, the Bear may be taking the shower. You cannot hug him.
Attached Image (click to enlarge)
Click to Enlarge Name: SHOWER-4.JPG Size: 65 KB
daddybearforex. com
  • #12,972
  • Nov 13, 2012 2:10pm Nov 13, 2012 2:10pm
Quoting DaddyBear
For example, the Bear may be taking the shower. You cannot hug him.
I understand nobody likes to see DD but some DD won't kill a trader if he is not driving against the traffic.

http://www.forexfactory.com/attachme...1&d=1345772623
daddybearforex. com
  • #12,973
  • Nov 13, 2012 2:18pm Nov 13, 2012 2:18pm
Quoting DaddyBear
I understand nobody likes to see DD but some DD won't kill a trader if he is not driving against the traffic.

http://www.forexfactory.com/attachme...1&d=1345772623
Nobody knows where the top is but nobody wants to miss the boat either. So, here is what I think.

Follow the traffic sign, be a good citizen.
Don't get off your car every 30 seconds.
Continue to take more passengers.
Unload all of them at the terminal.

That should work.
daddybearforex. com
  • #12,974
  • Nov 13, 2012 2:25pm Nov 13, 2012 2:25pm
Quoting DaddyBear
Nobody knows where the top is but nobody wants to miss the boat either. So, here is what I think.

Follow the traffic sign, be a good citizen.
Don't get off your car every 30 seconds.
Continue to take more passengers.
Unload all of them at the terminal.

That should work.
nice move
  • #12,975
  • Nov 13, 2012 2:25pm Nov 13, 2012 2:25pm
When a system gives signals too frequently, it is not a good system. If a thermometer changes its reading every minutes, I would threw it away.
daddybearforex. com
  • #12,976
  • Nov 13, 2012 2:26pm Nov 13, 2012 2:26pm
Quoting Tim_isoara
nice move
and now up for my short
  • #12,977
  • Nov 13, 2012 2:28pm Nov 13, 2012 2:28pm
I am a bit bothered by eurjpy - it has strongly tested the 4 year downtrend line it has broken a month ago and yet was unable to break back into the channel. If it rebounds - 1000 pip move higher to 110 is next and that would also suggest a big risk on move in other currencies.

One can only hope that this move will occur because Japan will decide to peg its currency to USD - as otherwise it will spell trouble for the usd bulls.
  • #12,978
  • Nov 13, 2012 2:29pm Nov 13, 2012 2:29pm
Quoting DaddyBear
IMO this triangle is like a pile of gold.
Now, a triangle turns to a pile of gold.
daddybearforex. com
  • #12,979
  • Nov 13, 2012 2:31pm Nov 13, 2012 2:31pm
Quoting maximmm
I am a bit bothered by eurjpy - it has strongly tested the 4 year downtrend line it has broken a month ago and yet was unable to break back into the channel. If it rebounds - 1000 pip move higher to 110 is next and that would also suggest a big risk on move in other currencies.

One can only hope that this move will occur because Japan will decide to peg its currency to USD - as otherwise it will spell trouble for the usd bulls.
EURJPY is a nice pair to trade but the time zone keeps me away from trading it now.
daddybearforex. com
  • #12,980
  • Nov 13, 2012 2:33pm Nov 13, 2012 2:33pm
Quoting Tim_isoara
and now up for my short
Did you hug the Bear again?
daddybearforex. com
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