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  • #13,021
  • Nov 13, 2012 4:27pm Nov 13, 2012 4:27pm
Quoting maximmm
Right - I've said earlier that long term USD will strongly recover - but AUD projected fall is not based on USA becoming an oil exporter^^

AUD is held up by two things - China (commodity buyer) and interest rate.

Once these tumble, AUD will plummet - even if USA does not become the biggest oil exporter.
Agree. But the oil exporter status will bring the Aussie to her knees for years to come. We will not be able to see a rate above the parity in our life times unless you are a little kid.
daddybearforex. com
  • #13,022
  • Nov 13, 2012 4:31pm Nov 13, 2012 4:31pm
Quoting HelloOz
what move?
move like jagger??
When the Bear is done, we can give him a shot.
daddybearforex. com
  • #13,023
  • Nov 13, 2012 4:41pm Nov 13, 2012 4:41pm
Quoting DaddyBear
Agree. But the oil exporter status will bring the Aussie to her knees for years to come. We will not be able to see a rate above the parity in our life times unless you are a little kid.
AUD's interest first has to reach parity prior to that sort of projection^^

Besides, AUD, if it plummets to 0.60, will rise again - AUD is very volatile and it can go up and down a few thousand pips per year.
  • #13,024
  • Nov 13, 2012 5:33pm Nov 13, 2012 5:33pm
Quoting DaddyBear
Bull's eye was shot. I am talking about the move later.
dont think the bull is dead yet..
im out of arrows
  • #13,025
  • Nov 13, 2012 7:44pm Nov 13, 2012 7:44pm
Quoting HelloOz
dont think the bull is dead yet..
im out of arrows
Have you ever heard "Dead Bull Bounce"?
daddybearforex. com
  • #13,026
  • Nov 13, 2012 7:50pm Nov 13, 2012 7:50pm
Quoting DaddyBear
Have you ever heard "Dead Bull Bounce"?
not until today..
red bull?
  • #13,027
  • Nov 13, 2012 7:53pm Nov 13, 2012 7:53pm
Quoting DaddyBear
Have you ever heard "Dead Bull Bounce"?
are we still bearish today?
  • #13,028
  • Nov 13, 2012 7:57pm Nov 13, 2012 7:57pm
Quoting HelloOz
are we still bearish today?
I have been bullish based on the larger context. Today, I am trying to ride the retracement. Nothing bullish or bearish.
daddybearforex. com
  • #13,029
  • Nov 13, 2012 7:59pm Nov 13, 2012 7:59pm
Quoting DaddyBear
I have been bullish based on the larger context. Today, I am trying to ride the retracement. Nothing bullish or bearish.
So far, currencies are bipolar. I truly have no idea what to expect while they are in their respective triangles.
  • #13,030
  • Nov 13, 2012 8:05pm Nov 13, 2012 8:05pm
Quoting maximmm
So far, currencies are bipolar. I truly have no idea what to expect while they are in their respective triangles.
Trading the Forex is not a piece of cake. Figuring out the right directions every time takes a master to do it.
daddybearforex. com
  • #13,031
  • Nov 13, 2012 8:09pm Nov 13, 2012 8:09pm
In H1 chart, I see a probability of a breakout to the downside. In other words, it would be a potential retracement.
daddybearforex. com
  • #13,032
  • Nov 13, 2012 8:18pm Nov 13, 2012 8:18pm
Quoting DaddyBear
In H1 chart, I see a probability of a breakout to the downside. In other words, it would be a potential retracement.
im thinking of upside..
  • #13,033
  • Nov 13, 2012 8:19pm Nov 13, 2012 8:19pm
Quoting HelloOz
im thinking of upside..
Your rationales?
daddybearforex. com
  • #13,034
  • Nov 13, 2012 8:22pm Nov 13, 2012 8:22pm
Quoting DaddyBear
Your rationales?
its sitting above 61.8 retracement (1.0149 - 1.06 )..
and 23.6 (1.04 - 1.0455)
  • #13,035
  • Nov 13, 2012 8:24pm Nov 13, 2012 8:24pm
Quoting HelloOz
its sitting above 61.8 retracement (1.0149 - 1.06 )..
and 23.6 (1.04 - 1.0455)
if 1.044 (61.8) is now support
and 1.044 (23.6) hold, could it be continuation of uptrend???
  • #13,036
  • Nov 13, 2012 8:25pm Nov 13, 2012 8:25pm
Quoting DaddyBear
Trading the Forex is not a piece of cake. Figuring out the right directions every time takes a master to do it.
2 gray hairs pop out everytime i try to figure our the right directions.
  • #13,037
  • Nov 13, 2012 8:27pm Nov 13, 2012 8:27pm
Quoting HelloOz
2 gray hairs pop out everytime i try to figure our the right directions.
i called for bullish bat pattern yesterday,
was i right??
i dont even know anymore..
  • #13,038
  • Nov 13, 2012 8:28pm Nov 13, 2012 8:28pm
Quoting HelloOz
i called for bullish bat pattern yesterday,
was i right??
i dont even know anymore..
if i was right, my fear stopped me from making a killing yesterday,

if im right again today......
  • #13,039
  • Nov 13, 2012 8:30pm Nov 13, 2012 8:30pm
Quoting DaddyBear
Trading the Forex is not a piece of cake. Figuring out the right directions every time takes a master to do it.
  • #13,040
  • Nov 13, 2012 8:38pm Nov 13, 2012 8:38pm
Quoting HelloOz
its sitting above 61.8 retracement (1.0149 - 1.06 )..
and 23.6 (1.04 - 1.0455)
These rationales are very liberal.
daddybearforex. com
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