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Aussie Trading Room and Cartoons Gallery

  • #13,221
  • Nov 14, 2012 11:27am Nov 14, 2012 11:27am
Quoting DaddyBear
Instead of following the trend, I'd say follow the big boys' thinking.
Most people here may be smarter than the big boys but money talks.
daddybearforex. com
  • #13,222
  • Nov 14, 2012 11:30am Nov 14, 2012 11:30am
Quoting DaddyBear
M5 or M15.
DB On M15 we end a very nice 5 wave and now we have wave A or 1. I put a chart on M15
Attached Image (click to enlarge)
Click to Enlarge Name: aud 15m.gif Size: 29 KB
  • #13,223
  • Nov 14, 2012 11:34am Nov 14, 2012 11:34am
In H4 chart, it is very clear that 1.0395 is the upper limit and 1.0362 is the floor. This is the 33 pips trading zone now.
daddybearforex. com
  • #13,224
  • Nov 14, 2012 11:40am Nov 14, 2012 11:40am
Quoting DaddyBear
In H4 chart, it is very clear that 1.0395 is the upper limit and 1.0362 is the floor. This is the 33 pips trading zone now.
Another leg down. Than nice retracement
  • #13,225
  • Nov 14, 2012 11:40am Nov 14, 2012 11:40am
there needs to be one more wave higher (10407?) before 1.0360
  • #13,226
  • Nov 14, 2012 11:41am Nov 14, 2012 11:41am
Quoting maximmm
there needs to be one more wave higher (10407?) before 1.0360
dont have time
  • #13,227
  • Nov 14, 2012 11:41am Nov 14, 2012 11:41am
Quoting Tim_isoara
DB On M15 we end a very nice 5 wave and now we have wave A or 1. I put a chart on M15
See my notes on your chart.
Attached Image
daddybearforex. com
  • #13,228
  • Nov 14, 2012 11:43am Nov 14, 2012 11:43am
Quoting Tim_isoara
Another leg down. Than nice retracement
This is wave 5, the safe way.
daddybearforex. com
  • #13,229
  • Nov 14, 2012 11:44am Nov 14, 2012 11:44am
Quoting DaddyBear
No, not yet. The base is still intact.
I think we are thinking of different triangles - do you have a chart?
  • #13,230
  • Nov 14, 2012 11:45am Nov 14, 2012 11:45am
Quoting Tim_isoara
dont have time

There is always time - and I am usually correct^^
  • #13,231
  • Nov 14, 2012 11:45am Nov 14, 2012 11:45am
Quoting maximmm
there needs to be one more wave higher (10407?) before 1.0360
No. It's done. We have seen the footprints of the TLOM.
daddybearforex. com
  • #13,232
  • Nov 14, 2012 11:47am Nov 14, 2012 11:47am
Quoting DaddyBear
See my notes on your chart.
yes on 5M we see 5 waves. we are now in 5 down. target 1.0366
  • #13,233
  • Nov 14, 2012 11:48am Nov 14, 2012 11:48am
Quoting maximmm
I think we are thinking of different triangles - do you have a chart?
The triangle has a horizontal base at 1.0362x which is intact so far. I am talking about an area or a zone in regard to the breakouts. Have no time to work on the charts now, sorry.
daddybearforex. com
  • #13,234
  • Nov 14, 2012 11:51am Nov 14, 2012 11:51am
Quoting maximmm
There is always time - and I am usually correct^^
Tim may be talking about 2 PM FOMC Meeting Minutes. Before that time the Aussie has to arrive at the Down Under.
daddybearforex. com
  • #13,235
  • Nov 14, 2012 11:52am Nov 14, 2012 11:52am
Quoting Tim_isoara
yes on 5M we see 5 waves. we are now in 5 down. target 1.0366
If we all get in at the same time, it may spike.
daddybearforex. com
  • #13,236
  • Nov 14, 2012 11:53am Nov 14, 2012 11:53am
Quoting maximmm
There is always time - and I am usually correct^^
Sorry i want to say dont have time for retracement IMO
  • #13,237
  • Nov 14, 2012 11:54am Nov 14, 2012 11:54am
Quoting DaddyBear
If we all get in at the same time, it may spike.
haha
  • #13,238
  • Nov 14, 2012 11:54am Nov 14, 2012 11:54am
Quoting DaddyBear
Tim may be talking about 2 PM FOMC Meeting Minutes. Before that time the Aussie has to arrive at the Down Under.
I think fomc will drive audusd down, but prior to that audusd will move higher to the level I've mentioned.
  • #13,239
  • Nov 14, 2012 11:55am Nov 14, 2012 11:55am
Quoting maximmm
haha
May be I should get in before you guys.
daddybearforex. com
  • #13,240
  • Nov 14, 2012 11:55am Nov 14, 2012 11:55am
Quoting Tim_isoara
Sorry i want to say dont have time for retracement IMO
The moment of truth, we'll see who is correct^^
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