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  • #13,241
  • Nov 14, 2012 11:58am Nov 14, 2012 11:58am
Quoting maximmm
I think fomc will drive usdaud down, but prior to that usdaud will move higher to the level I've mentioned.
Every projection is valid before the fact. In the end, there will be only one matches.
daddybearforex. com
  • #13,242
  • Nov 14, 2012 12:00pm Nov 14, 2012 12:00pm
Quoting maximmm
I think fomc will drive audusd down, but prior to that audusd will move higher to the level I've mentioned.
It is possible. May be wave 4 is not done yet. But, I'd say 1.0404 is more likely if your projection is right on the money. IMO
daddybearforex. com
  • #13,243
  • Nov 14, 2012 12:00pm Nov 14, 2012 12:00pm
Quoting DaddyBear
Every projection is valid before the fact. In the end, there will be only one matches.
There can be only one! @@
  • #13,244
  • Nov 14, 2012 12:02pm Nov 14, 2012 12:02pm
Quoting DaddyBear
It is possible. May be wave 4 is not done yet. But, I'd say 1.0404 is more likely if your project is right on the money. IMO
I'm not even counting waves at this point - the projection higher is based on price action - and the usual need for a 3 wave retraction (if talking about waves on 15 min chart)

having said that - the move higher may go to 1.0407 or perhaps only to 1.04
  • #13,245
  • Nov 14, 2012 12:04pm Nov 14, 2012 12:04pm
Quoting DaddyBear
It is possible. May be wave 4 is not done yet. But, I'd say 1.0404 is more likely if your projection is right on the money. IMO
If your project is the one survives in the end, the floor could be moved up to1.0376x. IMO
daddybearforex. com
  • #13,246
  • Nov 14, 2012 12:04pm Nov 14, 2012 12:04pm
Quoting maximmm
there needs to be one more wave higher (10407?) before 1.0360
But wave 4 can be completed in 1.0412 technical.
  • #13,247
  • Nov 14, 2012 12:08pm Nov 14, 2012 12:08pm
Quoting DaddyBear
If your project is the one survives in the end, the floor could be 1.0376x. IMO
Nay, the support will still be at 1.036 (or 1.0365) I expect aud to be at that level prior to the aud related news event at 7 pm -
I suspect that it will be a positive news release, leading aud to bounce off the support
  • #13,248
  • Nov 14, 2012 12:08pm Nov 14, 2012 12:08pm
Quoting maximmm
there needs to be one more wave higher (10407?) before 1.0360
The current PA suggests that your projection may be in the cards.
daddybearforex. com
  • #13,249
  • Nov 14, 2012 12:10pm Nov 14, 2012 12:10pm
ANNOUNCEMENT:

Whoever changes his bias please change your vote accordingly to help everyone in this forum including those lurkers to trade better and make more pips.
daddybearforex. com
  • #13,250
  • Nov 14, 2012 12:13pm Nov 14, 2012 12:13pm
The Bulls' happy hours plus positive swap [3X] are pending before the Fed.

http://www.forexfactory.com/attachme...1&d=1352766539
daddybearforex. com
  • #13,251
  • Nov 14, 2012 12:14pm Nov 14, 2012 12:14pm
Quoting DaddyBear
ANNOUNCEMENT:

Whoever changes his bias please change your vote accordingly to help everyone in this forum including those lurkers to trade better and make more pips.
In 24 hours we should see many waves - up and down

I think it is foolish to say whether one is bullish or bearish with trend/support/resistance lines marked so clearly. My view is - we'll see 1.036(65) within the next 24 hours - then I may go long with very tight stop and sell orders below 1.036. It's quite simple - it's a bullish if, or bearish if scenario. Saying bullish/bearish now would indicate that one is able to predict the future and only 'masters' are able to do that well^^
  • #13,252
  • Nov 14, 2012 12:16pm Nov 14, 2012 12:16pm
Quoting DaddyBear
The Bulls' happy hours plus positive swap [3X] are pending before the Fed.
If you are an exhausted Bull, get a kiss of the Angel.

http://www.forexfactory.com/attachme...1&d=1344885975
daddybearforex. com
  • #13,253
  • Nov 14, 2012 12:18pm Nov 14, 2012 12:18pm
Quoting maximmm
In 24 hours we should see many waves - up and down

I think it is foolish to say whether one is bullish or bearish with trend/support/resistance lines marked so clearly. My view is - we'll see 1.036(65) within the next 24 hours - then I may go long with very tight stop and sell orders below 1.036. It's quite simple - it's a bullish if, or bearish if scenario. Saying bullish/bearish now would indicate that one is able to predict the future and only 'masters' are able to do that well^^
It's the bias not what one has to act accordingly. It's not a prediction either.
daddybearforex. com
  • #13,254
  • Nov 14, 2012 12:18pm Nov 14, 2012 12:18pm
Quoting DaddyBear
ANNOUNCEMENT:

Whoever changes his bias please change your vote accordingly to help everyone in this forum including those lurkers to trade better and make more pips.
For me it's lunch time
  • #13,255
  • Nov 14, 2012 12:19pm Nov 14, 2012 12:19pm
Quoting DaddyBear
It's the bias not what one has to act accordingly. It's not a prediction either.
I am very much biased to hoping that 1.0360 gets broken^^
  • #13,256
  • Nov 14, 2012 12:21pm Nov 14, 2012 12:21pm
Quoting maximmm
In 24 hours we should see many waves - up and down

I think it is foolish to say whether one is bullish or bearish with trend/support/resistance lines marked so clearly. My view is - we'll see 1.036(65) within the next 24 hours - then I may go long with very tight stop and sell orders below 1.036. It's quite simple - it's a bullish if, or bearish if scenario. Saying bullish/bearish now would indicate that one is able to predict the future and only 'masters' are able to do that well^^
There will be waves but the trend will be only one.
Attached Image (click to enlarge)
Click to Enlarge Name: TRADING RM.JPG Size: 76 KB
daddybearforex. com
  • #13,257
  • Nov 14, 2012 12:23pm Nov 14, 2012 12:23pm
Quoting Tim_isoara
For me it's lunch time
Why lunch time? Is it dinner time in your time zone now?
daddybearforex. com
  • #13,258
  • Nov 14, 2012 12:24pm Nov 14, 2012 12:24pm
Quoting DaddyBear
There will be waves but the trend will be only one.
No trend until 1.0360 gets broken - then we'll see a trend
  • #13,259
  • Nov 14, 2012 12:24pm Nov 14, 2012 12:24pm
Quoting maximmm
I am very much biased to hoping that 1.0360 gets broken^^
Why? For what? Are you the USD Bull?
daddybearforex. com
  • #13,260
  • Nov 14, 2012 12:26pm Nov 14, 2012 12:26pm
Quoting maximmm
No trend until 1.0360 gets broken - then we'll see a trend
I'd say a final up leg is needed before your scenario can be written on the walls.
daddybearforex. com
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