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Aussie Trading Room and Cartoons Gallery

  • #13,381
  • Nov 14, 2012 6:23pm Nov 14, 2012 6:23pm
Quoting HelloOz
now, you wish you did not draw that support line..

http://www.forexfactory.com/attachme...9&d=1352932427
The support is a zone not a line.
daddybearforex. com
  • #13,382
  • Nov 14, 2012 6:23pm Nov 14, 2012 6:23pm
Quoting DaddyBear
Don't worry about this. I bought more when it dropped.
DB, you are my hero!^^

BTw, do you have a stop, or will you ride this one out?
  • #13,383
  • Nov 14, 2012 6:25pm Nov 14, 2012 6:25pm
Quoting DaddyBear
The support is a zone not a line.
ready to scalp for 20pips from here..
dangerous play tho..
  • #13,384
  • Nov 14, 2012 6:27pm Nov 14, 2012 6:27pm
I think the most difficult things to accept with aud is its overextended drops - everyone always waits for a retraction and tries to play it even - yet, aud can drop 400 pips or more without a retraction.
  • #13,385
  • Nov 14, 2012 6:28pm Nov 14, 2012 6:28pm
Quoting maximmm
This is one nice DOWNWARD moving consolidation^^
I don't worry about such move. A 10 pips DD is not something to be scared. It may drop more. I have seen this too many times.
daddybearforex. com
  • #13,386
  • Nov 14, 2012 6:29pm Nov 14, 2012 6:29pm
nzd just confirmed the drop

Of course, the problem with nzd is that it has a major support 20 pips lower
  • #13,387
  • Nov 14, 2012 6:30pm Nov 14, 2012 6:30pm
Quoting DaddyBear
I don't worry about such move. A 10 pips DD is not something to be scared. It my drop more. I have seen this too many times.
DB, where is your stop? Or do you play without stops?
  • #13,388
  • Nov 14, 2012 6:30pm Nov 14, 2012 6:30pm
Quoting maximmm
DB, you are my hero!^^

BTw, do you have a stop, or will you ride this one out?
I have a stop away from the entry. Under the water is a part of the game. If I cannot take the heat, I would not be in the kitchen.
daddybearforex. com
  • #13,389
  • Nov 14, 2012 6:32pm Nov 14, 2012 6:32pm
Quoting DaddyBear
I have a stop away from the entry. Under the water is a part of the game. If I cannot take the heat, I would not be in the kitchen.
Papa, the ship is sinking like titanic and u still buying more papa??
  • #13,390
  • Nov 14, 2012 6:33pm Nov 14, 2012 6:33pm
Quoting DaddyBear
I have a stop away from the entry. Under the water is a part of the game. If I cannot take the heat, I would not be in the kitchen.

Nevere a truer word spoken DB.

That should be the traders motto.

And if one cant, dont be.
  • #13,391
  • Nov 14, 2012 6:34pm Nov 14, 2012 6:34pm
Quoting Freshpips
Nevere a truer word spoken DB.

That should be the traders motto.

And if one cant, dont be.
hmm, if you dont want to get your fingers cut, order take away
  • #13,392
  • Nov 14, 2012 6:36pm Nov 14, 2012 6:36pm
Quoting maximmm
DB, where is your stop? Or do you play without stops?
I move stops to cover the positions when the conditions allowed. This is a safe trade to me.
daddybearforex. com
  • #13,393
  • Nov 14, 2012 6:37pm Nov 14, 2012 6:37pm
If it's hot in the kitchen, then cut off the heat.
  • #13,394
  • Nov 14, 2012 6:37pm Nov 14, 2012 6:37pm
Quoting DaddyBear
I move stops to cover the positions when the conditions allowed. This is a safe trade to me.
Safe trade?? it just keeps on going further down papa...the ship is sinking
  • #13,395
  • Nov 14, 2012 6:38pm Nov 14, 2012 6:38pm
Quoting Daytrader74
Papa, the ship is sinking like titanic and u still buying more papa??
I don't worry about such situation. I have seen something much uglier then this before. I keep some reserves to buy more if it drops more.
daddybearforex. com
  • #13,396
  • Nov 14, 2012 6:38pm Nov 14, 2012 6:38pm
hi friends
any reason aud usd has fallen like rock without retracing...
The Phoenix Trader....
  • #13,397
  • Nov 14, 2012 6:40pm Nov 14, 2012 6:40pm
Quoting sunilpawar
hi friends
any reason aud usd has fallen like rock without retracing...
Not sure why but papa keeps buying more, he must have very deep pockets
  • #13,398
  • Nov 14, 2012 6:40pm Nov 14, 2012 6:40pm
Quoting sunilpawar
hi friends
any reason aud usd has fallen like rock without retracing...
iceberg..
  • #13,399
  • Nov 14, 2012 6:41pm Nov 14, 2012 6:41pm
Quoting sunilpawar
hi friends
any reason aud usd has fallen like rock without retracing...
you will see retracement soon..
  • #13,400
  • Nov 14, 2012 6:41pm Nov 14, 2012 6:41pm
Quoting Daytrader74
Not sure why but papa keeps buying more, he must have very deep pockets
but trading such pair is gambling where it doesnt even follow technicals...
The Phoenix Trader....
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