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Aussie Trading Room and Cartoons Gallery

  • #13,501
  • Nov 14, 2012 8:43pm Nov 14, 2012 8:43pm
This would have been my target if I was to bed. 0382 lvl target 0380 (sometimes it's shy of few pips)
I might take something off, after all I need some sleep
  • #13,502
  • Nov 14, 2012 8:44pm Nov 14, 2012 8:44pm
Quoting fxstir
DB, this is a profound comment. Overtrading is what kills most traders. It took me a while to truly understand this.

Happy Trades,
fxstir
I enjoy having you in this forum.
daddybearforex. com
  • #13,503
  • Nov 14, 2012 8:45pm Nov 14, 2012 8:45pm
Quoting Stretch
This would have been my target if I was to bed. 0382 lvl target 0380 (sometimes it's shy of few pips)
I might take something off, after all I need some sleep
The party just began and you are unloading your long?
daddybearforex. com
  • #13,504
  • Nov 14, 2012 8:47pm Nov 14, 2012 8:47pm
Quoting DaddyBear
I enjoy having you in this forum.
DB,

Thank you. I do enjoy this forum, everyone's comments and especially your cartoons.

Happy Trades,
fxstir
  • #13,505
  • Nov 14, 2012 8:48pm Nov 14, 2012 8:48pm
Quoting DaddyBear
The party just began and you are unloading your long?
Yeah like I wrote earlier, I am bad at keeping trades to long. But it's not bad, coz my strategy is actually, 20 pips every trading day. Well I am there now actually
So partially profiting is no crime, letting the rest run. (I took off 1/3 position)
  • #13,506
  • Nov 14, 2012 8:49pm Nov 14, 2012 8:49pm
Quoting Stretch
Yeah like I wrote earlier, I am bad at keeping trades to long. But it's not bad, coz my strategy is actually, 20 pips every trading day. Well I am there now actually
So partially profiting is no crime, letting the rest run. (I took off 1/3 position)
Good for you.
daddybearforex. com
  • #13,507
  • Nov 14, 2012 8:51pm Nov 14, 2012 8:51pm
Quoting HelloOz
i forgot to tell you that it can come up hard too..
does it sound wrong ?
1.04 next resistance?
  • #13,508
  • Nov 14, 2012 8:55pm Nov 14, 2012 8:55pm
Quoting DaddyBear
Good for you.
Thanks I guess. Btw did you get this post:

@DaddyBear, Sorry but are there any rules about posting? I feel like I am spamming your thread :S
Probably because it's late, I start rambling, uncontrollably until someone tells me to stop

And thanks for the welcome, very much appreciated.


Quoting HelloOz
1.04 next resistance?
I would say yes.
I got 3 lvl's there that act as a zone.

0405
0400
0396

But don't forget it hasn't surpassed 0382 yet (and a 50% fib at 0386) So first things first.


Edit: @HelloOz, watch that zone #'s with a M30 and H1 chart. See how the closes act. Btw #'s could be a bit off by you, because of different broker feeds.
  • #13,509
  • Nov 14, 2012 8:56pm Nov 14, 2012 8:56pm
Quoting HelloOz
1.04 next resistance?
1.0396 - 1.0405 looks real strong at the moment.
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 35 KB
  • #13,510
  • Nov 14, 2012 8:59pm Nov 14, 2012 8:59pm
Quoting DaddyBear
It's my honor to welcome all new visitors tonight. I hope everyone enjoys being here. Wish everyone makes tons of green pips every week. -DB-

http://www.forexfactory.com/attachme...1&d=1342730506
TY
  • #13,511
  • Nov 14, 2012 9:00pm Nov 14, 2012 9:00pm
I think we just passed midnight GMT between the 5th and the 6th
  • #13,512
  • Nov 14, 2012 9:08pm Nov 14, 2012 9:08pm
Aussie & UsdCad have a life long habit of Consolidation in a "2 year cycle" then Converge/Diverge from each other..
After consolidating in a wide range for the past 2 years, looks like the pair is about to enter a M/T Converge cycle again..

Attached Image (click to enlarge)
Click to Enlarge Name: AUD CAD W1 capture-20121115-014730.png Size: 100 KB
  • #13,513
  • Nov 14, 2012 9:13pm Nov 14, 2012 9:13pm
[quote=Stretch;6196552]Thanks I guess. Btw did you get this post:

@DaddyBear, Sorry but are there any rules about posting? I feel like I am spamming your thread :S
Probably because it's late, I start rambling, uncontrollably until someone tells me to stop

And thanks for the welcome, very much appreciated.

These are the rules:

 

  1. The messages are limited to Aussie trading and related personal exchanges.
  2. No cartoons are required to post any messages. But, they are welcome in this thread.
  3. No dirty or attacking languages in any forms are permitted.

You are welcome to post as many messages as you like. -DB-

daddybearforex. com
  • #13,514
  • Nov 14, 2012 9:15pm Nov 14, 2012 9:15pm
my target until friday is 1.0527... it has to be super bull...its bull time baby
  • #13,515
  • Nov 14, 2012 9:19pm Nov 14, 2012 9:19pm
Quoting iskandarler
my target until friday is 1.0527... it has to be super bull...its bull time baby
My Bulls are always with you until the end.
daddybearforex. com
  • #13,516
  • Nov 14, 2012 9:21pm Nov 14, 2012 9:21pm
So it seems the big bids @ 1.0350 did their job. Latest AUD news were the catalysts.
  • #13,517
  • Nov 14, 2012 9:25pm Nov 14, 2012 9:25pm
Quoting DaddyBear
While I was writing, the Aussie baby shoots up 10 pips in less than one minute. Is this a sign of weakness and going to drop hard?
Well it gave all them 10 pips back dady
  • #13,518
  • Nov 14, 2012 9:25pm Nov 14, 2012 9:25pm
Quoting DaddyBear

These are the rules:

 

  1. The messages are limited to Aussie trading and related personal exchanges.
  2. No cartoons are required to post any messages. But, they are welcome in this thread.
  3. No dirty or attacking languages in any forms are permitted.

You are welcome to post as many messages as you like. -DB-

Thank you!
  • #13,519
  • Nov 14, 2012 9:28pm Nov 14, 2012 9:28pm
Quoting Daytrader74
Well it gave all them 10 pips back dady
As of this writing, it came back up again and will go beyond until you can no longer see her.
daddybearforex. com
  • #13,520
  • Nov 14, 2012 9:28pm Nov 14, 2012 9:28pm
Quoting Daytrader74
Well it gave all them 10 pips back dady
That's just how price acts.
It came up to the 0382 lvl, it couldn't break it, so it goes back to the 0373 lvl, it didn't break that, so a few closes here and there and watch either one break. Price doesn't go in a straight line.

If 0382 breaks it's up to 0396 to hold off the boat or let it break.

If 0373 breaks, there is still 0371 if that breaks too it's back to 0359

I personally like this confirmed on M30 and H1


Edit: With good momentum price can "skip" levels, but than it would also be confirmed with closes.
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