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  • #13,621
  • Nov 15, 2012 1:44am Nov 15, 2012 1:44am
Quoting HelloOz
Chart,
Not sure what it all means - fibonacci levels, I presume? I prefer trend lines.
  • #13,622
  • Nov 15, 2012 1:46am Nov 15, 2012 1:46am
Quoting HelloOz
Chart,
Indicators. Yuck!
  • #13,623
  • Nov 15, 2012 1:47am Nov 15, 2012 1:47am
Quoting Tim_isoara
db good morning. what you see for today
Tim, you may find my bias at the poll section.
daddybearforex. com
  • #13,624
  • Nov 15, 2012 1:47am Nov 15, 2012 1:47am
Quoting maximmm
Not sure what it all means - fibonacci levels, I presume? I prefer trend lines.
yeap fib..
  • #13,625
  • Nov 15, 2012 1:48am Nov 15, 2012 1:48am
Quoting maximmm
Did you not see the arrow on the chart?!!! haha^^

Actually, despite all of the areas DB pointed out - There's an uptrend channel from 10/08 - this channel has been broken and the price is now below it - the two previous hour candles have bounced off it to the downside. That line will now be resistance. I believe the move down is imminent.

In fact, the areas DB pointed out as being supporting have also been broken down, though not decisively - given that I usually trade with lines, rather than areas/levels - a move through certain lines, whether...
You could live with Trade2Day earnings 1.37% montly?
  • #13,626
  • Nov 15, 2012 1:48am Nov 15, 2012 1:48am
Quoting 2+2=4ex
Indicators. Yuck!
i know my indicators sux, but it work for me..
  • #13,627
  • Nov 15, 2012 1:49am Nov 15, 2012 1:49am
Quoting HelloOz
i know my indicators sux, but it work for me..
Haha, I was joking. You have to go with what works for you.
  • #13,628
  • Nov 15, 2012 1:51am Nov 15, 2012 1:51am
Quoting DaddyBear
Tim, you may find my bias at the poll section.
Wow I didn't know that i can.
  • #13,629
  • Nov 15, 2012 1:55am Nov 15, 2012 1:55am
I am a bullish Bear now.
Attached Image
daddybearforex. com
  • #13,630
  • Nov 15, 2012 1:56am Nov 15, 2012 1:56am
Quoting DaddyBear
I am a bullish Bear now.
I am bearish - let's see who is correct^^
  • #13,631
  • Nov 15, 2012 1:57am Nov 15, 2012 1:57am
I see some people got lost at this juncture in the Forex forest. The main reason is lack of vision. In other words, have no clear directions. These people need a Forex map.

http://www.forexfactory.com/attachme...1&d=1342056484
daddybearforex. com
  • #13,632
  • Nov 15, 2012 1:59am Nov 15, 2012 1:59am
Quoting DaddyBear
I see some people got lost at this juncture in the Forex forest. The main reason is lack of vision. In other words, have no clear directions. These people need a Forex map.

http://www.forexfactory.com/attachme...1&d=1342056484
I see a broken trendline that is serving as a strong resistance - not all is lost^^
  • #13,633
  • Nov 15, 2012 2:01am Nov 15, 2012 2:01am
Quoting DaddyBear
I see some people got lost at this juncture in the Forex forest. The main reason is lack of vision. In other words, have no clear directions. These people need a Forex map.

http://www.forexfactory.com/attachme...1&d=1342056484
actually i need the forex GPS
  • #13,634
  • Nov 15, 2012 2:03am Nov 15, 2012 2:03am
Quoting maximmm
Did you not see the arrow on the chart?!!! haha^^

Actually, despite all of the areas DB pointed out - There's an uptrend channel from 10/08 - this channel has been broken and the price is now below it - the two previous hour candles have bounced off it to the downside. That line will now be resistance. I believe the move down is imminent.

In fact, the areas DB pointed out as being supporting have also been broken down, though not decisively - given that I usually trade with lines, rather than areas/levels - a move through certain lines, whether...
Daily chart
Attached Image (click to enlarge)
Click to Enlarge Name: aud daily.gif Size: 38 KB
  • #13,635
  • Nov 15, 2012 2:04am Nov 15, 2012 2:04am
Quoting DaddyBear
I see some people got lost at this juncture in the Forex forest. The main reason is lack of vision. In other words, have no clear directions. These people need a Forex map.
Before a trend changes, a finale is a must. so far there was none. A firework is one way to manifest such significant ending. I'd call this pattern a celebration.

This is the rationale why I am bullish at this juncture.
daddybearforex. com
  • #13,636
  • Nov 15, 2012 2:06am Nov 15, 2012 2:06am
Quoting DaddyBear
Before a trend changes, a finale is a must. so far there was none. A firework is one way to manifest such significant ending. I'd call this pattern a celebration.

This is the rationale why I am bullish at this juncture.
Just curious DB, what do you consider a finale? How many pips?
  • #13,637
  • Nov 15, 2012 2:07am Nov 15, 2012 2:07am
Something to consider for everyone about what we are seeing^^

The rumors of intervention have been going around for a while - here is an article published today

http://online.wsj.com/article/SB10001424127887324556304578119643991250544.html?mod=googlenews_wsj
  • #13,638
  • Nov 15, 2012 2:08am Nov 15, 2012 2:08am
Quoting 2+2=4ex
Just curious DB, what do you consider a finale? How many pips?
100
  • #13,639
  • Nov 15, 2012 2:13am Nov 15, 2012 2:13am
usd index is really exhausted and oversold.... just need to wait for today news
  • #13,640
  • Nov 15, 2012 2:14am Nov 15, 2012 2:14am
Quoting 2+2=4ex
Just curious DB, what do you consider a finale? How many pips?
Finale is an ending pattern which is not directly related to the sizes even though it is usually a good size.
daddybearforex. com
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