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Aussie Trading Room and Cartoons Gallery

  • #14,061
  • Nov 16, 2012 4:24pm Nov 16, 2012 4:24pm
Quoting Tim_isoara
i have a oanda acc, is change on saturday 1-3 pips
Tim, I will see you this weekend if I am around. Have a nice weekend.
daddybearforex. com
  • #14,062
  • Nov 16, 2012 4:27pm Nov 16, 2012 4:27pm
Quoting DaddyBear
It should be the end of wave c of B. We are at wave a or b of A of C. IMO
for me if break 1.0360 was C if dont was 3
  • #14,063
  • Nov 16, 2012 4:28pm Nov 16, 2012 4:28pm
Quoting DaddyBear
Tim, I will see you this weekend if I am around. Have a nice weekend.
OK DB.Have a nice weekend.
  • #14,064
  • Nov 16, 2012 4:33pm Nov 16, 2012 4:33pm
Quoting maximmm
Playing during the weekend is somewhat expensive though, no?^^
IS open but not move an spreads are high.But 1-3 hour in front a another broker the oanda move and may open a position if is good. for another brookers is gap.
  • #14,065
  • Nov 16, 2012 5:35pm Nov 16, 2012 5:35pm
It's 16/15 and the Aussie moves to near the mid-point. This is a good start next week. Let's see which way she goes. In the meantime, I'd like to see the bears' charts.

http://www.forexfactory.com/attachme...1&d=1353029549
daddybearforex. com
  • #14,066
  • Nov 16, 2012 6:00pm Nov 16, 2012 6:00pm
not a bear chart, but this is what i think will happen if the market doesnt close..
i was ready to buy at 1.0300 after i got the confirmation but i was so sleepy, time was 3am
fall asleep.. zzzzzzzzzzz



Quoting DaddyBear
It's 16/15 and the Aussie moves to near the mid-point. This is a good start next week. Let's see which way she goes. In the meantime, I'd like to see the bears' charts.

http://www.forexfactory.com/attachme...1&d=1353029549
Attached Image (click to enlarge)
Click to Enlarge Name: Untitledaa.jpg Size: 54 KB
  • #14,067
  • Nov 16, 2012 6:06pm Nov 16, 2012 6:06pm
Quoting HelloOz
not a bear chart, but this is what i think will happen if the market doesnt close..
i was ready to buy at 1.0300 after i got the confirmation but i was so sleepy, time was 3am
fall asleep.. zzzzzzzzzzz
Balmain Boy once said that gap up means bearish,
do you want a gap up daddy???
  • #14,068
  • Nov 16, 2012 6:25pm Nov 16, 2012 6:25pm
Quoting HelloOz
Balmain Boy once said that gap up means bearish,
do you want a gap up daddy???
A gap up is a continuation of previous bullish sentiment. Gap may be faded but it may be filled up again if the sentiment is very strong. I don't know who Balmain Boy is. I only look at my charts to make judgements. Gaping up means bearish is baseless to me. There are no rationales to back up such talking.

Do I want a gap up? It is not up to me. It was closed near the high of the day. I wouldn't think it will gap down. The worst scenario is no gap but I would still gain positive swap in that case.
daddybearforex. com
  • #14,069
  • Nov 16, 2012 6:32pm Nov 16, 2012 6:32pm
Quoting HelloOz
not a bear chart, but this is what i think will happen if the market doesnt close..
i was ready to buy at 1.0300 after i got the confirmation but i was so sleepy, time was 3am
fall asleep.. zzzzzzzzzzz
My 2 cents about your bear chart are below:

First, there may be a slight downward pressure left. So, the arrow, if any, is a tiny one not the size you drew.
Second, a M15 chart pattern won't sway the market direction. To the contrary, the PA within the upper box is a continuation pattern not a reversal signal.

http://www.forexfactory.com/attachme...1&d=1353110303
daddybearforex. com
  • #14,070
  • Nov 16, 2012 6:38pm Nov 16, 2012 6:38pm
Quoting HelloOz
Balmain Boy once said that gap up means bearish,
do you want a gap up daddy???
Personally, I don't follow anyone's ideas to trade. It's not because I have had years of trading experiences but I believe there is no one I would follow.

For example, I bought DVDs from some "experts" befoer. Those DVDs were expensive and yet useless at best. What they offered in their DVDs were basic stuffs but dressed up with the colorful materials and languages.

Following someone's trading ideas may be suitable for some people but not for me.
daddybearforex. com
  • #14,071
  • Nov 16, 2012 6:41pm Nov 16, 2012 6:41pm
will take note of your comments..
thanks daddy, have a good weekend

Quoting DaddyBear
My 2 cents about your bear chart are below:

First, there may be a slight downward pressure left. So, the arrow, if any, is a tiny one not the size you drew.
Second, a M15 chart pattern won't sway the market direction. To the contrary, the PA within the upper box is a continuation pattern not a reversal signal.

http://www.forexfactory.com/attachme...1&d=1353110303
  • #14,072
  • Nov 16, 2012 6:43pm Nov 16, 2012 6:43pm
if there is a gap up on Monday (or Sunday NY time)
will buy when the gap is filled..


Quoting DaddyBear
A gap up is a continuation of previous bullish sentiment. Gap may be faded but it may be filled up again if the sentiment is very strong. I don't know who Balmain Boy is. I only look at my charts to make judgements. Gaping up means bearish is baseless to me. There are no rationales to back up such talking.

Do I want a gap up? It is not up to me. It was closed near the high of the day. I wouldn't think it will gap down. The worst scenario is no gap but I would still gain positive swap in that case.
  • #14,073
  • Nov 16, 2012 7:01pm Nov 16, 2012 7:01pm
Quoting HelloOz
if there is a gap up on Monday (or Sunday NY time)
will buy when the gap is filled..
The gap may not be faded at all Sunday. My rationale is that recent downward pressure was due to the concern of the "CLIFF" issue. Now the pressure is being unwound. The fading may be limited.

I am not sure how you are going to trade Sunday. It won't be easy to enter at a right level. BTW, the gap may be filled in the future during a down move if it is not filled Sunday.
daddybearforex. com
  • #14,074
  • Nov 16, 2012 7:04pm Nov 16, 2012 7:04pm
Quoting HelloOz
if there is a gap up on Monday (or Sunday NY time)
will buy when the gap is filled..
BTW, I thought you were very bearish about the Aussie's next moves.
daddybearforex. com
  • #14,075
  • Nov 16, 2012 7:07pm Nov 16, 2012 7:07pm
Morning guys
Teach me how to trade ausie I have got a little confuse about making TL here
  • #14,076
  • Nov 16, 2012 7:12pm Nov 16, 2012 7:12pm
I am just play with open price in ausie and both side I made money yesterday and I don't know where to start make a trend line
  • #14,077
  • Edited 7:32pm Nov 16, 2012 7:16pm | Edited 7:32pm
As for me, I'm still bearish and will continue to be bearish until 1.06 gets taken out (and the daily candle closes above - or so says the lesson of the week^^).

There are too many signs that 1.014 is next - regardless of the daily bullish candle. Once 1.06 gets taken out, I will turn bullish.

PS. The fact that most people are bullish on this pair (according to SSI) works in my favor - that and the weekly chart formations and triangle.
  • #14,078
  • Nov 16, 2012 7:28pm Nov 16, 2012 7:28pm
Quoting DaddyBear
BTW, I thought you were very bearish about the Aussie's next moves.
at the moment it looks like its going down,
if it does maybe it will test 1.03 again..
only time will tell,

because its friday and market close, its harder to predict next candle.

i am not a bull nor a bear..
  • #14,079
  • Nov 16, 2012 7:31pm Nov 16, 2012 7:31pm
I think for my projection to be correct, Monday candle should be a hammer. In other words, we should first see a move higher to 1.0375/80 and then a rejection at that level. Of course, if 1.0375 gets broken and the candle closes above, 1.05 or perhaps even 1.06 maybe next.
  • #14,080
  • Nov 16, 2012 7:34pm Nov 16, 2012 7:34pm
Quoting DaddyBear
The gap may not be faded at all Sunday. My rationale is that recent downward pressure was due to the concern of the "CLIFF" issue. Now the pressure is being unwound. The fading may be limited.

I am not sure how you are going to trade Sunday. It won't be easy to enter at a right level. BTW, the gap may be filled in the future during a down move if it is not filled Sunday.
hmm...
i did not factor this in my chart.
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