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Aussie Trading Room and Cartoons Gallery

  • #14,181
  • Nov 17, 2012 4:42pm Nov 17, 2012 4:42pm
Quoting Eric D
Good day traders of the Cartoon Gallery, just like every week, here is the latest Market Strips comic from my blog...

http://2.bp.blogspot.com/-fNmQPkyjk8...ket+Strips.jpg

Click to enlarge...
Eric, thanks for your contribution to the Cartoons Gallery. What are their names? -DB-
daddybearforex. com
  • #14,182
  • Nov 17, 2012 4:43pm Nov 17, 2012 4:43pm
Quoting Daytrader74
AUD/USD Friday's price action formed a nice bullish pinbar which tail "pierced" deeply below the support level in confluence with the 200 days EMA + the Central Monthly Pivot just to be rejected later, the CCI cycle indicator reached the oversold area.

Daily chart shown above, support confluence depicted at the black horizontal level around 1.0320, Friday's price action is a nice bullish blue colored pinbar resting at this level, resistance is way above our heads around 1.0450, so this looks like a good opportunity to me.
DT, you are very good in the analysis. Please keep up your good job.
daddybearforex. com
  • #14,183
  • Nov 17, 2012 4:43pm Nov 17, 2012 4:43pm
Gold/Silver cycle/seasonal : UP from thanksgiving to new years day and maybe beyond.
  • #14,184
  • Nov 17, 2012 4:45pm Nov 17, 2012 4:45pm
Quoting Eric D
http://2.bp.blogspot.com/-IHuW3LGA9V...+01+audusd.gif

Well, there it is...
Friday's Doji was formed right on the money! I did not know the monthly Pivot is right there.
daddybearforex. com
  • #14,185
  • Nov 17, 2012 4:45pm Nov 17, 2012 4:45pm
Quoting DaddyBear
Eric, thanks for your contribution to the Cartoons Gallery. What are their names? -DB-
You are welcome DaddyBear, it is a pleasure!, the bald buddy is Larry Baldwin and the sarcastic pal on the trading station is Jack Blacktie.
  • #14,186
  • Nov 17, 2012 4:48pm Nov 17, 2012 4:48pm
Quoting Daytrader74
Cool, you found the chart. Thanks
DT, so this is your chart not Eric's? Very good. Your chart reinforce my short term bullish bias. Please change your vote to reflect your view.
daddybearforex. com
  • #14,187
  • Nov 17, 2012 4:49pm Nov 17, 2012 4:49pm
Quoting Eric D
well yes it was easy... you know it is from my blog.
Hey, so this chart is yours? No wonder it looks so familiar.
daddybearforex. com
  • #14,188
  • Nov 17, 2012 4:50pm Nov 17, 2012 4:50pm
Quoting Daytrader74
What about gold Papa? I'm heavy long gold as well
Post the chart and I will post my comments.
daddybearforex. com
  • #14,189
  • Nov 17, 2012 4:56pm Nov 17, 2012 4:56pm
XE shows the current rate: 1.03415

The Aussie moves up slowly but surely in the chart.
daddybearforex. com
  • #14,190
  • Nov 17, 2012 5:13pm Nov 17, 2012 5:13pm
Quoting DaddyBear
Post the chart and I will post my comments.

Here DB - GOLD
Attached Image (click to enlarge)
Click to Enlarge Name: gold mac.gif Size: 23 KB
  • #14,191
  • Nov 17, 2012 5:23pm Nov 17, 2012 5:23pm
Quoting DaddyBear
Hey, so this chart is yours? No wonder it looks so familiar.
Oh yes it is mine, it is posted on my blog! Daytrader74 shared it from there, read: http://www.forexgoldsmith.com/2012/11/audusd-daily-pinbar-at-monthly-pivot.html
  • #14,192
  • Nov 17, 2012 5:26pm Nov 17, 2012 5:26pm
Quoting chiknthief
Here DB - GOLD
Here is my 2 cents:

Overall current PA indicates that a move to the upside is in the cards. If there is any more drop, it would be limited.
daddybearforex. com
  • #14,193
  • Nov 17, 2012 5:26pm Nov 17, 2012 5:26pm
Quoting Eric D
Oh yes it is mine, it is posted on my blog! Daytrader74 shared it from there, read: http://www.forexgoldsmith.com/2012/11/audusd-daily-pinbar-at-monthly-pivot.html
Yes Daddy its not my chart i stole it from Eric's blog, sorry about that, all credit goes to Eric.
  • #14,194
  • Nov 17, 2012 5:29pm Nov 17, 2012 5:29pm
Quoting Daytrader74
Yes Daddy its not my chart i stole it from Eric's blog, sorry about that, all credit goes to Eric.
Please post the links to the messages in the future. Thanks.
daddybearforex. com
  • #14,195
  • Nov 17, 2012 5:33pm Nov 17, 2012 5:33pm
Quoting DaddyBear
XE shows the current rate: 1.03415

The Aussie moves up slowly but surely in the chart.
Now, 1.03425.
Usually, during the weekend, there are not much moves at all. I looked at the HH and LL to figure out what could be next.
daddybearforex. com
  • #14,196
  • Nov 17, 2012 5:36pm Nov 17, 2012 5:36pm
Quoting Daytrader74
Yes Daddy its not my chart i stole it from Eric's blog, sorry about that, all credit goes to Eric.
No problem Daytrader74, it means you find it useful, regards.
  • #14,197
  • Nov 17, 2012 5:46pm Nov 17, 2012 5:46pm
Quoting Eric D
No problem Daytrader74, it means you find it useful, regards.
Yes, thank you Eric.
  • #14,198
  • Nov 17, 2012 6:31pm Nov 17, 2012 6:31pm
In the elevator, the nurse asked the patient, Mr. Bear, where he would like to go ......
Attached Image (click to enlarge)
Click to Enlarge Name: POLL-4.JPG Size: 77 KB
daddybearforex. com
  • #14,199
  • Nov 17, 2012 6:37pm Nov 17, 2012 6:37pm
Quoting DaddyBear
Currently, the Bull is leading the Bear by one vote only. As a bullish Bear, I would expect the Bulls gain upper hand on Sunday open. IMO
A Bear camp defector came to the Bull side. Now the tally is 18/21. It is still a very tight race.

http://www.forexfactory.com/attachme...1&d=1353131918
daddybearforex. com
  • #14,200
  • Nov 17, 2012 7:03pm Nov 17, 2012 7:03pm
"AUDUSD: Biased To The Upside With Eyes On The 1.0478 Level."
http://www.ibtimes.co.uk/articles/404889/20121114/aud-usd-technical-analysis-outlook-prediction-forex.htm

This is too conservative IMO.
daddybearforex. com
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