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  • #14,221
  • Nov 18, 2012 12:56am Nov 18, 2012 12:56am
Quoting DaddyBear
Current poll results: 18/22
The sentiment in this forum is turning bullish. By Sunday night, I expect more votes for the Bull's 1.05xx than the Bear's 1.01xx.

http://www.forexfactory.com/attachme...1&d=1353178949
What good is on vacation.How many days of vacation we have?We can celebrate New Year here.
Attached Image
  • #14,222
  • Nov 18, 2012 1:48am Nov 18, 2012 1:48am
Quoting DaddyBear
Current poll results: 18/22
The sentiment in this forum is turning bullish. By Sunday night, I expect more votes for the Bull's 1.05xx than the Bear's 1.01xx.
(Cookie belly-ache passed...page still parked here and just refreshed.)

It is a THREAD...one thread...on a forum, with 40 votes total. Are you suggesting a worthwhile pulse of the global state of mind can be gauged from the top of this page? From someone that's been trading AU from .5/.6, I'm going to assume not. But wow...I hope your enthusiasm for what YOU see rubs off on me as I carry on down life's road.

Actually... don't think I do.

Hope the vote turns convincingly your way...and you bank a ton.
  • #14,223
  • Nov 18, 2012 2:11am Nov 18, 2012 2:11am
i voted up. will not hide my longterm target = 1.4000, possible 2.3000.

why ? easy, currencies move from min to max and reverse double, triple, 5x. fibonacii stuff. As it passed 2x, next one is 3x which is 1.4000.
  • #14,224
  • Nov 18, 2012 3:03am Nov 18, 2012 3:03am
Quoting macroman
i voted up. will not hide my longterm target = 1.4000, possible 2.3000.

why ? easy, currencies move from min to max and reverse double, triple, 5x. fibonacii stuff. As it passed 2x, next one is 3x which is 1.4000.
There is no way RBA would let AUD to go that far.
  • #14,225
  • Nov 18, 2012 4:15am Nov 18, 2012 4:15am
Quoting bonus76
There is no way RBA would let AUD to go that far.
so they said (will not let down) when in '99 aud was above 65c after intervention starting at 55. gone down to 47xx after. My best trade so far, pips wise. any traders here that have been around back then ?

98 offered resistance and it fell al the way to 60 in gfc but then gone up even further.

Doubling from the low is not overvalued. See eur, gone from 83 to 1.6 and now still 1.3 or so...

anyway us and eu are not that important. see asian currencies.
  • #14,226
  • Nov 18, 2012 4:26am Nov 18, 2012 4:26am
i dont mind if your whole account ends up in my pockets, so go ahead. short it
  • #14,227
  • Nov 18, 2012 5:52am Nov 18, 2012 5:52am
Quoting kenfen69
(Cookie belly-ache passed...page still parked here and just refreshed.)

It is a THREAD...one thread...on a forum, with 40 votes total. Are you suggesting a worthwhile pulse of the global state of mind can be gauged from the top of this page? From someone that's been trading AU from .5/.6, I'm going to assume not. But wow...I hope your enthusiasm for what YOU see rubs off on me as I carry on down life's road.

Actually... don't think I do.

Hope the vote turns convincingly your way...and you bank a ton.
I mentioned the sentiment is within this thread. You may overlooked the nature of human herd mentality. Our members are from around the globe. There are some meanings behind the ratio change. IMO
daddybearforex. com
  • #14,228
  • Nov 18, 2012 5:53am Nov 18, 2012 5:53am
Quoting Tim_isoara
What good is on vacation.How many days of vacation we have?We can celebrate New Year here.
Nice video. Happy bears for now.
daddybearforex. com
  • #14,229
  • Nov 18, 2012 5:59am Nov 18, 2012 5:59am
Quoting kenfen69
(Cookie belly-ache passed...page still parked here and just refreshed.)

It is a THREAD...one thread...on a forum, with 40 votes total. Are you suggesting a worthwhile pulse of the global state of mind can be gauged from the top of this page? From someone that's been trading AU from .5/.6, I'm going to assume not. But wow...I hope your enthusiasm for what YOU see rubs off on me as I carry on down life's road.

Actually... don't think I do.

Hope the vote turns convincingly your way...and you bank a ton....
By the way, my enthusiasm is in trading not to persuade anyone to follow me. I share what I see. Nothing more and nothing less.
daddybearforex. com
  • #14,230
  • Nov 18, 2012 6:06am Nov 18, 2012 6:06am
Current Rate: 1.03435

Although the rate change is miniscule, I see a slowly but surely move behind during ultra low liquidity weekend. I heard that China's new leader Xi was going to give a speech on Sunday. Have no details yet, but I would think the speech was very positive on the economy front regardless of whether or not the actual status is that good.
daddybearforex. com
  • #14,231
  • Nov 18, 2012 6:11am Nov 18, 2012 6:11am
Quoting macroman
i voted up. will not hide my longterm target = 1.4000, possible 2.3000.

why ? easy, currencies move from min to max and reverse double, triple, 5x. fibonacii stuff. As it passed 2x, next one is 3x which is 1.4000.
Welcome aboard, macroman. I believe you are an ultra Bull. When taking the facts into consideration, I have a hard time to see 2x or 3x happens in the foreseeable future.

The main reason is the US is going to be the largest oil producer in a few years. This will make the USD a commodity currency plus its safe haven status. Under such a scenario, I see the Aussie going back to 0.6 in a few years. IMO
daddybearforex. com
  • #14,232
  • Nov 18, 2012 6:21am Nov 18, 2012 6:21am
Quoting DaddyBear
Welcome aboard, macroman. I believe you are an ultra Bull. When taking the facts into consideration, I have a hard time to see 2x or 3x happens in the foreseeable future.

The main reason is the US is going to be the largest oil producer in a few years. This will make the USD a commodity currency plus its safe haven status. Under such a scenario, I see the Aussie going back to 0.6 in a few years. IMO
i guess was not clear. Low AUDUSD was 0.4770 or so. Double that you get 0.95xx. so we passed 2x already as price 1.03. 3x is 0.4770 x 3 = 1.43 or so.

You could be right, however major fall right now not likely except if dam breaks.
  • #14,233
  • Edited 6:37am Nov 18, 2012 6:26am | Edited 6:37am
Quoting macroman
i guess was not clear. Low AUDUSD was 0.4770 or so. Double that you get 0.95xx. so we passed 2x already as price 1.03. 3x is 0.4770 x 3 = 1.43 or so.

You could be right, however major fall right now not likely except if dam breaks.
I am not seeing a major fall right now but it could happen gradually in a foreseeable future. It was easier to go up to 3X from 0.4770. But from 1.03xx to 2,06xx may be beyond my imagination at this point.
daddybearforex. com
  • #14,234
  • Nov 18, 2012 6:36am Nov 18, 2012 6:36am
The tally of the poll shifting toward the Bull side sped up last night. Ken pointed out this is only a poll in a thread. However, I see the poll results from another angle. Human mentality is what I am looking into. This thread is focusing on AUDUSD only. With such a niche market approach, the poll reflects the Aussie traders' mindsets. I wouldn't take the poll results lightly.

http://www.forexfactory.com/attachme...7&d=1353241326
daddybearforex. com
  • #14,235
  • Nov 18, 2012 6:41am Nov 18, 2012 6:41am
Quoting DaddyBear
Current Rate: 1.03435

Although the rate change is miniscule, I see a slowly but surely move behind during ultra low liquidity weekend. I heard that China's new leader Xi was going to give a speech on Sunday. Have no details yet, but I would think the speech was very positive on the economy front regardless of whether or not the actual status is that good.
When the liquidity is unwound at Sunday open, the scale of this move will surge. A few pips change during the quite weekend will be transformed to a number to be remembered as a gap up.
daddybearforex. com
  • #14,236
  • Nov 18, 2012 6:46am Nov 18, 2012 6:46am
The Bear is getting sicker during this weekend.


http://www.forexfactory.com/attachme...1&d=1353198706
daddybearforex. com
  • #14,237
  • Nov 18, 2012 6:46am Nov 18, 2012 6:46am
Quoting DaddyBear
When the liquidity is unwound at Sunday open, the scale of this move will surge. A few pips change during the quite weekend will be transformed to a number to be remembered as a gap up.
how many pips papa, i'm 5 full lots long papa, i wanna retire on Monday
  • #14,238
  • Edited 7:06am Nov 18, 2012 6:54am | Edited 7:06am
Quoting Daytrader74
how many pips papa, i'm 5 full lots long papa, i wanna retire on Monday
It's hard to say now. Has Friday's bullish sentiment all gone? Did Asian traders participate Friday's rally? Do the new Chinese leaders give the markets some hopes? These are the issues I am looking into now.
daddybearforex. com
  • #14,239
  • Nov 18, 2012 7:07am Nov 18, 2012 7:07am
Testing 1.05xx is not my concern now. I am looking into the move beyond that point. A retracement is possible. The Bollinger Band is tightened to a very narrow range now. This is the prelude of a major move.
daddybearforex. com
  • #14,240
  • Nov 18, 2012 7:21am Nov 18, 2012 7:21am
Quoting DaddyBear

The main reason is the US is going to be the largest oil producer in a few years. This will make the USD a commodity currency plus its safe haven status. Under such a scenario, I see the Aussie going back to 0.6 in a few years. IMO

Questions

Might this be of matter http://www.foxnews.com/world/2012/11/16/liberated-iraq-calls-on-arab-states-to-use-oil-as-weapon-against-us/#ixzz2CZwNlsVn

and

your views on trying to correlate this into the price http://www.goldoz.com.au/stock_charts.0.html
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