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  • #14,281
  • Nov 18, 2012 3:29pm Nov 18, 2012 3:29pm
The ADX of M5, M15 and H1 indicate bullish movement now. 1.03523
daddybearforex. com
  • #14,282
  • Nov 18, 2012 3:32pm Nov 18, 2012 3:32pm
Quoting DaddyBear
The ADX of M5, M15 and H1 indicate bullish movement now. 1.03523
A test of 1.043 is in the cards. IMO
daddybearforex. com
  • #14,283
  • Nov 18, 2012 3:34pm Nov 18, 2012 3:34pm
Quoting DaddyBear
A test of 1.043 is in the cards. IMO
Looks like all engines are running on the high speed now.
daddybearforex. com
  • #14,284
  • Nov 18, 2012 3:36pm Nov 18, 2012 3:36pm
1.0380 [R1] could be a minor roadblock.
daddybearforex. com
  • #14,285
  • Nov 18, 2012 3:38pm Nov 18, 2012 3:38pm
Quoting DaddyBear
1.0380 [R1] could be a minor roadblock.
Followed by 1.0405 [R2]. If the Aussie can clear up these two roadblocks, 1.05xx is in sight. IMO
daddybearforex. com
  • #14,286
  • Nov 18, 2012 3:41pm Nov 18, 2012 3:41pm
Now, the mid-point is taken out by the Bulls. The question now is when 1.05xx will be tested not if.

http://www.forexfactory.com/attachme...1&d=1353131918
daddybearforex. com
  • #14,287
  • Nov 18, 2012 4:35pm Nov 18, 2012 4:35pm
Quoting DaddyBear
Now, the mid-point is taken out by the Bulls. The question now is when 1.05xx will be tested not if.

http://www.forexfactory.com/attachme...1&d=1353131918
That's rushing it a bit. When the broken downtrend line gets broken once again, then we can talk about 'when' and not 'if'.
  • #14,288
  • Nov 18, 2012 4:59pm Nov 18, 2012 4:59pm
Quoting maximmm
That's rushing it a bit. When the broken downtrend line gets broken once again, then we can talk about 'when' and not 'if'.
May be you are right. But, that was what I saw. In the meantime, H4 ADX indicates a minor retracement is in cards.
daddybearforex. com
  • #14,289
  • Nov 18, 2012 5:04pm Nov 18, 2012 5:04pm
Quoting DaddyBear
May be you are right. But, that was what I saw. In the meantime, H4 ADX indicates a minor retracement is in cards.
oh, so its not going up papaa
  • #14,290
  • Nov 18, 2012 5:05pm Nov 18, 2012 5:05pm
i think we will test 1.0390's 1.04 level during asia Session
Bulls Make Money, Bears Make Money, Pigs Get Slaughtered
  • #14,291
  • Nov 18, 2012 5:05pm Nov 18, 2012 5:05pm
Quoting DaddyBear
May be you are right. But, that was what I saw. In the meantime, H4 ADX indicates a minor retracement is in cards.
I wish this retracement is a good size move. Looking for a level to reload positions.
daddybearforex. com
  • #14,292
  • Nov 18, 2012 5:06pm Nov 18, 2012 5:06pm
Quoting DaddyBear
I wish this retracement is a good size move. Looking for a level to reload positions.
yeap at 1.029
  • #14,293
  • Nov 18, 2012 5:07pm Nov 18, 2012 5:07pm
Quoting Daytrader74
oh, so its not going up papaa
It will go up. A break is needed.
daddybearforex. com
  • #14,294
  • Nov 18, 2012 5:08pm Nov 18, 2012 5:08pm
Quoting blue_z_zz
i think we will test 1.0390's 1.04 level during asia Session
May be in London session.
daddybearforex. com
  • #14,295
  • Nov 18, 2012 5:08pm Nov 18, 2012 5:08pm
Quoting DaddyBear
I wish this retracement is a good size move. Looking for a level to reload positions.
if your looking to buy try to buy before tokyo open it looks like its going north before south
Bulls Make Money, Bears Make Money, Pigs Get Slaughtered
  • #14,296
  • Nov 18, 2012 5:10pm Nov 18, 2012 5:10pm
Quoting HelloOz
yeap at 1.029
I wouldn't think so. Some people took profits. This would cause a drop. But, it will be limited. IMO
daddybearforex. com
  • #14,297
  • Nov 18, 2012 5:13pm Nov 18, 2012 5:13pm
Quoting DaddyBear
I wouldn't think so. Some people took profits. This would cause a drop. But, it will be limited. IMO
This retracement will be the lower bullish shadow of Monday's candle. It's very normal and can be found in the charts easily.
daddybearforex. com
  • #14,298
  • Nov 18, 2012 5:16pm Nov 18, 2012 5:16pm
Quoting DaddyBear
This retracement will be the lower bullish shadow of Monday's candle. It's very normal and can be found in the charts easily.
im now convinced that its going north..
  • #14,299
  • Edited 5:29pm Nov 18, 2012 5:18pm | Edited 5:29pm
Quoting HelloOz
im now convinced that its going north..
Besides taking the profits, some traders unload positions and are waiting for reentry later. I really don't see Bears' pressure tonight.
daddybearforex. com
  • #14,300
  • Nov 18, 2012 5:18pm Nov 18, 2012 5:18pm
i will not trade this up move my be 50 or more pips but will wait for a good short entry around 1.04
Bulls Make Money, Bears Make Money, Pigs Get Slaughtered
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