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Aussie Trading Room and Cartoons Gallery

  • #14,881
  • Nov 20, 2012 11:08am Nov 20, 2012 11:08am
Quoting forexalien
50% retrace look for short term long.........
How many times has the Aussie been bounced off from 50%?
daddybearforex. com
  • #14,882
  • Nov 20, 2012 11:12am Nov 20, 2012 11:12am
Quoting DaddyBear
I did not know ET trades the Forex markets. Did not see this scenario in the movie.
Bears and Aliens, the everyday battle......
Attached Image
The More You Learn, The More You Earn.....
  • #14,883
  • Nov 20, 2012 11:16am Nov 20, 2012 11:16am
Quoting forexalien
Bears and Aliens, the everyday battle......
Why no bulls? Are bulls aliens?

http://www.forexfactory.com/attachme...1&d=1352776168
daddybearforex. com
  • #14,884
  • Nov 20, 2012 11:23am Nov 20, 2012 11:23am
Quoting DaddyBear
Why no bulls? Are bulls aliens?

http://www.forexfactory.com/attachme...1&d=1352776168
Bears today, Bulls tomorrow......gotta fly..........
The More You Learn, The More You Earn.....
  • #14,885
  • Nov 20, 2012 11:24am Nov 20, 2012 11:24am
Quoting DaddyBear
How many times has the Aussie been bounced off from 50%?
At the "bottoms", 9 out of 10 times, bulls are trapped. A reversed thinking is needed.

http://www.forexfactory.com/attachme...1&d=1352906665
daddybearforex. com
  • #14,886
  • Nov 20, 2012 11:36am Nov 20, 2012 11:36am
I think it's a sell guys. Especially if the 1.0355 support level is broken.
Attached Image (click to enlarge)
Click to Enlarge Name: TWEX 20.11 AUDUSD extrea.png Size: 51 KB
  • #14,887
  • Nov 20, 2012 11:40am Nov 20, 2012 11:40am
Quoting DaddyBear
At the "bottoms", 9 out of 10 times, bulls are trapped. A reversed thinking is needed.
Some people say 1.025x and some say 1.035x. Here is a compromise. Use the average 1.0305 as a guideline. IMO
daddybearforex. com
  • #14,888
  • Nov 20, 2012 11:42am Nov 20, 2012 11:42am
Quoting fylaxtas
I think it's a sell guys. Especially if the 1.0355 support level is broken.
What is your target? BTW, welcome aboard. -DB-
daddybearforex. com
  • #14,889
  • Nov 20, 2012 11:48am Nov 20, 2012 11:48am
Quoting DaddyBear
How many times has the Aussie been bounced off from 50%?
Only once.......why?
The More You Learn, The More You Earn.....
  • #14,890
  • Nov 20, 2012 11:50am Nov 20, 2012 11:50am
Quoting forexalien
Only once.......why?
If only once, then 50% is not the prevailing level of bottoms. IMO
daddybearforex. com
  • #14,891
  • Nov 20, 2012 12:05pm Nov 20, 2012 12:05pm
Today has been a great day trading Aussie, added to positions at every pullback to a loose trend line and II supdem, out of 8 trades opened 7 are still alive tho 2/3rds partial closed each, all shorts on 5 min.

My neck is stiff as can be a, need to get this ergonomics thing done next, 12 hours on a lousy chair, high table and badly placed monitors and i'm loving it.

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Ouch only 5 left after that spike but a good day anyways.
  • #14,892
  • Edited 12:39pm Nov 20, 2012 12:15pm | Edited 12:39pm
Quoting DaddyBear
If only once, then 50% is not the prevailing level of bottoms. IMO
Than 50% I think it is the weekly pivot... @1.0359
Hi DaddyBear, I find that this thread is well moderated with right mix of fun, knowledge and encourages use of more parts of brain (with pics/cartoons) in the learning process.... Most of all the hand holding attitude of you and your fellow mates... My Salute...
  • #14,893
  • Nov 20, 2012 12:17pm Nov 20, 2012 12:17pm
Quoting Pip Piper
Than 50% I think it is the weekly pivot...
Hi DaddyBear, I find that this thread is well moderated with right mix of fun, knowledge and encourages use of more parts of brain (with pics/cartoons) in the learning process.... Most of all the hand holding attitude of you and your fellow mates... My Salute...
Pip Piper, welcome aboard and looking forward to your contributions. -DB-
daddybearforex. com
  • #14,894
  • Nov 20, 2012 12:20pm Nov 20, 2012 12:20pm
Quoting Kissa
Today has been a great day trading Aussie, added to positions at every pullback to a loose trend line and II supdem, out of 8 trades opened 7 are still alive tho 2/3rds partial closed each, all shorts on 5 min.

My neck is stiff as can be a, need to get this ergonomics thing done next, 12 hours on a lousy chair, high table and badly placed monitors and i'm loving it.

--------------
Ouch only 5 left after that spike but a good day anyways.
What is your TP?
daddybearforex. com
  • #14,895
  • Nov 20, 2012 12:37pm Nov 20, 2012 12:37pm
Quoting DaddyBear
What is your TP?
TP No:1 1.024

As all the trades are basically done i just consider them small payed for, risk free positions, hoping no big pullback and let em run, hard manual work getting them open tho and just lost another one.
  • #14,896
  • Nov 20, 2012 12:38pm Nov 20, 2012 12:38pm
Quoting Kissa
TP No:1 1.024

As all the trades are basically done i just consider them small payed for, risk free positions, hoping no big pullback and let em run, hard manual work getting them open tho and just lost another one.
What brings you to 1.024?
daddybearforex. com
  • #14,897
  • Nov 20, 2012 12:39pm Nov 20, 2012 12:39pm
Quoting Kissa
TP No:1 1.024

As all the trades are basically done i just consider them small payed for, risk free positions, hoping no big pullback and let em run, hard manual work getting them open tho and just lost another one.
If we go below 1.029
We will not see 1.055
  • #14,898
  • Nov 20, 2012 12:44pm Nov 20, 2012 12:44pm
Quoting DaddyBear
What brings you to 1.024?
Mayor demand at at 1.022 so giving it a little breathing room, also had a little pattern on weekly and daily suggesting it but its a litle broken now, or at least at the last moments to go down fast.

0.95 is the main target
  • #14,899
  • Nov 20, 2012 12:47pm Nov 20, 2012 12:47pm
340 For now?
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  • #14,900
  • Nov 20, 2012 12:49pm Nov 20, 2012 12:49pm
Quoting Kissa
Mayor demand at at 1.022 so giving it a little breathing room, also had a little pattern on weekly and daily suggesting it but its a litle broken now, or at least at the last moments to go down fast.

0.95 is the main target

what's your time horizon on that?
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