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Aussie Trading Room and Cartoons Gallery

  • #15,521
  • Nov 22, 2012 10:11am Nov 22, 2012 10:11am
Quoting alam88009
aud I had long @ 1.0380 and TP 1..0429 is my TP to far away ?
done BEP + 11
I am new in trade ausie and I don't know ausie characteristics M yTL should be 1.0429.up
  • #15,522
  • Nov 22, 2012 10:14am Nov 22, 2012 10:14am
Quoting blue_z_zz
how are you chart looking tim

there is a triangle on 4H TF in between a DTL and UTL the breakout of the triangle will determine the direction of the aussie
still in the triangle no definte direction untill breakout of the triangle
Attached Image (click to enlarge)
Click to Enlarge Name: apple.jpg Size: 120 KB
Bulls Make Money, Bears Make Money, Pigs Get Slaughtered
  • #15,523
  • Nov 22, 2012 10:17am Nov 22, 2012 10:17am
Quoting Tim_isoara
1.0315-25
Why magenta line not blue one?
daddybearforex. com
  • #15,524
  • Nov 22, 2012 10:21am Nov 22, 2012 10:21am
Quoting alam88009
done BEP + 11
I am new in trade ausie and I don't know ausie characteristics M yTL should be 1.0429.up
The Aussie is a lady with 38/22/38 dimensions. Now you know her characteristics. You may trade her accordingly.
daddybearforex. com
  • #15,525
  • Nov 22, 2012 10:21am Nov 22, 2012 10:21am
Quoting blue_z_zz
still in the triangle no definte direction untill breakout of the triangle
She will break out to the upside. The direction is written all over the walls.
daddybearforex. com
  • #15,526
  • Nov 22, 2012 10:27am Nov 22, 2012 10:27am
Quoting dbutton1990
Target for this recent wave is 1.0418. Previous wave target is 1.0510 which is what I'm aiming for.
How did you come up with 1.0418? Insights please.
daddybearforex. com
  • #15,527
  • Nov 22, 2012 10:28am Nov 22, 2012 10:28am
Quoting DaddyBear
Why magenta line not blue one?
i think blue will be break
  • #15,528
  • Nov 22, 2012 10:29am Nov 22, 2012 10:29am
Quoting Tim_isoara
i think blue will be break
Isn't blue line the base of the triangle?
daddybearforex. com
  • #15,529
  • Nov 22, 2012 10:29am Nov 22, 2012 10:29am
Quoting DaddyBear
She will break out to the upside.
maybe it a symmetrical so both directions are valid a breakout will give us 100-150pips
Bulls Make Money, Bears Make Money, Pigs Get Slaughtered
  • #15,530
  • Nov 22, 2012 10:31am Nov 22, 2012 10:31am
Quoting Tim_isoara
i think blue will be break
If so, are you shorting now? It's about 80 good pips.
daddybearforex. com
  • #15,531
  • Nov 22, 2012 10:33am Nov 22, 2012 10:33am
Quoting DaddyBear
If so, are you shorting now? It's about 80 good pips.
yes
  • #15,532
  • Nov 22, 2012 10:35am Nov 22, 2012 10:35am
Quoting blue_z_zz
maybe it a symmetrical so both directions are valid a breakout will give us 100-150pips
Although it may be a symmetrical triangle, the breakout direction was preset before it was formed. look at the bigger context.
daddybearforex. com
  • #15,533
  • Nov 22, 2012 10:36am Nov 22, 2012 10:36am
Quoting blue_z_zz
maybe it a symmetrical so both directions are valid a breakout will give us 100-150pips
currently the upper line stand @ 1.0393-8 lower line 1.0355-3
Bulls Make Money, Bears Make Money, Pigs Get Slaughtered
  • #15,534
  • Nov 22, 2012 10:37am Nov 22, 2012 10:37am
Quoting Tim_isoara
yes
Then, why the triangle? I believe your TP is overreaching IMO.
daddybearforex. com
  • #15,535
  • Nov 22, 2012 10:37am Nov 22, 2012 10:37am
Quoting DaddyBear
Although it may be a symmetrical triangle, the breakout direction was preset before it was formed. look at the bigger context.
dont be emotionaly attached to a direction just wait there are good pips either way we are very close
Bulls Make Money, Bears Make Money, Pigs Get Slaughtered
  • #15,536
  • Nov 22, 2012 10:40am Nov 22, 2012 10:40am
Quoting blue_z_zz
dont be emotionaly attached to a direction just wait there are good pips either way we are very close
no offence DB sometimes im a bit direct in my responds
Bulls Make Money, Bears Make Money, Pigs Get Slaughtered
  • #15,537
  • Nov 22, 2012 10:41am Nov 22, 2012 10:41am
Quoting DaddyBear
Then, why the triangle? I believe your TP is overreaching IMO.
target1 1.0360
  • #15,538
  • Nov 22, 2012 10:41am Nov 22, 2012 10:41am
Quoting Tim_isoara
target1 1.0360
sl=BE
  • #15,539
  • Nov 22, 2012 10:43am Nov 22, 2012 10:43am
this is the triangle on 1H TF
Attached Image (click to enlarge)
Click to Enlarge Name: apple.jpg Size: 119 KB
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  • #15,540
  • Nov 22, 2012 10:43am Nov 22, 2012 10:43am
It's almost midnight here time to go to bed.
Thank you for the thread an advices
See you tomorrow
Bye
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