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  • #15,561
  • Nov 22, 2012 11:21am Nov 22, 2012 11:21am
Quoting DaddyBear
You are in a rush to get back in. Why 27 and 1.0418?
Thats just what I was taught. My computer is currently down atm so I can't post any charts. Hopefully will be able to get some up later today.
Good luck and may the odds be ever in your favor!
  • #15,562
  • Nov 22, 2012 11:21am Nov 22, 2012 11:21am
Quoting Tim_isoara
if break keep transaction if not close
I am not asking how you trade but the rationale behind the base break.
daddybearforex. com
  • #15,563
  • Nov 22, 2012 11:26am Nov 22, 2012 11:26am
Quoting DaddyBear
IMO this is not going to happen short term. It has to go testing 1.05xx first.
We will be watching you...............longs are bailing.........
The More You Learn, The More You Earn.....
  • #15,564
  • Nov 22, 2012 11:28am Nov 22, 2012 11:28am
Quoting DaddyBear
The direction of the breakout will be decided by the previous traffic flow.
so you see the flow were exactly?

sorry just saw your other post 1.05
Bulls Make Money, Bears Make Money, Pigs Get Slaughtered
  • #15,565
  • Nov 22, 2012 11:29am Nov 22, 2012 11:29am
Quoting DaddyBear
I am not asking how you trade but the rationale behind the base break.
i dont now if break or not
  • #15,566
  • Nov 22, 2012 11:32am Nov 22, 2012 11:32am
Quoting dbutton1990
Thats just what I was taught. My computer is currently down atm so I can't post any charts. Hopefully will be able to get some up later today.
And it very well is going to go above 1.0418. I'm just saying 1.0418 will complete this wave and form a new sub sub ab
Good luck and may the odds be ever in your favor!
  • #15,567
  • Nov 22, 2012 11:42am Nov 22, 2012 11:42am
Quoting DaddyBear
I am not asking how you trade but the rationale behind the base break.
For me is 50% to break up or down
  • #15,568
  • Nov 22, 2012 11:48am Nov 22, 2012 11:48am
Quoting forexalien
We will be watching you...............longs are bailing.........
I am short now.
daddybearforex. com
  • #15,569
  • Nov 22, 2012 12:03pm Nov 22, 2012 12:03pm
Quoting blue_z_zz
so you see the flow were exactly?

sorry just saw your other post 1.05
The current traffic flow is Northeast-bound. Regardless of how it moves inside the channel, the main direction will be followed.
Attached Image (click to enlarge)
Click to Enlarge Name: AUD-112212-D.JPG Size: 95 KB
daddybearforex. com
  • #15,570
  • Nov 22, 2012 12:07pm Nov 22, 2012 12:07pm
In M15, Ichimoku Cloud acts as a support better than its Western counterpart.
Attached Image (click to enlarge)
Click to Enlarge Name: AUD-112212-M15.JPG Size: 74 KB
daddybearforex. com
  • #15,571
  • Nov 22, 2012 12:10pm Nov 22, 2012 12:10pm
Quoting Tim_isoara
For me is 50% to break up or down
Unless it is going to break out from the base. If it does, the magenta line won't be able to hold up the falling baby. In that case, my projection would be wrong.
daddybearforex. com
  • #15,572
  • Nov 22, 2012 12:11pm Nov 22, 2012 12:11pm
Quoting DaddyBear
The current traffic flow is Northeast-bound. Regardless of how it moves inside the channel, the main direction will be followed.
nice chart. what ADX you use?
  • #15,573
  • Nov 22, 2012 12:12pm Nov 22, 2012 12:12pm
Quoting DaddyBear
Unless it is going to break out from the base. If it does, the magenta line won't be able to hold up the falling baby. In that case, my projection would be wrong.
If this scenario comes to play, there might be a level between magenta and blue lines to be acting as the support.
daddybearforex. com
  • #15,574
  • Nov 22, 2012 12:14pm Nov 22, 2012 12:14pm
Quoting Tim_isoara
nice chart. what ADX you use?
ADX(13)
daddybearforex. com
  • #15,575
  • Nov 22, 2012 12:16pm Nov 22, 2012 12:16pm
Quoting DaddyBear
ADX(13)
I use ADX 14 with 3 lines
  • #15,576
  • Nov 22, 2012 12:22pm Nov 22, 2012 12:22pm
Quoting Tim_isoara
I use ADX 14 with 3 lines
The rationales that I use 13 instead of 14 are as follows:

1. There is no reason to use 14.
2. 13 is a Fibonacci number.
3. Most importantly, 13 gives me the edge to stay one step ahead of 14, which is used by everyone except me.
daddybearforex. com
  • #15,577
  • Nov 22, 2012 12:26pm Nov 22, 2012 12:26pm
Quoting forexalien
It helps you pick up the beginning of a new larger trend and allows you to "stay the trade" till the end. I will future post some examples, I am now committed to the Turkey.
The Bear Turkey?
daddybearforex. com
  • #15,578
  • Nov 22, 2012 12:29pm Nov 22, 2012 12:29pm
Quoting DaddyBear
The rationales that I use 13 instead of 14 are as follows:

1. There is no reason to use 14.
2. 13 is a Fibonacci number.
3. Most importantly, 13 gives me the edge to stay one step ahead of 14, which is used by everyone except me.
See you later DB
  • #15,579
  • Nov 22, 2012 12:33pm Nov 22, 2012 12:33pm
Quoting Tim_isoara
See you later DB
Going to bed so early?
daddybearforex. com
  • #15,580
  • Nov 22, 2012 12:37pm Nov 22, 2012 12:37pm
Quoting DaddyBear
Going to bed so early?
no market untill asia open
Bulls Make Money, Bears Make Money, Pigs Get Slaughtered
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