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  • #15,801
  • Nov 23, 2012 2:37pm Nov 23, 2012 2:37pm
Quoting DaddyBear
25 may be more likely than 00 if this is a retracement. IMO
On 15M and H1 next is wave 4 retracement.And 1.0425 is in cards.IMO
  • #15,802
  • Nov 23, 2012 2:38pm Nov 23, 2012 2:38pm
Quoting Tim_isoara
Green line was resistance and became support.
Is it around 1.0415?
daddybearforex. com
  • #15,803
  • Nov 23, 2012 2:39pm Nov 23, 2012 2:39pm
Quoting DaddyBear
This is the M5 with Ichimoku Cloud. The Aussie is entering the Cloud now. Current cloud bottom is in line with daily 1.44410 support.
Now the Aussie is reentering the Could. Can this Cloud hold up the baby?

http://www.forexfactory.com/attachme...1&d=1353702643
daddybearforex. com
  • #15,804
  • Nov 23, 2012 2:40pm Nov 23, 2012 2:40pm
Quoting DaddyBear
Is it around 1.0415?
now is 1.0425
  • #15,805
  • Nov 23, 2012 2:42pm Nov 23, 2012 2:42pm
Quoting DaddyBear
Now the Aussie is reentering the Could. Can this Cloud hold up the baby?

http://www.forexfactory.com/attachme...1&d=1353702643
The Cloud may move up and gets thinner. Once the Aussie penetrates the Cloud, the Cloud would become the resistance. This is a dynamic R/S indicator.
daddybearforex. com
  • #15,806
  • Nov 23, 2012 2:43pm Nov 23, 2012 2:43pm
Quoting Tim_isoara
now is 1.0425
Can it hold?
daddybearforex. com
  • #15,807
  • Nov 23, 2012 2:49pm Nov 23, 2012 2:49pm
Quoting DaddyBear
Can it hold?
Yes.I think was end of wave 3,next is retracement around 1.0425, and next another top wave 5 around 1.0540 and here is magenta line
  • #15,808
  • Nov 23, 2012 2:49pm Nov 23, 2012 2:49pm
Quoting DaddyBear
I got lost. Can you mark the line and post it again?
here,
Attached Image (click to enlarge)
Click to Enlarge Name: Resistance Line B 24 Nov.jpg Size: 97 KB
  • #15,809
  • Nov 23, 2012 2:55pm Nov 23, 2012 2:55pm
Quoting HelloOz
here,
Looks likely.
daddybearforex. com
  • #15,810
  • Nov 23, 2012 2:57pm Nov 23, 2012 2:57pm
Quoting HelloOz
here,
This could indicate a drop is in the cards.
daddybearforex. com
  • #15,811
  • Nov 23, 2012 2:59pm Nov 23, 2012 2:59pm
Quoting Tim_isoara
Yes.I think was end of wave 3,next is retracement around 1.0425, and next another top wave 5 around 1.0540 and here is magenta line
IMO, it was a-b-c not 1-2-3. So, a retracement of 76.4% to 100% is still possible
daddybearforex. com
  • #15,812
  • Nov 23, 2012 3:05pm Nov 23, 2012 3:05pm
Quoting DaddyBear
IMO, it was a-b-c not 1-2-3. So, a retracement of 76.4% to 100% is still possible
If break 1.0425 is abc if not is 123.
  • #15,813
  • Nov 23, 2012 3:06pm Nov 23, 2012 3:06pm
again switching directions here
Attached Image(s) (click to enlarge)
Click to Enlarge Name: aud_usd_positiontrade21.jpg Size: 108 KB
Click to Enlarge Name: aud_usd_positiontrade23.jpg Size: 100 KB
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #15,814
  • Nov 23, 2012 3:06pm Nov 23, 2012 3:06pm
Quoting DaddyBear
IMO, it was a-b-c not 1-2-3. So, a retracement of 76.4% to 100% is still possible
But, LTL may hold up the baby.
daddybearforex. com
  • #15,815
  • Nov 23, 2012 3:07pm Nov 23, 2012 3:07pm
Quoting HelloOz
will close at 1.044x, as i mentioned on previous post today close price could be at 1.044x

then i will start with my Saturday and Sunday routine.. shopping with my newborn.
dont think we will close at 1.044
closing my short
Attached Image
  • #15,816
  • Nov 23, 2012 3:07pm Nov 23, 2012 3:07pm
Quoting djambazov84
again switching directions here
Are you bear now?
daddybearforex. com
  • #15,817
  • Nov 23, 2012 3:08pm Nov 23, 2012 3:08pm
Quoting DaddyBear
Are you bear now?

yea... i think this might be the big one
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #15,818
  • Nov 23, 2012 3:09pm Nov 23, 2012 3:09pm
Quoting djambazov84
yea... i think this might be the big one
Do you anticipate a gap down on Sunday?
daddybearforex. com
  • #15,819
  • Nov 23, 2012 3:11pm Nov 23, 2012 3:11pm
Quoting HelloOz
dont think we will close at 1.044
closing my short
You might be following Alam's steps.
daddybearforex. com
  • #15,820
  • Nov 23, 2012 3:13pm Nov 23, 2012 3:13pm
Quoting DaddyBear
You might be following Alam's steps.
The Patience Index is needed in trading more than anything else.
daddybearforex. com
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