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Aussie Trading Room and Cartoons Gallery

  • #15,901
  • Edited 9:21pm Nov 24, 2012 8:03pm | Edited 9:21pm
Quoting DaddyBear
Announcement:

The new poll "What is your expectation of Sunday open?" is setup. Please vote for your expectation at the first page of this thread. Thanks.

Note: This poll will be closed after 5 PM EST Sunday.
In what time frame are you looking for ? 15m down, 1h up or down, 4h up, day up, week is mixed soon to come down, month short term is up, month long term is down, and when the 4h through the month charts line up to short, it will be a freight train.
The More You Learn, The More You Earn.....
  • #15,902
  • Nov 24, 2012 8:19pm Nov 24, 2012 8:19pm
Quoting forexalien
In what time frame are you looking for ? 15m down, 1h up or down, 4h up, day up, week is mixed soon to come down, month short term is up, month long term is down, and when the 4h though the month line up to short, it will be a freight train.
The gap is in reference to the Friday close. It has nothing to do with the TF.
daddybearforex. com
  • #15,903
  • Nov 24, 2012 8:21pm Nov 24, 2012 8:21pm
Please vote for your expectation of Sunday open at the first page of this thread. Thanks.
Attached Image (click to enlarge)
Click to Enlarge Name: GAP.JPG Size: 57 KB
daddybearforex. com
  • #15,904
  • Nov 24, 2012 8:31pm Nov 24, 2012 8:31pm
Just cast the vote.
  • #15,905
  • Nov 24, 2012 8:33pm Nov 24, 2012 8:33pm
CNN:
Report: Black Friday sales down (http://money.cnn.com/2012/11/24/pf/black-friday-traffic/index.html?hpt=hp_t1)

Will this bring down US markets Monday?
daddybearforex. com
  • #15,906
  • Nov 24, 2012 8:34pm Nov 24, 2012 8:34pm
Quoting Ken A
Just cast the vote.
Thanks. Could you provide your insight?
daddybearforex. com
  • #15,907
  • Nov 24, 2012 8:42pm Nov 24, 2012 8:42pm
Quoting DaddyBear
CNN:
Report: Black Friday sales down (http://money.cnn.com/2012/11/24/pf/black-friday-traffic/index.html?hpt=hp_t1)

Will this bring down US markets Monday?
I might have different view from others with AUD and NZD and from what I have seen these pairs have provided safe haven when things are bad in the rest of the world. CAD, AUD and NZD will remain strong until US recovery or at least Fiscal Cliff is giving a clear view. Operation Twist will end this December and QE4 is very possible considering available options. Also BOJ will keep weakening the YEN will boost these 3 currencies. IMHO.
  • #15,908
  • Nov 24, 2012 8:47pm Nov 24, 2012 8:47pm
Current tally of the poll: UP 60% vs. Down 40%
Attached Image
daddybearforex. com
  • #15,909
  • Nov 24, 2012 8:49pm Nov 24, 2012 8:49pm
Quoting Ken A
I might have different view from others with AUD and NZD and from what I have seen these pairs have provided safe haven when things are bad in the rest of the world. CAD, AUD and NZD will remain strong until US recovery or at least Fiscal Cliff is giving a clear view. Operation Twist will end this December and QE4 is very possible considering available options. Also BOJ will keep weakening the YEN will boost these 3 currencies. IMHO.
Good points even I have reservations about your views.
daddybearforex. com
  • #15,910
  • Nov 24, 2012 8:58pm Nov 24, 2012 8:58pm
Quoting DaddyBear
Current tally of the poll: UP 60% vs. Down 40%
This poll is not intended to decide which vote is right or wrong. Instead, It serves as a self-examination of one's judgement. Understanding your rival's thinking is a must in trading IMO.

http://www.forexfactory.com/attachme...1&d=1353811326
daddybearforex. com
  • #15,911
  • Nov 24, 2012 9:24pm Nov 24, 2012 9:24pm
Quoting DaddyBear
The gap is in reference to the Friday close. It has nothing to do with the TF.
awww you are looking for the gap movement at open. Does the gap normally go in the direction of the raging trend we just had on Friday?
The More You Learn, The More You Earn.....
  • #15,912
  • Nov 24, 2012 9:28pm Nov 24, 2012 9:28pm
A floating cemetery in Hong Kong? CNN reports ......

This is a brilliant idea and also a completely out of the box thinking. For an island state like Hong Kong, this is the way to go.

Is this related to the Aussie trading? It depends on how you think. Hong Kong is a territory of China. If such a tough issue can be solved in this eco-friendly way, it is good for China in the long run. There will be more land to be used for development. Then there will be more imports of natural resources from Australia.

This is a far-reaching thinking and could be ridiculous to some people. For a nation with 13 billion people and counting, China will be running out of places for cemeteries in a foreseeable future. We may see a lot of such floating cemeteries in China's waters sooner or later.

BTW, the floating cemetery is made of steel like a cruise ship. Think about how many floating cemeteries China will need in the future.
daddybearforex. com
  • #15,913
  • Nov 24, 2012 9:29pm Nov 24, 2012 9:29pm
Quoting forexalien
awww you are looking for the gap movement at open. Does the gap normally go in the direction of the raging trend we just had on Friday?
The gap can happen either way regardless of how Friday close is.
daddybearforex. com
  • #15,914
  • Nov 24, 2012 9:35pm Nov 24, 2012 9:35pm
Here are some charts...The four hour suggests that there will be a retracement coming pretty soon. While the daily suggests that the move is only half way over. Target is currently 1.0510 on this sub wave, while the current AB boundary target is 1.0632. We penetrated R1 and R2. R3 is next.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 11-24-2012 9-23-43 PM.png Size: 44 KB
Click to Enlarge Name: 11-24-2012 9-30-19 PM.png Size: 33 KB
Good luck and may the odds be ever in your favor!
  • #15,915
  • Nov 24, 2012 9:39pm Nov 24, 2012 9:39pm
Quoting dbutton1990
Here are some charts...The four hour suggests that there will be a retracement coming pretty soon. While the daily suggests that the move is only half way over. Target is currently 1.0510 on this sub wave, while the current AB boundary target is 1.0632. We penetrated R1 and R2. R3 is next.
David, R/S will be different on Sunday. They change everyday.
daddybearforex. com
  • #15,916
  • Nov 24, 2012 9:42pm Nov 24, 2012 9:42pm
Quoting DaddyBear
Good points even I have reservations about your views.
What's your view?
  • #15,917
  • Nov 24, 2012 9:42pm Nov 24, 2012 9:42pm
Quoting dbutton1990
Here are some charts...The four hour suggests that there will be a retracement coming pretty soon. While the daily suggests that the move is only half way over. Target is currently 1.0510 on this sub wave, while the current AB boundary target is 1.0632. We penetrated R1 and R2. R3 is next.
The lower chart indicates a divergence between the PA and the indicator below.
daddybearforex. com
  • #15,918
  • Nov 24, 2012 9:48pm Nov 24, 2012 9:48pm
Quoting Ken A
What's your view?
Your view is more on the fundamental analysis. While it may be true in the medium term. Such impact may not be felt in a very short time frame before this Sunday open.

My view is based on EWP and ADX. I saw a wave ended before Friday close. So, I voted for gap down.
daddybearforex. com
  • #15,919
  • Nov 24, 2012 9:50pm Nov 24, 2012 9:50pm
Quoting DaddyBear
Announcement:

The new poll "What is your expectation of Sunday open?" is setup. Please vote for your expectation at the first page of this thread. Thanks.

Note: This poll will be closed after 5 PM EST Sunday.
Please vote for your expectation before Sunday open.

http://www.forexfactory.com/attachme...1&d=1353811326
daddybearforex. com
  • #15,920
  • Nov 24, 2012 10:09pm Nov 24, 2012 10:09pm
Quoting DaddyBear
A floating cemetery in Hong Kong? CNN reports ......

This is a brilliant idea and also a completely out of the box thinking. For an island state like Hong Kong, this is the way to go.

Is this related to the Aussie trading? It depends on how you think. Hong Kong is a territory of China. If such a tough issue can be solved in this eco-friendly way, it is good for China in the long run. There will be more land to be used for development. Then there will be more imports of natural resources from Australia.

This is a far-reaching thinking...
"Who knows, we could be seeing a sea of floating cemeteries in a few years from now," said the designer.
If so, we may see a lot of ghost towns in the waters of China and other crowded nations as well in the near future.
daddybearforex. com
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