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  • #16,201
  • Nov 26, 2012 12:20pm Nov 26, 2012 12:20pm
Quoting Stretch
Did you mean a 50% mark on my chart? Because there is not one on it. If you meant another 50% that you have on your chart, than I would be happy to see your chart. Or just post the level where your 50% is Thanks in front.
It's on your chart. 1.04150.
daddybearforex. com
  • #16,202
  • Nov 26, 2012 12:25pm Nov 26, 2012 12:25pm
Because the Aussie is in a tight range since Sunday open, some people ran to other pairs.

A rolling stone gathers no moss
daddybearforex. com
  • #16,203
  • Nov 26, 2012 12:26pm Nov 26, 2012 12:26pm
Quoting DaddyBear
It's on your chart. 1.04150.
I did thought you meant that. It's a 56% mark though. Not the 50%, it's indeed not easy to spot, because the file I delivered isn't that big, sorry.

The 50% I have is at 1.03864

Well that might be a nice level to get in L again (0415). Though I rather have this L play out nicely. SL is at BE now since it had it's third test on H1 and the next one will have more probability to break the 0439 level.
Hopefully the next H1 can close above the 0455 level.
  • #16,204
  • Nov 26, 2012 12:28pm Nov 26, 2012 12:28pm
Quoting DaddyBear
Because the Aussie is in a tight range since Sunday open, some people ran to other pairs.

A rolling stone gathers no moss
A Chinese proverb that when translated into English means don’t put your feet in two boats.

http://www.brazencareerist.com/2008/07/10/don-t-put-your-feet-in-two-boats
daddybearforex. com
  • #16,205
  • Nov 26, 2012 12:29pm Nov 26, 2012 12:29pm
Quoting Stretch
I did thought you meant that. It's a 56% mark though. Not the 50%, it's indeed not easy to spot, because the file I delivered isn't that big, sorry.

The 50% I have is at 1.03864

Well that might be a nice level to get in L again (0415). Though I rather have this L play out nicely. SL is at BE now since it had it's third test on H1 and the next one will have more probability to break the 0439 level.
Hopefully the next H1 can close above the 0455 level.
So, you are bullish in this baby?
daddybearforex. com
  • #16,206
  • Nov 26, 2012 12:36pm Nov 26, 2012 12:36pm
Quoting DaddyBear
So, you are bullish in this baby?
Only for now. I would like to short somewhere after 0500-0560 if it gets there.
I just play level by level. I have no good strategy yet to make projections, So I just enter somewhere I feel there is a high probability of a bounce, support or resistance and see from there if the levels hold in the direction I entered.
If I was online (and there wasn't a weekend just behind it) I would have shorted around my levels that are at 0469 and 0462.
For this trade I am bullish, the next may be bearish. I try to avoid having a to big of a bias, it just fills your mind with a subjective view instead of the objective view I would like to have.

Edit: And I don't hold trades all to long. Nothing over the weekend, and for most trades I keep a max 24h window.
  • #16,207
  • Nov 26, 2012 12:41pm Nov 26, 2012 12:41pm
Quoting Stretch
Only for now. I would like to short somewhere after 0500-0560 if it gets there.
I just play level by level. I have no good strategy yet to make projections, So I just enter somewhere I feel there is a high probability of a bounce, support or resistance and see from there if the levels hold in the direction I entered.
If I was online (and there wasn't a weekend just behind it) I would have shorted around my levels that are at 0469 and 0462.
For this trade I am bullish, the next may be bearish. I try to avoid having a to big of a bias, it just...
There is a possibility that the daily low may be broken to the downside. IMO
daddybearforex. com
  • #16,208
  • Nov 26, 2012 12:43pm Nov 26, 2012 12:43pm
This is the new poll. The voting booth is located at the first page of this thread.


http://www.forexfactory.com/attachme...1&d=1353951308
daddybearforex. com
  • #16,209
  • Nov 26, 2012 12:45pm Nov 26, 2012 12:45pm
Quoting DaddyBear
There is a possibility that the daily low may be broken to the downside. IMO
Off course, that possibility always exists. I don't control the market so I can only follow. If it wants to go down, so be it. My L trades will have closed than and I will look for other setups, long, short or sideways
  • #16,210
  • Nov 26, 2012 12:46pm Nov 26, 2012 12:46pm
Quoting DaddyBear
There is a possibility that the daily low may be broken to the downside. IMO
In M5, the Ichimoku Cloud is dropping and the pattern appears to be bearish at this point.
Attached Image (click to enlarge)
Click to Enlarge Name: AUD-112612-M5.JPG Size: 109 KB
daddybearforex. com
  • #16,211
  • Nov 26, 2012 12:51pm Nov 26, 2012 12:51pm
Quoting DaddyBear
In M5, the Ichimoku Cloud is dropping and the pattern appears to be bearish at this point.
Yes and the M30 isn't good for my Long either. So I wait 10 more minutes and if it really doesn't attack the 0455.8 lvl I will close it.
  • #16,212
  • Nov 26, 2012 12:59pm Nov 26, 2012 12:59pm
Quoting DaddyBear
You left in a hurry last night. Did you go back to your UFO?
Yes I did, After I saw it was going to range for a day on the 15m, there was no reason to hang out any more......I have 8 screens and 30 pairs to look at, can't stay where you can't make money ya know.....
The More You Learn, The More You Earn.....
  • #16,213
  • Nov 26, 2012 1:02pm Nov 26, 2012 1:02pm
Quoting forexalien
Yes I did, After I saw it was going to range for a day on the 15m, there was no reason to hang out any more......I have 8 screens and 30 pairs to look at, can't stay where you can't make money ya know.....
Your UFO must be a luxury place to hang out.
daddybearforex. com
  • #16,214
  • Nov 26, 2012 1:04pm Nov 26, 2012 1:04pm
Operation "Quest for the ?" is underway.
daddybearforex. com
  • #16,215
  • Nov 26, 2012 1:05pm Nov 26, 2012 1:05pm
Quoting Stretch
Yes and the M30 isn't good for my Long either. So I wait 10 more minutes and if it really doesn't attack the 0455.8 lvl I will close it.
Out of the long, wasn't liking the H1 close. It didn't attacked the 0455 level really. But I am not entering a short either. Will just watch it, and might see what happens tomorrow. (I probably miss the boat )
  • #16,216
  • Nov 26, 2012 1:09pm Nov 26, 2012 1:09pm
Quoting forexalien
Yes I did, After I saw it was going to range for a day on the 15m, there was no reason to hang out any more......I have 8 screens and 30 pairs to look at, can't stay where you can't make money ya know.....

Since you are here, do you mind proving your outlook?
Attached Image
daddybearforex. com
  • #16,217
  • Nov 26, 2012 1:12pm Nov 26, 2012 1:12pm
Quoting Stretch
Out of the long, wasn't liking the H1 close. It didn't attacked the 0455 level really. But I am not entering a short either. Will just watch it, and might see what happens tomorrow. (I probably miss the boat )
Every wave or stage has a finale. So, the chances are you may be missing two boats all together.
daddybearforex. com
  • #16,218
  • Nov 26, 2012 1:13pm Nov 26, 2012 1:13pm
Quoting DaddyBear
What is next? Very confused about your views.
Chop Still < is very clear verbage
The More You Learn, The More You Earn.....
  • #16,219
  • Nov 26, 2012 1:14pm Nov 26, 2012 1:14pm
Quoting forexalien
Chop Still < is very clear verbage
How choppy? And, where is the stake?

http://www.forexfactory.com/attachme...1&d=1353435011
daddybearforex. com
  • #16,220
  • Nov 26, 2012 1:19pm Nov 26, 2012 1:19pm
Quoting DaddyBear
alien, now I know what you look like .......
I am very impressed and flattered at the same time. Why thank you DB, Your drawing of me is the very way I trade, Sell ,Long , Sell , Long , Sell , .......
The More You Learn, The More You Earn.....
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