Aussie Trading Room and Cartoons Gallery | Page 868 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading Cartoons and Pics 2,832 replies

EUR/USD Trading Room 328 replies

Do The Trading Room 20 replies

Attachments: Aussie Trading Room and Cartoons Gallery
Exit Attachments

Aussie Trading Room and Cartoons Gallery

  • #17,341
  • Dec 2, 2012 8:09am Dec 2, 2012 8:09am
Quoting DaddyBear
This poll is intended to let people understand how the majority of this forum make their decisions in trading. Everyone has his own thinking and trading style. But, when the majority are using H1 and H4, there must be some reasons behind this tally.

H1 and H4 are lagging behind M15 and M5. Timing the entries may not be appropriate IMO.
That's a good thing to know. A view posted here by someone can be easier put into timeframe. I think it's very important to state as much as you can with what timeframe-view you base your analysis or position. Since we can easily be confused.
To make clear, I mean if for example you put in a position, are you holding that for 5 min, 30 min, 1 hour, 1 day, 1 week or a month?
So thank you for the poll, it makes it a little bit more clear.

Yes I agree that H1 and H4 are more laggy than 5min and 15min. But m5 m15 could give fake directions easier too.
I mostly use pendings and use my lvls for holding or closing positions In Aussie I rarely use 5m and not so much either 15m. In eurusd I do use this more.
  • #17,342
  • Dec 2, 2012 8:12am Dec 2, 2012 8:12am
Quoting DaddyBear
I only trade AUDUSD. I believe this week is going to be an exciting roller coaster ride.

http://www.forexfactory.com/attachme...1&d=1352178979
I posted this message in GM's thread last night. There are 15 Aussie events this week. Any event may provide an opportunity for a good ride. Bear in mind, buckle up!
daddybearforex. com
  • #17,343
  • Dec 2, 2012 8:15am Dec 2, 2012 8:15am
Quoting Stretch
That's a good thing to know. A view posted here by someone can be easier put into timeframe. I think it's very important to state as much as you can with what timeframe-view you base your analysis or position. Since we can easily be confused.
To make clear, I mean if for example you put in a position, are you holding that for 5 min, 30 min, 1 hour, 1 day, 1 week or a month?
So thank you for the poll, it makes it a little bit more clear.

Yes I agree that H1 and H4 are more laggy than 5min and 15min. But m5 m15 could give fake directions easier...
Pending order may be a better way to enter a trade.

Why do you use M5 or M15 more in EURUSD?
daddybearforex. com
  • #17,344
  • Dec 2, 2012 8:18am Dec 2, 2012 8:18am
IMO, M5 may be the safest TF to use as long as you know the directions.
daddybearforex. com
  • #17,345
  • Dec 2, 2012 8:21am Dec 2, 2012 8:21am
Quoting djambazov84
,
nothing fundamentally changing in the core position, not really loving the negative swap
Attached Image(s) (click to enlarge)
Click to Enlarge Name: aud_usd_positiontrade24.jpg Size: 85 KB
Click to Enlarge Name: aud_usd_positiontrade25.jpg Size: 145 KB
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #17,346
  • Dec 2, 2012 8:21am Dec 2, 2012 8:21am
Quoting DaddyBear
Now, we've got Bulls, Bears, Bullears and Aliens. A happy family forever.
Anyone is welcome to join this family even you are not in this picture.

http://www.forexfactory.com/attachme...1&d=1353994065
daddybearforex. com
  • #17,347
  • Dec 2, 2012 8:23am Dec 2, 2012 8:23am
Quoting djambazov84
nothing fundamentally changing in the core position, not really loving the negative swap
So, you are holding short positions? The negative swap is painful, isn't it?
daddybearforex. com
  • #17,348
  • Dec 2, 2012 8:25am Dec 2, 2012 8:25am
Quoting djambazov84
nothing fundamentally changing in the core position, not really loving the negative swap
I can see the reason you are holding the short positions. How long are you going to hold?
daddybearforex. com
  • #17,349
  • Dec 2, 2012 8:29am Dec 2, 2012 8:29am
Quoting DaddyBear
I posted this message in GM's thread last night. There are 15 Aussie events this week. Any event may provide an opportunity for a good ride. Bear in mind, buckle up!
here's my view still same since nov12/12

what i've been saying that pink tl is very strong and need to penetrate as well as support on the aqua tl ...

http://www.forexfactory.com/showthre...18#post6188018 (http://www.forexfactory.com/showthread.php?p=6188018#post6188018)

http://www.forexfactory.com/showthre...61#post6194861 (http://www.forexfactory.com/showthread.php?p=6194861#post6194861)

http://www.forexfactory.com/showthre...59#post6197959 (http://www.forexfactory.com/showthread.php?p=6197959#post6197959)


update au chart


Attached Thumbnails http://www.forexfactory.com/attachme...1&d=1354465658 (http://www.forexfactory.com/attachment.php?attachmentid=1091464&d=1354465658)
Wooooohooooo or Boooooohooooo
  • #17,350
  • Dec 2, 2012 8:31am Dec 2, 2012 8:31am
Quoting DaddyBear
I posted this message in GM's thread last night. There are 15 Aussie events this week. Any event may provide an opportunity for a good ride. Bear in mind, buckle up!
There are 4 events tonight. These events will provide good trading opportunities for sure.

6:30pm AUD
MI Inflation Gauge m/m
7:30pm AUD
Retail Sales m/m
7:30pm AUD
ANZ Job Advertisements m/m

 7:30pm AUD
Company Operating Profits q/q
daddybearforex. com
  • #17,351
  • Dec 2, 2012 8:36am Dec 2, 2012 8:36am
Quoting gnomoneey
here's my view still same since nov12/12

what i've been saying that pink tl is very strong and need to penetrate as well as support on the aqua tl ...

http://www.forexfactory.com/showthre...18#post6188018 (http://www.forexfactory.com/showthread.php?p=6188018#post6188018)

http://www.forexfactory.com/showthre...61#post6194861 (http://www.forexfactory.com/showthread.php?p=6194861#post6194861)

http://www.forexfactory.com/showthre...59#post6197959 (http://www.forexfactory.com/showthread.php?p=6197959#post6197959)...
I agree. But, the two red downward TL indicates a bullish pattern in a larger context. This is why I think a drop to the daily LTL then bounced off from there is in the cards.

http://www.forexfactory.com/attachme...1&d=1354465658
daddybearforex. com
  • #17,352
  • Dec 2, 2012 8:46am Dec 2, 2012 8:46am
Quoting DaddyBear
Pending order may be a better way to enter a trade.

Why do you use M5 or M15 more in EURUSD?
Are you familiar with the Dustbinlevels ? Look for posts from Gleneagles and Allyb , they basically started and improved this "simple" method, not sure if Cloggie was the start of the idea for Glen and Ally.
It basically thrives around the fact that eurusd moves in beats from 20 pips. You use levels with 20 pips distance on a 5m and 15m chart and watch PA react to it, patterns etc. You enter and go for 12pips each time. With compounding this can really add up.

Hope this explains your question?
  • #17,353
  • Dec 2, 2012 8:48am Dec 2, 2012 8:48am
This is what I see in my weekly chart. Not a projection but my 2 cents only.
Attached Image (click to enlarge)
Click to Enlarge Name: AUD-113012-W-2.JPG Size: 144 KB
daddybearforex. com
  • #17,354
  • Dec 2, 2012 8:50am Dec 2, 2012 8:50am
Quoting Stretch
Are you familiar with the Dustbinlevels ? Look for posts from Gleneagles and Allyb , they basically started and improved this "simple" method, not sure if Cloggie was the start of the idea for Glen and Ally.
It basically thrives around the fact that eurusd moves in beats from 20 pips. You use levels with 20 pips distance on a 5m and 15m chart and watch PA react to it, patterns etc. You enter and go for 12pips each time. With compounding this can really add up.

Hope this explains your question?
Thanks. I understand there are more scalping opportunities in EURUSD. So, this makes sense to me.
daddybearforex. com
  • #17,355
  • Dec 2, 2012 8:55am Dec 2, 2012 8:55am
Quoting DaddyBear
Thanks. I understand there are more scalping opportunities in EURUSD. So, this makes sense to me.
I think it's a bit more than scalping, but yes I agree eurusd has more opportunities for it. And since position trading with all the political mess is a lot less easy, this is a very nice system to get something out of fiber. I still need to develop my dustbin trading skills, it's a simple and clean method but absolutely not easy.
  • #17,356
  • Dec 2, 2012 8:57am Dec 2, 2012 8:57am
Quoting DaddyBear
This is what I see in my weekly chart. Not a projection but my 2 cents only.
This chart suggests how the PA would be impacted by the US fiscal cliff.
Attached Image (click to enlarge)
Click to Enlarge Name: AUD-113012-W-3.JPG Size: 84 KB
daddybearforex. com
  • #17,357
  • Dec 2, 2012 8:58am Dec 2, 2012 8:58am
Quoting Stretch
I think it's a bit more than scalping, but yes I agree eurusd has more opportunities for it. And since position trading with all the political mess is a lot less easy, this is a very nice system to get something out of fiber. I still need to develop my dustbin trading skills, it's a simple and clean method but absolutely not easy.
Any links to the books or further discussions?
daddybearforex. com
  • #17,358
  • Dec 2, 2012 9:02am Dec 2, 2012 9:02am
Like some people's thinking, I was not sure if the yellow colored circle is a bear flag. But, I gradually believe it's not. Instead, it could be a prelude of a major move next. IMO
Attached Image (click to enlarge)
Click to Enlarge Name: AUD-113012-W-4.JPG Size: 89 KB
daddybearforex. com
  • #17,359
  • Dec 2, 2012 9:05am Dec 2, 2012 9:05am
Quoting DaddyBear
Like some people's thinking, I was not sure if the yellow colored circle is a bear flag. But, I gradually believe it's not. Instead, it could be a prelude of a major move next. IMO
In the chart, the green cloud is holding up the Aussie and pushes it up. In the meantime, the red cloud is broken and keeps the door open for the Aussie to break out to the upside. IMO
daddybearforex. com
  • #17,360
  • Dec 2, 2012 9:10am Dec 2, 2012 9:10am
"Merkel Does Not Rule Out Future Greek Debt 'Haircut'" -CNBC-

In the end, there will be no more hair left like my head.
Attached Image (click to enlarge)
Click to Enlarge Name: EURO+BEAR.JPG Size: 42 KB
daddybearforex. com
9 traders viewing now