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Aussie Trading Room and Cartoons Gallery

  • #17,761
  • Dec 3, 2012 11:09pm Dec 3, 2012 11:09pm
Quoting DaddyBear
Bull Flag.
And this one too.

http://www.forexfactory.com/attachme...1&d=1354041111
daddybearforex. com
  • #17,762
  • Dec 3, 2012 11:10pm Dec 3, 2012 11:10pm
Quoting HelloOz
but it didnt close above that..
It broke 1.0450 already. Now it is going to pass it IMO.
daddybearforex. com
  • #17,763
  • Dec 3, 2012 11:11pm Dec 3, 2012 11:11pm
Quoting maximmm
huh? It will get filled, especially if aud goes even higher^^
I think so now. But aren't you Ultra Aussie Bear?
daddybearforex. com
  • #17,764
  • Dec 3, 2012 11:13pm Dec 3, 2012 11:13pm
Quoting DaddyBear
I think so now. But aren't you Ultra Aussie Bear?
That's the thing, I'll be selling more at 1.0455 - that's the ultra bear behavior
  • #17,765
  • Dec 3, 2012 11:14pm Dec 3, 2012 11:14pm
Quoting DaddyBear
Look into H4 again. I think the Aussie is not done yet. In fact the China Express has crossed the border. We are in Mongolia now.
I agree. Only has to close above the channel upper trendline. Very possible.

Well DB and all others! Wish you a great day, night or evening. I am off. Won't be around (or not much) tomorrow.
Thanks for the posts/discussions today! GL HF
  • #17,766
  • Dec 3, 2012 11:14pm Dec 3, 2012 11:14pm
y do you have italian flag with bull on the middle?


Quoting DaddyBear
Bull Flag.

http://www.forexfactory.com/attachme...1&d=1352515367
  • #17,767
  • Dec 3, 2012 11:18pm Dec 3, 2012 11:18pm
Quoting maximmm
That's the thing, I'll be selling more at 1.0455 - that's the ultra bear behavior
Why not 1.0477. It will make you EXTRA ULTRA.
daddybearforex. com
  • #17,768
  • Dec 3, 2012 11:20pm Dec 3, 2012 11:20pm
Quoting HelloOz
y do you have italian flag with bull on the middle?
You cannot call this Italian flag.
daddybearforex. com
  • #17,769
  • Dec 3, 2012 11:27pm Dec 3, 2012 11:27pm
Quoting DaddyBear
You cannot call this Italian flag.
do we have a flag for bear?
  • #17,770
  • Dec 3, 2012 11:28pm Dec 3, 2012 11:28pm
Quoting HelloOz
do we have a flag for bear?
Yes.

http://www.forexfactory.com/attachme...1&d=1352834676
daddybearforex. com
  • #17,771
  • Dec 3, 2012 11:29pm Dec 3, 2012 11:29pm
Quoting DaddyBear
Yes.

http://www.forexfactory.com/attachme...1&d=1352834676
VIVA LA BEAR
  • #17,772
  • Dec 3, 2012 11:30pm Dec 3, 2012 11:30pm
Quoting bonus76
VIVA LA BEAR
In Bear you trust. Are you shorting now?
daddybearforex. com
  • #17,773
  • Dec 3, 2012 11:31pm Dec 3, 2012 11:31pm
Quoting DaddyBear
In Bear you trust. Are you shorting now?
Ya
  • #17,774
  • Dec 3, 2012 11:32pm Dec 3, 2012 11:32pm
Quoting DaddyBear
Why not 1.0477. It will make you EXTRA ULTRA.
The expanding triangle tells me that 1.0477 may be pushing it.
  • #17,775
  • Dec 3, 2012 11:38pm Dec 3, 2012 11:38pm
Quoting maximmm
The expanding triangle tells me that 1.0477 may be pushing it.
If it passes 1.0455 then what would you do?
daddybearforex. com
  • #17,776
  • Dec 4, 2012 12:03am Dec 4, 2012 12:03am
Quoting DaddyBear
If it passes 1.0455 then what would you do?
I will sell more if it moves higher^^

If aud moves beyond 1.06, then I'll have to close shorts.

BTW, aud is not looking bullish - at all. That 4 hour candle on rate decision is not looking good at all.

Why am I so bearish? Because there is a beautiful head and shoulders formation and it's missing a shoulder on the daily chart^^
  • #17,777
  • Dec 4, 2012 12:49am Dec 4, 2012 12:49am
Quoting maximmm
I will sell more if it moves higher^^

If aud moves beyond 1.06, then I'll have to close shorts.

BTW, aud is not looking bullish - at all. That 4 hour candle on rate decision is not looking good at all.

Why am I so bearish? Because there is a beautiful head and shoulders formation and it's missing a shoulder on the daily chart^^

Please tell me you have other reasons.
Play the players, not the cards.
  • #17,778
  • Dec 4, 2012 12:53am Dec 4, 2012 12:53am
Quoting GnarlyPips
Please tell me you have other reasons.
It's the most artistic reason I can find.
Other reasons??? expanding triangle, rate cut, year old triangle formation, etc, etc, etc

What are yours?
  • #17,779
  • Dec 4, 2012 1:08am Dec 4, 2012 1:08am
Quoting maximmm
It's the most artistic reason I can find.
Other reasons??? expanding triangle, rate cut, year old triangle formation, etc, etc, etc

What are yours?

Fundamentals on the American economy. (panama canal expansion > increased traffic for Port of Houston = more jobs and ability to export more gas/oil which America intends to become number one for quite a few years. Fiscal cliff is a ploy, China buys our debt, there's a reason why Obama won't call China a currency manipulator. Space exploration, we are the farthest in that area. Technological advances.)

The American economy will drop gold due to the fiscal cliff being a ploy. This will hurt the Australian economy a bit, but it won't take it out. There's also the information that Jplazard provides.

Then, the technicals. If price can hit up 1.06~ before the new year, then price has a good chance of dropping after the new year and the resolving of the fiscal cliff. I've already posted the chart earlier today.
Play the players, not the cards.
  • #17,780
  • Dec 4, 2012 1:08am Dec 4, 2012 1:08am
Good morning all.I don't ask was or not was rate cut.I don't care.I have charts that's all I need.And now back to business.
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