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  • #17,841
  • Dec 4, 2012 11:47am Dec 4, 2012 11:47am
Quoting DaddyBear
You see, PA does not slow down to a crawl. In fact, it's going to speed up to meet the preset schedule.
I don't call 10 pip range a speed up^^

To each his own.
  • #17,842
  • Dec 4, 2012 11:50am Dec 4, 2012 11:50am
I do think PA will speed up after GDP numbers come out - I expect a spike and then a complete retracement. Thus, a beginning of reversal. If that doesn't happen though.... I've already said I'd close half of my shorts.
  • #17,843
  • Dec 4, 2012 11:58am Dec 4, 2012 11:58am
Quoting maximmm
I do think PA will speed up after GDP numbers come out - I expect a spike and then a complete retracement. Thus, a beginning of reversal. If that doesn't happen though.... I've already said I'd close half of my shorts.
Do you think GDP is good? Which way will it spike?
daddybearforex. com
  • #17,844
  • Dec 4, 2012 12:02pm Dec 4, 2012 12:02pm
Quoting DaddyBear
Morning has broken and a new wave was born on Sunday, 12/2. This wave is the finale of current daily channel. It is a part of the wave C. What we have witnessed since Sunday was the part I. When part II begins, it's going to be a great ride.
..... May be not........

http://www.forexfactory.com/attachme...1&d=1345140987
daddybearforex. com
  • #17,845
  • Dec 4, 2012 12:06pm Dec 4, 2012 12:06pm
I know a lot of bears are under the water now. Take it easy, your bear brothers will come to rescue you. Just don't know when.
daddybearforex. com
  • #17,846
  • Dec 4, 2012 12:09pm Dec 4, 2012 12:09pm
Quoting DaddyBear
I know a lot of bears are under the water now. Take it easy, your bear brothers will come to rescue you. Just don't know when.
Just pretend you are taking a shower.

http://www.forexfactory.com/attachme...1&d=1353436494
daddybearforex. com
  • #17,847
  • Dec 4, 2012 12:10pm Dec 4, 2012 12:10pm
Quoting DaddyBear
Just pretend you are taking a shower.
If the Bulls laugh at you, just hit back......

http://www.forexfactory.com/attachme...1&d=1353436640
daddybearforex. com
  • #17,848
  • Dec 4, 2012 12:12pm Dec 4, 2012 12:12pm
Quoting DaddyBear
If the Bulls laugh at you, just hit back......
Or, you can say you are baptized by the Forex market.
daddybearforex. com
  • #17,849
  • Dec 4, 2012 12:14pm Dec 4, 2012 12:14pm
What I try to say is take it easy and stay cool. EM is more important than MM.
daddybearforex. com
  • #17,850
  • Dec 4, 2012 12:15pm Dec 4, 2012 12:15pm
Quoting DaddyBear
What I try to say is take it easy and stay cool. EM is more important than MM.
Nobody can pick the tops and the bottoms every time.
daddybearforex. com
  • #17,851
  • Dec 4, 2012 12:16pm Dec 4, 2012 12:16pm
Quoting DaddyBear
Do you think GDP is good? Which way will it spike?
I expect a spike higher - a spike that will be faded and lead to complete reversal.
  • #17,852
  • Dec 4, 2012 12:18pm Dec 4, 2012 12:18pm
btw, I dunno if gdp numbers will be good or not - aren't we following the law of the market?^^

The spike will take place regardless and then cause aud to crash - again, regardless of the numbers.
  • #17,853
  • Dec 4, 2012 12:22pm Dec 4, 2012 12:22pm
In the meantime, I expect aud to be at 1.0460 in 4 hours from now and then bounce off that line.
  • #17,854
  • Dec 4, 2012 12:22pm Dec 4, 2012 12:22pm
Quoting DaddyBear
Nobody can pick the tops and the bottoms every time.
Market is in a very slow motion.
  • #17,855
  • Dec 4, 2012 12:46pm Dec 4, 2012 12:46pm
I just noticed something....we broke the up trend line on 11/29 and now we re-tested it today. We are headed down....Possible all the way to 1.0360....
Attached Image (click to enlarge)
Click to Enlarge Name: 12-4-2012 12-23-48 PM.png Size: 38 KB
Good luck and may the odds be ever in your favor!
  • #17,856
  • Dec 4, 2012 12:59pm Dec 4, 2012 12:59pm
Quoting dbutton1990
I just noticed something....we broke the up trend line on 11/29 and now we re-tested it today. We are headed down....Possible all the way to 1.0360....
Why 1.0360?
daddybearforex. com
  • #17,857
  • Dec 4, 2012 1:05pm Dec 4, 2012 1:05pm
Quoting DaddyBear
Why 1.0360?
It is most likely going to head down to the outer trend line drawn...somewhere around 1.0360 and then bounce.
Good luck and may the odds be ever in your favor!
  • #17,858
  • Dec 4, 2012 1:15pm Dec 4, 2012 1:15pm
I noticed the M5 Cloud began to bend over.

http://www.forexfactory.com/attachme...1&d=1354638021
daddybearforex. com
  • #17,859
  • Dec 4, 2012 1:16pm Dec 4, 2012 1:16pm
Quoting dbutton1990
It is most likely going to head down to the outer trend line drawn...somewhere around 1.0360 and then bounce.
Your rationales to see this happens?
daddybearforex. com
  • #17,860
  • Dec 4, 2012 1:19pm Dec 4, 2012 1:19pm
Quoting maximmm
In the meantime, I expect aud to be at 1.0460 in 4 hours from now and then bounce off that line.
Why 1.0460? Why bounce off that line?
daddybearforex. com
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