Aussie Trading Room and Cartoons Gallery | Page 899 | 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

  • #17,961
  • Dec 4, 2012 11:09pm Dec 4, 2012 11:09pm
Quoting kerrydrake
Common home grown stuff, your stochastics, your rsi, your adx, some smoothing tools, MTF's , cycling tools, timing tools, momentum tools, you name it and i have to have it. Together as a package they tell me everything I need to know about trending, mixed markets to stay out of, scalping, swing trading, tops and bottoms. etc. Thanks for asking, sorry about my dry sence of humor, it does not show up in type.
My view about the selection of indicators is the fewer the better. I use custom designed indicators only.
daddybearforex. com
  • #17,962
  • Dec 4, 2012 11:09pm Dec 4, 2012 11:09pm
Quoting maximmm
This is the turn around Tuesday!! ... err... it's already Wednesday. Maybe you're right^^
this turtle is not moving..
  • #17,963
  • Dec 4, 2012 11:14pm Dec 4, 2012 11:14pm
Quoting maximmm
So, you are saying aud will go to 1.08 first based solely on your presupposition that the current levels are too low for banks to short aud? At least that's how it appears.
Maybe this will help you out, notice how fast & far the moves are off that level. It's not a coincidence. I don't doubt the A$ is topping out but it's still not there yet. I've said this before the big guys layer in to hind there hands from other big guys not no screw retailers they don't care abut us they need a large range to get into a position to avoid tipping there hand to other players not us(retailers) this also means they need a lot more room to profit from the trade cuz there not all in & all out. When your using the size they are you need a lot room for the trade to be profitable because you don't want to move the market prematurely & show your hand & risk getting hammered by a bigger player they also need the room to get all there size on. Big guys will buy & sell in a range to keep the others confused & buy them time to get all there size on. Look at a higher time frame you'll see there no confirmation of a top yet, your trying to be the first.

http://i1356.photobucket.com/albums/...psd9a8b291.jpg
It works till it doesn't
  • #17,964
  • Dec 4, 2012 11:16pm Dec 4, 2012 11:16pm
Quoting HelloOz
this turtle is not moving..
I would not be surprised if it were to plummet when no one expected it to - there would be no news releases, it would simply drop like a rock - it has done this before.

That might imply that we may have to wait for that for a week or so^^
  • #17,965
  • Edited Dec 5, 2012 9:30am Dec 4, 2012 11:19pm | Edited Dec 5, 2012 9:30am
Quoting maximmm
So, you are saying aud will go to 1.08 first based solely on your presupposition that the current levels are too low for banks to short aud? At least that's how it appears.
Retail Forex traders are like hyenas eating lions' leftovers. Hyenas don't care whether the lions eat from the bottom up or from the top down. They only care if there are meat left.
daddybearforex. com
  • #17,966
  • Dec 4, 2012 11:23pm Dec 4, 2012 11:23pm
Quoting DaddyBear
Retail Forex traders are like hyenas eating lions leftovers.
Err... I think this is a completely wrong analogy given that 95% of retail traders get eaten by the lions.

Unless you are referring to the few surviving hyenas that are in fact eating the leftovers of other hyenas that have fallen prey to the lions.
  • #17,967
  • Dec 4, 2012 11:26pm Dec 4, 2012 11:26pm
Quoting DaddyBear
Retail Forex traders are like hyenas eating lions leftovers. Hyenas don't care whether the lions eat from the bottom up or from the top down. They only care if there are meat left.
Quoting maximmm
Err... I think this is a completely wrong analogy given that 95% of retail traders get eaten by the lions.
Lions = Big Banks
Hyenas = 5% Succesful Retail Traders
Dead Carcass being eaten = Retail traders/Institutions that are not successful
  • #17,968
  • Dec 4, 2012 11:27pm Dec 4, 2012 11:27pm
Quoting maximmm
Err... I think this is a completely wrong analogy given that 95% of retail traders get eaten by the lions.
Lions don't like eating hyenas because they are smell. As a hyenas hunting in the Forex prairie, I really don't care how lions thinks. The goal is to steal a piece of meat from lions' mouths.
daddybearforex. com
  • #17,969
  • Dec 4, 2012 11:29pm Dec 4, 2012 11:29pm
Quoting DaddyBear
Retail Forex traders are like hyenas eating lions leftovers. Hyenas don't care whether the lions eat from the bottom up or from the top down. They only care if there are meat left.


To many retailers have this idea in there head there's some big conspiracy theory the big guys are out to get them. Get that nonsense out of your head its all number mainly R:R nothing more. & yes maximmm 3% is a very expensive price to pay for a little over a 600 pip range especially when you at least 150 pips in each direction to get your position on & off. Lets not forget all there other expenses.
It works till it doesn't
  • #17,970
  • Dec 4, 2012 11:32pm Dec 4, 2012 11:32pm
Quoting DaEdge


To many retailers have this idea in there head there's some big conspiracy theory the big guys are out to get them. Get that nonsense out of your head its all number mainly R:R nothing more. & yes maximmm 3% is a very expensive price to pay for a little over a 600 pip range especially when you at least 150 pips in each direction to get your position on & off. Lets not forget all there other expenses.
Maybe not in the forex world, but i cannot say the same for shares or stock market.
  • #17,971
  • Dec 4, 2012 11:32pm Dec 4, 2012 11:32pm
Quoting DaddyBear
Lions don't like eating hyenas because they are smell. As a hyenas hunting in the Forex prairie, I really don't care how lions thinks.
Lions only hunt animals that are fat or travel in packs [figuratively speaking]. They don't hunt the lone hyenas cause they are too small and don't fill their belly.
  • #17,972
  • Dec 4, 2012 11:32pm Dec 4, 2012 11:32pm
Quoting 2+2=4ex
Lions = Big Banks
Hyenas = 5% Succesful Retail Traders
Dead Carcass being eaten = Retail traders/Institutions that are not successful
2+2=4ex, you must be a lion spying in this forum.
daddybearforex. com
  • #17,973
  • Dec 4, 2012 11:35pm Dec 4, 2012 11:35pm
Quoting DaddyBear
2+2=4ex, you must be a lion spying in this forum.
I'm only a hyena.
  • #17,974
  • Dec 4, 2012 11:36pm Dec 4, 2012 11:36pm
Quoting 2+2=4ex
I'm only a hyena.
Then, you must be one of that 5%.
daddybearforex. com
  • #17,975
  • Dec 4, 2012 11:37pm Dec 4, 2012 11:37pm
Quoting DaddyBear
Lions don't like eating hyenas because they are smell. As a hyenas hunting in the Forex prairie, I really don't care how lions thinks. The goal is to steal a piece of meat from lions' mouths.
http://suptg.thisisnotatrueending.co...8286353080.jpg
  • #17,976
  • Dec 4, 2012 11:38pm Dec 4, 2012 11:38pm
Quoting maximmm
Err... I think this is a completely wrong analogy given that 95% of retail traders get eaten by the lions.

Unless you are referring to the few surviving hyenas that are in fact eating the leftovers of other hyenas that have fallen prey to the lions.
The majority of retailers fail because they are over leveraged & under funded, same with a lot of hedge funds. Trying to pick tops & bottoms will blow you out no matter what size you are. Hint hint MF Global. Corzine was right on his idea & trade but just to early because he was looking to hit a grand slam & prove he knew where the top was so he over leveraged himself. He could have easily made a fortune & been written about in history books for being one of the most successful traders ever, instead he decided to be a cowboy & try find the top. I'm sure you know how the story finishes.
It works till it doesn't
  • #17,977
  • Dec 4, 2012 11:39pm Dec 4, 2012 11:39pm
Quoting HelloOz
http://suptg.thisisnotatrueending.co...8286353080.jpg
OZ, you must be one of those birds. I pray for ya!
daddybearforex. com
  • #17,978
  • Dec 4, 2012 11:43pm Dec 4, 2012 11:43pm
Quoting maximmm
Err... I think this is a completely wrong analogy given that 95% of retail traders get eaten by the lions.

Unless you are referring to the few surviving hyenas that are in fact eating the leftovers of other hyenas that have fallen prey to the lions.
One more thing its not 95% that fail is more like 70/75% this is true on the institutional level as well.
It works till it doesn't
  • #17,979
  • Dec 4, 2012 11:45pm Dec 4, 2012 11:45pm
Quoting DaddyBear
OZ, you must be one of those birds. I pray for ya!
im the one on the top.

See, i am a fair guy, i gave the croc some droppings in return.
  • #17,980
  • Dec 4, 2012 11:52pm Dec 4, 2012 11:52pm
what do we have in store today/tonight,
US PMI and employment change.

tomorrow we have AU unemployment rate
US Unemployment Claim

Friday AU Trade Balance
US Unemployment Rate

hmmm... bots will go haywire.
10 traders viewing now