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Aussie Trading Room and Cartoons Gallery

  • #18,261
  • Dec 5, 2012 6:55pm Dec 5, 2012 6:55pm
imho... it will touch 1.0400-1.038 before it can touch 1.0500... why? from 7/11/2011 till to day .aud/usd already 3 times fail to touch 1.0500.. just my 2cent
  • #18,262
  • Dec 5, 2012 7:01pm Dec 5, 2012 7:01pm
Quoting pt49
Maybe he has more confirmation than youmeandus.

In my opinion a bullish pinbar is an exceptional confirmation to back up whatever other criteria one has (whether they be fibs, stochs, RSI's or whatever).

I wouldn't trade a monthly pinbar on its own, I just don't have the patience to wait another 2 or 3 months to cash out... however, if I am looking to enter a daytrade and I see a bullish pinbar confirming on a higher timeframe, it will sway my decision greatly.
1 pinbar and you ignore other indicators including previous high and structure support..

im worried for you
  • #18,263
  • Dec 5, 2012 7:02pm Dec 5, 2012 7:02pm
Quoting HelloOz
make sure that the anchor is pulled up and rope is not tied to the bollard..
Hey, how can the ship leave without Captain DB?

http://www.forexfactory.com/attachme...1&d=1344924224
daddybearforex. com
  • #18,264
  • Dec 5, 2012 7:03pm Dec 5, 2012 7:03pm
Quoting DaddyBear
Hey, how can the ship leave without Captain DB?
Now i get it..
you are the one who refused to corporate !!

Causing 5hr delay !!!

Bad Captain Bad !!!
  • #18,265
  • Dec 5, 2012 7:05pm Dec 5, 2012 7:05pm
Quoting DaddyBear
Don't just short because you want to short. Try to be neutral at anytime.
It works till it doesn't
  • #18,266
  • Dec 5, 2012 7:10pm Dec 5, 2012 7:10pm
Quoting DaddyBear
Hey, how can the ship leave without Captain DB?

http://www.forexfactory.com/attachme...1&d=1344924224
About Time!
Good luck and may the odds be ever in your favor!
  • #18,267
  • Dec 5, 2012 7:11pm Dec 5, 2012 7:11pm
Quoting HelloOz
Now i get it..
you are the one who refused to corporate !!

Causing 5hr delay !!!

Bad Captain Bad !!!
Ready to go Oz?
Good luck and may the odds be ever in your favor!
  • #18,268
  • Dec 5, 2012 7:22pm Dec 5, 2012 7:22pm
Quoting dbutton1990
Ready to go Oz?
r u sinking?
  • #18,269
  • Dec 5, 2012 7:24pm Dec 5, 2012 7:24pm
Quoting HelloOz
1 pinbar and you ignore other indicators including previous high and structure support..
That's certainly not what I said... sheesh, now I'm worried for you. GET ON THAT FREAKIN SHIP!
In the days of old when sailors were bold, and seldom if ever contented.
  • #18,270
  • Dec 5, 2012 7:25pm Dec 5, 2012 7:25pm
Quoting pt49
That's certainly not what I said... sheesh, now I'm worried for you. GET ON THAT FREAKIN SHIP!
..................

  • #18,271
  • Dec 5, 2012 7:29pm Dec 5, 2012 7:29pm
http://3.bp.blogspot.com/-IyvHskk18U...rian+Snail.jpg
http://4.bp.blogspot.com/_Z12dEjLLhU...bikeone002.jpg
not euphoria follower
  • #18,272
  • Dec 5, 2012 7:48pm Dec 5, 2012 7:48pm
Quoting DaddyBear
You system looks good but why 30 pips range in H4? If you trade short term, 30 pips range may be too far from the real top.
It takes time to turn around a speeding train. you say your are a 100 pip sl bear, then it should not matter.
Attached Image
  • #18,273
  • Dec 5, 2012 7:51pm Dec 5, 2012 7:51pm
Quoting HelloOz
youre a pip machine.. or pip (pimp) magnet..
Only one of you.
  • #18,274
  • Dec 5, 2012 7:53pm Dec 5, 2012 7:53pm
Quoting DaddyBear
100% agree.
You have something new to learn then Daddy Bear....
  • #18,275
  • Dec 5, 2012 7:55pm Dec 5, 2012 7:55pm
Quoting HelloOz
5pips is really tight.
if it never touched means either you really found the bottom, or it bounce and you closed it quickly before it went down (or up) again
I find the bottom, then I let it prove it's self, then I enter the trade. no pips lost.
  • #18,276
  • Dec 5, 2012 8:00pm Dec 5, 2012 8:00pm
Quoting DaddyBear
100% agree.
What if the 4h is near a top, what if a 1h is topping, what if the 15m is topping, what if the 5m topped, what if the 1m topped and then retested but did not break the top, it continues lower from there? What if there is a no risk trade out there? Because there are no risk trades, most people don't spend the time to look for them. they are lost in fibs and R/S lines, Fear and greed takes over....
  • #18,277
  • Dec 5, 2012 8:03pm Dec 5, 2012 8:03pm
Quoting HelloOz
is it the bottom kerry??
This is Daddy Bears post..
  • #18,278
  • Dec 5, 2012 8:03pm Dec 5, 2012 8:03pm
A test of the bullish candle low on h4 is required before leaving the station. Please get comfortable.
Good luck and may the odds be ever in your favor!
  • #18,279
  • Dec 5, 2012 8:04pm Dec 5, 2012 8:04pm
Quoting DaddyBear
Okidoki.

hahaha what country are you from?
  • #18,280
  • Dec 5, 2012 8:05pm Dec 5, 2012 8:05pm
Quoting kerrydrake
What if the 4h is near a top, what if a 1h is topping, what if the 15m is topping, what if the 5m topped, what if the 1m topped and then retested but did not break the top, it continues lower from there? What if there is a no risk trade out there? Because there are no risk trades, most people don't spend the time to look for them. they are lost in fibs and R/S lines, Fear and greed takes over....
No risk is not possible once capital is committed there's always a risk of losing. Low risk is a different story but no risk impossible.
It works till it doesn't
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