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Aussie Trading Room and Cartoons Gallery

  • #18,521
  • Dec 6, 2012 4:35pm Dec 6, 2012 4:35pm
Quoting DaddyBear
DMI is a part of ADX.
what about BMX and BMW?
  • #18,522
  • Dec 6, 2012 4:36pm Dec 6, 2012 4:36pm
Quoting dbutton1990
Could this be an evening star?
No, I wouldn't think it is an evening star. Just a bearish Doji or candle before the drop.
daddybearforex. com
  • #18,523
  • Dec 6, 2012 4:36pm Dec 6, 2012 4:36pm
Quoting DaddyBear
Which EWP book do you use?
The MATRIX version. U?^^
  • #18,524
  • Dec 6, 2012 4:38pm Dec 6, 2012 4:38pm
Quoting HelloOz
what about BMX and BMW?
.....

http://www.forexfactory.com/attachme...1&d=1354668254
daddybearforex. com
  • #18,525
  • Dec 6, 2012 4:39pm Dec 6, 2012 4:39pm
Quoting dbutton1990
Could this be an evening star?
I think we are headed down...
Attached Image (click to enlarge)
Click to Enlarge Name: 12-6-2012 4-36-19 PM.png Size: 34 KB
Good luck and may the odds be ever in your favor!
  • #18,526
  • Dec 6, 2012 4:39pm Dec 6, 2012 4:39pm
Quoting maximmm
The MATRIX version. U?^^
Now I know why you think EWP differently ......
daddybearforex. com
  • #18,527
  • Dec 6, 2012 4:46pm Dec 6, 2012 4:46pm
Quoting DaddyBear
Now I know why you think EWP differently ......
for him.. ewp is
electromagnetic wave protocol?
  • #18,528
  • Dec 6, 2012 4:52pm Dec 6, 2012 4:52pm
Quoting HelloOz
for him.. ewp is
electromagnetic wave protocol?
EWP = elusive wave propulsion

PS. Matrix!
  • #18,529
  • Dec 6, 2012 4:56pm Dec 6, 2012 4:56pm
DB,
your 1.055 - 060 wont come..
sorry..
  • #18,530
  • Dec 6, 2012 4:59pm Dec 6, 2012 4:59pm
aud slipping
Sometimes it's better to be wrong,to learn..
  • #18,531
  • Dec 6, 2012 5:00pm Dec 6, 2012 5:00pm
Quoting HelloOz
DB,
your 1.055 - 060 wont come..
sorry..
My prediction is that we will finish the retracement tonight, and then it will skyrocket during the NFP tomorrow.
Good luck and may the odds be ever in your favor!
  • #18,532
  • Dec 6, 2012 5:02pm Dec 6, 2012 5:02pm
if this is a retraction, 1.0460 should serve as the rallying point.
  • #18,533
  • Dec 6, 2012 5:04pm Dec 6, 2012 5:04pm
Quoting maximmm
if this is a retraction, 1.0460 should serve as the rallying point.
trade balance is expecting to be 2.2 will go down big time
  • #18,534
  • Dec 6, 2012 5:05pm Dec 6, 2012 5:05pm
Quoting HelloOz
DB,
your 1.055 - 060 wont come..
sorry..
Why? Your rationales?
daddybearforex. com
  • #18,535
  • Dec 6, 2012 5:12pm Dec 6, 2012 5:12pm
Quoting DaddyBear
Why? Your rationales?
aud broke triple top last night.
and as you know it has to retest previous high/resistance-become-support level
it failed and we are now at 047....

i might be wrong..
but i like to hear your comments/thoughts.
  • #18,536
  • Dec 6, 2012 5:17pm Dec 6, 2012 5:17pm
Quoting HelloOz
aud broke triple top last night.
and as you know it has to retest previous high/resistance-become-support level
it failed and we are now at 047....

i might be wrong..
but i like to hear your comments/thoughts.
I posted my thoughts one hour ago.
daddybearforex. com
  • #18,537
  • Dec 6, 2012 5:19pm Dec 6, 2012 5:19pm
Quoting HelloOz
aud broke triple top last night.
and as you know it has to retest previous high/resistance-become-support level
it failed and we are now at 047....

i might be wrong..
but i like to hear your comments/thoughts.
possible . it can just be a lower high. since been ranging for days and weeks and months btw 1.0150-1.0490. went up to touch 1.0515 area to be stronger to come down ye. see weekly closing for an idea. friday can be unpredictable too. though it dont seems like a reversal pattern from a top.
  • #18,538
  • Dec 6, 2012 5:23pm Dec 6, 2012 5:23pm
Quoting DaddyBear
IMO, a strong move usually will be followed by a retest of the current high/low. Although this is not a 100% case, the probability is still high.

If this is the way the market works, I'd say upside is more likely. Also, based on EWP, a final thrust is in the cards. If market paths were preset as I always believe, and my wave reading is correct as well, then this would support the first thought.
gotcha !
  • #18,539
  • Dec 6, 2012 5:38pm Dec 6, 2012 5:38pm
"Australian shares were higher on Friday, tracking overnight gains on Wall Street while Asian stock markets look set for a mixed open as investors may be cautious ahead of the key U.S. non-farm payrolls report later in the day. -CNBC-

No mention of trade balance.
daddybearforex. com
  • #18,540
  • Dec 6, 2012 5:51pm Dec 6, 2012 5:51pm
Quoting DaddyBear
"Australian shares were higher on Friday, tracking overnight gains on Wall Street while Asian stock markets look set for a mixed open as investors may be cautious ahead of the key U.S. non-farm payrolls report later in the day. -CNBC-

No mention of trade balance.
do you have any position open?
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