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Aussie Trading Room and Cartoons Gallery

  • #18,941
  • Edited 1:11pm Dec 9, 2012 12:48pm | Edited 1:11pm
This is my response to Tim's chart.

Quoting DaddyBear
Regarding your weekly view, I have to disagree based on the following rationales.

First, this has been a very popular and dominant view of the Forex websites. You are using that view as a base to add your opinions to it.

Second, as mentioned before, all long term TF wave formations are corrective patterns. Having said this, the wave C has completed at the end of wave 5. The Aussie has moved to another major downward corrective pattern after wave 5.

Third, unlike impulsive waves, a corrective pattern does not have a 5-wave triangles.

Fourth,...
Attached Image (click to enlarge)
Click to Enlarge Name: AUD-120712-W-3.JPG Size: 73 KB
daddybearforex. com
  • #18,942
  • Dec 9, 2012 12:49pm Dec 9, 2012 12:49pm
Quoting FXMindset
Aussie Daily
FXM, where have you been?
daddybearforex. com
  • #18,943
  • Dec 9, 2012 12:51pm Dec 9, 2012 12:51pm
Quoting IberoForex
I'm not, great trader! I say this basis, because I do not know when to take profits! This is what seems to me this week!
Really? Let me take your profits.
daddybearforex. com
  • #18,944
  • Dec 9, 2012 12:59pm Dec 9, 2012 12:59pm
Quoting DaddyBear
FXM, where have you been?
a bit busy sir lately,thanks for asking and hopes you are fine there with family sir
If there was easy money lying around,no one would be forcing it into your
  • #18,945
  • Dec 9, 2012 1:02pm Dec 9, 2012 1:02pm
Not yet! I still have 5 lots that bought 0.98000, but if it had shut the smarter 1.06, when I closed the other 5
  • #18,946
  • Dec 9, 2012 1:08pm Dec 9, 2012 1:08pm
Quoting IberoForex
Not yet! I still have 5 lots that bought 0.98000, but if it had shut the smarter 1.06, when I closed the other 5
Are you a long term investor?
daddybearforex. com
  • #18,947
  • Dec 9, 2012 1:12pm Dec 9, 2012 1:12pm
Quoting DaddyBear
Are you a long term investor?
Current Rate: 1.04923 up
daddybearforex. com
  • #18,948
  • Dec 9, 2012 1:13pm Dec 9, 2012 1:13pm
Quoting DaddyBear
Current Rate: 1.04923 up
This could be a good chance for the bears to fade the gap up. IMO
daddybearforex. com
  • #18,949
  • Dec 9, 2012 1:15pm Dec 9, 2012 1:15pm
Yes, but never directly traded in the market. Always through portfolio managers!
  • #18,950
  • Dec 9, 2012 1:16pm Dec 9, 2012 1:16pm
Quoting IberoForex
Not yet! I still have 5 lots that bought 0.98000, but if it had shut the smarter 1.06, when I closed the other 5
So you have kept your positions for such a long time without closing any one?
daddybearforex. com
  • #18,951
  • Dec 9, 2012 1:17pm Dec 9, 2012 1:17pm
Quoting IberoForex
Yes, but never directly traded in the market. Always through portfolio managers!
Your managers have got an easy job to trade once a year for you.
daddybearforex. com
  • #18,952
  • Dec 9, 2012 1:20pm Dec 9, 2012 1:20pm
I'm not in a hurry to get anywhere. If I can be anywhere ... I review on my portfolio twice a year
  • #18,953
  • Dec 9, 2012 1:24pm Dec 9, 2012 1:24pm
Yes I closed half the 1.06. But today I see that it should have closed all


Quoting DaddyBear
So you have kept your positions for such a long time without closing any one?
  • #18,954
  • Dec 9, 2012 1:43pm Dec 9, 2012 1:43pm
Quoting IberoForex
Not yet! I still have 5 lots that bought 0.98000, but if it had shut the smarter 1.06, when I closed the other 5
You are telling us, that for 25 weeks you have been riding up 800 pips, back down to 350 pips , back up to 800 again and back down to 350 again and to current price now and you have less than one year experience? DB any comments on this ?
The More You Learn, The More You Earn.....
  • #18,955
  • Dec 9, 2012 1:47pm Dec 9, 2012 1:47pm
Quoting IberoForex
Yes, but never directly traded in the market. Always through portfolio managers!
Are you sure you are still in these positions? I would think a manager would have been in and out on those 400 pip swings....
The More You Learn, The More You Earn.....
  • #18,956
  • Dec 9, 2012 1:52pm Dec 9, 2012 1:52pm
Quoting DaddyBear
So, you don't like this GREEN idea?


http://www.forexfactory.com/attachme...1&d=1355016240
It's missing some traders names.........
Attached Image (click to enlarge)
Click to Enlarge Name: ALIEN-WINGS all.jpg Size: 92 KB
The More You Learn, The More You Earn.....
  • #18,957
  • Dec 9, 2012 1:53pm Dec 9, 2012 1:53pm
Quoting forexalien
You are telling us, that for 25 weeks you have been riding up 800 pips, back down to 350 pips , back up to 800 again and back down to 350 again and to current price now and you have less than one year experience? DB any comments on this ?
He hired a manager to run his portfolio.
daddybearforex. com
  • #18,958
  • Dec 9, 2012 1:55pm Dec 9, 2012 1:55pm
Quoting forexalien
It's missing some traders names.........
You are wrong on your notes. MAXIM is an Ultra Bear and not supposed to be on your head.


http://www.forexfactory.com/attachme...1&d=1355082703
daddybearforex. com
  • #18,959
  • Dec 9, 2012 1:59pm Dec 9, 2012 1:59pm
http://i1356.photobucket.com/albums/...ps6d4ea82c.jpg


I'm still long this 1 from the consolidation looking for test of 89.00
It works till it doesn't
  • #18,960
  • Dec 9, 2012 2:21pm Dec 9, 2012 2:21pm
This daily chart as of 120712 showed a heavy Ichimoku Cloud right below current pattern. It appears that 1.0387-1.0366 zone is going to be a strong support in the days to come IMO.
Attached Image (click to enlarge)
Click to Enlarge Name: AUD-120712-D.JPG Size: 80 KB
daddybearforex. com
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