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Aussie Trading Room and Cartoons Gallery

  • #19,441
  • Dec 11, 2012 2:01pm Dec 11, 2012 2:01pm
Quoting DaddyBear
This is the daily chart as of 12/10/12. Because the red cloud became a single line only, a big move after this retracement is highly probable. IMO
This yellow indicator X is pretty reliable.

http://www.forexfactory.com/attachme...1&d=1355180468
daddybearforex. com
  • #19,442
  • Dec 11, 2012 2:05pm Dec 11, 2012 2:05pm
Quoting DaddyBear
This yellow indicator X is pretty reliable.
After 1700 EST, I will review the updated daily System II to see what the Aussie is doing.
daddybearforex. com
  • #19,443
  • Dec 11, 2012 2:09pm Dec 11, 2012 2:09pm
that rally to 1.0533 confirmed cypher pattern A-B-C
adding my shorts at that area..
target is 1.0366, this probably hit sometime next week as i mentioned to Igyu5an.



Quoting DaddyBear
This yellow indicator X is pretty reliable.

http://www.forexfactory.com/attachme...1&d=1355180468
  • #19,444
  • Dec 11, 2012 2:11pm Dec 11, 2012 2:11pm
Quoting HelloOz
that rally to 1.0533 confirmed cypher pattern A-B-C
adding my shorts at that area..
target is 1.0366, this probably hit sometime next week as i mentioned to Igyu5an.
Target Date: 21 - Dec - 2012 ...

Spooky Indeed !!
  • #19,445
  • Dec 11, 2012 2:16pm Dec 11, 2012 2:16pm
Quoting HelloOz
that rally to 1.0533 confirmed cypher pattern A-B-C
adding my shorts at that area..
target is 1.0366, this probably hit sometime next week as i mentioned to Igyu5an.
For 9 trading days, you are looking for 170 pips drop. Isn't this taking too long. There must be some other scenarios before that day if it does drop to 1.0366.
daddybearforex. com
  • #19,446
  • Dec 11, 2012 2:18pm Dec 11, 2012 2:18pm
Quoting HelloOz
Target Date: 21 - Dec - 2012 ...

Spooky Indeed !!
Do you believe this?
daddybearforex. com
  • #19,447
  • Dec 11, 2012 2:20pm Dec 11, 2012 2:20pm
Quoting HelloOz
that rally to 1.0533 confirmed cypher pattern A-B-C
adding my shorts at that area..
target is 1.0366, this probably hit sometime next week as i mentioned to Igyu5an.
Do you think 1.0533 is the top for next few months or years?
daddybearforex. com
  • #19,448
  • Dec 11, 2012 2:24pm Dec 11, 2012 2:24pm
Reid: 'Fiscal Cliff' Deal Unlikely Before Christmas (http://www.cnbc.com/id/100299561)

This could be the headwind now.
daddybearforex. com
  • #19,449
  • Dec 11, 2012 2:26pm Dec 11, 2012 2:26pm
Quoting DaddyBear
......
Question now is how far the retracement is.

http://www.forexfactory.com/attachme...1&d=1355255644
daddybearforex. com
  • #19,450
  • Dec 11, 2012 2:30pm Dec 11, 2012 2:30pm
Quoting HelloOz
that rally to 1.0533 confirmed cypher pattern A-B-C
adding my shorts at that area..
target is 1.0366, this probably hit sometime next week as i mentioned to Igyu5an.
Do you have a link to the cypher pattern A-B-C?
daddybearforex. com
  • #19,451
  • Dec 11, 2012 2:31pm Dec 11, 2012 2:31pm
Quoting DaddyBear
Do you think 1.0533 is the top for next few months or years?
Wouldnt it be nice if we know the top?

I still have a bearish harmonic pattern not complete.
1.056 is the end point. We were 20pips short.

But i think its the top for now
  • #19,452
  • Dec 11, 2012 2:33pm Dec 11, 2012 2:33pm
Quoting HelloOz
Wouldnt it be nice if we know the top?

I still have a bearish harmonic pattern not complete.
1.056 is the end point. We were 20pips short.

But i think its the top for now
My question was about your target of 1.0366. How do we get there? A free fall?
daddybearforex. com
  • #19,453
  • Dec 11, 2012 2:34pm Dec 11, 2012 2:34pm
Quoting DaddyBear
For 9 trading days, you are looking for 170 pips drop. Isn't this taking too long. There must be some other scenarios before that day if it does drop to 1.0366.
Tonight could speed things up.
But that was how long it took to complete a-b (8 days) .. then b-c (8 days)
  • #19,454
  • Dec 11, 2012 2:35pm Dec 11, 2012 2:35pm
Quoting HelloOz
Tonight could speed things up.
But that was how long it took to complete a-b (8 days) .. then b-c (8 days)
Why tonight? Which direction?
daddybearforex. com
  • #19,455
  • Dec 11, 2012 2:36pm Dec 11, 2012 2:36pm
Quoting fxstir
Where the central banks want it to head.

I believe they are doing their best to kill the usd. I mean really, if you think about it there is no way on earth the US can pay for the sins of the politicians, other than do what they always have - devalue the dollar and cause inflation. The Consumer Price Index (CPI) is a joke, now that they removed transportation (energy) and food costs. In fact, I vote that they replace the CPI index with the new and much more accurate inflation indicator - the DOW. Along the way they will blow out everyone's...
Targets for shorts?
  • #19,456
  • Dec 11, 2012 2:36pm Dec 11, 2012 2:36pm
Quoting DaddyBear
Do you have a link to the cypher pattern A-B-C?
No but its similar to shark pattern
A-B is 61.8fib
A-C is 127fib
  • #19,457
  • Dec 11, 2012 2:40pm Dec 11, 2012 2:40pm
Quoting DaddyBear
My question was about your target of 1.0366. How do we get there? A free fall?
Steady fall.
Some retracement up but overall trend is down
Im on the road. Will post more later
  • #19,458
  • Dec 11, 2012 2:45pm Dec 11, 2012 2:45pm
Quoting HelloOz
No but its similar to shark pattern
A-B is 61.8fib
A-C is 127fib
Sorry,
C is 127fib from X-A
  • #19,459
  • Dec 11, 2012 2:47pm Dec 11, 2012 2:47pm
Quoting HelloOz
No but its similar to shark pattern
A-B is 61.8fib
A-C is 127fib
B is 61.8 from X-A
  • #19,460
  • Dec 11, 2012 2:51pm Dec 11, 2012 2:51pm
waiting for reversal - maybe next year...^^

Tomorrow should be quite volatile
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