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Aussie Trading Room and Cartoons Gallery

  • #20,461
  • Dec 16, 2012 11:13pm Dec 16, 2012 11:13pm
Quoting forexalien
gotta fly..........
you told the world to buy, and you ran away with their money..
  • #20,462
  • Dec 16, 2012 11:15pm Dec 16, 2012 11:15pm
Quoting HelloOz
im guessing.. otherwise spread will be 0.8pip
I think IG has changed its spread for good. It's a trade off.
daddybearforex. com
  • #20,463
  • Dec 16, 2012 11:15pm Dec 16, 2012 11:15pm
Quoting TrendTrader
Hi,
Checking my ADX system....it is showing short for me so not sure we get a run up as some suggest right now.
Also on sunday eve, i would rather wait for London open for "clear" direction the guess what bigger money will
do.
BTW... 30 lots with no SL is no big deal...if u trade to get a certain % of account...i know big money traders have
a certain % of their account as a SL rather than a fix number...

TT
i have a feeling we will see 1.052x before LO..
  • #20,464
  • Dec 16, 2012 11:16pm Dec 16, 2012 11:16pm
Quoting DaddyBear
I think IG has changed its spread for good. It's a trad off.

Currency Pair Spreads from AUD/USD 0.8 pips EUR/USD 0.8 pips USD/JPY 0.8 pips GBP/USD 1 pip EUR/GBP 1 pip
  • #20,465
  • Dec 16, 2012 11:18pm Dec 16, 2012 11:18pm
Quoting TrendTrader
Hi,
Checking my ADX system....it is showing short for me so not sure we get a run up as some suggest right now.
Also on sunday eve, i would rather wait for London open for "clear" direction the guess what bigger money will
do.
BTW... 30 lots with no SL is no big deal...if u trade to get a certain % of account...i know big money traders have
a certain % of their account as a SL rather than a fix number...

TT
It depends on which TF you are looking at.
daddybearforex. com
  • #20,466
  • Dec 16, 2012 11:19pm Dec 16, 2012 11:19pm
Quoting DaddyBear
It depends on which TF you are looking at.
Well we seem to be short term traders so we do not look to high of a tf.

TT
  • #20,467
  • Dec 16, 2012 11:23pm Dec 16, 2012 11:23pm
Quoting TrendTrader
Well we seem to be short term traders so we do not look to high of a tf.

TT
Lower TF ADX may change from Bear to Bull in a few moments and vice versa. So higher TF ADX is still important to watch.
daddybearforex. com
  • #20,468
  • Dec 16, 2012 11:25pm Dec 16, 2012 11:25pm
Quoting HelloOz
Currency Pair Spreads from AUD/USD 0.8 pips EUR/USD 0.8 pips USD/JPY 0.8 pips GBP/USD 1 pip EUR/GBP 1 pip
Pretty low spread.
  • #20,469
  • Dec 16, 2012 11:33pm Dec 16, 2012 11:33pm
Quoting FxLapozi
Pretty low spread.
IG is a very good UK broker.
daddybearforex. com
  • #20,470
  • Dec 16, 2012 11:35pm Dec 16, 2012 11:35pm
Quoting TrendTrader
Hi,
Checking my ADX system....it is showing short for me so not sure we get a run up as some suggest right now.
Also on sunday eve, i would rather wait for London open for "clear" direction the guess what bigger money will
do.
BTW... 30 lots with no SL is no big deal...if u trade to get a certain % of account...i know big money traders have
a certain % of their account as a SL rather than a fix number...

TT
I believe what you saw was on the money if you were a short term trader.
daddybearforex. com
  • #20,471
  • Dec 16, 2012 11:38pm Dec 16, 2012 11:38pm
Quoting DaddyBear
I believe what you saw was on the money if you were a short term trader.
I have changed my TF to M10, M30 and H2. This way I am one step ahead of the traders using M15, H1 and H4.
daddybearforex. com
  • #20,472
  • Dec 16, 2012 11:55pm Dec 16, 2012 11:55pm
I'm bullish, sorry to bust the bears balls. Although I am bullish I'm not in a trade at present
Attached Image (click to enlarge)
Click to Enlarge Name: fibb.png Size: 81 KB
In the days of old when sailors were bold, and seldom if ever contented.
  • #20,473
  • Dec 16, 2012 11:58pm Dec 16, 2012 11:58pm
Quoting DaddyBear
I have changed my TF to M10, M30 and H2. This way I am one step ahead of the traders using M15, H1 and H4.
Well i do not have those options on mt4 but have used tradestation in the past...
I personally use m30, h4, d1 in my system...
Also a side note...my system may show short or long...but that does not mean i trigger in that direction,
I use fibs to trigger trades as they are the quickest indicators out there.

TT
  • #20,474
  • Dec 17, 2012 12:01am Dec 17, 2012 12:01am
I trade the 6A futures for the aussie so the chart is a little different as it is futures pricing......

there is an uptrend line from October 5 to this current time and place....the price is currently trying to breach that trend line to the down side....that is 2 and a half month old trend line......lets see how it reacts....[/quote]



and BOOM!!!! goes the dynamite! dropping through trend line - as I watch my charts on the 6A futures I see support at 1.0446 then 1.0435.................then nothing till 1.0400
I don't trust any move - when you have profit...take it.
  • #20,475
  • Dec 17, 2012 12:04am Dec 17, 2012 12:04am
Guess the bears are back...
  • #20,476
  • Dec 17, 2012 12:04am Dec 17, 2012 12:04am
Quoting Faller
and BOOM!!!! goes the dynamite! dropping through trend line - as I watch my charts on the 6A futures I see support at 1.0446 then 1.0435.................then nothing till 1.0400
Faller, quoting futures prices means nothing to a forex trader. Can't you find a Furures forum somewhere?

I'm sure that those quotes are sell prices in the future, what is the buy price in the future, or have I got it assabout?
In the days of old when sailors were bold, and seldom if ever contented.
  • #20,477
  • Dec 17, 2012 12:05am Dec 17, 2012 12:05am
Quoting petehnm
Guess the bears are back...
and im starting to scratch my head..
alien played me well
  • #20,478
  • Dec 17, 2012 12:09am Dec 17, 2012 12:09am
Quoting HelloOz
and im starting to scratch my head..
alien played me well
He got us both...
  • #20,479
  • Dec 17, 2012 12:09am Dec 17, 2012 12:09am
Quoting HelloOz
and im starting to scratch my head..
alien played me well
http://1.bp.blogspot.com/-y0LUYqm5KX...money_bags.pngGuess ur few billions flew eh?
  • #20,480
  • Dec 17, 2012 12:10am Dec 17, 2012 12:10am
Quoting HelloOz
and im starting to scratch my head..
alien played me well
Hmm... that's my 50 billion short at work, buddy. Took a while for the orders to be processed.
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