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Aussie Trading Room and Cartoons Gallery

  • #20,881
  • Dec 18, 2012 5:00pm Dec 18, 2012 5:00pm
Quoting surgeon
I use my ema, stochastics and RSI, seeing how they match-up on all the relevant time-frames. I'm still learning the ropes on candle stick patterns, and hoping to explore more.
EMA is a lagging indicator IMO.
daddybearforex. com
  • #20,882
  • Dec 18, 2012 5:01pm Dec 18, 2012 5:01pm
Quoting surgeon
I use fibonacci for support/resistance levels.
i use fib for retracement not s/r
  • #20,883
  • Dec 18, 2012 5:04pm Dec 18, 2012 5:04pm
Quoting forexalien
No need to drop out , DB banters with everyone.....He will turn you around, shake you upside down and turn you around again to see what you are made of......
made of soft drinks,
becareful when you open me.
SURPRISE !!
  • #20,884
  • Dec 18, 2012 5:04pm Dec 18, 2012 5:04pm
Quoting DaddyBear
EMA is a lagging indicator IMO.
These are important indicators IMO.

Don't go against the grain.
Patience is a virtue.
No greed and no fear.
daddybearforex. com
  • #20,885
  • Dec 18, 2012 5:07pm Dec 18, 2012 5:07pm
Recent PA is boring at best. But, tonight's PA may be exciting at least.
daddybearforex. com
  • #20,886
  • Dec 18, 2012 5:08pm Dec 18, 2012 5:08pm
Time for a new poll?
Play the players, not the cards.
  • #20,887
  • Dec 18, 2012 5:44pm Dec 18, 2012 5:44pm
Quoting HelloOz
i use fib for retracement not s/r
Semantics. IMO. Aren't support/resistance levels a means to anticipate retracements?
I see Beasts. I drop my scalpel and beckon to theatre nurse: "Charts!&
RubiconFund Return Today: na
  • #20,888
  • Dec 18, 2012 5:55pm Dec 18, 2012 5:55pm
Quoting GnarlyPips
Time for a new poll?
You will need to give your idea to DB for a new poll.....
The More You Learn, The More You Earn.....
  • #20,889
  • Dec 18, 2012 5:58pm Dec 18, 2012 5:58pm
Quoting DaddyBear
These are important indicators IMO.

Don't go against the grain. < EMA's help with this......
Patience is a virtue.
No greed and no fear.
Ema's also work when PA is crossing over them to confirm direction change....
The More You Learn, The More You Earn.....
  • #20,890
  • Dec 18, 2012 6:02pm Dec 18, 2012 6:02pm
Quoting surgeon
Semantics. IMO. Aren't support/resistance levels a means to anticipate retracements?
they are 2 different things IMO.

this is retracement
http://www.simple-stock-trading.com/...etracement.jpg

this is s/r
http://www.rightline.net/education/s...resistance.gif
  • #20,891
  • Dec 18, 2012 6:39pm Dec 18, 2012 6:39pm
Quoting HelloOz
they are 2 different things IMO.

this is retracement
http://www.simple-stock-trading.com/...etracement.jpg

this is s/r
http://www.rightline.net/education/s...resistance.gif
Yes, but I've come to realize that s/r lines that one finds by back-charting, didn't just come about arbitrarily. They are old fib levels from a range of TF that folks had charted in time past or even future ones created using fib extensions. The self-fulfilling prophecy inherent in these indicators is what plays-out when folks casually back-chart to find them with horizontal lines joining peaks or valleys.
I see Beasts. I drop my scalpel and beckon to theatre nurse: "Charts!&
RubiconFund Return Today: na
  • #20,892
  • Dec 18, 2012 6:50pm Dec 18, 2012 6:50pm
Quoting surgeon
Yes, but I've come to realize that s/r lines that one finds by back-charting, didn't just come about arbitrarily. They are old fib levels from a range of TF that folks had charted in time past or even future ones created using fib extensions. The self-fulfilling prophecy inherent in these indicators is what plays-out when folks casually back-chart to find them with horizontal lines joining peaks or valleys.
Agreed, there are s/r that arise arbitrarily when one draws trend-lines or observe channels.

Pivot points. Can one not argue that they are indicator tools used for predicting retracements? Yet they work by way of creating varying levels of s/r, don't they?
I see Beasts. I drop my scalpel and beckon to theatre nurse: "Charts!&
RubiconFund Return Today: na
  • #20,893
  • Dec 18, 2012 7:32pm Dec 18, 2012 7:32pm
Quoting GnarlyPips
Time for a new poll?
What poll are you looking for?
daddybearforex. com
  • #20,894
  • Dec 18, 2012 7:44pm Dec 18, 2012 7:44pm
Daddybear -

Can you see the correlation now between the kiwi and the aussie -

I know this is aussie trading only - but kiwi is just a stone throw away.....I have been short kiwi since 6pm futures open - aussie and kiwi moving together.....

there are many things to consider when you trade the aussie......you need to look at more then just an aussie chart.

Good trading to everyone - plus 40 pips on kiwi short right now - could be a runner....
I don't trust any move - when you have profit...take it.
  • #20,895
  • Dec 18, 2012 8:21pm Dec 18, 2012 8:21pm
If this is DB's EWP chart, and a 5 wave drive is a trend and a 3 wave drive is retracement.
IMO this is a retracement........
http://www.forexfactory.com/attachme...1&d=1355347241
The More You Learn, The More You Earn.....
  • #20,896
  • Dec 18, 2012 8:26pm Dec 18, 2012 8:26pm
Quoting Faller
Daddybear -

Can you see the correlation now between the kiwi and the aussie -

I know this is aussie trading only - but kiwi is just a stone throw away.....I have been short kiwi since 6pm futures open - aussie and kiwi moving together.....

there are many things to consider when you trade the aussie......you need to look at more then just an aussie chart.

Good trading to everyone - plus 40 pips on kiwi short right now - could be a runner....
Some people in this forum also trade Kiwi, you will find them easily.
daddybearforex. com
  • #20,897
  • Dec 18, 2012 8:28pm Dec 18, 2012 8:28pm
Quoting forexalien
If this is DB's EWP chart, and a 5 wave drive is a trend and a 3 wave drive is retracement.
IMO this is a retracement........
http://www.forexfactory.com/attachme...1&d=1355347241
What is "This"?
daddybearforex. com
  • #20,898
  • Dec 18, 2012 8:48pm Dec 18, 2012 8:48pm
[quote=DaddyBear;6306025]Does fxalien like women? Both it and the woman have something in common - wearing a tiny underwear.

Sure I Love Women......What Humans don't know, is we Aliens are human, and brought the human race to this planet 10's of ,1000's of years ago, because our planet that we lived on was about to be destroyed by our sun going super nova. So to save our human race / your human race , we transported the human race here to seed this planet. It was the closest planet to get to, of 8 light years away.......I am from your future 3000 years from now. Look in your history records and you will find that every civilization around the world , before boats were created to cross the seas, has on record, human looking suited humanoids and space craft.......That is why it is in your genes.......
Attached Image (click to enlarge)
Click to Enlarge Name: alien_romance_2_by_miller_by_conceptsbymiller-d3bkli7.jpg Size: 291 KB
Attached Images
The More You Learn, The More You Earn.....
  • #20,899
  • Dec 18, 2012 8:52pm Dec 18, 2012 8:52pm
No. The one on the left was released by Mattel toy company and the 2 on the right are weather balloons (smirk).
  • #20,900
  • Dec 18, 2012 8:53pm Dec 18, 2012 8:53pm
[quote=forexalien;6306690]
Quoting DaddyBear
Does fxalien like women? Both it and the woman have something in common - wearing a tiny underwear.

Sure I Love Women......What Humans don't know, is we Aliens are human, and brought the human race to this planet 10's of ,1000's of years ago, because our planet that we lived on was about to be destroyed by our sun going super nova. So to save our human race / your human race , we transported the human race here to seed this planet. It was the closest planet to get to, of 8 light years away.......I am from your future...
why do we look so much more attractive than u?
are you saying we will evolve to be like you in 3000 years?
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