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  • #21,241
  • Dec 20, 2012 7:35pm Dec 20, 2012 7:35pm
Quoting forexalien
You do love your candles....
http://and.theylivedhappilyeverafter...boobcandle.jpg
  • #21,242
  • Dec 20, 2012 7:42pm Dec 20, 2012 7:42pm
Quoting RisingSun
Hello DaddyBear and all,

New here. Let me post my chart.

Akira

Yep, while a breach of 1.04 would be very bearish, there is a definite possibility of bounce at or prior to 1.04

Essentially, Aud is near a critical level - hard to say which way it will go. Lack of fiscal cliff resolution is bearish, but the knowledge that it more than likely to be resolved next week is bullish. I wouldn't be surprised if aud plunged or went higher.

At the same time - if my bearish view is to remain intact, aud has to end this month more or less on a negative note, with monthly candle showing inverse hammer - a full green candle (with aud at or above 1.06) would be pretty crappy for bears.
  • #21,243
  • Dec 20, 2012 7:43pm Dec 20, 2012 7:43pm
Quoting maximmm
wasn't someone here calling for another rally?!

Anyway, the key level for aud remains 1.04
a move below spells aud going towards 1.015
wasn't someone here calling for another rally?!
Are you talking about me?

Quoting DaddyBear
Take it easy, fxstir. Nothing will happen tomorrow. A big rally of Aussie is on the way.
http://www.forexfactory.com/attachme...8&d=1355193109
daddybearforex. com
  • #21,244
  • Dec 20, 2012 7:46pm Dec 20, 2012 7:46pm
Quoting RisingSun
Hello DaddyBear and all,

New here. Let me post my chart.

Akira
Love basketting < I see that, selling the aud against the usd and the cad.....
I like your profile photo even better........... As I love to fly also......
Attached Images
The More You Learn, The More You Earn.....
  • #21,245
  • Edited 8:10pm Dec 20, 2012 7:47pm | Edited 8:10pm
Quoting RisingSun
Hello DaddyBear and all,

New here. Let me post my chart.

Akira
Welcome aboard, RisingSun. What does your chart tell you? -DB-
daddybearforex. com
  • #21,246
  • Dec 20, 2012 7:55pm Dec 20, 2012 7:55pm
Quoting forexalien
Love basketting < I see that, selling the aud against the usd and the cad.....
I like your profile photo even better........... As I love to fly also......
I know you love to fly.......

http://www.forexfactory.com/attachme...1&d=1355016240
daddybearforex. com
  • #21,247
  • Dec 20, 2012 7:59pm Dec 20, 2012 7:59pm
Quoting forexalien
Food for thought, the Daily has come down 150 pips so far.........The Weekly has started a turn downward......The Monthly has a fast and slow stochastic cross going on , and it normally means a fast retreat to the downside. I am seeing this on multiple pairs giving the Impression of one Heck of a USD ralley next year and maybe beyond......... At this point in time ....I do not see the AUD returning to the 1.06 area........
Alien, you've been reading my mind again haven't you? Have you tried remote viewing?

Happy Trades,
fxstir
  • #21,248
  • Dec 20, 2012 8:13pm Dec 20, 2012 8:13pm
btw, if euraud is anything to go by, either euro will go down hard, or aud move higher.
  • #21,249
  • Dec 20, 2012 8:59pm Dec 20, 2012 8:59pm
Quoting DaddyBear
Welcome aboard, RisingSun. What does your chart tell you? -DB-
Thanks DB.

I am not good at reading the market - I often fail, so I simply try to trade the range high/low on reversal. Akira
Attached Image (click to enlarge)
Click to Enlarge Name: Noname__2012_12_21_3.png Size: 94 KB
  • #21,250
  • Dec 20, 2012 9:09pm Dec 20, 2012 9:09pm
Quoting forexalien
Love basketting < I see that, selling the aud against the usd and the cad.....
I like your profile photo even better........... As I love to fly also......
Thanks forexalien. That's the plane I went to solo couple of decades back ... Akira
  • #21,251
  • Dec 20, 2012 9:15pm Dec 20, 2012 9:15pm
Quoting maximmm
Yep, while a breach of 1.04 would be very bearish, there is a definite possibility of bounce at or prior to 1.04

Essentially, Aud is near a critical level - hard to say which way it will go. Lack of fiscal cliff resolution is bearish, but the knowledge that it more than likely to be resolved next week is bullish. I wouldn't be surprised if aud plunged or went higher.

At the same time - if my bearish view is to remain intact, aud has to end this month more or less on a negative note, with monthly candle showing inverse hammer - a full green...
Thanks for your overview mazimmm. I am a poor analyst of market and so try to trade technically. My reading of YEN always fails - perhaps too close to the currency physically Akira
  • #21,252
  • Dec 20, 2012 9:31pm Dec 20, 2012 9:31pm
Quoting RisingSun
Thanks DB.

I am not good at reading the market - I often fail, so I simply try to trade the range high/low on reversal. Akira
こんにちは, Akira.

What if the range is not horizontal?
Attached Image
daddybearforex. com
  • #21,253
  • Dec 20, 2012 9:36pm Dec 20, 2012 9:36pm
Quoting DaddyBear
こんにちは, Akira.

What if the range is not horizontal?
Akira, further observations of your chart.
Attached Image
daddybearforex. com
  • #21,254
  • Dec 20, 2012 9:43pm Dec 20, 2012 9:43pm
Quoting RisingSun
Thanks forexalien. That's the plane I went to solo couple of decades back ... Akira
Are you Instrument rated ?
Attached Image
The More You Learn, The More You Earn.....
  • #21,255
  • Dec 20, 2012 9:52pm Dec 20, 2012 9:52pm
Quoting fxstir
Alien, you've been reading my mind again haven't you? Have you tried remote viewing?

Happy Trades,
fxstir
http://www.forexfactory.com/attachme...1&d=1355965151
This does not look like Mind Reading........
The More You Learn, The More You Earn.....
  • #21,256
  • Dec 20, 2012 9:52pm Dec 20, 2012 9:52pm
Quoting RisingSun
Thanks for your overview mazimmm. I am a poor analyst of market and so try to trade technically. My reading of YEN always fails - perhaps too close to the currency physically Akira
Yen has always been a mystery^^ Still, I think yen will fall in the long term, but near term, I suspect we'll see a fairly big retraction - 50% or so. Then again, to see any sort of reversal in yen pairs, it would have been nice to see a nice long red candle.
  • #21,257
  • Dec 20, 2012 9:55pm Dec 20, 2012 9:55pm
Quoting DaddyBear
Akira, further observations of your chart.
You really shouldn't have bear in your nickname^^

This channel you've drawn will be broken, though I suspect it will be broken only next week.
  • #21,258
  • Dec 20, 2012 9:56pm Dec 20, 2012 9:56pm
Quoting DaddyBear
Akira, further observations of your chart.
DB is always a good daddy taking care of our fledglings........
The More You Learn, The More You Earn.....
  • #21,259
  • Dec 20, 2012 10:01pm Dec 20, 2012 10:01pm
Quoting maximmm
Yen has always been a mystery^^ Still, I think yen will fall in the long term, but near term, I suspect we'll see a fairly big retraction - 50% or so. Then again, to see any sort of reversal in yen pairs, it would have been nice to see a nice long red candle.
Yes the daily is tightly wound.......but the weekly has room to go yet....
Attached Image (click to enlarge)
Click to Enlarge Name: jpy daily.JPG Size: 71 KB
The More You Learn, The More You Earn.....
  • #21,260
  • Dec 20, 2012 10:57pm Dec 20, 2012 10:57pm
3rd runner up for Miss Universe 2012 Miss Aussie.
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