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Aussie Trading Room and Cartoons Gallery

  • #21,641
  • Dec 27, 2012 8:12am Dec 27, 2012 8:12am
Current M5 Ichimoku Clouds is above the candle with a bottom at 1.0377. This is the lower resistance level.
daddybearforex. com
  • #21,642
  • Dec 27, 2012 8:14am Dec 27, 2012 8:14am
Quoting DaddyBear
Current M5 Ichimoku Clouds is above the candle with a bottom at 1.0377. This is the lower resistance level.
Using this cloud bottom to set SL is a better way than using R/S IMO.
daddybearforex. com
  • #21,643
  • Dec 27, 2012 8:17am Dec 27, 2012 8:17am
The ADX of H1 and H4 are not aligned. This creates a confusion of the Aussie's next moves. Scalping may be safer at this point.
daddybearforex. com
  • #21,644
  • Edited 9:20am Dec 27, 2012 8:49am | Edited 9:20am
Going north??? Nice bounce off the pivot and 68% lvl on the 15m chart.

edit: guess not...
  • #21,645
  • Edited 11:54am Dec 27, 2012 9:33am | Edited 11:54am
Quoting Nate04
Going north??? Nice bounce off the pivot and 68% lvl on the 15m chart.

edit: guess not...
Looks like 76.40% is the level selected by the market.

edit: guess not...
daddybearforex. com
  • #21,646
  • Edited 10:13am Dec 27, 2012 9:52am | Edited 10:13am
Washington has resumed the Cliff talk. I expect some progress in these two days. If there is one even very tiny hits the wire, the Aussie could jump above 1.0400 in no time. IMO
daddybearforex. com
  • #21,647
  • Dec 27, 2012 11:57am Dec 27, 2012 11:57am
These two day's PA may have confused many. In fact, since yesterday morning, it has been the foundation building for a rebound. IMO
Attached Image (click to enlarge)
Click to Enlarge Name: FOUNDATION.JPG Size: 98 KB
daddybearforex. com
  • #21,648
  • Dec 27, 2012 12:00pm Dec 27, 2012 12:00pm
Quoting DaddyBear
These two day's PA may have confused many. In fact, since yesterday morning, it has been the foundation building for a rebound. IMO
The foundation has been tested, retested and retested again. The inspector has approved the work. IMO
Attached Image (click to enlarge)
Click to Enlarge Name: FOUNDATION-2.JPG Size: 63 KB
daddybearforex. com
  • #21,649
  • Dec 27, 2012 12:02pm Dec 27, 2012 12:02pm
Quoting DaddyBear
The foundation has been tested, retested and retested again. The inspector has approved the work.
This foundation ain't gonna work, we are going over the fiscal cliff from what Washington is saying.
  • #21,650
  • Dec 27, 2012 12:07pm Dec 27, 2012 12:07pm
Quoting wolve
This foundation ain't gonna work, we are going over the fiscal cliff from what Washington is saying.
When everyone is nerves about the Cliff, I'd say a decent rebound [not reversal] is underway.
daddybearforex. com
  • #21,651
  • Dec 27, 2012 12:09pm Dec 27, 2012 12:09pm
Quoting DaddyBear
When everyone is nerves about the Cliff, I'd say a decent rebound [not reversal] is underway.
After putting money at the foundation floor, the Aussie took off and got 20 pips already. This is going to be the best trade after Christmas.
daddybearforex. com
  • #21,652
  • Dec 27, 2012 12:13pm Dec 27, 2012 12:13pm
Quoting DaddyBear
After putting money at the foundation floor, the Aussie took off and got 20 pips already. This is going to be the best trade after Christmas.
Dang it! Just came back from lunch and see the move I've been waiting for took place while I was gone!!!! My luck is in the toliet today! Maybe I had outta just wait til tomorrow.
  • #21,653
  • Dec 27, 2012 12:15pm Dec 27, 2012 12:15pm
Quoting Nate04
Dang it! Just came back from lunch and see the move I've been waiting for took place while I was gone!!!! My luck is in the toliet today! Maybe I had outta just wait til tomorrow.
This is only the beginning. More to come later.
daddybearforex. com
  • #21,654
  • Dec 27, 2012 12:17pm Dec 27, 2012 12:17pm
Quoting Nate04
Dang it! Just came back from lunch and see the move I've been waiting for took place while I was gone!!!! My luck is in the toliet today! Maybe I had outta just wait til tomorrow.
Don't regret what you have not got in your hands. There are always opportunities in the Forex market.
daddybearforex. com
  • #21,655
  • Dec 27, 2012 12:19pm Dec 27, 2012 12:19pm
It is not easy to be in sync with the Aussie, however, after only trading AUDUSD for a while, I am getting used to her behaviors.
daddybearforex. com
  • #21,656
  • Dec 27, 2012 12:22pm Dec 27, 2012 12:22pm
After dropping for 8 sessions consecutively, the accumulated energy has to be unwound. The unwinding process is the rebound.

http://www.forexfactory.com/attachme...1&d=1356304231
daddybearforex. com
  • #21,657
  • Dec 27, 2012 12:27pm Dec 27, 2012 12:27pm
From the daily chart, I see the first roadblock at 1.0394. It it is taken out, the Aussie will move over 1.0400 again.
daddybearforex. com
  • #21,658
  • Dec 27, 2012 12:30pm Dec 27, 2012 12:30pm
To be honest, I am expecting a so-so news from Washington in these two days. This news will prop up the Aussie to a much higher ground.
daddybearforex. com
  • #21,659
  • Dec 27, 2012 12:32pm Dec 27, 2012 12:32pm
After the market closes today, the new candle will be supported by a new green cloud.


http://www.forexfactory.com/attachme...1&d=1356616797
daddybearforex. com
  • #21,660
  • Dec 27, 2012 12:41pm Dec 27, 2012 12:41pm
Quoting DaddyBear
Don't regret what you have not got in your hands. There are always opportunities in the Forex market.
Oh, I know... I'm already over it. Weather I win, lose or in this case stay flat all day, I only let it bother me for a couple of minutes, and then move on to the next trade setup.
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