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  • #21,681
  • Dec 27, 2012 6:37pm Dec 27, 2012 6:37pm
Quoting DaddyBear
Before that happens, a run-up is still highly likely. IIMO
Yes possibly but not likely imo...this would ruin the bears plans
I think we see 1.0320-30 area before we test any higher than we have today....
This would finish the m30 bear momentum....possibly next stop would be 1.0315, but i think the AUSSIE has some special
love for the 1.0327 area...

TT
  • #21,682
  • Dec 27, 2012 6:55pm Dec 27, 2012 6:55pm
Quoting mystic
My charts show it sitting above a pile of support. It's had a steep run down, and a retrace to say 1.045 seems a good prospect. But my gut keeps saying "bear" and a further steep fall in the future.

I'm just scalping and waiting to see what happens.
Every scenario is possible before the dust settles. I just try to figure out what may happen next.
daddybearforex. com
  • #21,683
  • Dec 27, 2012 6:57pm Dec 27, 2012 6:57pm
Thanks. Sometimes the Bear is more adorable than the Bull. Winnie the Pooh is my favorite bear.

Quoting forexalien
Love this cartoon......

http://www.forexfactory.com/attachme...1&d=1356577240
daddybearforex. com
  • #21,684
  • Dec 27, 2012 7:00pm Dec 27, 2012 7:00pm
Have you ever heard virtual foundation?

Quoting forexalien
All I see is a hole......no footings , no foundation, China is just inches under the Bulls feet.......I hope he doesn't fall thru.......

http://www.forexfactory.com/attachme...1&d=1356631193 (http://www.forexfactory.com/attachment.php?attachmentid=1106483&d=1356631193)
daddybearforex. com
  • #21,685
  • Dec 27, 2012 9:13pm Dec 27, 2012 9:13pm
Quoting DaddyBear
Have you ever heard virtual foundation?
I am Silly.....
Attached Image (click to enlarge)
Click to Enlarge Name: FOUNDATION-24.jpg Size: 195 KB
The More You Learn, The More You Earn.....
  • #21,686
  • Dec 27, 2012 9:15pm Dec 27, 2012 9:15pm
Quoting forexalien
I am Silly.....
No, not really. You are a smart guy [if you are not a female.]
daddybearforex. com
  • #21,687
  • Dec 27, 2012 9:23pm Dec 27, 2012 9:23pm
This is the daily chart as of 1700 EST, 12/27/12. INDI "X" is rising and the green cloud is emerging. Downward pressure may be lessened a bit now.
Attached Image (click to enlarge)
Click to Enlarge Name: INDIX-122712-D.JPG Size: 60 KB
daddybearforex. com
  • #21,688
  • Dec 27, 2012 10:29pm Dec 27, 2012 10:29pm
Quoting DaddyBear
This is the daily chart as of 1700 EST, 12/27/12. INDI "X" is rising and the green cloud is emerging. Downward pressure may be lessened a bit now.
However, the green cloud is still way below current PA. 1.03105 may be tested. IMO
daddybearforex. com
  • #21,689
  • Dec 27, 2012 10:43pm Dec 27, 2012 10:43pm
Quoting forexalien
I am Silly.....
I dont think so.its friday.and my experience AUD always moved up.m30 I usually use aligator fibonaci r and fan and it makes me happy.when Iam taking short term or long term.beware guys...!!!!
  • #21,690
  • Dec 27, 2012 11:11pm Dec 27, 2012 11:11pm
Quoting khol_hands
I dont think so.its friday.and my experience AUD always moved up.
I agree it's wanting to go up, but there is a pile of resistance around 1.03830. It's having a good go now at breaking it, but I don't think it will do it this time. Maybe another retrace and regroup and it might punch thru.
Holy Grail part 1. - Cut loses short.
  • #21,691
  • Dec 28, 2012 8:35am Dec 28, 2012 8:35am
Good morning everyone. As of this morning, the PA is getting clear. A retest of previous low is in the cards. At this point, the downside risk is higher than the upside. IMO
daddybearforex. com
  • #21,692
  • Dec 28, 2012 8:38am Dec 28, 2012 8:38am
Quoting DaddyBear
Good morning everyone. As of this morning, the PA is getting clear. A retest of previous low is in the cards. At this point, the downside risk is higher than the upside. IMO
I have projected a rebound for a few days. I still believe it is underway but a counter-rebound is needed before a stronger rebound can take place.

http://www.forexfactory.com/attachme...1&d=1356631193
daddybearforex. com
  • #21,693
  • Dec 28, 2012 8:47am Dec 28, 2012 8:47am
"President Barack Obama will meet congressional leaders from both parties (http://www.cnbc.com/id/100343159) at the White House later this afternoon, just days before the deadline to reach a deal or see the a series of automatic spending cuts and tax hikes come into force.
House Speaker John Boehner, Senate GOP leader Mitch McConnell, Senate Majority Leader Harry Reid, House Democratic Leader Nancy Pelosi and Vice President Joe Biden are scheduled to attend Friday's meeting. If a deal is not possible, Obama and the leaders would leave the resolution to the next Congress to address in January." -CNBC-
daddybearforex. com
  • #21,694
  • Dec 28, 2012 8:48am Dec 28, 2012 8:48am
Quoting DaddyBear
"President Barack Obama will meet congressional leaders from both parties (http://www.cnbc.com/id/100343159) at the White House later this afternoon, just days before the deadline to reach a deal or see the a series of automatic spending cuts and tax hikes come into force.
House Speaker John Boehner, Senate GOP leader Mitch McConnell, Senate Majority Leader Harry Reid, House Democratic Leader Nancy Pelosi and Vice President Joe Biden are scheduled to attend Friday's meeting. If a deal is not possible, Obama and the leaders...
This meeting is at 1500 EST to the best of my knowledge.
daddybearforex. com
  • #21,695
  • Dec 28, 2012 8:51am Dec 28, 2012 8:51am
This counter-rebound could be very fierce and swift. This move may end when Obama reaches a compromise with GOP this afternoon.

Quoting DaddyBear
I have projected a rebound for a few days. I still believe it is underway but a counter-rebound is needed before a stronger rebound can take place.

http://www.forexfactory.com/attachme...1&d=1356631193
daddybearforex. com
  • #21,696
  • Dec 28, 2012 8:52am Dec 28, 2012 8:52am
Quoting DaddyBear
This counter-rebound could be very fierce and swift. This move may end when Obama reaches a compromise this afternoon.
I believe a last minute deal may be likely sooner or later before 12/31.
daddybearforex. com
  • #21,697
  • Dec 28, 2012 9:31am Dec 28, 2012 9:31am
DB, I thank you for my Badge of honor you have given me. This is a great day for all Aliens........
Attached Images
The More You Learn, The More You Earn.....
  • #21,698
  • Dec 28, 2012 9:48am Dec 28, 2012 9:48am
Quoting forexalien
DB, I thank you for my Badge of honor you have given me. This is a great day for all Aliens........
You are welcome. You deserve one at least.
daddybearforex. com
  • #21,699
  • Dec 28, 2012 9:49am Dec 28, 2012 9:49am
Quoting DaddyBear
Good morning everyone. As of this morning, the PA is getting clear. A retest of previous low is in the cards. At this point, the downside risk is higher than the upside. IMO
good evening DB
Sometimes it's better to be wrong,to learn..
  • #21,700
  • Dec 28, 2012 9:53am Dec 28, 2012 9:53am
Quoting KiNgEdwarD
good evening DB
Good morning King. I noticed you have posted 1,001 messages. Keep up your good job.
daddybearforex. com
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