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Aussie Trading Room and Cartoons Gallery

  • #22,021
  • Jan 1, 2013 2:15pm Jan 1, 2013 2:15pm
Quoting genereal
Happy new yr to evrryone....wishing everyone a good trading year...Hope we make much profit this year>>>>>
Welcome general if I have not done so before.

"wishing everyone a good trading year...Hope we make much profit this year."

http://www.forexfactory.com/attachme...4&d=1352976853
daddybearforex. com
  • #22,022
  • Jan 1, 2013 2:42pm Jan 1, 2013 2:42pm
Current quote: 1.0391. Stabled for now but who knows.
daddybearforex. com
  • #22,023
  • Jan 1, 2013 3:48pm Jan 1, 2013 3:48pm


Quoting genereal
Happy new yr to evrryone....wishing everyone a good trading year...Hope we make much profit this year>>>>>
  • #22,024
  • Jan 1, 2013 4:33pm Jan 1, 2013 4:33pm
bad numbers again AIG Manufacturing Index ... sl for the long 1,2644 so far target 1,37
  • #22,025
  • Jan 1, 2013 9:20pm Jan 1, 2013 9:20pm
Wow, pretty exciting start to the new year
  • #22,026
  • Jan 1, 2013 11:06pm Jan 1, 2013 11:06pm
1.046
Play the players, not the cards.
  • #22,027
  • Jan 1, 2013 11:07pm Jan 1, 2013 11:07pm
so it looks like the vote in favor of the bill has made the markets go crazy up....question to all of you..i have a long going on the aussie but I put a tp at 1.0410 but my broker (fxcm) doesn't open up for another hour...when they open will it close my position at market or 1.0410..I realize this is a total newbie question but if you don't ask you'll never learn..at least that's what I was taught.
  • #22,028
  • Jan 1, 2013 11:12pm Jan 1, 2013 11:12pm
Quoting petehnm
so it looks like the vote in favor of the bill has made the markets go crazy up....question to all of you..i have a long going on the aussie but I put a tp at 1.0410 but my broker (fxcm) doesn't open up for another hour...when they open will it close my position at market or 1.0410..I realize this is a total newbie question but if you don't ask you'll never learn..at least that's what I was taught.
Hey Pete, now the price is 1.0461.

And unless it retreats to below 1.0410 (within the next hour), I believe you'll hit your target when your broker opens.
  • #22,029
  • Jan 1, 2013 11:14pm Jan 1, 2013 11:14pm
Quoting JollyBean
Hey Pete, now the price is 1.0461.

And unless it retreats to below 1.0410 (within the next hour), I believe you'll hit your target when your broker opens.
But quite honestly, I think it'll be a better strategy to simply monitor the live rates of AUD/USD, and if it's way past your TP like 1.046, then why not remove your TP now, and capture even higher profits at the current price instead when your broker opens?
  • #22,030
  • Jan 1, 2013 11:14pm Jan 1, 2013 11:14pm
Quoting JollyBean
Hey Pete, now the price is 1.0461.

And unless it retreats to below 1.0410 (within the next hour), I believe you'll hit your target when your broker opens.
thanks jollybean...I was kinda hoping that it would get closed at the current market price...
  • #22,031
  • Jan 1, 2013 11:20pm Jan 1, 2013 11:20pm
I'm still waiting on 1.0515. Wanted to wait for something that's been broken already, but it's been broken already.
Play the players, not the cards.
  • #22,032
  • Jan 1, 2013 11:30pm Jan 1, 2013 11:30pm
never mind guys just got closed out at 1.0461 instead of 1.0410 50 more pips...woooo hoooo !!!!! by the way got in at 1.0374...great way to start the week....
  • #22,033
  • Jan 1, 2013 11:31pm Jan 1, 2013 11:31pm
Quoting petehnm
never mind guys just got closed out at 1.0461 instead of 1.0410 50 more pips...woooo hoooo !!!!! by the way got in at 1.0374...great way to start the week....
lol awesome
  • #22,034
  • Jan 1, 2013 11:33pm Jan 1, 2013 11:33pm
Quoting JollyBean
lol awesome
thanks bro...
  • #22,035
  • Jan 1, 2013 11:58pm Jan 1, 2013 11:58pm
This EW count was posted on Sunday night. Based on current PA and my wave count 48 hours ago, I'd say market paths were preset. I could not see what would happen tonight 48 hours ago, but EWP could.

Quoting DaddyBear
I'd like to post my EWC for everyone's reference. My yellow INDI X is a wave count indicator as well. It is very clear that wave (A) was completed. Right now, the Aussie is in the wave (B).

http://www.forexfactory.com/attachme...1&d=1356874664
daddybearforex. com
  • #22,036
  • Jan 2, 2013 12:02am Jan 2, 2013 12:02am
Quoting DaddyBear
This EW count was posted on Sunday night. Based on current PA and my wave count 48 hours ago, I'd say market paths were preset. I could not see what would happen tonight 48 hours ago, but EWP could.
Hey papa ...happy new year...i'm not quiet catching your message..are you seeing the bottom drop out ..or are you seeing the rise to 1.06...just curious...
  • #22,037
  • Jan 2, 2013 12:05am Jan 2, 2013 12:05am
Quoting DaddyBear
This EW count was posted on Sunday night. Based on current PA and my wave count 48 hours ago, I'd say market paths were preset. I could not see what would happen tonight 48 hours ago, but EWP could.
The market paths were preset regardless of what voting result was in the House. Wave (B) ended at 1.04949. It was exactly the 61.80% retracement.
daddybearforex. com
  • #22,038
  • Jan 2, 2013 12:09am Jan 2, 2013 12:09am
Quoting DaddyBear
The market paths were preset regardless of what voting result was in the House. Wave (B) ended at 1.04949. It was exactly the 61.80% retracement.

Like, just now?
Play the players, not the cards.
  • #22,039
  • Jan 2, 2013 12:24am Jan 2, 2013 12:24am
Quoting petehnm
Hey papa ...happy new year...i'm not quiet catching your message..are you seeing the bottom drop out ..or are you seeing the rise to 1.06...just curious...
Within the daily context, 1.06 will be tested later. Within the H4/H1 context,1.06 will not be tested in the very near term. Not sure about your definition of the bottom drops out. At least I know it won't go below 0. This absolute bottom won't drop out...Papa
daddybearforex. com
  • #22,040
  • Jan 2, 2013 12:25am Jan 2, 2013 12:25am
Quoting GnarlyPips
Like, just now?
Can you make your message a little bit clearer?
daddybearforex. com
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