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  • #22,621
  • Jan 9, 2013 9:24am Jan 9, 2013 9:24am
Quoting DaddyBear
Wasn't your green wave iii of iii [not shown on your chart] supposed to go down? Why is it keeping going up?

http://www.forexfactory.com/attachme...1&d=1357675440
You ask why market was go up from 1.0527 to form another top at 1.0535. 8 pips???
  • #22,622
  • Jan 9, 2013 9:29am Jan 9, 2013 9:29am
Quoting Mr. Scott
1.0547 is nice level, looks like weekly tl there.
The weekly DTL was broken on 12/11/12. The Aussie is above that DTL now.
Attached Image (click to enlarge)
Click to Enlarge Name: AUD-010913-W.JPG Size: 96 KB
daddybearforex. com
  • #22,623
  • Jan 9, 2013 9:31am Jan 9, 2013 9:31am
Quoting Tim_isoara
You ask why market was go up from 1.0527 to form another top at 1.0535. 8 pips???
I did not ask such a question. You mentioned alien's short was safe and I asked why. Could you answer this question?

Wasn't your green wave iii of iii [not completely shown on your chart] supposed to go down? Why is it keeping going up?

http://www.forexfactory.com/attachme...1&d=1357675440
daddybearforex. com
  • #22,624
  • Jan 9, 2013 9:39am Jan 9, 2013 9:39am
Quoting DaddyBear
Do you have a chart?
Guys sorry if I miss any questions today, I am busy with other pairs and flat AUD as per previous, I see both.

Tim, I think your EWP question was answered, if not let me know and I will get to it. 1.054-55 seems max for tl.

As always, depends on how you draw tl, but USDBear posted this and get point across:

http://www.forexfactory.com/attachme...2&d=1357744606
The world you desire can be won. It exists.. it is real.. it is possible..
  • #22,625
  • Jan 9, 2013 9:42am Jan 9, 2013 9:42am
Quoting DaddyBear
I did not ask such a question. You mentioned alien's short was safe and I asked why. Could you answer this question?

Wasn't your green wave iii of iii [not completely shown on your chart] supposed to go down? Why is it keeping going up?

http://www.forexfactory.com/attachme...1&d=1357675440
To give a simple answer.We have a divergence on awesome oscillator on H4.What does this mean for EWC?
  • #22,626
  • Jan 9, 2013 9:48am Jan 9, 2013 9:48am
Quoting Tim_isoara
To give a simple answer.We have a divergence on awesome oscillator on H4.What does this mean for EWC?
As per previous post, I did not take position based on divergence.

EWP should only fail when market is manipulated, otherwise we need to change our interpretation.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #22,627
  • Jan 9, 2013 9:53am Jan 9, 2013 9:53am
Quoting Mr. Scott
As per previous post, I did not take position based on divergence.

EWP should only fail when market is manipulated, otherwise we need to change our interpretation.
Divergence on AO is important to EW count.
  • #22,628
  • Jan 9, 2013 9:54am Jan 9, 2013 9:54am
Quoting Tim_isoara
To give a simple answer.We have a divergence on awesome oscillator on H4.What does this mean for EWC?
I guess you try to avoid answering my simple question. I think we have had enough discussions on this subject and I will let it go.
daddybearforex. com
  • #22,629
  • Jan 9, 2013 9:57am Jan 9, 2013 9:57am
Quoting Tim_isoara
Divergence on AO is important to EW count.
Agreed, although I do not use it.

But indicators will break down in consolidation. They are looking for change when there is none.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #22,630
  • Jan 9, 2013 10:04am Jan 9, 2013 10:04am
Quoting Mr. Scott
Agreed, although I do not use it.

But indicators will break down in consolidation. They are looking for change when there is none.
When market is in consolidation, for me the answer is in higher time frame and EWP.
  • #22,631
  • Jan 9, 2013 10:15am Jan 9, 2013 10:15am
Quoting Tim_isoara
When market is in consolidation, for me the answer is in higher time frame and EWP.
Right on bro.

Thus my confusion and no position. I can make bear case on higher tf, bull on lower. Thus no trade until my mind is clear.

I refuse to play this Simpsons range, instead wait and play other pairs.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #22,632
  • Jan 9, 2013 10:17am Jan 9, 2013 10:17am
Quoting DaddyBear
Welcome MarcVUM. Are you a cowboy?
Thanks! Although I do own a 5 acre hobby farm I do not own any cows so I guess the term "cowboy" would not be an appropriate word to describe me.

Regarding A/U, this is playing out interesting. All of my charts indicate further northbound gains but it just seems to continue consolidating. GL
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #22,633
  • Jan 9, 2013 10:19am Jan 9, 2013 10:19am
Quoting Mr. Scott
Right on bro.

Thus my confusion and no position. I can make bear case on higher tf, bull on lower. Thus no trade until my mind is clear.

I refuse to play this Simpsons range, instead wait and play other pairs.
What pair you trade?
  • #22,634
  • Jan 9, 2013 10:20am Jan 9, 2013 10:20am
Quoting Tim_isoara
What pair you trade?
Looking at Yen pairs because that is where action is, EURUSD.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #22,635
  • Jan 9, 2013 10:22am Jan 9, 2013 10:22am
Anyone thinks the aud/usd is getting ready to spring upwards?
  • #22,636
  • Jan 9, 2013 10:24am Jan 9, 2013 10:24am
Quoting Mr. Scott
Looking at Yen pairs because that is where action is, EURUSD.
I trade now Eur/Jpy Eur/Usd and Aud/Usd
  • #22,637
  • Jan 9, 2013 10:34am Jan 9, 2013 10:34am
Short at 1.0508
Stop: 1.0540
TP 1: 1.0420 (will take 1/3 order)
  • #22,638
  • Jan 9, 2013 10:47am Jan 9, 2013 10:47am
Quoting josh1125
Short at 1.0508
Stop: 1.0540
TP 1: 1.0420 (will take 1/3 order)
I wouldn't short at this level even I am not long now.
daddybearforex. com
  • #22,639
  • Jan 9, 2013 11:18am Jan 9, 2013 11:18am
Good morning to you all..I put some pending sells in at 10529 before i went to bed and it hit so I woke up with a nice profit..
Quoting DaddyBear
I wouldn't short at this level even I am not long now.
  • #22,640
  • Jan 9, 2013 11:25am Jan 9, 2013 11:25am
Quoting dsmith2269
Good morning to you all..I put some pending sells in at 10529 before i went to bed and it hit so I woke up with a nice profit..
How did you choose that price for your orders?
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