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Aussie Trading Room and Cartoons Gallery

  • #23,081
  • Jan 11, 2013 8:04am Jan 11, 2013 8:04am
Quoting Mr. Scott
Start with Frost and Prechter Jr: Elliott Wave Principle

Then practice with charts.
Yes, it is the way to go!
daddybearforex. com
  • #23,082
  • Edited 8:47am Jan 11, 2013 8:09am | Edited 8:47am
Quoting forexalien
maybe by 1 pip or so........

Posted by DaddyBear (http://www.forexfactory.com/showthread.php?p=6356270#post6356270)
If my vision is correct, I expect the Aussie moves above 1.0600 mark after 830 EST Friday morning.

Alien > maybe by 1 pip or so........

Not yet..........
The More You Learn, The More You Earn.....
  • #23,083
  • Jan 11, 2013 8:12am Jan 11, 2013 8:12am
Quoting dsmith2269
here is some more art of mine..Sorry big bear if this bothers you i wont posy any more
Bro, trading is waiting. Or should be.

That is why there is humor and cartoons(art) here. Plus, some of the art is educational and has meaning.

I have neither, so try to stick to facts.

Lesson learned on your trade, I guess. Consider it money well invested, if lesson learned.

I would add for all benefit, including mine, don't countertrade a breakout like that, if you are countertrend trading pick a tight stop above some supply level, do not add to loser. Worst case, take small loss, and reenter.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #23,084
  • Jan 11, 2013 8:15am Jan 11, 2013 8:15am
While the Bull is digging the foundation, I'd share my thoughts about old school teachings.

The most incredible teaching is waiting until PA is above/below certain level then go long/ short regardless of how many pips are above/below current level. I have seen some messages talking about shorting below the parity when AUD was at 1.02xx. The same message also mentioned no long until AUD breaks 1.04xx.

This teaching is not only old but may make a trader sitting on his hands and waiting and waiting......
daddybearforex. com
  • #23,085
  • Jan 11, 2013 8:19am Jan 11, 2013 8:19am
Quoting forexalien
Posted by DaddyBear (http://www.forexfactory.com/showthread.php?p=6356270#post6356270)
If my vision is correct, I expect the Aussie moves above 1.0600 mark after 830 EST Friday morning.

Post hidden because DaddyBear is on your ignore list (http://www.forexfactory.com/profile.php?do=ignorelist).
Alien > maybe by 1 pip or so........

Not yet..........
If my vision is correct, I expect the Aussie moves above 1.0600 mark after 830 EST Friday morning.

This meant the Aussie wouldn't go above 1.0600 before 830 EST Friday. So shorting was fine IMO. I made some pips while I was sleeping.
daddybearforex. com
  • #23,086
  • Jan 11, 2013 8:24am Jan 11, 2013 8:24am
Quoting DaddyBear
If my vision is correct, I expect the Aussie moves above 1.0600 mark after 830 EST Friday morning.

This meant the Aussie wouldn't go above 1.0600 before 830 EST Friday. So shorting was fine IMO.
Nice call but I guess you are lucky we are only using bid prices.

Humans are strange people, fascinated by round numbers. That is why I like to use 7 or 8 for entry/exit.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #23,087
  • Jan 11, 2013 8:25am Jan 11, 2013 8:25am
Quoting DaddyBear
So you came back after having happy hours with your girl?

All indicators are all after-the-fact signals. What I am looking for are the signals before the fact. These signals are invisible and can be read by one's mind.
look at it this way, the indicators are the price, and yes you might not be able to catch the first 5 pips on a turn with them, but you can anticipate the turn and join the new trend direction, I have learn to see every turn in the market sooooo your half ball cartoon fits in here for you......
The More You Learn, The More You Earn.....
  • #23,088
  • Jan 11, 2013 8:28am Jan 11, 2013 8:28am
EURAUD is like a rocket. Already made 100+ pips.

Still cheap imo.
  • #23,089
  • Jan 11, 2013 8:30am Jan 11, 2013 8:30am
Quoting DaddyBear
Not for a circle.
The circle even had a start and a end before it became a circle............
http://www.youtube.com/watch?v=eAhfZUZiwSE
The More You Learn, The More You Earn.....
  • #23,090
  • Jan 11, 2013 8:32am Jan 11, 2013 8:32am
Quoting DaddyBear
H4 is in a retracement mode.
I think I might have to agree with you here........
The More You Learn, The More You Earn.....
  • #23,091
  • Jan 11, 2013 8:34am Jan 11, 2013 8:34am
Quoting dsmith2269
not frustrated but disappointed at myself..I have a strong belief you have to take a risk in this or you will fail..people get to afraid to take risk so they put in short stops witch in turn makes them lose more money.. But if you are starting with a account under 500.00 then its a different road then the 4 or 2% apply..im just mad at myself..I will get it back it is just a matter of time..
Trade micros,,, 0.01 contract size......
The More You Learn, The More You Earn.....
  • #23,092
  • Jan 11, 2013 8:34am Jan 11, 2013 8:34am
Quoting DaddyBear
If my vision is correct, I expect the Aussie moves above 1.0600 mark after 830 EST Friday morning.

This meant the Aussie wouldn't go above 1.0600 before 830 EST Friday. So shorting was fine IMO. I made some pips while I was sleeping.
IMO, the new wave/sub-trend started at 545 EST when the morning was broken.
daddybearforex. com
  • #23,093
  • Jan 11, 2013 8:35am Jan 11, 2013 8:35am
Quoting DaddyBear
IMO, the new wave/sub-trend started at 545 EST when the morning was broken.
Current PA is a consolidation before a thrust not a retracement. IMO
daddybearforex. com
  • #23,094
  • Jan 11, 2013 8:36am Jan 11, 2013 8:36am
Quoting dsmith2269
i guess i always have my art work..lol witch dosent make me any money
I buy art, do you take your work to shows?
The More You Learn, The More You Earn.....
  • #23,095
  • Jan 11, 2013 8:39am Jan 11, 2013 8:39am
Quoting dsmith2269
not frustrated but disappointed at myself..I have a strong belief you have to take a risk in this or you will fail..people get to afraid to take risk so they put in short stops witch in turn makes them lose more money.. But if you are starting with a account under 500.00 then its a different road then the 4 or 2% apply..im just mad at myself..I will get it back it is just a matter of time..
Don't beat yourself up either, work smarter and trade only grade A trades in real account and do your guessing trades in a demo.......
The More You Learn, The More You Earn.....
  • #23,096
  • Jan 11, 2013 8:42am Jan 11, 2013 8:42am
Quoting dsmith2269
thanks..
The arm injury is very good.......
The More You Learn, The More You Earn.....
  • #23,097
  • Jan 11, 2013 8:43am Jan 11, 2013 8:43am
Quoting forexalien
look at it this way, the indicators are the price, and yes you might not be able to catch the first 5 pips on a turn with them, but you can anticipate the turn and join the new trend direction, I have learn to see every turn in the market sooooo your half ball cartoon fits in here for you......
Alien, I really like your charts and indicators.

But DaddyBear is correct. In fact, his comment is extremely astute and insightful and the obvious product of a lot of experience. In fact, I propose everyone on this thread reread that comment and try to commit it to memory.

All indicators are by definition a response to the past. They can help and have predictive value but the goal is to see the moves before without the indicators.

IMO, using indicators is a way to get there.

Not saying I am there, just saying that is the way.

Trading is a journey, not a destination.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #23,098
  • Jan 11, 2013 8:45am Jan 11, 2013 8:45am
Here comes the bottom DB?
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  • #23,099
  • Jan 11, 2013 8:56am Jan 11, 2013 8:56am
Quoting forexalien
Posted by DaddyBear (http://www.forexfactory.com/showthread.php?p=6356270#post6356270)
If my vision is correct, I expect the Aussie moves above 1.0600 mark after 830 EST Friday morning.

Alien > maybe by 1 pip or so........

Not yet..........
HEY DB ! Just to set things straight, you are NOT on my ignore list like it says below, when I copy and paste certain parts of a message , this line gets tagged on somehow, I have talked to the IT guys about that happening before, I didn't want you to think different about me because that shows up without my control.....

Posted by DaddyBear (http://www.forexfactory.com/showthread.php?p=6356270#post6356270)
If my vision is correct, I expect the Aussie moves above 1.0600 mark after 830 EST Friday morning.

Post hidden because DaddyBear is on your ignore list (http://www.forexfactory.com/profile.php?do=ignorelist).
Alien > maybe by 1 pip or so........

Not yet..........
The More You Learn, The More You Earn.....
  • #23,100
  • Jan 11, 2013 9:07am Jan 11, 2013 9:07am
Quoting mry2001
EURAUD is like a rocket. Already made 100+ pips.

Still cheap imo.
Great stuff, good job !
The More You Learn, The More You Earn.....
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