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Aussie Trading Room and Cartoons Gallery

  • #23,621
  • Jan 14, 2013 3:20pm Jan 14, 2013 3:20pm
Quoting DaddyBear
I'd call it the point of return instead of the bottom.
Replace the Bull with a Bear..
Attached Image (click to enlarge)
Click to Enlarge Name: Boomerang-2.JPG Size: 51 KB
daddybearforex. com
  • #23,622
  • Jan 14, 2013 3:21pm Jan 14, 2013 3:21pm
Quoting DaddyBear
What do you mean?
NADA , NO rock and Roll, No shake and bake , no bull bear movement......
The More You Learn, The More You Earn.....
  • #23,623
  • Jan 14, 2013 3:22pm Jan 14, 2013 3:22pm
Quoting DaddyBear
I'd call it the point of return instead of the bottom.
The point of $$$$$$$$ return......you mean ?
The More You Learn, The More You Earn.....
  • #23,624
  • Jan 14, 2013 3:25pm Jan 14, 2013 3:25pm
Quoting DaddyBear
Now let's move on to the issue of how far it would go from here.
I will get back to you on that in a bit, Changing oil on the UFO right now........What are your thoughts for a return?
The More You Learn, The More You Earn.....
  • #23,625
  • Jan 14, 2013 3:28pm Jan 14, 2013 3:28pm
Quoting forexalien
The point of $$$$$$$$ return......you mean ?
Yes, it can have dual meanings.
daddybearforex. com
  • #23,626
  • Jan 14, 2013 3:30pm Jan 14, 2013 3:30pm
Quoting forexalien
I will get back to you on that in a bit, Changing oil on the UFO right now........What are your thoughts for a return?
How old is your UFO? Changing oil? I am thinking to open a new bank account for this return. Did I answer your question?
daddybearforex. com
  • #23,627
  • Jan 14, 2013 3:37pm Jan 14, 2013 3:37pm
Quoting e.trader
lol... we're only playing a game. I don't kiwi often.
IMO, Kiwi is easier to understand than Aussie on a technical basis. You should use whatever method of analysis you prefer on Kiwi, it just might work better than it does on the Aussie.
"Timing Is Everything. Really I Swear It Is"
  • #23,628
  • Jan 14, 2013 3:41pm Jan 14, 2013 3:41pm
ok the affect of the speech was pretty min( unless I missed something) is it down hill from here?
  • #23,629
  • Jan 14, 2013 3:44pm Jan 14, 2013 3:44pm
Quoting arcticwolf
ok the affect of the speech was pretty min( unless I missed something) is it down hill from here?
It depends on which way you drive.
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Click to Enlarge Name: ONE WAY.JPG Size: 60 KB
daddybearforex. com
  • #23,630
  • Jan 14, 2013 3:53pm Jan 14, 2013 3:53pm
One quote was that the US Treasury could hit dept ceiling by mid Feb, this could cause a risk off.
  • #23,631
  • Jan 14, 2013 3:55pm Jan 14, 2013 3:55pm
Quoting redpip61
One quote was that the US Treasury could hit dept ceiling by mid Feb, this could cause a risk off.
Welcome redpip61. Does this mean that the Aussie will stay low until mid Feb? -DB-
daddybearforex. com
  • #23,632
  • Jan 14, 2013 3:56pm Jan 14, 2013 3:56pm
"Bernanke: 'We're Not Out of the Woods' Despite 'Cliff' Deal" -CNBC-
daddybearforex. com
  • #23,633
  • Jan 14, 2013 3:57pm Jan 14, 2013 3:57pm
Quoting DaddyBear
"Bernanke: 'We're Not Out of the Woods' Despite 'Cliff' Deal" -CNBC-
Ben's remark may cost the bulls xx pips.
daddybearforex. com
  • #23,634
  • Jan 14, 2013 4:02pm Jan 14, 2013 4:02pm
Quoting DaddyBear
When it starts to move down, it could be a fierce movement. IMO
It's very volatile now.
daddybearforex. com
  • #23,635
  • Jan 14, 2013 4:03pm Jan 14, 2013 4:03pm
Quoting DaddyBear
It's very volatile now.
spread was 8 pips right after cut off time.
  • #23,636
  • Jan 14, 2013 4:03pm Jan 14, 2013 4:03pm
Quoting DaddyBear
Welcome redpip61. Does this mean that the Aussie will stay low until mid Feb? -DB-
To be honest I couldn't say. It may stay in consolidation and move higher until nearer that time. The fundamental problem is with the RBA as they've been trying to devalue the currency and hasn't really worked so far probably a further rate cut is needed to push it down.

When the fiscal cliff is reached again we would have a risk off scenario, but perhaps not yet judging by the lack of movement.
  • #23,637
  • Jan 14, 2013 4:05pm Jan 14, 2013 4:05pm
Quoting redpip61
To be honest I couldn't say. It may stay in consolidation and move higher until nearer that time. The fundamental problem is with the RBA as they've been trying to devalue the currency and hasn't really worked so far probably a further rate cut is needed to push it down.

When the fiscal cliff is reached again we would have a risk off scenario, but perhaps not yet judging by the lack of movement.
do you think by cutting rates would solve the high AUD ?
or just a temp fix?
  • #23,638
  • Jan 14, 2013 4:08pm Jan 14, 2013 4:08pm
Quoting DaddyBear
It's very volatile now.
it is very volatile but due to wide spread, i am sitting out.
cant make money scalping like this
  • #23,639
  • Jan 14, 2013 4:16pm Jan 14, 2013 4:16pm
I may have spoke too soon because it looks like I am driving on the wrong side of the road with my buy trades now.
Quoting DaddyBear
It depends on which way you drive.
  • #23,640
  • Jan 14, 2013 4:18pm Jan 14, 2013 4:18pm
Quoting HelloOz
it is very volatile but due to wide spread, i am sitting out.
cant make money scalping like this
Are you a little scalping bear?
daddybearforex. com
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