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Aussie Trading Room and Cartoons Gallery

  • #24,421
  • Jan 17, 2013 7:40am Jan 17, 2013 7:40am
Quoting DaddyBear
Good morning everyone. A retest of daily low is in the cards. I'd say the probability is almost 100%. Will it hold up or not?
Retest 49x area?
  • #24,422
  • Jan 17, 2013 7:41am Jan 17, 2013 7:41am
Bye bye aussie...
AUD - Unemployment rose
USD - Unemployment claims 5 year low
  • #24,423
  • Jan 17, 2013 7:44am Jan 17, 2013 7:44am
Quoting DaddyBear
Good morning everyone. A retest of daily low is in the cards. I'd say the probability is almost 100%. Will it hold up or not?
Based on the daily chart and my EWC, I'd say it won't hold up this time.
daddybearforex. com
  • #24,424
  • Jan 17, 2013 7:45am Jan 17, 2013 7:45am
Quoting FxLapozi
Retest 49x area?
Whatever is shown on your platform.
daddybearforex. com
  • #24,425
  • Jan 17, 2013 7:45am Jan 17, 2013 7:45am
Quoting Mr. Scott
Just need time and practice. Here is a good place to learn, as many helpful people here.

Think 10,000 hours at the screen. Then you will have it.
Thats about right ....10,000 hours, I am only at 6000....now.....When you have seen everything to see, several times each, then the less you get fooled.
like driving a car, but harder because you can see it, but not touch it.....
The More You Learn, The More You Earn.....
  • #24,426
  • Jan 17, 2013 7:48am Jan 17, 2013 7:48am
Quoting Sayap111
I'm gambling now sell 1.0540 sl 1.0545
ur SL is hit..if u wanted to short u should have waited for the right time wait for 1.0580-1.0600 for a good entry in short
  • #24,427
  • Jan 17, 2013 7:50am Jan 17, 2013 7:50am
Quoting arcticwolf
That is what I have been doing and sitting here reading posts I have no idea what you are all talking about most times. I have just worked out most of the short hand lingo last week
Think of it as a new language you are trying to learn, and study well....4 year college.....
The More You Learn, The More You Earn.....
  • #24,428
  • Jan 17, 2013 7:51am Jan 17, 2013 7:51am
Quoting DaddyBear
The Forex market is not a casino. Don't gamble if you want to win in the long run.
Just think that the C wave don't fully complete yet....we might be in corrective wave of c wave.....if i wrong sl will stop me......
  • #24,429
  • Jan 17, 2013 7:53am Jan 17, 2013 7:53am
Quoting arcticwolf
I have the resolve to make it because I like the action (and money) compared to shares
Like the Action first, don't gamble with it and then the money comes without thinking about it.........also don't over trade, it will chew your account up or stay demo for a couple of years and then start out with a mirco account......
The More You Learn, The More You Earn.....
  • #24,430
  • Jan 17, 2013 7:57am Jan 17, 2013 7:57am
Quoting Brocklesnar
ur SL is hit..if u wanted to short u should have waited for the right time wait for 1.0580-1.0600 for a good entry in short
that's why it's gambling .... try to be scalper ( which i'm bad at it) i wonder how the scalper do it ....
  • #24,431
  • Jan 17, 2013 7:58am Jan 17, 2013 7:58am
Quoting arcticwolf
my shorts are going in the wrong direction now
The tag goes in the back son.....
The More You Learn, The More You Earn.....
  • #24,432
  • Jan 17, 2013 7:59am Jan 17, 2013 7:59am
aud is near the top of a downtrend channel FYI....
Attached Image (click to enlarge)
Click to Enlarge Name: top channel.JPG Size: 111 KB
The More You Learn, The More You Earn.....
  • #24,433
  • Jan 17, 2013 8:01am Jan 17, 2013 8:01am
Quoting Sayap111
that's why it's gambling .... try to be scalper ( which i'm bad at it) i wonder how the scalper do it ....
In fact, good scalping is a tough art to master IMO.
daddybearforex. com
  • #24,434
  • Jan 17, 2013 8:02am Jan 17, 2013 8:02am
Quoting Chillypiper
Put this in your box. Mr. Bond.....And keep an eye for the 15m engulfing..

http://candlecharts.com/candlestick-patterns.html

Nice job on your Thread DB!.. Cheers!
Did someone forget to tell me we were going to war?

http://www.forexfactory.com/nfs/cust...ic155975_2.gif
The More You Learn, The More You Earn.....
  • #24,435
  • Jan 17, 2013 8:07am Jan 17, 2013 8:07am
Quoting arcticwolf
news has just come out that nomura has bought 15million of audusd pair @1.0515 with a view of 1.1080 sl of1.0300
That would be 150 standard contracts , chump change , they only needed $375,000 in their account to cover that trade for now.....
The More You Learn, The More You Earn.....
  • #24,436
  • Jan 17, 2013 8:10am Jan 17, 2013 8:10am
Quoting forexalien
aud is near the top of a downtrend channel FYI....
PA hit the 61.8 , 1.0544 area
The More You Learn, The More You Earn.....
  • #24,437
  • Jan 17, 2013 8:10am Jan 17, 2013 8:10am
Quoting Sayap111
that's why it's gambling .... try to be scalper ( which i'm bad at it) i wonder how the scalper do it ....

Better luck next time
  • #24,438
  • Jan 17, 2013 8:19am Jan 17, 2013 8:19am
Quoting GnarlyPips
Price hit a demand level I had completely forgotten.

1.0533~? Use the 15m. This is a new supply level.
Well, I missed about a 10 pip scalp while I was asleep. Sometimes, I wish I never had to sleep.

1.055~?
Play the players, not the cards.
  • #24,439
  • Jan 17, 2013 8:21am Jan 17, 2013 8:21am
I sincerely hope ChillyP makes good pips every trading day. Otherwise, we may see the headline of random shooting in his area ............

Quoting forexalien
Did someone forget to tell me we were going to war?

http://www.forexfactory.com/nfs/cust...ic155975_2.gif
daddybearforex. com
  • #24,440
  • Jan 17, 2013 8:26am Jan 17, 2013 8:26am
Quoting Brocklesnar
Better luck next time
if it's going down i think i need learn more the arts of placing SL
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